Is Ethereum About to Break Out of a 2-Year Bear Market? - page 4.

CodyAlfaridzi

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Quote from: nh0xxpr01 on January 22, 2020, 05:21:57 PM

Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market?

https://bitcoinist.com/is-ethereum-about-to-break-out-of-a-2-year-bear-market/

Yes, I think so and it should happening soon-ish. The timing couldn't be better as it coincides with Bitcoin's halving which in history always leads to a massive bull run few months after.

To think that ETH current price is just 90% of its ATH makes it even more attractive. To make new highs, Bitcoin would only need to 2-3x multiple its current price while ETH must go 9-10x. Seems impossible but we know alts have been far way more volatile than Bitcoin so I would put some of by bets on alts.

trauchot

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Ethereum, like all other altcoins, for 2 years in a row, we can say that they didn’t increase in price but only fell in price, this year the price of Ethereum increased slightly due to the fact that Bitcoin began to grow and all other altcoins started to follow Bitcoin as usual, but I think that after two years of waiting this year there should be some Ethereum growth.

waleedbhr

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Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market? Ethereum Bulls Building Since the beginning of 2020 Ethereum has outperformed bitcoin. In just three weeks the world’s second most popular crypto asset .
https://cryptopys.com/2020/01/22/is-ethereum-about-to-break-out-of-a-2-year-bear-market/

FairUser

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If bitcoin goes up this year, it is likely that the price of ETH will rise a bit from now. To be honest, the current price of ETH is right for its value, no one needs to use ETH like before. In the last 2 years, the price of ETH has risen sharply because of investors' need to participate in the ICO, but now the ICO is dead and people have stopped using ETH. ETH is a safe altcoin to invest in this market, but it certainly will not bring profit as much as other altcoins.

pikkie

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Quote from: Warkop on January 23, 2020, 06:33:09 AM

Ethereum for the last 2 years has indeed become very bad because the price has dropped very large, but entering 2020 it has been seen rising slowly although not too high at least Ethereum has shown that it is still moving and still ranks second in CoinMarketCap. So for that I am still very sure Ethereum will come out of the bear market and will recover by 2020, maybe it only takes a few months to see it recover and become stable.

that is because there may be no development of ethereum that can trigger investors to buy ethereum again, because investors can come back again to buy coins and support to raise the price of coins when there is a good development and can be useful for many people.

ven7net

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Quote from: nh0xxpr01 on January 22, 2020, 05:21:57 PM

Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market?

https://bitcoinist.com/is-ethereum-about-to-break-out-of-a-2-year-bear-market/

Personally, I believe that there will be another rally in the crypto market and of course on it ETH will show what it is capable of. I will say more, I also believe that we are just at the very beginning of a new stage in the development of the crypto market and I am sure that all events for the development and improvement of ETH are not in vain planned in the near future. All this is done specifically just for the new start of the rally in the market.

Warkop

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Ethereum for the last 2 years has indeed become very bad because the price has dropped very large, but entering 2020 it has been seen rising slowly although not too high at least Ethereum has shown that it is still moving and still ranks second in CoinMarketCap. So for that I am still very sure Ethereum will come out of the bear market and will recover by 2020, maybe it only takes a few months to see it recover and become stable.

Kyraishi

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I'd say that the recovery has already started.

We've already seen ETH rally from the start of the year significantly against BTC, reclaiming the 0.018 BTC support. I think that this is definitely a sign for things to come due to the fact that ETH is one of the more established coins in the cryptospace, which will definitely see a lot more interest in this mature market environment compared to smaller cap coins.

