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Ethereum

ETHUSD
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2417.360

-52.760-2.14%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-2.16%

5 Days

-2.26%

1 Month

+29.95%

6 Months

+23.57%

Year to Date

-18.88%

1 Year

-45.70%

Key Data Points

Opening Price

2473.660

Previous Closing Price

2470.120
Price Range of the Day
2380.8402483.000
52-Week Price Range
1504.2404763.370

Recent

Analysis

Crypto Today: Bitcoin, Ethereum, XRP struggle to extend gains despite ETF inflows

Cryptocurrency prices are broadly consolidating on Tuesday, after the uptrend stalled amid renewed geopolitical tensions in the Middle East last weekend. Bitcoin (BTC)n hovers above $78,000 support as bulls struggle to extend gains.

Fxstreet10 hours ago

Ethereum (ETHUSD) Is down 1.09% on Sep 1: What Are the Risk Factors?

• Ethereum declined after failing to breach overhead technical resistance near key psychological levels. • Macroeconomic conditions and rising exchange inflows triggered short-term position unwinding and long liquidations. • Technical indicators show a MACD buy signal alongside neutral and overbought conditions.

TradingKey12 hours ago

Ethereum Price Forecast: BitMine scoops 53K ETH as Lee predicts increased institutional accumulation​

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) extended its ETH buying run following another round of weekly acquisitions.

Fxstreet23 hours ago

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate amid renewed US-Iran strikes

The cryptocurrency market is broadly consolidating on Monday, with select assets posting modest gains. Bitcoin (BTC) remains resilient above $78,000 as investors anticipate a renewed push toward $80,000.

FxstreetMon, Aug 31

Ethereum (ETHUSD) Volatility Intensified on Aug 31: What You Should Know

• Federal Reserve hawkish signals triggered macroeconomic de-risking and cryptocurrency profit-taking. • Technical resistance at $2,500 caused cascading long liquidations and leverage flushing. • Core network fundamentals remained resilient with active validator staking queues.

TradingKeyMon, Aug 31

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC pauses, ETH faces $2,500 resistance, XRP holds 200-day EMA key support

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) have paused their gains after facing a slight pullback last week following their recent massive gains. BTC trades around $77,900 on Monday, and ETH faces selling pressure near the key $2,500 resistance level.

FxstreetMon, Aug 31

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
Neutral
Sell(4)
Neutral(2)
Buy(6)
Indicators
Sell(2)
Neutral(2)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
2.850
Buy
RSI(14)
66.368
Neutral
STOCH(KDJ)(9,3,3)
39.864
Sell
ATR(14)
121.403
Low Volatility
CCI(14)
8.736
Neutral
Williams %R
22.268
Buy
TRIX(12,20)
1.203
Sell
StochRSI(14)
0.000
Oversold
Moving Average
Sell(2)
Neutral(0)
Buy(4)
Indicators
Value
Direction
MA5
2450.154
Sell
MA10
2458.045
Sell
MA20
2265.853
Buy
MA50
2039.967
Buy
MA100
1897.746
Buy
MA200
2026.479
Buy

Ethereum Trading Strategy

Intraday
Medium Term
Short Term
The configuration is negative.

Trading Strategy

The configuration is negative.

Alternative scenario

above 2,436, look for 2,461 and 2,476.

Comment

The downside prevails as long as 2,436 is resistance, with 2,350 and 2,335 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

2417.360
-52.760-2.14%
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