Bitcoin Forum

If you interesting to trade
According to technical analysis, the ETH will up to the resistance around 245(may fail to reach to 245), then down to around 215, check the chart for more details.
https://screenshot.net/mq490i4 (https://screenshot.net/mq490i4)

a simple analysis with trend line,, anyway what timeframe did you use it to analyze the charts mate
maybe a little corrections will come to eth and other cryptocurrencies
but, thats only for a while, because after that a strong price movements will push the price up  ;)

Yes, hopefully this will really happen, I see now the market is undergoing a correction and hopefully it will end soon followed by a strong push for further price increases.

I wish you were right. Otherwise, last year’s scenario may repeat when growth began in April and ended in May.

Accumulating period for investors who believes that the market will be much stronger after this corrections, panic sellers will be victimized again by  this uncertain situations, if you are planning to work with this project for long term investment, buying more and allow the reversal to happen will not affect
your holding , keep it and enjoy watching the rise and fall.

Yep I think I'd enjoy watching the market goes up and down for maybe more than 3 years til we see a major bullrun like 2017. News has become a powerful tool for crypto, after the cracking down of mixers, prices suddenly drop. Early June we may be hearing another good updates, price may rises up again and once another mixer or probably exchange is hacked price will dip again.

I think ETH is more dependent on BTC at the moment. If BTC suddenly starts going up, then ETH is likely to as well. And if BTC drops then ETH will drop.
I can't see ETH going a different way to the rest of the market in the short-term.

It is since most of the time when Bitcoin changes prices those altcoins will also follow too, unlike before where both altcoins and Bitcoin have a different trend. But now they seem to have the same trend as Bitcoin too, so if Bitcoin grows today then probably most altcoins will grow too.

This is just a prediction no one knows what will be the price of any crypto like ETH but like the above said I think the price of ETH is also depended on Bitcoin price so always make sure that you also buy some ETH today and buy again if the price of eth drop to 215 because I believe that ETH will increase more due to upcoming development(Just heard from others) if this is true it might push the price higher than BCH.

It can be right or wrong, technical analysis is sometimes correct but not all of the time it is. But I've learned that we can't really tell where it's going, we see it swaying from time to time.

And there's no assurance that it will increase most of the time but as long as it has gotten out of $100, I'm good with that pricing. The impact of bitcoin halving can eventually be felt by ETH in a positive view soon.

I wish I was really interested in trading, this would have been a great tip for me but unfortunately, I would rather prefer to continue holding my coin so that I dint make mistakes that are uncalled for. It is far easier and less tensed for me to hold than to trade because if I am to always follow tips like the one you give, what happens to period that you are other analyst are not available to give the tip.

If I am interested in trading, I think it would be better for me to personally do my own technical analysis, then I can be responsible for whatever decision I make in the trade without having to blame my loss on someone’s tip if it goes wrong.

In crypto market both BTC and ETH are follow the same way because of investors and trading time. Most of the time it will move forward and backward at same duration so some peoples are like that. But Investors is the only reason for all the pump and dump so it will continue in further days.

Well great drawing and analysis here

I would assume that ETH break the $200 level
So $200 should be a significant support level for bears to breach if they wanted to
It would not be easy to breach that level because we can see the volumes actually multiplied compare to months ago
Unless majority are the seller, else i don't see it goes beyond $200

If it dips it's just time to buy more haha  ;D  ;D  ;D

Those charts with lines dont working, if it was so easy all of us became rich in 1 year, crypto market is manipulated and people who doing that can draw all kinds of charts you want buddy, nobody knows what will happen tomorrow, you got to be very careful.

yes right my friend. but seeing the current situation allows ethereum to reach even higher prices. seeing the current development of bitcoin soaring significantly. and this will have an effect on ethereum which will follow the price of bitcoin

technical analysis has never worked for any of the altcoins, specially those that rely on hype and pump and dump so there is no reason for that to change now and suddenly start working for them now. your analysis here isn't that good to begin with either in my opinion. currently there is a nice stability to bitcoin price and everyone is starting to pump the altcoins as the money is now moving to altcoins to increase before bitcoin starts rising again and altcoins get dumped hard again. so there is a good chance that ETH is among the list of coins that soon are going to get pumped but for now other hyped up coins are taking all the attention from day traders so there is not much money left for ETH.

I also think that technical analysis never give the correct move of the price, and even if somehow guess it, is possible after some grow to have a drop, but anyway i think Ethereum is a coin to hold for long.

