US EditionEthereum Price Stalls Near $2K as Staking Hits Record High
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Ethereum Price Stalls Near $2K as Staking Hits Record High
The post Ethereum Price Stalls Near $2K as Staking Hits Record High appeared on BitcoinEthereumNews.com. Two converging trendlines in the daily chart drive the near term consolidation in Ethereum price. Iran has raised concerns over alleged violations of a proposed negotiation framework. Ethereum Staking has hit a new all-time high of 32% total supply, reducing liquid supply available on exchanges or for immediate selling Ethereum, the second …
Here's Why Ethereum Price at $2K Emerges as Key Pivot Zone
The Ethereum price narrows its range within two converging trendlines of the daily chart. On-chain data indicates the smoothed active address count is approaching the 1 million threshold.. The declining slopes of the 100-day exponential moving average could add further downside pressure on ETH. Ethereum, the second-largest cryptocurrency by market capitalization, is down 0.8% during Tuesday’s U.S. market hours to trade at $2,090. The pullback al…
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