Bitcoin Forum

Ether is showing signs of short-term recovery against the dollar. EUR / USD crosses the resistance at $ 380.00 and is currently facing other barriers of $ 400 and $ 420. However, the current price is Sideway at $ 380 - $ 390 area.
https://i.imgur.com/qPrxUMU.png
- Ether prices recovered after forming support around $ 360.
- ETH / USD broke a significant downtrend line with a resistance at $ 380 on the 2-hour chart.
- ETH / BTC is trading at the Sideway (neutral zone is not trending) around 0.0550 BTC.

THAT ETH / USD CAN BE RESPONSIBLE?

for several months eth declined drastically and already at the lowest point,is now beginning to increase may recover in the next few months and maybe this month will stay at a price of about 400 $ and i hope eth recover quickly of this decline.

It's kind of like a really long techno song. I'm waiting for the beat to really drop.

bulltrap happens all the time. it will break that resistance but drop after it. you'd really have to wait and keep waiting till you see the sideways for weeks. there is no assurance for the recovery  yet. going sideways for the rest of the year is possible but maybe on december it will be pumped again as always.

I also hope that I have finally recovered, the forecasts spoke about the worst result for him. Let's observe for a week how it will behave at the level of 400 dollars and then make the final decision.

It still depends on the demand for eth. Charts show support and resistance to help us predict the future of eth but there's no guarantee. For me, it should be back up by news, announcements or special events. ETH/USD or any pair can go any both uptrend or downtrend.

It hasn't but it will.
Still the trend is uncertain but when the crypto market will ride the bull, Ethereum would be the one leading.

sure it will recover ,but i didn't know it recover right now ,maybe big whale want to cheat us then dump further.

It could be bullish break and its getting replicated in almost all the currencies including the bitcoin. Now we have to agree on one thing that ETH is more or less BTC dependent somehow, the reason could internal management who is trying to make the movement of ETH in similar manner to BTC.

There is no reason to take USD into consideration because it has not impact either on the down trend and bearish market. The main focus shovel always be time of the year and also the BTC market fluctuation itself.

Also, the market is not trying resist really but it is kind of following the different orders of patterns depending upon the buy and sell walls in the market.

Obviously it will recover it is also in the process of correction & there is some chances of more dip but after that it will be stable.

That stability will show the rise in graph & I think it will the best time to buy Ethereum in that dip, cause in this serious of dip it should be the last dip.

indeed on (03/04) the price of ETH has increased slightly but not yet fully recovered, hopefully this early rise of ETH price and other coins in the market to recover and return to stable price lane

Bought Ethereum and waiting for growth. Don't scare me. And personally, my prediction is that by the end of the year, I in any case remain in the chic profit and nothing to fear.

Lets hope and prat for that recovery. Just bring more patience in everyday duties. Sooner or later it will be ok. We will wait for it.

It is still too early to tell if the market is surely recovering.
Although I believe it will recover sooner or later, we should be prepared for some possible downs along the way.
With that being said, I would certainly buy eth if I had any fiat.

We will see a price increase very soon, maybe not a crazy jump, but a stable increase. I do believe that its price will reach 2,000 in 2018, though, no one knows for sure.

Use daily chart will help better to decide  support and resistance, in my opinion in daily chart ETH price on overbought now and will be consolidation in a few month, after that try to start bullish and will be going to $1200 again.

It will recover anyway. Looking forward for Ethereum Casper.

The price of the ethereum began to slowly recover, but it's still not what we want. I want the market to return to the way it was in January-February.

Really nice post.  ETH has dramatically losing its marketing cap and sharp decline in value for last 2-3 months. I do not know what is the reason behind massive sell-off of ETH, but I hope so, it will recover soon very fast.

Certainly there has been a lot of hype, some of which are completely rubbish. Corech's core innovations in blockchain technology, distribution ledgers and Ethereum's intelligent contracts are factors that change the world. So I think the value of ETH will match those factors. That is why I predict Ethereum's value in Q2 will rise to $ 1,500. Remember that the price of ETH was almost at that level in January.

Now the tendency to the growth of the Ether is being seen, but I'm wondering how the price will react when asics Bitmain comes https://shop.bitmain.com/product/detail?pid=00020180403174908564M8dMJKtz06B7&utm_source=twitter&utm_medium=social&utm_campaign=e3-announcement
If you look at the characteristics, then the asic is more efficient than video cards. We will look at what will come of it.

im hoping for a further drop to $250-$300 so can buy in more.
wouldnt call it recovered til around 800 mark to me

i guess eth will really recover, but very slowly, and it will price not much higher than 400-450 in my opinion. However if it will be not growing new bubble for all crypto.

As soon as we get BTC at 15k USD ->>> ETH will also recover to ~1k USD. Or when Buterin makes some updates to ETH chain.
Current recovery is not a solid point on which you can base your opinion. After such huge correction I expect that everything may happen - even ETH at 250-300 USD. Month ago I didn't want to participate in ICO @ 700 USD per 1 ETH because I waited for market recovery. I beleived that 700 USD was a deep.
But now I may expect everything...

TODAY'S ETHERNESS WILL BE INCLUDED IN $ 370 - $ 385
IF CLOSED AT CURRENT PRICE $ 375. D1 POSSIBILITY TO SHOW 1 COURSE ISLAND. PARTICULARLY THE DAY IS INCREASED. ALSO IF IT WAS $ 365. THEN THE DAY WILL HAVE A CONCENTRATION OF $ 356.

Apparently this is still temporary restoration. Ethereum has fallen along with the general market drop and will also rise along with it. Unfortunately, all the altkoins are still dependent on the price of bitcoin and I hope that one day such dependence will cease. However ethereum has always been and will be one of the best and promising coins and now is a very convenient time for its purchase. When the market begins to recover, the price of ethereum will again increase several times.

I think it's too early to say that eth are recovering because it's still in resistance and many are accumulating more at the bottom. While many are anticipating that eth will follow btc when the train is ready for the moon and will hit its new ATH. Seems it needs some good news to uplift its position from the market.

Hope everyone gets on board.

As far as today's market trends and prices are concerned, it has basically reached a certain stage, but it is still very weak. There are not many people to buy. Everyone has no more funds to enter the market again.