tokeweed (OP)
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July 05, 2022, 04:41:47 PM Last edit: August 08, 2022, 12:31:16 PM by tokeweed |
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Same deal with the BTC sentiment thread for July at the other speculation section. Check out the chart below. Next support could be the 800 - 835 range. It seems to be respected last time as ETH bounced back up as soon as it approached it. What do you guys think? Will it be respected again next time or is ETH going below it? Removed 'no idea' as an option. Yes or no votes only... And there are no right or wrong answers here. Just reply with your thought process and... Let's make it fun!
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hugeblack
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July 05, 2022, 05:35:49 PM |
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Same deal with the BTC sentiment thread for July at the other speculation section. Check out the chart below. Next support could be the 800 - 835 range. It seems to be respected last time as ETH bounced back up as soon as it approached it. What do you guys think? Will it be respected again next time or is ETH going below it?
What level of support are you talking about? The price of Ethereum today is about 1,102.41, so I think you are talking about a range from about $800 to $1,600, not the range you mentioned. Unfortunately, Ethereum has lost a lot of momentum and the price is related to the Bitcoin movement, which may not look its best, so I don't think we will witness a fundamental rise on BTC/ETH or BTC/USDT pair during this month.
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ven7net
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July 05, 2022, 05:56:39 PM |
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Same deal with the BTC sentiment thread for July at the other speculation section. Check out the chart below. Next support could be the 800 - 835 range. It seems to be respected last time as ETH bounced back up as soon as it approached it. What do you guys think? Will it be respected again next time or is ETH going below it? Removed 'no idea' as an option. Yes or no votes only... And there are no right or wrong answers here. Just reply with your thought process and... Let's make it fun! I am not particularly selenium in charts and support lines, but I believe that the situation in the cryptocurrency market will continue to deteriorate due to the bad situation in the world. As you can see, a crisis is beginning in the world in many areas, which means that one way or another the crypto market will react to this, or rather, it is already reacting and will continue to do so. So if the situation in the world and in traditional markets continues to deteriorate, then the prices of cryptocurrencies will go down, including on Ethereum. From this we can assume that the price of ETH can reach $800 for 1 ETH and possibly even lower. It is also worth adding here that now the crypto market has entered the beginning of a new cycle and, as history shows, at the beginning of each cycle, prices for cryptocurrencies have always gone down. So my answer is that the price of ETH will go down to at least the levels indicated above.
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el kaka22
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July 07, 2022, 06:25:16 PM |
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I highly doubt that it would break down that much. Sure the price doesn't look amazing right now, but I feel like we are doing fine, it is not going down any further. Just because we had a few bad months doesn't mean that we will continue to have those bad months. Hope that it will do better and you are going to be doing just fine.
I believe that we will stay in the 1k+ range and that's about it. Sure, that's not an amazing price, we were hoping to be 5k+ and stay there and now we are talking about 1k. But, just because we dropped doesn't mean that 800 bucks or lower seems a possibility, we had the drop and now hopefully it's over and now I hope that we will stay here or go up.
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tokeweed (OP)
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July 07, 2022, 07:08:03 PM |
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^ Do you want to make a small side bet out of it? Just 10 bucks for fun. I say ETH goes down below 1k USD and touches 800 - 850 range within the year. The bounce we're seeing now really feels like it's just that... A normal bear market bounce before it all starts trending back down again. Dunno... But I'm pretty sure you know what I'm talking about as you have been watching the market for as long as I am.
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wheelz1200
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July 07, 2022, 10:50:54 PM |
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^ Do you want to make a small side bet out of it? Just 10 bucks for fun. I say ETH goes down below 1k USD and touches 800 - 850 range within the year. The bounce we're seeing now really feels like it's just that... A normal bear market bounce before it all starts trending back down again. Dunno... But I'm pretty sure you know what I'm talking about as you have been watching the market for as long as I am. Yeah this is one of those type of couple day pumps that people think all is well again and then gets shattered one one fell swoop and continues down. Nothing is showing this is sustainable I agree this will probably swing right back down soon. Tough times ahead I think unfortunately
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Captain Corporate
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July 08, 2022, 01:24:26 AM |
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I feel like I agree with sub 800 though. I mean yeah it may not be a permanent increase, we may still go down from here, but maybe not under 800? I do not know whats going to happen, I feel like its going to be like maybe 900 or above? If we are at around 1200+ range already, then a 300$ dollar worth of drop, even slightly more, could still be 900. So if we want to drop under 800, that is around 440+ or so drop to get there. Is it possible? Of course it is possible, hell under 500 is possible, you never know whats going to happen in crypto. But I believe its a bit more unlikely right now, 900 and above seems "solid", not guaranteed but pretty solid.
