Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: comer on September 09, 2018, 01:22:27 AM
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The Ethereum bearish market hasn’t come to an end yet.
The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. Some expert says it will have $155 support position.
Quote from crypto news.
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I think that is the prediction of the ETH price. It will not be forever that ETH prices will decline, there will be a time for ETH prices to rise even further than we expected. Price fluctuations will affect one's mindset to assess the price of coins. Personally, I did not respond to the contents of the news. Still optimistic about the increase ETH prices in the future.
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The fact that the price of Ethereum will decrease is definitely! The question is only to what level - it seems to me if bitcoin again falls to the area of 5800 and even goes lower, the price of Ethereum will drop to $ 150. In General, this is a unique moment when the price of Ethereum is so low - if I had free money now, I would not doubt and would buy at least 50 ether.
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I was shocked this morning when I woke up, and I got Telegram from my friend that Ethereum prices had dropped very much, and this is in my opinion the lowest price I know about Eth since I knew Crypto November 2017 then. and I hope this is over, and the price of Eth hopefully will rise again soon.
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At the moment I look at the crypto chart, I see the red Ethereum is very surprising, the drop in ethereum is very deep, when will it come back again and return to green?
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eth down price not only to reach 200 dollar, but under 200 dollar
i think eth down price can reach to 100 dollar
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ETH staged an extreme tragedy yesterday. After falling below $200, we can say with certainty that ETH is now in an extreme bear market. Earlier we said that the eth project (https://citicoins.com/ethereum/) side sales will continue to put pressure on the price of ETH, but we did not expect the pressure to be so great. From a technical point of view, a break below $200 makes ETH re-enter into a downward channel that accelerates the decline. The break in this psychological barrier may cause further selling pressure in the market. It depends on whether ETH price (https://citicoins.com/ethereum/charts) can hold $140-170. This interval is over.
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I think this just one of the most bear market for ethereum, and if it keep going with this downword trend, many people may decide to sell off for fear of further market deep($197 as at time of writing this post). I hope it recovers quickly to avoid panic selling.
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The Ethereum bearish market hasn’t come to an end yet.
The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. Some expert says it will have $155 support position.
Quote from crypto news.
I am with you 100% mate and also so distressed as to why this month of September is being so severely cruel to cryptocurrencies. As of this writing, ethereum was valued at $191.45 only. This is so frighteningly disturbing. But nevertheless i am actually believing that this will go past as quickly as it come.
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The drop in ETH could be due to a less pleasant issue, thus affecting the price of the ETH, such as the prohibition of bitcoin ads by Google, thus affecting the movement of ETH prices.
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Decline of all coins but most for ETH is still going but I'm quite confident that ETH price will rise soon... the development of its blockchain proceeds well and team is very skilled and has a big impact in crypto community
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Well with this bearish market is still in effect in which not only Altcoins market is affected but the ICOs are suffering project failures in which its make the Ethereum users to decreased too so expect this Ethereum price will dip until the bullish market will arrive.
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ethereum is currently experiencing a very deep decline, and I don't think it's a very big problem and take the opportunity to make a purchase at a low price
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I still has a lot of ethereum in my pouch but i just put an order worth 20++ btc on binance to buy ethereum. But i expect it will go even lower consider about the bullish trend still continue and that's why the price of ethereum has been dropping more than 10% just in a short time. This will become a very big thing to predict how low it will go consider bitcoin not yet done with all of ETFs.
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Many investors predictions that this Ethereum coin will drop into $150 in terms of market price value.While i'm looking it ti the Blockfolio,it seems so near because Ethereum market price value are now hitting $184.
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The Ethereum bearish market hasn’t come to an end yet.
The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. Some expert says it will have $155 support position.
Quote from crypto news.
i agree with it my expectations eth will correction around $155, the price wouldn't under $150. When it come i will buy
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Currently, it is $173.38 which is in the bottomless. Anyway, I do believe that in the proper time the pump will gonna happen as ethereum is potential and useful altcoin that hard to be killed.
