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Ethereum

Q: 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.

ETHUSD

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1741.570

-4.690-0.27%



Market Movers:Ethereum (ETHUSD) Fluctuated Significantly on Jul 9: Key Variables Behind the Move

Overview

Discussions

View Detailed Chart

TradingKey Chart

Time

15m

30m

Today

-0.38%

5 Days

+2.14%

1 Month

+4.86%

6 Months

-43.57%

Year to Date

-41.61%

1 Year

-36.40%

View Detailed Chart

TradingKey Chart

Key Data Points

Opening Price

1747.390

Previous Closing Price

1746.260

Price Range of the Day

1739.0701748.570

52-Week Price Range

1504.2404951.670

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.

15m

30m

15m

D

Sell

Sell(6)

Neutral(4)

Buy(2)

Indicators

Sell(1)

Neutral(4)

Buy(1)

Indicators

Value

Direction

MACD(12,26,9)

39.449

Neutral

RSI(14)

51.758

Neutral

STOCH(KDJ)(9,3,3)

67.818

Neutral

ATR(14)

64.238

High Vlolatility

CCI(14)

44.081

Neutral

Williams %R

31.090

Buy

TRIX(12,20)

0.066

Sell

StochRSI(14)

12.116

Oversold

Moving Average

Sell(5)

Neutral(0)

Buy(1)

Indicators

Value

Direction

MA5

1758.884

Sell

MA10

1743.575

Sell

MA20

1681.201

Buy

MA50

1772.604

Sell

MA100

2015.793

Sell

MA200

2233.404

Sell

Ethereum Trading Strategy

Intraday

Medium Term

Short Term

Trading Strategy

Our preference: target 1685.

Alternative scenario

above 1770, look for 1802 and 1821.

Comment

target 1685.

35 minutes ago

Source: Trading Central(Reference Only)

Ethereum News

Crypto Today: Bitcoin, Ethereum, XRP rise after defending key support amid renewed Middle East tensions

Cryptocurrency prices are broadly rebounding on Thursday, following a dominant sell-off largely attributed to geopolitical tensions in the Middle East.

Fxstreet12 hours ago

Ethereum (ETHUSD) Fluctuated Significantly on Jul 9: Key Variables Behind the Move

• U.S. spot Ethereum ETFs recorded four consecutive sessions of net inflows. • Macroeconomic expectations for monetary easing have increased investor appetite for digital assets. • Reduced unrealized losses and bullish derivatives positioning indicate stabilizing market sentiment.

TradingKey17 hours ago

Ethereum Price Forecast: Bulls reclaim dominance, but buying remains weak

Ethereum (ETH) has slowly seen a return of bullish dominance over the past few days after a lengthy period of bearish pressure. However, buying pressure remains weak despite registering nearly a 10% gain since the beginning of the month.

Fxstreet23 hours ago

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC faces renewed selling, ETH weakens, XRP risks deeper losses

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) face renewed selling on Wednesday, extending their corrective move so far this week. BTC faced rejection at $64,000, and ETH failed to break above the 50-day Exponential Moving Average (EMA).

FxstreetWed, Jul 8

Ethereum Price Forecast: ETH derivatives flip bullish, but uptrend isn't leverage-driven

Following improving sentiment across the crypto market, Ethereum (ETH) briefly recovered the $1,800 level over the past week, recording roughly a 10% gain.

FxstreetTue, Jul 7

Crypto Today: Bitcoin, Ethereum, XRP struggle to build momentum despite returning ETF inflows

The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.

FxstreetTue, Jul 7

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.

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1741.570

-4.690-0.27%