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ETH Price   

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ETH

Ethereum  

#ETH Ξ

ETH Price:
$1,350
Volume:
$7.3 B
All Time High:
$4,861
Market Cap:
$166 B


Circulating Supply:
122,649,091
Exchanges:
285
Total Supply:
122,649,091
Markets:
4529
Max Supply:
Pairs:
2734



  ETH PRICE


The price of #ETH today is $1,350 USD.

The lowest ETH price for this period was $0, the highest was $1,350, and the current live price for one ETH coin is $1,350.28260.

The all-time high ETH coin price was $4,861.

Use our custom price calculator to see the hypothetical price of ETH with market cap of BTC or other crypto coins.


  ETH OVERVIEW


The code for Ethereum is #ETH, and the symbol for #ETH is Ξ.

Ethereum is 7.2 years old.


  ETH MARKET CAP


The current market capitalization for Ethereum is $165,610,933,263.

Ethereum is ranked #2, by market cap (and other factors).


  ETH VOLUME


The trading volume is huge during the past 24 hours for #ETH.

Today's 24-hour trading volume across all exchanges for Ethereum is $7,305,876,864.


  ETH SUPPLY


The circulating supply of ETH is 122,649,091 coins, which is 100% of the total coin supply.


  ETH BLOCKCHAIN


ETH is the native coin for the Ethereum blockchain.

View the full list of Ethereum blockchain tokens.


  ETH EXCHANGES


ETH is well integrated with very many pairings with other cryptocurrencies and is listed on at least 285 crypto exchanges.

View #ETH trading pairs and crypto exchanges that currently support #ETH purchase.


  ETH RESOURCES


Websitewww.ethereum.org
Whitepapergithub.com/ethereum/wiki/wiki/White-Paper
Twitterethereum
Redditr/ethereum
DiscordCetY6Y4


  ETH NEWS


Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000, USD Hits 2...

    Bitcoin was back above $20,000 on Tuesday, as the U.S. dollar fell to its lowest point in two weeks versus several G7 currencies. The stronger dollar has impacted purchasing power in cryptocurrencies, and commodities like crude oil, which last week fell to a nine-month low. Ethereum was also up, hitting a five-day high.Bitcoin Bitcoin (BTC) briefly rose above $20,000 on Tuesday, as the U.S. dollar continued to decline versus other major currencies. This has resulted in the world's largest cryptocurrency climbing to a peak of $20,071.20 earlier in today's session. Today's high is the strongest point that BTC/USD has traded at since September 30, and is marginally below a ceiling of $20,200. As can be seen from the chart, earlier bulls retreated from the market as BTC neared the aforementioned resistance point. Overall, the rally began following a breakout of another point of uncertainty, this being the ceiling of 49.00 on the relative strength index (RSI). The index is now tracking at 52.22, which is slightly below a resistance of 53.00, and this seems to be another reason why BTC has slipped from its earlier high. Ethereum Like BTC, ethereum (ETH) also rose to a five-day high in today's session, moving above a key resistance level in the process. Following a low of $1,294.41 to start the week, ETH/USD raced to an intraday high of $1,355.89 earlier in the day. The move saw ethereum break out of its ceiling of $1,330, with the 14-day RSI also moving beyond a point of resistan... read More



TA: Ethereum Price Could Rally If It Closes Above This Key Level

    Ethereum is showing positive signs above the $1,300 level against the US Dollar. ETH could rally if it clears the $1,330 and $1,350 resistance levels. Ethereum is slowly moving higher and trading above the $1,300 level. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a clear move above the $1,350 resistance. Ethereum Price Remains Supported Ethereum remained well bid above the $1,250 level. There was a minor increase above the $1,280 and $1,288 levels. ETH is showing positive signs above the $1,300 level and the 100 hourly simple moving average. The price climbed above the 50% Fib retracement level of the downward move from the $1,372 swing high to $1,265 swing low. The price even settled above the $1,310 level and the 100 hourly simple moving average. There is also a key bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD. On the upside, the price is facing resistance near the $1,330 zone. It is near the 61.8% Fib retracement level of the downward move from the $1,372 swing high to $1,265 swing low. Source: ETHUSD on TradingView.com A clear break above $1,330 might start a decent increase towards the $1,355 level. If the bulls remain in action, the price could rise towards the $1,375 level. Any more gains may perhaps open the doors for a move ... read More



Ethereum Price Squeezes Shorts Positions, ETH Could Be Set For More Gain...

    Ethereum is following the general sentiment in the market as Bitcoin and other cryptocurrencies make a run towards previous highs. The second cryptocurrency by market cap knocked some gains over today’s trading session but seems poised for a re-test of its lows before moving to the upside. At the time of writing, Ethereum (ETH) trades at $1,300 with a 2% profit in the last 24 hours and in the last week. Unlike in previous rallies, ETH’s price is lagging larger cryptocurrencies, such as Bitcoin, the number one crypto that records a 4% profit over the same period. ETH's price moving sideways on the 4-hour chart. Source: ETHUSDT Tradingview Ethereum At Critical Point, Will It Finally Breakout? Today’s bullish price action seems to be prompted by a rebound across legacy financial markets, the S&P 500 and Nasdaq 100 have been trading in the green giving cryptocurrencies room for a run. The bullish price action is leading to a change of sentiment across the digital asset class as investors turned optimistic. Over the weekend, with traditional markets close, the situation was different and market participants were gearing up for a potential leg down. According to a pseudonym trader, Ethereum saw a spike in Open Interest (OI) against the U.S. dollars. This increase in OI was recorded as the cryptocurrency trended to the downside. Therefore, the analyst claims that the metrics hinted at a spike in short (sell) positions from traders expecting further downside in th... read More



