Chilling Fractal: Ethereum’s 150% Rally From March Lows Is About to Reverse

No multi-billion-dollar asset has performed quite as well as Ethereum over the past seven weeks. Since the $88 lows that were sustained after March’s “Black Thursday” crash, the cryptocurrency has rallied by 150%, reaching as high as $228 earlier today at the local peak of the ongoing rally. Many investors have been inclined to say that this is just the start of a greater move, citing the technical strength of the uptrend in Ether. But […]
Bitcoinist.com

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Author: toutiao