RATE Group | Ethereum Price Predictions 2019: Cryptocurrency’s value could triple (How high can the p…
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Ethereum Price Predictions 2019: Cryptocurrency’s value could triple (How high can the p…

21 Dec Ethereum Price Predictions 2019: Cryptocurrency’s value could triple (How high can the p…

Posted at 12:22h in Cryptocurrency News by

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2019 Ethereum Prediction

A recent analysis of the charts indicate that the price of Ethereum (ETH) has continued to drop sharply. In fact, the rate at which the digital asset is falling is much higher compared to other assets among the top tokens. This continued downward spiral has surprised investors and is causing concerns among many regarding were the digital asset is heading.

It appears that no bottom is OK for Ethereum (ETH) as it continues to drop. Currently, Ethereum (ETH) is trading around $103. This shows that the digital asset has fallen from approximately $1200 since the start of the year. Thus, the token has lost over 90% of its original value due to the highly volatile market.

Ethereum (ETH) at Risk of Drowning into the Double Digits

Ether is at risk of going into double digits because the next support area for the cryptocurrency is at the $100 position. There’s a psychological and technical support. Which is why the support line is very important. The last…

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