Ethereum Price Analysis

[giletto]

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

This is over a month ago and ethereum has done far better. Recent charts suggests 200 if it can break the $180 support level. Cryptocurency is indeed dynamic, volatile yet amazing on how it can even perform against negative fundamental analysis

[ivankozloviz]

The price of ethereum has fallen dramatically over the past year, but I think that the bearish trend is broken, as the cue ball overcame and kept at around 5k dollars, which can mean that the entire market and in particular ETH will go up and reach $ 500 already during the year 2019!

[pushups44]

For now Ethereum is simply catching the tailwind of bitcoin, like most alts. It is facing increased competition from 3rd generation smart contract platforms like EOS and eventually Cardano. Ethereum desperately needs to make important upgrades and move to proof of stake to stay as the top altcoin.

[martina14]

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.

I also stoppped looking on the price of Ethereum as it goes below 100 USD.
I just buy many ETHEREUM and store it on my wallet i am waiting for the great bullrun this year and then i will monitor it again.
it is a time to buy and forget it.

[mrdeposit]

the increase in BTC prices has greatly affected the prices of other coins, including ETH and we can see that ETH prices are slowly rising and I am optimistic that the future of ETH prices will continue to grow.

I hope so, but in my opinion, this depends on btc too. If btc will reach $6000 in some time there is a possibility ethereum can reach $200 again, but that is only a possibility.

What is the feature of ETH in this case? BTC is the best choice if you think like that. ETH itself gets positive opinions for this year. Perhaps, by the end of the year we will see a much better ETH than it is now.

[kangkilokang]

For now Ethereum is simply catching the tailwind of bitcoin, like most alts. It is facing increased competition from 3rd generation smart contract platforms like EOS and eventually Cardano. Ethereum desperately needs to make important upgrades and move to proof of stake to stay as the top altcoin.

yes there will be an update for Etherum, so Ethereum will increase and will remain the top Altcoin.
The price of Ethereum will increase so that it can happen in the future the price will be higher, even though no one knows what the future looks like but we can analyze the current situation.