Ethereum Trading Volume At Its Most Sluggish, ETH Price Struggles Below $1,600
Ethereum is feeling the pressure this early, with trading volume at the receiving end and impacting the price of ETH. A major event in the crypto industry, The Merge is eagerly anticipated by many. By combining with the Beacon Chain, Ethereum will implement a system based on proof-of-stake. This system will significantly reduce Ether’s energy consumption. Despite the Merge’s promises of a new tomorrow for Ethereum, investors continue to have poor faith in the currency. The price of ETH plummeted significantly below the $1,500 support line on August 28 and has been stuck in that....
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According to VeChain pricing analysis, VET prices have been moving sideways over the last few days. VET prices moving sideways as seen in the past few days VeChain price fluctuating in the $0.02 and $0.027 range VET price is down by 0.5% Nevertheless, because the prices have been trading above the crucial support level of $0.02412, there has been a minor bullish bias in the prices. At $0.02474, the prices are now being rejected. As of this writing, VET is trading at $$0.02491, down 0.5 percent in the last 24 hours. It turned out that the low volume breakout was a fakeout. As a result, the....
The latest price action in Bitcoin is sluggish at best. The cryptocurrency is hovering near $240 as it struggles to maintain its positive momentum on its way up. As can be remembered from the previous Bitcoin price technical analysis Know This Range, the target is $245, which also happens to be a strong resistance point. Currently, the cryptocurrency is trading at $238.50. With the price rise, the technical indicators have turned in favor of the buyers, however, I am not convinced by the latest data. Fibonacci Retracements - During trading, Bitcoin has recently hit an intraday high of....
NEAR Protocol is looking bullish as it darts past the $4.7 support zone. NEAR’s bullish momentum appears to wane Price exhibits low trading volume NEAR price trading at $4.51 However, judging by the price movement, it looks like the bull’s luck may be running out. On the other hand, NEAR’s trading volume appears to be diminished or low even if the altcoin has amassed roughly 35% gains in that same period. So, does this mean a faltering demand for NEAR? From a long-term perspective, NEAR’s resistance and support levels could be anywhere near the $3.7, $4.5, and $6.8 levels; respectively.....
Bitcoin’s price struggles to stick to $10,700 as Uniswap’s decentralized exchange trading volume falls to cap September.
It’s never a dull day in crypto-land, and the great experiment progresses forward. The price of Bitcoin has declined a hair over the past 24 hours but remains relatively stable. Over the past few weeks, the value has maintained above $400 USD or more. People have also been eyeing another cryptocurrency called Ethereum, which skyrocketed this past month....