Topic: ETH hits $160, after a +11% gainer in the last 24 hours - page 4. (Read 608 times)
From the day you posted it till now market move up a bit than $160 in the last 3 days then dump a little in this day. It looks to me that would be going stable here between $150 and $160. But as what majority said, such movement was influenced by Bitcoin itself, well I agree as there are no significant news related to ETH alone on why did it move like that. So may be for now, as long as BTC pump rest assured that ETH or let's say several altcoins would do the same.
I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start
All coins that now depend on Bitcoin and altcoins can no longer increase as they used to, so it is difficult to predict. In fact, I predicted this situation because ETH dropped very quickly last week and had a strong rebound in the last few days. Of course, this coin will soon return to the downtrend and that's why you should wait more instead of investing now. 
at this time there has not been such a good development regarding ethereum other than because it is supported by bitcoin.
Agree with that, no hype for the eth 2.0 yet and maybe the team is not sure if they will release it this year. currently, the price is approaching the range of $ 150 because it is caused by a decrease in the price of bitcoin which again touched the price of $ 6k. however, with this, I think recovery still gets some problems.
Which market you are looking? Currently, I am seeing that ETH is already price over $150, and that is when it dump a bit. 
Must see price correction soon because it was unhelthy fast growth without any reasons. Beta ETH 2.0 is not a reason because it's too far from mannet.
I guess if that caused by the bitcoin as bitcoin was also getting a few percents to increase at that time. That means if the pump that happened for ethereum was caused by the bitcoin. I see no reason to the ethereum to get a pump caused by there was no a good news that related to the ethereum that can bring FOMO to the buyers. 
Must see price correction soon because it was unhelthy fast growth without any reasons. Beta ETH 2.0 is not a reason because it's too far from mannet.
I guess if that caused by the bitcoin as bitcoin was also getting a few percents to increase at that time. That means if the pump that happened for ethereum was caused by the bitcoin. I see no reason to the ethereum to get a pump caused by there was no a good news that related to the ethereum that can bring FOMO to the buyers. 
Ethereum is on a roll today with a +11% gainer in the last 24 hours hitting $160.
This is the strongest run ever since the massive correction we saw last few weeks as global pandemic and oil price war pushes down all crypto prices.
Is this sustainable or a trap?
It was able to sustain as it is currently sitting at 162$ as of this moment but we are not yet 100% sure that the increase will continue to push forward as the market is very vulnerable. Though looking in the graph, it is currently pointing upward so let's assume that this increase will continue until the halving of bitcoin will occur. 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?
Trap is always a possibility in the market also so we should also consider any possibilities as we don't have a control over the market unlike the big investors in which they can easily move the market as they like.
Nearly 10% growth all over the market in the past 24 hours which is really great at pandemic situation like this and will help more people to realize why they should move towards decentralized assets to survive at any market conditions.
I thought we already established the fact that digital assets are not safe haven investments? While I'm impressed with Ethereum's growth this past week (went from $130 to $171), we shouldn't forget in a hurry that the price took a nose-dive in February. With the pandemic crisis still yet to be resolved, it's best to apply caution. There's no telling what direction the market is heading to next.
The bigger moves are in the tail end of a move is my theory because we see the end result of prior momentum and it reaches a crescendo. But I would judge this remaining bullish still so long as price remains over 0.022 or so because that is the momentum from the prior week and in this case the month before due to the losses its fair to pull back then rise from that point still.
If I check 50 day moving average it matches that as a cap to present prices, its a light pullback then as an indicator has an effect in perception but not longer term imo. Target upside is about 0.026 vs BTC
If I check 50 day moving average it matches that as a cap to present prices, its a light pullback then as an indicator has an effect in perception but not longer term imo. Target upside is about 0.026 vs BTC
I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start
We don't know if that is a bull trap or not because of ethereum and bitcoin growing, and we see that ethereum and bitcoin already down in this month and it happens many times. But I am sure that the recovery is still on the process and we are waiting for that time, so you need to make sure you are ready for the bull run. Ethereum will pass above $200 and bitcoin will do the same thing, and bitcoin will make another ATH soon. We should prepare for the next week because we don't know what will happen with bitcoin and ethereum.
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 is now pricing $170 and still holding to that,if this is sustainable or a Trap?no one know but it seems that the price comes from the Green of Bitcoin so maybe lets wait for Bitcoin price to declare if this will Last and continues of fall just in another day.But i am contented in this value because every week the price is growing so maybe little amount will do per week than dumping again. 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?
Must see price correction soon because it was unhelthy fast growth without any reasons. Beta ETH 2.0 is not a reason because it's too far from mannet.
