Volatility decay occurs through rebalancing, rebalance fee, and debt interest. Toros pools are therefore intended for short term directional bets for best results. 3X Long Ethereum Token (ETHBULL) currently ranks 1000 among all known cryptocurrency assets.
Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 737 exchanges. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
- ETHBULL has a circulating supply of 2.23M coins and a max supply of 2.23M ETHBULL.
- This is because Toros increases leverage as its price increases, to maintain the leverage range.
- To check 3X Long Ethereum Token’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page.
- His biggest passion in the field is Bitcoin and he was fascinated with its journey.
- According to our 3X Long Ethereum Token prediction algorithm, the price of 3X Long Ethereum Token will not reach $100,000.
Just like with any other asset, the price action of 3X Long Ethereum Token is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of ETHBULL. The market capitalization of 3X Long Ethereum Token can change significantly in a short period of time.
It points to growing volatility with forces such as the legal troubles of Binance and spot exchange-traded funds (ETFs) approvals chatter continuing to drive the market. The 3X Long Ethereum Token price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action. The 3X Long Ethereum Token price prediction on CoinCodex is calculated using the historical 3X Long Ethereum Token price dataset, accounting for past volatility and market movements.
What is 3X Long Ethereum Token price prediction for tomorrow?
The ETHBULL token is a “leveraged token” created by the FTX cryptocurrency derivatives exchange. ETHBULL is an Ethereum-based token that’s designed to provide leveraged exposure to the price of ETH increasing. If the price of ETH increases by 1% in a day, the price of ETHBULL increases by 3%. However, if the price of ETH falls by 1% in a day, the price of ETHBULL falls by 3%. InQubeta (QUBE), the new AI-centric coin, has its fair share of attention, attracting massive investments.
Using ETHBULL, a 3x long ETH token as an example, for every 1% ETH goes up in a day, ETHBULL goes up 3%; for every 1% ETH goes down, ETHBULL goes down 3%. In terms of market cap, 3X Long Ethereum Token is currently ranked #2237 in the Ethereum (ERC20) Tokens sector. Some analysts have suggested that Cardano’s token could reach a new peak one year after the Bitcoin halving. Such an example is FieryTrading, which argued that ADA might skyrocket to $35 in 2025, representing a whopping 9,000% increase compared to the asset’s current valuation. Ethereum is trading for $2,023 at time of writing, down 2.1% in the last 24 hours.
- The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50.
- The slump could extrapolate for Ethereum price to flip the bullish breaker back into a supply zone under the $1,864 support.
- The market capitalization of 3X Long Ethereum Token can change significantly in a short period of time.
- FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.
- The Fear & Greed Index can be a useful measure of 3X Long Ethereum Token investors’ sentiment, and is based primarily on Bitcoin-related market data.
Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing. The current 3X Long Ethereum Token sentiment is neutral according to our technical analysis. 3X Long Ethereum Token price in US Dollar has increased by 0.00% in the last 1 month. ETHBULL is down -13.87% against Ethereum and down -10.63% against Bitcoin in the last 1 month. Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market.
Support
It remains one of the best altcoins to buy, featuring state-of-the-art NFTs for fractional investments and staking capabilities. This new AI token on the decentralized cryptocurrency list has been recognized for its incredible growth potential. With a proposed list price of $0.0308, QUBE offers a 340% increase from its initial price.
The Fear & Greed Index can be a useful measure of 3X Long Ethereum Token investors’ sentiment, and is based primarily on Bitcoin-related market data. The 3X Long Ethereum Token price prediction for 2030 is between $ 2.57 on the lower end and $ 4.34 on the high end. Based on our ethbull price prediction chart, the price of 3X Long Ethereum Token could gain 750.12% and reach $ 4.34 if it reaches the upper price target. ETH has scaled past its $2,100 mark as whales acquire vast amounts of the cryptocurrency.
InQubeta (QUBE): Drawing Attention With Impressive Investment Offerings
BTC has ignored many sell signals due to the likelihood of an Exchange-Traded Fund approval. With the holidays around the corner, falling liquidity could see BTC discounted from its current level, hovering around the $37,000 region. Bitcoin remains shy of $40,000, steadily edging toward this big target as the rally runs on fumes. There is no bullish fundamental to drive the market, save for speculation around spot BTC exchange-traded funds (ETFs). When trying to make a 3X Long Ethereum Token forecast, many traders also try to monitor the activity of ETHBULL “whales”, which are entities and individuals that control large amounts of ETHBULL.
Cosmos (ATOM) price is trading with a bullish bias despite a rejection from the $10.218 resistance level. The optimism comes on the back of chatter of a possible fork, expected to result in an airdrop, an outcome that would be effectively bullish for Cosmos Hub. On the other hand, if the bears dominate, selling pressure could send XRP price below $0.5981, thereby invalidating the bullish thesis. In an extended move south, Ripple price could test the 50-day SMA at $0.5853, with prospects for more losses past the 200 and 100-day SMAs at $0.5531 and $0.5480, respectively. A high market capitalization implies that the asset is highly valued by the market. It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite.
Long Ethereum Token Price Forecast Based on Technical Analysis
Ripple could close the month of November in style and usher in December on a high note, depending on what November 30 brings. Currently, all eyes remain peeled on the US Securities and Exchange Commission (SEC), with the financial regulator expected to hold a closed-door meeting on Thursday. The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice. The token page shows information such as price, total supply, holders, transfers and social links. Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the ETHBULL price.
If the ETHBULL price moves above any of these averages, it is generally seen as a bullish sign for 3X Long Ethereum Token. Conversely, a drop below an important moving average is usually a sign of weakness in the ETHBULL market. The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including 3X Long Ethereum Token. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels.
Long-term 3X Long Ethereum Token price prediction for 2024, 2025, 2026, 2027, 2028, 2029 and 2030
To check 3X Long Ethereum Token’s price live in the fiat currency of your choice, you can use Crypto.com’s converter feature in the top-right corner of this page. Opt-in, make your first trade on Exchange Plus & receive random crypto rewards from 10,000 SHIB, to 0.01 BTC. Currencies that are positively correlated with 3X Long Ethereum Token indicate that the movement of one has a statistically significant weight to lead the other in the same direction. The table above shows the price and ROI of 3X Long Ethereum Token today and previous years on the same date (Dec 1).
What is 3X Long Ethereum Token’s price prediction today?
3X Long Ethereum Token would need to gain 19,566,762.71% to reach $100,000. According to our 3X Long Ethereum Token prediction algorithm, the price of 3X Long Ethereum Token will not reach $100,000. To get a better idea of what could happen to the 3X Long Ethereum Token price in the future, it’s helpful to also explore 3X Long Ethereum Token’s price history. The table above shows the number of days which 3X Long Ethereum Token closed above a certain price level. “Since the pattern has now been confirmed, we can take a look at the next bull-market top. Assuming that the bull-market top will be somewhere in 2025 and that ADA will continue to follow this pattern, we can make the assumption that ADA will top somewhere above 35$,” they argued.