⛓️ Bitcoin From Satoshi’s Era Moves After Years — Two Mysterious Transfers Spotted
On-chain data reveals Bitcoin idle since 15. 3 years ago was relocated. Consider if the transactions include BTC's founder.
Bitcoin from Satoshi's era was transferred twice today. Whale Alert reports two very ancient token transfers on the Bitcoin blockchain in the previous day.
Both transactions were conducted concurrently and used inactive miner wallets from April 26, 2010, almost 15 years ago.
Three miner wallets with 50 BTC each were engaged in this transaction. The coins these wallets mined were worth $0.01 apiece, therefore each 50 BTC stack was worth $0.5. Its worth is now $5.9 million.
Another comparable move utilized two wallets instead of three, transferring the 50 BTC they mined 15.3 years earlier. Given the similarity and simultaneous execution, the same entity presumably executed the maneuvers. However, the recipient wallet differed between transactions.
Since these wallets were operational in 2010, they were Bitcoin's first miners. When people think of that age, Satoshi Nakamato, BTC's pseudonymous founder, comes to mind.
Satoshi began mining from the network's inception, and blockchain data has partly explained their activities. Whale Alert said, “According to our research the two 50 BTC dormant address transactions earlier today were mined at the end of Satoshi's active period (until around block 54,316).
Were the mining wallets in the last two transactions connected to BTC's creator? The analytics group says “it is very unlikely the blocks were mined by Satoshi.”
They probably lost access to the wallets. Even the strongest diamond hands fracture, thus really ancient coins frequently age by accident. These old addresses breaking their silence were likely just uncovered.
💵 Tether Rakes In $5.7B in H1 2025 — Stablecoin Giant Sets New Profit Record
The biggest stablecoin, USDT, was created by Tether, which reported a $4.9 billion net profit in Q2.
Tether Earns $5.7 Billion H1 2025. According to the research, this profitability jump occurs as over $13.4 billion in new USDT is issued, increasing the total circulating supply to over $157 billion—a $20 billion increase since January.
Tether had $127 billion in US Treasuries at the end of Q2 2025, $105.5 billion in direct holdings and $21.3 billion in indirect assets.
Tether's shareholder capital remained steady at $5.47 billion, assuring long-term viability and solvency.
Tether earned $5.7 billion in the first half of 2025, with $3.1 billion from recurring profits. This record shows Tether's operational strength and revenue stability, excluding mark-to-market contributions from gold and Bitcoin (BTC) assets, which totaled $2.6 billion.
CEO Paolo Ardoino Highlights On its financial foundation, Tether indicated that it had put a considerable percentage of its income in long-term efforts.
The corporation has invested more in these initiatives in the previous six months, showing its commitment to basic infrastructure.
Tether has $162.6 billion in assets and $157.1 billion in liabilities as of June 30, 2025, with most liabilities related to digital tokens. A positive financial outlook is provided by the company's assets exceeding its obligations.
Tether CEO Paolo Ardoino said, “Q2 2025 affirms what markets have been telling us all year: trust in Tether is accelerating. With over $127 billion in US Treasury exposure, strong Bitcoin and gold reserves, and $20 billion in fresh USDT, we shape global demand.
He continued, “Tether is a living, proven model of stablecoin innovation: transparency, resilience, and massive global reach as regulators formalize digital dollar frameworks. The objective of USDT to assist billions access US dollar stability has never been more vital or relevant.
XRP is above a major support at $2.99, but a closure below would send it to $2.78.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices are weakening as bearish gather momentum. BTC and ETH fall below crucial support levels, while XRP remains around a critical level, suggesting near-term bearish swings.
On Thursday, bitcoin price broke below its lower consolidation barrier of $116,000, completing a 16-day consolidation period and suggesting a market move. On Friday, it was approximately $115,800.
BTC may retest the 50-day EMA at $112,961 if it continues to fall.
BTC might return to its consolidation range upper limit at $120,000.
