Ethereum Dip: Time To Buy
Ethereum falls with 23% in the last 10 hours, and the price it's on the very strong demand area, which gives us buyers good opportunity to buy and hold ethereum.
Ethereum's market value crossed more than half of Bitcoin and now accounts for almost 17% of total market coverage. Is a dip near impending?
Price in recent days rise over $ 1400. The volume of the Ethereum stores is currently $ 4,785 billion, which is close to 40% of the deal with Bitcoin.
Ethereum comes really close. Despite this, the price shows some signs of bearish movement, as it can be seen technically on ETH / BTC and ETH / USD coin pairs.
Excellent! People don't realize how undervalued Ethereum is. I bought in @ 300 fall of last year, and I've traded it for alts (pairing), and in the course of a few months I've managed to not only double, but triple my original ETH stack. This is the perfect time to take advantage of ETH's low price!
Next support level of ETH in terms of USD is in the area of 650 - 850 USD. We might expect at least some sort of correction from this area
Ethereum and NEO both are relatively "up" compared to the crashes in the crypto space.
Personally, I think BTC is the best investment right now. We'll probably still see red across the Alt space as investors slowly exchange for an enticingly low BTC. As the price of BTC creeps back up, there will be some FOMOers from the alt space moving even more into BTC along with some fresh FIAT moving back into the crypto space (through BTC).
THAT will then be a good time to reinvest in alts.
As for ETH/NEO, yes they are good investments but you have to wonder, is there a BETTER investment opportunity right now than a successful alt coin that is still relatively up?
I have been tracking Binance Coin (BNB) for some time and even it went below $20 mark, currently trading below $16. Someone mentioned on Steemit that the fall 'may be' because of the mass sell-off by Chinese /Korean countries owing to their New Year festivities.
Been a trend in the market to behave this way for the last few years.
I think this is a good opportunity for those who missed the bus earlier. 20--30% fall in two days is a good buying/consolidating opportunity for those who aim to invest for a long term (6 month--1 year period)
Yes could be a very good opportunity
Thanks for good sharing thankful to you nice sharing
My pleasure
Thanks for sharing your thought
And best of luck
Keep posting and upvote mee thanks in advance
Thank you
Best time to buy etherium.
Agree
too bad I already bought high a few days ago along with some alt coins that are down 25-55% now...I should have stuck with my stocks, which are actually doing well.
Time to buy your favourite crypto, be it BTC, ETH, STEEM, IOTA or others, buy like it is now or never. Seize the opportunity. It doesn't come always
Damn it! I missed out on buying again. You're totally right - perfect opportunity.
Few exciting ICO I got my eyes on. luckily I am buying ETH now.
Great news update and resteemed