What is Ethereum? Blockchain, for purists, represents perfection, efficiency, independence, and transparency. These are ideals on which centralized systems are supposed to be built. However, that has not been the case. The failure of banks to protect the user was incensing and led to the creation of Bitcoin, the most dominant in the crypto market. […]
Ethereum bulls have continued to sustain recent rallies despite the recent fall to the $1,700 support. Presently, the price has fallen above the moving averages.
Ethereum developers have just approved a proposal that could change everything we know the network and its native coin to be. Ether is predicted to surge dramatically once the EIP-1559 debuts, and this will be for all the right reasons, including potentially challenging Bitcoin for the front position, as Ethereum proponents have speculated. This is […]
Ethereum bulls have broken the minor resistances at $1,600 and $1,700 as price reaches the high of $1,760. However, the selling pressure at a recent high has made upward move impossible.
On March 1 Ethereum had risen above $1,500 at the time of writing. The market is likely to rise if the current bullish momentum is sustained but face resistance at the $1,700 high.
Yesterday, Ethereum bulls were retesting the $1,700 high to break above it. The upside momentum was weak as bulls failed to break above the recent high.