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ETH Staking Statistics Continue to Signal a Return to $2,000

From fxempire.com

Ethereum (ETH) rose by 2.42% on Friday. Reversing a 0.64% loss from Thursday, ETH ended the day at $1,907. Despite the bullish session, ETH revisited sub-$1,850 for the third consecutive session. Tracking the broader crypto market, ETH fell to a first-hour low of $1,848. Steering clear of the First Major Support Level (S1) at $1,838, ETH rose to an early evening high of $1,911. ETH broke through the First Major Resistance Level (R1) at $1,887 to end the day at $1,907. Staking Statistics and US Economic Indicators Delivered Support: According to CryptoQuant, staking inflows fell from an ATH of 404,704 ETH on Thursday ... (full story)

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