Ethereum bears target $3,500 Thursday, Ethereum fell over 3% below its daily support level of $3,730. On Friday, it was approximately $3,700.
If ETH keeps falling, it might reach $3,500, the next support.
However, ETH might rebound to its psychological threshold of $4,000.
XRP may fall if it breaks $2.99 support. XRP fell 11% the day after breaking below $3.40, the daily support level. It rebounded 3.43% over the weekend after retesting its 61.8% Fibonacci retracement at $2.99 on Friday. After starting the week on Monday, XRP fell 6.43% till Thursday. It now trades at $3, with support around $2.99.
If XRP closes below $2.99, it may fall to its next daily support level of $2.72.
If $2.99 support holds, XRP may rebound to $3.40, its prior support.
🚀 XRP ETF Approval Incoming? Analyst Targets Sept–Oct for Breakthrough
A new SEC action might allow the first US spot ETFs tracking cryptocurrencies like XRP. Traders and investors are eagerly monitoring new regulations to hasten approvals by late 2025. After the regulator approved in-kind formation and redemption for crypto ETPs, this move occurred months later.
New Listing Standards Open Door
The US Securities and Exchange Commission recently filed that any currency having six months of futures trading on Coinbase's derivatives exchange may be an exchange-traded product.
Previously, reviews may take 240 days. Now, they take six months. After filing a regulation change, exchanges have 75 days. This change simplifies the XRP ETF and equivalent product route.
Also important are in-kind creation and redemption developments. This shift allows approved participants to create or redeem ETF shares using bitcoin instead of cash, according to crypto lawyer Bill Morgan.
The adjustment lowers settlement costs and aligns crypto ETPs with gold and commodities ETPs. Market makers may back ETFs with genuine tokens, saving steps.
Bloomberg analyst Eric Balchunas estimates 85% clearance for an XRP ETF in September or October 2025. He says the road becomes clearer after XRP, Dogecoin, and Solana reach the six-month futures level. Even after procedural delays, prediction markets support his opinion with chances at 86%.
The XRP market cap is $183 billion. TradingView chart Balchunas and his staff monitored every file and regulation change. They think new listing criteria are the last hurdle. Issuers only require SEC approval because numerous cryptocurrency futures trade. Possibly by early September, he says.
Ripple Suit and Deadlines
Ripple's SEC lawsuit remains a major obstacle. According to sources, both parties may abandon appeals before the August 15 status report date. A substantial overhang on XRP ETF applications would be lifted.
💼 Institutions Double Down on ETH — Whale Move From Galaxy OTC Signals Confidence
After a bullish yet turbulent period, Ethereum is reaching key levels again. After rebounding sharply from yesterday's low of $3,675, ETH is trading over $3,800 as traders await a significant move. If ETH breaks over $4,000 barrier, the structure supports continuation despite short-term volatility.
This mark currently separates stabilization from a move to new highs. A verified breakout would certainly boost cryptocurrency market bullishness. Price stays in a narrower range until then, testing trader patience and liquidity.
On-chain data is encouraging. Arkham, a blockchain analytics tool, reports that whales have increased their ETH holdings in recent days. High-cap players' increased confidence suggests greater gains in the months ahead.
It's not another whale maneuver. Strategic buildup was evident when ETH was transferred to a new wallet from a licensed OTC supplier. Ethereum's usefulness, programmability, and potential importance in tokenized finance make institutional allocators confident in its use as conventional finance interacts with crypto.
This large purchase follows a protracted decline. This year, ETH prices fell for months due to selling pressure. Low retail interest and pessimistic sentiment. While the public panicked, savvy players discreetly accumulated throughout the slump.
ETH Consolidates Below Resistance The 4-hour chart shows Ethereum (ETH) trading in a tight range below $3,860.80, a significant resistance level. ETH is above its 50- and 100-period moving averages, $3,756 and $3,629, despite recent market volatility. This implies short-term bullish momentum.
