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Can Ethereum Reach $5,000?

From fool.com

Two months ago, it seemed inevitable that Ethereum (CRYPTO:ETH) would break through the $5,000 ceiling. The popular cryptocurrency hit an all-time high just below $4,900 in mid-November, and momentum was on its side. But it didn't happen. Digital currencies have corrected sharply in recent weeks, and Ethereum has tumbled along with most of the market. With the digital currency trading at roughly $3,150 on Wednesday morning, it would have to climb 59% to hit $5,000. A milestone that seemed so attainable and obvious just a couple of months ago now seems so far away. Ethereum can still get there. There's never a dull ... (full story)

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  • Category: Fundamental Analysis