All cryptographic users wanted to see the encrypted market at the end of 2018 and at the moment it seems that after a very hard year for cryptocurrencies there is good news for them at the end of 2018. Especially for users of Ethereum (ETH) because many of the analysts they waited for Ethereum to come down. Tron's CEO (TRX), Justin Sun in a tweet said that the time of Ethereum (ETH) is about to end and has criticized the functioning of the ETH development team and can not even keep up with the DApp, Sun has declared:
"Ethereum and ConsenSy are slowly imploding, the 60% layoff and the 90% drop in price are just beginning.This is what happens when you can not keep up with DApps and without funding! the project will be started and shut down next time Do not go down with the ship. "
Well, the current market surge of Ethereum (ETH) has closed its critics and surprised most of the crypto users. It's good to see Ethereum back trading at $ 150 after a long time. After touching the lowest price of $ 82 out of 15th December is really a huge improvement on the part of Ethereum (ETH).
The market of last week is gaining momentum and this is due to Bitcoin (BTC) in a recent increase. After Bitcoin reached the lowest price of $ 3,150 USD this year, it returned to $ 4,200 USD. This shows that the bull run started to start with small increases. So, the upward trend of BTC is really pushing the market up and going well for other currencies.
Over the past seven days, Ethereum (ETH) has increased up to 71% and this upward trend to allow the currency to pass XRP and earn its lost spot at number 2. If ETH brings its current momentum into the next 48 hours, so we can see it pass XRP, which will be huge for Ethereum. This will be a great call for ETH before it enters the new year.
Increasing from $ 82 USD to $ 150 USD for about a week, this is why cryptoanalysts expect cryptoanalysts to expect Ethereum (ETH) to pass XRP. ETH co-founder Joseph Lubin said the sky is not falling and from his point of view, the future of Ethereum seems pretty bright. He added that by entering 2019, if people are wearing they can not see anything positive for Ethereum, they should wear nuances. He meant that they needed to see Ethereum (ETH) in depth. ETH has the ability to go back and the technology is still there if it has had a bad year, it does not mean it could not regrow.
The recent increase is one of the indicators that the Ethereum (ETH) has been a surprising factor for users in the coming year and we could see ETH returning to its previous form in a bull run. At the time of writing, Ethereum (ETH) traded at a price of $ 148 USD with a market capitalization of $ 15.4 billion and a trading volume of nearly $ 4 billion. There is a big difference between the XRP's and the market capitalization of ETH, so if Ethereum continues to perform this way for some time, we could see it again on the 2ndND locate. Ethereum (ETH) had increased up to 15% in the last 24 hours.