27-05-2024 21:30 via newsbtc.com

ETH/BTC Bounces From A 7-Year Support Trend Line: Ethereum To $4,900?

After a crucial week for Ethereum, a technical candlestick arrangement shows that ETH prices could prepare for a sharp upturn in the coming weeks and months.Pointing out events in the monthly chart, one analyst notes that the ETH/BTC ratio reverses from a multi-year support trend line. Usually, the analyst continued, when prices bounce from this line, altcoin prices tend to react, trending higher. ETH/BTC Rising From Crucial Support Trend Line
The ETH/BTC is a ratio closely monitored by tec
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