{"id":177187,"date":"2021-08-16T17:30:15","date_gmt":"2021-08-16T12:00:15","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=177187"},"modified":"2021-08-16T09:42:32","modified_gmt":"2021-08-16T04:12:32","slug":"ethereum-to-reach-5000-by-when-analyzing-the-odds","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/","title":{"rendered":"Ethereum to reach $5000 by when? Analyzing the odds"},"content":{"rendered":"

Ethereum<\/a> is considered to be the leader of altcoins<\/a>. Being the second biggest cryptocurrency, it has created a strong network with proof of work. But with the proof of stake update, Ethereum could give a much tougher competition to Bitcoin<\/a>.<\/span><\/p>\n

Ethereum goes where?<\/strong><\/h3>\n

After the <\/span>76.81%<\/span><\/a> rally, it would look like up is the way. However, this rally has been primarily driven by spot trading, which is now slowing down as prices begin to fall. Thus investors need to prepare for the next price levels which will not be up. Looking at ETH Options Open Interest by Strike, one can observe that there is a significant dominance of Puts in the lower ranges.<\/span><\/p>\n

Puts contracts are quite high for the $2k – $2.5k, whereas Calls are dominating the $5k range. There are higher contracts for $4k, $5k, and $6k, compared to the lower ranges, but these ranges are more probable based on the expiry of these contracts.<\/span><\/p>\n

\"\"<\/a>
Ethereum OI by strike <\/em> | Source: Skew – AMBCrypto<\/a><\/figcaption><\/figure>\n

For most of these contracts, the expiry is set around September or December. For Ethereum to reach $5k by then can be a possibility but that will not happen by the end of August. When the expiry for August is considered, it becomes apparent that even though these expiries are a little more bullish, there is an equal chance of a bearish move as well.\u00a0<\/span><\/p>\n

But the probable price target is not considered on the basis of the expiry targets alone. These targets are drawn from the probability index.<\/span><\/p>\n

\"\"<\/a>
Ethereum OI contracts expiry <\/em> | Source: Skew – AMBCrypto<\/a><\/figcaption><\/figure>\n

The probability index?<\/strong><\/h3>\n

The index analyses the market and price movement of Ethereum to bring forward an estimated probability of the next possible ranges. Sadly for Ethereum\u2019s bullish investors. At the moment the index shows only a 1.26% probability to reach $5k. And it makes sense too since the 3-week long 76% rally only raised ETH by $2k.<\/span><\/p>\n

On the other hand, there appears to be a 88-96% chance for ETH dropping to $2k-$2.5k. Even though the probability is high, these ranges are way too low. For the altcoin to reach there, it will have to fall by 36%, which is highly unlikely.\u00a0<\/span><\/p>\n

Thus averaging out based on price action, the possibility of upcoming corrections, and on-chain data, $2800-$3000 is where ETH could end up by the end of the month.<\/span><\/p>\n

\"\"<\/a>
Ethereum probability index indicates a price fall to $2k<\/em> | Source: Skew – AMBCrypto<\/a><\/figcaption><\/figure>\n

Verifying this are the Futures and Options volumes, which have been high as well as the Options OI<\/a> and Futures OI, which are at a 1-month high and a 3-month high respectively.<\/span><\/p>\n

\"\"<\/a>
Ethereum Futures Open Interest at a 3-month high<\/em> | Source: Skew – AMBCrypto<\/a><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

