Will Increased Ethereum (ETH) Network Activity Fuel a Price Surge?
Ethereum (ETH) network activity increased has actually been greatly increasing. Will this likewise have a favorable impact on the ETH rate?
The Ethereum rate is on the brink of a bullish breakout, with possibilities of a bullish pattern turnaround. To do this, ETH should pass the essential Fibonacci resistance in between $2,400 and $2,600.
The Overwhelming Majority of Ethereum Addresses Are in Profit
Over 76% of Ethereum addresses remain in the cash at the existing cost of around $2,200. Just 22.5% of ETH addresses run out the cash, whereas around 1.17% of addresses are at the break-even point.
In the cash suggests the addresses are at a revenue. Whereas, out of the cash implies they have a latent loss.
Ethereum In/Out the cash. Source: IntoTheBlock Ethereum Network Activity is Surging
Eth...