Etherium downturn today: trend or just short speculation?

[pey]

I don't think it is speculation, it is downtrend market. Everything is going to rise again but everytime this happens market consolidates and becomes stronger.

[kirana08]

many of today's causes of Ethereum are falling in price and open only Ethereum just as many other coins are experiencing the same thing.
there are people who say this is the effect of Dump.
but my advice is better to hold back on this just temporarily because as far as I know ETH is the most stable and easy coin to back green

[Minecache]

Today the price of ETH went up again. I think that ETH will repeat the bitcoin movement. ETH can't go against the general market movement. But I'm sure that soon the growth will begin.

[FomoATH]

Came across this: https://twitter.com/Prime_Ball/status/972185132240113664
Wondering - should I hold or sell Ethers... Any (knowledge/experience based) thoughts?

That I see the jumps not only on the Eth for a short time, it's just a correction, but it seems it dragged on for a long time. Will there be an exit, many will say yes, but when no one answers.

[kodtycoon]

Came across this: https://twitter.com/Prime_Ball/status/972185132240113664
Wondering - should I hold or sell Ethers... Any (knowledge/experience based) thoughts?

Do not sell it, you will regret it later as I did in 2017. Hold is the best pluck today ether will recover and this is only part of the fundamentals going on, do not panic by looking at the current market value of friends.

[bucksman5233]

Today the price of ETH went up again. I think that ETH will repeat the bitcoin movement. ETH can't go against the general market movement. But I'm sure that soon the growth will begin.

No, Ethereum is not catching up with bitcoin's price. When Bitcoin was around $10,000, ETH was around $1000 after the second crash now Bitcoin came up so the way to $9800 but still ethereum is at $730.

[Red-Apple]

Wondering - should I hold or sell Ethers... Any (knowledge/experience based) thoughts?

you shouldn't really ask others questions like this. everyone is going to give you a biased answer. if they hold any of it and wish it to go up, they will never tell you to sell and if they don't but want to buy it they will tell you to sell!

in the end you must analyze the market yourself. what i see is a huge bubble for this coin which needs bursting and each time there is a big drop a lot of people panic sell crashing its price more and more in the long run.

[kryptqnick]

I see a lot of negativity about this coin las days. But, despite this, my faith in ETH is strong. I don't believe that this coin can depreciate. Most likely the price fell due to the general fall of the crypto market. ETH does not have a worthy replacement yet.

I agree that a worthy replacement is not there yet (even though neo is quite close and eos is also making its steps forward). Eth is still rather strong, but I also understand why people don't like it. With eth you can never be sure your money is safe and that you want wake up one day with your money eternally frozen, like all those people on parity.
As for the drop, though, I think it is very temporary and natural, as the whole market went down. I am sure we won't see eth going down more than to $600.

[Ovidijus01]

Many ICO's are built on ETH platform and it will make ETH coin grow in the crypto market.

[ibuddy122505]

I see a lot of negativity about this coin las days. But, despite this, my faith in ETH is strong. I don't believe that this coin can depreciate. Most likely the price fell due to the general fall of the crypto market. ETH does not have a worthy replacement yet.

Very good voices and it make sense. There is no need to panic as everything should go back up. Hope market stabilizes soon. One of the leading platform for smart contracts, dApps and ICOs as what I understand ETH has tons to go.

[faaty]

ethereum is in a falling trend since it saw 0.12btc levels, and it still is. I remember in Spring 2017 when ethereum is 0.15btc and it falled down to 0.02btc. I guess a similar downtrend is happening and this is not related with any news. We all must know that market is swinging between two poles: all time high and all time low. This is same for almost every coin, just look at weekly charts.

[apur688]

I think it's real news, not just hoaxes or speculation. The price of ethereum can be seen in all altcoin exchangers. All traders and investors must know that the ethereum will go down. Looking at the less stable market conditions, the price of bitcoin as the largest altcoin plays an important role in cryptocurrency, the price also decreases, certainly in the near future the price of ethereum and other altcoin will also go down. Thus, the decline in the price of ethereum is not just a hoax or mere speculation, but really the circumstances that will happen. It's even happening right now. thank you