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Topic: Do you think that market is oversold and bounceback soon? - page 6. (Read 29367 times)

full member
Activity: 445
Merit: 100
It seems to me that this will not end so quickly, and the market movement will change at the most unpredictable moment, with favorable events there will probably be a new growth next spring, but the chances are not great.
jr. member
Activity: 126
Merit: 1
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?
The market is of course oversold and very much since January this year , I think the turn now will not follow , but as a rebound to 5400 so it is possible now
member
Activity: 532
Merit: 10
Recently, Bitcoin and many top-end coins showed good growth, which I think may be a sign of a beginning trend change in the whole market, if it is really so by the end of this year we will have to see very significant growth.
member
Activity: 390
Merit: 11
Market dynamics will continue to occur, at this time prices tend to fall for one year starting from the beginning of 2018 until now, but recovery prices will certainly come either in the near future or a few more months. we just need to wait more patiently, because the dominant crypto holders are patient and they wait for us to panic and sell next they will buy more. when they are full they will make market manipulation so that the trend goes up and guess what happens they will sell coins at high prices where they have obtained them at a cheap price from us. be patient and don't follow their game so we will get better profits
jr. member
Activity: 168
Merit: 1
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?
Well, I think after such a fall, now there is a rebound from such a fall , but of course if you look at the market globally it will still fall (
member
Activity: 62
Merit: 10
First of all, I don't think this logic is correct. Not all oversold will lead to a rebound. This is related to market trends. If the cryptocurrency market bull market, then this is the truth. But if the cryptocurrency is a bear market, this may make you lose a lot.
Not everything that's oversold will rebound - that's correct.
But in a highly manipulated market like crypto this is exactly what will make whales the most profit.
So I'm sure that we'll see a new bull market.
Problem is, it might not happen soon, but rather when we crash down to $1000.
member
Activity: 322
Merit: 10
https://www.udap.io/ - Tokenize Everything
Bitcoin falling over 80% from its 2017 highs and most major altcoins dropping 90% or more, my personal opinion is agree with your point and I think most of the cryptoccurency are currently oversold from a fundamental standpoint. I think cryptocurrency market will bounce back to another higher price, just wait for it's coming later.

I've never thought about it from this perspective, though I consider it interesting and logical. The market has been falling for a year, but endless downfall or rise don't exist. I think it's the best time to finish one phase and start the other one.
full member
Activity: 756
Merit: 100
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?

We have seen yet a significant landslide of cryptocurrency market. But I am sure that this tendency will be overcome. No need to be worried too much. I suppose that every year there are times that bring us many doubts.
copper member
Activity: 280
Merit: 1
CINEMADROM ⥋ BLOCKCHAIN FILM PLATFORM
I think that the 11 month fall is too much for the crypto industry and we need another wave of the market growth to attract more investors to the community. Otherwise, we will enter another 5-6 years downfall before the next rise.
member
Activity: 658
Merit: 13
yes I see the market is oversold, but I don't feel the market is starting to recover. oversold is not one of the right references to determine which market will recover.
full member
Activity: 770
Merit: 100
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?
I agree with what you explain, now the market is really oversold, nowadays there are more people to sell than to buy. and for price recovery it is still filled with question marks, no one can see the direction, and for me this will take a long time.
full member
Activity: 280
Merit: 101
Proof-of-Stake Blockchain Network
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?

It seems to me that the market is now heavily manipulated and the price will go up again only after they want it. But the reversal has to be anyway, I believe in it.
member
Activity: 280
Merit: 10
Fast, Smart, Trustworthy
The price of the cryptocurrency began to rebound, which made me very happy. Your prediction seems to have been achieved, and I think this recovery can still be maintained for some time.
full member
Activity: 671
Merit: 103
Moni
Yes, it is mine decision. Market might bounce back soon, it showed positive trend yeasterday and I believe this week is bullish.
Some people don't believe in it,but I am totally sure!
full member
Activity: 854
Merit: 103
Most of the Altcoins have lost their major part of the value due to selling and the trend is continue perhaps it  is since long for over 10to 11 months . I personally feel that it is a very long period and the market is oversold now and there are chances of recovery in the days to come . Do you agree?

Today is not good situation in the market, a lot of coins have lost their positions and I agree with you that market is oversold now. I hope that prices will grow in near future but not in one day. I think we need to wait a few months.
jr. member
Activity: 350
Merit: 1
Market recovery will definitely happen, for us it remains a mystery exactly when this will happen!
full member
Activity: 910
Merit: 103
Bitcoin falling over 80% from its 2017 highs and most major altcoins dropping 90% or more, my personal opinion is agree with your point and I think most of the cryptoccurency are currently oversold from a fundamental standpoint. I think cryptocurrency market will bounce back to another higher price, just wait for it's coming later.
full member
Activity: 532
Merit: 114
Measures are always put in place either way, whether a phenomenal rise or fall, and i think its time for the market to bounce back soon.
full member
Activity: 700
Merit: 110
Helios Protocol https://discord.gg/cpzAEMB
I would agree that the market is currently oversold, but as yet I am not convinced that the bounceback is going to happen immediately. Everything about this dip has been drawn out and I think the same will be true for the start of the recovery, I think most likely late on into Quarter 1 of 2019.
legendary
Activity: 1442
Merit: 1025
First of all, I don't think this logic is correct. Not all oversold will lead to a rebound. This is related to market trends. If the cryptocurrency market bull market, then this is the truth. But if the cryptocurrency is a bear market, this may make you lose a lot.
If you have observed in the past, how a market usually react after a heavy dump then probably you will agree that a bounce back will happen in near future. That is the right, a price rise is always related to market trend but when prices are lower, more people will come into buying that is the only reason we are all expecting for a bounce back right now. All of the cryptocurrency markets are into oversold zone so bouncing back may happen at any time, be preferred.

sales in the market are very much hitting prices, but perhaps this is how you can see the development of certain coins without much analysis.
It may help to find out the right dev teams among many reputed coins too. But, this alone will not be a criteria for your future of a coin as it is always dangerous if you go for investing a one coin without proper analysis. Because only due to the reason of lower price availability, investing in a crypto coin may lead to big losses.
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