Ethereum Price Forecast: ETH, Altcoins, & Trouble with Liquidity — Nigeria Today
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Ethereum Price Forecast: ETH, Altcoins, & Trouble with Liquidity

Ethereum News Update
Ethereum prices are down on Wednesday morning, but then again, so are prices for all the major cryptos. Bitcoin, Ripple, Litecoin, Cardano, Stellar—they all have flashing red numbers beside their names.

This is not surprising.

Cryptocurrencies are in a bear market right now. I expect the entire market to move in tandem, except when there’s specific news in the opposite direction. And that’s where things get weird.

One of the “altcoins” on Ethereum’s platform got very good news yesterday, yet its price was down 6.4% overnight. How is that possible?

Before we get to the price analysis, let’s backtrack for a moment. Which.

The post Ethereum Price Forecast: ETH, Altcoins, & Trouble with Liquidity appeared first on Profit Confidential.

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This post was syndicated from Cryptocurrency – Stock Market Advice | Investment Newsletters – Profit Confidential. Click here to read the full text on the original website.

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