As ETH tests this important horizontal barrier, volume has increased, showing trader interest. Since July 25, the price has failed to close above this level many times, emphasizing its importance. However, the prior week's higher lows suggest hidden buying pressure.
🚀 TRON Sees Surge in Whale Moves — Institutional Confidence Hits New High
TRON Inc. has filed a $1 billion shelf offering with the U.S. SEC, which is good news for TRX investors. The company wants to buy up to 3.1 billion TRX tokens. This move is a huge 849% increase from the company's bulkiest token acquisition of 365 million TRX in June 2025, which was the commencement of a bullish TRX surge.
TRX is now trading at $0.33, which shows that the price is still steady even though it has dropped 2.94% in the previous 24 hours. People who monitor the market are keeping an eye on the $0.35 and $0.40 resistance levels. The all-time high is $0.44.
The shelf sale lets TRON Inc. to build up tokens, which lowers the danger of market disruption while keeping the price steadily rising.
A 526% rise in whale transactions and record-high unrealized gains on the network have helped TRON's strategic development.
TRON Inc. is getting more institutional money after its successful Nasdaq IPO via a $100 million reverse merger with SRM Entertainment. This is similar to how companies like MicroStrategy keep Bitcoin reserves, which might mean a big change in the way blockchain financing works.
Technical signs are still pointing up. TRX is above important moving averages, and momentum indicators like MACD and RSI suggest that prices will stay strong. Analysts say that if the price breaks over $0.35, it might start a rebound above $0.43.
TRON currently has more than $80.8 billion in USDT, more than Ethereum, and it processes more than $20 billion in USDT per day. Its low-cost infrastructure has made it a popular option for stablecoin transactions, which has helped it become more popular for cross-border payments.
Even if there are doubts about how TRON is run and how it is regulated, it keeps growing its DeFi and dApp ecosystems. TRX might be on the verge of a big rise since it plans to buy $1 billion worth of tokens and institutional support is rising.
After rebounding off a critical support level the day before, Ethereum (ETH) traded over $3,800 on its 10th anniversary.
On-chain data reveals whale wallets accumulating ETH tokens in July, while exchange reserves hit a 9-year low. This supply shortage and increased institutional and corporate demand might push prices beyond $4,000.
Ether Machine adds 15,000 ETH
The Ether Machine, an ether creation firm, said on Wednesday that its subsidiary, The Ether Reserve LLC, acquired almost 15,000 ETH at $3,809.9, totaling $56 million, on Ethereum's 10-year anniversary.
The Ether Machine increased its long-term accumulation to 334,757 ETH with this buy. The company stated it can buy more ETH with $407 million.
Institutional demand is growing, although less than in July. SoSoValue data shows that US spot Ethereum ETFs saw a slight inflow of $5.79 million on Wednesday, maintaining their trend of positive flows since July 3. In July, monthly flows hit $5.14 billion, their highest level since debut.
As of Thursday, CryptoQuant statistics show exchange ETH reserves at 18.7 million, continuing the fall from early July 2024. Reserves are at their lowest level since 2016, suggesting weaker investor selling pressure and trade supplies.
Ethereum price rejected just below its $4,000 psychological mark on Monday and fell slightly to $3,730 the following day. ETH recovered Wednesday after retesting this support level. Trading over $3,800 on Thursday, it continues to rebound.
The daily support at $3,730 might help ETH reach its psychological $4,000. A closing over this level might extend advances to $4,488, the December 9, 2021 high.
ETH might drop below $3,500 if it corrects and closes below $3,730, the daily support.
RichQuack is leading the way in the Memecoin Meta on the BNB Chain, which is getting a lot of attention right now! 🚄
It's time to wake up if you've been snoozing through the BNB Chain memecoin scene. The next wave of parabolic growth is coming. Thank god! 🌊
While Ethereum is getting a lot of attention, BNB Chain has quietly become a breeding ground for the next generation of meme superstars. It has cheap fees, transactions that happen very quickly, and a loyal community, making it the best place to start. What about the people who are at the head of the flock? RichQuack, or "QUACK," is the first duck to have style.
