Bitcoin Forum

Maybe you're right.

The downtrend is across the entire crypto industry. You need to look at the big picture instead of just focussing on aetherium or any other single cryptocurrency. If you look at all the cryptocurrencies in the past month, will actually the past few days they have dipped a lot. For example, Bitcoin was worth $10,000 a few days ago, and now is worth only 8,000.

I agree with your opinion as far as I see, Ethereum is also showing signs of recovery with the current price of $ 174.81 but if any adverse effect is very likely to be the bear market is going to happen so let's team up.
I think Ethereum will be able to thrive. For example, after the last seven days of severe price slump to $ 167, but there is a sign of a $ 174 return, I believe Ethereum will return.

i think now market still on consolidations my friend
because global market capitalizations of cryptocurrency still run above 200 billion USD
thats mean the bears already over few months ago, except if the cap down below 200 Billion USD,
maybe the bears will come back in crypto market

ETH might likely go above 200$ just soon since there is positive development news (ETH 2.0 on the way). A lot of accumulation for ETH reason why I bought some at 166$ two days ago.  I might be wrong but I do think it's a good time to buy more ETH, the market is unpredictable though.

Its movement was slower than its recovery although this is much better. The slower the better for me, as we can see the growth is real and there's no more hype about Ethereum.

We'll finally see the true growth for this coin unlike the last years, it wasn't really a natural growth because many have been buying to it due to the hype of ICO.

no one knows where the price of ethereum will go but im pretty sure ethereum wont go dowm below 150$. We are entering the bull season and this might help bitcoin and altcoin to recover.

I do not agree with your opinion when making comments based on the price of Ethereum. There are many factors to determine the market trend, but I do not think that based on the cost of any altcoin can decide that. There are too many events that have negatively affected the market over the past few days, and that is why the market gets worse. However, it has begun to recover today, which is amazing. I believe that shortly, the market will become more stable.

That's not enough conclusion because I saw ETH price last gain 10$ from its past price then suddenly it drops to under $100.
the worst ETH I've ever seen the hope that it will never go that far again because I have some in my wallet waiting for it to get to $300 so that I'll be able to withdraw it from another exchange which has a required minimum withdrawal fee.

The struggle between the bear and bull is still playing some active role and the eth price directions can not be determined despite that there is a pull back from 168 to fairly above 170, we should watch out today for retracement and btc price consolidations.

We are now above $168 and reaches more than $170. But I am not sure that the bear will be over after this. We still need to wait for more as the market now can go down again. But if we visit on the exchanges, we see that the altcoin price is trying to make a change and of course, that will bring new hope to us to see the increase in the price.

We will see the bull market soon, and no matter how long we wait, the bull market will come to us. I am a little bit happy to see the market has changed from the red candle to the green candle, and that happens too with Ethereum. I wonder what will happen in the next week and if the situation is like this, then we will see a good movement from the market.

The value of ETH changes over time and this year this coin doesn't bring much value in investment because most people tend to participate in IEO at more top exchanges. I think ETH needs a new strategy to change this market because investment demand this year is so low and we cannot predict the future of this coin. In fact, we have seen a lot of big discounts so this year the price of ETH could be lower than $100 any time.

I don't think now it's the bull season. Bullish for crypto has been ended when bitcoin hit $13k and now the price starting to goes down again, since past week, crypto price is on downside. Why you can sure ETH won't drop to $150? We ever seen ETH at $88 when it got dumped

My answer is no. When the market has just experienced a terrible storm, traders or speculators always wish to get their capital back quickly and they want the market to be pumped back.
If it stays above $ 168 without a strong pump, the speculators' vulnerability will gradually increase and the accumulation of depression will continue to sell off to avoid the whales. panic sell first.
This has been the general sentiment of the crypto market in the last 3 trading years when it became hot. So, be careful and always set stoploss for yourself.

