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Ethereum

ETHUSD
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2518.680

+48.910+1.98%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

+1.93%

5 Days

+13.62%

1 Month

+31.71%

6 Months

+24.11%

Year to Date

-15.50%

1 Year

-45.04%

Key Data Points

Opening Price

2482.220

Previous Closing Price

2469.770
Price Range of the Day
2477.8802563.880
52-Week Price Range
1504.2404763.370

Recent

Analysis

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.

Fxstreet7 hours ago

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.

TradingKey9 hours ago

Ethereum Price Forecast: Derivatives demand cools after short squeeze-led rally

After Ethereum (ETH) gained over 30% last week, bulls have begun dominating its net taker volume. The 30-day moving average of the metric flipped positive last week, indicating immediate market activity in perpetual futures leans toward the upside.

Fxstreet11 hours ago

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate ahead of the next leg up

Bitcoin (BTC) has retained a strong bullish outlook since last week, trading around $79,000 on Wednesday. As the Crypto King consolidates, bulls appear to be mulling another breakout attempt to reclaim $80,000 and push beyond the supply zone at $82,500.

FxstreetWed, Aug 26

Ethereum (ETHUSD) Is up 1.20% on Aug 26: Key Drivers to Watch

• Favorable macro liquidity and spot ETF demand drove capital inflows into Ethereum. • Protocol upgrades and corporate treasury adoption reinforced Ethereum's long-term value proposition. • Technical indicators like the RSI and Williams %R suggest overbought market conditions.

TradingKeyWed, Aug 26

Top 3 Crypto Price Prediction: Bitcoin, Ethereum, Ripple – BTC pauses near $80,000, ETH at $2,500, XRP below $1.50

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are facing downside pressure near key psychological thresholds as last week's double-digit rally loses momentum. The pullback reflects near-term corrective measures as traders book profits.

FxstreetWed, Aug 26

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
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D
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1m
5m
15m
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Buy
Sell(1)
Neutral(1)
Buy(8)
Indicators
Sell(1)
Neutral(1)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
87.665
Buy
RSI(14)
83.958
Overbought
STOCH(KDJ)(9,3,3)
91.128
Overbought
ATR(14)
99.229
High Vlolatility
CCI(14)
80.945
Neutral
Williams %R
6.451
Overbought
TRIX(12,20)
1.198
Sell
StochRSI(14)
45.285
Buy
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
2468.588
Buy
MA10
2365.305
Buy
MA20
2127.836
Buy
MA50
1974.036
Buy
MA100
1881.139
Buy
MA200
2015.634
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

29 minutes 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

2518.680
+48.910+1.98%
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