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Topic: Ethereum Rebounds as Bitcoin Holds Steady - page 2. (Read 552 times)

hero member
Activity: 3010
Merit: 629
September 16, 2020, 03:31:34 AM
#30
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
Well thats how it goes, crypto is high volatile so its normal seeing the price fluctuates. Its better to manage your expectation, we cant assume that the price will continuously increase because it can go down in snap. Nevertheless eth can reach $500 value, who knows it might happen before this year end, nothing is impossible since eth is one of the good coin in the market.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
September 16, 2020, 02:39:14 AM
#29
Is anyone actively following the price action on bitcoin lately? Since the decline from ~ $12K levels, everyone was so sure that the CME gap at $9.6K would get filled. After Bitcoin stabilized for about a week above $10K, Its now testing new resistance levels and filled the other gap at $10.6K. Suddenly, Everyone is no longer bearish and turned bullish.

Anybody thinks we would have a leg down below $10K anytime soon? Would appreciate a response from either a technical or fundamental standpoint. What about Alts?
Currently the whole crypto market seems bearish other than bitcoin, there is an appreciable gain on Bitcoin's price in the last 24 hours and on the move of reaching $11k, which shows those Hype of Defi is getting over and people started to move their funds to better coins.

Bitcoin can't increase higher, but it is at the sideways trend. We hope that will not stay like that too long, but there is a chance to see the bitcoin price will be like that for the rest of this week. Meanwhile, the altcoin is getting down too, and some of the altcoins drop deeper. The Defi tokens seem to follow the bearish trend because I see yfi and yfii are getting down. But we don't know if the Defi trend will be over soon or continue the uptrend, but we will see it later.

We can hope that the crypto market will be back to the higher price, and I am sure that soon, bitcoin price itself will break $11k because we almost see that price.
legendary
Activity: 1904
Merit: 1277
September 16, 2020, 02:07:10 AM
#28
ETH's recent rise has been caused by two things, expectation of the move to 2.0, and a lot of FOMO about DeFi. The key contributor to price volatility here is the FOMO. It's reminiscent of the ICO craze of 2017. Whilst this does mean that prices can rise dramatically, it also means that any negative DeFi news can cause a dramatic drop, too. That's what's happened here. Long-term, ETH still looks great, and DeFi certainly has a lot of potential. But we must remember that sudden large price increases are often followed by equally dramatic pullbacks.
sr. member
Activity: 2436
Merit: 272
Eloncoin.org - Mars, here we come!
September 16, 2020, 02:00:16 AM
#27
Is anyone actively following the price action on bitcoin lately? Since the decline from ~ $12K levels, everyone was so sure that the CME gap at $9.6K would get filled. After Bitcoin stabilized for about a week above $10K, Its now testing new resistance levels and filled the other gap at $10.6K. Suddenly, Everyone is no longer bearish and turned bullish.

Anybody thinks we would have a leg down below $10K anytime soon? Would appreciate a response from either a technical or fundamental standpoint. What about Alts?
Currently the whole crypto market seems bearish other than bitcoin, there is an appreciable gain on Bitcoin's price in the last 24 hours and on the move of reaching $11k, which shows those Hype of Defi is getting over and people started to move their funds to better coins.
hero member
Activity: 1820
Merit: 566
September 16, 2020, 12:48:06 AM
#26
The Trend seems like turning back into Bitcoin because since yesterday Bitcoin is staying green While ethereum is still Bloody

https://coinmarketcap.com/
This is expected ever since some whales moved their ETH to exchange site according the information provided by whales alert in the below links and it could intentionally to sell the ETH to buy BTC during the dump
https://whale-alert.io/transaction/ethereum/0cd04823e63ce5a2258585567eda444ae26449c66df636d70fa5f675cd5f9989
https://whale-alert.io/transaction/ethereum/7bd542511a496a05e4cf808fd0fa1d65e28db723281f1721c2149d1f88bb4323

Anyway does the DeFi projects still Kicking good?or starting to fade and reveal whats the true behind the Hype?

Pollkadot is less bad than ChainLink though Both of them are reddish Yet LINK is now down at %10 and from 19$ now sitting at $10 and still dropping.

