Ethereum price analysis: ETH retests $1,300, ready to spike even lower?

www.cryptopolitan.com

Ethereum price analysis is bearish today as we have seen a strong spike lower, followed by a quick retest of previous support. Therefore, we expect ETH/USD to continue even lower later today and target the $1,175 support next.

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Timeline of Ethereum


Ethereum Struggles Hard to Sustain at $1300, What in-Store for the ETH Price? - CoinPedia

The Ethereum Merger turned out to be one of the biggest ‘Sell the news' events as the ETH price suffered drastically immediately after the transition. If the raising market sentiments ahead of the Vasil Hard Fork mirrors the previous trend, then the second-largest crypto appears to be in extreme danger of plunging below $1000 soon.


SEC shifts focus to Ethereum in acrimonious regulatory rumble - Proactive Investors

The acrimonious debate in the US over crypto regulation continues to generate headlines, this time with Gary Gensler, head of the Securities and Exchange Commission (SEC), laser focused on Ethereum (ETH) now that the world's second largest cryptocurrency works under proof of stake (PoS). Pretty rude of Gensler, some might say, just as Etherum head honcho Vitalik Buterin was celebrating the successful protocol upgrade that marked one of the most important days in crypto history.


What Ethereum [ETH] traders can expect from Q4 - AMBCrypto

Ethereum has been in the heat of discussion on social media following the release of the Merge last week. However, everything has not gone according to plan as ETH prices have dropped below $1,350.

EthereumETH$1335.630000

Get Forked: Ethereum PoW Forks Fall 66% In Just Days - NewsBTC

Data shows the Ethereum Proof-of-Work forks have sharply fallen down in the few days following the merge. Ethereum PoW Forks Have Fallen 66% In Just Five Days According to the latest weekly report from Arcane Research, the ETH PoW forks have performed very poorly against ETH since the merge.


Ethereum Merge Puts Spotlight On Potential Centralization Issues - Bitcoinist

The Ethereum Merge has been successfully completed and the network has been operating on a proof of stake mechanism for about a week now. The success of the upgrade has been lauded by many in the community who have praised the resourcefulness and the innovation of the Ethereum developers.


Drastic Change In Ethereum Whale Holdings After Merge: What It Means? - Coingape

The Ethereum Merge has not just brought about a change in the blockchain network architecture but also trading behavior. The much anticipated Merge event sparked a debate on reliability of proof of stake in comparison with proof of work consensus.


Ethereum price analysis: ETH retests upside, ready to break below $1,300? - Cryptopolitan

Ethereum price analysis is bearish today as we have seen a slight pullback to $1,350, where a lower local high is currently set. Therefore, ETH/USD is ready to continue even lower and spike below $1,300 previous major support.


Developer consensus supports Ethereum withdrawals in upcoming Shanghai upgrade - CryptoSlate

On September 20, CryptoSlate published an article on the upcoming Shanghai upgrade, stating Ethereum withdrawals would not likely be activated. The post Developer consensus supports Ethereum withdrawals in upcoming Shanghai upgrade appeared first on CryptoSlate.


Ethereum: Can The Top Altcoin End Bitcoin's Dominance Post Merge? - NewsBTC

Ethereum (ETH), dubbed as the ‘leader of all altcoins' has long carried the burden and pressure of supplanting Bitcoin (BTC) as the king of all cryptocurrencies. To this date, it hasn't succeeded or has come close into completing that mission.


Ethereum Network Prepares For The Shanghai Upgrade - CoinPedia

On September 15, the Ethereum network successfully completed its transition from proof-of-work (PoW) to proof-of-stake (PoS), a change that is expected to increase sustainability and reduce energy usage by 99.95%. However, contrary to popular expectations, the merger didn't have any effect on the Ethereum price; instead, the price plunged after the merger.

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