ETH price could touch $1900 by year end

in #bitcoin6 years ago

Etherium is rapidly becoming one of the most damaged and runaway resources of the cryptosphere, with the value of this platform-based cryptoconance pricing, with an array that shakes investors into their boots. But industrial leaders and analysts are still claiming that Ether is ready to see a strong assembly like 2016.

Bitcoin becomes bull atherium, $ 1,900 per utha
When someone mentions the word "bitcoin bull", many crypto investors immediately think of Tom Lee, who has been bullish on most cryptos for more than a year. This attitude has been clearly expressed by its innumerable presence in CNBC First Moni, where crypto advocates point to continuous signals and statistics indicating that Bitcoin is worth 20,000 USD for the second time.

Although Lee has supported his support for BTC's prediction and has shared his fair share, his bullish attitude has shifted to Bitcin's close relatives, the second most valuable cryptocrown from the point of view of capitalism of Ethiopi, the market.

In a note directed by its clients, currently the head of Fundstrat Global Advisors research, Lee, explains that Etherium has compared its competitors by two competitions, whereas the price of Ether is "fierce as a trend" or "," as it would be fittingly as an analyst. He explained, adding:

"We believe that Etherman is on the opposite side of a trend and is going to the rally stage."

Unlike what he would guess, he explained that an incomplete effect on Ethan's top crypto resources - a sign of capitulation - indicates that the next step is a reverse logical.

Just a year ago, many of Etherium's supporters and those supported projects believed that the so-called "flipping" was intermediate, which Etherium's market cap had lifted the Bitcoin for the first time. But there was a blast in 2018, although Ether was quickly upgraded to the highest level of $ 1,400, and it became clear that there were plans for the well-known well-known flipping competition in the market.

Ethereum's 1-Day Chart, Information provided by Coincap.io
Although many want to be different, recently launched platforms like EOS and ENO have started to impose the Etherium ecosystem, because these new projects claim to be faster and cheaper than the primary competitors of Atherium. But there is obviously a trade off, such as EOS and NEO network elimination of decentralization in exchange for increasing the limits and transaction limits, why Atherram is still using chain-chains for developing decentralized-based projects.

Only Ether players were not found, but initial currency proposals (ICO) teams tried to monetize their checkups by liquidating cryptocrown holdings in order to protect their fight wars. Recently, according to the NewZOT report, companies behind IOC have sold more than 30 million dollars in the first week of September, which is a symbol of an image that directly affects Ether from the point of view of the closing price of IGO sales.

These concerns aside, which Lee refers to as a "challenging technical picture", he closed his note that Ether may still accept $ 1,900 worth of layers by the end of the year, which is nearly blurting around tenfold.
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