Ethereum is Above $500 can it Sustain Further?

[masterrex]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

[magle]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

Sure it can and i also think we will see it go higher just within the next month. However i am worried about the devs talking about fees for holding data on the blockchain in combination with pos, i am not sure eth will be a long term winner. But for now it is my go to crypto

[bulbolitobayagyag]

Probably yes,that reason why ethereum was dump too hard is being of the migration from being a POW to POS,as most of the miners doesnt want to mine ethereum anymore as the difficulty has increased,most of the miners switched to ethereum classic which is the original coin from ethereum's chain.Probably it will be more stable above $500 as you can see it is the hard support as of the moment.

[tonylewisverdu]

yes of course it can.. dont you know eth is the most widely used platform? so its still undervalued really

D169

[JinCrypts]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

Ofcourse! It can and it will! Trust on the potential of Ethereum and for sure it will lead you to new greater heights. Im still hoping for $1k+ price for Eth

[galio_ico]

there's a time if you notice, ETH stay around 1000$ even bitcoin drop so hard.
so I think, ETH's price is not depend on bitcoin so much. . .
and next few months, bitcoin would rise but ETH would stable (in USD), then ETH would rise behind when bitcoin stable

[Zocadas]

It has still a good price in relation to the same time of last year. You will probably gain profits on longterm, independent from short/middleterm movements, as Ethereum is offering an important infrastructure for many projects and its potential os still on beginning point

[googs84]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

It has already stabilised in good way and I think it will start its next movement soon. As the resistance level has been passed by the ETH it is obvious thing that it will go only in upward direction. People know this very well and that is why buy walls are getting created heavily and thus making it go upwards from all the ways. Note that bitcoin is also making some impact on the ETH, as long BTC will keep going up it will push the prices of ETH upwards as well.

Th next resistance level could be around 600-800 USD, just the same way as it happened last December and then ETH went to the ATH prices.

[nakamote]

there's a time if you notice, ETH stay around 1000$ even bitcoin drop so hard.
so I think, ETH's price is not depend on bitcoin so much. . .
and next few months, bitcoin would rise but ETH would stable (in USD), then ETH would rise behind when bitcoin stable

Thats quite odd prediction, are you some kinda prophet or what? ethereum would be stable in USD? how did you know that  and who cares about the USD value of any coin in the market? we are talking about sustainability here not the USD value.You should get some technical lessons to prevent these kind of predictions,because it really sucks.

[salsa24]

Many people wonder how Ether prices are determined. First of all, know that the workings of Ether price movements are the same as currencies or other objects. Many people do not realize that other currencies also work exactly like Ether - if you are holding a coin or banknote in your local currency in your hands right now, at the same time there are millions of people who are buying and selling your local currency, so even if you feel the price of your currency is stable, actually the price is changing continuously. If you want to redeem your money into another local currency, say for USD, today you will probably pay with 10 pieces of your local currency, but the next day it could be 11 or 9. Ether works exactly like that - you can imagine it like any other kind of currency than what you have right now.

[kryptqnick]

I agree that it sure can get higher, because it's still the best platform. I also think that pretty much all of the top cryptocurrencies are at least capable of repeating their price records. Thus, eth get go 100% up from its current price and maybe even more. However, I don't believe it will happen fast. For now it can just stabilize on $500 and grow like 10% per week. That would be nice and reasonable. If we see the rapid growth then this situation is not different from the beginning of February that looked like recovery, but dropped really fast after the pump.

[valek.bruno]

Coin ethereum can cost a lot of money like coins of other projects, the fact is that they are limited, they have a certain number of coins, this is a significant value, because you can not print as much money as you want

[Kate Beckett]

In recent days, the ethereum, like other crypto-currencies, has been growing. The first goal for it was an assault of $500, and the crypto currency reached this result, after which it opens the road to $700. But this will definitely take time. Let's not forget: although the long-term trend is still bullish, the medium-term trend is directed downwards. Because, wherever the market is going, only correct money management and risk management are the key to stable earnings.

[Pierre 2]

I think ethereum is strong coin to have that sustainable growth. But even if we discuss and keep saying how good ethereum is, in the end its all about bitcoin. So bitcoin should stay high for ethereum to stay high..

[IgorShumilo]

will grow bitcoin, the whole market will grow, so that the guys are waiting when bitcoin is 20k dollars, then the Ethereum will return to the price around 1300 - 1500 dollars!

[ManaMan]

I think ethereum is strong coin to have that sustainable growth. But even if we discuss and keep saying how good ethereum is, in the end its all about bitcoin. So bitcoin should stay high for ethereum to stay high..

Of course this makes perfect sense, when bitcoin is breaking new records or when it does well, people tend to invest into other alts in hope to turn their money around easily. With ethereum being good alternative and one of the most well known cryptos behind bitcoin it doesn't need much to keep up with bitcoin in terms of green

[jacoboisiwer]

Soon it will be 2000$ , and next year will become 5000$ , this coin is never disappoint me , always give me good value in my trading assets , even it was in 500$ , i still want to buy it with my 40% of my equity.

[arakuns]

we can only hope and wish the market can continue this way to the point where it was before and even above that level. But we must bear it in mind that this market is highly volatile and subceptible to change at any time. But with the present level, I think the green will still continue.

[aardvark15]

Ethereum is Surging and Stabilizing at $490-$500 level what is the main drivers of this Surge and Can it sustain Further at ATH?

Any thoughs about this guys!

I see this as the beginning of the recovery for not only Etherium but also most other cryptocurrencies as well. I think it has just taken this long to get investors confident enough to start buying again.

This doesn’t mean that there won’t still be volatility. We could see a correction after a few days of increases, but overall, the prices may begin going up.

[johnyespapa]

Hard support would be at $500 so yes it is going to be more stable at this levels,we will some good improvements from the next few days before the market gets corrected again because most of the people are taking profits today especially like me who bought cheap altcoins from the bloodymarket last week,to get the rewards from buying at the bottom.