Ethereum breaks the $ 400 barrier as I expected. What will happen next?

 

I wrote in a previous article:

It seems that Ethereum will not rest until after breaking the $ 400 barrier

Will it do it, or will the sudden, rapid landing happen at any given moment? !!

My article, as the picture shows, was published here in Publish0x on August 3, 2020 ... that is, about two days ago ... and the price of Ethereum at that time was $ 393.61.
And now Ethereum has broken the $ 400 barrier, as I expected.

It has reached $ 407 .. and is still a candidate to continue the rise !!

It was been swinging for a while between $ 399 and $ 400 ...
Until it managed to break the $ 400 barrier and jumped to $ 407 before returning again but it still over $ 400 (now $ 405)...

what will happen next?
Does it keep going up? Or begins to decline?

I expect it will continue to swing another time... Perhaps It drops until $ 380 and then rises again to exceed the $ 400 or more... and may settle at 400 a short period before it falls again... But a decline may continue for a longer period this time...

This is only a personal expectation .. and you should not base your decision on it, as I always say...
Be careful if you bet on the higher price.
The big collapse may happen suddenly...
Nobody can predict this.

Believe me, no one ... especially in the field of cryptocurrencies with its fluctuating rates between ups and downs.

The adventure is required because you might make a fortune out of it .. Imagine, for example, if you owned 10 Ethereum a few days ago when its price was $ 240... Now you will win $ 1600 .. What if you own 100 Ethereum? This means that your earnings today are $ 16,000 .. This is undoubtedly beautiful.

But on the other side, you have to be careful .. so as not to lose all thing!

Be fine...

Dogecoin madness .. When does the price of it reach $ 1 ?! Read on to know the answer !!

 

Before you read, you should know two things:

1- I do not want to direct you to any decision of my article... It is nothing more than a personal opinion and you are not bound by what I say in any way.
2- I personally love the Dogecoin currency and I will not stop collecting, keeping, and dealing with it because it is simply a fun currency and the fees for withdrawing it are very little compared to any other currency.

Have you followed what Dogecoin happened for the past few days?

You may have missed what happened .. but before I tell you what happened I will tell you something exciting about Dogecoin...

Since I started working to earn cryptocurrencies, and that was almost in 2016, and I hear and see many tips that promise that the Dogecoin coin is the currency that I have to collect because it will rise suddenly and missile-like what happened with Bitcoin...

But none of this has happened until now.

I think it will never happen ye...

Why?

I will tell you the reason after telling you what happened a few days ago and raised the madness of the Dogecoin to rise in exceptional proportions, then return to fall again without reaching $ 1 as some had thought...

The price of Dogecoin was deliberately and illegally raised

This is how it started simply ... and illegally!

A video on TikTok invited the followers who watched the video to buy a Dogecoin coin at the same time so that the price would go up to $ 1, and so they would all make big profits... And they all become wealthy!!

The owner of the video is jamezg97... His words were not much .. but very brief... He wrote:

If this ever hit a dollar I’d be loaded. Everyone invest so we can all get rich.

Simply this way, the Dogecoin went mad .. reaching $ 0.0045 after its price was $ 0.0023, an increase of more than 50%

A second video, posted five days ago, issues a bolder missive:

Let’s all get rich! Dogecoin is practically worthless. There are 800 million TikTok users. That’s just $25. Once it hits one dollar, you’ll have ten grand. Tell everyone you know.

Isn't this madness?

Undoubtedly it is madness .. but it is not normal madness ... or rather, it is illegal madness!

The drop after big spike .. Fraudulent!

It lasted for several hours .. Then the drop started after the big rise...

Now the price of Dogecoin fluctuates between $ 0.0030 and $ 0.0032, and if it happens again, it goes back to 0.0045 or even $ 0.0050, but it is impossible to reach $ 1 as they want. it's just delusions!

Why?

I will tell you.

When does Dogecoin reach $ 1? Only in dreams !!

Dogecoin will never reach $ 1

Why?

Because the currency is simply present in a very large number... About 125 billion and 514 million pieces have been mined, while the amount in circulation does not exceed 400 million dollars.

So how does the currency of this available volume reach half a dollar even?

This only happens in dreams only !!

You have to accept Dogecoin as it is...

Dogecoin is a fun, new, and rapidly growing form of digital currency.

One of the most popular uses for Dogecoin is "tipping" fellow internet-goers who create or share great content. Think of it as a more meaningful "like" or upvote, with real value that can be used all across the internet.

After the big increase in the price of it... Do I sell or buy? Ethereum running like a raging bull on its way to $ 370 !!

Do you follow the passion of Ethereum? It's a raging bull!

Do you follow the passion of Ethereum?

It is moving forward at the speed of the missile...

It is like a raging bull... Nobody can stop it!

But he will undoubtedly stand on this .. Will we wait for the bull to calm down and get tired of its extreme ambition and stand in its place?

