May Ethereum price hit 3000+ in August?
May Ethereum price hit 3000+ in August?
Ethereum prices have been dumping recently. Friends, let’s discuss, will the price of ethereum be 3000 plus this month? Or how much could it be?
It’s just 400$ away from 3000$ target price while this price was hit in multiple occasion last month. Now that Bitcoin is showing recovery by dumping below 50K few days ago so I’m sure that Ethereum can regain the 3000$ price quickly once the crypto price back to normal trading level.
We are talking about Ethereum here and not some random crypto which investors that wants to diversify will surely purchased some of this token for their portfolio. I just not sure if it can be achieved this month but all I can say is this target price is manageable with just one rally of Bitcoin.
This is very possible as long as we can have bitcoin cross the band of $65,000 in this month, ethereum can also perform the same and do wonderfully as expected, But if the market remains as it is for now, it may be difficult for us to see it go beyond the range it is currently, though there will always be more opportunity for the market in general to rise as well as it can also fall, we can by this expect more coming anytime from now if the market remains favorable for its rising.
The price of ether is $2620 right now. Just $380 close to $3000. But the way market is right now, it would be difficult for ether to get to $3000. But I guess that you are holding it,m. It is better you do not sell but keep holding it because the bull market is not yet over. Even if ether do not get to $3000 in August, it will still later get to $3000 as bitcoin price will increase, ether is likely to follow.