More upside for ETH trying to catch-up with BTC (target = 0.500)
ETHBTC is a great leading indicator to determine the direction of the major crypto's.
This chart clearly shows more upside for ETH at the expense of BTC.
Given the big surges in BTC lately and the relative consolidation of ETH it is to be expected that ETH will try to move up in sympathy.
Bottomline: ETH is the crypto where we expect inflows and thus a price increase.
First target is 0.40, then 0.50.
This chart clearly shows more upside for ETH at the expense of BTC.
Given the big surges in BTC lately and the relative consolidation of ETH it is to be expected that ETH will try to move up in sympathy.
Bottomline: ETH is the crypto where we expect inflows and thus a price increase.
First target is 0.40, then 0.50.
Sultan of Swing
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