RichQuack is genuine; it's not simply a meme. On the other hand, it is a real movement that includes: hyper-deflationary tokenomics Big base for the holder ✅ The influence of memes and excellent branding ✔ A scheme that combines usefulness with a bad attitude
Started in secret mode. Made with humans in mind. Powered by the most ridiculous group of people in cryptocurrencies.
RichQuack has been quietly growing its name, going through ups and downs, making memes, and gaining a loyal following, while new people rush to join in on the fun. The BNB Chain is also becoming more active, which indicates that $QUACK could be ready to explode when the next pump happens.
🚀 Dogecoin Flashes Rare Weekly Bullish Signal — Top Analyst Goes All In!
A weekly chart Ichimoku signal boosted Dogecoin exposure.
Classic Ichimoku mechanics underpin the analyst's call. Technicians call the weekly Tenkan–Kijun cross a bullish Tenkan–Kijun cross because the conversion line passed above the base line. In the graphic, spot price is slightly above the Tenkan and Kijun, supporting his claim that price is “finding support at the Tenkan.”
A momentum-led trend attempt might begin when the Tenkan rises above the slower Kijun in Ichimoku technique. Weekly chart participants tend to take inflections more seriously than intraday chart participants.
The same picture shows DOGE trading below the weekly cloud (Kumo) projected forward, with Senkou Span B approaching $0.28. In classic words, indications below the cloud are weaker than those above it, even when the Tenkan–Kijun cross is bullish. The graphic shows how price gathered around the Tenkan/Kijun zone following a strong green candle in mid-July and two red weekly candles.
On July 31, the analyst stated, “DOGE holding weekly Ichimoku Tenkan and Kijun support so far,” confirming the technical picture. That statement shows how Ichimoku practitioners assess trend health by whether price can close above the Kijun on the specified period and respect the Tenkan on pullbacks.
The weekly chart shows a bullish Tenkan–Kijun cross, and price is seeking to base there while the cloud above remains longer-term resistance. As with Ichimoku analysis, traders will watch the weekly close relative to the Tenkan and Kijun to see whether this early indication will grow into an uptrend.
📉 Pi Network On the Edge — New Token Unlock Could Trigger All-Time Low
At risk of falling below $0.40, near to its all-time low, Pi Network faces rising overhead pressure.
The circulating supply will rise 2.1% in August when 160 million PI tokens are released.
The delayed Pi Network on-ramp service, which lets consumers purchase PI directly, hurts the pricing.
After reaching $0.4364 earlier in the day, Pi Network (PI) falls below $0.4200 on Thursday. The technical picture is gloomy ahead of the 160 million token unlock in August and Onramp Money's delay in PI integration. PI has been down since mid-May.
Monthly August token unlock may boost selling pressure PiScan data shows 161.6 million PI tokens will be released in August, boosting the circulating supply by 2.09%. This monthly unlock is the greatest until December, when 170.5 million PI tokens will circulate.
Sidelined investors anticipating a PI turnaround should be cautious since unlock events enhance selling pressure, enabling investors to book gains.
Onramp Money slows PI integration. Onramp Money said Tuesday that PI integration is ongoing. In the second or third week of August, the on-ramping business will commence PI token sales for fiat currencies.
The business advises against Onramp Money purchases until the social media launch announcement. The Pi Network app shows Banxa and TransFi on-ramp options as of Thursday, although the company has not announced it.
Below its $0.4000 support level, PI faces additional losses. Pi Network is down 17% in July. As of writing, PI is approaching its all-time low of $0.4000 from June 13.
A significant drop below $0.4000 might reach the S1 pivot level at $0.3837 and the S2 level at $0.2585.
Looking up, PI should recoup $0.5000 to reverse the downturn.
⚖️ Bitcoin Bounces, But Resistance Remains Unshaken — What’s Holding It Back?
