Ethereum $ETHUSD Long Term target PTs 2990-3740-4500-8000
Ether and altcoins
Ether (ETH) trading around $2,334.94 as of 20:00 UTC (4 p.m. ET). Climbing 1.49% over the previous 24 hours.
Ether’s 24-hour range: $2,268.57-$2,399.61 (CoinDesk 20)
Ether trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.
Ether, along with many other alternative cryptocurrencies (“altcoins”), also logged more gains on Wednesday.
Besides ether, which is the No. 2 cryptocurrency by market capitalization, one of the most staggering growth spurts was seen with dogecoin (DOGE), the beloved meme cryptocurrency that was created back in 2013.
As a result, dogecoin now has a market capitalization of more than $16 billion, surpassing that of bitcoin cash (BCH) and chainlink (LINK), per Messari data.
Dogecoin’s sudden price surge also came with escalating trading activity: data from Coingecko also shows that dogecoin is the No. 5 most traded token of the day, only behind tether (USDT), bitcoin (BTC), ether (ETH), and xrp (XRP).
Ether (ETH) trading around $2,334.94 as of 20:00 UTC (4 p.m. ET). Climbing 1.49% over the previous 24 hours.
Ether’s 24-hour range: $2,268.57-$2,399.61 (CoinDesk 20)
Ether trades between its 10-hour and 50-hour averages on the hourly chart, a sideways signal for market technicians.
Ether, along with many other alternative cryptocurrencies (“altcoins”), also logged more gains on Wednesday.
Besides ether, which is the No. 2 cryptocurrency by market capitalization, one of the most staggering growth spurts was seen with dogecoin (DOGE), the beloved meme cryptocurrency that was created back in 2013.
As a result, dogecoin now has a market capitalization of more than $16 billion, surpassing that of bitcoin cash (BCH) and chainlink (LINK), per Messari data.
Dogecoin’s sudden price surge also came with escalating trading activity: data from Coingecko also shows that dogecoin is the No. 5 most traded token of the day, only behind tether (USDT), bitcoin (BTC), ether (ETH), and xrp (XRP).