Ascending – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sun, 29 Jun 2025 17:25:40 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Ascending – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Ethereum Price Prediction: $10,000 Target Returns Amid Multi-Cycle Ascending Channel – Is ETH Ready? https://earlybirdsinvest.com/ethereum-price-prediction-10000-target-returns-amid-multi-cycle-ascending-channel-is-eth-ready/ https://earlybirdsinvest.com/ethereum-price-prediction-10000-target-returns-amid-multi-cycle-ascending-channel-is-eth-ready/#respond Sun, 29 Jun 2025 17:25:40 +0000 https://earlybirdsinvest.com/ethereum-price-prediction-10000-target-returns-amid-multi-cycle-ascending-channel-is-eth-ready/

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Arslan Butt

Crypto Writer

Arslan Butt

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Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis…

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During the US session on Sunday, Ethereum (ETH) is looking strong at $2,457, up 1.27% on the day. This is in line with the growing chatter that ETH could reach $10,000 in this cycle, as it has been stuck in a multi-year channel since 2017.

Crypto analyst Ted Pillows highlights the significance of Ethereum’s long-term rising trend. Historical touchpoints along the lower band of this channel have triggered massive rallies, with increases of up to 300x in 2017 and 50x in 2020. While such extreme multiples are less likely now due to ETH’s $292 billion market cap, Pillows believes a climb toward $10,000 remains plausible.

However, technical resistance must first be overcome. ETH was twice rejected near $2,600 in June. Analysts like Crypto Patel signal a clean break, and a close over $2,800 would confirm a bullish shift, potentially targeting $4,000 and beyond.

Whale Activity and Withdrawals Reflect Long-Term Belief

On-chain data supports the bullish thesis. Whale wallets and institutions are steadily accumulating ETH, even as price action remains range-bound. Lookonchain reports SharpLink Gaming acquired $4.82 million worth of ETH OTC, raising its total exposure to $478 million.

Additional signs of confidence:

  • $4.56M deposited into Ethereum’s Beacon Chain, likely for staking
  • $293M withdrawn from exchanges—suggesting a move to cold wallets
  • Low volatility accompanied by high-value transfers

These patterns suggest whales are preparing for future appreciation rather than trading short-term moves.

Network Growth vs Market Price: Disconnect or Opportunity?

Ethereum’s network activity is surging. Daily transactions have topped 1.5 million, and active addresses exceed 356,000—the highest levels since early 2023. Gas fees have jumped 130% in a week, reaching $10.26M, indicating increased demand for DeFi and NFT platforms.

Despite this, ETH’s price lags. Key valuation indicators reflect caution:

  • NVT Ratio spiked to 2044—implying price may be ahead of usage
  • MVRV Z-score dipped into negative territory, suggesting holders are underwater

This disconnect between price and fundamentals could be a hidden buying opportunity—or a sign of excessive hype.

Bitcoin Final Take: Breakout Depends on Key Levels

Although the Ethereum price prediction remains bullish, is it really heading toward $10,000? Well, that depends on:

  • Break above $2,800 to confirm the trend
  • Whale interest and staking flows to stick
  • Network usage to translate into price gains

If ETH maintains its support around $2,400 and Bitcoin’s dominance stabilizes, Ethereum may follow with a breakout. Analysts at XForceGlobal expect a Wyckoff-style move toward $9,400 if momentum builds.

For now, ETH’s bullish trajectory is intact—but upside depends on reclaiming key resistance levels and validating long-term investor conviction through sustained volume and accumulation.

Bitcoin Hyper Presale Surges Past $1.74M as Price Rise Nears

Bitcoin Hyper ($HYPER), the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), has surpassed $1.74 million in its public presale, with $1,748,091.98 raised out of a $1,974,249 target. The token is priced at $0.012075, with the next price tier expected within hours.

Designed to merge Bitcoin’s security with Solana’s speed, Bitcoin Hyper enables fast, low-cost smart contracts, dApps, and meme coin creation, all with seamless BTC bridging. The project is audited by Consult and engineered for scalability, trust, and simplicity.

