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Home»EXCHANGE NEWS»Ethereum aims for $6K and Shiba Inu aims for a 2,600% profit. But this $0.001333 Altcoin could reach $10 first!
EXCHANGE NEWS

Ethereum aims for $6K and Shiba Inu aims for a 2,600% profit. But this $0.001333 Altcoin could reach $10 first!

By Crypto FlexsDecember 22, 20241 Min Read
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Ethereum aims for K and Shiba Inu aims for a 2,600% profit. But this alt=
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Ethereum is heading towards a potential $6,000 price range and Shiba Inu is poised to make some serious gains. Meanwhile, another low-cost cryptocurrency is making waves. Priced at just $0.001333, this altcoin could reach $10 before other coins reach their goal. The rapid rise is capturing market attention and generating excitement.

An all-sports meme token that can’t afford to sit on the bench!

XYZ is your exclusive VIP pass. Sports-centric, meme-based revolution. Consider Degens the MVP of the XYZVerse ecosystem that can score big. Growing Demand for Meme Coins

Picture this: Polymarket hits. Trading volume: $1 billion During the US Presidential Election – now experience the hype of Meme Coins and the thrill of sports betting. with millions of sports fans We are ready to take the field and the cash in the XYZVerse ecosystem will continue to expand. And the rewards will be through the roof!

>>>XYZ Presale is your first quarter opportunity to get in first before the incredible explosion happens!<<

By 2024, Meme Coin has become the undisputed champion of the cryptocurrency world and XYZ is set to crush the competition. With the potential thousand-fold return you can get across the finish line, pre-sale plans are hugely profitable. 9,900% growth by TGE. Forget about a 5,000% increase in BOME or a 1,000% increase in WIF. XYZ is here to surpass it all!

With upcoming listings on major CEX and DEX platforms, robust defenses in the form of audited smart contracts, and a thoroughly vetted team, XYZ is already ahead of the game. First-mover advantage is key here. If you enter before the crowds flock to the venue, you will be seated. You can earn much bigger profits!

>>Do not remain on the bench. Earn XYZ tokens now and participate in the next big cryptocurrency championship!<

Ethereum (ETH)

Ethereum (ETH) has recently experienced notable price fluctuations. Last week, prices fell 13.66%, moving within a range of $3,648.43 to $4,137.17. However, last month it rose 7.75%, showing some positive momentum amidst the volatility. Looking at a six-month period, the price of Ethereum decreased by 4.14% due to a mix of short-term gains and long-term difficulties.

Technical indicators provide insight into the current state of Ethereum. The relative strength index (RSI) is 31.82, which is close to the oversold threshold. This suggests that assets may be undervalued at current levels. The 10-day simple moving average is $3,403.46, which is lower than the 100-day average of $3,807.62, showing short-term price decline relative to the long-term trend. The moving average convergence divergence (MACD) level is -85.71, indicating bearish momentum, while the stochastic value of 13.16 is low and often associated with oversold conditions.

Considering the support and resistance levels, if Ethereum price rises, it could face resistance at $4,317.86, about 18% above the current low range. The next resistance level above this is $4,806.60, about 32% higher. On the downside, the nearest support level is $3,340.38, about 9% below the current price. If the price falls further, the second support level would be at $2,851.64, which represents a downside potential of about 22%. These levels are key areas that could influence Ethereum’s price action in the near future.

Shiba Inu (SHIB)

Shiba Inu (SHIB) has experienced significant volatility recently. Last week the price fell 23.46%. Last month, it decreased by 13.15%. However, over the past six months, SHIB’s stock price has risen 19.81%. The mix of short-term declines and long-term gains highlights the unpredictable nature of the coin.

SHIB is currently trading between $0.00002396 and $0.000032. The nearest resistance level is $0.00003614 and the nearest support level is $0.00002006. If the price breaks above the resistance level, the second resistance level at $0.00004418 could be targeted, which would indicate a significant percentage increase. On the downside, a break below the support line could see the price test the second support level at $0.00001202.

Technical indicators provide more insight. The 10-day simple moving average is $0.00002187, which is below the 100-day average of $0.00002547. The relative strength index (RSI) is 32.79 and the stochastic is 28.66, both suggesting that SHIB is approaching oversold territory. The MACD level is negative at -0.0000006701, indicating bearish momentum. These factors make SHIB a coin to watch closely as they could hint at the possibility of a price reversal or further decline.

conclusion

Ethereum and Shiba Inu show promise, but XYZVerse (XYZ), the first all-sports memecoin, is targeting 20,000% growth and could reach $10 before then.

More information about XYZVersus (XYZ) can be found here.

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disclaimer: This is a press release provided by the third party responsible for the content. Please do your own research before taking action based on the content.

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