ETH Ethereum Price Target If you haven`t bought the dip on ETH:
Then you need to know that Binance, along with its CEO 'CZ,' has confessed to federal charges and committed to settling fines amounting to $4.3 billion.
The crypto exchange “admits it engaged in anti-money laundering, unlicensed money transmitting and sanctions violations"!
The question arises: from where will these substantial funds be derived?
One possible source is Binance's Proof-Of-Reserves, which reportedly exceeds 100%.
Among the tokens impacted is ETH Ethereum.
I've set a short-term price target for ETH Ethereum at $1950.
Looking forward to read your opinion about it!
Ether
Join the Excitement: Long ETH as It Aims for $2100!Brace yourselves, because ETH is on the verge of a major breakthrough! Analysts and experts are predicting that ETH's next target is an impressive $2100, and the excitement is palpable!
Why am I so thrilled about this? Well, let me tell you why this is an opportunity you don't want to miss. ETH has been making remarkable strides lately, with its value steadily climbing and its market dominance growing stronger. As one of the most influential cryptocurrencies out there, ETH has proven itself time and again as a force to be reckoned with.
Now, as the market sentiment turns increasingly bullish, it's the perfect time to consider going long on ETH. This exciting surge towards $2100 presents a golden opportunity for you to ride the wave and potentially reap substantial profits. Whether you're an experienced trader or just starting out, this is a chance to capitalize on the upward momentum and be part of the ETH success story.
So, how can you take advantage of this thrilling moment? It's simple! By going long on ETH, you can position yourself to benefit from its anticipated rise to $2100. Don't let this opportunity slip through your fingers. Seize the moment and make a move that could potentially transform your financial future.
Here's your call-to-action: Act today and open a long position on ETH. Whether you prefer trading on a reputable exchange or utilizing a reliable trading platform, make sure you have the tools and resources necessary to capitalize on this exciting market movement. Remember, timing is crucial, so don't delay!
Join the growing number of ETH enthusiasts who are eagerly anticipating its ascent to $2100. Let's ride this wave of excitement together and make the most of this incredible opportunity!
If you have any questions or need assistance in getting started, feel free to reach out. I'm here to help you navigate this thrilling journey towards $2100 and beyond.
The beginning of the end for $eth or will it rise?CRYPTOCAP:ETH is at an important juncture visible through this dominance chart. You can see its dominance has broken through to the downside at a weak spot in the ichimoku cloud. It is also currently below the 77 Vwma with a mere 18 hours to go until this candle closes. The significance of this is that there hasn't been a close below it since July of 2020, right before its run to all time highs. So is this going to cause more downward pressure after the close or is it now the time to buy in anticipation of another bull run. Seemingly as alts rise or fall based on CRYPTOCAP:ETH price in the past, I believe the direction of the market, other than bitcoin, will be determined by price action of ether in the coming weeks.
ETH's Phenomenal Bullish Flag and Your Chance to Long ETH!Ethereum (ETH), that unstoppable force of innovation and decentralized potential, has just experienced a jaw-dropping bullish flag after an outstanding breakout. This unprecedented event has set the stage for an extraordinary opportunity, and I couldn't contain my excitement any longer - it's time for you to long ETH!
A bullish flag breakout is like witnessing a majestic creature soar high above the clouds, defying all limits and embracing its full potential. It's an adrenaline-fueled rally that propels ETH to new heights, and guess what? That time is now! With this awe-inspiring bullish flag, ETH's potential knows no bounds; it's soaring skywards, ready to rewrite the history books once again.
But what makes this breakout even more thrilling is the dawn of a new era for Ethereum. With the launch of Ethereum 2.0 just on the horizon, we are witnessing a groundbreaking transformation that will revolutionize the world of decentralized finance and elevate ETH's value exponentially.
Now, fellow traders, it's time to seize this incredible moment. Let your excitement power your actions! Take your stand, and join the long ETH movement without hesitation. This is your opportunity to be part of a revolutionary journey, a journey that could change your financial landscape forever.
