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$PENGU There are very few coins that have a market cap in the Billion-Dollar only 2 day (launching)
Ethereum (ETH), which has been lagging behind Bitcoin in 2024, is showing bullish signals. CryptoQuant analysts argued that the ETH price could rise above $5,000 with increasing on-chain activity and institutional demand.
CryptoQuant analysts have claimed that Ethereum’s price could surpass $5,000 if current supply-demand dynamics continue, supported by strong on-chain metrics and investor interest.
Analysts stated that spot Ethereum ETFs, daily transactions, total supply and high network activity will be effective in the rise in ETH.
Spot Ethereum ETFs recorded a 13-day streak of inflows on Wednesday, reaching nearly $2 billion in cumulative net inflows. In addition, the total number of daily transactions has been hovering between 6.5 million and 7.5 million over the past few months. The total supply of ETH also reached its highest level since April 2023.
“If current demand and supply dynamics continue, ETH could rise above $5,000. Based on the realized price of ETH, the current upper limit for the price of ETH is around $5,200.
“This upper bound marked the peak for ETH in the 2021 bull run. However, this upper price band continues to rise as new market participants purchase ETH at higher prices.”
Ethereum continues to trade at $3,950 at the time of writing.
*This is not investment advice.
CryptoQuant analysts have claimed that Ethereum’s price could surpass $5,000 if current supply-demand dynamics continue, supported by strong on-chain metrics and investor interest.
Analysts stated that spot Ethereum ETFs, daily transactions, total supply and high network activity will be effective in the rise in ETH.
Spot Ethereum ETFs recorded a 13-day streak of inflows on Wednesday, reaching nearly $2 billion in cumulative net inflows. In addition, the total number of daily transactions has been hovering between 6.5 million and 7.5 million over the past few months. The total supply of ETH also reached its highest level since April 2023.
“If current demand and supply dynamics continue, ETH could rise above $5,000. Based on the realized price of ETH, the current upper limit for the price of ETH is around $5,200.
“This upper bound marked the peak for ETH in the 2021 bull run. However, this upper price band continues to rise as new market participants purchase ETH at higher prices.”
Ethereum continues to trade at $3,950 at the time of writing.
*This is not investment advice.
What you think ❔
Technical Analysis of DOGS/USDT on Binance 🚀
📉 Current Price: $0.0007628 (+2.12% change)
The DOGS/USDT pair is showing a slight upward movement. Let’s take a closer look at the key levels and targets 🎯 to monitor for potential price movements:
📈 Key Levels to Watch:
1. Target 1: Resistance at $0.0007900 🔝
The 24-hour high of $0.0007900 is a critical resistance level. If the price breaks above this resistance with strong volume, we could see further upward momentum. Watch for a breakout above $0.0007900 for a continuation of the bullish trend.
2. Target 2: Support at $0.0007444 📉
The 24-hour low of $0.0007444 serves as a potential support level. If the price retraces to this level, it may hold and provide a good entry point for those looking for a reversal. A bounce from this area could lead to a return to higher levels.
3. Target 3: Parabolic SAR at $0.0009326 🌟
The Parabolic SAR is currently at $0.0009326, suggesting a potential trend shift if the price reaches this level. If the price fails to break above this level, it could signal a slowdown or reversal in the upward momentum.
📊 Additional Insights:
24h High: $0.0007900
24h Low: $0.0007444
24h Volume (DOGS): 48.93B DOGS
24h Volume (USDT): 37.37M USDT
🚀 Conclusion:
DOGS/USDT is showing some positive price action, and key levels to monitor are the resistance at $0.0007900 and support at $0.0007444. A breakout above resistance could signal further gains, while the support level provides a potential bounce opportunity. Keep an eye on the Parabolic SAR at $0.0009326 for a potential trend change.
💡 Disclaimer: This is not financial advice. Always conduct your own research (DYOR) before making any trading decisions.
Technical Analysis of DOGS/USDT on Binance 🚀
📉 Current Price: $0.0007628 (+2.12% change)
The DOGS/USDT pair is showing a slight upward movement. Let’s take a closer look at the key levels and targets 🎯 to monitor for potential price movements:
📈 Key Levels to Watch:
1. Target 1: Resistance at $0.0007900 🔝
The 24-hour high of $0.0007900 is a critical resistance level. If the price breaks above this resistance with strong volume, we could see further upward momentum. Watch for a breakout above $0.0007900 for a continuation of the bullish trend.
2. Target 2: Support at $0.0007444 📉
The 24-hour low of $0.0007444 serves as a potential support level. If the price retraces to this level, it may hold and provide a good entry point for those looking for a reversal. A bounce from this area could lead to a return to higher levels.
3. Target 3: Parabolic SAR at $0.0009326 🌟
The Parabolic SAR is currently at $0.0009326, suggesting a potential trend shift if the price reaches this level. If the price fails to break above this level, it could signal a slowdown or reversal in the upward momentum.
📊 Additional Insights:
24h High: $0.0007900
24h Low: $0.0007444
24h Volume (DOGS): 48.93B DOGS
24h Volume (USDT): 37.37M USDT
🚀 Conclusion:
DOGS/USDT is showing some positive price action, and key levels to monitor are the resistance at $0.0007900 and support at $0.0007444. A breakout above resistance could signal further gains, while the support level provides a potential bounce opportunity. Keep an eye on the Parabolic SAR at $0.0009326 for a potential trend change.
💡 Disclaimer: This is not financial advice. Always conduct your own research (DYOR) before making any trading decisions.
