Ethereum broke below $450 over night, recovering to $470 this morning before falling back to the $450-460 range.

I see the price breaking below $450, into the $420 range mid-week – possibly testing $400 – before a rise this weekend.

Timing the bottom is incredibly difficult, my advice remains the same.  Buy at sub $500 levels, DCA’ing as the price goes lower.

Great News for Ethereum-based Tokens

Last night Coinbase wrote a post announcing the addition of ERC-20 support.  Basically this means Coinbase will soon be adding new, Ethereum-blockchain based coins.

I’ve been excited about this for awhile and believe holding the coins with a high probability of being added to Coinbase is a HUGE OPPORTUNITY.

Since the announcement we’ve seen big gains from some of – in my opinion – the most likely ERC-20 coin additions –

BAT (Basic Attention Token)  $.25; +25% vs. Yesterday

ZRX (0x Decentralized Exchange Protocol) $.68; +14% vs. Yesterday

These are two of the most promising projects in the space;  When I recommend coins to friends/family – outside ETH, I always point to BAT and ZRX.

Full disclosure – I’m invested in both… obviously.

In a follow up post tomorrow I’ll go more in-depth about the reasons why I think these two coins have massive potential.

I  believe that once they appear on Coinbase the pump will be legendary.  Huge potential with these two coins at the price points they are at currently.

To illustrate that point, check out the zoomed out view of these coins just to understand how much potential they have:

BAT (Basic Attention Token)  -77% vs. ATH

ZRX (0x Decentralized Exchange Protocol) -72% vs. ATH

Look forward to more in-depth posts about BAT and ZRX, along with other coins, starting tomorrow.

———

Accumulate ETH at levels under $500, BAT under .30, ZRX under .80