Ethereum vs Bitcoin: BTC Steadily Marches Towards $10k, ETH Moves Above $210
- Bitcoin finally moves above $9700, bull-run ahead
- Bitcoin is steadily gaining traction, while Ethereum’s price recovery lags back a bit
- BTC saw support near $9395, while ETH saw support at $205
Crypto market is expected to take a surge as Bitcoin bulls are pushing its price up while uplifting altcoins too. Recently, BTC has struck a bullish price move and has traded above $9700. It appears that the bulls in the crypto market are eyeing $10k mark for Bitcoin.
The recent price rise in Bitcoin has caused Ethereum to take an upward price path as the major altcoin has traded above $210 after a couple of days.
Bitcoin’s yesterday morning price moves were bearish enough to take it as low as $9395.60 where it found a decent support price level. From here, the coin has gradually surged above $9741 with an increase of 3.69% from its support price. Bitcoin then corrected down near $9528.17 and then again surged above $9700 tracing a swing low.
At 07:23:29 UTC, BTC was trading at $9753.03 striking an increase of 2.42% over the last 24 hours. If you are not certain about the coin’s future prospects, you can get the Ethereum forecast for upcoming years.
ETH vs BTC Price Chart
On the other hand, Ethereum has rebounded from $205.29 and it steadily reached to $209.22. Here the coin has struck a sharp surge to 214.05 with an increase of 2.31%. Ethereum has also traced a low swing near $208.6 while correcting down. ETH is currently in a hassle to strike a full recovery.
Conclusion:
Bitcoin may see further resistance at $9,846.59 and support level at $9,462.59. While Ethereum can face resistance at $213.8 and support level at $207.06.
