📉 Ethereum chart update 📈

Hope you followed my advise and went long from 222 support zone. ETH broke out 239 resistance and got to 24600. Could be flying higher to 25000 - 25500.

🎯 Resistance 246 - 250 - 255 - 260
🛒 Support 242 - 239 - 236 - 230

@WiseAnalyze #ETH #Ethereum (TradingView)

Ethereum is bullish in USDT as well, leading the bullish race against BTC

Resistance 242 - 252 - 275 - 290
Support 227 - 216 - 206

@WiseAnalyze #ETH #Ethereum

📉 Ethereum chart update 📈

Ethereum broke out triangle at day timeframe. Bull flag. Also it has double bottom at day timeframe. Two scenarios I see from here.

1) Either 245 support hold the price and ETH pump from current bull flag up to 265 - 275.
2) Or it falls back to 230 - 221

In both cases bullish long term, but safer to wait at retracement buy zones.

🎯 Resistance 253 - 256 - 260 - 265 - 275
🛒 Support 245 - 239 - 236 - 230 - 221

@WiseAnalyze #ETH #Ethereum (TradingView)

📉 Ethereum chart update 📈

Week past since last update, and Ethereum is still within same bull pennant at daily. Won't say I know the direction. No one knows it. But soon we'll all see. Same two scenarios are valid, so trade triangle in the direction of breakout with the following targets.

1) Pump from current bull pennant to 265 - 275 - 285
2) Dump back to 236 - 230 - 221

@WiseAnalyze #ETH #Ethereum (TradingView)

📉 Ethereum chart update 📈

Ethereum followed BTC with bearish scenario. I felt it was most probable - it will be clear at USDT chart as it was growing for too long without any proper pullback.

Now at first support zone. Bounce from here would be very bullish for all crypto market. But I have very serious doubts it will bounce. So below are next in order.

Support zones for bounce: 239 - 236 - 230 - 221

@WiseAnalyze #ETH #Ethereum (TradingView)

Ethereum also pumped together with BTC, but lost all the progress it made on that move. Now under $434 resistance. If gets above, good chanced to continue growing and re-test of 445-450 zone. If not, might drop to 419 / 408 / 400

@WiseAnalyze #Ethereum #Eth

Ethereum Breaks All-Time High Value Above $1,800

The world’s second-largest crypto asset by market cap, Ethereum breaks all-time high above the $1,800 level.

The price surge has been driven by the launch of Ethereum futures on CME on Feb. 8 (77 contracts were traded upon the launch yesterday).

Ethereum market cap hits above value of $207 billion is now more valuable than some of the largest companies such as Cisco Systems, AT&T, PepsiCo in terms of market cap, according to AssetDash.

In the past 24 hours, Ethereum hiked by 9.84%.

@WiseAnalyze #dailynews #ethereum

But the news are still positive 😎

AMAZON Announcing General Availability of Ethereum on Amazon Managed Blockchain (source)

With this launch, AWS customers can easily provision Ethereum nodes in minutes and connect to the public Ethereum main network and test networks such as Rinkeby and Ropsten. With Amazon Managed Blockchain, customers get secure networking, encryption at rest and transport, secure access to the network via standard open-source Ethereum APIs, fast and reliable syncs to the Ethereum blockchain, and durable elastic storage for ledger data. Amazon Managed Blockchain monitors node health, replaces unhealthy nodes, and automates Ethereum software upgrades, improving the availability of customers’ Ethereum infrastructure. In addition to DeFi applications, customers building analytical products such as smart contract monitoring tools and fraud detection software can also benefit from this scalable, highly available, and fully managed Ethereum service on Amazon Managed Blockchain.

@WiseAnalyze #news #Ethereum #ETH

The next #Ethereum network upgrade, London, is coming.

Learn more about EIP-1559 and other changes, and get ready by upgrading those nodes!

https://blog.ethereum.org/2021/07/15/london-mainnet-announcement/

Each #Ethereum block can now burn #ETH 🔥🔥🔥

#Ethereum can flip bullish soon 👀

JUST IN: #Ethereum co-founder Vitalik Buterin confirmed the transition to proof-of-stake will likely happen this August.

(source)

Ethereum ERC-4337 'smart accounts' launch at WalletCon: Account abstraction is here

Smart accounts, enabled by the launch of the new ERC-4337 standard, are now available on Ethereum and are expected to help mainstream adoption by finally making crypto user friendly

Core contracts for ERC-4337 — known by blockchain developers as “account abstraction” — have passed an audit by Open Zeppelin and made available on every Ethereum Virtual Machine (EVM) compatible network including Polygon, Optimism, Arbitrum, BNB Smart Chain, Avalanche and Gnosis Chain.

New users will no longer need to learn about complicated seed phrases or the technical process of setting up a wallet to onboard into the decentralized world of crypto

Account abstraction also enables the unique cryptographic keys used for cryptocurrency to be stored on standard smartphone security modules, upgrading them to de facto hardware wallets.

It also enables the use of two-factor authentication; signing transactions on your phone using a fingerprint or face-scan; the setting of monthly spending limits on an account; and the use of session keys to play blockchain games without constantly having to approve transactions.

Users who lose their phone or device can use time-locked social recovery of their account via a group of trusted friends or even a commercial service.

Article source link.

@WiseAnalyze #News #Ethereum

#Ethereum core developers are targeting April 12 to release the highly-anticipated Shanghai-Capella upgrade, or Shapella, on the mainnet.

The main feature of the upgrade is Ethereum Improvement Proposal (EIP) 4895, which aims to enable validator staking withdrawals on the main network. This critical function was not introduced during Ethereum's switch to a proof-of-stake consensus in September to ensure a safe transition.

Besides the withdrawals, developers have also planned three additional improvements aimed at optimizing gas costs for certain activities with the Shapella upgrade.
The upgrade is due to take place on April 12 at 10:27 a.m. UTC, with epoch number 620,9536, core developers said at a meeting on Thursday.

(source)

Higher timeframe bullish scenario for #Ethereum.

April low got to be wiped out. Can't imagine ETH return back to uptrend without gaining liquidity under that important level. The rest depends on PA there. My target for ~2450 is a pure guess.

@WiseAnalyze #ETH #ta

#Ethereum ETFs Expected Date

📈 The crypto world is abuzz with Bloomberg analyst Eric Balchunas predicting the launch of the spot Ethereum ETF on July 18! 🚀

Major asset managers like VanEck, Grayscale, and BlackRock are gearing up, with recent SEC amendments hinting at an imminent debut.

Join the conversation and speculate on what this means for Ethereum and the broader crypto market!