Ethereum set to gain in relative strength & should join Bitcoin in exceeding Sept highs

Oct 14, 2021 • 2 Min Read

Key Takeaways

  • Ethereum looks to be starting to gain on Bitcoin after a near one-month period of underperformance throughout September
  • Breakout in ETHUSD “Market-cap Dominance trends should help Ethereum to gain ground in relative strength and break out of highs just over 4000 from September
  • Both ETHUSD and BTCUSD should gain further strength in the weeks ahead, and technically it looks right to own both near-term

Thursday’s push in ETHUSD to new multi-week highs exceeds the peaks of recent consolidation since last week, arguing for an immediate retest of September peaks at...

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