{"id":3113,"date":"2021-04-26T10:51:13","date_gmt":"2021-04-26T09:51:13","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=3113"},"modified":"2021-04-26T10:51:15","modified_gmt":"2021-04-26T09:51:15","slug":"eth-usd-triangle-pattern-breakout-purchase-limit-in-place","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/eth-usd-triangle-pattern-breakout-purchase-limit-in-place\/","title":{"rendered":"ETH\/USD: Triangle Pattern Breakout, Purchase Limit in Place."},"content":{"rendered":"\n<h2 class=\"wp-block-heading\"><strong>After putting the high 2333.11 and the low 2215.03, <a href=\"https:\/\/coinscreed.com\/staging\/ethereum-eth-shoots-to-2550-as-eth-options-interest-hit-record-high.html\" class=\"rank-math-link\">ETH\/USD<\/a> closed at 2333.11. During Friday\u2019s <a href=\"http:\/\/google.com\/trading session\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">trading session<\/a>, Ethereum started losing its balance and posted losses that extended to the next day but on Sunday, ETH\/USD pulled back and recovered most of its previous day losses.<\/strong><\/h2>\n\n\n\n<p>Earlier this week, three Ethereum exchange-traded funds were approved by Canadian regulators and a number of days after the launch, over $138 million in trade volumes were reported. Ethereum ETFs' impressive score added strength in prices over the weekend.<\/p>\n\n\n\n<p>In addition, the data from Messari, the crypto-data and knowledge online database, indicated that by the end of the year Ethereum could cross up to six trillion dollars in transactions. The network settled approximately $1.5 billion in transactions in the first quarter of 2021. The report also contributed to the price rise on Sunday of the second largest traded cryptocurrency.<\/p>\n\n\n\n<p>For the first time since early March, the recent decrease in BITCOIN has brought pressure on the entire market for crphotocurrency below the $50,000 stage. Fears of a big 50 percent correction sent Bitcoin below the $50,000 level that kept the ETH\/USD prices under pressure. US tax rate increase recently proposed<\/p>\n","protected":false},"excerpt":{"rendered":"<p>After putting the high 2333.11 and the low 2215.03, ETH\/USD closed at 2333.11. During Friday\u2019s trading session, Ethereum started losing its balance and posted losses that extended to the next day but on Sunday, ETH\/USD pulled back and recovered most of its previous day losses. Earlier this week, three Ethereum exchange-traded funds were approved by [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":3056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[128],"class_list":["post-3113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum-news","tag-ethereum"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/04\/download.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=3113"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/3056"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=3113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=3113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=3113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}