Topic: Why ETH dropped 20% from the high peak? Anyone knows? (Read 679 times)
Of course this has a huge effect on the value of bitcoin that drops by up to 25% so that the value of ethreum also declines, and we as investors are certainly used to something like this then rest assured for the future the price of ethreum will again increase, but this all takes a process in ethreum growth this year because the price movement is not so fast as it was in 2017 when bitcoin was at the highest level.
It is not surprising to see Ethereum prices going down because the movement in the market is quite slow where almost all top coins are able to pump
but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions
yes, the high cost issue that could put many investors on hold, while seeing if there will be a fix from Ethereum for the costs. where this has become a topic of conversation and many are looking for alternatives to avoid using the ethereum platform.but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions
but there is already information that there will be changes starting in July, but whether this can calm the majority of those who are still using the ethereum platform for all their transactions. but whether there are other problems that cause it, it can be seen how many days in the future.
It is not surprising to see Ethereum prices going down because the movement in the market is quite slow where almost all top coins are able to pump
but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions
but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions
A 20% drop was a normal correction after the very rapid price increase Ethereum had for several months before. At the moment, the correction is over, and the price will return to the previous level and will climb for the new ATH. High transaction fees only slow down the growth of the ETH price, as the potential is much greater. We will find out how high the ETH price will go after ETH 2.0 is launched.
It is not surprising to see Ethereum prices going down because the movement in the market is quite slow where almost all top coins are able to pump
but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions
but for ethereum only to survive and fall maybe interest in ethereum is already low it could be because the ethereum network costs very high fees for transactions
Of course this has a huge effect on the value of bitcoin that drops by up to 25% so that the value of ethreum also declines, and we as investors are certainly used to something like this then rest assured for the future the price of ethreum will again increase, but this all takes a process in ethreum growth this year because the price movement is not so fast as it was in 2017 when bitcoin was at the highest level.
be aware that the altcoin season is different now from what happened in 2017. Currently, the dominance of bitcoin is strong but it is offset by the strong market adoption of altcoins. Moreover, there is support from many successful ICO projects. and now you can see a different market situation.this season only for altcoins that have the ability to follow the dominance of bitcoin. those who are on bad news and without development will have little effect from the bitcoin pump.
while for the decline in ETH, it is very natural to happen when bitcoin is experiencing a correction. but when the update is running, I believe ETH can be an asset that has a stronger market than it is today.
That is one of the characteristics of crypto market, when the token/coin reached it ATH then after few days it will dump for a certain amount of percentage and it is called as "market correction" but after few days it will pump again but it depends on the coin/token itself.
Dips from high peaks are part of the process in cryptocurrency trading. The higher the price is skyrocketing, the greater the correction. The 20% correction is not a big correction in the case of cryptocurrencies. But don't worry, the good thing is that after every correction is coming new ATH, so just wait few days and you will be happy. 
Ethereum is still the best altcoins, so investing in Ethereum is very profitable. It is true that since Ethereum peaked at $ 2000, then it has corrected
around 20%. But it's still a normal thing to happen, because some Ethereum holders do take profit. Or it could be that the cause is following
the price of Bitcoin which has also fallen by around 20%.
But if you look at the current Ethereum price which has started to rise and has reached the price of $ 1800, I believe that in the next few days
Ethereum will return to a price of $ 2000 soon. So congratulations to Ethereum holders who didn't panic and didn't sell the Ethereum they owned
when the Ethereum price dropped. Especially for those who have dared to buy Ethereum when it dropped to a price of $ 1400, now your estimated
asset must go up quite high.
around 20%. But it's still a normal thing to happen, because some Ethereum holders do take profit. Or it could be that the cause is following
the price of Bitcoin which has also fallen by around 20%.
But if you look at the current Ethereum price which has started to rise and has reached the price of $ 1800, I believe that in the next few days
Ethereum will return to a price of $ 2000 soon. So congratulations to Ethereum holders who didn't panic and didn't sell the Ethereum they owned
when the Ethereum price dropped. Especially for those who have dared to buy Ethereum when it dropped to a price of $ 1400, now your estimated
asset must go up quite high.
The correction is done and the markets are heading for new ATH again.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
This is exactly what happened. Corrections are perfectly normal in any financial market, including Wall Street and any other exchange.
At the moment we should be leaving the correction period and building the price up to the new ATH.
After reaching it, there will be a correction again, but it is difficult to predict when it will take place and how deep it will be.
harder but somehow people could make their own analysis on at least entering the market on the right time even though the price isnt on precise entry but still ending up on making profits
when the market tends to shift on or do make out some recovery.This doesnt only limit out on ETH but in all coins in the market would having the same path when it comes to price pumps and corrections.
Dont ask out on whats the reason for such dip or crash because no one would ever know unless if there are news or sentiments around then you can presume out for it to be the reason.
