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Author Topic: Crypto prices are starting to strengthen again  (Read 7739 times)
bhooscream
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February 24, 2022, 11:39:21 PM
 #41

Why I cannot see the progress? What I am looking is now the market is still red at all. The price still keeps dropping.

Since 2020 market have been greenish and today the market is suffering for it this is just a normal process and I believe that bear market is just getting started, exit the market while you still can.
This is the cycle? or another reason that influence the crypto market bearish more quickly. Moreover, current situation may be related to the war between Russia and also Ukraine. So, this may not be getting better quickly again, need more times again to be strengthening again
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February 24, 2022, 11:50:51 PM
 #42

In my opinion the price increase that occurred at that time was not a sign that the bear market was over but only a temporary price increase that occurred because recently there had been a tremendous price decline. conditions in ukraine are heating up and these conditions have had a huge impact on the crypto market, in other words if conditions in ukraine don't subside soon it's likely that the crypto market will not recover in the near future.

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February 24, 2022, 11:51:48 PM
 #43

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.



Hopefully there will be more progress for all crypto prices.

This will happen in weak markets still.  You can't look at short turn gains or losses to see trends.  This is DEFINITELY  a down market and that was just a decent short turn run.  Most traders that are swing trading will take profits off the table and it will swing right back.  Look at the charts on a monthly basis, zoom out and you will see the real action of what's happening.

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February 25, 2022, 03:28:08 AM
 #44

You spoke too early don't you think? The price started to crash right after you wrote this. Bitcoin and other altcoins went as down as much as 7% in few hours. This is how much volatile the market is. Just a little gain doesn't mean the price are recovering or "regaining strength". The market is still bearish and can crash further. The same is true when the price starts to drop a little during a bull run. It doesn't mean the bearish market has started. What I am trying to say is that those little rises or drops signifies nothing when the market is very volatile.

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February 25, 2022, 10:28:07 AM
 #45

I did not need CMC to tell me that  Grin ,,, generally if BTC recovers, everything else in top 100 also moves up but seriously,,, are we getting excited about 8.2% increase for a low cap altcoin?

We still cannot breathe until Bitcoin recovers past 40k, this could all get worse if things in Russia/Ukraine escalate and I guess it is happening already.

Cryptocurrency continues to fall. But still, now many people believe in cryptocurrency. A lot depends on how useful is the project.
For example, cryptocurrency can be used for shipping industry like this https://twitter.com/CoinNexum/status/1492571253336588292

Seriously,,, show me ONE actual use case where some alt like that is used daily for an actual purpose,,, I lived through ICO era where 1000 coins were supposed to disrupt 100 sectors. I saw shipping logistics coins like that, I even poured a lot of time into a REIT coin,,, waste of time as nobody wants to switch from existing fiat systems to do stuff like that.

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February 25, 2022, 02:19:47 PM
 #46

It would be awesome to have the bull run again. It was predicted that we should expect the bearish trend and that has been the case for over a month now. A whole lot could be accomplished during the bull market and if we can have bitcoin move upwards, most other altcoin would follow along.
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February 25, 2022, 03:01:56 PM
 #47

     And yet after a while from your posting thime, the price dipped greatly. Just shows how much the market becomes more volatile in times of humanitarian crisis which isn't something new. But in all honesty, I expected bitcoin to go as low as reaching the 32k range though which is why I set up spot buys and a long position(with a tight stoploss) on it. I actually don't know if I should be happy or sad. But truth be told, other than those positions, I don't plan to do anything much yet before the 28th or march 1st since the current market isn't giving me much confidence and that scares me.

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February 25, 2022, 03:44:49 PM
 #48

I wonder if such threads are created after every rise in altcoins? It was especially epic that after a 10% rise, the coins dropped 16% after the events in Ukraine. I think the altcoin season is still a long way off, so don't try to call the bounce a reversal.

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February 25, 2022, 03:57:17 PM
 #49

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.



Hopefully there will be more progress for all crypto prices.
And then bitcoin and cryptocurrencies fall, and you will continue to do the opposite?  If I understand correctly you are clearly not understanding bitcoin, its market value and the implications related to its condition.  The market can go up or down, down or up… If feeling too worried about the price, I guess those who need to sell and get out of the market have already done before the Ukraine emergency news, but that's it.  is not a state in which bitcoin or crypto is ultimately affected.

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February 25, 2022, 05:03:12 PM
 #50


Cryptocurrency continues to fall. But still, now many people believe in cryptocurrency. A lot depends on how useful is the project.
For example, cryptocurrency can be used for shipping industry like this https://twitter.com/CoinNexum/status/1492571253336588292

The most important is to create demand in cryptocurrency and in platforms.
Only time will show how useful the platform is.
During the fall of the market only the best projects will be able to survive which is really necessary for people.
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February 25, 2022, 08:09:00 PM
 #51

I wonder if such threads are created after every rise in altcoins? It was especially epic that after a 10% rise, the coins dropped 16% after the events in Ukraine. I think the altcoin season is still a long way off, so don't try to call the bounce a reversal.

Just because there was a time when altcoins rush the market in tes of price doesn'tean it has to happen again.  Eventually these pump and dump markets will get smarter and these completely useless coins like meme coins won't ever have a time again to flourish.  Another alt rush if it happens won't be for another very long time.  Lots of profit taking because we bottom out again.

