#ethereumcoins

[cryptofighter94]

ETHEREUM ANALYSIS ETH/USDT The bulls tried to resume the uptrend in Ether (ETH) on Oct. 26 and 27 but could not sustain the price above $4,200. This suggests that bears are active at higher levels. The sellers have pulled the price to the 20-day EMA ($3,869), which is an important support to keep an eye on. A strong bounce off the 20-day EMA will suggest that the sentiment remains positive and traders are buying the dips. The bulls will then again try to resume the uptrend. On the contrary, if the 20-day EMA cracks, it will signal that traders may be booking profits and supply exceeds demand. The bears will then try to pull the price to the 50-day SMA ($3,488). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereum #ethereummining #ethereumcoins #ethereumnews #ethereumprice #ethereumtothemoon #ethereummining #ethereumcoins #ethereumblockchain #ethereumproject #ethereuminvestment #ethereumtrading https://www.instagram.com/p/CVjv-ugsgtS/?utm_medium=tumblr

[cryptofighter94]

ETHEREUM ANALYSIS ETH/USDT The bulls pushed Ether (ETH) above the overhead resistance at $3,335 on Aug. 23 and Aug. 24, but they could not sustain the higher levels. This suggests that bears are defending the level aggressively. The ETH/USDT pair dropped to the 20-day EMA ($3,080) on Aug. 25, but the long tail on the candlestick shows buying at lower levels. If the price sustains above the 20-day EMA, the buyers will take another shot at pushing the pair above $3,335. If they can pull it off, the pair may resume its uptrend, which could reach $3,670 and then $4,000. On the contrary, if the price again turns down from $3,335, a few days of consolidation is possible. The first sign of weakness will be a break and a close below $3,000. If bears sustain the price below this level, the pair could drop to the 200-day SMA ($2,352). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumprice #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereum_eth #ethereuminvestment #ethereumtrading #ethereum https://www.instagram.com/p/CTBhmfkj6cZ/?utm_medium=tumblr

[cryptofighter94]

ETH Locked in Ethereum 2.0 Contract Hits 6.7 Million ETH Peak, Here’s What It Means According to the data provided by the Glassnode analytics company, validators keep depositing their Ethers into the Ethereum 2.0 contract. This time, the amount of the total ETH locked there has come close to 7 million ETH and reached a new all-time high. Besides, ETH balances on centralized crypto exchanges keep declining and the number ETH non-zero addresses has reached a new historic peak. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumprice #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereum_eth #ethereuminvestment #ethereumtrading #ethereum https://www.instagram.com/p/CSpHgI6sGWT/?utm_medium=tumblr

[cryptofighter94]

Ethereum network burns $395K ETH per hour after London upgrade At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke. Approximately 2.3 ETH is being burnt every minute through the new transaction fee mechanism introduced in Ethereum’s London upgrade on August 5. The highly anticipated London hard fork went live on Wednesday this week, ushering in the EIP-1559 upgrade that adjusted gas fees. Part of that adjustment introduced a mechanism that burns some of the base fees collected. The total amount of ETH burnt since the upgrade went live around 14 hours ago is roughly 3,395 ETH according to the various counters available.  Etherchain reports an average burn rate of 2.36 ETH per minute. This equates to $6,596 per minute, or around $395,000 of ETH going up in metaphorical smoke every hour at current prices. An alternative counter called Ultrasound.money reports a total burn of 3,390 ETH worth a whopping $9.5 million at the current ETH price around $2,800. The tracker reports that the popular NFT marketplace OpenSea is the top ETH burner with 374 ETH, or just over $1 milliondollars, destroyed since the upgrade was launched. In second place was Uniswap’s version 2 which had burned 263 ETH, or $740,000, at the time of writing. Uniswap founder, Hayden Adams, commented on the burn rate stating that if things continue at the same rate, the protocol could burn as much as 350,000 ETH, or almost $1 billion per year. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumprice #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereum_eth #ethereuminvestment #ethereumtrading #ethereum #ethereumprojects #ethereumcoin #ethereumpump https://www.instagram.com/p/CSOn4fTM-8U/?utm_medium=tumblr

[cryptofighter94]

