Ethereum Ath

Today the price of eth has finally without a shadow of a doubt reached its new all time high. Ether eth x is a cryptocurrency whose blockchain is generated by the ethereum network.

Ethereum Pales In Comparison To Bitcoin Ath Might Not Be On The Cards

Unlike bitcoin which aims to disrupt the banking system with its own digital currency the ethereum platforms goal is to use blockchain to replace internet third parties particularly those that store data transfer mortgages and keep track.

Ethereum ath. Ethereum eth hits new ath with multiple on chain milestones liquidity shortfall defi optimism 2021 01 26 just while bitcoin btc continues its consolidation ethereum eth leads the crypto market rally making a solid 15 surge and hitting a new all time high above 1450. It has a circulating supply of 11433m eth. With bitcoin going past its previous ath like a freight train many expect the altcoin to do the same too.

Ethereum is a global decentralized platform for money and new kinds of applications. On ethereum you can write code that controls money and build applications accessible anywhere in the world. Ethereum is gaining momentum above the 1250 and 1280 resistance levels.

In fact the worlds second largest cryptocurrency is now settling over 12 billion in daily transactions. Eth price is down 550 in the last 24 hours. Three years after reaching a major peak ethereum.

On the back of ethereum 20 beacon chains genesis block going live in early december and the chicago mercantile exchange announcing ether futures there is good reason to be optimistic about eths near term price movement. Ethusd is likely to accelerate higher above 1350 and 1400 in the coming sessions. Ethereum price needs to rise 967 to reach a new all time high.

While at press time ethereums price was going parabolic it would seem that ethereums daily transaction volume has been going parabolic too according to messaris crypto charts. Reached and surpassed the previous historical record of january 13th 2018 with a few similarities. A few days ago ethereum eth had tried to set a new ath.

There was a break above a major contracting triangle with resistance near 1245 on the hourly chart of ethusd data feed via kraken. Ethereum all time high is 144818 this ath was reached on jan 13 2018. Ethereum eth the current ethereum price is 132053 with a 24 hour trading volume of 5113b.

At the time of writing eth was still some 30 off its ath a level it last touched back in january 2018. Ethereum price is trading in a bullish zone above 1250 against the us dollar. The price is showing positive signs above 1300 and the 100 hourly simple moving average.

Even though ethereum eth is getting closer to its all time high ath against the us dollar its still many satoshis away from its ath against bitcoin btc. To put that figure into perspective that is 3 billion more than bitcoin.

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