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Ethereum Bullish Pattern Points To Immediate $3,000 Target
Ethereum Bullish Pattern Points To Immediate $3,000 Target

Business Mayor

time26-05-2025

  • Business
  • Business Mayor

Ethereum Bullish Pattern Points To Immediate $3,000 Target

The Ethereum market price rose by a net 3.16% in what proved to be another historic week for the crypto market as Bitcoin registered a new all-time high price. Notably, the prominent altcoin has largely benefited from the general market resurgence in the past month, resulting in a 44.69% price increase over this period. Interestingly, popular crypto analyst Ted Pillows has tipped Ethereum to maintain this positive performance based on a bullish chart pattern. Related Reading: Ethereum Net Flows Turn Negative As Bulls Push For $3,500 Potential ETH Breakout Pattern Hints At $3,000 Mark – Analyst In an X post on May 24, Ted Pillows shares that Ethereum's price movement is forming an inverse head-and-shoulders pattern on the 12-hour daily trading chart, suggesting the altcoin may be due for a price breakout in the coming days. The inverse head-and-shoulders pattern is one of the classic bullish reversal patterns, signaling a potential change from a downtrend to an uptrend. Based on the Tradingview chart presented by Pillows, the left shoulder of this bullish formation of this bullish inverse head-and-shoulders pattern formed in February, when ETH sharply declined to around $2,000 before rebounding and entering a range-bound phase that persisted through the month. In the following months, ETH would register deeper price falls to trade as low as $1,400 in early April to form the head of this pattern. Since then, altcoin has staged a strong recovery, climbing to around $2,700, before entering another consolidation phase that now forms the right shoulder of the pattern. According to Ted Pillows' analysis, the $2,700 price mark represents the neckline of this inverse head and shoulders pattern. ETH bulls must achieve a decisive close above this resistance level to confirm any potential break, a task that has proven tough following two successive rejections in the past few weeks. However, if Ethereum convincingly breaks out above $2,700, Pillows backs the altcoin to swiftly reach the $3,000 price mark, indicating a potential 17.4% on the current market price. Ethereum Market Overview At the time of writing, Ethereum is trading at $2,500 after a 0.34% gain in the past day. Meanwhile, the asset's daily trading volume is down by 58.22% and valued at $12.35 billion. According to on-chain analytics firm Sentora, the Ethereum blockchain also recorded a 23.9% decline in network fees over the past indicating a decline in transactions and general network use. Meanwhile, $74 million in ETH were deposited in exchanges, representing the first inflows in over four months. Nevertheless, Ethereum's price has shown much resilience with no significant decline in response. READ SOURCE

Here Are 5 Reasons Ethereum May Reach $12,000 In 2025
Here Are 5 Reasons Ethereum May Reach $12,000 In 2025

Business Mayor

time10-05-2025

  • Business
  • Business Mayor

Here Are 5 Reasons Ethereum May Reach $12,000 In 2025

Ethereum prices have surged by over 19% in the past day, reaching almost $2,500 as a general crypto market resurgence continues. Amidst investors' euphoria, prominent crypto analyst and OKC Partner Ted Pillows has tipped the prominent altcoin to sustain its bullish form, reaching a market price of $12,000 in 2025. Institutional Adoption, DeFi Status To Drive Ethereum Market, Among Others In an X post on May 9, Ted Pillows provided some valuable insights into the bullish potential of the Ethereum market. The angel investor and KOL stated there are five reasons ETH investors should be expecting profits of about 600% before 2025 runs out. Firstly, Pillows has hinted that Ethereum is likely to experience the highest level of institutional adoption among altcoins. Amidst a pro-crypto US government and the growing chances of a digital asset regulatory framework, institutional investors are likely to start diversifying their capital to other cryptocurrencies aside from Bitcoin. As seen with the spot exchange-traded funds (ETFs), Ethereum ranks high ahead of other altcoins for portfolio additions, considering its position as the second-largest cryptocurrency with a 7.24% market share, and an extensive smart contract application. In particular, Ted Pillows emphasizes Ethereum's dominance in smart contract programmability as another reason for investors to be highly bullish. According to DefiLlama, the Ethereum blockchain currently holds 80.17% of RWA, 51.01% of circulating stablecoins, and 53.29% of total value locked (TVL) in DeFi, indicating much potential for network adoption and price growth amidst a crypto bull market. Another possible market trigger highlighted by Ted Pillows centers on the potential introduction of Ethereum ETF staking. Deadlines for the SEC's decision on the proposed staking option lie in late May & late August. However, Bloomberg analyst James Seyfart has indicated there is much potential for the Commission to wait till the final deadline in October, as seen with the ETH options trading. Read More XRP Price Crashes Over 20%, Why Breakdown Looks Real Deal The introduction of staking is likely to drive inflows into the Ethereum ETFs as it provides an additional means of income for investors. Staking would allow ETFs custodians to lock up ETH on the Ethereum network to serve as a validator for a defined period and earn a commission in return. Token Burn Post-Pectra Upgrade Signals Good Times Ahead Among other potential bullish drivers, Ted Pillows also points to the high level of ETH Burn following the launch of the Pectra network upgrade on May 7. A high burn rate indicates rising scarcity, which is always good for the market price appreciation. Finally, Ted Pillows hints at the growing potential of a risk-on environment later in 2025 as the US Federal Reserve is expected to cut interest rates and begin quantitative easing, which would encourage investments in volatile assets such as cryptocurrencies. At press time, Ethereum continues to trade at $2,334 following a slight market retracement in the last few hours. Notably, the asset's trading volume is up by 62.81% and valued at $49.85 billion. Related Reading: Sovereigns Are Buying Billions Of Bitcoin, Says Anthony Scaramucci READ SOURCE

