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Author Topic: Will Ethereum hit $5000 this year?  (Read 10098 times)

Offline enwi

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Re: Will Ethereum hit $5000 this year?
« Reply #90 on: May 06, 2024, 06:35:26 PM »
but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF
Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.
We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.

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Re: Will Ethereum hit $5000 this year?
« Reply #90 on: May 06, 2024, 06:35:26 PM »

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Offline dekafee79

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Re: Will Ethereum hit $5000 this year?
« Reply #91 on: May 31, 2024, 08:45:53 AM »
but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF
Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.
We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.
In the crypto market anything can happen, and sometimes our predictions are wrong.  Some say this is just manipulation by whales.  In my opinion, this is true in the short term, but the 4 year cycle is still influential after the halving, the Bitcoin price will rise.  Because this happens every 4 years.  And learn from what has happened, this incident will always repeat itself.

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Re: Will Ethereum hit $5000 this year?
« Reply #91 on: May 31, 2024, 08:45:53 AM »

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Offline bounceback

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Re: Will Ethereum hit $5000 this year?
« Reply #92 on: May 31, 2024, 12:36:00 PM »
In the crypto market anything can happen, and sometimes our predictions are wrong.  Some say this is just manipulation by whales.  In my opinion, this is true in the short term, but the 4 year cycle is still influential after the halving, the Bitcoin price will rise.  Because this happens every 4 years.  And learn from what has happened, this incident will always repeat itself.
Will repeat its self with bitcoin four years recycle, I think the same with Ethereum potential raise up to $5000 after ETF approval and make more easily in the future to get investor trusted.
Halving have been two months ago and bitcoin recently after success breaking out to the higher price not make significant movement any more by creating new all time high price. Seems few months later if bitcoin make significant increasing price always follow by Ethereum how to break out more higher price with potential touch new ATH price or up to $5000 in this year.
I don't think need another four years cycle to see bitcoin next time halving raise to higher price after many investor and big company invest their money in bitcoin.

Offline Uruhara

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Re: Will Ethereum hit $5000 this year?
« Reply #93 on: May 31, 2024, 12:42:25 PM »
Isn't today the deadline to announce the decision on whether or not the Ethereum Spot ETF (S1) will be accepted? If that is true, tonight will definitely be a night that will cause market volatility in the Ethereum ecosystem to increase rapidly. For those who trade in the Future market, maybe you have to be careful. But for daily traders, maybe this will be a good moment to take advantage of. But I haven't seen any big moves in the price of ETH at the moment. Is it possible that even after approval, the ETH price will not immediately experience a rapid increase?

Offline Sim_card

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Re: Will Ethereum hit $5000 this year?
« Reply #94 on: June 01, 2024, 03:18:42 PM »
Isn't today the deadline to announce the decision on whether or not the Ethereum Spot ETF (S1) will be accepted? If that is true, tonight will definitely be a night that will cause market volatility in the Ethereum ecosystem to increase rapidly. For those who trade in the Future market, maybe you have to be careful. But for daily traders, maybe this will be a good moment to take advantage of. But I haven't seen any big moves in the price of ETH at the moment. Is it possible that even after approval, the ETH price will not immediately experience a rapid increase?
We can see Etherum at $5000 price after the approval of Etherum ETF but apart from that we might not see Etherum get to such price until Bitcoin price hits a new ATH next year. This is because Bitcoin price controls altcoins price. I think Etherum will be the next coin to buy for profit if ETF is approved.

Offline kulkhan

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Re: Will Ethereum hit $5000 this year?
« Reply #95 on: June 01, 2024, 07:40:58 PM »
I think within this year Ethereum price will hit $5000. Now Ethereum price $3800 and it gradually increasing. For Bitcoin halving Bitcoin and others currency price are increasing. I believe within short time we will see real bull session. And it will continue till 2025.

Now Ethereum price $3800 and it will continue. I think within this year Ethereum price will hit minimum $5000 and in future bull session it will hit $10k i strongly believe it.
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Offline Captain Corporate

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Re: Will Ethereum hit $5000 this year?
« Reply #96 on: June 01, 2024, 09:28:22 PM »
Looks like its more and more possible. I am not saying that it will work or not, I am not saying it will reach, but these days it looks a lot more possible for sure. The thing is that we should probably consider how we could benefit from it, or if there is something else that we could benefit more from as well. I personally expect a lot more from LTC, so I gathered a bit of that, but ETH looks like a prime to take coin too these days. Definitely even more when you think that in the bull run ETH will be used a lot more, that should definitely be something that we could benefit a lot more often.

