nnedigood (OP)
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July 29, 2020, 03:29:44 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
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The grue lurks in the darkest places of the earth. Its favorite diet is adventurers, but its insatiable appetite is tempered by its fear of light. No grue has ever been seen by the light of day, and few have survived its fearsome jaws to tell the tale.
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akram143
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July 29, 2020, 03:32:27 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Ethereum 2.0 could be a reason for the bullish trend but not only in ethereum the whole crypto market is bullish in the past week so the long wait has come to an end since 2017... |
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Iyeman
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July 29, 2020, 03:36:52 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
This is the main reason why ethereum has been starting to surge from the bottom and it may go even higher than the current rate and FYI you can check out through use this link https://medalla.launchpad.ethereum.org/ |
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nicecrypto
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July 29, 2020, 03:38:58 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Ethereum 2.0 could be a reason for the bullish trend but not only in ethereum the whole crypto market is bullish in the past week so the long wait has come to an end since 2017... Has it really come ro an end or this is just a trap! Btc had the must price run, before eth was the lead but suddenly btc also join the race, although there are talk about the eth 2.0 but am not sure if this is reason for this nice little pump, however, it is good to see the market this green after several months of been on bear market. |
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harapan
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July 29, 2020, 03:53:39 PM |
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the main reason ethereum is experiencing pump of course is because the price of bitcoin is also a pump and the second reason might be because there is news if next month there is testnet v2.0
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bittraffic
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July 29, 2020, 04:08:55 PM |
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Yes ETH us bullying other platforms  The reason could be the ETH 2.0 that its currently on testnet and rumors says its going to be on the mainnet by two weeks from now. Its really just not sure yet what could happen next but I'm thinking this is too big to waste but why is the price didn't continue to spike. Could it be because some of the investors are waiting for its deployment first and see whether there will be bugs after it that can crash the price? Probably. |
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Tipstar
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July 29, 2020, 04:13:19 PM |
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People are too much excited about ETH 2.0 for sure. It could be a good strategy to accumulate ETH at cheaper price and sell them before the new network is live as you can't be sure about the what direction the price would go after the launch. But again many people are already disappointed by no significant rise in price of bitcoin after the halving.
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tsaroz
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July 29, 2020, 04:15:29 PM |
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People are too much excited about ETH 2.0 for sure. It could be a good strategy to accumulate ETH at cheaper price and sell them before the new network is live as you can't be sure about the what direction the price would go after the launch. But again many people are already disappointed by no significant rise in price of bitcoin after the halving.
Even on previous bitcoin halving, the price of bitcoin started going steep high after about 6 months and not only did the bitcoin's price rose, it also lifted the price of almost every alts. This time, that trend seems to be repeating, bitcoin is increasing so are most crypto. No one can guarantee a another all time high but we are certainly moving towards larger number. |
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so98nn
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July 29, 2020, 04:28:31 PM |
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This discussion never gets old. Every year people are hunting the bullish trends for ETH and other alts. You know what, my idea is to keep the investment coming into these coins from part of my salary (real job) and save this potion for the bullish market. Pump the profits, re-invest the profit and repeat. I guess each fighting for bull and bear trends is fun and in the process can give us lot of profit. People are too much excited about ETH 2.0 for sure. It could be a good strategy to accumulate ETH at cheaper price and sell them before the new network is live as you can't be sure about the what direction the price would go after the launch. But again many people are already disappointed by no significant rise in price of bitcoin after the halving.
