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Author Topic: Potential ETH Prices in December the Lowest 98$ and the Highest 222$  (Read 1065 times)
watergold
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December 08, 2019, 12:25:00 PM
 #21

While I don't think it's going to happen, if I see Ethereum at below $100 this year, I'm going to buy as much of it as I possibly can. That's where the price was last year around this time and you can see it's rebounded quite a bit for a decent profit this year. You could have tripled your money if you bought it at sub $100 and sold back in June of this year. I think it's going to hang around where it's at and then continue to trend upward throughout next year.
It is very difficult for ETH to go below $ 100 in 2019. The price of ETH is being supported at $ 140 and it is difficult for it to go lower, I have purchased ETH at $ 128 but if the price is ETH is lower in 2020, I will continue to buy it

It's not possible to drop the price to $ 100 if that happens maybe I'll prepare funds to buy as much as possible, but is it possible this year? because 2020 will happen in a few weeks so it's impossible for me to happen.
My speculation is that if ETH in early 2020 is still under $ 150 then I don't think there is a good improvement but if it is already $ 180 it can be expected for the future.

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December 08, 2019, 12:46:55 PM
 #22

I cant see any reason for eth to drop its price below 100$.  This month i will be bullish into eth and im guessing the price of ethereum before the end of the year is 250$.

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December 08, 2019, 12:58:55 PM
 #23

I doubt Ethereum will go again at 90$ at that would mean a second bottom for Bitcoin around 4k$ so do we really want this ? I personally don't want to see the markets plunge anymore that they already did ...its already a chaos on markets with a lot of users panic selling every day. On the other side , 222$ for Ethereum seems also far to reach as that would put Bitcoin above 10k$ and the chances for this to happens are lower day by day and in my opinion we will settle around 9k$.

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December 08, 2019, 02:57:15 PM
 #24

I cant see any reason for eth to drop its price below 100$.  This month i will be bullish into eth and im guessing the price of ethereum before the end of the year is 250$.

Then you are very optimistic! Investors are waiting for the start of the new tax year in many countries and are rarely investing large amounts at the end of the year. If only whales want to lower the price, they will easily do it to below $100. I do not think it will happen, but it is possible. Price growth is very unlikely in December in my opinion.

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December 08, 2019, 03:20:11 PM
 #25

ETH prices are up a little today whether this is the effect of hardfork, but I am not sure about the increase in ETH prices due to hardfork or from your analysis, prices are still below $ 200, in my analysis to date focus on buying when ETh is under $ 200

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December 08, 2019, 04:04:22 PM
 #26

ETH prices are up a little today whether this is the effect of hardfork, but I am not sure about the increase in ETH prices due to hardfork or from your analysis, prices are still below $ 200, in my analysis to date focus on buying when ETh is under $ 200
Maybe it is but no one can identify if it really the effect of hardfork but the price is still on the level of common price since it dropped. I think this is just a quick spike or something that made the price of ETH grow for this certain price. If you have to invest in ETH i think this is the best time to do that since the price is a little wear off.

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December 08, 2019, 04:23:40 PM
 #27

ETH prices are up a little today whether this is the effect of hardfork, but I am not sure about the increase in ETH prices due to hardfork or from your analysis, prices are still below $ 200, in my analysis to date focus on buying when ETh is under $ 200
Maybe it is but no one can identify if it really the effect of hardfork but the price is still on the level of common price since it dropped. I think this is just a quick spike or something that made the price of ETH grow for this certain price. If you have to invest in ETH i think this is the best time to do that since the price is a little wear off.

A small increase means nothing. Fork will definitely matter, but only if it takes place when it was planned and will not be postponed again. Investors no longer speculate on the ETH price before the fork, because it has failed twice. I think the ETH price will start rising only if the fork will be successful.

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December 08, 2019, 06:34:08 PM
 #28

I think the ETH price will start rising only if the fork will be successful.
Same. I think it's fair to say that the main reason the price has held quite well despite being dumped down hard is because of the fork. If there was no fork there for a lot of people wouldn't be an incentive to buy Ethereum.

