[ad_1] <br><div> <div id="imgCarousel" class="imgCarousel"> <img alt="Warning sign for ETH price? Ethereum volume profile is down 90% since March 2020 " id="carouselImage" src="https://i-invdn-com.investing.com/news/Ethereum_800x533_L_1637103966.jpg" style="visibility:hidden"/> <span class="text">© Reuters </span> <i class="imgGrad"/> </div>
<p>The worth of Ethereum’s native token, Ether (<span>ETH</span>), has recovered 78% since June 2022. However this doesn’t assure additional upside, notably with declining buying and selling volumes suggesting that the chance of a significant correction is excessive. </p> <p>A “quantity profile” indicator shows buying and selling exercise throughout costs, with the blue indicating shopping for quantity and the yellow indicating promote quantity. </p><figure><figcaption style="text-align: center;"><em>Illustration of a quantity profile bar. Supply: TradingView</em></figcaption></figure><figure><figcaption style="text-align: center;"><em> weekly value chart. Supply: TradingView</em></figcaption></figure><h3>2022 ETH value backside differs from two years in the past</h3><figure><figcaption style="text-align: center;"><em>ETH/USD every day value chart. Supply: TradingView</em></figcaption></figure><figure><figcaption style="text-align: center;"><em>Ether circulating provide in revenue. Supply: Glassnode</em></figcaption></figure><template data-name="subscription_form" data-type="markets_outlook"/><p><a target="_blank" href="https://cointelegraph.com/news/warning-sign-for-eth-price-ethereum-volume-profile-is-down-90-since-march-2020" rel="nofollow noopener">Continue Reading on Coin Telegraph</a></p> </div> <br>[ad_2] <br><a href="https://www.investing.com/news/cryptocurrency-news/warning-sign-for-eth-price-ethereum-volume-profile-is-down-90-since-march-2020-3023377">Source link </a>