Ethereum Price Going For The $300 Test – Daily Analysis Upward Prediction

in #ethereum8 years ago (edited)

 

Ethereum price took two major attempts to overcome the $250 mark first against the US Dollar. The pair is aiming for the $300 mark after increasing past $280. 

 As mentioned in the previous daily Etherum analysis, the price will be attempting maybe twice or three times until the $300 mark is tested and possibly overcome. On its second session ETH price cleared the $250 struggle as its broke the 61.8% Fib retracement level since the previous descending flow from $281.31 to $199.74. 

 Source: Coinmarketcap 

Article here: http://ethereumworldnews.com/ethereum-price-going-300-test-daily-analysis-upward-prediction/

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To be honest just couple weeks ago, I have decided to start saving not only in Bitcoins, but recently I added Ethereum to my porftolio for few reasons:

  1. Ethereum has a great devs team, and looks like they are working hard on expanding the project,
  2. The currency is strong in crypto world, and well recognised among important blockchain entrepreneurs,
  3. To diversify my portfolio, I will split my savings into 4-5 parts. Probably even amounts 20%/20%/20%/20%/20%.
  4. I found a token (coin) which pays weekly dividends in Ethereum, so this ir excellent way to earn extra Eth!
  5. I believe that in the long run, 5 years or son, Ethereum will be worth 1k USD, or similar to that, so talking about price: there is a long path still to go.