Shiba Inu Leader Says Burning 99.9% of Shiba Inu is Not Impossible
Posted on December 23, 2023The lead developer of the Shiba Inu ecosystem has argued that eliminating 99.9% of Shiba Inu’s circulating supply is not impossible.In a recent tweet, Shytoshi Kusama, the enigmatic leader of the Shiba Inu development team, expressed that bringing Shiba Inu’s current circulating supply to 0.1% of its size is a vision that can materialize.This bold declaration comes amid an exchange with a Shiba Inu critic. The context of the conversation was Shibarium’s soaring positive metric, with transactions reaching new counts of 150 million.Amid the development, the Shiba Inu critic sarcastically asked Kusama to burn 99.9% of SHIB tokens, likely with the fees accrued from Shibarium transactions. The critic went on to add that such a hypothetical scenario cannot be a reality because, according to him, Shiba Inu is trash.Shiba Inu Lead Says Nothing is ImpossibleHowever, the Shiba Inu ecosystem leader reacted to the critic’s view with a counterargument. Succinctly, Kusama said:“Nothing is impossible except for you seeing how it’s possible. We push forward.”With SHIB’s circulating supply at 580,925,715,095,591 (580 trillion), burning 99.9% would reduce Shiba Inu’s supply to 580 billion, which is still significant.Reacting to Kusama’s statement, members of the Shiba Inu community welcomed the idea, noting that it merely takes patience to attain such a feat. Raul Valadez-Rayas, a U.S.-based Shiba Inu enthusiast, remarked:“Patiently waiting for Shytoshi Kusama. Can’t wait to see trillions of SHIB burn one day, and then everyone in the SHIB ARMY will be happy.”Shiba Inu Team’s Efforts to Burn SHIBNotably, the Shiba Inu development team has orchestrated the third and fourth editions of its routine Shiba Inu token burn based on fees accumulated from Shibarium transactions.The Crypto Basic has reported that the team has incinerated over 17 billion SHIB tokens in the last 24 hours in two transactions. The first transaction, which occurred yesterday, eliminated 8.53 billion SHIB. Meanwhile, in less than 23 hours, another 8.47 billion SHIB was burnt.As a result, the Shiba Inu team has burned a whopping 33,862,174,416 (33.8 billion) SHIB tokens this month alone.$SHIB
Story Highlights Whale vs. Retail Delta at -31.040 signals retail selling pressure.
RSI recovering at 44.38; CMF positive at 0.04 suggests inflows.
Annual transfer volume jumped nearly 2,000% in 15 months. The Chainlink price is hovering in that uncomfortable zone traders know all too well, compressed, quiet, and coiled. At $8.79 on the LINK/USD perpetual market, it doesn’t look heroic. But peel back the layers, and the setup feels anything but sleepy.
Chainlink isn’t some fringe token chasing hype. It’s a crypto oracle platform connecting blockchains to real-world data, and since 2022, it has facilitated over $28 trillion in transaction value, at least according to its own figures. That’s still small change compared to global finance, sure. But it’s not nothing. And when you look more that’s where it gets more interesting.
Whale Games in Motion The Chainlink price may be drifting sideways to down, yet the Whale vs. Retail Delta is flashing a deep negative reading of -31.040. Translation? Retail traders are likely panic-selling or getting liquidated, while larger players appear to be absorbing the pressure.
This kind of divergence doesn’t guarantee fireworks. But historically, when retail exhaustion peaks and price stabilizes, accumulation phases tend to form. Whales don’t chase green candles. They build positions when nobody’s looking.
So while social feeds obsess over a gloomy Chainlink price prediction narrative’s, the smart money might be playing a longer game. Technical Tension Building in Chainlink Price A glance at the Chainlink price chart adds more texture. The RSI sits at 44.38, climbing out of oversold territory. Not euphoric. Not overheated. Just recovering. Meaning, momentum to the downside is fading.
Then there’s the Chaikin Money Flow at 0.04. It’s modestly positive, suggesting capital is sneaking back in even as headlines remain cautious. That’s a subtle but meaningful shift.
Still, sell volume (324.51K) outweighs buy volume (192.94K), keeping the LINK/USD pair suppressed. In plain English: buyers are nibbling, but sellers haven’t fully backed off. Big Partners, Bigger Ambitions Fundamentally, Chainlink isn’t short on ambition. It commands nearly 70% of the decentralized finance oracle market and around 84% share on Ethereum. Over 2,000 price feeds (including streams and smart data) and oracle integrations are live. Its Cross-Chain Interoperability Protocol now spans over 70 blockchains.
