Binance Square
Inicio
Notificación
Perfil
Artículos populares
Noticias
Historial de marcadores y "me gusta"
Centro de creador
Ajustes
LIVE
LIVE
MarsNext
--・13.3k views
💥💥💥 #shibaInu Loses Vital Support: Critical State of SHIB, #Ethereum✅ (ETH) to Hit $4,000? #Solana⁩ (SOL) Might Show Massive Reversal Soon Shiba Inu Faces Critical Support Levels Amid Bearish Indicators - Shiba Inu (SHIB) is at risk of significant price drops as it tests crucial support levels around $0.00002476. The descending triangle pattern and bearish technical indicators suggest a potential continuation of the downward trend. Despite decreasing trading volume, which typically signals waning selling pressure, substantial buying interest is needed for a recovery. The Relative Strength Index (RSI) near 44 indicates potential for a price bounce, but market sentiment will play a crucial role. Investors should closely monitor the $0.00002310 support level. Ethereum's Stability and Potential Upside - Ethereum's price remains stable near $3,700, indicating a possible rise towards $4,000. This stability could lead to a surge in inflows and a return above the $4,000 mark. However, a break below $3,700 might result in a decline to the $0.00001940 support level (200 EMA). Ethereum's stabilization is supported by the 50-day moving average, suggesting a potential for future gains, but the broader market perspective remains critical. Solana's Potential Reversal - Solana (SOL) shows signs of a potential reversal, finding support around the 26-day exponential moving average (EMA) at $163. The 50-day moving average turning upward indicates the start of a new uptrend, though overcoming the $170 resistance level is essential for confirming a long-term bullish reversal. Volume analysis and the RSI around 50 suggest neutrality, but current support levels offer a promising outlook for future gains. Source - u.today

💥💥💥 #shibaInu Loses Vital Support: Critical State of SHIB, #Ethereum✅ (ETH) to Hit $4,000? #Solana⁩ (SOL) Might Show Massive Reversal Soon

Shiba Inu Faces Critical Support Levels Amid Bearish Indicators

- Shiba Inu (SHIB) is at risk of significant price drops as it tests crucial support levels around $0.00002476. The descending triangle pattern and bearish technical indicators suggest a potential continuation of the downward trend. Despite decreasing trading volume, which typically signals waning selling pressure, substantial buying interest is needed for a recovery. The Relative Strength Index (RSI) near 44 indicates potential for a price bounce, but market sentiment will play a crucial role. Investors should closely monitor the $0.00002310 support level.

Ethereum's Stability and Potential Upside

- Ethereum's price remains stable near $3,700, indicating a possible rise towards $4,000. This stability could lead to a surge in inflows and a return above the $4,000 mark. However, a break below $3,700 might result in a decline to the $0.00001940 support level (200 EMA). Ethereum's stabilization is supported by the 50-day moving average, suggesting a potential for future gains, but the broader market perspective remains critical.

Solana's Potential Reversal

- Solana (SOL) shows signs of a potential reversal, finding support around the 26-day exponential moving average (EMA) at $163. The 50-day moving average turning upward indicates the start of a new uptrend, though overcoming the $170 resistance level is essential for confirming a long-term bullish reversal. Volume analysis and the RSI around 50 suggest neutrality, but current support levels offer a promising outlook for future gains.


Source - u.today

Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.
0
Respuestas 3
Explora las últimas noticias sobre criptos
⚡️ Participa en los últimos debates del mundo cripto
💬 Interactúa con tus creadores favoritos
👍 Disfruta contenido de tu interés
Email/número de teléfono
Creador relevante
LIVE
MarsNext
@MarsNext

