Ethereum Remains Rangebound Ahead Of Crypto Summit: Why Is It Not Moving?

Ethereum (CRYPTO: ETH) continues to trade in a sideways range, even as traders remain hopeful for more upside later in the year.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Ethereum (CRYPTO: ETH) $2,159.01 $260.3 billion -2.5% -2.9%
Bitcoin (CRYPTO: BTC) $86,815.85 $1.7 trillion -2.2%  +3.8% 
XRP (CRYPTO: XRP)  $2.40 $139.4 billion -6.7%  +12.4% 

Trader Notes: Veteran trader Lucky noted that Ethereum has historically delivered strong Q2 performances, showing positive returns from 2016 to 2021, with the only exception being a slight dip in 2022.

He expects this year’s second quarter to be particularly bullish, setting the stage for significant altcoin gains.

Daan Crypto …

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