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TalhaRana
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$PENGU There are very few coins that have a market cap in the Billion-Dollar only 2 day (launching)
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Ethereum (ETH), which has been lagging behind Bitcoin in 2024, is showing bullish signals. CryptoQuant analysts argued that the ETH price could rise above $5,000 with increasing on-chain activity and institutional demand. CryptoQuant analysts have claimed that Ethereum’s price could surpass $5,000 if current supply-demand dynamics continue, supported by strong on-chain metrics and investor interest. Analysts stated that spot Ethereum ETFs, daily transactions, total supply and high network activity will be effective in the rise in ETH. Spot Ethereum ETFs recorded a 13-day streak of inflows on Wednesday, reaching nearly $2 billion in cumulative net inflows. In addition, the total number of daily transactions has been hovering between 6.5 million and 7.5 million over the past few months. The total supply of ETH also reached its highest level since April 2023. “If current demand and supply dynamics continue, ETH could rise above $5,000. Based on the realized price of ETH, the current upper limit for the price of ETH is around $5,200. “This upper bound marked the peak for ETH in the 2021 bull run. However, this upper price band continues to rise as new market participants purchase ETH at higher prices.” Ethereum continues to trade at $3,950 at the time of writing. *This is not investment advice.
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What you think ❔ Technical Analysis of DOGS/USDT on Binance 🚀 📉 Current Price: $0.0007628 (+2.12% change) The DOGS/USDT pair is showing a slight upward movement. Let’s take a closer look at the key levels and targets 🎯 to monitor for potential price movements: 📈 Key Levels to Watch: 1. Target 1: Resistance at $0.0007900 🔝 The 24-hour high of $0.0007900 is a critical resistance level. If the price breaks above this resistance with strong volume, we could see further upward momentum. Watch for a breakout above $0.0007900 for a continuation of the bullish trend. 2. Target 2: Support at $0.0007444 📉 The 24-hour low of $0.0007444 serves as a potential support level. If the price retraces to this level, it may hold and provide a good entry point for those looking for a reversal. A bounce from this area could lead to a return to higher levels. 3. Target 3: Parabolic SAR at $0.0009326 🌟 The Parabolic SAR is currently at $0.0009326, suggesting a potential trend shift if the price reaches this level. If the price fails to break above this level, it could signal a slowdown or reversal in the upward momentum. 📊 Additional Insights: 24h High: $0.0007900 24h Low: $0.0007444 24h Volume (DOGS): 48.93B DOGS 24h Volume (USDT): 37.37M USDT 🚀 Conclusion: DOGS/USDT is showing some positive price action, and key levels to monitor are the resistance at $0.0007900 and support at $0.0007444. A breakout above resistance could signal further gains, while the support level provides a potential bounce opportunity. Keep an eye on the Parabolic SAR at $0.0009326 for a potential trend change. 💡 Disclaimer: This is not financial advice. Always conduct your own research (DYOR) before making any trading decisions.
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Participation Rewards: During the Campaign Period, use the Binance Web3 Wallet to participate in and complete tasks within the TON ecosystem for a chance to share rewards, including NFTs, tokens, points and in-game assets from various projects. New User Exclusive: New users who join using an affiliate referral code from projects have a chance to receive a $5 reward. Winners are selected based on their Binance UID matching the last BNB block hash on the campaign's closing date.
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