We take a look at the valuation of Ethereum against USD and against Bitcoin, based on whether Bitcoin is above or below the 20 week and 50 week moving averages (MAs). The valuation of Ethereum tends to do fairly well once Bitcoin is above both its 20 week and 50 week MAs. Even most recently with Bitcoin above both of these MAs, Ethereum has performed well over the macro-scale. TA Video by Benjamin Cowen.
