Ethereum Price (ETH) Starts Crucial Uptrend Versus Bitcoin (BTC)

Ethereum price finally found
support near the 0.0245 level against bitcoin, and rebounded nicely. ETH to BTC
likely started a decent uptrend above 0.0300BTC and it could even hit 0.0380BTC.

Key Talking Points

Ethereum price started a strong upward move
after trading as low as 0.0245 against bitcoin.There was a break above a major bearish trend
line with resistance at 0.0288 on the 4-hours chart of the ETH/BTC pair (data
feed from Poloniex).The pair is surging higher and it could soon
break the 0.0330BTC and 0.0350BTC resistances.

Ethereum Price Chart Analysis

In the past three days, there was a strong

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