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Ethereum

ETHUSD
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2439.920

-65.410-2.61%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-2.61%

5 Days

+5.34%

1 Month

+25.48%

6 Months

+27.12%

Year to Date

-18.11%

1 Year

-46.85%

Key Data Points

Opening Price

2503.910

Previous Closing Price

2505.330
Price Range of the Day
2403.6802532.170
52-Week Price Range
1504.2404763.370

Recent

Analysis

Crypto Today: Bitcoin, Ethereum, XRP rally loses steam despite steady ETF inflows

Bitcoin (BTC) is back below $80,000 at the time of writing on Friday, after a second attempt at breaking resistance between $81,000 and $82,000. A daily close below $80,000 could raise the probability of an extended correction in search of liquidity.

Fxstreet8 hours ago

Ethereum (ETHUSD) Volatility Intensified on Aug 28: What You Should Know

• Ethereum experienced tactical profit-taking following technical overbought conditions and elevated momentum indicators. • Macroeconomic uncertainty and slower spot ETF inflows created a defensive institutional posture. • Network fundamentals remain stable, supported by strong decentralized finance utilization and staking activity.

TradingKey14 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH, XRP extend bullish runs as technicals warn of stretched momentum

Bitcoin (BTC) and Ethereum (ETH) extend gains on Friday, trading above $80,000 and $2,500, respectively, having rallied over 3% and 1.5% so far this week. Meanwhile, Ripple (XRP) hovers around $1.44 on Friday, down more than 5% this week.

Fxstreet15 hours ago

Ethereum Price Forecast: Rising stablecoin supply and ETF inflows behind ETH's rally

Ethereum (ETH) reclaimed $2,500 on Thursday following an expansion in stablecoin supply and exchange-traded funds (ETFs) inflows.

Fxstreet16 hours ago

Crypto Today: Bitcoin, Ethereum, XRP bulls regain strength amid steady capital inflows

Cryptocurrency prices are broadly edging higher on Thursday, led by Bitcoin’s (BTC) uptick near $80,000. Altcoins mirror Bitcoin’s short-term bullish outlook, with Ethereum (ETH) trading above $2,500 and Ripple (XRP) hovering above its key $1.40 support.

FxstreetThu, Aug 27

Ethereum (ETHUSD) Is up 1.01% on Aug 27: What Are the Risk Factors?

• Ethereum capital inflows were driven by sustained institutional accumulation via spot ETFs. • On-chain supply constraints and native staking restricted immediate spot availability and liquid float. • Derivatives showed stable funding rates while technical indicators signaled overbought market conditions.

TradingKeyThu, Aug 27

Indicators

The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

1m
5m
15m
30m
1h
2h
4h
D
W
M
1m
5m
15m
D
Buy
Sell(3)
Neutral(1)
Buy(7)
Indicators
Sell(2)
Neutral(1)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
64.788
Buy
RSI(14)
74.576
Buy
STOCH(KDJ)(9,3,3)
77.201
Sell
ATR(14)
106.353
High Vlolatility
CCI(14)
58.020
Neutral
Williams %R
17.647
Overbought
TRIX(12,20)
1.242
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
2464.512
Sell
MA10
2417.013
Buy
MA20
2153.321
Buy
MA50
1987.662
Buy
MA100
1884.077
Buy
MA200
2017.172
Buy

Ethereum Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 2,467 is support, with 2,575 and 2,593 as targets

Trading Strategy

The upside prevails as long as 2,467 is support, with 2,575 and 2,593 as targets

Alternative scenario

below 2,467, expect 2,438 and 2,421.

Comment

The upside prevails as long as 2,467 is support, with 2,575 and 2,593 as targets

2 hours ago
Source: Trading Central(Reference Only)

More Details of Ethereum

Ethereum, a decentralized open-source blockchain, features its native cryptocurrency, Ether (ETH). Serving as a platform for numerous other cryptocurrencies, it also facilitates the execution of decentralized smart contracts. Initially described in a 2013 whitepaper by Vitalik Buterin, Ethereum secured funding through an online public crowd sale in summer 2014, raising $18.3 million in Bitcoin. The Initial Coin Offering (ICO) price for Ethereum was $0.311, with over 60 million Ether sold. Considering Ethereum’s current price, the investment has yielded an annualized return on investment (ROI) of over 270%, effectively quadrupling the initial investment annually since 2014. The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since its inception, Ethereum has undergone several significant network updates: “Constantinople” on February 28, 2019, “Istanbul” on December 8, 2019, “Muir Glacier” on January 2, 2020, “Berlin” on April 14, 2021, and the “London” hard fork on August 5, 2021. Ethereum aims to become a global platform for decentralized applications (dApps), enabling users worldwide to write and run software that is resistant to censorship, downtime, and fraud.

What was the Ethereum Merge?

The "Merge" referred to Ethereum's transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) validation system. Ethereum's core developers had been pushing for this transition for many years, hoping that a PoS model would make the network easier to scale without sacrificing decentralization. Developers also stated that PoS could reduce Ethereum's environmental impact. In 2022, Ethereum renamed its transition from proof-of-work to proof-of-stake, previously known as "Ethereum 2.0", to "The Merge". The Merge went live on September 15, 2022, after the successful merging of the Goerli testnet on August 11, 2022. The Merge process involved fusing the original PoW Ethereum mainchain with the new PoS Beacon Chain. During the Merge, all the transaction data and decentralized applications (dApps) on the PoW Ethereum migrated to the new PoS chain.

What makes ETH unique?

Unlike a typical cryptocurrency, Ethereum is a decentralized platform that enables the development of decentralized applications (dApps) and smart contracts. This means Ethereum is not controlled by any company, institution, or other centralized authority. The combination of Ethereum's cryptocurrency functionality and its digital platform capabilities gives it the potential to significantly transform how we conduct business and exchange value over the internet.

Is Ethereum better than Bitcoin?

Compared to Bitcoin, Ethereum has some unique advantages: -- Ethereum has no supply cap, while Bitcoin has a maximum supply limit. -- Ethereum supports the development of smart contracts and decentralized applications, while Bitcoin is more solely a payment mechanism. This gives Ethereum a broader range of use cases. However, the two cryptocurrencies each have their own pros and cons, and may be suitable for different use cases. Whether one is "better" than the other depends on the specific needs and requirements.

Ethereum

2439.920
-65.410-2.61%
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