Afternoon all, Is ETH the new KING of CRYPTO? Today I am following on from the post last week regarding our Bitcoin buy and also the pattern I noticed compared to ETH. As you can see from the charts the left hand side is Bitcoin which is currently dropping in value, the structure hasn't been broken yet but still lagging behind. Still holding longs in profit on BTC. To the right is ETH which seems to have found its support of 1500. Also with trading above the moving averages, the recent gains seem to be more sustained. What are your thoughts, is ETH the new KING?
Thanks for this informative post. Yes, ETH has been doing well. However, I still believe Bitcoin is the king. At the moment, it is under pressure. It may start doing well within some months.