Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion but is also in danger of breaking below a key technical support level.
ETH slides vs. BTC in the second half of January
The ETH/BTC pair declined nearly 9.25% on Jan. 24 from its local top of 0.0779 BTC established on Jan. 11. Since the start of the year, Bitcoin has been slightly outpacing Ether in terms of United States dollars, rising 38% versus 35%, respectively.
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