Yes, it is true that when the price of ethereum, it affects all other coins to some extent. Then one thing should always be kept in mind: Bitcoin is the number 1 coin in the currency market. And as it grows, it has the biggest impact on other tokens. But the price of ethereum came down the lowest but the price of ethium has increased a lot in the current time. Another thing can be said that the price of ethereum will not decrease but will continue to increase. Current price of ethereum 15k.
Yes, money flows from stablecoins to BTC, to ETH, then to medium cap alts, then to microcaps like ATRI, CNDL, and 0xMR. You need to be in each category before the market flips to that category... if that makes sense. If there is a dip in the market, the process reverses temporarily. 
Topic: ETH is leading the market to a monthly high... (Read 292 times)
Yes, it is true that when the price of ethereum, it affects all other coins to some extent. Then one thing should always be kept in mind: Bitcoin is the number 1 coin in the currency market. And as it grows, it has the biggest impact on other tokens. But the price of ethereum came down the lowest but the price of ethium has increased a lot in the current time. Another thing can be said that the price of ethereum will not decrease but will continue to increase. Current price of ethereum 15k.
We should wait and see how the merger affects the market in the future.
Also, it appears that the price of ETH is starting to fall.
Also, it appears that the price of ETH is starting to fall.
Today the price of ETH is having a strong rally and it is possible to experience some increase as well next month. In my opinion, you should buy as much as possible now, because the cryptocurrency market is very volatile. The most important fact is that the implementation of the merger works in the future market. If that happens then a lot of premonitions can come true.
$1000 to $1400+ in 5 days. 
Let's just say it will be expected to be done this year instead of confirming exact dates.
As I checked different sources some say September 19th but there is no finalization about it. I am expecting they will keep on moving the date just to be sure it will be perfect.
Demand is soaring but I am not riding it anymore. I am glad about what I have. FOMO for new investors.
The price of ethereum continues to rise and is now at $1,580, up 30 percent in the last week. Bitcoin has grown by only 11 percent during this time. Therefore, it is not entirely important whether the merger occurs on September 19 or a month or several months later. Most importantly, investors understand that this coin will be updated very profitably in the near future and will grow well in price. Let's just say it will be expected to be done this year instead of confirming exact dates.
As I checked different sources some say September 19th but there is no finalization about it. I am expecting they will keep on moving the date just to be sure it will be perfect.
Demand is soaring but I am not riding it anymore. I am glad about what I have. FOMO for new investors.
I think the king of cryptocurrencies is ethereum, although many say that bitcoin is the best but if all tokens are ERC-based then bitcoin is only 20%, and the market is moving positively until now of course because of the role of ETH and I agree that ETH is the leading market.
ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.
As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)
This is expected. These are one of the many reasons why I converted my Bitcoins to Ethereum recently.As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)
And another thing if you compare Bitcoin and Ethereum's at all-time-highs the percentage dropped from their all-time-highs, Ethereum is higher compared to Bitcoin. So I can consider, that I am expecting more ROI for Ethereum if we will visit an all-time-high again.
ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.
As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)
This is expected. These are one of the many reasons why I converted my Bitcoins to Ethereum recently.As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)
And another thing if you compare Bitcoin and Ethereum's at all-time-highs the percentage dropped from their all-time-highs, Ethereum is higher compared to Bitcoin. So I can consider, that I am expecting more ROI for Ethereum if we will visit an all-time-high again.
ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.
As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)
This is expected. These are one of the many reasons why I converted my Bitcoins to Ethereum recently.As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
(....)
And another thing if you compare Bitcoin and Ethereum's at all-time-highs the percentage dropped from their all-time-highs, Ethereum is higher compared to Bitcoin. So I can consider, that I am expecting more ROI for Ethereum if we will visit an all-time-high again.
Ethereum is sitting on a daily support/resistance at 1542, which dates back to 2021. 5o% from the high of Nov 21 I about 2500, so we have a long way to go. Still, 927 to get there. The current SUpport resistance is holding, I suggest waiting for the market to tell us what is happening rather than panic about another crash. It has been a strong move up, so we can expect a pullback before it moves further (if it does).
I think this is a classic buy the rumor and sell the news, the rumor of September merge has made the ETH price gone up, and since ETH has been independent from Bitcoin, meaning that it has many Fiat pairs in many exchange so it won't be affected nor affect the bitcoin price. And I also think that because of the merge, people now prefer speculating on ETH rather than BTC.
I feel like September news wouldn't really impact it right now. I mean sure it would have a "little" impact, but not a lot, it would be boring news for the time being. ETH has been saying merge for like 2 years nowadays, and that's why it's not really a "news" if you ask me. It's definitely something that we could see right now, but shouldn't be happy about just yet.The whole market went up, it was just a big pump, and that is why ETH went up as well. People were talking about 800 or under possible for this month or not, and we have seen double of that right now, which should tell people that it's actually a bull period, or at least start of a bull period for the time being.
I think this is a classic buy the rumor and sell the news, the rumor of September merge has made the ETH price gone up, and since ETH has been independent from Bitcoin, meaning that it has many Fiat pairs in many exchange so it won't be affected nor affect the bitcoin price. And I also think that because of the merge, people now prefer speculating on ETH rather than BTC.
...Also, it appears that the price of ETH is starting to fall.
