Will the Ethereum, the crypto that held second largest cryptocutrrency place, survive this week mayhem?
Is it a deep crash before it goes up?
ETH/USD is down 0.55 percent on day at $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.
Are we going down to double digits?
It can go up or down which will depends on the demand of the market. Ethereum is a good currency and this will bounce back once the market returns to a bullish trend. Although it takes time but for sure if we have patience then we can get our profits soon.