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Author Topic: ETH Hits $270: $300 Next?  (Read 2876 times)
cabshaw
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May 16, 2019, 08:13:47 AM
 #41

I never went into details about what are the features of Ethereum mining and how it is better or worse than Bitcoin. But I clearly see how many great projects have been launched thanks to the ethereum blockchain and their smart contracts. Therefore, I am sure that if the Vitaly Buterin team improves the security system and reduces the subtraction costs, then very soon eth and btc will become equal in value
ETH attracts even by the fact that everything is clear and understandable who develops it. Bitcoin is all covered with mystery and incomprehensibility. Besides it is so expensive. My wallet approves investment in ETH. If the developers release a new ethereum 2.0, the cryptocurrencies will greatly change their positions. And I'm ready for it.
Kaneki11
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May 16, 2019, 08:24:41 AM
 #42




Ethereum price surged significantly towards $270 versus the US Dollar, and jumped sharply vs bitcoin. ETH is in a major bull run and it seems like the price might even hit $300.

We saw a sharp increase in Ethereum price above $220 resistance against the US Dollar. The ETH/USD pair gained pace above the $225 resistance and rallied above the second target discussed this week. It broke the key $240 and $250 resistance levels to move further into a positive zone. The uptrend was such that the price gained more than 20% and even tested the $270 level. The price is currently well above the $260 level and placed nicely above the 100 hourly simple moving average.

Source: https://www.newsbtc.com/2019/05/16/ethereum-eth-price-surges-20-300-next/

Ethereum is now making its move...and though a little bit too late relative to the Bitcoin upward swing, I think nobody is complaining and holders are getting happy. I love Bitcoin but many of us are also into Eth and we love Vitalik Buterin, the man behind this cryptocurrency platform some are considering to be the heir apparent to Bitcoin but is also facing its own challenges in terms of adoption and innovations.

Can we expect Ethereum to fight against all odds and get into $500 before the end of 2019?
I'm confident we may see ethereum at 600 to 700 usd this year while many may disagree I'm quite sure this will happen
tranduong123
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May 16, 2019, 09:06:23 AM
 #43

I think this is completely possible, If the BTC keeps the price above 4k, then the altcoin top will increase strongly ETH is no exception.
okala
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May 16, 2019, 09:13:56 AM
 #44

We do not yet know how high our cryptocurrency will rise this time, however, what we are seeing now cannot but please us. Yesterday the ethereum price was $ 238, and today it is $ 267. Bitcoin from yesterday's level a little over $ 8,000 rose to $ 8,268. The price rises directly with huge jumps. So far, it is very difficult to predict anything. It is better to simply observe a good growth in the cryptocurrency market, especially since we have not seen this for a long time - since 2017.
Yes we have to keep observing and to see how the market will end, the crypto market is a little bit stable with little resistance ETH is doing well with it recent price above $250 that is a great increase and we will wait for the general market chart to see how long this bull run will last and where it will reach this year.
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May 16, 2019, 09:15:37 AM
 #45

This market has been very unpredictable, and with the FOMO involved it's hard to apply technical analysis, in my view. It looks like after BTC had its run, money has started flowing into alts again. I believe BTC is the leader and alts will generally follow. Thus, if BTC continues its parabolic run, the alts will follow similarly.
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May 16, 2019, 09:36:14 AM
 #46

This market has been very unpredictable, and with the FOMO involved it's hard to apply technical analysis, in my view. It looks like after BTC had its run, money has started flowing into alts again. I believe BTC is the leader and alts will generally follow. Thus, if BTC continues its parabolic run, the alts will follow similarly.

Indeed, usually after bitcoin price movement, altcoin price will move and follow bitcoin. Hopely this movement continue and bitcoin price able to reach $12k, if this happen i think ethereum price will reach at least $350

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MarkAnthony20
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May 16, 2019, 09:45:28 AM
 #47

It's possible and probably it will be happened within next 24 hours or so. Along with institutional investment, a lot of Chinese too are investing in altcoin which may pull alt to moon soon.

I agree and 300 is totally possible. Asides from other countries investing, I've heard JP Morgan and Microsoft joining the fun and that will be a huge boost. I'm thinking of when to let go, I initially told myself to stop at the $250 mark but I'm not seeing a stop in the bull run so far. I'm planning to hold on to it and just keep my attention on other startups that may be the next EOS, NEO, etc. This crypto collectible project has sold out their private sales and IEO which can be the next cryptokitties too. Will ETH get back to its glory days of $500+? Or will it pause in the 300 mark.
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May 16, 2019, 09:48:35 AM
 #48

It's possible and probably it will be happened within next 24 hours or so. Along with institutional investment, a lot of Chinese too are investing in altcoin which may pull alt to moon soon.