Same here, if it dips under $220-230 i will buy more ethereums. Sorry to OP but i'm not trusting thing like that, i prefer check the chart by myself and predict by my self.

By looking at the market condition, i think ethereum price will stable at $250-$300 until the end of the month

ethereum is still good to invest..even if it reaches 250 still good to buy. remember the ath price last time

Its current price has increased to $ 250 and it's really a great thing. uptrend has arrived and chart predictions will not have a high level of accuracy. Purchasing power is increasing and this is the time for us to make it easy to buy low and sell high strategies.
But don't be too greedy guys ;)

I am waiting for the steady growth from the idiom this is the next that I wanted for study income for me every time without any confusion when it goes up only then there will be a lot of opportunity to invest that's why I am thinking about stable market with good improvement.

It is never too late to buy Ethereum even though the price reaches more than 250, because ETH is a coin that can provide benefits. indeed at this time Ethereum has reached $ 250 and that is a tremendous price development from this coin. of course everyone is interested in trading Ethereum because this coin is indeed good to be invest.

maybe that can be used as a reference for traders about current ethereum prices. so that investors or traders can determine the profit that they get and not wrongly speculate in ethereum.

The ether still has quite a lot of potential for growth, and it slightly fell to the cue ball, so the next move could increase more than bitcoin

I see the potential of ethereum is very good and can be stable this year because this is the beginning of the rise of ethereum prices, and this will come back to last year where eth can touch high prices in 2017 this will happen this year

too early to match ethereum with bitcoin, ethereum is still in a defensive condition or correction, It's still not stable, it's different from bitcoin when it rises, bitcoin continues to rise high

My analysis of Ethereum in May this month. Ethereum will go to $300 but it will be difficult to accomplish. Because I see today buyers focus on the increase in Bitcoin prices. For June may the price of all the coins will be higher because in that month there is a big day moment.

The steps I took are still holding Ethereum. Potential in the month of May is still very large to increase the price of Ethereum. Indeed the price is still going up and down but this is the usual thing to happen. I believe that until the end of the month Ethereum will continue to pursue until $300.

this is a fairly simple analysis and I think the next step of ethereum will continue to increase up to $ 300 or even higher in the near future if it can still maintain the current momentum, slowly prices will continue to increase after getting corrected.

It will go to the place like the valuable in the end of this year but if it not go well then the investment people take the chances to invest another currency then the ethereum will not valuable anymore that's why I think this time it definitely take a step to move forward in a big step

$250 is not a safe zone for the next move of Ethereum. It takes time to hit the $300 but I am sure that level will be broken in 3 months. Technical analyses and MACD indicator guide us to find the perfect exit point for the long type orders.

The price of ETH in a week is really stable and only a slight increase in Bitcoin can make ETH reach a price of $300 in a short time. I think don't rely too much on technical analysis now because it won't be applicable in the bear market so trust in an upcoming bull market . If you are worried, you can sell ETH at this price. Personally, I will keep ETH in the short term and at least later this year

it just falls at a price of $ 235 as a minimum and now it has risen back to $ 250. Although your analysis is correct and it completely convinces me, in the crypto market, anything can happen. Suddenly the volume may increase sharply and the price of altcoins may be higher than expected.
Anyway, thank you for your dedication to the strategy. ;)

I don't think it will actually come down to $ 215 in the future. Although our market is unstable and its fluctuation is very large. but the price of the ETH cannot fall so miserably.
when altcoins are developing well, ETH will grow twice as well. I am very confident that it will easily reach the $ 300 price threshold in Q3.

I think BTC will prevent ETH falling. For ETH to drop to 215 I think it would need BTC to drop below 7000, which I can't see happening any time soon.
Alts are already low vs BTC compared to historic levels. The only way they'll fall further is if BTC surges upwards again - which may happen, but alts would then increase as well shortly afterwards.

Yes thats true, I remember buying 3 eth at 300$ before the bull run. It really gave mea huge profit during the time it reaches 1kusd. I think today is till bottom sink. But those lucky guys are mucj luckier who bought at 150$. Imagine the profits they will earn if ATH comes again.

Well there is no guarantee the ath prices will be back ever again, for eth or any other coin. But a man can dream  ;D

there is no ban on you making predictions, and everyone here can make their own predictions. even to reach ATH, ethereum it might be possible, but nothing guarantees that it happened. if you want to see the truth, you can see it on the market, and you can deduce yourself.