Again market it is little drop so we never predict it will going to moon or bearish. If you hold trading sites you can fix the 169 USD trade limit. Because it will go down below the value automatically it can exchange to your desire coin. If you hold for long term surely it will going to peak again so stay strong in Ethereum. I hope end of the year we see some good hype on all the coin.

And if the market is very weak and bearish, how come you are predicting an end of the downtrend?

The way I see it, straight horizontal lines are very dangerous. It could go down or it could go up. And there is a very thin line in between these possibilities. In comparison to downward line, you can predict that sooner or later there will be a rebound, and vice versa. With a horizontal line, there is so much uncertainty.

ETH could actually go either way but who is worried? ETH is ETH. It will always recover in due time.

You are saying like this without any proof. If you say it will over, what fundamental factor to make downtrend of ETH will over. If you are using TA, can you give me your TA reaults? I am not a pro trader nor good in TA, but creating speculation without any proof it just a trap.

Well, even without proof we can tell this because once ETH holds up its position at $168 or above. That means the price has stabilized and the probability for it to make an upward movement is higher. It also means, the trend is changing and the bear is over at last until it goes down again.
sometime we do not really need any TA to proof the market, because TA does not guarantee you anything. In the end, it depends on you whether you can afford to hold it or not.

I don't know about specific prices, but we've had a sudden sharp fall and reached a plateau. We have been trending sideways for a few days now, and a break either way seems inevitable. There is probably more pressure to move down again, but if we do go back up and prices re-establish the previous support line, then I think that would show a lot of confidence in the market, and se us up for a new bull run. As I say though, it seems likely that prices will be tested downwards first.

How many days or weeks have you been observing the charts and whatever patterns they may have created?

It seems that your rank or your post speaks a lot of your inexperience and yet you try to make a good prediction out of what is happening today. If you think that ETH at $200 or $500 or even $1000 will cut the downtrend, you are very wrong. The downtrend is part of the life of ETH and all other cryptocurrencies except the stablecoins. There will always be downtrend. It occurs every now and then. It cannot be erased from the future of ETH nor of any coins.

It mainly depends on BTC and its behaviour rather than on ETH. ETH keeps disappointing investors throughout past two years and if ETH 2.0 would not change things, I hardly doubt that this coin would ever come back to 1k USD.

Sometime we need to know factor that makes the price more stable as you say, of course there is any factor behind it. And i know TA sometime not guarantee anything. But, it happens when any fundamental factor, news or anything. If OP makes it clear about this position, people who don't have any experience like me, can learn something new about trading prediction.

That's true the market still weak and there is still a sign that bear market might appear again. Bitcoin and Ethereum show the potential of having downtrend and I still worry simply because of people who always do panic selling that might result in the more down price in the market. As of now the price of ethereum is 170.2036 and it's totally close to the price that you have mentioned. Lastly, I hope the price of ethereum will remain above 170$ and not fall again.

Yeah because the dominance of bitcoin is much greater in the crypto market, so I think the downtrend signal ends not on ETH but bitcoin. everyone will look at bitcoin market first to determine their choice of buying or selling, that is the fact. we often see that when the price of bitcoin falls, it is certain that many people will sell their assets including altcoin. ETH has an effect but only a small part.

If the price of ETH can hold above the $200 for a month, the price can attempt to test the new higher prices above the resistance which will turn to the support level in case of pump.  The market is overreacted to the BAKKT news and the expectations of the crypto traders don't match with the market movement, the reason for the dump can be explained so.

the downtrend is over when the dumps are over. and the dumps are over when bag holders dump all their bags. also for this whole thing to eventually come to and end and for you to see a reversal the ethereum company owners need to start loosening their purses and start pumping it again and so far they don't seem to want to do that anymore.

Now Bitcoin has a share of 70% of the total capitalization, ether is necessary for the capitalization of about 15-20%, then we will take to the sky as in 2018 year .

As the crypto market is very weak, altcoins including ethereum are going down in price. Ethereum has been experiencing downtrend more than other altcoins. It maybe dominance of bitcoin. Bitcoin is posing threat to ethereum I think.

