Ethereum Started to Recover: Best Performance of the Last 24 Hours
In the last 24 hours, Ethereum performed better than other crypto money with a high market value.
Ethereum was the best performing in the top 20 in the crypto money market, with a 17% rise in the last 24 hours.
The crypto money market did not host the bulls for a week since mid-November. Meanwhile, many crypto money fell to the lowest level of the year, and the market has not recovered during the day. Ethereum experienced one of the hardest decreases in the market due to the sale of ICO token in this process. Ethereum is currently showing a very strong performance compared to the RSI and MACD indicators. The impact of Ethereum’s recent performance is seen by many analysts as the closure of the short positions taken at the lowest prices in 2018 with the recent rises.
The founder of ConsenSys, Joseph Lubin, a prominent developer of Ethereum, tweeted the bulls this week. Expressing that the bottom point of 2018 reached Lubin, fear is dominant this year, but the recovery should start now, he said.
Although the crypto money market is the month of the month, we can say that the bull trend has strengthened recently. The buying movement seems to be quite strong in terms of Ethereum. Green candles continue to appear on hourly charts. ETH is trading at $ 133 when we prepare our news.
In recent days, the creator of Ethereum Vitalikor Butera 3 Blockcha the StartUp to crypto-currency denominated donated 300 thousand dollars was made . Prysmatic Labs received 1000 ETHs from ChainSafe Systems and Sigma Prime Buterin.