Posted on 27. März 2023 in Allgemein
• Bitcoin and Ethereum prices are expected to increase significantly in the coming week.
• Both cryptos have seen massive gains over the last few weeks, leading to high anticipation among traders.
• The current market sentiment is bearish, but investors are still betting on long-term gains as trading volume and buying pressure increases.
The crypto market is abuzz with excitement as Bitcoin and Ethereum, two of the most popular cryptocurrencies, appear to be poised for significant price momentum in the upcoming week. Over the last few weeks, these two leading cryptos have seen some massive gains, and investors are now eagerly awaiting an extended bullish rally to maximize their gain.
Amid high banking crisis and crypto market’s regulatory concerns, Bitcoin and Ethereum prices continue to surge towards new highs. Despite overall bearish market sentiments, investors are still betting on long-term gains on BTC and ETH as there is an astronomical spike in trading volume and buying pressure that could lead to a new bull run next week.
Bitcoin recently reached a new nine-month high by surging past $29K, but this was short-lived as the asset experienced a sharp retracement not long after. Weekend trading remained relatively stable as traders awaited a break before the resumption of traditional finance markets which led to a lack of usual volatility. As of writing, BTC price trades at $27.5K with a decline of 2% in the last 24 hours. The weekly price chart indicates that Bitcoin will likely consolidate below $30K for the next few days before it eventually breaks out above this level next week and heads toward crucial resistances at $34K-$38K.
Ethereum’s price closely mirrors that of Bitcoin’s with multiple successful breaches of key resistance levels including $800 earlier this month that allowed buyers to push its value higher than ever before towards its all-time high at around $1,448 achieved back in 2018. However due to intense selling pressure near this mark ETH has seen some retracements back down towards its current value at around $1,200 although it remains supported above $1k for now .As per technical analysis , if ETH manages to break through resistance level of 1$400 it should reach up till 1$450 – 1$500 range easily in coming days .
It is clear from both Bitcoin’s and Ethereum’s performance over recent weeks that they remain attractive investment opportunities despite overall bearish sentiments across other financial markets globally due to their potential for significant returns even during periods when traditional markets experience consolidation or declines . It appears likely that these two coins could see another surge next week so traders should definitely keep an eye out for any opportunities arising from possible breakouts above key resistances levels like those indicated earlier .
Posted on 20. März 2023 in Allgemein
• Ethereum recently hit a 9-month high of $1800 as the crypto continues to remain under a bullish influence.
• An analyst predicts that a pullback to $1680-1725 is required before prices can reach beyond $2000.
• A hard fork in Shanghai may soon induce strength within the bulls who might trigger a rebound if prices drop.
The leader of DeFi space has been maintaining a steady rise since the start of 2023, with 54% growth and 32% recovery in the past few days. Ethereum’s price has been consistently rising since then, becoming more resilient against bearish price movements. Currently, ETH is hovering near its all-time high of over $1800, indicating its preparedness for further bullish action and possibly reaching beyond $2000 in the future.
Popular crypto analyst Michael van de Poppe believes that ETH should undergo a retest before hitting new highs above $2000. He suggests that resistance will be at around $1850 and then likely pullback to somewhere between $1680 -$1725 before continuing its upward trend towards its target value.
The upcoming Shanghai hard fork could potentially provide strength to the ETH bulls who might use it to rebound if prices dip below expected levels during the retest period mentioned above. This could lead to an increase of Ethereum prices beyond their current value of $1800 and eventually surpassing the benchmark of 2000 USDT in the near future.
In conclusion, Ethereum looks set for further bullish action regardless of whether or not there is a minor pullback beforehand. The hard fork in Shanghai may very well provide enough strength for bulls to rebound from any dips experienced during this time, eventually leading up to soaring new heights past 2000 USDT in no time!
Posted on 13. März 2023 in Allgemein
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Posted on 6. März 2023 in Allgemein
• Bitcoin (BTC), the world’s most valuable cryptocurrency, has been struggling to maintain its momentum at the $25,000 price point.
• Ankr (ANKR) has gained momentum and Orbeon Protocol (ORBN) continues to pump during presale with tokens priced at $0.0835 in Phase 9.
• Bitcoin (BTC) pumped to a high of more than $60,000 earlier this year but is currently hovering around the $25,000 mark.
Ankr (ANKR) is an innovative Web3 infrastructure platform that provides developers with powerful tools and resources to create decentralized applications (dApps). It offers a suite of decentralized services for DeFi, gaming, eCommerce and more — making Ankr an all-inclusive infrastructure platform. To further highlight its commitment to blockchain technology, Ankr recently announced a strategic partnership with Microsoft for node hosting services. The price of ANKR has risen from $0.015 at the start of 2023 to a current price of $0.3513 — indicating strong potential for Web3 platforms like Ankr in the future.
Bitcoin is widely recognized as the first decentralized digital currency which ushered in the blockchain revolution that we see today. Despite its success over time, Bitcoin hasn’t had a smooth ride and tends to experience wild fluctuations in prices due to market volatility. Earlier this year it shot up to a high of more than $60,000 but is now hovering around the $25,000 mark again after months of decline.
Orbeon Protocol is another emerging project that has been gaining traction lately due to its presale event with new token prices set at $0.0835 during phase 9. This marks an increase from previous phases and suggests strong potential for Orbeon Protocol going forward as it looks to become one of the most comprehensive Web3 protocols available on the market today.
In conclusion, Bitcoin may be struggling right now but other projects such as Ankr and Orbeon Protocol are rising up fast and proving their worth in terms of innovative blockchain solutions and impressive gains in value lately — suggesting that there are plenty of opportunities out there for investors looking for long-term growth potential in 2021 and beyond!