Ethereum (ETH) Price Analysis for August 5 Bears are becoming more powerful by the end of the week as most of the top 10 coins are in the red zone. ETH/USD Yesterday morning, the bears were unable to push through the support around $2,440, and the price of Ethereum (ETH) remained in a short-term sideways consolidation. In the afternoon, a sharp bullish momentum broke through the resistance of $2,700 and the pair returned to the July high zone. Tonight, the price tested the level of $2,775. Today, during the day, bulls may try to increase the volume and gain a foothold above the resistance of $2,800. On the 12H chart, Ethereum (ETH) has bounced off the zone around $2,500, which means that bulls are ready to keep the ongoing rise. In this case, traders might expect a retest of the recently formed resistance at $2,699 by the end of the day. On the bigger time frame, the chief altcoin has tested the liquidity zone at $2,500, followed by a bounce-off. The trading volume is low, which means that traders are accumulating power for an ongoing rise. Ethereum (ETH) may get back to $3,117 by mid-August if buyers keep dominating the market. Ethereum is trading at $2,612 at press time. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumprice #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereum_eth #ethereum https://www.instagram.com/p/CSNGOuXhx6D/?utm_medium=tumblr

[cryptofighter94]

ETHEREUM ANALYSIS ETH/USDT Ether’s (ETH) recovery attempt hit a wall at the 20-day EMA ($2,034) as seen from the long wick on the July 18 candlestick. This suggests that negative sentiment prevails and bears are selling on rallies to the 20-day EMA. The sellers will now try to sink the price below the critical support at $1,723.74. If they manage to do that, the selling could pick up momentum and the ETH/USDT pair could resume the downtrend. The next support on the downside is $1,536.92 and if this level also fails to hold, the pair could slide to $1,293.18. Alternatively, if the price rebounds off $1,728.74, the bulls will try to push the price above the 20-day EMA. A breakout and close above the 50-day simple moving average ($2,245) will signal a possible change in trend. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumprice #ethereumnews #ethereumblockchain #ethereumtothemoon https://www.instagram.com/p/CRiSO37sMl2/?utm_medium=tumblr

[cryptofighter94]

ETHEREUM ANALYSIS ETH/USDT Ether (ETH) broke below the triangle on June 18 and reached the critical support at $1,728.74 on June 22. The bulls purchased this dip and are attempting to stage a relief rally, which may hit a wall at the 20-day EMA ($2,325). If the price turns down from the 20-day EMA, the bears will make one more attempt to sink the ETH/USDT pair below the $1,728.74 support. If they succeed, the pair could start the next leg of the down move that may reach $1,536.92 and then $1,293.18. The downsloping moving averages and the RSI in the negative zone indicate that bears have the upper hand. Contrary to this assumption, if the bulls push the price above the 20-day EMA, the pair may rise to the 50-day simple moving average ($2,812). Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereum_eth #ethereuminvestment #ethereumtrading #ethereum #ethereumprojects #ethereumcoin #ethereumpump https://www.instagram.com/p/CQfKIhJgR7J/?utm_medium=tumblr

[cryptofighter94]

Ethereum price closes in on $4K as Shiba Inu (SHIB) steals Dogecoin’s thunder Ethereum and Dogecoin hit new highs as investors brace for Elon Musk’s SNL debut and Bitcoin bulls push the price closer to $60,000. The crypto market has rallied into the weekend as Ether (ETH), Dogecoin (DOGE) and Shibu Inu (SHIB) hit new all-time highs as they lead the pack of altcoins up the market cap mountain.  Much of the excitement behind Dogecoin's rally has been attributed to the upcoming appearance of Elon Musk, the CEO of Tesla and a Dogecoin advocate, on the popular Saturday Night Live comedy sketch show. Ether, on the other hand, continues to rally toward $4,000 as institutional interest in the altcoin soars and the approaching London hard fork have investors feeling extra bullish. Data from Cointelegraph Markets and TradingView shows that after briefly dipping to a low of $3,418 in the late hours on May 8, Ether price regained its composure and proceeded to vault 13% to reach a new all-time high at $3,958.  Thanks to the global attention that Dogecoin has attracted, a number of canine-themed projects have arisen, including Shiba In (SHIB), which burst onto the scene following a two-day rally that saw its value launch 1,100% higher to establish a new record high at $0.0000178. The overall cryptocurrency market cap now stands at $2.463 trillion and Bitcoin’s dominance rate is 44.8%. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #ethereummining #ethereumcoins #ethereumnews #ethereumprice #ethereumblockchain #ethereumproject #ethereumtothemoon #ethereuminvestment #shibainu #shibainucoin https://www.instagram.com/p/COo5LZmgvTj/?igshid=1hfffasqtbaer