Topic: ETH also breakout the resistance zone and now trading near $2330 - page 3. (Read 587 times)
And... it goes away. In current market shape anything bullish will be hard to happen. There will be green days of Ethereum for sure but it won't be like 2 weeks straight green. There won't be anything like %20 increase at once. Every increase is miniscule.
in the next few weeks we will see whether eth is able to overcome resistance or not. but I personally hope eth can, because this will give more impetus to the market. if eth can, the market will become even more excited and may break the current sideways trend.
Given the fact that all altcoins are moving behind bitcoin, the direction of movement of Ethereum will depend on the movement of BTC. And as long as the price of BTC is still in the range of 30-40 thousand dollars, you should not expect that the price of ETH will start to grow rapidly.
in the next few weeks we will see whether eth is able to overcome resistance or not. but I personally hope eth can, because this will give more impetus to the market. if eth can, the market will become even more excited and may break the current sideways trend.
That would be interesting to watch actually. Market still on sideways and I am looking forward too to see if eth can really go for 10k this year. This could be next to impossible but if btc can go 100k then eth can also build that kind of momentum. If this happened Im sure alts will fly too and expect major coins to follow on that trend. 
I have seen the market in the last few hours have seen the growth of many projects and BTC again.
With ETH, it is not too difficult for it to increase with the upcoming information surrounding the project. Although quite happy with these current changes, I think the market will still need more time to create more pressure on holders.
With ETH, it is not too difficult for it to increase with the upcoming information surrounding the project. Although quite happy with these current changes, I think the market will still need more time to create more pressure on holders.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
This is a great moment in whole cryptocurrency market! In my opinion, Ethereum will be able to chase Bitcoin immediately after switching to PoS, i.e. break the iron rule that all alts are chasing BTC. I think that the next trend for the new ATH will not be the BTC rate, but the ETH rate. Fingers crossed guys! HODL ETH!
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.
With the current market conditions it is very difficult to predict where Ethereum will move and I agree that trading Ethereum is very risky.
It's safer for now holding Ethereum, waiting for the market to recover. Ethereum is undoubtedly the best altcoin, but in the future Ethereum
will overtake Bitcoin I doubt it. Because Bitcoin has a performance and popularity that is very difficult for any altcoins to match, even now
Bitcoin has always dominated the market.
I think, there's no need for ETH to surpass BTC. But carve their own path.
With the upcoming hard fork this August, high likely that it will influence the price of ETH in the market.
ETH has one of the solid teams out there that are continuously innovating their network.
So the possibility of further increasing its current value is pretty high.
It has sustain its price level above 2k despite of the correction happened to btc.
It seem graph charting and technical tools might not be accurate at this time as Cryptocurrency market is unpredictable. Bear market has certainly set in and in my experience, market cap will only dip from here affecting all coin prices on Cryptocurrency market.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.
With the current market conditions it is very difficult to predict where Ethereum will move and I agree that trading Ethereum is very risky.
It's safer for now holding Ethereum, waiting for the market to recover. Ethereum is undoubtedly the best altcoin, but in the future Ethereum
will overtake Bitcoin I doubt it. Because Bitcoin has a performance and popularity that is very difficult for any altcoins to match, even now
Bitcoin has always dominated the market.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Indeed, this can be, however, you need to understand exactly that the market is now in a position where it is difficult to predict something. You should have noticed how the price of ETH and other top cryptocurrencies behaves a little strangely. There is a high probability that this is a game of large players and their task is to reduce the price of ETH and buy more coins from people with weak hands. I also noticed that there is positive information on ETH and it follows from it that ETH may in the future overtake BTC and become exactly the cryptocurrency that will be used in the world. Of course, such news is encouraging, but we also know that news is not an indicator for action. Personally, I have now decided to just hold my ETH and give up trading. I'll just watch the situation in the crypto market.
This has been a long time coming after a long bearish spell and tbh am now looking forward to seeing Ethereum breaking the $3000 barrier....of course it won't happen immediately but this is were we headed from the look of things!
All roads are pointing upwards but I don't see it being limited with this range as we should be above this afaik.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
I also hope that the uptrend for ETH will arrive soon, but it looks like ETH will still be sideway between the price of 2,020 USD to 2,400 USD, the increase in ETH price has not been accompanied by an increase in ETH trading volume, If the price is rising and trading volume is rising, maybe this could be a sign uptrend startsThis is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
in the next few weeks we will see whether eth is able to overcome resistance or not. but I personally hope eth can, because this will give more impetus to the market. if eth can, the market will become even more excited and may break the current sideways trend.