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Re: Will Ethereum hit $5000 this year?
« Reply #96 on: June 01, 2024, 09:28:22 PM »


Offline vegasus

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Re: Will Ethereum hit $5000 this year?
« Reply #97 on: June 01, 2024, 11:32:11 PM »
Looks like its more and more possible. I am not saying that it will work or not, I am not saying it will reach, but these days it looks a lot more possible for sure. The thing is that we should probably consider how we could benefit from it, or if there is something else that we could benefit more from as well. I personally expect a lot more from LTC, so I gathered a bit of that, but ETH looks like a prime to take coin too these days. Definitely even more when you think that in the bull run ETH will be used a lot more, that should definitely be something that we could benefit a lot more often.
The current price of Ethereum is $3,800. When compared with the bearish period after the bullish era last season, indeed, the increase was quite fantastic. Yes, it is true that the price of Ethereum has not reached or exceeded the previous ATH, as experienced by Bitcoin in the last few months. However, what is certain is that the increase in ETH is quite significant and is growing quite rapidly. Yes, even though there will certainly be some price corrections that will make the price of ETH go up and down with the rhythm of following Bitcoin, of course, Ethereum continues to show its positive trend so far. So, confident of ETH price to reach $5k this season as ATH, I think it will happen. We just have to wait for the peak of bullish season this time. It's just that we can't say for sure when that will actually happen.

Offline UNIVERSE

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Re: Will Ethereum hit $5000 this year?
« Reply #98 on: June 02, 2024, 11:10:16 PM »
We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.
We didn't use random theories, people used familiar theories to predict the price of crypto coins. When we predict the price of Ethereum to reach $5000, we also compare it with the current price. Since the current price is not so far from $4000, it makes sense if we predict to reach $5000 won't be so difficult. When we have altcoins season, the price of crypto coins will increase massively. So we can assume Ethereum probably cross $5000 in the next altcoins season.

But I can agree that anything can happen, there is no exact prediction. We don't really know what to happen in the next few months. The market can be in bullish or bearish season. But if we consider the 4 years cycle, we should still have 1 year more for green market. It will be over at the end of 2025.


Offline bounceback

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Re: Will Ethereum hit $5000 this year?
« Reply #99 on: June 03, 2024, 06:30:36 AM »
We didn't use random theories, people used familiar theories to predict the price of crypto coins. When we predict the price of Ethereum to reach $5000, we also compare it with the current price. Since the current price is not so far from $4000, it makes sense if we predict to reach $5000 won't be so difficult. When we have altcoins season, the price of crypto coins will increase massively. So we can assume Ethereum probably cross $5000 in the next altcoins season.

But I can agree that anything can happen, there is no exact prediction. We don't really know what to happen in the next few months. The market can be in bullish or bearish season. But if we consider the 4 years cycle, we should still have 1 year more for green market. It will be over at the end of 2025.
Its make sense when huge expecting with ethereum price prediction will reach above $5k behind have dropped under $3,800 almost one month. Indeed always has many potential with ethereum price in the future but nearly seems need waiting longer time for expecting ethereum reach above $5k. Needed around 30% above for ethereum if want increasing to $5k and I think not in short term but get slowly progress for ethereum break out the higher price.
In this halving time, ethereum have good progress although failed reach above $5k but success hit to $4k and moment raising the higher price its need to wait only.

Offline Uruhara

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Re: Will Ethereum hit $5000 this year?
« Reply #100 on: June 03, 2024, 08:04:50 AM »
Isn't today the deadline to announce the decision on whether or not the Ethereum Spot ETF (S1) will be accepted? If that is true, tonight will definitely be a night that will cause market volatility in the Ethereum ecosystem to increase rapidly. For those who trade in the Future market, maybe you have to be careful. But for daily traders, maybe this will be a good moment to take advantage of. But I haven't seen any big moves in the price of ETH at the moment. Is it possible that even after approval, the ETH price will not immediately experience a rapid increase?
We can see Etherum at $5000 price after the approval of Etherum ETF but apart from that we might not see Etherum get to such price until Bitcoin price hits a new ATH next year. This is because Bitcoin price controls altcoins price. I think Etherum will be the next coin to buy for profit if ETF is approved.
Maybe the movement will be similar to Bitcoin. When bitcoin received approval for the Spot Bitcoin ETF, the price rose for a time but then fell. but after that the price of bitcoin slowly strengthened again, the effect of the accumulation of large companies that provide the Bitcoin Spot ETF itself, such as Blackrock and others. And ETH might also make a similar move. so yeah it is very possible to reach $5000 but we don't know when it will be reached. But it is hoped that this year we can achieve it.

