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Author Topic: Crypto prices are starting to strengthen again  (Read 7739 times)
TribalBob
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February 23, 2022, 02:41:11 PM
 #21


Hopefully there will be more progress for all crypto prices.

hopefully so ,
always optimistic to see and hope the market is good again,
and hopefully there will be no more FUD news about the next cryptocurrency, which will affect the price increase process for sure

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February 23, 2022, 02:49:49 PM
 #22

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.

I would consider the market of last couple of months sideways. As, it hasn't moved much. This signifies two things for me. One, the resistance is strong, there are a lot of people who are not willing to sell their coins below 35k and second, a lot of people are buying the dip in anticipation of a bull run. The bull run is imminent, but how soon is hard to answer.



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February 23, 2022, 02:51:24 PM
 #23

I don't get it, there doesn't seem to be any good news these days, but the market is recovering quickly, I'm holding SLP and it's up to 20% more than my previous minus. no exciting news, but market conditions are very unique. Is this a sign the bull market is coming soon?
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February 24, 2022, 04:08:44 AM
 #24

The Russian war between Ukraine is over and there is new news that Ukraine has accepted crypto openly and this indicates the progress process for bitcoin that there are other countries that are willing to accept bitcoin even though it is not for legal payments.
The conflict isnt over yet and hopefully will not start any war. The war may not be the reason of the crypto bear market but somehow many users in Russia or other investors are thinking of the possibility of war that leads them to withdraw their crypt holdings, that affects the market. There is a need for a much better news that will influnce themaret to fully recover not just the legalizing of bitcoin in Russia, but hopefully a news of peace between two countries.
the impact of the news is not only on the crypto market. but throughout the rest of the industry. especially for those who run the export-import business. feel the impact of the news of the Russian conflict.
Overall the crypto market is not going to recover in a short time. but I see it as a gradual decline that will happen. the process probably won't make people too aware. because of every dump, we always see market improvement happening. but will always be followed by a weak market.
for those who want to enter the market in the long term, it seems to have to choose the right time. Don't be in a hurry to see graphic improvements in a short time.


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February 24, 2022, 04:09:01 AM
 #25

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.

Well the prices has been dumping for the last couple of days and it's just about time that we are seeing some good greens in the last 24 hours.

But, I wouldn't be confident though, still we are in a precarious situation because there are a lot of things that is going around the world that affects the market. So we might see some drops again if the war between Russia and Ukraine continues.

The Russian war between Ukraine is over and there is new news that Ukraine has accepted crypto openly and this indicates the progress process for bitcoin that there are other countries that are willing to accept bitcoin even though it is not for legal payments.
That's maybe one of the positive reasons.  But as per my observation this moment, bitcoin has even dropped more from $38k down to $34k and with the rest of altcoins too so i don't see any good news today as far as i'm concern. Maybe what we had in the previous days was just a bull trap and reality is, we are actually heading into another bear season. And we can only tell if the bear season is already happening if crypto prices have dropped at least 20% from their previous prices. So let's just wait and see.

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February 24, 2022, 04:15:30 AM
 #26

The Russian war between Ukraine is over and there is new news that Ukraine has accepted crypto openly and this indicates the progress process for bitcoin that there are other countries that are willing to accept bitcoin even though it is not for legal payments.
The conflict isnt over yet and hopefully will not start any war. The war may not be the reason of the crypto bear market but somehow many users in Russia or other investors are thinking of the possibility of war that leads them to withdraw their crypt holdings, that affects the market. There is a need for a much better news that will influnce themaret to fully recover not just the legalizing of bitcoin in Russia, but hopefully a news of peace between two countries.

But again, in the last 8 hours, their is a massive price drop to $35,000 so the scare of the conflict is still with us despite that there are governments like US trying to avert it at all cost because this is going to be ugly not just for both sides of Ukraine and Russia, but for the whole world as everyone will be affected including the crypto market. So we really need to observe this news and it's effect on us, whether we cash out or hold still.

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February 24, 2022, 07:02:35 AM
 #27

But on this day the decline again happens is something we do not want of course, but with the current situation we should never panic in the face of the problem of coin prices that are all not well, so just wait when the market returns to normal then there we can re-invest as usual, but at this time it is also good for us to hold some altcoins but the risk is very large if you are ready then the potential coins we can hold to get profit later.

