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Ethereum Holds $1,800 Support, Eyes $2,028 Breakout With $2,426 in Sight

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Ethereum Holds $1,800 Support, Eyes $2,028 Breakout With $2,426 in Sight - TheNewsCrypto

Quick Summary:

Ethereum’s (ETH) price has traded within a tight consolidation range between $1,756 and $1,833 since April 23, hinting at market indecision.

Despite this, ETH’s ability to hold above $1,800 — even after facing strong rejection at the psychological $2,000 level — signals underlying bullish intent.

The shift toward Layer-2 solutions post-Dencun and reduced burn rates have made ETH issuance inflationary, with over 730,000 ETH added to the supply since April 2024.


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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-03 @ 08:27:59 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 507 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28332561

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About TheNewsCrypto

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Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 15 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 16 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

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The story "Ethereum Holds $1,800 Support, Eyes $2,028 Breakout With $2,426 in Sight" was covered 1 days ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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The outlet is headquartered in United Arab Emirates and publishes an average of 15 news stories per day.

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  • News ID: #28332561
  • URL: https://apeiron.beamstart.com/news/ethereum-holds-1800-support-eyes-17462735504922

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