Etheruem
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The chart for $OP suggests a healthy upward trend, with higher lows indicating growing buyer interest and the possibility of a sustained rally. This shows that OP is forming a strong base for a potential breakout.
The $1.82 resistance level is critical. Flipping this local resistance into support would confirm the strength of the current move and pave the way for a significant rally. Breaking through this level could attract more buyers, potentially leading to a sharp move upward.
Next Target: If $1.82 is successfully broken, Optimism could see a bullish run, with the next target possibly around $2.00 or higher, depending on broader market conditions and momentum.
Indicators to Watch:
Volume: A spike in volume accompanying the breakout would confirm strong buying pressure.
RSI: An overbought RSI above 70 could signal short-term caution, but it would also confirm bullish momentum if accompanied by increasing prices.
Overall, a successful breakout above $1.82 could lead to a nice upward run for #Optimism Keeping an eye on how the price interacts with this resistance will be key to confirming the bullish continuation.
#Etheruem #Matic #BinanceLabsInvestsLombard
The $1.82 resistance level is critical. Flipping this local resistance into support would confirm the strength of the current move and pave the way for a significant rally. Breaking through this level could attract more buyers, potentially leading to a sharp move upward.
Next Target: If $1.82 is successfully broken, Optimism could see a bullish run, with the next target possibly around $2.00 or higher, depending on broader market conditions and momentum.
Indicators to Watch:
Volume: A spike in volume accompanying the breakout would confirm strong buying pressure.
RSI: An overbought RSI above 70 could signal short-term caution, but it would also confirm bullish momentum if accompanied by increasing prices.
Overall, a successful breakout above $1.82 could lead to a nice upward run for #Optimism Keeping an eye on how the price interacts with this resistance will be key to confirming the bullish continuation.
#Etheruem #Matic #BinanceLabsInvestsLombard
I Think $ETH Is The Gold Of Crypto Market!!
What Do You Think Of It Guys!?
Comment Your Thoughts About It!
#Etheruem #ETH_Market_Update
What Do You Think Of It Guys!?
Comment Your Thoughts About It!
#Etheruem #ETH_Market_Update
$ENA has shown signs of recovery, with a breakout from a falling wedge pattern that suggests potential bullish momentum. The 20-day Exponential Moving Average (EMA) has now become dynamic support, which is a key bullish indicator. Price climbs above its 20-day EMA, it signals a positive short-term trend, and in this case, it could lead #Ethena toward targets of $0.4 if the momentum holds.
$ENS #Etheruem #BTC60KResistance #Bitcoin
$ENS #Etheruem #BTC60KResistance #Bitcoin
$ETH is showing critical support and resistance levels. The key support level is around $2,400, with a critical threshold at $2,395. The immediate resistance is at $2,490, and if that level is surpassed, a further target could be $2,596. Currently,
#Etheruem is trading above both the 50-day and 100-day SMAs, indicating a bullish outlook if it can maintain its position above these levels.
$BTC #ETH #Blockchain #POS #POW
#Etheruem is trading above both the 50-day and 100-day SMAs, indicating a bullish outlook if it can maintain its position above these levels.
$BTC #ETH #Blockchain #POS #POW
#Bitcoin ETFs! - Approved ✅
#Etheruem ETF - Approved ✅
#SOLANA ETF - Applied ✅
🤔 Which Altcoin ETF will be the next?
#ETF #Write2Earn!
#Etheruem ETF - Approved ✅
#SOLANA ETF - Applied ✅
🤔 Which Altcoin ETF will be the next?
#ETF #Write2Earn!
LIVEAkramKhanCrypto
--
Bearish
$BTC will Dump from Here time for #Shortwin
Short will be Millionaire at end of July. Vibes are clear.
Short will be Millionaire at end of July. Vibes are clear.
Ripple’s CEO recently reflected on when XRP overtook Ethereum in market cap.
Brad Garlinghouse used this history to argue that XRP would eventually secure an ETF.
Zach Rector believes the reference suggests a belief that XRP could once again overtake Ethereum.
In an interview, Ripple CEO Brad Garlinghouse recalled a time when XRP’s market capitalization surpassed Ethereum’s, ranking second only to Bitcoin. He leveraged this historical moment to underscore XRP’s strong standing in the crypto market, implying that XRP would eventually secure an ETF listing, mirroring Ethereum and Bitcoin.