Yes, this is the exact reason for the bullish trend of ETH. This is similar case as with the bitcoin halving, thought it has shown positive vibes in ETH probably because ETH costs you tiny as compared to the BTC and thats why everyone is spending more money on it. Surely it is the choice of the year! |
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so98nn
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July 29, 2020, 05:20:09 PM |
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So they are linking the whole scenario to DeFi and how the billion dollar funds have been locked up with them The following statement is quoted from the same article and it actual depicts the right situation here: “One can imagine a situation where an outside protocol creates incentives that — without any action of its own — can drive dangerous behavior in another protocol and ultimately result in cascading liquidations and user losses.” Projects based on the DeFi protocol are making it alternate source of funding. Perhaps the increase in fees is due to the fact ETH 2.0 launch and output of increased ETH network congestion. Article does portray it properly as result of indirect impact of DeFi. IDK, crypto is all about multi-dimension relations and things can turn upside down here at any given movement. |
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pilosopotasyo
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July 29, 2020, 05:35:56 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
We are in a bull run so it's likely that Ethereum will likely go up, there was news that Ethereum whales are moving to pump Ethereum so the news is true that Ethereum is gearing for a big pump, and the new Ethereum version is not yet release, when it is release Ethereum will pump even more. |
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Zeehaxan
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July 29, 2020, 06:07:49 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
There is no reason other than the fact that fundamentally and technically ethereum was undervalued and it seems like the trend has completely changed now and bulls will take control in coming months, I would love to see Eth regaining previous high levels towards the end of the year. |
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WannaCry
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July 29, 2020, 06:11:03 PM |
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the whole market is on bullish not only ethereum.. some alts are on red flag as bitcoin and ethereum continue to the bullish trend.. hoping that this bullish market will continue and not a trap only
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Squezzi55
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July 29, 2020, 06:19:06 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Don't tell me you haven't heard about DeFi projects success, the reason why crypto and ethereum is this bullish is DeFi i believe, huge millions of dollars entered crypto into DeFi projects days ago |
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disconnectme
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July 29, 2020, 06:42:14 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
I think what pushed Ether price up is the news of the upcoming Ethereum 2.0 testnet couple with the recent BTC pump which made some DEFI tokens to be swapping their tokens for Ethereum. DEFI is bullish for Ethereum long term unlike the the ICO the pumped and dumped the price when developers start dumping their tokens on the market |
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big kid
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July 29, 2020, 06:45:28 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Ethereum 2.0 could be a reason for the bullish trend but not only in ethereum the whole crypto market is bullish in the past week so the long wait has come to an end since 2017... I bet it is tied up with ethereum 2.0, but I guess it was kinda on the periphery - by that I mean news about eth 2.0 created good chemistry on the market for eth to go with the bulls. The catalyst was defi adoption by many companies/countries simultaneously. I hope PoS for Eth will come out soon enough before bulls leave the market |
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Docbee
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July 29, 2020, 06:51:52 PM |
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I noticed that Ether is bulish for the past few days. Ether highest price till date was January /Februaury 2018 when it hit ATH of $1400. Today the price of Ether is above $300 ATH since the begining of the year. Who knows the reason behind this bull taking over Ether market?
Ethereum 2.0 could be a reason for the bullish trend but not only in ethereum the whole crypto market is bullish in the past week so the long wait has come to an end since 2017... Yeah the advent of ethereum 2.0 could possibly be one of the reasons why we have some improvement in the price of ETH. It's a very good news for the holders/traders of ETH, most especially those that got ETH at <$100 then. Who knows, if this a sign of upcoming bull run. |
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casperBGD
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July 29, 2020, 06:58:00 PM |
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the main reason ethereum is experiencing pump of course is because the price of bitcoin is also a pump and the second reason might be because there is news if next month there is testnet v2.0
maybe you have right, but ETH run uprise started before BTC, and it could be seen as initial capsule for BTC uprise above long-term resistance of $10,5k, and now both coins are looking is there enough push to go further up, or we will see correction after all ETH rise brought DeFi tokens slowdown, which is a good thing and shows that DeFi market is a bit overheated at the moment |
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iamaruf
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July 29, 2020, 07:26:22 PM |
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Yes Ether is bulling. Maybe the reason ETH 2.0 but also btc is moving right now.As you see when btc price goes up,maximum altcoins also rise. Last 7 days, according to this price BTC rise 19.2% & ETH 31.2%. Which is good move for ETH. But I think think ETH huge move only for bitcoin prices Rising .
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