The downtrends in ETH/BTC and DSH/BTC continue for another week. Ether is down over 16 percent versus BTC since last Thursday while Dash is down by a smaller 6 percent.
Ether Drops 16 Percent
Ether has dropped over 16 percent in the past seven days and is currently quoted just below the 0.06 round figure. The altcoin has been in a persistent downtrend versus bitcoin since the middle of February, losing over a third of its value during this time. Support below can be found at the latest swing lows around 0.059 and the 0.06 round figure. This is followed by the 0.05405 swing low and the 0.05 BTC round figure.
Read more: https://blog.fxopen.com/downtrends-in-ether-dash-persist/