{"id":502440,"date":"2022-09-15T23:00:10","date_gmt":"2022-09-15T23:00:10","guid":{"rendered":"https:\/\/ktsl888.com\/?p=502440"},"modified":"2024-06-11T14:26:12","modified_gmt":"2024-06-11T14:26:12","slug":"ethereum-merge-fails-to-move-eth-price-2000-remains-elusive","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/ethereum\/ethereum-merge-fails-to-move-eth-price-2000-remains-elusive\/","title":{"rendered":"Ethereum Merge Fails To Move ETH Price, $2,000 Remains Elusive"},"content":{"rendered":"
The price of Ethereum continues to struggle below $1,600 despite the Merge being successful. As pointed out previously, the Ethereum Merge had looked to be a \u201cbuy the rumor, sell the news\u201d event, which seems to be playing out, but the lack of highly fluctuating prices suggests that even the expected sell-offs seemed not to have happened. Instead, it looks to be that momentum is currently muted, making it impossible for the price to swing either way.<\/p>\n
Merge Is Priced In<\/h2>\n
During the rallies that led up to the Ethereum Merge, there were debates on whether the upgrade had been finally priced into the value of the digital asset. At one point, ETH had rode the wave up to $2,000 but quickly lost its footing. Given this, it was a matter of what would be best for the digital asset.<\/p>\n