Connect with us

Crypto News

Ethereum Price Prediction Daily (12-Jan): ETH Bullish Price Scenario! Push To $2,014?

Published

on

ETH Bullish Price Scenario! Push To $2,014? Watch these key patterns forming right now in the 4-hour timeframe

ETH Bullish Price Scenario! Push To $2,014? Watch these key patterns forming right now in the 4-hour timeframe

The Ethereum bulls have been showing a growing amount of strength for the past few weeks now. And with this growing strength comes the potential for us to see a massive rally playout in the coming days.

In this Ethereum analysis, we will be taking a closer look at the bullish patterns currently set up in the 4-hour timeframe as well as the key levels we are keeping a close eye on.

To trade ETH with leverage, sign-up to Bybit right now! Bybit’s BIGGEST Bonus Campaign is now live! You can get up to a $30,000 Bonus when you fund your Bybit account with our Bybit link

Claim up to $30,030 in Bonus

Ethereum Key Pattern!

ETH Bullish Price Scenario! Push To
ETH Bullish Price Scenario! Push To $2,014? Watch these key patterns forming right now in the 4-hour timeframe

The initial bullish pattern that is catching our eyes is the Descending Chanel Pattern the Ethereum bulls are attempting to breakout off in the 4-hour timeframe.

This pattern is very important because it is forming after a Double Bottom Pattern that just played out! Making it a combination of multiple bullish signs playing out all at once.

ETH Bullish Price Scenario! Push To
ETH Bullish Price Scenario! Push To $2,014? Watch these key patterns forming right now in the 4-hour timeframe

What these two patterns are telling us is “It is time to start watching for more bullish momentum to come into the market soon!

And if these bullish patterns play out, we can expect to see the Ethereum price getting to the $2,014 previous Highs in the coming weeks.

Final Verdict!

The Ethereum price has broken through all our previous resistance we noted as “important for the bears to defend” one of those key resistance is the $1,400 key region the Ethereum price has struggled to break for months.

And by breaking through this region, Ethereum has moved into bullish territory, and from now on, we will be looking for only bullish patterns to take advantage of to the upside.

The Double bottom pattern and the Descending Channel Pattern we talked about in this TA are the two bullish patterns we currently see and plan to take advantage of.

Claim up to $30,030 in Bonus

In Other News…

Bybit is going all out this festive season with its list of bonuses, trading competitions, and cash giveaways as the exchange celebrates its 4th-year anniversary.

Register on Bybit, sign up with our link Bybit Sign-Up and Get up to a $30,000 Bonus.

To participate in the Bybit 4th year anniversary $1M lucky draw-spin, click this link and sign-up Bybit Aniversary Trading Competition

Easy Steps From Beginner To Pro Crypto Trader

You can speed up your learning journey by reading our How To Trade Bitcoin Guide. This guide is the best for crypto traders who wants to get familiar with the basics of Bitcoin trading. You can also check out our top list of Best Bitcoin Exchanges To Trade With.

PrimeXBT Covesting: Trade Hassel Free

Sign-up on PrimeXBT today to trade Bitcoin hassle-free. You can copy experienced traders and access hundreds of different strategies on the platform! Don’t forget to claim your 25% bonus by using the promo code “bitcoinsensus50” when you sign-up with our link  PrimeXBT Covesting

Recommended Bitcoin Trading Platforms:

★★★★★

★★★★★

Rating: 94%

Claim up to $30,030 in Bonus

★★★★★

★★★★★

Rating: 89%

Claim up to $4100 in Bonus

★★★★★

★★★★★

Rating: 91%

Claim up to $7000 in Bonus

! function(f, b, e, v, n, t, s) {
if (f.fbq) return;
n = f.fbq = function() {
n.callMethod ?
n.callMethod.apply(n, arguments) : n.queue.push(arguments)
};
if (!f._fbq) f._fbq = n;
n.push = n;
n.loaded = !0;
n.version = ‘2.0’;
n.queue = [];
t = b.createElement(e);
t.async = !0;
t.src = v;
s = b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t, s)
}(window, document, ‘script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘2432725167013202’);
fbq(‘track’, ‘PageView’);


Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto News

Pro-Crypto Senator Ted Cruz Push For Crypto Payment in Capitol Hill

Published

on

Pro-Crypto Senator Ted Cruz Push For Crypto Payment in Capitol Hill

US Senator Ted Cruz leads in pushing crypto adoption in Capitol Hill. The senator suggests that traders in Capitol Hill embrace crypto payments. Following this, the senator issued a Concurrent Resolution report to Congress on January 26 that will spearhead a campaign for crypto payment in Washington, DC. 

Reportedly, the senator’s proposal targets traders in the food industry and vending machine service providers in the Capitol Hill business complex. 

Capitol Hill Vendors to Use Crypto Payment

According to Cruz’s resolution report, the burgeoning Capitol Hill complex residents will reap more benefits once the proposal receives a green light. Cruz unveiled that among the people to benefit from his proposal would be the Capitol Hill Architect and the Senate Secretary. Also, the administrative executive of the House of Representatives would engage with vendors accepting crypto as a payment method.

Congress has not published Cruz’s proposal, and the reasons are unknown.

Senator’s Achievement in Crypto Space

Cruz has been a Bitcoin enthusiast for a long time due to its unique decentralized features. Also, the pro-Bitcoin senator revealed on his Twitter account that, unlike other digital assets, Bitcoin is uncontrollable. The tweet unveils that most anti-Bitcoin politicians dislike the leading crypto exchange due to its complex controls. 

The senator released the tweet when the Chinese government had developed restrictive Bitcoin measures.

In addition, the Republican senator has made the purposeful move to expedite the growth of crypto mining. Residing in Texas, Cruz demanded that the popular Lone Star State be a global “oases” for Bitcoin.

Cruz’s Contribution to Crypto Mining

In his address at the last year Heritage Foundation Program, Cruz opposed the Democrat Senator Elizabeth Warren’s anti-Bitcoin remarks. He argued that it is more challenging to control Bitcoin, as earlier proposed by Senator Warren.

Before that, the senator had demanded his colleagues be educated on crypto fundamentals. On August 2021, the pro-crypto senator released a statement arguing that most of his colleagues lack crypto knowledge. As a result, it was difficult for them to differentiate between Bitcoin and the native New York-based subway token.

Afterward, it was discovered that the senator invested more than $15000 in Bitcoin (BTC) in 2021. 

Cruz’s action has influenced him to join other pro-crypto politicians such as John Boozman, Debbie Stabenow, and other senators pushing for crypto-friendly regulation. 


Tokenhell.com produces top quality content exposure for cryptocurrency and blockchain companies and startups. We have provided brand exposure for thousands of companies to date and you can be one of them too! All of our clients appreciate our value / pricing ratio. Contact us if you have any questions: info@tokenhell.com. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors (namely Crypto Cable , Sponsored Articles and Press Release content) and the views expressed in these types of posts do not reflect the views of this website. Tokenhell is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.


Source link

Continue Reading

Crypto News

How to Give Bitcoin or Another Cryptocurrency as a Gift Using BitCard – Press release Bitcoin News

Published

on

How to Give Bitcoin or Another Cryptocurrency as a Gift Using BitCard – Press release Bitcoin News

PRESS RELEASE. As Bitcoin and crypto grows in its appeal and global use by individuals, businesses and merchants from all places and corners of the world, the desire for them also increases. Now, perhaps more than any other time in history, digital currencies like BTC, ETH and others, are in demand.

The internet has been actively progressing into underlying web 3 standards, and digital assets are increasingly utilized as the underlying money employed by various virtual platforms. The news and media are reporting about crypto more, people are becoming more aware, and therefore interest in crypto seems to be brewing, even as regulatory standards are being formed real-time.

