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Ethereum / Euro

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ETHEUR trade ideas

€40B Euros Pumped ETH Today have we found a new support lineI have found it amazing to watch such phenomenal amount of money pump into ETH, €40 Billion Euros pumped in today, but it is such a velocity that if this continued ETH would have a market cap as big as Bitcoin within a month, surely a correction must be imminent, if this is the top line for today, have we found our new resistance line for a short while for a breather? if ETH continues like this it will have a €700B Market cap in 10 days, that's ridiculous, my prediction is expect a correction. Just a reminder Im a newbie having fun, watching candles go up and down, I would be happy to buy some ETH at €2500. Not financial advice of course, enjoy this crazy ride.
Long
by TobesVibration
1
€3000 by 21.05.21 ?What an amazing week it has been for ETH and the Ethereum Community, there has been some serious shockwaves with the announcement of adoption by major banks to use the ETH2 protocol as a transport layer between private blockchains and CBDC's, the European Investment Bank just announced they are using Ethereum smart contracts to issue €100m bonds in conjunction with JP Morgan, Santander, Credit Agricole while the protocol is evolving using technology like Hyperledger Besu and Consensys Quarum to connect the banks to the blockchain. This new has of course created lots of retail action some incoming from BTC, FOMO is starting to kick in, can ETH get to €3000 by 21.05.21 or maybe sooner?
Long
by TobesVibration
2
Logarithmic Projection 2021-2022Ether in December 2020 implemented P.O.S. technology. This is the part of the fundamental analysis that I think is most interesting regarding the possible increase in the value of ETH in the future. Essentially, each node will have to freeze 32 ETH for at least 2 years to receive a portion of the transaction validation fees (staking) and to collect both the initial investment and the associated revenue. This means that with the creation of the nodes many ETHER will be removed from the market and this will produce a shortage of tradable ETH over the next two years. Adding to the fundamental analysis also the technical analysis to look for a possible evolution of the price, this time I left out the one on the classic chart and I switched to the logarithmic chart. This is because Ether is now 5 years old and it is now possible to have a quite significant history also on logarithmic scale. The result of this analyses is what you see above. Warning: This analysis is an experiment that I have never tried and I share with you with a sincere concern of failure, becouse we also don't know the max supply of ETH which, being undisclosed, makes my analysis further uncertainty. So, take everything I written "cum grano salis" and wait with me for the evolution of this chart in 2021 that if it turns out to be correct could give some great satisfaction to many of you... including me. 🍀 The Best of Luck 🍀
Long
by JokerIII
8
😭😭😭 OHHH Like Me Please! I Bear Gifts 🎁In a effort to make people like me more and share my non-sense at this moment I am talking Moon now like me lol 🤣 Surprise! just a bear in the box 🐻... 🤣 This is real entertaining to me the yellow circles are nothing similar to each other and these lines are just a joke. #TheyBuyLambos 😂 #lambo? All this time I have been saying #LandThough 🏞🏠🏘 LOL What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Or am I really the only person that's down to pull profit and even short a lot??? LOL No advice to give just thoughts that I can't shake after the last 6 years in the world of "CRYPTO" Bra Right now me and Dollars are cool even though everyone hates them and I am all good with for cuz up north CAD and EUR I can't exhaust hating everything but 🤷‍♂️ ANYTHING! "KEEP CALM AND MANAGE THY RISK!" 🤓
Short
by BradySWilliams
11