Ethereum Price Predictions? Predict the new ATH!

Bureau

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Quote from: tvplus006 on April 17, 2024, 06:01:05 PM

Quote from: Argoo on April 17, 2024, 06:47:52 AM

Hong Kong's Securities and Futures Commission (SFC) approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum on April 15, approving applications from three major players: China Asset Management, Bosera Capital and HashKey Capital Limited. Details of the listing of these ETFs will be finalized with Hong Kong's HKEX and the products are expected to be launched by the end of this month. While the US Securities and Exchange Commission (SEC) has not approved similar funds for Ethereum, Hong Kong has taken a step forward by approving both products simultaneously. Therefore, the chances of spot exchange-traded funds being approved on Ethereum have increased significantly.
If this happens in the US, then according to forecasts, the price of Ethereum could well rise to $12,000.

But even on such positive news, the price of ETH continues to decline following Bitcoin. This once again confirms the fact that a coin with such a large capitalization as ETH cannot move against the market.

Ethereum did go below $3000 earlier today which doesn't show that the news had any positive impact on it. As Bitcoin keeps on bleeding so does the entire crypto market and Ethereum is no exception. I think after halving event Bitcoin might go into the green zone, if the tensions in the Middle East do not escalate.

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Quote from: Argoo on April 17, 2024, 06:47:52 AM

Hong Kong's Securities and Futures Commission (SFC) approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum on April 15, approving applications from three major players: China Asset Management, Bosera Capital and HashKey Capital Limited. Details of the listing of these ETFs will be finalized with Hong Kong's HKEX and the products are expected to be launched by the end of this month. While the US Securities and Exchange Commission (SEC) has not approved similar funds for Ethereum, Hong Kong has taken a step forward by approving both products simultaneously. Therefore, the chances of spot exchange-traded funds being approved on Ethereum have increased significantly.
If this happens in the US, then according to forecasts, the price of Ethereum could well rise to $12,000.

But even on such positive news, the price of ETH continues to decline following Bitcoin. This once again confirms the fact that a coin with such a large capitalization as ETH cannot move against the market.

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Quote from: Bureau on April 11, 2024, 09:32:06 PM

Quote from: tvplus006 on April 09, 2024, 06:13:20 PM

Given the fact that ETH is a deflationary coin, which means that its amount in circulation is constantly decreasing, it is logical to expect a further increase in price. Therefore, I think that no one will be very surprised if the price of ETH reaches 10 thousand dollars.

That is a possibility and it can happen but when will it? I have zero doubts about your speculation and I thought this bull runs ETH will be able to break its ATH. It is still being controlled by Bitcoin like all other altcoins and its dominance in the market has gone down. The chance of an ETF approval by the SEC by May this year is only 50 percent. If the approval happens then we might see ETH reaching a price point of 10k by the end of this year.

Hong Kong's Securities and Futures Commission (SFC) approved spot exchange-traded funds (ETFs) for Bitcoin and Ethereum on April 15, approving applications from three major players: China Asset Management, Bosera Capital and HashKey Capital Limited. Details of the listing of these ETFs will be finalized with Hong Kong's HKEX and the products are expected to be launched by the end of this month. While the US Securities and Exchange Commission (SEC) has not approved similar funds for Ethereum, Hong Kong has taken a step forward by approving both products simultaneously. Therefore, the chances of spot exchange-traded funds being approved on Ethereum have increased significantly.
If this happens in the US, then according to forecasts, the price of Ethereum could well rise to $12,000.

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ethereum is an alternative altcoin to replace BTC, where up to now only ethereum and btc can stay in the top 2 CMC, whether the market is bearish or bull run, therefore I am very optimistic that ethereum will create a new ath, but we cannot predict when. but what is certain is that ethereum will always develop and will provide big surprises in the future, my advice is that if you have the funds, don't hesitate to buy and invest with ethereum from now on, because ethereum has huge prospects just like bitcoin.

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Quote from: Bureau on March 05, 2024, 10:07:10 AM

The way the Ethereum price has been for the last couple of months shows how big this crypto is and how far it can reach. With the current market condition, what do you think will be the new price of ATH for Ethereum? Do consider these three points when anyone is predicting ETH:

Bitcoin dominance and ETH dominance
Ethereum new upgrade and speculation behind it
ETH getting accepted in spot ETF

As for me, ETH will break its ATH in March and become unstoppable after the Bitcoin halving and if it gets approved by the SEC. What do you think?

Of course, the price of Ethereum coins also increased with the highest Bitcoin price in March. Enough to make 2024 the best record ever, as this year saw the highest growth for Ethereum ETFs approved, and the halving year created the most opportunities for the cryptocurrency. And the impact will happen as soon as the bull run begins in 2025, and we just have to wait for the present.