Vitalik Buterin Proposes Ways to Mitigate ETH Censorship

    Long before the Ethereum network's transition to Proof-of-Stake (PoS), censorship concerns have been a bone of contention. To mitigate these risks, Vitalik Buterin has proposed 'partial block auctions.' In the latest blog post, the Ethereum co-founder suggested that builders should have a more limited amount of power to prevent ETH censorship post Merge. Instead of letting them have full rein to construct the entire block if they win an auction, builders would have a more limited amount of power. Ways of Limiting Block Production Power According to Buterin, builders will retain enough power to be able to capture almost all maximal extractable value (MEV), as well as other benefits of proposer/builder separation (PBS). But, the co-founder underscored that it should be weakened to 'limit opportunities for abuse.' As such, three potential ways of limiting block production power were presented, which entails: inclusion lists, proposer suffixes, and pre-commit proposer suffixes. The Inclusion list paradigm is where the proposer provides an inclusion list essentially consisting of a list of transactions that they demand must be included in the block - unless the builder fills a block completely with other transactions. Despite the simplicity of the design, the builder can still engage in some abuse other drawbacks such as incentive compatibility issues and extra burdens on proposers also exist. Proposer suffixes are an alternative construction to enable the proposer to create a su... read More



ETH Closes Third Red Week in a Row, is $1,000 Coming? (Ethereum Price An...

    Yesterday, Ethereum closed its third consecutive weekly red candle. A candlestick with a long upper wick indicates that increased selling pressure continues. In the last two weeks, the price has been trapped between two significant levels, and breaking out of this zone would likely determine the direction forward. Technical Analysis By Grizzly The Daily Chart The descending line on the daily chart highlights the creation of lower lows (in yellow). This structure is bearish. However, in order to reach lower levels, selling pressure must first drive the price below the horizontal support of $1,240 (in green). This action corresponds with a break below the descending line, which could trigger multiple stop losses. Should this happen, $1,000 might be in sight. Alternatively, the asset could discover strong support at around $1,240, followed by a push above the horizontal resistance at $1,420 (in red). Key Support Levels: $1240 & $1000 Key Resistance Levels: $1420 & $1550 Daily Moving Averages: MA20: $1355 MA50: $1527 MA100: $1488 MA200: $1945 Source: TradingView The ETH/BTC Chart Following the Merge, the market structure against Bitcoin is showing a remarkable weakness. Investors are still hesitant to sell their Bitcoin for Ethereum. ETH seems more likely to keep declining until the descending line (in yellow) intersects with the horizontal support at 0.065 BTC (in green). A break and close below this level greatly reduces the odds of retesting resistance at 0.073 BTC (in red). T... read More



Ethereum Sees Surge In Number Of New Addresses – Will ETH Shi...

    The Ethereum Merge upgrade is expected to haul in more new users on the network which happens to be true with the surge of new active wallet addresses on the platform.  Ethereum’s new active wallet addresses climb to a new ATH of 3,001.804  ETH seen to spike in terms of social media engagements and mentions  ETH price up by 0.46% as of press time According to a Twitter post by Glassnode shared on October 2, the number of new active wallet addresses on the Ethereum network recently climbed to a new ATH of 3,001.804. While it’s true that this screams a boost in investor interest in the alt, the recent plunge in market volume and sentiment seems to be in contrast to everyone’s expectations to date. The number of new active wallet addresses on the Ethereum platform is seen to have dropped in August and recovered since September. Spike In Number Of ETH Addresses Trigger Increase In Social Metrics The increase in the number of wallet addresses also triggered a spike in social media engagement of the altcoin. Ethereum has shown a significant improvement of 4.63% surge in terms of social mentions and also 27.6% in social engagements. The Merge has created a lot of buzz on social media especially in the past month but the overall sentiment wasn’t purely positive. In fact, Ethereum is down in terms of weighted sentiment as seen in the last few days. In addition, ETH value has also been moving downwards as seen in the past couple of days. The a... read More



Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher as USD ...

    Following a red start to October, crypto prices moved marginally higher during Monday's session. After a brief stint below $19,000 on Sunday, bitcoin rose back above this point, as the U.S. dollar began to weaken against other G7 currencies. Ethereum was also in the green, momentarily moving above $1,300.Bitcoin Bitcoin (BTC) was trading marginally higher on Monday, as crypto prices reacted to a weaker U.S. dollar. Following last week's rally in USD, the currency eased to start the month, giving way to the return of bitcoin bulls. BTC/USD rose to an intraday high of $19,312.48 in today's session, less than 24 hours after trading at a floor of $18,970.62. Looking at the chart, the move saw the token marginally rise above its resistance point at the $19,300 level, which has historically been an area of uncertainty. As of writing, the turbulence has somewhat returned, with BTC trading at $19,208.10. Today's rally also coincided with the 14-day relative strength index (RSI) bouncing off a key floor of 43.00. Should this ascent continue, we could see prices move closer to $20,000. Ethereum Ethereum (ETH) also shook off signs of a red October, as the token rebounded following four consecutive bearish sessions. After a low of $1,271.15 on Sunday, the world's second largest cryptocurrency raced to a high of $1,308.90 to start the week. The move saw ETH/USD move towards its recent resistance level of $1,315, which has largely been in place since mid-September Like with bitcoin, eth... read More



TA: Ethereum Price Recovery Could Soon Fade If ETH Fails To Surpass $1,3...

    Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses. Ethereum started another decline after it failed to clear the $1,375 zone. The price is now trading below $1,320 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it stays below the $1,350 level for a long time. Ethereum Price Turns Red Ethereum failed to gain pace above the $1,350 resistance zone. ETH started a fresh decline below the $1,320 support zone and the 100 hourly simple moving average. The bears even pushed the price below the $1,300 level. Ether price retested the $1,260 support zone. A low was formed near $1,264 and the price is now consolidating losses. It is now trading below $1,320 and the 100 hourly simple moving average. On the upside, the price is facing resistance near the $1,300 zone. There is also a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD. The trend line is near the 23.6% Fib retracement level of the recent decline from the $1,373 swing high to $1,264 low. The first major resistance is near the $1,320 level and the 100 hourly simple moving average. The 50% Fib retracement level of the recent decline from the $1,373 swing high to $1,264 low is also near $1,318. Source: ETHUSD on TradingView.com A clear break above $1,... read More



Ethereum Price Analysis: Will ETH's Sideways Action End By a Huge Move?

    After reaching a high of $2030 on August 14, Ethereum’s price began a corrective wave, forming a descending channel - as shown in blue on the following chart. The bottom of this channel, combined with the 200-week moving average line (in yellow), acted as support and prevented the price from dropping further. This resulted in the development of a local low at $1,220. A bullish wave towards the channel’s top will only occur if buyers can reclaim $1,420 (in red). In this case, the short-term target would be $1,550. On the other hand, if ETH breaks below the 200-week MA line, we can expect further decline towards the $1K zone. The bottom of the channel currently lies at around $1,170. This, together with $1,220, combines the first significant support range. Key Support Levels: $1280 / $1,220 & $1170 Key Resistance Levels: $1420 & $1550 Daily Moving Averages: MA20: $1391 MA50: $1554 MA100: $1487 MA200: $1960 The ETH/BTC Chart Against Bitcoin, the descending line (in yellow) acted as support following the major drop after The Merge event. The initial attempt to breach above the 23.6% Fib level resistance at 0.07 BTC (in blue) has failed. As the 38.2%, Fib level overlaps with the resistance at 0.073 BTC (in white), a break and close above it may indicate a trend reversal. On the other hand, the first major support lies around 0.065 BTC (in green). It’s worth mentioning that several times so far in 2022, this level has effectively supported the price. Key Support ... read More



A Step-by-Step Guide on How to Access Your ETHW Tokens if You Held ETH B...

    With the new Ethereumpow (ETHW) network launch, ethereum holders are eligible to receive a single ETHW for every ether they own. The following is a simple guide that shows ethereum holders how to access their ETHW tokens using a wallet like Metamask. Accessing the ETHW Network via Metamask's Network Settings 16 days ago, Ethereum transitioned from a proof-of-work (PoW) blockchain to a proof-of-stake (PoS) network, and ethereum miners chose to mine a few different coins like ethereum classic and ravencoin. Some miners transitioned over to the new Ethereumpow (ETHW) network, and the blockchain has been live for more than two weeks since it launched. At the time of writing, there's 52.27 terahash per second (TH/s) of hashrate dedicated to the ETHW network. Moreover, the ETHW token has been trading for prices between $10.96 to $12.16 per unit during the last 24 hours. The USD value of ETHW is up 20.6% during the last two weeks, and seven-day statistics indicate the token is up 49.1%. However, during the past 24 hours on October 1, 2022, ETHW has lost roughly 7% against the U.S. dollar. Because ETH owners are eligible for ETHW at a 1:1 rate, after the ETHW network went live, ether holders have been gaining access to their coins. The following post is a simple way to access ETHW using a Metamask wallet by simply updating the network. ETH owners can also leverage different methods like importing their seeds into Metamask or a wallet that supports the ETHW network. Some wallets like... read More



Ethereum Classic (ETC) Sheds 30% In Last 2 Weeks – More Pain Ahead...

    Ethereum Classic (ETC) has been in the clutch of the bears as it has shaved off as much as 30% in the past two weeks.  Ethereum Classic price down 30% in the past two weeks ETC trading at $27.69 as of press time ETC’s downturn opens up opportunities for short-term positions ETC has dropped below the $33.9 zone barely two weeks ago and it seems Bitcoin is suffering the same fate as it failed to barrel past the key resistance of $19.7k. The selling pressure has been intermittently high in the crypto market.  Coming from the larger Ethereum, ETC is predominantly viewed as secure as it is designed to alleviate key problems encountered with the larger or main token Ethereum, especially in line with amplifying speed and lowering fees.  In fact, Ethereum Classic has evolved to be one of the most trusted and largest smart contract platforms as it is dubbed to be a valuable long-term investment to beef up and diversify one’s portfolio.  Ethereum Classic Price Seeing Bearish Pressure According to CoinMarketCap, ETC price has plunged by 1.01% or trading at $27.69 as of press time. At this point, a bearish block is seen close to the $30 level. A climb by 8% will prove to invalidate the bearish outlook of ETC. Traders should wait awhile for a price jump before entering any short position at the $27 to $29 range, which is considerably near $30.54, the key support zone. Chart: TradingView.com Judging by the daily and 12-hour timeframe, ETC is looking pred... read More



Cardano (ADA) Is About To Die and Turn into A 'Zombiechain,' Ethereum Ma...

