Ethereum breaks out against Bitcoin: Is a strong bull rally in the works?

Ethereum breaks out against Bitcoin: Is a strong bull rally in the works?

The price of Ether broke out against Bitcoin for the first time in almost a month as its technical momentum strengthens. Ether's (ETH) price has broken out for the first time in 23 days in its Bitcoin (BTC) pair. It follows a high-profile announcement from Visa to use USDC, a stablecoin based on the Ethereum blockchain.Although ETH/BTC saw a strong technical breakout, the uptrend has been fueled by firm fundamental catalysts, buoying the short-term bull case for ETH.Traders think Ethereum will outperform Bitcoin in AprilAccording to the pseudonymous trader known as "Rekt Capital," Ethereum....


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STEPN to new highs? GMT price painting first 'bull flag' toward $5 target

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Bitcoin and Ethereum Are Not Tipping Their Hands Yet

As these words are being typed, it seems Bitcoin wants to rally and ethereum is looking weak. This proves the wisdom of waiting for confirmation before executing a trade. Readers of yesterday’s column will recall that I ended by saying I was prepared to buy ethereum and/or ethxbt, but suggested I would wait for confirmation. As of now that confirmation has still not come. In fact, there are few concrete signals (that I can see) to indicate which way these currencies are going to break, so I for one will wait on the sidelines until a trend asserts itself. What might constitute a CLEAR AND....