07-08-2020, 09:50 AM
In addition to showing signs of technical strength, multiple narratives are floating amongst investors that could further bolster its uptrend.
Luke Martin – a respected analyst and the host of the Coinist Podcast – spoke about some of these narratives in a recent tweet, pointing to ETH 2.0, DeFi, and EIP 1559.
“ETH TRYING TO MOVE UP AFTER A SIDEWAYS JUNE. THE NARRATIVE FOR BULLISH ETH ACTION HAS BEEN THERE (ETH 2.0, DEFI, EIP 1559) AND THE CHARTS SUPPORT THAT,” HE SAID.
@TradeCryptoNow
Luke Martin – a respected analyst and the host of the Coinist Podcast – spoke about some of these narratives in a recent tweet, pointing to ETH 2.0, DeFi, and EIP 1559.
“ETH TRYING TO MOVE UP AFTER A SIDEWAYS JUNE. THE NARRATIVE FOR BULLISH ETH ACTION HAS BEEN THERE (ETH 2.0, DEFI, EIP 1559) AND THE CHARTS SUPPORT THAT,” HE SAID.
@TradeCryptoNow