Ethereum very volatile

[whyrqa]

Personally, I have a very high expectation from Ethereum, but today I have a lot of questions that I have no answer to.  First of all, we are talking about the cost of ethereum, which, according to many analysts, is at the level of 500 dollars.  It turns out that at the current price, miners suffer losses.  In addition, it is necessary to take into account the fact that Ethereum was originally planned to be used as fuel for the erc20 platform, and it is logical to assume that fuel should not be too expensive.  But today there are already quite a lot of opportunities where Ethereum can also be used as a means of payment.  It is precisely because of this that the question arises of how much is a great price for ethereum.

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[kentrolla]

Looking with etehreum price today make us most disappointed because we got lower price of ethereum, impact from bitcoin going down drastically make many altcoin allow for lower price and ethereum keep continue for going down.

ethereum prices are currently down due to the influence of bitcoin prices, so when bitcoin prices rise again, I think ethereum prices will recover. yeah, the point is in bitcoin. however, this is an opportunity for investors. You know, halving will happen soon, I think it will affect the price of bitcoin and ethereum, at least up to the price of $ 9k or $ 10k.

Exactly, ETH is dependent on BTC that's the thing. The number of people using digital currency is steadily increasing so it's a kind of excitement for the Investors as well, the reason for volatility might be because it's a trustworthy alternative currency in the world. By this logic it makes a lot of sense to buy, sell and invest to be honest there is no way for a definition on the impact of volatility on digital currency.

[Denamen]

Personally, I have a very high expectation from Ethereum, but today I have a lot of questions that I have no answer to.  First of all, we are talking about the cost of ethereum, which, according to many analysts, is at the level of 500 dollars.  It turns out that at the current price, miners suffer losses.  In addition, it is necessary to take into account the fact that Ethereum was originally planned to be used as fuel for the erc20 platform, and it is logical to assume that fuel should not be too expensive.  But today there are already quite a lot of opportunities where Ethereum can also be used as a means of payment.  It is precisely because of this that the question arises of how much is a great price for ethereum.

There is not much hope for the price of this coin because for the time being the coin has been heavily dependent on the price of Bitcoin and if Bitcoin cannot rise, do not expect too much in Ethereum. I have analyzed many times Ethereum and it is not really popular because now the ICO is dead and people have no reason to invest in this coin.

[wozzek23]

I don't know if we have dropped as further as we can or if we will do any better but it looks like we are doing a bit better last days. We have tried to go down under 100 dollars and so forth, but bitcoin prices increases as well and ethereum is doing better too.

I think whatever has happened already happened and we are not really going down anymore, we already did and this was it, I suspect this was the last of the drops. From here on out we will probably be better and go up, maybe it will take time, maybe we will stay here for months before we see another increase, but I do not think we will go down under 5k too much anymore (not counting 4.8k+ in general). I could be wrong but it looks definitely like that is the situation right now to me.

[jahepahit]

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

[Shadowkipper]

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.

[Irvinn]

Today's Ethereum price is most likely the general tendency for the cryptocurrency market to fall, and not the fall in the popularity of ETH.  I believe in this coin, I do not know that the ETH platform has a high demand among users and Ethereum has much higher technical characteristics than even bitcoin.  I am convinced that the future of Ethereum is secure, but I am concerned about the issue that is important today, namely, what is connected with the extraction of Ethereum, since its cost is much higher than the current price of $ 130 per coin.  We understand that Ethereum mining has significant energy costs and increased equipment wear, and this costs a lot of money.

[okala]

During the past 8 days Ethereum price went up by 22.5%, more so than usual.

Currently at $190 at the time of this post, and there is a huge SELL ORDER on Binance at $195.


IT already broke $195 mark yesterday but went no further.

Another factor is that it's been trading very heavily with Velocity reaching over 15%.



Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?

It is not only ethereum that is highly volatile but all the coins. Whatever happens in ethereum is always a replicate of what happens to bitcoin. That is why I keep on telling friends that the cryptocurrencies market in general needs a new trading approach and if you used traditional trading tools or indicators in trading it you might be wipe out of the market.

[bitkanu]

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.

It's not yet passed. Crypto becomes the alternative way for people from infected countries to use it to fill all of their needs. This helps crypto to be an alternative solution for so many people in this crisis.
You say that there was a lot of cheap coins right now but remember about the problem is we don't know where the market will be going on. Just try to keep our distance from the big risk.

[KTChampions]

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.

It's not yet passed. Crypto becomes the alternative way for people from infected countries to use it to fill all of their needs. This helps crypto to be an alternative solution for so many people in this crisis.
You say that there was a lot of cheap coins right now but remember about the problem is we don't know where the market will be going on. Just try to keep our distance from the big risk.

The peak of the crisis is far ahead, so talking about cheap coins is really very early. As for the convenience of using cryptocurrencies now, this is true, but unfortunately there are many drawbacks - for example, the economic decline that affects everything and cryptocurrencies as well.

[Russlenat]

The peak of the crisis is far ahead, so talking about cheap coins is really very early. As for the convenience of using cryptocurrencies now, this is true, but unfortunately there are many drawbacks - for example, the economic decline that affects everything and cryptocurrencies as well.

When bitcoin dump, I thought this is really cause by the global pandemic, but I am surprise it pumped and stayed stable at the current price.
Majority would think that crypto market will not be exempted for the global market fall down, but I like to think it will do the opposite.

I am not an expert, all I say is just my opinion based on my observation and the fact that crypto market is very unpredictable, I'd like to believe that my expectation would happen, and this is not only for bitcoin but for ETH and other altcoins as well.