So wondering whats the Sentiments of those Who believe on these currencies?
It will be next year before the hype about Defi project will end and it can even be more if the project owners are able to manipulate the market. However, I believe the whales are also behind the dump in price the two projects because they are the major player now.
full member
Activity: 2478
Merit: 215
★Bitvest.io★ Play Plinko or Invest!
September 16, 2020, 12:18:29 AM
#25
The Trend seems like turning back into Bitcoin because since yesterday Bitcoin is staying green While ethereum is still Bloody

https://coinmarketcap.com/

Anyway does the DeFi projects still Kicking good?or starting to fade and reveal whats the true behind the Hype?

Pollkadot is less bad than ChainLink though Both of them are reddish Yet LINK is now down at %10 and from 19$ now sitting at $10 and still dropping.

So wondering whats the Sentiments of those Who believe on these currencies?
sr. member
Activity: 2394
Merit: 267
Vave.com - Crypto Casino
September 16, 2020, 12:09:15 AM
#24
We must be optimistic if we see the increase in the price of Bitcoin today, imagine a few days ago Bitcoin was only at a price of $ 10,300.
And now Bitcoin has gone up to $ 10,700. A rise in Bitcoin of around $ 400 is a good sign, usually followed by a rise in altcoins. So I believe
Ethereum will be able to return to $ 400 this week.

many possibilities could occur because there is still a long time for bitcoin to move to go up, so several times bitcoin has increased and fell again. but that will not make bitcoin will lose confidence to rise again only there is still a long time to go to the end of this year. all altcoins will also experience the same as with bitcoin and ethereum is no exception.

if bitcoin returns to go back to $ 12K then you can bet ethereum will also increase and $ 400 can easily be reached. Everything now depends on bitcoin and it doesn't look like there is a good and independent move from altcoin, it all depends on bitcoin.
full member
Activity: 1190
Merit: 117
September 15, 2020, 07:32:25 PM
#23
We must be optimistic if we see the increase in the price of Bitcoin today, imagine a few days ago Bitcoin was only at a price of $ 10,300.
And now Bitcoin has gone up to $ 10,700. A rise in Bitcoin of around $ 400 is a good sign, usually followed by a rise in altcoins. So I believe
Ethereum will be able to return to $ 400 this week.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
September 15, 2020, 05:33:00 PM
#22
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

It same goes with bitcoin and if you see the price for the past couple of months you can see the price really stretch up at this moment, although we got some several bad dumps but still the price of ethereum is bit ok by now. It has a good movement for day tradings and we can earn with it so I still see ethereum as worthy and a good option to trade.
sr. member
Activity: 1372
Merit: 252
September 15, 2020, 12:38:31 PM
#21
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
hero member
Activity: 2184
Merit: 585
You own the pen
September 15, 2020, 10:31:48 AM
#20
This is the longest hold of the Ethereum on its price since last 2018 where it fell right after it reaches a higher mark price at that time. Now that it holds almost 100% than its last price, the chances of getting that price again are higher than last year. what I mean is, it could reach up to $800 again if they can just manage to fix the transaction fees issue which is the main reason for the annoyance of most of the Ethereum network users. the transaction fees itself will make the trader lose his hair because as we are talking right now, it's making a new record for the highest transaction fees of ETH even at the minimum rate.

Damn! this rates are not funny, my friend:

https://ethgasstation.info/



full member
Activity: 812
Merit: 142
September 15, 2020, 01:17:34 AM
#19
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.
hero member
Activity: 2884
Merit: 529
Leading Crypto Sports Betting & Casino Platform
September 15, 2020, 01:14:51 AM
#18
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
Bitcoin can still hold the 10k support and is it a big down that happened with bitcoin? you should watch the market again and so many scam defi is also giving a very big impact on the market too. The fall back that happened with ethereum is just temporary and it's starting to go up again.

A pump that will happen for bitcoin must be driven by the very good news that builds a fundamental that will create big support in the market.
You should not worry about that as there is a bunch of good news have already come for sure.

