Binance Square
Start
Avisering
Profil
PopulÀra artiklar
Nyheter
Kreatörcenter
InstÀllningar
LIVE
LIVE
TopCryptoNews
--・15k views
📊 Ethereum’s Price Trends Towards Recovery Ethereum (ETH), the prominent cryptocurrency, exhibited encouraging signs of recovery recently, climbing over 9% and targeting the $2,871 resistance level. This rebound is significant as it positions the price near the 100-day Simple Moving Average (SMA), a key indicator in both the four-hour and daily charts. Investors are closely monitoring these developments, which suggest a potential positive shift in market dynamics. đŸ”ș Indicators Pointing to Positive Movements? The technical analysis of Ethereum’s price movement reveals that despite trading below the critical indicators like the 100-day SMA and the trend line, there’s an upward momentum. The Relative Strength Index (RSI), a tool used to gauge market sentiment and potential price movements, remains above 50, indicating a possible continuation of the recent price increase. Furthermore, the Moving Average Convergence Divergence (MACD) also supports this optimistic outlook, with both the MACD and signal lines trending towards the neutral zone from above the zero line. đŸ”ș Key Resistance and Support Levels Ethereum is currently testing important price thresholds. Resistance levels at $3,250 and $3,355 and a notable support level at $2,819 mark the boundaries of its recent price range. A breakthrough above $3,250 could propel ETH towards the higher resistance at $3,355. Conversely, failure to overcome current resistances could see the cryptocurrency sliding towards the $2,819 support level, with potential for further declines if this floor is breached. đŸ”ș Strategic Insights for Investors If ETH maintains a steady position above the 50 RSI mark, expect a sustained recovery.Monitoring the $2,819 support level is crucial as breaking below it could lead to significant sell-offs.Investors should watch for a stable crossover in the MACD above the zero line as a bullish indicator. As the crypto market remains volatile, Ethereum appears to be carving a path towards recovery, marked by recent gains and positive technical indicators. $ETH #eth‬ #Ethereum

📊 Ethereum’s Price Trends Towards Recovery

Ethereum (ETH), the prominent cryptocurrency, exhibited encouraging signs of recovery recently, climbing over 9% and targeting the $2,871 resistance level. This rebound is significant as it positions the price near the 100-day Simple Moving Average (SMA), a key indicator in both the four-hour and daily charts. Investors are closely monitoring these developments, which suggest a potential positive shift in market dynamics.

đŸ”ș Indicators Pointing to Positive Movements?

The technical analysis of Ethereum’s price movement reveals that despite trading below the critical indicators like the 100-day SMA and the trend line, there’s an upward momentum. The Relative Strength Index (RSI), a tool used to gauge market sentiment and potential price movements, remains above 50, indicating a possible continuation of the recent price increase. Furthermore, the Moving Average Convergence Divergence (MACD) also supports this optimistic outlook, with both the MACD and signal lines trending towards the neutral zone from above the zero line.

đŸ”ș Key Resistance and Support Levels

Ethereum is currently testing important price thresholds. Resistance levels at $3,250 and $3,355 and a notable support level at $2,819 mark the boundaries of its recent price range. A breakthrough above $3,250 could propel ETH towards the higher resistance at $3,355. Conversely, failure to overcome current resistances could see the cryptocurrency sliding towards the $2,819 support level, with potential for further declines if this floor is breached.

đŸ”ș Strategic Insights for Investors

If ETH maintains a steady position above the 50 RSI mark, expect a sustained recovery.Monitoring the $2,819 support level is crucial as breaking below it could lead to significant sell-offs.Investors should watch for a stable crossover in the MACD above the zero line as a bullish indicator.

As the crypto market remains volatile, Ethereum appears to be carving a path towards recovery, marked by recent gains and positive technical indicators.

$ETH #eth‬ #Ethereum

Ansvarsfriskrivning: Inkluderar Äsikter frÄn tredje part. Ingen ekonomisk rÄdgivning. Kan innehÄlla sponsrat innehÄll. Se anvÀndarvillkor.
0
Svar 1
Utforska de senaste kryptonyheterna
âšĄïž Var en del av de senaste diskussionerna inom krypto
💬 Interagera med dina favoritkreatörer
👍 Ta del av innehĂ„ll som intresserar dig
E-post/telefonnummer
Relevant kreatör
LIVE
TopCryptoNews
@TopCryptoNews