    Cardano (ADA), the 8th ranked crypto asset in terms of market capitalization, remains in the red as it loses 6.3% of its value in the last seven days. Cardano lost more than 6% of its value for the past week UniSwap surpassed ADA in terms of daily average transactions Positivity remains among crypto enthusiasts for Cardano As of this writing, according to Coingecko, the asset is trading at $0.43 but still remains one of the top 10 digital assets thanks to its market capitalization which stands at almost $14.7 billion. They hefty market cap, however, is not enough to fend off some negative criticisms and projections about the crypto created by the Hong Kong Input-Output (IOHK) led by Ethereum co-founder Charles Hoskinson. In fact, Evan Van Ness, a well-known die-hard fan and Ethereum maximalist, claims the token is already at death’s door and will soon turn into a “zombiechain.” Let's check in on the $ADA zombiechain Not only does Cardano do less than one transaction per second... Uniswap does substantially more transactions than Cardano pic.twitter.com/wg0fNoFPck — Evan Van Ness (@evan_van_ness) September 29, 2022 ADA Losing Steam Aside from his belief that Ethereum is the best crypto out there, Ness has some alarming information regarding Cardano which could spell its immediate future. ADA’s network is currently living at an incredibly low transaction count of less than one per second. That’s lesser than other assets with lower market ... read More



Bitcoin, Ethereum Technical Analysis: BTC Begins the Weekend in Bearish ...

    After a move above $20,000 on Friday, bitcoin was back in the red on Saturday, as prices fell close to a key support point. As a result of this move the token has been largely unchanged in the last week, with price up 0.87% in the last seven days. Ethereum was also lower to start the weekend.Bitcoin Bitcoin (BTC) fell below $20,000 to start the weekend, as bearish sentiment returned following a brief rally late on Friday. Following the release of the University of Michigan Consumer Sentiment report for September, which showed improvement from the previous month, BTC surged to a peak of $20,109.85. However on Saturday, the token slipped to an intraday low of $19,238.12, falling below its floor of $19,300 in the process. Looking at the chart, the move comes as the 14-day relative strength index (RSI) continues to move away from its ceiling at 49.00. As of writing, the index is tracking at 45.45, which is close to another support point near the 44.00 region. Should this floor hold firm, there is a strong possibility that we could see a rebound, with bitcoin bulls not only taking price back to $20,000, but potentially above this point. Ethereum Ethereum (ETH) was also trading low to start the weekend, as bullish sentiment from yesterday's Consumer Sentiment data swiftly wore off. Since hitting a peak of $1,368.74 during yesterday's session, ETH/USD fell to a low of $1,320.38 earlier in the day. As of a result of this sell-off, the world's second largest cryptocurrency dropped b... read More



How a Bot Gained and Lost Over $1 Million of ETH in One Night

    On Tuesday night, an Ethereum MEV bot gained 800 ETH through the use of clever arbitrage, only to lose all of it and more to a hacker an hour later. Here’s how the situation played out on-chain: The event began with a third-party trader mistakenly losing nearly $2 million to spreads on Uniswap v2 trade. While he initially traded in 1.8 million cUSDC, he only received 518 USDC in return.  According to Flashbots Product Lead Robert Miller, this only created a “massive arbitrage opportunity” for another trader to swoop in and claim plenty of ETH. “0xbaDc0dE [the MEV bot] dutifully backran the arb in the mempool (!) in a looong arb touching many protocols,” he explained. In the end, the bot netted 800 ETH.  However, that ETH was entirely stolen just an hour later. Miller claims the bot didn’t properly protect the function it's used to execute dydx flashloans, leaving it vulnerable. “When you get a flashloan the protocol you're borrowing from will call a standardized function on your contract,” he said. “0xbaDc0dE's code unfortunately allowed for arbitrary execution.” Using this vulnerability, an attacker approved all of the bot’s WETH for spending on the contract, then transferred it to his own address. That was 1,106 WETH in total, worth over $1.4 million at writing time.  Numerous vanity addresses generated by Profanity have also been drained of roughly $1 million in ETH this month.  The p... read More



