{"id":648385,"date":"2024-10-17T08:00:42","date_gmt":"2024-10-17T08:00:42","guid":{"rendered":"https:\/\/uniquehot.com\/?p=648385"},"modified":"2024-10-16T17:37:53","modified_gmt":"2024-10-16T17:37:53","slug":"ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/","title":{"rendered":"Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000?"},"content":{"rendered":"

Following the market\u2019s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs.<\/p>\n

Related Reading: Bitcoin\u2019s Road To $70,000? Analysts Set Next Targets As BTC Retests Key Levels<\/a><\/div>\n

Ethereum Getting Ready To Challenge BTC<\/h2>\n

This week, Ethereum has successfully reclaimed<\/a> the $2,500 support zone following the market\u2019s recent performance. The second-largest cryptocurrency by market capitalization has seen an 8.6% increase in the last seven days, moving from the $2,300-$2,400 range to the $2,600 mark.<\/p>\n

In the last 24 hours, ETH has retested the $2,600 resistance level, currently holding it as support as it attempts to reclaim the $2,700 price range. This zone is the next crucial level, as the cryptocurrency hasn\u2019t successfully broken above it in nearly three months.<\/p>\n

Market analyst CryptoWolf pointed out that Ethereum has been rejected<\/a> from the local top around this level twice since August\u2019s market crash, making it the next big resistance to break.<\/p>\n

However, once the zone is cleared, ETH\u2019s price is \u201cheading straight to the 3500s\u201d since the analyst considers that the $3,000 mark \u201cwon\u2019t stand a chance.\u201d Similarly, crypto analyst Alex Clay suggested<\/a> that the King of Altcoins is about to \u201ccatch up on BTC\u201d and rise toward $3,500.<\/p>\n

\"Ethereum\"
ETH targets $3,500 once it breaks out. Source: Alex Clay on X<\/figcaption><\/figure>\n

To the analyst, Ethereum completed its local accumulation within the $2,100-$2,700 range, and \u201cit\u2019s ready to switch the short-term trend for the bullish.\u201d Other market watchers also suggested that the market is near the bottom after the sideway moves, based on the ETH\/BTC chart.<\/p>\n

Tony Research stated<\/a> that the chart \u201csuggests that altcoins are currently cheap relative to Bitcoin. An increase in this chart will positively affect altcoins and their prices.\u201d As the investor pointed out, altcoins could see significant growth during Q1 2025 since Q4s have historically been Bitcoin\u2019s best time to grow.<\/p>\n

ETH Attempts Breakout From Bullish Pattern<\/h2>\n

Analyst Crypto Yapper noted<\/a> that Ethereum is trying to break from its consolidating formation. The cryptocurrency has been within a three-month symmetrical triangle pattern, and it attempted to break above the upper trendline on Tuesday.<\/p>\n

\"Ethereum\"
ETH attempts to break from a symmetrical triangle. Source: Crypto Yapper on X<\/figcaption><\/figure>\n

Yesterday, ETH rose momentarily above the trendline after hitting $2,688 but quickly retraced to $2,550. Ethereum tried another breakout<\/a> from the symmetrical triangle upper trendline on Wednesday, surging above $2,630 before settling around the $2,600 support zone.<\/p>\n

Related Reading: Polkadot (DOT) Gearing Up For \u2018Massive Breakout\u2019, Will It Skyrocket To $20?<\/a><\/div>\n

To the analyst, Ethereum will target the $2,900 mark next if it breaks out of this formation. Recovering this level could propel ETH\u2019s price to its March highs, as the $2,900-$3,000 price range was a key support zone during the rally\u2019s first leg.<\/p>\n

Meanwhile, season trader Peter Brandt recently highlighted an inverted Head and Shoulders (H&S) pattern on ETH\u2019s chart. The trader signaled that an H&S bottom is forming, also suggesting a massive breakout<\/a> might be imminent.<\/p>\n

As of this writing, ETH is trading at $2,612, a 1% increase in the daily timeframe.<\/p>\n

