⚡️ Ethereum Scaling Strategy Shows Promise 📈 Ethereum's | Mr_Tycoon23 on Binance Square

Trending Articles

Bookmarked and Liked

--

Bullish

⚡️ Ethereum Scaling Strategy Shows Promise  
📈 Ethereum's scaling strategy is showing success, with the blockchain's ability to handle increasing loads being tested and proving effective.
$ETH 

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

ETH

3,287.34

+1.85%

552

0

Replies 0

Explore the latest 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

@Square-Creator-931353863

Explore More From Creator

Here's the latest analysis update for FLOKIUSDT: Current Market Sentiment: The market sentiment for FLOKIUSDT is neutral to buy, with some indicators showing a strong sell signal and others indicating a buy signal [1). Key Levels to Watch: - Support: $0.00013972 - Resistance: $0.00017791 Technical Analysis: FLOKIUSDT is signaling a potential bullish continuation from the critical demand zone at $0.00013972. The price has been holding strong momentum above this key level, suggesting that if it can continue to sustain, we could see a significant upward move ¹. Trade Ideas: - Long Position: Enter at current price, targeting $0.00017791 - Short Position: Wait for downward break of $0.00013972 support level Potential Outlook: Some analysts predict FLOKIUSDT will continue to rally, potentially reaching new all-time highs. Others warn of a potential correction due to overbought conditions. Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions. $FLOKI #DogecoinPriceSurge

--

*ETH 16% SURGED AFTER MY CALL:*📌 Current Market Sentiment The current market sentiment for ETHUSDT is neutral to buy, with some indicators showing a strong sell signal and others indicating a buy signal. Key Levels to Watch - Support: $2,420 - Resistance: $2,462 Technical Analysis ETH recently broke above a long-standing downward trendline, indicating a potential shift from bearish to bullish sentiment. The breakout from a consolidation pattern further supports a bullish continuation, suggesting momentum. Trade Ideas - Long Position: Enter at current price, targeting $2,701.53 - Short Position: Wait for downward break of $2,574.43 support level Potential Outlook Some analysts predict ETH will continue to rally, potentially reaching $3,000 ² ³. Others warn of a potential correction due to overbought conditions. Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. Always do your own research and consider multiple sources before making investment decisions. $ETH #AltCoinRush

--

The *Render Token (RNDR)* is trading around $6.03 today, with a notable increase in the past 24 hours, up approximately 10%, and a 36.9% rise over the past week. This momentum aligns with recent interest in AI-related cryptocurrencies, bolstered by Render's focus on decentralized GPU rendering solutions. The technical outlook suggests an uptrend, as RNDR has broken out of recent consolidation zones, supported by increased trading volumes. However, the broader crypto market volatility, driven by macroeconomic trends, could affect RNDR's trajectory. As it competes with other AI-centric tokens, RNDR remains a key player in the sector but faces challenges to keep pace with top competitors in user adoption and whale accumulation Today, Render Token (RNDR) opened at $5.59. It's up by 7.06% from the opening price. After a drop to $5.58 it's trying to move higher. From the maximum price of the last 30, and 7 days it's up by 5.18% and 10.33%, and from the minimum recorded price in the same timeframe, its up by 37.99%. According to our analysis, RNDR needs to stay above $5.45 to potentially move towards the first major resistance level at $6.20. Breaking above $6.20, could see RNDR rise to the next resistance level at $6.72. The third resistance is at $7.17. $RENDER

--

*Is It Possible For Bitcoin To Replace Central Banks?*🏛️v🏛️ Before we dive deeper to know if Bitcoin has any effect on central banks, it is important to understand the role that central banks play in an economy. Central bank policymaking supports the global financial system. For instance, the Federal Reserve in the United States is responsible for controlling inflation and maintaining maximum sustainable employment. The Bank of England ensures the stability and solvency of the financial system in the United Kingdom. These Central banks use a variety of tactics, known as monetary policy, to achieve their mandates. Mainly they manipulate the money supply and interest rates. For example, a central bank might increase or decrease the amount of money circulating in an economy. The biggest advantage is that a central bank builds trust in the system. A central bank-issued currency is backed by a trusted authority and can be exchanged at a universal value. If each party in a monetary transaction issued its own coins, then there would be competition among the currencies, and chaos would follow. Bitcoin on the other hand uses a decentralized system and a decentralized peer-to-peer ledger. It has the potential to become a globally accepted payment method and revolutionize people’s access to finances and financial services. $BTC #BTCNear82k

--

*A November like any other?* At around 16%, Bitcoin’s month-to-date performance in November 2024 is nothing out of the ordinary. Despite notching repeat all-time highs throughout the month, so far, BTC/USD has a long way to go to make this November stand out. for instance, November 2020, Bitcoin’s last halving year, saw gains of 43%. 2017, also a year in which Bitcoin hit an all-time high in the eleventh month of the year, brought 53% November upside, while 2013 dwarfs the rest with giant 450% returns. Bitcoin’s worst November since then was in 2018, when it lost nearly 37%. Thanks to such wide variations, “average” November returns stand at around 43%, leading already bullish traders to forecast more upside before the monthly close. “$BTC next area of interest is $93k before pullback and consolidation and then $121k to complete the wave (5),” one such angle from popular trader Mikybull Crypto, who employed Fibonacci retracement levels, stated on Nov. 11. Longer-timeframe perspectives favor even more intense upside, with market participants flagging the seven-month consolidation phase seen on BTC/USD after its old all-time high in March. “Bitcoin gave everyone a chance to buy breaks from Mar-Oct '24,” veteran trader Peter Brandt argued at the weekend. $BTC #BTCNear82k

--

Latest News

BlackRock's Bitcoin ETF Sees $1 Billion Trading Volume Within 35 Minutes

--

Ethereum(ETH) Surpasses 3,300 USDT with a 3.32% Increase in 24 Hours

--

BNB Surpasses 630 USDT with a Narrowed 1.01% Decrease in 24 Hours

--

Cryptocurrency Market Cap Surpasses $3 Trillion

--

Bhutan's Bitcoin Holdings Surpass $1 Billion Amid Price Surge

--

Trending Articles

🚨 Ripple XRP News: SEC Case Outcome Leaked! CRAZIEST $335.9

Crypto Journey1

Shytoshi Kusama Delivers Epic Message on SHIB’s Future and Ryoshi

350 Million DOGE Exit From Exchanges, Bullish Sign for Dogecoin?

The Federal Reserve finally admitted it?

Solana (SOL) hits $220, and trend is going way higher. The

Cookie Preferences

ba-one-trust-cookie