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$ETH has a pretty wild history since its launch in 2015 by Vitalik Buterin. It started as a platform for decentralized apps (dApps) and smart contracts, quickly gaining traction in the crypto space. Over the years, $ETH has seen massive growth, hard forks like the DAO fork leading to Ethereum Classic, and upgrades like the Merge transitioning to proof-of-stake.
Looking at the chart you shared for $ETH :
- Price is at $3,152.24 with a 5.58% increase.
- The chart shows an upward trend with green candles dominating, indicating bullish momentum.
- MACD shows a positive value with a bullish crossover (DIF > DEA), supporting the bullish sentiment.
The bullish statement here is that ETH is showing signs of strength:
- Price is trending up with a decent volume (161.57K ETH, $495.52M turnover).
- Indicators like MACD align with a potential continuation of the upward trend.
#ETH #Rmj-Trades