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Ethereum Risk Model Hits 29: Here’s What It Means for Altcoins


by Coin Edition
for CoinEdition
analysis of altcoin risk models shows Ethereum's risk score has dropped to an accumulation zone, signaling a potential bottom.
  • Ethereum’s risk model hits 29, signaling possible accumulation zone ahead
  • Cardano dropped sharply again, often a setup before major rebounds
  • XRP holding firm above support, showing strength despite market weakness

As uncertainty continues to affect the crypto market, a new analysis of risk models indicates that top altcoins, including Ethereum (ETH), Cardano (ADA), and XRP, may be entering key accumulation zones. The data suggests that despite recent price volatility and a broader market downturn, current levels have historically represented buying opportunities.

This analysis provides a counterpoint to the prevailing bearish sentiment, highlighting underlying technical setups that could precede a market reversal.

What Are Risk Models Telling Us?

Analyst Dan said that Ethereum’s risk score has dropped to 29, a level historically known for accumulation — periods when investors quietly buy in while the wider market panics. 

Related: Ethereum Gears Up for $3,000 Breakout with $1B in ETF Inflows and 1M New Wallets Weekly

Similar setups occurred during past bear markets in 2022 and 2023, eventually leading to powerf…

The post Ethereum Risk Model Hits 29: Here’s What It Means for Altcoins appeared first on Coin Edition.

Read the article at CoinEdition

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Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume

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SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand

SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand

SharpLink Gaming, which had maintained a calm demeanour after its Ethereum accumulati...

Ethereum Risk Model Hits 29: Here’s What It Means for Altcoins


by Coin Edition
for CoinEdition
analysis of altcoin risk models shows Ethereum's risk score has dropped to an accumulation zone, signaling a potential bottom.
  • Ethereum’s risk model hits 29, signaling possible accumulation zone ahead
  • Cardano dropped sharply again, often a setup before major rebounds
  • XRP holding firm above support, showing strength despite market weakness

As uncertainty continues to affect the crypto market, a new analysis of risk models indicates that top altcoins, including Ethereum (ETH), Cardano (ADA), and XRP, may be entering key accumulation zones. The data suggests that despite recent price volatility and a broader market downturn, current levels have historically represented buying opportunities.

This analysis provides a counterpoint to the prevailing bearish sentiment, highlighting underlying technical setups that could precede a market reversal.

What Are Risk Models Telling Us?

Analyst Dan said that Ethereum’s risk score has dropped to 29, a level historically known for accumulation — periods when investors quietly buy in while the wider market panics. 

Related: Ethereum Gears Up for $3,000 Breakout with $1B in ETF Inflows and 1M New Wallets Weekly

Similar setups occurred during past bear markets in 2022 and 2023, eventually leading to powerf…

The post Ethereum Risk Model Hits 29: Here’s What It Means for Altcoins appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume

Ethereum Eyes $4K as it Retests Key Resistance With Surge in Trading Volume

Ethereum (ETH) has tested resistance four times without a big correction as noted by ...
SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand

SharpLink Eyes 1M ETH Goal After $145M Deal as ETH Targets $4K on Demand

SharpLink Gaming, which had maintained a calm demeanour after its Ethereum accumulati...