2024-6-8 16:30 |
A crypto analyst, thescalpingpro” on X, has identified a striking similarity between the current Ethereum (ETH) price structure and the pattern that preceded the cryptocurrency’s meteoric rise in the previous market cycle. Drawing parallels from the 2020 bull run, when Ethereum’s value skyrocketed from around $300 to a peak of $3,900, the analyst suggests that the digital asset may be poised for another substantial surge.
According to the analyst’s chart, the price of Ethereum, which is currently hovering around $3,680, is forming a pattern close to the one that triggered the last 13x spike. This similarity has sparked speculation that history could repeat itself, potentially leading to a significant price appreciation for the second-largest cryptocurrency by market capitalization.
.rh-colortitlebox{margin-bottom:30px;background:#fff;line-height:24px;font-size:90%}.rh-colortitlebox .rh-colortitle-inbox{display:flex;align-content:center;padding:15px;font-weight:700;font-size:110%; line-height:25px}.rh-colortitlebox .rh-colortitle-inbox i{line-height:25px; margin:0 10px; font-size:23px}.rh-colortitlebox .rh-colortitle-inbox svg{width:25px;margin-right:10px}.rh-colortitlebox .rh-colortitle-inbox-label{flex-grow:1}.rh-colortitlebox .rh-colortitlebox-text{padding:20px}.rh-colortitlebox-text>*{margin-bottom:20px}.rh-colortitlebox-text>:last-child{margin-bottom:0} New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW.rh-toggler-open{height:auto !important} .rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important} .rh-toggler-open .rh-tgl-hide{display:block !important} .rh-tgl-show, .rh-tgl-hide{cursor:pointer} .rh-contenttoggler *{box-sizing: border-box !important} .rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;} .rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}Milei Moneda is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president known for his libertarian and pro-Bitcoin stance. You have an opportunity with the ongoing low presale price to get in early!
Sponsored
Show more +Show less –Read Also: Sei Crypto Price Gearing For New All-Time High: But This Key Resistance Must Break First
Key Levels to WatchFurther analysis of the Ethereum chart reveals crucial support and resistance zones that traders should monitor closely. The first major resistance level is identified at approximately $3,870. If the price manages to break through this level, it could potentially surge towards the next resistance level at $4,070. A decisive move above this threshold could pave the way for even higher gains.
However, it’s important to note that the market remains unpredictable, and a bearish scenario cannot be ruled out. If the current support level of around $3,650 fails to hold, the price of Ethereum could potentially retrace to the $3,200 level.
Join Aethir’s exclusive airdrop and earn badges by participating in events or holding community tokens. Complete tasks and secure your spot before the snapshot date is revealed!
Check $RECQ Meme Coin Sponsored: Invest Responsibly, Do Your Own Research. Buy RECQ Today Serves as the base currency for all transactions within the Rebel Satoshi platformICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
The post Price Action that Triggered the Last Ethereum 13x Spike Reemerges: Key Levels to Watch appeared first on CaptainAltcoin.
origin »Ethereum (ETH) на Currencies.ru
|
