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Topic: Sudden Ethereum PUMP!! What is the reason? (Read 509 times)

sr. member
Activity: 1036
Merit: 281
July 26, 2020, 08:19:46 PM
#62
I think this achievement at $300 is also a surprise because even the price of Bitcoin is still struggling to hit up to 10k, I previously predicted that the price of Ethereum would reach $300 when the price of Bitcoin could surpass the resistance line at 10k but what happened even Ethereum was able to jump faster. I'm just assuming that this spike is happening because it's already approaching the Ethereum 2.0 launch date because several trials conducted so far have produced something very good, so it's no wonder that ethereum is able to pump higher in the near future. I also saw Cardano soaring rapidly, did you guys pay attention to Cardano?
It is good to see that the cryptocurrency market is looking healthy after many months of sideways we are now able to see a price rally in both BTC and ETH. In terms of Cardano, it is still on consolidating phase but the momentum is now coming up. If the Cardano managed to breakout then for sure its price will also rally like the ETH and BTC. One of my watchlists today is BNB because there is now a momentum in this coin and for sure that its trend is now also reversing.
member
Activity: 430
Merit: 10
terra-credit.com

blockchain anniversary ? I just heard this, because usually birthdays are only for Bitcoin, which is January 3, but whatever the reason, the most important thing is happy to see the price of ETH experiencing pump
don't just love to see it. You must quickly determine your attitude to become an investor or trader with your assets. if the tone wants to profit and not just see and be happy with the state of the ethereum market.
member
Activity: 630
Merit: 10
I don't know the exact reason why ethereum pump but if the reason is definitely that the bitcoin price is also experiencing a pump, maybe another reason is v2.0 which will be released soon
the main reason is indeed on the topic Ethereum 2.0 and the bullish Bitcoin,
we have passed a long bearish season, it's time for the bullish season, so Ethereum is the key
It could be the reason behind the sudden pump in ETH price but maybe blockchain has been approaching it's five year anniversary on 30th July and it could seem possible to be the reason behind all this.
blockchain anniversary ? I just heard this, because usually birthdays are only for Bitcoin, which is January 3, but whatever the reason, the most important thing is happy to see the price of ETH experiencing pump
jr. member
Activity: 94
Merit: 1
Op this moment ETH surpass $300 allready. Conform WorldCoinIndex the price went up with 36% within 7 days, 41% in 30days and 66% in 90days.

There is an article about ETH: Surge in DeFi Activity Causes Ethereum Transactions to Reach Its All-Time High, ETH 2.0 Testnet Launch Coming Soon
member
Activity: 588
Merit: 10
I don't know the exact reason why ethereum pump but if the reason is definitely that the bitcoin price is also experiencing a pump, maybe another reason is v2.0 which will be released soon
the main reason is indeed on the topic Ethereum 2.0 and the bullish Bitcoin,
we have passed a long bearish season, it's time for the bullish season, so Ethereum is the key
It could be the reason behind the sudden pump in ETH price but maybe blockchain has been approaching it's five year anniversary on 30th July and it could seem possible to be the reason behind all this.
full member
Activity: 980
Merit: 114
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
I hope you buy then and have made significant profits as the market keeps increasing and it seem ethereum is heading towards $400 before the end of this week. We have seen great gains for more than a week now and ethereum is one of the reasons why cryptocurrencies market is gaining at the moment.
sr. member
Activity: 1010
Merit: 391
It was 3 days after the topic and Ethereum exceeded $300 and in my opinion there is no bomb, but a monitoring of the market appreciation and this derives from Bitcoin. Lately I'm commenting a lot on the Ethereum topic and finding a pattern in our comments and opinions and I believe that we are on the right track and alert about the second strongest market today. I hope one day Ethereum will follow its own flow without Bitcoin intermediaries.
hero member
Activity: 2828
Merit: 666
And the pumped continues.... Cheesy Cheesy Cheesy

https://coinmarketcap.com/currencies/ethereum/markets/



ETH now reached over $300, I guess we will see a FOMO soon?
Yeah, this is the time altcoins investors are waiting, after years of struggle, it looks like ETH is about to rise and recover its old price big time.
I can already imagine how the other altcoins and ETH tokens would react on this consistent price increase of ETH.
member
Activity: 854
Merit: 10
The fact is that all cryptocurrency users understand what benefits Ethereum 2.0 will bring, and therefore I am surprised that Ethereum began to actively rise only in the last few days. The fact is that if staking is fully operational, where Ethereum owners will receive their interest, this will increase the Ethereum deficit in the market, and it is quite possible that Ethereum will go into free float, independent of Bitcoin.

yes, maybe ethereum 2.0 is one from many reason, but now the hype on defi token bring more demands on crypto world especially for ethereum my friend
https://cointelegraph.com/news/ether-price-nears-300-as-bitcoin-defi-tokens-fuel-new-bull-run
The defie projects continuously becomes the trend in the market. In fact, even Justin Sun did not want to late for the developments under defi projects. Anyway, the ethereum 2.0 is  approaching. Many speculations are being generated and FOMO spreads to the entire community of crypto. At last, my long term hold coin gradually flying high. Hoping it meets the all time high soon as ethereum 2.0 launches.

