Ethereum prefers falling

[ICEXch]

Ethereum prefers falling

In the previous review on Ethereum we wrote about the intrigue and uncertainty of direction of ETHUSD’s further movement.
The choice is made: Ethereum has moved down and is already fixed at lower price levels.
The only hope of bulls is MAcross on the weekly chart: it is still in the purchase.
However, judging by many other cryptocurrencies, a coup to sale is only a matter of time.
The remaining signs of a downward trend are evident:
The slow and fast moving averages of the daily chart are reducing + the MAcross is on sale.
The rate went from previous consolidation downwards and is fixed near the February minimums.
The supportive long-term zone of dense shading, and hence long-term support for the exchange rate, on the chart is only about $ 300, that is more than -50% of the current price
Thus, a further reduction in price of the Ethereum is more likely.
The cancellation of the idea is if the price rises above $ 900.
Profitable deals and follow our reviews!

All Technical Analyses from the ICEX team are on our website - https://app.icex.ch/en/feed/technical-analysis

[martychubbs]

Ethereum like and all others crypto falling now and that is very sadly because we need rising markets to ern money but for now we only loosing with trading
I cannot trade at all on this markets

[swissgang]

Ethereum really crashed very hard, sad for ethereum hodlers. Everything is going to hell indeed and people lost shit amount of money on coins

[yanto@1977]

Ethereum prefers falling

In the previous review on Ethereum we wrote about the intrigue and uncertainty of direction of ETHUSD’s further movement.
The choice is made: Ethereum has moved down and is already fixed at lower price levels.
The only hope of bulls is MAcross on the weekly chart: it is still in the purchase.
However, judging by many other cryptocurrencies, a coup to sale is only a matter of time.
The remaining signs of a downward trend are evident:
The slow and fast moving averages of the daily chart are reducing + the MAcross is on sale.
The rate went from previous consolidation downwards and is fixed near the February minimums.
The supportive long-term zone of dense shading, and hence long-term support for the exchange rate, on the chart is only about $ 300, that is more than -50% of the current price
Thus, a further reduction in price of the Ethereum is more likely.
The cancellation of the idea is if the price rises above $ 900.
Profitable deals and follow our reviews!

All Technical Analyses from the ICEX team are on our website - https://app.icex.ch/en/feed/technical-analysis

You're right, down trend still running and eth is not good option in all crypto activity ( trade & invest ). This technical analyze is very detail but unfortunately this is long term period and where is daily analyze?. Weekly - monthly - year analyze is good but sometimes will break our hearts and leave the coin because already have future picture ( not always good for psychology perspective ). If you give as full time from short - medium - long term period analyze, it will help us find another opportunity to enter market in variation time ( more challenge ), but thank you any way.   

[kamike]

What would happen to Ethereum after this big crashed? Is there no more chance to make it rise again? I hope that in this situation would be just a normal thing just like in bitcoin and will have the chance to rise again. For sure the dev will do something about it so I don't worry much.

[jaklis43]

i was bought ethereum when it was 800$ and think that this price is like gift, but now i am worried about eth ( hope we will see fast recover )

[monalia]

Ethereum really crashed very hard, sad for ethereum hodlers. Everything is going to hell indeed and people lost shit amount of money on coins

Yes every investors are panic in current situation but we only supporting to Ethereum because all the cryptocurrencies are fluctuating continuously so many investors are drop the Ethereum investment. It is reflected in the crypto market. But it will recover again so it takes some time. I hope this will reach 1k USD in June.

[Miracleismyidol]

Ethereum prefers falling

In the previous review on Ethereum we wrote about the intrigue and uncertainty of direction of ETHUSD’s further movement.
The choice is made: Ethereum has moved down and is already fixed at lower price levels.
The only hope of bulls is MAcross on the weekly chart: it is still in the purchase.
However, judging by many other cryptocurrencies, a coup to sale is only a matter of time.
The remaining signs of a downward trend are evident:
The slow and fast moving averages of the daily chart are reducing + the MAcross is on sale.
The rate went from previous consolidation downwards and is fixed near the February minimums.
The supportive long-term zone of dense shading, and hence long-term support for the exchange rate, on the chart is only about $ 300, that is more than -50% of the current price
Thus, a further reduction in price of the Ethereum is more likely.
The cancellation of the idea is if the price rises above $ 900.
Profitable deals and follow our reviews!

All Technical Analyses from the ICEX team are on our website - https://app.icex.ch/en/feed/technical-analysis

You can see that in the past few days Ethereum has been hit hard by the manufacturers leading to the price of ETH is falling extremely strong. It has lost more than two-thirds of its value since the end of 2017. I think that with a market going down, the price of ETH will continue to fall sharply in the coming days and only recover when the hurdle On the side of the manufacturer is overcome.

[Bessta]

Ethereum will likely to rise. Its performance has always been up and down. Let us allow eth to hibernate for soon you will see eth stronger than before. It is the trend that I am seeing with eth. I don't consider it as a crash for eth because crash is for those who will not manage to rise, and eth will not just recover but soar again.

[iv4n]

Ethereum like and all others crypto falling now and that is very sadly because we need rising markets to ern money but for now we only loosing with trading
I cannot trade at all on this markets

In this times you don't trade you hold or if drop is huge you buy more. All market is down, few coins are gaining some percents up periodically, today that is NEM, and yesterday. It's not strange to fall, market is like every market its reached top and now its going back to some normal price, correction. By the news I believe that community is growing, and more people are coming, now governments talk about bitcoin more then ever before, that is good sign. Take a break from trading and work on accumulating some coins like bitcoin, ethereum, we saw what they can and market is undervalued comparing with possibilities. This market can rule the world one day, its far from that but  how market goes to that point price will rise too, just give it some time.