The golden cross of meme appeal and real utility has made Bitcoin Hyper a Layer 2 contender to watch in 2025. With staking, a streamlined presale, and full rollout expected by Q1, $HYPER is gaining serious traction.


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Macro Guru Luke Gromen Sees Bitcoin Benefiting From Gold Ascending As New Settlement Asset https://earlybirdsinvest.com/macro-guru-luke-gromen-sees-bitcoin-benefiting-from-gold-ascending-as-new-settlement-asset/ https://earlybirdsinvest.com/macro-guru-luke-gromen-sees-bitcoin-benefiting-from-gold-ascending-as-new-settlement-asset/#respond Mon, 14 Apr 2025 21:58:32 +0000 https://earlybirdsinvest.com/macro-guru-luke-gromen-sees-bitcoin-benefiting-from-gold-ascending-as-new-settlement-asset/

Investor Luke Gromen says that Bitcoin (BTC) may catch a boost from gold if the precious metal usurps US Treasuries to become the preferred settlement asset.

In a new video update, Gromen says that if the White House truly wants to reshore American manufacturing as stated, the US will have to learn to stop or at least slow down the exporting of the dollar and Treasuries.

To achieve the current administration’s goal, the macro guru says the White House could allow gold to become the primary settlement asset instead of the dollar or Treasuries.

A settlement asset is a financial instrument used by central banks and governments to settle a trade or monetary obligation.

Gromen also says that if gold becomes the new settlement asset, investors might start to see Bitcoin as a reliable alternative.

Explains Gromen,

“We can export Treasuries and financial assets, or we can make stuff, but if we want to make stuff, that’s the end of the post-1971 US dollar reserve status structure. And it’s an underappreciated point.

The way you get around it is you shift the settlement asset away from Treasuries to a neutral reserve asset like gold. I think that process has been started.

I thought it was extraordinarily interesting and potentially important that Trump did not put tariffs on gold. He put tariffs on everything else in the world, including an island full of penguins, apparently, but not gold, which tells me that’s where we want capital to go, and that’ll weaken the dollar which, guess what, if gold goes up a bunch, it’ll strengthen the dollar system because it’l be more gold-backed and you’re going to weaken the dollar. That’s how you split the baby around Triffin’s Dilemma and a neutral reserve asset.

I think Bitcoin probably benefits over time from that, too.”

The Triffin’s Dilemma is a concept established by economist Robert Triffin that notes a paradox between the need of the United States to run trade deficits to supply the world with enough USD, while keeping inflation and confidence in the currency at reasonable levels.

At time if writing, Bitcoin is trading for $84,603.

 

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XRP Tests Ascending Triangle Resistance – Can Bulls Reach $2.40 Level? https://earlybirdsinvest.com/xrp-tests-ascending-triangle-resistance-can-bulls-reach-2-40-level/ https://earlybirdsinvest.com/xrp-tests-ascending-triangle-resistance-can-bulls-reach-2-40-level/#respond Mon, 14 Apr 2025 17:35:22 +0000 https://earlybirdsinvest.com/xrp-tests-ascending-triangle-resistance-can-bulls-reach-2-40-level/

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XRP has emerged as one of the strongest-performing assets in recent weeks, defying broader market volatility and mounting macroeconomic uncertainty. After a rough start to the month, XRP has rebounded sharply, posting a 32% gain from last Monday’s low. The token’s resilience has caught the attention of analysts and investors as it continues to outperform many of its peers in the altcoin space.

Related Reading

Much of this strength is attributed to growing optimism that macroeconomic tensions—particularly around global trade policies and inflation—may begin to ease. If this trend continues, XRP could be well-positioned to lead the next leg of the crypto recovery.

Top crypto analyst Ali Martinez added to the bullish narrative, sharing a technical analysis showing that XRP is currently trading within an ascending triangle—a pattern typically associated with upward breakouts. Martinez identifies $2.22 as the critical resistance level to watch. If bulls can push above that line, it could open the door to a move to higher price levels.

With momentum building and technical indicators aligning, XRP appears to be approaching a pivotal moment. The next move could determine whether this rally has more room to run—or if resistance will stall the breakout.

