ETH analyze it is Dominance of ETH
ETH has been held captive in a triangle for some time. with the fracture of the upper side of the triangle , we can expect an extraordinary ETH leap
ETH.D trade ideas
ETH.D BEARISHETH Dominance looks like a double top M pattern with a target of sub 17%, which is (S2) support 2.
If it plays out ETH will have a pullback.
Safe Trading.
ETH.DConsidering the update ETH 2 demonstrating, and the weakness in BTC.D , finally we are to witness the most weird thing that can ever happen in crypto market (ETH overtaking BTC).
Ethereum Dominance Update - Possible Paths to new ATHQuick post suggesting two very different paths to a new ATH for Ethereum Dominance. Both require us getting and holding above 20-21% in the near future:
Proposed Path 1 (white path) - a move to 25% or slightly higher, then a massive drop to ~9.25, followed by an epic rise to new ATH
Proposed Path 2 (blue path) - a move to or above 25%, small correction (re-test 25 or 20 area), and then move to new ATH
Related / older ideas linked below:
Ether Dom PredictionAs we can see; the .618 lines up with the previous level of support and the moving averages. It's also important to mention that we are in a bullish phase in the market cycle for ether and were are forming a bull flag which leads to an updside bias.
The fib extension can lead us to believe that a 21% dom is in our near future and a possible retest of the trendline.
Is the moment to invest in Ethereum now?According with the Ethereum Dominance, it's look strengthen and that put altcoins in bearish in front of Ethereum. For that, in the USD correlated, Ethereum it's xtremely optimistic and so bullish. For that, the Ethereum dominance it's a track that we get information about the dominance and how Etherum will take power o altcoins now!!!
Now, in based in this forecast ,we formed a bullish rising wedge and into this pattern a simetric triangle. But now, I believe that Ethereum will leading to a extremely bull market
This it's the weekly timeframe. and we look that Ethereum could to reach a dominance of 30% very soon.
Ethereum it's make a powerful trend that will shock you
I will check out the Ethereum ratios to know the situation against Cardano, XRP and Bitcoin too. It's very important to look this secret information that investor doesn't know, at least for amateurs.
ETH D tracking Would be nice to see it break out and give BTC a run for its money. If the amrket is being controlled then it would make sense to try to create a healthy balance by allowing the alts to grow and establish/propagate your market before you try to pick the fruit/chase the capital gains tax.
ETH & ALTS Dominance versus BTC Over the past several months "DeFi Summer" has turned into NFT Fall" and there is no doubt that the crypto economy is alive and well.
While all this is ongoing, the one question remains, where is BTC comparatively?
In this chart we look at the DOMINANCE of the three categories: ETH, BTC, and OTHERS ("ALTS").
With a huge run up in ETH in recent days, will we have a mean reversion? I wrote about this dichotomy in early 2021, and it's played out accordingly.
ETH Dominance Pushing 20%Ethereums dominance is looking fantastic pushing upto the 20% level! igniting alt season as BTC dominance continues to fall! The MACD looks very good we are seeing a healthy green bar for our first on of this cycle after very recently getting that bullish cross! We are already seeing some good separation in the MA's and we will need to continue to see this if we want to have a big run up, lessening the chance of a near sighted bear cross. Now checking out the bollinger bands as you guys know i always talk about grabbing onto that top band, if we continue our push up there is a very good chance we will see this play out in the coming days, this will likely shoot up the dominance level to 20.74 aprx which is our recent high from back in early May. We are seeing good momentum coming from the wavetrend, we are almost pushing out of the bottom zone as we approach the midline soon, i personally think we have tons of room to run up here and it doesn't seem like anything is in our way! Not financial advice just my opinion!
ETH DOMINANCE - IS ETHEREUM OVERVALUED?Ethereum Market Cap Dominance has skyrocketed! This chart shows that Ethereum is currently holding 19.5% of the TOTAL CRYPTO MARKET CAP. Large funds and macro analysts expect Ethereum to surpass Bitcoin dominance in a few years.
In my opinion, it will depend on Ethereum protocol updates. Scalability and usability will decide its future. In the short term, we expect Ethereum to retrace a bit more than its teammates, as it seems slightly over valued.
Check our psychological EMAs if you want to ride this greed rally on ETH safely! See you later!
oh Snapple's _ dem funds pump'n eth on wei outjust a hunch"""" but looks n feels rite.
check wei
check long positions lopsided to the up
check flat volume everywhere with retail most def not leading this run but funds....
check bag hold as alts pump n eth pumps n retail literally picks up the bag... get ready for some crypto news fudd once all those stars just mentioned align correctly... the worst part is not conspiracy type but facts r facts n that's what we see.........
MARKET CAP ETH DOMINANCE, % (CALCULATED BY TRADINGVIEW)they are about to pump. We see the formation of the head and shoulders technical pattern
Can we see Eth reach 24%I believe that in the next few months that ETH will touch the 1.68 fib level in the graph. Anyone want to guess what the value of eth will be then?
ETH dominance about to explode!!ETH dominance touched the resistance line. Now it's time to go back up!
