tradingkey.logo
tradingkey.logo
Search

Ethereum

ETHUSD
Add to Watchlist

2453.520

-15.800-0.64%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
M
D

Today

-0.64%

5 Days

+1.43%

1 Month

+27.93%

6 Months

+25.40%

Year to Date

-17.65%

1 Year

-42.86%

Key Data Points

Opening Price

2466.840

Previous Closing Price

2469.320
Price Range of the Day
2440.9302468.530
52-Week Price Range
1504.2404763.370

Recent

Analysis

Ethereum Price Forecast: ETH holds near $2,500 amid derivatives weakness

Ethereum (ETH) holds steady near $2,500 on Wednesday amid weakness in derivatives and mild buying dominance in spot markets.

Fxstreet3 hours ago

Crypto Today: Bitcoin, Ethereum, XRP regain strength as US Treasury doubles down on buybacks

Bitcoin (BTC) is trending higher alongside other major cryptocurrencies on Wednesday. Ethereum (ETH) has reclaimed $2,500 as short-term support, raising the odds that the uptrend will gain momentum.

Fxstreet12 hours ago

Ethereum (ETHUSD) Is up 1.09% on Sep 9: What Are the Risk Factors?

• Global liquidity injections and risk-on sentiment supported Ethereum market valuations. • Record staking levels and spot ETF inflows tightened circulating supply. • Technical indicators showed neutral to buying conditions alongside expanding open interest.

TradingKey18 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC takes a breather, ETH and XRP maintain bullish footing

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are trading with a broadly constructive tone on Wednesday despite BTC's mild pullback over the past two days.

Fxstreet19 hours ago

Ethereum Price Forecast: BitMine buys 28K ETH, predicts continuation of uptrend

Ethereum (ETH) treasury firm BitMine Immersion Technologies (BMNR) has continued its weekly acquisition of the top altcoin.

FxstreetTue, Sep 8

Crypto Today: Bitcoin, Ethereum, XRP tick down despite a broader bullish crypto market outlook

Bitcoin (BTC) remains in a short-term corrective trend, edging lower toward $78,000 on Tuesday. The largest cryptocurrency by market capitalization broadly corrected following last week’s breakout toward $81,500.

FxstreetTue, Sep 8

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(5)
Neutral(5)
Buy(3)
Indicators
Sell(2)
Neutral(5)
Buy(0)
Indicators
Value
Direction
MACD(12,26,9)
-34.531
Neutral
RSI(14)
63.258
Neutral
STOCH(KDJ)(9,3,3)
64.244
Neutral
ATR(14)
85.530
Low Volatility
CCI(14)
42.501
Neutral
Williams %R
45.035
Neutral
TRIX(12,20)
0.756
Sell
StochRSI(14)
0.000
Sell
Moving Average
Sell(3)
Neutral(0)
Buy(3)
Indicators
Value
Direction
MA5
2482.820
Sell
MA10
2464.541
Sell
MA20
2460.336
Sell
MA50
2134.203
Buy
MA100
1932.270
Buy
MA200
2045.899
Buy

Ethereum Trading Strategy

Intraday
Medium Term
Short Term
The downside prevails as long as 2,518 is resistance, with 2,443 and 2,426 as targets

Trading Strategy

The downside prevails as long as 2,518 is resistance, with 2,443 and 2,426 as targets

Alternative scenario

above 2,518, look for 2,547 and 2,565.

Comment

The downside prevails as long as 2,518 is resistance, with 2,443 and 2,426 as targets

4 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

2453.520
-15.800-0.64%
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.