Struggle to Hold Ethereum price above $ 100 as Crypto Grow More Frigid Winter

Since the round-up report last crypto our market on Friday, the climate has changed significantly for at least one major cryptocurrency: Ethereum. All eyes were on Ether for pushing closer and closer to the $ 100 mark. Bitcoin, meanwhile, briefly crossed the threshold of $ 3,400. According to many, the price of Bitcoin works on test the $ 3,000, which is an indicator of psychological and markets.

Bitcoin PRICE likely to test $ 3,000

3-day chart Bitcoin prices look a little hell if you're a bull in this cold weather.

Bitcoin has lost $ 200 over the past three days.

Bitcoin has lost $ 200 over the past three days. Average users and traders will feel the difference like this. Momentum appears to be dying in every shape drastically. It seems a strong possibility that resurgences as we have seen the last day and a half just bots "buy the dip," without the foresight to see that the cheaper price possible on the horizon.

Then again, this is a crypto, and they may not.

ETHEREUM PRICE FALL INTO THE EYES DOUBLE-DIGIT

No one had a bad week of Ethereum, however. When we last did a market round-up Friday, Ether trying to maintain $ 120 and $ 118, and a few dollars lower, the whole market.

Ethereum down from $ 111 to $ 105 for a 24-hour period.

Over the weekend things got nasty. A 24-hour period at press time even worse. Ether was opened in Coinbase 24 hours ago around $ 111, but now it's around $ 105.

Sub- $ 100 Ether may be true next week. The lack of new ICOS to generate demand for Ethereum is part of the problem here. The lack of use of decentralized application, which creates a demand for the ""gas"" (Ethereum used to pay for transaction processing token) also figure into it. Increasing either of these will create new demand for Ethereum.

If you hold a long-term like this reporter, however, you appreciate Ether discount. Perhaps the only concern for the long tail really believe Ether is the value of the dilution that will be made by the system Proof-of-Stake in the near future. tokenized systems are bound to find their true market.

EOS RE-TAKES FOURTH PLACE

Yesterday, CCN reported that EOS has been displaced by Tether. It is caused by damage done to the EOS price than to the growth of the market capitalization on the part of the Tether. In fact, as the report says, Tether relatively stagnant compared to the new stablecoins growing at a regular pace.

EOS saw an increase of 10 cents on a 24-hour charts, most recently.

EOS see a rebound of 10 cents during the last few hours of trading, with volume of more than $ 800 million.

Litecoin struggling for $ 30 MARK HOLDING

Comparatively, litecoin seems to be in a holding pattern on trading volume more than two times the amount traded Tron ($ 716 million versus $ 287 million).

What if litecoin holds his $ 30 + price while Bitcoin fell below $ 3,000?

Litecoin round day out at an average of about $ 31.20. Coinbase have slightly cheaper, at $ 30.90.

Litecoin historically followed Bitcoin, either up a mountain or a valley. What may be interesting is if litecoin maintain its target of $ 30 as a potentially Bitcoin regression under $ 3,000.