Gate News Bot Message, December 19th, according to CoinMarketCap data, as of press time, ETHW (EthereumPoW) is currently trading at $0.56, up 14.21% in the past 24 hours, with a high of $0.58 and a low of $0.48. The 24-hour trading volume reached $13.2 million. The current market capitalization is approximately $60.8 million, an increase of $7.56 million from yesterday.
Important recent news about ETHW:
1️⃣ Increased trading activity supports the rise
The recent surge is accompanied by a significant increase in trading volume, reaching $13.2 million in 24 hours, reflecting heightened market participation. The expansion of trading volume usually indicates increased market attention and improved liquidity, providing momentum for the price to rise.
2️⃣ Steady growth in market capitalization
The market cap increased by $7.56 million to $60.8 million, a growth of over 14%, matching the price increase. This suggests that ETHW is not only rising in price but also gaining overall market recognition, with continuous net capital inflow into the asset.
3️⃣ Technical indicators show upward momentum
From intraday performance, ETHW reached a high of $0.58 and a low of $0.48, forming a $0.10 amplitude range. The price maintained an upward trend during the day, closing at $0.56, which is near the high, indicating strong bullish dominance.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Dogecoin Price Eyes Critical Support at $0.054 Signaling Potential for Rebound
Dogecoin price continues to respect a multi-year support zone between $0.05 and $0.06 across several market cycles.
Monthly chart structures show recurring base formations that precede sharp expansion phases.
Current price compression suggests easing selling pressure near long-term
CryptoNewsLand1h ago
ASTER Rebounds 15% After Five-Month Slide, Price Stabilizes Above $0.53 Support
ASTER had dropped to $0.50, the same level that was anticipated to happen in five months.
Price regained its lost grounds to be at $0.6145 with an increase of 14.9 percent a day and above the support zone of $0.5338.
Resistance is limited around $0.6188 with volume at a high level in the
CryptoNewsLand1h ago
Gold’s Decade-Long Rally Nears Historical End Zone
Gold's recent rise to $5,600 marks a 427% increase since 2016, signaling potential shifts into stocks and crypto, as historical trends suggest gold's super runs typically last about a decade. With the crypto market's evolution, future asset rotations could include significant movements into Bitcoin and other digital assets.
LiveBTCNews1h ago
Litecoin Holds $53 Support as Price Consolidates on Weekly Chart
Litecoin was at $53.47 with a 3.8 per cent drop on a day to day basis whilst it stood directly at a predetermined support level.
Price remained within the range of $53.47 support and 55.55 resistance indicating short term consolidation.
The weekly chart also revealed a general formation b
CryptoNewsLand1h ago
XRP Stalls Near $1.41 as Trading Range Narrows Between Key Levels
XRP was traded at $1.41 with a decline of 2.0% on a daily basis and converged between strong buy and sell aids.
Short-term consolidation was adhered to as price action remained trapped between support and resistance at $1.42 and $1.46 respectively.
Downside structure consists of
CryptoNewsLand2h ago
SOMI Price Trades Inside $0.13–$0.18 Reversal Zone Amid Short-Term Pressure
SOMI was trading around $0.1717 with a price of slightly above the $0.1713 support at the end of a price fall by 3.5%.
SOMI is confined in a short-term range since price was still held down below the $0.1831 resistance.
The asset still traded within the larger $0.13-$0.18 reversal band, i
CryptoNewsLand3h ago
