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Why The Ethereum Merge Could Destroy ETH’s Competitors

Ethereum could retest its support zone as the general sentiment in the cryptocurrency market points to further losses. The second cryptocurrency by market capitalization led the current rally with Solana (SOL), Avalanche (AVAX), and other large-cap cryptocurrencies. Related reading | Arthur Hayes Crystal Ball Predictions: Ethereum up to 5 numbers In the coming months, Ethereum …

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Bitcoin Steadies Above $43K, Why BTC Could Recover Higher

Bitcoin is consolidating its losses above the $43,000 support level against the US Dollar. BTC could correct higher towards the $44,275 or $44,850 resistance. Bitcoin managed to stay above the $43,000 support area. The price is still well below $45,000 and the 100 hourly simple moving average. There is a major bearish trend line forming …

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How Cosmos Could Outgrow Ethereum, Making The Case

Within two months, Ethereum should fully deploy Proof of Stake (PoS) capabilities with the “merger”. The network continues to dominate the decentralized finance (DeFi) and non-fungible token (NFT) sectors, two of the most important innovative trends in the cryptocurrency industry. Related reading | The last time Bitcoin turned bullish saw a 65% rally, will it …

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Ethereum Topside Bias Vulnerable If ETH Dives Below $3,120

Ethereum extended its losses below the $3,300 support area against the US Dollar. ETH price is trading even below $3,200 and it may continue to decline. Ethereum started a significant decline from the $3,450 resistance area. The price is now trading below $3,200 and the 100 hourly simple moving average. There is a major bearish …

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Quant Explains How Bitcoin Funding Rate Predicted The Latest Top

Quantum explained how Bitcoin’s funding rate (72 hours) might be able to correctly indicate the tops and bottoms of the cryptocurrency’s price. Bitcoin funding rate may be able to point to peaks and troughs in the market As explained by an analyst at CryptoQuant MailThe 72-hour fundraising average appears to have been effective in pointing …

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Bitcoin Trading Volume Continues To Remain At Low Levels

Data shows that bitcoin trading volume has continued to remain at low levels this week, dampening the recent rally in the cryptocurrency’s price. Spot Bitcoin Trading Volume Recently Stabilized At Low Values According to the latest weekly report from obscure researchBTC spot trading volume has continued to stabilize at relatively low values ​​this week. The …

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Ethereum Turns Red Below $3.4K, Why Upsides Might Be Capped

Ethereum started a sharp decline from the $3,530 region against the US Dollar. ETH price dropped to $3260 and is currently correcting higher. Ethereum started a significant decline from the $3,530 resistance area. The price is now trading below $3,400 and the 100 hourly simple moving average. There is a major bearish trend line forming …

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Bitcoin Monthly Outflows Reach Historically High Value

Cross-chain data shows that monthly Bitcoin outflows have recently reached values ​​that have only been seen a few times before in the entire cryptocurrency history. Bitcoin outflows are now 96.2k BTC per month According to the latest weekly report from glassA historically large amount of BTC has exited all exchange wallets recently. The relevant pointer …

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Ethereum Gearing For Another Lift-Off, Why ETH Could Test $3,750

Ethereum remained stable above the $3,400 level against the US Dollar. ETH price is rising and looking for a bullish breakout above the $3,550 resistance area. Ethereum started a new increase after it tested the $3,400 support area. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a …

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