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Quote from: tvplus006 on April 09, 2024, 06:13:20 PM

Given the fact that ETH is a deflationary coin, which means that its amount in circulation is constantly decreasing, it is logical to expect a further increase in price. Therefore, I think that no one will be very surprised if the price of ETH reaches 10 thousand dollars.

That is a possibility and it can happen but when will it? I have zero doubts about your speculation and I thought this bull runs ETH will be able to break its ATH. It is still being controlled by Bitcoin like all other altcoins and its dominance in the market has gone down. The chance of an ETF approval by the SEC by May this year is only 50 percent. If the approval happens then we might see ETH reaching a price point of 10k by the end of this year.

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Given the fact that ETH is a deflationary coin, which means that its amount in circulation is constantly decreasing, it is logical to expect a further increase in price. Therefore, I think that no one will be very surprised if the price of ETH reaches 10 thousand dollars.

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Quote from: God bless u on March 31, 2024, 06:58:39 AM

Yeah ETF is very important for ETH to get approved. As far as wiping out of demand is considered nowadays people are looking at BTC and then they invest into the altcoins alternatively. ETH will detach itself from the point of view of people that they were BTC and then invest into ETH once the ETF gets approved until then it will be attached to BTC.

it has been called that this will be happening this April?

do you really believe that Ethereum ETF approval will take place any time soon now?

if Bitcoin ETF brings this crazy market so what more to happen in Ethereum and altcoins .

Quote

I think they are trying to achieve that mark and people are considering ETH the best alternative to invest rather than BTC due to its high price. ETH is very popular and successful among the small and daily traders who trace daily and after getting a certain amount of profits they leave the market.

There are lots of altcoins that may come in best after bitcoin but for me this is not competition but about
the trust we have in each coin that we are investing so in the end ? better to diversify .

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Quote from: johnsaributua on April 05, 2024, 07:43:59 PM

Etherum still continues to show its existence even there is no reason for me not to buy when holding funds, especially when it is correcting for stocks Wink

. These 3 points are good if scalpingan, for holders like saay as long as you get a cheap price and the name to claim in the chase time sir. Yes it is true that this year ethreum is very beyond my expectations, piling up and shooting up from the December chart last year. Next month I think it will be more +-30% of today's price per ethreum. still this year towards the $4000-5000 range it is very potential, there is still a chance. But so far ethreum is an altcoin that has a very good rally. the ethreum industry is very much a favourite shot until now, no wonder ethreum is a multifunctional coin that many people hold.

Bitcoin shows a bullish pattern, and Ethereum will definitely follow what Bitcoin does. BTC is back again above 71k, which is very good, and Ethereum has a chance to surpass its ATH once it can stay above 4k. I'm still waiting for Ethereum's ETF approval.
That news will obviously make ethereum to get another bullish momentum. The only best things to do this time is.

1. Acquire ethereum as many as you can
2. Stake them for $APR and token

The approval for ethereum ETF will make ethereum becomes massive.

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Etherum still continues to show its existence even there is no reason for me not to buy when holding funds, especially when it is correcting for stocks Wink

. These 3 points are good if scalpingan, for holders like saay as long as you get a cheap price and the name to claim in the chase time sir. Yes it is true that this year ethreum is very beyond my expectations, piling up and shooting up from the December chart last year. Next month I think it will be more +-30% of today's price per ethreum. still this year towards the $4000-5000 range it is very potential, there is still a chance. But so far ethreum is an altcoin that has a very good rally. the ethreum industry is very much a favourite shot until now, no wonder ethreum is a multifunctional coin that many people hold.

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Quote from: Bureau on April 05, 2024, 03:53:09 AM

Quote from: deathcode on April 01, 2024, 10:04:18 AM

Quote from: bitterguy28 on April 01, 2024, 08:44:00 AM

so basically we are not breaking its ATH this march and I believe not even in the whole 2024 but in the next year instead.

and being unstoppable ? well wait for Bitcoin to act as that then we will see Ethereum to be following .

yes, Bitcoin will probably start moving after the halving and maybe the effects can be very visible in the next year. This is just my speculation, looking at the several halvings that have occurred, the impact did not occur immediately at that time. so the market will need a process to make positive movements.
if that happens of course there will be support from Bitcoin for ETH, and maybe even more altcoins will get a positive impact.

It could be a possibility but the way Bitcoin has performed post ETF, I feel it will continue to move in the same manner through out this year. I agree that Ethereum won't reach its previous ATH this year and mostly it will happen next year.

People say the same thing about bitcoin despite the ETF approval that bitcoin won't reach its ATH this year but look at it now. Bitcoin made an all-time high even before the halving, which has never happened before. This cycle is unique, and I think ETH can also make an all-time high this year after the approval of the ETH ETF. A large number of ETH are already locked in various LSD protocols, so the circulating supply is quite low. I think there will be a supply shock in the ETH price when Blackrock starts accumulating ETH.

