Black Friday saleUp to 70% OFF

ETHKRW

Solana's Surging Dominance: A New Flippening in the Making? Solana's meteoric rise has caught the attention of the cryptocurrency world, with its price reaching a new all-time high against Ethereum. This surge, driven in part by the memecoin frenzy, has sparked speculation about a potential "flippening" – a scenario where Solana's market capitalization surpasses that of Ethereum. Since 2023, Solana has experienced a remarkable 600% increase in value relative to Ethereum. This impressive performance can be attributed to several factors, including: • Memecoin Mania: The popularity of memecoins like BONK and BONK Inu has significantly boosted Solana's ecosystem. These tokens have attracted a large following, driving up demand for the Solana blockchain. • Scalability and Speed: Solana's ability to process a high number of transactions per second (TPS) has made it a popular choice for developers and users seeking faster and more efficient blockchain solutions. • Growing Ecosystem: Solana has witnessed a rapid expansion of its ecosystem, with numerous decentralized applications (dApps) and projects being built on the platform. This growth has increased the demand for Solana tokens. • Institutional Interest: Solana has gained traction among institutional investors, who are increasingly attracted to its potential as a scalable and high-performance blockchain. While Solana's recent performance is undeniably impressive, it's important to consider the challenges it faces in its quest to overtake Ethereum. Ethereum, despite its current dominance, is undergoing significant upgrades, such as the transition to proof-of-stake (PoS) and the implementation of layer-2 scaling solutions. These developments could potentially enhance Ethereum's efficiency and scalability, making it a more competitive alternative. Moreover, Ethereum's established network effects and strong developer community give it a significant advantage. Ethereum has been the dominant platform for smart contracts and decentralized finance (DeFi) applications for several years, and it has a vast network of developers and users. Overcoming this established ecosystem will be a formidable challenge for Solana. Despite these challenges, Solana's recent surge suggests that it is a serious contender in the race for blockchain dominance. The platform's strong performance and growing ecosystem have positioned it as a potential disruptor in the cryptocurrency market. Whether Solana can ultimately achieve a "flippening" remains to be seen, but its continued success is a testament to the innovative and competitive nature of the blockchain industry. In conclusion, Solana's price surge against Ethereum marks a significant milestone for the platform. While the road ahead may be challenging, Solana's potential for growth and innovation is undeniable. As the cryptocurrency market continues to evolve, it will be fascinating to observe the ongoing competition between Solana and Ethereum, and to see which platform ultimately emerges as the dominant force in the blockchain space.
COINBASE:SOLUSDLong
by bryandowningqln
Check whether HA-Low indicator is createdHello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT 1M chart) The price is located near 0.5 (3097.94), falling below 3321.30. If it fails to rise above 0.5 (3097.94), it is expected to fall to around 0.382 (2647.80). If the price remains above the MS-Signal indicator, it is expected to eventually continue its upward trend. (1W chart) We need to check whether it can be supported and rise in the psychological volume profile area, that is, around 2621.99-3025.27. The 3025.27 point is the HA-High indicator point on the 1W chart, so if it is supported and rises, I think there is a high possibility of renewing the high point. In addition, if the price is maintained above the MS-Signal indicator, the upward trend is expected to continue, so the current price position can be said to fall into an important support and resistance zone. (1D chart) When the BW indicator is horizontal, you need to check whether it is supported near that point. At this time, if the StochRSi indicator rises from the oversold range or becomes StochRSI > StochRSI EMA, then it is time to buy. Since the 3025.27 and 3321.30 points correspond to the HA-High indicator points on the 1W and 1M charts, the important question is whether the price can be supported and rise in the 3025.27-3321.30 section. The next period of volatility will be around April 26-29. Accordingly, we will have to wait and see whether the price can be maintained above 3025.27. If a new HA-Low indicator is created, it is important whether the HA-Low indicator can be supported and rise. This is because the creation of the HA-Low indicator means that a low point has been formed. Therefore, if it falls below the HA-Low indicator, it is likely to lead to a stepwise decline. Conversely, if it is supported and rises by the HA-Low indicator, it will be a good buying zone. Have a good time. thank you -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. #BTCUSD 12M 1st: 44234.54 2nd: 61383.23 3rd: 89126.41 101875.70-106275.10 (when overshooting) 4th: 13401.28 151166.97-157451.83 (when overshooting) 5th: 178910.15 These are points that are likely to encounter resistance in the future. We need to see if we can break through these points upward. Since it is thought that a new trend can be created in the overshooting zone, you should check the movement when this zone is touched. #BTCUSD 1M If the general upward trend continues until 2025, it is expected to rise to around 57014.33 and then create a pull back pattern. 1st: 43833.05 2nd: 32992.55 -----------------
by readCrypto
2
ETH drops to 2000? ETH technical analysis: Today, the daily level of the big cycle closed a big negative line yesterday, and the K-line pattern continued to fall. The price is below the moving average and continues to break downwards. The indicator in the attached picture crosses downwards and the volume is running, but K The price has already deviated from the moving average in the linear form, so everyone here should pay attention to the risk of price correction and not blindly carry orders; in the short-period hourly chart, yesterday's European market price fell and broke the previous day's low, and it continued today morning. At present, If the support rebounds, then the day will depend on the correction trend, so you cannot go short directly. You have to wait for the correction before entering the market. Therefore, today's ETH trading strategy: short in the 3400-3450 area, stop loss in the 3500 area, and target 3200-3000.
