Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,700 as ‘Merge’ Date C...
Ethereum was back above $1,700 in Thursday’s session, as the date for the long-awaited “Merge” was finally confirmed. A blog post from the Ethereum Foundation stated that the event will begin on September 6, and be completed between September 10 and 20. Bitcoin also moved marginally higher, as it continued to approach $22,000. Bitcoin Bitcoin (BTC) rose higher on Thursday, as the token continued to rebound following a recent bearish streak. The world’s largest cryptocurrency surged to a high of $21,789.64 today, breaking out of a key....
Related News
The Ethereum ‘Merge’ remains one of the most anticipated upgrades out of the crypto space. This merge would be the network on a completely different track by improving the security and scalability of the blockchain. One thing that remains at the forefront of investors’ minds is what impact this upgrade will have on the asset […]
Ethereum is coming into heavy resistance north of $1,900 as the cryptocurrency attempts to push further into previously lost territory. Today, ETH core developers announced a tentative date for the upcoming “Merge” event set for September 15 to 16, 2022, which could bolster bulls’ attempts to climb higher. Related Reading: Bitcoin aSOPR Fails Retest Of Historical Bull-Bear Junction At the time of writing, Ethereum’s (ETH) price trades at $1,888 with 3% profits in the last 24 hours and a 17% profit in the last week. “The Merge” is the event that will complete Ethereum’s....
Ethereum and the crypto market slightly recovered some gains after the Federal Reserve (Fed) announced a 75-basis point (bps) interest rate hike. There was no surprise from the financial institutions, and the second crypto by market cap might be able to extend the bullish trend without external distractions. Related Reading | TA: Bitcoin Price Restarts Increase After Fed Rate Hike But Resistance Intact At the time of writing, Ethereum (ETH) trades at $1,640 with an 11% profit in the last 24 hours and a 7% profit over the past week. The cryptocurrency has reclaimed its position as the....
The Bitcoin price has been stuck below $20,000 as Ethereum and other altcoins take over the price action and push the sector upwards. Ethereum just deployed the “Bellatrix” upgrade, the final step before “The Merge”, and the price of Ethereum is blazing through local resistance. Related Reading: Ethereum Classic (ETC) Produces A Godlike Candle, How Far Can It Go? At the time of writing, Bitcoin price trades at $19,900 with sideways movement across the last 24 hours and 7 days respectively. In the meantime, the Ethereum price trades at $1,670 with a 7% and 8% profit over the same time....
In around a month, Ethereum will transition from a Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus. This event was dubbed “The Merge”, tentatively set for September 15 to 16, and will complete a 6-year journey into the new consensus algorithm and blockchain. Related Reading: Crypto Exchange Crypto.com Signs Undertaking With Canada’s OSC Users, exchange platforms, […]