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The Ethereum worth slumped 2% within the final 24 hours to trade at $2,552 as of 03:18 a.m. EST on buying and selling quantity that surged 32% to $18.7 billion.
This comes as crypto influencer Ben Armstrong, popularly often called Bitboy Crypto, says that XRP may flip Ethereum in market capitalization by 2025. BitBoy cited XRP’s outstanding efficiency in 2018, when it rose to be the 2nd ranked crypto by market cap, pushing ETH to 3rd.
In 2018, $XRP already flipped Ethereum as soon as. And in 2025, it is going to occur once more. Prepare for the following bull run. $XRP Military is aware of what’s coming.
— The BitBoy (@BenArmstrongsX) October 21, 2024
Ethereum Value Goals For A Bullish Pattern Reversal
The Ethereum worth has been on a bearish pattern in October, because the bears took management of the worth on the $2,685 resistance zone, pushing ETH to the $2,351 assist zone, forming a rounding backside sample, in keeping with information from GeckoTerminal.Â
ETH just lately took one other correction from the resistance zone, which resulted within the worth of Ethereum buying and selling under each the 50-day and 200-day Easy Transferring Averages (SMAs)
The Relative Energy Index (RSI) is presently round 37.40, barely above the oversold area (under 30). Whereas this isn’t overbought, it means that the asset is comparatively weak however has room for an upward transfer if shopping for curiosity will increase.
The technical indicators on this chart present a bullish outlook, supported by the golden cross at $2,508, and the potential rounding backside sample suggests upward momentum. The low RSI gives room for development earlier than any overbought circumstances set in.
The Ethereum worth may surge if the pattern picks up, because the bulls goal $3,000.

In the meantime, Ethereum may plunge again to the $2,400 assist if the bears take cost of the worth, forming a formidable cushion in opposition to downward stress.
As Ethereum worth bulls purpose to push ETH by way of a bullish rally, traders searching for new alternatives may take into account a brand new meme coin ICO known as Flockerz (FLOCK).
Based on 99Bitcoins, a well-liked crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after its launch.
Flockerz Raises Over $1 Million In Blockbuster Presale
Flockerz introduces an modern decentralized group construction, permitting holders to actively information the challenge’s route by way of a novel vote-to-earn (V2E) mechanism.Â
This function empowers the group and rewards members for his or her involvement, making a extra engaged and dynamic ecosystem.
The underlying framework of Flockerz is anchored in a decentralized autonomous group (DAO) known as Flocktopia, the place each holder’s voice issues.
When a brand new suggestion is introduced, members of The Flock vote, and are rewarded for it.
To take part within the voting course of, customers should purchase $FLOCK tokens. The larger the variety of tokens you personal, the extra affect you have got in voting.Â
The flock is flying excessive! We’ve formally crossed $300K! pic.twitter.com/MsLc5PeoyX
— Flockerz (@FlockerzToken) September 28, 2024
Other than V2E rewards, customers can earn passively by way of the platform’s staking mechanism, which gives a sky-high annual yield of 1,657%.
Traders all for taking part within the presale can visit the official Flockerz website to buy FLOCK tokens for $0.0058394 per token utilizing BNB, ETH, USDT, or a financial institution card.Â
Purchase earlier than a worth hike in lower than 22 hours to safe the most effective deal.
Associated Information
Most Searched Crypto Launch – Pepe Unchained
- Layer 2 Meme Coin Ecosystem
- Featured in Cointelegraph
- SolidProof & Coinsult Audited
- Staking Rewards – pepeunchained.com
- $10+ Million Raised at ICO – Ends Quickly
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