- Ethereum gains 8% whereas Bitcoin fails to move.
- In the medium-term, both the coins are expected to gain massively.
The last 24 hours have become witness to many exceptional price movements by some of the major coins. Creating precedence, Ethereum gained almost 8% in the last one day whereas Bitcoin failed to lift its value even by a small margin.
Bitcoin vs. Ethereum Price Comparison:
Bitcoin’s first swing happened between 00:01 and 09:28 UTC and this swing cost it 135 USD and placed the value at 10,137 USD. It was followed by a hike of 1.36% that added 137 USD to the value. On the other hand, the first two swings of Ethereum were huge gains. The first gain was made between 03:18 and 16:45 UTC and this gain took it to 210 USD from 196 USD. The second swing started at 18:38 UTC and over the next 2 hours and 35 minutes, it gathered 7.02 USD to reach 215 USD
Bitcoin’s third swing started at 20:55 UTC and by 23:40 UTC, it lost 98 USD. The last swing for Bitcoin happened between 23:40 UTC and 04:15 UTC and this swing helped it to maintain the value near 10,200 USD. On the other hand, Ethereum’s last swing was a cut of 4 USD between 21:13 UTC and 03:20 UTC today.
Bitcoin vs. Ethereum Price Prediction:
Bitcoin’s inability to turnaround may continue for some more days whereas Ethereum is likely to retain its recent growth. The medium-term outlook of both Bitcoin and Ethereum is likely to be bullish, and long-term investors will prosper.
|Resistance and Support Levels||Bitcoin (BTC)||Ethereum (ETH)|
|1st Resistance||$10,292.11||$ 215.98|
|2nd Resistance||$10342.95||$ 223.36|
|3rd Resistance||$10389.14||$ 232.99|
|1st Support||$10195.08||$ 198.97|
|2nd Support||$10148.89||$ 189.34|
|3rd Support||$10098.05||$ 181.96|