Utforska mer frÄn Creator

đŸ”„ Shibarium: Grok’s Insight on TREAT Unveiled by Shiba Inu Insider In a noteworthy development for the Shiba Inu (SHIB) community, a prominent team member, Lucie, has shared Grok's revelations about the highly anticipated TREAT token. The TREAT token has been a subject of speculation and anticipation within the Shiba Inu community for some time. As part of the broader Shiba Inu ecosystem, TREAT is expected to play a crucial role in expanding the utility and functionality of Shiba Inu and its associated projects. Amid the ongoing speculation, recent revelations from Grok, a conversational chatbot developed by Elon Musk's artificial intelligence company xAI, shed light on what the community can expect. According to Grok, the highly anticipated TREAT token has not yet been released, a fact which was highlighted by Lucie. This becomes needed amid widespread speculation and misinformation regarding the token’s launch. 💬 Even @grok knows that $TREAT from the Shibarium ecosystem is NOT RELEASED YET! - 𝐋𝐔𝐂𝐈𝐄 May 17, 2024 Grok's revelation suggests that the Shiba Inu team is taking a meticulous approach to TREAT's release. The focus is on ensuring that the token is fully functional and ready to meet the community's needs. This strategic patience demonstrates the team's commitment to quality and stability over hasty releases. Grok's recent revelation that the TREAT token has not been released serves as a crucial reminder of the importance of verifying information through official channels. As the Shiba Inu community eagerly awaits further updates on TREAT, the recent clarification helps ensure that members are well-informed and protected from potential scams. While the TREAT token has not yet been released, its anticipated launch continues to generate excitement. The Shiba Inu team remains committed to delivering new features and enhancements to its ecosystem, and the introduction of TREAT is expected to play a significant role in this ongoing development. $SHIB #SHIB #Shibainu
--
đŸ’„ Turn $1 Into $100 This Week With 3 Altcoins 🔾 Toncoin (TON) Toncoin (TON), developed by Telegram, is revolutionizing the blockchain space with its advanced layer-1 technology. Known for its scalability and user-friendly features, this blockchain caters to a large user base, offering low transaction fees and fast processing times.  Currently, Toncoin is priced at $6.50, reflecting a 2% drop in the last 24 hours and a similar decline over the week. Now ranked 8th on CoinMarketCap, TON’s market cap has reached $22.52 billion, surpassing Dogecoin and Cardano, securing its place as the 9th-largest cryptocurrency. In the past year, Toncoin has surged by 234%. Despite slight corrections, TON increased by over 4% last month. This notable rise highlights Toncoin’s potential to turn $1 into ÂŁ100 this week, making it a top altcoin to buy. 🔾 BLUR (Blur) BLUR, the native governance token of the Blur NFT marketplace and aggregator platform, has seen a price surge of over 3% in the past week. Known for advanced features like real-time price feeds, portfolio management, and multi-marketplace NFT comparisons, Blur claims faster NFT sweeps and a more intuitive interface than competitors. Blur price is trading at $0.376 at the time of writting. The token shows a 3% increase in the last 24 hours, indicating a bullish trend. Ranked 120 on CoinMarketCap, Blur has a market cap of $607 million, making it one of the best altcoins to buy now. 🔾 Pepe (PEPE) Pepe (PEPE), an Ethereum-based cryptocurrency, has garnered significant attention with a current market cap of $4.17 billion, placing it 25th in market rankings. Trading at $0.0000099211, PEPE has surged 516% over the past year, making it the top meme coin on CoinMarketCap.  In the past week alone, PEPE has seen a notable 17% rise, reinforcing its position as a key player in the altcoin market. The last month has witnessed an impressive 100% increase in PEPE’s price, marking it as a prime altcoin investment.  #TON $BLUR $PEPE #pepe #blur
--
📈 Arbitrum Price Jumps 5% As Whale Heavily Bags ARB, What’s Next? In an unprecedented development, Arbitrum’s (ARB) price has taken a dramatic upward turn today, May 18, sparking a wave of excitement across the broader crypto market. This sudden surge aligns with a substantial amount of ARB being amassed by a single whale in the past 24 hours, as revealed by blockchain data surfacing across the global crypto horizon. Further, coming in the midst of a consolidation period witnessed by ARB, this transaction has ignited a flurry of optimistic market sentiments surrounding the crypto’s future price movements. Let’s delve deeper into the whale data orbiting Arbitrum and its current market statistics. 🔾 Whale Bags Over 4 Mln ARB From Binance According to insights from numerous on-chain analytics platforms, whale 0x695 accumulated 4.17 million ARB, worth $4.3 million, from Binance in the past 24 hours. Further, this whale has been recorded trading ARB since July 2023, experiencing considerable losses. Notably, the whale bought 39 million ARB, worth $49 million, at an average price of $1.25. Thereafter, the address sold 37.5 million ARB at an average price of $1.2, suffering a loss of more than $2M. This has stirred a whirlpool of speculations about the whale’s investment strategies and Arbitrum’s potential to offer gains. Meanwhile, it’s worth noting that the address still holds 5.98 million ARB. In addition, insights shared by ‘The Data Nerd’ spotlighted that some of this whale’s ARB holdings are also staked in AAVE and Compound. 