Add partnerships tied to global payment networks and major financial institutions, and the narrative gets stronger. The platform wants to be plumbing for online finance. Whether it gets there is another story.
So what’s next for the Chainlink price? Technically, it’s sitting near long-term support, with signs of retail capitulation and mild capital inflows. It’s not a breakout yet. Not even close. But if accumulation is underway, today’s dull price action might look very different in future.$LINK
‘OG-Crypto’ is Back in Action—Polkadot (DOT) Price Breaks Out of Consolidation
Story Highlights Polkadot price broke out of descending consolidation, signalling early structural reversal as the crypto market sentiments cool a bit
Despite the rise, the bullish validation may be only when the DOT price records another 25% jump and secure levels above $2 before the monthly close Polkadot price is back in action as the ‘OG-Crypto’ has gained huge attention following a breakout from a prolonged bearish trend. The breakout is driven by the change in market sentiments, which turned slightly bullish with the Bitcoin price heading towards the crucial barrier at $69,000 and the Ethereum price recovering above $2,000. Amid the rising optimism among the traders, the strong altcoin rotation seems to have favour the DOT price, which leads the top gainers for the day.
The DOT price is trading at $1.53 with a jump of over 23% in the past 24 hours, outperforming the broader crypto market. On the daily timeframe, DOT has decisively broken above a multi-month descending channel that had capped price action since late 2025. Key technical developments:
Strong bullish candle closing above channel resistance Break above the prior lower-high cluster Supertrend indicator flipping bullish +DI rising in DMI structure This marks the first meaningful structural shift in months. Still, confirmation requires follow-through above nearby resistance. The DOT breakout is not isolated. Bitcoin has stabilized above key demand, Ethereum is rebounding after a leverage reset, and several mid-cap tokens are posting double-digit gains. This suggests a short squeeze across altcoins, capital rotating into oversold legacy names and risk appetite improving.
However, true bullish regime confirmation would require major assets reclaiming macro resistance levels and derivative open interest expanding sustainably. If the Polkadot price holds above $1.5 and clears the resistance at $1.99, then the token may head towards the upside targets at $2.54 and later at $2.99. On the other hand, if it fails to hold and breaks back into the previous channel, then the breakout risks turning into a false move, with support at $1.13 becoming extremely critical. Besides, with more than a 23% rise in action, the profit-taking may also rise. $DOT
XRP is gaining strength again. The token is up about 8% in the past 24 hours, trading near $1.47, slightly outperforming the broader crypto market rally.
While the move may look modest on the surface, several factors say XRP could be setting up for a much larger breakout, potentially toward the $4 level and above.
Strong Link to Traditional Markets One reason behind XRP’s recent strength is its high correlation with the stock market.
Data shows XRP has a 94% correlation with the S&P 500, meaning it is closely moving with traditional equities. As stock markets rally, crypto assets like XRP are benefiting from renewed risk appetite among investors.
In simple terms, when money flows into stocks, it is also flowing into crypto. The Downside Liquidity Has Been Cleared According to one market analyst, the recent pullback appears to have “swept the downside liquidity.” That means most of the selling pressure below current levels has already been absorbed.
Technically, XRP pulled back to the 50% Fibonacci retracement level near $1.31, which is considered a strong support zone. The correction looked controlled and orderly rather than a panic-driven selloff.
If support continues to hold, it increases the chances that the recent correction is complete. Heavy Short Positions Above Current Price Here is where things get interesting.
Above the current price, there is reportedly a large number of short positions. These are traders betting that XRP will fall.
If XRP starts moving higher and breaks resistance levels, those short sellers may be forced to close their positions. When shorts close, they must buy back the asset — and that buying pushes the price even higher. This is known as a short squeeze. In a strong squeeze, price can move very quickly because:
Shorts are forced to buy Momentum traders jump in Breakout traders add fuel Fear of missing out kicks in If that happens, analysts say XRP could quickly spike toward $4.20 or higher. Important Levels to Watch For a stronger bullish confirmation, analysts are watching several levels:
First resistance near $1.46 Next level around $1.51 Holding support above $1.35 is important A clear break above these resistance levels could signal that a new upward wave has started.
While the recent bounce does not yet fully confirm a long-term reversal, the price structure remains constructive. The correction unfolded in a controlled, three-wave pattern, which often keeps the door open for another upward move.$XRP
Over $2 TRILLION has been wiped out from the crypto market in the last 140 days.
