Get started

Search in ideas for "Ethereum"

What 1-hour chart says? Fundamental Development: Core Ethereum (ETH) developer Tim Beiko has outlined a series of suggestions and expectations about the upcoming Merge for application and protocol developers on Ethereum.For the average users of apps and protocols, Beiko simply suggested testing things out to ensure nothing is broken as more tests are executed. The Merge is the highly complex and long-awaited moment when the Ethereum network switches from Proof-of-Work (PoW) to Proof-of-Stake (PoS) consensus. At that point, it will be known as "Consensus Layer" and is expected to occur in August this year.Testing on several testnets has been focused on ensuring there are no cross-client issues or that existing applications don’t entirely break after the Merge. Beiko pointed out in a separate Twitter thread that such problems are likely to be rare because “99% of changes affect the protocol layer,” while “there are almost no changes done to the application layer. Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $29,400-$29,200 ranges.BTC is made low 28,850 and now consolidating within a range. Yesterday it made low near $28,850 and then it continue to climb up to near 200 simple moving averages. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,250 level and the 200 hourly simple moving averages. The first major support is near the $28,600 level. The main support sits near the $29,000 level. A clear move below the $28,500 support zone may perhaps start a major decline. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,600 level.
BITSTAMP:BTCUSD
by eva236220
What 1-hour chart says? Fundamental Development: Cardano (ADA) leads by a wide margin in a Twitter poll by the crypto community on May 18, 2022, getting 82% of votes over three other altcoins.A Twitter user with 26.7k followers ran a poll requesting people to vote for the coin they believe will remain until 2030. Along with ADA, they listed Solana (SOL), Avalanche (AVAX), and Algorand (ALGO). At the time of writing, 12,983 Twitter users voted. 82% of the respondents favored Cardano’s ADA, while only 3% picked Avalanche.However, a commenter expressed zero confidence in the four listed tokens. Citing the unfortunate implosion of Terra (LUNA). They said their conviction remains with Bitcoin (BTC) and Ethereum (ETH).While it is impractical to tell which coin is the next Bitcoin, experts have parameters in place to vet the sustainability of a crypto project. The sustainability of a coin may be from its use cases, team, web presence, community, etc. The Case for Cardano Cardano has a community of 1.3 million followers on Twitter. Its blockchain was developed by Charles Hoskinson, the co-founder of the Ethereum network. From its official website, Cardano claims to be a blockchain platform for change makers, innovators, and visionaries, with the tools and technologies to bring about positive global change. Its blockchain can authenticate pharmaceutical products to eliminate the risk of buying counterfeit drugs, among other fascinating use cases.Nonetheless, every cryptocurrency has a reason to exist. It may exist as a payment method like BTC, or a utility token, like ETH, to verify transactions on a blockchain. The absence of a use case for a coin is a strong indication of something fishy.A crypto project’s website and social media presence also gauge its activity level and give an insight into the project. Knowing the team behind a project adds an extra layer of credibility to the project. All of these are true for Cardano (ADA). Short Term Technical View: On daily time frame BTC is trading below 200&50 simple moving averages and trading between $31,400-$28,400 ranges.BTC is made low 25,200 and now consolidating within a range. Yesterday it made low near $28,600 and then it continue to climbed up to near 200 simple moving average. Bitcoin is struggling to gain momentum above $30,500.The price is now trading near the $29,800 level and the 200 hourly simple moving averages. Alternative Scenario: if Bitcoin fails to gain pace above the $30,500 resistance zone, it could start a fresh decline. An immediate support on the downside is near the $28,800 level and the next major support is near the $28,300 level.
