Ethereum

Galaxy

<p>The Ethereum price has dipped 3% in the past 24 hours to trade for $3,096 as of 06:33 a.m. EST on trading volume that soared 46%.</p>
<p>One bearish fundamental for the Ethereum price is the move by the US Securities and Exchange Commission (SEC) to delay a decision on the Invesco Galaxy Ethereum spot ETF application until July 5.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">JUST IN: SEC DELAYS DECISION ON INVESCO &amp; GALAXY SPOT <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$ETH</a> ETF</p>
 <p>— BSCN Headlines (@BSCNheadlines) <a href="https://twitter.com/BSCNheadlines/status/1787589032555544744?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 6, 2024</a></p>
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<p>The delay is a reminder of remarks by MicroStrategy founder Michael Saylor in a webinar on May 2, when the Bitcoin advocate and major investor said that XRP, ETH, BNB, SOL, and ADA will never be wrapped by a spot ETF accepted by Wall Street or mainstream institutional investors as crypto assets</p>
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 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> – There is No Second Best <a href="https://t.co/PLDgwGwF9J" rel="noopener noreferrer nofollow">pic.twitter.com/PLDgwGwF9J</a></p>
 <p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1786128074138140956?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 2, 2024</a></p>
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<p>The webinar attracted a backlash in the community as some said Saylor only cares about his company’s bottom line.</p>
<h2 id="ethereum-price-prediction">Ethereum Price Prediction</h2>
<p>The Ethereum price is trading with a bearish bias but has a bullish reversal pattern up its sleeve as it consolidates within a falling wedge pattern. This technical formation is characterized by a contracting range in prices coupled with an upward trend in prices.</p>
<p>As long as the $2,900 level continues to hold as a support floor, the bullish reversal pattern remains valid. With the Relative Strength Index (RSI) showing a steady sequence of higher lows, the upside potential is viable. Increased buying pressure could see the Ethereum price make a 26% climb to the target objective of the pattern at $4,083.</p>
<p>Traders looking to take long positions on ETH should probably wait for a candlestick close above $3,406, as this would confirm the breakout.</p>
<p><a href="https://insidebitcoins.com/wp-content/uploads/2024/05/ETHUSDT_2024-05-07_13-30-13.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-517906 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/ETHUSDT_2024-05-07_13-30-13.png" alt="Ethereum price" width="1273" height="542" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/ETHUSDT_2024-05-07_13-30-13.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/05/ETHUSDT_2024-05-07_13-30-13-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/ETHUSDT_2024-05-07_13-30-13-1024x436.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/ETHUSDT_2024-05-07_13-30-13-768x327.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"></a></p>
<p><a href="https://www.tradingview.com/x/Rlq2pyOa/" target="_blank" rel="noopener noreferrer nofollow">TradingView: ETH/USDT 1-day chart</a></p>
<p>On the other hand, with the Awesome Oscillator (AO) still in negative territory, the market could lean toward the bears. If seller momentum increases to plunge ETH below the $2,900 support, it would invalidate the bullish thesis.</p>
<p>With ETH’s bearish bias, some investors might want to consider investing in 5SCAPE, an AR/VR crypto that is closing on $6 million in its ICO. Analysts and Crypto YouTubers such as Michael Wrubel are bullish about this token.</p>
<p><iframe title="5th Scape: Why I Am BULLISH On 5SCAPE" width="640" height="360" src="https://www.youtube.com/embed/Nz_190EY_zA?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<h2 id="promising-alternative-to-ethereum">Promising Alternative To Ethereum</h2>
<p>5SCAPE is the blockchain token for the <a href="https://insidebitcoins.com/visit/5thscape" target="_blank" rel="noopener noreferrer nofollow">5th Scape</a> ecosystem, a gateway to the next big thing of the decade. Cognizant that Virtual Reality (VR) is the future, with institutions of higher learning recognizing this fact, this project looks to unlock the limitless potential of the virtual realm.</p>
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 <p lang="en" dir="ltr">🌟 Unlock new dimensions with 5th Scape! Dive into adrenaline-pumping battles, precision archery, and high-speed racing—all within the limitless virtual realm. Holding 5SCAPE tokens unlocks exclusive benefits like free games, discounts, and seamless in-world transactions. <br>The… <a href="https://t.co/LNO30KXRPW" rel="noopener noreferrer nofollow">pic.twitter.com/LNO30KXRPW</a></p>
 <p>— 5th Scape (@5th_scape) <a href="https://twitter.com/5th_scape/status/1781629047182684545?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 20, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Token holders enjoy a hyper-realistic game world of virtual reality, diving into a diverse array of gaming experiences. The wealth of offerings range from adrenaline-pumping battles to precision archery, high-speed racing, and immersive sports.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🎮 Calling all VR and MMA aficionados! Get ready to be blown away as 5thScape is about to redefine virtual combat with "MMA Cage Conquest" – a game that thrusts you into the heart-pounding world of MMA in VR. 🥊</p>
