EOSIO Induced Ether (ETH) Dump Wipes $5 Billion Off Ethereum: Ethereum (ETH) Price Analysis (May 29, 2018)

Yesterday’s Ethereum price movements were interesting. Within 70 minutes, Ethereum was down five percent in the process sliding to $500. That’s our previous support line and immediate bear targets in line with our previous analysis. Luckily for EOS supporters, it’s highly likely that EOS ETH dump is all but over now that their mainnet launch is less than three days away. If that is the case, ETH prices might steady.
From The News
From recent discussions at Reddit, Bitcointalk a