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Cryptocurrency News Articles
Top 6 Cryptocurrencies Set to Surge in 2024 as Ethereum (ETH) Approaches a New All-Time High
Jun 06, 2024 at 07:30 pm
Binance Coin (BNB) has broken its all-time high (ATH), indicating a potential wave of bullish momentum for Ethereum (ETH) and altcoins.
Top 6 cryptocurrencies are poised to surge in 2024 as Ethereum (ETH) approaches a new all-time high. Binance Coin (BNB) has already broken its ATH, indicating a potential wave of bullish momentum for ETH and altcoins.
According to analyst Reflection, who has scanned over 400 charts, ETH will be the next major cryptocurrency to follow BNB’s lead, with altcoins expected to go parabolic in the coming weeks.
Reflection believes that the approval of the Ethereum ETF will bring a massive influx of new liquidity into the cryptocurrency market. This increased liquidity is expected to attract new buyers, generate more attention, and ultimately lead to a state of total euphoria in the market.
With ETH still trading below its ATH, the analyst suggests that now might be the last chance for investors to enter the market early and capitalize on the potential upside.
The ETH/BTC chart, according to Reflection, demonstrates the benefits of purchasing ETH over BTC. As buying ETH becomes more profitable, the same holds true for investing in altcoins. The analyst believes that the market has reached the bottom of the current cycle, setting the stage for ETH to explode in the near future.
After analyzing over 400 charts, Reflection has identified 7 promising altcoins that are expected to print hard during the summer:
While the insights provided by analysts like Reflection can be valuable, they should not be considered financial advice, and investors should always prioritize risk management and diversification.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- CET: The Native Token of the CoinEx Cryptocurrency Exchange
- Sep 25, 2024 at 10:30 am
- CET is the native token of one of the leading cryptocurrency exchanges, CoinEx. It is an ERC-20 token based on the Ethereum network that was launched in 2018.
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- Dogecoin ($DOGE) Primed to Hit $1 By December This Year, Market Analyst Master Kenobi Predicts
- Sep 25, 2024 at 10:25 am
- The early aftermath of the current Federal Reserve (Fed) interest rate cuts has been constructive for the final crypto business as main property like Dogecoin have been displaying optimistic sentiment.
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- IMX Token Price Prediction: Can It Break the $2 Resistance Level and Rally Higher?
- Sep 25, 2024 at 10:25 am
- Over the past 24 hours, IMX has jumped an impressive 12.14%, reaching a price of $1.81. This upswing has stirred speculation about whether the token can break through a key resistance level of $2.
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- How to Play Local Multiplayer in Marvel Vs. Capcom Fighting Collection: Arcade Classics
- Sep 25, 2024 at 10:15 am
- There's no separate versus mode in this compilation. These arcade classics were designed with a primary mode where you feed quarters to try your luck against the CPU.
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- Bitcoin (BTC) Market Value to Realized Value (MVRV) Ratio Hints at an Upcoming Shift in Momentum
- Sep 25, 2024 at 10:15 am
- Ever since the United States announced its latest interest rate cut, Bitcoin [BTC] experienced a gradual rebound in price. The cryptocurrency surged to a peak of over $64,000 on the 23rd of September, gaining 8.5% in value over the last week.
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- Bitget Announces Price Prediction Contest Ahead of Hamster Kombat Coin Listing
- Sep 25, 2024 at 10:15 am
- The contest invites participants to predict the highest HMSTR coin price during its first 24 hours of trading. The winner of the contest will receive $100 in HMSTR tokens if their prediction is the closest to the actual price.
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- Solana (SOL) Poised for a Massive Upside Rally Targeting $165 After Its Consolidation Breakout
- Sep 25, 2024 at 10:15 am
- Solana (SOL), the fifth-biggest cryptocurrency by market cap appears bullish and poised for a massive upside rally following its consolidation breakout.
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- RCO Finance: The Under the Radar Cardano (ADA) Alternative
- Sep 25, 2024 at 10:15 am
- Amidst the uncertainty surrounding Cardano (ADA), RCO Finance presents the perfect opportunity for investors to hedge their investments and make significant returns.
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- EverValue Announces Upcoming Presale of Its EVA Token, Combining Bitcoin-Backed Stability with Innovative Features
- Sep 25, 2024 at 10:15 am
- Unlike traditional platforms, EverValue allows investors to maintain full control of their tokens, without relying on third-party storage solutions.