Spot rate: 445.36
Relative change: -3.10%
High: 461.40
Low: 441.30
Trend: Bearish
Support 1: 443.00, 38.2% Fibonacci & (support on 15-minute chart).
Support 2: 439.32, lower support of descending channel.
Support 3: 434.93, (support on 15-minute chart).
ETH is at a curious crossroads, pressured to a low price level, but also being central to the still strong ICO and dApp ecosystem. The Ethereum network, for all its flaws, attracts new projects almost constantly, and is currently hosting some of the first operational dApps. All other networks have fewer projects and dApps, and most run on promises.
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