ETHEREUM - Either Now or at 5000$ Expect a correction

12 Nov 2021

Ethereum is valued at 550,000,000 (billion) dollars today and some expect that it will even overtake Bitcoin at some point in time.

For example, Kenneth Griffin, billionaire CEO of American hedge fund Citadel, thinks a currency on the Ethereum network will replace Bitcoin (BTC) as crypto’s top dog. Citadel manages over $40 billion of capital — a quarter of the trading volume in the United States stock market.

Then again the so called Ethereum killers are a potential threat and will remain a danger for Ethereum, as you all know.

We are all entitled to an opinion here but i rather look at the chart and listen to my TA:

Either now or at the 5k psychological reisstance, Ethereum could be a up for another correction (healthy one).

One love,

the FXPROFESSOR


PS. Keep an eye on the indices. Especially the SP500. If that does well cryptos might follow...unless it's bad news there, then crypto will definitely follow. Be on Alert now