In today’s Ethereum news, we would be addressing the latest Ethereum price prediction 2019 as we search for answers to questions like; will Ethereum recover, why is Ethereum crashing and will Ethereum go back up? Even if the cryptocurrency market is unpredictable long-term, experts and analysts still give us hope by comparing technical and fundamental analysis. The latest Ethereum price prediction 2019 is that there will be an Ethereum bull run that will take the price of Ethereum to $2000 soon. Will Ethereum recover to $2000? What are the odds of Ethereum recovering to that level based on current trends?
Ethereum Price Prediction 2019: Ethereum Price Forecast In Ethereum News Today
At its all-time high, Ethereum did not go as high as $2000. However, Jason A. Williams, an industry leader and the co-founder of Morgan Creek Digital recently shared a new Ethereum price prediction 2019 from ScienceGuy9489. In this latest Ethereum world news, the analysts predicted that the price of Ethereum will go as high as $2000 by April 2019. He also said that Bitcoin will sell as high as $28,000 and Litecoin will sell as high as $650 in a crypto market bull run like no other.
According to ScienceGuy9489, the Ethereum bull run would start as soon as the 50 DMA crosses the 200 DMA on the charts. This is a solid technical point to support a Bitcoin bull run which will ripple into the entire cryptocurrency market. April is next month. Will Ethereum recover to $2000 within now and the end of April? We may have to wait and see.
Ethereum Price Prediction 2019: Ethereum Price Analysis Short-term
While we can’t confirm that the $2000 Ethereum price prediction 2019 by Williams is going to happen, we should not overlook the current and past bullish pressure in the market. Just like Litecoin, Ethereum has recovered significantly from its crypto winter low of about $80. Since it moves above the resistance at $100, the price of Ethereum has been recovering steadily against the USD.
Ethereum (ETH) Price Today – BTC / USD
The Ethereum Constantinople hard fork was a breath of fresh air that renewed the hope investors have in the Ethereum blockchain. It brought Ethereum one step closer to its final destination, Serenity. After the Serenity stage of Ethereum’s development is reached, it would be unstoppable. Ethereum would have sealed its position as the foremost decentralized computer in the world.
Yesterday, Ethereum, just like many other cryptocurrencies started trading in green against the USD. The price of Ethereum was able to overtake the resistance at $140 and was primed to surge higher after a brief correction. At the time of writing, all the technical indicators were bullish according to the Ethereum price analysis on NewsBtc.
On CoinMarketCapital, Ethereum is currently trading at $139.79. This means that it is up by 0.71% against the USD but losing its bullish momentum. Against the BTC, it is up by 0.06%. The trading volume over a 24 hour period is $4,739,996,715 and the market capitalization is $14,736,936,157.
What do you think about the latest Ethereum price prediction 2019? Will the Ethereum price forecast by Williams come to pass? Will Ethereum recover as high as $2000 in April? Share your thoughts in the comment section.