The Eth resistance level is look like 245 and now the price is around 249 .It could be fall down if the price touch the resistance level and go so down .But its still have a good uptrend .Hope it will keep continue the positive trend .

I think this is going to be another good year for cryptocurrency. Unlike the previous year most of the time went on a slump and all we could do is to keep on purchasing altcoins that are good to invest on. I think the next move will be a big push further and we can already dump if we want. And I also see the corrections this year.

The increase in ethereum has been awaited by many investors and a few weeks ago the increase came, although at this time there has been no increase in the ethereum market but it has been quite convincing that the next increase will come soon.

I only trust my prediction because Im a person who did not believe fast to the prediction who are negative because you know what Im do that I ignore it. I don't care if the other think prediction of ethereum is turning to that value but because I think only is 300 dollars for the ethereum and it will happen.  215 dollars for the ethereum will not happen this month and probably next month because the movement of ether is uprising.

the increase will occur if there are investors putting their money in ethereum or on other altcoins. it will automatically increase transactions from ethereum and surely it will grow the price of ethereum.

The guys are not greedy. Simply many of them invested in Ethereum when it was over 350 dollars. It is natural that everybody is waiting for the better growth of the altcoins. I guess the ETH price will go up.
Recently, the news appeared: Ethereum Foundation is going to invest 30 million at least in the development of the main, key projects in ETH ecosystem.

I analyze what I now do. I do daily trades and every day I buy a few coins and include Ethereum. Ethereum will continue to move up and if the price decreases it's the usual thing. But I see the condition that Bitcoin continues to rise so that the condition will also affect Ethereum.

That is for sure, ethereum will move to the higher price although we don't know when is the time.
The next target for ethereum will be at $300 because that price is hard to reach for now because bitcoin price itself is not moving to the higher price or break more than $8500.
I still buying ethereum too besides of buying bitcoin because I feel that ethereum will be the next coin that will increase again but I don't just expect ethereum to increase by alone because I am sure that other coin can increase too.

I was around 11 o'clock, I saw the ETH price was at 245 and now I saw it at 263 dollars. Even though it was a weekend correction or indeed it was time for the coin to go up. your opinion? do you have the same thoughts as me

Ethereum and Bitcoin has a peculiar way of embarrassing analysts/analysis. I am sorry to burst your bubble because Ethereum never dumped to $215 but currently holding strong at $260 while bitcoin has broken the $8200 resistance

Actually, that is what i've observed. ETH follows the path of bitcoin. But anyway, your technical analysis seems going well and hope it will soon rise so we can benefit from it. I'm hodling some eth for so long and honestly, I can't wait for the right moment to perform the bull run.

The bull is already here for etheruem as bitcoin continues to make progress. I think OP's analysis is not far from what it is. On a long-term, holders will see profit like with bitcoin.

for now there seems to be big growth only in bitcoin, but for the next few days I think ethereum and other altcoins will follow the growth that occurs in bitcoin. it will be very possible for ethereum.

Only our trust will give an opportunity for ethereum to surge high same thing it happen last 2017. Having a positive response from Bitcoin pumps, mostly likely all altcoins are moving also. We knew ethereum's capabilities and investors are having their trust on this coin regardless of how many times it falls down deep. it surely rise up again and this huge correction will result a better market price trend.

Eth at low price, when BTC at 7500+, do you think this is good time to purchase Eth. Will Eth rise this year?

yes, we can see altcoin also gives a positive response to bitcoin growth. but this time the growth that occurred seems to be still on a small scale. if later it can survive without correction it will be a good stage of growth for the market.

You better stop relying on those resistance things you are talking about orstop studying technical analysis for ethereum and some of these altcoins that are in the top 20 CMC because their increase has fully been based on bitcoin increase.

So if you want to know if ethereum will rise or not, just keep your eyes, study and analysis focused on bitcoin, once bitcoin break any strong barrier, then its sure ethereum will gain value. If these altcoins increase has been purely based on their strength or on the their market usage, TA would have been ok to use in forecasting,but right now, they are only working with BTC movement.

