$ORDI
It’s not forming any clear pattern, but based on the Fib retracement, price is currently sitting in the golden entry zone around the 0.5–0.618 level.
Also, the 100 MA, which previously acted as strong resistance, is now working as support.
This setup looks interesting because of the tight stop-loss and high reward potential.
I’ve entered the trade with this logic.
Let’s see how it plays out
👀
#ORDI #Cryptocurencies #CRYPTOMOJO_TA
$BNB
{spot}(BNBUSDT)
The current price of Binance Coin (BNB) is approximately $688.84 USD, with a market cap of around $99.20 billion USD, making it one of the top cryptocurrencies by market capitalization. In the last 24 hours, BNB has seen a trading volume of about $1.89 billion USD and has experienced a slight decrease of around 0.78% in value. Over the past week, BNB has risen by approximately 2.79%, and over the last year, it has increased by about 12.74%. Its all-time high was $793.86 USD on December 4, 2024, and its all-time low was $0.50 USD on November 6, 2017.
BNB is the native token of the Binance ecosystem, used for paying transaction fees on the Binance exchange (with discounts), staking, and participating in token sales. It operates on the BNB Chain, which supports smart contracts and decentralized applications (dApps). Binance conducts regular token burns to reduce the total supply (initially 200 million, now around 140.89 million in circulation), which can support price stability. Recent posts on X highlight strong activity on the BNB Chain, with over 8.8 million transactions and $1.89 billion in volume in a single day, indicating robust ecosystem growth.
For real-time updates, you can check platforms like Binance, CoinMarketCap, or CoinGecko. Would you like me to analyze a specific aspect of BNB, such as its price trends or ecosystem developments?
Very Important Signal for Altcoin Rally!
According to CryptoQuant data, Ethereum’s price ratio against #Bitcoin has increased by 38% in the last week.
This ratio has recovered from the lowest levels seen since January 2020. In other words, #Ethereum may be breaking out of historical lows.
In particular, the ETH/BTC MVRV metric has fallen to such low levels for the first time since 2019.
Historical data shows that such declines coincide with periods when Ethereum made a serious rally against $BTC
Not only the price charts but also the on-chain data are giving positive signals for Ethereum.
The ratio of ETH’s spot trading volume to BTC has increased rapidly since last week, reaching 0.89. This ratio is the highest level since August 2024.
In addition, the decrease in the amount of $ETH sent to exchanges suggests that selling pressure is also decreasing.
CryptoQuant states that this metric is currently at its lowest level since 2020. This shows that investors prefer to hold their Ethereum rather than sell it on exchanges.
Investor interest is not just on the retail side.
Institutional demand for Ethereum-based ETFs has increased since the end of April.
Analysts attribute this rise to both Ethereum’s new updates and macroeconomic improvements.
CryptoQuant’s comment is clear:
“This bottom in Ethereum against Bitcoin has historically created serious opportunities. And a similar structure may be forming right now.”
Despite Bitcoin’s long-standing market leadership, Ethereum’s strength in on-chain metrics suggests a new era may be beginning for ETH.
With the combination of reduced selling pressure, increased ETF demand, and rising spot volumes, Ethereum is poised to re-emerge against Bitcoin.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @SCdeNostradame
#EthereumSecurityInitiative #MastercardStablecoinCards #BinancePizza