In general, the price tends to increase in the run-up to the actual event, so from there I do expect quite a strong bounce in the coming months, but a lot will depend on what Bitcoin is doing as well, so better don't get too excited yet.

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December 09, 2019, 10:23:33 AM
 #29

ETH prices are up a little today whether this is the effect of hardfork, but I am not sure about the increase in ETH prices due to hardfork or from your analysis, prices are still below $ 200, in my analysis to date focus on buying when ETh is under $ 200
Maybe it is but no one can identify if it really the effect of hardfork but the price is still on the level of common price since it dropped. I think this is just a quick spike or something that made the price of ETH grow for this certain price. If you have to invest in ETH i think this is the best time to do that since the price is a little wear off.

A small increase means nothing. Fork will definitely matter, but only if it takes place when it was planned and will not be postponed again. Investors no longer speculate on the ETH price before the fork, because it has failed twice. I think the ETH price will start rising only if the fork will be successful.
if asking about speculation this thread also makes speculation but does not have to be followed, back again about the price of ETH not everyone knows about the price and can be predicted accurately, I only know that the current ETH is really cheap, I am still surprised if the price of ETH follows the price bitcoin, that's wrong, do people know when the price of bitcoin fell by $ 7,000 at the start of 2018 then what was the price of ETH in early 2018, it was still above $ 600, but why is it now under $ 200, sometimes it's funny even the block reward is also reduced to 2 ETH so who is playing with the price of ETH

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December 09, 2019, 11:12:26 AM
 #30

ETH prices are up a little today whether this is the effect of hardfork, but I am not sure about the increase in ETH prices due to hardfork or from your analysis, prices are still below $ 200, in my analysis to date focus on buying when ETh is under $ 200
Maybe it is but no one can identify if it really the effect of hardfork but the price is still on the level of common price since it dropped. I think this is just a quick spike or something that made the price of ETH grow for this certain price. If you have to invest in ETH i think this is the best time to do that since the price is a little wear off.

A small increase means nothing. Fork will definitely matter, but only if it takes place when it was planned and will not be postponed again. Investors no longer speculate on the ETH price before the fork, because it has failed twice. I think the ETH price will start rising only if the fork will be successful.
if asking about speculation this thread also makes speculation but does not have to be followed, back again about the price of ETH not everyone knows about the price and can be predicted accurately, I only know that the current ETH is really cheap, I am still surprised if the price of ETH follows the price bitcoin, that's wrong, do people know when the price of bitcoin fell by $ 7,000 at the start of 2018 then what was the price of ETH in early 2018, it was still above $ 600, but why is it now under $ 200, sometimes it's funny even the block reward is also reduced to 2 ETH so who is playing with the price of ETH

Good point! For me, the current ETH price is also very low. However, from what I observe, I don't expect anything to change to hardfork.
I look forward to the moment when the ETH price breaks away from the BTC price, because I think Ethereum will be the first altcoin to do it. I hope that Ethereum hadfork will be the moment that start a new era in the world of cryptocurrencies and the prices of altcoins will follow ETH and not BTC anymore.

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Nivia1st
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December 09, 2019, 01:04:27 PM
 #31

I think ethereum will be stable this month at $150, not going up before the turn of the year. I see this because bitcoin is stable, but if suddenly bitcoin moves again, ethereum will definitely be affected as well. and that's not a good thing for ethereum. at this time ethereum is still struggling to reach the price of $200, we hope that early next year there will be a change.

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December 09, 2019, 02:04:12 PM
 #32

I don't think the impact of the ETH fork will be too big for the current ETH price, I assume that by the end of December eth will remain below 200 $. Traditional analysis is imaginary hehehehe. Looking from the BTC cycle there are no signs yet to move towards the high price chart. Your analysis is indeed good, and in my opinion it can be used as a guide, to determine a good price or or a safe price to buy ETH this month. However, I still pay attention to the issue and development of the country, especially their response to the policy of using crypto in general, this is a reference material in particular for me to determine the steps in dealing with the price development of each digital asset, especially ETH.