BITSTAMP:BTCUSD
by eva236220
SHIBA INU CONTINUES ITS PIRCE RALLY, OTHER CRYPTOS KEEP LOW KEY Today, the top cryptocurrencies are not in a good place as the price of Bitcoin and Ethereum is going down. Analytics Insight has listed the top 10 current cryptocurrency prices on November 1, 2021 Bitcoin- US$60,646.29 (down by 1.41%) Ethereum- US$4233.06 (down by 3.18%) Cardano- US$1.93 (down by 2.40%) Binance Coin- US$512.82 (down by 2.74%) Tether- US$1.00 (down by 0.11%) XRP- US$1.09 (down by 2.43%) Solana- US$203.05 (up by 4.86%) Polkadot- US$42.39 (up by 1.39%) Shiba INU- US$0.00007182 (Up by 6.72%) Dogecoin- US$0.27 (up by 0.16%)
Long
by BhanuPratapSolanki
TRX been doin good!This analysis is for those who are looking for some good investments in the crypto market. As we can see many meme coins getting pumped and dumped within a few hours, due to which, the beginners loose a lot of money. So, if you're one of those people, or you got some losses from the crypto market, Tron (TRX) is one of the coins which might give good returns on investment. Tron has two main functions, it is a global content sharing platform and it allows the users to make their own automated applications. It is basically an NFT. According to price data provider CoinMarketCap, Tron’s price reached an all-time high of $0.22 in January 2018 amid a crypto-wide bull run. For most of 2018 and 2019, Tron’s price hovered between $0.01 and $0.04. Tron’s price hit a fresh peak of $0.16 in April 2021, rising with the rest of the market as bitcoin broke $64,000 for the first time. It borrows some of its technology from Ethereum too, the Tron Virtual Machine which is similar to Ethereum's Virtual Machine. YouTube is a major competitor of Tron, but Tron is built more with decentralized file sharing in mind. According to some news sources, Tron is being burnt more than that of its net production daily, this is a positive news for Tron. The Total supply of TRX is around 100B, out of which 71B is currently circulating. Now, if I come to the technical analysis, TRX is currently at a major supple zone. It tested the same level many times in the past few days. Now, today, even when the Bitcoin was falling, along with all the other altcoins, Tron was still showing some results on the positive side. Now it is near the golden zone of the bearish Fibonacci Retracement, which I made during the Bearish markets of June. If it breaks the Golden Zone perfectly, it will be officially in a massive bull run again. It got retraced from the golden zone of bullish Fibonacci retracement too. Now, it might go for a new high at the -0.382 level of the same Fibonacci Retracement.
Long
by theTAguy
Bitcoin Weekly, Aims At $9100Bitcoin (BTCUSD) is now aiming at $9100 or EMA50 on the weekly timeframe... Hit LIKE to get started! Last week we got a higher low and also a candle close below EMA10, signaling a switch from bullish to bearish short-term. With prices now trading below EMA10, Bitcoin is aiming lower. The next support is sitting at $9100/$9250. Marked by EMA50 and the 0.382 Fib. retracement support for the bullish wave that started in March 2020. The MACD is already trending lower A bearish cross is about to take place. We also have a lower high compared to Aug. 2019... Here we have bearish divergence since Bitcoin hit higher last month. Depending on how EMA50 is handled, if strong volume comes in on the drop or buyers show up... We will know what will happen next. For now, we have a bearish bias and looking for lower prices unless Bitcoin moves back up and closes above EMA10. Hit LIKE and leave a comment if you have any questions or something to say. Thanks a lot for reading. Previous chart | Sep 5 | Bitcoin What Now? $9.7K Or Lower? Altcoins Are Going To Bleed? Previous chart | Sep 3 | Ethereum Breaks Below EMA10, Aims At $370 Followed by $320... Namaste.
BITFINEX:BTCUSDShort
by MasterAnanda
1
Ripple vs Bitcoin | It's Been A While (Can Go Up?)It's been a while since my last analysis on the XRPBTC (Ripple vs Bitcoin) chart... This is one of our favorites. XRPBTC printed a higher low on low volume... This retrace is coming to an end. Many other altcoins pairs have a similar chart, a strong retrace that produced a higher low, and ended up in a strong bullish breakout, this can happen for Ripple as well. The chart is looking neutral right now but the tendency is up. If the orange trendline is broken, XRPBTC can go lower and hit support. If prices stay above this trendline, we can expect the next move to be a nice JUMP! Remember to hit LIKE to show your support. I will be doing a 10X Lev. trade for Ripple once more... Hoping for great profits for us. Namaste. Please support my BTCUSD and ETHUSD analysis as well, every bit counts 😊 Thanks again... Feel free to leave a comment anytime with your thoughts and questions, I am so happy to help. ✴️ Bitcoin Conquers EMA10, Aims At $9,500/$9,900 Next! Ethereum Hits Support, Going To $260 or $285+?
by MasterAnanda
ETH / USD Price Analysis: Bearish InertiaEthereum / USD Short-term price analysis ETH has a neutral short-term trading bias, with the cryptocurrency falling back towards its 200-period moving average on the four-hour time frame. The four-hour time frame continues to show a valid head and shoulders pattern, with bulls failing to negate the bearish pattern during the latest rally in the ETH / USD pair. Technical indicators have turned bearish on the four-hour time frame and are currently generating sell signals. Pattern Watch Traders should note that a bullish inverted head and shoulders pattern will form on the four-hour time frame if the ETH / USD pair advances towards its current yearly trading high. Relative Strength Index The RSI indicator on the four-hour time frame has also turned bearish and shows scope for further downside. MACD Indicator The MACD indicator on the four-hour time frame has turned bearish, with the MACD signal line now issuing a sell signal. Ethereum / USD Medium-term price analysis ETH retains a bullish medium-term bias, with the ETH / USD pair still trading well above its key 200-day moving average. The daily time frame is showing a small inverted head and shoulders pattern in play, while an even larger inverted head and shoulders pattern could take shape if the ETH / USD pair moves above the $200.00 level. Technical indicators on the daily time frame currently have a slight bullish bias, although downside pressures are building. ETH / USD Daily Chart by TradingView Pattern Watch Traders should note that critical weekly support for the ETH / USD pair is currently located at the $150.00 level. Relative Strength Index The RSI Indicator on the daily time frame remains bullish, although downside pressures are building. MACD Indicator The MACD indicator on the daily time frame is neutral, with the MACD histogram and the MACD signal line failing to issue clear trading signals. Conclusion ETH is coming under downside pressure in the near-term after bulls failed to rally the ETH / USD pair to a fresh 2019 trading high during last week rally. Bulls must start to make new higher price highs and force the cryptocurrency above the $200.00 level or the bearish pattern on the four-hour time frame could soon be triggered into action.
