
Ethereum Drops 4% after ETH Prices Find Resistance At $3.8k
The Ethereum price is down four percent at spot rates but remains in an uptrend as per the candlestick arrangement in the daily chart.
Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (dApps). It was created by Vitalik Buterin in 2013 as a way to expand the functionality of blockchain technology.
Ethereum’s native cryptocurrency,Ā EtherĀ (ETH), is used to pay for transaction fees and computational services on the network. Ethereum’sĀ smart contract functionalityĀ allows developers to create self-executing contracts that can automate complex transactions and operations, such as the transfer of assets, voting systems, and more. Ethereum’s flexibility andĀ community supportĀ have made it a popular choice for buildingĀ decentralized applicationsĀ and other blockchain-based projects.

The Ethereum price is down four percent at spot rates but remains in an uptrend as per the candlestick arrangement in the daily chart.

Ethereum is one of the top performers in the last trading week, adding double digits and blasting past resistance levels as per the formation in the

Ethereum buyers are rampant at spot rates, stable on the last trading day but up double digits week-to-date versus the USDT, according to trackers.

Ethereum Classic (ETC) has seen a meteoric rise in the price chart, gaining more than 50% in the last week. This enormous rise can be attributed
![What is Ethereum [ETH]?](https://crypto-economy.com//wp-content/uploads/2022/03/ethereum-1.jpg)
Ethereumās transition to a Proof-of-Stake (PoS) chain is getting into final phases and Vitalik Buterin has introduced yet another proposal, Proto-Danksharding (EIP-4844), to improve Ethereum 2.0ās sharding mechanism.

According to the latest announcement in the Ethereum blog, the Kiln testnet is now live and running as one of the most important milestones towards Ethereum

ConsenSys raises $450 million is its latest funding round that has brought the company value to a staggering $7 billion. The amount raised will be used to upgrade company flagship product Metamask, hiring new employees, and bunch of other product upgrades.

Ethereum prices appear capped at spot rates. However, from the daily chart, ETH has been making a series of higher highs relative to the upper BB–a

Ethereum is still dangling above a key support line after posting deep losses in the past few weeks. Nonetheless, as weak hands liquidate, ETH address with

Ethereum and crypto prices are bouncing back, snapping to trend as the situation in Ukraine worsens. After a cool-off over the weekend, the recovery of crypto
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