19-02-2020 00:00 via newsbtc.com

This Pattern Suggests Ethereum’s Rally is Far from Over; Here’s How High It May Go

It’s no secret that Ethereum has been one of the best performing major altcoins of 2020, with its rally turning parabolic after it broke above $200. This parabolic rally – which occurred over the span of roughly two weeks – allowed ETH to surge as high as $290.
Although the crypto’s parabolic uptrend has stalled in the time since, its subsequent retrace has been fairly tempered, with ETH finding some significant support around $250.
Now, one prominent analyst is noting th
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