IF the hard fork is successful the the ATH could be achieved.
ETH has been pretty quiet and down a lot from its previous ATH and is due for a pump right now I think. Price shouldn't dip below 0.06 BTC, if it does due to panic sellers then it is probably a good short term decision to pick up some coin.
ETH has been pretty quiet and down a lot from its previous ATH and is due for a pump right now I think. Price shouldn't dip below 0.06 BTC, if it does due to panic sellers then it is probably a good short term decision to pick up some coin.
The price is around 300$ , the ATH was around 400$. 25% down from ATH is not a lot. The longterm chart shows a double top, with a possible triple top in the making.
Also, next generation coins are coming out soon, so maybe ETH wont beat its own ATH for a long time(if at all). But thats just a rational view of the situation. We all know that irrationality plays a big part in cryptomarkets.
25% beeing nothing, the lowest fibonacci level would be entry point, I agree. The fork bears high risk of technical failure.
As mentioned above by BlockchainReserve the regulatory part isn't over but just beginning. Some ICOs are legal (impossibility of everything beeing a scamm) and will provide huge rewards.