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Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June? -Breaking

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Ethereum rises vs. Bitcoin despite crypto market rout — will ETH/BTC gain 50% by June?

Ether, the Ether native token (ETH) has grown stronger against its rival for the top position — (BTC) — despite an ongoing crypto market rout. Can the pair rally over the next few months? Let’s examine the charts.

ETH/BTC gains 5.5%The May 9 low of 0.0279 and the May 10 peak of 0.0759 were the lowest points. ETH ReboundedBitcoin saw an almost 9.75% increase in value against the U.S. Dollar, with a comparable upside retracement during the same period.

Daily price chart for ETH/BTC TradingView
ETH/BTC Weekly Price Chart with a ‘ascending triangular’ breakout. TradingView