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GreatArkansas
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July 08, 2022, 04:17:55 AM |
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Once Bitcoin will not fall below $18,000. It's impossible for Ethereum to drop below $900 or worst $800. At the start of July, Bitcoin and Ethereum went good first weekly candle of July is good for me, Bitcoin is staying already above $20,000 so Ethereum is also the same which is during this kind of market condition, I believe that Ethereum collerate with Bitcoin too close.
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Hypnosis00
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July 08, 2022, 12:33:51 PM |
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I'd see that Bitcoin is moving a little bit high which could possibly influence ETH and that is certainly expected that is why I voted NO, ETH price won't drop below $800. And if the current sentiment will continue no doubt that we get to reach back to $1,500 again and it looks positive as currently, we are at $1,200 something at this post?
Well, it was clear to us that ETH gains huge trust from the investors among altcoins. It is expected that these people are buying ETH which uplifts the demand and trade volume making the price grow as well. Anyways, the entire market is changing its course by now.
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RussianEnglishTranslation
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July 08, 2022, 03:32:50 PM |
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I'm no longer bullish on Ethereum long term, especially considering that newer chains like CNDL and NEAR offer much better tech such as faster transactions, scalability, grants, and lower gas fees. The potential profit from these chains is much greater than Ethereum as well. What do you think is going to happen when staking is unlocked? We are going to see a massive Ethereum dump.
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el kaka22
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July 08, 2022, 05:16:55 PM |
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Do you want to make a small side bet out of it? Just 10 bucks for fun. I say ETH goes down below 1k USD and touches 800 - 850 range within the year. The bounce we're seeing now really feels like it's just that... A normal bear market bounce before it all starts trending back down again. Dunno... But I'm pretty sure you know what I'm talking about as you have been watching the market for as long as I am. I have already made a bet on freebitco.in basically about this, saying what ETH will be, not really meaning the same thing because it could go under 1k and end over 1k and I would still win there, so it is not the same thing. And do not get me wrong I trust you, and I do not have to pay the 10 bucks today anyway, so there isn't an issue, but I still would not feel comfortable doing to p2p,if you could see a casino type of place that offers such a thing, everyone could join in on us that way. I would definitely get into a psychological bet with you though, and say that it won't go under 1k, not on Binance (just to make sure we use the same place).
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rodskee
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July 09, 2022, 02:12:59 AM |
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^ Do you want to make a small side bet out of it? Just 10 bucks for fun. I say ETH goes down below 1k USD and touches 800 - 850 range within the year. The bounce we're seeing now really feels like it's just that... A normal bear market bounce before it all starts trending back down again. Dunno... But I'm pretty sure you know what I'm talking about as you have been watching the market for as long as I am. How I wish that I could go with this but Unfortunately I don't wanna bet outside gambling sites that I use to play , I was also looking for Futuur site if they will offer this betting for prediction because i will surely bet. I trust ethereum that it may down below 1k but not as low as 800$. Anyway I voted for NO , not because ETH will keep above 1k but I believe that it wont go lower than 900 at least this month alone.
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Anonylz
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July 09, 2022, 06:07:03 PM |
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The majority of the poll don't believe eth will break down to $800 despite the way the market has being dropping lately. This is bear market and everything seem to be unpredictable, so far eth has been fighting to stay above $1k likewise btc but will it stay that way or the bear still have more surprise awaiting investors. i voted no with the hope that eth will find a strong support around this price, so lets see what will happen till July ending.
