ETH - Ethereum News & Analyses

[Pixie Pips]

I am in the Forex Trading. Forex is the best way to make money online, but I am also going to try Crytocurrency soon.

[Resolve]

On 10/6/2021 at 11:48 PM, Pixie Pips said:

I am in the Forex Trading. Forex is the best way to make money online, but I am also going to try Crytocurrency soon.

We need to make use of such type of a Trading System that is easy to understand and use by us.

[BTCETH Trader]

On 10/17/2021 at 6:45 PM, Resolve said:

We need to make use of such type of a Trading System that is easy to understand and use by us.

I am using a Trading system that is also easy to use.

[Resolve]

On 10/19/2021 at 12:18 PM, BTCETH Trader said:

I am using a Trading system that is also easy to use.

It becomes more important for the traders to make use of Reliable Trading Systems.

[BTCETH Trader]

16 hours ago, Resolve said:

It becomes more important for the traders to make use of Reliable Trading Systems.

We need to lower the Risks that are present while doing our trading.

[Resolve]

On 10/25/2021 at 2:03 PM, BTCETH Trader said:

We need to lower the Risks that are present while doing our trading.

I can say for sure that the Risks need to be brought down by us.

[hellenjones260]

 

Ethereum is the second-largest cryptocurrency in the crypto world. The best way to mine Etheruem is to join a cloud platform and get started. Cloud mining is better than individual mining because you save yourself from a number of obstacles. Big mining firms rent out their rigs for mining purposes. On the other hand, when you do mining individually, you face cutthroat competition. You must have a massive presence in order to grow. While choosing the cloud mining option and other specifications, choose the Ethereum mining contract smartly. Find out how much they are charging and the features they are offering. 

 

Cryptoknowmics

[Ronald Ray]

Ethereum extended its decline and tested the $1,000 support against the US Dollar. ETH is recovering, but it must clear $1,280 to start a steady upward move.

Ethereum dropped towards the $1,000 level before the bulls appeared.

The price is now trading below $1,280 and the 100 hourly simple moving average.

There was a break above a major bearish trend line with resistance near $1,205 on the hourly chart of ETH/USD (data feed via Kraken).

The pair could resume its decline unless it clears $1,280 and $1,300 in the near term.

Ethereum Price Faces Key Resistance
Ethereum started a fresh decline below the $1,100 level. The price traded to a new multi-month low and almost tested the $1,000 support zone.

A low was formed near $1,013 before the price started an upside correction. There was a recovery wave above the $1,120 and $1,150 levels.

Ether price climbed above the 23.6% Fib retracement level of the key drop from the $1,546 swing high to the $1,013 low.

Besides, there was a break above a major bearish trend line with resistance near $1,205 on the hourly chart of ETH/USD. However, the price is still trading below $1,280 and the 100 hourly simple moving average.

The bears were active near the $1,260 resistance zone. The next major resistance is near the $1,280 zone and the 100 hourly simple moving average.

The 50% Fib retracement level of the key drop from the $1,546 swing high to the $1,013 low is also near the $1,280 zone.

A clear move above the $1,280 resistance zone may perhaps start a decent upward move. The next major resistance is near the $1,420 level.

Any more gains could start a move towards the $1,550 resistance.

Fresh Decline In ETH?
If Ethereum fails to rise above the $1,280 resistance, it could start a fresh decline. Initial support on the downside is near the $1,180 zone. The next major support is near the $1,125 zone.

A clear move and break below the $1,125 zone could start a major decline. In the stated case, the price could slide towards the $1,000 support zone in the near term.

[skrimon]

Ethereum started a significant increase above $1,800 against the US Dollar. ETH is rising and might continue to rise towards the $2,000 resistance zone.

Ethereum found support near $1,680 and started a new increase. The price now trades above $1,800 and the 100 hourly simple moving average.

There was a break above a significant bearish trend line with resistance near $1,740 on the hourly chart of ETH/USD (data feed via Kraken).

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The pair could continue to rise further towards the $1,950 and $2,000 levels.