Why Bitcoin, Ethereum May Not Be The Best Plays For The Next Bull Market

    Since the launch of bitcoin, there have been massive gains recorded by those that got in early and held on long enough. The same was the case with Ethereum, whose market cap grew to the hundreds of billions. However, the growth that these digital assets have already seen over the years, it has put a hamper on how much they can still grow over the coming years. This is why investors are looking elsewhere for larger gains. Bitcoin, Ethereum Gains Are Lower Over the last bull market, it became apparent that bitcoin and Ethereum will no longer be able to give the kind of returns that early investors had gotten. During the previous cycle low, bitcoin had dropped to as low as $6,000 but had reached $69,000 during its peak. This was a 10x growth for the digital asset. The case was similar to Ethereum, the second-largest cryptocurrency by market cap, although it had fared much better compared to bitcoin. It had grown from its cycle low of around $100 to $4,800 at its peak. This was about a 500x growth for the digital asset. BTC grows 10x | Source: BTCUSD on TradingView.com However, their already massive growth has been putting investors off of them, not because they are not good investments but because the potential to explode exponentially has been greatly reduced. An example is that from bitcoin’s current price, even if it were to reach $100,000 per coin, it would still be a less than 10x growth. The same with Ethereum, although the digital asset does carry more potential f... read More



Trade Activity Shows Ethereum Whales Are Seeking Refuge In Stablecoins

    For a while now, Ethereum whales have been moving their coins around. This has been a direct result of the bear market that has caused investors to lose a significant amount of their portfolios. Even now, the crypto market is still being ravaged by declining prices. The result of this has been investors seeking refuge in tokens that do not see a lot of volatility, and Ethereum whales have not been left out of this flight to safety. Stablecoins Gain Favor Over the last 24 hours, the trade activity of the top Ethereum whales has shown a big shift towards stablecoins. These whales, who have usually been known to trade across a number of digital assets regardless of their volatility, are taking less risk during this time. The USDT stablecoin has been the number 1 token by trade volume for these top Ethereum whales. The average volume transacted by the whales came out to $267,328, even higher than the volume for ETH, which was the second-highest by trading volume. USDC featured in third place on this list, with an average amount of $89,180 over this time.  In the same vein, the stablecoins were at the top of the most purchased tokens over this time. USDT naturally led the list, while USDC was in second place. Interestedly, ETH did not take 3rd place as expected because Ethereum whales bought more SRM than ETH over this time period.  ETH price settles above $1,300 | Source: ETHUSD on TradingView.com On the topic of sales, the whales continued the trend of moving toward ... read More



Bitcoin, Ethereum Technical Analysis: BTC, ETH Continue to Consolidate A...

    Bitcoin continued to trade below $20,000 on Friday, as market sentiment remained mostly unchanged heading into the weekend. The world's largest cryptocurrency attempted to climb towards this milestone, but declined as it encountered a hurdle on the relative strength index (RSI). Ethereum was also largely unchanged, as markets prepared for the release of U.S. consumer data.Bitcoin Bitcoin (BTC) prices continued to consolidate on Friday, as market sentiment remained largely unchanged heading to the weekend. The token continued to climb towards $20,000 in today's session, hitting a peak of $19,632.98 in the process. Today's turbulence comes ahead of the latest U.S. consumer sentiment report, which is expected to show an increase in confidence. Looking at the chart, BTC/USD has also stalled after hitting a ceiling on the 14-day relative strength index (RSI). As of writing, the index is tracking at 46.45, as price strength continues to fall away from its recent ceiling of 49.00. Bulls will still likely make another run towards the $20,000 price point, however, we will likely not see this reached until the aforementioned resistance is broken. Ethereum Ethereum (ETH) was once again trading near a key support point on Friday, as prices of the token also consolidated. Since hitting a peak of $1,346.13 earlier in the day, ETH/USD has fallen, as price uncertainty continues to remain high. As of writing, the world's second largest cryptocurrency is trading at $1,332.67, which is margin... read More



TA: Ethereum Price Momentum Above $1,320: Here's Why Bulls Are Comfortab...

    Ethereum started a consolidation phase above the $1,300 level against the US Dollar. ETH could start a fresh increase if there is a clear move above $1,350. Ethereum recovered above $1,300 and started a consolidation phase. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above the $1,350 resistance zone. Ethereum Price Eyes Upside Break Ethereum started a steady recovery wave above the $1,300 resistance zone. The bulls were active above the $1,300 level and ETH settled into a short-term positive zone. There was a clear move above the 50% Fib retracement level of the key decline from the $1,400 swing high to $1,252 low. Ether price even spiked above the $1,340 resistance, but upsides were limited. It is now trading above $1,310 and the 100 hourly simple moving average. There is also a key declining channel forming with resistance near $1,340 on the hourly chart of ETH/USD. On the upside, the price is facing resistance near the $1,340 and $1,350 levels. The next major resistance is near $1,364 level. It is near the 76.4% Fib retracement level of the key decline from the $1,400 swing high to $1,252 low. A clear break above $1,364 might start a decent increase towards the $1,400 level. Source: ETHUSD on TradingView.com Any more gains may perhaps open the doors fo... read More



ETH Trading Inside a Tight Range, Breakout Imminent? (Ethereum Price Ana...