So, don't let this extraordinary bullish flag fade away without taking a leap of faith. Remember, legends aren't created by sitting on the sidelines - they are made by seizing the opportunities in front of us. Long ETH today and become part of this awe-inspiring story that's unfolding before our very eyes!
#eth #ethereum short term movements#ethusdt has been moving inside this ascending wedge. If #ethprice again declines from top of this channel (2250 - 2300 usd) , then a dump will likely occur.
The invalidation is: If #ethusd price smashes 2300 - 2500 usd price zone with weekly closing and strong volume.
NOT FINANCIAL ADVICE.
Market Update - November 10 2023
Bitcoin rises above $37k as ETF momentum continues: Bitcoin rose throughout the week before settling around the $37k range by Friday. The price of BTC was largely in consolidation mode early in the week, which shifted to an upward trajectory after reports surfaced that an eight-day window had opened for the SEC to approve spot bitcoin ETF applications. BTC gained about 7% over the last seven days and is now up more than 25% over the past month.
Ether launches past $2,000 and BlackRock begins spot ether ETF process: After lagging behind BTC and surging altcoins, ether (ETH) saw renewed strength this week rallying above $2,000. Further bolstering ETH, BlackRock registered an iShares Ethereum Trust in Delaware, which is an early step in the application process for a spot ether ETF.
Solana continues to rise gaining ~30%, and Ripple signs deals with Georgia and Dubai: Solana (SOL) built on recent gains this week, rallying another ~30% and topping $50 a token by Friday. SOL is now up over 100% over the past three months. XRP also had a positive week benefiting from recently announced Ripple partnerships with Georgia and Dubai. XRP is up ~30% over the past month, and has gained over 50% in the past six months.
Crypto fund inflows surge over past six weeks: CoinShares data showed $767 million of inflows to crypto funds over the past six weeks, recording the most cash injected since 2021’s bull run. The $767 million in inflows surpassed 2022’s total inflows of $736 million.
Bankruptcy judge approves Celsius reorganization plan: Defunct crypto lender Celsius had its reorganization plan approved by a Bankruptcy Judge on Thursday. The plan would establish a new entity, NewCo, backed by seed funding of $450 million. The new entity aims to be publicly listed and would be focused on Bitcoin mining and staking. The plan would also require sign off from the SEC. Repayments to creditors could start as soon as early 2024.
🧙Topic of the Week: Origins of Bitcoin
🫱 Read more here
ETH Breaks Through $2000 with Blackrock's New ETH ETF!
I'm thrilled to share that Ethereum (ETH) has just shattered the $2000 mark, and the excitement doesn't end there. Blackrock, the renowned investment management firm, has recently announced the launch of their brand-new Ethereum Exchange-Traded Fund (ETF). This development is a game-changer for the crypto market and presents an incredible opportunity for all of us.
ETH's breakthrough beyond $2000 is a testament to its growing popularity and widespread adoption. With the backing of Blackrock, a giant in the financial industry, this milestone further solidifies Ethereum's position as a leading digital asset. The launch of their ETH ETF is a clear indication of the increasing institutional interest in cryptocurrencies and the immense potential they hold.
Now, you might be wondering, what does this mean for you as a trader? Well, it's time to seize the moment and consider going long on ETH! The combination of ETH's remarkable price surge and the introduction of Blackrock's ETH ETF opens up a world of possibilities. It's an ideal time to capitalize on this bullish trend and potentially reap substantial profits.
So, why should you consider long positions on ETH? Here are a few compelling reasons:
1. Institutional Confidence: With Blackrock's entry into the Ethereum market, it's evident that major financial players are recognizing the long-term value and potential of ETH. This institutional confidence can act as a catalyst for further price appreciation.
2. Market Momentum: ETH's recent breakthrough is a testament to its growing demand and market momentum. As more investors flock to Ethereum, the upward trend is likely to continue, potentially leading to even greater gains.
3. Diversification: Adding ETH to your portfolio provides diversification, reducing risk and offering exposure to a rapidly expanding asset class. With Blackrock's ETH ETF, you can now access Ethereum's potential without directly holding the underlying asset.
