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Topic: ETH is leading the market to a monthly high... - page 2. (Read 265 times)

legendary
Activity: 2058
Merit: 1270
Play Poker on Telegram
Though the increase was not high enough to cover the cost of the loss over the last months, this is one the good indications that the market is not dying rather investors are really there just waiting for the right time to invest when the price is low and they're just making sure to make some profit in their investment, especially in this kind of scenario where bull runs aren't really possible to come.
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.
hero member
Activity: 2912
Merit: 642
As Ethereum 2.0 draws near this will become an unstoppable pump. Some investors would not care if there is a bad market now, riding the big boat comes first as it may get them to higher profits once the big day comes.
I am optimistic about it as I am one of the supporters of Ethereum but never have I thought it would increase this high when they release the news about the finishing process.
Kind of curious what will happen to other currencies that was being supported more during the time Ethereum was hybernating with fees so high and transactions slower. Can they survive once it is back and dominate the altcoin market?
member
Activity: 335
Merit: 34
Low Fidelity High Potential
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.


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.
legendary
Activity: 2002
Merit: 1016
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.

Lido DAO was the big winner today, with a nearly 50% increase. MATIC and ETC prices both increased by 12% and 27%, respectively.

Today, many of us received much-needed hopium injections. May there be more days like this!!

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.


The leak of information on the date of the Ethereum fork is a very nice stimulus for the market. However, I would be very cautious about saying that the market trend has changed. The entire cryptocurrency market is still very volatile and if it turns out that the data of Ethereum merge is postponed again, it could start another panic sell.
full member
Activity: 840
Merit: 101
Why bad luck, you miss it because you don't trust the market, you fear things will go bad?
There is good news concerning ethereum, the cryptocurrency has hit some FOMO levels and I am glad that the price of ETH has risen to $1400 today. But we are not out of bear season yet and things are still uncertain even though all coins are green today. Don't get too excited when you see green, always be suspicious and careful with the market, there are always pitfalls lurking around us.
That's right, we can't celebrate the market improvement yet because the future market impact is still unpredictable, even though a significant recovery phase has occurred the middle of this month but the bear market has not disappeared, always monitor the pattern of market movements and if you are a long term investor then don't there is nothing to worry about investing in ETH coins
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
Yah i also think that same ETH price is growing too fast i missed to grab it early in 1000$ thats a bad luck i think now it will move the next level and it will hard to take it in 1000$ again!
You can still grab it right now. Ethereum is still undervalued caused by if you are seeing the history of crypto and then the ATH of ethereum was around almost 5k USD. Anyone is still having the golden chance to accumulate more and more ethereum these days, It will become very expensive coin someday later. Ethereum is having a big gain for weekly movement and bitcoin is also slowly climbing again. Im sure that a small recovery will be coming very soon. You must have prepared yourself for another big event that will come very soon.
I have been accumulating more ethereum since it was trading below 1k. The bearish trend will always become the best chance.
hero member
Activity: 1820
Merit: 526
Leading Crypto Sports Betting & Casino Platform
Yah i also think that same ETH price is growing too fast i missed to grab it early in 1000$ thats a bad luck i think now it will move the next level and it will hard to take it in 1000$ again!
Why bad luck, you miss it because you don't trust the market, you fear things will go bad?
There is good news concerning ethereum, the cryptocurrency has hit some FOMO levels and I am glad that the price of ETH has risen to $1400 today. But we are not out of bear season yet and things are still uncertain even though all coins are green today. Don't get too excited when you see green, always be suspicious and careful with the market, there are always pitfalls lurking around us.
hero member
Activity: 2184
Merit: 585
You own the pen
Though the increase was not high enough to cover the cost of the loss over the last months, this is one the good indications that the market is not dying rather investors are really there just waiting for the right time to invest when the price is low and they're just making sure to make some profit in their investment, especially in this kind of scenario where bull runs aren't really possible to come.
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
$1000 to $1400+ in 5 days.  Shocked
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.
hero member
Activity: 2296
Merit: 953
Temporary forum vacation
Well this could all go away very quickly if September date comes and goes without the merge happening easily or properly.

Still,,, great news for most people and let us see if this helps nullify the bad news coming everywhere else from non-crypto indicators.

Hopium is nice, just do not get addicted Wink
jr. member
Activity: 956
Merit: 1
Yah i also think that same ETH price is growing too fast i missed to grab it early in 1000$ thats a bad luck i think now it will move the next level and it will hard to take it in 1000$ again!
jr. member
Activity: 66
Merit: 4
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.

Lido DAO was the big winner today, with a nearly 50% increase. MATIC and ETC prices both increased by 12% and 27%, respectively.

Today, many of us received much-needed hopium injections. May there be more days like this!!

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.

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