Why is ethereum going up
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If we look at the daily Ethereum price analysis chart, we can see that Ethereum has found strong support at $1071. The conditions don’t really look very positive for Ethereum. Over the past week, ETH/USD has been dipping with slight recoveries in between. But the overall trend is downwards. Why is ethereum crashing today We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Will ethereum crash
There is good reason to expect a quick rebound from the current slump ethereum is experiencing, Zannos tells NextAdvisor. “What I think ethereum has is that momentum of community that allows for a group of very smart people to create innovation and see new opportunities,” Zannos says. “At the core, my optimism is tied to just the versatility of what you can do with ethereum.” Navigation menu Crypto’s energy consumption has become a major bone of contention for environmental activists and governments, and McDonald said bitcoin will never see "$69,000 again." The cryptocurrency traded close to that mark last November.
What is cryptocurrency?
Undoubtedly, there will be a crash in the price of Ethereum at some point. If you study Ethereum’s price history, it typically follows market trends and has a habit of crashing after highly bullish periods. Ethereum price predictions for 2022 Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.