Source: Coindesk.com
The area around the bullish trendline served as an accumulation zone in 2019-20. A widely-tracked momentum indicator suggests downtrend exhaustion.
Ether's {{ETH}} bitcoin {{BTC}}-denominated market price, the ETH/BTC ratio, is flirting with a bullish trendline drawn from 2016 and 2017 lows, offering hope to bulls on the second-largest cryptocurrency by market
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The post "Ether's BTC-Denominated Price Flirts With 9-Year-Long Trendline Support: Technical Analysis" appeared first here Coindesk.com.
Source: Coindesk.com
