cryptolopolis

ETH/USD has been lagging, ready to make a jump?

Long
COINBASE:ETHUSD   Ethereum
Perhaps Crypto Kitties and network congestion is the reason Ether hasn't made and held the same gains in the last few days as BTC and LTC. And if that's the case, failure to solve the congestion problem could be the thing that prevents this from coming true. If, however, investors see ETH as slightly undervalued compared to it's peers, I think it's reasonable to expect to see about a $100 jump in price over the course of 1-3 days kicking off anytime between today and the end of the week.

If congestion is keeping people away (possible... I personally keep track of the technology news behind the crypto, but I'm not so sure that everyone else does) and/or everyone decides they want to do some profit taking in order to get in on the MIOTA moon shot, we could see this go the other way and drop a hundred bucks. I see that as slightly less likely unless there is an overall market retraction (overdue, in my opinion, but cryptos seem to keep defying the odds)

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