$ETH is down but I can see that it's Support is at $3358. A | BlockchainBaller on Binance Square

Trending Articles

Bookmarked and Liked

BlockchainBaller

--・8.5k views

$ETH  is down but I can see that it's Support is at $3358. After ETF it will be more bullish  so can hold it for long term
TP1: $3430
TP2: $3457
SL: $3300
Enjoy the trade.
#etherreum #TradingMadeEasy 

0 people tipped the creator.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

0

Replies 2

Explore the lastest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

BlockchainBaller

@cryptonexus_btc

Explore More From Creator

𝐀 𝐦𝐨𝐫𝐞 𝐛𝐢𝐠 𝐝𝐮𝐦𝐩 𝐢𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐰𝐚𝐲 🚨 Mt. Gox Bitcoin Redemption Could Significantly Impact MarketMt. Gox creditors are anticipated to liquidate up to 99% of their $8.2 billion worth of Bitcoin, a move that could exert substantial downward pressure on the cryptocurrency's price. Analyst Jacob King highlights the potential for this massive sell-off to push $BTC back into bear market territory. Bitcoin, which is currently trading at around $55,250, has already experienced a price drop, raising concerns about further declines as the redemption process unfolds.

--

$PEPE Technical Analysis: $PEPE is drop down more and broke all his support level. It's dumping more , Stay Alert for the trade and if possible don't take entry for spot. #CPIAlert #Megadrop

--

$FET 𝙏𝙚𝙘𝙝𝙣𝙞𝙘𝙖𝙡 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨: •Support is at approximately 1.101. •Resistance levels are at 1.363, 1.460, and 1.747. •TP1 is at 1.363. •TP2 is at 1.460. •SL can be placed slightly below the support, around 1.080. •This setup suggests buying at the support level with targets at the specified take profit levels and a stop loss to mitigate risk. #Fetch_ai #VanEck_SOL_ETFS

--

𝐓𝐫𝐚𝐝𝐞 𝐒𝐞𝐭𝐮𝐩 𝐟𝐨𝐫 $ZRO Entry Point: Considering the current market conditions and the emerging pattern, an entry point around the current price level, just above 2.800, is suggested. TP: 3.029 SL: 2.820 #LayerZero #SOFR_Spike

--

$BTC 𝐔𝐩𝐝𝐚𝐭𝐞: 𝐂𝐮𝐫𝐫𝐞𝐧𝐭 𝐏𝐫𝐢𝐜𝐞, 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐫𝐨𝐩, 𝐚𝐧𝐝 𝐅𝐮𝐭𝐮𝐫𝐞 𝐏𝐫𝐞𝐝𝐢𝐜𝐭𝐢𝐨𝐧𝐬 🚨 Hey Crypto Enthusiasts! 🌟 Let's dive into the latest happenings with Bitcoin (BTC). As of now, Bitcoin is trading at $54,340.00 USD. 📉 Why Did Bitcoin Drop from $60K to $54K? 1. Market Sentiment Shift: The Crypto Fear and Greed Index moved from "Greed" to "Neutral," indicating a cooling off in trader enthusiasm. 2. Government Actions: The German government's announcement to liquidate a substantial Bitcoin holding spooked investors. 3. Whale Activity: Large Bitcoin holders, known as "whales," have reduced their trading activity, signaling caution. 4. Regulatory Concerns: Increased scrutiny and potential new regulations, such as the wash sale rule proposed by the Biden administration, have added pressure. 𝙒𝙝𝙖𝙩’𝙨 𝙉𝙚𝙭𝙩 𝙛𝙤𝙧 𝘽𝙞𝙩𝙘𝙤𝙞𝙣? 1. Technical Analysis: Analysts suggest Bitcoin might be setting up for a rise to $83,000 if it completes a major bullish price pattern known as the inverted head-and-shoulders. A move above $72,000 would confirm this breakout. 2. Short-Term Predictions: Some forecasts indicate that Bitcoin's price could increase by 15.26% to reach $69,594 in the next few days. 3. Long-Term Outlook: Predictions for 2024 suggest that Bitcoin could reach $80,000 or even higher, depending on market conditions and broader economic factors.Factors That Could Drive Bitcoin to $80K 1. Increased Adoption: More businesses and institutions adopting Bitcoin. 2. Supply and Demand: Limited supply of 21 million coins and growing demand. 3. Regulatory Clarity: Positive regulatory developments boosting investor confidence. 4. Technological Advancements: Improvements like the Lightning Network enhancing scalability and usability. 5. Macroeconomic Factors: Economic instability or inflation driving investors to seek alternative assets.6. Market Sentiment: Positive news.

--

Latest News

Solana Meme Sector Experiences Broad Rise

--

Significant Rise in Meme Coin Sector Witnessed

--

Ethereum's Layer2 Total Value Locked Plummets To $38.13 Billion

--

Solv Protocol Launches SolvBTC.BBN Across Multiple Networks

--

MerlinChain Joins BugRap Platform, Offers $200,000 For Bug Bounty

--

Cookie Preferences

ba-one-trust-cookie