Ethereum Rebounds as Bitcoin Holds Steady

X-ray

hero member

Activity: 3094

Merit: 537

Leading Crypto Sports Betting & Casino Platform

Quote from: gamer4156 on September 20, 2020, 09:15:29 AM

So, ETH always profitable if you buy at lower price and hold for few days and when pump then sold it. But it's my perceptions everyone have their own do it at your own risk! Good luck!

The same pattern will always be repeated anytime and what you are saying totally make sense. When people bought ethereum yesterday and they have got 10% profit from their investment and that means if when the bearish trend will come in the next time and people should always be prepared for that and load more ethereum.

The bitcoin can sustain above 10k and that means it's impossible for the dump to happen even dipper than this time.
All of the trend in altcoins depend on bitcoin and how big the dump will be determined by the bitcoin.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: leea-1334 on September 22, 2020, 06:47:07 AM

Volatility is back it seems. 3 weeks ago ETH was at $480 and now yesterday it was as high was $390 and then past 24 hours it is even $330. A lot of scalpers making money, and a lot losing I expect. End of the day miners are enjoying it all as they are reaping all the fees,,, bubble not yet bursting it seems.

It seems that people do not want this DeFi bubble to end and while this is understandable at the same time it is inevitable, the excitement over the technology is fine but they have took it too far and now that scammers have seen their opportunity and more and more people are being disappointed with the results they have gotten, as such it is impossible the bubble continues for long, but what do I know? After all as Keynes said:

Quote

The market can remain irrational longer than you can remain solvent.

leea-1334

hero member

Activity: 2352

Merit: 953

Temporary forum vacation

Volatility is back it seems. 3 weeks ago ETH was at $480 and now yesterday it was as high was $390 and then past 24 hours it is even $330. A lot of scalpers making money, and a lot losing I expect. End of the day miners are enjoying it all as they are reaping all the fees,,, bubble not yet bursting it seems.

gabbie2010

sr. member

Activity: 2842

Merit: 326

Vave.com - Crypto Casino

Quote from: Captain Corporate on September 21, 2020, 12:01:36 PM

I believe they are both equally down right now and things are not looking like they are going to change any time soon neither. I mean looking at the price right now it is 10.4k for bitcoin and 340 for ethereum which says they are both very down and should be recovering or it would really go a lot more worse. I mean it is of course good that they are both down at the same time, if one was down while crypto market was up that would be bad but since everything moves down together that at least means market is not doing well at the moment.

Obviously we would like to fix that as soon as we can, don't know how long it will take, don't know when the recovery will happen but as long as it happens I will be fine with price of 12k+ for bitcoin and 450+ for ethereum (and all the other crypto similarly up).

Both coin were held now at a support zone at $10200+ for bitcoin and $330 for ethereum after the dropped I hope the price recovers from those zones, presently there is rejection unfolding from those zones whether the price will dip down again or pump again remains unknown.
I hope the price reached $11000 first for bitcoin thereafter the next resistance at is $12K that should be the next target while ETH next target should be $388+ after breaking that resistance first before $450.

Captain Corporate

hero member

Activity: 2170

Merit: 575

I believe they are both equally down right now and things are not looking like they are going to change any time soon neither. I mean looking at the price right now it is 10.4k for bitcoin and 340 for ethereum which says they are both very down and should be recovering or it would really go a lot more worse. I mean it is of course good that they are both down at the same time, if one was down while crypto market was up that would be bad but since everything moves down together that at least means market is not doing well at the moment.

Obviously we would like to fix that as soon as we can, don't know how long it will take, don't know when the recovery will happen but as long as it happens I will be fine with price of 12k+ for bitcoin and 450+ for ethereum (and all the other crypto similarly up).

AjithBtc

sr. member

Activity: 1666

Merit: 276

Vave.com - Crypto Casino

The market of ethereum seems to move within $400 for a long after falling back from the price around $450. This doesn't look to be re-bounce in its value. Following the market movement of bitcoin there is changes with ethereum.

