Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: newshunter on June 04, 2022, 07:00:27 AM

Title: 3 reasons why Ethereum price is pinned below $2,000
Post by: newshunter on June 04, 2022, 07:00:27 AM

3 reasons why Ethereum price is pinned below $2,000

ETH price is meeting strong resistance at the $2,000 level and these trading metrics explain why.

Source: 3 reasons why Ethereum price is pinned below $2,000 (https://cointelegraph.com/news/3-reasons-why-ethereum-price-is-pinned-below-2-000)

Would appreciate your opinion about this

Title: Re: 3 reasons why Ethereum price is pinned below $2,000
Post by: Fenix on June 07, 2022, 10:58:06 PM

The price of ethereum largely depends on the general state of the cryptocurrency market, and the market is now in deep decline since the end of last year. Therefore, it is not surprising that this coin has lost more than half the price from its previous peak. Now it's summer time and during this period there is almost never a good price increase. But in the fall, everything can change. In addition, a two-year update of the ethereum network should be completed by autumn, and this can provide a good incentive not only for the growth of this coin, but for the entire cryptocurrency market.

Title: Re: 3 reasons why Ethereum price is pinned below $2,000
Post by: boss2021sblog on June 08, 2022, 09:13:04 AM

I think this is the biggest hype this year