This achievement not only marks the reclamation of the $4,000 zone by ETH but also signifies that the king of altcoins might achieve a new all-time high.price trend on a daily timeframe showed that, at the time of this writing, it had surged past the $4,000 mark, having risen byGoing back in history, the last time ETH reached this price range was between October and December 2021, coinciding with its previous all-time high of $4,878.
Given the press time RSI, a price correction may be imminent before ETH resumes its upward trajectory toward a new all-time high.AMBCrypto’s look at the Total Supply in Profit via Santiment showed that, at press time, the indicator was over 128 million, accounting forAfter a decline in 2022, when the majority of the supply was held at a loss, this recent shift signified a significant positive turn in the market sentiment.
This surge in derivatives indicated positive sentiment among traders, reflecting increased confidence in Ethereum’s potential to surpass its current price level.Adewale is a full-time journalist at AMBCrypto. While he is increasingly fascinating by the world of blockchain and cryptocurrencies, Adewale holds a degree in International Relations.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: CryptoAmb - 🏆 22. / 68 Read more »