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Quote from: deathcode on April 01, 2024, 10:04:18 AM

Quote from: bitterguy28 on April 01, 2024, 08:44:00 AM

so basically we are not breaking its ATH this march and I believe not even in the whole 2024 but in the next year instead.

and being unstoppable ? well wait for Bitcoin to act as that then we will see Ethereum to be following .

yes, Bitcoin will probably start moving after the halving and maybe the effects can be very visible in the next year. This is just my speculation, looking at the several halvings that have occurred, the impact did not occur immediately at that time. so the market will need a process to make positive movements.
if that happens of course there will be support from Bitcoin for ETH, and maybe even more altcoins will get a positive impact.

It could be a possibility but the way Bitcoin has performed post ETF, I feel it will continue to move in the same manner through out this year. I agree that Ethereum won't reach its previous ATH this year and mostly it will happen next year.

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Quote from: bitterguy28 on April 01, 2024, 08:44:00 AM

so basically we are not breaking its ATH this march and I believe not even in the whole 2024 but in the next year instead.

and being unstoppable ? well wait for Bitcoin to act as that then we will see Ethereum to be following .

yes, Bitcoin will probably start moving after the halving and maybe the effects can be very visible in the next year. This is just my speculation, looking at the several halvings that have occurred, the impact did not occur immediately at that time. so the market will need a process to make positive movements.
if that happens of course there will be support from Bitcoin for ETH, and maybe even more altcoins will get a positive impact.

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Quote from: Bureau on March 05, 2024, 10:07:10 AM

The way the Ethereum price has been for the last couple of months shows how big this crypto is and how far it can reach. With the current market condition, what do you think will be the new price of ATH for Ethereum? Do consider these three points when anyone is predicting ETH:

Bitcoin dominance and ETH dominance
Ethereum new upgrade and speculation behind it
ETH getting accepted in spot ETF

As for me, ETH will break its ATH in March and become unstoppable after the Bitcoin halving and if it gets approved by the SEC. What do you think?

Ethereum still stays lower from its ATH as we are now heading to end March

https://coinmarketcap.com/currencies/ethereum/

so basically we are not breaking its ATH this march and I believe not even in the whole 2024 but in the next year instead.

and being unstoppable ? well wait for Bitcoin to act as that then we will see Ethereum to be following .

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Quote from: poodle63 on March 25, 2024, 01:37:32 AM

the fact that there are billions worth of dollars locked up in ethereum ecosystem due to the many L2 already speaks a lot that it is a good investment for anyone looking for long term investment.
even more promising right now being used by so many l2 bridging their ethereum and lock it up in smart contract so the ethereum actually decrease in supply and its only circulating in the L2, doesnt mean the supply decrease though that way since many of exchanges are accepting ethereum coming from L2 but the dapps and l2 that locks people's money for certain period of time does cause the scarcity of the coin in the market circulation.
speaking about l2, these blockchain are so dependant on etheruem that it causes l2 user indirectly utilizes ethereum through the submitting of transaction to the ethereum blockchain which gonna become among the top gas guzzlers so the ethereum demand could also increase due to this.

But, those are dollars from L2 projects and not from ETH, although ETH is still much better and bigger than them. It's already enough to convince us that ETH is a good project to invest for the long term. Locking a coin doesn't decrease its supply but it can only prevent them from circulating which I think still a good thing and can contribute to the growth of their value.

Not all L2 projects are under Ethereum but those who are under it, will make ETH benefit with it. It's only funny that the demand in ETH can cause the main network of ETH congested while L2 networks will not be affected because of their technology which solves the said issue.

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Yeah ETF is very important for ETH to get approved. As far as wiping out of demand is considered nowadays people are looking at BTC and then they invest into the altcoins alternatively. ETH will detach itself from the point of view of people that they were BTC and then invest into ETH once the ETF gets approved until then it will be attached to BTC.

I think they are trying to achieve that mark and people are considering ETH the best alternative to invest rather than BTC due to its high price. ETH is very popular and successful among the small and daily traders who trace daily and after getting a certain amount of profits they leave the market.

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Quote from: peter0425 on March 30, 2024, 06:54:41 AM

Quote from: Bureau on March 26, 2024, 01:37:20 AM

Quote from: GreatArkansas on March 25, 2024, 09:49:22 PM

Ethereum is still down -26% from its all-time high even though Bitcoin already recovered and already created a new all-time high.

Right now, this is the only reason why I am still not selling some of my Ethereum or taking profits because I do believe, we will reach an all-time high. So, the reward is still higher right now.

