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Author Topic: ETH - Going to 70$?  (Read 1241 times)
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December 27, 2019, 02:29:10 PM
 #121

Well its possible because anything can happen in crypto. Its been months since the price of eth improved together with bitcoin but it didnt last long.

Eth is following the movement of btc and it seems there's no good news that can make the price increase for now until the launching of eth 2.0 but we are not certain how can this upgrade affect eth positively.

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December 27, 2019, 03:26:23 PM
 #122

Well its possible because anything can happen in crypto. Its been months since the price of eth improved together with bitcoin but it didnt last long.

Eth is following the movement of btc and it seems there's no good news that can make the price increase for now until the launching of eth 2.0 but we are not certain how can this upgrade affect eth positively.
In no doubt that the upcoming ETH event will have a positive result especially to the price. It feels that the Ethereum price may walk again in the alley going high. Hopefully, it helps also to the other altcoins and the entire market improvements.
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December 27, 2019, 04:02:58 PM
 #123

It is best not get into ETH right now as we can expect to see more dumps. Wait a bit and let the price consolidate and then you may look to enter.
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December 27, 2019, 08:18:02 PM
 #124

Well its possible because anything can happen in crypto. Its been months since the price of eth improved together with bitcoin but it didnt last long.

Eth is following the movement of btc and it seems there's no good news that can make the price increase for now until the launching of eth 2.0 but we are not certain how can this upgrade affect eth positively.
In no doubt that the upcoming ETH event will have a positive result especially to the price. It feels that the Ethereum price may walk again in the alley going high. Hopefully, it helps also to the other altcoins and the entire market improvements.
remain confident that ethereum is still the best and can be very reliable. a normal thing about etehereum and he was able to go through well and was very sure that the following year there was good news for ethereum to be a revival.

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December 27, 2019, 08:39:40 PM
 #125

Recently a few whales have moved over $ 25 million ETH to several exchanges, I suspect that with this news the ETH price will probably fall below $ 100 if they sell it. Or in the worse case the ETH price could go below $ 70 as expected, everything can happen in this market if the whales want it.
If the whales actually sell that many coins there is going to be a bloodbath in the ethereum market, but we should question why they could do something like that? And in my opinion that will be a very obvious attempt to manipulate the market to make the price of ethereum to go down to very low levels and crash the altcoin market and then use their money to buy back all of that ethereum and many other altcoins for a very cheap price, so if that is true you need to prepare yourself because there will be a major attempt to manipulate the market very soon.

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December 27, 2019, 09:37:56 PM
 #126

Recently a few whales have moved over $ 25 million ETH to several exchanges, I suspect that with this news the ETH price will probably fall below $ 100 if they sell it. Or in the worse case the ETH price could go below $ 70 as expected, everything can happen in this market if the whales want it.
If the whales actually sell that many coins there is going to be a bloodbath in the ethereum market, but we should question why they could do something like that? And in my opinion that will be a very obvious attempt to manipulate the market to make the price of ethereum to go down to very low levels and crash the altcoin market and then use their money to buy back all of that ethereum and many other altcoins for a very cheap price, so if that is true you need to prepare yourself because there will be a major attempt to manipulate the market very soon.

   This will not be the first time in crypto-market for us to see some huge dumping from just couple addresses. It's interesting
for all of us when someone moves hundreds of millions in just couple times in or out from an exchange. Many traders use this
transfers as signals for their next trades.
   Dumping huge amounts will affect the market, it always does. In the past those dumps were just temporary, after some time
same traders buy at discount and have profit from them. It's manipulation with the market and we can't do nothing about that.



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December 28, 2019, 01:24:21 AM
 #127

I doubt that it will be that bearish.

Despite the overall sentiment seemingly very grim, I doubt that this bear market will be longlasting at least anywhere near what you'd expect. Prices already slipped more than 80-90% from the past ATH and with the halving coming up, I don't think that it's rational to expect another 50% loss in price.

Either way though, ETH is something that long term I still believe in. They're still the groundwork of the majority of ICOs.
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December 28, 2019, 02:31:08 AM
 #128

It is best not get into ETH right now as we can expect to see more dumps. Wait a bit and let the price consolidate and then you may look to enter.
Agree. Investing in ETH can make you a lot of risks because the current market is very volatile and ETH can completely return to $70 at any time. Currently, you only invest in Bitcoin or hold USDT to look for more opportunities because this market still has many other good coins for you to choose.

