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Ethereum (Cryptocurrency)

The One&Only BTCUSD update price fractal V-shape recovery 74 000🔸Hello traders, today let's review 4 hour price chart for BTCUSD . This is no-nonsense update with no MACD, no RSI, no fibonacci, no elliott waves on the price chart. Just pure price action with logical price targets based on recent price history of the BTCUSD. 🔸On the right we got two major recent V-shape recovery price fractals in BTCUSD, the latest was in September 2024, high at 64 300 then low was printed at 54 146 after 17% pullback. Then low to new high at 66 114 completed the V-shape recovery sequence for a 23% gain off the lows. 🔸Other V-shape recovery also started off with the high near 72 994 then 17% pullback and low was printed at 61 919, so this was a 16% pullback off the highs. Then the low to new high at 72 520 completed the V-shape recovery sequence for a 19% gain off the lows. This was in March 2024. 🔸On the left, the current market situation high was set at 72 680 expecting a low at/near 61 969, so this is a 16% pullback off the highs. Then to complete the V-shape recovery price will pump 20/21% off the lows resulting in new high printed at/near 74 600 usd to complete the V-shape recovery sequence. 🔸Recommended strategy bulls: wait for pullback to complete near 62 000 usd and enter BUY/HOLD trade with price target set at/near 74 000 USD. for a total of 20% unleveraged gains with low risk. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
CRYPTO:BTCUSDLong
by ProjectSyndicate
17
$ETH Is This the Perfect Entry Point or a Trap?BINANCE:ETHUSDT.P On the chart we can see that the correction I mentioned earlier is underway. The price is now at the Fibonacci level, which could be the reversal point of this movement. Also, the price may go a little lower to gain more volume at the support level. After that a longing pattern will be formed. And the movement will continue towards the strong resistance level and there will be a final denouement. If the price is able to break the resistance level, we will go to take a take, if not, we will have to move the stop. Entry data: Entry: 2580 SL: 2468 TP: 2952
Long
by DirectorTradinga
1
ETHEREUM is 1.1 TRILLION DOLLARS less valuable than BITCOINor -78% The flippening was a common narrative. ETH as hard money was also a narrative - in reality only when gas is exorbitant. ETH as a world computer was the early narrative. Bitcoin deserves it entry on to the world stage cycle. ETH can become a 1 Trillion dollar + network. Sharding and splintering of the network effects of the mainet clearly is not value creating. Splitting of communities and economic energy was the result. Solana flippening is a good narrative that we are following this cycle. Coins are the product of these smart contract platforms. At the moment the best coin factory is SOL. BTC is scarce. No coins are allowed to be created on it's. The Bitcoin forks had the stink of a founder, a human attached to it's network ... not what capital allocators. They wanted a autonomous network that runs by itself and ossificatoin of the code. A complicated spaghetti bowl of code that the core dev team refuse to tinker with. The results is clear at this point in time.
CRYPTOCAP:ETHLong
by BallaJi
3
For altcoins to follow the rise of BTC, ETH needs to rise Hello, traders. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a nice day today. ------------------------------------- (BTC.D 1M chart) In order for altcoins to show an upward trend, BTC dominance must be in a downward trend. Otherwise, altcoins are likely to fail to follow the movement of BTC and gradually move sideways or show a downward trend. You should not judge the market movement solely based on the rise or fall of BTC dominance. At least you should look at it together with the USDT dominance chart. You can tell to some extent whether the coin market price is rising or falling by looking at whether USDT dominance is falling or rising. To summarize the above, - BTC dominance rises: Funds are concentrated toward BTC - BTC dominance falls: Funds are concentrated toward altcoins - USDT dominance rises: Coin market is likely to show a downward trend - USDT dominance falls: Coin market is likely to show an upward trend -------------------------------------------- (ETHUSDT 1D chart) In any case, ETH is the coin with the largest market cap among non-BTC coins. Therefore, it is likely that BTC dominance will show a downward trend only when ETH starts to rise. - Currently, ETH is stuck in the box range (2273.58-2706.15). The M-Signal indicator on the 1M, 1W chart is showing a convergence as it passes near the 2666.70-2706.15 section. Therefore, if the price rises above the 2666.70-2706.15 section and maintains, ETH is expected to form an upward trend. Therefore, whether it can break through the 2666.70-2706.15 section upward is the key. - If the price maintains above 2706.15, it is expected to rise to around 3265.0-3321.30 and determine the trend again. - Have a good time. Thank you. -------------------------------------------------- - ​​Big picture It is expected that the real uptrend will start after rising above 29K. The section expected to be touched in the next bull market is 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 134018.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are the points where resistance is likely to be encountered in the future. We need to see if we can break through these points. We need to see the movement when we touch this section because I think we can create a new trend in the overshooting section. #BTCUSD 1M If the major uptrend continues until 2025, it is expected to start by creating a pull back pattern after rising to around 57014.33. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
