Ethereum Tests $4,750 Resistance After Strong Bounce, Analysts Await Daily Close Confirmation
Ethereum trades near $4,750 resistance after rebounding from $4,200, with volume, ETFs, and rate cut hopes fueling momentum toward $5,000. Ethereum faces key $4,750 resistance after bouncing from a strong $4,200 support zone. Daily close above $4,750 could trigger momentum toward $5,000 resistance level. Institutional demand and rate cut expectations fuel Ethereum’s rally and trading activity. Ethereum is currently trading at $4,726 after bouncing from multiple support zones. Traders are watching if the market can secure a daily close above $4,750. A clean breakout and confirmation at this level could determine whether the cryptocurrency continues its upward momentum toward $5,000 or returns to consolidation.
Bitcoin Consolidates in Falling Wedge as Analysts Eye $119,484 Measured Move Projection
Bitcoin consolidates in a falling wedge near $115,700 as analysts target $118K–$119,484 after Powell’s rate cut signal boosts momentum
Bitcoin’s falling wedge on the 1h chart sets breakout targets between $118,000 and $119,484. Powell’s Jackson Hole comments lifted BTC from $112,000 to $116,000 as rate cut odds climbed. Bitcoin shows stability near $115,700, signaling accumulation and preparation for upward continuation. Bitcoin is consolidating within a falling wedge formation on the one-hour chart after declining from recent highs above $132,000. BTC is trading around $115,700, showing stability near wedge resistance after rebounding from lows near $112,000. BTC is on the verge of a falling wedge breakout on the 1h TF chart. Breakouts above $114,000 could open the door to $118,000+
Observed stability near $115,700 suggests buyers continue preparing for potential upward continuation.
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As the exclusive DePIN project of BNB Chain MVB9, XPIN is far more than just decentralized communication; it is reshaping the future of AI and blockchain integration.
Among them, Xtella.AI is definitely a game-changing product! It is the world's first AI Agent that can generate income. When you use it to analyze data and participate in network operations, the earnings can be credited in real-time, truly realizing "earning AI with AI". This model is as innovative as early liquidity mining, yet with a lower barrier to entry and broader application scenarios, even beginners can easily get started.
Looking at XPIN's global eSIM and Mini applications, they are subtly breaking down the boundaries between the physical world and the digital world. When I trade $XPIN on Ave.ai, I am actually participating in a DePIN network with 350,000 active users. With over 2 million on-chain transactions, each one reflects real demand, not false prosperity.
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