Positive dominated Ethereum-Eth’s performance this week, making 12.11%gains because it is exchanged at a price of $ 1,803, in addition to exceeding its daily negotiation volumes of $ 17.3 billion. Earlier this week, long -term currency owners bought around 449,000 ETH, which represents the greatest daily investment value contained in the portfolios that have collected the currency since 2018.
Given that the average price was $ 1,750 that day, this step reflects the growing confidence of investors – despite their losing investment centers – because these addresses retain the ETH at a price of the investigator of $ 1,981, a price that is always higher than the current market levels.
This is a notable change; For previous years, the price of Ethereum was lower than the market price, but the situation was recently reversed, stressing the development of the general mood and indicating a deeper belief in the capacities of the long -term ETH.
- Market value: 218.1 billion dollars
- Negotiated offer: 120.7 million eth
These figures are established as ETH as the second largest digital origin, with an increase in assembly activity by speaking of Ethereum as “digital oil” between institutions and whales (senior investors).
Increased activity on the Ethereum block with a drop in the decentralized financing sector
The indicators have shown an increase in activity on the Ethereum block, as the number of active titles increased by 10% from 306,211 to 336,366 titles.
This increase reflects – in addition to high prices – the increase in the activity of small investors and users, even with the overall mood that prevails on the market.
However, the performance of the Ethereum decentralized financing sector (DEFI) has violated this positive trend. Defi the moment to resume its momentum, Ethereum can continue to rely on macroeicives and adopt its second layer.
Eth Price seeks to penetrate the level of $ 1,888 according to the graphic graph; What is his next destination?
From the point of view of the technical analysis, the price of the ETH was higher than the average movement for 50 days (50m) at $ 1,755, because it remained in a solid channel, where Ethereum is now negotiated at a price of $ 1811 near the level of resistance at $ 1888.
The momentum of the MacD index has also been unchanged in a clear indication of the possibility of relatively stability, while its management tends to positive as long as the price is still in the support channel.
As for merchants, there are two possible scenarios for Ethereum trading mode in the next sessions:
Details of the offers:
- Buy when the price is penetrated: The highest $ 1,888
- Targeted levels in the ascending direction: $ 1,959, followed by $ 2,035
- The level of support to monitor: $ 1,755 (average movement for 50 days (
- Losses stop: Less than $ 1,755
The final summary
The Ethereum foundations, including the acceleration of its assembly, the growth of the health of its addresses and the solid technical support which it enjoys, reflects prudent optimism. In the event that the price enters the highest of $ 1,888 with a large trading size, this field can allow larger movements but without confirmation of its management, and the price of the ETH can be stuck in its current range, which will leave the road about $ 5,000.
BTCBLL’s subscription is approximately $ 5 million with the momentum of the mortgage increased thanks to its generous yield of 83%
Investors’ demand for the BTC Bull (BTCBull) project – built on Bluechen Ethereum – still increases as it reaches a significant level of financing. Since Friday, his work has managed to receive more than $ 5 million, and with his availability now at $ 0.00248, this is an attractive opportunity for potential buyers to acquire it at this price, when they should move quickly before the next price increase.
Use of sustained work with generous mortgage yield with flexibility in the use of currencies
What distinguishes BTCBull from traditional MeM currencies is based on its functional uses, because the project provides a mortgage mechanism which provides an annual yield (APY) of 83%, with Bitcoin-BTC. More importantly, the possibility of having their owners of their property hypothered at any time without reservation periods or delays in the clouds.
The latest mortgage statistics:
- Total mortgaged currencies:1,268.011 229 BTCBull
- Annual return (Apy): 83%
- The possibility of canceling the mortgage at any time: Yes
This structure attracts both those looking for income and users who wish to benefit from the potential increase in the price of money without sacrificing liquidity.
A look at the subscription and the market situation
By entering its final phase before the increase in the BTCBLL price and is less than $ 754,000 until the next step, current buyers guarantee their positions before the increase in subsequent prices.
Introduction details on the stock market (from today):
- The price of the current subscription: $ 0.00248
- The result so far: $ 5 million on the financing target of $ 5.74 million
The BTCBull project combines a generous yield and huge growth capacities, offering a unique entry point for sacrifices in the world of Mr. Development Approach to the completion of its financing objective, the next price phase can start closer to what is expected.
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