\"ethereum,
ETH’s performance in the three-day chart. Source: ETHUSDT on TradingView<\/a><\/figcaption><\/figure>\n
Featured Image from Unsplash.com, Chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Following the market\u2019s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Related Reading: Bitcoin\u2019s Road To $70,000? Analysts Set Next Targets As BTC Retests Key Levels Ethereum Getting Ready To Challenge BTC This week, Ethereum has successfully reclaimed the $2,500 support zone following the market\u2019s recent performance. The second-largest cryptocurrency by market capitalization has seen an 8.6% increase in the last seven days, moving from the $2,300-$2,400 range to the $2,600 mark. In the last 24 hours, ETH has retested the $2,600 resistance level, currently holding it as support as it attempts to reclaim the $2,700 price range. This zone is the next crucial level, as the cryptocurrency hasn\u2019t successfully broken above it in nearly three months. Market analyst CryptoWolf pointed out that Ethereum has been rejected from the local top around this level twice since August\u2019s market crash, making it the next big resistance to break. However, once the zone is cleared, ETH\u2019s price is \u201cheading straight to the 3500s\u201d since the analyst considers that the $3,000 mark \u201cwon\u2019t stand a chance.\u201d Similarly, crypto analyst Alex Clay suggested that the King of Altcoins is about to \u201ccatch up on BTC\u201d and rise toward $3,500. To the analyst, Ethereum completed its local accumulation within the $2,100-$2,700 range, and \u201cit\u2019s ready to switch the short-term trend for the bullish.\u201d Other market watchers also suggested that the market is near the bottom after the sideway moves, based on the ETH\/BTC chart. Tony Research stated that the chart \u201csuggests that altcoins are currently cheap relative to Bitcoin. An increase in this chart will positively affect altcoins and their prices.\u201d As the investor pointed out, altcoins could see significant growth during Q1 2025 since Q4s have historically been Bitcoin\u2019s best time to grow. ETH Attempts Breakout From Bullish Pattern Analyst Crypto Yapper noted that Ethereum is trying to break from its consolidating formation. The cryptocurrency has been within a three-month symmetrical triangle pattern, and it attempted to break above the upper trendline on Tuesday. Yesterday, ETH rose momentarily above the trendline after hitting $2,688 but quickly retraced to $2,550. Ethereum tried another breakout from the symmetrical triangle upper trendline on Wednesday, surging above $2,630 before settling around the $2,600 support zone. Related Reading: Polkadot (DOT) Gearing Up For \u2018Massive Breakout\u2019, Will It Skyrocket To $20? To the analyst, Ethereum will target the $2,900 mark next if it breaks out of this formation. Recovering this level could propel ETH\u2019s price to its March highs, as the $2,900-$3,000 price range was a key support zone during the rally\u2019s first leg. Meanwhile, season trader Peter Brandt recently highlighted an inverted Head and Shoulders (H&S) pattern on ETH\u2019s chart. The trader signaled that an H&S bottom is forming, also suggesting a massive breakout might be imminent. As of this writing, ETH is trading at $2,612, a 1% increase in the daily timeframe. Featured Image from Unsplash.com, Chart from TradingView.com<\/p>\n","protected":false},"author":614,"featured_media":596595,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[428,1119,26263,10923,88477,89756,8323,4854,1946,84133,78803,87108],"class_list":["post-648385","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-bitcoin","tag-btc","tag-crypto-analyst","tag-crypto-market","tag-crypto-market-recovery","tag-crypto-trader","tag-eth","tag-ether","tag-ethereum","tag-ethereum-bullish","tag-ethusdt","tag-uptober"],"acf":[],"yoast_head":"\nEthereum About To \u2018Catch Up On BTC\u2019, Will It Reclaim $3,000?<\/title>\n<meta name=\"description\" content=\"Some analysts believe Ethereum is ready to \u201ccatch up\u201d with Bitcoin as ETH attempts to reclaim the next crucial resistance level.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum About To \u2018Catch Up On BTC\u2019, Will It Reclaim $3,000?\" \/>\n<meta property=\"og:description\" content=\"Some analysts believe Ethereum is ready to \u201ccatch up\u201d with Bitcoin as ETH attempts to reclaim the next crucial resistance level.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-17T08:00:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-16T17:37:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1277\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Rubmar Garcia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rubmar Garcia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\"},\"author\":{\"name\":\"Rubmar Garcia\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471\"},\"headline\":\"Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000?