Home Ethereum Ethereum vs Bitcoin: Ethereum just printed at its highest level against Bitcoin in 7 months – FXStreet

Ethereum vs Bitcoin: Ethereum just printed at its highest level against Bitcoin in 7 months – FXStreet

by admin

Ethereum has just printed at its highest level in 7 months compared to Bitcoin. 

The ETH/BTC chart below has shown increased volume in the past few sessions.

The next important resistance level on the upside is 0.02981. This level was a previous support zone from late January 2019.

Now the level has been breached its a clear indication that investors are favouring Ethereum over Bitcoin for now.

When the Bitcoin halving takes place next month then maybe BTC will make a comeback.

In terms of support, ETH/BTC found some support recently at 0.02452 so that will be the first point of call.

Beyond that, 0.023 has been also been an important resistance on the chart.

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