The downtrend will stop if people stop selling their hold coins, especially Bitcoin we need to look for the bigger picture here if it isn't for Bitcoin other Altcoin will not establish a good position it is all thanks to the father of cryptocurrency that ETH right now is holding on its own, but maybe some other news that would feature Ethereum will suddenly increase a slight price for Bitcoin.

And if you see most Altcoins out there they are connected to Ethereum Blockchain so maybe an unlikely sudden pump will be made if it just holds its price just still, But I doubt that will happen A movement for Altcoin sometimes is just for Altcoin only but Bitcoin sudden movement will surely change the altcoin price as well.

It seems impossible to expect crypto users to stop selling their coins. trade will be alive if there is a sale and purchase transaction, if no one sells, the bid will definitely be higher. and the reason they sell their coin collections is to want to get wealth, and because of that they always sell their coin collections on a regular basis. and when they reach a low price, they will buy back, so the trade will look more stable.

if the market were this simple, I would have been very happy. You know every time I have free time I always open a tradingview and make an analysis. and I've seen how the market destroys my predictions. so I thought, eth would not match your predictions. because there is currently no good news about ethereum, so even if eth doesn't fall deeper. it can not make eth prices recover.

I don't think so, it's still too far for bull. the downtrend still continues, if bitcoin falls again maybe ethereum could be worse. even this could be like earlier this year. so just prepare yourself because it might take a long time for ethereum to recover again.

You may right. Whenever I see ETH at 160+ USD, I feel everything is okay, it's not that down. But when it comes at 154-159 USD, I start fearing that it will go more down. So, you are right that ETH 168 USD is not that bad, anytime it can bounce back to 200 USD!

I don't get this logic. Why are people looking an altcoin price from its usd price, while most trading is going on from BTC? You all know why ETH did it's ATH per USD right? Because BTC was it's ATH per usd :) when eth 2.0 comes out, it won't be enough, we just need another btc bull run for an eth uptrend. it might hold above or go below 168 usd, mainly because of the price of BTC/USD, not ETH/USD parity..

I am pretty certain Ethereum will return back to $200usd and even better when Ethereum consensys launches. I am actually buying more Ethereum now that I can get it cheap. Its currently $166 on Binance and that's the cheaper it can go at the moment. The next wave is bullish and we have to ride it to the climax once again before taking profits

Downtrend will continue until the end of this year and nothing can be sure of the upcoming price rise of ETH. I think ETH will have a lot of big adjustments this year and the price could return to $120 again so don't expect too much of this coin. People have a great deal of interest but if you look at the fact, this coin is not able to grow well and ETH's development team in recent months has very few updates.

It is now below what OP's post so I think there is still a chance of going down and then again it is because of btc's movement. The real question is what is really happening to btc? Based on what I have read BAKKT doesnt have that much effect. Is this a manipulation? Or maybe getting ready for another bull market.

Its up a bit before, but now its following Bitcoins path also Altcoins. It will only be over if the institutional investors have accumulated enough for this cycle, we must be used to it that every dump whales are taking advantage.

This news is not good for profit and this year I prepared a large sum of money to invest in cheap pennies. If you look at the volatility of all the coins, this is the best opportunity to buy cheaply because so many investors have been waiting for this to happen. The market may be unstable now, but by the end of the year the market is always on an uptrend and that will be an opportunity for you to earn high profits.

There are a lot of coins for you now but before investing, you should consider carefully and always learn that project because it will help you avoid a lot of risks. I personally believe in ETH and have used more than 60% of my assets to buy ETH because this is a coin that will change everyone future.

ETH now is at $172, and it's increased than the OP said. The price still showing good progress to reach a higher price so we can hope the price can go to the higher price soon. But I don't think it will end the bear trend because bitcoin is on the way to increase too. And usually, if bitcoin increase, some altcoin can increase but we don't know about that. Will ETH still rise while bitcoin price increase or not? Only time will tell, and we can wait for it's happening.

