The price of Ethereum’s Ether is continuing to show weakness against Bitcoin despite its latest rally above $400.
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The price of Ethereum’s Ether is continuing to show weakness against Bitcoin despite its latest rally above $400.
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Here’s 3 strategies pro traders use to produce profits regardless of the market’s direction.
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Bitcoin remains in an uptrend but is facing signs of exhaustion above $13,200, suggesting that a minor correction could drag altcoins lower.
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Bitcoin is showing signs of profit booking, resulting in a slight downturn in altcoin prices.
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Bitcoin hit a new 2020 high and altcoins rallied as PayPal announced that it will support crypto payments.
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Bitcoin price may rise to a new 52-week high if it can break above the ascending channel and this move could ignite the altcoins.
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Bitcoin and altcoins must rebound off their immediate support levels to recapture bullish momentum and resume the uptrend.
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After rallying 8.15% to $387, Ethereum price is fast approaching a key resistance at $400.
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YFI price is still in a downtrend and many investors believe all attempts at recovery are being suppressed by Alameda Research.
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On-chain data shows Ethereum miners saw a 39% surge in revenue as fees soared during the DeFi craze.
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