Bitcoin

Ethereum

<p><strong>Last night, Ethereum outperformed Bitcoin, with its price surging by 7.38% and forming a strong bullish engulfing candle that pushed it above $3,400.</strong></p><h2 id="header-0"><a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">Claim Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On WWW.CHIKAMOJI.LOL</a></h2><h2 id="header-1"></h2><img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/569427ed9ee243fc91b4aa6e1b3cc672.png" /><p></p><p>Additionally, the SEC has remained silent on the recent S-1 submission, with final versions expected by Wednesday. As the recovery rally gains momentum, Ethereum’s trend appears to be reversing. This raises the question; will Ethereum’s price prediction of reaching $10,000 hold true?</p><h3 id="ethereum-price-rally-and-key-technical-indicators">Ethereum Price Rally and Key Technical Indicators</h3><p>With Ethereum’s market capitalization surpassing $400 billion, the ETH price has made a rounding bottom reversal. As Ether reclaims the $3,000 mark, the rally from $2,880 continues, showing a series of bullish candles.</p><p><img src="https://academy-public.coinmarketcap.com/optimized-uploads/27762f6966eb4181bf23154a82a40e20.png" /></p><p>Ethereum performance. Source: Tradingview</p><p>The price has now surpassed the broken support trendline and is aiming for a target of $3,500, which is a crucial supply level due to its role as the neckline for the rounding bottom pattern.</p><h2 id="header-2"><a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">Claim Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On WWW.CHIKAMOJI.LOL</a></h2><p>After a significant 7.38% increase last night, ETH experienced a minor 1.10% dip today and is currently trading at $3,447. Despite this brief drop, the rally could regain momentum later in the day.</p><p>Technical indicators support the bullish outlook: the RSI has risen above the halfway mark, nearing the overbought zone, reflecting increased demand. Additionally, the MACD’s bullish crossover on the daily chart reinforces the uptrend.</p><h3 id="ethereum-etf-listing-and-bullish-price-predictions">Ethereum ETF Listing and Bullish Price Predictions</h3><p>As the Ethereum ETF listing approaches, the broader market sentiment is growing increasingly optimistic, anticipating a bull run in ETH prices. Given the current bullish indicators, the ETH price is expected to break above the $3,500 level.</p><p>Once ETH surpasses $3,500, trend-based Fibonacci levels suggest the next target prices could be $4,141 and $5,402.</p><h2 id="header-3"><a href="https://chikamoji.lol/" rel="noopener noreferrer nofollow">Claim Instant 100,000 CHIKA Tokens Airdrop Worth Of $100 USD Free On WWW.CHIKAMOJI.LOL</a></h2><p><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</p><p><strong>#ETH </strong> <strong>#EthereumETF </strong> <strong>#ETF </strong> <strong>#Tether </strong> <strong>#Mt.Gox </strong> $BTC  $ETH  $SOL</p>

Ethereum Price Surge and Future Predictions

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Ďalšie články zverejnené 16. 7. 2024

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