Express

Ethereum Rally Could Be In The Near Future, If It Can Hold Above $460

Emily Mason

Summary: Ethereum has been underperforming Bitcoin in recent weeks as BTC reaches yearly highs. Yesterday after Bitcoin briefly dropped below $16,000 traders sold off ETH until the currency dipped down to $440. Bitcoin has since recovered and is trading hands at $16,791. Ethereum is now trading at $460 and is up %3.33. One commentator noted in ...

Ethereum has been underperforming Bitcoin in recent weeks as BTC reaches yearly highs.

Yesterday after Bitcoin briefly dropped below $16,000 traders sold off ETH until the currency dipped down to $440. Bitcoin has since recovered and is trading hands at $16,791. Ethereum is now trading at $460 and is up %3.33.

One commentator noted in a tweet that they would like to see $460 flip into a support for Ethereum before they start betting long. Bitcoin's current strength could help Ethereum bulls to push ETH's price above $460 and spark a larger rally.

By Emily Mason

Last Update:

Tags: ,,,
Link: Ethereum Rally Could Be In The Near Future, If It Can Hold Above $460   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 9 hours ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 1 day ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • You need to login to comment.