As Bitcoin (BTC) recorded a steady surge in recent times, Ethereum (ETH) did not lag behind in showing strength.
Through a tweet on the Twitter page of an investor known as @Tradermayne, ETHBTC is approaching a significant resistance level.
Clearly, if ETHBTC is able to surpass the 0.0275 level, it will lead to a big change, ETH will continue to soar as Bitcoin flattens around $ 27,000.
At the time of writing, ETH is trading at $ 738.53, jumping 0.91% from its 24-hour low.
This proves that the asset managed to recover from a low of around sub- $ 700 following the decline in XRP to a more critical level.
For now, Ethereum remains at the 0.0266 level, and is seen continuing to surpass the BTC level, indicating an uptrend is beginning.
