ETH still going higher as our anticipatiion

[dragonvslinux]

Ethereum is still looking great now breaking out above ₿0.03   Personally I'm expecting a re-test of the 0.786 retracement around ₿0.035 at minimum, as well as generally higher highs.

Price got to 0.0337, not quite 0.035, but much quicker than expected. Zooming into smaller time-frames, we're finding support, but I still think we can correct a bit further...



There's MA support building up nicely on the Daily time-frame as well, whether price will return there is yet to be seen. I think it's likely traders front-run this support at the 0.5 fib retracement, rather than wait for the 0.382 where support lines up nicely. This will largely depend on whether BTC breaks $20K or not imo.



Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag, bouncing from support.

[Innocant]

I believe Ethereum will still be higher,
because a lot of Hype that happened for Ethereum, Ethereum 2.0 and Defi will make Fomo,
don't worry this will be good for Ethereum, sell some and some hold.
Moreover, if the domination decreases, Ethereum will become a place for BTC investors.

thats right a lot of great things coming to ethereum
as we can see now ethereum price already surpass the $500 level and i believe the price will double before this year end

It will be double if the prices is still continue just like now the price of etherium are in $600 maybe that would be continue until the end of these year. But we need to wait cause there so many news happen in etheium that would never expected to see juts like the other said about the update of etherium that can be increase a price a lot more but a transaction fee also will be increase a little bit.

[vella85]

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been. I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

[tabas]

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been.

Yes. It seems that we're back in that time. Nostalgic!

I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

There's no hype but FOMO when everyone saw what's happening for bitcoin and it's also affecting Ethereum. But this push for Ethereum is making its own move through the 2.0 transition. $1k is very possible as long as it will maintain itself first on $600-$700.

[carlisle1]

I believe Ethereum will still be higher,
because a lot of Hype that happened for Ethereum, Ethereum 2.0 and Defi will make Fomo,
don't worry this will be good for Ethereum, sell some and some hold.
Moreover, if the domination decreases, Ethereum will become a place for BTC investors.

thats right a lot of great things coming to ethereum
as we can see now ethereum price already surpass the $500 level and i believe the price will double before this year end

Day after day ETH is gaining more and more investors so this is for sure the preparation of the incoming just 1 week from now,and that is the 2.0 version finally released.

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been. I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

Actually Bitcoin increased earlier this year comparing to 2017  because last Bullrun Before Bitcoin Reached 20,000$ the Market capitalization Total is more than 800 billion,But now look we are not even close to 600 billion but Bitcoin is heading to make the breaking of the last ATH.

[Helpme_please]

This is starting to look like the end of 2017 all over again with what's going on right now. Ethereum is once again leading the way for Alts and could hit $1k by the end of the year if the momentum keeps going like it has been. I'm not one for hype but we can't ignore what is going on right now so even though I think $1k is hyped it still is possible with the way the market has been going this month.

it could achieved this year if momentum still kept. ethereum have strong fundamental and demand to support its movement if compared than other platform. hype will always coming and it used to attract new investors coming to any project or coin and it always happen . but for ethereum its different , investors look it as a gem not again as pump and dump coin. 

[dragonvslinux]

There's MA support building up nicely on the Daily time-frame as well, whether price will return there is yet to be seen.



Either way, the confluence of support on the 4hr and Daily is promising in the near term. Long-term, we are still in a massive bull-flag, bouncing from support.

This is exactly the level I was looking for, have averaged in a bit more. Still got buys at lower levels, but price appears to be stabilizing:



Still got bids at lower levels, the 0.236 fib retracement as well as the obvious 50 Week MA support, but price could certainly find support at current levels.

   

(I don't normally post trades in this way, but showing that I'm putting my money where my mouth is, as I'm also very confident about these positions)

[vella85]

The good thing is that Ethereum is holding strong at $500 so we could see support at this price range which will be good heading into the next leg up. This could also have a huge affect on Alts as ETH is the main driver for Altscoins. I picked up a little more Ethereum with this dip.

[SlimShadyMmp]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

[dragonvslinux]

This is exactly the level I was looking for, have averaged in a bit more. Still got buys at lower levels, but price appears to be stabilizing:

On the Daily chart, ETH is looking great against BTC at the moment. Finding support for the 4th day now from the 50 Day MA as well as the 0.5 fib retracement after bouncing from the 200 Day MA and VPVR point of control (POC):



Similarly on the 4hr, bouncing from the 200 MA and grinding up along the 50 MA at the moment, trying to above the local POC. The confluence between these two time frames is beautiful:



Textbook bullish imo.

[tabas]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH  or any other altcoin that they hold if they are not confidently seeing a plunge.
That's the usual reaction of a holder that isn't used to this situation.

[DU18]

The good thing is that Ethereum is holding strong at $500 so we could see support at this price range which will be good heading into the next leg up. This could also have a huge affect on Alts as ETH is the main driver for Altscoins. I picked up a little more Ethereum with this dip.

