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Ethereum price can gain 40% on Bitcoin, argues analyst as London fork nears

Published 07/05/2021, 11:14 AM
Updated 07/05/2021, 01:20 PM
Ethereum price can gain 40% on Bitcoin, argues analyst as London fork nears
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Ether (ETH) could rise by almost 40% against Bitcoin in the coming trading sessions, according to one analyst.

So believes Michaël van de Poppe, an Amsterdam-based market analyst who predicts that the ETH/BTC exchange rate would climb from its current 0.05-0.06 sats range to as high as 0.07 sats soon.

Ethereum trade setup presented by Michaël van de Poppe. Source: TradingView.com
Ether prices typically move inversely to its reserves across cryptocurrency exchanges. Source: CryptoQuant

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