We expect growth in the coming days ETHEREUM ETH price

27 сент. 2022 г.

Almost two weeks have passed since the transition of the Ethereum from POW to POS

What did we get? Movement along the red route from our previous idea, as well as:
- reduction of mining of new coins by -86-90%
- falling ETH price

A little illogically. The prospect of a decrease in the supply of Ether on the market should have provoked a strong increase in the ETHUSD price
It is possible that the trading strategy of large deposits is currently being restructured, taking into account the new minting data of new ETH. And in the future the ETHUSDT price will resume its growth.

However, the truth will be that the launch of the MERGE coincided with, how we hope, "final fall" of the crypto market in 2022.
And while the BTCUSDT price was close to updating the minimum of 2022, the ETH price stopped at 27% above the June minimum.

Ok, in the coming days, we expect the ETHUSDT price to rise to $1575. There is a crossing of several critical levels, so a correction from there will be very likely.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more