Market Talk
Ether has been quite constructive these days making higher highs and now it refreshed all time high to 740 usd and now consolidating in the vicinity of 700 usd. The upward slope is well supported by 15 and 55 moving averages and any pullback is meeting with buying pressure at this moment.
This is the second largest cryptocurrency in terms of trading volume, continued to attract investors attention these days as it is perceived as the next best alternative to bitcoin. Etherum's market dominance, which dropped below the 10 % mark a week ago, increased to 14% on Wednesday while bitcoin's volume eased to 56%, reflecting the demand shifting from bitcoin to ether.
Etherum is technically one of the best cryptocurrency and after breaking out above 500 usd and now Etherum has shifted its tone to a firmly bullish tone and going ahead more gain in this currency may be expected.
Thank You & Have a Great Day
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Definitely a project to hold for at least 10 years
When mass adoption will be there, people will look for useful coin. Definitely not Bitcoin, and Ethereum with its strong technology could be the new king.
The Ethereum project shows huge potential for revolutionizing the way business is conducted with "smart contracts." Should this company remain profitable, we may see a new marketplace emerge on the Ethereum network containing various apps; each developed for safe, frictionless trading/sharing of specific digital assets and computer resources around the world instantly.
It goes like this
Cryptocurrency staged a new year rally
yes thats correct...
You got a 14.75% upvote from @postpromoter courtesy of @shivohum2015!
by the look of things it might get to $1000 by the end of the year ,
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