Or do we hurry to sell what we have to gain, then we regret if the stampede continues and the price increases because we have lost another profit?

Certainly difficult question, not without adventure...

Therefore, I cannot answer the difficult question, but I can tell you the experts ’analysis .. and you are the decision-maker.

From $ 280 to $ 314 in one day ... what next?

I will put you at the end of this article. Link to an article Yesterday predicted that Ethereum would reach $ 300 while its price was $ 283

Not only that .. but it is more likely in his analysis that the price will reach $ 317 and this is what seems to happen in the meantime... The price has now crossed $ 314 and it appears that it is still on its upward...

The article was written by Ray Salmond On the site COINTELEGRAPH NEWSLETTER

His expectations were true because he relied on accurate scientific analysis.

Will Ethereum continue to climb until $ 370?

Today Salmond published a new analytical article in which the price of Ethereum is expected to reach $ 370

Do you believe this? I believe it!

But do not forget that you are free to make the decision that you see fit... Please do not hold me responsible for any decision you make... Of course, Salmond does not bear responsibility either !!

Come with me to read what Salmond said .. and I will also put the article link for you in the sources of my article to see it...

To Salmond's analytical article, and I hope that you read it carefully before making any decision regarding the sale or even purchase of Ethereum .. Symond says:

 

Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close

Bitcoin’s rally to $9,700 brings the asset to a key resistance level, meanwhile, Ethereum rallied above $300 to a new 2020 high.

On Saturday Bitcoin (BTC) and Ether (ETH) price perked up as BTC briefly pushed above $9,700 and Ether set a 2020 high at $309. 

The weekend surge comes as a bit of a surprise as weekends are typically marked by low trading volume and some traders avoid the markets due to the volatility that sometimes accompanies the weekly close.

Crypto market weekly price chart. Source: Coin360

Technicals aside, Ether’s rapid ascent to $309 could also be receiving a sentiment boost from the news that the total value of funds locked into decentralized finance platforms (DeFi) reached $4 billion today.

Total value locked (USD) in DeFi. Source: DeFi Pulse

Currently, the top three DeFi platforms are Maker Aave, and Compound with each having $875 million, $639 million and $616 million locked into an assortment of contracts. 

Data from DeFi Pulse shows that the decentralized finance sector has grown tremendously in 2020 as the value locked at the start of the year was slightly below $1 billion. 

As discussed in a previous market update, Ether’s was expected to push toward the $317 level if the Feb. 14, 2020 high at $288.32 was cleared and Saturday’s rally to $309 fell just $8 short of topping the resistance cluster extending to $317. 

Ether daily price chart. Source: Coin360

After a nearly 30% rally this week, a period of consolidation is to be expected but if bulls find renewed or Bitcoin rallies into the weekly close, there is a possibility that the price could clear $317 and the absence of overhead resistance could see bulls target the 2019 high at $367.

Bitcoin approaches a key resistance

As Ether surged to a new 2020 high, Bitcoin price pushed higher to $9,733. Traders are now watching closely to see if the top-ranked digital asset on CoinMarketCap can surge above the $9,900 level as this would place the price above the long-term descending trendline from the 2017 all-time high. 

According to Cointelegraph contributor Michael van de Poppe: “A major parabolic move is unlikely to happen so soon, as the price has some untested levels above, namely $9,900 and $10,100.” 

Van de Poppe further explained that:

“The most likely scenario would be a “staircase” pattern where the price of Bitcoin rallies towards the resistance zone, rejects, and then successfully tests the previous resistance zone for support. Next, the price move is likely to accelerate upward once Bitcoin breaks above the high of $10,100.” 

At the time of writing Bitcoin price has pulled back slightly from the daily high at $9,733 but the daily chart shows the digital asset continues to notch higher highs and high lows and the price remains above the 20-day moving average.

Bitcoin daily price chart. Source: Coin360

As Bitcoin and Ether pushed higher, a number of altcoins also made significant moves.

Cardano (ADA) surprised investors with a strong 21% upside move to $0.1457, Binance Coin (BNB) also continued to rally with a 5% gain. Litecoin (LTC) followed alongside Bitcoin with a 12.88% move to $49.47.

According to CoinMarketCap, the overall cryptocurrency market cap now stands at $294.6 billion. Bitcoin’s dominance index currently at 60.5%.

 

Salmond's analytical article ended ... in which he expected Etherium to stop at $ 370

But as I told you ... no one can definitively predict ... Etherium may stop going up and start going down at any time...

So you have to decide what to do if you have Ethereum .. will you go ahead or wait until the price reaches the highest peak? This is your decision as we agreed before.

Be fine...

 

Sources:

• COINTELEGRAPH
• Ether Price Nears $300 as Bitcoin, DeFi Tokens Fuel New Bull Run
• Ethereum Price Rally to $370 Depends on Bitcoin’s Upcoming Weekly Close
• DeFi Pulse
• Coin360

Stay safe online: how to recognize fraud and phishing.. important tips from Skrill !

