Since the beginning of 2020, every quarter for the largest altcoin, Ether (ETH), has closed in the green zone. This trend was noticed by the Unfolded team.
She noted that ETH performed well for five quarters in a row.
Recall that at the end of last week, the altcoin broke above $ 2100 for the first time in its history. On some trading floors, the ether reached $ 2,144, but then a pullback followed.
On the night of Monday, April 5, the ETH rate dropped to $ 2074. Cryptocurrency capitalization decreased by 1.54% to $ 239.274 billion.
The most productive for the broadcast was the first quarter of 2021. As a result, the cost of altcoin increased by almost 160%.
The start of the second quarter for ETH was also very successful. In less than a week, the price of the cryptocurrency has added more than 10%.
Santiment analysts note that the next price maximum is observed against the background of record high network activity. Experts believe that the $ 2,000 mark will be an important support zone for Ether.
The appeal of this digital asset has skyrocketed after it was revealed that Visa would use the Ethereum blockchain for settlement transactions with the USDC stablecoin.