XRP Bulls Eye Breakout As Market Looks for Direction

XRP bulls are gaining confidence as the market shows signs of stabilization following weeks of volatility. With global tensions still unresolved, the broader crypto environment remains uncertain—but XRP has managed to hold its ground, consistently trading above the $1.80 level. This steady performance has analysts optimistic that the token could be preparing for a strong move higher, especially if macroeconomic pressure starts to ease in the coming weeks.

The anticipation surrounding potential monetary policy shifts and cooling inflation expectations could create a more favorable environment for risk-on assets like XRP. Some market participants are betting that as clarity returns to the global economy, high-conviction assets will lead the charge—and XRP is firmly on that list.

However, not all analysts agree that the rally will be smooth. A more cautious view suggests that the market might need one more correction to establish a solid foundation. This scenario would involve a dip below current levels to set a new demand zone before the next leg up begins.

In the meantime, Martinez identified a key pattern unfolding: XRP is trading within an ascending triangle—a bullish continuation setup. According to Martinez, the $2.22 resistance level is the crucial threshold. A confirmed breakout above this level could trigger a surge toward $2.40, potentially marking the start of a broader upward trend.

XRP bullish channel formation | Source: Ali Martinez on X
XRP bullish channel formation | Source: Ali Martinez on X

As traders watch price action closely, XRP’s ability to hold key support and test the top of its triangle could determine its next big move. The coming days may prove pivotal in shaping the short-term future of this high-profile altcoin.

Related Reading

Daily Price Action Leans Bullish After Reclaiming Key Averages

XRP is currently trading at $2.14 after a strong move that saw the token reclaim both the 200-day moving average (MA) at $1.89 and the 200-day exponential moving average (EMA) at $1.95. This bullish development signals a potential shift in trend, as XRP bulls now hold a short-term momentum advantage. Holding above these key indicators is essential for sustaining upward pressure and building confidence in a broader recovery.

Price trading above the 200-day MA & EMA | Source: XRPUSDT Chart on TradingView
Price trading above the 200-day MA & EMA | Source: XRPUSDT Chart on TradingView

The next major hurdle lies at the $2.60 daily supply zone. A clean break above that level could open the door for a continuation rally targeting higher resistance zones. For now, bulls will need to maintain strong buying interest and volume to test and eventually breach that level.

However, downside risks remain. If XRP fails to hold the $2.00 psychological support, a deeper correction could unfold. This would invalidate the recent breakout and potentially send the token back toward the $1.80 zone or lower, depending on broader market conditions.

Related Reading

For now, all eyes are on whether XRP can consolidate gains above $2.00 and sustain enough momentum to challenge the next supply region. Traders should monitor volume and broader market cues for confirmation.

Featured image from Dall-E, chart from TradingView 

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Ethereum Price Maintains Movement Inside Ascending Triangle, Is Another Crash Coming? https://earlybirdsinvest.com/ethereum-price-maintains-movement-inside-ascending-triangle-is-another-crash-coming/ https://earlybirdsinvest.com/ethereum-price-maintains-movement-inside-ascending-triangle-is-another-crash-coming/#respond Mon, 10 Mar 2025 21:39:02 +0000 https://earlybirdsinvest.com/ethereum-price-maintains-movement-inside-ascending-triangle-is-another-crash-coming/

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Crypto analyst Trend Diva has provided an in-depth analysis of the current Ethereum price action. She revealed that ETH is still moving inside an ascending triangle but warned that it could suffer further downside pressure if it fails to stay above a crucial support level. 

Ethereum Price Still Inside An Ascending Triangle Despite Recent Crash

In a TradingView post, Trend Diva revealed that the Ethereum price is moving inside a clear ascending triangle. The upper boundary acts as long-term resistance, and the lower boundary provides dynamic support. This analysis comes amid ETH’s recent decline below $2,000. 

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The analyst noted that after a steady climb, the Ethereum price started showing weakness, confirmed by a head and shoulders pattern, which she claimed is a common sign that the trend might reverse. This weakness led to a strong drop for ETH, bringing its price down to the key support zone around $2,000

Trend Diva stated that this support area is important for the Ethereum price because it meets with a major trendline, making it a likely spot where buyers could step in. She added that the volume profile also shows a lot of activity in this zone, meaning traders have been interested in these levels before.

