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Ethereum Price Analysis: Will ETH Break Above $2,000 This Week?
Ethereum (ETH) price has been trading within the $1,540 – $1,600 range over the past week despite the prevailing bearish sentiment. A vital on-chain indicator has revealed that a flurry of new users have been buying Ethereum in recent weeks. Can the bearish technical indicators flip bullish this week? Ethereum is Attracting Transactions From New Users: Bitcoin price marginally outperformed Ethereum price last week. But amid the intense sell-pressure on ETH, on-chain data reveals that a significant number of new users flocked into the Ethereum ecosystem. According to IntoTheBlock, New Adoption Rate on the Ethereum ... (full story)