[nskendrovic]

Do you expect a coin to just keeping on going up forever? Even after such a mega rally its been through you aren't satisfied? These are corrections and the market will soon recover.

[BrewMaster]

altcoins like ethereum which have gone up because they were pumped are now dropping because now they are getting dumped. that is why real big players never take altcoin market seriously and they only play the market to make more money out of it and invest that profit into things that really matter.

as a matter of fact, i do believe that part of the current bitcoin price drop is thanks to all the altcoin dumps that we are seeing these days. many panic sellers want to get out to fiat and most altcoins don't have a fiat market so they have to dump alts for bitcoin and then cash out to fiat and that can create additional sell pressure in bitcoin market.

[ThatICOguy]

Bitcoin may fail, what wont fail is the blockchain and the technology that encompasses it.

Ethereum i.e blockchain 2.0 and its use of smart contacts is pioneering technology, producing thousands of projects built on it's network. The technology speaks volumes.

If I could put my money on a project that would survive any size market crash and come out with vengeance it would be Ethereum.

[lite]

What would happen to Ethereum after this big crashed? Is there no more chance to make it rise again? I hope that in this situation would be just a normal thing just like in bitcoin and will have the chance to rise again. For sure the dev will do something about it so I don't worry much.

Bitcoin, eth,ltc etc.. i mean the whole crypto is going down in value, but it doesn't means we won't see them rise again, we will.

Do you expect a coin to just keeping on going up forever? Even after such a mega rally its been through you aren't satisfied? These are corrections and the market will soon recover.

Yes, exactly market will recover. though could take a lot of time.

[jvdp]

Do you expect a coin to just keeping on going up forever? Even after such a mega rally its been through you aren't satisfied? These are corrections and the market will soon recover.

Yeah if you have lumsum of money on ethereum even you also will looking to get the more profit like him bro, we can expect the whatever we like but the fact is we cannot find the ethereum grow more in the market.

From the past three months, we are seeing the price fluctuations on all the top 100 crypto currencies.
So what can we do anything for this price fluctuation if we not a whale investor.

[usekevin]

Ethereum like and all others crypto falling now and that is very sadly because we need rising markets to ern money but for now we only loosing with trading
I cannot trade at all on this markets

Yes.I know the thing behind this and I need of some dollars for the expenses .I am going to sell of some of Ethereum for this.My suggestions for all of you is just hold and hold the Ethereum for your future.As like bitcoin price, Ethereum price also achieve the new peak.

[Idrisu]

Ethereum prefers falling

In the previous review on Ethereum we wrote about the intrigue and uncertainty of direction of ETHUSD’s further movement.
The choice is made: Ethereum has moved down and is already fixed at lower price levels.
The only hope of bulls is MAcross on the weekly chart: it is still in the purchase.
However, judging by many other cryptocurrencies, a coup to sale is only a matter of time.
The remaining signs of a downward trend are evident:
The slow and fast moving averages of the daily chart are reducing + the MAcross is on sale.
The rate went from previous consolidation downwards and is fixed near the February minimums.
The supportive long-term zone of dense shading, and hence long-term support for the exchange rate, on the chart is only about $ 300, that is more than -50% of the current price
Thus, a further reduction in price of the Ethereum is more likely.
The cancellation of the idea is if the price rises above $ 900.
Profitable deals and follow our reviews!

All Technical Analyses from the ICEX team are on our website - https://app.icex.ch/en/feed/technical-analysis

you have given to through pictures of the market conditions and the asset is really on sale and not only ethereum but every other coins are currently in bearish conditions. If weekly macross is our only hope then we are in a very serious downward trend and I only pity those that invest heavily at $1356.

[rey.fudz15]

Ethereum is not the only alts that has fallen from the google fud but all of the top performing cryptos, so there's nothing to be surprise at all since alts still relies on bitcoin's value up to date, unless when there will be another coin that will overtake the bitcoin as the number coin.

[blue_nexus15]

Bitcoin may fail, what wont fail is the blockchain and the technology that encompasses it.

Ethereum i.e blockchain 2.0 and its use of smart contacts is pioneering technology, producing thousands of projects built on it's network. The technology speaks volumes.

If I could put my money on a project that would survive any size market crash and come out with vengeance it would be Ethereum.

This is a pretty good idea. I think if bitcoin fails, Ethereum will replace bitcoin in the cryptocurrency market. Ethereum is increasingly refining the blockchain 2.0 platform it is using, and new enhancements have made Ethereum more interested in the community and its investors.

[Dodoymabs]

Ethereum will likely to rise. Its performance has always been up and down. Let us allow eth to hibernate for soon you will see eth stronger than before. It is the trend that I am seeing with eth. I don't consider it as a crash for eth because crash is for those who will not manage to rise, and eth will not just recover but soar again.

Eth is experiencing sudden dip at these very moment which everyone starting to get worried. I think not only Eth but also other crypto and I am sure some people are now started some of their coins. But for me, I will still hold my coins because I know this crash will soon be gone and we will see Eth in the next few days/weeks will start to recover. Hold and don't panic with the current situation.