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    Home - News - Will Ethereum Price Mirror the BTC Pattern After ETF Launch? New ATHs in 3-4 Weeks: Is the Altcoin Preparing for a Major Rally?
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    Will Ethereum Price Mirror the BTC Pattern After ETF Launch? New ATHs in 3-4 Weeks: Is the Altcoin Preparing for a Major Rally?

    Sandeep JadhavBy Sandeep JadhavJuly 25, 20245 Mins Read
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    Will Ethereum Price Mirror the BTC Pattern After ETF Launch New ATHs in 3-4 Weeks Is the Altcoin Preparing for a Major Rally
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    The crypto market is calm, with experts and traders alike anticipating a robust bull run. Altcoins remain at attractive entry points but are slowly starting to rise. The potential for an explosive surge is palpable, keeping investors on edge. Ethereum, in particular, is capturing attention.

    As the market waits for Ethereum’s possible leap, many wonder if it will follow Bitcoin’s pattern post-ETF launch. Predictions suggest that new all-time highs could be seen in just 3-4 weeks. This article will delve into Ethereum’s current positioning and explore which other altcoins could be gearing up for substantial growth.

    CYBRO Presale Climbs Past $1.3 Million: A One-in-a-Million DeFi Investment Opportunity

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    Solana’s Price Movement: Bulls Take Breather Amid Mixed Signals

    Solana (SOL) is currently priced between $159.42 and $197.37. The bulls seem to be taking a breather, as indicated by the Relative Strength Index (RSI) at just over 41 and the MACD in the negative. The recent Stochastic value is also very low, suggesting limited upward momentum in the immediate term. However, the coin has shown strong growth with a 29% increase in the last month and an 85% rise over the past six months. If buying pressure picks up, SOL could test resistance at $210.23, representing a potential rise of about 10%. Further bullish momentum could push it towards the second resistance at $248.18, offering a gain of over 25% from current levels.

    Polkadot (DOT) Bulls Struggle to Overcome Resistance Levels

    Polkadot (DOT) currently ranges between $6.10 and $6.66, revealing a tug-of-war. With a recent dip of over 8% in the last week, bulls seem fatigued. The nearest resistance level stands at $6.88, while the nearest support sits at $5.76. For a bullish breakout, DOT should aim to surpass its second resistance at $7.44, which would represent an upward movement of around 12% from its highest current range. However, the RSI suggests no strong momentum, and the MACD level hints at a bearish trend. If momentum picks up, DOT has the potential to grow but remains cautious for now.

    Avalanche (AVAX) Battles Bears on the Way to $37.36

    Avalanche (AVAX) is juggling between $28.31 and $35.01, suggesting a weak bullish momentum. Bears seem to be holding ground with the nearest support at $23.95, while resistance looms at $37.36. AVAX has shown a modest gain of 10.83% in the past month, yet it carries a six-month loss of nearly 15%. The Relative Strength Index (RSI) is low, around 32, signaling a likely oversold condition, which could push prices up. If momentum shifts positively, AVAX could potentially climb close to 30% to meet the upper resistance at $44.07. However, if bears prevail, the next drop might see support at $17.25.

    Toncoin Bears Grip Prices Amid Weak Bullish Attempts

    Toncoin (TON) is currently priced between $6.90 and $7.55, showing signs of bearish control. The bulls seem weak, unable to push past the resistance at $7.93. Recent trends indicate a weakening with weekly prices dropping by over 6% and monthly by over 11%. However, the longer term 6-month change displays substantial growth at more than 200%. This hints at potential for rebound if it breaks the $7.93 resistance. Conversely, if it falls below the $6.62 support, further decline towards $5.97 is likely. The RSI and Stochastic values are low, signaling oversold conditions, potentially paving the way for a bullish reversal soon.

    Conclusion

    While coins like SOL, DOT, AVAX, and TON may present limited short-term potential, CYBRO shines as a top choice for investors. Its advanced DeFi platform capitalizes on AI-powered yield aggregation on the Blast blockchain to maximize earnings. CYBRO impresses with features like lucrative staking rewards, exclusive airdrops, and cashback on purchases.

    This, combined with easy deposits and withdrawals, ensures a superior user experience. Emphasizing transparency, compliance, and quality, CYBRO draws strong interest from crypto whales and influencers, making it a standout project to watch.

    Site: https://cybro.io

    Twitter: https://twitter.com/Cybro_io

    Discord: https://discord.gg/xFMGDQPhrB

    Telegram: https://t.me/cybro_io

    Also Read: Will the Spot Ethereum ETF Continue to Pull Back ETH Prices?

    Disclaimer and Risk Warning

    This article is a sponsored press release meant solely for informational purposes. OvenAdd neither endorses nor takes responsibility for the content, quality, products, advertising, or accuracy of any materials within this article. The views expressed do not represent those of OvenAdd and should not be considered legal, tax, investment, or financial advice. Readers are advised to conduct their own research before making any significant decisions.

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    Sandeep Jadhav
    • X (Twitter)

    Sandeep got into crypto in 2018 by trading and investing. He began writing about cryptocurrency and blockchain technology in 2020 and now serves as OvenAdd Editor-in-Chief. He has managed numerous crypto-related projects and is passionate about all things cryptocurrency, blockchain, and NFTs.

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