Nearly 10% growth all over the market in the past 24 hours which is really great at pandemic situation like this and will help more people to realize why they should move towards decentralized assets to survive at any market conditions.
I thought we already established the fact that digital assets are not safe haven investments? While I'm impressed with Ethereum's growth this past week (went from $130 to $171), we shouldn't forget in a hurry that the price took a nose-dive in February. With the pandemic crisis still yet to be resolved, it's best to apply caution. There's no telling what direction the market is heading to next.
I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start
We don't know if that is a bull trap or not because of ethereum and bitcoin growing, and we see that ethereum and bitcoin already down in this month and it happens many times. But I am sure that the recovery is still on the process and we are waiting for that time, so you need to make sure you are ready for the bull run. Ethereum will pass above $200 and bitcoin will do the same thing, and bitcoin will make another ATH soon. We should prepare for the next week because we don't know what will happen with bitcoin and ethereum.
Not quite unusual for me knowing the capability of Ethereum to change like that and still a lot of people are giving their all put support. Ethereum is always in the tail of Bitcoin and no wonder why it moves high as Bitcoin did it first. If we bought ETH last month, we are probably gaining but I don't think that many people did this because we are now at the crisis which is our first priority than investing. The momentum will continue if Bitcoin won't fall back as the halving comes closer. $200 is not impossible...
People will support Ethereum for a very long time, even when we take into account all the fights and disagreements. I mean, look at the past 3 years to implement new 2.0, all those programmed bombs, threats to fork out, threats to leave, but ETH is still standing after all this while. Even convinced people like me who initially didn't like it!
ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.
As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way
As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way
I can't be happy with that price as that is still very low compared to its ATH.
ETH IIRC never reach $400 when it was dump below its ATH, so if ever ETH will at least reach $500, then I guess we should hype this again.
I don't want to expect more, but ETH pumping is impossible without bitcoin.
with this current situation from most economy of the world, the hype still not happening it's needs to have lots of money to invest inside in order
to bring another big run.
Currently it's still rising even in the small way, still a good sign.
ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.
As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way
As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way
I can't be happy with that price as that is still very low compared to its ATH.
ETH IIRC never reach $400 when it was dump below its ATH, so if ever ETH will at least reach $500, then I guess we should hype this again.
I don't want to expect more, but ETH pumping is impossible without bitcoin.
ETH is once again proving it's capability and slowly gaining the publicity. It's ready to rally again towards $180 and itseems It will go ahead, this momentum will extend significantly further.
As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way
As the indicator shows that ETH is a undervalued as the current price is above 170$ I am pretty confident the bulls are back and ready to perform again. Hopefully happy days are on the way
I don't think this is a bull trap, the price of ETH and Bitcoin are growing slowly. And that is the recovery of this market, hopefully from now until the halving of bitcoin begins we can see ETH go up above $ 200 and bitcoin can reach $ 8000-9000 again. That would definitely be a great start
Dont ger your hopes too high. Market is really unstable and in situation like this. We cant be sure if we are tracking a good movement. Some say this is just a manipulation but in the span of weeks trading, it goes slowly from 6000 to 7000 without any hard pulled back like the one day down of it from 10,000 to 3,800 levels. I am feeling positive but I am not expecting it to rush to its course. Its better than sudden traction then suddenly will go down fast too. Quote
Is this sustainable or a trap?
The alt coins always have the standing advantage of possibly out performing Bitcoin. So its real to that extent but also ETH is good for a swing trade and many will buy and be forced to sell at some point so a pull back is also natural occurrence. The easiest way to spot where a price can settle is prior sideways action on the graph, the reason being the longer a price stays in the area of a price the greater the volume and participants are involved in that price making it far harder to pass especially on lower volume. If the trend for ETH overall is good then the selling though it will certainly occur at some point, it will be less volume then the prior buy orders in accumulation.
We're all part of a larger system of monetary expansion and contraction that runs in line all the way to mainstream events and policy, at present we're in recovery from that surprise event and deflation adjustment to prices.
and Now sits at 168$ https://coinmarketcap.com/currencies/ethereum/ seems like this is the start?of something great again.
for week now we are sitting at 135-140$ thats why its great to see this prices.
Bitcoin at $7,200 is not that low before halving.
if you haven't invested yet then better make it now or be late for the run,the Virus is slowly being managed to prevent from spreading so its only a week or month and this will be ended .
for week now we are sitting at 135-140$ thats why its great to see this prices.
Bitcoin at $7,200 is not that low before halving.
if you haven't invested yet then better make it now or be late for the run,the Virus is slowly being managed to prevent from spreading so its only a week or month and this will be ended .
Jump to: