Warning: Cardano can drops to 0.5$ and Ethereum to $800

LUCKMCFLY

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Cardano is in an area very full of uncertainty, however it has had a very good bullish advance, it has grown by approximately 1.6%, which is not bad at all, it is necessary to emphasize that while BTC continues its upward trend, Cardano is likely stagnates a little so that it can rise when the recovery of BTC is confirmed, at that moment the bulls will take action:

Quote

Despite today's growth, the rise may continue as the altcoin has fixed above the support at $1.54. It is too early to consider about the new peaks as the growth is not accompanied by large trading volumes which means that bears might seize the initiative in the zone of $1.84.

Source: https://u.today/btc-eth-ada-bnb-and-xlm-price-analysis-for-june-15

I think ADA fans are very aware of the next move, really as I see the market it may be that the price of cardano will go up totally.

DOH!

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Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

I believe justice is on the side of those who truly believe in the market this year, it won't be repeated by that death. So, the main fight right now will be at the heart of $31k, we're not going to let it slip. Bear market is trying to crack down, our hope is a reversal from what they appeared in the previous three recoveries to $40k. One ladder, it will do.

Argoo

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Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

It is likely that such a negative outlook for prices in this market has begun to come true. Bitcoin and all cryptocurrencies have dropped in value again today. The price of bitcoin is already a little over $ 31,000, and ethereum is just over $ 2,300. However, it looks like the price will continue to fall further. That is, the price bottom is still far away. If the ethereum price drops to $ 800, this will practically decrease by another three times, then the bitcoin price similarly can be about $ 10,000. After such a fall, the market can really recover for a very long time. I would like to believe that in the fall, from about the second half of October, we will again see the continuation of the bullish growth of our cryptocurrency.

LUCKMCFLY

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Quote from: Reatim on June 04, 2021, 07:41:27 AM

Quote from: LUCKMCFLY on June 03, 2021, 03:00:08 AM

Eventually there is a lot of speculation about ETH and Cardano, for its part there is relevant news about Cardano, which will arouse a lot of interest about ADA, which is super interesting because it is related to space:

SpaceChain shoots blockchain to space; Cardano’s bridge to China | The Daily Forkast

Quote

And coming back down to Earth, Cardano has selected Chinese public blockchain Nervos Network for its first cross-chain bridge. Now, the Nervous Force Bridge will unlock cross-chain transactions for Cardano and Nervos users. And that means ADA and CKB holders can soon transact with one another

“We hope that developers on Nervos can also benefit users from other blockchains.”

Source: https://forkast.news/spacechain-blockchain-to-space-cardanos-bridge-to-china-the-daily-forkast/?utm_source=rss&utm_medium=rss&utm_campaign=spacechain-blockchain-to-space-cardanos-bridge-to-china-the-daily-forkast
For this type of news, many ADA investors will start buying, maybe a good bullish jump, anyway we have to wait to see how everything continues to develop.

When things is connected to the country of China , I'm always having tons of doubt after what they Did to Bitcoin since years back.
and also why bridging to China? to be controlled and manipulated? people now are bright and havign China in effect will only cause negative impact so lets not put cardano into its own grave .
Maybe it is much better to believe about cardano will increase instead of falling down in the next coming days.

I fully understand what you say, in fact many times China has been very opportunistic with Crypto with Bitcoin in China have been proteganistas with a lot of FUD, with mining problems, among others, but also recalcarqeu need China is a big country and many people who live there and not all follow the rules or what tells the government, many are investors, miners, traders, in this case, good news out of China is something completely different, it's something very few expect, in this case with Cardano can be seen as a good effect for investment.

Bitcoinjheta

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Quote from: kevindjunaidi on June 05, 2021, 11:22:28 AM

Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

if indeed the price of Cardano drops to 0.5$ and Ethereum to $800, then of course I will definitely buy Cardano and Ethereum with all my money, because I'm sure the price of Cardano and Ethereum will definitely increase very high again in the next years and even create a new ATH price, so I will get a big profit from investing in Cardano and Ethereum.

Its really hard to believe all those coins ADA and ETH will both drop to that speculative price which i know the leading coin of the market has not yet confirm that its bull ends. And some analysts saying that the market trend is really different from the previous year 2018.

CutePanda

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I think it will be very difficult for cardano (ADA) to fall as far as $0.5 and ETH to fall as far as $800, why?
because the current market conditions are gradually improving and prices are starting to rise and stabilize again, even I think ADA will soon reach $2 at least in October 2021, the same as ETH, especially if ETH 2.0 is released, then I believe ETH will rise again and up to $6k.

RbiggerG

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Quote from: kevindjunaidi on June 05, 2021, 11:22:28 AM

Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

if indeed the price of Cardano drops to 0.5$ and Ethereum to $800, then of course I will definitely buy Cardano and Ethereum with all my money, because I'm sure the price of Cardano and Ethereum will definitely increase very high again in the next years and even create a new ATH price, so I will get a big profit from investing in Cardano and Ethereum.

Both prices you mentioned are definitely not impossible, but for Ethereum that would be a harsh decline I must say. What we must have in mind although during bull runs it looks different is that not every single coin can be worth a couple 100 billion dollars. That's not possible.

MishaSER

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The market did not fall enough to be considered a bear market, many analysts and there the metric shows that there is a huge pump ahead.

Joca97

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Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

I doubt it. Eth is in an rampage this year and people see what its capable of. Every user that knows a little more about crypto know that this coin has more advantages over bitcoin and would probobly invest into eth rather then im bitcoin so i dont think the price will drop it might even raise. We will see eth by end of year at 10k $

fortune1002

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I think market will recover soon. Because bitcoin is increasing And decreasing. It hit 39k+$ yesterday. And again drop to 35k-36k$. Market is fully destruct and taking long time for correction.

kevindjunaidi

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Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

if indeed the price of Cardano drops to 0.5$ and Ethereum to $800, then of course I will definitely buy Cardano and Ethereum with all my money, because I'm sure the price of Cardano and Ethereum will definitely increase very high again in the next years and even create a new ATH price, so I will get a big profit from investing in Cardano and Ethereum.

RbiggerG

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Quote from: Shasha80 on June 04, 2021, 06:27:11 AM

Quote from: redwine49 on June 03, 2021, 10:05:37 AM

Quote from: Shasha80 on June 02, 2021, 07:31:57 PM

Quote from: redwine49 on June 02, 2021, 08:41:22 AM

Quote from: Shasha80 on June 01, 2021, 07:00:54 AM

Quote from: bittick on June 01, 2021, 03:27:09 AM

Quote from: Shasha80 on May 31, 2021, 04:08:20 AM

Quote from: bittick on May 31, 2021, 03:41:45 AM

~

I think you already bet alot for ethereum.
Becarefull mate, the fomo is over. I see a lot of money already go out from crypto market.
Global daily volume decrease more than half from ATH
If bitcoin drop below 20k$. 800$ per ETH is possible

I did spend a lot of money investing in Ethereum, because I believe in Ethereum. Thanks for reminding me that FOMO is over, but I believe
Ethereum can recover soon. It's true that if Bitcoin falls below $20k, it looks like Ethereum could drop to $800. So let's hope that doesn't
happen, because I see Bitcoin still trying to get past the $40k price tag. If it works your fear will not come true, because if Bitcoin manages
to rise above $40k it means the crypto market is recovering and the price of Ethereum can rise again.

Market usually behave different with most people think.
If you think bitcoin recover from this crash. You might be wrong. Maybe this is just a correction after bitcoin drop to 30k.
After 1 year of bitcoin bull run start from 4k$. Do you think this drop is over? I don't believe that.
Or maybe iam wrong this is just a big correction and we can reach 100k$ by the end of this year.
Yea, thats a dream for everyone here.

I can not guarantee the decline in the price of Bitcoin will end now, it could be that Bitcoin is going down again deeper. But we as investors must
be optimistic, even though our wishes are sometimes not in accordance with the reality. Actually Bitcoin price movements are based on supply
and demand, so I hope by spreading the optimism that I have that Bitcoin recovers soon, can influence many people to not hesitate to enter
the market. The more people enter the market, the price will automatically go up. Because until now I believe Bitcoin can reach the price of $100k
by the end of this year, then I hope this can come true.

Optimism is for the long term holders and maybe for the medium term holders, but even those groups should keep a sense of rationality. If things look dark and the surrounding conditions suggest you should sell some, the time has come to let some of your optimism go. That is how investing works. There is no rule that rationality means holding forever and being optimistic.

