Will we see the $400 soon again?
Who would have imagined that Ethereum, which was traded for as low as 7 USD at the beginning of this year would be likely to crack the 400 USD line at the end of the year? Of course, now it´s easy for everyone to say that he or she knew it all the time but let´s be honest, probably no one thought of such a high value...
Having a look at the price development you may see that Ethereum actually cracked the 400 USD already in the beginning of June but crashed afterwards and got into a downwards trend which reached it´s low at about 150 USD just about a month later. Luckily from then on it climbed up the ladder continuously reaching a price of more than 295 USD at the very moment.
So what do you think? Will Ethereum reach the 400 USD within the end of the year, will it be dumped to ways lower values due to investors securing their profits or might it simply stay around the same value for the next weeks?
I´d really be interested into your opinions! That being said, I believe that it will continue to climb while cracking the 350 USD within the next 7 days.