Ethereum Price Prediction: As Ethereum (ETH) tests resistance at $1,750 for 4th day will Ether sink-or-swim? Find out in ETH Price Analysis!

Ethereum (ETH) investors are eagerly awaiting the Shanghai-Capella upgrade, also known as Shapella, which is scheduled for April 12.

The upgrade promises to introduce staking withdrawals on the main network, a feature that was absent during Ethereum’s transition to proof-of-stake (PoS) consensus after the Merge upgrade last September. With the successful launch of Shapella on the Goerli testnet, Ethereum’s core developers have taken a significant step towards the mainnet launch.

The Shapella upgrade is expected to positively impact Ethereum’s price, with analysts predicting an influx of capital as more staking options become available. The release of staked ETH could also act as a bullish trigger, driving the value of Ethereum higher. Furthermore, the Merge upgrade aims to attract institutional investors to the platform, which could boost Ethereum’s value even more.

Ethereum’s current market performance shows promise, as it broke through the $1,700 resistance level, reaching a trading value of $1,723 with weekly gains exceeding 20%. If the Shapella upgrade acts as a bullish catalyst, Ethereum could set its sights on reclaiming the $2,000 mark. However, it’s also possible that Ethereum might face a retest of the $1,500 position, which is acting as a key support level.

Considering the potential positive impact of the Shapella upgrade on Ethereum’s price, this may be an opportune time to invest in ETH. However, investors should take into account the regulatory impact on staking activities and weigh the potential risks before making a decision.

Ethereum (ETH) Price Analysis

Ethereum (ETH) is currently trading at $1,721.50, posting a 2.85% 24-hour gain.

Ethereum Price Prediction: As Ethereum (ETH) tests resistance at $1,750 for 4th day will Ether sink-or-swim? Find out in ETH Price Analysis!

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The second-largest cryptocurrency by market capitalization has been testing key resistance at $1,750 for the fourth consecutive day, following Monday’s impressive 7.5% pump.

This surge helped Ethereum bounce from the lower trendline support and reclaim its position above the 20-day moving average (MA).

Technical indicators paint a mixed picture for Ethereum’s short-term price action. The RSI stands at 61, indicating slight overheating as the market tests the resistance level. This could be a sign of rally fatigue, with a growing bearish divergence emerging.

However, the MACD remains bullish at 19.15, as Ethereum’s price action trades well above the moving averages. This suggests that the current upward momentum could still have room to continue.

On-chain data reveals that Ethereum is in a significant accumulation period, with the 36th consecutive day of net outflow accumulation from exchanges.

Ethereum Price Prediction: As Ethereum (ETH) tests resistance at $1,750 for 4th day will Ether sink-or-swim? Find out in ETH Price Analysis!

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This signals that Ethereum investors are buying and moving Ether into cold storage, with no sell-off imminent.

If Ethereum can successfully break through the $1,750 resistance, the next upside target could be $2,000, representing a 16.75% gain from the current price.

On the downside, a retracement might see Ethereum revisiting the $1,550 level, a 9.52% drop from its current value.

Ethereum Price Prediction: As Ethereum (ETH) tests resistance at $1,750 for 4th day will Ether sink-or-swim? Find out in ETH Price Analysis!

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With a risk-reward ratio of 1.76, Ethereum appears to offer a strong entry point, backed by good upside potential. However, traders and investors should carefully consider the mixed technical indicators and potential downside risk before making any decisions.

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Love Hate Inu (LHINU) is a new crypto project that combines meme coin virality with a Vote-to-Earn system.

Interest is ripping through the market as Love Hate Inu kicked off its presale last Tuesday – and has since raised $1,000,000 in less than two weeks.

The project enables users to express their opinions on controversial figures like Donald Trump, Andrew Tate, and Elon Musk and other topics – all while earning rewards.

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The LHINU ecosystem has a real-time vote staking mechanism that requires a minimum of 30 days of staking $LHINU to prevent spam and manipulation of the voting process.

The ongoing presale is divided into eight stages, and investors are urged to take advantage of the current presale price of $0.00009 to load up their stacks before the next stage increases the price.

By the eighth and final presale stage, LHINU will cost $0.000145, a 70.5% increase.

LHINU is expected to go viral on social media, following in the footsteps of moonshot meme coins like Dogecoin, Shiba Inu, Floki, and Tamadoge.

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With the play-2-earn narrative firmly back in market view following STEPN’s short-lived recovery rally, many investors are looking to find better Move-2-Earn trades with top-tier upside potential.

One solid contender garnering significant attention on crypto Twitter is Fight Out (FGHT), which has been named our overall best crypto presale.

Positioning itself as a more advanced and better-developed STEPN, this new P2E and M2E dApp aims to take you on a journey to becoming your ultimate fighter self.

STEPN struggled due to one-dimensional pedometers which measured only step count and an overpriced ecosystem that forced players into heavy NFT transactions to unlock any real return.

Fight Out aims to achieve success by providing a sophisticated and versatile application that can gauge and incentivize various types of physical activity, ranging from boxing workouts to late-night weightlifting sessions at the gym.

All of this is based around a soulbound avatar (think of this like a STEPN sneaker but that can’t be bought or resold), custom designed by the player and which embodies the user’s fitness journey.

As you train and work out, this is recorded and levels up your soulbound avatar’s stats in real-time – while also earning you in-game $REPS tokens.

These $REPS tokens are redeemable for network native $FGHT, which can be cashed out, spent in the NFT marketplace, or put up for grabs in high-stakes PVP community competitions that pit users against each other to see who can train hardest that week.

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More UFC ambassadors will be announced in March.

And this isn’t limited to the world of MMA, as world champion boxer Savannah Marshall joins the project to lead ambassador challenges and contests.

To make the most of the Fight Out presale you will need to act quickly, with more than $5.5 million raised and investors getting the chance to earn up to 67% in bonus tokens.

The Fight Out team also recently announced the launch of a lucrative referral promo link program, giving users the ability to receive a 5% commission for signing up their friends.

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At this point, a unique referral link will be generated to earn commission, which is then shared with friends and family or posted to social media.

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Love Hate Inu - Next Big Meme Coin

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Love Hate Inu
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