Ethereum pushed greater on Saturday regardless of Bitcoin flatlining. The cryptocurrency is up 7.5% up to now 24 hours and has moved previous $1,300 for the primary time since January of 2018.
The cryptocurrency stays under the all-time excessive value of $1,450 regardless of the latest push greater and the latest Bitcoin rally to $42,000. ETH is the best-performing crypto asset within the high 10 by market capitalization apart from Bitcoin Cash (BCH).
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KSI Name Drops Ethereum
Popular Youtuber “KSI,” often known as Olajide Olayinka Williams “JJ” Olatunji, not too long ago tweeted out “Ethereum” on Twitter. The tweet from the influencer might be seen under.
The tweet went crypto-viral, garnering tens of 1000’s of likes and 1000’s of replies.
Many within the cryptocurrency area responded to KSI’s tweet, telling him about Ethereum and joking about it being the way forward for finance.
This seems to be the primary time the Youtuber has talked about Ethereum or different cryptocurrencies. A search on Google for “KSI Youtuber Bitcoin” leads to nothing related to the Youtuber or his interactions with cryptocurrency.
— KSI (@KSI) January 9, 2021
Of notice, it’s unclear whether or not or not the celeb really owns ETH or was simply commenting on it to capitalize on the continued consideration given to the cryptocurrency.
KSI is the most recent celeb to have dabbled in Bitcoin, Ethereum, and cryptocurrency amid the latest value rally.
Previously, rapper Sir Robert Bryson Hall II, often known as “Logic,” put a cloth quantity of his web value into Bitcoin late final yr. Assuming he hasn’t bought (which is one thing he hasn’t introduced), he ought to be up over 150% on his funding within the main cryptocurrency.
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Little Resistance Ahead of ETH, Per Order Book Data
Data reveals that Ethereum could also be able to surge even greater within the weeks and months forward, which can validate KSI’s tweet in regards to the cryptocurrency.
A crypto-asset dealer not too long ago shared the chart seen under, which reveals that there’s little overhead resistance for Ethereum previous $1,400. This signifies that like Bitcoin, as soon as the earlier all-time excessive area breaks, there could also be little resistance because the cryptocurrency enters a section of a market often called value discovery.
The dealer says that Ethereum may face some resistance within the $1,350 vary, although, which is only a few p.c above the present value.
Ok lemme throw a severe tweet within the combine.
I really feel just like the books simply aren’t actually in any respect for this sort of FOMO. There’s tiny little bit of resistance at 1350. A lil extra at 1400, after which… Nothing.$ETH pic.twitter.com/EUN1HCRTPj
— Byzantine General (@ByzGeneral) January 10, 2021
Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Featured Image from Unsplash
Chart from TradingView.com
Price Tags: ethusd, ethbtc, eth
Popular Youtuber KSI Tweets "Ethereum" Amid Fresh Rally