Ethereum has had a solid weekend with further gains lifting it towards $200. Network fundamentals have also been strong so far this year which has seen ETH gain 45%.
Ethereum Up 5%
ETH prices have gained 5% over the past 24 hours, topping $190 for the first time since early November. According to Tradingview.com Ethereum touched $195 briefly before pulling back slightly a few hours ago.
Prices started out in January at around $130 and have since made over 45% to reach current levels. The psychological $200 barrier lies ahead and beyond that, analysts are targeting $220.
Ethereum is still attractively priced at 86% down from its peak and can still be considered in a bear market. This will remain the case until it can top $400 which may well happen this year.
ETH Trade update 50% profit booking target for COINBASE:ETHUSD by…
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