Ethereum - Bullish tendencies are still on the market

ETH quotes also moved higher, catching up behind Bitcoin; however, the leading altcoin is losing its value in correlation to BTC.

According to the 4-hour chart, bulls are not going to give the baton to bears. Comparing Ethereum with Bitcoin, the second most popular crypto has lost around 50% of its price over the last year. Respectively, the current rate is not the ceiling and the asset has efforts to rise higher. Thus, the MACD indicator confirms the bullish tendencies, suggesting the growth up to $320 until the end of June.