{"id":504773,"date":"2022-10-04T17:00:31","date_gmt":"2022-10-04T17:00:31","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=504773"},"modified":"2022-10-04T09:44:49","modified_gmt":"2022-10-04T09:44:49","slug":"ethereum-marks-three-consecutive-red-weekly-closes-will-uptober-change-its-trajectory","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-marks-three-consecutive-red-weekly-closes-will-uptober-change-its-trajectory\/","title":{"rendered":"Ethereum Marks Three Consecutive Red Weekly Closes, Will Uptober Change Its Trajectory?"},"content":{"rendered":"
Ethereum has been one of the cryptocurrencies that have received major support from the crypto community regardless of how the price performs in the market. Since the Ethereum Merge was completed, though, the digital asset has not performed as well as expected. ETH\u2019s price has continuously bled out, which has led to its price relegating to the low $1,000s. As the new month begins, speculations abound on whether the cryptocurrency has what it takes to recover.<\/p>\n
Three Red Weekly Closes<\/h2>\n
Along with the rest of the crypto market, Ethereum\u2019s price has suffered bitterly at the hands of the bulls. Once again, the curse of September reared its ugly head, and digital assets across the space saw more red than green during this time period. Ethereum itself had closed out the month with three consecutive red weekly closes, which has greatly impacted its performance in the market.<\/p>\n