Best Amazon deals this weekend: I'm snagging Apple AirPods for a record low, plus a slew of rare sales
Best Amazon deals this weekend: I'm snagging Apple AirPods for a record low, plus a slew of rare sales

Yahoo

time09-05-2025

  • Business
  • Yahoo

Best Amazon deals this weekend: I'm snagging Apple AirPods for a record low, plus a slew of rare sales

I can speak freely here, right? I mean, you and I, we go way back. If you're reading my roundup of the best Amazon deals this weekend, you're likely a pretty experienced shopper, one not likely to perpetrate any budget-busting catastrophes. To put it another way, and with a couple of incidents from this week in mind, I'm pretty confident that you won't accidentally lose $800,000 in dimes or mistakenly order 70,000 lollipops. Nevertheless, let's set the bar a bit higher, shall we? How? By checking out those aforementioned deals. Top Amazon deals Apple AirPods 4 for $99 (was $129): All-time low New Apple iPad, 11-inch for $299 (was $349): All-time low Cozsinoor Bed Pillows, Queen, 2-Pack for $22 (was $100): Nearly 80% off Yaheetech Zero Gravity Recliners, 2-Pack for $64 (was $90): Near all-time low Rubbermaid Brilliance Food Storage Containers, Set of 4 for $25 (was $30): Lowest price in years KitchenAid 4.5-Quart Tilt-Head Stand Mixer for $250 (was $330): Rare sale iRobot Roomba Robot Vacuum for $130 (was $250): Nearly 50% off Clean up in more ways than one with $120 off this iRobot Roomba. Spring's intensifying sun has got us all a bit more skin-conscious — go ahead and get nourishing with this fan-favorite vitamin C serum; it's marked down more than 55%. We have zero qualms about recommending these zero-gravity chaise lounges, especially when they're two for $64. Now, apply those savings to the lowest-price-ever markdown on this 11-inch iPad and, well, you're practically making money! See? Who's smarter than us? No one, that's who! In this guide: Rare Amazon deals | All-time low prices | Best home deals | Best outdoor deals | Best kitchen deals | Best tech deals | Best fashion deals | Best beauty and wellness deals If you have Amazon Prime, you'll get free shipping, of course. Not yet a member? No problem. You can sign up for your free 30-day trial here. (And by the way, those without Prime still get free shipping on orders of $35 or more.)

Best Amazon deals this week: I combed through thousands of sales and found savings of up to 80%
Best Amazon deals this week: I combed through thousands of sales and found savings of up to 80%

Yahoo

time23-04-2025

  • Business
  • Yahoo

Best Amazon deals this week: I combed through thousands of sales and found savings of up to 80%