BITFINEX:ETHUSD
by CryptoBriefingTA
BTC Becomes a National Reserve Asset, What’s the Best Investment In the near future, BTC Dominance (BTC.D) might fluctuate, but currently, Bitcoin holds over 60% of the crypto market capitalization. This means that if the total market cap is $3 trillion, BTC alone accounts for $1.8 trillion. With this level of dominance, institutional investors and financial institutions primarily focus on Bitcoin, treating it as the core of the crypto market. What If Bitcoin Becomes a National Reserve Asset? If countries start holding BTC as a reserve asset—similar to gold—its long-term value could skyrocket. Bitcoin would shift from being a speculative asset to becoming a crucial part of the global financial system. So, how should you adjust your investment strategy in this scenario? Prioritize BTC: Allocate at least 60-70% of your portfolio to BTC, as it would be the safest and most valuable asset in the crypto space. Keep ETH & BNB: Even if BTC is recognized as a reserve asset, Ethereum and Binance Smart Chain will still have strong utility, making ETH and BNB worth holding. Be Selective with Altcoins: A BTC-dominated market will filter out weak Altcoins. Only invest in fundamentally strong projects with real-world use cases. In short, if Bitcoin is widely accepted as a reserve asset, the crypto market will mature and stabilize. Investors need to adapt, follow global trends, and adjust their portfolios to maximize returns in this new era.
CRYPTOCAP:BTC.DLong
by rainbow_sniper
Bitcoin (BTC): technical and fundamental analysis. Altseason. The price of Bitcoin has declined following the release of labor market data (JOLTS) and the FOMC meeting minutes, where Fed officials expressed concerns about the impact of Donald Trump's policies on the U.S. economy. BTC's price has once again fallen below the 200 EMA line and is currently retesting the support block at 90,000–91,000, which it has repeatedly bounced off over the past month. If Bitcoin breaks below this level under selling pressure, we anticipate a continued correction into the 4H Imbalance zone, located between the 0.5 and 0.61 Fibonacci levels. In this area, reversal patterns can be sought for building short-term long positions in the 87,000–82,000 range. The likelihood of further decline is indicated by the crossing of the EMA 200 and EMA 50 moving average lines. At the same time, the RSI indicator is already near its lower limits, offering hope for a quick end to the correction if the support levels of 87,000 and 80,000 hold against the sellers' pressure. For Bitcoin to resume its upward trend, it needs to break above the dynamic resistance of the 200 EMA and hold above the psychological level of 100,000. In that case, we would expect further growth with a retest of the resistance block at 108,000–110,000 and a potential update of the all-time high. 📉 Bitcoin market global analysis. When does the altseason start? On the daily logarithmic chart, the RSI indicator has crossed below the midline, suggesting a continued correction is likely. During Bitcoin’s rapid growth in November 2024, an Imbalance 1D zone formed in the 77,000–85,000 range, characterized by significant gaps at horizontal trading volume levels that need to be filled through consolidations. After the correction is complete, the next target for Bitcoin's price growth could be the global trendline, drawn based on the two peaks of the previous growth cycle. This line may be tested around the 120,000 level, as confirmed by the analysis of large order blocks in exchange order books. Meanwhile, the crypto market is gearing up for the much-anticipated altseason—a period when altcoins outperform Bitcoin in returns. Altseason typically follows Bitcoin's new all-time high and its consolidation within that range, as investors reinvest profits into other coins to maximize gains. However, the upcoming altseason will likely differ from previous ones due to the influx of institutional funds via Bitcoin and Ethereum ETFs and the tightening regulation of crypto assets. Historically, in 2017 and 2021, the start of altseason coincided with a decline in Bitcoin's market dominance. A drop in Bitcoin's share of total market capitalization below 50% could signal the beginning of altseason. Additionally, altseason often aligns with moments when Bitcoin reaches the upper boundary of the Bollinger Bands on the weekly chart. 