Ethereum (ETH) price could begin a mega rally all the way to $12,000 as per the current technical chart set up, according to the analyst.

Ether (ETH) has struggled to close above $3,500 since Jan. 7, signaling weakness even as the broader cryptocurrency market gained 6% during the same period. This underperformance can be partly attributed to a drop in the volume of Ethereum-based decentralized applications (DApps),

Most crypto traders have been caught off-guard by recent market movements. From price declines in top cryptos like Ethereum to the rise of value-driven projects and altcoins like Remittix and its presale token,

The cryptocurrency market is one where opportunity meets invention; every bull run produces several innovative altcoins. Rising to confirm their position in the market were Ethereum (ETH) and Ripple (XRP),