if ETH hold above 168, downtrend will be over. - page 2.

cryptothreads

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Quote from: Google+ on October 11, 2019, 11:13:55 AM

I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.

Any major coin will have volatility in this market and ETH will be very difficult to keep current prices because the downtrend is still overwhelming this market. It's hard to talk about the future of ETH but I believe this coin will soon rebound and we will certainly still make good profits. Of course this is only my own prediction as the current market has not shown any signs of good recovery and the recent price of Bitcoin is very unusual.

Maybe we will only see ETH around $160 to $200 this year so if you can choose a good price to invest then consider and hope to make a profit from this coin.

torrantz

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Quote from: bdivrik on October 09, 2019, 12:39:03 PM

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.

Are you not feeling to mention he ATH of ethereum? This is a usual thing in the crypto when the market reacted to the pump and dump in the price of crypto. SO many people have known if ethereum has potential and ethereum is getting a better performance compared with bitcoin these days. the price of ethereum is only following the trend and no more.
Ico doesn't help ethereum again and that's why it must build its own hype.

ePesoInitiative

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Quote from: TravelMug on October 11, 2019, 05:13:06 AM

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

In the ETHUSD pairing, it seems that in the weekly chart, Ethereum has created a support trend line with December 2018 lows of $83, February lows of $104 and now $168. Ethereum must break resistance price at $222 to consider a confirmed trend reversal or at least it doesn't fall below $168.

rmhuntley

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Quote from: Google+ on October 11, 2019, 11:13:55 AM

I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.

All prices in the market are determined by the seller and the buyer. Rising prices and falling prices are common, and they are called fluctuations. But there are many things that affect prices in the market, and maybe that is called a fundamental factor. Where many negative problems will cause prices to fall, and when positive problems prices will go up.
It's hard to maintain ETH prices on the market, but it's possible if bitcoin is in a good trend.

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I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.

suzanne5223

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Quote from: CuriousGeorge on October 11, 2019, 02:05:36 AM

Quote from: bdivrik on October 09, 2019, 12:39:03 PM

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.

It has potential but without the help from ico and that will never reach 1k rate again in the future. you can imagine how much percents of ethereum has already grabbed by ico investors from the market to invest in ico a few years ago.
Ico was a key who helped ethereum to achieve its 1k ath but without the help from ico that's impossible to happen. ico is everything for ethereum

Firstly, the OP presumption is wrong cause the crypto market is yet to be in an ascension trend but ethereum can still make still make the 1K price range without the help of ICOs cause it user, support base level and community opinions implemented by their team make a lot of crypto investors believe in ethereum potential. Mind you, they are yet to finish their system upgrade which would trigger ethereum surge on price.

shadowdio

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I guess the downtrend is over for ETH because ETH touched $190 price even the market is in bad condition. I'm sure ethereum will pump if bitcoin increasing $10,000, hopefully happens before end of this year.

kapalmabur

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Quote from: alan2here on October 11, 2019, 06:22:45 AM

Quote from: TravelMug on October 11, 2019, 05:13:06 AM

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.

as long as bitcoin and bitcoin dominance are still high, we will not see altcoin season, including ethereum prices,
currently bitcoin dominance is still high 66.8% and this makes altcoin difficult to rise,
we have to be a little patient, maybe trading your ethereum is one way the wise

Quidat

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Quote from: alan2here on October 11, 2019, 06:22:45 AM

Quote from: TravelMug on October 11, 2019, 05:13:06 AM

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.

On any markets its just normal to have that bear market because we cant see for a market to be always on increasing or in bull.
These times are the best times to see this as an opportunity or simply the chance on buying the dip.The hard part is that with this
very unpredictable market, we cant able to determine which one is the bottom.We cant make precise inputs on any prices to be considered
as the last bottom before we would shoot up.Theres always a tendency for break out.

alan2here

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Quote from: TravelMug on October 11, 2019, 05:13:06 AM

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.

ss890

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I think the only way for end of bear market is when People will change their perspective towards cryptocurrencies. Moreover bull run has always started with BTC and you should better look at the charts of BTC to predict when bull run is coming instead of predicting it using ETH charts. I think that would be more appropriate.

TravelMug

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This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

Natalim

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Quote from: samir1995 on September 28, 2019, 10:05:56 AM

if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

It would be nice if you back it with some analysis, a chart attachment would be nice to see and we can share our ideas also.

We know everyone of us has our own prediction on ETH and I believe most of us are bullish so we don't want to see some downtrend, personally I believe that we will never gonna see ETH valued below $100 before the end of the year and will continue in the years to come.

The price which was below $100 that we saw was a blessing and if we are smart, we sure have accumulated that time.

