Will Ethereum Surge By 700% from Current Value by Next Year?

[Goodcat49]

The recent inrush in the price of Ripple (XRP), which is the native digital currency of Ripple Lab Inc, has set it to pass Ethereum (ETH) by a factor or two in market capitalisation in September although the rank didn't live long as per data on CoinMarketCap.

In August, ETH had always kept its position as the digital currency with the second top market capitalisation immediately after Bitcoin (BTC).

ETH in a Dead Route
On January 13 this year, ETH was able to register the all-time top value of $1,349 but its price has been plunging since then although it struggled to be a giant in the second quarter (Q2) of 2018. Its price at the time of press is south of $235.

Several investors believe that ETH is passing through difficulties as it's price has been facing much bearish trend highly following price structure of BTC.

Albeit, Tom Lee, the head of research at Fundstrat, is optimistic that ETH is nearly seeing a movement reversal and to rally heavily.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/will-ethereum-surge-by-700-from-current-value-by-next-year/

[Fenix]

And why is it about increasing the price of ethereum by 700 percent, that is, seven times? At the current price of ethereum is 1645 dollars. This year, such a price ethereum is hardly possible. It is necessary that bitcoin rose in its price to about 22000-24000 dollars. I do not think that bitcoin is capable of exceeding its previous record price of $ 20,000 this year.

[Daedalus]

Of course if we see the current chart and last year chart, now is dump season and tomorrow this dump season will end trust me

[IL Regulus]

Let's wait for the time because that will be the perfect revelation to all of us what I am sure right now is that ethereum will raise again and will bring good success to every investors who invested this moment.