Ethereum Making a Nice Little Run

in #crypto7 years ago

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We all know that it hasn't been a great couple months for crypto, we have all seen our portfolio value cut in half. We have been searching for any signs that this bear market will end and we can resume the bullish trend.

I was quite pleased to see Ethereum trading around the $400 mark for the past couple of days. The way it has been recently I'll take this as good news.

I was reading a TA by @haejin and he mentions that Ethereum may reach the $441 mark and drop back down to $295. I had posted a video recap from CNBC that stated Ethereum was currently the most undervalued crypto. Brian Kelly from Fast Money felt that $485 was fair value for Ethereum.

I guess time will tell whether Ethereum will continue to rise or drop but for right now I am happy to see green bars.

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