Ethereum Price Analysis

[Labumi]

Firstly, in the last Bitcoin fall it was impossible to get out of the injury. Ethereum is one of them, the price has reached an unexpected point. All I know is that '' constantinople '' hard fork has been extended to this month, maybe it can help a little price increase. Otherwise, if Bitcoin doesn't recover, it will be difficult to see a steady increase in others.

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

[Ngewex Yuk]

I was surprised by ethereum's performance, of course this had a big impact on the market as a whole, because ethereum is a top ranked coin even believed to be the next bitcoin.

[Baofeng]

Ethereum has lots of hurdles to cross to support bullish momentum. It needs to cross long-term downtrend line (dotted line) followed by $120+ resistance level.

Looking at ethereum technical analysis today, its difficult to conclude whether we see more downside or upside in the coming days. Mixed signs of Bulls, as well as Bears, is visible on the ethereum price analysis 2019.

Read here to know more in detail: https://coinswitch.co/news/ethereum-technical-analysis-today-2019-02-07

What do you think of the ETH fork though? As far I know its been delayed up to the end of the month (correct me if I'm wrong), so this could potential a catalyst for a bull run if indeed the said fork will push through. Well maybe that is what investors are waiting for that's why there are a mixed signals and there are no clear indication as to what pattern it would go. So I'm assuming that we will see the same pattern up until the fork and then a new pattern emerges after it, hope though that it will be a break out run.

[Kasabus]

I stopped looking at Ethereum price I am more concern on Bitcoin's sliding down because all coins follow Bitcoin price, the one thing that makes me exciting onEthereum is the coming fork I just knew that people will buy Ethereum at the last minute to get a free airdrop.

It would be easier that way, it's true that everything follows as BTC moves, that TA is useless if BTC is bearish.
Anyway, this is just only based on my observation also, everyone has their very own way of analyzing the price movement for their prediction.

[valta4065]

Firstly, in the last Bitcoin fall it was impossible to get out of the injury. Ethereum is one of them, the price has reached an unexpected point. All I know is that '' constantinople '' hard fork has been extended to this month, maybe it can help a little price increase. Otherwise, if Bitcoin doesn't recover, it will be difficult to see a steady increase in others.

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

Not only ethereum but price of almost all Alt coins depends how BTC is performing and with current declining price of BTC it seems inevitable that ethereum price will further go down.
And it's good time to add ethereum in your portfolio, as its price is very attractive.

[Buntel168]

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

I agree with you, Ethereum's movement follows the movement of Bitcoin. But we see what will happen after the fork, I think the fork will bringback up of Ethereum price.

[Barabulya]

Firstly, in the last Bitcoin fall it was impossible to get out of the injury. Ethereum is one of them, the price has reached an unexpected point. All I know is that '' constantinople '' hard fork has been extended to this month, maybe it can help a little price increase. Otherwise, if Bitcoin doesn't recover, it will be difficult to see a steady increase in others.

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

Not only ethereum but price of almost all Alt coins depends how BTC is performing and with current declining price of BTC it seems inevitable that ethereum price will further go down.
And it's good time to add ethereum in your portfolio, as its price is very attractive.

I can not disagree. And I am sure that for those who have long wanted to invest and did not decide how, now is the time to start doing it. But in small batches.

[valta4065]

Firstly, in the last Bitcoin fall it was impossible to get out of the injury. Ethereum is one of them, the price has reached an unexpected point. All I know is that '' constantinople '' hard fork has been extended to this month, maybe it can help a little price increase. Otherwise, if Bitcoin doesn't recover, it will be difficult to see a steady increase in others.

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

Not only ethereum but price of almost all Alt coins depends how BTC is performing and with current declining price of BTC it seems inevitable that ethereum price will further go down.
And it's good time to add ethereum in your portfolio, as its price is very attractive.

I can not disagree. And I am sure that for those who have long wanted to invest and did not decide how, now is the time to start doing it. But in small batches.

It's a famous quote from Warren Buffett

As an investor, it is wise to be Fearful when others are greedy and greedy when others are fearful

Those who foresee the future should take advantage of this decline in price.

[SwiggHeart]

Pretty sure it would be gonna pump for around this week and people gonna predict whether its gonna pump again to the new ATH.