    The cryptocurrency markets are experiencing a period of stagnation. Meanwhile, ETH has been trading inside a tight range for the last seven days. Technical Analysis By Grizzly The Daily Chart On the daily chart, we can see two descending lines since ETH had reached its all-time high, and right now, ETH is retesting the lower line (green), along with the 200-week moving average (in yellow). From the bearish side, if the green support line doesn't hold and the selling pressure increases, ETH is expected to break below the 200-week MA line and probably revisit the $1,000 area, where the horizontal support and descending support line intersect. On the other hand, if ETH breaks above $1,550, it could aim for a retest of the last local high of around $1,800 - which is tangent to the 200-day moving average (in white). Such a move will probably trigger the end of the current bear market. In the short term, a breach of either $1,280 or $1,550 may set the next direction for ETH. Key Support Levels: $1280 & $1000 Key Resistance Levels: $1550 & $1800 Daily Moving Averages: MA20: $1435 MA50: $1577 MA100: $1483 MA200: $1972 The ETH/BTC Chart Against BTC, a serious effort is being made to reclaim the 200-day moving average line (in white). Although the pair made it for a short while, currently, it is back below it. The candlestick structure indicates that the selling pressure continues in the market. This could cause the price to dip towards the horizontal support level of 0.065 BTC (... read More



Bitcoin, Ethereum Technical Analysis: Market Volatility Remains High, as...

    Volatility in cryptocurrency markets remained high on Thursday, as markets began to consolidate following a recent red wave. Bitcoin was back above $19,000 in today's session, with ethereum also rebounding following recent losses. As of writing, the global crypto market cap is up 2.43%Bitcoin Bitcoin (BTC) was trading higher on Thursday, as crypto markets marginally rebounded following yesterday's sell-off. The token rose to an intraday high of $19,688.34 earlier in today's session, less than a day after trading at a low of $18,927.12. Volatility in bitcoin has been heightened in recent weeks, as markets reacted to rising inflation, as well as a stronger U.S. Dollar. Looking at the chart, it appears that bulls are once again targeting a resistance point of $20,300, however they could face some obstacles in recapturing this point. The obstacles will likely come in the form of the 14-day relative strength index (RSI), which is nearing a resistance of its own at 49.50 Currently, the index is tracking at 46.38, with BTC falling from earlier gains, and as of writing trading at $19,440.82. Ethereum Like bitcoin, ethereum (ETH) was, relatively speaking, also back in the green in today's session, as it moved above $1,300. Wednesday saw ETH/USD slip to a bottom of $1,267.87, however this was short lived, with bulls taking the token to a high of $1,351.96 earlier today. The move sees the world's second largest cryptocurrency race past a resistance of $1,330, however volatility in the... read More



Defying Bear Market Trends, CryptoPunk 2924 Sells for $4.5 Million in ET...

    While industry data suggest a steep decline in NFT sales, there are quite a few individual ones that indicate the interest in such assets is shifting away from volume to value.    In one such sale, CryptoPunk NFT #2924 went for a whopping 3,300 ETH, equivalent to nearly $4.5 million, Thursday afternoon.  CryptoPunk NFT Claims Another Best Price    Sold by pseudonymous NFT collector speedphrase, this is one of the highest prices since February 2022 when Punk #8522 was bought for 8,000 ETH, equivalent to $24 million at that time, the highest so far for a punk. The hoodie ape punk sold today is one of the 24 punk apes and the 38th rarest out of a total of 10,000 created in 2017 by Larva Labs. Last time, it sold for 150 ETH, equivalent to nearly $71,400, in November 2020.  In March 2022, Yuga Labs, the creator of Bored Apes Yacht Club (BYAC) and Mutant Apes Yacht Club (MAYC) NFT collections, bought the intellectual properties of CryptoPunks from Larva Labs. As a consequence, the floor price of Bored Ape Yacht Club NFTs recorded a whopping 25% rise in the 24 hours since the announcement on March 12. Punk NFTs ruled the market throughout 2021 until December, when Bored Apes, for the first time, pipped them in price. The floor price of the BAYC NFT collection reached 54 ETH surpassing CryptoPunk's 52.8 ETH on December 22 on OpenSea. In the seven days to January 27, BYAC's trading volume doubled that of CryptoPunk.   CryptoPunk NFTs h... read More



TA: Ethereum Price Eyes Fresh Surge, 100 SMA Holds The Key

    Ethereum recovered losses and climbed above the $1,320 level against the US Dollar. ETH could start a fresh increase if there is a clear move above $1,350. Ethereum found support near the $1,250 level and recovered losses. The price is now trading above $1,300 and the 100 hourly simple moving average. There is a short-term contracting triangle forming with support at $1,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if there is a clear move above the $1,350 resistance zone. Ethereum Price Remains Strong Ethereum found support near the $1,250 level after a strong decline. ETH traded as low as $1,253 and started a fresh increase. There was a steady increase and the price was able to clear the $1,300 resistance. The bulls were active above the $1,300 level. There was a clear move above the 50% Fib retracement level of the downward move from the $1,399 swing high to $1,253 low. The price is now trading above $1,320 and the 100 hourly simple moving average. There is also a short-term contracting triangle forming with support at $1,340 on the hourly chart of ETH/USD. On the upside, the price is facing resistance near the $1,350 and $1,355 levels. The next major resistance is near $1,365 level. It is near the 76.4% Fib retracement level of the downward move from the $1,399 swing high to $1,253 low. A clear break above $1,365 might start a decent increase towards the $1,400 level. Source: ETHUSD on TradingView.com Any more gains may... read More



The Ethereum Merge: What Is Trading Headed Towards?