As People Gain Understanding, Crypto Gains Further Adoption

As with all new concepts, as public education and awareness of cryptocurrencies steadily increases, fear and uncertainty around crypto is being settled for many. As a result, more people are becoming willing to interact with cryptocurrencies for their utility within digital ecosystems, trading, investing, alternative payment processing and more.

As more people and businesses begin using crypto themselves, they are also beginning to share them at a greater rate with others. Bitcoin gift cards have arisen as a popular method of sharing BTC and other popular cryptocurrencies with friends, family, co-workers, clients, staff and others.

Why Bitcoin Gift Cards Are Growing In Popularity

BTC gift cards have increased in their draw and popularity since first reaching the market in the early 2010’s. Now, with more than a decade on the market, gift cards with denominations redeemable in BTC, ETH, and even stablecoins like USDC others, the overall proposition has been implemented, and furthermore developed, by platforms like BitCard®.

BitCard® is a US-based BTC gift card distributor and B2B supplier that gives the end user several ways to take advantage of BTC gift cards for themselves personally, or to gift others individually, or even in an effort to build or expand existing loyalty and rewards programs. Over the last decade-plus several companies have looked for ways to implement gift cards purchased and furnished with digital assets to satisfy the desire many have to gift with alternative means than other traditional methods.

Additional Ways To Gift With Bitcoin And Cryptocurrency

While it isn’t very attractive in terms of the packaging, people can always elect to send cryptocurrency directly to others they wish to gift as an alternative to putting the crypto in gift card form. While it isn’t the most sophisticated way of giving, the desire to produce a gift that one has genuine interest in would be accomplished by such means.

In addition to sending BTC or other cryptos directly, crypto could also be put into other forms in order to accomplish the goal. NFTs and other on-chain digital assets can sometimes be relatively less-impacted by the volatility typically associated with the cryptocurrency market in general. This means that as Bitcoin price fluctuates, or any other associated digital asset, the value of the gift could remain at or near the original dollar value of the intended gift – or in some cases, increase.

Although it involves the same method of gifting with gift cards, some platforms such as BitCard® enable the end user to not only gift in physical cards but also digitally produced Bitcoin gift cards as well. While the effect may be different, particulars such as borderless, global and near-instant transmission could prove to be immensely beneficial in some instances.

More Than Gifting

Not only can crypto be loaded onto gift cards, but BTC and additional cryptocurrencies can also be implemented in customer loyalty, employee incentives, and other rewards programs. Even in this form, crypto could still be seen as a gift, as it is given to individuals, customers, clients or others as a reward, bonus, or incentive.

As cryptocurrency continues to be used on a global scale at an increased rate by businesses and individuals throughout the world, perhaps even more methods of gifting will be developed and one day become mainstream gifting alternatives. For now, crypto and BTC gift cards, crypto itself, crypto converted into other forms, and rewards, loyalties and incentives are the most popular ways to give the gift of crypto for most.

 

 

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Media

Bitcoin.com is the premier source for everything crypto-related.
Contact the Media team on ads@bitcoin.com to talk about press releases, sponsored posts, podcasts and other options.

Image Credits: Shutterstock, Pixabay, Wiki Commons

(function(d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s); js.id = id;
js.src=”https://connect.facebook.net/en_US/sdk.js#xfbml=1&version=v3.2″;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));


Source link

Continue Reading

Crypto News

Polygon Derivatives DEX Gains Network Crosses $1.5B in Trading Volume on Arbitrum

Published

on

Polygon Derivatives DEX Gains Network Crosses $1.5B in Trading Volume on Arbitrum


Over $220 million in trading volume was processed in the past 24 hours. Over $120 million of that came from crypto derivatives and $70 million from products tracking foreign currency (forex), with the remaining spread over US-listed stocks, such as Apple (APPL) and Amazon (AMZN), and indices.


Source link

Continue Reading

Trending