1
BTC/USD : To The Moon ? (READ THE CAPTION)By analyzing the #Bitcoin chart in the weekly timeframe, we can see that after our last analysis, Bitcoin rose over 10%, climbing from $66,500 to $73,600, now within just $100 of its all-time high. Following this move, Bitcoin saw a slight correction down to $72,000, and I still expect the previous high to be broken soon, with Bitcoin reaching higher levels. The next bullish targets are $77,000, $81,700, and $93,800. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
3
BTC buy dips TP 70 000 USD Octoberfest🔸Hello traders, today let's review 3 hour price chart for BTCUSD . Bitcoin trading sideways over last 7 months with extremely low volatility. Having said that, low vol always precedes high vol periods, therefore it makes sense to prepare for the new BTC move in advance. 🔸BTC stop loss clusters located at 71 000 usd / 73 000 usd / 76 000 usd. Expecting bulls to trigger stop sweeps near overhead SL clusters. Therefore expecting more gains in this market in October. October is also a decent months for BTC bulls based on recent data. 🔸Recommended strategy bulls: wait for pullback to complete near 59 000 / 60 000 usd and confirm reversal signal with RSI/price div on 3 hour chart and/or use any other systems/indicators to confirm reversal. BUY low close to 60 000 usd, stops fixed at 57 500 USD, TP1 bulls is 65 000 USD TP2 bulls is 70 000 USD, 15% upside in this trade setup without leverage. break below 57 500 usd invalidates bullish outlook. good luck traders! 🎁Please hit the like button and 🎁Leave a comment to support our team! RISK DISCLAIMER: Trading Futures , Forex, CFDs and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use tight stop loss.
BITSTAMP:BTCUSDLong
by ProjectSyndicate
26
Massive Live UpdateBitcoin Breaks Out 🚀 - Altcoins Ready to Shine? 🌟 Hi everyone! It’s time for a market check-in, starting with Bitcoin’s massive breakout that’s captured all eyes. With my last five ideas centering around Bitcoin, we’ve now hit that sixth attempt I mentioned. And the target? We’re looking at $79,000! 📈 The new supports stand strong at $72,051 and $71,800, critical zones to watch as we aim higher. With Bitcoin dominance nearing a major resistance level, altcoins may finally have their moment. As dominance hovers close to 58%, we could see money shifting to alts—a positive scenario for those watching Ethereum and other key coins! 🌐 ETHEREUM TIME? Ethereum BTC is showing early signs of strength, and I’m targeting a 53% potential rise. While Bitcoin has had its breakout, Ethereum looks set to make waves. Keep your eyes on $2,800 for ETH as we could see an even bigger breakout in the works. Should it hold, we’re talking levels reaching up to $3,649 and beyond. I’ll be posting all these charts independently on TradingView for a closer look. Give a like if you find value, or drop a comment to dive into the discussion! One Love, The FXPROFESSOR 💙
BITSTAMP:ETHUSDLong
by FX_Professor
3
ETH Symmetrical Triangle Breakout Could Ignite Rally to $3,500ETH/USDT is currently attempting to break out of a symmetrical triangle on the daily chart, a pattern that typically represents a period of consolidation before a strong directional move. The price has been coiling between a horizontal resistance zone around $2,750 and a rising support trendline, building tension for a potential breakout. Currently priced at $2,628.72, Ethereum has gained over 6% today, showing signs of upward momentum. If this breakout occurs, it could confirm a continuation of the broader bullish trend, with the next target for Ethereum sitting around $3,500. From a technical perspective, symmetrical triangles are considered neutral patterns, but the current market conditions suggest a bullish breakout is more likely. The increasing volume and positive price action leading up to the resistance level are bullish indicators. If Ethereum clears the $2,750-$2,800 range convincingly, the measured move from the height of the triangle suggests a potential upside target of $3,500. However, failure to break could lead to further consolidation within the pattern, and traders should watch for a decisive move above resistance before entering long positions. Overall, the breakout scenario presents a favorable risk-reward setup for bulls aiming for $3,500 in the short to medium term.
