As ICO reamains hot, ETH, as the token, finally breaks $1,000 for the first time, what's you expectation 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.
I think we may reach 2000 close to the end of the year, it may happen sooner than that but I do not know I think we are first going to see a correction and then an increase in the price of bitcoin which will be a setback, then ETH is going to remain flat and finally at the final quarter of the year ETH will begin to rise in order to reach my target price.