Short
by Crazy_money_making_signals
1
ETH rises by 5,000? Hello everyone. ETH technical analysis: Today, the daily level of the big cycle closed a big negative line yesterday, and the K-line pattern continued to fall. The price is below the moving average and continues to break downwards. The indicator in the attached picture crosses downwards and the volume is running, but K The price has already deviated from the moving average in the linear form, so everyone here should pay attention to the risk of price correction and not blindly carry orders; in the short-period hourly chart, yesterday's European market price fell and broke the previous day's low, and it continued today morning. At present, If the support rebounds, then the day will depend on the correction trend, so you cannot go short directly. You have to wait for the correction before entering the market. Therefore, today's ETH trading strategy: short in the 3400-3450 area, stop loss in the 3500 area, and target 3200-3000.
BITSTAMP:ETHUSDShort
by Crazy_money_making_signals
1
ETH is under pressure and falling Hello everyone.Today, the daily level of the big cycle closed with a small positive line yesterday. The K-line pattern is continuously negative and single positive. The price is below the moving average. The indicator in the attached picture is running downward. In terms of the general trend, it is currently in a retracement trend. The top The moving average resistance position is near the 3690 area, and the low support position is near the 3410 area. This is the range point that needs to be paid attention to this week. There is a high probability that it will fluctuate in this range; the short-period hourly chart yesterday's European market prices rose, and the US market continued, after consolidation This morning it was under pressure and retraced, with the high point around the 3685 area and the low point near the 3410 area. The current price supports a rebound, and the K-line pattern continues to be positive. There is still a counterattack during the day, but the general trend is currently retracing, so we have to wait for today Enter the market after counter-drawing under pressure, so today's ETH short-term contract trading strategy: counter-draw short in the 3665 area, stop loss in the 3691 area, and target the 3600-3580 area
Short
by Crazy_money_making_signals
ETH money making signalsToday, the daily level of the big cycle closed with a small positive line yesterday. The K-line pattern is continuously negative and single positive. The price is below the moving average. The indicator in the attached picture is running downward. In terms of the general trend, it is currently in a retracement trend. The top The moving average resistance position is near the 3690 area, and the low support position is near the 3410 area. This is the range point that needs to be paid attention to this week. There is a high probability that it will fluctuate in this range; the short-period hourly chart yesterday's European market prices rose, and the US market continued, after consolidation This morning it was under pressure and retraced, with the high point around the 3685 area and the low point near the 3410 area. The current price supports a rebound, and the K-line pattern continues to be positive. There is still a counterattack during the day, but the general trend is currently retracing, so we have to wait for today Enter the market after counter-drawing under pressure, so today's ETH short-term contract trading strategy: counter-draw short in the 3665 area, stop loss in the 3691 area, and target the 3600-3580 area
BITSTAMP:ETHUSDShort
by Crazy_money_making_signals
1
ETH rises to 5000 Ethereum continued to rise to a new high yesterday, and the bullish sentiment has not yet dissipated. It can be seen as the end of the upward trend, but there will still be some space above, so it will continue to rise. The main reasons for looking at the rise are: the daily line has hit a new high again, indicating that the upward trend will continue, and the market will evolve from a five-wave structure to a nine-wave structure. Ethereum pressure is 4180~4390, and support is 3960~3910. For Ethereum operations, it is recommended to buy at 3695, stop loss at 3635, and target 4200~4500.
