Why traders say Ethereum will continue to outperform Bitcoin in the short-term

2021-2-20 18:32

Traders are seemingly expecting Ethereum to continue to rack up gains against Bitcoin. The post Why traders say Ethereum will continue to outperform Bitcoin in the short-term appeared first on CryptoSlate.

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continue ethereum traders bitcoin short-term outperform say

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Daily Ethereum (ETH) Transactions Outstrip Bitcoin’s (BTC) by Over $3B

Ethereum’s title as the most active blockchain network is becoming increasingly reinforced as network activity on the chain is now fully ahead of Bitcoin. Stablecoin and decentralized finance (DeFi) transactions continue to catapult Ethereum’s economic activity count but often at the expense of high gas costs leading to renewed clamor for Layer-2 (L2) solutions thatRead More

2021-1-20 21:00


Ethereum Bulls Defend Key Support as Market Retraces; What to Watch For

Ethereum has been caught in a wild bout of turbulence these past few days, primarily because of its recent breakout rally that allowed it to gain serious ground against Bitcoin The cryptocurrency has been able to flip the crucial $1,000 level into support, and bulls are in the process of defending it presently It is imperative that bulls can continue defending this level in the near-term, as any dip below it could lead to a […]

2021-1-6 23:00


These Key Factors All Point to an Imminent Bitcoin Rally: Analyst Claims

It has been a turbulent past day for the crypto markets, with Ethereum and most other major digital assets all seeing intense selloffs yesterday Bitcoin was able to avoid seeing any intense decline, with buyers ardently defending its price from breaking below $23,000 The buying pressure here has proven to be quite intense and may continue bolstering its price action for the days and weeks to come One analyst is also noting that its mid-term […]

2020-12-27 21:00


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Analyst Who Called for $650 Ethereum Thinks This is Coming Next

Ethereum has been lagging behind Bitcoin as of late, not being able to match the immense gains seen by the benchmark cryptocurrency This trend has come about due to Bitcoin sucking the oxygen out of the room, with the benchmark crypto outperforming just about every major altcoin as of late If this trend persists, Ethereum could continue posting relative weakness on its BTC trading pair, hampering the growth it sees against the dollar as well […]

2020-12-20 01:00


Analyst: Ethereum Likely to Target $780 as Technical Strength Grows

Ethereum has seen some lackluster price action throughout the past few days, which comes as Bitcoin leads the crypto market into a consolidation phase The crypto will likely continue seeing some sideways trading until BTC finds some clear directionality The pivotal level for ETH at the moment appears to be $600, as the selling pressure here has proven to be significant in the past Each break above this level has been short-lived and followed by […]

2020-12-8 23:00


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Etherereum Faces a Slight Selloff as Analysts Eye Downside Move to $550

Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […]

2020-12-5 23:00