Bitcoin Forum

Why happens these suddenly rises?

Today its now a big deal when one coin on our portfolio rises with $5 - $10 for few minutes.

But suddenly it will be followed by a bigger loss so that doesn't really matter anymore. And its current price is $84 which is basically low to those that have bought it when it was higher than $100. These rises are made by a quick pump and sell order if someone buys with a large amount of ETH equal to price increase.

It's not serious for Ethereum. For ethereum with it's high volume and big price 3$ isn't so big. If it was 10$ it would be better. For crypto 5-10-10% isn't so big. It's interesting when the growth is bigger.

if this down trend continue,,
the rise of ethereum with only 3$ even more is only a corrections from the down trend my friend
so, nothing special with thus price movements buddy

I don't think you should be bothered by a 3 dollar increase in the price. Because during this market situation, it will be followed by a landslide and the prices will even get lower. This might be a good thing for other people hoping for the skyrocket to start but not we should focus on investing right now.

I really do not see why this is such a big deal, maybe to you that seems like a big movement because you are a newbie in this market, but that is nothing, the market can move much more than that, so what you are seeing is nothing more but the natural fluctuations that will happen in ethereum and most coins, do not think much about it because the most likely thing that will happen is that you will be unable to find any specific reason about why ethereum moved in that way.

If ethereum increase a value it is good for us because we can earn more money. It is goodd sign for the ethereum to increaae the value even the market dumping right now. Qe expect the price become high in the future.

In half an hour, it will fall by $ 5, will we grieve about this? Good volatility to play on falls and rises! Use it, that’s what cryptocurrency is good for!

market now unpredictable,,
the price of ethereum could down more anytime, because this situations is too bad for all cryptocurrencies and i think there is no exceptions
i hope next year the market will change,, and the bull will come   ;)

Still in a hugeeeeee downtrend from June...

Potential bull trap

ethereum rises in few dollars below 20 and maintains balance and that is the rest it can go but i believe the version 2 of ethereum which is tagged serenity will see it hit another all-time-high as it promises to be something big and remarkable compared to the already existing ethereum we all use today.,

Please this is not a relevant information on ethereum. Even if it rises by more that $3, it is not a positive news. We need at least 50% price increase in a day.

Just go back to basics to answer your question. Law of supply and demand. If it goes up, I think the main reason is that there are people who were buying and less people were selling. No need to go technical and add rumors to the slight increase that has happened.

I don't think that this rising have big influence for the value of this coin. Moreover, comparing the price of ETH in prior, some ETH holders might seem it has nothing special for the price because what they expect is the rapid increasing of ETH price.
it may be good if ETH rises continuously 3 dollars every 30 minutes, not in the case of rising then going down then rising again. we expect ETH is increasing without any decreasing.

There should be confidence and majority of investors and traders started to buy not just a few individual or groups for the price to continue to rise again, it's still a see-saw but the slide of price is the one that is very relevant, and people are watching for the price daily if it is will slide more.

it is a $3 rise after $1400+ drop.

and it is not even worth starting a topic about. it is a 3% rise in a market where similar pump and dump-y coins rise up 100% to 500% in a single day. by that standard you can consider ETH dead although it still isn't.

I think $3 is not a problem, guy. Because I check ETH price approximately 10 times per day, and volatility with $5-10 is normal. If it increased $30, that would be really problem.

That could be the market movement, where some people purchasing coins making the demand on that coin increase, that way will also make the price increase.

There's nothing special about it. The market is in a downtrend and this figure at the moment does not mean anything. There are no signs of a reversal at the moment.

LOL, it's just $3, not $30!! For ETH, $3 doesn't matter just like for BTC $30 doesn't matter. Man, everyone is trying to find some good news I guess. Every uptick sounds like a rally for bull run!

For ethereum, raising the price of three dollars does not mean anything, even in a short time. This is a common manifestation of the decentralized cryptocurrency volatility. In addition, last night the ethereum course, according to CoinMarketCap, was $ 86, and today it is 84.
However, nothing dangerous happens with ethereum. This coin falls in price due to a general fall in the cryptocurrency market.

This is normal, isn't it? Someone tried to make it rise and sell it to earn the difference. Is this not a rule for investing in cryptocurrencies?

Sarcasm,it isn't a big bump so don't take it as serious bump and move on.

If you want to see more bump in the prices of crypto currencies then you should buy and hold more coins now when the prices are still cheaper.

ethereum if you have a good event, it is very easy to make the price back up because the demand and support from ethereum is very much.

Do you know what $3 means for Ethereum? It's nothing, you know that Ethereum has reached nearly $2,000 in its ATH, so $3 is nothing compared to its ATH, and it can't even be called "fluctuation".
For Ethereum, even if it immediately rises by $300, it’s not surprising.

Going to the point.

The situation right now that we see is just all about the price but if we see to the fundamentals and adoption's, we will never see the impact to the price. Investors are looking for long term and short term people that thinks of getting rich quickly will consider these pumps as their chance to hop in.

Such a movement happens almost every day and it is nothing special or interesting.  Someone just bought a little Ethereum.

Standard market behavior. Correction. At such moments do not pay attention. It is necessary to wait until the father of Bitcoin begins a rebellion from the ashes) And then the ethereum will tighten up the rest of the tokens and coins)

Man, are you kidding? 3$ for ethereum is nothing, half a year ago there was a gap between buy and sell orders for 3$ and nobody cared about it.

Some people get simply too excited about something that is not worth to take our attention, the price of ethereum is not really moving that much and after a few days of growth we are seeing that the price is going down once again but it is a coin that I'm watching very closely because I have a feeling that during the next months there is going to be a huge recovery and I do not want to miss it because I want to get those profits for myself.