This Fractal Suggests Ethereum is About to Enter a Parabolic Growth Phase
Ethereum has been caught in the throes of an intense bull trend throughout the past few days and weeks, which has helped erase its trend of underperformance Where the cryptocurrency trends in the days and weeks ahead will depend largely on Bitcoin and whether or not it can remain stable in the mid-$18,000 region Each selloff faced by the benchmark crypto has been fleeting and followed by upside, which is a bullish trend One trader […]
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The rug was just pulled across crypto, wiping out gains from the past week and then some. Bitcoin is now back at prices from March, and is at risk of falling deeper into a bear phase according to a fractal found in the recent price action. What’s notable, is that the same fractal suggests that […]
Ethereum has posted some mixed price action throughout the past few days, testing its all-time highs earlier this week before facing a swift selloff overnight The timing of the BTC selloff that placed pressure on ETH was unfortunate, as it has led ETH to mark its highs as a local top This means that the […]
Bitcoin has undergone a strong rally over the past two weeks, rallying to $13,800. This consolidation may soon end, fractals suggest. These fractals showed that BTC will enter a parabolic surge higher that will likely bring it towards $15,000. Assuming the fractal plays out to a T, this rally could begin as soon as tomorrow. Bitcoin Likely to Continue Higher, Fractal Predicts Bitcoin has undergone a strong rally over the past two weeks. The coin […]
Bitcoin is trading at over $20,000, but the start of what might be the first real correction since the uptrend first began could be forming. However, looking more closely at the DXY Dollar Currency Index, the leading cryptocurrency by market cap could be in for another extended bear phase if a fractal on the dollar […]
Ethereum has been closely tracking Bitcoin’s price action as of late, which has primarily led it to enter a prolonged consolidation phase The cryptocurrency’s price action has favored altcoins in recent times, as the stability seen by both ETH and BTC has allowed smaller digital assets to post massive gains Where ETH trends in the near-term will likely depend on Bitcoin, but the resurgence in the DeFi trend could give rise to an Ethereum price […]