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🗣️🔥📈Ethereum ETF Approval To Potentially Triggers Up to 60% Rally in Ethereum Price
According to QCP Capital, a Singapore-based firm, the possible approval of spot ether $ETH exchange-traded funds (ETFs) in the U.S. could result in a rally of up to 60% for the second-largest cryptocurrency in the coming months. This prediction was shared during a Telegram broadcast on Thursday.
QCP Capital believes that the market reaction to the potential spot bitcoin ETF approvals in January could be mirrored in the case of ether. Following the approval of spot bitcoin ETFs and their subsequent trading on January 11, the price of bitcoin experienced a surge from $42,000 to over $73,000 within two weeks, as indicated by CoinGecko data.
With the implied volatility for Friday surpassing 100%, market participants are anticipating significant market activity. QCP Capital further noted that VanEck's ETF has been listed by the Depository Trust & Clearing Corporation (DTCC), suggesting that approval is likely imminent, with trading expected to commence as early as next week.
Implied volatility serves as an indicator of the market's anticipation of future price fluctuations for an asset. With the heightened volatility surrounding ether, the potential approval of spot ETFs is expected to significantly impact the cryptocurrency's price trajectory in the near future.
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According to QCP Capital, a Singapore-based firm, the possible approval of spot ether $ETH exchange-traded funds (ETFs) in the U.S. could result in a rally of up to 60% for the second-largest cryptocurrency in the coming months. This prediction was shared during a Telegram broadcast on Thursday.
QCP Capital believes that the market reaction to the potential spot bitcoin ETF approvals in January could be mirrored in the case of ether. Following the approval of spot bitcoin ETFs and their subsequent trading on January 11, the price of bitcoin experienced a surge from $42,000 to over $73,000 within two weeks, as indicated by CoinGecko data.
With the implied volatility for Friday surpassing 100%, market participants are anticipating significant market activity. QCP Capital further noted that VanEck's ETF has been listed by the Depository Trust & Clearing Corporation (DTCC), suggesting that approval is likely imminent, with trading expected to commence as early as next week.
Implied volatility serves as an indicator of the market's anticipation of future price fluctuations for an asset. With the heightened volatility surrounding ether, the potential approval of spot ETFs is expected to significantly impact the cryptocurrency's price trajectory in the near future.
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🔥🌕$NOT Price Predictions for June and July 2024: Analyzing Potential Trends
According to a price trend analysis of #Notcoin (NOT), the digital asset is expected to face a temporary decline in value at the start of June 2024, with an estimated drop of -14.60%.
However, this downtrend is likely to reverse course by mid-June, as projections suggest a notable price increase of up to 110.46%. Throughout the remainder of the month, Notcoin is predicted to maintain a consistent upward trajectory, averaging around 38.16% growth by the end of June.
As we move into July 2024, predictions point to a minimum price of $0.00592, an average price of $0.0121, and a maximum price of $0.0141 for NOT. This indicates a substantial average change of approximately 82.77% when compared to earlier periods, suggesting sustained growth potential for Notcoin over the coming months.
According to a price trend analysis of #Notcoin (NOT), the digital asset is expected to face a temporary decline in value at the start of June 2024, with an estimated drop of -14.60%.
However, this downtrend is likely to reverse course by mid-June, as projections suggest a notable price increase of up to 110.46%. Throughout the remainder of the month, Notcoin is predicted to maintain a consistent upward trajectory, averaging around 38.16% growth by the end of June.
As we move into July 2024, predictions point to a minimum price of $0.00592, an average price of $0.0121, and a maximum price of $0.0141 for NOT. This indicates a substantial average change of approximately 82.77% when compared to earlier periods, suggesting sustained growth potential for Notcoin over the coming months.
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#Bitcoin|| $BTC
📈 Do not be surprised now if you see Bitcoin making a new high, but this will be required in order to complete the picture of the negative discrepancy between the price and the movement of the Relative Strength Index.
🚧 Areas of $75-80 thousand will be important to monitor.
📉You must pay attention and be careful of the upcoming decline to levels of 44-45 thousand.
