Post
Topic
Board Speculation (Altcoins)
Re: Is Ethereum About to Break Out of a 2-Year Bear Market?
by
FanEagle
on 26/01/2020, 06:16:30 UTC
Crypto markets are holding steady for another day following a slight pullback from their recent rally. Ethereum is still looking strong but can it finally pull out of its two-year bear market?

https://bitcoinist.com/is-ethereum-about-to-break-out-of-a-2-year-bear-market/
Etherum has huge demand in the bull markets which arrived in the mid 2017 but after those bull markets, the price for etherum was drastically on the down trend which ended up somewhat near $100 to $200. In early stage, ETH had huge benefits like smart contract creation, etc but now also there are some alternative platforms which allow the similar functions to carry in minimum hard work like waves, etc.

So, ETH is somewhat going out of trend which might not keep the support that strong for ETH which would than create an outbreak which would be hard to stop. We might expect something good if etherum network gets back in the race.