Ethereum signaling the next bull run for other cryptocurrencies - page 3.

fullhdpixel

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Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

Ethereum is certainly doing better than expected. I wasn't expecting it to be close to ATH this quickly but it managed to not drop too much on the recent corrections and this meant that with the new increases it was able to grow a lot closer to the ATH prices.

I personally feel like there is a good chance it could actually make a good amount of money in the future as well, it is not going to be piece of cake to reach to ATH price, but it is so close as well which means at least it is easier than before now. Let's see it go beyond 4k+ first, that will be a big deal and after that we could see it grow even bigger as well. It is definitely going to be awesome, the price will break ATH for sure, I just don't know when it will do that.

Bitstar_coin

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Eth is almost hitting 4k as we speak, very bullish this past few days, so far i don't see other alts following along with eth perhaps this will happen later, it will be nice to see other alts as bullish as eth is, the only alts i can see performing same is sol (the ones i know though) so if eth can trigger the next bull run then am looking forward to it because am holding some alts i would like to see performing well too.

SquallLeonhart

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Quote from: slaman29 on September 02, 2021, 07:53:32 AM

I saw that sudden price increase too and was quite surprised, didn't think ETH would spike when gas fees are so high. But I guess now BTC is breaking 50k again for once it has to thank ETH markets for being the instigator of the current rally.

Wednesdays are dips, Thursdays are the new Fridays;)

Gas fees are still quite high but both the market is in green so everything is going up which is the situation right now, but also ethereum is getting a lot of attention even with the high gas fee which makes it a lot more valuable these days.

With all the NFT gaming and all that going on right now, there is way too much hype around the things that are based on ethereums blockchain and which is why there are too many people who buy eth and use it instead of selling it and that results with price going up consistently. However this new increase is mainly due to the fact that the whole market is up, bitcoin is up, bnb is up, everything is up right now so it would be shocking to not see ethereum go up as well during this period, it is only normal for it to go up when all others already did.

alisonwonder

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Quote from: RILWAN on September 03, 2021, 04:01:58 AM

For ethereum to have sustained its present price of 3,800 for the past few days shows how strong we are in the altcoin season, some other NFT projects also jumped in price within the early days of this week. But at the moment the entire cryptocurrency market is on a stable mode right now.

Ethereum will still increase until it passes the price of $4K for one unit, why do I say that because so far the increase in Ethereum has continued without a hitch and has never decreased by a large percentage, this indicates that Ethereum will find a new high in the year this.

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Quote from: MrcMrc on September 02, 2021, 02:07:08 PM

Stopping panic selling is not a simple task because whatever you do newbies will still sell at any point there is a fall-off in price They get afraid and sell because of weak hand panic at every slightest action in the market.

Beginners cannot dump coins with a large capitalization, since they do not have enough funds for this. This is subject only to whales who have large financial resources for this. But at the moment when whales start dumping coins, newcomers usually connect to it and sell their coins, thereby further reducing the cost.

RILWAN

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For ethereum to have sustained its present price of 3,800 for the past few days shows how strong we are in the altcoin season, some other NFT projects also jumped in price within the early days of this week. But at the moment the entire cryptocurrency market is on a stable mode right now.

traderethereum

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Ethereum is showing good movements now while the price already reached $3,800 but now the price is down for $3,700.
It is closest to $4,000 and I guess that will reach in the next few days.
If the bitcoin price can back to $50,000, that will be a good time for ethereum to lift the price step by step and at more than $4,000.
I will consider seeing that if bitcoin can back to $50,000, that could be the next altcoin season and the other bull run for bitcoin and we might see that will happen in the rest of the month this year.
But there is no real sign for that thing so we need to be careful and always take profit if you think you already make it so you will not regret not selling your coin at a high price.

jaberwock

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Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

I don’t know about this for sure if there is going to be a bullish trend that will continue. But I have noticed that altcoins has been upping for a while now. I am holding Ethereum and a few other altcoins and I have noticed the Increase. Ethereum did five percent today, and another coin I Hodl (Tron) has increased more than ten percent just today. They are all bullish right now, but I don’t know for how long they will continue, though I really wish that they continue. I have plans to further invest money in altcoins if the trend is going to continue like this. For now I am just going to sit back and watch them closely.

