While Bitcoin is currently wrestling with the psychologically and technically important 50,000 dollar mark, Ethereum is already a step further: The jump over the resistance at $ 3,500 is confirmed today by strong follow-up profits.
After the latest breakout over important hurdles, the ether price shot up to $ 3,837 for a short time on Thursday night, marking its highest level since the end of May. In the morning it was trading 5.3 percent higher at around $ 3,750.
In contrast to Bitcoin, which is currently still struggling with the key resistance between 50,000 and 51,000 dollars, the way to the all-time high of mid-May at 4,362.35 dollars for Ethereum is now clear from a technical point of view. At the current level, only a good 15 percent separate the price from the high at that time.
This is thanks to the even more positive momentum, which is also reflected in the weekly performance: While Bitcoin has gained around six percent in the past seven days, Ethereum has risen by a whopping 20 percent.
The mood and chart image at Ethereum are bullish, which speaks for a continuation of the current upward movement and gives hope for new highs. In addition to Bitcoin, DER AKTIONÄR also rates number 2 according to the market cap as a basic investment for crypto investors.
DER AKTIONÄR relies on Bitcoin and Ethereum in the AKTIONÄR-Depot – quite simply with a WKN and without registering with a crypto exchange. You can read how this works in the new issue (36/21).
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Note on conflict of interests:
The chairman of the board and majority owner of the publisher Börsenmedien AG, Mr. Bernd Förtsch, has taken direct and indirect positions on the following financial instruments referred to in the publication or related derivatives that benefit from any price development resulting from the publication: Bitcoin, Ethereum.
Author Nikolas Kessler has taken direct and indirect positions on the following financial instruments mentioned in the publication or related derivatives that benefit from any price development resulting from the publication: Bitcoin.
Shares or derivatives that are discussed / mentioned in this article are in the “SHAREHOLDER Depot” of THE SHAREHOLDER.