Home / Ethereum / Fundstrat’s Tom Lee By Cryptovest

Fundstrat’s Tom Lee By Cryptovest



Ethereum (ETH) Due for Big Comeback: Fundstrat’s Tom Lee

, currently suffering from a large-scale sell-off after the cryptocurrency market tanked this year, is poised to bounce back in a big way, according to Tom Lee of Fundstrat Global Advisors.

As per a report by Bloomberg, Lee – managing partner and head of research at Fundstrat – wrote the following in a note to clients:

“Ethereum is about to stage a trend reversal and rally strongly. Sentiment is currently overly negative.”

The beleaguered digital coin is currently the second largest cryptocurrency by market cap (although this spot has recently been

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.




Source link