Technical indicators related to Ether suggest that a move past the $2,000 range might be in the books — but how soon?
While Bitcoin has exhibited a stagnating monetary trend over the course of the last week or so, showcasing minor gains of just 3%, its crypto cousin Ether (ETH) seems to be on a roll by not only holding its own against the US dollar but also consistently floating around the $1,300 threshold, and now ultimately, briefly surpassing the all-time high value of $1,428.
It’s interesting to note that unlike Bitcoin (BTC), Polkadot’s DOT and Chainlink’s LINK, as well as a host of other decently sized altcoins, ETH is one of the few premium digital assets to have not surpassed and stuck above its ATH through the course of this current bull cycle.