Ethereum Resuscitate - Better chances to Touch 160$ standard

BartS

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Quote from: Harrydose on November 29, 2019, 01:49:16 AM

Ethereum appears to restore at a decent pace moving above $140 and $142 obstruction levels against the US dollar. In the end, this invigorates the bulls driving the cost over the $150 resistance region.

With this, some different accelerations were additionally invited when the value additionally raised over the $152 obstruction level. Ethereum by and by is combining increases in the wake of rotating around the $155-$156 benchmarks.

Source: TheCoinRepublic

No offense but I do not see how ethereum surpassing those levels is going to have any meaning to its long term price, the developers of ethereum are doing a great job but all of that is for nothing if investors are not convinced to invest their money in ethereum.

And with the volatility of bitcoin and all the money they can make with it investors are not interested in any coin not named bitcoin but the next year could offer better opportunities you just need to keep your eyes open and take advantage of them.

jacafbiz

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I think the price of Ethereum would still capitulate like last year that its enters $80 range, we are not far from it. What drove Ethereum price in the last bull run was its downfall, no one is using it for ICO nor IEO. Exchange tokens have stolen her selling point and there is no need to hold. I am waiting for the shift to POS and how it is going to affect the price

Mammothcoin

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Although ETH seems to be moving upwards the past few days, the overall outloom of the market us still potentially bearish. This means its unlikely for ETH to continue on its upward movement, regardless of the hardfork. Personally, I look forward to it breaking support and heading towards the $98 to $100(psychological support) region.

cribusen

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Price should increase, because of the upcoming hardfork, but if ETHs team would not deliver all their promises, ETH is in big danger. Because after the last hardfork, that changed literally nothing, the price dropped at its minimum.

Spaffin

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Quote from: Oceat on December 01, 2019, 04:50:47 PM

It's normal to see Ethereum drops like this since Bitcoin is in dip. As I watch the previous price for a month of Ethereum the price is totally not that bad. From November 2 to December 1 the price is $190 to $150. I reckon the price movement of Ethereum is proportional to the price of Bitcoin.

We just have to look for the movement of Bitcoin in order to get the TA and FA of Ethereum.

Falling prices for Bitcoin or Ethereum is a universal trend in the cryptocurrency market, and not the specific impact of Bitcoin on Ethereum. In my opinion, Ethereum is becoming an independent coin, which has its own blockchain, which is able to develop independently and, due to this, there are chances to improve the investment climate much more. I believe that today cryptocurrency is more affected due to the negative attitude to cryptocurrencies of many states. Nevertheless, it was very strange to observe an increase in the price of a transaction on the Ethereum network a few days ago, when the price rose almost 20 times.

BigBos

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Quote from: Oceat on December 01, 2019, 04:50:47 PM

It's normal to see Ethereum drops like this since Bitcoin is in dip. As I watch the previous price for a month of Ethereum the price is totally not that bad. From November 2 to December 1 the price is $190 to $150. I reckon the price movement of Ethereum is proportional to the price of Bitcoin.

We just have to look for the movement of Bitcoin in order to get the TA and FA of Ethereum.

yes, as I expected, that ethereum follows the development of bitcoin prices, and this happens when bitcoin prices fall. so far, many people say that ethereum prices are recovering little by little. but, I feel this is not the recovery we are waiting for. I'm pretty sure the change in ethereum prices from $ 140 to $ 150 is also due to the growth in bitcoin prices. Well, I'm pretty sure the price of ethereum will reach $ 160 when the price of bitcoin reaches $ 8000, I hope it will happen this month.

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Quote from: Cnut237 on December 02, 2019, 10:10:07 AM

Quote from: adroitful_one on December 02, 2019, 05:30:38 AM

You've got the Ethereum 2.0 update coming which will enable staking. Staking will probably encourage more people to buy Eth. Plus, you've got what should be a bull market coming on with the Bitcoin halving coming up. I would think with those two things, the price of Ethereum should skyrocket.

I would concur. To an extent these known changes will already be priced in, but it does seem logical to conclude that the market will become more bullish in general after BTC halving, and more bullish for ETH in particular once staking is live. And if you couple these to the huge BTC dominance at the moment, it does suggest ETH is set for a rise both against US$ and BTC.

After bitcoin halving the bull run will not immediately gonna take effect in such a short span of time. It is said to happen after a year because it is literally need more months to charge up the price that is ready for the bullish market. But it doesn't mean that ethereum will be greater than bitcoin when there's a bull run.

Cnut237

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Quote from: adroitful_one on December 02, 2019, 05:30:38 AM

You've got the Ethereum 2.0 update coming which will enable staking. Staking will probably encourage more people to buy Eth. Plus, you've got what should be a bull market coming on with the Bitcoin halving coming up. I would think with those two things, the price of Ethereum should skyrocket.

I would concur. To an extent these known changes will already be priced in, but it does seem logical to conclude that the market will become more bullish in general after BTC halving, and more bullish for ETH in particular once staking is live. And if you couple these to the huge BTC dominance at the moment, it does suggest ETH is set for a rise both against US$ and BTC.

