Ethereum price before Christmas - page 2.

samuraijin

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Quote from: Sayeds56 on December 14, 2023, 05:52:08 AM

Quote from: Out of mind on December 13, 2023, 10:05:28 AM

We've seen the price of Ethereum already hit $2400 and that's before Christmas. But I believe that with Christmas coming up, the price of Bitcoin and many other coins, including Ethereum, is likely to increase more. ETH is a reliable coin to HODL for the future and can offer high returns. And the value of this coin certainly I think has the potential to touch $3000 before Christmas if it continues to get higher. However, as the current market conditions show that all coins are trending higher and trending towards this or that position, holding Ethereum will give you a profit.

Certainly, we are again witnessing positive sentiment in cryptocurrencies after the correction of three consecutive days started on Monday when market opened after weekend. This correction dragged Bitcoin price down to around $40,000 and Ethereum price dropped to $2,100. Today Ethereum price is trading $2,280 and if weekly candle closes in green, we might see Santa Clause rally (Christmas) in the coming week. This potential upward trend might continue for one week before traders usually book profit just before Christmas and new year holidays.

It is indeed difficult to predict when predicting the price of Cryptocurrency. Sometimes it doesn't match expectations. Don't blame you, at least we know the habits of a market at the end of the year or before Christmas. It seems that your prediction is actually wrong, it even looks like the price of Bitcoin will affect the price of everything, including Ethereum. Today, the price of Ethereum has actually increased compared to what we all expected because this is the impact of approaching big holidays such as Christmas and New Year.

Bureau

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@OP your target was $2300 before Christmas, $2238 today and hopefully it will go beyond $2300 before the 25th of this month. We still have 5 more days left and the market is in green today. I don't know what news caused Bitcoin to pump but it looks good. Ethereum can breach your target if Bitcoin continues to pump a few days more.

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No technical analysis was done on my part. Just pure prediction. After all, even though you will make your technical analysis, you will not predict what can happen in the future with 100% accuracy. What's bad is that the market hasn't looked good in the past few days because after Bitcoin reached as high as $44,000, the price of it is going down, and that includes most of the top altcoins as well. TBH, I'm also thinking that we might see Bitcoin ending the year with its price lower than $40,000.

Overall, Ethereum is a good long-term coin to hold so even though you will just buy today, in the long term you will get profit. One thing more is that we aren't in a bull run yet, so if you bought today, just hold it until the bull run starts.

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Quote from: odunybiz on December 16, 2023, 09:43:47 PM

Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

Ethereum has already hit $2400 recent so if you are expecting a profit if sold at that price then you should have sold it out by now. But OP why stating precisely till Christmas? If you are an hodler, then you should hold it till you make a good profit since this coming year is our expected bullrun season.

thats true, next year probably ethereum will be hitting a new all time high due to the fact that bitcoin halving is near and when bitcoin is rising up so high it will be followed by ethereum, the holding frame is gonna be longer but the profit will be worth it.
assuming that in the future there will also be news in regard of ETF approval I think its bright future and the result kinda obvious in this regard.
but I guess some people might have different preference and rather choose to just get shorter holding which also means lesser profit and thats also totally fine.
regardless though anyone investing in ethereum should know that besides ETF bitcoin there's also ETF ethereum trying to be registered, just wait it out.
otherwise people wouldn't so hyped with accumulating both bitcoin and ethereum right now because they knew some good thing will arrive in the next year.

Silberman

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Quote from: Makus on December 16, 2023, 05:21:20 AM

I am not a holder of Ethereum and I don't fully support buying of altcoins in general, except cases where the person feel he Is capable of handling the risk all by himself. Talking about Ethereum, I have been watching the coin for dome time now and I can observe that its among the coins that have its price movement tied to that of bitcoin, if you observe closely you'll see what I'm talking about. I'm not saying its bad, since it is following the master "Bitcoin", so what I believe is that bitcoin will surely rise back to 44k but by the end of the year. I am not all that sure if the price of Ethereum would reach 2.3k before Christmas, but before the end of the year it might reach the $2300. But as a holder I would also advise that you hold dearly, don't let the current trend to deceive you into selling you coins, except you're selling for emergency or to buy bitcoin. Its possible what happens last month would happen again where we experience enough sideway trend and the next thing was boom.

All altcoins have some level of correlation to bitcoin, with most of them being on the high side, this is something that anyone that can access to the prices of bitcoin and ethereum can verify by using any of the spreadsheet software that is available on the market, however what can allow the price of a coin to move independently is for its own fundamental news to change that dynamic, and in the case of ethereum the Dencun upgrade could allow ethereum to rise in price faster than bitcoin once it goes live.

odunybiz

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Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

Ethereum has already hit $2400 recent so if you are expecting a profit if sold at that price then you should have sold it out by now. But OP why stating precisely till Christmas? If you are an hodler, then you should hold it till you make a good profit since this coming year is our expected bullrun season.

