Ethereum showing interesting price action.
If you look at the entire crypto market cap (price index), you'll notice that the total value is hanging around 200B and indicating strong support (accumulation). This might be something to consider as we move into the final months of the year.
On top of that, we have a stock market that is increasing in volatility (for the second time in 2018). If this volatility continues then i think there is a potential downtrend forming in the stock market. Not that i would allocate 100% to cryptos, but i think this current price area for #bitcoin and #ethereum is quite attractive for an upside play (that is incentivized by a struggling stock market).
On top of that, we have a stock market that is increasing in volatility (for the second time in 2018). If this volatility continues then i think there is a potential downtrend forming in the stock market. Not that i would allocate 100% to cryptos, but i think this current price area for #bitcoin and #ethereum is quite attractive for an upside play (that is incentivized by a struggling stock market).
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