Happy birthday, William Shakespeare! As the Bard of Avon once wrote, "Money is a good soldier," and in honor of history's favorite playwright, I'd like to help you make the most of your hard-earned cash by sharing the best Amazon deals I'm seeing today. Markdowns of up to 80% abound, including discounts on everything from comfy bedding and outdoor essentials to tech finds and beauty favorites. Even sought-after brands like Apple, Vitamix, iRobot and Sony are on sale, so might I recommend making some space in your cart? Top Amazon deals iRobot Roomba Robot Vacuum for $129 (was $250): Near all-time low; nearly 50% off Fiskars Bypass Pruning Shears for $10 (was $21): Over 50% off New Apple iPad, 11-inch for $320 (was $349): All-time low Cozsinoor Bed Pillows, Queen, 2-Pack for $25 (was $120): Nearly 80% off Vitamix 5200 Blender for $349 (was $500): Best price in years Amazon Fire TV Stick HD for $18 (was $35): All-time low Spring is all about rejuvenation, and if your tired eyes could use a little refresh, our beauty editor approves of this CeraVe eye cream, marked down to a rare $11 (from $20). On the spring cleaning front, I spotted a top-rated Roomba that's down to just $129 (nearly 50% off). And if you plan on flexing your green thumb this season, one Yahoo editor swears by these Fiskars pruning shears, which cut through tough branches like nothing and can be yours for just 10 bucks. With savings like these, we'll be able to get over that midweek hump like it's nothing — happy shopping! In this guide: Rare Amazon deals | All-time low prices | Best home deals | Best outdoor deals | Best kitchen deals | Best tech deals | Best fashion deals | Best beauty and wellness deals If you have Amazon Prime, you'll get free shipping, of course. Not yet a member? No problem. You can sign up for your free 30-day trial here. (And by the way, those without Prime still get free shipping on orders of $35 or more.)

Snag this 'luxury hotel'-like queen sheet set while it's $16 (an all-time low)
Snag this 'luxury hotel'-like queen sheet set while it's $16 (an all-time low)

Yahoo

time28-01-2025

  • Lifestyle
  • Yahoo

Snag this 'luxury hotel'-like queen sheet set while it's $16 (an all-time low)

Getting a good night's sleep is a challenge when your bed linens have seen better days. Sound familiar? It might be time to refresh those threadbare sheets ... but you don't have to fork over a fortune. Amazon shoppers are raving about this affordable Utopia Bedding Sheet Set: More than 167,000 (!) are so smitten, they gave it a five-star rating. Why is it worthy of a spot in your cart? Well, among other reasons, the queen-size 4-piece set is currently marked down to a mere $15. Keep scrolling to see why sleepers say it's so dreamy. Bedding can be wildly expensive these days (think: $150 and up for a sheet set), so the fact that a queen-size option with as many five-star ratings as this one is marked down to a mere $15 is pretty stunning. Note: Prices vary depending on color, but the classic white set is priced as low as we've ever seen it. Many reviewers note how smooth the material feels, with some saying it keeps them cozy in winter and cool in the summer — no need for seasonal swap-outs! The brushed microfiber poly-blend is all about supreme softness. It's resistant to shrinking and fading, so the sheets look good, feel good and fit the mattress snugly for a long, long time. The set includes a fitted sheet, a flat sheet and two pillowcases — choose from any size, twin through California king, and select among 28 colors. FYI: The manufacturer recommends drying your sheets on low heat. The Utopia Bedding Sheet Set is an Amazon all-star, with more than 6,000 purchased in the past month alone. "These are the best sheets!" exclaimed one satisfied sleeper. "Luxury hotel sheets for [a] fraction of the price. Wrinkle-free, soft and most of all, if you suffer from night sweats, you NEED these. No more soaked sheets in the middle of the night." "I am very picky when it comes to sheets, and these sheets check all my boxes!" gushed another impressed shopper. "They're so soft and smooth, and they fit my very thick mattress with ease, so they don't pop off the mattress at all. ... I have only washed them once, but they held up nicely!" A third fan shared, "My husband and I slept like babies on these new sheets. I am very surprised by the softness, threading and how rich the color looks. Definitely ordering more! Oh, did I mention they don't slip off?! We're in heaven!" "[My] only complaint is there are two pillowcases instead of four," shared a generally pleased reviewer, adding, "I will be buying in every color. They are so soft and comfortable, it feels like I got a new mattress." "I bought three sets of sheets on Amazon and these are my favorite," raved a final customer. "They are super soft and completely affordable. I only wish they had an option for prints or stripes. The quality of these sheets is superb." And if you really want to take your bedding to the next level, I swear by these Beckham Hotel Collection Bed Pillows (also on sale!). If you have Amazon Prime, you'll get free shipping, of course. Not yet a member? No problem. You can sign up for your free 30-day trial here. (And by the way, those without Prime still get free shipping on orders of $35 or more.) The reviews quoted above reflect the most recent versions at the time of publication.

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