Jump to content
Sign in to follow this  

Ether shows true strength and resilience in year to date

Recommended Posts

Looking at all the Cryptocurrencies that the IG platform offers it is obvious that year to date, Ether, has shown the most resilience and strength compared to Bitcoin, Bitcoin Cash, Bitcoin Gold, Ripple and Litecoin. 

 

If you look at the charts, especially the 4 hour charts for Bitcoin, Ripple and Litecoin then one can see similarities.

 

Ether's chart looks more promising. It seems that Ether has diverged paths from the other Cryptocurrencies. It is like it has an 'edge' against them. Maybe it is the platform itself, Ethereum, or even the 'Smart Contracts' and Blockchain possibilities for companies wanting to adopt the technology but one thing is for sure, it has something that the others don't in times such as what we are witnessing in terms of price action and behaviour of Cryptocurrencies in general.

 

Such is the madness that after my post, Ether, could also decline and the trend could reverse. Who knows but Ether has shown more strength so far whatever the reason may be. 

 

 

Share this post


Link to post

Looks like ether has finally gave in. So i guess what you said in your last paragraph is true. It's real madness in the crypto world.

Share this post


Link to post

Yes you are right . Ether has finally gave in. I mean at the time of writing Ether is $785.00. 

 

There could be a fantastic buying opportunity coming which could be the trigger for the next monumental rally in Crypto's as people rush to get what they perceive as 'value'. 

Share this post


Link to post

Yes it's such a roller coaster ride. Bouncing up from 700 odd to above 900 within an hour is carat crazy. Not too sure whether it's a dead cat bounce or will it go for higher peak?

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

×
×