Ethereum News: Price Prediction Uncertain as Investors Eye Rollblock and 1inch Hacker Refund
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Ethereum Price Prediction Uncertain, Rollblock Gaining Attention
When it comes to ETH price prediction, there are mixed signals leaving investors unsure. Some analysts predict a recovery, while others warn of potential struggles. This uncertainty is leading investors to explore alternative opportunities, with Rollblock (RBLK) gathering over $10M in its presale. RBLK is currently available for $0.061 and is doing well, while ETH faces key resistance levels.
1inch Hacker Refunds $5M After Settlement, Keeps Bounty
A hacker exploited a flaw in the outdated Fusion v1 resolver, stealing $5 million in USDC and WETH. 1INCH and the affected resolver negotiated with the attacker, leading to the return of most funds through a bug bounty agreement. The decentralized exchange aggregator faced a major security breach when its smart contracts were exploited, but managed to reclaim most of the stolen funds after discussions.
Ether’s 20% Plunge Shatters Bull Market Trendline
Prices of ether (ETH), the native token of Ethereum’s blockchain, fell almost 20% in the seven days to March 9, marking their biggest weekly percentage slide since November 2022. The sell-off has penetrated a bullish trendline that started after the June 2022 crash of Terra’s algorithmic stablecoin, UST. This decisive breakdown suggests that ether’s nearly three-year-long bullish trend has likely ended, shifting focus to potential further losses, possibly reaching support levels NEAR $1,500 identified in September-October 2023. Trendlines help visualize trader fund allocation directions and likely price movements.
Urgent Alert: Ethereum Holders Face Critical 48-Hour Window to Switch to Skyren DAO
Ethereum holders are in a race against time. The market suffered a brutal 26% drop, liquidating over $1 billion in positions in the past 72 hours. While whale investors attempt to salvage the situation, uncertainty looms. A new opportunity has emerged with Skyren DAO, offering a revolutionary approach to airdrop collection and high-yield staking, hailed as the next hidden gem for investors to reposition themselves.
