Ether has ‘slightly more bullish path’ than Bitcoin: Santiment

Crypto traders’ “lack of interest” in dip buying Ether compared to Bitcoin could be the catalyst that sees Ether’s price go higher, says Santiment.

Ether holds a slight edge over Bitcoin in the short-term as social media chatter around the cryptocurrency is less overheated, says sentiment platform Santiment.

“The $ETH crowd hasn’t shown nearly as much bullishness despite significantly better performance over the past 3 months,” Santiment said in an X post on Friday amid the ETH/BTC ratio, which measures Ether’s (ETH) relative strength against Bitcoin (BTC) being up 32.90% over the past 30 days, according to TradingView.

“The current outlook shows a slightly more bullish path for Ethereum due to the lack of interest in dip buying compared to Bitcoin,” Santiment said.

Read more

Source Link

Share with your friends!

Products You May Like

Leave a Reply

Your email address will not be published. Required fields are marked *