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quantguy
Feb 9, 2021 12:53 PM

Ethereum Gets a Lift from Bitcoin News Long

Ethereum / U.S. dollarBitstamp

Description

Ethereum has broken out to new highs yet again. Indeed it seems the entire crypto market is getting a lift from the Tesla news and the Apple rumor. There does not seem to be as much momentum here as in Bitcoin. The Kovach OBV is actually fallen, and it is likely that ETH will retrace from here and feel out the range between $1497 and $1750. The next level is a Fibonacci extension at $1905.
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