Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[aryan4]

Seeing the prices of $ 1352, sales continue in panic at ETH. With the sales made, this coin fell to $ 930 in a short time. What do you think is going on? Where can these sales end?

 

[Sudipta]

Yeah the price of ethereum started to fall as soon as bitcoin started to fall. Bitcoin felt from 41k to 29k and ethereum from 1.3k to 950$. But for the last few hours, the price is rallying again, I think bitcoin is gaining momentum again, as well as Ethereum.l and other altcoins.

 

[Farhanaslam007]

Seeing the prices of $ 1352, sales continue in panic at ETH. With the sales made, this coin fell to $ 930 in a short time. What do you think is going on? Where can these sales end?

It is happening due to the price of Bitcoin. The bitcioin has been decreased a lot in today's that's why a lot of currencies is getting at its worst. So maybe its price will go high in upcoming days.

 

[aryan4]

From $ 1352 to $ 911, it has experienced a pretty big drop. However, it seems to have recouped some of its losses by rising slightly and its price is trading around $ 1130.

 

[Sudipta]

It is happening due to the price of Bitcoin. The bitcioin has been decreased a lot in today's that's why a lot of currencies is getting at its worst. So maybe its price will go high in upcoming days.

Yeah but bitcoin has recovered very quickly from the downfall and currently bitcoin's price is 36k and ethereum reached 1.1k, very impressive turnaround from bitcoin.

 

[Niftyicon]

Seeing the prices of $ 1352, sales continue in panic at ETH. With the sales made, this coin fell to $ 930 in a short time. What do you think is going on? Where can these sales end?

This drop in price was unfortunately not peculiar to ethereum. As soon as bitcoin began the free fall, the other coins followed suit at least most of them.

 

[Sudipta]

This drop in price was unfortunately not peculiar to ethereum. As soon as bitcoin began the free fall, the other coins followed suit at least most of them.

Yeah definitely bitcoin is the monitor of crypto market now. When the price of bitcoin goes for bull rush, we will see it's effect on the other cryptocurrencies also. Same applies for the free fall like we say last two days.

 

[aryan4]

She experienced a short ascent and tested the $ 1150 prices again, but this rise was not permanent. Now, there are transactions at prices of 1080-85 dollars.

 

[Sudipta]

Yeah but I am pretty relaxed that bitcoin was able to successfully turnaround so quickly. If the fall continued for few days, there was high possibility of free fall but bitcoin is currently at 34k and it recorded 36k high today.

 

[Niftyicon]

Yeah but I am pretty relaxed that bitcoin was able to successfully turnaround so quickly. If the fall continued for few days, there was high possibility of free fall but bitcoin is currently at 34k and it recorded 36k high today.

We will have to wait and see what happens with bitcoin in the next few days and how that will affect the price of ethereum and other altcoins.

 

[aryan4]

Sometimes it makes very interesting price movements. At least I thought it wouldn't go below $ 1000 in the near term, but it fell back to $ 985. Now it is trading around $ 1025-30.

 

[Sudipta]

We will have to wait and see what happens with bitcoin in the next few days and how that will affect the price of ethereum and other altcoins.

Yeah I think continuous rise in the price of bitcoin needed some break and we are passing through that break now. Anyways this break I better than free fall to somewhere around 20k or less.

 

[aryan4]

ETH still does not look bad in terms of price. If it can exceed the prices of $ 1100 in the short term, it may gain a little more momentum.

 

[Niftyicon]

ETH still does not look bad in terms of price. If it can exceed the prices of $ 1100 in the short term, it may gain a little more momentum.

Yeah, ethereum is not looking too bad given that it is still trading at a little over $1000. It may gain that momentum soon enough.

 

[aryan4]

You can also check out the following news about an analyst who is reported to be a well-known and trusted analyst. She talks about the possibility of a little sale.

https://www.beermoneyforum.com/thre...sh-jindal-eth-could-hit-a-new-decline.119019/

 

[GoldenLady]

Since it's all coins that were affected by that fall, and the value seems to have found a soft spot to rest on for a while, it should not be a cause for concern.

This was expected for a while, since last year.

 

[aryan4]

During these hours, it increased a little and rose above $ 1100. Analysts particularly talk about the importance of staying above $ 1100.

 

[Sudipta]

During these hours, it increased a little and rose above $ 1100. Analysts particularly talk about the importance of staying above $ 1100.

Yeah the price is exactly now at 1102$, I am happy that the price is still not below 1100$. If bitcoin starts its bull rush towards 45k, the price of ethereum may exceed it's current all time high.

 

[mcjerry001]

Sometimes it makes very interesting price movements. At least I thought it wouldn't go below $ 1000 in the near term, but it fell back to $ 985. Now it is trading around $ 1025-30.

Nothing to really worry about. That is how crypto currency does. It fluctuates. It goes up and goes down. The price is never stagnant. Going below $1,000 doesnt mean. As you can see it has now moved up again

 

[aryan4]

ETH seems to have reacted well as the markets started to recover a bit. Looking at yesterday's transactions, there are transactions in much better places today, around $ 1211.