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February 25, 2022, 08:51:40 PM
 #52

At this time, if we look into the CMC price chart, we can just see that only Terra Luna had changed to green and moved upward while the rest are still in red lines. I'm not discouraged seeing them in red coz I know that this will sometimes occur even though we don't like it as this is normal due to the fact of its volatility feature.

We can't just lose our hopes easily, we can surpass this sentiment in a given time and that only happens if we have patience left inside us.

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February 25, 2022, 09:02:49 PM
 #53

At this time, if we look into the CMC price chart, we can just see that only Terra Luna had changed to green and moved upward while the rest are still in red lines. I'm not discouraged seeing them in red coz I know that this will sometimes occur even though we don't like it as this is normal due to the fact of its volatility feature.

We can't just lose our hopes easily, we can surpass this sentiment in a given time and that only happens if we have patience left inside us.
Crypto follows normal markets and what happens in the world but also it recovers faster than any market. I think we will see real use of crypto coming with all stuff happening around.
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February 25, 2022, 10:50:49 PM
 #54

Coinmarketcap reports that today the 10 largest market cap crypto assets have started moving back into the green in the last 24 hours.
And this morning the most shining altcoin was Terra (LUNA) which passed 8.2% at $55.3 dollars.
Then Solana (SOL) also rose to the level of 87.32 US dollars or rose 3.5%, and Binance Exchange (BNB) which rose 3.4% to $373.4.
Likewise, the price of bitcoin is now in the position of $38,184, up 2.4% compared to the previous day.
And there are several other altcoins such as Cardano (ADA), ETH, DOT, and Dogecoin which rose 1.06% to $0.13 dollars.



Hopefully there will be more progress for all crypto prices.


It's seems like increasing for the while,but it's not a real one mate.The small pump will recover the loss of 10k$ in the price of bitcoin.I had lost over 1980$ in binance future trading because of the sudden market fall.Apart from the crash,the traders only make some down in price,they may recover their loss in a short period.Many of the trusted coin had the less price now.This is best time to inverse your money,when the price increase to high or normal to old.All the traders will get good profit.



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February 25, 2022, 10:57:56 PM
 #55

That shouldn't come as a surprise to you. It's well known that the Crypto market is very volatile, and many coins a prone to fluctuating, although their might be same of different reasons to why this is so.
Although I am not a holder of any Alt-Coins I am very intrigued by it especially those that rose from know where to where they are today, just showed the unpredictable characters of Crypto-currency. But before choosing an Alt-Coins always do your research.

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February 25, 2022, 11:00:10 PM
 #56

Even aftermath of Russia invasion to Ukraine, Bitcoin indeed keep strengthening back as Bitcoin are being used for collecting donation support. Well.. Let's see how it goes.

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February 25, 2022, 11:19:31 PM
 #57

No doubt if whole market were turning to the green candle again. bitcoin is the main reason why the bulltrend is happening right now. I see that major crypto are also following bitcoin at this time. The increase happened once bitcoin end its bearish trend and we will be going to the moon again soon. It seems bitcoin is very strong right now as it's increasing drastically from 35k to the almost 40k in a short time. The market is also getting triggered by bitcoin. i hope that this will be last until next year and we will see another ATH again soon. Everybody knows that this is a common recovery.
We will always be seeing the fact crypto market to increase when bitcoin increase. This is how crypto work since a few years ago.



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February 25, 2022, 11:41:49 PM
 #58

At this time, if we look into the CMC price chart, we can just see that only Terra Luna had changed to green and moved upward while the rest are still in red lines. I'm not discouraged seeing them in red coz I know that this will sometimes occur even though we don't like it as this is normal due to the fact of its volatility feature.

We can't just lose our hopes easily, we can surpass this sentiment in a given time and that only happens if we have patience left inside us.
Yes when compared to large altcoins that are in the top 20 CMC rankings LUNA has the highest percentage increase in price, which is around 13%.
up or downs in the crypto market are normal but the recent price declines are caused by news from ukraine because the crypto market is very sensitive to this kind of news, on the other hand the problems in ukraine not only have an impact on the crypto market but also have an impact on stock prices and the economy long term world.

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February 26, 2022, 12:20:33 AM
 #59

At this time, if we look into the CMC price chart, we can just see that only Terra Luna had changed to green and moved upward while the rest are still in red lines. I'm not discouraged seeing them in red coz I know that this will sometimes occur even though we don't like it as this is normal due to the fact of its volatility feature.

We can't just lose our hopes easily, we can surpass this sentiment in a given time and that only happens if we have patience left inside us.
Now all of the coins are in green in 24h data leaving only a few coins which will also appear as green within a few hours. I was very worried two days ago when I saw the market dropping with the stock exchange but now I am very happy that it recovered faster than the remaining markets.

I agree that we may be in for a bull run soon, but I would be very cautious about backing it up with any real money. There's a lot of talk out there about altcoins being oversold and due for a bounce, but we've heard that before and it hasn't panned out yet.It is not necessary to sell at loss if you are holding a good coin. Always wait for the coin to be green in 24h data before selling or buying it.
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February 26, 2022, 07:04:09 AM
 #60

Today the market went up again and bitcoin almost reached $40k, I hope there is no further decline like what happened a few days ago, this makes me more optimistic that the market will recover soon so I will continue to buy. another thing is that the transaction volume is increasing and this shows that the public interest is very high in cryptocurrencies.


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