#$BNB The outlook for Ethereum in 2025 shows promising growth, with predictions setting a target of $4,868. The increase in activities on Layer 2 and the burning of ETH tokens contribute to a decrease in supply, which could push the price of Ethereum beyond significant resistance levels. The anticipated surge of Dogecoin could reach an impressive 6,770%, following its path within an Ascending Parallel Channel. This pattern indicates that the current price consolidation of Dogecoin may lead to a substantial increase.
The outlook for Ethereum in 2025 shows promising growth, with predictions setting a target of $4,868. The increase in activities on Layer 2 and the burning of ETH tokens contribute to a decrease in supply, which could push the price of Ethereum beyond significant resistance levels. The anticipated surge of Dogecoin could reach an impressive 6,770%, following its path within an Ascending Parallel Channel. This pattern indicates that the current price consolidation of Dogecoin may lead to a substantial increase.
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Ethereum’s Massive Breakout Imminent: Is a $6K-$11K Rally on the Horizon?
Ethereum rebounds from $3,200 support and breaks $3,500, signaling bullish momentum.
Bearish RSI divergence suggests a pullback before targeting $4,000 and higher levels.
Cooling funding rates hint at a healthier market and potential rally to $6K-$11K.
Ethereum—ETH, is poised for a major upward move. The price rebounded from $3,200 and broke past $3,500 with strength. This breakout suggests growing momentum, especially with the RSI showing values above 50%. A rally toward $4,000 seems likely in the short term. If the trend continues, Ethereum could target $6,000 to $11,000 in the coming months. The stage is set for a potential game-changing rally, attracting both traders and long-term investors.
https://twitter.com/MikybullCrypto/status/1876139719823958062 Daily and 4-Hour Charts Highlight Key Trends
The daily chart reveals strong buying support at $3,200. Buyers drove the price above $3,500, marking a significant shift in market sentiment. Holding above this level would open the door for further gains toward $4,000. The RSI adds to this bullish outlook, signaling renewed strength and control from buyers.
On the 4-hour chart, the picture becomes more nuanced. The strong move above $3,500 shows clear bullish pressure. However, a bearish divergence between the price highs and RSI suggests caution. This divergence often indicates a possible pullback before continued gains. A retest of $3,500 could occur, creating an opportunity for traders to join the momentum.
Funding Rates Suggest a Healthier Rally Ahead
Ethereum funding rates provide crucial insights into market behavior. Earlier this year, high funding rates near $4,000 created excessive optimism. This led to sharp corrections and weeks of consolidation. Recently, funding rates have declined, showing a more balanced market sentiment.
This cooling phase reduces the risk of sudden liquidations and sharp drops. If spot market demand increases, Ethereum could break resistance levels and climb toward higher targets. The current setup positions Ethereum for a significant move.
Strong support, cooling sentiment, and renewed momentum create the perfect conditions for a rally. Reaching $6,000 to $11,000 now feels less like speculation and more like an achievable goal. Investors may be witnessing the start of a defining moment for Ethereum and the broader altcoin market.
The post Ethereum’s Massive Breakout Imminent: Is a $6K-$11K Rally on the Horizon? appeared first on Crypto News Land.
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Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks: 1. Check in to Binance Square daily.* 2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes: Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.
Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points.
Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)
All eligible users can complete each of the following tasks once every day during the Activity Period.
Tasks: 1. Check in to Binance Square daily.* 2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations).
Notes: Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours.
Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.
Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.
Terms & Conditions This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis. Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.