Bitcoin is down -50% ETH is down -62% XRP is down -56% BNB is down -57% LINK is down -66% SOL is down -68% ADA is down -70% OP is down -85% Low caps are down -90%
تعتبر عملة XRP واحدة من أكثر العملات الرقمية إثارة للجدل والاهتمام في آن واحد. إليك مسودة لمنشور "بوست" يمكنك استخدامه على منصات التواصل الاجتماعي (مثل إكس أو فيسبوك) يجمع بين المعلومات التقنية ونبض السوق:
🚀 عملة XRP.. هل اقتربت لحظة الانفجار الكبير؟ 🚀 إذا كنت تتابع عالم الكريبتو، فمن المستحيل أن يمر يومك دون سماع اسم XRP. هذه العملة ليست مجرد "توكن" عادي، بل هي العمود الفقري لشبكة Ripple التي تسعى لتغيير طريقة انتقال الأموال حول العالم. 💡 لماذا يهتم الجميع بـ XRP؟
• سرعة البرق: بينما تحتاج التحويلات البنكية التقليدية لأيام، تتم تسوية معاملات XRP في 3 إلى 5 ثوانٍ فقط.
• رسوم شبه معدومة: تكلفة المعاملة لا تذكر، مما يجعلها الخيار الأول للمؤسسات المالية الكبرى.
• نظام RippleNet: مئات البنوك حول العالم تستخدم تقنيات ريبل لتطوير نظام الحوالات الدولية المتهالك.
⚖️ الموقف القانوني.. "قاهر القضايا" بعد سنوات من الصراع القضائي مع هيئة الأوراق المالية الأمريكية (SEC)، أثبتت العملة صموداً أسطورياً. يرى الكثيرون أن وضوح وضعها القانوني الآن يعطيها "الضوء الأخضر" الذي تفتقده عملات أخرى كثيرة.
📊 نظرة للمستقبل مع الحديث المتزايد عن العملات الرقمية للبنوك المركزية (CBDCs) واتفاقيات الشراكة العابرة للحدود، يبدو أن XRP لا تستهدف الأفراد فقط، بل تطمح لتكون "العملة الوسيطة" للنظام المالي العالمي الجديد.
On the weekly chart, LINK continues to trade inside a broad ascending structure, defined by a rising support trendline and a descending resistance line stretching back to the 2021 peak. This type of multi-year compression often precedes a high-volatility breakout.
Price is currently hovering near the 200-week moving average, a level that has acted as both resistance and support during previous cycle transitions. As long as LINK holds above the $12–$13 zone, the structure remains intact.
A confirmed breakout above the descending resistance, currently aligned near the $18–$20 range, could open the door for a measured move toward $24–$26 first. That would represent a rally of roughly 70–80% from current levels. Failure to hold the lower trendline, however, would invalidate the bullish setup and push LINK back into range-bound conditions. Whales Are Selling—But Context Matters On-chain data shared by Ali shows that whales have sold over 2 million LINK in the past seven days. Whale-held balances dipped before stabilising, suggesting distribution rather than aggressive dumping. For traders, this is not automatically bearish. Historically, whale selling near compression zones can mean profit-taking ahead of volatility, redistribution to smaller holders and liquidity preparation before a breakout.
If whales were exiting entirely, the price would likely break below the structure. So far, that hasn’t happened. LINK continues to respect key support levels despite the selling pressure.
This divergence between stable price structure and declining whale holdings is worth watching closely. Bottom Line: Where LINK Goes Next Depends on These Levels Chainlink (LINK) price is no longer drifting—it is coiling inside a long-term structure. The weekly chart continues to hold, keeping the case for a breakout alive. If resistance gives way, LINK could unlock a 70–80% upside move from current levels.
However, whale selling adds a layer of risk. While it has not broken the price structure yet, it means traders should rely on confirmation, not anticipation. What to watch next:
Bullish continuation: LINK holds above $12–$13 and breaks through $18–$20 with strong volume. That would signal trend expansion. Bearish invalidation: A weekly close below the rising support or the 200-week average would likely send LINK back into a prolonged range. On-chain confirmation: Whale selling slows or stabilizes as price pushes higher.$LINK
شبكة Polygon هي حل مبتكر لتوسيع شبكة الإيثيريوم، وتهدف إلى جعل المعاملات أسرع، أرخص، وأكثر كفاءة 💡 تتميز برسوم منخفضة جدًا وسرعة عالية، مما يجعلها خيارًا مثاليًا لمشاريع DeFi و NFT والتطبيقات اللامركزية.