Long
by GreenCryptoTrades
Could Ethereum drop from here?The price has reacted off the pivot and could drop to the 38.2% Fibonacci support. Pivot: 2,651.09 1st Support: 2,557.66 1st Resistance: 2,766.07 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
ICMARKETS:ETHUSDShort
by ICmarkets
1
ETHUSD: 12 weeks of bottom formation finally over. 4900 is next.Ethereum has just turned bullish on 1D but remains neutral on its 1W technical outlook (RSI = 47.413, MACD = -97.490, ADX = 28.674) as the price is on the 12th straight week of consolidation inside the 1W MA50-MA200 range. This sideways trading is being performed at the bottom of the Channel Up that started in June 2022 and has already seen three major bullish waves. Once the 1W MA50, we will have confirmation that the 4th one is starting. When that happens, aim for no lower than the All Time High (TP = 4,900). The 1W RSI has already crossed over its MA. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:ETHUSDLong
by InvestingScope
4
ETH UpdateETH followed my analysis perfectly as planned & we got 10% recovery since last update Now price is getting close to finish this wave of movement and begin the next. But we have to wait and see where and how this movement will start. If and when price finishes the yellow path, then we have to see whether we can get a new pump in the market or the correction will continue? You should not take this analysis a green light for opening short positions because the zones are not very fresh
by qude17
The upcoming period may be a bit painful.First of all, I should state that I expect Bitcoin dominance to rise to the 60%-62% range and Bitcoin usually falls in september. If Bitcoin will fall and at the same time its dominance will rise that's means we may see a strong downtrend in altcoins. Ethereum has completed its Elliot 5 wave pattern from the bottom and and still in the correction waves. And I think a second wave Elliott correction is needed in the longer term uptrend. Afterwards, I think 2025 could be a very good year the market and there might be a chance to sell at good prices in 2026. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you may lose all your money.
by traderisso
1
Satoshi Nakamoto Came to Me in a Dream: A Prophecy for Bitcoin'sIn the deep silence of a night steeped in anticipation, I found myself face-to-face with Satoshi Nakamoto—the visionary architect of Bitcoin, an idea that defied the grip of centralized power. Satoshi was there, not in some distant memory or online forum, but in a dream, carrying a message—a prophecy—one too important to ignore. He looked somber, a silent witness to how the forces of traditional finance were gathering, ready to twist his creation to their own ends. "They no longer seek to destroy Bitcoin," he began with a solemn tone, "their ambition now is control." The Vision and the Paradox Bitcoin was crafted to be the people’s financial escape—a decentralized network immune to the whims of centralized institutions. Yet, as Satoshi spoke, a sobering truth unfolded: those very institutions, the titans of traditional finance who once mocked and dismissed Bitcoin, now see its potential. Their aim isn’t to dismantle it; rather, they seek to subdue it, to mold it into a tool that reinforces their power. This is not the "democratization of finance"; it is the calculated absorption of a rival asset. As we speak, the institutions and elites—those with the deepest pockets and the heaviest influence—are lying in wait, ready to strike once Bitcoin hits attractive lows. The Inevitable Institutional Encroachment The wealthy and powerful are preparing to step in not to dismantle Bitcoin, but to capture it, to turn it into an asset under their command. They understand that if they can drive down the price through coordinated media campaigns, scare tactics, and market maneuvers, they’ll gain a second chance to enter the race—this time, from a position of dominance, just like what's happening now in NYSE:NIO . Satoshi warned that when the price sinks to around 42K–$44K, retail traders must stay calm and avoid panic. This moment will signal the beginning, not the end. @TradingView 's team had given a sign for those who can see. Satoshi’s message was clear. These financial giants are waiting patiently, calculating the precise moment—likely when Bitcoin hovers between FWB:42K –$44K. At this level, they will begin a quiet accumulation, a meticulously orchestrated buy-in. Retail traders must brace themselves, for this threshold isn’t the