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February 24, 2022, 07:55:33 AM
 #28

It looks like we still have to be patient a little longer because the market is not moving in the way we want. The market finally couldn't stop the price from falling any further because the price was touching the $34k point, which made a lot of people panic. But at least there are still people who managed to take advantage of the current situation to go short and make a lot of profit from bitcoin. We should not worry and still hold on tight because we get a good time to buy back bitcoin at this current price.

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February 24, 2022, 05:56:52 PM
 #29

The Russian war between Ukraine is over and there is new news that Ukraine has accepted crypto openly and this indicates the progress process for bitcoin that there are other countries that are willing to accept bitcoin even though it is not for legal payments.
The conflict isnt over yet and hopefully will not start any war. The war may not be the reason of the crypto bear market but somehow many users in Russia or other investors are thinking of the possibility of war that leads them to withdraw their crypt holdings, that affects the market. There is a need for a much better news that will influnce themaret to fully recover not just the legalizing of bitcoin in Russia, but hopefully a news of peace between two countries.

But again, in the last 8 hours, their is a massive price drop to $35,000 so the scare of the conflict is still with us despite that there are governments like US trying to avert it at all cost because this is going to be ugly not just for both sides of Ukraine and Russia, but for the whole world as everyone will be affected including the crypto market. So we really need to observe this news and it's effect on us, whether we cash out or hold still.

The price fluctuations are normal on such uncertain conditions. Though a humanitarian crisis, this war would overall boost the adoption and use of crypto currency. Russia and its allies including Ukraine would face severe financial restrictions from the west and the best alternative would be crypto to trade around the world. The Russia and allies might introduce their own world bank and issue their own money but it they would need to do trade with countries that still do follow the US world bank. Crypto would bridge the gap here like it's doing for Venezuela and Iran.



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February 24, 2022, 06:21:24 PM
 #30

Coin prices are slowly getting better. Terra Luna is the most prominent movement. But the crypto movement is not stable in my opinion. The most important thing is that Bitcoin should really bounce back and hopefully the third month of the year, we'll see if Bitcoin can grow to reach $45k. Because it's been a long time since the price of coins in the market has fallen. Let's see. Hopefully some time in the future hope that can happen.

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February 24, 2022, 06:37:37 PM
 #31

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
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February 24, 2022, 06:49:27 PM
 #32

The market has really been bloody in the last few weeks with a lot of coin on a free fall. The green is seriously needed right now. Tired of seeing red everywhere I go. I hope the market recovers soon enough.
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.

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February 24, 2022, 07:50:17 PM
 #33

The Russian war between Ukraine is over and there is new news that Ukraine has accepted crypto openly and this indicates the progress process for bitcoin that there are other countries that are willing to accept bitcoin even though it is not for legal payments.
The conflict isnt over yet and hopefully will not start any war. The war may not be the reason of the crypto bear market but somehow many users in Russia or other investors are thinking of the possibility of war that leads them to withdraw their crypt holdings, that affects the market. There is a need for a much better news that will influnce themaret to fully recover not just the legalizing of bitcoin in Russia, but hopefully a news of peace between two countries.

Cryptocurrencies were already likely to fall, and the war had some effect in this case. But without war, prices would have been affected by something else and would have fallen again. We may be at real bottom prices right now, if so we may see green days again when the news of peace comes. Prices are not affected by a single thing, but many things have a combined effect Smiley
But the latest news was definitely on Russia and Ukraine war so i guess bitcoin has been really affected with it that it fall down its price again all of a sudden. And the whole crypto market starts to be bloody again. But for strong hands, this is another opportunity to invest again while crypto prices are cheap. For weak hands, they may start to panic and sell off their coins because they can't bare seeing bitcoin and altcoins totally down gain, if they keep that mindset, they will never make profits for sure.

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February 24, 2022, 08:13:24 PM
 #34

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.
I too believe that the market is trying to make a comeback cos right now, I am seeing a huge green candle but obviously, there is a resistance point to cross right at the $39600 which is very clear viewing the daily chart. Regardless of what happens from what is going on around the world now, Bitcoin will still find its way back up when the conditions are right.
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February 24, 2022, 08:40:45 PM
 #35

The market cannot be predicted we can't for sure determine why the price is moving a little bit up and speedy while bearish. During the Covid time the price was not that affected and it was word wide pandemic and bitcoin did not only survive but it reached ATH. So the market price climbing again doesn't mean it won't fall again or continue rising because of the recent actions happening between Russia and Ukraine. Traders and investors should be observant of the price movement to determine when to sell or not.

