Talks of a potential acquisition follow renewed interest in Nexon&#8217;s massively multiplayer online role-playing game series MapleStory.

Tencent explores purchase of Nexon gaming company

U.S. stocks fell sharply Friday as escalating military conflict between Israel 
and Iran sent oil prices soaring and investors retreating from risk assets. 
The Dow Jones Industrial Average closed down 1.79%, while the S&amp;P 500 closed 
down 1.13% and the…

Dow Jones lower by 1.79%,markets rattled as Israel-Iran conflict escalates

Ethereum&#8217;s price action this week has been very notable, with the leading 
altcoin breaking above $2,800 again for the first time in four months. 
Ethereum managed to break above the $2,800 mark for the first time since 
February, briefly touching $2,870 before pulling back slightly. Related 
Reading: Ethereum Staging A Repeat Of Bitcoin’s 2021 Cycle? Here’s The Target 
Two separate analyses by crypto strategist Crypto Patel on the social media 
platform X suggests Ethereum is now on the right track. The first, based on an 
8-hour chart, highlights a rally toward $4,000. The second, using a long-term 
two-week timeframe, outlines a bullish setup that could send Ethereum soaring 
to $10,000 and beyond. Ethereum’s Breakout From Sideways Consolidation Zone In 
a recent analysis shared on X, a crypto analyst known as Crypto Patel 
highlighted Ethereum’s attempt to break out of its established range. Using 
the 8-hour candlestick chart, he pointed out how the Ethereum had spent many 
weeks since early May trading between clear support at $2,366 and resistance 
around $2,734. The breakout seen on the chart occurred just above this 
resistance zone, when Ethereum briefly pushed past $2,800 before facing some 
rejection. If this breakout holds above $2,800, Ethereum could initiate a 
steep upward rally toward the $3,500 to $4,000 region in the coming weeks. 
Crypto Patel noted the importance of watching whether Ethereum sustains above 
the $2,750 breakout line, as a successful confirmation could trigger an influx 
of bullish momentum. Ethereum’s To $10,000 In The Long-Term In a follow-up 
post analyzing a much larger timeframe, Crypto Patel shared a two-week 
candlestick chart that mapped Ethereum’s longer-term structure since 2018. The 
chart revealed a well-defined bullish setup, including a bounce from a key 
bullish order block around $1,400 in April. This bounce acted as a support 
level, with the resulting candlestick being a bullish one that broke through 
another order block between $1,700 and $2,500. Related Reading: Ethereum Price 
Eyes 38% Jump To $3,500 As 50EMA Swims Into View Patel pointed out that 
Ethereum is now showing signs of a long-term bullish continuation pattern. 
With support levels already locked in for the next bear market, the analyst 
projected a target above $10,000, citing a 438% upside potential from current 
price levels. The chart also marks $2,500 as a structural pivot point, with 
Ethereum’s ongoing upward trajectory expected to strengthen if this support 
level continues to hold. Therefore, the path to $10,000 will depend on 
Ethereum’s ability to turn its recent resistance break into sustained 
momentum. The $2,800 region must now serve as a support base rather than a 
resistance ceiling. However, this has failed to really materialize in the past 
24 hours, as Ethereum is currently down by a massive 9.6%. The ensuing price 
action has seen the leading altcoin now back trading within this consolidation 
range. Failure to hold above $2,500 could cascade to more losses over the 
weekend until it closes on $2,366 again and probably initiate another bounce 
from here. Featured image from Getty Images, chart from Tradingview.com

Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke

Bitcoin’s flash crash could be followed by a 64% rally if historical data 
rings true again.

Bitcoin flash crash presents prime buy opportunity if historic pattern repeats

On Friday, around 2 p.m. Eastern time, reports show that Iran has begun 
counterstrikes firing “hundreds” of ballistic missiles toward Israel. Wall 
Street Sinks as Israel-Iran Conflict Erupts in Missile Onslaught CNN reported 
that the Israeli military said it identified incoming missiles launched from 
Iran, and the news station heard the explosions in Tel Aviv […]

Iran Unleashes Missile Blitz on Israel—Dow Tanks Over 800 Points

Avalanche was hot hard by Middle East tensions, with technicals not going in 
its favor.