Currently, ETH price is at 127$. ETH has not done that well this year. And the altcoin market is very much dependent on the ETH price. So what value are you expecting during the upcoming year? Is there any possibility of recovery or it will keep continuing to go down?
To be honest, the price of ETH depends entirely on the price of Bitcoin, so if in 2020 the price of bitcoin can increase, the price of ETH will increase and the goal of ETH in 2020 is to exceed 200$. In addition, ETH is also at risk of falling below 80$ again if in the near future Bitcoin collapses. Investing in ETH is a long-term investment, and we need to be patient, buy as much as possible at this price if possible.
Of course it will be good news if at the end of the year the price of bitcoin can soar and make the price of ETH also jump,
so far I am quite optimistic that ETH could reach over $ 200 in the future. For now it might be better time to buy as much as possible because we will not know what will happen in the future