Tuesday 20 April 2021

Ethereum: Battle With $2500

The battle of the price of Ethereum with $2500 continues. We speculated that the $2500 milestone may not decisively go down without a fight and it seem that so far, that is the case. We have briefly gone above $2500 but it has not been sustainable so far. In the grand scheme of the market cycle, nothing has really changed for Ethereum. We take a look at the potential downside risk even in a bull market. We also discuss the idea of diminishing returns for Ethereum, which also likely includes less risk to the downside. TA Video by Benjamin Cowen.

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