TLDR; Buy some ethereum
We may see a big price increase for Ethereum in the next coming days, the overall FUD around hacks and other issues got Ethereum to be a little oversold during the last week.
Btc is performing amazingly well and all the other alts will benefit from it next week, Ethereum will be a piece of choice for most traders as it's undervalued at the moment. (210 $)
$ETH price prediction -> will get corrected to 300 $ in the next 4 days.
I don't believe in any chart analysis, it's pure speculation. But ETH was slow compared to BTC in the last 2 days, it may go up against it, as it did before. But everybody is concerned before 1st August. The issue is not solved.
You dont have to "believe" in technical analysis, it's just a tool to help you understand the dynamic of a market. Everything in a market is pure speculation, TA is a tool to speculate.
Now, I prefere Steem and Litecoin :)
All alt coins are a good buy at the moment
Nice post. I was about to post a similair post. The price of a coin should depend on the quality of the product, the team behind it, if proffesional investors believe in it, and a lot more facets. Besides coinmarketcap.com there is: https://www.coincheckup.com Supposingly they researched every crypto coin in the scene based on: the team, the product, advisors, community, the business and the business model. They even score the coins stengths. Go to: https://www.coincheckup.com/coins/Ethereum#analysis For the Ethereum Detailed analysis