Now is the time to take action and make the most of this exciting opportunity. Consider long positions on ETH, keeping in mind your risk tolerance and investment strategy. As always, it's essential to conduct thorough research and consult with your financial advisor before making any investment decisions.
Remember, the crypto market is known for its volatility, so it's crucial to stay informed and adapt your strategy accordingly. Keep a close eye on market trends, news updates, and any regulatory developments that may impact the crypto space.
Wishing you a prosperous journey as you navigate the exciting world of cryptocurrencies!
Happy trading!
Ethereum ($ETH) Will It Retract To Its Previous Low? Or SurgeThe market scenario for Ethereum closely mirrors that of Bitcoin due to the strong correlation between the two assets. However, a key distinction lies in ETH’s substantially greater potential for growth within the ongoing upward trend, as it has not yet reached its annual high, unlike Bitcoin.
At present, the asset is experiencing sideways trading, fluctuating between the support level at $1,750 and the resistance level at $1,850. For buyers aiming to continue riding the upward trend, the subsequent targets are the $1,875-$1,905 zone and the $1929 mark.
Should a correction occur, ETH may retract to support levels at $1,705, within the $1,630-$1,658 zone, and between $1,590-$1,610. It’s crucial to acknowledge that altcoins tend to suffer more significant losses than Bitcoin during aggressive downturns. Therefore, attempting to “catch falling knives” by placing limit orders to purchase alternative cryptocurrencies is inadvisable. A more prudent approach would be to wait until market conditions have stabilized.
ETHUSD - Trying to Break the Down ChannelThis is the 4Hr chart for ETHUSD
Price is sitting right above the channel down
Sitting above like this could be cause for concern of a downward movement or a potential break in the larger channel.
I suspect a channel break will come soon, this is shown with the curved green line, showing an up movement.
XRPETH falling wedge/bull pennantWe can see that price action is reaching the apex of the white wedge/pennant and that the orange 50ma has now entered the pennant. Looking at where the stoch rsi currently is, odds are good that price can maintain support on the 50ma and that it could help lift or bounce price up out of the pennant and send it heading towards the breakout target. I have only posted the pennant breakout target here, the target for the wedge on its own will be a lower than this one, however I see that the pennant target share bullish confluence with the double bottom target so I feel that increases the odds that the breakout could result in it hitting the full pennant target instead of just the wedge target. Of course until a breakout is confirmed there’s still a chance it could go below the pennant and break downward instead although much less probable…it could also always do the classic fake like it’s breaking down when its really just pullling bad the slingshot before rocketing back upward and out of the pennant. We will likely see soon enough before September seems likely. *not financial advice*
ETH/USD Potential ABC CorrectionPotential ABC Correction ( log chart ).
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Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
📈Ethereum analysis, Weekly insight into price behavior📉BINANCE:ETHUSDT
COINBASE:ETHUSD
Hello dear traders.
Due to the increase in trading volume in the last candles, I'm going to do some weekly Ethereum analysis.
In the next few days, Ethereum is expected to stabilize around the 1.6K - 1.75K.
If the price breaks below the mentioned area, the price will drop to the level of 1.5K (probably price receive support here) and then 1.2K.
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✍🐱👤Otherwise, make sure you leave comments and let me know what you think.🐱👤✍
🤑🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾🤑
CHAINLINK READY FOR TAKEOFF!CHAINLINK READY FOR TAKEOFF!
Link is the leading oracle and has no real competition, this project will make it to near all time highs in the next 6-12 months and will retest perfectly unless there are any blackswan events in our economy.
Global corporations and enterprises are ready to adopt a blockchain standard and will do whatever it takes to get clarity before this next bull run.
Im expecting chainlink to make definite partnerships with top organizations on the globe and have the potential to have its own ETF or be apart of an ETF.
Chainlink is in a group by its self and theres only a couple projects out there that actually provide real world use-case and LINK is one of the best.
This asset is tightly following ETHERs 2017 bear cycle which lasted 790 days from the previous top. This resulted in ETHER having a massive blow off top and with things rhyming so closely, I believe that chainlink is poised to be upward of $200-$500 if we get lucky.
