Ethereum

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