🔹 أمان قوي مدعوم بإيثيريوم 🔹 سرعة معاملات عالية 🔹 رسوم شبه معدومة 🔹 بيئة مثالية للمطورين والمستثمرين
بوليجون ليست مجرد شبكة… بل جسر يربط الحاضر بمستقبل البلوكشين 🔗✨
Will XRP rise again? XRP is showing early signs of a possible recovery, but everything depends on how it holds key support levels. Recently, the price bounced near $1.85, a strong support zone where buyers have stepped in before. This bounce came with higher trading volume, showing renewed buying interest.
At the same time, selling pressure appears to be easing. Recent drops have been smaller, suggesting sellers are losing strength. If XRP can stay above $1.85, it could build support near $1.95. A clear move above $2 would further confirm a short-term recovery.
However, the risk is still there. If XRP fails to hold $1.85, the price could slide toward $1.66, or even test the $1.50 level again.$XRP
Polygon is one of the most powerful scaling solutions for the Ethereum network, designed to make transactions faster and cheaper without compromising security 🔐 ✨ Key Features of Polygon: ⚡ High-speed transactions💰 Very low fees compared to Ethereum🔗 Fully compatible with Ethereum and supports smart contracts🌐 Widely used in DeFi, NFTs, and blockchain gaming The MATIC token is the backbone of the network, used for transaction fees, staking, and securing the network. 📈 Polygon has become a preferred choice for many developers and investors looking for strong performance and practical blockchain solutions.$POL
ADA Flips Key Resistance—Market Structure Turns Favorable
For the past few months, the Cardano price has remained stuck within a steep bearish trend after failing to retain levels above $1. With the market’s structure becoming bearish every day, the price continued to break every support and also plunged below the multi-year support that it had held since 2024. However, the ADA price staged an impressive recovery over the past 48 hours, climbing back above a key resistance level after overcoming a period of steady consolidation.
Now that the price is printing higher highs and lows in the short term, Cardano seems to be breaking through the ceiling. As the market outlook seems to have shifted toward a more constructive outlook, the question arises whether this reclaim is a trend-change signal. The ADA price formed a double-bottom pattern and reached the neckline. The token is consolidating around the range, and despite a rise, it has not yet validated the bullish divergence. The indicators suggest the crypto is juggling between accumulation and distribution, with the volumes remaining drained to the lower range. The liquidity seems to be flowing out of the token, but the DMI indicates the token is bracing for a breakout.
The +Di & -Di are approaching a bullish crossover, and if validated, the Cardano price is set to initiate a strong comeback. What’s Next for the ADA Price Rally? After printing a couple of bullish candles, the bears have again begun to exert some pressure on the rally. However, the Cardano fundamentals remain strong as GitHub commits and core updates remain consistently high. This strong development baseline reinforces investor confidence, even in times of high volatility. The major hurdle for Cardano to clear is around $0.52, which had been a strong base until the November crash.
However, the bulls cannot regain control of the rally until it secures the range above $0.75. Cardano’s reclaim of a key resistance level, rising whale accumulation, and consistently strong developer activity suggest that ADA may be entering an early-stage bullish phase. While upside targets remain contingent on broader market conditions, the groundwork for a move toward $0.70–$0.80 appears to be forming.$ADA
Ethereum Price Rallied 4% Today to Hit $3,144: Is the Altcoin Bottom In?
Ethereum (ETH) price has signaled a potential market reversal ahead. The large-cap altcoin, with a fully diluted valuation of about $377 billion, rallied 4% during the past 24 hours to trade above a crucial midterm supply level around $3,082. In the four-hour timeframe, the ETH/USD pair will have formed a potential higher low, after consistently closing above its falling logarithmic trend and the resistance level around $3,082.
Ethereum Price Eyes Parabolic Rally Next Akin to Gold From a technical analysis standpoint, the ETH/USD pair has formed a similar fractal pattern to Gold. After four years of consolidating in a horizontal pattern, the gold price experienced a parabolic rally to a new all-time high of about $4,373.
Similarly, the ETH price has formed a similar fractal pattern, thus signaling a potential big setup for a parabolic bull rally.
Main Reasons Why ETH Will Lead an Altcoin Pump Soon Rising DeFi activity: ETH has benefited from institutional adoption The Ethereum network has evolved into a major ecosystem of Decentralized Finance (DeFi). With a total value locked (TVL) of about $70 billion and a stablecoin supply of around $165 billion, the Ethereum network has attracted more institutional lending protocols such as AAVE.
