Thursday, December 12, 2019

Ethereum May Guides Other Altcoins, Claims Analyst

Ethereum has had a turbulent week, with most vendors in favor of its recent price action as crypto faced a constant flow of pressure in the coming years after the recent visit of more than $150 of ETH last week.
While all eyes are closely watching Bitcoin’s short-term price action, it is important to keep in mind that an analyst believes that where Ethereum is heading in the next few days is an important guide for other major Altcoins, regardless of BTC can provide.

Ethereum Stuck in a Short-Term Downtrend

At the time of writing, Ethereum is trading only 2% below its current price of $143, indicating a marked drop from its weekly high of $153 that was set a few days earlier.

No comments:

Post a Comment