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jostorres
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July 09, 2022, 08:44:01 PM |
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^ Do you want to make a small side bet out of it? Just 10 bucks for fun. I say ETH goes down below 1k USD and touches 800 - 850 range within the year. The bounce we're seeing now really feels like it's just that... A normal bear market bounce before it all starts trending back down again. Dunno... But I'm pretty sure you know what I'm talking about as you have been watching the market for as long as I am. How I wish that I could go with this but Unfortunately I don't wanna bet outside gambling sites that I use to play , I was also looking for Futuur site if they will offer this betting for prediction because i will surely bet. I trust ethereum that it may down below 1k but not as low as 800$. Anyway I voted for NO , not because ETH will keep above 1k but I believe that it wont go lower than 900 at least this month alone. It looks like you are loyal on your betting site but why look for futuur if they offer this? Or maybe futuur is also the site where you are betting at? B moving on, that was right that if you trust a coin, you will accept it if ever it drops more because you know that your coin can recover and can break another ath in the future. In my case, I have also voted for no because there were positive news that I see related to eth, like those whales are buying more eth and then there are those eth.20 updates which development is almost finished, and so on, but unlike you I don't think eth can drop to 900 usd. If ever it drops again, that will only be at 1.1k.
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hd49728
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July 10, 2022, 03:10:52 AM |
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Ethereum is the best altcoin and I don't doubt about its future. This coin will reclaim price above $4k and will make its new all time highs in future bull runs.
Ethereum 2.0 will be a bomb booster for its sentiment, capital inflow and price will consequently increases.
Temporarily, it is not easy for Ethereum as Bitcoin and general market is bearish. Ethereum will move very boring as accumaulation phase is happening and it won't end soon.
Don't worry too much if you hold Ethereum in your non custodial wallet (that you should do) and don't use leverage to bet how the market will move (you should not use leverage in this uncertain time to avoid liquidation and capital loss).
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slaman29
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July 10, 2022, 01:47:24 PM |
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I'm actually surprised that ETH has held very well above 1k all this time, even doing time above 1200 and to think of 800 testing is to think of 33% loss of value from today AFTER all the bearish news and crashes.
I guess everyone already lost confidence in ETH 2.0 in 2022 and that still hasn't brought down price below 1k, which should mean happy times for old hands.
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tokeweed (OP)
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July 10, 2022, 03:37:58 PM |
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Once Bitcoin will not fall below $18,000. It's impossible for Ethereum to drop below $900 or worst $800. At the start of July, Bitcoin and Ethereum went good first weekly candle of July is good for me, Bitcoin is staying already above $20,000 so Ethereum is also the same which is during this kind of market condition, I believe that Ethereum collerate with Bitcoin too close.
Here's the thing... BTC could very may well drop below 18k. I think this little bounce we're all seeing rn is just that, a dead cat bounce. But I could be wrong. And I find it very hilarious there are a couple of guys in the forum saying dead cat bounces aren't real for BTC. I mean wtf? The market is the market whether it's crypto, stocks or forex. These things just happen as market participants aka traders react vs each other.
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lepbagong
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July 20, 2022, 03:41:10 PM |
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if dicrypto there will always be a possibility but analytically of course there will always be differences of opinion among all who provide the analysis. but I answered "No" to the question you did because seeing a bitcoin correction that might reach $10K, obviously will not bring ethereum will drop below $1K. but if bitcoin can be under $ 8K-$ 10K the possibility of ethereum can be under $ 1K can happen. I think ethereum will be able to maintain it will be above $ 1K until later there will be a change in the increase from bitcoin. where it is likely that the increase will take a long time not significantly directly but gradually due to a decrease in
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TomArayaSlaya
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July 20, 2022, 11:08:42 PM |
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Put into account ETH 2.0 and am sure if it goes successfully then we might see ETH decoupled from the grandmaster BTC Much more use-case and userbase will increase and ETH will just carry the market along it assuming cardano or dot have not gotten serious potion of the market
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peter0425
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July 21, 2022, 09:19:21 AM |
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majority supports Ethereum still according to the votes listed above , Yes Etherem is for the bitcointalk community will stay for all of us . I know that like me? we will still keep our ETH on hold , yes no doubt that after this hard market then ETH will again break that 1k and maybe finally may hit 2-3k price in the next 3 years from now. Put into account ETH 2.0 and am sure if it goes successfully then we might see ETH decoupled from the grandmaster BTC Much more use-case and userbase will increase and ETH will just carry the market along it assuming cardano or dot have not gotten serious potion of the market
how long we need to wait about that ETH 2.0? its been long that this is in progress yet not releasing formally still.
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