But as others said, don't expect this to be an isolated event on ETH. Other coins like IOTA, EOS, LTC etc. all have very good prospects overall this year.

karanggatak

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the past two years ethereum has lost a lot of value. but with the unique technology owned by ethereum smart contracts, I believe ethereum can make ethereum prices rise. and hopefully with the release of eth version 2.0 and the arrival of bullish market trends can drive eth prices to rise.

iram3130

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The problem with ETH is that its dumps are higher than its pumps. At a short term trade it might be very profitable but there is no sustainability to it in the longer term. ETH got good developments and updates this year and might start a breakout soon. With that we may see a good alt season.

bonyaserg

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Personally, I have been closely following the market, watching Ethereum for over 2 years, and noticed a very interesting situation. Ethereum always achieves good results. And if there is a question of investing in Ethereum, I am always for investment. So this is a very profitable investment. I also think that in 2020 Ethereum will make a big breakthrough and break the price in 2017.

imutlinda

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eth one crypto that has the trust of a high community, and their platform has been successfully useful for many developers who do development.
And it's not only ETH that can get out of the bearsih market, because other altcoins can certainly grow back and it's only a matter of time.

hello_good_sir

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Not just ETH. I think it's going to be the majority of cryptos.

Especially large cap alts, I think they have the best chance of making a strong recovery because of the fact that they have been underperforming relative to BTC's growth during the recovery period and have a good fundamental given that institutions will still be interested in investing in them.

Usually it's unwise to look at cryptos in isolation given that they move in groups, and ETH is part of this large cap market cycle.

Paycoinzzz

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Quote from: nh0xxpr01 on January 22, 2020, 05:21:57 PM

Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market?

https://bitcoinist.com/is-ethereum-about-to-break-out-of-a-2-year-bear-market/

I always have the belief that all alts follow Bitcoin's price fluctuations. Whether it is ETH or EOS or other good alts, it will fluctuate in price with bitcoin. But now the market is adjusting again and we can wait for some time to buy ETH at a better price. I know that ETH has just broken out of the important resistance zone, but it will still have a back test, you should be more patient and buy it at the best price. I predict that in 2-3 days the price will drop to $ 158.

nicolas1979

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I'm sure about that because eth focus to built brand/ trade mark, they ignore value and supply to develop program and up grade system. Come out from bitcoin shadow is really important for eth future even we must say impossible. Now XRP follow eth strategy and become independent coin is their goals. If eth success I believe more coin will copy their step and bitcoin will alone in crypto market.

tenakha

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Quote from: nh0xxpr01 on January 22, 2020, 05:21:57 PM

Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market?

https://bitcoinist.com/is-ethereum-about-to-break-out-of-a-2-year-bear-market/

I can not say whether ETH has completely overcome this crisis. Lunar New Year can affect the market at any time, which will bring these bears back. For now, we may have such problems during next 2 days, afterwards it looks lighter and brighter. ETH has a lot of potential accumulated, and I guess its price will reach $400 unless there is a big problem.

StephenieDuong

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I think Ethereum already break downtrend with double bottom on D1 chart. The potential to grow is high right now, the only chance that ETH keep downtrend is the price break 100$ support with high sell volume. I believe we are in great time to start buying for longterm.

masterrex

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Quote from: nh0xxpr01 on January 22, 2020, 05:21:57 PM

Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market?

https://bitcoinist.com/is-ethereum-about-to-break-out-of-a-2-year-bear-market/

The huge potential of ethereum still remain despite of the 2 year bearish market condition that affecting much of its price, but i'm impress despite of all those hurdles, eth was steadily hold its price until now, ranging average $130- $160 against the US dollar that's quite good comparing to other coins in the market, other possible reasons was due to the slow down on ico trends or partly due to delayed implementation of the Ethereum 2.0 upgrade will that's only my opinion and i'm not an expert about it.

bitcampaign

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It is certain that ETH will also come out of the bear market, considering that ETH also has a high trading volume in the crypto market and follows bitcoin price movements as its main benchmark, I think all crypto markets including ETH are waiting for the moment when bitcoin halving will happen soon and continue the delayed rally

puremage111

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Well it has the chance
Adoptions grows
Thanks to DEFI and lending

More and more Ethereum were locked in the DEFI and soon when POS implemented, it means more ETH wipe off from market for staking

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