Can Ethereum Increase by more than 700% of present value by 2019?

2018-9-28 15:06

The recent surge in the price of the Xrp which is the native cryptocurrency of Ripple Lab Inc, has made it to overtake ethereum twice in market capitalization this month even though the rank was not long lived according to the information on Coinmarketcap.

Prior to this time, ethereum had always retained its position as the cryptocurrency with the second highest market capitalization after Bitcoin.

On Jan 13, 2018 ethereum was able to record the all time high value of $1,349 but its price has been reducing since then even though it tried to be bullish in the second quarter of the year. Its price at the time of writing is below $224.

Going by all this performance and its present value, many believe that ethereum is going through the dead route as it’s price has been experiencing high bearish movement majorly following price structure of Bitcoin.

However, the head of research at Fundstrat, Tom Lee believes that ethereum is about to see a ” trend reversal and to rally strongly.” This was made known in his note to clients of Fundstrat Global Advisors.

One of the reasons for his position is the over hyped sentiment against ethereum market will see it to rally back stronger in the near future. This is because he had looked into the history of the coin that was launched less than four years ago, and saw that at the times when ethereum, “underperformed peers by two standard deviations,” it’s price subsequently experienced a great reversal.

Even though Tom Lee believes that Bitcoin could end the year at a price between $22,000 and $25,000 from his July statement about bitcoin, he believes that ethereum will get to $1900 by the end of 2019 which is more than 700% of its present value and 40% its all time high.

Lee concluded that Ethereum will reach $1,900 by the end of 2019 — a price point that is at least 40 percent higher than Ethereum’s all-time high of $1,349, recorded on January 13, 2018. The price of Ethereum is $224 at press time, meaning that the altcoin’s price will surge by 726 percent by the end of the year, according to Lee.

The post Can Ethereum Increase by more than 700% of present value by 2019? appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3160.66 (-1.23%)
Объем 24H $9.829b
Изменеия 24h: 0.90 %, 7d: -0.36 %
Cегодня L: $3127.09 - H: $3217.31
Капитализация $379.594b Rank 2
Цена в час новости $ 225.37 (1302.43%)

ethereum 2019 value 700 present increase coinmarketcap

Источник: zycrypto.com

ethereum 2019 → Результатов: 44


Сооснователь Ethereum арестован. Ему грозит до 20 лет тюрьмы

Cооснователя Ethereum Стивена Нерайоффа арестовали в США. Ему и его партнеру Майклу Хлэди вменяют вымогательство. Two Arrested for Extortion of Startup Cryptocurrency Company https://t.co/y10UGI5Sfx (Announced with @NewYorkFBI) — US Attorney EDNY (@EDNYnews) September 18, 2019 Прокуратура Южного округа Нью-Йорка выяснила, что в ноябре 2017 года Нерайофф публично продвигал ICO-стартап, по соглашению с которым он должен […]

2019-9-19 10:11


Фото:

Том Ли: Ethereum ожидает разворот тренда и резкий рост

Финансовый аналитик и бывший главный стратег-аналитик JPMorgan Chase Том Ли (Tom Lee) уверен, что Ethereum вскоре предстоит пройти “разворот тренда и резкий рост” до $1900 за единицу до конца 2019 года.

2018-9-28 10:31


Фото:

New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner

Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic.

2018-9-15 01:22


Фото:

У ASIC-майнеров для Ethereum от Bitmain появился конкурент

Компания Linzhi, созданная бывшим топ-разработчиком производителя майнингового оборудования Canaan Creative, сообщила о том, что в 2019 году планирует вывести на рынок новые ASIC-майнеры для Ethereum, которые значительно опережают по своим технологическим характеристикам продукты майнингового гиганта Bitmain.

2018-9-14 23:49


Фото:

DevCon 4 Will Set the Stage for Ethereum’s Next Milestone: Constantinople

Ethereum is embracing the Constantinople milestone at the end of November 2018, after DevCon4 in Prague. Constantinople is the latest Ethereum release, introduced through a hard fork, that will include five Ethereum Improvement Proposals (EIPs):Bitwise shifting instructions (EIP 145) in the Ethereum Virtual Machine (EVM) allow for direct manipulation of bytes on the EVM layer.

2018-9-11 18:15


Фото:

Подготовка к Casper: что будет с Proof-of-Work Эфириума до интеграции самого важного обновления?

Недавно разработчики Ethereum обсудили детали нового хардфорка Constantinople. Обновление Casper пока отложено до 2019 или 2020 года. Сервис Etherchain. org предоставил информацию о голосованиях за следующие EIP в сети криптовалюты.

2018-9-1 11:45


Фото:

Coinsquare To Enter European Markets By 2019, Bringing BTC, ETH And XRP With It

The biggest cryptocurrency exchange in Canada, Coinsquare, have announced in a press release that they now plan on entering European markets by Q4 2018, meaning that come 2019, Coinsquare should be readily available across a number of European countries, opening up for the trade of Bitcoin, Bitcoin Cash, Ethereum, Litecoin, XRP, Dogecoin and Dash.

2018-8-24 15:00


Фото:

Zilliqa (ZIL) Mainnet Launch Scheduled for Dec 2018/Jan 2019

It has been mentioned across the crypto-verse, that one of the best things to do during a bear market, is to concentrate on the latest developments of our favorite blockchain projects. Recapping on the last Zilliqa (ZIL) update, we find that the team at ZIL had reported on the following during the early days of August: […] The post Zilliqa (ZIL) Mainnet Launch Scheduled for Dec 2018/Jan 2019 appeared first on Ethereum World News.

2018-8-20 19:13


Фото:

Poll: Cryptocurrency Will Make Up 5% of U.S. Investing in 2019

Cryptocurrency–A new survey conducted by The Harris Poll has found that cryptocurrency represents a decent portion of the expected investment by Americans for 2019. Despite the continued decline in Bitcoin price and overall valuation for the crypto markets, outlook for future investment still remains strong as more Americans are planning to get involved in the […] The post Poll: Cryptocurrency Will Make Up 5% of U.

2018-8-10 03:31


Фото:

Jason Attar Takes Cryptocurrency to the Big Screen in New Mockumentary

Award-winning comedian, actor, writer and director Jason Attar is once again heading for the big screen with his new project KevCoin: The Movie. A follow-up to his previous film One Night in Powder, Attar will don the guise of his infamous character Kevin Powder — a rock star “fixer” who’s constantly trying to reinvent himself through wild schemes — and take on the world of digital finance as he seeks out fame and riches.

2018-6-11 22:31

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum’s Possible Futures ETF Approval: How Will Price React?

Amid industry-wide headwinds, Ethereum (ETH) bulls managed to defend the $1,600 support territory this week. Will the ETF Approval reports trigger a price rebound? The post Ethereum’s Possible Futures ETF Approval: How Will Price React? appeared first on BeInCrypto.