ETH/USD 21.06.2017 - Time to buy?

in #ethereum7 years ago (edited)

ETH/USD has taken a dive.

If we look at the technical analysis then it might be a good time to buy in? Bollinger band and MA are showing the green light to buy. Also the price has hit the previous low support level, which is a strong indicator that the price will go up now.

What's your thought on this?

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buy buy buy

In my experience yes. Doesn't hurt to put few hundred into ETH right now. :)

I would say it's good to get back in - the status ICO and exchange manipulation is to blame

Yep! You're right about that.

Maybe you don't want to hear this: for short term... yes or be more precise "maybe buy" but honestly in the long run I don't expect any good if things do not change around Ethereum. (By the way, similar problems around Bitcoin) These are known problems. Technological limits and barriers, problems about fees (gas), etc. Nothing new here just accumulated things... (many transactions because of some ICOs, etc.)
This is why I also wrote this today: https://steemit.com/ethereum/@engel42/don-t-panic-eth-deposit-withdraw-disabled-on-many-platforms

Yea, there have been some negativity on these technologies lately, but I'm still optimistic that that in the long run both of these technologies are here to stay. I have more faith in ETH than BTC. What's your thoughts on ETH transmission to PoS ?

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