For all the market growth expectation for the year, what ethereum has reached is simply very small. Atleast it could've touched the $500 by now, and more defi tokens being successful and growing through the ethereum platform hasn't made any positive move on the market of ethereum so far.

royalfestus

hero member

Activity: 2464

Merit: 519

Ethereum is getting more engaged in some marketing advantages. 15% of ethereum is locked in Defi and the volume of ethereum trade daily is still high. It is so disappointing that the high transaction fee n Ethereum platforms still remain high and never affect the transaction volume. I realize that the profit from Defi cause to over look on the high transaction fee. By November ETH 2.0 will be out and it is capable of another spike that will push the price towards $1000.

gamer4156

sr. member

Activity: 1008

Merit: 250

Invest on ETH is always good as i think. I am trading from 2017 and i seen there was a lots of pump and dump of coins with BTC and alt coins. So, ETH always profitable if you buy at lower price and hold for few days and when pump then sold it. But it's my perceptions everyone have their own do it at your own risk! Good luck!

maldini

sr. member

Activity: 952

Merit: 308

We all know bitcoin have a market leading position than any other coins all are been depends on this coin's price level when it's been high the other coins also been higher this way and the market also been pumped when it's been pumped itself and recently this happen few times back and though the price been little bit dropped and other coins as well. Recently the Ethereum has declared their v2.0 and also they have involved the defi project the 2 main reason of this coin might get a good bump very soon. Let's see what happen!

Shasha80

sr. member

Activity: 1876

Merit: 318

If we look at the market these days, it is very clear that the Ethereum price starts to creep up, after the Bitcoin price stabilized
at the price of $ 10,900- $ 11,000. It's even surprising that today's Ethereum price rose 7.25% to $ 393. This increase has made
investors increasingly interested in investing in Ethereum. Based on my prediction next week Ethereum will rise above $ 400 again.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: Arkann on September 17, 2020, 11:44:12 AM

Quote from: ?? on ??

It's true though, Ethereum price will rebound as Bitcoin hold steady, not only Ethereum,
every single altcoin will rise up if Bitcoin hold steady

Over the past 24 hours, Ethereum has shown very good results (3%), which even outperform bitcoin (-2%). I believe that this is primarily due to the statement of the developers, who set the next date for the Ethereum 2.0 update for November. Raoul Jordan, who is the Ethereum 2.0 developer at Prysmatic Lab, said November could look very good to launch an update from his point of view.

They have made so many announcements about this that I doubt their statements have any effect on the market anymore, the decrease in the price of ethereum we saw some weeks ago had everything to do with the DeFi hype losing strength and the recovery follows the same reasons, however I do not think we are going to see ethereum reaching the 500 dollar mark as people want it, the hype despite going through a recovery is decreasing in intensity as new DeFi scams come every day and put fear in the hearts of investors all over the world.

Arkann

full member

Activity: 714

Merit: 104

Quote from: ?? on ??

It's true though, Ethereum price will rebound as Bitcoin hold steady, not only Ethereum,
every single altcoin will rise up if Bitcoin hold steady

Over the past 24 hours, Ethereum has shown very good results (3%), which even outperform bitcoin (-2%). I believe that this is primarily due to the statement of the developers, who set the next date for the Ethereum 2.0 update for November. Raoul Jordan, who is the Ethereum 2.0 developer at Prysmatic Lab, said November could look very good to launch an update from his point of view.

Benefactor

hero member

Activity: 1260

Merit: 504

Bitcoin is the big coin in this crypto market it's proven to all and the whole market coins price level might depends on it and when the price of bitcoin raised then others also been effect much and they might pump as well. Recently bitcoin reached at 12k+ that price is highest price in this year and Ethereum as well been passed 500$ it's price level though the both coins price level goes down and again and there is a possibility of raising the Ethereum where v2.0 will introduce very soon and defi project also might be contribute to raise the price for ETH. Let's see what happen actually.

Hallmader

sr. member

Activity: 1123

Merit: 253

There is nothing to worry about the hard downward movement that we've seen in Ethereum and Bitcoin in the past weeks. There was a bull run but sensing that the price has already climbed higher, those who were able to buy earlier must have though it best to dump while the rising continues. They have surely made a profit already. That must be one huge dump because the price was really falling down very quickly.

But it does not stop the bull run. We are still in the bull run sentiment. Ethereum will be back at $400 soon and BTC at $12k.

shoreno

full member

Activity: 1750

Merit: 118

Quote from: carlisle1 on September 16, 2020, 08:52:08 AM

Quote from: Chainsmokers on September 15, 2020, 11:38:31 AM

nothing seems appealing to ethereum Ethereum prices are very difficult to climb high and the movements in the market just make me sick, i don't know when ethereum is back up again especially with the high cost of GAS a lot of people run, using the ethereum platform and it will have a negative impact on ethereum

are you Joking?ethereum price climbs Up from almost 200$ to almost 500$ in just a 2 weeks time so how come that ETH price is difficult to Climb high?