«As our lives move online during the COVID-19 pandemic, it's more important than ever to learn how to recognize fraud and phishing attempts.»

This is not my word, but it is part of a very important message I received from Skrill bank and I would like to share it with you for the benefit to prevail.

There is no doubt that you will have received a message like this if you have a Skrill account.

But if you do not have an account, please pay careful attention to the following tips so that you do not fall victim to fraud and phishing attempts.

The Skrill team says in its most important message:

In this e-mail, we'll be giving you a broad overview of the various fraud attempts you might encounter, how to avoid them, and what you should do to ensure you stay safe.

Phishing e-mails:

Often, fraudsters will send out emails containing phishing links to a broad database of people. These links can install key loggers, scan vital information on your computer, or allow the phisher to access your computer from their device.

Spear phishing:

Spear phishing is when someone specifically targets you using your name, e-mail, and potentially, your job title. They will have done their research.

Texts:

You may receive texts asking you to confirm details or click links. Most reputable organizations will never ask you to communicate sensitive information via text.

Calls:

Sometimes, you may receive calls from fraudsters on the phone asking you to confirm account information. Please be careful, never provide your log-in details as we would not ask you to in the first place.

How to recognize a phishing attempt:

Follow these tips, and you’ll be better equipped to keep yourself protected against phishing attempts:

1. Were you expecting a call, email, or text message? If not, it may be a scam.

2. Do you know who it’s from? If you can’t get confirmation, it’s a phishing attempt.

3. Can you verify who sent it right away? Use caller ID, check the email address, or search the number that sent it to you.

4. Does it contain a link to a website you recognize? You can hover over links to check what website it will take you to.

5. Does it contain an attachment? Never download an attachment unless it’s from someone you recognize.

6. Is it asking you for money, credentials, or sensitive information? Reputable organizations will never ask for these without contacting them first.

7. Are there any spelling or grammar errors? Spelling and grammar mistakes are a telltale sign of phishing attempts.

8. Is it trying to get you to act right now? Often, phishers will try and get you to act with a sense of urgency.

Watch out for fake ads:

Many phishers and scammers use fake adverts for reputable organizations to encourage their targets to click. These include:

1. Phishing websites that mirror organizations and brands. We’ve detected sites that impersonate Paysafe, Skrill, NETELLER, and Paysafecard.

2. Lookalike websites that include uncommon domains to encourage visitors to click, e.g: www.skrill.co.com

3. Phishing e-mails or paid adverts that show up as banner ads or on search engines. These are some of the most common approaches to phishing, so beware.

How to avoid phishing attacks:

1. Only use the official Paysafe apps to access your account.

2. Always check the website address you are visiting. Check the e-mail address that has sent you mail, check any links that are sent to you or that you visit, only download attachments from trusted sources.

3. Stay alert. If you are requested to supply sensitive information, make sure it’s only through official channels.

And remember, Paysafe will never ask you for confidential details (like card details or your password) via e-mail, telephone, or text message.
We will send a security code to your mobile phone or email only if you request such when you log in to your Skrill account or to authorize a transaction.
Above all, we hope that you stay safe online, and if in doubt, refer back to our guide to make sure that you’re doing everything you can to protect yourself.

Skrill warning message has ended, which teaches us how to pay attention to be safe on the Internet and not subject to attempts of fraud and phishing .. I hope that you all have benefited from it .. I personally benefited a lot and therefore I wanted to share it with you, friends .. Be fine...

Important Tips for Beginners (4): Don't be like prying animals and Plants!

Have you heard about intruding plants and animals? They are plants and animals that live intrudingly over others... They have no life without others...

It's cannot rely on herself to work.
It's cannot depend on herself to eat...
It's cannot depend on herself to survive.

Rather, it always depends on others... It steals its food from them .. And it lives only as long as they are alive because it is in fact stealing their lives so that it can continue life!!

Do not be such animals and plants!

Please do not be surprised...
It is very simple...

Unfortunately, a number of people intrude on the work of others and try to steal their efforts.
I am not talking about trollers or swindlers here. These are criminals.
Rather, I am talking about those who promote themselves through the effort of others.

For example, you are trying to write an article here or in your own blog .. Or maybe you post this on your Facebook page or other communication sites...
Suddenly, you find someone who makes a comment promoting himself.
It simply comes to take advantage of your efforts and puts one or more links to its own sites in order to achieve a fake profit !!

These are the Parasiticals that I mean...
They are no different from a parasitic plant or animal...
They live on the effort of others...
And without permission, they try to steal their efforts.

Don't be like this...
Don't be intrusive on someone else...
Try to be not like them .. If you read an article that you like, try to write similar to it and better than it too...
With time and effort, you will do this and you will gain new skills that you did not have...

Search...
thought...
write...
Learn...
To earn in the end...

And remember, money is not the only profit you should seek.
Ethics, respect, and acquired skills are all more important than money...

Because all these things will bring you money...
But money will never bring you these important things !!