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Author Topic: if ETH hold above 168, downtrend will be over.  (Read 2785 times)
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October 11, 2019, 09:57:32 AM
 #81

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.

Every altcoin has potential but what needed is to increase the utility and people's interest in the coin. Choose any shitcoin from the list, try using its utility, convince people to invest in it and see the difference. Price will increase many-times. ETH is no difference, it too requires people's support which it somehow lost in recent time.

 
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October 11, 2019, 10:07:26 AM
 #82


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish


It would be nice if you back it with some analysis, a chart attachment would be nice to see and we can share our ideas also.

We know everyone of us has our own prediction on ETH and I believe most of us are bullish so we don't want to see some downtrend, personally I believe that we will never gonna see ETH valued below $100 before the end of the year and will continue in the years to come.

The price which was below $100 that we saw was a blessing and if we are smart, we sure have accumulated that time.

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October 11, 2019, 10:13:06 AM
 #83

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

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October 11, 2019, 10:16:07 AM
 #84

I think the only way for end of bear market is when People will change their perspective towards cryptocurrencies. Moreover bull run has always started with BTC and you should better look at the charts of BTC to predict when bull run is coming instead of predicting it using ETH charts. I think that would be more appropriate.
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October 11, 2019, 11:22:45 AM
 #85

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.
This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.

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October 11, 2019, 01:01:16 PM
 #86

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.
This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.
On any markets its just normal to have that bear market because we cant see for a market to be always on increasing or in bull.
These times are the best times to see this as an opportunity or simply the chance on buying the dip.The hard part is that with this
very unpredictable market, we cant able to determine which one is the bottom.We cant make precise inputs on any prices to be considered
as the last bottom before we would shoot up.Theres always a tendency for break out.
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October 11, 2019, 01:16:03 PM
 #87

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.
This market is still unable to break out of the bear market and unexpected drops are the reason we should be paying more attention during this period. Over the past few months we have met at least 10 times the big decline and that makes it very difficult for investors. I think with the current market situation, it is very difficult for us to hope for a good future.

Of course the bear market will also have plenty of opportunities if you can choose a good coin to invest in. It may not work out what you want but I'm sure the uptrend will be back soon.
as long as bitcoin and bitcoin dominance are still high, we will not see altcoin season, including ethereum prices,
currently bitcoin dominance is still high 66.8% and this makes altcoin difficult to rise,
we have to be a little patient, maybe trading your ethereum is one way the wise
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October 11, 2019, 03:05:13 PM
 #88

I guess the downtrend is over for ETH because ETH touched $190 price even the market is in bad condition. I'm sure ethereum will pump if bitcoin increasing $10,000, hopefully happens before end of this year.
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October 11, 2019, 04:06:02 PM
 #89

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.
It has potential but without the help from ico and that will never reach 1k rate again in the future. you can imagine how much percents of ethereum has already grabbed by ico investors from the market to invest in ico a few years ago.
Ico was a key who helped ethereum to achieve its 1k ath but without the help from ico that's impossible to happen. ico is everything for ethereum
Firstly, the OP presumption is wrong cause the crypto market is yet to be in an ascension trend but ethereum can still make still make the 1K price range without the help of ICOs cause it user, support base level and community opinions implemented by their team make a lot of crypto investors believe in ethereum potential. Mind you, they are yet to finish their system upgrade which would trigger ethereum surge on price.

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October 11, 2019, 04:13:55 PM
 #90

I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.

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October 11, 2019, 04:45:31 PM
 #91

I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.
All prices in the market are determined by the seller and the buyer. Rising prices and falling prices are common, and they are called fluctuations. But there are many things that affect prices in the market, and maybe that is called a fundamental factor. Where many negative problems will cause prices to fall, and when positive problems prices will go up.
It's hard to maintain ETH prices on the market, but it's possible if bitcoin is in a good trend.

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October 11, 2019, 07:28:59 PM
 #92

This is just pure speculation as we have seen eth goes above $168, but the thing is the alt market is still on a bearish trend that's why I personally don't think that eth will hold a lot of grounds this year.

I mean it even when to almost $200++ like 3 or 4 months ago, and thinks that we're out of the woods, unfortunately it's not the case as it suffered another downtrend and sideward patterns till today.

In the ETHUSD pairing, it seems that in the weekly chart, Ethereum has created a support trend line with December 2018 lows of $83, February lows of $104 and now $168.  Ethereum must break resistance price at $222 to consider a confirmed trend reversal or at least it doesn't fall below $168.

