Ethereum investors shouldn't expect anything big from ETH till the Proof of sake feature get launched because right now it shows that Ethereum can't do shit alone without his big brother (Bitcoin), it's down to 234 and it looks like that is just the beginning
Because all altcoins including Ethereum was swinging its price upon the movement of Bitcoin. Maybe the potential of earning here from Ethereum was relying upon the price of Bitcoin. There are different barriers now Bitcoin has been facing and also have an effect on the economic crisis. Boosting Bitcoin price will also boost Ethereum price. 
Topic: ETH price, bears took control? - page 3. (Read 741 times)
I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300. This happens when something big affected crypto and that makes so many people wanna cashing out their money.
@Crypto5060 Ethereum prices are tanking because they follow bitcoin prices, and we all know that bitcoin prices took a hit because of the Coronavirus issue. However I’m not worried as this fall is only temporary, so I would advise you not to indulge in panic sales and simply hold on to your crypto’s for the long term.
Sources:
https://cointelegraph.com/news/truth-about-crypto-price-correlation-how-closely-does-eth-follow-btc
https://www.coindesk.com/coronavirus-is-changing-how-crypto-markets-are-trading
Ethereum investors shouldn't expect anything big from ETH till the Proof of sake feature get launched because right now it shows that Ethereum can't do shit alone without his big brother (Bitcoin), it's down to 234 and it looks like that is just the beginning
ETH has dropped 10% within 24 hours, ETH is in real danger as it may turn bearish at this time. We can clearly see the bullish movement is slowly fading and this is also the lowest point. After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
Another drop in ethereum or altcoin prices to the US Dollar follows the decline in the price of Bitcoin. I think ethereum prices can still stand up to Bitcoin and this price reduction is happening to all altcoins. Moment Bitcoin Halving can be a catalyst for altcoin or ethreum to rise in price
all major coins drop alot in few days ago.its happen not only to ethereum, even bitcoin price drop alot too. we should not take one coins as an example, market condition representated by all major coins condition. so if ethereum drop it doesnt mean market in bearish trend now. but if we said for ethreum trend it possible. so far i am considered it as good opportunity to buy again and add my eth amount.
It all falls down to corrections, I guess this is a good thing and all coins needed it because in the past few increasing movements of the market of crypto and the way it went to $10,000 USD it will always crumble down to correction and a well-known trader could take the risk in converting his coins to USD when the sudden increase happen and convert it back again when the price came down again at $8000 USD,
But ETH apparently are just taking the waves of a sudden movement of Bitcoin when the price increase so does ETH and vice versa, but the price of Ethereum, in my opinion, had recovers 8% and we could not ignore that Bearish market is still intact with the resistance and Ethereum is facing hurdles to the $238 USD and $240 USD level but there is still possible that it will decrease its price again.
all major coins drop alot in few days ago.its happen not only to ethereum, even bitcoin price drop alot too. we should not take one coins as an example, market condition representated by all major coins condition. so if ethereum drop it doesnt mean market in bearish trend now. but if we said for ethreum trend it possible. so far i am considered it as good opportunity to buy again and add my eth amount.
Why blame ETH alone when the bearish trend has decreased all the altcoins price ?
ETH has been doing well these days. There is no reason for it to drop in price other than the bearish market itself makes it submerge.
I believe it is a temporary decrease in price and the crypto market would bounce back and increase in price soon.
ETH has been doing well these days. There is no reason for it to drop in price other than the bearish market itself makes it submerge.
I believe it is a temporary decrease in price and the crypto market would bounce back and increase in price soon.
ETH has dropped 10% within 24 hours,
Means someone sold their bag of ETH.Quote
ETH is in real danger as it may turn bearish at this time.
Turning bearish and real danger are not the same. Danger would mean something like their blockchain getting hacked or attacked. Bearish is a term used to denote the market trend. Both are different meanings. I still dont understand how much of a fool you need to be in order to confuse the two terms.Quote
We can clearly see the bullish movement is slowly fading and this is also the lowest point.
Does it matter? Up and down are the ways of the market to go. Does not really mean anything to the project's development.Quote
After a massive rally from the past two months now it's going to red zone, The eth ecosystem has to show some major improvement else I am sure bears will take control.
Let them do so. Again, does it matter? Quick way to buy some ETH at low price if you wish to stock some up though.You all need to know market psychology and indicators in a better manner.
