📈 Analysis and Prediction (ETH and BNB):

🚀 ETH/USDT - On November 5th, #ethereum broke a descending resistance line that had been in place for over 200 days. Following the breakthrough, #eth reached a peak at $2,136, just $4 shy of the current annual high of $2,140. Presently, ETH has dipped slightly and is trading around $2,060. According to Elliott Wave Theory on the weekly timeframe, a positive outlook is evident, linked to Ethereum's breakthrough of long-term horizontal resistance at $1,950. Currently in the third wave of a five-wave bullish structure since June 2022, ETH's growth potential is supported by the weekly RSI index, recently surpassing the neutral 50 mark. With a 1:1.61 ratio between the first and third waves, a maximum of $3,250 is projected, approaching the long-term resistance at $3,500, indicating a 65% rally upon reaching this level.

😀 BNB/USDT - Since April, #bnb has been moving under a descending trend resistance line. On October 9th, a decline led to a minimum at $202. Since then, the token's price has significantly risen. On October 15th, BNB broke above the descending resistance line, in place for 182 days, reaching a peak of $258 by November 10th. However, it failed to consolidate above the $260 horizontal area, forming a long upper wick and confirming this level as resistance. Recent discussions in the crypto community centered around the launch of the #binance Web3 Wallet integrated with the Binance app. According to RSI, if BNB breaks above $260, its price could increase by almost 30%, reaching the next resistance level at $315. Despite the positive forecast, an unsuccessful attempt to consolidate may lead to a 7% drop to the nearest support at $230.

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