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CryptorInsight
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Haussier
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The smell of a market explosion is in the air!
$BNB
up 1.37% ($730),
$ETH
+2.92% ($3,600),
$XRP
soaring 4.36% ($3.63).
Alt season incoming! 🚀
Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé.
Consultez les CG.
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Challenge accepted! Trade $ERA on Binance Futures and get a piece of 130,000 $ERA ! Join here #BinanceFutures #ERA
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$BNB is indeed showcasing immense strength, relentlessly driving towards a new all-time high (ATH)! With robust momentum and a clear uptrend across multiple timeframes, Binance Coin is demonstrating its powerful market position and its ambition to set fresh records, even as Bitcoin $BTC experiences a phase of consolidation.
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Given $ETH current strength and the bullish structure on the chart, it is poised for further upside once the short-term overbought conditions alleviate. Immediate Target: $3,680 - $3,750 🎯 $ETH will aim to decisively break and hold above its recent 24-hour high of $3,673.84. Extended Rally: $3,800 - $4,000 🎯 If the momentum sustains after clearing the immediate resistance, these significant psychological and technical levels become the next major targets. A push towards $4,000 would be a key milestone.
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$ETH is showing significant bullish momentum on the 4-hour chart, consolidating its position and attempting to break past its recent 24-hour high of $3,673.84. The price is well above all key moving averages, with the MA(7) at $3,552, MA(25) at $3,282, and MA(99) at $2,852 , all aligned bullishly and acting as strong support. This indicates a powerful underlying uptrend. Volume remains consistent, supporting the upward movement. However, the RSI(14) is high at 76.88, indicating overbought conditions in the short term. In contrast, $BTC is currently in a correction phase, trading around $117,681 and its RSI is neutral at 45.81. This divergence highlights $ETH independent strength.
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$ETH is demonstrating remarkable strength, defiantly pushing higher even as Bitcoin $BTC undergoes a correction. This impressive resilience underscores Ethereum's robust fundamentals and its potential to lead the altcoin market independently, setting the stage for its next price discovery phase.
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