ETH Price Prediction Post-Merge: Veteran Trader Gareth Soloway's Take

ETH price prediction: Gareth Soloway has made some price predictions for ETH following the Merge, due to happen on September 15, 2022. The post ETH Price Prediction Post-Merge: Veteran Trader Gareth Soloway's Take appeared first on BeInCrypto.

Timeline of Ethereum

Search engine giant Google is all aboard on the Ethereum Merge hype, sustaining a keen interest on the matter. In support of the upcoming Ethereum Merge, the tech firm has launched an easter egg in the time of a countdown timer for the merge.

With The Merge coming next week and Cardano's Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart contract crypto assets today has increased 44.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum [ETH] registered an over 24% hike in the last two weeks after taking a u-turn from its two-month support around the $1,442-zone.

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin has in the past openly shown his support for Ukraine in its fight against the Russian invasion. The crypto entrepreneur recently attended the three-day "Kyiv Tech Summit" that concluded on Friday, according to CoinDesk.

BitMEX co-founder Arthur Hayes has given an upside target for leading smart contract platform Ethereum (ETH) as it approaches the highly anticipated upgrade to proof of stake. In a new interview with Bankless, the crypto veteran says he's bought call options for ETH with a strike price of $3,000.

According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. The post Research: As the merge approaches on-chain data suggests ETH used as store of value appeared first on CryptoSlate.

Ethereum increased by 25% in the past few days and seems to be a step away from shattering the line that has followed the price since its all-time high was registered in November 2021. Technical Analysis By Grizzly The Daily Chart Ethereum has reached an obstacle on the daily chart.

In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than 13% this week.

Optimism's OP was not left behind as the rest of the market registered double-digit price upticks over the past week. In fact, according to CoinMarketCap, the price of the Layer 2 (L2) token rallied by 16% over the last seven days.

Ethereum price analysis is bearish today as we have seen another quick spike higher and further consolidation during the day. Therefore, buyers are likely finally exhausted, and ETH/USD is ready to retrace next week.