$ETH should I hold or close please guide | Syed Omer Hussain on Binance Square

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$ETH  should I hold or close please guide 

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$BTC money inflow negative , market is experiencing major setbacks, need to be very careful on investment

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$XRP XRP Price Eyes Fresh Upside: Can Bulls Deliver? XRPBTC +0.66% XRPUSD +1.96% XRP price is consolidating gains near the $1.450 zone. The price must clear the $1.50 resistance zone to start a fresh increase in the near term. XRP price is attempting a fresh increase from the $1.300 level. The price is now trading near $1.450 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is showing positive signs and might eye a fresh increase above the $1.50 resistance. XRP Price Holds Gains XRP price formed a base above $1.30 and started a fresh increase. There was a move above the $1.350 and $1.42 resistance levels. It even pumped above the $1.45 level, beating Ethereum and Bitcoin in the past two sessions. The price spiked above the 61.8% Fib retracement level of the downward move from the $1.6340 swing high to the $1.3007 low. However, the bears seem to be active near the $1.50 resistance zone. There is also a key contracting triangle forming with resistance at $1.50 on the hourly chart of the XRP/USD pair. The price is now trading near $1.45 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.4680 level. The first major resistance is near the $1.50 level. The next key resistance could be $1.550 or the 76.4% Fib retracement level of the downward move from the $1.6340 swing high to the $1.3007 low. A clear move above the $1.550 resistance might send the price toward the $1.6350 resistance. Any more gains might send the price toward the $1.680 resistance or even $1.6850 in the near term. The next major hurdle for the bulls might be $1.720 or $1.750. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.4000 and $1.3800. Major Resistance Levels – $1.5000 and $1.5500.

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$XRP XRP Price Eyes Fresh Upside: Can Bulls Deliver? XRPBTC +0.66% XRPUSD +1.96% XRP price is consolidating gains near the $1.450 zone. The price must clear the $1.50 resistance zone to start a fresh increase in the near term. XRP price is attempting a fresh increase from the $1.300 level. The price is now trading near $1.450 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $1.50 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is showing positive signs and might eye a fresh increase above the $1.50 resistance. XRP Price Holds Gains XRP price formed a base above $1.30 and started a fresh increase. There was a move above the $1.350 and $1.42 resistance levels. It even pumped above the $1.45 level, beating Ethereum and Bitcoin in the past two sessions. The price spiked above the 61.8% Fib retracement level of the downward move from the $1.6340 swing high to the $1.3007 low. However, the bears seem to be active near the $1.50 resistance zone. There is also a key contracting triangle forming with resistance at $1.50 on the hourly chart of the XRP/USD pair. The price is now trading near $1.45 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $1.4680 level. The first major resistance is near the $1.50 level. The next key resistance could be $1.550 or the 76.4% Fib retracement level of the downward move from the $1.6340 swing high to the $1.3007 low. A clear move above the $1.550 resistance might send the price toward the $1.6350 resistance. Any more gains might send the price toward the $1.680 resistance or even $1.6850 in the near term. The next major hurdle for the bulls might be $1.720 or $1.750. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $1.4000 and $1.3800. Major Resistance Levels – $1.5000 and $1.5500.

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$ETH An Ethereum researcher’s social media post has sparked speculation over a potential solution for the layer-1 blockchain’s scalability challenges. On Nov. 11, Ethereum researcher Justin Drake posted on X that he would announce an “ambitious” initiative for Ethereum. Drake said he had contemplated a “from-scratch” redesign of the Ethereum consensus layer, which some interpret as a step toward solving its scalability issues @drakefjustin Announcement of an announcement! Tomorrow at 5pm on the Devcon main stage I will unveil my most ambitious initiative to date. For one year I have been thinking about what a from-scratch redesign of the Ethereum consensus layer could look like. The goal is to suggest a credible strategy to ship what is an extremely ambitious and exciting beacon chain roadmap, all on a reasonable timeframe. After months of gestation alongside researchers and consensus devs I am finally ready to publicly present my proposal. It's early days and your participation is key should this new approach to tackling the consensus layer roadmap ever achieve rough consensus. Apologies for the cryptic "[title redacted]" on the Devcon schedule— didn't want to spoil the meme :) The researcher said his goal would be to suggest a strategy to ship a Beacon Chain road map. He is expected to share the proposal at Devcon in Bangkok, Thailand, on Nov. 12. Community speculates about ETH 3.0 Following Drake’s post, rumors about an ETH 3.0 upgrade circulated among the Ethereum community. On X, Ambient Finance founder Doug Colkitt posted about a rumor circulating that the ETH 3.0 announcement is a “second merge into a new consensus targeting 1-second block times” and a native zero-knowledge Ethereum Virtual Machine (zkEVM). Colkitt believes that if the rumors turn out to be accurate, having a native zkEVM would be a “huge” update: “The gas limit can be eliminated entirely. Builders can build arbitrarily large blocks since nodes only need to verify the snark. The only scaling limit left would be bandwidth.”

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IS Solana Price Primed for More Upside Now That SOL has Hit A All Time New Height ?? Solana's native token, SOL , surged to an all-time high of $264.50 on Nov. 22, propelled by Bitcoin's rally toward $100,000 and a frenzy around memecoins. This surge coincided with several Solana-based tokens gaining over 100% in value over the last month. Can SOL reach $350? Solana weekly DEX volumes, USD billion. Source: DefiLlama Solana has sustained over $6 billion in daily DEX trading activity throughout the past week, securing a 45% share of the overall market. This surge is unprecedented when compared to other networks, which has raised eyebrows, especially given Solana's very low transaction fees relative to Ethereum , BNB Chain , and Polygon. Certain market analysts suggest that SOL price could see further gains, noting that its current market cap of $121 billion remains 70% below that of Ethereum, and analysis of Solana onchain and derivatives metrics indicates potential. However, a broader perspective considering the broader competitive landscape is crucial. Memecoin frenzy drives record DApp activity on Solana Solana's network boasts a total value locked (TVL) of $9.2 billion, giving it a 73% advantage over BNB Chain, which holds $5.3 billion in assets. In late July, both networks had a similar TVL of $4.5 billion, but the disparity has since grown. For context, the combined TVL across Ethereum's leading layer-2 solutions—Base, Arbitrum, Polygon, Optimism, Blast, and Linea—also totals $9.2 billion.

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