#ETH an observation in some ⏰ 😁😎Not a financial consulta | Jhon_Killer on Binance Square

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Bullish

#ETH   an observation in some ⏰
😁😎Not a financial consultant🤓😎
#ETH  from November 10, 2023 to today November 23, 2023, the highest reached around 2100 #ETH/USD   and the lowest was around 1900 #ETH/USD  . 
🧐🧐An observation in some ⏰ and ☕🤠
🥳Have a nice day,#Donate⬇️
$ETH 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

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Cripto Market Analysis: December 24 Bitcoin (BTC) Today, #bitcoin is trading at $94,481, with a high of $94,881 and a low of $93,575. #BTC☀ recorded a decline of -1.50%. Bitcoin has not yet reached the low of December 23, at $93,709, nor has it broken the low of three days ago, on December 20. However, indicators show that downward pressure remains strong. A potential increase is possible if Bitcoin manages to break the December 23 high of $96,534. However, without positive sentiment, Bitcoin is expected to continue its decline the following day. Market activity is slowing ahead of the Christmas holiday, resulting in insignificant trading volume for Bitcoin. $BTC Ethereum (ETH) On December 24, Ethereum displayed less significant price movement compared to BTC. As of writing, #ETH🔥🔥🔥🔥🔥🔥 is trading at $3,416, with a high of $3,434 and a low of $3,358. Ethereum recorded an increase of +2.37%. On December 23, ETH broke the high of December 22 and briefly touched the low from the same date. However, despite today’s gains, indicators still show considerable downward pressure. Without positive sentiment, Ethereum is likely to continue its decline tomorrow. $ETH Conclusion Both assets, Bitcoin and #Ethereum , are showing different trends. BTC continues to face strong selling pressure, while ETH has recorded gains, though not enough to break out of its bearish trend. Without positive market sentiment, both assets are likely to continue their downward trends in the coming days, especially as market activity slows during the holiday season.

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The Uses of #cryptocurrency Based on Its Types Cryptocurrency has various uses, depending on the type and purpose of its creation. In this discussion, we will cover one category, namely community-based currencies, and their use cases. 1. Community-Based Currencies Community-based currencies are designed to support a specific community or project. Their use is usually limited to small transactions, rewards, or activities within the community itself. However, I personally am not very interested in this type of currency, mainly because of the lack of strong fundamentals and clear prospects. If you are not part of the community or do not understand the purpose of this currency, it is better to avoid investing your money in it. Examples include Dogecoin and Shiba Inu, often referred to as meme coins. Dogecoin: This currency is famous for its popularity surge in 2021. Fundamentally, Dogecoin has an advantage in its high volatility, which attracts speculative traders. Although it experienced significant declines in 2021-2022, #Dogecoin managed to recover without returning to its initial launch price. This makes it quite appealing for short-term trading, although it is less ideal for long-term investors. $DOGE Shiba Inu: Unlike Dogecoin, #ShibaInuUpdate has weaker fundamentals. This coin is less suitable for long-term investment because its value heavily depends on market hype and speculation. Therefore, investors need to be cautious when considering Shiba Inu as an investment asset. $SHIB Conclusion Community-based currencies may be suitable for those who already understand a specific #Community or want to participate in community-based projects. However, for beginners or long-term investors, this type of currency often carries higher risks compared to other types of cryptocurrencies.

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#Crypto Movement Analysis: December 23😎 Today, the #cryptocurrency! market continues to show mixed trends, with some assets experiencing declines while others attempt to recover. Below is the analysis for XRP and Solana (SOL): XRP $XRP XRP is currently trading at $2.1866, with a daily high of $2.2348 and a low of $2.1309. XRP recorded a decline of -2.34%, indicating further weakness. Today's low has broken through yesterday’s and the previous four days' lowest levels, reflecting strong selling pressure. Indicators suggest weakened upward momentum, making it likely that this downtrend will continue into tomorrow. Solana $SOL Solana is trading at $184.90, with a daily high of $187.67 and a low of $176.52. Although SOL recorded a daily gain of +1.37%, indicators still show weak bearish momentum. Today, SOL broke below the December 22 low but failed to surpass yesterday's high. This pattern suggests the potential for further decline if market sentiment remains negative. Conclusion Both #Xrp🔥🔥 and Solana exhibit signs of weakness as of December 23, XRP Likely to continue its decline due to strong selling pressure. #Solana While showing a minor recovery, it may extend its downtrend if the market does not improve. The overall trend for these assets remains bearish despite brief upward movements.

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Crypto Movement Analysis: December 23 Today, the cryptocurrency market exhibited generally weakening movements, despite slight signs of recovery. Both Bitcoin and Ethereum recorded minor declines but have yet to show significant strengthening. Bitcoin $BTC Bitcoin is currently trading at $96,145, with a daily high of $96,535 and a low of $93,709. Although Bitcoin has rebounded from its daily low, its daily decline still stands at -1.10%. Indicators show that Bitcoin remains in a phase of weakened upward momentum, suggesting the potential for sideways movement or even further decline if no positive catalysts emerge. Ethereum $ETH Ethereum is trading at $3,356, with a daily high of $3,363 and a low of $3,217. Ethereum's decline today is approximately -0.85%, although it has shown a slight increase from its lowest level. Indicators reveal similar weakened upward momentum to #bitcoin . Over the past two days, Ethereum has failed to break below its December 20 low, reflecting persistent selling pressure. Conclusion Bitcoin: Likely to continue its sideways trend or decline if no positive sentiment arises. #Ethereum : Has a chance to rise if it can break short-term resistance, but remains pressured by bearish signals. Both assets show signs of minor recovery but remain in a weakened position within their respective trends.

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Crypto Movement Analysis: December 22 Today, the cryptocurrency market exhibited varied movements, with some assets recording small gains while others remained in a downtrend. Below are the highlights of XRP and TRX price actions: $XRP XRP is currently trading at $2.26, with a daily high of $2.29 and a low of $2.17. XRP saw a modest gain of approximately +0.42% today. However, the previous day’s low (December 21) was breached, indicating that selling pressure remains strong. According to indicators, XRP is likely to continue its downtrend in the coming days. TRX TRX posted a gain of +1.63%, trading at $0.2491. The daily high was $0.2505, and the low was $0.2418. This increase came after breaking through the previous day’s low, signaling potential for a reversal. Indicators suggest TRX is still in a phase of weakened upward momentum, but there is potential for further gains in the coming days. Notably, on December 20, TRX reached last month’s high of $0.2237. If the low from two days ago is breached again, #TRX✅ risks resuming its decline. Conclusion Most #cryptocurrencies saw small gains today, including $XRP and TRX. However, indicators show mixed signals, with some assets still experiencing weakened momentum. XRP appears to face continued selling pressure, while TRX holds a chance for further recovery but remains at risk of reversal.

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