Explora más de este creador

👉👉👉 #bitcoin Runes Resurgence? Why Asia’s Institutional Investors Could Fuel Growth In the world of crypto, the Runes protocol's rise and fall have been swift and dramatic. Launched alongside the Bitcoin halving in April, it quickly gained attention but failed to meet expectations, leading many to dismiss it as a failed endeavor. However, amidst waning interest in the West, Runes is finding renewed excitement in East Asia. Institutional investors and centralized building teams see it as a more refined alternative to the earlier #BRC20 standard, offering enhanced security, scalability, and usability. Unlike the chaotic debut of BRC-20 tokens in 2023, Runes was rolled out meticulously by a team led by Casey Rodarmor, the original creator of the Ordinals protocol. This methodical approach has resonated with investors in East Asia, who see Runes as a potential infrastructure cornerstone for the crypto industry. Investment firms like the Hong Kong-based Newman Group are actively supporting Runes' development, citing its technical advantages and potential for efficient cross-chain transactions. Major players in the crypto space, such as Magic Eden and #OKX , have also thrown their weight behind the protocol. Despite its initial setbacks, Runes has shown signs of resurgence, with transaction volume and market capitalization surging in late May. This comeback has fueled optimism among institutional investors in East Asia, who view Runes as a key player in mainstreaming fungible Bitcoin tokens. While the road ahead for Runes is uncertain, its growing support in East Asia suggests that it may yet carve out a significant niche in the crypto ecosystem. As the choice between Runes and BRC-20 becomes clearer, the momentum behind Runes continues to build, signaling a potential second act for the protocol. Source - decrypt.co #CryptoTrends2024 #BinanceSquareBTC
--
#ripple Transfers 3 Billion $XRP Tokens, Raising Market Stability Concerns Ripple’s XRP token has seen substantial activity over the past 24 hours, capturing significant attention from the crypto community. #Blockchain tracker Whale Alert reported that 3 billion XRP tokens, valued at approximately $1.5 billion, were transferred in several transactions. This large-scale movement has sparked concerns about potential price impacts. Ripple Escrow Activities Trigger Market Concerns - Typically, Ripple releases around 1 billion XRP tokens from its escrow wallet at the beginning of each month. However, this month’s unusual asset movements have surprised the community, leading to various speculations about these transactions. - Crypto commentator Marty Party noted that the 3 billion tokens represent 5.45% of XRP’s total circulating supply and were transferred between Ripple-affiliated wallets within 30 minutes. Some community members clarified that these movements were standard fund consolidations related to escrow activities. They highlighted that of the 3 billion tokens, 1 billion worth $520 million was unlocked from Ripple’s escrow address. - Historically, XRP’s price tends to fluctuate in response to Ripple’s escrow releases, often influenced by prevailing market sentiment. Despite a 1% decline in the last 24 hours, XRP’s price remains stable at $0.51, indicating that the recent escrow release has not significantly impacted its performance. - However, some market experts believe the token release could introduce additional selling pressure, hindering XRP’s potential recovery. Reports suggest Ripple may be preparing for its largest monthly XRP dump since 2017, reserving 400 million XRP tokens worth $208 million for a sell-off in June. Source - beincrypto.com #CryptoTrends2024 #BinanceSquareTalks
--
💥💥💥 #Linea #Blockchain halt highlights slow decentralization of #Ethereum L2s The recent hack leading to the halting of block production on Ethereum #Layer2 blockchain Linea emphasizes the urgency for layer-2 firms to prioritize decentralization, says Matter Labs CEO Alex Gluchowski. On June 2, Linea experienced a hack resulting in over $2.6 million in Ether being transferred off the platform through Linea-based decentralized exchange Velocore, Linea announced in a post. While Linea has since resumed block production, the incident underscores the necessity for decentralization on Ethereum layer-2 platforms, as emphasized by Gluchowski. Gluchowski stressed, "Decentralizing the sequencer isn’t optional. Every serious L2 stack must race to do so first." This sentiment was echoed by Linea’s product lead, Declan Fox, who acknowledged that decentralization is imperative for the network. Linea's recent hack prompted criticism, especially in light of its "The Linea Voyage: Surge" campaign aiming to increase total value locked to $3 billion. Currently, just over $1.2 billion is locked on the blockchain, according to L2BEAT. The decision to halt block production was deemed a "last resort" by Linea to prevent further losses. The hacker exploited Linea-based DEX Velocore, transferring 700 Ether worth over $2.6 million off the platform via a third-party bridge. Linea intends to decentralize its network in the future, including its sequencer, to prevent similar incidents. Velocore is collaborating with external networks to reimburse affected victims. Despite the centralized nature of most Ethereum layer-2 solutions, efforts are being made towards decentralization. For instance, Coinbase is currently the sole sequencer of Base, but plans are in place to gradually decentralize the platform over time. Source - cointelegraph.com