The crypto market capitalization increased 0.5% to $3.90T after the stock markets and Bitcoin reversed at the end of the day on Wednesday, after plunging to $3.79T after the Fed's important rate decision. Even without big sector breakthroughs, macroeconomic variables continue to impact cryptocurrencies, a pattern that may be considered as market maturity.
Bitcoin bulls again maintained the range's bottom border, which has held for over three weeks, keeping the price from falling below $116K on Wednesday evening. A strong purchasing trend returned the price to $118.6K. The market needs drivers to hit $120K. The US White House report on digital asset development did not excite new purchasers, thus the crypto market followed macroeconomics and conventional finance.
For the first time since April 2023, Ethereum has hit 40% futures market open interest, while Bitcoin's dominance is declining, according to Glassnode.
Since ETH provides staking, Bernstein thinks major firms are selecting it over the first cryptocurrency as an investment vehicle. BlackRock, the world's biggest investment firm, has applied to stake Ethereum in its ETH ETF with the US SEC.
Asia is strengthening crypto laws. Bank of South Korea (BoK) established a crypto market monitoring section. Indonesia has raised cryptocurrency taxes, while Hong Kong has finalized stablecoin laws.
Algeria prohibits bitcoin trade, storage, and mining. New restrictions punish violators with fines and jail time.
International withdrawals from crypto lender Abra have been halted. Crypto enthusiasts worry that the platform will fail like Celsius and BlockFi.
The price of Stellar is moving inside a bullish pennant pattern, which is created by linking the highs and lows of two trendlines. Since this pattern develops during a strong upward price trend and a breakout suggests that the upward momentum will continue, it is favourable to the bulls. By Thursday's time, XLM is trading at around $0.42 inside the pattern.
Stellar pricing is preparing to continue its upward trajectory by trading within a bullish pennant formation.
In the range of $0.40 to $0.36, XLM might be acquired by casual investors.
With favorable financing rates and diminishing retail speculation, on-chain data and derivatives point to a possible bullish continuation.
As of this writing on Thursday, the price of Stellar (XLM) is $0.42, indicating that it may continue to trade in a bullish pennant formation. Positive financing rates and increasing optimistic bets bolster the bullish narrative, while on-chain and derivatives statistics imply that regular traders who have been sidelined may be making place for smart money accumulation. As a side investment, you might consider buying XLM between $0.40 and $0.36, which are support levels. A tighter stop loss would be placed below $0.35, which is its 50-day Exponential Moving Average.
It is possible that XLM's recent climb might reach its all-time high of $0.52 on July 18 if the price breaks above the pennant pattern. Gains might be extended towards its November high of $0.63 if this level is closed successfully above.
The daily chart shows the Relative Strength Index (RSI) at 54, suggesting that bullish momentum is gathering steam after rebounding off its neutral level of 50 and trending higher.
But if XLM does see a correction, the fall might go all the way to its 50-day exponential moving average (EMA) at $0.35.
💥 Bitcoin Poised to Surge — Are the Bulls Taking Over?
Bitcoin remains over $117,500. BTC is increasing and may break $118,600 to gain momentum.
Bitcoin rose well from $116,000. The price is at $118,500 and the 100-hour SMA.
The hourly BTC/USD chart shows a negative trend line with resistance at $118,620.
If it breaks $118,620 barrier, the pair may rise again.
Bitcoin Price Sees Upturn
From $119,796 peak, bitcoin price fell. BTC entered a short-term bearish zone below $119,000 and $118,500.
Bears drove the price below the 50% Fib retracement line of the $114,733 swing low to $119,796 high. The drop accelerated and the price surged approaching the $116,000 bull support zone.
They shielded the 76.4% Fib retracement of the $114,733 swing low to $119,796 high. Prices are climbing beyond $118,000. Bitcoin is reaching $118,500 and the 100-hour SMA.
Close to $118,620 is immediate upward barrier. The hourly BTC/USD chart shows a negative trend line with resistance at $118,620.
