Ethereum Rises Against Bitcoin Despite Crypto Market Calm – Will ETH/BTC Gain 50% By June? Via Cointelegraph

Ethereum Rises Against Bitcoin Despite Crypto Market Calm – Will ETH/BTC Gain 50% By June?

‘s native token Ether (ETH) has become stronger than its competitor for the top position — (Bitcoin) – despite an ongoing downturn in the crypto market. But can the pair continue to recover in the coming months? Let’s look at the charts.

ETH/BTC gained 5.5% between the May 9th low of 0.0720 and the May 10th high of 0.0759. ETH too recovered by almost 9.75% against the US dollar, and Bitcoin underwent a similar upward retracement over the same period.

ETH/BTC daily chart. Source: TradingViewETH/BTC weekly chart showing “ascending triangle” breakout. Source: TradingView

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