Ethereum price spikes to $1,161 for the first time in three years: What’s next?

[newshunter]

Ethereum price spikes to $1,161 for the first time in three years: What’s next?

Ether, the native cryptocurrency of Ethereum, rose to $1,161 but immediately corrected thereafter.

Source: Ethereum price spikes to $1,161 for the first time in three years: What’s next?

Would appreciate your opinion about this

[monig18]

Ethereum are now on the way to cross its previous all time high and then create new all time high which probably may be $2000. Etherum market cap is 100B$ which shows that Eth will easily go to 2000$.

[Fenix]

In general, I agree that ethereum, even with its current price of about $ 1,100, is still very undervalued compared to the significant role it plays in the world of cryptocurrency. Therefore, I admit that over the course of the year this coin can rise in price up to several thousand dollars. The situation in the ethereum network and in the cryptocurrency market is quite conducive to such growth.

[TomPluz]

We already what can be next with the Ethereum coin and that is breaking its past ATH. I am sure so many Eth holders and supporters everywhere are so happy that it is also making big moves alongside Bitcoin. The only casualty here is the still exorbitant gas fees required to transfer ERC-20 assets which is so affecting many alt holders. Right now, I do not want to sell my altcoins under Ethereum all because of the ridiculous gas needed.

[Gravatai]

Ethereum are now on the way to cross its previous all time high and then create new all time high which probably may be $2000. Etherum market cap is 100B$ which shows that Eth will easily go to 2000$.

This is true as many traders talk about ETH having high upside potential and could reach $2,600-$2,800 in the coming months. In the long term, its price can reach $4000 and more. It’s hard to believe, but I think it’s quite realistic based on how much BTC was able to grow, when many did not even believe that it would ever reach the price of $20,000 again.

[codehash]

We can now be saturated. Maybe it would be good to consider taking profits. There is always an opportunity to win. It will happen again. One should not be greedy.