Fractal Suggests Ethereum May Face Further Chop Before Seeing Parabolic Rally
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 […]
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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 has strongly outpaced Ethereum in the past month. In the past 30 days, BTC has gained approximately 50% as ETH has only rallied by 20-30%. Analysts think that this gap will be closed in the months ahead as Ethereum is boosted higher by technical and fundamental trends. Bitcoin Fractal Analysis Indicates Ethereum to Rally Strongly Next Bitcoin has strongly outpaced Ethereum in the past month. In the past 30 days, BTC has gained approximately […]
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 […]
XRP has given up a serious percentage of its recent gains, with the cryptocurrency’s parabolic rally fading and showing few signs of strength as sellers rise with full force. The cryptocurrency’s parabolic rally came about shortly after it plunged to lows of $0.23 before rallying to the top of its multi-year trading range around $0.30. […]
Bitcoin today smashed above $20,000 and recaptured mainstream media headlines everywhere. FOMO is now full steam, and there’s no telling where the cryptocurrency might stop – unless a fractal forming plays out exactly as it has in past instances of the repeating pattern. Bulls need to fear not, however, as the same fractal suggests that […]