SaylorBTCpurchasehgfg
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$ETH
Breaks Out — $3K Target Now in Sight!
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Ethereum rose after finding support around $2,500. ETH$ETH is soaring and may break $2,750 barrier.
Ethereum rallied over $2,550 and $2,620.
The price is over $2,540 and the 100-hour SMA.
On the hourly ETH/USD chart, a positive trend line connects to $2,550 support.
If it breaks $2,750, the pair may strengthen.
Ethereum Price Rises
Ethereum price rose as Bitcoin hit a record high. ETH bulls pushed the price over $2,600 barrier at $2,500.
Prices rose beyond $2,620 and $2,650. Price topped $2,720. With a high of $2,731, the price is consolidating gains above the 23.6% Fib retracement line of the upward advance from $2,442 swing low to $2,731.
Ethereum is over $2,675 and the 100-hour SMA. On the hourly ETH/USD chart, a positive trend line connects to $2,550 support.
Price may find resistance at $2,740 on the upside. Around $2,750 is the next major resistance. Near $2,800 is the first significant resistance. A clean break over $2,800 might push the market above $2,840.
Above $2,840 barrier might lead to greater advances in the following sessions. Ether may increase to $2,920 or $3,000 soon.
Are ETH dips limited?
Ethereum may fall again if it fails to break $2,750. Around $2,675 is first downward support. First big support is between $2,550 and the trend line. The upward rise from the $2,442 swing low to the $2,731 high is around the 61.8% Fib retracement line.
A decisive break below $2,550 might bring the price beyond $2,500. If losses continue, the price may reach $2,450 support. Next important support is $2,420.
Tech Indicators
Hourly ETH/USD MACD is rising in the positive zone.
Hourly ETH/USD RSI is over 50.
Major Support: $2,550
Major Resistance: $2,740
#ETHMarketTrends tWatch #BTCBreaksBarrier sATH110K #SaylorBTCpurchasehgfg se #DinnerWithTrumph mp $ETH
Breaks Out — $3K Target Now in Sight!
---
Ethereum rose after finding support around $2,500. ETH$ETH is soaring and may break $2,750 barrier.
Ethereum rallied over $2,550 and $2,620.
The price is over $2,540 and the 100-hour SMA.
On the hourly ETH/USD chart, a positive trend line connects to $2,550 support.
If it breaks $2,750, the pair may strengthen.
Ethereum Price Rises
Ethereum price rose as Bitcoin hit a record high. ETH bulls pushed the price over $2,600 barrier at $2,500.
Prices rose beyond $2,620 and $2,650. Price topped $2,720. With a high of $2,731, the price is consolidating gains above the 23.6% Fib retracement line of the upward advance from $2,442 swing low to $2,731.
Ethereum is over $2,675 and the 100-hour SMA. On the hourly ETH/USD chart, a positive trend line connects to $2,550 support.
Price may find resistance at $2,740 on the upside. Around $2,750 is the next major resistance. Near $2,800 is the first significant resistance. A clean break over $2,800 might push the market above $2,840.
Above $2,840 barrier might lead to greater advances in the following sessions. Ether may increase to $2,920 or $3,000 soon.
Are ETH dips limited?
Ethereum may fall again if it fails to break $2,750. Around $2,675 is first downward support. First big support is between $2,550 and the trend line. The upward rise from the $2,442 swing low to the $2,731 high is around the 61.8% Fib retracement line.
A decisive break below $2,550 might bring the price beyond $2,500. If losses continue, the price may reach $2,450 support. Next important support is $2,420.
Tech Indicators
Hourly ETH/USD MACD is rising in the positive zone.
Hourly ETH/USD RSI is over 50.
Major Support: $2,550
Major Resistance: $2,740
#ETHMarketTrends tWatch #BTCBreaksBarrier sATH110K #SaylorBTCpurchasehgfg se #DinnerWithTrumph mp $ETH
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#SaylorBTCpurchasehgfg
This refers to the Bitcoin purchases made by Michael Saylor, the co-founder of MicroStrategy, who has become a prominent figure in the world of cryptocurrencies. Since 2020, Saylor has adopted a bold investment strategy by converting a significant portion of his company's assets into Bitcoin, considering it a "safe digital asset that surpasses gold." Every purchase he makes garners market interest and significantly impacts the price of Bitcoin. To date, MicroStrategy owns hundreds of thousands of Bitcoins, making it the largest publicly traded company holding it. Some view Saylor's moves as an indicator of institutional confidence in Bitcoin's future, while others see it as a high-risk venture. However, it is certain that Saylor has played a pivotal role in marketing Bitcoin as a strategic investment asset.
This refers to the Bitcoin purchases made by Michael Saylor, the co-founder of MicroStrategy, who has become a prominent figure in the world of cryptocurrencies. Since 2020, Saylor has adopted a bold investment strategy by converting a significant portion of his company's assets into Bitcoin, considering it a "safe digital asset that surpasses gold." Every purchase he makes garners market interest and significantly impacts the price of Bitcoin. To date, MicroStrategy owns hundreds of thousands of Bitcoins, making it the largest publicly traded company holding it. Some view Saylor's moves as an indicator of institutional confidence in Bitcoin's future, while others see it as a high-risk venture. However, it is certain that Saylor has played a pivotal role in marketing Bitcoin as a strategic investment asset.
$BTC this move, Saylor solidifies his long-term bullish stance on Bitcoin as a store of value and digital gold. MicroStrategy now holds over 150,000 BTC, making them one of the largest corporate Bitcoin holders.
🔹 Why it matters:
Saylor's firm has been accumulating Bitcoin since 2020, showing confidence in the asset’s potential for future growth.
The recent purchase comes amid growing institutional interest and wider acceptance of Bitcoin in the global financial landscape.
Bitcoin enthusiasts are watching closely, as this move could signal more companies following suit in diversifying their treasuries into Bitcoin.
#SaylorBTCpurchasehgfg hv by now they are going into a recession as a whole with the current situation is very unlikely and they will have a hard sell out soon and they are not ready for it yet but the price will go down soon and they are
🔹 Why it matters:
Saylor's firm has been accumulating Bitcoin since 2020, showing confidence in the asset’s potential for future growth.
The recent purchase comes amid growing institutional interest and wider acceptance of Bitcoin in the global financial landscape.
Bitcoin enthusiasts are watching closely, as this move could signal more companies following suit in diversifying their treasuries into Bitcoin.
#SaylorBTCpurchasehgfg hv by now they are going into a recession as a whole with the current situation is very unlikely and they will have a hard sell out soon and they are not ready for it yet but the price will go down soon and they are
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