market’s surrender—it’s the institutional entry point. The perceived weakness will be a façade, an illusion crafted to shake out those who are unprepared. When this moment comes, remember: the journey is only beginning. The Elites’ Mastery of the "Long Game" Banks and corporate titans like NYSE:BLK , NYSE:JPM , and their ilk understand the power of accumulation. They have perfected this strategy over centuries, buying assets slowly, covertly, until they hold the lion's share. Satoshi’s tone shifted, reflecting both irony and lament. “The very forces Bitcoin was designed to challenge have found a way to infiltrate its ranks.” These players are not here for the quick flip; they are here for dominion. Once their holdings are substantial enough, we will witness a price surge that defies belief. But here lies the trap. As the price soars, the majority will celebrate a supposed victory for decentralization, blissfully unaware that the power structure has quietly shifted. Bitcoin’s freedom, once a beacon for the disenfranchised, will become yet another asset under the surveillance of those who craft the rules. This moment will signal the beginning, not the end. The False Dawn: Retail’s Fleeting Moment Satoshi looked pained as he warned of the fleeting triumph that retail traders might feel. The price rallies will be extraordinary, euphoric even, but temporary. This is the "sugar high" phase—a dazzling price ascent, "too good to be true." However, this euphoria is not for retail’s ultimate benefit; it’s merely an invitation to participate in what will become an elite-dominated asset class. The dream of a decentralized currency will wane, replaced by an era of institutional manipulations, as retail is once again sidelined. As Satoshi’s voice grew firmer, he revealed the hidden intent: "Once they’ve amassed enough control, they’ll raise the price beyond the reach of ordinary investors. It will become an asset class dominated by the elite, with most people relegated to the sidelines, holding onto memories of a decentralized vision that’s slipped out of their grasp." These assets will be marketed as “stable” and “trustworthy,” each subtly backed by Bitcoin yet centrally controlled. In this way, the very ethos of Bitcoin—freedom from centralized power—will be hollowed out, leaving only a veneer of decentralization. The Irony of Adoption CME:BTC1! is meant to erode the power of banks, might ironically solidify their hold over the digital financial future. While retail investors will indeed enjoy a price rally once the institutional whales have filled their coffers, this journey, Satoshi warned, could be short-lived. The massive gains—those tempting, almost surreal profits that are “too good to be true”—will eventually give way to institutional manipulations that edge out the average investor. The ultimate irony: Bitcoin, born to disrupt, might integrate so seamlessly into the system that its original purpose is blurred, absorbed into the very structures it was meant to oppose. Satoshi’s Final Counsel to Traders “The true test,” Satoshi told me, “isn’t just to hold Bitcoin but to understand why you’re holding it. When the banks and institutions try to sway you, remember my vision. Bitcoin was meant to empower the people, not to become another tool for control.” Satoshi’s final words echoed like a haunting directive: “It’s not enough to hold Bitcoin. You must understand why you hold it.” This is the true test—one not just of patience but of conviction. When the media narratives shift, when FUD (fear, uncertainty, doubt) rises, and institutions seek to manipulate sentiment, remember the original vision. Bitcoin was never intended to enrich the elites; it was a symbol of liberation. In this prophecy, the $100K milestone is no longer just a target; it’s a turning point. As the price reaches these stratospheric levels, retail must recognize that they’re witnessing the climax of Bitcoin’s initial journey—a journey that may soon belong to another audience. The Last Stand for Decentralization Satoshi’s words compel us to remain vigilant. To the levels in the chart, often touted as a "danger zone," will mark the final rallying cry for decentralization. The elites will sow fear and manipulate the market, but retail must recognize this as a pivotal moment—a once-in-a-lifetime opportunity to hold strong, to embody the very spirit of Bitcoin. Satoshi’s message was clear: "Hold not just for profit, but for the principles upon which Bitcoin was built. Stay grounded. Stay