The ether-bitcoin (ETH/BTC) ratio could rally toward a two-month high, according to Lewis Harland, a portfolio manager at Decentral Park Capital.
That’s because the ratio has broken out of a multi-month triangle pattern, often called a wedge, indicating a bull victory in the prolonged tug-of-war with bears.
“ETH/BTC has broken out of its multi-month wedge to the upside,” Harland told CoinDesk, adding that the breakout has opened the doors for a rally toward the early December high of 0.07636…
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