Ethereum Price Faces Resistance As Merge Date Is Announced
EthereumAng Presyo ng Ethereum ay Nakaharap sa Paglaban Habang Inaanunsyo ang Petsa ng Pagsamahin08 / 12 / 2022Balita ng Ethereum ng Bitcoin The price of Ethereum (ETH) showed so much strength but has been hit with resistance against Tether (USDT) as the Ethereum merge is anounced. Ethereum price rallied with so much strength from a region of $1,670 to $1,924, as bulls anticipate the Pinagsamang Ethereum from proof-of-work (POW) to proof-of-stake (POS). Ethereum merge is an upgrade on the Ethereum network from POW to POS so as to increase its network efficiency in transactions. (Data feeds from Binance) Ethereum Price Analysis On The Weekly Chart Weekly ETH Price Chart | Source: ETHUSDT On Tradingview.com From the chart, the price of ETH saw a weekly low of around $900, which bounced from that area and rallied to a price of $1,920, this is an over 100% rise in price. Ang presyo ay nakabuo ng higit na momentum habang nahaharap ito sa paglaban sa $1,920. If the price of ETH on the weekly chart continues with this bullish structure, it could quickly revisit $1,900 and trend higher to $2,400. Weekly resistance for the price of ETH – $1,920. Weekly support for the price of ETH – $1,012. Pagsusuri ng Presyo Ng ETH Sa