What I don't like in the current market is that whenever Bitcoin takes a dip ETH takes a dip. When Bitcoin recover it doesn't recovers back to where it was before the dip. The demand for ETH is not that great due to the high transaction fee. If Ethereum has to go up the transaction fee needs to come down. In the meantime the layer 2 solutions within its ecosystem are doing great.

that seems to be normal i guess , because when Bitcoin dumps many investors tries to take their funds out and when it recovers investors brings back their money inside but in altcoins? their investors are taking time to decide their faith once more.
I think we have seen this many times before but the main thing here is that their deciding sooner to re enter and gives support for another time once more.

It is normal how Bitcoin controls the altcoin price but what I do not understand is how Bitcoin is now controlling the price of giant altcoins like Ethereum. The way Ethereum is reacting to current market conditions shows that the demand has gone down significantly. There was a time, back then in 2021 ETH was an alternate option if someone did not have funds to buy a Bitcoin. Whereas now due to the Bitcoin ETF, it is not an option anymore. Sad but it is the truth and it will remain that unless Ethereum gets its own ETF approved.

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Quote from: God bless u on March 27, 2024, 04:35:05 AM

That's the most precise and honest opinion you can give to someone. ETH is I think not discuss able because it's a coin that will guarantee you profits so we have to discuss some coins like doge, Shiba etc which have a high volatility and people need to hear opinions about it.

I have marked a hilarious statement from your opinion above. How can you say that ethereum will guarantee you profit? Don't you even consider that those who were buying at ATH are still in big losses? I think that anything can still be talked even when ethereum was reaching a new ath.
As long as it will always be related to the ethereum and it will be fully relevant from the title of this threat. Will you talk doge when thread is about discussing ethereum? it sounds nonsense to talk about doge coin in this thread.

Quote from: God bless u on March 27, 2024, 04:35:05 AM

ETH will never give you a loss until you don't have enough patience to hold it on. If you can hold up your investment for a long period of time you can definitely invest in ETH and enjoy good profits. Time duration can differ but you'll never be disappointed

No, it's not how crypto is going on. I'm not even really sure about you can hold Ethereum very long time while it will always drop so hard. Investing in crypto is not always related to the profit even ethereum can also make you lose your money too.
It must be good if you stop to generalize that investing in something will guarantee you profit. Crypto is about how smart you are in managing your money. This is a fact.

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Quote from: Bureau on March 26, 2024, 01:37:20 AM

Quote from: GreatArkansas on March 25, 2024, 09:49:22 PM

Ethereum is still down -26% from its all-time high even though Bitcoin already recovered and already created a new all-time high.

Right now, this is the only reason why I am still not selling some of my Ethereum or taking profits because I do believe, we will reach an all-time high. So, the reward is still higher right now.

What I don't like in the current market is that whenever Bitcoin takes a dip ETH takes a dip. When Bitcoin recover it doesn't recovers back to where it was before the dip. The demand for ETH is not that great due to the high transaction fee. If Ethereum has to go up the transaction fee needs to come down. In the meantime the layer 2 solutions within its ecosystem are doing great.

that seems to be normal i guess , because when Bitcoin dumps many investors tries to take their funds out and when it recovers investors brings back their money inside but in altcoins? their investors are taking time to decide their faith once more.
I think we have seen this many times before but the main thing here is that their deciding sooner to re enter and gives support for another time once more.

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Quote from: nelson4lov on March 28, 2024, 06:45:52 PM

Quote from: GreatArkansas on March 25, 2024, 09:49:22 PM

Ethereum is still down -26% from its all-time high even though Bitcoin already recovered and already created a new all-time high.

Right now, this is the only reason why I am still not selling some of my Ethereum or taking profits because I do believe, we will reach an all-time high. So, the reward is still higher right now.

I believe this number should be higher now seeing that ethereum dumped from the local top. So it should be around 50% give or take away from the ATH. I'm very confident that Ethereum would reach it's all time high. Since we're in the spirit of speculating ETH price, Blackrock has confirmed that Ethereum ETF is very much possible even if ETH itself is considered a security by the SEC. So that means you'll get your wishes. Let's not forget that Bitcoin created a new all time high because of the hype that came from ETFs and those inflows. If Ethereum gets similar effect, my best guess is a $10K ETH.

No, it is not it is still hovering around the difference of -26%. You can do the math, this is how the calculation is done. ATH= 4878 approximately subtract it from the current price you will then get a price change. To calculate the drop percentage follow this formula - (Price Change / ATH) x 100%. You will get the approximate percentage. Blackrock has confirmed that Ethereum ETF is possible that does not mean that it will happen in one go. Like Bitcoin, the Ethereum ETF will take time to happen and then there should be demand for Ethereum ETF if it is not there then it won't work in favor of Ethereum.

Topic: Ethereum Price Predictions? Predict the new ATH! (Read 753 times)