Don't predict the highs and lows! Ethereum loyal supporter reveals outrageous prediction for 2017: Impossible to surpass $100.

EthHub co-founder Anthony Sassano has always been a staunch supporter of Ethereum. He shared his experience of predicting the price trend of Ether with friends in 2017, urging investors not to try to time the market as it could prove to be futile.

Ethereum to Hit $100 in 2017

Anthony Sassano tweeted stating:

I remember back in early 2017, my friends and I were discussing where Ethereum would be by the end of the year. It was at $20 at the time, and our moonshot prediction was $100. This is similar to us saying in 2018 that it would never drop below $600. The moral of the story is: "Don't try to time the market."

The crypto community also commented:

"In 2018, I thought ETH would never drop below $300."

"Such a real story, the $100 prediction in early 2017 seemed like a crazy fantasy."

Ethereum Performance

In January 2017, Ethereum was still hovering around $10. Sassano's prediction was likely made in early March 2017. ETH first surpassed his $100 prediction in mid-May that year, reaching $875 on 12/19 and hitting a record high of $1,419 on 1/13/2018.

The bear market drops were much more severe than what this Ethereum supporter had assumed, falling to $80 in mid-December 2018 and $90 on 3/12/2020.

In fact, Sassano himself proved once again at the beginning of last year that predicting market tops and bottoms is futile. Ethereum endured a bear market for 1,102 days, breaking the previous high curse at $1,440 on 1/19.

Sassano then called for the next target price to reach $10,000, but Ethereum only reached $4,867 on 11/10 last year, falling far short of the prediction.