CoinMarketCap data confirms this historical feat. On January 7, 2018, XRP boasted a market cap of $130 billion, eclipsing Ethereum’s $111 billion. At that time, XRP traded at $3.30. However, XRP’s fortunes have since reversed, with its current rank at seventh and a price of $0.52.
Garlinghouse further hinted that XRP’s pre-SEC scrutiny value outweighed Ethereum’s. This implies the SEC’s actions may have disproportionately disadvantaged XRP while benefiting Ethereum.
Community commentator Zach Rector interpreted Garlinghouse’s comments as a sign of belief in XRP’s ability to reclaim dominance over Ethereum. “Would he keep bringing this up if it wasn’t going to happen again?” Rector questioned.
However, pro-XRP lawyer Bill Morgan offered a counterpoint. While acknowledging the debatable impact of the SEC’s “free pass” speech on Ethereum, Morgan argued that XRP achieved a more significant legal victory. He highlighted a US federal court order classifying XRP itself as not a security.
That may be so, but then XRP obtained something superior to the speech of a senior SEC official. It obtained an order of the court that the token itself is not a security. 11 months later and the XRP price is barely above what it was before that judgement even though the whole…
#ETF #Etheruem #Ripple
Brad Garlinghouse used this history to argue that XRP would eventually secure an ETF.
Zach Rector believes the reference suggests a belief that XRP could once again overtake Ethereum.
In an interview, Ripple CEO Brad Garlinghouse recalled a time when XRP’s market capitalization surpassed Ethereum’s, ranking second only to Bitcoin. He leveraged this historical moment to underscore XRP’s strong standing in the crypto market, implying that XRP would eventually secure an ETF listing, mirroring Ethereum and Bitcoin.
CoinMarketCap data confirms this historical feat. On January 7, 2018, XRP boasted a market cap of $130 billion, eclipsing Ethereum’s $111 billion. At that time, XRP traded at $3.30. However, XRP’s fortunes have since reversed, with its current rank at seventh and a price of $0.52.
Garlinghouse further hinted that XRP’s pre-SEC scrutiny value outweighed Ethereum’s. This implies the SEC’s actions may have disproportionately disadvantaged XRP while benefiting Ethereum.
Community commentator Zach Rector interpreted Garlinghouse’s comments as a sign of belief in XRP’s ability to reclaim dominance over Ethereum. “Would he keep bringing this up if it wasn’t going to happen again?” Rector questioned.
However, pro-XRP lawyer Bill Morgan offered a counterpoint. While acknowledging the debatable impact of the SEC’s “free pass” speech on Ethereum, Morgan argued that XRP achieved a more significant legal victory. He highlighted a US federal court order classifying XRP itself as not a security.
That may be so, but then XRP obtained something superior to the speech of a senior SEC official. It obtained an order of the court that the token itself is not a security. 11 months later and the XRP price is barely above what it was before that judgement even though the whole…
#ETF #Etheruem #Ripple
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$btc#BitcoinI can say the direction is up as long as it stays above $62k. But stochrsi entered a correction on the daily. The important support here is the daily ema200 line, which is $59695 instantly. If we close the day below this, it can be a bit dangerous. If something like that happens, it would be useful to switch to cash. As long as it doesn't close the day below that level, there is no need to panic. My guess is that it will go down to that level and move upwards again, and if it closes somewhere like $63k tonight, the rise may continue.#bitcoins#bitcoin☀️ #Etheruem #EthereumETFs $BTC
#Write2earn
Base Network Leads Ethereum L2 Solutions in Transactions
#Base #BaseBlockchain #Etheruem #EthereumLayer2 $ARB $ETH
Base Network's Impressive Growth
Base Network, Coinbase's Layer 2 (L2) scaling protocol, has emerged as the top-performing L2 solution on the Ethereum network, surpassing competitors like Arbitrum. On-chain analyst Leon Waidmann confirmed that Base has become the "most used Ethereum L2."
Surge in Transactions
In the past 30 days, Base's transactions have surged by over 60%. Daily, Base processes up to 3.5 million transactions, compared to Arbitrum's 2 million. This remarkable growth is attributed to various factors, including the ongoing memecoin frenzy, which has driven increased adoption and activity.