I agree and 300 is totally possible. Asides from other countries investing, I've heard JP Morgan and Microsoft joining the fun and that will be a huge boost. I'm thinking of when to let go, I initially told myself to stop at the $250 mark but I'm not seeing a stop in the bull run so far. I'm planning to hold on to it and just keep my attention on other startups that may be the next EOS, NEO, etc. This crypto collectible project has sold out their private sales and IEO which can be the next cryptokitties too. Will ETH get back to its glory days of $500+? Or will it pause in the 300 mark.

I think it will. Until the end of the year perhaps. Hopefully sooner!!!  Grin
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May 16, 2019, 10:09:04 AM
 #49

This recent pump has been a treat to watch, that is for sure. But I am not sure how much fuel it still has to push higher, there have to be a slight consolidation in the coming days, we are going up way too fast, so the chance of going down rapidly as well is getting higher.
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May 16, 2019, 10:25:28 AM
 #50

This market has been very unpredictable, and with the FOMO involved it's hard to apply technical analysis, in my view. It looks like after BTC had its run, money has started flowing into alts again. I believe BTC is the leader and alts will generally follow. Thus, if BTC continues its parabolic run, the alts will follow similarly.

Indeed, usually after bitcoin price movement, altcoin price will move and follow bitcoin. Hopely this movement continue and bitcoin price able to reach $12k, if this happen i think ethereum price will reach at least $350

We are waiting for that to happen, I keep buying and holding bitcoin and ethereum because I always believe that prices will return to the highest position that has ever happened, the most important thing is always to think positively.

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meldrio1
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May 16, 2019, 10:43:30 AM
 #51

hitting $500 price before end of the year? Nah, surely will hit $1000 before end of the year and will get over that price because the market is increasing so fast.

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May 16, 2019, 10:49:32 AM
 #52

All have of course optimistic forecasts about the price,but if we look at the reality is likely this year the price of $ 500 will not.Although in General, around the crypto currency is very good news and a miracle can happen! We'll see!
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May 16, 2019, 10:54:53 AM
 #53

I think this is completely possible, If the BTC keeps the price above 4k, then the altcoin top will increase strongly ETH is no exception.
Now clearly will the correction , so as growth was strong over the past days , but of course bullish trend have Ethereum came the I think 300 we with easily can pass

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May 16, 2019, 10:56:02 AM
 #54

if we see the situation maybe will reach 300$ in nearly future, if market continue has trend positif and also altcoin will follow it.
we see in this 3 month crypto always show positif trend, and if continue maybe eth will hit 1000$ in late year.
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May 16, 2019, 11:21:13 AM
 #55

May expect a  short dump before hitting 300$ but its soon. My speculation said that ethereum can hits more than 300.
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May 16, 2019, 11:34:29 AM
 #56

$300 is a small target, we will see it soon.

Money are not already focus on bitcoin only, investors are starting to diversify their investing on altcoins.
Since ETH and XRP are the major coins in the altcoins market, they are the big beneficiaries of such investments.

This is not expected to just shoot up easily, as what we have observed there is a little correction after the surge, but it will bounce back again soon.

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May 16, 2019, 11:45:08 AM
 #57

Yes very possible that ETH hits $300 after it hits $270 but I think that it will bounce back at .618 Fibonacci first then it will go up to $300 as the market is gaining momentum upward. But if Bitcoin price declined into $9k then we might see some alts bleeding again.

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May 16, 2019, 11:51:18 AM
 #58

$300 will be the next target of ethereum to reach, but maybe we need to wait for a while because ethereum price has down for a moment, but now the price seems to want to start to increase again. We still have time in this month, and we could hope ethereum can reach $300 in this month so, in the next month, ethereum will have a new higher target price to reach. But that will depend on the market movements, and if there are so many good news, it will give a good impact too for the price.

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May 16, 2019, 12:05:02 PM
 #59

I don't think that how much Cryptocurrency can going to rise, yes you are right at the time btc and eth more pumping start. Even 300$ eth rise in this month is possible, because eth have good luck 2017 year last. That's means in my opinion eth will rise 300$ at anytime.
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May 16, 2019, 12:10:55 PM
 #60

Now the market is very good and I think that the probability that the ETH will cross $ 300 in the coming months is very big. If we will not see another bad news, you should buy ethereum.

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