Participation Rewards:
During the Campaign Period, use the Binance Web3 Wallet to participate in and complete tasks within the TON ecosystem for a chance to share rewards, including NFTs, tokens, points and in-game assets from various projects.
New User Exclusive:
New users who join using an affiliate referral code from projects have a chance to receive a $5 reward. Winners are selected based on their Binance UID matching the last BNB block hash on the campaign's closing date.
During the Campaign Period, use the Binance Web3 Wallet to participate in and complete tasks within the TON ecosystem for a chance to share rewards, including NFTs, tokens, points and in-game assets from various projects.
New User Exclusive:
New users who join using an affiliate referral code from projects have a chance to receive a $5 reward. Winners are selected based on their Binance UID matching the last BNB block hash on the campaign's closing date.
TapSwap a minimum of $5 between USDT and TON, and follow both Binance Web3 and TapSwap on X for a chance to share $50,000 worth of TON.
100 users will each receive $150 worth of TON, while 1,400 users will each receive $25 worth of TON. Winners will be selected based on their Binance UID matching the number obtained from a unique multiplication and addition of the available numbers in the hash of the last TON Block Hash on the campaign's close date.
100 users will each receive $150 worth of TON, while 1,400 users will each receive $25 worth of TON. Winners will be selected based on their Binance UID matching the number obtained from a unique multiplication and addition of the available numbers in the hash of the last TON Block Hash on the campaign's close date.
VOOI
Thrilled to announce that Binance Labs has invested in VOOI and supports VOOI vision to revolutionise perpetual trading. VOOI is a breakthrough. And @BinanceLabs believes in too.
🧵 on VOOI, mission, and the upcoming grand plans 🥚https://t.me/VooiAppBot/vooi?startapp=frenIDml9zZZO
Thrilled to announce that Binance Labs has invested in VOOI and supports VOOI vision to revolutionise perpetual trading. VOOI is a breakthrough. And @BinanceLabs believes in too.
🧵 on VOOI, mission, and the upcoming grand plans 🥚https://t.me/VooiAppBot/vooi?startapp=frenIDml9zZZO
Gradient Network is leading a global revolution, creating an open layer for edge compute on Solana that’s set to redefine how computational power is accessed worldwide. The future of decentralized compute is massive, and now is the perfect time to join this game-changing innovation! 🚀
🌟 Season 0 has just begun, bringing privacy-preserving Sentry Nodes to early participants. Earn rewards through Proof-of-Availability (POA) and Proof-of-Connectivity (POC). Don’t miss out—secure the biggest Airdrop rewards post-TGE before everyone else jumps in! 💥
https://app.gradient.network/signup?code=PYWNM9
🌟 Season 0 has just begun, bringing privacy-preserving Sentry Nodes to early participants. Earn rewards through Proof-of-Availability (POA) and Proof-of-Connectivity (POC). Don’t miss out—secure the biggest Airdrop rewards post-TGE before everyone else jumps in! 💥
https://app.gradient.network/signup?code=PYWNM9
DOGS Meme Coin
Similar to other dog-themed coins like Dogecoin and Shiba Inu, DOGS is a dog-themed meme coin. Developed on The Open Network (TON) blockchain, DOGS draws its identity from Spotty, a character linked to Telegram's founder, Pavel Durov.
Durov created Spotty as a simple dog sticker used in a charity auction to support orphanages. Soon after that, Spotty grew into a popular figure in the crypto space
Similar to other dog-themed coins like Dogecoin and Shiba Inu, DOGS is a dog-themed meme coin. Developed on The Open Network (TON) blockchain, DOGS draws its identity from Spotty, a character linked to Telegram's founder, Pavel Durov.
Durov created Spotty as a simple dog sticker used in a charity auction to support orphanages. Soon after that, Spotty grew into a popular figure in the crypto space
#moonbix Binance Moonbix Exclusive: Play & Trade to Share 145,000,000 DOGS & 15,000,000 NOT Rewards!
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch our first-ever promotion for Moonbix — our Telegram Mini-App
This is a general announcement. Products and services referred to here may not be available in your region.
Fellow Binancians,
Binance is excited to launch our first-ever promotion for Moonbix — our Telegram Mini-App
#AI
Amid increased price volatility in the cryptocurrency market, the Artificial Intelligence (AI) category has regained momentum over the past day. This has resulted in major tokens from this category recording a massive price surge within a short period.
Why ⬇️🔻
#Megadrop Investor uncertainty surrounding U.S. inflation and interest rates also weighs on crypto prices. Today’s crypto market decline is part of a correction that started on July following recent remarks by Federal Reserve chair Jerome Powell that reduced possible rate cuts in 2024.
Powell explained that the U.S. Federal Reserve needed more convincing data that conditions were right to lower interest rates — a key move being watched by crypto investors.
In his speech on the economy and mone
Powell explained that the U.S. Federal Reserve needed more convincing data that conditions were right to lower interest rates — a key move being watched by crypto investors.
In his speech on the economy and mone
BITCOIN PRICE PREDICTION TOMORROW, WEEK AND MONTH
Bitcoin price prediction for July 2024. In the beginning price at 60905 dollars. High price 63220, while low price 45413. The averaged price 54592. Bitcoin price forecast at the end of the month 48831, change for July -19.8%.
Bitcoin price prediction for July 2024. In the beginning price at 60905 dollars. High price 63220, while low price 45413. The averaged price 54592. Bitcoin price forecast at the end of the month 48831, change for July -19.8%.