--
💥💥💥 #bitcoin post-halving run may reach $130K by September 2025 Peter Brandt Predicts Bitcoin's Potential Surge to $130,000 - Crypto trader Peter Brandt suggests that Bitcoin’s current bull run is mirroring previous post-halving cycles, potentially reaching $130,000 to $150,000 by late next year. - Bitcoin could hit a peak of $130,000 to $150,000 between late August and early September if it follows the trajectory of past post-halving bull markets, according to Brandt. The recent April 20 Bitcoin halving, which reduces mining rewards by 50% approximately every four years, plays a significant role in this prediction. Brandt highlights that halving dates have historically aligned almost perfectly with past bull market cycles. - Brandt's analysis indicates that the previous Bitcoin bull market began about 16 months before the halving on May 11, 2020, and peaked around 18 months later. He notes that similar patterns were observed in the halvings of July 9, 2016, and November 28, 2012. - “If this sequence continues, the next bull market cycle high should occur in late August or early September 2025,” Brandt stated. He cautions, however, that no method of analysis is infallible, but past trends suggest a potential bull market peak in the $130,000 to $150,000 range. Possibility of Bitcoin's Peak Already Reached - Brandt's analysis identifies December 17, 2022, as the start of the current bull market, with #BitcoinTrading around $16,800 at that time. Since then, Bitcoin has gained over 300%, reaching $67,882, according to Cointelegraph Markets Pro. - Despite this significant rise, Bitcoin is down from its March 14 all-time high of $73,679. Brandt believes there is a 25% chance that Bitcoin has already reached its bull market peak, as each cycle's gains appear to be diminishing compared to the previous one. If Bitcoin fails to set a new all-time high and falls below $55,000, Brandt suggests the probability of the #cryptocurrency experiencing an "exponential decay" would increase. Source - cointelegraph.com #CryptoNews🔒📰🚫 #BinanceSquareBTC
--
👉👉👉 Crypto exchanges see $3B #Ethereum exit since #ETF✅ approvals Ether Supply on Exchanges Hits Lowest Level in Years Amidst ETF Approvals - Currently, only 10.6% of the total Ether supply is held on centralized crypto exchanges, marking its lowest level in years. Since the approval of spot Ether exchange-traded funds (#ETFs ) in the United States on May 23, over $3 billion worth of Ether has been withdrawn from these exchanges, indicating a potential upcoming supply squeeze. - Between May 23 and June 2, the Ether held on exchanges decreased by about 797,000 ETH, valued at $3.02 billion, according to CryptoQuant. This decline indicates fewer coins available for immediate sale as investors transfer their holdings to self-custody for reasons other than selling. - Glassnode data, shared by BTC-ECHO analyst Leon Waidmann, confirms that the percentage of circulating Ether supply held on exchanges is at its lowest level in years, at just 10.6%. Ethereum ETFs Paving the Way for New ATH - Last week, Bloomberg ETF analyst Eric Balchunas suggested that Ether ETFs have a “legit possibility” of launching by late June. Some analysts believe that the introduction of spot Ether ETFs could help Ether surpass its November 2021 all-time high (ATH) of $4,870 due to increased demand, similar to the impact of spot Bitcoin ETFs when they launched in January. - Michael Nadeau, a #DEFI Report crypto analyst, noted that Ether might benefit more from demand pressures than #bitcoin due to its lack of "structural sell pressure." Unlike Bitcoin miners, Ethereum validators do not need to sell Ether to cover operational costs. Concerns Over Grayscale’s Ethereum Trust - Concerns about Grayscale's $11 billion Ethereum Trust (ETHE) arise from the potential for significant outflows, similar to the Grayscale Bitcoin Trust's $6.5 billion outflows in its first month, which could impact Ether's price. - As of now, Ether is trading at $3,781, down 0.82% over the past 24 hours and approximately 23% below its all-time high, according to CoinMarketCap. Source - cointelegraph.com
--

Lo más reciente

Galaxy Digital Explores New Lending Opportunities Through Asset Tokenization
--
Ethereum Price Rises Following ETF Approval, Yet to Break Recent High
--
Wisconsin Investment Board's Bitcoin ETFs Investment Seen as Trial Phase
--
New Texas University Incorporates Bitcoin Into Its Endowment
--
Play AI Secures $4.3 Million In Initial Funding To Boost AI And Blockchain In Gaming And VR
--
Ver más
Mapa del sitio
Cookie Preferences
Términos y condiciones de la plataforma
Mapa del sitio
Términos y condiciones de la plataforma
ba-one-trust-cookie