And also in 2018 ETH starts the Altcoin season By climbing more than $1,400 before other alts starts to rise as well.

maybe he wasnt updated and he was stuck on what he sees on the past in regards to eth performance but previously eth has changed . its price pumped noticeably compare to other coins . this is consider as appealing to me but i dont know about him if he isnt convinced with that yet . the 2018 remarkable event for eth is an old story and we can just disregard it because the topic here is about the recent achievement of eth . only the transaction fee of eth is a turn off but thatl soon be patch or people will get the hang of it if isnt .

Bezobraznike

sr. member

Activity: 1274

Merit: 261

★Bitvest.io★ Play Plinko or Invest!

Quote from: ?? on ??

It's true though, Ethereum price will rebound as Bitcoin hold steady, not only Ethereum,
every single altcoin will rise up if Bitcoin hold steady

Bitcoin is rising too, take a look for yourself! All alt-coins follow Bitcoin price changes, but it's not literally like that!
Alt-coins follow when it comes to big changes in price, when we have big rises and drops. On every day fluctuation we
can't have the same look. Ethereum made few extra points, but that doesn't mean much, people have that habit to make
something from nothing. Don't consider a couple of days as perimeter, take a month or half of the year and you will get what
I mean.

Mame89

hero member

Activity: 1736

Merit: 501

Quote from: Chainsmokers on September 15, 2020, 11:38:31 AM

nothing seems appealing to ethereum Ethereum prices are very difficult to climb high and the movements in the market just make me sick, i don't know when ethereum is back up again especially with the high cost of GAS a lot of people run, using the ethereum platform and it will have a negative impact on ethereum

Let's just wait, bro, I'm sure ethereum will never be bad even though the current high transaction costs will greatly affect interest, especially for beginner investors, they will definitely think first, but we need to think positively because behind all this there is a team who of course must be thinking about restore the situation for the better.

carlisle1

hero member

Activity: 2744

Merit: 541

Campaign Management?"Hhampuz" is the Man

Quote from: Chainsmokers on September 15, 2020, 11:38:31 AM

nothing seems appealing to ethereum Ethereum prices are very difficult to climb high and the movements in the market just make me sick, i don't know when ethereum is back up again especially with the high cost of GAS a lot of people run, using the ethereum platform and it will have a negative impact on ethereum

are you Joking?ethereum price climbs Up from almost 200$ to almost 500$ in just a 2 weeks time so how come that ETH price is difficult to Climb high?

And also in 2018 ETH starts the Altcoin season By climbing more than $1,400 before other alts starts to rise as well.

geyayy

full member

Activity: 588

Merit: 100

Quote from: glowing10 on September 15, 2020, 12:17:34 AM

Quote from: cassavachips on September 13, 2020, 10:27:49 AM

What a stressful week, bitcoin is down and altcoins are in a big panic. Ethereum which was going towards $500 failed and fell back below $400. When bitcoin becomes calm and stable, it is a moment for altcoins to recover but only a little and just waiting for bitcoin to rise or continue to fall

With bitcoin bouncing back and moving above 10750$ today it is a good sign that bounce back seems to be on the cards. Thus, with the rise of btc prices, ETH has started to also move upwards and seeing them at 375$ approx which has risen by 3% in last 24 hours. So if btc can cross 11k then we may also see ETH inching close to 400$ mark back again.

I agree, Bitcoin really is making all other coins or cryptos bounce up or down. All we can do is to pray for the whales to invest more and withdraw less. Being volatile in price, we can just either wait for it to pump hard so we can make profits or just dump and hold the coins we have until its pump again. Altcoins will always do great when top coins will stay pumping.

Cnut237

legendary

Activity: 1904

Merit: 1277

Regarding any expectation of large upwards price movement in ETH or any other big coin... I think the biggest driver of prices in the near future will come from outside crypto. The pandemic is still raging, and the economic effects of the lockdown are not yet really being felt... that is all to come. Add to this that we are heading towards northern hemisphere winter, when the expectation is that cases will surge again, and new periods of lockdown cannot be ruled out. When the wider economy suffers, often the first thing people do is to lessen their exposure to risky assets - and crypto certainly falls into that category. I wouldn't be surprised if the coming economic stresses trigger some significant downwards price pressure in crypto.

Topic: Ethereum Rebounds as Bitcoin Holds Steady (Read 597 times)