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❕NEWS Ethereum falls back below the 2k USD mark

AudraMiller

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Ethereum prices have been surging and the coin has been doing extremely well. There are many that feel that in a short period of time, that we could see this coin rival the Bitcoin cryptocurrency, which is well known and deemed to be the face of crypto. After reaching a new high price exceed 2k USD, Ethereum has once again dropped, however still maintaining a price above 1.8k USD. Based on crypto analysts, however this is just a minor drop and the pattern does show signs of a bullish trend which could indicate that a price hike past 2k USD could be imminent.
 

BusyCat

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It's really surprising how ethereum has rised so much to the price that Bitcoin was there at $3000 almost like 2-3 years ago. Ethereum can surpass $5000 if BTC continues its high time
 

Wisdom01

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The price would soon reach $10k and that's my target i think for the price to get to , lets just watch closely as the price would increase because it might have major fall and it would rise back again
 

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I would have expected ethereum to have surpassed $2000 by now given how long ago it has given the indications of reaching that amount but it seems the resistance is just too strong.
 

Wisdom01

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I would have expected ethereum to have surpassed $2000 by now given how long ago it has given the indications of reaching that amount but it seems the resistance is just too strong.
I think everything is gradually , it would soon get to that range , it might only take a few times before getting to that extent i thinkn
 

achawaskey

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Definitely, we might be experience a bull run around 1.85k or 2k , depending on some factors. If we experience inflow of investors around 1.85 that means it may happen but if less that, it will take some time before we experience that.
 

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I think everything is gradually , it would soon get to that range , it might only take a few times before getting to that extent i thinkn
I hope it does soon enough. The first quarter of the year is almost up and the targets some of us have for eth are yet the materialize.
 

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I think ethereum being slow to reach the 2k mark is a result of a number of investors not opting for the coin because of its high gas fees, but with time it would and even climb higher
 

Wisdom01

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I think ethereum being slow to reach the 2k mark is a result of a number of investors not opting for the coin because of its high gas fees, but with time it would and even climb higher
Well i think that might not be the major reason because bitcoin have a very high gas fee yet people still invest in the coin i think
 

BullyMaguire

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Isn't that normal though? Like after reaching a new price high it's likely to het momentum again for the next one.. also because people will be selling a lot when a new ATH is reached
 

Wisdom01

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I hope it does soon enough. The first quarter of the year is almost up and the targets some of us have for eth are yet the materialize.
One funny thing is that in a day it could just hurriedly move to $5k , lets remember the thing that happened the last time , when the price skyrocket
 

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One funny thing is that in a day it could just hurriedly move to $5k , lets remember the thing that happened the last time , when the price skyrocket
You are right! I would really love to see that again because it is becoming kina frustrating that it keeps fluctuating around the same range.
 

Wisdom01

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You are right! I would really love to see that again because it is becoming kina frustrating that it keeps fluctuating around the same range.
Such thing would soon happen again , only that every coin have its own high and low period , so lets all be patient and watch i think , thats it
 

Josemendez

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The fact is that ethereum fall or resistance is normal with every cryptocurrency ,however people have reduced their dealings with ethereum due to gas fee
 
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