Out of the top-five cryptocurrencies, Ethereum has been the most bullish one over recent weeks. The cryptocurrency has pushed closer and closer to local highs as Bitcoin and XRP have stalled.
Analysts say that with this recent price action, ETH is likely preparing to see a massive breakout. One trader, in fact, said that Ethereum may soon see its “most significant breakout” since the bear market ended at the start of 2018.