Price analysis – Page 271

Ethereum could go to $10K in 2021 and outperform Bitcoin, says veteran trader

According to professional trader Scott Melker, Ethereum’s “tremendous upside potential” could overshadow Bitcoin this year.

The rally in Bitcoin and select altcoins seems to have hit a wall as bears continue to aggressively push back at key overhead resistance levels.

Lucrative staking pools and reduced transaction fees are luring DeFi investors to 1inch, Celsius and PancakeSwap.

Altcoins retraced to key lower support levels after Bitcoin price dropped below $56,000, but will traders view the dip as a buying opportunity?

Aiming to reduce the cost of transacting within DeFi is attracting developers and investors to Celer Network, Cartesi and Compound.

Bitcoin and most major altcoins have bounced off their immediate support levels, indicating an increase in bullish sentiment.