Topic: ETH price, bears took control? - page 4. (Read 741 times)
It's the whole market, not just ETH. The current price drop has absolutely nothing to do with any Ethereum news or development. It's just a big sell off. Sometimes the market gets jittery and just needs the slightest excuse to shed money. Maybe this time the excuse was coronavirus. The trigger is usually irrelevant, it's just something that provokes a small sell off that then snowballs all by itself.
Ethereum rose very quickly like Bitcoin, so the correction that gave such a rebound is not considered something terrible. She should have happened, I was waiting for her even earlier. So at the moment, do not worry about the decline in the price of cryptocurrency. Now, if it falls another 15%, then it’s worth considering, although it will be too late to think)
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.
Nope, I don't think that the bears took control, Bitcoin has been suffering from the corona news, as others have said, so obviously it will trickle down to the altcoin market.
But look at the market today, everything is all green again, ETH didn't even broke the $200 so meaning there are huge support itself. That's why we really don't need to panic, just sit down and wait till the market settles down and we will see a good bounce.
Its literally looks like the bears took control because it has slipped down hard after the low spike on bitcoins chart.
And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.
We must not feel doubt about that as the price of ethereum has been growing back again since yesterday. I just speculate if the crypto trend will be going to be normal again as soon as possible. Just let those people to take more time to make it happens. Bitcoin is giving enough impact to the market as it was also getting lost in the price caused by the gold. And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.
Well its not surprising to see eth (actually almost all coins including btc) in this status. When there's a price increase a correction is expected because of those who take profit, selling their coins to take advantage the increase.
But we know its not unusual, thats how crypto works and correction is just temporary so dont deal with this situation as if the market wont recover anymore. There are many things to look forward like the btc halving and eth upgrade hence be optimistic.
But we know its not unusual, thats how crypto works and correction is just temporary so dont deal with this situation as if the market wont recover anymore. There are many things to look forward like the btc halving and eth upgrade hence be optimistic.
We have a good time to buy ethereum at this time before the price break the higher price. But we don't know if ethereum price will have a chance to increase back or it will go down again. If we can take the risk by seeing another downtrend for ethereum, then we can buy it now with small money and wait for a while. If the price still goes down, then we can buy more ethereum, but if it's not, we can wait for more. We are still seeing the bear market at the end of this month, but we have a chance to see the bull run will come in the next month, so be patient.
Its literally looks like the bears took control because it has slipped down hard after the low spike on bitcoins chart.
And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.
We must not feel doubt about that as the price of ethereum has been growing back again since yesterday. I just speculate if the crypto trend will be going to be normal again as soon as possible. Just let those people to take more time to make it happens. Bitcoin is giving enough impact to the market as it was also getting lost in the price caused by the gold. And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.
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.
Bear time over long time before, now only time for correction. The whole coinmarketcap dropped 50 billions USD, we can blame only Ethereum. Top coin (Bitcoin) also dumped more than 1500-1700 USD. Bitcoin halving and Ethereum 2.0 is could be major improvement for this situation. I think instant dump is good for crypto as like now.
Its literally looks like the bears took control because it has slipped down hard after the low spike on bitcoins chart.
And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.
And this is the core volatility that happens to etherum, it needs to be able to survive for awhile even if bitcoin dips.
The bearish mood continues to this day, if you look at it globally. Expect the same movements as it was in 2017 is not worth it. It is not known when the coins will be able to beat their highs in value. We need to look at things more realistically.
As you can see it's the whole market that's start to drop these past few days.
We might say that the bears are in control again and some will say that this is due to the corona virus outbreak. And there will be some that will say that this is with the collaboration of the dow jones and stock market crash lately.
Whatever the cause of this dump, buy the dip.
We might say that the bears are in control again and some will say that this is due to the corona virus outbreak. And there will be some that will say that this is with the collaboration of the dow jones and stock market crash lately.
Whatever the cause of this dump, buy the dip.
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.
It is the part of the game. bull market will never happen again it will be just pump and dump. about two weeks ago people were talking about eth to make new highs and here we are again in the bear market. bears already took the control there have been many positives happen last year and still an huge event of halving is ahead in may and there are no signs of bull market
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I am not surprised, Ethereum has shown a great growth witout any corrections, so it was only a matter of time when it happens.
Now, those who hated Ethereum are thinking of buying because probably it is the last opportunity before main updates happen.
Now, those who hated Ethereum are thinking of buying because probably it is the last opportunity before main updates happen.
Do not be fooled by this short dump, the price might be going down even further for now but the bear has not taken control yet. Have you checked the market before when Bitcoin was nearing its halving in 2016? it looked the same as we are today.
At the current market, every altcoin follows the Bitcoin trend. I highly believe we are in the bear trap.
Keep holding it, you might miss the chance if you are selling it right now. You do not need to panic because we have seen something worse than now.
At the current market, every altcoin follows the Bitcoin trend. I highly believe we are in the bear trap.
Keep holding it, you might miss the chance if you are selling it right now. You do not need to panic because we have seen something worse than now.
If its going down its got to go down. The market isn't always friendly to me so you would have to prepare yourself for the worse that if BTC price dips to $6k, its not as depressing as it would for someone who will expect better days ahead. WE all know BTC price correlates to the altcoins especially ETH.
If you look closely, it's not just the price of Ethereum decreasing but also almost all other coins. We could even consider it to be a correction move for Ethereum as it had increased more than many other coins like bitcoin in the last month. Ethereum's price is higher now (as compared to bitcoin) than the last time when bitcoins price was around 9K.
now the price of Etehreum is beginning to recovery and I hope that by the end of the month we will again return to the level of 260-280 dollars for eth. what happened yesterday brought very large losses to many people.
The market experienced some correction and ethereum wasn't spared. As I write, the price of bitcoin is still at $8,900 zone which had plummeted from $10k zone. Hopefully, we see another market rally.
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.
The entire altcoin market is collapsing, the main reason for this collapse is that bitcoin has broken support and prices have gone too deep. Over the next few days the price of bitcoin will certainly continue to decline and $ 8200 will be the next support target for bitcoin. And until then, I think that the price of ETH and altcoins in this market will go down as well 
After see this i check the price eth and chart. I think this will not happen if ETH will bears market.
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