💠 Analysis of liquidity zones and levels The Fear and Greed Index remains in the Greed Zone - 69. The total cryptocurrency market capitalization has fallen to $3.19 billion, while the Bitcoin Dominance Index has risen to 57.94. According to the analysis of the accumulation of large order blocks in the order books, the supply and demand zones are located at the following levels: 🟢 Demand Zone: 80,000 - 91,000 🔴 Supply Zone: 105,000 - 120,000 Levels for long positions: 90,000 - psychological support level 87,000 - 88,000 - large support block 80,000 - large support block Levels for short positions: 105,000 - largest resistance block 110,000 - largest resistance block 120,000 - ascending trend line of resistance 📊 Fundamental analysis At the December meeting, the Federal Open Market Committee (FOMC) discussed various topics, ranging from inflation risks to the anticipated slowdown in rate cuts. Fed officials expressed concerns that Trump’s proposed trade and immigration policies could intensify inflationary pressures. Meanwhile, fresh U.S. labor market data may push the Fed to abandon further rate reductions. The cryptocurrency market reacted sharply, with significant price declines. At the same time, financial analysts predict that the current bull market could become the longest in the history of the cryptocurrency industry. Investor optimism regarding a continued crypto rally surged after Bitcoin reclaimed levels above $100,000, following news that the largest BTC investor among public companies, MicroStrategy, resumed its coin purchases. The company acquired 1,070 Bitcoins for $101 million, bringing its total holdings to 447,470 BTC. Experts believe the cryptocurrency market’s peak will occur in mid-2025, followed by a steep decline. Net liquidity of $57 billion, expected to flow into the market in the first quarter, may temporarily support the bull market. However, economic pressures are likely to trigger a correction. These projections are based on an analysis of market liquidity and the impact of political events, as U.S. dollar liquidity remains a critical factor in crypto market dynamics. Changes in Fed policy and U.S. Treasury operations could lead to significant volatility. 🌐 Upcoming Events in the Global Economy We expect increased volatility in both stock and cryptocurrency markets on the following dates: ➤ 01/15, 16:30 - U.S. Core Consumer Price Index (CPI). ➤ 01/16, 16:30 - U.S. Initial Jobless Claims. ➤ 01/29, 22:00 - New Fed Interest Rate Decision. ➤ 03/19, 22:00 - New Fed Interest Rate Decision. 📈 Statistics of signals from our AI trading indicator: In December 2024, the price of Bitcoin updated its historical maximum, then a correction began. Our trading indicator, as always, warned about this in advance! And even during the flat period it gave good entry points. Thanks to the latest updates, all signals have become profitable, and built-in Anti-Flat System prevented losses from manipulative market movements. 😎 Total price movement by all signals: + 45.09% Maximum price movement: + 11.17% Average price movement: + 5.01% In addition, I would like to share the forecast of the latest Bitcoin price action by our AI, which not only indicates the direction, but also builds the trajectory of further price movement:
by TradeINEX
Bitcoin Analysis: Shakeout or Rally? Let's Read The Chart!The Crypto market is buzzing with speculations right now! Some believe that the recent fall in Bitcoin was nothing more than a shakeout, and a massive rally is just around the corner. Meanwhile, there’s news floating around that the federal government has sold a huge chunk of BTC and plans to sell even more. But here’s the thing: financial markets don’t run on speculations, and news usually hits the market after the action is already done. So, let’s forget the noise and get straight to the business of reading what the chart is telling us. Before we dive into the analysis, ask yourself this: What kind of trader are you? When you invested in the market, did you have a plan? Was it a short-term play (swing trade) or a long-term investment? For Long-Term Investors If you’re a long-term investor, there’s no need to worry. The trend for Bitcoin is still bullish on the daily time frame. What we’re seeing now is just a corrective move, and this is how price behaves—it moves in waves. Every dip is an opportunity. The next key buying zone for long-term investors lies between 70500 - 74000, a level that hasn’t been tested since the breakout on 6th Nov 2024. So, be patient and let the price come to you. For Short-Term Investors If you’re a short-term investor, this analysis is specifically for you. Currently, Bitcoin’s price has been moving consistently upward over the last few hours. It has even broken out of the last lower high. However, let’s not get carried away just yet. There are multiple resistance zones above, and it won’t be an easy ride for the buyers. These zones offer an opportunity for sellers who missed the chance to short from the top. The real turning point for buyers will be the 0.618 Fibonacci level. Once this level breaks and the price sustains above it, we might see buyers gaining confidence to push the price higher. Also, don’t forget to check out my detailed analysis of the Ethereum chart.
BINANCE:BTCUSD
by khanrafat20