Bitcoin $93,886.15 -1.35%
Ethereum $3,331.56 -3.18%
BNB $618.96 -3.83%
Optimism $2.21 -5.79%
Arbitrum $0.86 -5.47%
Solana $231.46 -3.65%
Polygon $0.53 -6.94%
Cosmos $7.98 -0.15%
Avalanche $42.16 +0.67%

Bitcoin $93,886.15 -1.35%
Ethereum $3,331.56 -3.18%
BNB $618.96 -3.83%
Optimism $2.21 -5.79%
Arbitrum $0.86 -5.47%
Solana $231.46 -3.65%
Polygon $0.53 -6.94%
Cosmos $7.98 -0.15%
Avalanche $42.16 +0.67%

Ethereum Falls Below Crucial $1,800 Price Point; Shiba Inu Retreats and Cardano Slips

Ethereum has fallen below the crucial $1,800 price point, disappointing investors who were expecting a big recovery in the near future. Despite strong project development on the Ethereum blockchain and a thriving DeFi and NFT ecosystem, ETH's price has suffered a downward spiral.

The Shiba Inu (SHIB) coin recently lost 7% of its value after trading below the 21-day exponential moving average (EMA), a key resistance level, which could spell trouble for Mem Coin.

Cardano (ADA) has recently lost an important ascending trendline support, which is a negative development for the digital asset as its profitability has dropped to just 12%.

Ethereum $3,331.56

-3.18%

Ethereum

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Ethereum Falls Below Crucial $1,800 Price Point; Shiba Inu Retreats and Cardano Slips

All Comments

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The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%

U.S. stocks open, most crypto stocks open lower

BTC breaks through $98,500

Cardano's ADA Hits Highest Level Since May 2022 as Bitcoin Nears $100K and Capital Rotates into Alternative Cryptocurrencies

Are we finally ready for a gas limit increase?

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Ethereum network gas fee falls back below 1 gwei

Cointime August 10th News Express

Ethereum ACDC #139: Pectra's Devnet 2 upgrade is under debugging, and the release date of Devnet 3 is still to be determined

Ethereum network gas fee drops to 1 gwei

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