BTC
66,797.1
-4.3%
Disclaimer: Contains the opinions of third parties. It is not financial advice. May contain sponsored content. See terms and conditions.
Witnesses
📈 Do not be surprised now if you see Bitcoin making a new high, but this will be required in order to complete the picture of the negative discrepancy between the price and the movement of the Relative Strength Index.
🚧 Areas of $75-80 thousand will be important to monitor.
📉You must pay attention and be careful of the upcoming decline to levels of 44-45 thousand.
BTC
66,797.1
-4.3%
Disclaimer: Contains the opinions of third parties. It is not financial advice. May contain sponsored content. See terms and conditions.
Witnesses
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Investing in Litecoin can be driven by several factors, including:$LTC
Speed and efficiency: Litecoin is faster in confirming transactions compared to Bitcoin, as a Litecoin block takes about 2.5 minutes to confirm, while a Bitcoin block takes about 10 minutes. This makes Litecoin more attractive for everyday transactions.
Low Transaction Fees: Transaction fees on the Litecoin network are usually lower than Bitcoin, making it a better option for micropayments.
Wide Adoption: Litecoin is recognized and accepted in many places that accept cryptocurrencies, enhancing its usefulness as a means of exchange.
Security: Litecoin relies on the same basic security technology as Bitcoin, which is blockchain technology, which makes it safe and reliable.
Continuous Evolution: Litecoin developers continue to improve the network by adding new features such as SegWit and Lightning Network, which aim to improve the speed and efficiency of transactions.
Strong and supportive community: Litecoin has a strong community of users and developers who support and promote the currency, enhancing its stability and growth.
Diversification in the investment portfolio: Adding Litecoin to the investment portfolio can provide good diversification, as it is considered one of the oldest and largest cryptocurrencies after Bitcoin.
This is the best time to buy 🔥🔥
#LTC📈
Speed and efficiency: Litecoin is faster in confirming transactions compared to Bitcoin, as a Litecoin block takes about 2.5 minutes to confirm, while a Bitcoin block takes about 10 minutes. This makes Litecoin more attractive for everyday transactions.
Low Transaction Fees: Transaction fees on the Litecoin network are usually lower than Bitcoin, making it a better option for micropayments.
Wide Adoption: Litecoin is recognized and accepted in many places that accept cryptocurrencies, enhancing its usefulness as a means of exchange.
Security: Litecoin relies on the same basic security technology as Bitcoin, which is blockchain technology, which makes it safe and reliable.
Continuous Evolution: Litecoin developers continue to improve the network by adding new features such as SegWit and Lightning Network, which aim to improve the speed and efficiency of transactions.
Strong and supportive community: Litecoin has a strong community of users and developers who support and promote the currency, enhancing its stability and growth.
Diversification in the investment portfolio: Adding Litecoin to the investment portfolio can provide good diversification, as it is considered one of the oldest and largest cryptocurrencies after Bitcoin.
This is the best time to buy 🔥🔥
#LTC📈
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$PEPE
Analyzing the daily chart of Pepe coin price, Pepe price is witnessing tron buying pressure as the price has broken above the previous ATH. Currently, PEPE price is facing a surge in buying confidence as the price is rising near Fibonacci levels. 24-hour trading volume rose to $1.27 billion, showing increased interest in today's trading activity. Pepe's price is trading at $0.000014, up by more
From 23% in the last 24 hours.
The RSI-14 trend line has risen from its previous level and is currently trading around the overbought zone at level 74, indicating rising buying dominance. The SMA-14 level indicates volatility in the next few hours.
#Write&Earn
Analyzing the daily chart of Pepe coin price, Pepe price is witnessing tron buying pressure as the price has broken above the previous ATH. Currently, PEPE price is facing a surge in buying confidence as the price is rising near Fibonacci levels. 24-hour trading volume rose to $1.27 billion, showing increased interest in today's trading activity. Pepe's price is trading at $0.000014, up by more
From 23% in the last 24 hours.
The RSI-14 trend line has risen from its previous level and is currently trading around the overbought zone at level 74, indicating rising buying dominance. The SMA-14 level indicates volatility in the next few hours.
