Ethereum addresses holding more than 100 ETH increased in the past weeks Staking rewards and the current price of ETH might be a motivation for the increased accumulation The price of Ethereum [ETH] has fluctuated between extreme highs and lows during the last few months, making investors less eager to invest in the coin. Nevertheless, […]
due to the price volatility it experienced over the previous several months. The token was trading at roughly $1,200, at the time of this writing.
ETH was trading above $3,000 until April this year. However, from that time till today, it has plummeted and lost over 50% of its worth, similar to other coins in the market.In the daily timeframe, the short and long Moving Averages were visible above the price fluctuation. At various levels, these lines were acting as the asset’s resistance. The yellow line was acting as resistance around $1,300, and the blue line was acting as resistance around $1,500.
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