The year 2018 has not been kind to any cryptocurrency or digital asset. Things will not necessarily improve in the near future either, primarily because most other currencies derive value from Bitcoin first and foremost. In the case of Ethereum, once valued at over $1,200, things are not looking too great right now. A small nudge in the wrong direction can send its value into the double-digit range.
As all cryptocurrencies continue to struggle for traction, the year 2018 will most likely not end on a high note. That is somewhat unfortunate, especially when considering how things looked in January and February. Ever since that time, things have not gone according to plan by any means. Especially where the Ethereum price is concerned, things are not looking too great under the current circumstances.