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February 24, 2022, 09:03:15 PM
 #36

The market cannot be predicted we can't for sure determine why the price is moving a little bit up and speedy while bearish. During the Covid time the price was not that affected and it was word wide pandemic and bitcoin did not only survive but it reached ATH. So the market price climbing again doesn't mean it won't fall again or continue rising because of the recent actions happening between Russia and Ukraine. Traders and investors should be observant of the price movement to determine when to sell or not.
Stay active because the worst is yet to come, though its good to see the price of Bitcoin up again but I think its too early to celebrate because the real war can still happen. Let’s all hope for the world peace as many countries still fighting and suffering from the pandemic, they can’t afford to have an economic shut down again because of this war. World leaders should prevent that from happening at all cost.
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February 24, 2022, 09:19:37 PM
 #37

The market cannot be predicted we can't for sure determine why the price is moving a little bit up and speedy while bearish. During the Covid time the price was not that affected and it was word wide pandemic and bitcoin did not only survive but it reached ATH. So the market price climbing again doesn't mean it won't fall again or continue rising because of the recent actions happening between Russia and Ukraine. Traders and investors should be observant of the price movement to determine when to sell or not.
Stay active because the worst is yet to come, though its good to see the price of Bitcoin up again but I think its too early to celebrate because the real war can still happen. Let’s all hope for the world peace as many countries still fighting and suffering from the pandemic, they can’t afford to have an economic shut down again because of this war. World leaders should prevent that from happening at all cost.
Maybe we should set aside some selfish wants but hope for this current war to stop as it could also affect its neighboring countries. I find it hard for Russia to stop this as they have already started to attack Ukraine but if their President will think of the consequences that this war could bring, and in fact that they may be sanctioned later on, he should urge his men to put an end to all of these. And not just only crypto market is affected but i guess all stocks market have been suffering because of this.
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February 24, 2022, 11:29:08 PM
 #38

It's still hard to predict the current crypto market. The market is still very unstable, the bearish and many more corrections are still here. We can see how most of the coins are still blood bathing right now.
Even some coins may be increasing, but will it give a big infleunce to others? maybe no, moreover if the price of Bitcoin itself is still dropped. Most altcoins will always follow the market condition of Bitcoin.

Hopefully there will be more progress for all crypto prices.
This is what exactly most of us here expecting, better market conditions even the war conflict is still around and influencing. Bad enough to see how the current market is dropped every easily and drastically.

R


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February 24, 2022, 11:30:47 PM
 #39

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.
I too believe that the market is trying to make a comeback cos right now, I am seeing a huge green candle but obviously, there is a resistance point to cross right at the $39600 which is very clear viewing the daily chart. Regardless of what happens from what is going on around the world now, Bitcoin will still find its way back up when the conditions are right.
That's one thing we can assure from bitcoin, it will never stay in dip, but always find ways on how it can recover and start another bull again. Just like bitcoin, bear season has its own time to end and let a bull market start again. But with the present war of Russia and Ukraine that has bring more tension to crypto and stocks market, bitcoin may start to recover but definitely it will fall back again as the war continues. And altcoins too will only be dependent on the price of bitcoin.

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February 24, 2022, 11:37:01 PM
 #40

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.
I too believe that the market is trying to make a comeback cos right now, I am seeing a huge green candle but obviously, there is a resistance point to cross right at the $39600 which is very clear viewing the daily chart. Regardless of what happens from what is going on around the world now, Bitcoin will still find its way back up when the conditions are right.
That's one thing we can assure from bitcoin, it will never stay in dip, but always find ways on how it can recover and start another bull again. Just like bitcoin, bear season has its own time to end and let a bull market start again. But with the present war of Russia and Ukraine that has bring more tension to crypto and stocks market, bitcoin may start to recover but definitely it will fall back again as the war continues. And altcoins too will only be dependent on the price of bitcoin.

Bitcoin proves more than this and always goes at the top once something bad in the world in terms of economical changes. And we cannot always see it goes for it forever and never recovers since bitcoin always rise up after the storm came. This is what whales like and they are earning with it so the lesson we can get always on this events came is we shouldn't let our fear interfere us and adopt the sudden changes of the market then act if there's opportunity.

R


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