tradingkey.logo
tradingkey.logo
Search

Ethereum

ETHUSD
Add to Watchlist

2460.700

-41.930-1.68%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-1.57%

5 Days

-1.68%

1 Month

+31.97%

6 Months

+25.26%

Year to Date

-17.32%

1 Year

-44.77%

Key Data Points

Opening Price

2502.030

Previous Closing Price

2502.630
Price Range of the Day
2434.5002544.150
52-Week Price Range
1504.2404763.370

Recent

Analysis

Crypto Today: Bitcoin, Ethereum, XRP recovery takes a breather amid capital inflows

Cryptocurrency prices are generally taking a breather at the time of writing on Friday, with Bitcoin (BTC) edging lower toward $80,000. This correction follows the sharp move to highs at $81,269 the previous day, underpinning renewed investor appetite.

Fxstreet2 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP await US NFP for next directional move

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) extend their weekly gains on Friday as traders await the US Nonfarm Payrolls (NFP) report for the next directional catalyst.

Fxstreet9 hours ago

Ethereum Price Forecast: ETH nudges higher amid ETF outflows, steady retail demand

Ethereum (ETH) extends gains above $2,400 on Thursday as investors return to the market, following renewed tensions between the United States (US) and Iran in the Middle East, which had triggered doldrums in the broader cryptocurrency market since last week.

Fxstreet22 hours ago

Crypto Today: Bitcoin, Ethereum, XRP show faint recovery signals amid mixed ETF flows

The cryptocurrency market broadly and subtly recovers on Thursday, led by Bitcoin’s (BTC) rise near $78,000. This follows persistent declines from the August peak near $81,500.

FxstreetThu, Sep 3

Ethereum shows mild weakness as derivatives interest, US sentiment weakens

Ethereum (ETH) eases toward $2,400 on Thursday as derivatives interest and US sentiment tilts toward the downside.

FxstreetThu, Sep 3

Ethereum (ETHUSD) Is up 1.05% on Sep 3: Why It Happened

• Macroeconomic liquidity and rate cut expectations boosted institutional capital allocation into Ether. • Capital rotation from Bitcoin and derivatives short squeezes accelerated Ether price momentum. • Technical indicators show neutral to sell conditions despite supportive regulatory and adoption trends.

TradingKeyThu, Sep 3

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(2)
Neutral(5)
Buy(6)
Indicators
Sell(2)
Neutral(5)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-21.457
Neutral
RSI(14)
64.112
Neutral
STOCH(KDJ)(9,3,3)
48.020
Neutral
ATR(14)
102.008
Low Volatility
CCI(14)
62.880
Neutral
Williams %R
53.893
Neutral
TRIX(12,20)
1.031
Sell
StochRSI(14)
8.209
Sell
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
2446.670
Buy
MA10
2457.219
Buy
MA20
2351.030
Buy
MA50
2073.622
Buy
MA100
1908.769
Buy
MA200
2033.023
Buy

Ethereum Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 2,466 is support, with 2,549 and 2,565 as targets

Trading Strategy

The upside prevails as long as 2,466 is support, with 2,549 and 2,565 as targets

Alternative scenario

below 2,466, expect 2,440 and 2,424.

Comment

The upside prevails as long as 2,466 is support, with 2,549 and 2,565 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

2460.700
-41.930-1.68%
tradingkey.logo
Risk Warning: Our Website and Mobile App provides only general information on certain investment products. Finsights does not provide, and the provision of such information must not be construed as Finsights providing, financial advice or recommendation for any investment product.
Investment products are subject to significant investment risks, including the possible loss of the principal amount invested and may not be suitable for everyone. Past performance of investment products is not indicative of their future performance.
Finsights may allow third party advertisers or affiliates to place or deliver advertisements on our Website or Mobile App or any part thereof and may be compensated by them based on your interaction with the advertisements.
© Copyright: FINSIGHTS MEDIA PTE. LTD. All Rights Reserved.