ETH hits $160, after a +11% gainer in the last 24 hours

seleme

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Quote from: Psynthax on April 29, 2020, 10:42:21 AM

Quote from: bassbity on April 29, 2020, 10:32:18 AM

Quote from: lienfaye on April 29, 2020, 06:52:11 AM

Quote from: okala on April 26, 2020, 11:36:04 AM

Ethereum has became too good these days and I see a lot of gain. Currently it is above $196 and it has been positive for more than two weeks now. I believe that this week that we are entering it might go above $200.

Eth continuously growing this past few days like btc and other alts. I think it might because of the coming halving that is few days away. Its likely that investors are now bullish that there might be a huge changes in the market due to halving. Well we cant accurately predict it because the price can move downward without notice so lets just hope this is the start of much better status of the market.

Bullish like it has appeared Bitcoin and ETH has moved back quickly so we have to see the movement every day because of this fluctuations could be a decrease in a moment but I think it's not possible because this is a good position before halving occurs, maybe this will be a benefit for us to buy before prices soar.

This bullish momentum caused by bitcoin. I think this is still the best time to buy but remember we are already in the bullish momentum and the price keeps soaring even more.
It's too risky to take this for the long term as it may go down after the bitcoin halving will have done.

No, it is too late for joining the HYPE train, you missed the train if you have not bought a ticket before halving market pricing. The ETH is over $200 now but the altcoin dominance will fall below 20% because of the increasing BTC holdings by the BTC enthusiasts.

darewaller

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212 dollars is not really enough, it should be a lot more by now because it is really undervalued. Think about the market for a second, everything recovers and ethereum recovers at their pace as well and nothing more. Ethereum is not like the others, it has utilization thanks to dapps so it is used constantly, it is getting that big increase from the 2.0 and its testnet already started as well and looking good, and on top of that we have bitcoin halving in 12 days as well, also it is the second ranked coin right now.

All of that combined means ethereum should have been a lot higher right now, even if not ATH prices it should have been over 300 easily, maybe close to 400. I have been purchasing more ethereum recently and I am going to probably purchase even more now.

leea-1334

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Strange crypto market stats in past 24 hours,,, yesterday I saw XRP 12% gain, then ETH moved to 10%, and now BTC of all coins did 18% when it made daily high today,,, time for crazy moves or is this the end of the road for this spike?

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Quote from: luckyflop on April 29, 2020, 02:53:47 PM

Currently ETH has broken $ 200, which is a great signal. From the beginning of April until now, the market has strongly recovered, certainly the reason is halving is coming and people are paying attention to this market. And I believe that in the days to come ETH and the whole market will continue to go up, the next target will be $ 250 or $ 300.

at this time the ethereum is better. the price exceeds the price of $ 220 and is likely to rise again. although currently, the increase is quite slow compared to bitcoin, it's just that I feel that this increase is extraordinary. when the price of bitcoin reaches the price of $ 10k, the possibility of ethereum can reach a price of $ 250, or even higher. that's still my speculation, but I expect a higher price than that.

shoreno

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Quote from: leatutz on April 29, 2020, 06:17:31 PM

Quote from: coingecko on April 06, 2020, 11:01:02 AM

- snip -

This can't be a trap, price didn't pump yet. To make a trap bullrun must be need. This is very sustainable development of price, by the checking history of last all year Halving time. Lucky day Ethereum price also make 9 percent bullrun today. Even after this month this surge definitely would be a sustainable up.

you got a point there because when people didnt see a bull run people will not be tempted to hop in but if the coin already reach a bull run why call it a trap ? for me a trap means the value is rising contious but not too much because too much increase of the price is already a bull run anymore . anyway the increase in eth happening lately is superb and i think its been along time ever since i saw eth increase that way . for a coin like eth , i dont think this will lead to trap since eth is a kinda bit stable

leatutz

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Quote from: coingecko on April 06, 2020, 11:01:02 AM

Ethereum is on a roll today with a +11% gainer in the last 24 hours hitting $160.

This is the strongest run ever since the massive correction we saw last few weeks as global pandemic and oil price war pushes down all crypto prices.

Is this sustainable or a trap?

This can't be a trap, price didn't pump yet. To make a trap bullrun must be need. This is very sustainable development of price, by the checking history of last all year Halving time. Lucky day Ethereum price also make 9 percent bullrun today. Even after this month this surge definitely would be a sustainable up.

luckyflop

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Currently ETH has broken $ 200, which is a great signal. From the beginning of April until now, the market has strongly recovered, certainly the reason is halving is coming and people are paying attention to this market. And I believe that in the days to come ETH and the whole market will continue to go up, the next target will be $ 250 or $ 300.

