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)