Several prominent analysts say Ether (ETH) is on the cusp of a major bull run despite already gaining nearly 65% in 2021. Ethereum has seen explosive growth in decentralized finance and other areas, causing user activity on the blockchain to surge.
Raoul Pal, CEO of Real Vision Group, pinpointed the technical structure of ETH’s price. He emphasized that the structure is strikingly similar to Bitcoin (BTC) in 2016, which means a prolonged…
Source link