Document Analysis NLP IA
FREQ, RAKE or TFIDF
Summary (IA Generated)
Ether (ETH) hit $3,500 on May 4 as the star of this week‘s altcoin rally battled Dogecoin (DOGE) for returns supremacy.
At the time of writing, the largest altcoin by market cap was in pure price discovery mode as it sought resistance above $3,500.
The week had already seen new highs for Ether price on a daily basis, with seven-day gains standing at 36%.
Source: CoinMarketCapWinklevoss calls Dogecoin ‘the people‘s money‘.
Discovery of a new price ceiling was likewise still in progress at the time of writing, with DOGE/USD taking out $0.
DOGE/USD 1-day candle chart (Bittrex).