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How much will Ethereum be worth in the market? Are whales buying up?
In the last 24 hours, the price of Ethereum (ETH) has gone up by 1.5%, bringing it to $1,865 as its 24-hour trade volume passes $8 billion. The present price of Ethereum (ETH) also means that it hasn’t changed much in the last week.
Ethereum (ETH) has gone up by 4% in the last 30 days and has gone up by 56% since the start of 2023. Since the market is likely to wait for another rate hike from the Federal Reserve, Ethereum (ETH) small gains today could be canceled or even boosted if the Fed sends a signal that it might change its mind about raising rates on Ethereum (ETH).
Even so, Ethereum (ETH) is now processing withdrawals after the Shanghai update last month. The platform is still developing and growing steadily. This means that Ethereum (ETH) can only go up in the medium and long run.
Will Hedera (HBAR) correction move until $0.05?
Hedera (HBAR) price has been going down for the past few weeks. On the monthly chart, Hedera (HBAR) has been making a strong candle that points down. Hedera (HBAR) is selling near $0.0582, which is a drop of 1.85% since the beginning of the day.
Near $0.07, Hedera’s (HBAR) upward trend could come to an end. Near $0.05, the price of the Hedera (HBAR) is starting to go up again. In the past, the price did a negative crossing, which can push the Hedera (HBAR) price down even more. In the future, the 50 and 100 EMA can act as a barrier to the price.
The Hedera (HBAR) RSI is close to 40 and has a negative trend. The indicator shows that the general mood is negative. In the last few months, Hedera (HBAR) TVL has been getting worse. Hedera (HBAR) is moving close to a serious level, but it could go up in the future.
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