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 $173.77 and is down about 18 percent for the week already.
The trend for the long term now remains extremely bearish before any meaningful stabilisation in the prices.
Are we going down to double digits?
It seems 173$ was a good value after all. It dropped to 80-85$ and now we started recovering. I don't know what to expect after now but i am pretty sure that we touched the bottom. And we won't return to double digits again.