Post
Topic
Board Speculation (Altcoins)
Re: Market turns bullish as Ethereum touches $238
by
sandos
on 26/06/2020, 01:50:59 UTC
Ethereum has a capitalization of more than $ 27 billion and is the second largest cryptocurrency after Bitcoin. It has a number of users who create a price-increasing network effect.
The price increase for Ethereum could staking at Ethereum 2.0, now the price is at $ 243.30 to date. I think that ETH will grow in the near future, it may exceed the limit of $ 250.
not yet seen the effects that occur on ethereum by itself, all because of the movement of bitcoin which leads to significant improvement so that all altcoin is jacked up as well as ethereum. ethereum still can not escape the effects of bitcoin, eager to move ethereum because of the capabilities it has, but it still takes time. ethereum could have done that but not too long ago and again affected by bitcoin. for $ 250 it certainly won't be difficult to achieve ethereum if bitcoin has also penetrated $ 10K.
I agree with you. Ethereum has big potential but it hasn't still been able to escape the effect of BTC. It moves as BTC moves and there is big chance for ETH to take downward direction to $ 200  if BTC goes below 9k-8k. So far, BTC has been effecting eth's price heavily but lets hope that Eth gets better after 2.0 eth Smiley
Everyone is waiting for Ethereum 2.0, but I am sure this news will not help much for this coin because currently, ETH is still completely dependent on the price of Bitcoin. In my opinion, if the price of Ethereum can not reach $400 this year, then we should not hope on the coin anymore because certainly no one will be interested in mentioning this coin. Currently, I'm looking for better potential coins because most people here only care about profit.