Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: SRShanuka2020 on May 11, 2020, 03:34:12 PM

Title: Ethereum Sees Strong Resistance After Setback; Is a Return to $200
Post by: SRShanuka2020 on May 11, 2020, 03:34:12 PM

Ethereum Sees Strong Resistance After Setback; Is a Return to $200 Plausible In The Short-term?

(https://i.imgur.com/oV8xiYa.jpg)

The crypto market is easily swiped by bearish pressure due to the high number of speculators and nervous investors. When digital assets turn red, they can easily go on freefall. Unfortunately, the same cannot be said about gaining.

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Title: Re: Ethereum Sees Strong Resistance After Setback; Is a Return to $200
Post by: damsix on May 13, 2020, 05:43:11 AM

Investors in this case play a big role for the benefit, but if the novice investor and trades with Ethereum who can't guess the price, will the investor understand the risk?
I do not recommend that novice investors enter the world of cryptocurrency to trade Ethereum if the investor does not have a basic understanding of cryptocurrency.

Cryptocurrency is full with volatile and very dangereous for newbee if he not have a big heart . lol

Title: Re: Ethereum Sees Strong Resistance After Setback; Is a Return to $200
Post by: ShadowCrypto on May 13, 2020, 06:07:29 AM

During the weekend, Ethereum went into freefall as it followed Bitcoin’s trend. With the two bleeding, the entire market turned red and managed to wipe out more than $25 billion. For Ethereum, pressure mounted after it slipped below $200. Higher support at $190 was expected to hold, but the bears have proven resilient.