Ethereum course reaches Golden Cross: what will ETH do this week?

Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.

The Ethereum course has shown an important technical signal, because a Golden Cross could be seen on the weekly graph. This is often seen as an omen of a substantial price rise. Investors and analysts dive en masse in the Ethereum, what will Ethereum do this week?

Golden Cross on the weekly graph, what does this mean for the Ethereum course?

The Golden Cross is a well-known and popular technical signal and arises when a short-term average (the 50-day average) crosses the long-term average (200-day average). At Ethereum this signal is now confirmed on the weekly graph, a sign of power.

According to analyst Titan of Crypto, the Golden Cross is extra powerful because it is supported by an upward movement in the RSI. The RSI is about to break through a long -term downward movement. If the RSI is able to break from this, there is a price target of $ 3,100 within reach. At the moment the RSI is moving above average, which stimulates a bullish momentum.

At the moment the Ethereum price is $ 2,617 and with limited resistance an increase towards $ 2,800 is a realistic goal.

Ethereum towards $ 3,500 in the event of outbreak?

Analysts go loose about the Ethereum course expectation and see $ 3,500 as a possible next price. Crypto expert Michaël van de Poppe, for example, sees room for Ethereum to climb between $ 3,400 and $ 3,500. According to him, this is possible if the Ethereum rate remains above $ 2,575.

The consolidation that was visible at Ethereum in recent weeks may therefore be the run -up to considerable increases. Michaël van de Poppe points to an earlier increase, then of 90%.

What will Ethereum do in the short term?

Technical signals and course expectations indicate a rising trend. According to experts on Coincodex, Ethereum looks good for the upcoming period. In the coming days, increases of almost 10%are expected. A potential ROI is feasible for the month of July, according to the data from Coincodex. And after the summer, explosive increases are expected, with a new ATH being portrayed.

Strikingly enough, Ethereum showed 47% green days in the last 30 days, with relatively low volatility. This may indicate that investors have faith on recovery and choose to retain their ETH instead of giving in to purchasing pressure.

New opportunities in the Ethereum ecosystem

Now that there is so much positive news and it seems that Ethereum has substantial price rises in store, new altcoins are given space. Not only new altcoins within Ethereum, but presale tokens in general receive more attention from investors. Crypto Presale projects temporarily offer their tokens at a reduced rate. In this way, investors can get acquainted with the project in an accessible way, while they are often overloaded with benefits such as strike relaxes and voting rights on the board.

These new crypto coins often respond to shortcomings of large networks. With the use of AI or other systems, they tackle in targeted problems, while integrating humor in the project in a sublime way. We share the top 3 newest and best presales below with their peak.

TOKEN6900 $T6900

One of the most striking new projects is Token6900 ($ T6900). This is not just a new presale, it is a project without utility and without false promises. That is why Token6900 is striking. In the middle of all chaos, economic crisis and false promises, Token6900 is launching this project to hold a mirror to the economic circus that has produced us.

They do not promise mountains with money, but the possibility to stop the $ T6900 against an attractive APY. This is already possible from the presale. It is an ERC-20 token that drives nothing more than ‘vibes’ and has a nostalgic look from 2000. They have just passed their predecessor SPX6900 by developing one token more.

During the Presale, the $ T6900 token is available at the lowest possible price, those who are early can benefit from a possible high ROI after launching. The tokens can be purchased via a wallet, they have a collaboration with Best Wallet for example. A user -friendly platform that is hugely popular. The tokens can be purchased with ETH and USDT, among others.

Although there are no real utility’s, Token6900 offers airdrops in the future in addition to the strike options.

Now to the Token6900 website

Bitcoin Hyper $HYPER

Bitcoin Hyper $ Hyper is still a striking presale. Bitcoin Hyper links his name to Bitcoin and launches an innovative Layer 2 network where it combines the strongest sides of both Solana and Bitcoin. Bitcoin Hyper does this by applying Solana’s Virtual Machine (SVM) to the Layer 2 Network. This allows transactions and smart contracts to be processed at lightning speed. Instead of storing it on Layer 2, it is returned to Bitcoin after processing. Here it can take advantage of the safety that Bitcoin’s network can offer.

Both Solana and Bitcoin are prominent networks and are known for their individual power. Solana for the speed and flexibility and bitcoin for enormous safety. How beautiful it is that these two are bundled by a Layer 2 network. In addition, Bitcoin Hyper works according to the proof of stake system, which consumes less energy. As a result, Bitcoin Hyper is one of the sustainable crypto coins at the moment.

Bitcoin Hyper also works on new projects such as fast payments, token Swaps, NFT apps and games. Strike is already possible from the presale. Investors can therefore immediately earn passive income with crypto. In addition, developers can use tools such as SDK and API to build their own projects. The token price gradually increases during the presale, which stimulates investors to connect early.

15% of the token stock is reserved for the rewards, including for strike. 10% goes to listing, 20% is for marketing so that the ecosystem can spread strategically, 30% are for the development of the project and 25% goes to the treasury and is stored for other projects.

Now to the Bitcoin Hyper website

Snorter Token $SNORT

Snorter token $ Snort is a telegram native crypto bone on Solana and already attracts a lot of attention to the market during the presale. Snorter Token offers a lot of competitive advantage, which leaves the comparable crypto trading bots behind. The launch of this project is at an excellent time and responds to a fast -growing crypto trading Bot Markt, which was appreciated at $ 41 billion last year.

Snorter Token positions itself as the fastest and cheapest crypto trading bone. This is mainly due to the fee reduction for $ Snort token Holders. Instead of the 1.5% fee, token hollowers pay only 0.85% fee. One of the biggest competitive benefits that the project offers.

Snorter Token also offers advanced MEV protection and back pull protection with a success rate of 85%. Snorter token also automatically detects fraudulent tokens that cannot be sold and automatically blocks these tokens. In this way, users are well protected. For Traders there is also a copy-trading function, with which TOP traders can be copied and applied to their movements in their own strategy. The great thing about this is that Snorter Token allows you to manage your own position, so that the strategy fits in with your budget.

It is possible to stop the $ snort token during the presale to earn a passive income. The rewards fall as the project progresses. The price per token is also gradually increasing, so taking action is rewarded. The tokens can be purchased via Best Wallet with USDT, SOL, ETH, BNB, USDC and with a credit card.

Now to the Snorter Token website

Disclaimer: This article is a press release and Newsbit is not responsible for the content, accuracy or completeness of the information provided. This article does not form financial advice. Investing in crypto currency or presales entails significant risks, including the risk of losing your full contribution. Always do your own research before you make investment decisions.