Ethereum, NVDA and AMD Family and their relationship för BITFINEX:ETHUSD av MSHLFX

trendanalysis beyondta fundamental ethereum amd nvidia

This is not financial advise its just my thought about ETH Price,

I think GPU have key roll in Proof Of Work system, i known 2 well know company in this industry Advanced Micro Devices (AMD) and NVIDIA corp which manufacture GPUs chips.
when i compare both company shares prices with ETH price i found that :

ETH price went upward when NVIDIA and AMD shares price went to saturation for better investigation you can check 2 below pictures :

ETH vs NVIDIA

ETH vs AMD

I think NVDIA and AMD price need some correction that means ETH is ready for next rally

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.