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Ethereum (ETH) Price Awakens, New Highs or Downturn Ahead?

 Ethereum (ETH) Price Awakens, New Highs or Downturn Ahead?
Ethereum (ETH) Price Awakens, New Highs or Downturn Ahead?

(ETH) rallied this Monday, once again recovering the $300, but the asset is seen as going through a decisive phase, either hiking up to a much higher valuation or sinking toward $280.

ETH is up 7.4% in the past 24 hours, to $309.67. At the current price levels, ETH is seen potentially continuing toward the $400 level:

ETH has several bullish factors, including the phasing out of mining in 2020. But another bullish factor is the news of a drastic drop in new ETH issuance from 2021. The intentions are to reduce the bl…

This article appeared first on Cryptovest

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