Post
Topic
Board Announcements (Altcoins)
Merits 2 from 2 users
Re: [ANN] Ethereum: Welcome to the Beginning
by
RivAngE
on 19/12/2018, 09:17:32 UTC
⭐ Merited by MirkoIta (1) ,LoyceV (1)
It's alright because it will again rise.
ETH is not entering the $100 level and $50 seems unlikely at this moment, the market is actually pumping now, I don't know what's the reason
but I hope it's another correction as experts said, crypto is oversold, and therefore we are going to see a massive uptrend from now.

There is not basis on this statement, cryptocurrencies were oversold since August.
There was so little investment in cryptocurrencies in 2017 and when the ones who control the economy started buying Bitcoin the prices of Ethereum and altcoins skyrocketed as well. Then futures became a thing and the manipulation started.

In a market where 90% of the movements are manipulated through whales, classic technical analysis and terms like "overbought" and "oversold" are not helpful indicators at all.