Can one expect a fall of ETH to $1,000? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum sassal0x
The rate of Ethereum has declined by 0.78% over the last 24 hours.
Despite the fall, Ethereum has started the day with a false breakout of the local support level at $1,200. At the moment, the rate is slowly approaching the resistance at $1,210.If the situation does not change, the rise may lead to a test of the $1,220 zone soon. On the daily chart, Ethereum keeps trading sideways as the rate is far from the key levels. However, if buyers lose the $1,200 area, one can expect a sharp move to $1,100 by the end of the week.
Ethereum is trading near the support level formed by the false breakout at $1,155. The selling volume remains high, which means that bears are more powerful than bulls at the moment. Respectively, the more likely scenario is a decline to the important level at $1,000.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
SOL and ETH Price Analysis for November 17How long is the fall of ETH and SOL going to last? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum
Read more »
Price analysis 11/18: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, UNI, LTCBitcoin and select altcoins are struggling to rise above their immediate resistance levels, indicating that bears remain in full control.
Read more »
Ethereum Software Firm ConsenSys Co-Launches Ethereum Climate PlatformEthereum-software firm ConsenSys has created the Ethereum Climate Platform, which aims to mitigate the excess energy consumption the blockchain used under its former proof-of-work protocol. cryptauxmargaux reports
Read more »
Five New Ethereum Updates Will Change Ethereum Virtual Machine as We Know It: DetailsEthereum Virtual Machine will get some updates that will make its implementation and usage even more effective
Read more »
CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataCardano blockchain builder InputOutputHK has released a zero knowledge privacy blockchain called Midnight, with a token called Dust to follow.IanAllison123 reports.
Read more »
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data – Market Updates Bitcoin NewsBitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures.
Read more »