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Quote from: zeze18 on November 30, 2019, 09:25:16 PM

Quote from: watergold on November 29, 2019, 02:55:46 AM

Ethereum has begun to show a little bullrun and it will happen in the next few weeks I believe it will reach the desired target.
I have bought ETH around $ 146 now that I have made a profit but at this time I still haven't reached my target because $ 170 will be achieved soon.

I think it's impossible for ETH doing a bull run when bitcoin is still struggling on 7k+ , we need to see bitcoin bull run first before we could see the ETH bull run. End of they year will be always bad days for crypto so we have to be more patient and wait for a good movement from the market next year

I think if you get in somewhere around the $150 area, you'll end up doing really well on Ethereum next year. All signs seem to be pointing towards a big run coming for it. You've got the Ethereum 2.0 update coming which will enable staking. Staking will probably encourage more people to buy Eth. Plus, you've got what should be a bull market coming on with the Bitcoin halving coming up. I would think with those two things, the price of Ethereum should skyrocket. I'm no genius, but it seems logical to me. I'm buying a little bit of Ethereum.

samuraijin

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Quote from: Raflesia on November 29, 2019, 04:09:29 AM

Quote from: samuraijin on November 29, 2019, 04:02:39 AM

Quote from: Harrydose on November 29, 2019, 01:49:16 AM

Ethereum appears to restore at a decent pace moving above $140 and $142 obstruction levels against the US dollar. In the end, this invigorates the bulls driving the cost over the $150 resistance region.

With this, some different accelerations were additionally invited when the value additionally raised over the $152 obstruction level. Ethereum by and by is combining increases in the wake of rotating around the $155-$156 benchmarks.

Source: TheCoinRepublic

if it was easy to do for ETH going to $ 160 it would be even easier going to $ 500, I heard about ETH 2.0 coming January, it should be able to be full support for ETH, but I don't yet know the many advantages of ETH 2.0 with the previous ones, I'm sure Next year 2020 will be the year that new investors come to invest in bitcoin and other cryptocurrencies considering this year is full of bloody struggles ETH under $ 140 some time ago

In fact, I heard that Ethereum 2.0 was delayed again 9 months from now whether it was true or not.
Hopefully with the release of ethereum 2.0 can increase the price to a higher level for profit, there are sure to be many people will wait like this.

give a link where you get the news ETH 2.0 is really delayed, I have not seen anything from the ETHEREUM thread in this forum, they still say this January ETH 2.0 will be released soon, many are waiting for the moment of low prices at the end of this year of course to get profits in the next year, I also take ETH cheap if DUmp still happens

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Quote from: alan2here on December 01, 2019, 04:16:44 AM

In the past, Ethereum was always the number one choice for new ICO projects but now there are almost no projects using this coin.

I don't have any idea what another choice would they have if they were to invest in ICO projects. I know almost all of them are ERC-20 Tokens.

Quote from: alan2here on December 01, 2019, 04:16:44 AM

I think it is difficult for ETH to return to the highest price level because the current investment demand is still very low and bear market is making this coin worse. In my opinion, it is best to hold fiat or stable coin because this coin will have more adjustments before starting to increase in 2020.

That's basically what I said. It could be caused by different factors, not just Bitcoin itself but the best thing to invest in, IMO, is still BTC. What stable coin you specifically are talking about?

Quote from: alan2here on December 01, 2019, 04:16:44 AM

Of course, this is just my prediction and ETH will depend a lot on the value of Bitcoin so wait patiently and consider investing little if you feel this coin is cheap.

If you do this, you would be averaging your bought BTC every time and it's a good idea if you have the spare money.

Oceat

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It's normal to see Ethereum drops like this since Bitcoin is in dip. As I watch the previous price for a month of Ethereum the price is totally not that bad. From November 2 to December 1 the price is $190 to $150. I reckon the price movement of Ethereum is proportional to the price of Bitcoin.

We just have to look for the movement of Bitcoin in order to get the TA and FA of Ethereum.

skiorf

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Quote from: cvasy on November 30, 2019, 11:26:08 AM

I think the current price of eth has not returned to the bullish path because right now there is still some resistance that prevents eth from returning to price increases, and in recent days eth prices are moving slowly and what I fear if hackers who steal 342K eth at Upbit market will sell their eth in the current price conditions, of course, will actually make eth prices more dump in the market.

for me it's not a scary thing, as I said Ethereum is number two crypto after Bitcoin in terms of trading volume, so I think if the 342K ETH was dumped into the market I would be happy about it so I could buy at a low price later. when many people buy it I'm sure the price will recover.

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Quote from: Harrydose on November 29, 2019, 01:49:16 AM

Ethereum appears to restore at a decent pace moving above $140 and $142 obstruction levels against the US dollar. In the end, this invigorates the bulls driving the cost over the $150 resistance region.

