Ethereum set to gain in relative strength & should join Bitcoin in exceeding Sept highs
Oct 14, 2021
• 2
Min Read
Key Takeaways
- Ethereum looks to be starting to gain on Bitcoin after a near one-month period of underperformance throughout September
- Breakout in ETHUSD “Market-cap Dominance trends should help Ethereum to gain ground in relative strength and break out of highs just over 4000 from September
- Both ETHUSD and BTCUSD should gain further strength in the weeks ahead, and technically it looks right to own both near-term
Thursday’s push in ETHUSD to new multi-week highs exceeds the peaks of recent consolidation since last week, arguing for an immediate retest of September peaks at 4027.
Source: Trading...