Ethereum: After Forming a Golden Cross, ETH May Be Ready to Surge Towards $300

The aggregated crypto markets have been firmly locked in an upwards trend over the past several weeks, mainly due to Bitcoin’s series of surges that brought it from recent lows of roughly $4,000 to highs of $8,400. This surge has allowed other cryptocurrencies, including Ethereum (ETH), to also put some distance between their current prices and their recent lows.

Although the market conditions have improved significantly as a result of this upwards momentum, in order for Ethereum and other cryptos to climb higher, it is critical that BTC continues climbing higher and breaks into the $8,000 region.

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