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December 09, 2019, 03:58:28 PM
 #33

so what if support to 4 occurs, seeing from the very terrible price down to 98 $, of course gradually and it's at the end of the support.
I do not really understand technical analysis, usually I buy based on news, whether it's good / bad news, it will certainly have an impact on price increases.
ok, maybe I'll pay attention Grin
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December 09, 2019, 07:17:17 PM
 #34

so what if support to 4 occurs, seeing from the very terrible price down to 98 $, of course gradually and it's at the end of the support.
I do not really understand technical analysis, usually I buy based on news, whether it's good / bad news, it will certainly have an impact on price increases.
ok, maybe I'll pay attention Grin
I made a technical analysis that is valid until the end of December, I have never found an increase and decrease in prices of more than the third Resistance and Support.  so I think if it happens the last limit is in Resistance and support to 3. so I think it is not possible to continue to fall or rise to the point to 3. except in the following month, of course, if the decline or increase occurs then the trading volume also rises.  after a certain volume rises in the following month the Resistance and support points also expand, meaning that the highest Resistance point will be higher than the Resistance point in the previous month.  as well as the support point will be lower than the previous month's support.
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December 09, 2019, 07:30:52 PM
 #35

Op, you listed the *potential* highs and lows for the month, but I think Eth is pretty much going to stay where it is for the rest of the year unless something happens that either crashes the market or makes it start skyrocketing.  I doubt either one of those things will occur with what little time we have left in december.

Next year is another story, and I don't need technical analysis to know that there will probably be some bullish momentum at some point in 2020.  The market overall is due for some sweet buying and crypto euphoria.  It's been far too long since we've had a true bull market, and I think everything right now is completely oversold.
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December 10, 2019, 12:12:13 AM
 #36

AIM:
I made this Technical Analysis NOT for a Buy / Sell Signal because honestly I don't want to bear your risk, it's just that I made this. Maybe it could be a discussion or reference for us all when determining the best price.

after I draw the Fibonation line it looks like the TA below:


Potential ETH Prices for December

Key Point:159$

  • Resistance 3: 222$
  • Resistance 2: 198$
  • Resistance 1: 183$

  • Key Point: 159$

  • Support 1: 135$
  • Support 2: 120$
  • Support 3: 96$

CONCLUSION:
If ETH/USD trades above the key point then the highest potential ETH price in December is only 222$
If ETH/USD trades below the key point then the lowest potential ETH price in December is only 96$

Does anyone have the same analysis?

(Do With Your Own Risk)
in fact it needs to wait until January and February to draw conclusions correctly. Because Chinese people often celebrate New Year in February, so all their moves are noticeable. They are one of the countries with the most participants in the crypto market. And one thing to prove is that our year 2019 started a strong bull run in March and April. At that time, the new cash flow was from China. so to see bull run we need to wait until March next year. Do you agree with my opinion?

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December 10, 2019, 04:19:06 AM
 #37

ETH prices are up a little today whether this is the effect of hardfork, but I am not sure about the increase in ETH prices due to hardfork or from your analysis, prices are still below $ 200, in my analysis to date focus on buying when ETh is under $ 200
Maybe it is but no one can identify if it really the effect of hardfork but the price is still on the level of common price since it dropped. I think this is just a quick spike or something that made the price of ETH grow for this certain price. If you have to invest in ETH i think this is the best time to do that since the price is a little wear off.

