Ethereum price began a sharp decline below the $3,880 level. ETH is down more than 5% and is showing bearish signs below the $3,680 level. Ethereum began a new decline below the $3,800 level. The price is trading below $3,680 and the 100-hour simple moving average. There is a new connecting bearish trendline forming with resistance at $3,800 on the hourly chart of ETH/USD (data feed via Kraken). Failure to stay above the $3,550 support zone could lead the pair to continue falling. Ethereum price plunges below $3,800 Ethereum price began a new Bitcoin-like decline, struggling to stay above the…
Author: Crypto Flexs
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One prominent cryptocurrency analyst believes that Ethereum (ETH) is on the verge of printing a massive breakout rally, also known as a God Candle. Ethereum’s two-hour chart looks similar to Bitcoin (BTC) price action over the past two weeks, pseudonymous analyst Inmortal told his 221,100 followers on social media platform Analysts say that while Ethereum struggled to clear resistance at $4,000, BTC also struggled to break above $100,000 for several weeks before surging to a new all-time high. “Same price action, but with one difference. God’s candle after the breakout. ETH.” Source: Immortal/X Based on the trader charts, he seems…
Rebecca Moen December 19, 2024 05:44 BitMEX has introduced a new USUALUSDT perpetual swap, allowing traders to use up to 50x leverage. The current listing is available for trading. BitMEX, a leading cryptocurrency derivatives exchange, announced the launch of USUALUSDT, a new trading pair with up to 50x leverage. According to BitMEX, the listing began on December 19, 2024 at 04:00 UTC. USUALUSDT Perpetual Swap Details The introduction of the USUALUSDT perpetual swap is part of BitMEX’s ongoing efforts to expand its product offerings. Traders can now access this new list and utilize significant…
join us telegram A channel to stay up to date on breaking news coverage Hedera (HBAR) has seen impressive growth over the past month, rising 130% to $0.30. Enterprise-grade blockchain and partnerships with giants like Google and IBM increase market trust. As momentum builds, HBAR is looking for a potential rally towards recent highs of $0.39. HBAR Key Statistics current price: $0.30 market capitalization: $11.6 billion Trading volume (24 hours): 1.51 billion dollars circulating supply: 38.2 billion HBAR total supply: 50 billion HBAR CoinMarketCap Ranking: #18 HBAR showed steady growth, rising 2.93% over the past 7 days. It soared a…
reporter Posted on: December 19, 2024 Ichimoku Cloud performed very strongly on the daily time frame. Higher term expectations would turn bearish if the price falls below $3.35, which is unlikely at press time. Sui Network (SUI) has a very optimistic long-term outlook. It has performed noticeably well since September, rising almost 500% in less than four months. Sui price fell 8.6% in the last 24 hours as Bitcoin (BTC) price fell 4.8%. A slight decline in buying volume in recent days has provided a clue that Sui bulls may be biding their time before they are ready to move…
Ted Hisokawa December 19, 2024 04:45 King Arthur: Legends Rise has launched on Immutable (IMX), giving players the chance to earn gems right away. Explore an epic RPG adventure and join legendary heroes in this captivating Web3 gaming experience. King Arthur: Legends Rise, the highly anticipated Web3 gaming experience, is now available from Immutable (IMX). According to immutable.com, this strategic move aims to capture a dedicated fan base and expand its reach within the gaming community. Enter the dark legend of King Arthur Immerse yourself in a reimagined version of the classic Arthurian tale.…
This article is also available in Spanish. Market intelligence platform IntoTheBlock revealed how Ethereum has built a strong on-chain demand area that could sustain it above $4,000. Ethereum has two major support centers just below its current price. In a new post on X, IntoTheBlock discussed what Ethereum’s on-chain demand zone currently looks like. Below is a chart shared by the analytics firm showing how much supply investors have purchased at prices close to the current spot ETH value. There appear to be two large areas below the asset’s current price | Source: IntoTheBlock by X As you can see…
Bitcoin and the broader cryptocurrency market sold off after the Federal Reserve cut interest rates by 25 basis points and signaled there may be fewer rate cuts in 2025 than initially planned. Following Federal Reserve Chairman Jerome Powell’s press conference after the interest rate cut, the price of Bitcoin (BTC) fell 4.6% to $101,300, while Ethereum (ETH) fell 5.96% to $3,600. Market participants had expected a 0.25% rate cut, which would check the box for most traders with optimistic price expectations, but Powell’s indication that there would only be two rate cuts in 2025 raised eyebrows. . In addition to…
Louisa Crawford December 17, 2024 14:48 NVIDIA’s Jetson Orin Nano developer kit has been significantly upgraded, delivering up to 1.7x better performance for generative AI applications at an affordable price. NVIDIA has announced a significant upgrade to the Jetson Orin Nano Developer Kit, now rebranded as the Jetson Orin Nano Super Developer Kit. This update is designed to improve the performance of generative AI applications, giving developers powerful tools for deploying advanced models. According to NVIDIA, the new kit delivers up to 1.7x better performance and is available for a discounted price of $249.…
Cryptocurrencies have made significant progress in recent years. Blockchain enthusiasts have been pushing the boundaries to create faster, more scalable, and more cost-effective solutions. As the network struggles with congestion and rising rates, a new player, Sonic Labs, is in the spotlight. With a groundbreaking launch Sonic MainnetThis forward-thinking blockchain promises high-speed transactions, seamless scalability, and incredible opportunities for cryptocurrency investors and developers alike. Let’s take a look at why Sonic Mainnet is a game changer and how you can take advantage of this innovation.Understanding Sonic MainnetSonic Mainnet is a next-generation blockchain designed to address the limitations of existing systems…