When it comes to determining the validity of any cryptocurrency bull run, there are many different methods to do so. A lot of people claim how no bull market can be established until the “big three’ are all moving up in a decisive manner. So far, it seems as if the Ethereum price is fulfilling that task alongside Bitcoin and XRP. Its gains are not as impressive as some other markets, but the overall trend appears to be in place in a somewhat convincing manner.
It is evident all of the top cryptocurrency markets need to move up in quick succession in order to ensure an uptrend is effectively materializing. While Bitcoin seems to be leading the dance without any real problems, there was some concern as to why Ethereum wasn’t moving up alongside it earlier this week. Many different factors could be at play in that regard, yet it appears things are starting to look up again. Some solid gains have been noted in the process, and things are looking promising once again.