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Crypto Guru55
5 de mar. de 2024
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🚀 Can Ethereum Hit $3,000 Before the Crypto Summit? Ethereum ( $ETH ) is at a critical juncture, rebounding 14% in 36 hours to $2,284 after briefly dipping below $2,000—its lowest since November 2023. With the March 7 White House Crypto Summit approaching, will ETH surge to $3,000? 🔥 Key Factors Driving ETH’s Price: Support at $1,980: Bulls defended the 200-week EMA, a historically strong level. Whales Accumulate: Addresses holding 1K-10K ETH continue buying, signaling long-term confidence. Crypto Summit Speculation: Trump may announce a US Crypto Reserve & tax-free policy, fueling optimism. Trading Volume Surges: ETH’s $18.6B volume reflects strong pre-event speculation. 📈 Can ETH Hit $3,000? ETH needs to break $2,500 before testing $2,800 and $3,000. The RSI briefly dipped oversold, hinting at a potential rebound. However, the Crypto Summit could trigger a “sell-the-news” event, leading to a sharp correction. ⚠️ Final Thoughts While bullish catalysts exist—ETF inflows, staking demand, and Dencun upgrade—macro risks remain. If $2,000 support fails, ETH could drop to $1,800. The March 7 Summit will be a key moment for Ethereum’s trajectory. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
6 de mar.
🚨 Here’s Why Shiba Inu Will Never Hit $0.01 🚨 Shiba Inu ( $SHIB ) has seen impressive growth, but hitting $0.01 remains unlikely. With increasing competition and declining retail demand, SHIB faces significant challenges. 🔥 SHIB’s Massive 589T Supply For SHIB to reach $0.01, its market cap would need to hit $5.89T—far exceeding Bitcoin, Ethereum, and the entire crypto market. This level of growth is highly improbable without institutional backing. 🔥 Slow SHIB Burn Process Despite periodic burn spikes, SHIB’s burn rate is too slow to significantly reduce supply. Recent data from Shibburn confirms a decline in burn activity, limiting SHIB’s long-term price potential. 🔥 Lack of Retail & Institutional Interest Unlike Dogecoin, SHIB still lacks an ETF listing and strong institutional adoption. Meanwhile, new meme coins are attracting more retail investors, further reducing SHIB’s chances of a major rally. 📉 SHIB Price Analysis SHIB remains under bearish pressure, trading in a falling parallel channel. The RSI below 50 signals weak buying interest, while the ADX rise confirms growing bearish momentum. If SHIB loses $0.0000128, it could drop to $0.000009. 💡 Bottom Line With high supply, weak demand, and slow burn rates, SHIB hitting $0.01 is highly unlikely in the near future. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
6 de mar.
🚀 How Will Bitcoin React to Trump’s Crypto Summit & Nonfarm Payrolls? Bitcoin surged to $92,000 on March 6 as traders anticipate Trump’s Crypto Summit and upcoming US non-farm payrolls (NFP) data. Speculation is growing that Trump may announce zero capital gains tax on US-based crypto. 🔥 Bitcoin Price Gains Ahead of Summit $BTC is holding strong above $91,247, with traders watching for a potential Bitcoin strategic reserve announcement. Commerce Secretary Howard Lutnik hinted at a BTC-only reserve, while Michael Saylor suggested the US may buy 1M BTC over four years. 📊 NFP Data Could Impact BTC Volatility Friday’s NFP report may impact BTC price. Weak jobs data → Fed rate cuts boost BTCStrong jobs data → Fed holds rates, BTC dips 📉 BTC Technical Analysis Bitcoin is trading in a high-demand zone between $92K-$98K. If momentum holds, BTC could break $97,840 and head towards $100K. Failure to hold this range could lead to a retest at $86K. 🔎 RSI at 48 suggests a recovery from oversold conditions, hinting at a trend reversal. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
6 de mar.
🚀 $XRP Price Prediction: Can It Rally to $2.83? XRP is showing signs of a bullish breakout, forming a cup-and-handle pattern on the 4-hour chart. If it breaks above $2.55, XRP could rally 12% to $2.83 in the coming days. However, this level aligns with the 200 EMA, posing strong resistance. 📈 Current Price Action XRP is trading at $2.52, up 1.10% in the past 24 hours. Despite the price holding steady, trading volume has dropped 45%, signaling reduced market activity. 💰 $13M XRP Inflows Create Selling Pressure On-chain data from Coinglass shows $13 million worth of XRP has been moved to exchanges, increasing selling pressure and slowing the rally. 🔥 Major Liquidation Levels $2.40: $57M in long positions, showing strong bullish support. $2.55: $8.5M in short positions, indicating a key resistance level. A successful breakout above $2.55 could push XRP to $2.83, while failure may lead to a retest of lower support. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
6 de mar.
🚀 Top 4 Ethereum Tokens That Could Turn $1K into $1M by March 31 The crypto market is showing signs of recovery, with traders eyeing a potential rally ahead of Trump’s Crypto Summit on March 7. This event could boost key Ethereum-based tokens, including SHIB, ARB, ONDO, and CRO, which are gaining attention for their strong growth potential. 🔥 Shiba Inu ( $SHIB ) SHIB is up 2%, trading at $0.000013, fueled by token burns, Shibarium’s growth, and anticipation around its mention at the White House Crypto Summit. Investors are watching closely for a breakout. ⚡ Arbitrum ( $ARB ) ARB surged after Robinhood’s listing, jumping from $0.38 to $0.42. As a Layer 2 scaling solution, it benefits from Ethereum’s growing adoption. Analysts predict more upside by March 31. 💰 Ondo ( $ONDO) ONDO jumped 11% to $1.14, forming a bullish pattern. BlackRock’s involvement and $1B+ TVL milestone position it as a leading DeFi token ahead of the crypto summit. 📈 Cronos (CRO) CRO surged 12.71% to $0.09, with trading volume doubling. If bullish momentum persists, CRO could target $1, making it a high-potential Ethereum token. 🔎 Final Thoughts While the outlook for Ethereum tokens remains uncertain, traders are optimistic. The upcoming summit could drive new trends and influence market sentiment. ⚠️ Disclaimer: This post is for informational purposes only and does not constitute financial advice or endorsement.
6 de mar.
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