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October 11, 2019, 11:03:50 PM
 #93

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.
Are you not feeling to mention he ATH of ethereum? This is a usual thing in the crypto when the market reacted to the pump and dump in the price of crypto. SO many people have known if ethereum has potential and ethereum is getting a better performance compared with bitcoin these days. the price of ethereum is only following the trend and no more.
Ico doesn't help ethereum again and that's why it must build its own hype.

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October 12, 2019, 01:14:05 AM
 #94

I think your statement cannot guarantee because ethereum price movements no one can hold it, if there is bad news and market conditions fall then ethereum prices will also fall very deeply, downtrend depending on how market conditions and good news can affect the prices at market.
Any major coin will have volatility in this market and ETH will be very difficult to keep current prices because the downtrend is still overwhelming this market. It's hard to talk about the future of ETH but I believe this coin will soon rebound and we will certainly still make good profits. Of course this is only my own prediction as the current market has not shown any signs of good recovery and the recent price of Bitcoin is very unusual.

Maybe we will only see ETH around $160 to $200 this year so if you can choose a good price to invest then consider and hope to make a profit from this coin.
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October 12, 2019, 02:11:23 AM
 #95

As of today the value of ethereum is not going down below $168 and i can see that it could spike up more maybe by this december, who know right? It's really depending on the value of bitcoin if its rising up or down.

Even though the market is crashing, ETH is still catching up and not going down more than a $100 and thats why it is good for a long term holding.
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October 12, 2019, 02:33:07 AM
 #96

Hopefully this is the new base line for the lowest value of Ethereum as there are lot of price assumption before like it will be $200 but after it falls down below to this value then various of speculation figures still exist. I will not be against these price discussions because this is better than spreading FUD.
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October 12, 2019, 03:37:06 AM
 #97

Hopefully this is the new base line for the lowest value of Ethereum as there are lot of price assumption before like it will be $200 but after it falls down below to this value then various of speculation figures still exist. I will not be against these price discussions because this is better than spreading FUD.
All of the assumptions still possible as the market still unclear, the possibilities of any directions to move will depend with investors supports. This level if being contain and build another strong barrier it could be a good start to bring the pumped back.

The market still getting good bounce and the current value still between $190-$200, cheap enough to buy and keep for longer investment plans.
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October 12, 2019, 01:47:14 PM
 #98

Hopefully this is the new base line for the lowest value of Ethereum as there are lot of price assumption before like it will be $200 but after it falls down below to this value then various of speculation figures still exist. I will not be against these price discussions because this is better than spreading FUD.
All of the assumptions still possible as the market still unclear, the possibilities of any directions to move will depend with investors supports. This level if being contain and build another strong barrier it could be a good start to bring the pumped back.

The market still getting good bounce and the current value still between $190-$200, cheap enough to buy and keep for longer investment plans.
In any case, the current period is one way or another profitable for investing in Ethereum, since if you take into account its full prospects in the future, with long-term storage, the investor will be able to increase his deposits several times.  I always focus on the indicators of 2017 and the beginning of 2018, when the coin reached the price of 1300 dollars.  This trader should be more careful, as there is a risk of taking the wrong step when buying or selling coins in daily trading.
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October 12, 2019, 04:10:13 PM
 #99

if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

Actually, it's not just ETH that just suffering this kind of downtrend. Almost all cryptocurrencies are having the same issue. This is literally the same at 2018 where everything went down and it caused lot of bad perception that cryptocurrency were dying and shit. But, we don't know what would happen in last month yet where it's a crucial spot for anything.

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October 13, 2019, 03:53:46 PM
 #100

Ascension has begun again. Let's see how long it takes. Ethereum was one of the first projects to enter the ascent train. Previously went to $ 1000 price. Ethereum still has this potential.
It has potential but without the help from ico and that will never reach 1k rate again in the future. you can imagine how much percents of ethereum has already grabbed by ico investors from the market to invest in ico a few years ago.
Ico was a key who helped ethereum to achieve its 1k ath but without the help from ico that's impossible to happen. ico is everything for ethereum
That was by far the most important reason why ethereum surpassed 1400 back in the day, icos were fuel for ethereum since many new investors came in the market and decided to not invest in bitcoin since its price was already too high, so they decided to take their chances on icos as so many of them seemed to have huge potential, this benefited ethereum since you needed ETH to buy into those icos, but after a few years we have seen almost no results from those coins and many disappeared so people are not eager to invest in icos again and this is bad news for ethereum.
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