Yes, at this stage, all alts depend on the movement of Bitcoin, but when the cue-ball comes out for correction, some of the crumbs from the table can go to the altos, and they will go against the growth of Bitcoin

all trading activity will use a technical analysis to know when we must buy or when we must sell in good conditions mate, and a lot of expert use it buddy
as long i use this technical analysis in crypto trading its very usefull, so do not ignore this technical analysis my friend ;)

Very much possible, those fat whales always loves to play with the market, if they will start bringing money inside this project it will bring big
bumped up, if anyone plans to invest with this project, it should be studied and understand those factors that will bring impacts to it's value.

in fact, although everything indicates growth, everything is quite possible, and even that everything will generally fall, although the probability of such an event is very low

I think the question of whether ETH price moves up or down will be determined by the wider market. If all of crypto moves up then ETH will too. If it does continue to rise then I expect it to outpace BTC. ETH looks undervalued at present.

I am sure that eth prices will return to high again if the BTC price has started to rise high. We know all ETH and BTC are like something that cannot be separated like brother and sister. So we must be sure ETH is the best option to save assets.

I do expect that to happen and ethereum should create another high with the funds flowing into it as it share the profits with bitcoin and other altcoins. Currently, everything about ethereum are in red and not only ethereum but the generality of the cryptocurrencies market. I think this current correction has ended at $7905 and there is a strong Support at that Area. The next bull run is going to be a strong one.

Ethereum has dropped a lot more than bitcoin if you look at the charts from one year ago but this just means that ethereum has more room to grow once they hit their old all time highs.  I know a lot of people wish they bought sub 100 dollars but the price is still very cheap right now.

Even ETH will drop hard and even it losses a number of investors but its potentiality will remain.
Yes, it drops hard but it has a big return after. What we know about Ethereum since before will be constant and that is the reason why old investors will look into this rather than of choosing new coin.

Compared to the price drop of bitcoin there is much higher percentage of drop with ethereum. When there is loss with ethereum it gets reflected over majority of the altcoins. As stated the price increase of ethereum is more to come. The ath of ethereum is far from the present market price, even now it is good price for a bigger investment.

It may be possible because when we see the current situation that will be lots of collapse and confusion going on but in the development of the ethereum only go up and up the good move from the currency which will be getting better results

My thought process is that the price have exhausted itself and if you are looking at growth when you compare the price, i would say it is not growth as per the real growth for the long term, ETH had a good time when the scam ICO were flourishing and collecting millions and billions of dollars and we all know how many projects sustained and how many had their own main net after using ETH as a ICO platform, so things are not that bright as i see things .

I simply think the next ethereum big move will happens in the next year will ethereum become a proof of stake coin instead of proof of work coin good luck for all

ethereum coin has a great opportunity to grow. bitcoin has started an upward movement from the correction that occurred. but hope to remain vigilant, because bitcoin can at any time experience a correction again. and that will have a big impact on ethereum.

Well the TA is true and we have passed that 245 resistance also have climbed up to more than $300 but this is not what we need because the highest price ethereum had reached is $1,500 very far from the movement today not like bitcoin that tooled more than half of the highest value ever had,when weeks ago taken the $14,000 value again only $6,000 to pass the $20,000 all time record

I'm not sure how relevant TA is to alts during a strong bull or bear markets.
We have been strongly bullish for a couple of months now, and I think ETH gets dragged along by BTC to a large extent, I don't think TA works that well in these conditions.

TA doesn’t work if there’s a big hype in the market, actually the previous pump is unexpected. I remember the level of ETH on this level since I bought it because i know the pump is coming, i think luck is working well most of the time. The next move for ETH is to bounce back, and don’t follow the downward trend of bitcoin, altcoins should start pumping.

I found that ETH always increased and decreased according to BTC. Currently the price of ETH is still low compared to the price it achieved. So we can still buy and hold ETH. It will soon rise again.

and of course I'm sure ethereum will increase in price later, see in the past few months ethereum has risen significantly, so the decline in ethereum prices now don't panic my friends I think this is just an investor game and this is an opportunity to buy ethereum

ETH drop but it was because of the BTC bad price in the past days, but now it has recovered and ETH is back up again.
We don't see some big significant rise on ETH yet but BTC there is a big rise already, all eyes are on BTC now so let's relax and don't expect much in ETH.
When the altcoins season starts, ETH will lead the altcoins market for sure to rise.

The next move of ethereum will be depended on the growth of bitcoin. As of now it is termed that bitcoin is under correction. Slowly when the price of bitcoin starts to surge high can expect good level of growth to take place with ethereum. At present good growth is happening, and it can be used as the right time to buy ethereum as there won't be some big dips to buy at a lower price.