ETH price struggling

[sky_Gritzz]

that makes sense, but at least today the market looks very good due to a slow recovery, i think this will be the end of the bear market and the price struggle will at least end in the last quarter of this year, because with the market improving on the last day of the third quarter this is at least a sign that the next quarter will be better

i don't think market condition are now trying to recovery theirself, because for bitcoin price itself still unstableet in market.
that's why i don't think market can back normally in near time

[patz22]

i don't think market condition are now trying to recovery theirself, because for bitcoin price itself still unstableet in market.
that's why i don't think market can back normally in near time

I totally agree with current market condition. In just couple of days it went down drastically but in regards to this topic about eth. Actually, eth went down when btc dumped below $8k but surprisingly ETH still went up from below $170 bur now over $175 so meaning to say btc dominance maybe not that much as before.

[Kotone]

I think eth isn't struggling, the market is affected by fundamental events on bitcoin network whereas market is plummeted due to this include eth's price as well. Eth network has beem developing well and improving its network. I just hope they can fast track their roadmap so people here can appreciate more eth not just about its dumping news on trading.

[Sahyadri]

ETH has broke the resistance of $17 which is a good sign giving the market condition. There might be some resistance at moving averages but if it successfully breaches it, price might go to $200+. Traders can enter the trade here with a stop loss at $160. But if the ETH goes down at this point, price can correct till $122. But right now, that is rare a chance provided BTC doesn't slump from here.

[gaston castano]

all coin prices are based on market prices, so now eth is at 180-190, is eth now very bad? Of course not, this is based on market and btc prices if btc pump then ALT will try to follow after btc correction.

[SummerBliss]

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?

Its not a bad sign for ETH but the overall market is witnessing price dips and so is the case with it.It is still most loved altcoin after btc due to its technology and usage.So when the prices of btc will move upwards the ETH will also gain the attention of investors and it will also rise and prices will soon reach $300-$500 so don't worry.

[EdvinZ]

I think after the recent stunning fall in the price of Ethereum from $220 to $150 for one day, for many coin holders it was a great stress. But the recent rebound to almost $200 may return investors faith in the Vitalik Buterin's coin. At least this powerful correction probably indicates that we have a strong support level around the $160 mark.