Ethereum (ETH-USD) is among the most-watched cryptocurrencies, for good reason. The world’s second-largest token continues to see significant buying interest, despite a near-term plunge this past weekend which saw the value of Ether drop from around $3,400 to end last month to as low as roughly $2,400 per token in the span of approximately 24 hours.
However, as I’m writing this, Ethereum has since made up more than half of its losses, and is clearly set for some impressive moves higher. That is, if the momentum we’ve seen play out over the past couple days can be sustained, and the macro environment improves.
Here’s more on why investors may want to consider Ethereum on its recent dip.
This post originally appeared at 24/7 Wall St.