Cryptocurrency News

Ethereum price breaks out, hits 2-month high versus Bitcoin — is the rally sustainable?

07/19/2022

Less than a minute

2022.07.19 03:09

Ethereum price breaks out, hits 2-month high versus Bitcoin — is the rally sustainable?

Ethereum‘s native token Ether (ETH) has successfully avoided a bearish technical setup to reach a two-month high against Bitcoin (BTC).

The ETH/BTC pair invalidated its prevailing “bear flag” pattern after Ethereum developers announced this July 14 that their long-awaited switch to proof-of-stake (called the Merge) will most likely occur in September.

07/19/2022

Less than a minute

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Bitcoin (BTC) $ 105,204.19 1.80%

Ethereum (ETH) $ 3,873.98 3.22%

XRP (XRP) $ 2.54 5.30%

Tether (USDT) $ 1.00 0.06%

BNB (BNB) $ 718.16 0.64%

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