Ethereum (ETH): News Hebdo – Analysis – Price Prediction for Crypto-ETH





Ethereum introduced the concept of smart contracts, NFTs and many other features that contributed to the increased use of blockchain.

Ethereum (ETH) price: what is the current price?

Here is the live price of Ethereum.

Today’s Ethereum news per. 05/10/2022:

According to the crypto-intelligence platform Glassnode, Ethereum’s delay in the transition from proof-of-work to proof-of-stake contributes to the current negative mood in the market. On Coin base the cryptocurrency thus lost about 30% in one month and fell below $ 2,300 for the first time since January.

a few hours ago told you abt #btc #eth dump Coming now #ETH broke the big support zone and fell down and down. The price dropped to the highest support level of $ 2320- $ 2410. A strong jump / reaction is expected from this area. The overall momentum looks strongly bearish. https://t.co/dLDCi2VdlM

Note that the Ethereum Foundation launched a roadmap for the event to gain community support.

In their latest estimates, analysts believes that the Ethereum price should close above the support level of $ 2,420 to counter the current decline. A sustained daily close below this critical level may dampen a downward trend from Ethereum.

ETH price forecast in the medium term: Following its retracement in 2021, the price of ETH has become more attractive. We can take advantage of this to play the highest prizes in 2021.

Long-term ETH price prediction: The $ 5,000 and $ 10,000 targets are expected as the Beacon chain, which will swing Ethereum to proof-of-stake consensus, is expected in 2022.

Our overall opinion on crypto Ethereum (ETH) for 2022

  • ETH Global Mirror Mag Rating: 7/10

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Opinion on the project

Thanks to the many blockchain applications, Ethereum has become the center of decentralized financing. The network is very reliable and has the support of several large multinational companies such as Microsoft, IBM and Banco Santander.

Price volatility announcement

Ethereum is one of the most stable cryptocurrencies. Violent fluctuations become less frequent and prices become more predictable.

Conclusion – should you invest in Ethereum crypto? Where and how to buy it?

Conclusion on our Ethereum review

Ethereum is the cryptocurrency project that attracts the most interest from large companies. Its dominance of decentralized finances is still undeniable despite the many ethereum killers that has been launched.

Buy Ethereum (ETH) to shop

To trade with this cryptocurrency, the eToro broker is the most suitable. In addition to buying tokens, this platform allows you to trade short-term crypto-CFDs without having to hold tokens.

  • Step 1 : use the search bar on the eToro platform to find the cryptocurrency.
  • Step 2 : then click “Invest” to enter the amount of cryptocurrency to purchase and validate the transaction.

Read this article to find out how to buy cryptocurrency on eToro.

68% of retail investor accounts lose money when trading CFDs with this provider. You need to ask yourself if you can afford to take the high risk of losing your money.

Buy Ethereum to invest

To invest in this cryptocurrency by holding them in a wallet, go to the Binance platform.

  • Step 1 : go to the “Buy Cryptos” tab and then select the payment method of your choice.
  • Step 2 : select the crypto you want to buy and proceed to secure payment. Thereafter, the cryptocurrencies will be credited to the dedicated wallet.

Read this article to find out how to buy cryptocurrency at Binance.

Useful resources to invest in Ethereum (ETH)

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Almmaye
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