Community post
Will Ethereum continue to fall?
I follow many observations made by the analyst of Bitcrypto on Twitter and I agree with what he said about eth in his last tweets. Ethereum is in a bearish trend for a while.
As a user who also follows FXStreet analysts, I can say this. I believe that the ongoing sharp correction in the cryptocurrency market and the macroeconomic environment may further deepen the decline in the ETH price.
A lot of adjustments have been made in the Ethereum ecosystem, but they still can't stop falling.
Ethereum's Ropsten testnet was a milestone and a major success for the altcoin, and they succeeded. However, the decision to postpone the most important updates for 3 months continues to reduce the separatist and negative opinions within the community and therefore the prices.
See you soon on good financial news.
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Replies (5)
Ether Bitcoin, the nasdaq, the Dow Jones all going in one direction in a way
It certainly is, but I hope it's out of this correlation soon.
Wish I could read the final dip I know crypto is not one of the losers, the mining, all these jobs it's created lol readjusting yeah I can see that, failing... Nah
I've personally bot followed trends revolving around ETH. Can't even tell why things are going in th downtrend. I know there would be. A flip soon.
We're having a bad season. I hope the markets improve.