However, only coins that have a clear development and are always appreciated by the community

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December 28, 2019, 10:31:58 AM
 #129

Recently a few whales have moved over $ 25 million ETH to several exchanges, I suspect that with this news the ETH price will probably fall below $ 100 if they sell it. Or in the worse case the ETH price could go below $ 70 as expected, everything can happen in this market if the whales want it.
If the whales actually sell that many coins there is going to be a bloodbath in the ethereum market, but we should question why they could do something like that? And in my opinion that will be a very obvious attempt to manipulate the market to make the price of ethereum to go down to very low levels and crash the altcoin market and then use their money to buy back all of that ethereum and many other altcoins for a very cheap price, so if that is true you need to prepare yourself because there will be a major attempt to manipulate the market very soon.
that's co founder ETH which sell the coin
Ethereum Co-Founder Reportedly Sells 90k ETH To U.S. Cryptocurrency Exchange

I dont know why he sold this coin, even on low price. there is no doubt if any specuation on his action
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December 28, 2019, 12:29:45 PM
 #130

of course ETH is a good choice to save our money in the long run, the current situation is the turmoil that is happening at the end of this year and this is natural, if to stay away or not hold ETH at this time, this is a less appropriate choice, ETH at the moment it is seen as one of the tokens that has a mid price, neither cheap nor expensive nor is it, I am always sure ETH will rediscover its best price, and to tune at 70 $ I feel not very convincing, at least ETH will remain at 140-150 $ to the first quarter of 2020.

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December 28, 2019, 01:52:20 PM
 #131

I think that at least ETH this or the beginning of next year will be about $100, and very much doubt that ETH can fall to $70.
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December 28, 2019, 03:19:26 PM
 #132

Well if bitcoin dumps again or any negative news about Ethereum then the price would dump to $70 for sure. Let's hope the better market in the next year.

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December 28, 2019, 08:43:55 PM
 #133

Well if bitcoin dumps again or any negative news about Ethereum then the price would dump to $70 for sure. Let's hope the better market in the next year.
maybe I didn't see that it would happen with ethereum as you said. ethereum will remain stable at current prices, ethereum will not plunge to below $ 100. that it is expected that good developments in the next year with ethereum are expected by many people, seeing the development of 2 years ago, when starting the new year ethereum is actually quite powerful. whether 2020 will be a similar era of revival, we will just have to wait for it.

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December 29, 2019, 03:45:09 AM
 #134

Could possibly happen if you expect markets to continue to slip overall, but I think that ETH will actually perform relatively well in terms of holding up in this bearish sentimented market compared to other coins like EOS and smaller cap coins because it has some institutional background.

So yes, $70 is possible, but not likely imo.

Especially when you consider that we're on the verge of recovery already. Tough to see how it can lose another 50%.

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December 29, 2019, 04:10:51 AM
 #135

hello friends.

 2018 - 2019  its similar periods for ETH. ETHEREUM are going to 70$?
what is your predicts about ETH market ? what you think about future?
how i wish it will happen mate,but i know this will never happen
because Ethereum will go along with bitcoin when bull comes next year.
and also Vitalik is cooking something for another progress of ethereum.
though i dont care what will happens next,if the price dump?then i will use
all my saved money to buy again,because $70 is really a cheapest price
ETH has for years now and let us look for this as advantage.
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December 29, 2019, 06:16:41 AM
 #136

We all know that $70 for ETH is entirely possible. However I don't think it will happen. The whole market is moving together, and we bounced back very strongly when lower support was tested recently. Given that ETH is also moving towards PoS with 2.0, I would think we are more likely to see an increase in price. Will we see the ATH again that we had at the peak of ICO-fever, when everything ran on ETH and every new project hit hardcap? Difficult to say, but I would argue yes, because smart contracts (with ETH still leading the way) have huge huge potential.
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December 30, 2019, 04:36:19 PM
 #137

I dont think ETH will be back to 70$ unless all ETH developer left. We all know ETH going to release version 2.0 with lots of change in their product with allow people to stake and many new features. I think with these change, ETH will be very potential to grow over its last ATH. Anyway, before invest anything you should start research and have some believe in that project. Wink


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RushMoon
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December 31, 2019, 03:35:26 AM
 #138

I dont think ETH will be back to 70$ unless all ETH developer left. We all know ETH going to release version 2.0 with lots of change in their product with allow people to stake and many new features. I think with these change, ETH will be very potential to grow over its last ATH. Anyway, before invest anything you should start research and have some believe in that project. Wink
Although ETH will have many updates in 2020 but with those updates there is no guarantee that the price of ETH will increase, this market is now not affected by the same news as before. In 2020 I believe that the price of ETH will fall below 100$ and the price of 70$ is entirely possible for ETH

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December 31, 2019, 04:11:37 AM
 #139

i dont think that it can go so low.. in my opinion it looks like its going to go up from here
anyway it has a support at 82$, so to go to 70$ it should break the support
i think it'll happen only if bitcoin will go down
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December 31, 2019, 04:59:32 AM
 #140

i dont think that it can go so low.. in my opinion it looks like its going to go up from here
anyway it has a support at 82$, so to go to 70$ it should break the support
i think it'll happen only if bitcoin will go down
That's true. but just forget about the price point below $100 as it will never be reached by ethereum . yesterday, ethereum gets at least 6% increase and that's more than enough to bring back the price of ethereum again to the $140.
The next resistance should be on $150.
What we can hope to see bitcoin will be getting another FOMO again this year. It looks like that people are still feeling good about the progress of bitcoin in the future.
Bitcoin is impossible to go down to the new all time bottom again.
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