With this, some different accelerations were additionally invited when the value additionally raised over the $152 obstruction level. Ethereum by and by is combining increases in the wake of rotating around the $155-$156 benchmarks.

Source: TheCoinRepublic

but today ETH is under $ 150, I will take the opportunity to buy it cheap again and sell it in the short term, I've taken some profits since yesterday it touched above $ 155, so today it drops below $ 150 and makes me want to buy it again

Aaroenz0r

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Quote from: Harrydose on November 29, 2019, 01:49:16 AM

Ethereum appears to restore at a decent pace moving above $140 and $142 obstruction levels against the US dollar. In the end, this invigorates the bulls driving the cost over the $150 resistance region.

With this, some different accelerations were additionally invited when the value additionally raised over the $152 obstruction level. Ethereum by and by is combining increases in the wake of rotating around the $155-$156 benchmarks.

Source: TheCoinRepublic

I have a different opinion. It seems that you are determining the trend of the market more emotionally and this is not one of the things to be praised for because emotions are the enemy of traders. Based on what the candlesticks happened, I believe the sellers are getting stronger and the buyers are no longer able to push the price of ethereum up. Next, we will see ETH's price drop to $ 120 in the coming week. and my conclusion is that we should not trade or buy ETH now, wait for more signals.

alan2here

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Quote from: crwth on November 30, 2019, 04:42:54 PM

Remember the time where Ethereum was at its highest peak, $1200? IIRC. I think the cause of that is the amount of ICO being introduced and a lot of people participating in it, causing the high rise of the demand and would affect the price significantly. Now that ICO's are not a thing anymore, there is Hardly any demand with ETH. That's just my opinion, though, and I don't know if it could get back up to The ATH anymore. It doesn't matter if it touches the $160 because you Can't predict outcomes. It's going to be harder For sure.

In the past, Ethereum was always the number one choice for new ICO projects but now there are almost no projects using this coin. I think it is difficult for ETH to return to the highest price level because the current investment demand is still very low and bear market is making this coin worse. In my opinion, it is best to hold fiat or stable coin because this coin will have more adjustments before starting to increase in 2020.

Of course, this is just my prediction and ETH will depend a lot on the value of Bitcoin so wait patiently and consider investing little if you feel this coin is cheap.

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Quote from: Harrydose on November 29, 2019, 01:49:16 AM

Ethereum appears to restore at a decent pace moving above $140 and $142 obstruction levels against the US dollar. In the end, this invigorates the bulls driving the cost over the $150 resistance region.

With this, some different accelerations were additionally invited when the value additionally raised over the $152 obstruction level. Ethereum by and by is combining increases in the wake of rotating around the $155-$156 benchmarks.

Source: TheCoinRepublic

These are really good support points that we can buy on ETH. But also pray for the price of bitcoin not falling any further, this is one of the best ways to keep the price of ETH at a higher level than the purchase price from now on. because every time the bitcoin dump is strong, the price of ETH will get dumped much stronger.
At the moment the situation of the market is quite unpredictable and we should buy too much. Prepare DCA strategy early to cope with the market movement.

zeze18

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Quote from: watergold on November 29, 2019, 02:55:46 AM

Ethereum has begun to show a little bullrun and it will happen in the next few weeks I believe it will reach the desired target.
I have bought ETH around $ 146 now that I have made a profit but at this time I still haven't reached my target because $ 170 will be achieved soon.

I think it's impossible for ETH doing a bull run when bitcoin is still struggling on 7k+ , we need to see bitcoin bull run first before we could see the ETH bull run. End of they year will be always bad days for crypto so we have to be more patient and wait for a good movement from the market next year

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Quote from: Harrydose on November 29, 2019, 01:49:16 AM

Ethereum appears to restore at a decent pace moving above $140 and $142 obstruction levels against the US dollar. In the end, this invigorates the bulls driving the cost over the $150 resistance region.

With this, some different accelerations were additionally invited when the value additionally raised over the $152 obstruction level. Ethereum by and by is combining increases in the wake of rotating around the $155-$156 benchmarks.

Source: TheCoinRepublic

oh man, this is a false bottom i think. Theres just too much faith in ETH long term for it to be this low, 150$, geez... : /
Whales do funny things tho man, watch for this to just be consolidation, a calm before the storm maybe?
If they stay on track for "2.0" in 2020 (i should see if they still are so far), i can see this as a possible great opportunity to accumulate some cheap eth!

crwth

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Remember the time where Ethereum was at its highest peak, $1200? IIRC. I think the cause of that is the amount of ICO being introduced and a lot of people participating in it, causing the high rise of the demand and would affect the price significantly. Now that ICO's are not a thing anymore, there is Hardly any demand with ETH. That's just my opinion, though, and I don't know if it could get back up to The ATH anymore. It doesn't matter if it touches the $160 because you Can't predict outcomes. It's going to be harder For sure.

Topic: Ethereum Resuscitate - Better chances to Touch 160$ standard (Read 333 times)