What possibly could happen if the market creates a fud again that might make a change in the price again. Thinking that it did stopped to $1700, what do you think would happen if it below $2k this time?
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Sad that it is already down, I was expecting it to go up a little bit more before it started to fall but it is already under 2.2k once again. I think in order to see over 3k again we will need to wait a bit more. I hope that this upcoming eip 1559 will make things a lot easier for people, and should see ethereum going up in the price as well. I know it is not easy to skyrocket in a day but after that the gas fee will be much much cheaper and people will start to use it again.I am feeling like even I will start using it when it becomes cheaper and that means that I will have a chance to sell all the dust coins I have, I used to have around 200 dollars worth of them but since it was nearly 40 bucks for moving just one of them and usually they didn't worth that much I had to keep them. With lower now I sold some of them and with even lower I will sell the rest. Which means I will be more invested into ethereum itself.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
in the next few weeks we will see whether eth is able to overcome resistance or not. but I personally hope eth can, because this will give more impetus to the market. if eth can, the market will become even more excited and may break the current sideways trend.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
I also hope that the uptrend for ETH will arrive soon, but it looks like ETH will still be sideway between the price of 2,020 USD to 2,400 USD, the increase in ETH price has not been accompanied by an increase in ETH trading volume, If the price is rising and trading volume is rising, maybe this could be a sign uptrend starts 
ETH has been destabilized from its past movement due to weekly market situation. We are hoping that condition will improve later today as market we move to weekly upward trend. There is another good news coming on August 4th that would take eth price to above $3k in my view. August 4th news was supposed to happen in July, if that had happened we would've already touched 27k by now. ETH provides great opportunities for investors to benefit from the situation by increasing their holdings before big news.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Okay, that may a good news. I haven’t been checking my wallet to know the prices of cryptocurrencies that I have bought since price went down. Just checked it after I came across this thread, and I even noticed that BTC also went up to an extent, more than what I saw a week before now. That’s really good.As of recent I stopped bothering myself about the price of Bitcoin and every other assets there is in the market, I have already made some profit and after investing again, I felt it’s best that I focus on other things and nit bother much about what my portfolio says. Though most times when I come to the forum I feel pushed to check.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Ethereum today is trading at a price range of $2,134.58 to $2,322.56 and there is a decline in price of almost 7.8% compared to the price that occurred yesterday and as a result the movement of the downward trend in the price of ethereum has reduced the market capitalization of Ethereum to fall quite dramatically in the current market and I don't think an up trend will occur in the near future, but in my opinion, if ethereum succeeds in breaking out line price, of course, it is very likely that the price of ethereum will be able to strengthen further so that it can move towards resistance at US$2,800 later, I totally agree with your opinion, because I also think that ethereum is consolidating after the massive sell-off last May. This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
ethereum right now seems stilll no strong support mate and it's showing a consecutive false break out in the chart, and in my view it can't even reach the new resistance which is around $2600 for how how many attempts. So IMO this results still not enough reason to buy back again, wherein we need to wait fore more results or wait until it passed to the resistance and it shows a potential to exceed more to assure everything will gonna be alright afterwards. Maybe we may see a small changes in it as it showing green on the trading volumes (24hrs) but this still not enough reason in my personal opinion.. hero member
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If we see a retest again and make the price down, I am ready to buy some ethereum after I sold it before. Hopefully, this month can bring a good profit and we will see bitcoin can come back and increase higher to impact ethereum to follow behind bitcoin. I am sure ethereum can increase slowly.
But reaching the next highest price will still difficult because the price does not break $3000. But yes, ethereum still has many times to increase, so we can try to have more ethereum by now.
But reaching the next highest price will still difficult because the price does not break $3000. But yes, ethereum still has many times to increase, so we can try to have more ethereum by now.
This is good sign for ETH. ETH breaks the resistance area after multiple attempts. The next resistance area for ETH is now $2440 and $2600 area. We may see a retest of $2270-$2290 before going higher.
Too early to say a bull trend but it’s good that the market recovers already and now slowly going back to the top. So happy to buy ETH on its lowest price, there’s always a hope with the top project especially with ETH. We might see $2,500.00 this month it’s good if you can still buy because if we can break the resistance, the trend is confirmed.Exactly, and just like bitcoin price movement, it didn't have enough momentum for a break out run.
I would say that we are still in the bearish cycle, but not that deep that we can't get up and resume the bull run. It's that it's too early to call that we are in full blast bull run just because a certain resistance has been broken. It should maintain at the price level for at least a week. But we didn't see that, after breaking, the price goes down again. So the sideway patterns might continue though.
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