Altcoin Analyst Claims Ethereum Is Overpriced Despite 85% Decline From ATH

Altcoin Analyst Claims Ethereum Is Overpriced Despite 85% Decline From ATH

1f525

During the initial coin offering boom and the height of the crypto hype bubble in 2017, Ethereum’s price ballooned to as much as $1,400 per ETH at its peak.

Nearly two full years later, and the asset is still 85% down from its previous all-time high price, yet one crypto analyst claims that Ethereum is “overvalued” and looks “weak” on monthly price charts, suggesting another 40% fall could be…

View On WordPress