Ethereum’s current price stands at 1,810 USD, reflecting investor indecision following a recent rejection at the 9-week EMA. Vitalik Buterin’s recent proposal aims to simplify Ethereum using Beam Chain and RISC-V, addressing complexities that hinder its growth.
Ethereum is testing the critical 1,800 USD resistance level. If it falls below this mark, a further decline may ensue with key support levels at 1,688 USD, 1,550 USD, and 1,470 USD. Sustaining above 1,800 USD could set the stage for a recovery surpassing the 2,100 USD resistance.
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