ETH - Up or Down Post Dencun Upgrade?The highly awaited implementation of Ethereum’s Dencun upgrade just happened. It will not only drastically cut the Ethereum blockchain’s transaction costs (gas fees), but also optimize data storage. Read more about the upgrade’s positive implications for users, developers and the Ethereum ecosystem as a whole here.
The price of Ether rose 0.8 percent to $4,058 over the past 24 hours.
The bullish sun continues to shine over large parts of the global crypto market, including Bitcoin and Ether, in the next 24 hours and week. This signals further upside potential, according to ATTMO. Avalanche bucks this positive trend and will face bearish clouds or downside risks in the 24 hours ahead.
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Cryptolevels
BTC 🌞 Upside, Timeframes Prove That the Bullish Run Continues! The crypto rally witnessed since mid-January continues unabated. The price of Bitcoin reached another all-time high at $72,800 on Tuesday, and is now up 70 percent since the beginning of the year.
Parts of this massive rise has been driven by record inflows into digital asset funds such as the nine spot Bitcoin exchange traded funds (ETFs) approved by the Securities and Exchange Commission (SEC) two months ago.
“BTC ETF volumes have been soaring, we’re due for a halving and the broader crypto market is following BTC's lead (as has historically been the case),” the CEO of Ripple Labs, Brad Garlinghouse, said. Ripple is the issuer of the cryptocurrency XRP, which saw its price rise 15 percent to $0.698 over the past 24 hours.
Last week, weekly inflows into digital asset investment products reached a whopping $2.7 billion. This brings the total inflow since the beginning of the year to $10.3 billion, just below the record $10.6 billion inflows for the whole of 2021, CoinShares reports.
A bullish sun will shine over both Bitcoin and Ether in the next 24 hours and week, indicating further upside potential, ATTMO forecasts.
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XRP: Buyers are back at key resistance Today's focus: XRP
Pattern – Resistance Test
Support – .5778
Resistance – .7265, .8200
Hi, traders; thanks for tuning in for today's update. Today, we are looking at XRP daily.
So far today, we are seeing weaker prices after XRP surged back above 70 cents. Buyers once again look to be stalling at key resistance, which has been in place since July 2023. Will broader market momentum contnue to push prices higher and break resistance, or could we see a new test lower while resistance remains in play?
Good trading.
CULT DAO BILLION DOLLAR MARKET CAP PROGRAMMED Billion dollar market cap is programmed.
Sine Lines showing possible top April 2025 matchs with length of Chainlink and Bitcoin cycle tops.
Fib date July-Sept 2024 could be the start final wave up to to April 2024. Billion dollar market cap sits on the high end Fib levels so within the range of what is possible.
Bitcoin (BTC/USD) - Resistance and Support Levels - Weekly chartBitcoin (BTC/USD) price is uptrending and currently testing all-time high price levels, again in March 2024.
Bitcoin price needs to break and hold above $70000 to continue the uptrend this year in 2024.
Weekly Resistance pivot point levels are: $70000, $80693, $90000, $98690, and $116687.
Weekly Support pivot point levels are: $60000, $52511, $40000, $34514, and $24329.
Yellow lines represent Trendlines for either resistance or support.
Orange lines represent price Pivot Points for either resistance or support.
Weekly chart consists of nearly 11 years of Bitcoin price data (March 2013 to March 2024).
BTC to see further upside - ATTMO signals bullish 🌞The cryptocurrency trend was positive over the past 24 hours, though Bitcoin traded unchanged around $65,840, trading 4 percent below its all-time high reached on Tuesday. The price of Bitcoin has risen 54 percent over the past month.
“From a technical perspective, we're close to the end of the pre-halving rally for #Bitcoin. Macroeconomic data is likely going to have an impact this month + the pre-halving rally finishing off. What's next? We'll sweep to $70K and take liquidity as a scenario,” said the founder and CEO of MN Trading, Michaël van de Poppe.
BlackRock held 183,345 Bitcoins on March 5, its fund prospectus shows. The world’s largest asset manager will soon overtake that of MicroStrategy, 193,000 Bitcoins. Yesterday, the latter announced it will issue a bond due 2030, with a coupon of 0.625 percent, to raise $700 million. This is $100 million more than announced earlier this week. The proceeds will be used to buy additional Bitcoin and for general corporate purposes, MicroStrategy said.
A bullish sun shines over the global crypto market in the next 24 hours and week, signaling upside potential for Bitcoin, Ether and most other altcoins covered by ATTMO. Dogecoin and Uniswap buck this positive trend and will face bearish clouds – downside risks both in the short and medium term.
As for Binance Coin, Cardano, Avalanche and Polkadot, they have bearish clouds lingering over them in the next 24 hours but should profit from the sun, bullish trading conditions over a one-week horizon.
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XRP/USDT BULLRUSH BEFORE THE FLUSH???Looking at the XRP/USDT Daily Time Frame, we can get an idea where and WHY price is moving the way it is:
We see that ALL previous buyside has been swept.
This should indicate BULLISH order flow.
Every bullrun hits it's breaking point but where will that be???
We see that there's more Buyside that's yet to be swept and I'm thinking it will sweep them soon in the near future.
But WAIT .... There's More!
Right above the highest high, there is a GORGEOUS Daily SIBI resting right above.
Sadly, it hasn't been tapped yet :(
If it gets tapped, will XRP rise or will that be it's Downfall???
There's only one way to find out ;)
I'm patiently waiting for potential opportunities that allow a solid 2:1 RR trade to be taken.
(DISCLAIMER) THIS IS NOT FINANCIAL ADVICE! THIS IS MY PERSONAL OPINION AND I COULD BE 100% INACCURATE IN MY ANALYSIS. DO YOUR OWN RESEARCH AND ANALYZE YOUR OWN CHARTS. TRADING IS EXTREMELY RISKY SO BE CAUTIOUS AND TRADE AT YOUR OWN RISK!!!
ETHUSD Thoughts and opinions with breakdown Hello my names Kenny I've been trading the crypto markets for over 7 years in this video i will giving my thoughts an opinions on what's happening in the crypto markets and where i think they're heading.
I will start to upload more of these thoughts and opinions videos hopefully to connect with more traders.
if you enjoy these types of video follow me and leave a like, it will go to show people are enjoying them.
Ethusd in my opinion is going to (ATH)All time highs in the next two weeks / four weeks
Black Rock might get their ETH ETF approved and then it will start rocketing to the moon like they say haha..
Thank you for watching..
Kenny