true." With Satoshi’s words etched into my mind, I’m compelled to share his message. Retail traders must remain grounded, aware of the motivations driving Bitcoin’s fluctuations. The narrative that Bitcoin will “collapse” just as it nears $45K? This is a trap. The news stories designed to induce panic? They’re orchestrated by those who know the value and want a piece of it, under their terms. The road to $100K, while paved with profit, may lead to a future where banks and elites ultimately hold the reins. This is the paradox of Bitcoin’s rise. And while profits may be immense, the retail community must remember what Satoshi set out to achieve. As long as there are those who resist, Bitcoin’s original vision lives on. #LonelyApollo
CME:BTC1!Short
by LonelyApollo
3
Solana vs. Ethereum: The Battle for Blockchain SupremacyThe cryptocurrency market is dynamic, constantly evolving with new technologies and innovative projects. Solana (SOL) and Ethereum (ETH) are two of the most prominent players in this space. Both platforms have made significant strides in recent years, attracting developers and investors alike. However, as the cryptocurrency market continues to mature, the question arises: Will Solana be able to challenge Ethereum's dominance, or will ETH maintain its position as the leading blockchain platform? Solana's Rise to Prominence Solana, a high-performance blockchain platform, has gained significant traction due to its ability to process many transactions per second at a low cost. This scalability advantage has made it attractive to developers seeking to build decentralized applications (dApps) that require fast and efficient transaction processing. Solana's unique Proof-of-History (PoH) consensus mechanism, combined with its parallel processing capabilities, enables it to achieve impressive transaction speeds. One of the key factors driving Solana's popularity is its vibrant ecosystem. A growing number of dApps, including decentralized exchanges (DEXs), non-fungible token (NFT) marketplaces, and DeFi protocols, are being built on the Solana platform. This expanding ecosystem has led to increased demand for the SOL token, which is used to pay transaction fees and secure the network. Ethereum's Enduring Dominance Despite the emergence of strong competitors like Solana, Ethereum remains the undisputed leader in the blockchain space. Its long-standing history, extensive developer community, and robust security infrastructure have solidified its position as the go-to platform for many dApps. Ethereum's transition to a proof-of-stake (PoS) consensus mechanism, known as The Merge, has further enhanced its scalability and energy efficiency. Moreover, Ethereum's dominance in the DeFi and NFT markets is undeniable. A vast array of DeFi protocols, including lending platforms, decentralized exchanges, and yield farming platforms, are built on Ethereum. The platform's popularity in the NFT space is evident from the success of projects like CryptoPunks and Bored Ape Yacht Club. The Battle for Market Share As the cryptocurrency market enters a period of increased volatility and potential altcoin season, the competition between Solana and Ethereum is likely to intensify. Solana's scalability advantages and growing ecosystem could attract more developers and investors, leading to increased demand for the SOL token. However, Ethereum's established position, strong developer community, and ongoing technological advancements may enable it to maintain its dominance. The outcome of this battle will depend on several factors, including: • Network Performance: Both platforms will need to continue to improve their network performance and scalability to meet the growing demand for decentralized applications. • Developer Adoption: Attracting and retaining top developers will be crucial for both platforms. • Security: Ensuring the security of the network and protecting users' funds is paramount. • Regulatory Environment: The regulatory landscape for cryptocurrencies could significantly impact the adoption and growth of both platforms. Conclusion While Solana has emerged as a strong contender in the blockchain space, Ethereum's established position and ongoing development efforts make it difficult to displace. The future of the cryptocurrency market is uncertain, and both platforms will need to adapt to evolving technologies and changing market dynamics. Ultimately, the success of Solana and Ethereum will depend on their ability to deliver value to users and developers.
