ETH_Market_Update
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Ethereum $ETH to India Rupee today
1 $ETH = âč2,27,296
#ETH_Market_Update #etherreum #EthereumETFApprovalExpectations
1 $ETH = âč2,27,296
#ETH_Market_Update #etherreum #EthereumETFApprovalExpectations
Convert Ethereum ($ETH ) to Indian Rupee(âčINR)
#ETH_Market_Update #EthereumETFApprovalExpectations #EthereumPower #ETHETFsApproved #Ethereumâ
#ETH_Market_Update #EthereumETFApprovalExpectations #EthereumPower #ETHETFsApproved #Ethereumâ
ETH Analysis â Bullish Move Ahead ?
#ETHđ„đ„đ„đ„ #ETH_Market_Update #bitcoin #Binance
#BinanceEverywhere
ETH is trading in a Descending Broadening Wedge Pattern, currently pulling back from the support zone. If ETH holds above the resistance area , a bullish move is likely to follow.
Current Price : $2663
Target Price : $3755
What to do ?
- Watch for crucial levels on the chart. A sustained move above resistance could signal a profitable entry point for traders.
Conclusion :
ETH is showing potential for a bullish rally, but waiting for confirmation above resistance is key.
Advice :
Keep an eye on the chart levels and trade accordingly for potential gains!
#ETHđ„đ„đ„đ„ #ETH_Market_Update #bitcoin #Binance
#BinanceEverywhere
ETH is trading in a Descending Broadening Wedge Pattern, currently pulling back from the support zone. If ETH holds above the resistance area , a bullish move is likely to follow.
Current Price : $2663
Target Price : $3755
What to do ?
- Watch for crucial levels on the chart. A sustained move above resistance could signal a profitable entry point for traders.
Conclusion :
ETH is showing potential for a bullish rally, but waiting for confirmation above resistance is key.
Advice :
Keep an eye on the chart levels and trade accordingly for potential gains!
#ETH_Market_Update $ETH
Ethereum has broken the bear flag, signaling a potential shift in market sentiment. While predicting the exact trajectory of ETH can be challenging, a decisive break above the 3600 zone, if confirmed as new support, could pave the way for a rally towards the 4050 zone, with the momentum possibly extending to the 4650 mark. The retracement to the Fibonacci 38.2% level further bolsters the case for a bullish continuation, setting the stage for a target of 4880.
Amidst these developments, itâs evident that profit-taking actions are underway, reflecting the marketâs response to recent price movements. Investors and traders are closely monitoring these levels, as a sustained upward movement could attract more interest, potentially leading to a significant appreciation in value.
Ethereum has broken the bear flag, signaling a potential shift in market sentiment. While predicting the exact trajectory of ETH can be challenging, a decisive break above the 3600 zone, if confirmed as new support, could pave the way for a rally towards the 4050 zone, with the momentum possibly extending to the 4650 mark. The retracement to the Fibonacci 38.2% level further bolsters the case for a bullish continuation, setting the stage for a target of 4880.
Amidst these developments, itâs evident that profit-taking actions are underway, reflecting the marketâs response to recent price movements. Investors and traders are closely monitoring these levels, as a sustained upward movement could attract more interest, potentially leading to a significant appreciation in value.
#ETH_Market_Update #Bitcoinâ unbelievable move I wish I still have my capital which I was lost in short
How are we feeling about the Ethereum ETF? $ETH
#buythedip #BlackRock #ETH_Market_Update #PEPEâ #altcoins
#buythedip #BlackRock #ETH_Market_Update #PEPEâ #altcoins
It Will Get Approved
82%
Prepare For Disappointment
18%
11 votes âą Voting closed
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Joining link đïž @cryptobeastak #ETH_Market_Update #Memecoins #altcoins #BinanceLaunchpool #BlackRock
Joining link đïž @cryptobeastak #ETH_Market_Update #Memecoins #altcoins #BinanceLaunchpool #BlackRock
đ„ Explosive News: ETH ETF Sparks Frenzy as Approval Odds Soar! đ„
Get ready for a crypto shake-up! đ„ Renewed hopes of an Ether ETF debut in the U.S. are sending shockwaves through the market. đ
Reports indicate that the SEC is pushing for updates on documents for Ether ETFs, with Bloomberg analysts boosting approval odds to a staggering 75% from a mere 25%. đ
Stay ahead of the curve and capitalize on game-changing opportunities!
Follow me now for real-time updates and insights that could make all the difference.
Don't miss out! >>>
#ETHETFS #ETH_Market_Update #altcoins
Get ready for a crypto shake-up! đ„ Renewed hopes of an Ether ETF debut in the U.S. are sending shockwaves through the market. đ
Reports indicate that the SEC is pushing for updates on documents for Ether ETFs, with Bloomberg analysts boosting approval odds to a staggering 75% from a mere 25%. đ
Stay ahead of the curve and capitalize on game-changing opportunities!
Follow me now for real-time updates and insights that could make all the difference.
Don't miss out! >>>
#ETHETFS #ETH_Market_Update #altcoins
Ethereum Co-Founder Joe Lubin Talks About Ethereum ETFs: "Be Prepared for These Results If Approved!
#ETHETFS #SECäžèŻ #ETH_Market_Update
Joe Lubin, co-founder of Ethereum and CEO of Consensys, made a statement about ETFs in an interview.
After months of anticipation, the Securities and Exchange Commission (SEC) appears ready to approve spot Ethereum exchange-traded funds (ETFs), setting the stage for a significant increase in demand for Ethereum (ETH) that could lead to a supply shortage.
