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Topic: Etherum. Correction or long term downtrend (Read 257 times)

newbie
Activity: 6
Merit: 0
July 31, 2018, 06:26:22 AM
#39
Some say that Ethereum has reached its peak valuation and it will be a downturn from now on and this is because of the fact that it has shared its Blockchain and bound its smart contract with a majority of the failing icos which has lead it to loose consumer trust.
jr. member
Activity: 280
Merit: 1
"WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN"
I suppose that ETH is a long term project because it is developing despite of its dips. The common trends show the increasing so it’s just a long term trend.
newbie
Activity: 42
Merit: 0
This is the beginning of 2018, the uptrend is still very long time, you should invest it for its long-term investment.
sr. member
Activity: 602
Merit: 252
It is not clear whether the ethereum is under correction or its the downtrend. Going through the growth levels it is clear that the price fall of ethereum is taking place almost in a mutual manner along with the bitcoin. This is quite a varied experience compared to the past market situation. As the market of bitcoin has begun to progress can expect ethereum to grow along with it.
member
Activity: 308
Merit: 15
Who would conclude this is a correction or long-term downtrend? The answer is I don't think there is anyone because I personally will not say anything on that yet. We have to wait and see if it's correction or long-term downtrend but I keep holding and buying more, I believe in the coin though
jr. member
Activity: 62
Merit: 3
Eth will follow btc when the bull run starts back up. We'll see bitcoin over 10k and eth back over 1k in no time.
sr. member
Activity: 784
Merit: 250
It's just the pump only and must remain wary. up to now it is back down to a worse position. so I think for this time don't rush to sell. hold as long as possible and if possible then buy that still can afford to purchase. It was the best that could be done.
full member
Activity: 518
Merit: 102
If you didn't sale eth yet its better to hold it , propbable one or more year already. eth will grow but slowly I think.

I do not agree with you, it seems, that now is the bottom of the year and we shoul see the run by the end of the year.
If it will not heppen, then we will se rapid growth during the beggining of 2019.
sr. member
Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
The overall crypto marketcap has shrinked and most of the coins are experiencing price fall. This is a correction after a massive rise last year. I choose to hold.
full member
Activity: 350
Merit: 100
I think the ethereum is really suitable for long term investment since the services they have raise more income that can be used by them to fund their goals and wants they want to be in future.
member
Activity: 140
Merit: 10
OPEN GAMING PLATFORM
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
I think it's a downturn, before the crypto market begins to grow. As they say, this is a calm before the storm. We need to wait a bit and the market will grow again.
member
Activity: 364
Merit: 16
https://crowdsale.network
Just a correction. Keep holding. Be patient. The next bull run is about to start soon. If not an investor yet, get some at below $500 while you stil can.  Smiley
member
Activity: 308
Merit: 10
I'll vote for HODL, because I'm sure in the future, the price of ethereum will go up, probably going beyond what he accomplished in the first quarter of this year, we just need to stay patient and wait quietly
I agree with your opinion. Now we should buy ETH because the price of ETH is very low. We should wait patiently for about a year or two. Certainly, the ETH price will rise to $ 2,000
member
Activity: 333
Merit: 10
Lifestyle & Wellness Platform
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
100% of the market is controlled by bitcoin and ETH is no exceptions. Therefore, the price of ETH can not increase. If bitcoin is increased, then ETH and Altcoin can increase. That is my opinion
newbie
Activity: 17
Merit: 0
The decline is only temporary. Ethereum is the most valuable product in the next two years. do not panic.
newbie
Activity: 99
Merit: 0
ethereum is correcting and you should  hold you eth strongly because it will still rise in value,ethereum is rising now,ethereum will still hit a high value before they year ends,
full member
Activity: 504
Merit: 106
🚀🚀 ATHERO.IO 🚀🚀
This is normal considering the fact that the market is going down as well. I am sure that investors are expecting it to go down. It is painful to see ETH go down below $500 especially if you already invested before the dump. Hodling is the best thing that we can for now. If you still have capital, you can buy some more while the price is low. Sell it by the time that you can earn and do panic selling.
member
Activity: 448
Merit: 10
Join FlipNpik Telegram : t.me/flipnpikico
If you didn't sale eth yet its better to hold it , propbable one or more year already. eth will grow but slowly I think.
full member
Activity: 602
Merit: 100
I hope the developers implement all their ideas and the project will be followed by success, which will lead to further growth in the price of ETH. It remains to be hoped that by the time when the project will begin to complete the main stages of its roadmap and launch its ecosystem on the blockchain of ethereum - Vitalik and the team will be ready to provide a ready solution.
legendary
Activity: 1330
Merit: 1003
I think that ethereum itself is just following the price trend of bitcoin right now just like all other altcoins, there is no way to tell if this will be a continous downtrend because if you remember correctly, we have been here before and then the price recover so much that the price of bitcoin was actually just shy of 10k, so like always we would have to wait and see.
newbie
Activity: 98
Merit: 0
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed

It all depends on Bitcoin. If it falls by $ 3,000, then Ethereum, even with the best news, will also go to the bottom. Here we can only wait for a general market turn to make some positive forecasts.
newbie
Activity: 154
Merit: 0
ethereum is correcting and you should  hold you eth strongly because it will still rise in value,ethereum is rising now,ethereum will still hit a high value before they year ends,
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
The main reason for the fall of the ethereum is that bitcoin falls. I think it's too late to sell.Hold it better
member
Activity: 226
Merit: 10
Yes, this amazed me also, in the past those correction took less time, then they take now, so the thinks are some kind of strande, I only hope that this is a coincidence, and not more than that.
member
Activity: 566
Merit: 10
Ethereum is not the only coin in the market seeing correction, almost all top coin are also seeing correction, it is a natural phenomenon which btc and top altcoins can't avoid.
legendary
Activity: 1218
Merit: 1007
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
If Bitcoin moves then the market moves along with it in most cases, the only significant and consistent example of a crypto not doing that is Tether where it remains relatively the same on a consistent basis (because that's what its supposed to do). Whether we like it or not, Bitcoin is still a major indicator of the crypto-economy at large and it will influence all other cryptos in the direction that it takes. Good or bad.
jr. member
Activity: 574
Merit: 2
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed

You typed prolific so I don’t really think this is a newbie lol


I think the negativity surrounding btc at the start of the previous week caused a lot of uproar and downtrend
Which caused the dip
But even still
You have to hodl
Dumping could cause regrets in couple of weeks
hero member
Activity: 896
Merit: 521
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
Bitcoin price action determines the market movement. Right now, market is too young and no one is trying to value other coins than BTC. Institutional money is waiting to enter BTC. If BTC can gain institutional recognition and become store of value, perhaps a decoupling could take place where each coin is valued fundamentally and market doesn't move according to BTC. Right now, I think more correction is due but that won't be a deep one. You can hodl right now with a stop loss of 10%. I expect BTC to jump back after touching $5800 and their won't be any further correction. So, a stop loss of 10% can save you.
newbie
Activity: 165
Merit: 0
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
All falling coin prices include ethereum, it is a common correction due to the nature of the crypto fluctuations. I think the ethereum will be able to get through it well, because ethereum is an altcoin that has the potential and a bright future. A drop in the price of ethereum up to $ 500 is normal. Looking at the history of last year, I believe the ethereum will show a high price this year. So, holding it is a wise choice.
legendary
Activity: 2366
Merit: 1206
Personally i think 400-450 is longterm support for ethereum and a good buying opportunity but if breaks below this range then we can expect further downside to around 300 but i think it will not break down and will start geowing after hitting the support as it is doing now.

It seems to be real:) After SEC said that ETH is not a security token I think price in the nearest future will increase step by step. But still Bitcoin's influence is very strong.
I agreed on you that the influence of bitcoin to altcoins is very strong, I think that the reason why ethereum will remain decreasing at this moment in the market cap. No doubt with ethereum, this coin has a great technology that mostly ICO's project used. So, there's no reason we wait for long term for ethereum price as long as bitcoin will raise I am pretty assure that ethereum were quickly follow too.
I never doubt this coin besides, I am now starting collecting and investing into this ethereum.
newbie
Activity: 252
Merit: 0
Personally i think 400-450 is longterm support for ethereum and a good buying opportunity but if breaks below this range then we can expect further downside to around 300 but i think it will not break down and will start geowing after hitting the support as it is doing now.

It seems to be real:) After SEC said that ETH is not a security token I think price in the nearest future will increase step by step. But still Bitcoin's influence is very strong.
member
Activity: 1022
Merit: 20
RiveMont
Personally i think 400-450 is longterm support for ethereum and a good buying opportunity but if breaks below this range then we can expect further downside to around 300 but i think it will not break down and will start geowing after hitting the support as it is doing now.
hero member
Activity: 2268
Merit: 789
At the current time of writing, Ethereum has the best recovery in the last 24 hours among the to 10 cryptocurrency by total market cap.
It's normal for some to rise more or less but the maths becomes more important in the longer run.


I consider Ethereum as one of the altcoins who definitely has the potential of its value maturing in the future. Like what you mentioned, since ethereum has shown positive price increase despite being down from time-to-time, then give it some time. Price decreases are normal in the cryptocurrency world as its volatility and decentralized nature dictate its price. Though there may be some factors, those are primarily what makes its price controlled in the market.
sr. member
Activity: 560
Merit: 251
I'll vote for HODL, because I'm sure in the future, the price of ethereum will go up, probably going beyond what he accomplished in the first quarter of this year, we just need to stay patient and wait quietly
hero member
Activity: 1008
Merit: 537
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed

This price drop over all the crypto currencies are really bad for the investors you need to wait for some months and then we will find the good growth in the price of btc, ethereum and all top alts mate.
I am mining ethereum with nanopool because of mining efficiency seems good but profit very little bro.
full member
Activity: 946
Merit: 105
At the current time of writing, Ethereum has the best recovery in the last 24 hours among the to 10 cryptocurrency by total market cap.
It's normal for some to rise more or less but the maths becomes more important in the longer run.
sr. member
Activity: 574
Merit: 251
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed

We are over the course of correction only. Last year prices were hiked to the hottest peaks ever but that was unexpected hike or many says that it was perfect stepped up manipulation that was done earlier. This led the market to receive out of the box volume which it wasn't supposed to get in first place but it did.
This happened with all the crypto currencies and thus now they all are getting corrected to the right prices. For ETH 400-500 USD has always been base price and thus I dont think it will drop beyond this rates.
newbie
Activity: 156
Merit: 0
It's understandable.The price of Etherium falls against the background of the General market drawdown... And by the way compared to other alithinou Etherium dropped in price is not much
newbie
Activity: 8
Merit: 0
Besides Bitcoin, during the past week, we saw Etherum also dip seriously against the dollar, breaking previous supports and moving as low as 530; Is this just Etherum making a correction or should we expect more moves to the downside. HODL or Sell?? Lips sealed
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