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At this moment ethereum price is $207 but yesterday ethereum price was declined$177 I think this is almost $150 now ethereum price is slowly increase I hope it will never go back down.
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We have seen the 167 dollar levels but right now with a bounce we are back above 200 usd ( around 205 usd as i write this message) so i think it wont go down again below 200 usd.
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If yesterday the price ethereum was $ 175, today it has already risen to $ 205 and continues to rise. Perhaps we have already passed the price bottom in ethereum and further this coin will basically only rise. Ethereum can not fall for long, it will always rise, because it is always in demand. Even if now it is manipulated with its price. The price is lowered, and people began to buy it at such a low price, the demand has risen, and with it the ethereum rate is growing.
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Ether price has been declining mostly for two reasons (https://seo spamnews/reasons-why-ethereum-price-falling):
1. Firstly, the introduction of a new BitMEX - ETH perpetual swap contract, which allowed traders to shorten the price of ETH with up to 100x leverage in a similar manner like the XBT (BTC) BitMEX contract. Although this has not been confirmed, this statistic has led to the speculation that the arrival of the contract allowed pessimistic investors to weigh down on the price of ETH.
2. The ICO sell-off factor, with many traders claiming that projects have begun to liquidate their war chests, that are often full of Ether, into fiat, leading to the current collapse of the market, not only ETH.
The chances are it would bounce back quickly and its just for the short term.
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The Ethereum bearish market hasn’t come to an end yet.
The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. Some expert says it will have $155 support position.
Quote from crypto news.
From the last to days the market value of ETH drops rapidly to $165 which is very low for this year but it can easily recover today at $217 and we just hope that it will continue to increase.
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in my opinion ethereum will be difficult to rise now and in how many months ahead the price will probably continue to decline, the possible cause is because of the strengthening of the dollar or because of the factors investors are getting bored with ico
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Ethereum almost reached $150 but now ethereum is slowly recovering just started ethereum price increase I think it will don't go back down currently ethereum price is$ 205 this is better than $177.
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Currently Ethereum prices are $ 216.61 and this has increased by 5.53% from the previous price. we just pray, hopefully this is a positive trend. and Ethereum prices continue to rise.
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everything can happen in crypto Ethereum can increase in price to tens of times, that's not impossible, we all know that many altcoins experience a drastic price increase like that, we know most ICOs use EtherTum paltform and many altcoins are greatly helped by Ethereum , I think we will wait for that to happen at the end of December.
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Ethereum almost reached $150 but now ethereum is slowly recovering just started ethereum price increase I think it will don't go back down currently ethereum price is$ 205 this is better than $177.
Lowest price recorded was near to 170$ and many were expecting it to come under 150 to buy more but in my opinion, ethereum has seen its bottom for this year and now, it'll only move upward. Its already 200$+.
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The Ethereum bearish market hasn’t come to an end yet.
The month of September has been particularly hard on the cryptocurrency as it quickly lost the $300 handle earlier this month, and is already threatening to consistently dive below the $200 area. Some expert says it will have $155 support position.
Quote from crypto news.
I do not see anything wrong with this because prices have decreased for all crypto-currencies,but it is temporary, soon everything will return to its place
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It's true. In September, there was indeed a strength with the loss of Ethereum prices on the market. But now Ethereum is slowly rising again and returning its original price as a stable price in my opinion. Hopefully Ethereum will continue to rise every day to the maximum price point.
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Ethereum already decliced $175 at last week then slowly increased $125 but now decline again . Ethereum is always best technology so this is best for investments . this time ethereum is facing big market crisis I hope ethereum will recover soon.
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Ethereum already decliced $175 at last week then slowly increased $125 but now decline again . Ethereum is always best technology so this is best for investments . this time ethereum is facing big market crisis I hope ethereum will recover soon.
For now Ethereum is still not recovering and even today the market price drops to $196 with this market situation we can't really sure of our investment we need to monitor the market movement for us to be aware and be ready for the next strategy once the market continue to fall down.
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I think Eth can drop even more to 100$, but in the near future it will grow. I am waiting for a 2000$ for 1 Eth.