Although the bearish phase is maintained, particularly for ETH, we will always consider this Cryptocurrency. To date, Ethereum capitalizes more than 21 billion dollars, placing itself firmly in second place after Bitcoin.
ETH reached a new minimum on September 12, 2018 ($177) and has since recovered 20% of the value; However, it’s still difficult to say whether the recent minimum made will represent the absolute fund from which a slow but continuous recovery will emerge. Perhaps the following equity-price movements are better to say if we have witnessed an absolute minimum or if we also have to wait for other short minimums in the month of October.
The price of Ethereum at interesting levels
However, despite the sharp drop in prices across the Cryptocurrencies sector in the three quarters of 2018 and a negative phase that continues, however, we wouldn’t stop saying that ETH (currently listed in approximately 212 USD/182 EUR) will always be found at very attractive levels for future purchases, especially now, above all by enormous potential of the technology on which it is based. We are convinced that in the next 12-18 months, especially after the implementation of the hard forks scheduled for the coming months, Ethereum's devastating technology will be revealed with all its forces.
For those who have not yet, it’s a Cryptocurrency that should be included in your purse and maintains a first operational horizon in the medium term (9-18 months). Even in the case of future deep and fast falls (150-180 USD) it’s always recommended to purchase ETH, especially for those who do not yet have it in their purse. For those who already own this Cryptocurrency, we recommend accumulation (especially now that ETH remains stagnant at fairly low levels).
Do you want to invest in cryptocurrencies?
We offer you the weekly portfolio CryptoFIB30, in a PDF format. A portfolio of cryptocurrencies with high earning prospects, suggested by our staff (the dates and purchase prices for the reported crypotos in addition to operative signals - when to sell or keep - are indicated).
Bitcoin Future: for those who prefer, instead, to follow the derivative, Bitcoin Future is analyzed, quoted on the CME, with the indication of important levels and operative targets of purchase/sale with a weekly perspective.Pay
The views and opinions expressed are the views of Crypto Currency 10 and are subject to change based on market and other conditions. The information provided does not constitute investment advice and it should not be relied on as such. All material(s) have been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy of, nor liability for, decisions based on such information.
Changes in rates of exchange may have an adverse effect on the value, price or income of an investment.
Past performance is no guarantee of future results and the value of such investments and their strategies may fall as well as rise.