According to market data from DeFiLlama, Ethereum’s TVL and stablecoin supply have surged exponentially in the past few months. The gradual implementation of the GENIUS Act has helped the Ethereum network attract more institutional investors and retail traders. Rising global money supply: Groundbreaking shift of the Fed’s monetary policies The midterm outlook for Ethereum and the wider altcoin market remains bullish fueled by the rising global money supply. In the United States, President Donald Trump has been preparing to announce a new Fed Chair, with the odds favoring Kevin Hassett.
Meanwhile, with the Fed already printing more money to buy U.S. securities and treasuries, the global money supply will experience a sharp uptick. As such, ongoing capital rotation to altcoins will favor a major pump in the coming months.$ETH $AAVE
In just over two weeks, US-listed spot XRP ETFs have accumulated roughly 318 million XRP, translating to about $648 million in value. Other filings show even higher aggregate holdings, consistent with the $844.99 million figure being tracked.
Major fund managers like Franklin Templeton and Grayscale Investments have entered the market, with disclosures showing tens of millions of XRP under management.
This accumulation is significant: it reflects a regulated, institutional gateway into XRP, which may reduce friction for large-scale capital and improve supply dynamics on the spot market. How Will This Impact the XRP Price Rally? The XRP price is currently trading around $2.18 with intraday gains of nearly 5%, forming a daily high of around $2.21. The ETF flow backdrop suggests demand is shifting, which often precedes structural breakout attempts. With the strong institutional backing, the supply side may tighten, which often leads to a sharper move when liquidity triggers align. The support zone between $1.91 and $1.97 has been one of the strongest support ranges since the start of the year. During the current pullback, this zone held back the rally and triggered a rebound, which is now about to enter the Ichimoku cloud. Moreover, the levels are about to undergo a bullish crossover that may help the price to remain within a consolidated zone for a while. On the other hand, the OBV that had maintained a steep descending trend, has flattened a bit, indicating a pause in the bearish trend. Therefore, the XRP price trajectory is bullish with a potential to rise above the resistance range between $2.23 and $2.27. Once the price rises above the range, then the upward pressure may fade a little, paving the way for the token to test higher targets above $2.5 or $2.8. $XRP
Will DOT Price Sprint to $3.61 or Stall Near $3.19?
Polkadot’s price suggest the bulls are steering the ship after months of sideways action. The highlight? DOT price soared above the pivotal $2.85 resistance, clearing it with conviction on a massive volume surge of $918.8 million, up 123.75% for the day. This rally printed a fresh local high of $3.52 before pulling back.
The 4-hour chart’s MACD histogram sits in bullish territory, and RSI14 just rose above 70. Typically, this tells me that price targets can be reached quickly, assuming the hype doesn’t fade. That being said, immediate resistance stands at $3.61, the 23.6% Fib line. Which I expect DOT could attempt to hit within the next 48 to 72 hours if buy pressure keeps up. If DOT conquers $3.61, the $4.00 psychological barrier comes into view. Contrarily, failure to close above $3.30 or a drop below $3.19 could invite short-term profit-taking. Which could send DOT back toward $2.85 for a retest. If bearish volume creeps in, the fall may stretch to $2.46, but the bullish bias dominates until proven otherwise. As long as buyers hold the $3.19 level, DOT’s upward potential remains very much alive.
What Do Investos Have To Say? Analyst and investor Capo, highlights on X that Polkadot is forming a pattern similar to ZCash. And could soon post a parabolic move to new highs.$DOT
Accumulation Near Key Support Signals a Potential Recovery Phase
Near Protocol price has been trading steadily between $2.00 and $2.40, showing clear accumulation around its lower range. This stability, despite broader market uncertainty, reflects growing confidence among long-term holders. The token has tested the $1.90 zone multiple times without breaking lower, forming a solid foundation for the next potential move. Historically, such accumulation phases often precede explosive rallies, especially when combined with rising trading activity and improving sentiment. The weekly chart of NEAR/USDT outlines a larger A-B-C wave structure, suggesting that the token might be nearing the end of its correction phase. According to the pattern, the current price at around $2.32 marks point (B)—a potential reversal zone from where a new upward wave could begin. The projected target zone (C) lies between $14 and $20, indicating a possible 6x to 8x upside from current levels if the bullish structure unfolds. This aligns with a long-term recovery setup rather than a short-term rebound, making NEAR one of the most promising mid-cap tokens to watch in the coming months. Price Outlook: Can NEAR Hit Double Digits Again? Investor sentiment toward NEAR has started shifting positively. Social data and derivatives market volumes indicate that traders are positioning for a potential breakout. Many are comparing NEAR’s current setup to ICP’s recent breakout, which led to a sharp 40% surge. If Bitcoin continues to trade steadily and overall crypto liquidity remains high, NEAR could attract the next wave of speculative and institutional inflows.
