tradingkey.logo
tradingkey.logo
Search

Ethereum

ETHUSD
Add to Watchlist

2257.330

+41.710+1.88%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+1.88%

5 Days

+19.81%

1 Month

+21.06%

6 Months

+15.96%

Year to Date

-24.23%

1 Year

-45.67%

Key Data Points

Opening Price

2297.920

Previous Closing Price

2215.620
Price Range of the Day
2238.6202301.610
52-Week Price Range
1504.2404951.670

Recent

Analysis

Ethereum Price Forecast: ETH jumps 18%, sparks over $1 billion in liquidations

Ethereum (ETH) has gained nearly 18% on Wednesday, sparking heavy short liquidations after weeks of sideways price action.

Fxstreet19 minutes ago

Crypto liquidations near $2 billion as US Treasury debt buyback sparks short squeeze

The cryptocurrency market has seen nearly $2 billion in liquidations over the past 24 hours, its largest since February 5.

Fxstreet5 hours ago

Ethereum (ETHUSD) Fluctuated Significantly on Aug 19: Key Variables Behind the Move

• Capital flowed into Ethereum following new regulatory frameworks and stable macroeconomic conditions. • Spot ETF inflows and record staking drove asset-specific demand and supply constraints. • Technical indicators show neutral MACD and RSI levels with overbought Williams %R.

TradingKey12 hours ago

Crypto Today: Bitcoin, Ethereum, XRP defend key support as ETF inflows return

Bitcoin’s (BTC) upside remains capped on Wednesday while the downside appears strongly supported above $64,000. The Crypto King’s early week rebound lost momentum near $65,000 as investors assessed the impact of geopolitical tensions in the Middle East.

Fxstreet12 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC breaks 50-day EMA, ETH near critical resistance, XRP hints mild recovery

Bitcoin (BTC) shows early signs of recovery, trading around $63,400 on Wednesday after a 2.9% gain and a close above key resistance earlier this week.

Fxstreet21 hours ago

Ethereum Price Forecast: Investors remain on the sidelines

Ethereum (ETH) continued its consolidation pattern over the past week with several key on-chain and derivatives metrics indicating traders remain hesitant to return to the market.

Fxstreet23 hours ago

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(1)
Neutral(0)
Buy(8)
Indicators
Sell(1)
Neutral(0)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
65.012
Buy
RSI(14)
82.873
Overbought
STOCH(KDJ)(9,3,3)
83.415
Buy
ATR(14)
59.346
High Vlolatility
CCI(14)
300.501
Overbought
Williams %R
9.961
Overbought
TRIX(12,20)
0.213
Sell
StochRSI(14)
100.000
Overbought
Moving Average
Sell(0)
Neutral(0)
Buy(6)
Indicators
Value
Direction
MA5
2033.322
Buy
MA10
1957.320
Buy
MA20
1923.796
Buy
MA50
1875.277
Buy
MA100
1862.173
Buy
MA200
2003.482
Buy

Ethereum Trading Strategy

Intraday
Medium Term
Short Term
The configuration is positive.

Trading Strategy

The configuration is positive.

Alternative scenario

below 2,227, expect 2,203 and 2,189.

Comment

The upside prevails as long as 2,227 is support, with 2,288 and 2,302 as targets

5 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

2257.330
+41.710+1.88%
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.