Post
Topic
Board Speculation (Altcoins)
Re: if ETH hold above 168, downtrend will be over.
by
Silberman
on 09/10/2019, 16:48:51 UTC
It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.
If you take a look at the daily charts you will see that the market is completely undecided about what to do, one day the market goes up and the next one it goes down by almost the same amount, it seems investors do not know what to expect and this is natural since it seems like there are many good news coming from the developers of ethereum but the market is not reacting, and if this continues I will not be surprised if the price of ethereum goes down during the next weeks.

i wouldn't use the word like "undecided", from my view it looks like more of an accumulation phase for alts. eth is major one, so good news from devs surely will effect the price sooner or later.
Well ethereum is going up once again so you could be right, but what happens is that I do not want to get too excited since 2 weeks ago ethereum was seemingly giving positive indications that it was ready to begin a positive movement and then the price crashed in a matter of hours, obviously this is was not the fault of ethereum as all the market crashed at the same time but still that left a strong impression on me and I am debating myself between letting the market show to me even more positive indications or if I should buy ethereum today.