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See What's Next for European Markets :: The Market Oracle ::


Who is Elliott Wave International?
EWI is the world s largest independent technical analysis firm. Founded by Robert Prechter in 1979, EWI helps investors and traders to catch market opportunities and avoid potential pitfalls before others even see them coming. Their unique perspective and high-quality analysis have been their calling card for nearly 40 years, featured in financial news outlets such as Fox Business, CNBC, Reuters, MarketWatch and Bloomberg.
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Ethereum Surges To Record Highs: As For Fundamental Causes... It's 'Game' Over


The GameStop fiasco did not spark Ether s rally; see the Elliott wave pattern that did.
Cryptocurrencies are well-known as hot-potato markets with volatile price swings. Most investors and traders see cryptos as catch-and-release - vs. - buy-and-hold.
But this chart tells a somewhat different story. It not only shows that the #1 top performing cryptocurrency for 2020 and (so far) 2021 is #2 in line: Ethereum. But it also shows that, after trending sideways from August through October, ETH held and continued to hold the upside in a powerful rally to record highs on February 3.
The clamor to find a reason for Ethereum s surge was short-lived, thanks to the event cited in countless news stories regarding moves in nearly all financial markets so far in 2021: namely, the GameStop fiasco. ....

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Ethereum Surges to Record High, As for Fundamental Causes... it's "Game" Over :: The Market Oracle ::


The GameStop fiasco did not spark Ether s rally; see the Elliott wave pattern that did.
Cryptocurrencies are well-known as hot-potato markets with volatile price swings. Most investors and traders see cryptos as catch-and-release - vs. - buy-and-hold.
But this chart tells a somewhat different story. It not only shows that the #1 top performing cryptocurrency for 2020 and (so far) 2021 is #2 in line: Ethereum. But it also shows that, after trending sideways from August through October, ETH held and continued to hold the upside in a powerful rally to record highs on February 3.
The clamor to find a reason for Ethereum s surge was short-lived, thanks to the event cited in countless news stories regarding moves in nearly all financial markets so far in 2021: namely, the GameStop fiasco. ....

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