Ethereums Demise could mean a bright future for Dash

CryptoGuru Level X³

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November 28, 2016, 6:47 pm

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Ethereums Demise could mean a bright future for Dash

What a rollercoaster ride i am witnessing here for crypto currency Ethereum. The bears have completely taken over and they are pushing the price way down. The question always is but why? The simple answer is people are scared! The hard forks are not helping lol, people are abandoning ship. Dash is looking very bullish and the price shows it could be heading back towards the $10 mark. I never thought that Dash coin would pass Ethereum in Market cap. That day has come and ETH is in trouble. Dash could use this to get the upper hand in being #2 top crypto in the world. I want to take a look at both coins and analyze what i think according to the last 24 hours.

First lets take a look at the Ethereum Chart:



The blue line is the previous 24 hour low, the green line shows the new 24 low so far and then increase above the previous low then stabilizing over the previous low for over 6 hours. What do i think this means? It could mean that Ethereum is finding support at 8.65-8.70 range. If it continues in this range we could see an end to this treacherous drop. I don't think recovery is coming anytime soon but i could be wrong.

Now lets take a look at Dash:




Dash is showing an upwards fight hitting close to high resistants for the past 24 hours. This usually means that the coin is gearing up for a rally. Would now be the time to invest? I would say if you can afford to buy 100 dash coins do it! it will be the best $90 bucks you ever spent. My prediction is that in the next few weeks Dash will return to $10 a coin. and if Ethereum users are smart they will invest into Dash.

As always thank you for reading please don't forget to follow me and like the topic.

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ermini2

ermini2

you have been right about all of the predictions you have made about each crypto currency coin, like Dash and Ethereum. I have not been following the trading aspect of the crypto currency world, it is some what difficult for me to understand. Im definitely thankful and happy that you are able to understand what is going on because i sure dont. hahah

0 8 years ago

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tophew

tophew

i think for my own analysis its just a minor setbacks of ethereum price but as of now 2017 ethereum is going up at 300 plus dollars so and 2nd rank at coinmarketcap.com so i believe still the ethereum has a bright future it is a stable altcoin since from the start.

0 7 years ago

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vinaya

vinaya

who says ethereum has died? When I knew ethereum, it was $11, now it is almost $300 and this growth happened just in two years. I don't know about dash, the only cryptocurrency I trust is bitcoin, however, bitcoin price has gone over $4000 and I cannot buy any BTC at this money. I wish I had known more about BTC when I was introduced to BTC in 2014, when it was priced $400.

0 7 years ago

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overcast

overcast

I see that ether is going slow. And it seems like the ether is going to be in bad phase. I hope that in near future things change. Hopefully that would be making things easier over a period of a time. I don't know how many people are going to be finding value out of it but it seems like things are going well for the other crypto. I guess we have to just wait and watch.

0 7 years ago

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Corzhens

Corzhens

That fluctuation in value is what's holding me in investing in crypto currency. Instead of an investment I see my money to be like betting on something that can win or can lose. In other words crypto currency is another form of gambling. Unlike the stock exchange where you have a basis with the stocks of the company, the only basis for crypto currency is the prevailing price which can be controlled by the big players.

0 6 years ago

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TomSands

TomSands

Ethereum is now around $250 which is really not that bad. I have been trading with crypto for a few years, but I think I will stop because it just feels like a big gamble. It is so easy to lose a lot of money because price varies too much. There are some predictions that price of crypto will rise, but you can never trust that too much. I will most probably go back to gambling online in one of the casinos because when i play poker I have a better chance of winning. I found a great online casino on kiwigambling.co.nz. The only thing left for me to do is start trading forex.

0 4 years ago

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UgrozaVeka

UgrozaVeka

I'll be honest, I believe that this particular cryptocurrency does not have a stable future and sooner or later etereum will simply disappear from the market. It is best to use Bitcoin because the Bitcoin exchange rate is much more reliable and stable. A single issue and weak area is security, but this issue can be solved with services such as the best crypto mixer. I myself use their services and this allows my data to be safe. Here's how it works: the service "mixes" all transactions between users, so it is impossible to track funds and associate them with the original owner. Eventually, your destination address will receive a transaction from one or more addresses that cannot be associated with any of your wallets or exchange accounts.

0 4 years ago

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emmaj3113

emmaj3113

Mixbtc.io was created for the bitcoin mixer community with three things in mind, trust, speed, and security.We understand that using a bitcoin mixer for the first time can be uncomfortable so we recommend splitting larger transactions into multiple ones until you’re comfortable with the process.

0 4 years ago

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Starchris

Starchris

A lot of mixers and other shady things on the topic. If you want to trade with crypto pick trusted platforms. I've seen a thread recently where a guy cries about how he was scummed on some Investment website, I clicked the link and it looked like it was designed in 2001. For some reason, people rise to baits like this. And If you want to invest you will need a trusted exchange website like this cryptocurrency exchanger

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