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Analysts Have High Hopes For Ether
Summary: CEO of DTAP Capital Dan Tapiero predicted in a recent tweet that once ETH breaks past it's resistance level at $300 investors can expect the coin to move quickly to $500. ETH is up 20% since the beginning of May. One of Tapiero's peers, Raoul Pal, remarked in a tweet earlier this week that Ether ...
CEO of DTAP Capital Dan Tapiero predicted in a recent tweet that once ETH breaks past it's resistance level at $300 investors can expect the coin to move quickly to $500.
ETH is up 20% since the beginning of May. One of Tapiero's peers, Raoul Pal, remarked in a tweet earlier this week that Ether may eventually out perform Bitcoin.
Spencer Noon of DTCC Capital also pointed out an array of strong signals for ETH including that the number of active ETH addresses has hit a two-year high and that Ethereum applications are quickly absorbing value, as reported by Cryptoslate.
By Emily Mason