In the last few days the price of ETH crypto assets has turned green in the market again and in the last 24 hours ETH has strengthened by around 7.0% with its unit price equivalent to $539.24 of course this is a sign that eth price resistance is likely to be passed in the next few days, especially Currently, many large companies have started staking ETH into Ethereum 2.0 deposit contracts, of course the impact of Ethereum 2.0 will greatly affect the boost in ETH prices that will occur in the market, as one of the biggest altcoins, of course ETH will not experience a price collapse for a long time

[Kavelj22]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH  or any other altcoin that they hold if they are not confidently seeing a plunge.

I don't expect Eth holders to dump their Eth sooner. Mainly because of two reasons:
1) Eth proves stability by the resistence against btc drop during the last few days. It would keep reaching more ATH but don't expect it to reach the 1400$ like back in 2017.
2) People staking Eth are surely waiting for the release of Eth 2.0. Someone above confirmed that people start staking their Eth in Eth 2.0 deposit contract.

[posi]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH  or any other altcoin that they hold if they are not confidently seeing a plunge.
That's the usual reaction of a holder that isn't used to this situation.

The market is gradually recovering from the dump state but the uptrend is still not certain cause the market is still going sideways as SlimShadyMmp said and in a situation like this even holders/traders that use to this situation can sell in other to stop loss and be prepared for whatever may occur. However, by looking at the ETH the current momentum seems to correlate with July/August market.

[tabas]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH  or any other altcoin that they hold if they are not confidently seeing a plunge.
That's the usual reaction of a holder that isn't used to this situation.

The market is gradually recovering from the dump state but the uptrend is still not certain to cause still going sideways as SlimShadyMmp and in a situation like this even holders/traders that use to this situation can sell in other to stop loss and be prepared for whatever may occur. However, by looking at the ETH the current momentum seems to correlate with July/August market.

That made me look at that month as you've said. But as we're approaching on December. An uptrend is expected to come and most ETH holders are aware of that event that's coming soon.

[coinporch]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH  or any other altcoin that they hold if they are not confidently seeing a plunge.

I don't expect Eth holders to dump their Eth sooner. Mainly because of two reasons:
1) Eth proves stability by the resistence against btc drop during the last few days. It would keep reaching more ATH but don't expect it to reach the 1400$ like back in 2017.
2) People staking Eth are surely waiting for the release of Eth 2.0. Someone above confirmed that people start staking their Eth in Eth 2.0 deposit contract.

for now its better to hold our ethereum in personal wallet, because ethereum price could grow higher even surpass its ATH soon or later, maybe next year

[thichtieuthuong]

Except for Bitcoin. The altcoins that interest me the most is that ETH.ETH is rising again and its potential is huge. I feel that ETH is too popular in the crypto market. By 2021 ETH will probably rise again and reach over $1,300 as Bitcoin establishes new prices.

[posi]

I really hope this comes back quick is been a crazy day and many people panic sale so not to lose money But by doing that people just plunge prices left and right I really hope this doesnt continue because right now people are just carefully watching the market

It didn't continue. The price has recovered and just as what you're wishing for, it didn't have a continuous plummet. You expect a lot of people to dump their ETH  or any other altcoin that they hold if they are not confidently seeing a plunge.
That's the usual reaction of a holder that isn't used to this situation.

The market is gradually recovering from the dump state but the uptrend is still not certain to cause still going sideways as SlimShadyMmp and in a situation like this even holders/traders that use to this situation can sell in other to stop loss and be prepared for whatever may occur. However, by looking at the ETH the current momentum seems to correlate with July/August market.

That made me look at that month as you've said. But as we're approaching on December. An uptrend is expected to come and most ETH holders are aware of that event that's coming soon.

Yes, uptrend is expected in every December market but that doesnt mean some slightly correction wont happen towards the holidays and I expected ETH to experience ridiculous demand from now on cause exchange like Kucoin have already launch the embrace ETH 2.0 coin margined contract with the share of 50,000 USDT prize and expect more exchange site to perform the samething.

[jeniferqueen0409]

I have never had any doubts about ETH, even though at some point it was very low. ETH is above $603 at the moment which is very glad for the market crypto and I believe it will continue to rise. I consider the price of ETH to be 1300 $ as 2017.

[tabas]

Yes, uptrend is expected in every December market but that doesnt mean some slightly correction wont happen towards the holidays and I expected ETH to experience ridiculous demand from now on cause exchange like Kucoin have already launch the embrace ETH 2.0 coin margined contract with the share of 50,000 USDT prize and expect more exchange site to perform the samething.

I agree that there will be corrections on its way but that could be just some slips and not that much. Thanks to these exchanges that are also participating in the upcoming launch of 2.0.
They sure contribute to the demand of Ethereum and just as bitcoin is soaring, ETH's flying too.