Post BTC Miami Conference, Ethereum Trending Strong Instead
Ethereum's price action has been relatively stronger in comparison to Bitcoin for the past few weeks.
Despite the downturn that it experienced alongside the broader market, both ETH/BTC (not shown here) and the ETH/USD chart (shown here) trended positively.
ETH/USD is still creating an ascending triangle as of the time of writing, potentially breaking above back to the $3,000-$3,200 range if momentum sustains.
ETH/BTC is ~0.077 as of the time of writing, inching closer back to its previous local high at ~0.082.
Fundamentally, Ethereum (ETH) also has a few catalysts:
- Minter Listing (6.7.2021)
- Ropsten Testnet (6.9.2021)
- Goerli Testnet (6.16.2021)
- Rinkeby Testnet (6.23.2021)
- London Hard Fork (7.31.2021)
Despite the downturn that it experienced alongside the broader market, both ETH/BTC (not shown here) and the ETH/USD chart (shown here) trended positively.
ETH/USD is still creating an ascending triangle as of the time of writing, potentially breaking above back to the $3,000-$3,200 range if momentum sustains.
ETH/BTC is ~0.077 as of the time of writing, inching closer back to its previous local high at ~0.082.
Fundamentally, Ethereum (ETH) also has a few catalysts:
- Minter Listing (6.7.2021)
- Ropsten Testnet (6.9.2021)
- Goerli Testnet (6.16.2021)
- Rinkeby Testnet (6.23.2021)
- London Hard Fork (7.31.2021)
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