Bitcoin could hit a new all-time high by end of 2024 says analyst, Ethereum should prepare for 51% attack

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Three legends on stage together for 10 years of #Ethereum A huge ‘thank you!’ to @VitalikButerin, @gavofyork & @ethereumJoseph for speaking at EthCC[7] back-to-back today, we’re so grateful to bring the community together for this moment! ✨ pic.twitter.

Bitcoin trades above $58,000 on Wednesday, following two consecutive days of positive inflows in Spot ETFs this week. Ethereum trades above psychological resistance at $3,000 as founder Vitalik Buterin and key influencers speak at EthCC conference on Wednesday. Ripple sustains above $0.43 as traders await end of SEC lawsuit and analyst predicts double-digit target for XRP in 2025. Bitcoin, Ethereum, Ripple update Bitcoin trades at $58,103 at the time of writing.

OP faces resistance at the upper boundary of the FVG at $1.733. The momentum indicator Moving Average Convergence Divergence supports the bullish thesis. The green bars above the neutral line and the MACD line crossing above the signal line are signs of underlying positive momentum in OP’s upward trend. OP could find support at the July 5 low of $1.222.

 

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