Investing in Ether - Speculative Buy?
Investing in Ether - Speculative Buy?
Interesting to note that Ether continues to slide downwards. Technicals indicate that Ethereum will continue to fall in price over the next 3 months.
Does anyone with more experience care to speculate at what price it might be a good buy? Currently trading at just around ~$150.
Technicals indicate there is support at that level but my own interpretation and study lead me to conclude that it will drop much further. Thoughts, anyone?
http://www.newsbtc.com/2017/07/16/ethereum-price-weekly-analysis-ethusd-leaning-towards-150/
There are a lot of financial applications relied on ethereum platform, and ether is a kind of fuel. I believe a huge demand in the coming year. Its value will catch up again or even over take bitcoin.
What about ether tokens?