Ethereum
ETH within an ascending triangle pattern | Source: Trend Diva on Tradingview

 The analyst further remarked that if the Ethereum price holds above this $2,000 support, it could bounce towards the $2,800 level, which represents a previous resistance. However, she revealed that a breakdown below the trendline shifts the bias bearish towards $1,414. 

For now, as long as ETH stays above $2,000, a rebound to $2,800 is still on the horizon. 

It is worth mentioning that the Ethereum price briefly lost the $2,000 support level following a crypto market crash on Sunday. As such, there is also the possibility that it could drop to as low as $1,414 as Trend Diva warned. 

A Drop To As Low As $1,250 Is Also On The Cards

In an X post, crypto analyst Ali Martinez said the Ethereum price seems to be breaking out of a parallel channel. He added that ETH could drop to as low as $1,250 if momentum sustains. ETH whales look to be doing everything possible to defend the $2,000 support zone and prevent Ethereum from dropping to these new lows. 

Related Reading

Martinez revealed that the largest whales on the network have bought 330,000 ETH in the last 48 hours. This massive whale accumulation could help prevent further downside pressure and possibly spark a bullish reversal for the Ethereum price. 

At the time of writing, the Ethereum price is trading at around $2,065, down over 5% in the last 24 hours, according to data from CoinMarketCap.

Ethereum
ETH trading at $2,129 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from iStock, chart from Tradingview.com

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Solana Price Stays Within Ascending Channel — Is $387 Next? https://earlybirdsinvest.com/solana-price-stays-within-ascending-channel-is-387-next/ https://earlybirdsinvest.com/solana-price-stays-within-ascending-channel-is-387-next/#respond Sun, 09 Feb 2025 17:29:05 +0000 https://earlybirdsinvest.com/solana-price-stays-within-ascending-channel-is-387-next/

After a relatively solid performance in January — which saw the altcoin reach $290, SOL started February with a deep correction beneath the $200 level. However, the Solana price could be on its way to a new all-time high, as it continues to trade within an ascending channel on a larger timeframe.

Here’s How SOL Price Could Climb To New All-Time High

In a February 8 post on the X platform, popular crypto analyst Ali Martinez has painted a fresh bullish outlook for the Solana price over the next few weeks. According to the trader, the price of SOL could experience a significant rally beyond its current record high and towards $387.

The reasoning behind this bullish forecast is the formation of an ascending channel pattern on the Solana chart on the daily timeframe. An ascending channel is a technical analysis pattern composed of two major (upward-sloping) trendlines; the upper line connecting the swing highs and the lower line connecting the swing lows.

Typically, the asset’s price remains within the ascending channel; with the upper boundary line often serving as a resistance area and the lower trendline serving as a support zone. Investors can trade as price swings between the pattern’s support and resistance levels or enter a position following a breakout or breakdown.

The ascending channel pattern suggests the persistence of an upward price trend. However, a breakout of this channel can be used to identify a trend reversal or continuation. If a breakout occurs beneath the lower trendline, it suggests that there might be a shift from an upward trend to a downtrend. A breakout above the upper boundary line, on the other hand, signals the continuation of the uptrend.
Solana price
Source: Ali_charts/X
As shown in the chart above, the Solana price is testing a key support area at the lower boundary of this ascending channel. Martinez highlighted that if this support level holds strong could strengthen SOL’s case for a price rebound.

According to the crypto analyst, this support level of around $195 could act as a springboard for the Solana price rally to a new all-time high. Martinez put forward in his analysis a target of $387, which would represent an over 91% rally from the current price point.

Solana Price At A Glance

As of this writing, the price of SOL has recovered above the $200 mark, reflecting a more than 4% increase in the past 24 hours.

Solana price
The price of SOL reclaims the $200 level on the daily timeframe | Source: SOLUSDT chart on TradingView

Featured image from Aivaras Sakurovas | Dreamstime.com, chart from TradingView

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