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Topic: [VIDEO] - Ethereum Back To $300 ? - Technical Analysis Today News Price (Read 290 times)

hero member
Activity: 1876
Merit: 512
The question I want to ask is, is this movement dependent on the BTC price growth, interms of BTC, Ethereum has perform very poorly and most of the gains this year buy Ethereum is because of the movement by Bitcoin and nothing else, everything about Ethereum now depends on the Ethereum 2.0 success
sr. member
Activity: 882
Merit: 269
Yes, good, detailed analysis. But ... And again, everyone is looking at the price in $. I see only a steady downward trend against BTC. I would have no illusions.
Only when ethereum becomes a self-sufficient coin, independent of the trends of the entire market, can we be based on the dollar price.
Outside bitcoin no coins can be independent of the market as all the coins are depending on bitcoin for growth and that is not encouraging for altcoin traders. I see many coins that were increasing in price during the 2017 boom but now those coins cannot stand on there own and there needs funds inflows from bitcoin for growing in pricing. Remember that bitcoin dominant has increased from 53% end of last year to 66% this as at yesterday and that means no matter what we expect from ethereum it will still be subject to what happen to bitcoin.
hero member
Activity: 2842
Merit: 772
Yes, good, detailed analysis. But ... And again, everyone is looking at the price in $. I see only a steady downward trend against BTC. I would have no illusions.
Only when ethereum becomes a self-sufficient coin, independent of the trends of the entire market, can we be based on the dollar price.

But everything is based on BTC pairing so it's really hard for ETH to be self sufficient, and not just ETH but the rest of the crypto though.

Right now though the price is just hovering around $200, but we still have many months before the end of the year and the price movement will go on another roller coaster ride, and we might see it even hitting the $500 in the long run.
hero member
Activity: 2646
Merit: 582
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I'm looking forward to when that happens and seeing Ethereum can to reach $ 300 again, Ethereum will slowly rise to $ 300 even more than that, hopefully this can happen on this year. it seems that ETH depends on the increase in BTC prices, if the BTC soars then ETH follows it.

Actually, we are bitting about the bush. Ethereum does not want to show the fast growth this year, and this reality should be taken. I guess everybody is waiting for Ethereum 2.0 in January 2020. Then, we will understand which changes can be expected. Now, the token price might not change significantly, and it can stay close to 220-300 for a very long time.
I am still trying to understand something about crypto currencies behaviors very well, because to me, I don't think that value should be of a criteria for knowing if a coin is working well, these coins were actually created for something, and that is for a payment system, and we know that most of the coin that are in the market are built on Ethereum smart contract, which means that there will always be demand for Ethereum.

But yet, there value is still not shooting as many of us expect, then it came to my mind that many people are expecting Ethereum to just grow to $2k, forgetting that the last ATH of Ethereum was because of market bull run, which was still as a result of manipulation to me. Trades goes within Ethereum alt, as people buy, they sell and this is how the cycle has been going, which means it is possible to linger within a particular rice for a very long time without a sharp surge, except for bull run.
hero member
Activity: 2548
Merit: 605
There is no role that technical analysis will play, bitcoin performance is just the main analysis to be used for these coins, once you study bitcoin, then you will know the direction these coins will take, most of these top altcoins all rely on bitcoin and that is how they have been ever since bitcoin started its bull run.

I don’t think any of them has been able to perform on their own without relying on bitcoin movement, which is why we could see lots of them showing green the moment bitcoin shows green and lots of them decreasing the moment bitcoin decreasing. For Ethereum to grow back to $300, we need to hope that bitcoin will surge back to its all-time high last month and higher. I think bitcoin will need to grow to like $15k before Ethereum can ever achieve such value.
member
Activity: 537
Merit: 12
Yes, good, detailed analysis. But ... And again, everyone is looking at the price in $. I see only a steady downward trend against BTC. I would have no illusions.
Only when ethereum becomes a self-sufficient coin, independent of the trends of the entire market, can we be based on the dollar price.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
With the bullish divergence of Ethereum I guess it could bounce back at that $300 phase, maybe it will be drag if bitcoin rises too. Ethereum 2.0 will really make a big impact but what you think with these delays it takes? Maybe it has to be the reason as well that ETH has less growth on the run this year.
full member
Activity: 518
Merit: 100
I'm looking forward to when that happens and seeing Ethereum can to reach $ 300 again, Ethereum will slowly rise to $ 300 even more than that, hopefully this can happen on this year. it seems that ETH depends on the increase in BTC prices, if the BTC soars then ETH follows it.

