Did Ethereum Bottom Out at $170? Worst Part of ETH Drop May be Over


Even though ETH and XRP experienced virtually the same downtrend in the past five months, the decline in the price of ETH was attributed to the sell-off of ICOs while the downtrend of XRP was attributed to a normal market movement.

Interesting article that brings up a good point about the decline in price of ethereum; that it was no more or less then most of the other coins. In my opinion, ethereum isn't going away anytime soon, so I'm a buyer for the long term. In fact, if bitcoin were to double I'd be willing to bet that ethereum will more then double. And there should be news on improvements coming out in the not too distant future.

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Ethereum is around $227 right now, I'd say it's a buy if you believe the crypto market in general has bottomed.

You got a 27.01% upvote from @brupvoter courtesy of @onthehook8!