Ethereum Lifting Its lowest Price Up Vs USD | While Mining Difficulty levels At All Time Highs
But ETH is losing in BTC battle:
ETH Lowest price is increasing from $360 in April to $400, $420 $430 and now is setting it at $450.
Ethereum $452 while Bitcoin hits $7,700, Litecoin $82.96, Bitcoin Cash $870.16 and Ethereum Classic $16.50
Bitcoin is the crypto buying money and bridge to buying other crypto assets in exchange centers and that is making the huge co-relation of all the coin prices. It also is the icon of crypto world and the price changes in bitcoin changes price of all coins. While bitcoin is hitting its highest after months of decline trend and bad news and sell off in Japan and Korea, some coins like Ethereum & Ethereum Classic & cardano were actually showing some momentum if you follow their price fluctuations and patterns. Their prices vs Bitcoin were going up and bitcoin was going down, Til this week.
But in the last week after coinbase successful week with bringing in institutional investors into crypto world, Bitcoin is booming. It went up from $5800 to $7700. And now it bitcoin that is having its value going up vs USD and altcoins.
Do you remember the price revers in March that happened for all the coins but especially to ether?
Ethereum price is more than %10 higher than its lowest in March & April 2018
Ethereum price reversal in April 2018 and bitcoin dependencies | This revers trend happened 2 month ago and it was making all the crypto community to keep their fingers crossed for a price jump in June or July but right after the whole “good momentum” the news about cracking down on cryptos both in Korea and USA made many holders sell off, and now it seems to be keeping the prices down and even going downer.
Ethereum $452 while Bitcoin hits $7,700, Litecoin $82.96, Bitcoin Cash $870.16 and Ethereum Classic $16.50
For bitcoin it is lowest in 2018 but not for all of the the other good coins. Especially for Ethereum, the last time bitcoin dropped to $7200, $6800 or even $6200, it could drag the ether price down to $360 but this time the lowest bitcoin price could cause a price drop to $444 & $420 at lowest while bitcoin is $5800. This means although bitcoin has dropped even lower, the ether price has gone higher than its past lows for about more than 10%.
ETH lost about 50% of the value in March and Feb 2018 and hit the price around $320 and lost the market cap more than any other coin. Positive predictions by Lee and walletinvestor and others on the second half of 2018 and increasing prices for the crypto coins made many investors come in the market like the support of some big names such as Goldman Sachs now more than ever is in crypto world.
But Ethereum Prices Are Going UP 2018, ETH lost about 40% of the value in March and more than any other coin but why? Bad news one after another were hitting the crypto market and all of the coins were experiencing sell off, especially ETH. Now this is caused by another sell off, although many strong investors are buying in in crypto gamble.
The New Future And Long Term Forecast for Ethereum Price Prediction:
The predictions specially for the Ethereum (that is in many ways the most complex, advanced and admired Cryptocurrency) have gone up to $1600 at the end of 2018. Ethereum Price prediction actually paint a very bright future till first Q1 of 2019 and up to about $1600. By today it has recovered 40% of its price drop in march. There is still strong hopes in cryptos going up again after all the sell off and fear of regulating is gone away. Many are pointing to a time around Sep 2018 for all that to clean up and the green numbers start showing up.
New Predictions:
Ethereum price prediction 2018 2019
Old predictions:
The Future And Ethereum Price Prediction
https://walletinvestor.com/forecast/ethereum-prediction
Ethereum Mining Difficulty Levels In All Time High | As The Bitmain E3 ASIC kicking in
All Time high Ethereum Difficulty: 3,560,124,xxx,xxx,xxx.0000000
Ethereum mining Difficulty Chart and Graph June 2018
Current (June 23rd 2018) Ethereum Difficulty: 3,488,874,989,640,680.00000000
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