\",\"datePublished\":\"2024-10-17T08:00:42+00:00\",\"dateModified\":\"2024-10-16T17:37:53+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\"},\"wordCount\":573,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277\",\"keywords\":[\"bitcoin\",\"btc\",\"crypto analyst\",\"crypto market\",\"Crypto Market Recovery\",\"Crypto trader\",\"ETH\",\"Ether\",\"ethereum\",\"Ethereum Bullish\",\"ETHUSDT\",\"Uptober\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\",\"url\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\",\"name\":\"Ethereum About To \u2018Catch Up On BTC\u2019, Will It Reclaim $3,000?\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277\",\"datePublished\":\"2024-10-17T08:00:42+00:00\",\"dateModified\":\"2024-10-16T17:37:53+00:00\",\"description\":\"Some analysts believe Ethereum is ready to \u201ccatch up\u201d with Bitcoin as ETH attempts to reclaim the next crucial resistance level.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277\",\"width\":1920,\"height\":1277,\"caption\":\"ETH, ether, Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471\",\"name\":\"Rubmar Garcia\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g\",\"caption\":\"Rubmar Garcia\"},\"description\":\"Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.\",\"url\":\"https:\/\/uniquehot.com\/author\/rubmargarcia\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum About To \u2018Catch Up On BTC\u2019, Will It Reclaim $3,000?","description":"Some analysts believe Ethereum is ready to \u201ccatch up\u201d with Bitcoin as ETH attempts to reclaim the next crucial resistance level.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum About To \u2018Catch Up On BTC\u2019, Will It Reclaim $3,000?","og_description":"Some analysts believe Ethereum is ready to \u201ccatch up\u201d with Bitcoin as ETH attempts to reclaim the next crucial resistance level.","og_url":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-10-17T08:00:42+00:00","article_modified_time":"2024-10-16T17:37:53+00:00","og_image":[{"width":1920,"height":1277,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277","type":"image\/jpeg"}],"author":"Rubmar Garcia","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Rubmar Garcia","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/"},"author":{"name":"Rubmar Garcia","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471"},"headline":"Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000?","datePublished":"2024-10-17T08:00:42+00:00","dateModified":"2024-10-16T17:37:53+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/"},"wordCount":573,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277","keywords":["bitcoin","btc","crypto analyst","crypto market","Crypto Market Recovery","Crypto trader","ETH","Ether","ethereum","Ethereum Bullish","ETHUSDT","Uptober"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/","url":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/","name":"Ethereum About To \u2018Catch Up On BTC\u2019, Will It Reclaim $3,000?","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277","datePublished":"2024-10-17T08:00:42+00:00","dateModified":"2024-10-16T17:37:53+00:00","description":"Some analysts believe Ethereum is ready to \u201ccatch up\u201d with Bitcoin as ETH attempts to reclaim the next crucial resistance level.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277","width":1920,"height":1277,"caption":"ETH, ether, Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000?"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/515c0d5d0d7854aee877d0932fe88471","name":"Rubmar Garcia","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1a5c5c83a8ac34388cefe7d0e708bab3?s=96&d=mm&r=g","caption":"Rubmar Garcia"},"description":"Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities of dialects. Her curiosity grew as she became an avid reader in her teenage years. She explored freedom and new words through her favorite books, which shaped her view of the world. Rubmar acquired the necessary skills for in-depth research and analytical thinking at university, where she studied Literature and Linguistics. Her studies have given her a sharp perspective on several topics and allowed her to turn every stone in her investigations. In 2019, she first dipped her toes in the crypto industry when a friend introduced her to Bitcoin and cryptocurrencies, but it wasn\u2019t until 2020 that she started to dive into the depth of the industry. As Rubmar began