Ethereum News Update
As Ethereum prices shed another 10% on Thursday morning, it seems appropriate to ask big questions: Were Ethereum prices in a bubble? Is that why ETH prices are crashing? Or is there a different explanation?
My initial reaction is that, no, Ethereum prices were not in a bubble.
However, it’s important to question our own assumptions. So let’s take a more thoughtful look at whether or not the current slump is justified.
Ethereum prices really took flight in the final quarter of 2017. After months of trading sideways, the second-biggest cryptocurrency exploded past $400.00. The momentum carried the ETH price beyond $1,400 by January 2018, but then.
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Written by Gaurav S. Iyer, IFC @ https://www.profitconfidential.com/cryptocurrency/ethereum/eth-price-forecast-eth-prices-bubble/ March 30, 2018 Gaurav S. Iyer, IFC