VeChain/U.S. dollar(VETUSD) Elliott Wave Technical Analysis 2 October 23
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By CryptoChamp · Posted
Ethereum (ETH) has experienced a dynamic price movement, recently declining by 10% after hitting a multi-month resistance level at $4,000. Despite a slight dip to $3,938, Ethereum’s weekly and monthly gains remain strong at 7% and 22%, respectively. This fluctuation has sparked mixed reactions, with on-chain metrics and market sentiment painting a complex picture for Ethereum price today. Bearish signals include a 64.17% decline in Daily Active Addresses (DAA), indicating that ETH’s recent rally lacks strong network activity support. Additionally, ETH coin saw reduced holding times, hinting at potential short-term sell-offs. Meanwhile, the Cumulative Volume Delta (CVD) turned negative, suggesting selling pressure outweighs buying activity. However, long-term Ethereum price prediction trends remain bullish. Analysts anticipate a potential price surge to $15,937 by May 2025, which would mark a new ETH all-time high. Renowned analyst Benjamin Cowen highlights ETH/BTC’s historical momentum gains in December and January, reinforcing optimism for sustained growth. The burgeoning success of Ethereum Exchange-Traded Funds (ETFs) has further fueled bullish sentiment, with ETH news reporting inflows surpassing $1.17 billion since November 29. The BlackRock Ethereum ETF led the charge, attracting $292 million in a single day. While short-term corrections may occur, the combined influence of ETF inflows, increased DApp activity, and broader crypto market resilience positions Ethereum for continued growth into 2024 and beyond. Also Read: Optimism Price Prediction 2024, 2025, 2030 -
By tradinglounge · Posted
Elliott Wave Analysis TradingLounge Dogecoin/ U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave ((C)) Direction Next higher Degrees: wave (C) of ((4)) Wave Cancel invalid Level: Details: The corrective of Wave ((4)) before Increase again in Wave ((3)) Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy: Wave (3) appears to have ended and price is now entering a correction phase in wave (4), so wait for the correction to complete to rejoin the trend. Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum. Dogecoin/ U.S. dollar(DOGEUSD) DOGEUSD Elliott Wave Technical Analysis Function: Counter trend Mode: Corrective Structure: Flat Position: Wave ((C)) Direction Next higher Degrees: wave (C) of ((4)) Wave Cancel invalid Level: Details: The corrective of Wave ((4)) before Increase again in Wave ((3)). Dogecoin/ U.S. dollar(DOGEUSD)Trading Strategy: Wave (3) appears to have ended and price is now entering a correction phase in wave (4), so wait for the correction to complete to rejoin the trend. Dogecoin/ U.S. dollar(DOGEUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here! -
Every now and then, a project comes along that gets both traders and developers talking. Movement ($MOVE) is one of those rare cases, and for good reason. In a sea of Layer 2 solutions, $MOVE is taking a completely different approach by combining MoveVM with Ethereum’s EVM bringing the best of both worlds into one ecosystem. Let’s break it down: $MOVE isn’t just about speed (though it delivers a staggering 145K TPS) or low gas fees (which it has nailed). It’s about the bigger picture—making blockchain scalable, secure, and developer-friendly without breaking the user experience. The Move programming language brings unparalleled security with formal verification, and the fact that Solidity devs can seamlessly migrate to this ecosystem makes it even more powerful. But what’s really interesting is the market’s reaction. $MOVE launched just recently and is already trading at $0.7552, with a 151% surge in value since listing. The trading volume is climbing fast, and it’s clear that both retail and institutional players are paying attention. This isn’t just a short-term pump; it’s a project with real fundamentals driving its momentum. What’s also worth noting is how $MOVE is positioning itself within the broader MoveVM ecosystem. With projects like $SUI and $APT showing strong performance, it’s clear that this tech is gaining traction across the board. $MOVE is carving out its space as a leader in the next phase of Layer 2 development. If you’re keeping tabs on $MOVE, you’ve probably seen the BingX 40,000 $MOVE prize pool eventmaking the rounds. While events like these are great for getting people involved, the real story here is the innovation behind the token. It’s one of those projects where the hype feels justified, and the early momentum is backed by serious technology and vision. For anyone watching the blockchain space closely, $MOVE isn’t just another listing, it’s a step forward. The question isn’t whether $MOVE will make an impact; it’s how far it can go.
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