First major resistance is at $119,200. Possible next resistance: $119,800. A closure above $119,800 barrier might boost prices. The price may surge to $120,500 barrier. More increases might push the price beyond $122,500. The goal may be $123,200.
Another BTC Drop? Bitcoin may fall again if it fails to break $118,620. Near $117,500 is immediate help. Near $116,250 is the first big support.
The next support is at $116,000. More losses might push the price toward $114,500. BTC may continue to fall below $113,500, the primary support.
The technical indications
The MACD is rising in the positive zone.
Relative Strength Index hourly BTC/USD RSI is over 50.
🔋 ADA Charging Again — Bullish Setup Points to Fresh Rally!
Cardano price rose from $0.7280. ADA is climbing and may break $0.80.
ADA price rose from $0.7280. The price is below $0.80 and the 100-hour SMA. ADA/USD broke over a significant bullish trend line with resistance at $0.7710 on the hourly chart.
If the pair breaks $0.80, it may rise again. Cardano Price Expects Growth
Cardano, like Bitcoin and Ethereum, found support at $0.7280 after a severe fall. ADA began rising over $0.730 after forming a base.
It broke over $0.7450 and $0.7650 barrier. ADA/USD broke above a bullish trend line with resistance at $0.7710 on the hourly chart. Bulls broke the 23.6% Fib retracement barrier of the $0.8557 swing high to $0.7287 low.
Cardano is below $0.80 and the 100-hour SMA. The upswing may encounter resistance between $0.7920 and the 50% Fib retracement level of the bearish move from $0.8557 swing high to $0.7287 low.
Around $0.80 is the initial resistance. The next hurdle may be $0.8080. If price closes over $0.8080 barrier, it might surge strongly. In this situation, the price may reach $0.880. More increases may lead to $0.920 soon.
Another ADA Decline? If Cardano fails to break $0.80 barrier, it might fall again. Near $0.770 is immediate downside support.
Near $0.7520 is the next important support. A drop below $0.7520 might challenge $0.7280. The next significant support is $0.70, where bulls may appear.
Tech Indicators
Hourly ADA/USD MACD is rising in the positive zone.
⚖️ Bitcoin Futures Stabilize — Is Market Normalcy Finally Returning?
Bitcoin (BTC) is trading inside a tight range after a drop from its all-time high. The world's biggest cryptocurrency is now worth $118,570, up 0.3% in 24 hours.
Market contributor ShayanMarkets' QuickTake research on CryptoQuant shows a shift in Bitcoin's futures market activity.
Despite high prices, the analyst says the present trend is cooling after speculative pressure and debt accumulation during prior price increases in the $70,000–$90,000 area. This development may shape Bitcoin's future in the next weeks.
ShayanMarkets said the futures market saw “heating and overheating phases,” apparent in red clusters on the volume bubble map, amid rallies. These times caused price corrections or consolidations when leveraged holdings unwound.
The current data shows a different arrangement. Grey and green bubbles on the graphic indicate neutral and cooling futures market activity despite Bitcoin's near record highs.
The expert said that traders may be de-risking as speculative activity decreases and spot demand sustains the price during this cooling period. ShayanMarkets said on QuickTake:
This leverage reset, despite BTC being over $100K, indicates better market conditions as demand turns toward organic purchasing rather than high-risk speculative wagers.
The analyst said : Reduced speculative pressure might support another price surge, perhaps pushing Bitcoin over its previous all-time high around $123K.
Another investigation by CryptoQuant contributor CoinCare found selling activity by long-term Bitcoin investors, known as “whales,” who have held their investments for over a decade.
CoinCare reports that several holders, particularly those who began buying Bitcoin in 2013, are liquidating.
This selling activity matches Bitcoin's fast climb from under $100 to about $1,000, offering early adopters a 117,900% return.
Early investors sometimes take profits amid high prices, but this does not always signify a change in market mood.
The US Federal Reserve maintained interest rates on Wednesday.
Jerome Powell issued hardline views during President Trump's tariff talks.