Ethereum is considered to be the leader of altcoins. Being the second biggest cryptocurrency, it has created a strong network with proof of work. But with the proof of stake update, Ethereum could give a much tougher competition to Bitcoin. Ethereum goes where? After the 76.81% rally, it would look like up is the way.Continue reading “Ethereum to reach $5000 by when? Analyzing the odds”<\/span><\/a><\/p>\n","protected":false},"author":43,"featured_media":177192,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,32,66,3,4,20],"tags":[],"class_list":["post-177187","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-ethereum-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"\nEthereum to reach $5000 by when? Analyzing the odds - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Ethereum has been going up for a while now and after a 76% hike, the question comes up if ETH will go to $5k or $2k, and the answer is...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum to reach $5000 by when? Analyzing the odds - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Ethereum is considered to be the leader of altcoins. Being the second biggest cryptocurrency, it has created a strong network with proof of work. But with\" \/>\n<meta property=\"og:url\" content=\"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-16T12:00:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1350\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Aaryamann Shrivastava\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/Aaryamann_KS\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aaryamann Shrivastava\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/\"},\"author\":{\"name\":\"Aaryamann Shrivastava\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/55a26b56869d7ed719be4a96c4b44887\"},\"headline\":\"Ethereum to reach $5000 by when? Analyzing the odds\",\"datePublished\":\"2021-08-16T12:00:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/\"},\"wordCount\":484,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg\",\"articleSection\":[\"Altcoin\",\"Analysis\",\"Ethereum\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/#respond\"]}],\"copyrightYear\":\"2021\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/\",\"url\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/\",\"name\":\"Ethereum to reach $5000 by when? Analyzing the odds - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/#primaryimage\"},\"image\":{\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg\",\"datePublished\":\"2021-08-16T12:00:15+00:00\",\"description\":\"Ethereum has been going up for a while now and after a 76% hike, the question comes up if ETH will go to $5k or $2k, and the answer is...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"http:\\\/\\\/ambcrypto.com\\\/ethereum-to-reach-5000-by-when-analyzing-the-odds\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg\",\"width\":1350,\"height\":900},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/55a26b56869d7ed719be4a96c4b44887\",\"name\":\"Aaryamann Shrivastava\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Aaryamann-Shrivastava-1-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Aaryamann-Shrivastava-1-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2021\\\/06\\\/Aaryamann-Shrivastava-1-150x150.jpg\",\"caption\":\"Aaryamann Shrivastava\"},\"description\":\"Aaryamann is a freelance crypto journalist working with AMBCrypto. He is currently investing his time in the crypto-space. He has a keen interest in DeFi, the ever-expanding possibilities of blockchain technology, as well as the political impact they would have.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/aaryamann-shrivastava659\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/Aaryamann_KS\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/aaryamann-shrivastava\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ethereum to reach $5000 by when? Analyzing the odds - AMBCrypto","description":"Ethereum has been going up for a while now and after a 76% hike, the question comes up if ETH will go to $5k or $2k, and the answer is...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum to reach $5000 by when? Analyzing the odds - AMBCrypto","og_description":"Ethereum is considered to be the leader of altcoins. Being the second biggest cryptocurrency, it has created a strong network with proof of work. But with","og_url":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2021-08-16T12:00:15+00:00","og_image":[{"width":1350,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg","type":"image\/jpeg"}],"author":"Aaryamann Shrivastava","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/Aaryamann_KS","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Aaryamann Shrivastava","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/#article","isPartOf":{"@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/"},"author":{"name":"Aaryamann Shrivastava","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/55a26b56869d7ed719be4a96c4b44887"},"headline":"Ethereum to reach $5000 by when? Analyzing the odds","datePublished":"2021-08-16T12:00:15+00:00","mainEntityOfPage":{"@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/"},"wordCount":484,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg","articleSection":["Altcoin","Analysis","Ethereum","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/#respond"]}],"copyrightYear":"2021","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/","url":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/","name":"Ethereum to reach $5000 by when? Analyzing the odds - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/#primaryimage"},"image":{"@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg","datePublished":"2021-08-16T12:00:15+00:00","description":"Ethereum has been going up for a while now and after a 76% hike, the question comes up if ETH will go to $5k or $2k, and the answer is...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"http:\/\/ambcrypto.com\/ethereum-to-reach-5000-by-when-analyzing-the-odds\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/08\/ETHEREUM-ALL-TIME-HIGH-scaled-1-e1629035406223.jpeg","width":1350,"height":900},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/55a26b56869d7ed719be4a96c4b44887","name":"Aaryamann Shrivastava","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Aaryamann-Shrivastava-1-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Aaryamann-Shrivastava-1-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/06\/Aaryamann-Shrivastava-1-150x150.jpg","caption":"Aaryamann Shrivastava"},"description":"Aaryamann is a freelance crypto journalist working with AMBCrypto. He is currently investing his time in the crypto-space. He has a keen interest in DeFi, the ever-expanding possibilities of blockchain technology, as well as the political impact they would have.","sameAs":["https:\/\/www.linkedin.com\/in\/aaryamann-shrivastava659\/","https:\/\/x.com\/https:\/\/twitter.com\/Aaryamann_KS"],"url":"https:\/\/ambcrypto.com\/author\/aaryamann-shrivastava\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/177187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=177187"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/177187\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/177192"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=177187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=177187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=177187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}