{"id":119961,"date":"2021-04-07T00:26:10","date_gmt":"2021-04-07T00:26:10","guid":{"rendered":"https:\/\/precoinnews.com\/?p=119961"},"modified":"2021-04-07T00:26:10","modified_gmt":"2021-04-07T00:26:10","slug":"ethereum-eth-has-had-5-consecutive-positive-quarters-to-date","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/ethereum\/ethereum-eth-has-had-5-consecutive-positive-quarters-to-date\/","title":{"rendered":"Ethereum (ETH) Has Had 5 Consecutive Positive Quarters to Date"},"content":{"rendered":"

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Q2 2021 Kicks off On a High Note for Ethereum<\/h2>\n

Within the tweet, is a chart that shows that Q1 2021 was a good one for Ethereum with ETH experiencing 159.9% in returns. Additionally, Q2 of 2021 has also kicked off on a high note with Ethereum already displaying 10.27% in gains less than a week into the new month of April.<\/p>\n

Ethereum’s push above $2k was finally successful on Friday, April 2nd, as a result of increased on-chain activity as explained by the team at Santiment through the following statement and accompanying chart.<\/p>\n

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For <\/span>#Ethereum<\/span> bulls, <\/span>Good Friday<\/span> has a brand new meaning, jumping to a new <\/span>#AllTimeHigh<\/span> of $2,083 today. The hour before this price was achieved, we saw <\/span>$ETH<\/span>‘s on-chain transaction volume spike. After being hit, discussion rates reached a 7-week high.<\/span><\/p>\n<\/blockquote>\n

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Ethereum’s $2k Support Will Be Tested During the Weekly Close<\/h2>\n

At the time of writing, Ethereum is trading at $2,021 after a brief drop to $1,975 earlier today. To note is that the weekly close is hours away and the $2k support zone will probably be tested once again. With respect to support, Ethereum has the following between $2k and the macro support area around $1,800.<\/p>\n