Ethereum To Post a Massively Bullish Signal?

Ethereum to crank things up? So it may seem:


  • Ethereum has seen some immense strength in the time following its capitulatory plunge towards $1,000
  • The cryptocurrency’s V-shaped recovery has allowed it to gain serious ground against Bitcoin, even posting a massive breakout against the benchmark crypto
  • Where it trends next will undoubtedly depend largely on whether or not bulls can maintain their control over the market
  • BTC remaining stable is also important, as any intense BTC selloff could create headwinds that hamper ETH’s near-term growth
  • One analyst is now noting that Ethereum is on the cusp of posting an incredibly bullish long entry signal
  • If confirmed, this could be a sign that ETH’s uptrend is just getting started


Master Asked on January 24, 2021 in Cryptocurrency.
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