ETH hits $160, after a +11% gainer in the last 24 hours - page 6.

btc78

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Quote from: coingecko on April 06, 2020, 12:01:02 PM

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

It reached +15% now mate and this seems to be interesting week starter.

Quote from: coingecko on April 06, 2020, 12:01:02 PM

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.

yes it is and many are surely waiting to sell off at any minute now to prevent from falling again.

Quote from: coingecko on April 06, 2020, 12:01:02 PM

Is this sustainable or a trap?

possibilities are Both can happen,but i think it is more on sustainable because correction has been ended and now the Run is on the way.

Hippocrypto

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Quote from: coingecko on April 06, 2020, 12:01:02 PM

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?

I don't see it having any possibility of a trap, and as the pandemic has now starting to supress these days I believed this progress is a great way to cope up the previous fall down. However, we should be more vigilant until the perfect recovery will soon correct every minutes price outbreak.

t3m4nc0k

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I just hope that bitcoin will always be able to maintain its price so that ethereum can too, but if bitcoin has decreased in price then this will be a trap and scourge for ethereum holders

coingecko

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Quote from: GreatArkansas on April 06, 2020, 09:29:21 PM

It's also because of Bitcoin. If Bitcoin didn't reach above $7,000, I don't think Ethereun gained almost 10% which is much higher on daily percentage change if we compare it with Bitcoin.
But still, for me, Ethereum is being an Ethereum which I got lucky since some of my Bitcoins were converted to Ethereum last month.

Right, bitcoin is still the leading indicator of the market. The others are more volatile thus swing in larger magnitude

GreatArkansas

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It's also because of Bitcoin. If Bitcoin didn't reach above $7,000, I don't think Ethereun gained almost 10% which is much higher on daily percentage change if we compare it with Bitcoin.
But still, for me, Ethereum is being an Ethereum which I got lucky since some of my Bitcoins were converted to Ethereum last month.

samcrypto

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You have to be more wiser now, observe the market well and know if the market is recovering or it just a short pump, no one can say that this pump is just a trap surely. ETH is the top altcoins, it proves to us that it can also recover after the dump, if bitcoin continues to go up then you can consider this one as a real pump.

tabas

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Just weigh the situation. I'm aware that Bitcoin is also the reason why ETH moved synchronize with its prices. Trap, it can be but it can also be not.
As always, the manner of this market is unpredictable.

TheAndy500

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For the first time, the ETH price broke away from the BTC price. I think this is a good start for alt seazon.
The bear market for altcoins lasted for over two years, I think this is the best moment to show the world that this is not the end of altcoins, but it is the end of classic money!

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Quote from: cabron on April 06, 2020, 12:14:44 PM

I'm hoping this will be the start of the continuous rise of cryptocurrencies though. 11% is too much for a day but as long as the market is gaining popularity to investors, I guess it will go up after another drop.

Creating a thread like this every time there is a spike of price have been done before. Didn't you just inserted a link to your coingecko ETH page?

Expect for these kind of threads from time to time because people do make post towards it when they do saw some significant price changes in the market specially if the said token is part of their holding.

11% a day growth is nothing new and somewhat common here on crypto.Talking about if it would continue or not? this is the question that cant be answered specially on a very unpredictable market.

Not only ETH is on green now. We do even have 300%+ in last 24 hours. https://coinmarketcap.com/gainers-losers/ Cool

cabron

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I'm hoping this will be the start of the continuous rise of cryptocurrencies though. 11% is too much for a day but as long as the market is gaining popularity to investors, I guess it will go up after another drop.

Creating a thread like this every time there is a spike of price have been done before. Didn't you just inserted a link to your coingecko ETH page?

coingecko

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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?

Topic: ETH hits $160, after a +11% gainer in the last 24 hours - page 6. (Read 608 times)