 <p>🌟 Brace yourselves for the "MMA Cage Conquest" launch on the Meta… <a href="https://t.co/MHbKgKHIxb" rel="noopener noreferrer nofollow">pic.twitter.com/MHbKgKHIxb</a></p>
 <p>— 5th Scape (@5th_scape) <a href="https://twitter.com/5th_scape/status/1786353006411121116?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 3, 2024</a></p>
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<p>The 5th Scape VR ecosystem allows the Web3 sector to step into tomorrow by unleashing the next wave of gaming innovation in the VR sector. This is the industry’s first AR and VR ecosystem designed to connect the smartest minds.</p>
<p>The platform is committed to becoming the architect of alternative realities by creating an integrated system complete with hardware and software. Experts such as Decrypt Crypto say it has the potential to become the next 100X crypto after launch.</p>
<p><iframe title="5thscape ICO, next 100x potential? Brutal Review #5scape #5thscapeico" width="640" height="360" src="https://www.youtube.com/embed/cy1BAkFnWDI?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p>The 5th Scape VR ecosystem also has a developer center. This team works to give builders access to the right resources to bring their worlds to life and unleash a new wave of gaming innovation. You can become an early adopter in this budding ecosystem with the presale still active.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Hey <a href="https://twitter.com/hashtag/5thScape?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#5thScape</a> fam! 🎮 Just dropping by to share some epic news: our dedicated team has been tirelessly leveling up the thrill factor in our latest project!</p>
 <p>🚀 Stay tuned for the most cutting-edge updates and enhancements as we continue to redefine what’s possible in gaming.… <a href="https://t.co/qwrDZH5p4a" rel="noopener noreferrer nofollow">pic.twitter.com/qwrDZH5p4a</a></p>
 <p>— 5th Scape (@5th_scape) <a href="https://twitter.com/5th_scape/status/1785266150965751847?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 30, 2024</a></p>
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<h4>Buy 5SCAPE In The Presale</h4>
<p>So far, funds raised have reached upwards of $5.8 million out of a target objective of $6.250 million.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🚀 5th Scape Presale Stage 5 is Now Live! 🚀</p>
 <p>🔥 Dive into the virtual frontier with 5SCAPE – the gateway to limitless experiences. 🌐</p>
 <p>🎮 Hyper-Realistic VR Gaming<br>🌟 Unlock Premium Content<a href="https://twitter.com/hashtag/Cryptocurency?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cryptocurency</a><a href="https://twitter.com/hashtag/5thScape?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#5thScape</a> <a href="https://t.co/EFIJ4MgIs4" rel="noopener noreferrer nofollow">pic.twitter.com/EFIJ4MgIs4</a></p>
 <p>— 5th Scape (@5th_scape) <a href="https://twitter.com/5th_scape/status/1778762297915404399?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 12, 2024</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>If you are interested to buy 5SCAPE, the ticker for the 5thScape ecosystem, you can do so for $0.00327 per token and get ahead of the 15% increase that is coming soon.</p>
<p><a href="https://insidebitcoins.com/visit/5thscape" rel="noopener noreferrer nofollow">Visit and buy 5SCAPE here</a>.</p>
<p><strong>Also Read:</strong></p>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-5th-scape" rel="noopener noreferrer nofollow">How To Buy 5th Scape – 5SCAPE Token Presale Review</a></li>
 <li><a href="https://insidebitcoins.com/news/5th-scape-unlocks-unmatched-vr-adventures-with-token-presale-why-investors-shouldnt-miss-the-opportunity" rel="noopener noreferrer nofollow">5th Scape Unlocks Unmatched VR Adventures With Token Presale – Why Investors Shouldn’t Miss the Opportunity</a></li>
 <li><a href="https://insidebitcoins.com/news/5th-scape-brings-a-hyper-realistic-world-of-virtual-reality-to-web3" rel="noopener noreferrer nofollow">5th Scape Brings A Hyper-Realistic World of Virtual Reality to Web3</a></li>
 <li><a href="https://insidebitcoins.com/news/if-you-believe-in-the-future-of-ar-vr-5th-scape-5scape-is-the-best-project-to-invest-in" rel="noopener noreferrer nofollow">If You Believe In The Future Of AR/VR, 5th Scape (5SCAPE) Is The Best Project To Invest In</a></li>
 <li><a href="https://insidebitcoins.com/news/the-vr-industry-is-all-set-to-receive-a-massive-boost-thanks-to-5th-scape-5scape" rel="noopener noreferrer nofollow">The VR Industry Is All Set To Receive A Massive Boost Thanks to 5th Scape (5SCAPE)</a></li>
 <li><a href="https://www.linkedin.com/pulse/where-buy-presale-crypto-unlock-exclusive-early-now-calsona-q7xie/" rel="noopener noreferrer nofollow">Where to Buy Presale Crypto: Unlock Exclusive Early Investments Now!</a></li>
</ul>

Ethereum Price Slumps 3% As The SEC Delays Galaxy ETH ETF Decision To July And This AR/VR Crypto Closes On $6 Million

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