No, the market does not depend on ethereum only alone and does not mean when eth hold above 168 usd or any other coins XRP , Bitcoin Cash , Litecoin , Binance Coin..... hold too that downtrend ended

the dominance bitcoin  can be seen in (https://coinmarketcap.com/charts/#dominance-percentage) which reached more than 67 percent ,this means that Bitcoin is in control

Don't count on it, downtrend will not be over so soon. You'll have to be patient for a few more months / years until the signs of a long-term trend reversal appears.

Agree with you, although eth is performing better than what OP had expected but it also cannot mean that the downtrend will end because eth is not the main character in the market, it is still a character that depends on others, and bitcoin as we know it, it is always an important factor to decide the trend of altcoin, any increase or decrease pushes the market along, eth is difficult to be an exception. How eth's trend will go, time is truly a complete answer for all of us but right now we definitely can't pinpoint

that is not a certainty, we will not see definite benchmarks in the crypto market. now even in the last few weeks, we have seen how ETH works in markets with very dynamic movements. The market is still not strong enough right now, but what needs to be maintained is demand and trading in the market. when it's stable and growing, the market will get stronger.

Yeah, there are more players sitting in the market and we can't simply claim downtrend to be over by just counting on ETH. ETH now is at 175$ and is displaying some improvement but still, you'll be requiring great patience to ensure the end of the downtrend...

You are right, even when we see an improvement in ETH that is not yet a measure for this market. we can see the rapid movement of the market now, even the ETH itself has done some movement in the market but the trend is back on the decline. nothing much happens, but for those who take advantage of the situation, it is enough to benefit from market movements on extremely fast-changing trends.

Yes indeed, we were able to stay at this mark and gain a foothold. Now there is a small rebound upwards, and there is great hope that we will rise even higher to  200 $ .

I don't think so, because with Bitcoin still at 68% dominance level a break to the lower of $7500 would cause the market to bleed more, just looked at what happened last year when the price lost the $6000 resistance level, all other Altcoins in the space lost also their resistance level, I just hope Bitcoin would regain the $8500 level fast

BTC made the whole market turn red.  Altcoin is the biggest victim that makes every investor concerned and worried.  But in my opinion for ETH they will have strategies and plans and will launch new trends that make ETH soar in the coming time.

I don't really understand ... In my opinion downtrend ended at the turn of 2018/2019 at the price of $ 80. We have seen large corrections for several months, but the price is rising.

I doubt about that since ETH is also connected to the trend of Bitcoin which means if Bitcoin price going red, then it ETH is probably painted in red too. Although the price of Bitcoin seems to start to recover then that means most altcoins are recovering too. I hope it will continue to recover this October.

It can be analyzed from two perspectives:

First, Ethereum looks bad. After the support/resistance flip and losing the 200MA on the hourly it is now hanging on the horizontal support in the $165-175 zone. If Bitcoin drops more that i give it a %60 chance it will, Ethereum will fall deeply. On the other hand, from a tech standpoint, the two main issues with Ethereum right now are improvements in speed and scalability. If the market continues like this, surely this technical issues will scare some people who have Ethereum and encourages them to come out.

Second, Bitcoin and Ethereum are both showing bullish divergence on the 4 hour RSI and MACD. it could be indicative of a price reversal to the upside soon. On the other hand Vitalik is very serious about ETH 2.0 and devoted it. I think many people still believe in ethereum because of it, and it helps to bull market.

Ethereum will soon be upgraded to version 2.0 and this is a good time to buy cheap because I believe this news will greatly affect the value of ETH in the near future. Currently the coin still has much better technology than many other altcoins and up to 70% of current tokens are using the ETH platform so it will surely increase the price if you choose to invest in the long term.

I think the price increase will not take too long because this is a coin always chosen by many investors and this year ETH can completely reach $300 if the uptrend takes place. Maybe this time is not a good time for you to invest because the risk is too great but in the crypto market, anything can happen.

