Tduty (OP)
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February 16, 2020, 09:26:46 PM |
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After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
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crzy
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February 16, 2020, 09:33:11 PM |
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That’s possible and that’s how corrections works so nothing to panic at all. If you believe on that prediction then better to ready your money and buy more because the trend for the whole year will be good and we will go for more ups with ETH, this is just a short correction for the whole crypto market.
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Mealea
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February 16, 2020, 09:51:35 PM |
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It is very possible for ETH to go back down but I am very optimistic that ETH will not go below 200$. It will surge again.
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Handsome Boy
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February 16, 2020, 11:26:30 PM |
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After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
I hope that does not happen, but if the price of ETH is really down then it is a good opportunity for us to buy more ETH and hold until the price of ETH increases again, because I believe this year the price of ETH will definitely increase very high and of course will give us a very big profit, if we take the opportunity to buy ETH now or when ETH prices are down.
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SlimShadyMmp
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February 16, 2020, 11:39:15 PM |
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Most of the time these are more basic corrections that affect all crypto including ETH so personally I think we wouldnt go down beyond 200 and is likely a sign that the year bull-run might just be sustainable enough There are other major event coming up that will definitely affect prices in the market so i think you dont need to worry now if you are ready to hold
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Zemomtum
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February 16, 2020, 11:55:37 PM |
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Well, that is just an opinion, ETH has gained over 50% and is due for some correction and that is what is currently doing if we look at it technically.
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o48o
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February 16, 2020, 11:58:07 PM |
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Right now markets are too unstable to know the near future for sure, i wouldn't really mind for getting it cheaper again because i am long time bullish for eth.
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February 16, 2020, 11:59:46 PM |
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ETH price is just doing what is expected technically. We have a very massive move for the past days and currently doing some corrections. I can see it deep below $200 as the trend still signal a bull move is some days ahead.
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bgaf
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February 17, 2020, 01:33:56 AM |
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Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
Can we see the source of that article? Eth could go down more and even under 200 also is way possible. It increases so fast and of course this is unusual. Corrections are set to fix what is the natural price of certain tokens and coins on market but these crypto coins are different from traditional stocks which is highly volatile and got some moves. ETH price is just doing what is expected technically. We have a very massive move for the past days and currently doing some corrections.
Techinically? The massive surge could be due to the bitcoin price and see how the price went down so easily after btc fall down. Markets are down and some are way deeper like ethereum. Anyway corrections are indeed helpful to see a much stable market than this one.
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Tduty (OP)
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February 17, 2020, 01:56:30 AM |
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It is very possible for ETH to go back down but I am very optimistic that ETH will not go below 200$. It will surge again.
Yes, Ethereum can surge again, right now it's the price is 252$, looks strong at that zone, but I can't ignore the possibility of 200$ prediction, because Bitcoin price is decreasing! I still don't know why crypto coins price increased suddenly, was it for halving hype? I don't think so, because the hype is still there! Or maybe it increases because of Coronavirus and now when Coronavirus is going to destroy, so, crypto market started dumping? Anything can be true from here!
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dragon695
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February 17, 2020, 02:14:19 AM |
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After a long time, Ethereum price increased well but it seems they failed to keep the high zone for a long time. Today Ethereum price decreased more than 25$ and it continues. Just seen an article that Ethereum price may come to 230 to 210$, so, if that happens then under 200$ is not that far!
The market usually has a big correction after a period of price increases and for me this is normal. I think in the next few days the market will turn red and you can consider investing if you want because that time is good for you to buy some cheap pennies. In addition, Ethereum is a very good option in the long term and can certainly reach $500 if altcoin season returns to this market.
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Psalms23
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February 17, 2020, 02:22:27 AM |
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We should not be surprised if anything like that happens since this year it has been a bumpy ride for ethereum and all the other coins. Although we are all hoping that there will be a constant rise for eth, for me, still I am anticipating things like this.
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February 17, 2020, 02:39:06 AM |
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If the bearishness is still ongoing then I think it could happen to plunge down to another $ 200 but I think it should pass $ 50 and that is pretty big for Ethereum coins. Well Ethereum cannot be able to maintain its high prices like BCH and BSV coins which are still above but ETH prices are currently still below average. The current market conditions are still not good, the decline is quite large so it must be more careful in its analysis.
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R |
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Kotone
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February 17, 2020, 02:46:06 AM |
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Well, that is just an opinion, ETH has gained over 50% and is due for some correction and that is what is currently doing if we look at it technically.
Technically the price should be at 220 only now but were bit lucky to see it only lose few amount from a recent pump. We should not be surprised if anything like that happens since this year it has been a bumpy ride for ethereum and all the other coins. Although we are all hoping that there will be a constant rise for eth, for me, still I am anticipating things like this.
I think many investors will likely to see a huge downfall after series of pump has been gained by eth. Actually eth price will be expected to pump hard this year as proof of stake is one of the best consensus to date as transferring to this is more beneficial to eth.
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antsam
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February 17, 2020, 02:52:44 AM |
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all possibilities can be in the crypto world, but optimistic that only price movements will follow a positive price trend that almost all crypto prices will rise following the sentiment of Halving Bitcoin
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kayvie
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February 17, 2020, 04:43:13 AM |
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This is possible because of the current situation of the market, This sudden increase in price of ethereum finally come to the state where it needs correction. It cannot hold its price after it pumps and we all know that after a sudden increase, there is always a dump that will come. I won't be shocked if its price will fall $200 again or even lower than $200.
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terizla
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February 17, 2020, 05:03:35 AM |
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I think this will not happen if ETH going to under $200. And i think if touch in $210 - $225 maybe can.
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mahilchii
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February 17, 2020, 05:58:37 AM |
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To me itseems like the sad story is going to continue, well alts always follow BTC. They react according to the price flow of BTC, No predictions are guaranteed in crypto market and it's very true. Crypto market is very volatile with any doubt it's again and again proving us, ETH was one of the best performing coin this year and I hope it will bounce back harder again.
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Zurcermozz
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February 17, 2020, 06:00:01 AM |
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The market keeps on moving onward, also there are different coins who are trying to climb especially ethereum, It's hard to say that it will never go back because the market is starting to recover, but I think it will not drop again, only if there is another really bad scenario happened that can affect the rest of the coin.
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Question123
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February 17, 2020, 06:02:22 AM |
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For this now price is more than $200 and Im very happy and I hope it will not become under $200 because we know traders are once they see the price only decrease only a little they start panicking and you know what happens next? It will start a big dump we know the recovery of the coin is not easy and fast just like in ethereum even that coin is potential .
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