A small increase means nothing. Fork will definitely matter, but only if it takes place when it was planned and will not be postponed again. Investors no longer speculate on the ETH price before the fork, because it has failed twice. I think the ETH price will start rising only if the fork will be successful.
if asking about speculation this thread also makes speculation but does not have to be followed, back again about the price of ETH not everyone knows about the price and can be predicted accurately, I only know that the current ETH is really cheap, I am still surprised if the price of ETH follows the price bitcoin, that's wrong, do people know when the price of bitcoin fell by $ 7,000 at the start of 2018 then what was the price of ETH in early 2018, it was still above $ 600, but why is it now under $ 200, sometimes it's funny even the block reward is also reduced to 2 ETH so who is playing with the price of ETH

Good point! For me, the current ETH price is also very low. However, from what I observe, I don't expect anything to change to hardfork.
I look forward to the moment when the ETH price breaks away from the BTC price, because I think Ethereum will be the first altcoin to do it. I hope that Ethereum hadfork will be the moment that start a new era in the world of cryptocurrencies and the prices of altcoins will follow ETH and not BTC anymore.
it's not true if all Altcoin follows ETH, the market is dominated by bitcoin almost 70%, if ETH wants to follow its own price it should delete the pair with BTC on all exchanges, unfortunately they are not ready about that because they still need bitcoin, so just look at what best for ETH prices in the future

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December 11, 2019, 03:27:45 AM
 #38

it's not true if all Altcoin follows ETH, the market is dominated by bitcoin almost 70%, if ETH wants to follow its own price it should delete the pair with BTC on all exchanges, unfortunately they are not ready about that because they still need bitcoin, so just look at what best for ETH prices in the future
if we talk about the future, it's not only ETH that will reach the best price, because when I look at the weekly time frame, this ETH is at the bottom. and if ETH can reach the price of $ 173 in this weekly time frame, then that is a good sign for the future of ETH. especially with ETH 2.0 next year I'm very optimistic it will be a price driver
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December 11, 2019, 03:40:05 AM
 #39

it's not true if all Altcoin follows ETH, the market is dominated by bitcoin almost 70%, if ETH wants to follow its own price it should delete the pair with BTC on all exchanges, unfortunately they are not ready about that because they still need bitcoin, so just look at what best for ETH prices in the future
if we talk about the future, it's not only ETH that will reach the best price, because when I look at the weekly time frame, this ETH is at the bottom. and if ETH can reach the price of $ 173 in this weekly time frame, then that is a good sign for the future of ETH. especially with ETH 2.0 next year I'm very optimistic it will be a price driver

For now, the uncertainty of the turn out of Ethereum 2.0 gives the people double possibilities, either for ETH to fly high or it will remain at below $200. But I guess the progress of ETH kind of suggests that it will not be like the rest of the shitcoins, that it will have an increase in price as they increase in utility and development. ETH is something dependable. They are a future looking team with a vision. I am particularly excited of their shift to Proof of Stake. PoS is the way to go in the future.
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December 12, 2019, 02:30:44 AM
 #40

it's not true if all Altcoin follows ETH, the market is dominated by bitcoin almost 70%, if ETH wants to follow its own price it should delete the pair with BTC on all exchanges, unfortunately they are not ready about that because they still need bitcoin, so just look at what best for ETH prices in the future
if we talk about the future, it's not only ETH that will reach the best price, because when I look at the weekly time frame, this ETH is at the bottom. and if ETH can reach the price of $ 173 in this weekly time frame, then that is a good sign for the future of ETH. especially with ETH 2.0 next year I'm very optimistic it will be a price driver

For now, the uncertainty of the turn out of Ethereum 2.0 gives the people double possibilities, either for ETH to fly high or it will remain at below $200. But I guess the progress of ETH kind of suggests that it will not be like the rest of the shitcoins, that it will have an increase in price as they increase in utility and development. ETH is something dependable. They are a future looking team with a vision. I am particularly excited of their shift to Proof of Stake. PoS is the way to go in the future.
I think POS will be really help people, especially for people who like kind of investment. I think do PoS in a coin like ETH is better than do an investment in something that full of speculation. At least that is what i think if ETH start to be POS coin.

You cannot escape speculation quite frankly. The prices of cryptocurrencies including ETH are under traders and investors that are playing speculation on it. The price will either go up or down next. No one could really avoid speculating which direction the price would take in the next hours. ETH shifting into PoS is still criticized by a lot of people but I tend to believe that PoS is the better option compared to PoW. It will also encourage more people to participate in the staking as compared to mining.
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