Bitcoin and top altcoins are volatile, and the Fear and Greed Index is high.
Market expectations were met when the FOMC kept interest rates steady on Wednesday. Minor losses shook the US market as Bitcoin (BTC) dipped below $116,000.
BTC rose 0.50% Thursday, recovering $118,000. Top cryptocurrencies including Ethereum (ETH), Ripple (XRP), and Solana (SOL) are volatile as Powell tightens.
The market expected the Fed to maintain rates at 4.25% to 4.50% for the fifth time as inflation stays high. In reaction to tariff-induced inflation fears, FOMC chairman Jerome Powell was hawkish.
On Wednesday, US President Donald Trump placed 25% tariffs on India, 15% on Japan and the EU, and 30% on China. Powell stated, "Increased tariffs are pushing up prices," raising inflation concerns.
Since rising inflation normally leads to rate rises to curb demand, Powell said "the Fed is looking through inflation by not hiking." However, hawkish rate hike remarks have caused market volatility as costs rise due to global tariffs.
Bitcoin temporarily fell below $116,000 on Wednesday because to consistent interest rates and Powell's statements on rate rises, increasing costs, and tariffs. A rate drop usually boosts market demand by making borrowing easier and increasing investors' risk appetite for risky assets like Bitcoin.
However, keeping interest rates constant and hawkish rhetoric caused immediate anxiety and a downturn. If rates rise, borrowing money may become harder, reducing Bitcoin demand.
While waiting, BTC and leading altcoins like ETH, XRP, and SOL rebound from Wednesday's slump. Ethereum rises over 1% at press time on Thursday following a Doji candle on Wednesday. At press time, Ripple and Solana are up roughly 2%, reversing 1% and 2% losses from the previous day.
🧠 $KERNEL DAO Is Heating Up — Momentum Reloading? 🔄
KERNEL/USDT just reclaimed key moving averages and is trying to break out from the recent consolidation. Bulls are knocking again. Are we ready for lift-off?
⏫ Volume rising into the breakout — early signal of trend continuation
🧠 TL;DR:
KernelDAO ($KERNEL ) is looking primed to challenge previous highs 🚀. A flip of $0.25 could spark serious upside toward $0.31+. But watch for retests of $0.224 — it’s the line bulls must defend. 🎯🔥
🚀 Ethereum Rebounds With Power — Is $4,000 the Next Stop?
Around $3,680, Ethereum gained support. ETH is increasing and may soon reach $4,000.
Ethereum rose again over $3,740 and $3,800. The price is above $3,820 and the 100-hour SMA. The hourly ETH/USD chart broke above a negative trend line with resistance at $3,810.
If sustained over $3,800, the pair may rise again.
Ethereum Price Expects Gains
Like Bitcoin, Ethereum fell from $3,940. Below $3,900 and $3,800 support levels, ETH fell.
Bears even took the price below the 50% Fib retracement line of the $3,515 swing low to $3,940 high. The price fell below $3,700 and the 100-hourly SMA. Support zone $3,680 was tested.
Bulls defended the 61.8% Fib retracement level of the $3,515 swing low to $3,940 high. The price is climbing over $3,750 again. The hourly ETH/USD chart broke above a negative trend line with resistance at $3,810.
Ethereum is over $3,820 and the 100-hour SMA. Price may find resistance at $3,880 on the upside. Near $3,920 is the next major resistance. At $3,940, serious resistance begins. A clean break over $3,940 might push the price above $3,980.
Above $3,980 barrier might lead to greater advances in the following sessions. Ether may soar to $4,050 or $4,120 in the short future.
Another ETH Drop? Ethereum may fall if it fails to break $3,880. Around $3,800 is first downside support. Near $3,720 is the first big support.
A decisive break below $3,720 might bring the price below $3,680. More losses might push the stock toward $3,565 support. Next important help is $3,500.
Tech Indicators
Hourly ETH/USD MACD is rising in the positive zone.