I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300. This happens when something big affected crypto and that makes so many people wanna cashing out their money.
I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
Neither bitcoin is however it stays quite long at $9k to almost $10k and it did even hit $10k then drops. As I see ethereum price has been likely influenced by bitcoin, IMO. Besides if we were to look on a bigger picture here it might be that people are to expect that it won't reach $300 as it going sideways little by little that's why they took the opportunity to withdraw their money back since it just got risen by beyond $200 upto almost $300 by a span of one week, so people who buy below $200 took their opportunity at eth decent price so when it drops, continuously people would tend to withdraw back as well that will lead to continues pull down of price. 
I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
When something happened related to the big bad news and that will bring the price to go to the bottom instantly. We have seen the price of ethereum got a big drop from 1k to the only 300. This happens when something big affected crypto and that makes so many people wanna cashing out their money.
I'm really surprised by how much ethereum has lost in the past days. A drop in price is to be expected but I didn't expect the sudden drop in price from almost 300 to almost 200.
Not just Ethereum price, every token and coin took a bearish trend following the secs ruling on ETF Ethereum was hit hard as well as other tokens.
Now the whole cryptocurrency market is falling very fast and there is nothing to be done, because manipulators controlling the cryptocurrency market and will control it, but we just have to wait and hope that the cryptocurrency market will start to grow again soon and Ethereum will also start to grow in price.
Not just Ethereum alone, but the whole crypto coins are starting to dump their prices but i don't think we all have to worry. What is happening now is very normal for an unpredictable market that suddenly pump or dump its crypto value. The best thing to do now is just be patient in holding our coins because if we decide to sell them, we will surely lose the profits that we are expecting.How long can we handle pressures and frustrations behind that patience. This is taking more deep and serious right now, and I don't know when this recent situation took place on my priorities because we aren't sure if eth holders will remain strongly motivated after experiencing such downfalls. As you said, the whole crypto world has been affected then there's a perfect time to consider corrections and after that recovery moment is expected to happen.
Now the whole cryptocurrency market is falling very fast and there is nothing to be done, because manipulators controlling the cryptocurrency market and will control it, but we just have to wait and hope that the cryptocurrency market will start to grow again soon and Ethereum will also start to grow in price.
Not just Ethereum alone, but the whole crypto coins are starting to dump their prices but i don't think we all have to worry. What is happening now is very normal for an unpredictable market that suddenly pump or dump its crypto value. The best thing to do now is just be patient in holding our coins because if we decide to sell them, we will surely lose the profits that we are expecting.
Now the whole cryptocurrency market is falling very fast and there is nothing to be done, because manipulators controlling the cryptocurrency market and will control it, but we just have to wait and hope that the cryptocurrency market will start to grow again soon and Ethereum will also start to grow in price.
I think what happened was just a correction. There is some analysis that ETH had formed a head and shoulders pattern that could breakout eyes $300. The said analysis stated that there is a possible sideway movement from eth because of the $235 resistance.
Note:
Souce: https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-analysis-eth-usd-head-and-shoulders-pattern-breakout-eyes-300-202002280510
Note:
Quote
Besides the support at $230, the 61.8% Fibonacci level, taken between the last swing high of $228.22 to a swing low of $117.19 will protected the price from retesting $220 and $210 buyer congestion areas. Other key levels to watch out for are the 50-day SMA, the 50% Fibo at $200 and the primary support at $180.
Souce: https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-analysis-eth-usd-head-and-shoulders-pattern-breakout-eyes-300-202002280510
I thought Ethereum could easily cross the 300$ mark. But after crossing 290$ mark very easily, now we can see the continuous price fall of Ethereum. Now it looks like that Ethereum price will go down to below 200$ again. But after that I think there is no reason to be disappointed because in the next two to three months we will see a good movements in the crypto market. I firmly believe that then Ethereum price will easily hit 500$ marks.
in my opinion for now the price of ETH is down, because BTC is down by about 10% so all altcoin prices follow BTC, but I'm still sure there will be a big increase, and we have to be patient to get big profits.
Currently the red zone is happening in bitcoin so it is natural that ethereum also follow it, and now it is very difficult to happen ethereum will move up so quickly as happened in the previous year that can penetrate in the numbers Very well, maybe this is no longer the case because many current ICO projects are no longer growing and full of scamer.
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