🔾 Arbitrum Price Jumps As of writing, ARB’s price traded at $1.02, up 1.66% over the past day. Besides, it’s worth noting that the token’s 24-hour lows and highs are $1.00 and $1.07, respectively, underscoring nearly 5% gains witnessed recently. This chronicle has garnered noteworthy attention, as Coinglass data spotlighted a market uptrend for Arbitrum at press time. ARB’s OI surged 14.27% to $204.74 million, followed by a derivatives volume upswing of 69.31% to $400.03 million $ARB #ARB #Arbitrum
--
⚠ DOGE Community Reacts to New X Payments Promise to Launch This Year An insider from the X and Dogecoin teams who signs his messages as “DogeDesigner” on the X platform has revealed that the X Payments service is expected to launch later in 2024. The Dogecoin army immediately responded to that tweet along with non-crypto users — both are looking forward to the release of this much-anticipated feature on Elon Musk’s popular “free speech” platform. 💬 Wen $DOGE ? — Crypto Rand May 17, 2024 🔾 Elon Musk does not confirm plans to add DOGE to X so far This is not the first announcement made by @cb_doge this year by far. Each time, the crypto community, with many DOGE-themed accounts among them, has reacted to them with a large wave of enthusiasm as they hope to finally see their beloved meme cryptocurrency to be finally integrated into the platform. Still, the celebratory X owner Elon Musk has not made any statements about the future of DOGE as an official currency of X yet. But that does not discourage the DOGE army anyway. What Musk did confirm several times, making it “super clear,” is that neither X nor any other of his companies plan to create their native cryptocurrencies. That was Musk’s response to multiple scams, offering “X coin” to unaware and enthusiastic investors and rumors about plans for such a cryptocurrency to be built and released in the future. This is likely to do with the current witch-hunt that the U.S. Securities and Exchange Commission is leading against altcoins and various crypto wallets and crypto exchanges that list them for trading. 🔾 DOGE army's hard-to-kill hope In the meanwhile, X Corporation continues to secure licenses that will allow it to process payments in various U.S. states, including, curiously, payments conducted in cryptocurrencies. Therefore, the hopes of the Dogecoin army seem to be based on pure hopes that Elon Musk will eventually confirm his status of DOGE lover and make this OG meme crypto one of the payment options on his social media network. #DOGE
--
⚠ Avalanche (AVAX) Could Hit $40 on Bullish Signs Bullish technicals and positive crypto momentum point to a potential Avalanche (AVAX) rally targeting $40. Here are the key factors that could propel the altcoin higher. Avalanche (AVAX) has remained in the $30-$39 price range for weeks. After rallying above $60 in March, AVAX dipped to the $35 region and has since struggled to break the $40 resistance. However, recent bullish patterns indicate a possible surge to reclaim the $40 level. 🔾 What's Driving Avalanche's Price? The overall crypto market momentum often impacts the prices of altcoins like AVAX. Bitcoin's push above $66,000 recently has helped boost buying pressure on Ethereum and other major altcoins. Ecosystem developments are also aiding AVAX's ascent. Avalanche will assist in managing tokenized U.S. Treasuries on Ethereum, increasing its popularity. Avalanche's new $1 million liquidity mining program called Memecoin Rush aims to attract more meme coin activity. 🔾 AVAX Price Outlook Based on these tailwinds, analysts predict AVAX could rally to the $40 level in the coming days if it can overcome the $39.02 resistance. Market analyst Omar sees AVAX breaking out of a major trendline, potentially triggering a 40% short-term rally. Technically, AVAX is forming a bullish engulfing pattern on the daily chart as buyers return. It has found support at $34.04 and is testing the $37.70 resistance. A breakout could quickly push AVAX to $40. The RSI indicator rising into bullish territory also supports more upside. However, over 28% of the circulating AVAX supply is held by short-term investors who could sell into a rally. A large demand barrier also exists around $38 where over 12 million AVAX were purchased. Overall, while bullish momentum is building, AVAX may face further consolidation if sellers continue limiting major breakouts. A decisive move above $39 is needed to spark the next rally toward $40 and higher. $AVAX #AVAX #Avalanche
--

Senaste nytt

Bitcoin(BTC) Surpasses 67,000 USDT with a 0.30% Increase in 24 Hours
--
Chinese Police Bust Underground Banking Operation Using Tether
--
XRP's Potential Rise Amid Ripple's Ongoing Lawsuit With SEC
--
Solana Meme Coin WIF Assets Worth Over $1 Million Liquidated
--
Weekly Crypto Analysis: Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot
--
Visa mer
Webbplatskarta
Cookie Preferences
Plattformens villkor
Webbplatskarta
Plattformens villkor
ba-one-trust-cookie