Psynthax

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Quote from: bassbity on April 29, 2020, 10:32:18 AM

Quote from: lienfaye on April 29, 2020, 06:52:11 AM

Quote from: okala on April 26, 2020, 11:36:04 AM

Ethereum has became too good these days and I see a lot of gain. Currently it is above $196 and it has been positive for more than two weeks now. I believe that this week that we are entering it might go above $200.

Eth continuously growing this past few days like btc and other alts. I think it might because of the coming halving that is few days away. Its likely that investors are now bullish that there might be a huge changes in the market due to halving. Well we cant accurately predict it because the price can move downward without notice so lets just hope this is the start of much better status of the market.

Bullish like it has appeared Bitcoin and ETH has moved back quickly so we have to see the movement every day because of this fluctuations could be a decrease in a moment but I think it's not possible because this is a good position before halving occurs, maybe this will be a benefit for us to buy before prices soar.

This bullish momentum caused by bitcoin. I think this is still the best time to buy but remember we are already in the bullish momentum and the price keeps soaring even more.
It's too risky to take this for the long term as it may go down after the bitcoin halving will have done.

bassbity

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Quote from: lienfaye on April 29, 2020, 06:52:11 AM

Quote from: okala on April 26, 2020, 11:36:04 AM

Ethereum has became too good these days and I see a lot of gain. Currently it is above $196 and it has been positive for more than two weeks now. I believe that this week that we are entering it might go above $200.

Eth continuously growing this past few days like btc and other alts. I think it might because of the coming halving that is few days away. Its likely that investors are now bullish that there might be a huge changes in the market due to halving. Well we cant accurately predict it because the price can move downward without notice so lets just hope this is the start of much better status of the market.

Bullish like it has appeared Bitcoin and ETH has moved back quickly so we have to see the movement every day because of this fluctuations could be a decrease in a moment but I think it's not possible because this is a good position before halving occurs, maybe this will be a benefit for us to buy before prices soar.

lienfaye

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Quote from: okala on April 26, 2020, 11:36:04 AM

Ethereum has became too good these days and I see a lot of gain. Currently it is above $196 and it has been positive for more than two weeks now. I believe that this week that we are entering it might go above $200.

Eth continuously growing this past few days like btc and other alts. I think it might because of the coming halving that is few days away. Its likely that investors are now bullish that there might be a huge changes in the market due to halving. Well we cant accurately predict it because the price can move downward without notice so lets just hope this is the start of much better status of the market.

btc_angela

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Quote from: TheGreatPython on April 27, 2020, 11:27:20 AM

The price is around 200 dollars nowadays which shows how awesome it is getting. I know it is getting higher and that is awesome but at the same time we should be discussing why it is increasing as well and how we could replicate that. If you don't know when the price goes up the method it took to increase, you will not be able to do the same thing again and that means you are basically letting it be for the next time.

It has broken that big mental barrier of $200. As far as I can remember, it was around $260 already prior to the corona pandemic scare. So there is a chance that we can reach that price again assuming that the bull run will continue.

Quote from: TheGreatPython on April 27, 2020, 11:27:20 AM

However if you learn what made it go up to 200 dollars nowadays, you will be able to use that again in the future to replicate this increase so you can keep it up and up all the time. I believe this increase was probably caused between the increase of bitcoin, but with the testnet 2.0 as well, that must have helped a bit to ethereum as well.

Agree mate, it was really a combination of bitcoin having its own bullrun and the the testnet 2.0 did go on production. Even XRP did experience some trickle effect. So everything looks clear at this point.

TheGreatPython

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The price is around 200 dollars nowadays which shows how awesome it is getting. I know it is getting higher and that is awesome but at the same time we should be discussing why it is increasing as well and how we could replicate that. If you don't know when the price goes up the method it took to increase, you will not be able to do the same thing again and that means you are basically letting it be for the next time.

However if you learn what made it go up to 200 dollars nowadays, you will be able to use that again in the future to replicate this increase so you can keep it up and up all the time. I believe this increase was probably caused between the increase of bitcoin, but with the testnet 2.0 as well, that must have helped a bit to ethereum as well.

okala

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Ethereum has became too good these days and I see a lot of gain. Currently it is above $196 and it has been positive for more than two weeks now. I believe that this week that we are entering it might go above $200.

Kelvinid

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Quote from: tbterryboy on April 26, 2020, 04:37:40 AM

....
This is the reason of the sudden increase of ethereum, it is a good coincidence or something calculated I don't know but in the end both of them increasing at the same time rarely ever happens, which is why I do not think there is any secret reasoning behind the increase, it is obvious.

