So if you haven't noticed lately, Ethereum has started to gain momentum and is currently sitting around $230. Within the next days to weeks, the markets will start acting strange. Here is what I'm predicting will potentially happen.
*Note this is a prediction, take it with a grain of salt and do your own research. This comes from my gut and nothing else.
Day 1 (Starting Tomorrow) - Day 2
Ethereum will start surging. Altcoins will continue to go down as people continue to dump money into Ethereum
Week 1
Ethereum will be in the pumping process. It will be up ~$100. At this point you will see high volatility in the Altcoins
Week 2
You will notice some volatility within Ethereum. There will be an overall upward trend, but will notice some quick dives (hours) and it will pop back up. Altcoins will be starting to surge as people start dumping their earnings
End of July
The Price will be at least $350 for ETH, probably $500 and will slowly see it go slightly down and start to stabalize. Altcoins will be stabilized around 2-3 times their current value. Some will fall flat.
Again, this is just a prediction. Let me know what you think.
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Lets hope Ether does this! I just added 175 MH on Genesis. . . Great Post!
Good luck with that. I just added 5 ETH on coinbase, it'll be here next week.
Thanks! Should have around 50 ETH by this time next year! Fingers crossed it keeps going up
I hope in 10 years that is worth 50 million dollars. (in today's money that is)
I think in 10 years crypto will be very close to surpassing today's money. . . As far as usage, might be able to buy a home or cars with nothing but cryptos. . . BYE BYE IRS? LOL
Let's hope you are correct but it hasn't moved at all in last 24 hours (just 2%), which doesn't bode well for a sharp increase. With Cryptos, it is so difficult to predict as there is just not enough "good data" to perform any charting analysis.
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I think ETH will be a boom as well... interested in how you came about your price targets?
Just my gut and the rate of growth ETH is going since 1 year ago. Could be absolutely wrong. I think it is fun to make predictions even though they have 0 basis on analysis and facts, that is besides key events I think will trigger the price increases
Thanks for the reply... I think ETH is a great opportunity, the space as a whole, but ETH and BTC will lead the way.
etherium is looking more and more bullish, it was 70.00 a month ago! Bitcoin was at 1300.00 either way it's time to buy if you can!
I think Ether will generally be on an upward trend, however I don't think we'll see a surge tomorrow. Bitcoin will likely pick up pace again over the next 24 - 48 hours which will keep most alt-coins quite volatile as people hedge their funds between coins. In a market which is still in it's infancy, good quality predictions on near future price is nigh on impossible. Long term value is far easier to predict, Ethereum clearly has potential. Will it be the Apple or Microsoft of the Digital Token market, I don't know, but it's definitely one of the best contenders currently out there.
My thinking, which I could be wrong, that because 2 really large exchanges are adding ETH, and with some big news in June, it will jolt the price.... But again, just a guess
I hope your right. Either way, I think having ETH in your portfolio is definitely a smart move :)
I hope you're right (b^_^)b
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Thanks for your thoughts.
Yesterday I was lurking at Huobi at noon their time, curious to see if the expected pent up demand for ETH created a bit of a bull run - it didn't. It was also interesting to see the predictable drop in ETH on Polo as, I'd imagine, punters who bought ETH with similar thinking bailed at the top... As the market settled the price did rise back up near its top and presented a good opportunityfor a bit of profit taking. ETH has since retreated to the pre-China opening levels; however, I share your bullish sentiments.
Interesting times ahead.
I think ether will go to 150 soon and then back again
Good points in this article. Thanks for bringing this to our attention. The cryptospace definitely feels a bit inflated. However we also said that about the S&P 500 40 years ago Does anyone know about: https://www.coincheckup.com The site lets you check all there is to know about the team, product, communication transparency, advisors and investment statistics on every crypto. For example: https://www.coincheckup.com/coins/Ethereum#analysis For the Ethereum Detailed analysis.