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Ether outshines

01 Apr, 2021

Yesterday it was noted here; that the immediate outlook for Ethereum was bullish and once it reclaimed the 1850 level it extended that upside move. That has taken the price above 1900. The move higher really accelerated once the previous interim high at around 1863 was surpassed late yesterday evening. That was further extended towards the wider US market close as Ether lifted close to 1950. However, and so far since then 1950 has proved to be a bridge too far. Nevertheless, the second largest cryptocurrency has most definitely outperformed its larger rival. The technical set up on the daily charts continues to endorse the potential for Ether to reach levels above 2000 and potentially set fresh record highs beyond that. ETHUSD is currently trading at 1923.50

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