BIN-BIN

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Bitcoin is still the leading giant of the market at the moment and if you look at the market conditions closely you notice that what I give ethereum the height so far is the Bitcoin pair and the percentage difference between ethereum gain and Bitcoin gain within the last 24 hours is just 0.09% so am still of the opinion that ethereum is riding on Bitcoin market at the moment.

jakdanyel

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Nearly the entire market is bullish again these days. Ethereum price reached even $3.8k today. Bitcoin has also broken the $50k resistance today again. It shouldn't be too hard for Bitcoin to continue rising above $50k till $55k at least. And a move like this would affect the rest of the market deeply also. We might see many coins increasing their value a lot in this period.

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Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

The market has been bullish ever since we've seen that most of cryptos were up. This will continue until we finally see the drop to its price.
While it's there, we can all assume that the bull run is still there and cannot be seen where this will be ending because we mostly thought that it's already done.

kro55

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I think the price of Ethereum will go up to $10k this year. Extensive positive speculations about Ethereum are being discussed on social media and crypto-related news portals. If Bitcoin will cross the previous ATH by December, it is confirmed that Ethereum will go $10k. However, with the rise in the price of Ethereum, its gas fees are also increasing, which is a matter of big concern now.

trauchot

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I agree, as soon as the price of Ethereum began to rise, immediately other cryptocurrencies began to rise in price, this is of course very good, but so far I do not think that there will be a huge growth of the cryptocurrency market in the near future, I currently think that by the end of this year a very good growth of the cryptocurrency market is possible, but at the moment we need to monitor Ethereum, since it is possible that Ethereum will reach 4k$ this month, since the bullish trend is now showing itself very well and Ethereum can break through 4k$ even in the coming days.

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For sure it is a good sign.I remember back in 2017 the bull run started in September and ended in December,back then Bitcoin was the igniter but because of that even Ethereum reached more than 1500 USD for a coin which was the first all time high for Ethereum.I hope we have the same scenario here,only this time Ethereum will be up to 8-10k dollars in December and Bitcoin to 100k,that would be our perfect Christmas gift and honestly I believe it will happen and I am waiting for it.

MrcMrc

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Quote from: haidil on September 02, 2021, 12:21:36 PM

Quote from: RussianEnglishTranslation on September 02, 2021, 12:25:00 AM

Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

The market looks bullish for now but you can never tell what the whales are going to do. My strategy is to stake cryptos like ETH, NEAR, Celo and to sell the staking rewards only when the market goes up.

It's not as easy as it sounds, indeed what you say is quite effective if we are able to control the mental situation of beginners during a big big decline. Because at the moment the market looks good and is a good start in September it is possible that the Bullish market will continue. The popes of course use this as a place to roll the dice. So keep trading short term for altcoins.

Stopping panic selling is not a simple task because whatever you do newbies will still sell at any point there is a fall-off in price They get afraid and sell because of weak hand panic at every slightest action in the market.

haidil

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Quote from: RussianEnglishTranslation on September 02, 2021, 12:25:00 AM

Quote from: MrcMrc on September 01, 2021, 11:59:31 PM

In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.

Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?

The market looks bullish for now but you can never tell what the whales are going to do. My strategy is to stake cryptos like ETH, NEAR, Celo and to sell the staking rewards only when the market goes up.

It's not as easy as it sounds, indeed what you say is quite effective if we are able to control the mental situation of beginners during a big big decline. Because at the moment the market looks good and is a good start in September it is possible that the Bullish market will continue. The popes of course use this as a place to roll the dice. So keep trading short term for altcoins.

sammy21

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Right now the market is getting a little green and there may have been a lot of news pushing the market to go green so fast. I personally hope that Ethereum can go up to $4k soon and bring us a lot of profit, and also I hope that this will be the start of the crypto market revival.

rozak

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we must continue to suggest ourselves stay in good market conditions.
but we can't keep expecting the bulls to come in stages even in a fairly short span of time.
this market needs some stabilization, and now we are in that moment. the price goes up and then down, and that situation will happen again and again. until eventually there will be greater support or even a correction that will come

slaman29

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I saw that sudden price increase too and was quite surprised, didn't think ETH would spike when gas fees are so high. But I guess now BTC is breaking 50k again for once it has to thank ETH markets for being the instigator of the current rally.

Wednesdays are dips, Thursdays are the new Fridays;)

Melignya

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Ethereum is switching to Proof Of Stake, although the transition seems relevant, it can also lead to unintended consequences, I read about it on Blockster, I leave the link https://blockster.com/blockdesk/1442_ethereum-is-going-proof-of-stake-how-long-can-it-take

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