Today the price of ETH has reached $185 and this is a very good recovery at this coin. I think that if ETH price can go higher in the next few months, people will trend to invest more and that could help ETH price to achieve a great stability in this market. It is still too early to confirm the new trend of the crypto market, but I believe this project will still grow strongly in the future and the foundation of Ethereum will certainly help a lot in life.

When the change in BTC's price becomes negative, it immediately starts to have a negative impact on the altcoins but when the BTC increased, we saw the same scene again. Due to the selfishness of BTC, the price increase is not reflected in the others. Therefore I do not know how the increase of BTC will be reflected in the altcoins in the future. Lets wait...

I still don't understand what time period you're talking about?! After all, ETH recovered price from level of $80 this year! I don't know why the increase of over 100% in a few months is not noticeable to you ?!
In my opinion, we are in an upward trend and it will be so for at least a year.

At least give some technical analysis on where you are basing this at. And why is the usd pairing important on your scenario? Why not pair it with btc? If you know what's the resistance is going to be in usd, you must know what is it going to be in btc also?

This shows that ethereum is slowly recovering but the point is we cannot determined if the downtrend is really over. It already takes long time for eth market to surpass the higher rate but as we can see also other coins is in downtrend. Well yes it is early to judge the market if bearish is over for eth. Hence, I can see eth price will goes up again.

I doubt it will come true. there is no guarantee that when prices above $168 ethereum start reversal. bitcoin is still consolidating, if some days there is no increase maybe altcoin will start to red again. and I see ethereum always can not survive the impact of the decline in bitcoin. so if bitcoin falls again, it's certain ethereum will also follow.

Maybe he is talking about only Ethereum, but I agree there is no way to know how the market will improve,it's a high volatile market so high that even the most experts cannot figure out if we are going to continue the trend or the market will go up and down, it seem everything is done back door, I trust my portfolio will perform even if the market is not in a good condition.

If you are willing to hold your ethereum for a very long time then I will say that you are right when you say that this is a very good moment to buy ethereum, but if what you are looking for are fast profits then I do not know if it is such good idea to buy ethereum when in my opinion there is a very strong possibility that during the next months the price will remain stable and then it could go down as investors decide to cash out once they understand the bull market is over.

unfortunately it is difficult to be able to predict the movement of ethereum, it may also not be able to ensure that what you say can be realized in a crypto situation like this. we know that bitcoin can fall very far in only a few weeks.
but I believe and maybe many people that ethereum will quickly rise again and survive even though bitcoin is not good.

It seems to be true. However, there is still a small risk that it can be down (for some time only, to get up after). The closer we are to Ethereum 2.0, the more people are ready to invest in ETH, and altcoin is getting stronger, which is also good for the price of it. WE should remember that its lowest price was 0.68 USD (August 2015), but then, the Moonrise started. We will see it again.

That account needs to consider, we don't know what the market will bring to our investment, It's needed to have positive perceptions to how things will work after seeing that projected fall, thinking to invest with this coin needs to have long term plans, anything can happen since the project developers are active and not quitting with more progress to provide inside the community. Hold still and if you a chance, add  more to your holdings.

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

What you mentioned is a condition is not a part of technical analysis. However, many people take advantage of these conditions, even have to take greater risks. Because, sometimes fundamental analysis is not as expected, especially for new traders.

the price has been staring to surge again and point is when bitcoin is starting to rise and ethereum will be following it whatever the reason or news come to the market and whole of altcoin is still following bitcoin.
Altcoin is not independent and just try to determine the movement of altcoin based on the bitcoin chart and this will always work
But i believe the fall will not be so long. Market needs to find the support again to make bitcoin will above 10k again

That's part of volatility of the market and we can expect this to be happen since there are huge player somewhat doing some good trades on the market that's why we can see some sketchy movements of Ethereum nowadays, And maybe we cannot experience the huge surge for now but it's best to do a leverage trading on it since it's so profitable if we can get on the best  position.

