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Ethereum finds a local bottom but these levels can save your portfolio

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum saw a fall in gas prices, likely prompted by a decline in DeFi usage. The much-anticipated Merge was not likely to rescue Ethereum from bearish jaws on the price charts just yet.

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Bitcoin ETH
$ 1594.62

Timeline of Ethereum

L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow - Bitcoin

Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have been

This Analyst Believes Ethereum May Lose 80% Of Its Value - NewsBTC

According to a recent Bloomberg article, John Roque of 22V research believes that Ethereum might fall to $420, a loss of 80% from its present price, and here's why. Ethereum May Fall 80% The trader believes Ethereum, which is presently trading at $2,000, is about to break through the support zone and will most likely fall below $420.

The firm behind the Bored Ape Yacht Club NFT collection is in talks with layer 1 suitors as the project considers a post-Ethereum future. - Coindesk

After Yuga Labs' disastrous non-fungible token (NFT) minting for its “Otherside” metaverse land sale cost investors more than $100 million in transaction fees, both Yuga Labs and ApeCoin DAO board members are listening to offers about migrating ApeCoin off Ethereum, CoinDesk has learned.

Ethereum (ETH) Price Might Drop 80% In Coming Months. Here's Why and How! - CoinPedia

The crypto industry is still plummeting,  the global crypto market capitalization has dropped 1.17 percent to $1.29 trillion. According to Coinmarketcap numbers, worldwide crypto volume fell 11.05 % to $87.18 billion. Ethereum (ETH) had been trading at $2,056.23, dropping 0.79 %. Several investors Ethereum, the second most successful cryptocurrency by trading volume, have lost their …

Cloudflare grants public access to Ethereum and IPFS gateways - Cryptopolitan

In a recent development, the renowned web infrastructure platform, Cloudflare has issued support for the development and deployment of Ethereum. The platform has issued consumer access via Ethereum and Interplanetary File System (IPFS) Gateways.

Ethereum price analysis: ETH bounces from $2,000, swift push higher next? - Cryptopolitan

Ethereum price analysis is bullish today as we have seen a higher low set at $2,000 and another push higher since. Therefore, we expect the $2,200 resistance to be reached soon and another higher high set.

Ethereum Targets $2.1K But Are the Bulls Back in Town Yet? (Ethereum Price Analysis) - CryptoPotato

Following a disappointing performance of US stocks yesterday, the crypto market has also kind of stagnated. The bulls do not seem to have regained their strength, and the bears remain in control.

This Move May Drag the Ethereum (ETH) Price below $1000 Very soon, Will Vitalik Prevent This Slash? - CoinPedia

After a huge influx of 80,000 BTC into the crypto space, it's time for 30,000 ETH to make its way into the markets. Vitalik Buterin has transferred nearly 30K ETH from his public wallet to the one he uses to sell, gift or donate. And hence raising the speculation for an upcoming bearish trend for …

The inaugural report discussed Web 3 trends and why Ethereum remains the dominant blockchain. - Coindesk

Noted venture capital firm Andreessen Horowitz (a16z) has released its inaugural State of Crypto report that includes cyclical information relevant to the current downturn, according to draft materials provided to CoinDesk. Other key takeaways were related to Web 3 benefits and Ethereum's continued blockchain dominance.

Terra Flaw: Ethereum Creator And Binance CEO Slam Terra Via Twitter - Bitcoinist

Terra took quite a beating as the Ethereum creator and CEO of Binance criticized Terra and UST token via Twitter. Following the collapse of UST, Terra's stablecoin and LUNA, its native token, many crypto advocates have aired their sentiments on the subject.

Bitcoin Bitcoin
26615.0000 0.29%
Ethereum Ethereum
1595.07000 0.16%
210.790000 0.08%
0.51046300 -0.81%
Dogecoin Dogecoin
0.06167730 0.40%