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basechop · 1 year ago
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Ethereum (ETH) Accumulation Signals Bullish Momentum
Title: Ethereum (ETH) Accumulation Signals Bullish Momentum Crypto Whale Accumulates Ethereum (ETH) Amid Bullish Sentiment According to Lookonchain data, a crypto whale has been accumulating Ethereum (ETH) on personal wallets, withdrawing 39,900 ETH from exchanges like Binance, Bybit, Bitfinex, and OKX since February 1st. Subsequently, the user borrowed 56.8 million DAI from the Spark credit platform and exchanged the decentralized stablecoin for ETH. ETH Primed for Breakout The significant accumulation of ETH and borrowing activity suggests strong confidence in price appreciation. With the current price of ETH at $2661 and a daily increase of 2.4%, Ethereum appears poised for a breakout. Analyzing the 4-hour chart, ETH may encounter resistance around $2720. A breakthrough above this level could propel ETH towards $3000. However, failure to clear this hurdle might lead to a retreat to the next support near the Fibonacci retracement level at $0.786. In the event of a downturn, ETH's price could drop to $235. Nevertheless, convergence and divergence of moving averages (MACD) indicate a low probability of short-term price decline. Ethereum's Technical Indicators Additionally, the 12-day EMA (blue) crossing above the 26-day EMA (orange) signals bullish sentiment, suggesting a potential for further upward movement. If this trend continues, ETH could overcome resistance at $2720. Ethereum's Total Value Locked (TVL) Hits Yearly High DeFiLlama data shows Ethereum's Total Value Locked (TVL) reaching $41.23 billion, aligning with ETH's price surge to a new yearly high. Short-Term Outlook and Potential Price Targets In the short term, ETH may target the $3000 level. Further growth could see ETH reaching $3500, potentially establishing a new all-time high by the end of 2024. Read the full article
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kanalcoin · 5 days ago
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XRP is on Fire! 🔥💰 Ever seen a symmetrical triangle go wild? Well, buckle up, crypto fam! XRP just blasted out of a tight triangle, soaring to a stunning $3.50 on July 23, 2025! 🚀💎 Retail speculation is buzzing like a caffeinated bee, and technical analysts are calling this a bullish bonanza, with groups like BINANCE KILLERS on high alert for potential gains! Who doesn’t love a good thrill ride?! 🏇💨 XRP, the darling of the Ripple network, shattering its previous records with whispers of a new all-time high and a target of $6.00 if the market plays nice. Can you hear the sound of retail enthusiasm? It's basically the sound of a thousand clicks on the 'Buy' button! 💥📈 But hold on, because with great highs come great opportunities for profit-taking. As the price teetered back to $3.44, analysts remind us it's a wild market out there—expect the unexpected! Can we get some historical context? You bet! XRP has always known how to make waves, taking cues from past breakouts in 2017 and 2021. With every euphoric surge, remember, caution is key. The cumulative volume delta is looking spicy, but this wouldn’t be crypto without a reminder to keep your head cool and your strategies smart! 🧊💡
"XRP broke out of the symmetrical triangle and hit a new ATH 🚀 Now retesting the breakout zone — a bounce confirms bullish momentum, but a close below support may signal a short-term pullback." — BINANCE KILLERS® (@Binance_Killers)
So, what’s next for $XRP? Swing by for a deep dive into this epic rally and crisp visuals at KanalCoin! 👀⬆️ Stay in the loop, and remember: history loves to repeat itself. This is where we all tip our hats to the charts and hope for a bull run! 🐂✨ Let’s talk about your predictions! Is $6 just a dream or is it on the horizon? Drop your thoughts below! 👇💬 #XRP #Crypto #InvestSmart #TraderLife #Bullish #KanalCoin #Altcoins #PriceBreakout #CryptoCommunity
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cryptomaxgo · 2 months ago
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Listen up, crypto warriors! 💪💰 Bitcoin's supply is vanishing faster than your last paycheck! A whopping 30% drop in just 18 months due to insane institutional FOMO and reserve strategies tightening the market. 📉🚀 That means a price breakout is looming, and you better be ready! Are you still sitting on the fence? Time to act before it's too late. 🕒🔥 Follow CryptoMaxGo for the latest madness in the crypto world! You don’t wanna miss this ride! 🐴💥 #Bitcoin #CryptoNews #Blockchain #PriceBreakout #Sygnum #HODL #CryptoMaxGo #MarketTrends #InvestSmart #Cryptocurrency
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