Bitcoinist
2020-06-10 01:00:48

Last 2 Times This On-Chain Signal Appeared, Ethereum Crashed. It’s Back Again

Ethereum has been on an extremely strong rally since the March lows, recovering to a local high of $250 from $88. This nearly 200% performance has allowed the cryptocurrency to strongly outperform any other established and investable asset. On-chain metrics, however, show that the cryptocurrency is primed to correct lower. Related Reading: Bitcoin Is About to See a Crucial Breakout: 3 Factors Show Upside Is Likely Ethereum Is Primed for a Correction, On-Chain Metrics Show […]

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