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RE: The most bullish chart out there?

in #eth6 years ago

Despite all the FUD related to potential regulatory oversight in the US and other developed markets, Ethereum continues to be the go-to platform for ICOs so demand is someone a given for a good period of time. This should provide good price support and potentially a breakout if a catalyst occurs. As other platforms gain steem (pun intended), the demand can overwhelm the supply as markets are traded thinly with low volume as participants wait on the sidelines for prices to decide their direction.

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ETH certainly has the first-move advantage, no doubt about it. Now, as you say, if the upstarts can just establish themselves as legitimate contenders and start eating into its market share.