    If Bitcoin is the digital gold of the crypto sphere, then Ethereum is the digital silver. The blockchain powerhouse headed by Vitalik Buterin has taken the world by storm since its foundation in 2015, and its price journey has outperformed BTC on several occasions. From its starting value of just under $1, the price of Ethereum surged to more than $4,800 last year. This was some of the biggest Ethereum news, but 2022 has marked a major landmark in this cryptocurrency’s journey: The merge! The merge is seriously exciting, from overhauling price predictions and revolutionising trading to taking Ethereum into the future. Today, we’ll look at how it will change things and cover everything you need to know. But first, what exactly is The Merge? What Is The Ethereum Merge? The Ethereum Merge has been a long-awaited upgrade of the digital framework of the world’s second-biggest cryptocurrency that an inefficient energy-sapping system has long been plagued by. By swapping proof-of-work (PoW) for proof-of-stake (PoS), a seriously difficult and time-consuming task like a digital version of switching the engine of a car, Ethereum has now achieved energy efficiency and can class itself as one of the few environmentally-friendly cryptocurrencies that now consumes around 99.9% less energy. To put this into perspective, this transformation is equal to the country of Finland closing down its national power grid, according to Digiconomist. And it’s not just energy effi... read More



Bitcoin, Ethereum Technical Analysis: BTC, ETH Lower as Powell Claims Th...

    Bitcoin was back in the red on Wednesday, as U.S. Federal Reserve Chair Jerome Powell called for more regulation in decentralized finance (defi), citing 'structural issues' as a key reason. The token fell below $19,000 on the comments, moving closer to a key support point as a result. Ethereum also slipped following yesterday's rebound, with the price back below $1,300.Bitcoin Bitcoin (BTC) was back in the red on Wednesday, as markets reacted to comments from U.S. Federal Reserve Chair Jerome Powell. Speaking on Tuesday evening, Powell stated that more regulation is needed in the crypto market, with recent declines in price highlighting 'structural issues.' In his comments, Powell said of the current relationship between defi and traditional finance: 'Ultimately that's not a stable equilibrium and we need to be very careful about … how crypto activities are taken within the regulatory perimeter.' Following the remarks, BTC/USD slipped to an intraday low of $18,553.30 earlier in the session, less than a day after hitting a peak of $20,338.46. As a result of today's sell-off, bitcoin moved closer to its key support point of $18,300. However, bulls have responded, pushing price away from this level. Currently, BTC is trading at $18,976.35, as traders seem to have closed out earlier shorts, giving way to some bullish sentiment. Ethereum Bitcoin wasn't the only token impacted by Powell's comments, with ethereum (ETH) also trading lower in today's session. The world's seco... read More



TA: Ethereum Price Just Reversed and $1,200 is Imminent, Here's Why

    Ethereum started a major decline from the $1,400 resistance against the US Dollar. ETH is moving lower and might even slide towards the $1,200 level. Ethereum gained bearish momentum below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support at $1,290 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline towards the $1,220 and $1,200 support levels. Ethereum Price Dips Again Ethereum attempted a decent increase above the $1,350 level. ETH even broke the $1,380, similar to bitcoin. However, the bulls failed to clear the $1,400 resistance zone. A high was formed near $1,399 and the price started a fresh decline. There was a clear move below the $1,350 and $1,320 support levels. There was a clear move below the 76.4% Fib retracement level of the upward move from the $1,269 swing low to $1,399 high. Besides, there was a break below a major bullish trend line with support at $1,290 on the hourly chart of ETH/USD. Ether price is also trading below $1,300 and the 100 hourly simple moving average. On the upside, the price is facing resistance near the $1,290 and $1,300 levels. The next major resistance is near $1,325 level and the 100 hourly SMA. A clear break above $1,325 might start a decent increase towards the $1,380 level. Source: ETHUSD on TradingView.com Any more gains may perhaps open the doors for a move towards... read More



Ethereum Merge – a Turning Point, NFT Wave 2.0, and MyEtherWallet'...

    The Ethereum ecosystem is among the fastest-growing in the cryptocurrency industry, especially in the past few years. With the foray of decentralized finance (DeFi) applications in 2020, it became obvious that crypto users needed tools to interact with various DApps in a way that's accessible to those who don't necessarily have coding knowledge. Even though popular before that, this was when self-custody wallets, like MyEtherWallet, became mainstream. During EthCC 5 in Paris in July, CryptoPotato had the chance to speak to Brian Norton - Chief Operations Officer (COO) at MyEtherWallet (MEW). In this exclusive interview, we chat about some of the most unique challenges in operating one of the most veteran self-custody wallets, their approach to a cross-chain future, Ethereum 2.0, what it means for the industry and MEW users, and more. ‘Quickly Moving Into a Cross-Chain World’ MyEtherWallet (MEW) is a completely free and open-source client-side interface that allows users to interact with the Ethereum blockchain. It has gone through many changes since it was founded back in 2015 as the first-ever wallet made for the ETH blockchain. MEW doesn't store private keys (hence the self-custody part), and, therefore, it can't access user accounts, recover keys, reverse transactions, or reset passwords. Brian Norton; Source: Yahoo Finance That said, operating an open-source platform of such scale surely is challenging. Speaking on the matter, Norton said: “Some of the c... read More



