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Newsbtc

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Ethereum Defends Critical Demand Zone – Will ETH Rally To $3,000?

  • Ethereum (ETH) has defended the $2,380–$2,460 demand zone and analysts are eyeing a potential move towards $3,000.
  • Crypto analyst Ali Martinez believes ETH could reach the $3,000 price target with no major supply barriers ahead.
  • Technical analysis suggests the formation of a 'textbook double bottom' and a potential triple-bottom formation on the Ethereum chart.
  • Excessive bearish sentiment and a surge in short positions could set the stage for a surprise move and a sharp upside rally for ETH.

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Ethereum Eyes Potential Upward Move As Bullish Chart Pattern Remains Intact

  • Ethereum's price fluctuations may be nearing its end, indicating a potential upward move.
  • The presence of a bullish Symmetrical Triangle chart pattern suggests further upside growth for Ethereum.
  • Seasoned analyst Titan of Crypto believes ETH's rally is on the horizon and its comeback will be legendary.
  • Factors such as Ethereum's introduction of smart contracts and its position as a leading asset in the crypto market make it a promising investment.

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Ethereum Indicator Flashes Buy Signal On The Weekly Chart – Potential For A Rebound?

  • Ethereum has been struggling below the $2,800 mark, unable to reclaim it as support and spark a recovery rally.
  • However, a buy signal has been flashed on the weekly chart by the TD Sequential indicator, indicating a potential rebound.
  • The key level to watch is the $2,800 mark, as Ethereum needs to reclaim it to signal a reversal of the current bearish trend.
  • The next few days will be crucial in determining Ethereum's short-term direction as it hovers near key levels.

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TheNewsCrypto

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Discover the Top Crypto Coins to Buy Now: Qubetics Eyes $15 Post Mainnet, Bitcoin’s $96,600 Support and Ethereum’s $2,690 Recovery

  • Qubetics, Bitcoin, and Ethereum are top crypto coins to buy now, offering unique features and opportunities in the evolving cryptocurrency market.
  • Qubetics stands out with features like cross-border transactions and a non-custodial multi-chain wallet, raising over $12.7 million in its presale.
  • Bitcoin remains resilient at around $96,600, consolidating between key levels and showing stability amid market volatility.
  • Ethereum, the second-largest crypto, is bouncing back at $2,690, with strong signs of recovery and future growth potential.
  • Qubetics' non-custodial multi-chain wallet offers security, flexibility, and seamless cross-border transactions, partnering with 1inch Network and SWFT Blockchain for enhanced functionality.
  • Bitcoin's institutional adoption and market dominance make it a secure investment, with a consolidation range of $94,000 to $100,000 presenting a favorable entry point for investors.
  • Ethereum's support for dApps and smart contracts positions it for growth, with upgrades like Ethereum 2.0 and a shift to PoS enhancing scalability and efficiency.
  • These top crypto coins offer various investment opportunities for those looking to diversify their portfolios and tap into the future of blockchain technology.
  • Qubetics' focus on cross-border transactions, Bitcoin's market resilience, and Ethereum's applications showcase the diverse potential within the cryptocurrency market.
  • Investors interested in the future of blockchain technology can consider Qubetics, Bitcoin, and Ethereum as promising options for potential returns.

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Vitalik celebrates Ethereum's 8th anniversary in India

  • Ethereum co-founder Vitalik Buterin celebrated the crypto's eighth anniversary in India on July 30, 2023.
  • During the celebration in Bengaluru, Polygon co-founder Sandeep Nailwal shared pictures of Vitalik enjoying Indian delicacies, including ghevar and masala dosa.
  • Ethereum, the world's second-largest cryptocurrency, had its official launch on July 30, 2015.

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Minis

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Techminis Daily News Wrap : 27th March 2023

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