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I am not a holder of Ethereum and I don't fully support buying of altcoins in general, except cases where the person feel he Is capable of handling the risk all by himself. Talking about Ethereum, I have been watching the coin for dome time now and I can observe that its among the coins that have its price movement tied to that of bitcoin, if you observe closely you'll see what I'm talking about. I'm not saying its bad, since it is following the master "Bitcoin", so what I believe is that bitcoin will surely rise back to 44k but by the end of the year. I am not all that sure if the price of Ethereum would reach 2.3k before Christmas, but before the end of the year it might reach the $2300. But as a holder I would also advise that you hold dearly, don't let the current trend to deceive you into selling you coins, except you're selling for emergency or to buy bitcoin. Its possible what happens last month would happen again where we experience enough sideway trend and the next thing was boom.

rodskee

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Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

you did not clear what are you pointing here but for me if she bought and in loss?
as we are now in bullying season then we could better Hold more and let time tells you when to sell ,
and besides Ethereum is still in good shape so don't bother having problem holding mate so keep it
on , and also try not to have that second thought because you are in good position holding ethereum.

justdimin

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Quote from: synchronym on December 13, 2023, 07:40:25 AM

The most reliable alt coin is Ethereum. I bought Ethereum several months ago and now I have sold Ethereum and made a lot of profit. If you want to buy Ethereum, of course you can. You must check the market before buying Ethereum. Ethereum must buy you when the market is low and sell you when the market is up.

It is reliable, in a sense that it is still there despite existing long time ago. Its value is also stable, but despite of it, there are still ETH investors who lose but I think it's not the fault of ETH anymore. ETH and other cryptos are mainly created for us to have another payment method. They already served their purpose that way, but it's just that people aren't contented and made them an investment asset instead.

If you are investing, there is always a risk but it can be managed by doing some preparations and research. Thanks for telling the OP of buying ETH, but it seems he already did it, and it seems he already lost his money. Also thanks for the tip you gave there. He can surely follow this in his 2nd, 3rd, or so on... attempt. This was only basic, but we never know, what if he didn't know, or apply it yet?

2Pizza410000BTC

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Quote from: synchronym on December 13, 2023, 07:40:25 AM

The most reliable alt coin is Ethereum. I bought Ethereum several months ago and now I have sold Ethereum and made a lot of profit. If you want to buy Ethereum, of course you can. You must check the market before buying Ethereum. Ethereum must buy you when the market is low and sell you when the market is up.

Ethereum is one of the most reliable altcoins in the market. One of the most important things to do is to check the market before buying any coin in particular. People who jump into investing without testing the market often end up losing their investments. Investment should be made from such a place that even if the market goes up a little, there will be a lot of profit. You have made a lot of profit on your investment by buying Ethereum and I am very happy with your profit. When a person buys and invests, if he makes a profit on that investment, I feel a lot of love for that profit. I have not bought and invested in Ethereum until now, hope I will buy and invest in Ethereum.

JeffBrad12

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Quote from: 2Pizza410000BTC on December 14, 2023, 07:44:38 AM

We have seen the Ethereum market drop to $2100 this week due to market volatility. From $2100, the market started to slowly rise again, currently Ethereum stands at $2300. Since Christmas day is very close to us, maybe because of that the Ethereum market can go up. But not sure if it will be $3000 before Christmas. However, we expect that the Ethereum market will increase around Christmas Day, but we cannot say for sure how much it will increase.

sometime it might be corrections occurring when we are nearing the christmas but then again we can't be so sure of it but in my opinion don't have too much of a high expectation, from the past chart we've had history of always dumping when we are nearing end of the year for some reasons but it might be different this time around but regardless I think Ethereum if not reaching $3k by the end of the year which is also christmas I think in the next year we will be almost certainly gonna be hitting that price mark.
after all, ethereum have even higher all time high than that so its definitely possible, moreover ethereum is the most utilized blockchain seeing from the gas increase alone you can easily know about it.
I think eventually we will see ethereum reaching its all time high again but that only if bitcoin is also nearing its all time high then it will all come into one piece, the altcoin season also definitely gonna happen if thats the case.

Silberman

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Quote from: Out of mind on December 13, 2023, 10:05:28 AM

Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

We've seen the price of Ethereum already hit $2400 and that's before Christmas. But I believe that with Christmas coming up, the price of Bitcoin and many other coins, including Ethereum, is likely to increase more. ETH is a reliable coin to HODL for the future and can offer high returns. And the value of this coin certainly I think has the potential to touch $3000 before Christmas if it continues to get higher. However, as the current market conditions show that all coins are trending higher and trending towards this or that position, holding Ethereum will give you a profit.

It is possible that we may see another correction, we must not forget that during December people spend more money than usual and they may be in need of money at the time, and if they have some money invested in good coins like ethereum then they may sell some of their holdings so they can afford all of those expenses, something which could cause a small decrease on the demand and the price may drop as a result of those market conditions.

