• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: 10 Thousand Dollar Prediction for the Altcoin King! Popular Analyst Explained!
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Altcoin News > 10 Thousand Dollar Prediction for the Altcoin King! Popular Analyst Explained!
Altcoin News

10 Thousand Dollar Prediction for the Altcoin King! Popular Analyst Explained!

vitalclick
Last updated: November 20, 2024 12:59 pm
6 months ago
Share
SHARE

While there is a general rise in the cryptocurrency market, Ethereum $3,128 Its price has decreased by over 1% in the last week. Famous analyst Ali Martinez said that following the rally of Ethereum and S&P 500, Bitcoin $93,344He claimed that he would surpass . Martinez mobilized investors by stating that ETH could rise to the $ 10,000 level.

“Ethereum Will Overtake Bitcoin in This Cycle”Whale Accumulation and Technical Data Support Uptrend

“Ethereum Will Overtake Bitcoin in This Cycle”

Crypto analyst Ali Martinez stated that Ethereum outperforms Bitcoin in every market cycle. “We have not yet reached such a stage in this cycle, but it will happen very soon,” said Martinez, drawing attention to the upward potential of Ethereum.

ETH price corrected 10% from $3,400 in November. However, strong support at the $3,000 level led investors to maintain interest. According to on-chain data, 6.14 million Ethereum was collected by 2.82 million addresses around $3,000.

Whale Accumulation and Technical Data Support Uptrend

Another crypto analyst, IamCryptoWolf, argued that ETH will reach the $10,000 target if it exceeds the $4,000 level. “Ethereum has established a solid foundation by creating rising lows over the last 2.5 years,” the analyst said. “Momentum is building slowly, but it will accelerate once we pass $4,000,” he said.

The recent accumulation of Ethereum whales also supports these predictions. Since the beginning of November, whales have purchased 430,000 ETH, bringing the total value of these purchases to $1.4 billion. This process exhibits bullish potential consistent with Ethereum’s MVRV ratio, which shows a lower realized value than its market cap.

ETH price is currently trading at $3,110. Ethereum’s transaction volume, which has decreased by 1% in the last 24 hours, decreased by 23%. However, the 1% increase in futures open interest strengthens the market’s bullish signals.

Ethereum’s future price movements are being watched carefully due to the influence of whales and market dynamics. Analysts emphasize that investors should take careful and strategic steps during this period.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.

You Might Also Like

Shock drop in Ripple’s XRP! Deleted 90 percent

Preparation of $ 144 billion of Altcoin! The option to remove a special coin on the table

This Altcoin Became Trending Again With CEX Transfer! Coin Transfers to Stock Exchanges Continue!

Bitcoin Rises, Altcoins Fall! What’s Happening?

POPCAT Coin 2025 Price Target and Altcoins Prediction

TAGGED:Altcoin
Share This Article
Facebook Twitter Email Print
Previous Article Shiba Inu Price Hints Bullish Reversal, Eyes To Hit $0.000030?
Next Article Gen Z Kid’s Crypto Hustle Ends with Missed $4M Opportunity
Leave a comment

Leave a Reply Cancel reply

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

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?