If this doesn't happen in this bull cycle i still expect to see these price levels by 2030-2031
because crypto cannot survive right now without Link and that gives it enough use-case as BTC does or more in this current day in age where Utility is needed and foundation has to be established to meet industry standards.
ETH Ethereum Price Target| Binance vs SEC Lawsuit|Whales DumpingBinance disputes the SEC's allegations of mishandling customer funds, deceiving investors, and violating securities laws.
The legal battle between Binance and the SEC has sent shockwaves through the cryptocurrency community.
Binance and its affiliates assert that the SEC is overreaching its jurisdiction on digital assets, especially without any clear legislative guidance from Congress. The original lawsuit, filed in June, accused Binance of unlawfully listing unregistered securities.
Historically, the actions of whales have been instrumental in shaping the price movements of Bitcoin and the broader cryptocurrency market.
Non-whale addresses, those holding less than 100 BTC, now account for over 41% of the total Bitcoin supply. Meanwhile, whales, entities holding between 100 and 100,000 BTC, have witnessed a decline in their collective holdings to 55.5%, marking their lowest ownership level since May.
The decrease in whale holdings could signal a potential change in the market's dynamics, potentially leading to increased volatility and uncertainty.
These developments collectively cast a shadow over the cryptocurrency market's near-term prospects.
In this context, my price target for ETH Ethereum is $1310.
Looking forward to read your opinion about it!
After perfect retest ready to soar The price action of ETH has followed the analysis almost to perfection, and now it appears poised for an upward movement. I anticipate a brief retest of the 100 SMA at 1'624, which could serve as the optimal entry point. The subsequent targets are 1'640 and 1'650, with the potential for a test of the significant level at 1'680 if momentum persists.
ETH Long term view. ~$1K :ong term ETH analysis. Purely focused on the structure of the cycle that Ether follows containing a triple top formation with a 1st high, weaker HH, lower High and a drop down followed by slow consolidation culminating in double bottom - not precisely - in demand zone, which is around $1000 USD this cycle.
Target for next cycle is pure speculation. Only certainty is that ATH will be beaten.
ETHUSD - Ethereum IdeaAn idea for Ethereum showing a large rounded structure forming above a stronger trend line
A down channel has also formed within this larger structure and I expect a very strong recovery from this channel at $1500 which we are close to.
Rounded structures usually break out bullishly when done.
This is why i believe we are in for a -78% correction ETHUSDHello Crypto friends! SMASH THAT LIKE AND FOLLOW BUTTON then continue to read on!
I hope all of you are having a wonderful day as i am going to share a chart with you that i believe will transpire in front of us within the next month and a half.
Why would i believe LiquidMEX on such a bold call like this?
You would believe a call like this because i have year after year dating all the way back to 2017-2018 calling/predicting massive sell offs and calling/predicting massive up moves with sniper like accuracy on taking profits at the TOP! Check my catalog of charts on my profile to see the proof for yourself and i will also leave a few charts tagged to this one.
Why would ETHUSD drop -82 like your showing on the chart that it will?
Look at the high ETHUSD reached Monday November 8th 2021. At the ATH of ETHUSD we dropped -82% in a span of 224 days the bottom being $879 on June 16th 2022. Now take a look at April 14th 2023 when we reached the micro high at $2,157. Taking a date range tool from the micro high at $2,157 and sending it 224 days from that high brings us to the date of November 26th 2023 which is where i believe we will see the bottom of ETHUSD.
What are the most CRITICAL support levels to watch for?
Glad you asked, i have made this very simple to understand using the horizontal ray tool.
KEY SUPPORTS
1. $1,622
2. $1,368
3. $1,076
4. $879 CRITICAL
5. $368 BOTTOM
THE BEARFLAG
The bear flag is identified as a period of consolidation after the completion of prices initial decline. During this period, prices may slowly channel upward and retrace a portion of the initial move. At this point traders will wait for price to break to lower lows in the direction of the trend.
CONCLUSION
Summarizing everything you have just been told i expect the bottom of not only ETHUSD but also Bitcoin to be reached by or very close to the date of November 26th 2023.