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Ethereum Dominance Outlook

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CRYPTOCAP:ETH.D   Market Cap ETH Dominance, %
Well there you have it, the dip to the $9700 region we saw back in July. Now we wait for it to linger in this area while other cryptos continue their runs.

Chart:


Now the summer of ethereum looks to turn into the rest of the year of ethereum with the dominance looking set to go off after forming a rounded bottom and retesting.

Seems the bitcoin dominance was putting up its last bit of resistance with a fakeout.

Idea for summer of ethereum (back when I was still figuring out chart scales :) )

And now we sit back and see if the alt season plays out. I am expecting a BTC to alts relationship, as USD to emerging markets.



Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.