bullish

2024

Strong

Daily

<ul class="news-points">
 <li>Ether is expected to reach $12,000-$15,000 price level in the near future.</li>
 <li>Ethereum is the leader in RWA and tokenization initiatives.&nbsp;</li>
 <li>Almost 30% of the supply of Ether is staked as holders are bullish on the token.</li>
</ul>
Ether (ETH), the world’s second-largest cryptocurrency by market capitalization, is set to follow a bullish path, according to CoinSignals, a platform that provides daily crypto-related news and free buy/sell signals on digital assets.&nbsp;
In a <a href="https://t.me/Coin_Signals/15489" target="_blank" rel="noopener noreferrer nofollow">post</a> on its official Telegram channel, CoinSignals highlighted that Ether (ETH) has a much less selling pressure than market leader Bitcoin (BTC), which is facing a sell-pressure of 450 BTC a day. As a result, the platform predicted that the digital asset will trade between $12,000 and $15,000 during this cycle.&nbsp;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#ETH</a> Blow Off Top Target : $12k – $15k <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f680.png" alt="🚀" class="wp-smiley" style="height: 1em; max-height: 1em;"> – Almost 30% of Supply is Staked. – No Daily Selling Pressure like BTC (450 BTC Day) – Deflationary Asset. – All Narratives Born on ETH. – Leader of RWA and Tokenization. Our Recent Avg Buying Price : $2900 <a href="https://t.co/S2HO3lrzR1" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/S2HO3lrzR1</a>— Coin Signals (@CoinSignals_) <a href="https://twitter.com/CoinSignals_/status/1817787958491062393?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 29, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
CoinSignals pointed out that nearly <a href="https://www.stakingrewards.com/assets/proof-of-stake?sort=marketcap&amp;timeframe=30d&amp;order=desc&amp;byChange=false" target="_blank" rel="noopener noreferrer nofollow">30% of Ether’s total supply is staked</a>. Data f…
The post <a href="https://coinedition.com/ethereums-strong-fundamentals-might-push-eths-price-to-12000-15000-range/" rel="noopener noreferrer nofollow">Ethereum’s Strong Fundamentals Might Push ETH’s Price To $12,000-$15,000 Range</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ethereum’s Strong Fundamentals Might Push ETH’s Price To $12,000-$15,000 Range

Coin Edition

Další články publikované 29. 7. 2024

ZKX Unveils ‘Isolated Funds’ to Minimize Losses for Users

Vitalik Buterin Refutes Péter Szilágyi’s Centralization Claims In Ethereum Debate

Dogecoin Creator’s New Dog Inspires Meme Coin Neiro, But Investors Beware of Scams

Yona Network Integrates with Babylon Chain to Bridge Bitcoin and Solana

What’s Happening on Solana? Trading Volume Exceeds Ethereum and BNB Networks Combined – Here is t...

Trump to Fire SEC Chair Gensler and Make Bitcoin a Strategic Reserve Asset for the US

Join our free newsletter for daily crypto updates!