ETH DOMINANCE READY FOR A RUN UP!!Checking out ETH's dominance we notice that it looks like we have found some decent support here at 18.20% and we are seeing a couple transition candles, one a couple days ago and another one in the making today, now if we can hold this support and have another green transition candle i think we are set to make another run up! First off id like to compare the ETHUSD chart shown in the first pane (orange) vs the eth dominance chart, as we can see i've marked the start of run ups with vertical lines and as u notice when dominance starts to rise up so does the ETH price, as shown in the first pane, we have been in a nice uptrend recently on ETHUSD and now that we have seemed to have found a bottom here i think we are going to continue this, now keep in mind if BTC falls off a cliff this TA probably wont be valid anymore! Checking out the MACD we are looking good and it seems like we are starting to see a pushback and eventually a bullish cross, histogram is getting real flat and not moving a whole lot anymore. The Stoch RSI looks very good we are starting to see what looks like a huge upswing and an upcoming bullish crossover, even better we are currently in the oversold zone and it doesn't look like we have really anywhere else to go but upwards! Same thing kind of for the RSI we aren't in oversold but we have dipped into the confirmed downtrend area but i don't like its going to last, i think we are gonna see a blast right through that midline back into uptrend territory, we aren't very far off the midline and we are moving upwards now pointing in the right direction! Not financial advice just my opinion!
Wait for a big bullrun IN ETHAnalysis in D and 4H Timeframe on the ETH.D , Show me a Bull Trend for Next days in ETH and ALTCOINS
in Daily Timeframe , i see a bullish channel and a major support
in 4H Timeframe i see a big down trend so near to end .
ETH.D Cup and HandleI see a huge cup and handle forming on the monthly and this is something to be alert. There will be some retracement as soon Bitcoin start heading to brake ATH.
Let me know your thoughs.
Namaste.
none linear analysiswhy should we always use linear analysis ?
how about curves?
how many things shows respect to none linear rules ...
maybe it works ...
ETHBTC Macro As BTC now reaching the most important level from this run 46.8K (fib 0.5 from ATH to this year Low) and assuming this not just a LH as blue hash ribbons popped up confirming a bull run, after BTC breaking this level we may have BTC solo run as alts will suffer in BTC pairs.
On the other hand, ETH.d is reaching a weekly level if we close this weekly red we could have bearish SFP and weeks of blood for ETHBTC and so does for alts/btc.
Expect some alts picking up below BTC ATH to 60.3K for couple of days then again back to BTC maxies to break ATH level.
Take everything level to level and lets see happen to ethbtc after breaking 46.8K.
ETH.D - 1H - GO UP VERY SOONETH Wait for this triangle in own dominance , i expect breakdown in the top of that pattern and go up next
ETH.D prediction; A New Day Dawns for Ethereum blockchainEthereum Spikes After New Upgrade As Its Crypto Market Dominance Gains An Edge On Bitcoin
Bitcoin's market dominance has fallen this year from nearly 70% to about 40%. Meanwhile, ether's market share has swelled from 10% to 20%, with the world's second-largest cryptocurrency now commanding a market capitalization of about $360 billion.
Ether surged Thursday after the long-awaited launch of a software upgrade meant to help the cryptocurrency transition to a more environmentally friendly blockchain network—a development that alongside surging mainstream adoptions has helped the world's second-largest cryptocurrency far outperform larger rival Bitcoin.
Within technology circles, it’s not uncommon to encounter fierce debate about a variety of topics. In recent years, none have been more contentious than the battles over which cryptocurrency and blockchain pair will eventually come to dominate the rest. Since the beginning of the crypto wave, the clear consensus choice has been Bitcoin, which has sat atop the market capitalization charts from the earliest days.
Most experts don’t expect that to last, however. As the grandfather of all cryptocurrencies, the Bitcoin blockchain is beginning to show its age. It suffers from a variety of real-world limitations, not least of which is its inability to scale. Seeking to replace it in the race for dominance, a variety of alternative blockchain implementations have risen up to solve some of the inherent problems associated with Bitcoin’s blockchain, but so far none have managed to capture any significant slice of the market.
Assuming the stages go over without any issues the new Ethereum 2.0 should emerge from the process in a great position to finally end Bitcoin’s long reign as the cryptocurrency king. It will be a trusted system with far fewer scalability issues and a much larger feature set than its primary competitors. Only time will tell if the launch of the upgrade will be the signal of a new blockchain era, but the one certainty is that a new day is dawning for Ethereum – and for the cryptocurrency space as a whole.
CONCLUTION :
1- With the advent of Ethereum2, the market conditions are different from before, and if this project succeeds, the future of the market will change.
2. The king of cryptocurrencies , bitcoin loses full control, but Ethereum can take the lead and direct the market at least for a while.
3-And it could mean that with the fall or rise of bitcoins, altcoins market will change less and the correlation between altcoins and Ethereum will increase more and more.
4- Reaching the second step and dominating 50% for the Ethereum is not far from expectation and maybe even in a temporary period it can reach about 82% of dominance in the third step.
5- Because Ethereum blockchain network today has tough and successful competitors such as Solana, Cardano, Polkadot, Neo, Tezos, ...etc., its dominance definitely decreases over time.
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watch outETH dominance has reached a critical point in the market. On May 11-16, this point was touched and a heavy fall occurred. Prices are diverging daily. watch out. This is a possibility.
