Ethereum (ETH) Monthly Price Trends (May)
Ethereum is continuing its long-term trend, having formed a likely wave of a flat. Will the upward movement continue, or is a larger-scale flat about to start? At which point is the upward trend most likely to change? The level of $10, which we have determined earlier, has been decisive during the choosing of a direction. After fortifying on it, Ethereum’s price has formed a turn to growth, thus continuing a long-term trend. There is a probability that the movement, which started at $8, will turn out to be a wave of a long-term flat. If that is the case, Ethereum will return to its....
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Ethereum extended its rise above the $465 resistance against the US Dollar. ETH price traded to a new monthly high near $477 and recently started a downside correction. Ethereum is still following a nice bullish path above the $450 and $455 support levels. The price traded to a new monthly high near $477 and settled […]
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Over the past few weeks, the price of Ethereum has been on a downward trend due to a highly volatile market environment. ETH’s bearish action appears to have hampered on-chain activities, as evidenced by a decline in its total transactions carried out within a monthly period. A Quiet Month For The Ethereum Network Ethereum’s on-chain […]