ETH price struggling

[bolajiy123]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

[VanDeinsberg12]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

Yes i do caused by that steady price of ethereum means the market of ethereum is lack of the volatility. that means the price of ethereum is not getting a lot of traction from the whales, speculators or pumpers.
This thing can be defined as a bad sign for ethereum and ethereum gets less and less demand.
While ether is pegged to the bitcoin but at the same time IEO is robbing ethereum's buyer.

[OasisDre]

Its not a bad sign that ETH is still lacking behind in value but i hope that ETH 2.0 upgrade will take place as soon as possible for ETH to break the 200$ boundary and if POS is implemented  like planned it will help ETH price alot

[Aryleeto]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

In the dollar, the ether still looks good , but it falls to bitcoin without rollbacks , I would not buy the ether now it is better to be in bitcoin and wait for signs when bitcoin can start a bullish trend.

[chocopapaya]

No, I don't think that is a bad sign.
I think it's more of a sign that eth is trying to establish a new baseline.
Obviously, people still love it and support it, but there is a lot of speculation as to whether or not it can compete with the newer smart contract platforms.

My guess is that after it stabilizes, it will once again rise along with btc.
In the long term, eth has so much going for it that others just don't have.
It has market penetration, brand awareness, and the largest crypto network.
People will flock to it when they start to see bullish signals.

[Xphenosis]

It isn't a bad sign the thing is ETH is retracing and the risky part is we never know where it is headed to the hands of bulls or the bears. I guess staying on bitcoin by now is a great move to do.

[legendster]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

ETH is fine.

When BTC was $20k ETH was $1k

Now that BTC is at $12k  ETH is at 0.2k

ETH should reach $600 soon enough. It just needs to sort out some internal drama. Follow Vitalik's twitter and you'll know what I am talking about.

[charlop24]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

I personally don't see the value of ethereum being relatively stable as a bad sign. Ethereum is strategically waiting for the next round of flight. I have a conviction that with the next increase in value of Bitcoin, ethereum would follow suit. I'll advise we still hold some ethereum because the market is bullish.

[No Pain No blood]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

I don't think this is a bad sign. when all altcoin is red, ethereum is still stable. so this proves that ethereum is good now. the reason why ethereum hasn't gone up, is because there are still many people who are still afraid to buy. they are worried that if you buy now you have to wait a long time to get a profit.

[94K]

I don't think ethereum struggling is a bad side. However when all altcoins are red, ethereum is still stable. Basically all coins look up to bitcoin which has a great impact on their prices hence when there's pump, prices rise and vice versa.

[lousie9]

No matter how good we count things, that of course is not always true and Crypto itself is unpredictable, especially the prices that keep moving by investors and developers instead. If we observe that not only ETH is in bad condition but almost all coins, surely no one expects this to happen. I can only try and accept further developments.

[iyah adrian]

I believe in Ethereum.
I don't think this is a bad thing, because ethereum prices tend to be stable. This situation is arguably better, many altcoins have decreased. Hopefully this is a temporary correction before flying again.

[kindbtc]

When ethereum reached over 350 a few weeks ago i was very optimistic that eth will essily reach over 500 in august but now situation is in front of us and i think even if eth reaches 300 this month it will be good but long term eth hodl is still great strategy as upside potential is huge.

[jarhed]

When ethereum reached over 350 a few weeks ago i was very optimistic that eth will essily reach over 500 in august but now situation is in front of us and i think even if eth reaches 300 this month it will be good but long term eth hodl is still great strategy as upside potential is huge.

I think you should not hang your nose in advance.  Since these are only minor bitcoin jerks that have a very bad effect on ethereum.  I think that this will soon end and there will be growth.  At least you need to wait for the update of Ethereum then the price will definitely rise.

[tycsols]

Market is somehow behaving in a strange manner because as the btc price, volume and dominancy is increasing, remaining market seems to be either stagnant or struggling, same is the case with what is happening to eth, i think for other coins to grow the overall market volume needs to surge because without buyers and demand the price cannot move up and sustain.

[cytpoway121]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

It is not a good or bad sign; over the Past few months etherum hasn’t reached 500$
So there isn’t much to worry about

Just be smart with your findings and take care of your risk management

[ning_aric]

I think ETH has little hype compared to any other crypto. It’s been mainly about development and building. And I like that. FID again Eth would be very difficult when Eth starts mooning.
I also think building and development of Ethereum should be the main focus, coupled with adoption. The market value of Eth would naturally take square as it grows. BTC  a currency is doing just that with government acceptance and regulations and macro adoption. Eth would do its own with more effective smart contract.

[stadus]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

Every coin struggle, even BTC struggle, so there's no exemption for ETH at all.
You are asking if it's a bad sign, bad sign for what? If you are referring to the short term movement, maybe it is because once a major coin struggle, that will affect the rest of the altcoins and in fact it's pretty obvious that the overall market of altcoins looks bad due to the increasing dominance of BTC, and worst is  BTC is not so stable going up so altcoins will be stuck at that level, possible movement might be going down a bit or just remain at the dip price.

[tsaroz]

It's actually a good sign for Ethereum. Bitcoin is dominating the market for quite a time while most of the alts are performing poorly. With Ethereum holding the price, they'll get a boost when there's a general rise in the price of altcoins as well as when there are updates about the ethereum blockchain. Ethereum is one of the few alts that has been on an active development. When Ethereum would launch it's new blockchain, it could bounce back to it's ATH, so it's a alt worth holding.

[setialovers]

it's been a steady price for Ethereum since the begining of this month, still moving within 200 - 240$ Usd , do you think this is a bad sign for ETH?

I think this happens not only for ethereum but for almost all altcoins. The price of ethereum is currently depressed against bitcoin to prices below 0.02btc and I don't think this is the end of ethereum. Ethereum is traded as a major currency in many large exchangers and I think this will be the trigger for ethereum prices to recover