Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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SUI Eyes Bullish Breakout As Crypto Traders Go Long Above $2 – What’s Next?
Sui (SUI) could witness a bullish breakout soon enough, with crypto traders betting on the crypto climbing above $2. SUI’s fundamentals also paint a bullish picture for the crypto and indicate that it could be one of the best performers in this market cycle. SUI Eyes Breakout With Traders Going Long SUI could be on the verge of a breakout, with traders betting that the crypto will rise higher. Coinglass data shows that the long/short ratio is currently at 1.3,…
8 months ago
Expert Dissects $60 Forecast For XRP Price, Institutional Investors Are The Key
A particular crypto analyst has boldly predicted that XRP price could rise to $60, driven by the influx of demand and capital from institutional investors as it taps into the market share or daily volume of the SWIFT, a global messaging solution for banking and payment. XRP Eyes $60 With SWIFT’s Volume Boost In a recent X (formerly Twitter) post, Levi Rietveld proposed a unique scenario where XRP’s price could potentially surge to $60, marking a staggering increase of approximately…
8 months ago
Ethereum MVRV Score Signals Cooling Market Momentum – Time To Buy?
In line with the general crypto market, Ethereum (ETH) produced a positive price performance in the past day with a significant 4.50% gain, according to data from CoinMarketCap. Following this price rise, the altcoin moved its weekly profits to around 1.35% after what has been a turbulent trading week. However, certain market indicators signal the ETH market remains far from a bullish breakout. Ethereum MVRV Far From Critical Bullish Level, Analyst Says In an X post on Friday, crypto analyst…
8 months ago
Cardano Whales Move $6 Billion In One Day, Fuel For ADA Price To Reach $0.5?
In an interesting move, Cardano (ADA) has rebounded by almost 4% in the past 24 hours, in what seems to be an uptick in activity among large ADA holders. The price of ADA started the week on a bearish note and spent the majority of the week trending downwards. Particularly, the ADA price fell by about 9.5% to bottom out at $0.33260. However, the crypto has rebounded and has increased by about 6% from this low. This price rebound was…
8 months ago
Cardano Price Prediction: ADA Dominance To Continue Fading – Investors Are Jumping on This New Crypto With 200x Potential
Cardano is a singular riches-to-rags crypto story. The once third-ranked token and the carrier of the hopes of many has plummeted out of view and out of the top 10. Cardano dominance is a fraction of what it once was, and the Cardano price predictions do not make it look much better. Fortunately, investors can find respite in the new crypto casino Rollblock. This new crypto has already gained over $4 million in liquidity, and Cardano investors are jumping ship.…
8 months ago
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AvalancheAvalanche Rebounds: Eyes $29.35 Breakout And Further Gains
Avalanche (AVAX) has regained traction, showing signs of a potential bullish resurgence as it approaches a key resistance level at $29.35. After a period of consolidation, AVAX’s price action hints at a possible breakout, which could trigger a strong upward movement. With technical indicators showing signs of strength, the market’s focus now shifts to whether Avalanche can sustain this upward momentum and push past the $29.35 barrier for a sustained move higher. This analysis aims to evaluate Avalanche’s recent price…
8 months ago
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CardanoCardano Faces 30% Correction Risk After Drop In Large Holders’ Netflow – Details
Cardano (ADA) is currently trading near its yearly lows after months of underwhelming price action. Since early August, the price has struggled to hold above the crucial $0.36 level. This shift has left ADA in a precarious position, with investors and traders watching for signs of a potential recovery. Data from IntoTheBlock highlights a significant drop in whale activity over the past month, raising concerns about further downside pressure. The decrease in large transactions suggests that major holders may be…
8 months ago
Bitcoin Price Hits $63,000 – Is The Market Set For Takeoff?
According to data from CoinMarketCap, Bitcoin (BTC) gained by 4.08% in the last 24 hours as it briefly traded above the $63,000 price mark. Notably, this price rise comes following a decline that saw the market leader trade below $59,000 on Thursday. While the market sentiment is currently bullish, certain conditions are needed to procure an actual bullish breakout. Bitcoin On The Brink Of Short-Term Bullish Run Following Bitcoin’s price ascent to around $62,000 on Friday, CryptoQuant analyst with the…
8 months ago
Is Bitcoin Price Primed For New Record High? Analyst Provides Update On $78,000 Prediction
A crypto analyst has offered an update on their analysis, predicting the Bitcoin price to climb to a new all-time high in the coming months. What’s Next For Bitcoin In October? In a September 23 post on X, crypto analyst Ali Martinez put forward an interesting prognosis on the current price action of Bitcoin and its future trajectory. According to the pundit, the premier cryptocurrency looked set for a bullish breakout — albeit not in a straightforward move. In his…
8 months ago