Ethereum prefers falling

[Koadharber]

In a bear market, all coins prefer to fall. The ethereum is no exception. As we can see almost all the coins have fallen very heavily in value. And we just have to wait until the market starts to grow. The etherium will also grow and I hope it will pleasantly surprise us this year.

I dont know why people got too surprised when a certain coin drops its price specially on ETH. We do know that we are in a bear market which its quiet understandable that most or all coins are on reds and theres no exception into all coins which they would normally go with the trend and its quiet rare to see that some coins would go into opposite way while the marketcap is declining.

[1715053794]

1715053794

[janelleshepard]

I say that the coin ethereum is stable, although btc has a 50% reduction but etherum still has a price and stable for a coin, so do not worry about the decline in etherum prices.

No your ideal is totally wrong mate, Etherum isn't stable at all, the last month , it's price was as 1k2$ but for now it's just 600$ and maybe it could drop more like bitcoins. But the good things are ETH and BTC are the biggest scales of this market.

[Dwarf42]

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.
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You can see that the prices of ETH are being dampened during the days and can not be raised. ETH is suffering a lot from the problems of the manufacturer, besides being faced with errors from the ICO projects running on the basis of ETH. The market is currently in a downtrend, which is also very large to the price of ETH, so I think you should not invest in ETH at the moment, the possibility of losses will be very high.

[Alex077]

It would be quite strange if now the etherium was growing while the whole market falling. Etherium most of all coins under attack because ban of ICOs would cause on it first of all.