Ethereum

Satoshi

when

Coin

Gains

<p>An early Ethereum (ETH) investor who participated in the project’s Initial Coin Offering (ICO) has awakened after an 8.8-year dormancy period yesterday. <a href="https://twitter.com/lookonchain/status/1786060692283699266" target="_blank" rel="noopener noreferrer nofollow">According to a tweet by Lookonchain</a>, a blockchain analytics platform, the investor transferred 1,960 ETH, worth approximately $5.87 million, out of their wallet.</p>
<p>The investor initially received 1,969.488 ETH during the Ethereum Genesis, when the ICO price was around $0.31 per ETH. This means that the investor’s original investment has grown by 18,870% since the ICO, showcasing the tremendous growth and potential of Ethereum over the years.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="425" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-1024x425.png" alt="" class="wp-image-485695" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-1024x425.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-300x124.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-767x318.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-1536x637.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-2048x849.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-362x150.png 362w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-100x41.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-844x350.png 844w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64-788x326.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-64.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="ethereum-s-price-action-mixed-trends-and-channel-down-pattern">Ethereum’s Price Action: Mixed Trends and Channel Down Pattern</h2>
<p>Despite the impressive long-term growth, Ethereum’s current price action is experiencing mixed trends, according to a technical analysis by altFINS. While the short-term trend is bearish and the medium-term trend is neutral, ETH remains above its 200-day moving average, indicating that the long-term uptrend is still intact.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-1024x573.png" alt="" class="wp-image-485703" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-1536x860.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-2048x1146.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-625x350.png 625w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-65-788x440.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p><em>Source: </em><strong><a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="altFINS" href="https://captainaltcoin.com/go/altfins/" data-shortcode="true"><em>altFINS – Start using it today</em></a></strong></p>
<p>Currently, Ethereum is trading within a Channel Down pattern. Traders who believe that the price will remain within the channel can initiate trades when the price fluctuates between the channel’s trendlines. However, if a breakout occurs, traders can enter a position when the price breaks through either the upper or lower trendline, as this can lead to rapid price movement in the direction of the breakout.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="momentum-and-support-resistance-levels">Momentum and Support/Resistance Levels</h2>
<p>The momentum indicators for Ethereum are mixed. The MACD (Moving Average Convergence Divergence) Line is above the MACD Signal Line, which is a bullish signal. However, the RSI (Relative Strength Index) is below 45, indicating bearish pressure. Additionally, the declining MACD Histogram bars suggest that the momentum is weakening.</p>
<p>In terms of support and resistance levels, the nearest support zone for Ethereum is between $2,960 and $3,040, followed by another support level at $2,700. On the upside, the nearest resistance zone is at $3,600, with further resistance levels at $4,000 and $4,800.</p>
<p>The recent awakening of an Ethereum ICO participant and the subsequent transfer of 1,960 ETH, worth $5.87 million, showcase the potential rewards of early investments in cryptocurrency projects.&nbsp;</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/heres-how-ethereums-ico-participant-made-18870-gains-after-nearly-9-years-eth-price-with-mixed-signals/" rel="noopener noreferrer nofollow">Here’s How Ethereum’s ICO Participant Made 18,870% Gains After Nearly 9 Years; ETH Price With Mixed Signals</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Here’s How Ethereum’s ICO Participant Made 18,870% Gains After Nearly 9 Years; ETH Price With Mixed Signals

Mục lục

CaptainAltcoin

Các bài viết khác được xuất bản trên 3 thg 5, 2024

Spot Bitcoin ETFs Experience Significant Outflows

Market Movers Today: Apple, Amgen, Expedia, Fortinet

Arthur Hayes Reveals Investment Strategy

Finance: France, European leader in attractiveness – But how?

Binance Collaborates With Indian Police In E-Nuggets Crypto Scam

Bahrain and Saudi Arabia Forge Unique Paths in Embracing Financial Technology

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!