Memecoin Impact
The memecoin market has seen significant growth, with a current market capitalization of around $54.7 billion. Some of the top memecoins on Base have experienced price increases, attracting the attention of major hedge funds. For example, Solana-based dogwifhat (WIF) has gained support from trading firms like Robinhood and Binance, trading at $2.12 after a 10.15% increase in the last 24 hours. Similarly, Shiba Inu (SHIB) has shown a slight price rise, reflecting a broader crypto market recovery.
Base vs. Arbitrum
Since April, Base has consistently outperformed Arbitrum in transaction counts. On April 7, Base recorded 45.21 million transactions in 30 days, compared to Arbitrum's 38.58 million and Ethereum's 37.93 million, as reported by L2Beat. Additionally, Base's Total Value Locked (TVL) was $3.89 billion, with a 19.96% increase in transaction volume.
Conclusion
Base Network's rapid growth and dominance in transaction counts highlight its potential as a leading Ethereum L2 solution. The memecoin frenzy and increased burn rates have contributed to this success, positioning Base as a key player in the crypto market.
Base Network Leads Ethereum L2 Solutions in Transactions
#Base #BaseBlockchain #Etheruem #EthereumLayer2 $ARB $ETH
Base Network's Impressive Growth
Base Network, Coinbase's Layer 2 (L2) scaling protocol, has emerged as the top-performing L2 solution on the Ethereum network, surpassing competitors like Arbitrum. On-chain analyst Leon Waidmann confirmed that Base has become the "most used Ethereum L2."
Surge in Transactions
In the past 30 days, Base's transactions have surged by over 60%. Daily, Base processes up to 3.5 million transactions, compared to Arbitrum's 2 million. This remarkable growth is attributed to various factors, including the ongoing memecoin frenzy, which has driven increased adoption and activity.
Memecoin Impact
The memecoin market has seen significant growth, with a current market capitalization of around $54.7 billion. Some of the top memecoins on Base have experienced price increases, attracting the attention of major hedge funds. For example, Solana-based dogwifhat (WIF) has gained support from trading firms like Robinhood and Binance, trading at $2.12 after a 10.15% increase in the last 24 hours. Similarly, Shiba Inu (SHIB) has shown a slight price rise, reflecting a broader crypto market recovery.
Base vs. Arbitrum
Since April, Base has consistently outperformed Arbitrum in transaction counts. On April 7, Base recorded 45.21 million transactions in 30 days, compared to Arbitrum's 38.58 million and Ethereum's 37.93 million, as reported by L2Beat. Additionally, Base's Total Value Locked (TVL) was $3.89 billion, with a 19.96% increase in transaction volume.
Conclusion
Base Network's rapid growth and dominance in transaction counts highlight its potential as a leading Ethereum L2 solution. The memecoin frenzy and increased burn rates have contributed to this success, positioning Base as a key player in the crypto market.
Today's Trading Insights - September 27, 2024
Hey traders! Here’s a quick update on today’s market action. We’ve seen some interesting moves today. Bitcoin started the day strong, holding above key support levels, but as the session went on, we noticed some volatility creeping in. Despite that, it’s still showing resilience.
Altcoins, on the other hand, had a mixed day. Some are surging, with projects in the AI and gaming space leading the charge, while others are struggling to gain momentum. For those of you holding long positions, patience might be key today.
Personally, I’ve been watching the market closely for those perfect entry points. Timing is everything in this game, so stay sharp and always manage your risk. Remember, sometimes sitting on the sidelines is the best trade you can make!
Let me know what you’re trading today and your thoughts on the market! Stay safe and keep pushing for those gains.
Happy trading! 🚀
#Binance #Bitcoin #Etheruem #Altcoins #CryptoTrading #MarketUpdate
Hey traders! Here’s a quick update on today’s market action. We’ve seen some interesting moves today. Bitcoin started the day strong, holding above key support levels, but as the session went on, we noticed some volatility creeping in. Despite that, it’s still showing resilience.
Altcoins, on the other hand, had a mixed day. Some are surging, with projects in the AI and gaming space leading the charge, while others are struggling to gain momentum. For those of you holding long positions, patience might be key today.
Personally, I’ve been watching the market closely for those perfect entry points. Timing is everything in this game, so stay sharp and always manage your risk. Remember, sometimes sitting on the sidelines is the best trade you can make!
Let me know what you’re trading today and your thoughts on the market! Stay safe and keep pushing for those gains.
Happy trading! 🚀
#Binance #Bitcoin #Etheruem #Altcoins #CryptoTrading #MarketUpdate