Counting hours for Shanghai and Capella, Ethereum (ETH) dropped close to 5 percent in a short time, scaring the ecosystem before the update.
Shanghai And capellaincreasing mobility as updates approach ETH dropped 4.39 percent in just a few hours. With the excitement created by the updates, it is not yet known which route the price will move. From approximately 1940 dollars to 1865 dollars ETH, with this price movement hours before the update, has alarmed crypto investors. ETH, which is above the weekly opening price as of the writing of the news, seems to get even hotter as the hours progress.
What’s Happening in Ethereum (ETH)? Chart Analysis
1940 from dollarsinitiating the downtrend ETH, approaching the weekly opening price 1865 dollar watching levels. Counting hours to the update The Ethereum ecosystem created fear among crypto investors as the price dropped.Taking the wind behind it for days ETH must break above $1913 and set off again towards $1942 in order to continue its rise.
If the downward trend in price continues, The 1860 – 1820 dollar levels can be followed as support.With so little time left for the update, The activity in ETH seems to increase even more.