Ethereum has already broken the $370 resistance and this trend looks very bullish.
hero member
Activity: 2184
Merit: 798
Top Crypto Casino
September 14, 2020, 08:43:24 PM
#17
Is anyone actively following the price action on bitcoin lately? Since the decline from ~ $12K levels, everyone was so sure that the CME gap at $9.6K would get filled. After Bitcoin stabilized for about a week above $10K, Its now testing new resistance levels and filled the other gap at $10.6K. Suddenly, Everyone is no longer bearish and turned bullish.

Anybody thinks we would have a leg down below $10K anytime soon? Would appreciate a response from either a technical or fundamental standpoint. What about Alts?
sr. member
Activity: 2506
Merit: 368
September 14, 2020, 07:57:02 PM
#16
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
Do you really need to be that stress if there's a drop of price? I think it's all just balance in terms of growth and price drop since this is an open market traders can trade anytime they want. There's always a good time for buying and selling it's not always a one side of the coin. Just take this as a blessing in disguise since you can restack/buyback from this price drop then wait for the market to rise again to sell. Don't worry too much since we aren't in the bull run yet that's why accumulate as much as you can until the bull run happens.
Not all folks would be calming down when they found out that their coins holdings decline at worst price. Though we need to be stabilized, I don't think it's all behind our control because whatever plans made by whales we aren't going to catch it up. That's normal to have emotional breakthrough on this recent situation, and what's important is you develop a good learning strategy before possible bullrun would commence.
They were just expecting too much that's why it happens if they were really into the market just for the sake of profit then why sleep when you can look at the market just to make sure you will get a profit? Although, the doesn't work that way it is very unpredictable no matter what we do that's why if you see the green already just dump it down and wait for the buyback.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
September 13, 2020, 07:11:26 PM
#15
I just hope the trend continues because I have a lot of ETH that I didnt change to BTC. If BTC keeps going up it will pull all the alts with it
Are you a day active trader or a long term one? If you do actively trade then better sell it out when you are already on greens.Trends or price increase doesnt really hold up that much

but somehow movement doesnt really rely on any sentiments in the market.It can shoot up or dump unexpectedly.Also, always think that price of bitcoin and altcoin doesnt correlate from time to time.

It may oppose or would tag along thats why it would really needed up some fast price action on your part if you do like to make gain with it.
hero member
Activity: 1764
Merit: 505
#SWGT PRE-SALE IS LIVE
September 13, 2020, 06:55:50 PM
#14
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
Do you really need to be that stress if there's a drop of price? I think it's all just balance in terms of growth and price drop since this is an open market traders can trade anytime they want. There's always a good time for buying and selling it's not always a one side of the coin. Just take this as a blessing in disguise since you can restack/buyback from this price drop then wait for the market to rise again to sell. Don't worry too much since we aren't in the bull run yet that's why accumulate as much as you can until the bull run happens.
Not all folks would be calming down when they found out that their coins holdings decline at worst price. Though we need to be stabilized, I don't think it's all behind our control because whatever plans made by whales we aren't going to catch it up. That's normal to have emotional breakthrough on this recent situation, and what's important is you develop a good learning strategy before possible bullrun would commence.
sr. member
Activity: 2506
Merit: 368
September 13, 2020, 12:45:42 PM
#13
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
Do you really need to be that stress if there's a drop of price? I think it's all just balance in terms of growth and price drop since this is an open market traders can trade anytime they want. There's always a good time for buying and selling it's not always a one side of the coin. Just take this as a blessing in disguise since you can restack/buyback from this price drop then wait for the market to rise again to sell. Don't worry too much since we aren't in the bull run yet that's why accumulate as much as you can until the bull run happens.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
September 13, 2020, 12:41:06 PM
#12
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
This isn't a stressful week, because there is regular price fluctuation. One who has been observing the market closer could've made good profit depending on the capital investment. We can't say bitcoin holds steady, ethereum on the other side bounced back reaching close to $375 and has now fallen back to $350. It is the time to profit out of continued trading than holding for a big profit.
sr. member
Activity: 994
Merit: 261
September 13, 2020, 11:27:49 AM
#12
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
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