Past Performance of ETHBTC
Ethereum is technically bullish versus BTC, especially if the price action of H2 2022 leads. Presently, Bitcoin prices appear firm but inside a descending wedge, that is, a bull flag. The primary support is at 0.070 BTC, while the resistance is 0.075 BTC.
#ETHBTC Technical Analysis
ETH buyers are in control, per the formation in the...
Past Performance of ETHBTC
ETHBTC remains wavy in a broad, multi-week trade range as Ethereum bulls dominate. Per the performance in the daily chart, there could be more for buyers to gain in the days ahead, considering the general resilience of ETH bulls. Therefore, guided by this, every low above 0.065 BTC, or October lows, may offer support to optimistic...
Past Performance of ETHBTC
From the daily chart, ETH buyers have the upper hand and posting gains versus BTC at critical support levels. The bounce of Ethereum prices follows weeks of sharp losses, especially in September when the coin dropped roughly 22 percent, recoiling from September 2022 highs. At spot rates, there are hints of trend resumption. Nonetheless,...
Past Performance of ETHBTC
ETH bulls are in the driving seat when writing, reading from the formation in the daily chart. For context, ETH has outperformed BTC in the last two months, adding an impressive 65 percent. Although ETH is currently down, prices are above the dynamic support line, which is the middle BB, and if they press on, they would likely reclaim...