Corrections are perfectly normal in any financial market, including Wall Street and any other exchange.
At the moment we should be leaving the correction period and building the price up to the new ATH.
After reaching it, there will be a correction again, but it is difficult to predict when it will take place and how deep it will be.
It may take some time to reach new ATH, when it happens it will happen very fast but until it happens we may stay the same. What I mean by this is that we may stay at this price for another 10 days but one day in 12 hours we may see it go above 55k+ suddenly, that is how it usually happens. This is why I think it is quite obvious that we are going to beat the ATH but we do not know when that will happen. This doesn't change suggestion though, it just means we should be putting our money into bitcoin or any healthy crypto and wait, maybe it will be tomorrow maybe a week later or maybe a month later but we are going to beat ATH once again and have a good profit.At the moment we should be leaving the correction period and building the price up to the new ATH.
After reaching it, there will be a correction again, but it is difficult to predict when it will take place and how deep it will be.
However most of the community is already in, there are very few people who are out, even that correction didn't make most of the community leave fully and most of them are still in with their money so they are just waiting for some rich folk to buy more.
The correction is done and the markets are heading for new ATH again.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
This is exactly what happened. Corrections are perfectly normal in any financial market, including Wall Street and any other exchange.
At the moment we should be leaving the correction period and building the price up to the new ATH.
After reaching it, there will be a correction again, but it is difficult to predict when it will take place and how deep it will be.
The correction is done and the markets are heading for new ATH again.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
This is exactly what happened. Corrections are perfectly normal in any financial market, including Wall Street and any other exchange.
At the moment we should be leaving the correction period and building the price up to the new ATH.
After reaching it, there will be a correction again, but it is difficult to predict when it will take place and how deep it will be.
The correction is done and the markets are heading for new ATH again.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
The Bull is still strong I would guess. I don't think a market drop is in place any more until new ATH is reached for many coins.
From USD2000 dropped down to USD1400 for only 2 days?
Anyone knows what is happened?
Anyone knows what is happened?
I believe this was due to several factors. The first factor is simply someone, perhaps the miners, put ETH up for sale and some of the big players bought this ETH. The second factor, someone wanted to buy ETH at a price lower than it was at that time, and for this the price was artificially lowered, and after that the buyer bought ETH. The third factor that can influence the fall in the price of ETH is simply a correction in the crypto market, especially since prices have dropped for other top cryptocurrencies as well.
ETH dropped over 20% from the highest peak, it's just because the sudden drop and short correction from BTC and another altcoins, that's why it's going down about 20% from the highest peak of the price, but still, don't worry too much and don't be panic.
Over the full year, ETH has risen by more than 700 percent. ETH's price already becoming stable and reach $1838 and i t will reach $2k sooner.
Over the full year, ETH has risen by more than 700 percent. ETH's price already becoming stable and reach $1838 and i t will reach $2k sooner.
Eth retraced exactly on the 0.38 fib. Let's hope this level hold.
It's a normal correction, we have to remember ether was at 90 dollars a year ago...
It's a normal correction, we have to remember ether was at 90 dollars a year ago...
The market rectification was not occurred for long and one ought to consistently plan for the revision and ought not be strained by the adjustment. A couple of now are purchasing Ethereum as the larger part are picking other potential coins that could save them tremendous charges and furthermore productive. We can't simply disregard this as we are likewise spending the assets carefully and we need to discover another way.
At first no one knows, that the eth will suddenly increase too much since it was so slow start of the eth. Somehow many users expect on the eth in which it is one of the most popular in the world of crypto currency and I believe it will definitely increase and its a great chance by those traders to buy and hopefully it will back to it's peak value or more to gain profit especially nowadays.
From USD2000 dropped down to USD1400 for only 2 days?
Anyone knows what is happened?
Anyone knows what is happened?
The cause is for the reduction of bitcoin price.When the price of bitcoin had increased to high value,you can able to see good rise in the price of Ethereum also.But you should need of patience.Keep buying Ethereum at all low price.You may get shocked at one time,the returns you are getting from the investments.It will make you happy at some moment.
The nature of this business is very volatile. If you are unable to manage
situation chances that you'll be panicking from how things are moving by now.
But to those who understand how to take advantage of this correction, buying is the first option after analyzing the possibilities, for now it
mostly cause by traders who managed to buy at the dip and now cashing out and enjoying the profits that they've gained from that last pumped.
We don't know much about trading, one of which is the influence that big players have. if the big traders have already made trades, they can take control of the situation. whether they will raise prices or vice versa. but this is just my assumption 
Big players are very influential in the crypto market, they can even control the situation in the market. As an example, DOGE experienced an increase in price some time ago after ELON MUSK made a twitt about DOGE. But Hype Doge lasted only a moment, because the community has been traumatized enough by the big players like ELON MUSK did. Jump to: