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Ethereum

Q: Is Ethereum better than Bitcoin?

Compared to Bitcoin, Ethereum has some unique advantages:-- Ethereum has no supply cap, while Bitcoin has a maximum supply limit.-- Ethereum supports the development of smart contracts and decentralized applications, while Bitcoin is more solely a payment mechanism. This gives Ethereum a broader range of use cases.However, the two cryptocurrencies each have their own pros and cons, and may be suitable for different use cases. Whether one is "better" than the other depends on the specific needs and requirements.

ETHUSD

View Detailed Chart

1623.59USD

+35.33+2.22%

Time

15m

30m

Today

+2.22%

5 Days

+2.86%

1 Month

-12.80%

6 Months

-34.17%

Year to Date

-51.67%

1 Year

-49.81%

View Detailed Chart

Key Data Points

Opening Price

1579.79

Previous Closing Price

1588.26

Price Range of the Day

1569.971688.54

52-Week Price Range

0.001623.59

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

15m

30m

15m

D

Sell

Sell(6)

Neutral(4)

Buy(2)

Indicators

Sell(2)

Neutral(4)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

7.659

Neutral

RSI(14)

41.380

Neutral

STOCH(KDJ)(9,3,3)

51.166

Neutral

ATR(14)

147.308

High Vlolatility

CCI(14)

-25.619

Neutral

Williams %R

57.620

Sell

TRIX(12,20)

-0.986

Sell

StochRSI(14)

98.455

Overbought

Moving Average

Sell(4)

Neutral(0)

Buy(2)

Indicators

Value

Direction

MA5

1591.530

Buy

MA10

1603.699

Buy

MA20

1738.576

Sell

MA50

1957.669

Sell

MA100

2494.898

Sell

MA200

2790.814

Sell

Ethereum Trading Strategy

Intraday

Short Term

Trading Strategy

Our preference: the upside prevails as long as 1594 is support.

Alternative scenario

the downside breakout of 1594 would call for 1545 and 1515.

Comment

the upside prevails as long as 1594 is support.

8 hours ago

Source: Trading Central(Reference Only)

Ethereum News

Whale grabs 16,000 ETH as Ethereum Foundation vows support for L1, RWA and stablecoins

The Ethereum Foundation, through its Co-Executive Director, Tomasz K. Stańczak, outlined a simplified version of its roadmap on Sunday.

Fxstreet5 hours ago

Trump’s Memecoin TRUMP Unlocks 20% This Week! Could Trump Coin Trigger a Collapse in the Cryptocurrency Market?

TradingKey - The Trump Coin (TRUMP), which has already plummeted 30% over the past month, is set to experience a massive token unlock this week. On April 19, 40 million TRUMP tokens valued at $320 million will be unlocked, potentially exacerbating the fragility of the cryptocurrency market amid...

TradingKey8 hours ago

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC is on the verge of a breakout while ETH and XRP stabilize

Bitcoin (BTC) price approaches its key resistance level at $85,000 on Monday; a breakout indicates a bullish trend ahead. Ethereum (ETH) and Ripple (XRP) found support around their key levels last week, suggesting a recovery is in the cards.

Fxstreet13 hours ago

Bitcoin and crypto market sees recovery as Fed official says agency ready to stabilize market if necessary

Bitcoin (BTC) rallied 5% on Friday, trading just below $84,000 following Susan Collins, head of the Boston Federal Reserve (Fed), hinting that the agency could stabilize markets with "various tools" if needed.

FxstreetFri, Apr 11

What Is the Crypto Fear and Greed Index? Why Are There Many Versions? What Should You Be Aware of When Using It?

The Crypto Fear and Greed Index is a sentiment indicator designed to capture the emotional state of market participants and determine whether the cryptocurrency market is becoming overheated (driven by greed) or undervalued (driven by fear).

TradingKeyFri, Apr 11

Bitcoin, Ethereum and XRP steady as China slaps 125% tariff on US, weekend sell-off looming?

The Cryptocurrency market shows stability at the time of writing on Friday, with Bitcoin (BTC) holding steady at $82,584, Ethereum (ETH) at $1,569, and Ripple (XRP) maintaining its position above $2.00.

FxstreetFri, Apr 11

More Details of Ethereum

Ethereum, a decentralized open-source blockchain, features its native cryptocurrency, Ether (ETH). Serving as a platform for numerous other cryptocurrencies, it also facilitates the execution of decentralized smart contracts. Initially described in a 2013 whitepaper by Vitalik Buterin, Ethereum secured funding through an online public crowd sale in summer 2014, raising $18.3 million in Bitcoin. The Initial Coin Offering (ICO) price for Ethereum was $0.311, with over 60 million Ether sold. Considering Ethereum’s current price, the investment has yielded an annualized return on investment (ROI) of over 270%, effectively quadrupling the initial investment annually since 2014. The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since its inception, Ethereum has undergone several significant network updates: “Constantinople” on February 28, 2019, “Istanbul” on December 8, 2019, “Muir Glacier” on January 2, 2020, “Berlin” on April 14, 2021, and the “London” hard fork on August 5, 2021. Ethereum aims to become a global platform for decentralized applications (dApps), enabling users worldwide to write and run software that is resistant to censorship, downtime, and fraud.

What was the Ethereum Merge?

The "Merge" referred to Ethereum's transition from a proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) validation system. Ethereum's core developers had been pushing for this transition for many years, hoping that a PoS model would make the network easier to scale without sacrificing decentralization. Developers also stated that PoS could reduce Ethereum's environmental impact. In 2022, Ethereum renamed its transition from proof-of-work to proof-of-stake, previously known as "Ethereum 2.0", to "The Merge". The Merge went live on September 15, 2022, after the successful merging of the Goerli testnet on August 11, 2022. The Merge process involved fusing the original PoW Ethereum mainchain with the new PoS Beacon Chain. During the Merge, all the transaction data and decentralized applications (dApps) on the PoW Ethereum migrated to the new PoS chain.

What makes ETH unique?

Unlike a typical cryptocurrency, Ethereum is a decentralized platform that enables the development of decentralized applications (dApps) and smart contracts. This means Ethereum is not controlled by any company, institution, or other centralized authority. The combination of Ethereum's cryptocurrency functionality and its digital platform capabilities gives it the potential to significantly transform how we conduct business and exchange value over the internet.

Is Ethereum better than Bitcoin?

Compared to Bitcoin, Ethereum has some unique advantages: -- Ethereum has no supply cap, while Bitcoin has a maximum supply limit. -- Ethereum supports the development of smart contracts and decentralized applications, while Bitcoin is more solely a payment mechanism. This gives Ethereum a broader range of use cases. However, the two cryptocurrencies each have their own pros and cons, and may be suitable for different use cases. Whether one is "better" than the other depends on the specific needs and requirements.

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1623.59

+35.33+2.22%