Reatim

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Quote from: LUCKMCFLY on June 03, 2021, 03:00:08 AM

Eventually there is a lot of speculation about ETH and Cardano, for its part there is relevant news about Cardano, which will arouse a lot of interest about ADA, which is super interesting because it is related to space:

SpaceChain shoots blockchain to space; Cardano’s bridge to China | The Daily Forkast

Quote

And coming back down to Earth, Cardano has selected Chinese public blockchain Nervos Network for its first cross-chain bridge. Now, the Nervous Force Bridge will unlock cross-chain transactions for Cardano and Nervos users. And that means ADA and CKB holders can soon transact with one another

“We hope that developers on Nervos can also benefit users from other blockchains.”

Source: https://forkast.news/spacechain-blockchain-to-space-cardanos-bridge-to-china-the-daily-forkast/?utm_source=rss&utm_medium=rss&utm_campaign=spacechain-blockchain-to-space-cardanos-bridge-to-china-the-daily-forkast
For this type of news, many ADA investors will start buying, maybe a good bullish jump, anyway we have to wait to see how everything continues to develop.

When things is connected to the country of China , I'm always having tons of doubt after what they Did to Bitcoin since years back.
and also why bridging to China? to be controlled and manipulated? people now are bright and havign China in effect will only cause negative impact so lets not put cardano into its own grave .
Maybe it is much better to believe about cardano will increase instead of falling down in the next coming days.

Shasha80

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Quote from: redwine49 on June 03, 2021, 10:05:37 AM

Quote from: Shasha80 on June 02, 2021, 07:31:57 PM

Quote from: redwine49 on June 02, 2021, 08:41:22 AM

Quote from: Shasha80 on June 01, 2021, 07:00:54 AM

Quote from: bittick on June 01, 2021, 03:27:09 AM

Quote from: Shasha80 on May 31, 2021, 04:08:20 AM

Quote from: bittick on May 31, 2021, 03:41:45 AM

~

I think you already bet alot for ethereum.
Becarefull mate, the fomo is over. I see a lot of money already go out from crypto market.
Global daily volume decrease more than half from ATH
If bitcoin drop below 20k$. 800$ per ETH is possible

I did spend a lot of money investing in Ethereum, because I believe in Ethereum. Thanks for reminding me that FOMO is over, but I believe
Ethereum can recover soon. It's true that if Bitcoin falls below $20k, it looks like Ethereum could drop to $800. So let's hope that doesn't
happen, because I see Bitcoin still trying to get past the $40k price tag. If it works your fear will not come true, because if Bitcoin manages
to rise above $40k it means the crypto market is recovering and the price of Ethereum can rise again.

Market usually behave different with most people think.
If you think bitcoin recover from this crash. You might be wrong. Maybe this is just a correction after bitcoin drop to 30k.
After 1 year of bitcoin bull run start from 4k$. Do you think this drop is over? I don't believe that.
Or maybe iam wrong this is just a big correction and we can reach 100k$ by the end of this year.
Yea, thats a dream for everyone here.

I can not guarantee the decline in the price of Bitcoin will end now, it could be that Bitcoin is going down again deeper. But we as investors must
be optimistic, even though our wishes are sometimes not in accordance with the reality. Actually Bitcoin price movements are based on supply
and demand, so I hope by spreading the optimism that I have that Bitcoin recovers soon, can influence many people to not hesitate to enter
the market. The more people enter the market, the price will automatically go up. Because until now I believe Bitcoin can reach the price of $100k
by the end of this year, then I hope this can come true.

Xinarae*

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Yes most currencies depend on the price of bitcoin as the price of bitcoin rises so does the value of altcoin. It is difficult to predict when the market will go can't predict cardano's future but ethereum won't go down as much as $ 800 we have to wait and see how much it will go up without getting frustrated even if it goes down a bit. The price of ethereum is currently rising with the price of bitcoin rising slightly.

Oceat

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Quote from: Dollar_Hunter on June 03, 2021, 05:45:14 PM

I think it will be difficult to go down to $0.5 for cardano and for Ethereum to $800?,
I'm not sure if it will happen in this bullrun, yes if it's a bearish season anything can happen, before ago Ethereum dropped $ 80 on the march 2020,
yes if touch $800 it's already very DIP, certainly a big chance if the price hits $800

I don't know much about Cardano but for ETH I expect it will go farther than what you all expected since I saw how it moves from the past ever since it touches a new ATH. So $800 is not an exception so we should have to learn to accept everything as it is because that's how the market works.

