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Ethereum at $3,300 level while 1Fuel outpaces ADA in presale growth
The post Ethereum at $3,300 level while 1Fuel outpaces ADA in presale growth appeared on BitcoinEthereumNews.com. Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors look to 1Fuel as Cardano (ADA) Ethereum (ETH) struggle. With the current retracements, some altcoins have found it difficult to regain momentum. Ethereum, which rose to $4,000, nearing its ATH of $4,792, has declined drastically. Cardano trails a similar path, falling below $0.91. Should there be more retracements, analysts suggest they might consolidate at their current values or experience further decreases. However, a new token, 1Fuel, has been gaining traction and recording an increase in sales. Currently, in its second phase selling at $0.012, 1Fuel has raised $835,000, with experts ranking it among the best cryptocurrencies to buy for 2025. ETH struggles to maintain bullish momentum In the past 24 hours, ETH has struggled to break out of $3,477 resistance and has assumed a bearish state with a high chance of ETH dipping below $3,300 before a rebound. ETH’s long/short ratio — a metric to track the ratio of buyers to sellers in the market — is at 0.98 and on the verge of entering 1, a bullish sign. This means that investors believe that ETH still has the potential to increase, allocating more funds to it. However, if ETH reverses from its current price, there’s a possibility of it dipping to $3,000, which will result in a massive loss for these investors. The uncertainty surrounding the ETH’s rally has caused investors to eye 1Fuel because of its potential offerings. 1Fuel has recorded a massive increment in its token presales, and it’s set to change the investment narratives in the cryptocurrency market in 2025. ADA faces high-selling pressure ADA is currently trading at $0.86. The token has seen a 9.63% decline in its trading volume. This indicates that…
The post Ethereum at $3,300 level while 1Fuel outpaces ADA in presale growth appeared on BitcoinEthereumNews.com.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Investors look to 1Fuel as Cardano (ADA) Ethereum (ETH) struggle. With the current retracements, some altcoins have found it difficult to regain momentum. Ethereum, which rose to $4,000, nearing its ATH of $4,792, has declined drastically. Cardano trails a similar path, falling below $0.91. Should there be more retracements, analysts suggest they might consolidate at their current values or experience further decreases. However, a new token, 1Fuel, has been gaining traction and recording an increase in sales. Currently, in its second phase selling at $0.012, 1Fuel has raised $835,000, with experts ranking it among the best cryptocurrencies to buy for 2025. ETH struggles to maintain bullish momentum In the past 24 hours, ETH has struggled to break out of $3,477 resistance and has assumed a bearish state with a high chance of ETH dipping below $3,300 before a rebound. ETH’s long/short ratio — a metric to track the ratio of buyers to sellers in the market — is at 0.98 and on the verge of entering 1, a bullish sign. This means that investors believe that ETH still has the potential to increase, allocating more funds to it. However, if ETH reverses from its current price, there’s a possibility of it dipping to $3,000, which will result in a massive loss for these investors. The uncertainty surrounding the ETH’s rally has caused investors to eye 1Fuel because of its potential offerings. 1Fuel has recorded a massive increment in its token presales, and it’s set to change the investment narratives in the cryptocurrency market in 2025. ADA faces high-selling pressure ADA is currently trading at $0.86. The token has seen a 9.63% decline in its trading volume. This indicates that…
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