to understand the mechanics of the crypto sphere, she saw a new world yet to be explored. At the beginning of her crypto voyage, she discovered a new system that allowed her to have control over her finances. As a young adult of the 21st century, Rubmar has faced the challenges of the traditional banking system and the restrictions of fiat money. After the failure of her home country\u2019s economy, the limitations of traditional finances became clear. The bureaucratic, outdated structure made her feel hopeless and powerless amid an aggressive and distorted system created by hyperinflation. However, learning about decentralization and self-custody opened a realm of opportunities. Cryptocurrencies allowed her to experience financial control for the first time and expand her financial education. Moreover, the peculiar nature of the crypto community sparked Rubmar\u2019s curiosity about the other layers of the industry. As a result, she found a particular interest in discovering the diverse perspectives of investors, market watchers, experts, and developers. Her attempts to better understand the crypto space made her realize the strong links of the community with other industries, enriching her perspective of the sector. As someone who spends most of her day online, Rubmar enjoys finding the points where the crypto world meets with her other passions and hobbies \u00ad\u2013or her favorite memes. In her free time, she usually finds joy in different art forms. As a child, she enlisted in every extra-curricular activity in her hometown, including music classes, dancing, jewelry making, and the local chorus. Despite her many attempts to learn different instruments, Rubmar only knows how to play the xylophone, which she played for 7 years in her school\u2019s marching band. She also has a passion for learning new languages and cultures, having set the goal to learn another six languages \u00ad\u2013 currently attempting to learn Italian and Korean. Scrapbooking, paper crafting, and bookbinding are her biggest interests outside of work, constantly taking classes and attending workshops to learn new techniques. The rest of her free time is spent stressing over football matches and transfer market news or feeding cats \u2013hers or stray. In summary, Rubmar seeks to present entertaining and educational pieces to be enjoyed by everybody, aiming to report on the latest news and offer a unique perspective while adding a meme or a pun whenever possible.","url":"https:\/\/uniquehot.com\/author\/rubmargarcia\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum (ETH) About To \u2018Catch Up On BTC\u2019, Is It Ready To Reclaim $3,000?","url":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/ethereum\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Rubmar Garcia"}],"creator":["Rubmar Garcia"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","btc","crypto analyst","crypto market","crypto market recovery","crypto trader","eth","ether","ethereum","ethereum bullish","ethusdt","uptober"],"dateCreated":"2024-10-17T08:00:42Z","datePublished":"2024-10-17T08:00:42Z","dateModified":"2024-10-17T08:00:42Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum (ETH) About To \\u2018Catch Up On BTC\\u2019, Is It Ready To Reclaim $3,000?\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/ethereum\\\/ethereum-eth-about-to-catch-up-on-btc-is-it-ready-to-reclaim-3000\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/kanchanara-vu13QDlTQyU-unsplash.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Rubmar Garcia\"}],\"creator\":[\"Rubmar Garcia\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"btc\",\"crypto analyst\",\"crypto market\",\"crypto market recovery\",\"crypto trader\",\"eth\",\"ether\",\"ethereum\",\"ethereum bullish\",\"ethusdt\",\"uptober\"],\"dateCreated\":\"2024-10-17T08:00:42Z\",\"datePublished\":\"2024-10-17T08:00:42Z\",\"dateModified\":\"2024-10-17T08:00:42Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/03\/kanchanara-vu13QDlTQyU-unsplash.jpeg?fit=1920%2C1277","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/648385"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/614"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=648385"}],"version-history":[{"count":2,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/648385\/revisions"}],"predecessor-version":[{"id":648396,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/648385\/revisions\/648396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/596595"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=648385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=648385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=648385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}