ETH Shows Strength

Written By Guest User

Ethereum 4-hour candle chart, approximately 5:15 pm, 11/29/21.

Ethereum is trending upwards fairly strongly on its 4-hour candle chart. Both the MACD and the MFI are trending upwards and BTC is also showing gains in price. Ethereum dominance is now up to 20.1% as ETH is outpacing BTC. The overall cryptocurrency market is now over $2.6 trillion and its volume is now over $111 billion.

ETH to BTC ratio, approximately 5:41pm ET, 11/29/21.

The ETH to BTC ratio is preparing to test resistance once again. It’s likely that ETH will see a breakout in its ratio to BTC if this breaks above. This could mean that ETH could strongly outpace BTC in the short-term if resistance is broken.

Guest User
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