Thats impossible to happen because it all depends in the circumstances of the market,  wherein  even it keep increasing also there's no way downtrend will be over ASAP .  what I mean because  there are still some manipulators that keeps dumping after gaining quick profits ,so downtrend will always happen time on time and no one can stop it.   So op i suggest stop assuming and always protect your port3at all the time to avoid regrets.

Yes, Ethereum began to feel better. But before that, there was a one and a half year downward trend. Of course, with corrections this gave a lot of wrong hopes. So, I would not rush to conclusions.

Yes, we cannot conclude them quickly because still, the price of ETH is struggling in the market whenever the price of Bitcoin increases/decreases. So we cannot able to justify them in a short period of time, but long term we might see a huge upward trend.

For 3 days Ethereum is holding to above $170 yet nothing good going in the market so what’s the score?and what’s the idea about this $168 value?
Anything in additional to the idea aside from th ending of bearish?
And besides I think we’re not in bearish because we re still holding to $8000 range for bitcoin from $3k early this year so basically we are still in bullmarket until he go below that year start prices

And is there any TA at all to back this sentiment up? Or is it pure theory out of thin air ::)

I think that ETH will continue to rally or at least hold its current position trading in relation to BTC, primarily because of the fact that there seems to be a psychological floor at 0.02 BTC which has been proven to be support as prices rebounded as soon as it went under.

I don't think that ETH dictates where the market is generally headed, despite its #2 status. BTC is still the macro indicator right now. ETHUSD should not matter that much in terms of macro analysis.

Well it already surpass your expected price ,
But I don't think that it would really end the down trend but let's hope that it would stay higher than $170 .
And down trend is part of the cycle so no matter how much the price gets always expect the down trends of the market.

If you take a look at the daily charts you will see that the market is completely undecided about what to do, one day the market goes up and the next one it goes down by almost the same amount, it seems investors do not know what to expect and this is natural since it seems like there are many good news coming from the developers of ethereum but the market is not reacting, and if this continues I will not be surprised if the price of ethereum goes down during the next weeks.

i wouldn't use the word like "undecided", from my view it looks like more of an accumulation phase for alts. eth is major one, so good news from devs surely will effect the price sooner or later.

Well ethereum is going up once again so you could be right, but what happens is that I do not want to get too excited since 2 weeks ago ethereum was seemingly giving positive indications that it was ready to begin a positive movement and then the price crashed in a matter of hours, obviously this is was not the fault of ethereum as all the market crashed at the same time but still that left a strong impression on me and I am debating myself between letting the market show to me even more positive indications or if I should buy ethereum today.

I very much hoped that this would not happen with Ethereum, as many analysts expressed their opinion that Ethereum became independent of the entire cryptocurrency market and even independent of the price of Bitcoin.  Nevertheless, we observed a rather strong drop over the past few weeks.  The fact that Ethereum has become a full-fledged coin, with its own blockchain, with high scalability, gives us hope that in the future we will observe only the real growth of Ethereum.

It has potential but without the help from ico and that will never reach 1k rate again in the future. you can imagine how much percents of ethereum has already grabbed by ico investors from the market to invest in ico a few years ago.
Ico was a key who helped ethereum to achieve its 1k ath but without the help from ico that's impossible to happen. ico is everything for ethereum

Every altcoin has potential but what needed is to increase the utility and people's interest in the coin. Choose any shitcoin from the list, try using its utility, convince people to invest in it and see the difference. Price will increase many-times. ETH is no difference, it too requires people's support which it somehow lost in recent time.

It would be nice if you back it with some analysis, a chart attachment would be nice to see and we can share our ideas also.

We know everyone of us has our own prediction on ETH and I believe most of us are bullish so we don't want to see some downtrend, personally I believe that we will never gonna see ETH valued below $100 before the end of the year and will continue in the years to come.

The price which was below $100 that we saw was a blessing and if we are smart, we sure have accumulated that time.

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

I think the only way for end of bear market is when People will change their perspective towards cryptocurrencies. Moreover bull run has always started with BTC and you should better look at the charts of BTC to predict when bull run is coming instead of predicting it using ETH charts. I think that would be more appropriate.