Offline UNIVERSE

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Re: Will Ethereum hit $5000 this year?
« Reply #101 on: June 04, 2024, 10:59:10 PM »
We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.
There will be always varied theories related to the potential movement of Ethereum price. However, to see Ethereum at $5000 still makes sense because it is not so far from the current price. It is $3800 and it looks still growing gradually. If Ethereum price increases significantly because of the news of Ethereum ETF approval, it may reach $5000 in the next few months.

Its make sense when huge expecting with ethereum price prediction will reach above $5k behind have dropped under $3,800 almost one month. Indeed always has many potential with ethereum price in the future but nearly seems need waiting longer time for expecting ethereum reach above $5k. Needed around 30% above for ethereum if want increasing to $5k and I think not in short term but get slowly progress for ethereum break out the higher price.
The price of Ethereum dropped because it followed the drop of Bitcoin price. Now, Bitcoin looks increasing and Ethereum also follows it. When Bitcoin can be above $80k, I think Ethereum can be above $5k at that time. Increase 30% from the current price looks not so difficult thing for Ethereum as long as there is good news related to Ethereum.


Offline MUGNIA

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Re: Will Ethereum hit $5000 this year?
« Reply #102 on: June 05, 2024, 08:03:44 AM »
but we can't be sure of all of that because everyone can speculate what price the highest ATH will be,
but I agree with you that the value of ETH will take longer to reach 5k$, as we know ETH has not yet received approval from the ETF
Sure, people only can speculate, no one knows the exact price of ETH in the future. How big the ATH of Ethereum, is impossible to know. But in theory, it won't be so difficult to achieve because the ATH in the previous period was around $4,878 (in 2021). If ETH can reach a new ATH in the next altcoins season, it should be above $5,000. I think whether the ETF market will be accepted or not, the ATH of Ethereum will be above $5,000.
We may carry out several kinds of theories that we can implement into ethereum price movements in the market, but when it is in the market anything can happen, which means ethereum price movements may not be in accordance with what you have planned.
In the crypto market anything can happen, and sometimes our predictions are wrong.  Some say this is just manipulation by whales.  In my opinion, this is true in the short term, but the 4 year cycle is still influential after the halving, the Bitcoin price will rise.  Because this happens every 4 years.  And learn from what has happened, this incident will always repeat itself.

predictions are indeed difficult to guess and even difficult to be precise in crypto because crypto movements are very fast, in a matter of seconds they can fall and rise,
For market manipulation, there is a possibility, but not completely, and it also happens on new coins, not old coins such as ETH and BTC.

Offline JISAN

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Re: Will Ethereum hit $5000 this year?
« Reply #103 on: June 12, 2024, 08:31:22 PM »
Yes you must predict if the price of ethereum is possible to touch $5000 dollars this year?

We have seen the price of ETH very much dumped from 2022 to 2023. The value of Ethereum has been very low in these two years while all other coins have increased in value, but the value of Ethereum has not increased in comparison. However, starting in late 2023 and into 2024, the price of Ethereum has been growing sufficiently and looks to be much more bullish. We saw yesterday that the price of Ethereum touched $2640, and this is the highest it has been in two years. So I guess since Bitcoin ETFs have been approved, the value of altcoins has started to change as well. I expect the price of ethereum to exceed $5000 this year, since the price of ethereum is still low in comparison.
The price of ETH is now $3.5k which is hovering around $5k.  It is certain that the price of ETH will cross $5k but it is not possible to say exactly how long it will take.  This year the price of Bitcoin surpassed ETH earlier, but now it is not pumping much.  That is why other coins in the market are also in a somewhat stable state.  However, by the end of this year or early next year, we may see another big bull run in the crypto market and the price of ETH may cross $5k.
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Re: Will Ethereum hit $5000 this year?
« Reply #104 on: June 12, 2024, 10:35:30 PM »
The price of ETH is now $3.5k which is hovering around $5k.  It is certain that the price of ETH will cross $5k but it is not possible to say exactly how long it will take.  This year the price of Bitcoin surpassed ETH earlier, but now it is not pumping much.  That is why other coins in the market are also in a somewhat stable state.  However, by the end of this year or early next year, we may see another big bull run in the crypto market and the price of ETH may cross $5k.
One of the factors that caused the price of Ethereum to increase much more drastically this season was the approval of the Ethereum ETF. And that has happened. So it's just a matter of time before we see the price of Ethereum soaring to reach the target price of $5k. So far, it still feels quite difficult, because as usual, Ethereum will always follow the price of Bitcoin. Meanwhile, Bitcoin itself is still quite difficult to break through the previous ATH resistance, so it is stuck at $71,... until finally it has to go down again. So, just be patient. However, I also think that the price of Ethereum can pass $5k this year, while next year, is it possible that Ethereum can really reach an ATH of $7k?

 

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