-
Ethereum Price (ETH) Starts Crucial Uptrend Versus Bitcoin (BTC)
In the past three days, there was a strong rally in bitcoin, litecoin, Ethereum, EOS, bitcoin cash, ripple, and others against the US Dollar. More importantly, ETH to BTC also started a decent recovery after trading as low as 0.0245BTC.Looking at the chart, the price gained bullish momentum after it broke the 0.0278BTC resistance and the 100 simple moving average (4-hours). There was a proper close above the 0.0280BTC level to start a decent uptrend. More importantly, there was a break above a major bearish trend line with resistance at 0.0288 on the 4-hours chart of the ETH/BTC pair. The pair even cleared the 76.4% ... (full story)