This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.

On any markets its just normal to have that bear market because we cant see for a market to be always on increasing or in bull.
These times are the best times to see this as an opportunity or simply the chance on buying the dip.The hard part is that with this
very unpredictable market, we cant able to determine which one is the bottom.We cant make precise inputs on any prices to be considered
as the last bottom before we would shoot up.Theres always a tendency for break out.

as long as bitcoin and bitcoin dominance are still high, we will not see altcoin season, including ethereum prices,
currently bitcoin dominance is still high 66.8% and this makes altcoin difficult to rise,
we have to be a little patient, maybe trading your ethereum is one way the wise

I guess the downtrend is over for ETH because ETH touched $190 price even the market is in bad condition. I'm sure ethereum will pump if bitcoin increasing $10,000, hopefully happens before end of this year.

Firstly, the OP presumption is wrong cause the crypto market is yet to be in an ascension trend but ethereum can still make still make the 1K price range without the help of ICOs cause it user, support base level and community opinions implemented by their team make a lot of crypto investors believe in ethereum potential. Mind you, they are yet to finish their system upgrade which would trigger ethereum surge on price.

I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.

All prices in the market are determined by the seller and the buyer. Rising prices and falling prices are common, and they are called fluctuations. But there are many things that affect prices in the market, and maybe that is called a fundamental factor. Where many negative problems will cause prices to fall, and when positive problems prices will go up.
It's hard to maintain ETH prices on the market, but it's possible if bitcoin is in a good trend.

In the ETHUSD pairing, it seems that in the weekly chart, Ethereum has created a support trend line with December 2018 lows of $83, February lows of $104 and now $168.  Ethereum must break resistance price at $222 to consider a confirmed trend reversal or at least it doesn't fall below $168.

Are you not feeling to mention he ATH of ethereum? This is a usual thing in the crypto when the market reacted to the pump and dump in the price of crypto. SO many people have known if ethereum has potential and ethereum is getting a better performance compared with bitcoin these days. the price of ethereum is only following the trend and no more.
Ico doesn't help ethereum again and that's why it must build its own hype.

Any major coin will have volatility in this market and ETH will be very difficult to keep current prices because the downtrend is still overwhelming this market. It's hard to talk about the future of ETH but I believe this coin will soon rebound and we will certainly still make good profits. Of course this is only my own prediction as the current market has not shown any signs of good recovery and the recent price of Bitcoin is very unusual.

Maybe we will only see ETH around $160 to $200 this year so if you can choose a good price to invest then consider and hope to make a profit from this coin.

As of today the value of ethereum is not going down below $168 and i can see that it could spike up more maybe by this december, who know right? It's really depending on the value of bitcoin if its rising up or down.

Even though the market is crashing, ETH is still catching up and not going down more than a $100 and thats why it is good for a long term holding.

Hopefully this is the new base line for the lowest value of Ethereum as there are lot of price assumption before like it will be $200 but after it falls down below to this value then various of speculation figures still exist. I will not be against these price discussions because this is better than spreading FUD.

All of the assumptions still possible as the market still unclear, the possibilities of any directions to move will depend with investors supports. This level if being contain and build another strong barrier it could be a good start to bring the pumped back.

The market still getting good bounce and the current value still between $190-$200, cheap enough to buy and keep for longer investment plans.

In any case, the current period is one way or another profitable for investing in Ethereum, since if you take into account its full prospects in the future, with long-term storage, the investor will be able to increase his deposits several times.  I always focus on the indicators of 2017 and the beginning of 2018, when the coin reached the price of 1300 dollars.  This trader should be more careful, as there is a risk of taking the wrong step when buying or selling coins in daily trading.

Actually, it's not just ETH that just suffering this kind of downtrend. Almost all cryptocurrencies are having the same issue. This is literally the same at 2018 where everything went down and it caused lot of bad perception that cryptocurrency were dying and shit. But, we don't know what would happen in last month yet where it's a crucial spot for anything.

