Ethereum

Ethereum started a major decline below the $1,500 support against the US Dollar. ETH faced an increase in selling after the market dumped FTT, SOL, and DOGE. Ethereum started a major decline below the $1,550 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,570 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 7% and… Source link

Ethereum price is breaking below a significant trend line, hinting at a crash. Transaction data shows that roughly 9 million ETH held by 3 million addresses will slip into “Out of the Money” territory. A four-hour candlestick close above $1,646 will invalidate the bearish thesisfor ETH. Ethereum price shows a lack of buying pressure that has resulted in a slip below a significant support structure. If bulls fail to make a comeback at this juncture, things could… Source link

press release PRESS RELEASE. It’s no secret to anyone that the past several months have been some of the worst performing markets in virtually every sector, thanks to the macroeconomic effects of high inflation around the world, alongside global uncertainty. The EverEarn team however has spent this time planning their next steps and getting ready for expansion; which is happening now! The EverEarn token ($EARN) launched on the BNB Chain in January 2022 with a simple goal; to show… Source link

Google Cloud has trumpeted a series of collaborations with popular blockchain networks Ethereum and Solana in recent weeks, accelerating the tech giant’s support of Web3. Late last month, Google Cloud announced a node-hosting service for Web3 developers called the Blockchain Node Engine. The tool is designed to help build and deploy on blockchain-based applications and platforms. Ethereum is the first blockchain supported by the engine. Rival network Solana is to Source link

Ethereum started a downside correction from the $1,675 high against the US Dollar. ETH must stay above the $1,550 support to start a fresh increase. Ethereum climbed higher above $1,650 before it started a downside correction. The price is now trading below $1,600 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,605 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it… Source link

Investors have had a close eye on Ethereum’s [ETH] performance since the much-talked about Merge. The key point of interest being an assessment of whether network demand or utility would deteriorate, return to normal, or rise to new highs. Here’s AMBCrypto’s price prediction for Ethereum [ETH] for 2022-2023 Ethereum’s performance in the last few weeks was enough to provide a rough idea of how the network faired. According to a recent Glassnode analysis, ETH achieved… Source link

The amount of Ethereum’s supply concentrated in smart contracts has hit an all-time high post-merge. Smart contracts now create 0.45% of all Ethereum behind staked Ethereum at 0.57% and Exchange balances at 0.17%. The chart below presents an area view of some of the largest concentrations of the Ethereum supply. Supply regions are shown as a ratio of circulating supply from bottom to top. The supply held on exchanges is shown in yellow, the supply held on Smart Contracts is shown in red,… Source link

As of 5 November, Vitalik Buterin tweeted the ‘updated roadmap diagram’ depicting the changes in store for Ethereum [ETH]. As can be witnessed, changes were made to The Verge and Scourge segments of the roadmap.  Updated roadmap diagram! pic.twitter.com/MT9BKgYcJH — vitalik.eth (@VitalikButerin) November 4, 2022 ___________________________________________________________________________________ Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2022-2023

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject The native token of Ethereum, ETH is prepared to experience a big price increase in contrast to its primary rival, Bitcoin, in the days before the beginning of 2023. The majority of the bullish indications are contained in the well-known technical configuration known as the “cup-and-handle” pattern. It… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets continued to see green for the second week running.  In a typical week, market leaders Bitcoin (BTC) and Ethereum (ETH) set the pace for everyone else, but this week they took a backseat to other impressive rallies.  Bitcoin gained 3% over the last seven days and currently changes hands at $21,314. Ethereum rose nearly 2% during that time and trades for $1,640. Both could have made more headway, but the U.S…. Source link