tradingkey.logo
tradingkey.logo
Search

Ethereum

ETHUSD
Add to Watchlist

1902.510

+22.790+1.21%
TradingKey Chart
Time
1m
15m
30m
1h
4h
D
W
D

Today

+1.21%

5 Days

+1.51%

1 Month

+4.33%

6 Months

-3.36%

Year to Date

-36.15%

1 Year

-55.12%

Key Data Points

Opening Price

1879.780

Previous Closing Price

1879.720
Price Range of the Day
1876.4201922.480
52-Week Price Range
1504.2404951.670

Recent

Analysis

Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as focus shifts to US inflation data

Cryptocurrency prices are largely consolidating, with Bitcoin (BTC) hovering near the resistance at $64,000 at the time of writing on Wednesday.

Fxstreet3 hours ago

Ethereum (ETHUSD) Is up 1.17% on Aug 12: Here Is Why

• U.S. inflation data stabilization and easing yields supported digital asset liquidity. • Institutional spot demand and corporate treasury accumulation defended key technical support levels. • Short covering and rising staking participation contributed to the intraday price advance.

TradingKey4 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC steadies, ETH holds 50-day EMA, XRP rebounds from $1 support

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are showing mixed price action on Wednesday as traders assess key technical support levels. BTC remains under pressure after its recent decline, while ETH is attempting to extend its rebound from the 50-day Exponential Moving Average (EMA).

Fxstreet10 hours ago

Bitcoin lags S&P 500, Nasdaq despite renewed ETF inflows

Bitcoin (BTC) gained 2.15% last week, trailing the S&P 500's 3.51% return and the Nasdaq's 5.09% gain, despite a broad rally across risk assets. The gains came following a weaker-than-expected July payrolls report, according to market-making firm Wintermute.

Fxstreet11 hours ago

Can EIP-8363 save Ethereum's ultrasound money thesis, or is the damage already done?

Over the past two years, Ethereum (ETH) has faced one of its biggest challenges — its circulating supply has been in an uptrend, a direct stab at its ultrasound money thesis.

Fxstreet17 hours ago

Ethereum (ETHUSD) Suddenly Goes down 1.03% on Aug 11: What You Need to Watch

• Spot Ethereum ETFs recorded net daily outflows as institutional demand cooled. • Macro investors reduced risk exposure ahead of upcoming U.S. inflation data. • Technical indicators show mixed signals with the Williams %R suggesting selling conditions.

TradingKey22 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(2)
Neutral(4)
Buy(7)
Indicators
Sell(1)
Neutral(4)
Buy(2)
Indicators
Value
Direction
MACD(12,26,9)
-9.232
Neutral
RSI(14)
53.776
Neutral
STOCH(KDJ)(9,3,3)
56.768
Neutral
ATR(14)
49.089
Low Volatility
CCI(14)
34.790
Neutral
Williams %R
32.242
Buy
TRIX(12,20)
0.127
Sell
StochRSI(14)
53.184
Buy
Moving Average
Sell(1)
Neutral(0)
Buy(5)
Indicators
Value
Direction
MA5
1898.712
Buy
MA10
1896.573
Buy
MA20
1892.169
Buy
MA50
1813.236
Buy
MA100
1890.159
Buy
MA200
2034.507
Sell

Ethereum Trading Strategy

Intraday
Medium Term
Short Term
The upside prevails as long as 1,887 is support, with 1,941 and 1,955 as targets

Trading Strategy

The upside prevails as long as 1,887 is support, with 1,941 and 1,955 as targets

Alternative scenario

below 1,887, expect 1,864 and 1,850.

Comment

The upside prevails as long as 1,887 is support, with 1,941 and 1,955 as targets

13 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

1902.510
+22.790+1.21%
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.