[jems]

That's right, I have read the article that you provided and I also have that the price will continue to go up and down in an indeterminate time.

[danherbias07]

I dont trade it so I am willing to wait for it to go back up.

For me, there is still a lot of chances for Ethereum to go back up. Once bitcoin goes to a bull run then it will pulled also as many will be trading back and forth ETH to BTC rather than USDT.
With its features also I still believe it is faster than any altcoin that was created with transaction time.

[OluwaTosin10]

Etherum price is hard to comprehensively calculate or assume, because it is presently unstable due to the bearish state of the market.
the growth and updates regarding the fork has improved its increase in price, but i don't see any high price for etherum, until bitcoin prices increases.

[darkangel]

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

I agree with you, Ethereum's movement follows the movement of Bitcoin. But we see what will happen after the fork, I think the fork will bringback up of Ethereum price.

Of course, all altcoin in this market depends on the price of Bitcoin. If the price of ETH increases, the price of BTC must increase sharply, the hard fork only helps ETH increase by 10-15% and of course after hard fork the price of ETH will fall again

[meatfreak]

ETH price went up bigtime because of all the ICO's back then, now the ICO market is pretty much dead so the price isn't as inflated anymore. It will go back up but doubt it will reach it's ATH again.

[dulinivanrus]

Ethereum has lots of hurdles to cross to support bullish momentum. It needs to cross long-term downtrend line (dotted line) followed by $120+ resistance level.

Looking at ethereum technical analysis today, its difficult to conclude whether we see more downside or upside in the coming days. Mixed signs of Bulls, as well as Bears, is visible on the ethereum price analysis 2019.

Read here to know more in detail: https://coinswitch.co/news/ethereum-technical-analysis-today-2019-02-07

I think the situation with Ethereum will improve and growth will be, especially during 2019, as Ethereum has a lot of updates this year. The first update (Constantinople) will take place this month.

[cryptogeek101]

Ethereum has lots of hurdles to cross to support bullish momentum. It needs to cross long-term downtrend line (dotted line) followed by $120+ resistance level.

Looking at ethereum technical analysis today, its difficult to conclude whether we see more downside or upside in the coming days. Mixed signs of Bulls, as well as Bears, is visible on the ethereum price analysis 2019.

Read here to know more in detail: https://coinswitch.co/news/ethereum-technical-analysis-today-2019-02-07

From the posted news about Ethereum price analysis i just read above, i actually agree with the writer's concluded point of view ''Mixed signs of Bulls, as well as Bears, is visible on the ethereum price analysis 2019",however if it eventually turns bullish better for all cryptocurrency fans

[Cnut237]

I think BTC is the one to watch. Technical analysis doesn't always apply in crypto, and I think we need to watch BTC price because alts tend to follow in its wake.
A BTC recovery to around $6000 would I think suggest that we are nearing the end of the bear market.
A BTC drop to $3000 would hit a key psychological support level, and from there it's either a bounce upwards, or slow eroding of the support on the way to another big sell-off.

[bittick]

Firstly, in the last Bitcoin fall it was impossible to get out of the injury. Ethereum is one of them, the price has reached an unexpected point. All I know is that '' constantinople '' hard fork has been extended to this month, maybe it can help a little price increase. Otherwise, if Bitcoin doesn't recover, it will be difficult to see a steady increase in others.

I think Hardfork is not the key to increasing prices, to be able to raise ethereum prices at least bitcoin prices should be able to rise first because the price of ethereum movements follows the price movements of bitcoin.

Bitcoin should become the main coin because most of coins are pegged to the bitcoin. As you can see when it gets a little decrease and that will affect the whole of crypto too.
So many people are hoping it can back again later.

[nak02]

As we can see there are many networks that are much better than Ethereum and more of it people are choosing them than ethereum, because they can profit easily, as we recall ethereum and bitcoins are affecting almost all altcoins.

[carter34]

I agree with you, Ethereum's movement follows the movement of Bitcoin. But we see what will happen after the fork, I think the fork will bringback up of Ethereum price.

Despite the fork, I don't think that the status quo will change as per the order of cryptocurrency increase. It has always be as bitcoin increases or decreases. Bitcoin I think has the monopoly of the crypto market.