Ethereum

Flow

HODL

Daily

MN Coin

<ul> 
 <li><strong>ETH price hovers above the $1,880 level after noting a 24-hour gain of 1.40%.</strong></li> 
 <li><strong>The surge in Ethereum’s daily trading volume exceeds that of Bitcoin.</strong></li> 
</ul> 
<p>Ethereum (ETH), the second largest cryptocurrency, stabilizes within the $1,880 range, highlighting reduced price volatility. Meanwhile, next to Bitcoin, Ethereum was expected to cross $2K yet the uncertainty flows along.&nbsp;&nbsp;</p> 
<p>In the past 24 hours, the trading volume of Ethereum (ETH) recorded a surge of over 33.41% to reach $5,780,720,995. While the top rival Bitcoin (BTC) experienced a spike of 27.29% in volume.&nbsp;</p> 
<h3 class="wp-block-heading" id="ethereum-eth-price-analysis">Ethereum (ETH) Price Analysis</h3> 
<p>Ethereum’s price movement over the past week reflected its intense bearish market stance. But according to the daily price chart, the current price action crossed above the short-term 50-day exponential moving average (50EMA), denoting its attempt to enter the bullish state.&nbsp;</p> 
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  <img decoding="async" src="https://lh5.googleusercontent.com/xIHTYng8I-oOUH6V6ArKtrpxgxMlvaZGJeJvW7joK49MWgncC2FJyV-D35Q4wOfNrSBDYwG3ZzTfovmk5NPD-6lcEHeTFvMIpqjDFqpXTb6Vnj68eMZb-xiZxa4djfURNSKaIK29MgOsV1UwpJz6FfA" alt=""> 
  <figcaption class="wp-element-caption"> <em>Ethereum (ETH) Daily Price Chart (Source: </em><a href="https://www.tradingview.com/" target="_blank" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em> 
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<p>When daily RSI is taken into account, it can be clearly noted that ETH is heading toward neutral territory (at 50). Meanwhile, the Chaikin Money Flow (CMF) fell below 0 to denote a negative outlook in terms of the bulls’ accumulation and capital flow.&nbsp;</p> 
<p>As per CoinMarketCap, at the time of writing, the market price of ETH was $1,876 with a 24-hour gain of 1.40%.</p> 
<h3 class="wp-block-heading" id="h-bearish-monthly-outlook-of-eth">Bearish Monthly Outlook of ETH&nbsp;</h3> 
<p>The decline and consolidation of the Ethereum price within the $1,880 range, coupled with lower levels of volatility, has led to losses for Ether traders. Consequently, the number of Ethereum addresses in loss reached a monthly high of 34.16 million on Thursday.</p> 
<div align="center"> 
 <blockquote class="twitter-tweet"> 
  <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> Number of Addresses in Loss (7d MA) just reached a 1-month high of 34,161,612.280<br><br>View metric:<a href="https://t.co/eTr2V1rqmQ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/eTr2V1rqmQ</a> <a href="https://t.co/gHdvUngbJw" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/gHdvUngbJw</a></p>— glassnode alerts (@glassnodealerts) <a href="https://twitter.com/glassnodealerts/status/1684477540189052932?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 27, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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<p>The amount of Ethereum that has been last active between the last one and two years attained a new one-month low of nearly 19.98 million ETH, as per the on-chain <a href="https://twitter.com/glassnodealerts/status/1684477540189052932" target="_blank" rel="noopener noreferrer nofollow">data</a> from Glassnode. This data denotes a slight drop in the HODL pattern of Ethereum investors.</p> 
<p><strong>Highlighting Crypto News Today:</strong></p> 
<p><a href="https://thenewscrypto.com/ethereum-eth-sets-impressive-record-reports-unveil-monumental-milestone/" target="_blank" rel="noopener noreferrer nofollow">Ethereum (ETH) Sets Impressive Record, Reports Unveil Monumental Milestone</a></p>

Ethereum (ETH) Price Analysis: ETH is Dominating BTC’s Trading Volume

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