All eyes may be on Bitcoin (BTC), but analysts suggest that it may be time to pay attention to Ethereum (ETH). The second-largest cryptocurrency has recently struggled with the BTC, with a similar decline in market leader.
Like Bitcoin, ETH is stagnating, but technical indicators indicate an immediate change in assets. And fortunately for the poor, the market bias seems to be going up, not down.
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Is Ethereum ready to exit?
Popular technology analyst Crypto Thies has recently reminded its followers to pay attention to ETH. In an article published Friday evening, he noted that there is some variation in the Directional Index (DMI) and average volume on historical media.
Although Thiese did not say in what direction Ethereum was going to go, he merely disclosed the facts and gave the reader a decision – there appear to be more technical indicators in the larger presence. He posted on graphs: Exploding his own signal, Market God. The one-day buy signal that followed the sharp rise and posted a sell signal for the 12-hour bitcoin dominance chart. This implies that ETH will have some power in the coming weeks.