Ethereum is Gearing Up for a Massive Breakout; Here’s How High It May Surge
Ethereum has been seriously underperforming Bitcoin over the past few weeks, which comes as most altcoins lose significant value against BTC ETH has seen a few sharp rises that have helped it to buck this trend and gain some ground against BTC However, it has still been generally unable to keep up with Bitcoin’s massive momentum This trend may not last for long, however, as one analyst is now pointing to a few factors that […]
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Profit-taking investors are probably enjoying as Ethereum rises to a new all-time high while some await a price correction to accumulate holdings. Price corrections and bottoms are, after all, inherent for cryptocurrencies, Ethereum inclusive. However, Chris Burniske, a partner at Placeholder VC, tells his Twitter followers to surrender expectations for a price correction on Ethereum. In his tweet, the venture capitalist said Ethereum is gearing up for a massive long-term rally. Burniske was the analyst who correctly predicted the November 2022 crypto assets bottom. He noted that....
Ethereum has seen some notable strength today despite Bitcoin’s lackluster price action This has allowed it to gain some serious ground on its BTC trading pair, and the crypto is on the cusp of seeing a massive breakout Where it trends in the mid-term will undoubtedly depend at least partially on whether or not bulls […]
Ethereum saw a massive breakout rally today that came about alongside Bitcoin BTC’s surge from $32,000 to highs of $38,500 came about as the result of Elon Musk changing his Twitter bio to “#Bitcoin” and calling the change “inevitable” in hindsight This dragged all the major altcoins higher, but the focus remains on Bitcoin for […]
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