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Bitcoin has proven itself as the more lucrative investment product for 2024. Over the past six months, Bitcoin rose over 54%, while Ether only generated a 12% return on investment.
Ether to catch up to Bitcoin’s gains, as analysts eye $8,800 ETH price
Ether may be setting up for a rally to above $8,800 based on an ascending triangle on the daily chart — a technical chart formation used to spot the continuation of an uptrend.
However, Ether needs to cross the key $4,100 resistance level first, according to popular crypto analyst the Long Investor. “A break above $4,100 next, and this could run to the ATH level at $4,865. 2 replies
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