ETH still going higher as our anticipatiion - page 3.

posi

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Quote from: tabas on November 28, 2020, 09:19:54 AM

Quote from: SlimShadyMmp on November 26, 2020, 06:57:43 PM

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH or any other altcoin that they hold if they are not confidently seeing a plunge.
That's the usual reaction of a holder that isn't used to this situation.

The market is gradually recovering from the dump state but the uptrend is still not certain cause the market is still going sideways as SlimShadyMmp said and in a situation like this even holders/traders that use to this situation can sell in other to stop loss and be prepared for whatever may occur. However, by looking at the ETH the current momentum seems to correlate with July/August market.

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Quote from: tabas on November 28, 2020, 09:19:54 AM

Quote from: SlimShadyMmp on November 26, 2020, 06:57:43 PM

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH or any other altcoin that they hold if they are not confidently seeing a plunge.

I don't expect Eth holders to dump their Eth sooner. Mainly because of two reasons:
1) Eth proves stability by the resistence against btc drop during the last few days. It would keep reaching more ATH but don't expect it to reach the 1400$ like back in 2017.
2) People staking Eth are surely waiting for the release of Eth 2.0. Someone above confirmed that people start staking their Eth in Eth 2.0 deposit contract.

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Quote from: vella85 on November 26, 2020, 04:42:53 PM

The good thing is that Ethereum is holding strong at $500 so we could see support at this price range which will be good heading into the next leg up. This could also have a huge affect on Alts as ETH is the main driver for Altscoins. I picked up a little more Ethereum with this dip.

In the last few days the price of ETH crypto assets has turned green in the market again and in the last 24 hours ETH has strengthened by around 7.0% with its unit price equivalent to $539.24 of course this is a sign that eth price resistance is likely to be passed in the next few days, especially Currently, many large companies have started staking ETH into Ethereum 2.0 deposit contracts, of course the impact of Ethereum 2.0 will greatly affect the boost in ETH prices that will occur in the market, as one of the biggest altcoins, of course ETH will not experience a price collapse for a long time

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Quote from: SlimShadyMmp on November 26, 2020, 06:57:43 PM

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH or any other altcoin that they hold if they are not confidently seeing a plunge.
That's the usual reaction of a holder that isn't used to this situation.

dragonvslinux

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Quote from: dragonvslinux on November 26, 2020, 04:10:34 AM

This is exactly the level I was looking for, have averaged in a bit more. Still got buys at lower levels, but price appears to be stabilizing:

On the Daily chart, ETH is looking great against BTC at the moment. Finding support for the 4th day now from the 50 Day MA as well as the 0.5 fib retracement after bouncing from the 200 Day MA and VPVR point of control (POC):

Similarly on the 4hr, bouncing from the 200 MA and grinding up along the 50 MA at the moment, trying to above the local POC. The confluence between these two time frames is beautiful:

Textbook bullish imo.

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I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

vella85

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The good thing is that Ethereum is holding strong at $500 so we could see support at this price range which will be good heading into the next leg up. This could also have a huge affect on Alts as ETH is the main driver for Altscoins. I picked up a little more Ethereum with this dip.

dragonvslinux

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Quote from: dragonvslinux on November 24, 2020, 03:30:28 PM

There's MA support building up nicely on the Daily time-frame as well, whether price will return there is yet to be seen.

Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag, bouncing from support.

This is exactly the level I was looking for, have averaged in a bit more. Still got buys at lower levels, but price appears to be stabilizing:

Still got bids at lower levels, the 0.236 fib retracement as well as the obvious 50 Week MA support, but price could certainly find support at current levels.

(I don't normally post trades in this way, but showing that I'm putting my money where my mouth is, as I'm also very confident about these positions)

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Quote from: vella85 on November 24, 2020, 04:56:48 PM

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been. I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

it could achieved this year if momentum still kept. ethereum have strong fundamental and demand to support its movement if compared than other platform. hype will always coming and it used to attract new investors coming to any project or coin and it always happen . but for ethereum its different , investors look it as a gem not again as pump and dump coin.

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Quote from: JNR on November 22, 2020, 10:07:16 AM

Quote from: ?? on ??

I believe Ethereum will still be higher,
because a lot of Hype that happened for Ethereum, Ethereum 2.0 and Defi will make Fomo,
don't worry this will be good for Ethereum, sell some and some hold.
Moreover, if the domination decreases, Ethereum will become a place for BTC investors.

thats right a lot of great things coming to ethereum
as we can see now ethereum price already surpass the $500 level and i believe the price will double before this year end

Day after day ETH is gaining more and more investors so this is for sure the preparation of the incoming just 1 week from now,and that is the 2.0 version finally released.

Quote from: vella85 on November 24, 2020, 04:56:48 PM

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been. I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

Actually Bitcoin increased earlier this year comparing to 2017 because last Bullrun Before Bitcoin Reached 20,000$ the Market capitalization Total is more than 800 billion,But now look we are not even close to 600 billion but Bitcoin is heading to make the breaking of the last ATH.

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Quote from: vella85 on November 24, 2020, 04:56:48 PM

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been.

Yes. It seems that we're back in that time. Nostalgic!