Actually if Bitcoin is in bearish trend you will see what I meant to say but this dip of Bitcoin will slightly decrease some prices of the altcoins. If you look at the previous price chart most altcoins are basing their prices on Bitcoin's movement.

TimeTeller

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Quote from: Lanatsa on June 03, 2021, 07:54:42 PM

Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

Opinion?

Get used to it because market had always been like this and its hard to say that its a bit manipulative but nothing we can do about it.
When it comes to price calls then I don't know on where you do get those numbers. Havent you able to make out some comparison in between those old years
than into this present one?

Drops on certain ranges is possible but going this low is something really hard to believe on and considering on how high we've able to reach out
then its safe to presume that theres a strong support on particular ranges.

If ever theres some crash then you should be wise on buying the dip.

Hard to give predictions because in this market, as it seems everything is possible to happen.
However, you can always strategize your moves in order to take advantage of the market, whether we are in bearish or bullish season.
No one can tell you when to buy or not, because that is your prerogative and you will be the one taking care of your business.
What you can do, is check the indicators and act on it, depending on your instincts. But it would be you who will finally decide on this matter.

Lanatsa

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Quote from: charlieargentina on May 29, 2021, 05:46:10 AM

We saw what happended in 2017 on the market dip. People say that now is different and now instutions involved and this bs.
We see the last dip 50% and its not even a bear market.

If we hit a bearmarket all the cryptos go down again.

Opinions?

Opinion?

Get used to it because market had always been like this and its hard to say that its a bit manipulative but nothing we can do about it.
When it comes to price calls then I don't know on where you do get those numbers. Havent you able to make out some comparison in between those old years
than into this present one?

Drops on certain ranges is possible but going this low is something really hard to believe on and considering on how high we've able to reach out
then its safe to presume that theres a strong support on particular ranges.

If ever theres some crash then you should be wise on buying the dip.

RbiggerG

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The Standard Protocol - Solving Inflation

Quote from: wheelz1200 on June 03, 2021, 02:01:24 PM

Quote from: Shasha80 on May 31, 2021, 04:08:20 AM

Quote from: bittick on May 31, 2021, 03:41:45 AM

Doubt that, many people valued ETH above 1000 dollar and anything below that will be easy buy for them and that's also not an exception for me. Remember although you may consider my statement bullshit but institutional investors actually prefer to invest in ETH because they see its promising future of decentralized apps. with Cardano i don't really know but ETH at this point is already reaching really large audience and even if you consider how much eth needed to execute smart contract it's very obvious that the demand will not lacking in the future, people who says nope today will say i regret in few years.

Ethereum is the king of altcoins, meaning that the demand for Ethereum must be very high. That way more and more people will buy Ethereum,
I also doubt Ethereum can go down again to the price of $ 800. That's why when Ethereum dropped below $ 2000 a few days ago, it can now
quickly recover by going up again to $ 2400. Cardano's performance is almost the same as Ethereum, which Cardano has also experienced
a very drastic price increase this year, I doubt Cardano will ever drop to $ 0.5 again. In conclusion, investing in Ethereum and Cardano is very profitable.

You obviously haven't been through many crypto corrections. Saying X coin can't go to X price has almost always happened. Those posts don't age well. Go back years in the archives here on price predictions of what will "never" happen again, and almost every time has. Ethereum going to $800 is not at all crazy and especially cardano. Lower the amount of volume and price declines are rapid, especially for alts.

You are speaking true words here. Everyone who has been here during the last absolute crazy bull run in 2017 knows that everything is possible. Ethereum dropped from close to $1500 to under $100.

If that is not prove enough that everything is possible, I don't know what is.

We all don't hope for that although few may even hope it happens because they are divested and took profits and are now in fear that the market keeps pumping. So many emotions and finally a whale game.

Dollar_Hunter

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I think it will be difficult to go down to $0.5 for cardano and for Ethereum to $800?,
I'm not sure if it will happen in this bullrun, yes if it's a bearish season anything can happen, before ago Ethereum dropped $ 80 on the march 2020,
yes if touch $800 it's already very DIP, certainly a big chance if the price hits $800

Topic: Warning: Cardano can drops to 0.5$ and Ethereum to $800 (Read 603 times)