It’s a mixed bag for the two cryptos we will cover in today’s article. While Dash managed to stage a successful breakout last week, ETH prices didn’t get very far and soon retraced all gains.
False Breakout for Ether
Ether prices had a false breakout last week. On February 14th prices surged from 0.01125 to a high of 0.01321. But by day four of the rally we had a 50% retracement and by day eight all of the gains were lost. Read more: https://blog.fxopen.com/dash-breaks-out-ether-range-bound/