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Ethereum Price Momentum Reignites As The Bulls Aim For $4K Ethereum price is attempting a fresh increase above the $3,500 zone. ETH must clear the $3,680 resistance to continue higher in the near term. -Ethereum is gaining pace above the $3,500 support zone. -The price is trading above $3,600 and the 100-hourly Simple Moving Average. -There is a key bullish trend line forming with support at $3,560 on the hourly chart of ETH/USD (data feed via Kraken). -The pair could continue to rise if it settles above the $3,680 resistance zone. #ETH #Ethereum(ETH) #HOTTRENDS #CryptocurrencyAnalysis

Ethereum Price Momentum Reignites As The Bulls Aim For $4K

Ethereum price is attempting a fresh increase above the $3,500 zone. ETH must clear the $3,680 resistance to continue higher in the near term.

-Ethereum is gaining pace above the $3,500 support zone.

-The price is trading above $3,600 and the 100-hourly Simple Moving Average.

-There is a key bullish trend line forming with support at $3,560 on the hourly chart of ETH/USD (data feed via Kraken).

-The pair could continue to rise if it settles above the $3,680 resistance zone.

#ETH #Ethereum(ETH) #HOTTRENDS #CryptocurrencyAnalysis

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Altcoins are rallying, but here’s why BNB is being left behind -BNB’s price only moved up by 1.5% in the last 24 hours.  -Bearish sentiment around the coin was dominant in the market.  -The crypto market has become bullish, allowing several cryptos’ values to surge, but Binance Coin [BNB] investors might be at risk. -A recent analysis mentioned that BNB was among the cryptos that had the least potential to grow, as it has already risen enough over the years. This can be expected from BNB- Our analysis revealed that BNB’s Social Volume remained high throughout the last week. However, sentiment around the coin turned bearish, which was evident from the drop in its Weighted Sentiment. However, the coin’s derivatives metrics looked somewhat bullish. For instance, BNB’s Funding Rate increased, indicating its high demand in the derivatives market. Additionally, after a slight drop, the coin’s Open Interest also moved up, indicating that the chances of a continued price uptrend were high.  #Altcoins👀🚀 #Binance​ #BNB! $BNB #bullrun2024!
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