• Home
  • Live Data
  • Events
Home Video Ethereum's High, High Hopes May be Shattering

Shutterstock

Ethereum’s High, High Hopes May be Shattering

-

Today’s Video Briefing takes a look at the latest bump in Ethereum’s wild ride. The price of ether tokens is back in double digit territory, after a year-long bubble that saw it crossing the thousand-dollar mark. Despite some very high hopes, the platform has not been able to handle serious levels of throughput, even from comparatively small decentralized applications.

Kiana takes a look at some of the new technologies that could give Ethereum a new lease on life, with higher levels of transaction throughput and a greener footprint. “Ethereum 2.0” could be a game changer. Let’s just hope it doesn’t arrive after the game is already over.

Then Kiana takes a look at the daily chart to see how deep this drop can go. As the $80 support line weakens, the ether token could threaten even further declines. It might look like the end of the road for Ethereum, but looks can be deceiving.

SIMETRI Research

 

Is there hope for Ethereum, or is the bubble popped for good? Let us know what you think! 

 

 

DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

Kiana Danial
Kiana Danialhttps://www.investdiva.com/
Kiana is an experienced crypto and forex trader who is currently writing 'Cryptocurrency Investing For Dummies'. She is also the CEO of Invest Diva, and "Invest Diva's Guide to Making Money in Forex" was picked by McGraw-Hill and became an immediate international success.

JOIN OUR COMMUNITY!

Join the conversation on Telegram and Twitter!

8,109FollowersFollow
1,314SubscribersSubscribe

More News & Analysis

Get The Best Of Crypto Briefing!

Crypto news flashes, new DARE research, upcoming mainnet launches, market reports, and much more!

X
X