Geenerally, holders of ETH are looking forward to the ATH, hoping to see where it is going hit. The envisaged update for ETH is now a propeller and that is the only thing that is currently steering the entire market. This has been said for a very long time, but see the effect manifesting now
full member
Activity: 868
Merit: 185
Roobet supporter and player!
The fact is that all cryptocurrency users understand what benefits Ethereum 2.0 will bring, and therefore I am surprised that Ethereum began to actively rise only in the last few days. The fact is that if staking is fully operational, where Ethereum owners will receive their interest, this will increase the Ethereum deficit in the market, and it is quite possible that Ethereum will go into free float, independent of Bitcoin.

yes, maybe ethereum 2.0 is one from many reason, but now the hype on defi token bring more demands on crypto world especially for ethereum my friend
https://cointelegraph.com/news/ether-price-nears-300-as-bitcoin-defi-tokens-fuel-new-bull-run
The defie projects continuously becomes the trend in the market. In fact, even Justin Sun did not want to late for the developments under defi projects. Anyway, the ethereum 2.0 is  approaching. Many speculations are being generated and FOMO spreads to the entire community of crypto. At last, my long term hold coin gradually flying high. Hoping it meets the all time high soon as ethereum 2.0 launches.
sr. member
Activity: 1092
Merit: 250
The fact is that all cryptocurrency users understand what benefits Ethereum 2.0 will bring, and therefore I am surprised that Ethereum began to actively rise only in the last few days. The fact is that if staking is fully operational, where Ethereum owners will receive their interest, this will increase the Ethereum deficit in the market, and it is quite possible that Ethereum will go into free float, independent of Bitcoin.

yes, maybe ethereum 2.0 is one from many reason, but now the hype on defi token bring more demands on crypto world especially for ethereum my friend
https://cointelegraph.com/news/ether-price-nears-300-as-bitcoin-defi-tokens-fuel-new-bull-run
full member
Activity: 1093
Merit: 103
The fact is that all cryptocurrency users understand what benefits Ethereum 2.0 will bring, and therefore I am surprised that Ethereum began to actively rise only in the last few days. The fact is that if staking is fully operational, where Ethereum owners will receive their interest, this will increase the Ethereum deficit in the market, and it is quite possible that Ethereum will go into free float, independent of Bitcoin.
member
Activity: 630
Merit: 10
I don't know the exact reason why ethereum pump but if the reason is definitely because the bitcoin price is also experiencing a pump, maybe another reason is v2.0 which will be released soon
the main reason is indeed on the topic Ethereum 2.0 and the bullish Bitcoin,
we have passed a long bearish season, it's time for the bullish season, so Ethereum is the key
full member
Activity: 1120
Merit: 101

The situations that we see with ethereum are good, and the movement still at the bullish trend, and I think that is following with bitcoin price. But if bitcoin price is down again, maybe ethereum price will follow to go down, but we hope that the down will not be too deep. So we still need to be careful if we want to buy ethereum and don't forget to analyze the movement before entering the market.
You are right, the current situation is confusing. bitcoin movement looks not much, and there will be a possibility of a decline which of course can affect altcoin. hopefully, that doesn't happen and instead, a higher pump can be seen from bitcoin.
full member
Activity: 778
Merit: 100
SmartFi - EARN, LEND & TRADE
I don't know the exact reason why ethereum pump but if the reason is definitely because the bitcoin price is also experiencing a pump, maybe another reason is v2.0 which will be released soon
the moments are indeed almost the same. but looking at the BTC market conditions, I think the dominance of BTC which is affecting the increase in ETH is still very strong. news updates that have been postponed in advance I don't think will have too much impact.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
Hey guys, after waking up in the morning I saw ETH was at 263$. Currently sitting on the 270$ price. What is the news behind this pump?

Also, are we going to see Ethereum again 300+? What's your thought on this?
I dont find anything new here?because checking the market Bitcoin also pumped though not that big like what ethereum did.

is this about the Ponzi "Forsage"?that make this coin grow because of being used of this company to lure victims invest in their site?

i think there are numerous of usage of this rank 2 currency thats why there is a growth happening these past days now,though Bitcoin is also in good shape pricing $9,500+
full member
Activity: 994
Merit: 100
I don't know the exact reason why ethereum pump but if the reason is definitely because the bitcoin price is also experiencing a pump, maybe another reason is v2.0 which will be released soon
sr. member
Activity: 952
Merit: 274
There is a massive rally that happened after the price of the ETH managed to breakout its previous resistance at $250. There is no fundamental reasons here it is basically because of the technicals. The price of eth consolidated in months and to day it formed now a new resistance at $290. Expect that the price will bounce in that area so for those swing traders out there,  you can send an order near at its support level at $250. The price moves like waves so do not expect that the price will go skyrocket.
legendary
Activity: 1904
Merit: 1277
look like new project that using DeFi concept are creating their new token on ethereum  platform, is very hype now,  that why whale taking advantage to pump the ETH price its mostly like on 2017 when erc-20 is very hype to new project, ethereum price is keep high even the gas price is increase and never go down, for me its very good situation for small trader to buy ethereum and getting some profit from this bullish trend on ETH.

It does feel like 2017 again. DeFi is obviously a big thing, and is creating a lot of excitement... but if the price keeps rising, you do have to start to wonder how sustainable it is.
I do believe in the long-term future of ETH, but for those who are short-term speculators who use alts to increase their BTC holdings, then this is currently a good opportunity to sell some BTC for ETH and then buy back in later.
sr. member
Activity: 1274
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
   Crypto-market is following Bitcoin rise, and in the past few months DeFi projects are
in the rise. Probably this two are the main reasons for Ethereum to rise.
   Ethereum is going to $300, I believe in next months we will see Ethereum breaking that, and just remember it's will not be a top for Ethereum, I wait to see it much higher
in the next year, I look at this as preparation for future bullish days.
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