BITSTAMP:ETHUSDLong
by Crazy_money_making_signals
4
"Ethereum Price Targets a 5% Increase, Testing $2,141 High"The price of Ethereum (ETH) is poised for a 5% increase, aiming to test the highest level within the $2,141 range before a potential correction. The trend-breaking tool continues to play a supportive role as a key level, with immediate support standing at $2,029, maintaining its position above the ETH peaks. Similar to Bitcoin, the RSI indicator is on the verge of crossing above the signal line, indicating the potential for an upward move. However, if sellers take control, Ethereum's price could fall into the supply zone, acting as a trend-breaking tool, confirming a continuation of the southward movement by breaking and closing below the midpoint of this order block at $1,935. The downturn may extrapolate, causing Ethereum's price to bring the trend-breaking tool back into the supply zone below the support level of $1,864.
BITSTAMP:ETHUSD
by Larissa-Trader
ETH as Whale Traders Inject $124B – An Exciting Opportunity!The recent surge in ETH has been nothing short of remarkable, and it's all thanks to mighty whale traders injecting a staggering $124 billion into the Ethereum network! The trends are clear, and the time is now to seize this opportunity and make ETH your go-to choice for long-term investments. By joining the ranks of successful traders who are capitalizing on this extraordinary development, you too can ride the upward momentum of ETH and potentially secure substantial profits for yourself. Are you ready to be part of this revolution? Take action today and make a smart move towards long ETH positions. Don't miss out on the chance to grow your crypto portfolio and be at the forefront of a digital revolution reshaping the financial world as we know it. To get started, carefully analyze the current market conditions, stay updated with the latest industry news, and consider consulting with trusted investment advisors. Remember, every investment holds its own risks, so exercise prudence, conduct thorough research, and set realistic expectations. By utilizing the available resources, you can stay ahead of the game and maximize your potential gains. Embrace this thrilling opportunity and embark on a remarkable journey towards financial success. Together, we can ride the wave of ETH's unstoppable ascent and achieve incredible results. www.newsbtc.com
BITSTAMP:ETHUSDLong
by bryandowningqln
1
Ethereum Price Struggles to Maintain $1,935 Support LevelThe price of Ethereum (ETH) is at risk of losing a crucial support level at $1,935, marking the midpoint of the supply zone that has become a breaking point for the extended bullish trend ranging from $1,864 to $2,004. If the $1,935 level fails to hold firm, it could spell disaster for token holders, with ETH potentially sliding down to the psychological level of $1,800 or, in severe cases, rendering the bullish argument ineffective below $1,753. Both the RSI and AO indicators support this outlook, trending southward as momentum continues to weaken. On the flip side, increasing buying pressure is substantial enough to demonstrate Ethereum's ability to overcome the supply barrier mentioned above at $2,009, fostering optimism and potentially propelling ETH back onto the upward trend. This could result in a price increase to $2,136, representing a 10% gain from the current level.
BITSTAMP:ETHUSD
by Larissa-Trader
1
Ethereum Price Signals Potential 60% Surge Ethereum is showing signs of a significant breakout, forming an ascending triangle pattern with three higher lows and three nearly equal highs since June 2022. A decisive weekly close above the $2,000 horizontal resistance could trigger a 43% surge to $2,943. Currently, Ethereum is holding above the support of the Momentum Reversal Indicator (MRI) at $1,936, indicating potential strength. If Bitcoin's price remains stable, Ethereum is expected to rally towards $2,943, facing resistance at $2,539. While the target is theoretically $2,943, Ethereum could surpass this and reach $3,186, implying a 60% increase. Conversely, a failure to maintain support above $1,936 may lead to a correction towards $1,795. A weekly close below $1,547 would invalidate the bullish scenario, potentially pushing Ethereum down to $1,309.
BITSTAMP:ETHUSD
by Larissa-Trader
1
"Ethereum Maintains Strong Position Above $1,935 Support Level" Ethereum's price maintains its position above the crucial $1,935 support level, which could spell doom for ETH if breached. With the RSI tilting upwards and AO staying in the positive zone, ETH may extend its upward trajectory, recovering above the $2,029 support to follow the upward trend. This could propel the second-largest cryptocurrency by market capitalization to reach its highest point at $2,136. However, in the face of increased selling pressure, Ethereum's price might dip below the $1,935 support. A decisive move below this level would confirm a downtrend, with ETH potentially testing the 25-day or 50-day EMA at $1,892 and $1,806, respectively. In a more bearish scenario, Ethereum's price could target the 100-day EMA at $1,763, and breaking and closing below this level would invalidate the bullish argument below the $1,753 support. Read also: Ethereum Price Prediction: Ascending Triangle Pattern Evaluates $4,000 Target for ETH in 18 Months.
BITSTAMP:ETHUSD
by Larissa-Trader
Ethereum's Potential to Reach $2000 TargetEthereum has potential to reach the $2000 target. While it is important to approach such predictions with caution, there are several factors that suggest this milestone could be within reach. This idea aims to provide you with an overview of these factors and encourage you to consider a long position on Ethereum. 1. Market Momentum: Over the past few months, Ethereum has displayed remarkable resilience and has consistently demonstrated an upward trend. Despite occasional volatility, the overall market sentiment towards Ethereum remains positive. This consistent growth is a promising sign for traders who are looking to capitalize on potential long-term gains. 2. Institutional Adoption: Ethereum has gained significant traction among institutional investors, with major financial players showing a growing interest in this digital asset. The increased institutional adoption not only adds credibility to Ethereum but also paves the way for further growth and stability. This trend indicates that Ethereum's potential is being recognized by established financial institutions, which could potentially drive up its value. 3. DeFi and Smart Contracts: Ethereum's blockchain serves as the foundation for a multitude of decentralized applications (dApps) and smart contracts. The explosive growth of the decentralized finance (DeFi) sector has significantly increased the demand for Ethereum, as it remains the preferred platform for most DeFi protocols. As the DeFi space continues to expand and mature, Ethereum is likely to experience increased utility and demand, potentially driving its value higher. Considering these factors, it is crucial to approach this potential opportunity with a cautious mindset. While Ethereum's growth has been impressive, the cryptocurrency market is inherently volatile, and past performance does not guarantee future results. It is essential to conduct thorough research, assess your risk tolerance, and consider consulting with a financial advisor before making any investment decisions. If you are interested in exploring a long position on Ethereum, I encourage you to carefully analyze the market, monitor the latest news and developments, and consider setting stop-loss orders to mitigate potential risks. Additionally, staying updated with market trends and being prepared to adapt your strategy accordingly will be key to maximizing your chances of success. As always, please remember that this idea is not financial advice, and you should conduct your own due diligence before making any investment decisions.
BITSTAMP:ETHUSDLong
by bryandowningqln
ETHLeading cryptocurrencies Bitcoin (BTC), Ethereum (ETH) and XRP are showing significant gains, according to data from CoinStats. Today, BTC was up 0.91%, trading at $35,171, with expectations of breaking the $35,612 resistance. If this level is surpassed, BTC is likely to reach $36,000 by the end of this week. On the other hand, ETH outperformed other cryptocurrencies with a gain of 1.73% and is currently trading at $1,909. If ETH surpasses yesterday's peak, it is predicted to hit the critical $2,000 zone by mid-November.
BINANCE:ETHUSDLong
by Willsonnnn
The key is whether it can rise above 1848.78Hello? Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (ETHUSDT chart) As the price of BTC rises, ETH is also showing a rise. Since ETH is the coin that occupies the second largest share in the coin market after BTC, the rise of both coins may mean that the coin market is showing an upward trend. Therefore, in normal market conditions, BTC and ETH often show rising trends alternately. The upward trend of BTC and the upward trend of ETH are different. While BTC's bull run is likely to continue, ETH's bull run is short-lived. Therefore, I think it will be helpful to modify your trading strategy by checking which coin is leading the market. (1M charts) The key is whether it can rise above 1941.9 and escape the downward trend line. (1W chart) The key is whether the price can be maintained above 1783.0 and rise above 2096.39. Even if it falls below 1678.12, it is expected to rise as long as it does not fall below the downtrend line. (1D chart) Looking at the big picture, it is currently forming a large box section and showing sideways movements in that section. Accordingly, the key is which direction to break through this box section. It touches around 1848.78 and is located near the M-Signal indicator on the 1M chart. Therefore, the key is whether it can be supported and rise in the 1714.26-1796.99 range. Even if it rises above 1848.78, it is important to be able to receive support in the next box section, 1923.03-2104.60 section. -------------------------------------------------- - The big picture The full-fledged upward trend is expected to begin when the price rises above 29K. This is the section expected to be touched in the next bull market, 81K-95K. -------------------------------------------------- ------------------------------------------- ** All explanations are for reference only and do not guarantee profit or loss in investment. ** Trading volume is displayed as a candle body based on 10EMA. How to display (in order from darkest to darkest) More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA ** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own. ** This chart was created using my know-how. ---------------------------------
by readCrypto
Need to make sure it is supported around 1597.70Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ETHUSDT chart) The key is whether it can rise with support around 1597.70. If not, you need to make sure it is supported around 1294.46-1340.12. As the decline progresses, there is a possibility that the HA-Low indicator on the 1D chart will rise and be created. If an HA-Low indicator is generated, it is important to have support around it. ------------------------------------------ Below BTC 29K, it is a section where BTC or ETH is intensively bought. Therefore, it is recommended to proceed with the 1st purchase of altcoins from a mid- to long-term perspective. Market cap charts appear to be in a slightly volatile state. Therefore, we will publish the analysis of the Market cap chart when things are normal. USDT is a stablecoin that shows great influence on the coin market. As this USDT begins to gap down, the coin market appears to be entering a profit taking period. So, for this state to end, USDT's downtrend must stop. ------------------------------------------ (ETHKRW chart) The key is whether it can rise with support around 2109000-2208000. If not, you need to check if there is support around the HA-Low indicator on the 1D chart. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** The trading volume indicator is displayed as a candle body based on 10EMA. Display method (in order of boldest) More than 3x 10EMA trading volume > 2.5x > 2.0x > 1.25x > trading volume below 10EMA ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
Whether it can rise above 1870.09 is the keyHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- ** The formula of the RSI indicator that composes the chart indicator has been changed. ** Therefore, support and resistance points are marked differently from previous charts. ** It is recommended that those who use this chart start by sharing the ideas published today. (Reason for change: Changed the formula to be compatible with the index value of the exchange chart.) (ETHUSDT chart) Looking at the big picture, the question is whether it can rise above 1870.09-1933.53. (1D chart) The question is whether it can rise above 1857.66-1889.58. If not, you should check for support around 1777.05 or the HA-Low indicator on the newly created 1D chart. This is a period of volatility until August 11th. So, after a period of volatility, we need to see if it can rise around 1870.09. The StochRSI indicator is looking to enter the overbought zone, so if it fails to hold the price close to 1870.09, I would expect a bearish trend. ------------------------------------------- (ETHKRW chart) The key is whether it can be supported around 2431000 and rise above 2510000. If it drops below 24231000, you should check for support around 2208000. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
2
Need to check whether it is supported or resisted around 1913.79hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (ETHUSDT chart) (1M chart) Looking at the 1M chart, As long as the rate does not fall below the MS-Signal indicator and the downtrend line, I expect the price to maintain its uptrend. From a long-term perspective, the time to buy in earnest is when the HA-High indicator on the 1M chart touches and rises. Accordingly, it is necessary to check whether the price is maintained by rising above the current position of 3321.30 or above the newly created HA-High indicator. (1W chart) Looking at the 1W chart, Most notably, the Bollinger bands began to contract. Accordingly, it can be clearly seen that the possibility of large volatility is increasing in the future. The section consisting of the HA-High indicator on the 1W chart and the 1862.0 point corresponds to the 1st support section. 2nd support section: around 1611.62 3rd support section: 1168.36-1338.65 As the price is holding above the HA-High indicator, it is more likely to break the previous high. Whether the previous high will be at 2141.54 or 3582.10 is yet to be seen. However, if the price stays above the HA-High indicator on the 1W chart and the Bollinger bands start to expand, a rise above 3582.10 is expected. (1D chart) Looking at the 1D chart, the HA-High indicator on the 1D chart is rising again and is about to be created. Accordingly, the key is whether it can receive support around 1913.79 and rise. If it starts to rise, we need to see if it can rise above 2074.00. When looking at the combined support and resistance points on the 1M, 1W and 1D charts, the 1572.69-1879.61 section is an important one. Therefore, if the price is maintained above this range, it is expected that it will eventually show an upward trend. The target zone for this uptrend is the 2531.05-2871.13 zone. Therefore, the 2531.05-2871.13 area is likely to be an important resistance area for the previous high on the 1W chart to reach the 3582.10 point. For ETH to trend up, the money flow in the coin market, i.e. BTC dominance, must trend down. Therefore, when looking at the flow of BTC or ETH, it is recommended to look at the Market Cap chart (USDT, USDC, BTC.D, USDT.D) together, if possible. ------------------------------------------ (ETHKRW chart) The sideways range on the 1M chart is 1911000-2920000. The important support range on the 1W chart is 2370000-2487000. Looking at the 1D chart, The HA-High indicator on the 1D chart is expected to be created at the 2546000 point. Accordingly, the key is whether the price can be sustained by rising above 2546000-2574000. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
3