Ethereum Name Service (ENS) Looks Strong, Eyes $16 Reclaim

    ENS price ranges break above 50 EMA on the daily timeframe.  ENS price gets rejected as price attempts to break out of an asymmetric triangle. The price holds above daily support and could retest daily resistance for a possible break.  Ethereum Names Service (ENS) price showed bullish strength recently, but the price has struggled to break above key resistance against tether (USDT). With Ethereum Name Service (ENS) facing resistance to breaking above $16, acting as a tough resistance area, the price of ENS continues to trade above daily support as the price aims to break key resistance. (Data from Binance) Ethereum Name Service (ENS) Price Analysis On The Weekly Chart  After bouncing from its weekly low of $9 as a price rally to a high of $17 before facing a stip rejection, the price of ENS has recently declined, and the price has continued to struggle to rejuvenate its bullish trend. The price of ENS remains above a critical support level of $14, acting as a good demand zone for buy orders. For ENS to have a chance to trend higher, the price must break through its weekly resistance of $16. To restore a relief bounce, the price of ENS must break and hold above the $16-$17 resistance level that is preventing the price of ENS from trending higher. If the price of ENS continues to reject $16, we may see a retest of $14 and possibly a lower support area of $10 on the weekly chart. If the price of ENS breaks and holds above $17, it could spark a major rally, as th... read More



ETH Nearing Key Support: $1K to Be Retested if it Breaks (Ethereum Price...

    Despite a 7% spike for Ethereum in the last 48 hours, followed by a steep decline, the possibility of a bullish rally remains low. The price has yet to recover from the major drops that took place in September. The first step towards bullish sentiment would be to reclaim the critical level of $1,550. Technical Analysis By Grizzly The Daily Chart As seen below, an ascending triangle pattern (in yellow) has developed on the ETH/USDT trading pair chart. This pattern is textbook bullish (most breakouts' direction is to the bullish side), but the price is still nowhere near breaking the top of this triangle. The horizontal level of $1,550 (in red) has become crucial support since early August but now has become a strong resistance. This is the first significant barrier before attempting for $2000. Assuming the price can not surpass the $1,550 mark and drops to the bottom of the triangle, the possibility of breaking to the downside increases with each attempt. Additionally, if ETH drops below $1,240, a retest of $1,000 is not out of the question. In conclusion, the above-mentioned horizontal levels of $1,420 and $1,550 should be watched closely. Key Support Levels: $1240 & $1000 Key Resistance Levels: $1550 & $2000 Daily Moving Averages: MA20: $1473 MA50: $1597 MA100: $1479 MA200: $1985 The ETH/BTC Chart Against Bitcoin, the price action has not changed structurally over the past week. Buyers maintain the critical level of 0.066-0.067 BTC (in green). Unless ETH breaks below, anoth... read More



Bitcoin, Ethereum Technical Analysis: BTC Back Above $20,000 as Bulls Re...

    Following a turbulent start to the week, bitcoin was back in the green on Tuesday, as the token climbed back above $20,000. The move saw prices race to their highest point in nearly two weeks, moving past a key resistance level in the process. Ethereum was also trading higher, as it neared the $1,400 level.Bitcoin Bitcoin (BTC) neared a two-week high on Tuesday, as the token rebounded following a recent bearish spell. Following a bottom of $19,006.11 to start the week, BTC/USD raced to an intraday peak of $20,294.34 on Tuesday. This is the highest point that the token has traded at since September 14, and is marginally above a resistance level of $20,250. As of writing, BTC is still trading slightly above this ceiling, with the 14-day relative strength index (RSI) also tracking above a similar threshold. Currently the index resides at a reading of 52.72, which is above its own resistance level of 49.00. Should price strength continue to move in an upward direction, then we could see BTC back above $21,000 in the coming days. Ethereum On Tuesday, ethereum (ETH) was also trading higher, with the world's second largest cryptocurrency moving back towards the $1,400 level. ETH/USD rose to a high of $1,395.31 earlier in the day, which is the highest point the token has hit in the last five days. The move came following a breakout of a recent resistance of $1,335, with the RSI also moving past a ceiling of its own. In this instance it was the 39.50 point, which had been a major o... read More



Cardano Founder And ETH Dev Get Into A Tussle of Word On Twitter

    Twitter threads from last week reveal a series of heated arguments between Cardano founder and Ethereum’s co-founder, and Vitalik Buterin. Amid several backlashes caused by lapses in the Ethereum Upgrade, the co-founders argue over the execution of the POS consensus mechanism. A lot has transpired within the past days after the Ethereum upgrade. Also, there are more like the Shanghai upgrade to come. On Saturday, 24 September, Evan Van Ness, a Web3 investor, expressed his opinion regarding the Ethereum merge. Van asserted that the last ten days after the merge are evidence the merge should have happened earlier. Buterin seeing Van Ness's tweet, agreed with him, saying they should have implemented an NXT-like chain based on POS. Charles Hoskinson Claims Ethereum POS Is a Bad Design Hoskinson joined the Buterin-Van Ness conversation, saying there should be a Snow White protocol to ensure faster POS migration. Hoskinson’s opinion didn't go well with the others, which resulted in an argument between him, Van Ness, and other Ethereum developers. Snow White is a protocol that provides end-to-end proof of security for POS systems. Hoskinson has been an advocate of Snow White for many years. Hoskinson claimed his idea for the Ethereum network's technical upgrade in 2014 was better than the present upgrade. Van Ness recalled that Hoskinson got removed from Ethereum due to his bad behavior and lack of notable technical contributions. Hoskinson accused Ethereum developers o... read More



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