2Pizza410000BTC

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Quote from: Out of mind on December 13, 2023, 10:05:28 AM

Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

We've seen the price of Ethereum already hit $2400 and that's before Christmas. But I believe that with Christmas coming up, the price of Bitcoin and many other coins, including Ethereum, is likely to increase more. ETH is a reliable coin to HODL for the future and can offer high returns. And the value of this coin certainly I think has the potential to touch $3000 before Christmas if it continues to get higher. However, as the current market conditions show that all coins are trending higher and trending towards this or that position, holding Ethereum will give you a profit.

We have seen the Ethereum market drop to $2100 this week due to market volatility. From $2100, the market started to slowly rise again, currently Ethereum stands at $2300. Since Christmas day is very close to us, maybe because of that the Ethereum market can go up. But not sure if it will be $3000 before Christmas. However, we expect that the Ethereum market will increase around Christmas Day, but we cannot say for sure how much it will increase.

Sayeds56

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Quote from: Out of mind on December 13, 2023, 10:05:28 AM

We've seen the price of Ethereum already hit $2400 and that's before Christmas. But I believe that with Christmas coming up, the price of Bitcoin and many other coins, including Ethereum, is likely to increase more. ETH is a reliable coin to HODL for the future and can offer high returns. And the value of this coin certainly I think has the potential to touch $3000 before Christmas if it continues to get higher. However, as the current market conditions show that all coins are trending higher and trending towards this or that position, holding Ethereum will give you a profit.

Certainly, we are again witnessing positive sentiment in cryptocurrencies after the correction of three consecutive days started on Monday when market opened after weekend. This correction dragged Bitcoin price down to around $40,000 and Ethereum price dropped to $2,100. Today Ethereum price is trading $2,280 and if weekly candle closes in green, we might see Santa Clause rally (Christmas) in the coming week. This potential upward trend might continue for one week before traders usually book profit just before Christmas and new year holidays.

Out of mind

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Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

We've seen the price of Ethereum already hit $2400 and that's before Christmas. But I believe that with Christmas coming up, the price of Bitcoin and many other coins, including Ethereum, is likely to increase more. ETH is a reliable coin to HODL for the future and can offer high returns. And the value of this coin certainly I think has the potential to touch $3000 before Christmas if it continues to get higher. However, as the current market conditions show that all coins are trending higher and trending towards this or that position, holding Ethereum will give you a profit.

Ben Barubal

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Well, maybe when it comes to the long term, ethereum is also one of its good works, apart from Bitcoin. That's why the only thing I don't like about ETH is its high transaction fee. Second, I'm not an ETH fanatic either.

I prefer other cryptocurrencies to hold than ETH; maybe others may not agree with me. That's why I don't really like ETH, to be honest. Sorry to the ETH fanatics; we each have our own crypto bets, of course.

radjie

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Usually there will be a lot of activity selling the coins they hold before Christmas. This often happens every year. However, it would be better if the Ethereum you own is held for the long term to avoid selling at a low price. Market price movements recently have been quite stable, although there has been a slight decline, it is possible that as Christmas approaches, the decline in market prices will be even sharper.

synchronym

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The most reliable alt coin is Ethereum. I bought Ethereum several months ago and now I have sold Ethereum and made a lot of profit. If you want to buy Ethereum, of course you can. You must check the market before buying Ethereum. Ethereum must buy you when the market is low and sell you when the market is up.

Sayeds56

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Quote from: Kelvinid on December 13, 2023, 03:42:53 AM

The price rally seems to be expected this Christmas season as Bitcoin does the uptrend motion, and ETH will also pump. For IMO, that was is too early to take advantage of the pump, if we don't need to use our money, it is better to continue holding until next year as we believe that more pumps are coming rather than decline. That is why I could say that holding ETH is not a regrettable decision but rather a wise choice.
The current price of ETH is already at $2,100 ++, and it was possible to reach $2,400.

Anticipating rally before Christmas suggests a positive outlook for Bitcoin which will certainly have its trickle down impact on Ethereum price, as well. I agree with your viewpoint that holding onto Ethereum for long term is a wise decision, and selling for moderate profit may become out a regrettable decision, specially given the anticipated rally following the halving, schedule in mid of year 2024.

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Quote from: hack3rcon on December 07, 2023, 01:11:38 AM

Hello,
If someone has made a loss in buying and selling Ethereum, what is your suggestion? Should he\she hold Ethereum?
Is it possible for the price to reach $2300 before Christmas?

Thanks.

I suggest to that person to continue holding Ethereum. Don't ever sell it if he/she is at a loss. All the losses he sees right now are just a paper loss, it will only be a loss if he decides to sell it. No one can tell if Ethereum will reach that price or if any other crypto in the market will increase before Christmas. But the only thing we all know is that the bull run hasn't even started yet.

Topic: Ethereum price before Christmas - page 2. (Read 931 times)