Will $1,000 be the strongest resistance for ETH at the moment?

[AICoin_Official]

2 days ago, ETH broke above $1,000 for the first time ever, well, seems ETH just hovers around such hurdle, Yes, ETH will break it, but how long will it take? Do we have any chance to add to our postion below $1,000? Feel free to share your opinions below, we can have a good discussion here.

And I also have an original analysis about BCH from Chinese analyst Kuang Ren, you can also share your comments with us:

BCH is becoming more and more inactive. Basically, once pushed up, it will take a long rest. Instead of dipping sharply after surges like other similar coins may do, BCH is under obvious defense from funds, or it can’t remain at current level. In the short term, price will keep in a choppy move along with BTC.

Original by Kuang Ren, translated and posted by AICoin Jami.

[slaman29]

That $1,000 barrier is the strongest resistance for any coin, basically. A new coin will always find it at the psychological points of $1, $10 and $100, and these really have nothing to do with technical vision or price ranges. This is purely how the human mind works, because we have 10 fingers, so it seems!

But the good news for ETH is that it broke it so early in the year, and it moved non-stop almost from below $700, so it is showing very good signs of holding at $1k or around there. Next logical barrier is $2k, and then on and on.

[DaveWave]

I find ethereum easily making that $1,000 resistance into a solid support soon. Ethereum probably have the most partnerships and solid backers in crypto. Centralized governments and banks are mostly okay with Ethereum rather than Bitcoin.

[AICoin_Official]

That $1,000 barrier is the strongest resistance for any coin, basically. A new coin will always find it at the psychological points of $1, $10 and $100, and these really have nothing to do with technical vision or price ranges. This is purely how the human mind works, because we have 10 fingers, so it seems!

But the good news for ETH is that it broke it so early in the year, and it moved non-stop almost from below $700, so it is showing very good signs of holding at $1k or around there. Next logical barrier is $2k, and then on and on.

When I see "10 fingers", I burst into laughter, that's a really funny description, thank you for your comments. Hahaha

[AICoin_Official]

I find ethereum easily making that $1,000 resistance into a solid support soon. Ethereum probably have the most partnerships and solid backers in crypto. Centralized governments and banks are mostly okay with Ethereum rather than Bitcoin.

Seems I misunderstand the reason why price just hovers around $1,000, well, ETH is building a floor there, seems like it's getting ready for further gains, that sounds so great!

[tauceramica]

That $1,000 barrier is the strongest resistance for any coin, basically. A new coin will always find it at the psychological points of $1, $10 and $100, and these really have nothing to do with technical vision or price ranges. This is purely how the human mind works, because we have 10 fingers, so it seems!

But the good news for ETH is that it broke it so early in the year, and it moved non-stop almost from below $700, so it is showing very good signs of holding at $1k or around there. Next logical barrier is $2k, and then on and on.

Rounded numbers such as $100, $1000 and $10 are the psychologic borders for any coin. Passing these borders is hard, but still possible. Ethereum now is looking like it brake the border down. Let's wait and see, next target will be $1500 for ethereum.

[AICoin_Official]

That $1,000 barrier is the strongest resistance for any coin, basically. A new coin will always find it at the psychological points of $1, $10 and $100, and these really have nothing to do with technical vision or price ranges. This is purely how the human mind works, because we have 10 fingers, so it seems!

But the good news for ETH is that it broke it so early in the year, and it moved non-stop almost from below $700, so it is showing very good signs of holding at $1k or around there. Next logical barrier is $2k, and then on and on.

Rounded numbers such as $100, $1000 and $10 are the psychologic borders for any coin. Passing these borders is hard, but still possible. Ethereum now is looking like it brake the border down. Let's wait and see, next target will be $1500 for ethereum.

I believe price may meet less resistance than it did at $1,000 by that time

[onpages]

2 days ago, ETH broke above $1,000 for the first time ever, well, seems ETH just hovers around such hurdle, Yes, ETH will break it, but how long will it take? Do we have any chance to add to our postion below $1,000? Feel free to share your opinions below, we can have a good discussion here.

And I also have an original analysis about BCH from Chinese analyst Kuang Ren, you can also share your comments with us:

BCH is becoming more and more inactive. Basically, once pushed up, it will take a long rest. Instead of dipping sharply after surges like other similar coins may do, BCH is under obvious defense from funds, or it can’t remain at current level. In the short term, price will keep in a choppy move along with BTC.

Original by Kuang Ren, translated and posted by AICoin Jami.

yes I think this is the starting point of ethereum .. because ethereum will develop its network better, it certainly can raise the price of ETH more than $ 1000 even if altcoin many use smart contract from Ethereum, it will be the propulsion for ETh price and can reach about $ 3000 in Q2.

for BCH, I think it will still remain a bit for bitcoin.

[semiwylson]

No I think. If btc goes ahead eth will dump to 850-900.