Ethereum Co-Founder Predicts Supply Squeeze With Potential Approval of Ethereum ETFs
Joe Lubin, co-founder of Ethereum and CEO of Consensys, made a statement about ETFs in an interview.
Lubin explained that institutions investing in Bitcoin through recently launched ETFs are likely to diversify their holdings with Ethereum once spot Ethereum ETFs receive approval.
âThere will be a fair amount of natural, pent-up pressure to buy Ethereum through ETFs,â he said. However, this demand may face a more limited supply compared to the Bitcoin ETFs approved earlier this year.
In January, when spot Bitcoin ETFs were approved, authorized participants â the firms responsible for purchasing Bitcoin on behalf of the ETFs â were able to easily purchase idle coins available on exchanges or through over-the-counter transactions.
However, the situation with Ethereum is different. On-chain data shows that more than 27% of the total Ethereum supply is currently staked on the Ethereum network, generating returns for holders and therefore kept out of direct circulation.
Related News The Big Day for the Cryptocurrency Market is Just 4 Days Away: Two Analysts Explain Their Views
âThe bulk of Ethereum is used in the core protocol, DeFi systems, or DAOs,â Lubin said, referring to decentralized autonomous organizations.
This locked supply, combined with Ethereum's market dynamics, could make Ethereum's price more sensitive to expected inflows from ETFs.
Moreover, increased activity on the Ethereum network will trigger the burning of some of the existing Ethereum supply over time, further tightening the current supply. The deflation mechanism introduced by Ethereum's EIP-1559 upgrade contributes to scarcity by systematically reducing the supply of Ethereum in circulation.
The scenario for Ethereum ETFs could parallel or even exceed the supply pressures faced by Bitcoin ETFs.
Lubin emphasized the broader significance of this development, calling it a âprofound turning pointâ for Ethereum and the cryptocurrency industry as a whole.
*This is not an investment recommendation.
Thanks
Joe Lubin, co-founder of Ethereum and CEO of Consensys, made a statement about ETFs in an interview.
After months of anticipation, the Securities and Exchange Commission (SEC) appears ready to approve spot Ethereum exchange-traded funds (ETFs), setting the stage for a significant increase in demand for Ethereum (ETH) that could lead to a supply shortage.
Ethereum Co-Founder Predicts Supply Squeeze With Potential Approval of Ethereum ETFs
Joe Lubin, co-founder of Ethereum and CEO of Consensys, made a statement about ETFs in an interview.
Lubin explained that institutions investing in Bitcoin through recently launched ETFs are likely to diversify their holdings with Ethereum once spot Ethereum ETFs receive approval.
âThere will be a fair amount of natural, pent-up pressure to buy Ethereum through ETFs,â he said. However, this demand may face a more limited supply compared to the Bitcoin ETFs approved earlier this year.
In January, when spot Bitcoin ETFs were approved, authorized participants â the firms responsible for purchasing Bitcoin on behalf of the ETFs â were able to easily purchase idle coins available on exchanges or through over-the-counter transactions.
However, the situation with Ethereum is different. On-chain data shows that more than 27% of the total Ethereum supply is currently staked on the Ethereum network, generating returns for holders and therefore kept out of direct circulation.
Related News The Big Day for the Cryptocurrency Market is Just 4 Days Away: Two Analysts Explain Their Views
âThe bulk of Ethereum is used in the core protocol, DeFi systems, or DAOs,â Lubin said, referring to decentralized autonomous organizations.
This locked supply, combined with Ethereum's market dynamics, could make Ethereum's price more sensitive to expected inflows from ETFs.
Moreover, increased activity on the Ethereum network will trigger the burning of some of the existing Ethereum supply over time, further tightening the current supply. The deflation mechanism introduced by Ethereum's EIP-1559 upgrade contributes to scarcity by systematically reducing the supply of Ethereum in circulation.
The scenario for Ethereum ETFs could parallel or even exceed the supply pressures faced by Bitcoin ETFs.
Lubin emphasized the broader significance of this development, calling it a âprofound turning pointâ for Ethereum and the cryptocurrency industry as a whole.
*This is not an investment recommendation.
Thanks
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Hello everyone,
Before the #ETH #ETHETFsApproved decision, I wrote about where technical analysis could take us, regardless of future news.
No one can read the market 100%. No one can make a profit all the time. I don't think a person is honest just because he does.
However, you can minimize your losses by combining accurate and solid technical analysis with fundamental analysis.
I will continue to make accurate analyzes for both myself and you as much as I can. I would be happy if you support me by following me here and on X.
Best regards
#ETH_Market_Update #Bitcoin #EthereumNews
Before the #ETH #ETHETFsApproved decision, I wrote about where technical analysis could take us, regardless of future news.
No one can read the market 100%. No one can make a profit all the time. I don't think a person is honest just because he does.
However, you can minimize your losses by combining accurate and solid technical analysis with fundamental analysis.
I will continue to make accurate analyzes for both myself and you as much as I can. I would be happy if you support me by following me here and on X.
Best regards
#ETH_Market_Update #Bitcoin #EthereumNews
LIVERacu
--
Hello,
#ETH has started its first formation journey with the break of the falling trend. As long as it does not fall below 2980, its first target seems to be the 3220 bands. Persistence above this point may take us to the 3500 band. On the lower side, our important support is the 2850 band.
It does not contain investment advice.
Best regards
#btc #DOGE #Arbitrum #Bitcoin
#ETH has started its first formation journey with the break of the falling trend. As long as it does not fall below 2980, its first target seems to be the 3220 bands. Persistence above this point may take us to the 3500 band. On the lower side, our important support is the 2850 band.
It does not contain investment advice.
Best regards
#btc #DOGE #Arbitrum #Bitcoin
