Ethereum Price Prediction as $3 Billion Trading Volume Sends ETH Past $1,600 – Time to Buy?
Crypto News
17 Sep 2023 9:52 AM
Amidst turbulent market conditions, Ethereum has garnered attention as its trading volume surpassed $2.6 billion......
- Ethereum's trading volume has surpassed $2.6 billion, pushing its price above $1,600.
- Ethereum is currently trading at $1,632, experiencing a slight dip of 0.20% in the past 24 hours.
- It holds the second rank among cryptocurrencies with a market cap of $196 billion and a circulating supply of 120,224,407 ETH coins.
- The Holesky testnet launch for Ethereum faced challenges and will be relaunched in the upcoming weeks.
- The technical outlook for Ethereum suggests potential for an upward shift above $1,650, with resistance levels at $1,670 and $1,750.
- Failure to breach the $1,650 threshold may lead to a decline in price.
The sentiment of the article is mostly neutral, providing information about Ethereum's market performance and challenges.
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