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ETH vs. SOL Altcoin Battle: Who Would Win The Bull Run Race?

Published 26/07/2023, 17:05
© Reuters.  ETH vs. SOL Altcoin Battle: Who Would Win The Bull Run Race?

  • Potential investors and the community are closely watching the well-known two rivals of the crypto market — ETH and SOL.
  • Indicators show that ETH could experience a bullish trend soon as buyers gradually enter the market.
  • SOL shows signs of an early start which could be caused due its falling wedge pattern.

The crypto community is highly anticipating the cryptocurrency’s state after the Fed Meeting. Among the many digital assets, potential investors and the community are closely watching the well-known rivals of the crypto market — ETH and SOL. Let’s take a closer look at these altcoins’ price sentiments over time.

Ethereum’s Price Analysis

Looking at ETH/USDT 3-hour chart, the candlesticks are currently trading at $1,855, just below the Bollinger Bands’ middle line. In the mid-week of June, ETH, along with other altcoins, experienced a surge in their prices. This gigantic spike created the opportunity for ETH to cross beyond the $2,000 barrier.

However, ETH’s residence in the $2,000 level was short as it was kicked out by the sudden raid led by the bears. The surprise attack weakened ETH’s price gradually and the altcoin struggled to st…

The post ETH vs. SOL Altcoin Battle: Who Would Win The Bull Run Race? appeared first on Coin Edition.

The post ETH vs. SOL Altcoin Battle: Who Would Win The Bull Run Race? appeared first on Coin Edition.

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