Ethereum’s technical picture has barely changed as the coin stays below the critical level. Comments from the creator failed to impress market players. Ethereum, the seconds largest coin by market value, is changing hands at $482 after peaking at $495 on Sunday. Ethereum’s market value is $48.6B with average daily trading volume registered at $1.2B. Short-term volatility is growing amid subdued trading volumes. ETH/USD has lost 1.5% on a daily basis as a movement towards critical $500 lacked momentum and attracted new sellers. The price stays above the long-term sloping trend line (currently at $4537), which is a promising signal. But the upside is capped by $500, followed by 50-DMA at $525. Ethereum gained almost 9% on a weekly basis, but the market is in no hurry for a decisive breakthrough. Tech Crunch’s Blockchain Sessions that took place in Swiss Zug on Friday featured Ethereum Founder Vitalik Buterin who heavily criticised cryptocurrency exchanges saying that he hopes all of them would burn in hell. Buterin stands for more decentralization and laments the current trend in the market that moves towards centralized business models. ETH/USD, the daily chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Japan: Annual wage growth depressed by estimated 0.1ppt – Nomura FX Street 4 years Ethereum's technical picture has barely changed as the coin stays below the critical level. Comments from the creator failed to impress market players. Ethereum, the seconds largest coin by market value, is changing hands at $482 after peaking at $495 on Sunday. Ethereum's market value is $48.6B with average daily trading volume registered at $1.2B. Short-term volatility is growing amid subdued trading volumes. ETH/USD has lost 1.5% on a daily basis as a movement towards critical $500 lacked momentum and attracted new sellers. The price stays above the long-term sloping trend line (currently at $4537), which is a promising signal.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.