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Currency: ETH Price: 3265.249(-1.27%) High: 3308.54 Low: 3224.98 Vol(24h):$26135036.8
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Currency: MEMEFI Price: 0.004064(📈0.34%) High: 0.004161 Low: 0.003912 Vol(24h): $24375.81
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The case for heightened ETH volatility is strengthened by the recent sharp rise in open interest for the digital asset. Some crypto analysts are confident that ETH will re-test some of its crucial resistance levels before further upside movement. For instance, crypto analyst Carl Runefelt recently opined that if ETH breaks the $2,640 resistance level, it could initiate a significant price rally.ETH trades at $2,663 at press time,down 2.4% in the past 24 hours.
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#ETH to catch up on $3500▼ BTC) and rise up to Imo ETH) completed it's local accumulation and ready to switch the short-term trend for the Bullish
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Comment your altcoin, and I will make a technical analysis for you! Bitcoin is almost ready to start a new and last huge wave to the upside! My target is around 130k for multiple reasons, which I will tell you in this analysis. But what happens after Bitcoin hits 130k? We all know that Bitcoin is extremely volatile, and during its bearish cycles, a 70% - 80% is standard.We can definitely expect a crash from 130k to 60k in the next bearish cycle to retest the current bullish flag (that you can see on the chart). That's why it's very important for you to take profit and potentially enter a long-term short position on futures! Why is 130K important? First we have the 0.618 fibonacci extension measured from wave 1+3 -> wave 4. Also, we have the long-term trendline of this bullish cycle, which is even stronger dynamic resistance level! From the Elliott Wave perspective, we need to complete this impulse wave and make the last wave 5! This wave 5 already started at 49k in August. On the chart, we can see 2 42
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