This is a common thing when a coin is sent for correction after a rapid growth. For those who did not have time to buy Ethereum at the lowest price, there will still be an opportunity to purchase it for $1300 as part of today's correction. Let's hope that the date of Ethereum transition to POS will not be postponed once again, otherwise we may see lower prices.
I think the reason why ETH has the price increased and increased its dominance is because of its utility on it and it might with the help of those NTFs that make ETH a very useful coin. There are more ETH tokens that required a transaction fee using ETH and when those tokens move they will create an impact on the price of ETH which might be the reason for now increasing dominance in the market.
It's also the reason of sudden increase of ETH because of what happen to Terra (LUNA), as I heard, LUNA collapsed which is one of the ETH competitors.
It's also the reason of sudden increase of ETH because of what happen to Terra (LUNA), as I heard, LUNA collapsed which is one of the ETH competitors.
LUNA crash a long time ago and Ethereum fall at the same time too so it’s not a valid reason to think that Ethereum pump because Luna collapse. I think the merger hype is what drives the price up. Ethereum will have a better way of consensus which might improved the overall feature of Eth network including speed since it will use sharding method on PoS.
This news announced few days ago which can be correlated to the recent price trend. I doubt that this will continue in the long run since global economy is not doing well.
I think the reason why ETH has the price increased and increased its dominance is because of its utility on it and it might with the help of those NTFs that make ETH a very useful coin. There are more ETH tokens that required a transaction fee using ETH and when those tokens move they will create an impact on the price of ETH which might be the reason for now increasing dominance in the market.
It's also the reason of sudden increase of ETH because of what happen to Terra (LUNA), as I heard, LUNA collapsed which is one of the ETH competitors.
It's also the reason of sudden increase of ETH because of what happen to Terra (LUNA), as I heard, LUNA collapsed which is one of the ETH competitors.
Also, it appears that the price of ETH is starting to fall.
Too quick to have that assessment on ETH.When it pumps, we're quick to say that we're on a bull run or a bull trap and then when it corrects, we're all considering it that it's falling. Well, that's the normal cause of it to be down a while after it's pumping.
Now, look at ETH.
It's about to breach $1500 and it's just a few bucks away.
Ethereum have moved above $1500. This will interest the cryptocurrency users to move from bitcoin towards altcoins. When there is growth with ethereum the same can be experienced over large number of altcoins. This could drag the bitcoin price sideways. This isn't a bullish move, according to me it looks like a relief rally which will give opportunity to buy a lower price in the falling weeks. Similar scenario took place during the year 2017-2018 as well as during the year 2020 same time period.
ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.
Well, I don't worry about that as I know that Bitcoin will just be about to rise soon after this dip. I've got some patience and willingness to wait for that moment as for sure this can't be forever. Quote
As the ETH merge was confirmed by developers for September of this year, the price of ETH increased by nearly 13% (to around 1360$). BTC increased by more than 3%. As a result, Bitcoin's dominance has plummeted to its lowest level in more than two months. We should wait and see how the merger affects the market in the future.
Well, everyone is just hoping for the best in the market whether it was for Ethereum or Bitcoin as people are investing in them. However, I don't expect a huge increase for as long as the bear dominates the market, that seems impossible to see big rallies in prices unless we are into Bullrun. In fact, expecting 3% increase is very small and even can't feel it as after that drop may follow. 
Also, it appears that the price of ETH is starting to fall.
Too quick to have that assessment on ETH.When it pumps, we're quick to say that we're on a bull run or a bull trap and then when it corrects, we're all considering it that it's falling. Well, that's the normal cause of it to be down a while after it's pumping.
Now, look at ETH.
It's about to breach $1500 and it's just a few bucks away.
Bear markets are quite normal, so i do not think anyone is really growling about losses, except those who sold because they panicked or investors that invested in shitcoins that crashed, something like Luna, but if not that, investors that are conversant with the crypto market will understand this plunge and hodl their coins till the bull market comes. The market isn't gonna die, neither will there be any exodus from the crypto network, smart investors will be patient, and will most importantly choose coins that are sustainable for the long period.
This is an unfortunate example, Luna could not be called a shitcoin in the broad sense of the word, because it was a rather large coin with its own blockchain and fund, invested in by large and well-known investors. Back in March 2022 no one could have predicted this outcome, but bad tokenomics caused the collapse of this coin. Although, if they hadn't launched their UST algorithmic stablecoin, maybe nothing would have happened.
ETH is leading the market to a monthly high, while BTC dominance has dropped to its lowest level in two months.
According to developers, the merge date is September 19th. I incorrectly stated that it is scheduled for late August, for which I humbly apologise.
Also, it appears that the price of ETH is starting to fall.
According to developers, the merge date is September 19th. I incorrectly stated that it is scheduled for late August, for which I humbly apologise.
Also, it appears that the price of ETH is starting to fall.
I myself am really looking forward to the launch of Ethereum and its price. This seems like a great milestone not only for ETH but the entire cryptocurrency community. it is possible in the future, ETH will not only be used as a trading currency, but will also gain more popularity as a platform for decentralized applications.
The launching of Ethereum v2 is long overdue. The promise of launching Ethereum didn't start this year. I wouldn't be surprised if they find a way or the other to prolong it(September 19th). We should remove our focus from that day
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