At press time, the price of Ethereum sits at approximately . The Bitcoin rival is performing in a significant volume range, emphasizing the importance of retaining its price above this range. Ethereum is presently in a short-term bearish phase. Yet, this drop could act as a simple retracement of the underlying bullish momentum in the medium and long term. Considering the ETH dynamics side, it is not surprising that this top altcoin has been revised downwards. However, we can see a gradual stabilization, indicating the likelihood of an upcoming price recovery.
With this unconvincing run, certain Ethereum whales have now been found jumping ship to a new presale token that experts dub the best crypto to invest in today, Remittix ($RTX).
