Ethereum bouncing back almost 40% from crash
After a scary Sunday plunge, Ethereum is slowing climbing back again. The bitcoin rival dropped 22 percent Sunday, to a low of $130.26, before rallying 38 percent from that level to hit $179.98 early Monday morning, according to TradingView charts of Coinbase data. It's currently trading at about $170 thereabouts.
Being a newbie to this, I made a small investment in Ethereum, and all the volatility is keeping me on the edge. What are your thoughts to Ethereum's swing? Up or down? Bull or Bear?
It has rebounded as noted. All of the ICO selloff(s) have cleared through the market and only the true believers in the platform remain holding (more or less). I think if we crack the 175 resistance, we could settle "today" at or near 185.
Im super bullish ETH and see $500 by 2018 I would conitnue to dollar cost average into ETH and spread some into LTC as well.
Exciting times.
To Donate :)
BTC Wallet - 1KmQv2oDbnGMwZG1Wcxy9P216Te8jLm6QW
ETH Wallet - 0xDd464328A8dB6424C3C09E21c767c086245F0145
Good move.