Yes it does Ethereum lost another 6 percent in the last hours thats 11.73 US dollars. ethereum is currently sitting at 184.53 USD. There was a speculation that ETH will go below 200 usd I didn’t believe ld it after the last bounce of the market. Now it seems that it will be bearish all the way for ETH.
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Well just so we thought we are back with the green candle sticks and the market is about to track an upscale, another massive drop happened just a few hours ago, and almost all the major and other altcoins are down too. This dropnis crucial as it can make tue market bullish or bearish.
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Basing it from last years market analysis, altcoins drop dead at around the frist and third quarter of the year, just like what happened this year after the all time high, now it is best to position you invest by the first part of quarter four of each year.
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Thats broad question you have there. First let’s clarify is the crypto currency as a whole that your referring to or an individual altcoin? If you are referring to crypto in general theres the market cap that yiu can use, now if your talking of an individual altcoins you can either back track from its current behavior by months and by year.
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Speaking of under value, Ethereum just dropped at 654.41 loosing almost 32 US dollars of value in the last three hours. Thats at least 11 to 12 in percentage. Readings from the charts say ethereum wont make it across the 100 mark. All we can do is wait until things gets upward.
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Forecast shows that Ethereum can get low towards the month but with the current market price and considering the time line for the holidays, itbis highly unlikely that Ethereum can reach 100 dollars. If that happens I believe it is a great chance to stack up and hodl.
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Current predicament for Ethereum by the end of the year is about 400 US dollars, this is still based on the current market behavior of Ethereum. Though it is still on a bearish trend it is above its projected price for this month. We’ll never know how high this could get when the bull market starts.
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Well its difficult to determine the real reason as to why Ethereum did not pump like Bitcoin, perhaps you cant really compare both altcoins in that matter. Investors will always favor the bullish trend and would put their money to an inclining currency.
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Its been a year since this thread was posted, and back in 2017 a lot people don’t know Cryptocurrency. Mostly poeple only know Bitcoin and discover altcoins in the later part. As the holiday season approaches and with more and more people being aware of crypto I wonder how will it affect the current price of bitcoin.
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I would say Bitcoin, Ethereum and Ripple. Bitcoin will bounce back hard like what happened last year bu December. And as what we know being the strongest contender of Bitcoin, Ethereum will follow as and will surely pump. Then theres ripple the most criticized currency that can blow up like what happened last year.
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I would go for both Cryptocurrency specially now that Ethereum is very cheap, splitting your investment into two is not only wise but safe. It gives you the leverage to have both market and playbot with your advantage. Both currencies are promising and can give greater profit.
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When you say long term and short term investment you have to be clear of the time period. How do you define short term? Are you referring to trading? Since we are talking of time table what i can suggest is to buy at the lowest value if your to hold.
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Referring to the one year forecast for Ethereum, its still shows that it wont reach 700 US dollars. Up to date Ethereum predictions shows that it will hit around The 420 range, more or less. Now this is as of the current bearish market it can change once we see a continuous growth.
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It is best to know the basics, which one of it is buying low and selling high. You would also want to familiarize your self to the altcoins that you are about to invest in. After that choose a good trading platform where you can save fuel money for cash in and out. Familiarize your self with stoo loss. Evaluate every investment and protect your profit.
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Looks like the incline that we experienced was just a front, We can see a dump across different altcoins and from the looks of it it seems like it is going down some more. But you are right woth the current value of altcoins it is best to stuck uo and hodl.
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Based on the current forecasts, a long-term increase can be expected when you buy ETH, the price prognosis for Five years is about 1200 US Dollars. With a 5-year investment, the revenue you are expecting is around 300 percent. Not bat, take note that this can change depending on the market.
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Too early to rejoice and proclaim that the market will continue to go green or is there another dump. Very difficult to determine as it can go both ways. It is always best to biy at a low value and that is now. I would position my investment now and hodl before i get left out.
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The market will definitely go up though up to date we are still unclear whether altcoins can cross their all time high record. Forecast shows that we are still on a bearish trend, nothing changes about the price prediction for altcoins, this may change as we see more green moving forward.
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Ethereum began to hold a much more stronger resistance as we approach the last quarter of the year. Investing on it while its below 300 US dollars is a wise idea. This can bounce back stronger than we expected it to happen. And as we know there are a lot of altcoins that is built from Ethereum.
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Deom here on forward there are a lot of speculation that the market will recover. September marks the start of the holiday season and a lot of predictions that the market will moon from here moving forward until the bull run in December.
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