Ethereum has its price strike as Bitcoin makes it first. Despite the continuous spread of COVID-19 but then, the crypto market still making its recovery slowly. Mostly are thinking for halving and it might make sense by then since we are near to that.
That 11% (and more) in just 24hrs difference is showing a huge market change, it seems normal to have ups and downs but this time, ETH making its way to prove that still worthy for our money and trust.

Iyeman

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Quote from: AbNewton on April 22, 2020, 08:00:26 AM

Quote from: lahiruu on April 22, 2020, 06:45:54 AM

Quote from: davidroux on April 22, 2020, 06:20:29 AM

If the price of Ethereum drops to $130, this will be a catastrophic price and could cause the entire market to collapse in a short time. I think this only happens when the Bitcoin price cannot recover and the bear market continues its downtrend. Of course I didn't expect this but covid-19 is getting worse so anything can happen.

I really can't see it dropping to $130 (will be devastated if it does haha). Agree though, with oil now at a negative value I think anything is possible in this COVID-19 situation. Crazy times.

Yeah, oil's price went negative is not something everyone could foresee. But i think can't apply it to crypto especially bitcoin having is around the conner. Hopefully, bitcoin having could be some drive for altcoins and ETH in general.

That doesn't make sense if you talking about the correlation between oil price and crypto price. There was no even a small correlation between crypto and oil. When oil faces the negative trend but crypto can even gain the bullish trend. Halving is not a big bet right now. People are not seeing crypto as an alternative solution.

tbterryboy

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Honestly it is not only bitcoin price that it is following, I would have understand if it was only doing these increases because bitcoin was increasing but look at the charts, ethereum went up in bitcoin price as well. This means when bitcoin price of ethereum is staying same and bitcoin price in dollars increases, ethereum increases as well, however when bitcoin price of ethereum increases AND bitcoin price in dollar increases at the same time, that is double the profit.

This is the reason of the sudden increase of ethereum, it is a good coincidence or something calculated I don't know but in the end both of them increasing at the same time rarely ever happens, which is why I do not think there is any secret reasoning behind the increase, it is obvious.

leea-1334

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Quote from: leea-1334 on April 23, 2020, 07:21:28 AM

Quote from: fortunecrypto on April 22, 2020, 11:26:31 AM

This is something that is bound to happen and it's only a matter of time I don't see it as a trap, top coins in the market will never give us any kind of trap, it's just the way things are going, Ethereum is heading up no doubt about it, I expect it to go up further $200 next month and it's expected when the market gets better.

Do you even know what you are talking about? Top coins? Check out what the top coins were in 2016 or 2012. Some of those in the top 10 no longer exist,,, and for some like OneCoin or even Bitconnect,,, they were even outright scams. I remember BCC was #3 at some point and that was one big trap!

Good point, not because you achieved that position means that you are assured that it will be continuously be there, and like how you provide your example Bitconnect really tricked more people before it turned to scam and made many people to cry out loud.
Be very careful with your assessment always trust your own research.

Exactly, and we all know that every coin's market capitalization is somewhat untrue, even Bitcoin has a problem to keep it accurate what more to say altcoins?

Top coins by market cap is useful for a quick look but it is quite pointless to use as a method for identifying potential.

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Quote from: lunnatic on April 23, 2020, 10:40:07 AM

ETH follows the price of Bitcoin !, when the price of Bitcoin goes up, ETH will also go up, this is very good for ETH,
most likely we will not see ETH under $ 150 Roll Eyes

Skeptic treatment is the key to keep the balance for not getting HYPEd but the majority of the ETH traders don't take care of the premise reality. The correlation between ETH and BTC is acceptable but the ETH doesn't follow the BTC in every trend, from my experience.

Maybe it justified if we can see the price of ETH will pump up even if the price of bitcoin will remain stable but as of now since things goes with the flow with BTC since if you look at what's happening on the ETH you can see that this is riding when BTC pump, and you also consider that the exchange is paired with BTC so any movements could really bring up to any alts including ETH.

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ETH follows the price of Bitcoin !, when the price of Bitcoin goes up, ETH will also go up, this is very good for ETH,
most likely we will not see ETH under $ 150 Roll Eyes

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it is now on $190, and ENJ is up 5% in less than an hour, reached $0,12, would this continue until the halving, or even more, corona virus influence is weakening and halving influence is now in the first plan, do anyone think that altcoin bull run is starting, or this is just a glitch
ETH overcome 0,025 BTC, and raising, which is a good news

Topic: ETH hits $160, after a +11% gainer in the last 24 hours (Read 608 times)