Ethereum Price Rallies 12%
Ethereum remained well bid above the $1,650 level. ETH formed a base and started a fresh increase above the $1,750 resistance zone. The bulls pumped the price above the $1,800 level.

The price climbed higher and even broke the $1,850 resistance. Finally, there was a move above $1,900 and the price settled above the 100 hourly simple moving average.

A high was formed near $1,919, and the price is now consolidating gains. It trades well above $1,800 and the 100 hourly simple moving average.

Ether price is also well above the 23.6% Fib retracement level of the upward move from the $1,655 low to the $1,919 high. Immediate resistance on the upside is near the $1,920 level. The first significant resistance is near the $1,950 level.

A clear move above the $1,950 level could start a steady increase to $2,000. If the bulls remain in action, the price may rise towards the $2,120 resistance zone in the near term.

Dips Supported in ETH?
If Ethereum fails to rise above the $1,920 resistance, it could start a downside correction. Initial support on the downside is near the $1,850 zone. The next significant support is near $1,800.

The primary support is near the $1,780 level or the 50% Fib retracement level of the upward move from the $1,655 low to the $1,919 high, below which there is a risk of a sharp decline.

In the stated case, ether price may decline towards the $1,750 support. Any more losses might call for a test of the $1,700 level.
Thanks for reading!

[Forbidden_zon]

I think we will not see 2K soon. It is worth seeing how Ethereum will react to the transition to the new protocol. Now they say that many miners will switch to Ethereum Classic mining. So it will be an interesting story.

[Worthy]

I wonder if it is a good time to invest in Ethereum？

[Lemon]

According to Arkham Intelligence, Robinhood controls the fifth-largest wallet in terms of Ethereum holdings. They stated, "While Robinhood's status as the third-largest Bitcoin wallet holder has been widely reported, most reports overlook the fact that they are also the fifth-largest Ethereum wallet holder, with holdings of ETH worth $2.54 billion." In a separate tweet, Arkham clarified that the funds in the wallet are held for user balances, as per the SEC's requirement for Robinhood to maintain a 1:1 ratio of cryptocurrency holdings to user balances. Arkham also mentioned that Robinhood's associated wallet holds other cryptocurrencies, including 122,076 BTC ($3.3 billion), 341 trillion Shiba Inu ($277.8 million), 4.9 million LINK ($29.7 million), and 2.6 million AVAX ($29.6 million).

[BlakeCB]

Julian Hosp, CEO of Cake Group, stated on social media X (formerly Twitter) that Ethereum is not only a better investment than Bitcoin, but has been doing so for many years. If you only want to hold one coin, it's ETH. Do you agree?

[Kennysplash]

We really cannot say what the best cryptocurrency will be, we can only speculate. But Ethereum is showing good signs. 

[Hanan Öberg]

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[uncle gober]

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[maspluto]

Fund and risk management are indeed crucial factors in forex. As a trader, one must be able to manage risks effectively, coupled with matured skills. With all these aspects in place, trading can be well-directed with Tickmill broker.

[amaniwolff]

Cant explicitlly say its there best but its certainly out performinig other cryptos based on prioce preservation.

[uncle gober]

Picking a broker requires careful consideration since the broker serves as the bridge for traders to engage in forex trading. That's why I chose to join Tickmill as my broker, enabling me to conduct forex trading comfortably and securely.

[ONUS]

In a recent post, Ethereum co-founder Vitalik Buterin identified three technical "milestones" critical to Ethereum's success — layer 2 scaling, wallet security, and features that strengthen privacy. He emphasized that without an efficient scaling infrastructure to provide affordable prices for transactions, Ethereum will essentially "fail". He also emphasized the complexities of moving to smart contract wallets, especially from a user experience perspective when dealing with multiple addresses. Finally, Buterin emphasizes the need for improved privacy through enhanced identity, reputation, and social recovery systems. Buterin admitted that achieving all three transformation milestones will be "challenging" due to the close coordination required between these aspects.