[matchi2011]

If for the price of $ 200, for me it's something that is difficult for now. but we all do not know the price that will happen tomorrow. because if the world economic situation has improved, of course this will also affect the development of world of crypto.

Now the virus is very seriously hindering crypto development, but now there are good coins at cheap prices, the virus will pass over time and the coins will start to grow in price.

It's not yet passed. Crypto becomes the alternative way for people from infected countries to use it to fill all of their needs. This helps crypto to be an alternative solution for so many people in this crisis.
You say that there was a lot of cheap coins right now but remember about the problem is we don't know where the market will be going on. Just try to keep our distance from the big risk.

Keep your distance and assess everything before you come into conclusion whether to invest or not. The market direction still unclear and we
should know what is best to our investment. Never to judge base from  others opinions but in instead in  time like this we should all follow
our own instinct and observations.

[whyrqa]

Personally, I have a very high expectation from Ethereum, but today I have a lot of questions that I have no answer to.  First of all, we are talking about the cost of ethereum, which, according to many analysts, is at the level of 500 dollars.  It turns out that at the current price, miners suffer losses.  In addition, it is necessary to take into account the fact that Ethereum was originally planned to be used as fuel for the erc20 platform, and it is logical to assume that fuel should not be too expensive.  But today there are already quite a lot of opportunities where Ethereum can also be used as a means of payment.  It is precisely because of this that the question arises of how much is a great price for ethereum.

There is not much hope for the price of this coin because for the time being the coin has been heavily dependent on the price of Bitcoin and if Bitcoin cannot rise, do not expect too much in Ethereum. I have analyzed many times Ethereum and it is not really popular because now the ICO is dead and people have no reason to invest in this coin.

Many analysts expressed their opinion that Ethereum was already very far removed from altcoin, since it has its own blockchain and is considered a full-fledged coin, which allows it to be independent of the price of bitcoin.  On the one hand, I believed this, since today the cryptocurrency market has a universal downward trend in prices, because even when Bitcoin rose from $ 3,000 for the whole of 2019 to $ 11,000, not all cryptocurrencies reacted to this upward movement of Bitcoin.  Based on this, I believe that in the cryptocurrency market there are other factors influencing the situation, and in this case, ethereum can be truly independent.

[inanilujimi]

sometimes it comes to mind that ETH can be more independent and less affected by bitcoin price movements.
fluctuating if it has a large volume such as ETH I personally never leaven the slightest of course, for this is very useful to me for daily trading.

[kotajikikox]

Is ETH ready to push through $200 or is price correction due to happen?
Thoughts?

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

[aioc]

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

If this pandemic did not happen Ethereum would have reached the $400 level it was going up it follows the price of Bitcoin before this thing happens, they still retain their position I don't see why traders should lose hope in Ethereum all the coins and the whole market today is very volatile no need to pinpoint on Ethereum only.

[shoreno]

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

If this pandemic did not happen Ethereum would have reached the $400 level it was going up it follows the price of Bitcoin before this thing happens, they still retain their position I don't see why traders should lose hope in Ethereum all the coins and the whole market today is very volatile no need to pinpoint on Ethereum only.

everyone sees it . i was impressed when that moment happen that i said to myself that wow for a long time eth finally moving in an upward position along with bitcoin  and some other but actually btc is the one that moved first   .

 not just today but crypto market were been volatile the whole time , so why loose hope anyway ? but i forgot that its normal , every market crash there are those people that cries and feel like quiting but they come back again once they see that market is doing well . dont mind them

[quality.crypto]

it passed this value of 200$ to reach 249$ this year and its not a bad record though.

but today as all of the currencies are dropping again,meaning Pumping and Dumping there are no chance so far to hit another 200$ and instead we will suffering this bear for long until the corona issue resolved.

but at one point?this is a chance for Ethereum believers to Buy more now and wait for the Grow again soon.

If this pandemic did not happen Ethereum would have reached the $400 level it was going up it follows the price of Bitcoin before this thing happens, they still retain their position I don't see why traders should lose hope in Ethereum all the coins and the whole market today is very volatile no need to pinpoint on Ethereum only.

You are right, there are many other potential coins facing the same situation, which Covid 19 is destroying the entire market. Bitcoin price is increasing and destroying this makes ETH price kept fluctuating, this makes many people think the ETH is volatile.

[KTChampions]

The peak of the crisis is far ahead, so talking about cheap coins is really very early. As for the convenience of using cryptocurrencies now, this is true, but unfortunately there are many drawbacks - for example, the economic decline that affects everything and cryptocurrencies as well.

When bitcoin dump, I thought this is really cause by the global pandemic, but I am surprise it pumped and stayed stable at the current price.
Majority would think that crypto market will not be exempted for the global market fall down, but I like to think it will do the opposite.

I am not an expert, all I say is just my opinion based on my observation and the fact that crypto market is very unpredictable, I'd like to believe that my expectation would happen, and this is not only for bitcoin but for ETH and other altcoins as well.

The stock market has also partially recovered, but we know the reason - a massive infusion of liquidity. Fundamentally, nothing has changed - there are huge problems in the economy and if the market is not manipulated, it will collapse. I think the same processes are happening in the crypto. At the moment, market makers are able to hold the market. How long this will last is unknown.

[verita1]

You are right! Ethereum is very volatile, I had hope when the price reaches to more than $200. But after, it changed and the behavior of the market returned to the downside and if we add the problem of Coronavirus. We will have difficult times to reach recovery in the market and the entire economy.