COINBASE:SOLUSD
by bryandowningqln
Vitalik Buterin Drives New Innovations & Bullish Trends for ETHEthereum ( CRYPTOCAP:ETH ), the world’s second-largest cryptocurrency by market cap, is undergoing a transformative journey, marked by visionary updates and community-driven momentum. With Ethereum’s recent price surge to $2,631, up 4.11% in the last 24 hours, and a broader bullish trend across the market, the Ethereum ecosystem is positioning itself as a powerhouse in blockchain technology and decentralization. This article explores both the technical and fundamental aspects influencing Ethereum’s outlook, along with new philanthropic efforts led by Vitalik Buterin. Vitalik Buterin’s MIL:1M Donation to Ukrainian Humanitarian Aid One of the biggest stories recently has been Vitalik Buterin’s donation of over 400 ETH (approximately $1 million) to four Ukrainian humanitarian organizations, including one helping children affected by the ongoing conflict. This philanthropic act underscores Ethereum’s commitment to community-driven initiatives and the impact of decentralized finance (DeFi). Interestingly, the ETH used in this donation came from swapped meme coins, including $MOODENG, $EBULL, and $DOG. This donation not only provides aid to those in need but also highlights the growing role that cryptocurrencies, even meme tokens, play in supporting humanitarian causes. Ethereum’s Evolution: “The Splurge” and Upcoming Hard Fork The Ethereum protocol is on the verge of critical updates with the upcoming hard fork, as outlined in Vitalik Buterin’s “The Splurge.” This final segment of Ethereum’s development roadmap focuses on refining the Ethereum Virtual Machine (EVM), introducing account abstraction, optimizing transaction fees, and enhancing cryptographic functions. 1. EVM Object Format (EOF): The next upgrade will integrate the EVM Object Format, bringing a modular approach to Ethereum’s code. This update allows for better code separation and improved performance, making the network more efficient for smart contracts and decentralized applications (dApps). 2. Account Abstraction: A significant focus within “The Splurge” is account abstraction, which enables greater flexibility in transaction verification. This enhancement will allow users to pay transaction fees in ERC20 tokens instead of solely in ETH, broadening accessibility across the network. 3. Transaction Fee Optimization and Cryptographic Advancements: Ethereum’s upcoming update aims to make transaction fees more predictable and cost-effective. The use of advanced cryptographic methods will also enable more robust and efficient blockchain operations, further enhancing Ethereum’s performance and scalability. As these updates take effect, Ethereum’s potential is expanding, as evidenced by decreasing fees on decentralized exchanges (DEX) and growing developer interest. Technical Analysis Ethereum’s technical indicators paint a promising picture. Currently trading at $2,631, CRYPTOCAP:ETH has shown a 2.47% uptick, largely mirroring Bitcoin’s bullish rise to $71,000. Ethereum’s RSI sits at a healthy level, confirming a favorable momentum pattern that aligns with bullish technical formations. Ethereum’s chart shows a subtle rising wedge, suggesting the possibility of a continued uptrend. The appearance of a “three white soldiers” pattern—a bullish formation where three consecutive candlesticks close progressively higher—signals an upward reversal, reinforcing the likelihood of Ethereum ( CRYPTOCAP:ETH ) pushing towards the $3,000 mark. Ethereum’s Relative Strength Index (RSI) remains stable, indicating there is room for further upward movement before hitting overbought levels. Paired with increasing volume, this setup is favorable for a bullish continuation as investor confidence grows. If momentum continues to build and Ethereum ( CRYPTOCAP:ETH ) maintains its trajectory, a pivot towards the $3,000 mark seems plausible, especially given the upcoming hard fork and increasing institutional interest. A Strong Community and Visionary Leadership Drive Ethereum’s Momentum Ethereum’s role in the crypto world goes beyond price movements and technical charts. Since its inception, Ethereum has fostered a decentralized ecosystem that enables users worldwide to create, transact, and innovate. Vitalik Buterin’s leadership has emphasized social good, community engagement, and technological advancement, allowing Ethereum to retain a strong community and global relevance. With ongoing developments like “The Splurge” and continued network upgrades, Ethereum ( CRYPTOCAP:ETH ) has deem fit to be a robust and scalable platform that can accommodate both the needs of developers and the demands of decentralized finance. ### Conclusion: Ethereum’s Path to $3,000 and Beyond Ethereum ( CRYPTOCAP:ETH ) is at a pivotal moment in its evolution, and current technical indicators and development updates signal a bullish future. With the imminent EVM upgrades, transaction fee optimizations, and the support of a vibrant community, ETH has the momentum to reach new heights. Investors should watch for a potential breakout towards the $3,000 pivot as Ethereum ( CRYPTOCAP:ETH ) solidifies its place as a leader in the blockchain space.
COINBASE:ETHUSDLong
by DEXWireNews