Ethereum Price Analysis

Ethereum’s Price Rebounds and Deflationary Potential Amidst Resistance
Crypto

Ethereum’s Price Rebounds and Deflationary Potential Amidst Resistance

Ethereum’s price has remarkably recovered on its daily chart, surging 17.8% from its local support at $15.25 to its current trading price of $1,835. However, this upward momentum is facing resistance around the $1,850 level, reflecting the supply pressure seen in the broader cryptocurrency market, particularly Bitcoin. Source: CoinMarketcap However, Ethereum (ETH) has demonstrated a […]

Nov. 2, 2023