if ETH hold above 168, downtrend will be over.

[puremage111]

Market has been going sideway over the past few days
Btc is back up to $8,400 which seems a little bit positive

We are yet to see if the market will goes back up or down
Ethereum is kinda undervalue if we were to look back at 2017 where Ethereum peaked at almost $1,500
In order for Ethereum to go a strong bull run, a break off to $200 and above $380 would confirm the bull trend

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[DU18]

The state of the altcoin market seems to have changed because of the declining dominance of the Bitcoin market and many digital assets are starting to show positive market data. Some altcoin projects also came up with announcements that added positive sentiment to the market. Now we can see that some altcoins are starting to show signs of rising prices, such as eth and bnb which have begun to experience an increase in the volume of their transactions in recent months.

[htsy585]

Market has been going sideway over the past few days
Btc is back up to $8,400 which seems a little bit positive

We are yet to see if the market will goes back up or down
Ethereum is kinda undervalue if we were to look back at 2017 where Ethereum peaked at almost $1,500
In order for Ethereum to go a strong bull run, a break off to $200 and above $380 would confirm the bull trend

Ethereum peaking at $1,500 was at the time we had crazy bull run in cryptocurrency probably because of the massive inflow of new enthusiasts from the centralized world. Do you think we are going to witness such bull again? Alot of analysts believe that the little bull run bitcoin witnessed in the last few months was as a result of positive Libra news, now that most investors like PayPal are disembarking from the ship because of sanctions, will btc remain sideways or head up

[Cakalasia]

Market has been going sideway over the past few days
Btc is back up to $8,400 which seems a little bit positive

We are yet to see if the market will goes back up or down
Ethereum is kinda undervalue if we were to look back at 2017 where Ethereum peaked at almost $1,500
In order for Ethereum to go a strong bull run, a break off to $200 and above $380 would confirm the bull trend

Ethereum peaking at $1,500 was at the time we had crazy bull run in cryptocurrency probably because of the massive inflow of new enthusiasts from the centralized world. Do you think we are going to witness such bull again? Alot of analysts believe that the little bull run bitcoin witnessed in the last few months was as a result of positive Libra news, now that most investors like PayPal are disembarking from the ship because of sanctions, will btc remain sideways or head up

Or maybe there whales manipulating the price that time thats why its called bubble in those days.

[zeze18]

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.

Altcoins is really hard to prediction the chart movement.
It might be predicted by it only works for day trading who takes 1-2% profits.
But for a long run, it's hard to predict even altcoins can up and down by 10% in just a week

[leea-1334]

I actually feel quite glad that ETH has had the kind of ride that it has had this year. From going up to 330 after touching below 90, and then now struggling to move past 200,,, I am much more comfortable with this kind of slow growth and see it still below $200 this year, rather than if it had gone to 400 or even 500.

Let us be patient and allow ETH 2.0 to take care of itself.

[Mila52]

I'm optimistic about the current situation with the price of ETH. The price is at about the same level and there are no sharp jumps. I think  that it will pump by the end of the year, if only there would not be a price drop, as in 2018 year.

[bangdol]

it is not a measure of the end of the downtrend. but price stability on the market is very important to determine investment and trade predictions. optimistic for sure but seeing what is happening in the market there is still a possibility for falling prices. ETH is slower to move than other assets such as BNB and XRP. they move faster and I think we need to be smarter and wiser in determining the direction of investment.

[mdzahed134]

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.

I think still not finished downtrend because ETH recent pumping is temporary right now again dumped below 190$. I think ETH price will be stable around 160$-180$ in this year. Bitcoin price movement is changing very quickly definitely it’s a downtrend so that also i agree if BTC will reach 10k$+ in the next bull run than ETH and entire market will be grow. You can keep hold until end of the year. ETH network is too much slow at the moment.      

[Patrix_1]

Does not seem very realistic to me, because ETH climbed much higher, almost to 250 bucks per coin, but than Bakkt exchange failed to attract more interest and the whole market dropped. Right now ETH is around 180 for a long time and I do not see any changes yet.

[cosmofly]

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

The big support is $ 168 and $ 164, if in the next week the value of ETH continues to break down, I believe the whole market will continue to sink in the sea of ​​blood.  And over the last few hours, the market has shown signs of going down as thousands of bitcoins have been deposited on exchanges.  Be careful these days.

[Inu.Guren]

That's affect for altcoin, because as we know another altcoin are adjust in bitcoin price
So untill bitcoin price still not stable i don't think downtrend are ended for altcoin in market

[Silberman]

I actually feel quite glad that ETH has had the kind of ride that it has had this year. From going up to 330 after touching below 90, and then now struggling to move past 200,,, I am much more comfortable with this kind of slow growth and see it still below $200 this year, rather than if it had gone to 400 or even 500.

Let us be patient and allow ETH 2.0 to take care of itself.

It is nice to see other investors that have more rational expectations about the market, most of the time I see investors that want the price of coins to be skyrocketing all the time and that is not possible, if you take the time to study the markets you will see that most of them stay within a range and then they begin to slowly grow, unfortunately the market of cryptocurrencies has not reached that point yet and that is why we see the price moving like crazy.

[Bitcoin+Fi]

ETH has been growing for a long time and costs much more than $168, ETH has positive news, we need to wait for the growth of this coin in the near future