#Write&Earn
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Hello traders, I hope you are all well,
PEPE price breaks ATH twice in 24 hours
memecoin $PEPE continues to display bullish price action by successfully setting a new all-time high at $0.00001422 today. Positively, Ethereum-based memecoin added 25.86% with a trading volume of $4.3 billion in the last 24 hours.
Positively, the $PEPE coin price has formed a symmetrical triangle pattern in the 1D time frame and is about to test its resistance trend line, the outcome of which is uncertain.
Keep following me for more information.
Good luck🍀
PEPE price breaks ATH twice in 24 hours
memecoin $PEPE continues to display bullish price action by successfully setting a new all-time high at $0.00001422 today. Positively, Ethereum-based memecoin added 25.86% with a trading volume of $4.3 billion in the last 24 hours.
Positively, the $PEPE coin price has formed a symmetrical triangle pattern in the 1D time frame and is about to test its resistance trend line, the outcome of which is uncertain.
Keep following me for more information.
Good luck🍀
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Many people believe that cryptocurrencies are the hottest investment opportunities currently available. In fact, there are many stories of people becoming millionaires through their investments in Bitcoin. Bitcoin is considered the most distinguished digital currency to date, and until just last year the value of one Bitcoin was $800. In November 2017, the price of one Bitcoin exceeded $7,000.
While Ethereum, which is probably the second most valuable digital currency, recorded the fastest rise of any digital currency ever. Since May 2016, its value has increased by at least 2,700 percent. When it comes to all cryptocurrencies combined, the market capitalization has increased by more than 10,000 percent since mid-2013.
If you decide to invest in cryptocurrencies, it is clear that Bitcoin is still dominant. However, in 2017, its share of the cryptocurrency market dropped dramatically from 90 percent to only 40 percent. There are many options available today, with some coins focusing on privacy, others being less open and decentralized than Bitcoin and some just copying it.$BTC $ETH $BNB
While Ethereum, which is probably the second most valuable digital currency, recorded the fastest rise of any digital currency ever. Since May 2016, its value has increased by at least 2,700 percent. When it comes to all cryptocurrencies combined, the market capitalization has increased by more than 10,000 percent since mid-2013.
If you decide to invest in cryptocurrencies, it is clear that Bitcoin is still dominant. However, in 2017, its share of the cryptocurrency market dropped dramatically from 90 percent to only 40 percent. There are many options available today, with some coins focusing on privacy, others being less open and decentralized than Bitcoin and some just copying it.$BTC $ETH $BNB
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42 minutes
$BTC
According to forecasting agency PricePrediction, the average value of Bitcoin could reach $387,000 by 2030. According to CoinPriceForecast, the price of Bitcoin will reach $138,496 by the end of 2026. The price of Bitcoin will rise from $186,384 to $273,263 during the years between 2031 - 2035.
$ETH
DigitalCoinPrice said that Ethereum will reach $6,046.85 next year. Cryptocurrency data company CoinCodex has developed an Ethereum Rainbow Chart, which shows expectations that the price of Ethereum will reach $28,700 by the end of 2025.
$PEPE
After evaluating several technical indicators, Pepe coin seems to have a moderate outlook in 2024. Always consider both fundamental and technical analysis before investing in any cryptocurrency. Price activity, institutional adoption, and on-chain activity can provide further insights into the potential value of the project.
#Write&Earn
Show more
$BTC
According to forecasting agency PricePrediction, the average value of Bitcoin could reach $387,000 by 2030. According to CoinPriceForecast, the price of Bitcoin will reach $138,496 by the end of 2026. The price of Bitcoin will rise from $186,384 to $273,263 during the years between 2031 - 2035.
$ETH
DigitalCoinPrice said that Ethereum will reach $6,046.85 next year. Cryptocurrency data company CoinCodex has developed an Ethereum Rainbow Chart, which shows expectations that the price of Ethereum will reach $28,700 by the end of 2025.
$PEPE
After evaluating several technical indicators, Pepe coin seems to have a moderate outlook in 2024. Always consider both fundamental and technical analysis before investing in any cryptocurrency. Price activity, institutional adoption, and on-chain activity can provide further insights into the potential value of the project.
#Write&Earn
Show more