At press time, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin is trading for roughly $277. That’s about five dollars higher than where it stood yesterday afternoon.
https://youtu.be/xyObEWCiCAI
Though Ethereum’s price has been improving, its volume has significantly decreased. Many analysts point the finger at initial coin offerings (ICOs) and emerging sell-offs. As more and more startups trade in their ether tokens for liquid cash, Ethereum is no longer dominating the market as it once did.
Read More: https://cryptomode.com/ethereum-price-watch-price-is-up-though-technical-future-is-uncertain/
It's just a sad moment for Ethereum really. Always thought this project was huge and with great success ahead. But right now it is a mess. https://youtu.be/xyObEWCiCAI
Though Ethereum’s price has been improving, its volume has significantly decreased. Many analysts point the finger at initial coin offerings (ICOs) and emerging sell-offs. As more and more startups trade in their ether tokens for liquid cash, Ethereum is no longer dominating the market as it once did.
Read More: https://cryptomode.com/ethereum-price-watch-price-is-up-though-technical-future-is-uncertain/
Looks like the closest support is set at $269 for now, then $260 (short term).