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ETH Price Predictions for October 2019 By Traders. $150 vs $200 - What’s More Likely To Happen?

  • Vera Yurina
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    Ethereum on the crossroads: what’s more possible? $150 or $200 price? Here’s what Twitter and TradingView users think

ETH Price Predictions for October 2019 By Traders. $150 vs $200 - What’s More Likely To Happen?
Cover image via www.123rf.com

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Contents

The crypto market is still in the downtrend, but it seems like things might change soon. The rumors about altcoin season start in September have been all around since summer 2019, and Ethereum can be one of the first to break the vicious circle. Let’s check out Ethereum price predictions from tradingview and see what Twitter users think – there are various controversial opinions concerning the nearest future of ETH.

What do Twitter users think?

The previous bullish price predictions seem to be less and less possible, though some people don’t lose hope and are being optimistic:

Like, really, very optimistic:

But what if the bottom hasn’t been reached yet?

These predictions are not based on facts and technical indicators, so let’s switch to price charts and real arguments.

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Time to buy?

ETH might cost $200 in October
Ethereum (ETH) price prediction by thunderpips

According to thunderpips, ETH price is forming a continuation pattern to the upside. We should watch strong price action at the current price for buy. It’s a perfect moment to enter the market and wait for ETH to gain traction. If the scenario plays out, ETH might cost $200 in October. 

It’s calm before the storm

Wait for another dip
Ethereum (ETH) price prediction by Faibik

On Ethereum price chart, we can see:

  • Falling Wedge Forming in Daily Time frame But Expecting Another Lower Low;

  • Volume is Decreasing & Indicators Are Almost at Bottom As Well.

We should wait for another dip and buy around $145-150, then check the sell targets (midterm) at $186-200-230-270. The stop loss is below $136. Thus, our profit potential is 88%.

Will Ethereum follow Bitcoin?

Long-term signals are positive
Ethereum (ETH) price prediction by alanmasters

Ethereum is moving above resistance and growing slowly, but will it reach the previous price levels? We can see that ETH/USD is breaking/challenging the trendline from the top hit on the 6th of August. A good close above this trendline which coincides with EMA50 ($176.38), and can signal that ETH/USD is moving higher.

If EMA50 can be conquered, we might see ETH price of $185 or EMA100. It will be followed by $195 and $205 price range. With Bitcoin ( BTCUSD ) moving pass EMA10 already, we know Ethereum ( ETHUSD ) to follow, so it can easily move pass above this resistance and go higher. We have bullish divergence showing up on the MACD as well.

But how high can ETH get? This is yet to be seen, we can be looking at a small bounce or something bigger. As the candles start to close, we will have a clearer picture – the current signals are short-term ones.

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Bear flag is waving

$150 price is possible
Ethereum (ETH) price prediction by Edgy

ETH has, since the bottom break of the Descending Triangle 2 weeks ago, tried to regain the bottom break region. Since we have rejected 2 times now, it gives us a clear bear flag with an upward tilted channel. The bulls have to clearly regain $185 and break higher, in order to negate the bear flag on the Daily. Thus, Ethereum can go down in the nearest days, and $150 price is possible.

And one more bearish scenario:

Bearish scenario for ETH
Ethereum (ETH) price prediction by cryptokingxrp

Bottom line

So, which scenario is possible? In the short term, Ethereum can touch the $160 level and even go lower – it will be a preparation for a massive breakout. In a longer perspective, ETH looks profitable, it can reach the price of $200 if the altcoin market uptrend starts (probably, ETH will spark this tendency).

Ethereum (ETH) price charts by TradingView

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About the author

Crypto writer, blockchain geek & Bitcoin holder with a strong belief in the power of cryptocurrency. Veronika combines in-depth analytical approach with creative writing to deliver the texts that both inform and entertain. With hundreds of reviews, SEO articles and marketing texts under the belt, she has experience of working for blockchain Medium channels, Cryptodiffer site and ICOs. Part of U.Today team since 2018, she focuses on crypto price predictions and monitors the market to provide the most relevant info & opinions.

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TRX Price Goes Green as the Number of Registered Tron Accounts Hits 3.8 Mln

  • Yuri Molchan
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    Tron’s TRX was the second highest-growing asset earlier today, as number of accounts on the network got over 3.8 mln

TRX Price Goes Green as the Number of Registered Tron Accounts Hits 3.8 Mln
Cover image via www.123rf.com

Justin Sun-founded Tron has reached another big milestone, this time it concerns the number of active accounts on the network.

From a recent tweet of a Tron community member, it is clear that the number of accounts registered on Tron now totals more than 3.8 mln – 3,803.403 as per the offered screenshot.

As per the Tron’s market stance, TRX has so far managed to hold on to position #11 on CoinMarketCap, where it has recently returned after spending quite a long while on spot #14.

Earlier today, Tron showed the second best price performance on the top 11 list, coming second after XRP.

XRP-TRX
Image by CoinMarketCap

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At press-time, TRX is sitting at $0.0165, showing a mild rise by 1.75 percent. As reported by U.Today earlier, this morning, the coin demonstrated a spike by 4.32 percent.

TRX price
Image by CoinMarketCap

As well as getting back to position #11 on CoinMarketCap, recently, Tron celebrated 500,000 new users joining the network. Another recent milestone reported by Justin Sun was the significant progress with users transferring their USDT coins to the Tron chain.

 

Are you bullish on further TRX price? Talk to us in the comments section below!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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