Analyst: Ethereum is About to Follow Bitcoin and See a Parabolic Move

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Following a prolonged period of Ethereum severely underperforming Bitcoin and the rest of the crypto market, it is finally reversing this trend ETH has been able to post massive gains throughout the past 24-hours, surging beyond multiple key resistance zones as bulls aim at breaking above $450 This has revitalized the aggregated altcoin market, with DeFi tokens being particularly impacted by Ethereum’s strength These digital assets are now seeing their first signs of ending their multi-month descent, and there’s a possibility that further upside will follow One trader is also expecting Ethereum to see continued bullishness due to a few key factors Ethereum is showing immense signs of strength today, with the cryptocurrency finally ending its bout of underperformance and rallying higher as traders aim at it seeing further upside. Where the altcoin market trends next will likely depend on whether or not ETH will be able to surmount $450,…

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