Quote from: vella85 on November 24, 2020, 04:56:48 PM

I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

There's no hype but FOMO when everyone saw what's happening for bitcoin and it's also affecting Ethereum. But this push for Ethereum is making its own move through the 2.0 transition. $1k is very possible as long as it will maintain itself first on $600-$700.

vella85

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This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been. I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

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Quote from: JNR on November 22, 2020, 10:07:16 AM

Quote from: ?? on ??

I believe Ethereum will still be higher,
because a lot of Hype that happened for Ethereum, Ethereum 2.0 and Defi will make Fomo,
don't worry this will be good for Ethereum, sell some and some hold.
Moreover, if the domination decreases, Ethereum will become a place for BTC investors.

thats right a lot of great things coming to ethereum
as we can see now ethereum price already surpass the $500 level and i believe the price will double before this year end

It will be double if the prices is still continue just like now the price of etherium are in $600 maybe that would be continue until the end of these year. But we need to wait cause there so many news happen in etheium that would never expected to see juts like the other said about the update of etherium that can be increase a price a lot more but a transaction fee also will be increase a little bit.

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Quote from: dragonvslinux on November 22, 2020, 02:34:19 PM

Ethereum is still looking great now breaking out above ₿0.03 Cool

Personally I'm expecting a re-test of the 0.786 retracement around ₿0.035 at minimum, as well as generally higher highs.

Price got to 0.0337, not quite 0.035, but much quicker than expected. Zooming into smaller time-frames, we're finding support, but I still think we can correct a bit further...

There's MA support building up nicely on the Daily time-frame as well, whether price will return there is yet to be seen. I think it's likely traders front-run this support at the 0.5 fib retracement, rather than wait for the 0.382 where support lines up nicely. This will largely depend on whether BTC breaks $20K or not imo.

Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag, bouncing from support.

dragonvslinux

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Quote from: dragonvslinux on November 21, 2020, 05:23:12 PM

Just to say ETH/BTC looks like great buying opportunity right now. Ignoring the obvious support trend-line that has been held, price is bouncing strong from the 50 & 100 Week MAs*. If ever you wanted an average ETH/BTC price in the past 1-2 years, then that was it basically. Also the double Weekly 9 Sell/Buy Signals appear very relevant right now (see arrows).

Ethereum is still looking great now breaking out above ₿0.03 Cool

Personally I'm expecting a re-test of the 0.786 retracement around ₿0.035 at minimum, as well as generally higher highs.

Ethereum 2.0 is coming... now as early as 9-25 days away ??

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Quote from: ?? on ??

I believe Ethereum will still be higher,
because a lot of Hype that happened for Ethereum, Ethereum 2.0 and Defi will make Fomo,
don't worry this will be good for Ethereum, sell some and some hold.
Moreover, if the domination decreases, Ethereum will become a place for BTC investors.

thats right a lot of great things coming to ethereum
as we can see now ethereum price already surpass the $500 level and i believe the price will double before this year end

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Quote from: puremage111 on November 04, 2020, 11:15:11 PM

Aside from Technical Analysis
ETH 2.0 Deposit contract just released hours ago

It seems like a hype which could bring Ethereum price movement to another level
However i am not sure if the entire ETH 2.0 thing will be there soon or this is just sort of phase 1

Anyhow, personally i think ETH had a good chance of hitting $500 within 2 Quarter time

eth 2.0 bring a lot of demands on ethereum, and thats mean between technical analysis and fundamental analysis is congenial
and i believe ethereum price will continuesly growing from now

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Quote from: atjiat on November 22, 2020, 07:59:26 AM

The Ethereum team has already postponed the Ethereum 2.0 update until January 31 next year. I hope that by then the deposit contract will be filled to the maximum. I believe that this very process is an indicator of the attractiveness of Ethereum in the cryptocurrency market today.

It's been anticipated and Ethereum hands down however, keenly waiting for the Ethereum 2.0 update!
Ethereum is the best to hodl, because there is as yet potential for a ton of development they are still working on ETH 2.0 which I think will perform way better then any time before. I would like to continue to hold till then.

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Quote from: atjiat on November 22, 2020, 07:59:26 AM

The Ethereum team has already postponed the Ethereum 2.0 update until January 31 next year. I hope that by then the deposit contract will be filled to the maximum. I believe that this very process is an indicator of the attractiveness of Ethereum in the cryptocurrency market today.

The time-frame has changed since a few days ago. 129K ETH (out of the 544K required) was deposited in the past two days. 2.0 is back on schedule for December now.

Quote from: dragonvslinux on November 22, 2020, 08:43:40 AM

Source: https://beaconcha.in/

Unsurprisingly, the spike in deposits into 2.0 has coincided with a notable 16% increase in price. Not a coincidence imo.

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Quote from: atjiat on November 22, 2020, 07:59:26 AM

The Ethereum team has already postponed the Ethereum 2.0 update until January 31 next year. I hope that by then the deposit contract will be filled to the maximum. I believe that this very process is an indicator of the attractiveness of Ethereum in the cryptocurrency market today.

Im not sure about this, people will not easily change their opinion about that. Afaik if this time the result of ethereum that has been depositing into the deposit contract is really small compared what already expected by so many holders or speculators. That means the performance of ethereum 2.0 is not so good as it can't attract people to join to be validators in ethereum 2.0 network.
The locked period has been making them all feel so bad about that.

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