Ethereum (ETH) Price Tries To Breach $1,800 Resistance, Guns For $2,000

Ethereum (ETH) Price Tries To Breach $1,800 Resistance, Guns For $2,000


Ethereum rallied from the hype generated by the Merge announcement. Although this is recent news, ETH already hit the $2,000 mark after the bearish July market. 

After over a month of price increases, ETH’s price closed in on the $2,000 mark. One of its highest since the entire crypto market crashed. However, the most recent rally has placed confidence in investors and traders alike. 

The Highly-Anticipated Merge

Trending: Banks Already Restricting Cash Withdrawals In USA?

The rally was because of the recent ETH Merge announcements that has been the talk of crypto traders around the world. This move, according to Ethereum co-founder Vitalik Buterin, will bring efficiency to the network and reduce overall carbon footprint. 

These types of announcements however boost the confidence of traders and investors pushing the price up. 

As

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend