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Ethereum started a decent recovery wave above $1,180 against the US Dollar. ETH could start a fresh decline if it stays below the $1,250 resistance. Ethereum struggled to gain pace for a move above the $1,230 resistance level. The price is now trading above $1,170 and the 100 hourly simple moving average. There
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Ethereum is consolidating losses above the $1,200 support against the US Dollar. ETH could start a steady increase if there is a clear move above the $1,300 resistance. Ethereum is facing resistance near the $1,240 and $1,250 levels. The price is now trading below $1,240 and the 100 hourly simple moving average. There
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While non-fungible token (NFT) sales have slipped since the start of the year, the top five marketplaces, in terms of the largest number of all-time sales, have reached more than $40 billion. Moreover, the NFT marketplace platform Opensea captured over $32 billion worth of sales as the NFT market platform
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Ethereum is slowly moving lower below $1,300 against the US Dollar. ETH remains at a risk of major decline if it stays
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Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of
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Traders are increasingly deploying two strategies that utilize futures ahead of the Ethereum Merge, leading to a surge in ether futures volumes. Original Source
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On Sunday, August 21, 2022, the floor value of the Cryptopunks non-fungible token (NFT) collection briefly surpassed the Bored Ape Yacht Club (BAYC) NFT collection’s floor value. While it’s not by a huge amount, at the time, Cryptopunks floor was 66.45 ether, while BAYC’s least expensive NFT was 64.99 ETH. Cryptopunks
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If the blockchain’s Merge occurs as planned, the ether issuance rate will drop and daily selling pressure will reduce, the research firm said. Original Source
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Ethereum has been outperforming bitcoin for a while now. The altcoin had managed to grow so rapidly that it is now about half the market cap of bitcoin despite being more than 5 years younger. This outperformance had continued through the bull market and now even into the bear market.
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Ethereum remained well bid above the $1,465 level against the US Dollar. ETH could start a fresh surge if there is a close above the $1,600 resistance. Ethereum corrected lower but the bulls were active near the $1,465 zone. The price is now trading above $1,500 and the 100 hourly simple moving
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