Actually, we are bitting about the bush. Ethereum does not want to show the fast growth this year, and this reality should be taken. I guess everybody is waiting for Ethereum 2.0 in January 2020. Then, we will understand which changes can be expected. Now, the token price might not change significantly, and it can stay close to 220-300 for a very long time.
legendary
Activity: 2674
Merit: 1226
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Well I for one hope it returns to $300 because I'm still waiting for it to go back to $400 (my earliest entry point for most of my ETH). IT really makes me smile to see people so happy when ETH touched $300 like it was amazing, we have all forgot how it used to be $1k I guess.

Kind of jealous of all you guys who managed to buy at below $200 a couple of days ago.
full member
Activity: 714
Merit: 102
very interesting video, and I understand the analysis that you make, this is very reasonable and can be easily understood, To reach the price of $ 300 is not difficult to achieve ethereum, but now the price is again corrected by changes in the price of bitcoin which a few days ago has decreased.
full member
Activity: 350
Merit: 100
It's a good use of cryptocurrency terminologies and more or less analysis but the problem I have with most Crypto analysts is their inability to make a price forecast without a timeline. I belive analysis should bear dates of occurrence which other cryptocurrency enthusiasts should follow and not some ambiguous statements that only points to "happening soon"
full member
Activity: 840
Merit: 100
Nice video with good analysis, todah Ethereum price is slowly increase to $222,70. I think it's easy for Ethereum to back to $300 soon.
legendary
Activity: 2576
Merit: 1043
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It will go back to $300 for sure but the question is when.
We don't know when it will be but one thing is for sure, it will really happen Smiley.
It will be done slowly but surely Smiley.
member
Activity: 889
Merit: 10
Somehow, maybe the sharp fall of btc from about above $13,000 down to somewhere around $9,100 could be a factor to the increase of etheruem. Etheruem growth chase after bitcoin both in volume because people run to etheruem when bitcoin keeps going higher for them to purchase.
yes it looks like the altc master is taking over. and it makes all altcoins redden, and I hope this will pass quickly in this sharp decline. maybe for those who still have this money a very good opportunity to buy
member
Activity: 616
Merit: 10
I think the decline in ethereum prices is due to the fact that bitcoin is still in a correction condition. The decline in bitcoin prices is very sharp. I think this will take a little longer. The effect on ethereum and altcoins is following the decline as well.
hero member
Activity: 2268
Merit: 588
You own the pen
I was scared when I saw the price has dramatically dropped again to under $200 last night, I thought that this is the end of the ETH unless the Etherium Version 2.0 will be released. today I saw that the price is still bouncing back at a slow movement this is not bad for my opinion because this is how the price gets to $300 last time.

we cannot compare ETH to Bitcoin all the time because they are completely from different pages. the movement of the price of the ETH right now is somewhat high average and that's a piece of good news for us.
sr. member
Activity: 1988
Merit: 268
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I enjoyed the video, just as I imagined, a few days ago ETH price fell on the pair USD and BTC, I took a little when they fell and now see the price back up, making a quick profit for me
hero member
Activity: 2282
Merit: 505
When ethereum 2.0 is launched, it will have a big impact on the movement and skyrocketing ethereum prices later. I think the market is a bull run and maybe the altcoin season will arrive.
It must be helped with the ICO demand but it has decreased a lot. ethereum 2.0 will be removing the inflation but that will still remain the same. ethereum developer must implement something new for that to attract the demand again.
legendary
Activity: 1904
Merit: 1277
Yes, I think it's only a matter of time before ETH goes back above $300. This is still the best smart contract platform we have, and it should be reflected in price. Everything has been hit in the recent correction, but ETH should rebound strongly.
member
Activity: 216
Merit: 10
Best solution for smart cities
When ethereum 2.0 is launched, it will have a big impact on the movement and skyrocketing ethereum prices later. I think the market is a bull run and maybe the altcoin season will arrive.
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