Despite a recent correction and profit-taking with bitcoin, the top five coins by market capitalization continue showing extremely strong gains. Ether ETH has risen over 100 since April 24th and has made new all-time highs ATH in market capitalization every day. Hash rate however has slowed slightly, currently sitting near its ATH.Based on inflation, Ethereum needs a significant infusion of cash per day to keep up with block rewards to remain at its current price. This could be some cause for

Source and More information: Ether Price Update Technicals Indicate $100 ETH Is Within Reach

Author: CryptScout.com