Can the rise of XRP lead to a test of the $2.70 mark?
U.Today
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Vitalik Buterin Warns Validators About Hidden Trust Risks — Is ETH Entering Its Most Critical Security Phase Before Staking ETFs Launch?
Vitalik Buterin recently highlighted potential unseen risks for Ethereum validators. This alert raises critical questions about Ethereum`s security ahead of the much-anticipated staking ETFs launch. What could this mean for the future of ETH and its place in the crypto market? Discover which coins might be poised for significant growth in this pivotal moment. Ethereum Eyes Higher Gains as Prices Climb Source: tradingview Ethereum shuffles within a price range from mid to low $4,000s. It eyes the $4,480 mark as the next milestone to break. Recent data shows Ethereum`s price changing by over four percent in a week and three percent in a month, while surging more than one hundred percent over six months. Support sits just above $3,500, suggesting a solid foundation. If momentum continues, reaching near $4,945 could be plausible, offering a potential upswing of about fifteen percent. Indicators like the RSI and Stochastic hint at possible growth. Overall, Ethereum shows resilience and might be poised for further climbs, drawing interest from traders looking for promising returns. Conclusion Vitalik Buterin`s recent remarks highlight critical issues that validators need to consider. Ensuring the security of ETH is paramount, especially ahead of potential innovations in the market. This period could define the future stability and integrity of ETH. Stakeholders will need to address these concerns to maintain trust and protect their investments. The coming phase might be one of the most important for ETH to navigate. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. U.Today
Crypto Analyst Shows The Possibility Of The Ethereum Price Reaching $16,000
Ethereum’s bullish momentum has intensified throughout the weekend, with the price climbing above $4,100. This steady recovery follows a strong rebound from the $3,500 region after a crash earlier in the month. Investor sentiment, as shown by trading volume and flows on exchanges, has turned optimistic amidst the recovery. Now that Ethereum’s price action is starting to turn bullish again, a new technical analysis shared by crypto analyst Freedomby40 on the social media platform X suggests that the current rally could be far from over, projecting a possible long-term climb to $16,000. Wave Count Structure Points To A Continuation Phase Freedomby40’s analysis, which is based on the Elliott Wave structure, presents Ethereum as currently positioned in an extended bullish sequence that began forming in late 2022. Posting the technical analysis on X, the analyst noted that Ethereum’s price action looks great for a continuation. Related Reading: Here’s What Happens To The Ethereum Price If Bullish Momentum Holds His chart shows that the asset has just completed a corrective phase and is entering a renewed impulse wave, with support established between $3,225 and $3,563 at the 0.5 and 0.382 Fibonacci retracement zones, respectively. The analyst labels this zone as the ideal accumulation area for the next leg up, consistent with previous cycle structures seen in 2017 and 2021. The Elliott Wave projection in his analysis presents a multi-layered confluence of impulse waves extending to the third degree. It illustrates that Ethereum is currently unfolding its fifth major impulse wave in a structure that traces back to mid-2022. The internal structure of this wave sequence also reveals a C wave in motion, which itself contains smaller sub-impulse waves. Within that C wave, Ethereum appears to be entering its own fifth sub-wave, which is known to be a decisively bullish wave. Based on this setup, the analyst outlined two potential target zones on the chart: a green box representing the realistic price range for this wave cycle and a red box depicting the higher, more extended scenario that could push Ethereum’s market cap into the trillion-dollar level. Fibonacci Extensions Predict Targets Of $9,000, $11,000, And $16,000 Freedomby40’s analysis identifies multiple price levels based on Fibonacci extensions from the current price action. The first price target is at $6,303, which is based on the 1.0 Fibonacci extension. This initial price target will see the Ethereum price break above its current all-time high, but this is the first of many. Related Reading: Institutions Exit Bitcoin In Large Tranches, Ethereum, Solana And XRP See Massive Buy-Ins The next target, the 1.236 extension, is positioned around $9,013. These two price targets ($6,303 and $9,013) were described by the analyst as very realistic. Possible extensions are at the 1.382 and 1.618 Fibonacci extension levels, corresponding to $11,210 and $16,077, respectively. At the time of writing, Ethereum is trading at $4,160, up by 5.2% in the past 24 hours. Freedomby40’s outlook joins a growing list of ultra-bullish Ethereum price forecasts from institutional research desks and top analysts. Standard Chartered Bank recently raised its 2025 price target for Ethereum to $7,500, while projecting a potential long-term path to $25,000 by 2028. Featured image from iStock, chart from Tradingview.com U.Today

