04-11-2019 19:00 via newsbtc.com

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

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 ahead.
Inflating Ethereum: The ICO Boom, And Resulting Bubble Pop
Ethereum
Read more »