Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on August 11, 2020, 01:02:15 AM

Title: Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400
Post by: newshunter on August 11, 2020, 01:02:15 AM

Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400

Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon.

Source: Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400 (https://cointelegraph.com/news/ethereum-options-data-suggests-pro-traders-expect-eth-price-to-break-400)

Would appreciate your opinion about this

Title: Re: Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400
Post by: Noverteno on August 11, 2020, 07:07:23 PM

Recently, the growth of the cryptocurrency market has slowed down, however, most likely, this happened due to various events and conversations related to the possibility of bitcoin going to correction.  Therefore, the ethereum price stalled near the $ 400 mark.  This is probably a temporary stop.  Any positive news and events can push the market towards further growth.  This will also happen if the Ethereum 2.0 improvements are successfully implemented.

Title: Re: Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400
Post by: Astra on August 15, 2020, 05:22:38 AM

This observation turned out to be correct. Since yesterday, ethereum has surpassed $ 400 and is now $ 439. We hope that ethereum will continue to grow in value further.