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…
ATH
New ATH Incoming? Analyst Reveals Why Bitcoin’s Next Rally Is Around the Corner
Bitcoin has been in a consolidation phase since its renewed peak above $73,000 in March. However, many experts in the crypto space are eyeing potential signs of a breakout that could lead to a new all-time high (ATH). A renowned crypto analyst, Mags, for instance, recently shared his insights on Bitcoin’s outlook, noting patterns that have emerged in the past and how they might affect the crypto asset’s future. Bullish Signals In Bitcoin Consolidation According to Mags, Bitcoin’s current price…
9 months ago
Bitcoin To Break $100K By 2025? Experts Weigh In On Potential New ATH
With its overall market valuation down about 30% from its March 2024 record of $2.89 trillion, the cryptocurrency market is reaching a turning point. Investors are worried as the market cap as of September 8, 2024, is $1.93 trillion. Nonetheless, a recent BTC price forecast indicates that Bitcoin is anticipated to rise by 83.70% in the next three months, indicating possible comeback. Although Bitcoin has lost a quarter from its all-time high of $74,000, analysts like Alan Santana think a…
9 months ago
Shiba Inu Recovery To $0.000081 ATH Levels Still In Play
Meme coin Shiba Inu now finds itself trading between a narrow range of $0.000013 on the support side and $0.00001370 on the resistance side in the past 48 hours. This consolidation price action has emerged after a decline that saw SHIB fall from $0.00001600 in the last week of August. This notable decline has culminated with SHIB bouncing off support at $0.000013, which coincides with the 0.618 level on the Fibonacci extension indicator within a bearish trend that has persisted…
9 months ago
Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?
Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns. One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show low interest from traditional investors, adding to the bearish sentiment around ETH. As the crypto market is gripped by fear and uncertainty, Ethereum traders are…
9 months ago
Conflux Price Prediction 2024 – 2030: Will CFX Price Record A New ATH?
The post Conflux Price Prediction 2024 – 2030: Will CFX Price Record A New ATH? appeared first on Coinpedia Fintech News Story Highlights The live price of the CFX crypto is $ 0.00000000. Conflux price could reach a high of $0.27 in 2024. This altcoin with a potential surge, may reach a high of $1.75 by 2030. The Conflux Network is a public “Layer-1” blockchain and was created to power the Decentralized Applications (dApps) and Web3 infrastructure. With a prime goal…
9 months ago
Crypto Trader Who Predicted Bitcoin’s $74,000 ATH Forecasts Strong Market Bounce This Fall, Shares Best Altcoins to Buy Now
A prominent crypto trader, known for accurately predicting Bitcoin’s $74,000 all-time high (ATH), is back with another market forecast. This prediction followed the approval of the much awaited Bitcoin ETFs. Now, he anticipates a significant market bounce this fall, and he’s highlighting three altcoins that investors should keep an eye on: Solana (SOL), Dogecoin (DOGE), and MoonTaurus (MNTR). Solana (SOL) Positioned for a Bullish Breakout Solana is currently trading within a range that has captured the attention of many investors.…
9 months ago
Bitcoin Hash-Rate Hits ATH, While It May Not Be The Right Time to Accumulate BTC, Says an Analyst. What’s Next?
The post Bitcoin Hash-Rate Hits ATH, While It May Not Be The Right Time to Accumulate BTC, Says an Analyst. What’s Next? appeared first on Coinpedia Fintech News The start of the month was quite bearish as the Bitcoin price dropped below the consolidation of $59,000. Nevertheless, the price quickly recovered and reclaimed the levels, reviving the possibility of a swift rebound. Lately, the shorts accumulated at $70,000, indicating the bulls are being stationed at these levels. However, these levels…
9 months ago
PEPE Open Interest Plunges 72% From ATH, Is A Recovery Imminent?
When it comes to meme coins, PEPE has undoubtedly been one of the best performers in the last year. The meme coin reached an all-time high after an all-time high in 2024, eventually crossing the $5 billion market cap. The rapid rise in price was followed by a surge in the open interest of the meme coin at the time. However, with time, the open interest has seen a notable decline, both in price and in open interest, but this…
9 months ago
Beam Price Prediction 2024 – 2030: Will BEAM Price Record A New ATH In 2024?
The post Beam Price Prediction 2024 – 2030: Will BEAM Price Record A New ATH In 2024? appeared first on Coinpedia Fintech News Story Highlights The live price of the BEAM crypto is $ 0.03602940. Beam price could reach a high of $0.0310 in 2024. Beam coin price with a potential surge, may reach a high of $0.149 by 2030. Built on the Ethereum chain, the Beam project has empowered the gaming network with Merit Circle DAO. moreover, this ecosystem has…
9 months ago