Ethereum price: Closing In On $3000 As Bitcoin Dominance Dwindles

Whilst Bitcoin may well be the market leader in valuation terms, Ethereum has outperformed its big brother by a huge margin since starting trading.

With the price currently trading at $2,947, it appears to be only a matter of time before ETH crosses the $3,000 threshold.

‘Bitcoin dominance has continued to fall in line with our forecast as Etherum and other alts have had strong performance during 2021.

On the Daily chart, we can see that ETH is over-extended with an RSI of 74.50.

He also provided research and execution services for Goldman Sachs, JP Morgan, Credit Suisse, Schroders Asset Management, and Pennsylvania State Public School Employees Retirement System, as amongst others.

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