Ethereum (ETH/USD) Strength Outshining Bitcoin (BTC/USD) Recovery
From dailyfx.com
Cryptocurrencies are continuing to show hints of recovery after a really rough two-week-stretch. That recovery does appear to be a little brighter in Ethereum at the moment, which highlights a bigger theme that’s become more prevalent in 2021 as Ether is appearing to steal some of the crypto spotlight from the titan of Bitcoin. At this point, there could be a bullish justification for Ethereum given the hold at higher-low support around the 50% Fibonacci retracement of the recent major move, spanning from the Jan 11 low up to the May high. {chart} Bitcoin, on the other hand, doesn’t look as healthy as there’s been a ...
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