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Ethereum: A quick recovery from these lower levels is possible because…
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Ethereum, after emerging as the market’s top-performing asset over the last month, has once again tested its price levels under $4000. As Bitcoin slipped under $46k on 20 December, ETH too dropped by almost 5% and traded close to $3,817, at press time.
Over the last couple of days, however, Ethereum seemed to be recovering as narratives of an ETH-BTC flippening spurred once again.
On 19 December, as Ethereum’s price finally pulled above the $4k-mark, the market anticipated a quicker recovery. In fact, there were speculations that if ETH falls below $4k, the next recovery could take time. With the same happening, when can we expect the recovery now?
Even though ETH fell close to the $3800-range, Ethereum’s price as a percentage of BTC’s
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