There is huge anticipation around Ethereum’s price action. On 10 November, the altcoin registered a new all-time high of $4,878 on the charts. Alas, a correction followed thereafter. And, it gave investors a subtle hint of what to expect from future price actions.
Investment strategist Raoul Pal shared a chart yesterday, one that underlined how Ethereum’s current price movement is imitating Bitcoin’s 2017 price action closely.
Ethereum imitating Bitcoin | Source: Raoul Pal
Consider this – Bitcoin
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