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Veteran Analyst Spots Bullish Reversal in Ethereum; FXGuys Promises Short, Mid And Long-Term Growth

09.11.2024 18:30 3 min. read Kosta Gushterov
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Veteran Analyst Spots Bullish Reversal in Ethereum; FXGuys Promises Short, Mid And Long-Term Growth

Seasoned market analyst Peter Brandt has recently spotted a possible bullish reversal pattern emerging in Ethereum (ETH).

His latest analysis points to the formation of a Head and Shoulders (H&S) bottom pattern on Ethereum’s price chart. This pattern could indicate a potential price surge if specific conditions are met.

Meanwhile, FXGuys ($FXG) has emerged as a focal point, attracting attention with its promise of long-term growth. It is developing a decentralized broker and proprietary trading firm that provides access to real trading capital. With a platform designed to support a diverse range of assets, FXGuys is well-positioned to meet the needs of modern traders.

In this article, we’ll explore the features driving FXGuys’ long-term growth and what Brandt recently spotted on the Ethereum pattern.

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Ethereum (ETH): Analysts Predict A Potential Upsurge 

Analyst Brandt notes that the ETH pattern is developing due to several key price movements. The left shoulder formed between late July and early August when Ethereum dipped to about $2,330. A recovery followed, but a price drop in September created the head. 

As a result, ETH reached a lower low of around $2,253. The right shoulder began to form in early October with another dip, though support was found above $2,330. This indicates a weakening bearish momentum. 

The neckline is a crucial element of this pattern, and any breakout above it would signal a bullish reversal. This could potentially result in significant upward movement for Ethereum.

FXGuys ($FXG): Profit Sharing Through Token Locking

FXGuys is positioning itself with its staking platform that promises stable long-term growth. This new DeFi project platform is designed to create a self-sustaining ecosystem that maintains the $FXG token indefinitely. With this approach, token holders can benefit from various options.

Traders can earn $FXG tokens through trading via the Trade2Earn program. Besides that, traders can lock their tokens for a share of trading volume profits. Also, traders can use their tokens to participate in trading challenges for the chance to manage accounts worth up to $500,000. 

Another amazing feature of the staking platform is profit sharing. This innovative approach ensures that stakers receive up to 20% of the annual profits from trading volume. This plan makes it the crypto to buy and fosters a consistent supply of tokens for rewards.

FXGuys ($FXG): Token To Be Vested For Two Months

FXGuys has already demonstrated its market viability through its presale. The platform raised over $1,000,000 in its concluded private round, with all 68 million $FXG tokens sold out rapidly. In stage one of its presale, FXGuys offers a unique advantage to early investors with tokens priced at just $0.03.

This new DeFi project token price will rise to $0.10 at the public launch. After the presale, 50% of tokens will be released each month on the 15th, ensuring a smooth distribution process. This strategic release plan aims to minimize gas fees and guarantee all community members receive tokens.

Conclusion 

While ETH is projected to have upward momentum, FXGuys is designed for sustained growth and investor engagement. With its innovative staking platform and commitment to stability, FXGuys is poised to become a key player in the DeFi market. Looking for a crypto to buy? Start with $FXG for a potential massive profit.

To find out more about FXGuys follow the links below:

Website | Whitepaper | Socials | Audit

Exclusive FXGuys Promo Code:

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This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

 

Kosta has been working in the crypto industry for over 4 years. He strives to present different perspectives on a given topic and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced coverage of events and developments in the crypto space, providing information to his readers from a neutral perspective.

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