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Quote from: bdivrik on October 09, 2019, 12:39:03 PM

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.

Every altcoin has potential but what needed is to increase the utility and people's interest in the coin. Choose any shitcoin from the list, try using its utility, convince people to invest in it and see the difference. Price will increase many-times. ETH is no difference, it too requires people's support which it somehow lost in recent time.

bdivrik

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Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.

CuriousGeorge

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Quote from: bdivrik on October 09, 2019, 12:39:03 PM

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.

It has potential but without the help from ico and that will never reach 1k rate again in the future. you can imagine how much percents of ethereum has already grabbed by ico investors from the market to invest in ico a few years ago.
Ico was a key who helped ethereum to achieve its 1k ath but without the help from ico that's impossible to happen. ico is everything for ethereum

atjiat

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Quote from: Silberman on October 09, 2019, 11:48:51 AM

Quote from: emreunsal10 on October 05, 2019, 03:59:23 PM

Quote from: Silberman on October 05, 2019, 03:06:03 PM

Quote from: gaston castano on October 03, 2019, 03:33:45 AM

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

If you take a look at the daily charts you will see that the market is completely undecided about what to do, one day the market goes up and the next one it goes down by almost the same amount, it seems investors do not know what to expect and this is natural since it seems like there are many good news coming from the developers of ethereum but the market is not reacting, and if this continues I will not be surprised if the price of ethereum goes down during the next weeks.

i wouldn't use the word like "undecided", from my view it looks like more of an accumulation phase for alts. eth is major one, so good news from devs surely will effect the price sooner or later.

Well ethereum is going up once again so you could be right, but what happens is that I do not want to get too excited since 2 weeks ago ethereum was seemingly giving positive indications that it was ready to begin a positive movement and then the price crashed in a matter of hours, obviously this is was not the fault of ethereum as all the market crashed at the same time but still that left a strong impression on me and I am debating myself between letting the market show to me even more positive indications or if I should buy ethereum today.

I very much hoped that this would not happen with Ethereum, as many analysts expressed their opinion that Ethereum became independent of the entire cryptocurrency market and even independent of the price of Bitcoin. Nevertheless, we observed a rather strong drop over the past few weeks. The fact that Ethereum has become a full-fledged coin, with its own blockchain, with high scalability, gives us hope that in the future we will observe only the real growth of Ethereum.

Silberman

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Quote from: emreunsal10 on October 05, 2019, 03:59:23 PM

Quote from: Silberman on October 05, 2019, 03:06:03 PM

Quote from: gaston castano on October 03, 2019, 03:33:45 AM

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

If you take a look at the daily charts you will see that the market is completely undecided about what to do, one day the market goes up and the next one it goes down by almost the same amount, it seems investors do not know what to expect and this is natural since it seems like there are many good news coming from the developers of ethereum but the market is not reacting, and if this continues I will not be surprised if the price of ethereum goes down during the next weeks.

i wouldn't use the word like "undecided", from my view it looks like more of an accumulation phase for alts. eth is major one, so good news from devs surely will effect the price sooner or later.

Well ethereum is going up once again so you could be right, but what happens is that I do not want to get too excited since 2 weeks ago ethereum was seemingly giving positive indications that it was ready to begin a positive movement and then the price crashed in a matter of hours, obviously this is was not the fault of ethereum as all the market crashed at the same time but still that left a strong impression on me and I am debating myself between letting the market show to me even more positive indications or if I should buy ethereum today.

emreunsal10

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Quote from: Silberman on October 05, 2019, 03:06:03 PM

Quote from: gaston castano on October 03, 2019, 03:33:45 AM

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

If you take a look at the daily charts you will see that the market is completely undecided about what to do, one day the market goes up and the next one it goes down by almost the same amount, it seems investors do not know what to expect and this is natural since it seems like there are many good news coming from the developers of ethereum but the market is not reacting, and if this continues I will not be surprised if the price of ethereum goes down during the next weeks.

i wouldn't use the word like "undecided", from my view it looks like more of an accumulation phase for alts. eth is major one, so good news from devs surely will effect the price sooner or later.

Silberman

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Quote from: gaston castano on October 03, 2019, 03:33:45 AM

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

If you take a look at the daily charts you will see that the market is completely undecided about what to do, one day the market goes up and the next one it goes down by almost the same amount, it seems investors do not know what to expect and this is natural since it seems like there are many good news coming from the developers of ethereum but the market is not reacting, and if this continues I will not be surprised if the price of ethereum goes down during the next weeks.

Topic: if ETH hold above 168, downtrend will be over. - page 2. (Read 2846 times)