Ethereum (ETH) Appears Bullish Than Ever Despite Sell Pressure

Source: Cryptodaily.co.uk, originally published on .

https://cryptodaily.co.uk/2018/07/ethereum-eth-appears-bullish-than-ever-despite-sell-pressure/.

Ethereum (ETH) Appears Bullish Than Ever Despite Sell Pressure

Ethereum (ETH) has been under a lot of sell pressure recently as projects built on Ethereum (ETH) continue to dump their coins on exchanges. It recently happened with EOS (EOS) when company accounts dumped a big load of their Ethereum (ETH) coins on Bitfinex. The same is true of other ICOs conducted on the Ethereum (ETH) blockchain. To Ethereum (ETH) founders and developers, this would be the cost of doing business, which is perfectly fine long term.

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