Ethereum Price Analysis - Relief rally more likely than lower lows
Josh Olszewicz
 Ethereum's price rise throughout 2017 was strongly influenced by the rise of numerous ICOs which brought about a new method of crowdsourcing. As ICOs minted ERC tokens and typically sold them for ETH, most have held onto their ETH and continue to do so. Each and every ICO that continues to hold large sums of ETH represents a potential for further price capitulation. ETH's price may remain stale from a fundamental standpoint until dApp use or Security Token Offerings gain in popularity. |  | NEws |  |  |
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