Vera Thornpike

Ethereum Price Performance 2019-2020: 10 Realistic and Fantastic ETH Price Suggestions from Experts

Ethereum price analysis 2019-2020: What do experts think about ETH’s future? The most unbelievable predictions
Ethereum Price Performance 2019-2020: 10 Realistic and Fantastic ETH Price Suggestions from Experts
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The world's second cryptocurrency, Ethereum has been through ups and downs so often that it's hard to make any certain statements about its price in both short and long terms. However, crypto experts never lack imagination – they come up with all kinds of realistic and utopian predictions that don't seem viable until they are actualized.

Wonder what famous crypto and IT experts think about Ethereum’s future? Here are ten forecasts to consider.

1. Bobby Ullery

Bobby Ullery, the CTO of Waysay, is sure that Ethereum and Bitcoin will share a $4.5 trillion market cap by the end of 2020. Isn't it too much? Today, no company in the world can boast even a $1 trillion market cap, and the cost of the entire gold supply in the world is about $7 trillion.

Ullery says that Ethereum’s price is quite hard to calculate due to the unknown ETH supply in the future and the impact of Proof of Stake.

However, if we operate by numbers, we get the following sum (considering there’s 100 mln ETH in circulation): 
$1,137,500,000,000 divided by 100,000,000 = $11,375 per coin, ~+4,000% from today.

2. Roger Ver

The founder of Bitcoin.com, Roger Ver believes that Ethereum has enough potential to outperform BTC during the next two years. That means Ethereum might overcome the $1,000 threshold and retain its position depending on the number of circulating tokens. Bitcoin Cash might do the same by the start of 2020. What's the reason for that? Technological superiority continues driving Ethereum hype through the roof.

By the way, Olaf Carlson-Wee, the CEO of Polychain Capital, said the same thing in 2018: he was sure that ETH would pass BTC by market cap during the last year.

3. Nigel Green

Nigel Green, CEO of deVere Group and a famous crypto expert, predicted that Ethereum could reach $2,500 by the end of 2018 and reach even higher highs in 2019 and 2020. His forecast didn't actualize last year, but the arguments he offers are still convincing. He believes that Ethereum growth will be triggered by three things:

  1. The decentralized nature of Ethereum is highly valued by developers and is widely used in cloud computing.

  2. Increased use of smart contracts.

  3. Ethereum is one of the major crypto coins used in trading: its enormous daily turnover is about to exceed Bitcoin's.

4. Marouane Garcon

Managing Director of Amulet Marouane Garcon stays realistic. According to his prediction, Ethereum can easily reach $1,000. This prediction is more than viable considering the upcoming release of Casper. The only thing that could decelerate Ether is possible complications in Casper’s implementation.

5. Alexis Ohanian

The Co-Founder of Reddit admits that although the Ether blockchain isn't devoid of drawbacks, it's still a great technology with enormous potential. Thus, it can climb to $1,500 by the end of this year.

6. Steven Nerayoff

Steven Nerayoff, the CEO & Founder of Alchemist, predicts that Ethereum should double or triple in price by the end of 2019. There are billions of dollars invested in the sphere, so this year, 10 times more projects can be implemented.

Any other forecasts?

  1. Matias Dorta (founder of ICO Informer): $2,000+ by 2020.

  2. Brandon Quittem (crypto analyst): $5,000 or 10x the current ETH price.

  3. Brian Schuster (Head of Founder Solutions at Ark Capital LLC): $100,000 per one ETH during the upcoming years.

  4. Joseph Raczynski (founder of JoeTechnologist.com): $1000 in 2019.

Crypto experts are convinced that Ethereum’s potential is underestimated – it will be introduced on thousands of platforms, which will attract trillions of dollars to the industry. Slowly but steadily, this utopia is coming true.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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Vera Thornpike

Bitcoin Short-Term Price Analysis: $4,000 BTC Price Is to Be Hit Again. What to Expect from BTC This Week?

🤑📈Bitcoin short-term price prediction from TradingView users. Is BTC to overcome $4,000 this week? When to buy Bitcoin? Patterns and factors contributing to BTC growth.
Bitcoin Short-Term Price Analysis: $4,000 BTC Price Is to Be Hit Again. What to Expect from BTC This Week?
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Bitcoin has managed to make it to $4,000 but didn’t hold long. What will be its next steps? Will BTC reach new heights, or is its short-term success to be eclipsed by another bearish trend? tradingview users share their outlook on Bitcoin’s nearest future.

BTC is going through ABC correction

Bitcoin is through ABC correction

Bitcoin price chart from botje11

According to user botje11, Bitcoin seems to be going through ABC correction. So far, it has been moving towards the $4,200 neckline again. Volume is moderate, but not bad. It looks to be developing normally within what looks like a right shoulder. Since December 2018, it has been attempting to form an inverse H&S pattern.

Here’s what botje11 writes:

“In a short term, we want to see something like the chart on the left. Making a bigger bull flag here. So touching 4000/4020 again and then retest the support one more time around 3950/40. If we see this happen without any strange moves, chances will be very high to see an attack of the 4200. As you know from my previous analysis, that if we see a touch of 4200ish, even when seeing a rejection there at first, i am quite sure it will break eventually. In this scenario, 4000 should be the low after touching the 4200ish.”

If we manage to move up above 4000/4050, the volume should increase. To witness positive changes, the rally should be bigger than before. The real volume jump can be postponed until a break of the $4,200 level. But then it has to be enormous. Seems like traders aren’t willing to wait anymore.

Short-Sale Structure pattern is here

We are likely to see Bitcoin falling to a support line

Bitcoin price chart from CryptoManiac101

According to CryptoManiac101, up to date, we are witnessing a clear follow through with our Short-Sale Structure pattern. It means there’s a 90% chance of a flash dump or drop towards supports. However, crypto is a very volatile matter, and we might see an upward movement into the next week. At the moment, there’s no clear BTC/USD trade set up.

There’s the third successive buy signal

Prepare to buy BTC at $4,100

Bitcoin price chart from TradingShot

Bitcoin gives another buy signal for traders. Look at the pattern: 4H Channel Up within a 1D Ascending Triangle. The signal seems to be bullish in the Higher Low zone. Prepare to buy BTC at $4,100 higher high and sell on $4,190 when Ascending Triangle Resistance forms.

BTC is to fall to $3,300

BTC might fall to $3,300 and lower soon

Bitcoin price chart from MrRenev

Some users don’t share the optimism around Bitcoin’s future. For example, the user nicknamed MrRenev believes that BTC is to fall to around $3,300 in 7-10 days.

Here’s what he writes:

“After a dead cat bounce and the usual victims that regulators try so hard to protect - no matter how much that hurts the legit traders like me - and that lose no matter how many rules aka wheelchair training wheels are set in place to help them out, will ONCE AGAIN call the bottom, buy the dip etc - which should last let's say 3-5 days, the price will then fall more than 1/3 in a matter of days. We will then bottom at 1500-2000 we might get there fast or after a bounce a little higher and momentum slowdown follower the 33% loss in 2-3 days.”

Why should it be so? MrRenev bases his prediction on the fact that the Chinese government doesn’t like Bitcoin and might do everything to suppress it. BTC will be under risk after rejecting resistance twice and run into the next resistance which is $4,200-4,300. The user is sure that the chances of a bull run is minimal.

After breaking resistance, Bitcoin is through the uptrend. Judging by predictions from TradingView, it's more likely to rise than return to the $3,500 level or lower. Keep tabs on the new resistance level. $4,050 will be a new BTC price threshold and an entry point for traders.

BTC/USD price chart on TradingView

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

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