Ethereum Looking Stronger

Ethereum Looking Stronger than Bitcoin?

Ethereum looking stronger than bitcoin price chart and might show more resistance to price drop despite low dominance share. The live Ethereum price today is $3,488.88 with a 24-hour trading volume of $18,865,405,352. Ethereum is down 0.57% in the last 24 hours with a live market cap of $411,341,595,455.

Ethereum looking stronger: Technical

Ethereum Chart usually mimics the Bitcoin Chart in price action and they both have positive cross-over of EMA in the bigger time frame as the October-effect has struck the market with a positive wave.

Ethereum looking stronger
Source: TradingView

Ethereum is ranging between Exponential Moving Averages of 20 as resistance above and 50 EMA acting as native support. If Bitcoin breaks the native support, Ethereum can descend to a lower blue rising trendline and might plunge to a lower highlighted support area. However, the chart is bullish due to the bigger time frame due to the seasonal pump.

About mnmansha

MN Mansha is a cryptocurrency expert, trader, and content writer with extensive experience in covering everything related to digital assets — from price analysis to Blockchain disruption. Mansha authored 100+ stories for and other fintech media outlets and he's actively writing more every day. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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