Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400
This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook
Analysts are now noting that ETH may be wel

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As Ethereum DeFi craze continues, Uniswap is processing over 100,000 transactions a day | CryptoSlate

In 2018 and 2019, decentralized exchanges (DEXs) on Ethereum were barely used. While hailed as the future, these platforms failed to garner much support from cryptocurrency traders, who then preferred the cost and time efficiency of centralized platforms.

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Here’s Why Analysts Are Expecting For Ethereum To Drop Back Towards $370

Ethereum, following Bitcoin’s lead, is effectively flatlining into the week’s close around $390.
This is above critical support levels, though bulls are not yet convinced that ETH is primed to move higher.
Analysts say that ETH could actually drop towards the $370 level, then push higher.

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Vitalik Buterin highlights the importance of EIP-1559 to Ethereum’s supply | CryptoSlate

There’s been much controversy over recent days over Ethereum’s supply. As reported by CryptoSlate, Bitcoin proponents criticized how data sites tracking the second-largest cryptocurrency could not come to a consensus on the exact supply of ETH in circulation.

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Ethereum May Be Forming a Textbook Top Despite Bounce From $360 Lows

On Friday, Ethereum plunged lower as the price of gold and stocks dived.
The markets were hurt by news that the plan for the next U.S. stimulus bill fell through, though President Trump stepped in with executive orders.
ETH hit a low of around $360 during Friday’s trading session.

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Ethereum is Showing Early Signs of Weakness; Is the Top in?

Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance
This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure
One result of this consolidation phase has

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