With Etherum 2.0 arriving in 2022, gas fees from pos will be close to mere cents. Would it be feesible in any cents (thank you thank you) to designate matic for paying gas fees? Can somebody much smarter than me please hypothesize on the possibility of this? Swinging for the fences on this scenario. …
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CEO of Independent Reserve Adrian Przelozny told Cointelegraph that he expects the trend to continue as crypto matures and becomes less volatile.
Ethereum gained pace above the $4,250 resistance zone against the US Dollar. ETH must stay above $4,150 to accelerate higher in the near term. Ethereum started a recovery wave above the $4,000 and $4,250 resistance levels. The price is now trading above $4,150 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $4,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if it stays above $4,150 and the 100 hourly SMA. Ethereum Price Gains Momentum Ethereum found support near $3,350 and started a fresh increase. ETH gained pace for a move above the $3,800 and $3,880 resistance levels. It even broke the $4,000 level and the 100 hourly simple moving average. Besides, the price climbed above the 50% Fib retracement level of the key decline from the $4,660 swing high to $3,327 low. There was also a break above a key bearish trend line with resistance near $4,150 on the hourly chart of ETH/USD. The pair is now trading above $4,150 and the 100 hourly simple moving average. It is consolidating near the $4,350 resistance zone and the 76.4% Fib retracement level of the key decline from the $4,660 swing high to $3,327 low. Source: ETHUSD on TradingView.com An initial resistance on the upside is near the $4,380 level. The first major resistance is near the $4,400 level. The next major hurdle is near the $4,550 level. A clear move above the $4,550 could send the price further higher. In the stated case, the price could drift towards the $4,700 level in the near term. Dips Limited in ETH? If ethereum fails to start a fresh increase above the $4,400 level, it could start a downside correction. An initial support on the downside is near the $4,300 level. The key support is now forming near the $4,150 level and the 100 hourly simple moving average. If there is a clear break below the $4,150 support, the price could accelerate lower. The next major breakdown support is $4,000, below which the price could decline towards $3,850. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now well above the 50 level. Major Support Level – $4,150 Major Resistance Level – $4,400
I know the focus these days is on Bitcoin crashing and whether it's going to recover or not, but I wanted to make sure that didn't completely steal the show from Polkadot! Their team has been hard at work getting all of their Smart Contract code (currently running on Kusama) ready to launch. They're in…
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I’m no Expert in investing on Crypto but can someone explain to me what’s the Difference between the two please…. When the 2.0 releases will the original ETH be gone? Been planning On investing a hefty chunk on ETH. Should I just wait for the 2.0 to be released instead of getting ETH now.?.?. Enlighten…
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A collection of 100 “intelligent NFTs” will be auctioned in Binance on Dec. 16 as Sophia takes a trip into the Metaverse.
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A puppet of Jack Dorsey has been used to explain the Lightning Network in a new video promoting Spiral’s LDK.
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