As ICO reamains hot, ETH, as the token, finally breaks $1,000 for the first time, what's you explanation for the target price? Share your analysis below.
Original analysis from Kuang Ren:
The ability to move against the overall downtrend during previous oscillation pattern at high level makes ETH the leader in this round of uptrend among major coins.
Currently, ETH is the only major coin that sets a new all-time high and moves in an independent way, which can be explained by the increasing application scenarios. ETH will fall only when ICOs stop being crazy.
Original by Kuang Ren, translated and posted by AICoin Jami.
That's about TA, but for some reasons while you are seeing the casper testnet already tested and then the block reward will decrease again at Q1 of 2018 due to the next part 2 of metropolis hardfork and it should worth more and more. The sky is limit. Another all time high will be set by ethereum