It hasn’t been an easy month for Ethereum in terms of its price. Similar to Bitcoin and other top markets, Ethereum has lost a fair bit of value and struggles to reclaim any of it. The past 24 hours offer a small glimpse of hope, although it remains to be seen if this can be sustained for more than a few hours on end.
There have been many discussions regarding the potential future of Ethereum in the price department. Although some people feel the token is vastly undervalued, others are pretty certain the current price is still too high. This creates for a very interesting situation, even though price speculators will not be too happy with the way things are going as of right now. No real uptrend has been sustained throughout January, and it seems unlikely next month will be any better.