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Ethereum Price Analysis – Immediate upside likely

Ethereum (ETH) now has a US$29billion market capitalization, second only to Bitcoin’s US$69 billion. ETH is also the second highest trading digital cryptocurrency or asset by volume, below Bitcoin and above Ripple.

ETH has had a wild ride this month, dropping from all-time highs around US$400 to US$200. The cryptocurrency has since rallied and currently trades around US$300.

Ethereum (ETH) now has a US$29billion market capitalization, second only to Bitcoin’s US$69 billion. ETH is also the second highest trading digital cryptocurrency or asset by volume, below Bitcoin and above Ripple.

ETH has had a wild ride this month, dropping from all-time highs around US$400 to US$200. The cryptocurrency has since rallied and currently trades around US$300.