Bitcoinist
2020-09-07 23:59:11

Investor: This Pyramid Scheme Is Keeping the Ethereum Price Afloat At $350

Ethereum has seen quite the volatility over recent months. After surging hundreds of percent from the March lows until the recent highs, the asset has undergone a strong 35% retracement. ETH remains much higher than it was just a few months ago, which is a bullish sign. Ethereum’s relatively high prices might not last for long, though. Prominent cryptocurrency investor and commentator Dovey Wan believes that ETH’s price action is being sustained by a pyramid […]

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