If NEAR manages to clear the $3.20–$3.50 resistance zone, it could confirm a short-term bullish reversal. Beyond that, sustained momentum could lift the token toward $7 and $10, with long-term projections hinting at the $14–$20 target zone highlighted on the chart. However, failure to hold above $1.90 may delay this rally, pushing the token into extended consolidation before another leg up.$NEAR
ZEC Hits $538 ATH as Privacy Narrative Takes Center Stage
The Zcash price chart delivered one of the year’s most explosive breakouts as ZEC climbed to $538, marking a fresh all-time high. This surge aligns with the broader Q4 rotation into privacy-focused assets, driven partly by uncertainty surrounding future Federal Reserve rate cuts and brief recovery signs from Bitcoin’s today’s price action that lifted overall market sentiment.
Even the whales aren’t sitting idly, like Arthur Hayes, who has been another undeniable strong factor acting as a key catalyst, with multi-million-dollar long positions opening across exchanges, further amplified by vocal support from major market participants like Arthur Hayes, who has called for $1,000 per ZEC ahead.
Many traders and users believe that ZEC is not merely “pumping,” but actively reclaiming its narrative, as privacy once again becomes a core theme of rebellion in crypto. Shielded Adoption Surges as Zcash Strengthens Its Core Use Case Fundamentally, Zcash crypto is gaining traction due to its defining feature: encrypted transactions, according to a recent CoinDesk research report. While most crypto transfers leave a public trail, ZEC’s shielded pool protects financial activity at scale. Each shielded transaction expands a global privacy set, strengthening protection for all users.
A recent deep-dive analysis highlighted several structural growth metrics, like One-fifth of ZEC supply is now shielded, which rose from approx. 1.2M to 4.5M ZEC over the years. Similarly, Active shielded addresses have grown from a few thousand in 2018 to tens of thousands in 2025, per the report.
Likewise, its transparent balances remain flat, while its encrypted holdings continue to climb.
These trends indicate a rapidly rising adoption among users who prioritize financial privacy, and they point to a strengthening foundation for the Zcash price forecast 2025. Moreover, the report notes that network upgrades have also continued to contribute to this growth. With NU6.1 in the planned stage and NU7 in the planning stage, this speaks strongly for their ecosystem. The ZEC’s roadmap signals ongoing improvements that could lift the Zcash price USD throughout the coming cycles. Market Metrics, Futures Growth, and Technical Signals Shape Outlook While examining more technical aspects of Zcash charts, ZEC’s explosive rise has pushed it ahead of major altcoins like Sui (SUI) and Hedera (HBAR), although it remains slightly behind. As a result, it now boasts a market cap of $8.56 billion.
Similarly, the futures data support this momentum, with ZEC open interest reaching an all-time high amounting $897.40 million, hinting at sustained bullish positioning. However, while momentum still appears strong, this is cross-confirmed by indicators such as MACD, AO, and CMF, which also indicate strong upward momentum. Nevertheless, risk metrics still suggest caution.
According to one of the most reliable technical indicators also echoes this warning, as the RSI at 84 reflects extreme overbought conditions. This suggests that a corrective move may be necessary for a sustainable upside if investors view this rally as a potential extension in the future.
Based on its price action, the ideal cooldown zone appears near $360, aligning with a healthier market structure. This would be nearly 35% decline from ATH $538. $ZEC
Ethereum (ETH) Price Prediction Ethereum hovers at $3,878.86, down slightly for the week but up 0.79% in 24 hours. The daily chart reveals a technical bounce from the $3,713 support, with price rebounding inside a tightening Bollinger Band. Oversold RSI readings and a nascent MACD crossover suggest a short-term momentum reversal is forming.
ETH price faces strong resistance at $4,101 and upper hurdles at $4,194 and $4,265. On the downside, $3,713 remains the pivot to watch, with deeper support near $3,698. This week saw $643 million in ETH exit exchanges, reducing immediate sell pressure, while persistent negative funding rates offer short squeeze fuel. If bulls reclaim $3,950, a move toward $4,100–$4,200 is feasible. However, failure at $3,713 would expose $3,698 and possibly $3,495. $ETH
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