That was by far the most important reason why ethereum surpassed 1400 back in the day, icos were fuel for ethereum since many new investors came in the market and decided to not invest in bitcoin since its price was already too high, so they decided to take their chances on icos as so many of them seemed to have huge potential, this benefited ethereum since you needed ETH to buy into those icos, but after a few years we have seen almost no results from those coins and many disappeared so people are not eager to invest in icos again and this is bad news for ethereum.

Market has been going sideway over the past few days
Btc is back up to $8,400 which seems a little bit positive

We are yet to see if the market will goes back up or down
Ethereum is kinda undervalue if we were to look back at 2017 where Ethereum peaked at almost $1,500
In order for Ethereum to go a strong bull run, a break off to $200 and above $380 would confirm the bull trend

The state of the altcoin market seems to have changed because of the declining dominance of the Bitcoin market and many digital assets are starting to show positive market data. Some altcoin projects also came up with announcements that added positive sentiment to the market. Now we can see that some altcoins are starting to show signs of rising prices, such as eth and bnb which have begun to experience an increase in the volume of their transactions in recent months.

Ethereum peaking at $1,500 was at the time we had crazy bull run in cryptocurrency probably because of the massive inflow of new enthusiasts from the centralized world. Do you think we are going to witness such bull again? Alot of analysts believe that the little bull run bitcoin witnessed in the last few months was as a result of positive Libra news, now that most investors like PayPal are disembarking from the ship because of sanctions, will btc remain sideways or head up

Or maybe there whales manipulating the price that time thats why its called bubble in those days.

Altcoins is really hard to prediction the chart movement.
It might be predicted by it only works for day trading who takes 1-2% profits.
But for a long run, it's hard to predict even altcoins can up and down by 10% in just a week

I actually feel quite glad that ETH has had the kind of ride that it has had this year. From going up to 330 after touching below 90, and then now struggling to move past 200,,, I am much more comfortable with this kind of slow growth and see it still below $200 this year, rather than if it had gone to 400 or even 500.

Let us be patient and allow ETH 2.0 to take care of itself.

I'm optimistic about the current situation with the price of ETH. The price is at about the same level and there are no sharp jumps. I think  that it will pump by the end of the year, if only there would not be a price drop, as in 2018 year.

it is not a measure of the end of the downtrend. but price stability on the market is very important to determine investment and trade predictions. optimistic for sure but seeing what is happening in the market there is still a possibility for falling prices. ETH is slower to move than other assets such as BNB and XRP. they move faster and I think we need to be smarter and wiser in determining the direction of investment.

I think still not finished downtrend because ETH recent pumping is temporary right now again dumped below 190$. I think ETH price will be stable around 160$-180$ in this year. Bitcoin price movement is changing very quickly definitely it’s a downtrend so that also i agree if BTC will reach 10k$+ in the next bull run than ETH and entire market will be grow. You can keep hold until end of the year. ETH network is too much slow at the moment.      

Does not seem very realistic to me, because ETH climbed much higher, almost to 250 bucks per coin, but than Bakkt exchange failed to attract more interest and the whole market dropped. Right now ETH is around 180 for a long time and I do not see any changes yet.

The big support is $ 168 and $ 164, if in the next week the value of ETH continues to break down, I believe the whole market will continue to sink in the sea of ​​blood.  And over the last few hours, the market has shown signs of going down as thousands of bitcoins have been deposited on exchanges.  Be careful these days.

That's affect for altcoin, because as we know another altcoin are adjust in bitcoin price
So untill bitcoin price still not stable i don't think downtrend are ended for altcoin in market

It is nice to see other investors that have more rational expectations about the market, most of the time I see investors that want the price of coins to be skyrocketing all the time and that is not possible, if you take the time to study the markets you will see that most of them stay within a range and then they begin to slowly grow, unfortunately the market of cryptocurrencies has not reached that point yet and that is why we see the price moving like crazy.

ETH has been growing for a long time and costs much more than $168, ETH has positive news, we need to wait for the growth of this coin in the near future