Ethereum, $10K Very Soon??

in Steem Alliance26 days ago

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Assalamu Alaikum friends,
Hope everyone is well and healthy. Ethereum holds the 2nd highest market capitalization after Bitcoin. And after Bitcoin, Ethereum is the most trusted blockchain, which can be trusted in a blink of an eye. Ever since Bitcoin's halving, the price of Ethereum has started to fluctuate widely. Its trend is still continuing. Arguably, Ethereum is going to be the second Bitcoin. Hence, investing in Ethereum is effortless. In today's blog, I will discuss whether the price of Ethereum can go to $10. Let's start today's interesting blog without delay.

The crypto market is a world where anything is possible. Even if you are rich in the morning, it will take seconds to become poor in the afternoon. Similarly, it doesn't take much time to become rich. Currently, there are many billionaires who have made a lot of money through crypto. So, it can be said that proper market research and mind setup can change your destiny.

Screenshot_65.png

Screenshot From Binance

Ethereum closes to all-time high ahead of Bitcoin's halving Since the halving, Ethereum has been eating down for a market correction. It was about 31% down, dropping the price from $4100 to $2700. It became very difficult to break the down trend. But, yesterday's Bitcoin breakout saw a pump in all alt coins. And this pump was one of the best pumps in the history of Ethereum.

Screenshot_66.png

Screenshot From Binance

Ethereum almost pumped 26% through this breakout, one of the best pumps in years. Because, such a big pump in Ethereum coins has not been seen in the past years. So this pump was the best. This type of pump is considered very important for a coin.

Screenshot_67.png

Screenshot From Binance

Ethereum, is currently sitting in a strong resistance. If this resistance is broken, then there will be a big change in Ethereum. Which is just a matter of time. Above, this zone in the screenshot is a very important zone for Ethereum. If this zone can be broken, "Ethereum Road to $10K". Hopefully, along with Bitcoin, Ethereum will soon pump and make new all-time highs.


Published On:- 22 May, 2024



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