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…
Bullish
Analyst Forecasts XRP Bullish Breakout – A 1,000% Opportunity?
XRP is currently testing a crucial resistance level that will shape its price action in the coming weeks. After the euphoria surrounding the Federal Reserve’s interest rate cuts in late September, the market is experiencing uncertainty and anxiety. While some investors remain optimistic, the recent price movements of XRP have led to a sense of caution. Top crypto analyst Amonyx has shared insights into the potential for an unexpected XRP rally. In his analysis, he suggests that the altcoin might…
8 months ago
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
Solana Bullish Pattern Signals Massive Gains Ahead – 2021 Rally Could Repeat
Solana (SOL) is currently trading at the lower end of a monthly range that began in March, positioning the asset at a pivotal level that will dictate its price action in the coming months. As the broader crypto market faces uncertainty, analysts and investors closely monitor whether this range represents an accumulation phase that could precede a significant rally. Top analyst and investor Mister Crypto recently shared a technical analysis comparing Solana’s current price structure to its 2021 performance, highlighting…
8 months ago
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BullishSUI Faces A Pullback: Here Are Potential Bullish Turnaround Points
SUI is experiencing a notable pullback after its recent rally, with multiple key support levels coming into focus. As the price edges lower, these areas will play a pivotal role in determining whether the asset can regain its bullish momentum. A strong defense of these supports could signal the start of a fresh upward move, while a failure to hold may lead to deeper declines. This article aims to assess SUI’s recent price pullback and explore critical support levels that…
8 months ago
Shiba Inu Price Set To Rally Over 2430% To $0.000047 As Trend Oscillator Turns Bullish
The price of Shiba Inu might be currently declining, but an analyst says the meme coin is gearing up for a bullish run as it is currently flashing a buy signal. According to Cantonese Cat, SHIB is now flashing a strong buy signal based on the L3 Banker Fund Flow Trend Oscillator, a relatively lesser-known indicator. In a detailed breakdown shared via a YouTube video, Cantonese Cat explored SHIB’s recent price action in conjunction with this oscillator, revealing that it…
8 months ago
TON Recovery Stalls: Another Price Decline Hinders Bullish Efforts
TON is facing renewed selling pressure as its price takes another dip, putting its recovery efforts in jeopardy. Despite previous attempts to regain bullish momentum, the cryptocurrency now struggles to hold its ground as it slips further below key support levels. With bears seemingly regaining control, the market is closely watching whether the current support levels can hold. As TON struggles to maintain its ground, the outlook becomes increasingly uncertain, with more downside risks looming. This piece aims to explore TON’s…
8 months ago
Wall Street Expert Points to 6,000% Bullish Target for this $0.03 Altcoin that Will Outperform Solana and Ethereum
Wall Street has been moving away from traditional stocks and investments to cryptos as digital assets take center stage. A new strategic analysis provided by investment specialists has revealed a new opportunity that can yield a high ROI, surpassing Solana (SOL) and Ethereum (ETH). Solana and Ethereum have been the most popular among the insiders, but now they are looking at this promising contender that can surge 6,000%. Is this the next big push in the crypto space or the…
8 months ago
Bitcoin’s Puell Multiple Signals A Bullish Surge: Could A New ATH Be Near?
While Bitcoin has been unable to break past the $70,000 price mark for over 2 months now, the asset has made efforts to remain above the $60,000 mark. Amid this maintenance above the $60,000 price level, analysts have continued to speculate on BTC’s future trajectory especially when the asset would make the play out of the long-anticipated rally to a major highs. One such analyst, CryptoBullet on X, has brought attention to a particular indicator— the Puell Multiple— suggesting that…
8 months ago
Dogecoin Analyst Expects A ‘Multi-Year Bullish Breakout’ – 200% Surge Potential
Dogecoin is trading critically, and investors are paying attention as this could shape next week’s price action. After several weeks of volatile market movements marked by sharp ups and downs, the entire crypto market is at a turning point. Many believe this week could set the stage for a massive rally. Top analysts and investors are weighing in, with prominent crypto analyst Ali sharing compelling data that projects a significant surge for Dogecoin in this cycle. According to Ali, if…
8 months ago