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…
AVAX
Crypto Price Analysis 7-12 BTC, ETH, SOL, ADA, AVAX, RNDR, SEI
Bitcoin (BTC) has dropped over the past couple of days after failing to push above the $60,000 mark. After reaching a high of $59,683, BTC fell into the red and settled at $57,386, with sellers active at higher levels. Despite BTC’s difficulty in recent days, one analyst has predicted that it could hit a staggering $330,000 this bull cycle. Smart Money Is Betting On BTC The staggering prediction was made by independent analyst Arsen, who, unfazed by BTC’s recent dip,…
11 months ago
Avalanche Shines: New Partnerships and Game Releases Boost AVAX
Avalanche (AVAX) gains attention with strong performance and new gaming partnerships. Spellborne MMORPG on Avalanche hits 100,000 sign-ups and plans a broader release. In the midst of the cryptocurrency market’s continued rebound, Avalanche (AVAX) has received major attention by ranking among the top ten best-gainer cryptocurrencies over the last 24 hours on CoinMarketCap. AVAX is currently trading at about $27.13, up 6.93%, with a transaction volume of $327.64 million over the period. Avalanche Network Boosted by Gaming and Protocol Integration…
11 months ago
Crypto Price Analysis 7-10 BTC, ETH, SOL, UNI, AVAX, WIF, APT
Bitcoin (BTC) has bounced back after falling to a day low of $53,591 on Friday and is moving towards $60,000. However, analysts have warned that markets will remain volatile for the foreseeable future. Analysts have predicted that markets will have to absorb between $4 billion and $7 billion worth of BTC selling pressure in the middle of the year, which will weigh on prices as the year progresses. Markets Recover, But Is Rally Short-Lived? The cryptocurrency market has rebounded, with…
11 months ago
Avalanche (AVAX) Price Teases Breakout: Momentum Could Drive More Upsides
AVAX price is gaining pace above the $26.50 resistance. Avalanche could rise further if there is a clear move above the $27.75 resistance zone. AVAX price is moving higher from the $24.70 support zone against the US dollar. The price is trading above $26.50 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $26.50 on the hourly chart of the AVAX/USD pair (data source from Kraken). The pair could continue…
11 months ago
Avalanche On The Verge: Will AVAX Break Out And Reach $65?
Avalanche (AVAX), the smart contracts platform known for its fast transaction speeds, is stirring excitement in the crypto world. With a recent price dip seemingly nearing its end, analysts are eyeing a potential breakout that could propel AVAX to new highs. However, amidst the bullish whispers, experts advise a dose of cautious optimism before investors jump on the bandwagon. A Consolidation Phase Hints At Breakout Potential The current price movement of AVAX has analysts glued to their charts. The coin…
11 months ago
Did You Miss The AVAX and KASPA Surge? Capitalize On This Low Cost Opportunity Now!
The urge to come back to bullish ways is all over the altcoin market, and Avalanche (AVAX) and Kaspa (KAS) are among the DeFi coins leading the charge. Their most recent spikes saw both tokens record over 20% on the weekly timeframe, and many investors will be gutted not to have held either project. It might be too late to take your chances with AVAX and KASPA, but the new meme project Raboo ($RABT) is offering even better deals. Low-cost…
11 months ago
Avalanche (AVAX) Price Rallies: Can It Break Through the $30 Barrier?
AVAX price is gaining pace above the $28.65 resistance. Avalanche could rise further if there is a clear move above the $30.00 resistance zone. AVAX price is moving higher from the $27.40 support zone against the US dollar. The price is trading above $28.65 and the 100-hourly simple moving average. There was a break above a key declining channel with resistance at $28.40 on the hourly chart of the AVAX/USD pair (data source from Kraken). The pair could continue to…
11 months ago
Avalanche Gains Momentum As AVAX Sets Sights On $30.34 Resistance
Avalanche (AVAX) has recently shown a strong correctional upswing, sparking renewed interest among investors and traders. This upward momentum comes after a rejection at $23.49 and indicates a potential challenge to the $30.34 resistance level. As AVAX approaches this critical threshold, market participants are closely watching to see if the cryptocurrency can maintain its bullish trajectory and break through the resistance. The $30.34 level is now a focal point, determining whether Avalanche can sustain its rally and continue to climb…
11 months ago
Crypto Price Analysis 6/28 BTC, ETH, BNB, SOL, TON, AVAX, LINK, LTC
The short-term trends for the cryptocurrency markets look shaky, although the potential for relief remains. Bitcoin (BTC) is struggling to move past the $62,200 and $62,400 levels. Bitcoin had started the week with a drop of 4.48%, facing intense selling pressure as bears pushed it to a low of $58,474 before buyers could push the price back above $60,000. Bitcoin Spikes On Back On Trump-Biden Debate Bitcoin has spiked by over 1%, buoyed by Republican presidential candidate Donald Trump widening…
12 months ago