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
Solana Price Analysis: How Low Volatility Sets the Stage for a Bullish Breakout
The post Solana Price Analysis: How Low Volatility Sets the Stage for a Bullish Breakout appeared first on Coinpedia Fintech News Amid the ongoing back-and-forth movement in the crypto industry, Solana (SOL) price continues to consolidate in a horizontal pattern, which is less interesting to leveraged traders but crucial for hodlers. The low volatility registered by Solana price in the past few months has given buyers a chance to accumulate more coins. Furthermore, a gradual shift in demand from Bitcoin…
10 months ago
Tags
BullishTags
BullishFloki Bullish Breakout Ignites: Could A 96% Surge Be Next?
Of late, Floki has been in the headlines, with investors apparently mixing this frenzy with a mix of technical analysis and improving on-chain data. Floki, a meme coin named after Elon Musk’s Shiba Inu dog, is making waves within the crypto market. According to analysts such as CryptoAnalystHub and Javon Marks, this token is predicted to see colossal gains. But is this meme coin really due for major upside price action, or are hype and expectations running ahead of the…
10 months ago
Litecoin Sees Sudden Exodus Of Retail Investors: Why This Can Be Bullish
On-chain data shows Litecoin has recently seen a sudden exit of small hands, which can favor LTC’s price. Small Litecoin Investors Have Been Displaying FUD Recently In a new post on X, the on-chain analytics firm Santiment discussed the latest shift in Litecoin’s userbase. A couple of relevant indicators are relevant here: Total Amount of Holders and Supply Distribution. The first of these, the Total Amount of Holders, measures, as its name suggests, the total number of addresses on the…
10 months ago
Amid Bullish Breakout, Will Akash Network (AKT) Price Record 2x Reversal?
The post Amid Bullish Breakout, Will Akash Network (AKT) Price Record 2x Reversal? appeared first on Coinpedia Fintech News The cryptocurrency market has continued to display increased price volatility over the past few days. However, with the price of Bitcoin hovering above the $62K mark, the top altcoins have successfully regained momentum. This indicates a positive outlook for the crypto space. On the other hand, Artificial Intelligence (AI) has displayed a significant uptrend during this time. Following this, the AKT…
10 months ago
Dogecoin Millionaire is Bullish on Toncoin, Resistance Dog Meme Coin
The post Dogecoin Millionaire is Bullish on Toncoin, Resistance Dog Meme Coin appeared first on Coinpedia Fintech News A new crypto ecosystem is waking up, and its leading meme coin has done a 2x overnight. Resistance Dog, a Toncoin-based meme coin, has exploded today, and a leading meme coin trader is bullish. SlumDOGE Millionaire Invests In REDO; Price Surges On Telegram CEO Arrest Glauber Contessoto, otherwise known as SlumDOGE Millionaire, seemingly understood the potential for Resistance Dog long before its…
10 months ago
Bitcoin (BTC) holds above $63,000 – next bullish phase to come
The week closed with bullish overtones for Bitcoin. Managing to stay above the recently reclaimed $63,000 support, the $BTC price is consolidating here while the bulls are eyeing the top of the channel at around $68,000. A week of economic data to come The Spot Bitcoin ETFs saw a bumper inflow of $252 million on Friday - the seventh straight day of positive inflows. On the flip side of the coin, the U.S. government Bitcoin still remains that chilling spectre…
10 months ago
Bullish XRP Analyst Eyes $7.50 If Crypto Breaks Resistance
The price of XRP is yet to embark on a bullish trajectory but many crypto analysts continue to remain bullish. Among these analysts is EGRAG Crypto, a figure well-known in the crypto community for his consistently ultra-bullish perspective on XRP. In a recent detailed analysis shared on the social media platform X, EGRAG expressed his belief that XRP’s prolonged period of trading under the $1 mark might soon be coming to an end. His technical analysis reveals the potential for…
10 months ago
Bitcoin Soars as Mt. Gox Repayments and Bullish Signals Clear Path to $100K
The post Bitcoin Soars as Mt. Gox Repayments and Bullish Signals Clear Path to $100K appeared first on Coinpedia Fintech News The crypto market is buzzing with excitement as the total market cap skyrockets by 4.8% in just 24 hours, hitting a whopping $2.26 trillion! Bitcoin, the king of crypto, is riding high, with its price soaring to an impressive $64,961. This surge came after Bitcoin’s crash risk due to Mt. Gox repayments significantly decreased by nearly 75%, according to…
10 months ago
Bitcoin Price Prediction: Bullish Pattern Targets $80K, but Bearish Clouds Hover
The post Bitcoin Price Prediction: Bullish Pattern Targets $80K, but Bearish Clouds Hover appeared first on Coinpedia Fintech News Bitcoin is currently showing a strong bullish signal as its price breaks through key resistance levels in the short term. This breakout has resulted in a significant short squeeze, where various short positions have been liquidated, driving the price even higher. According to analyst Josh of Crypto World, on the daily Bitcoin chart, a noticeable decline in the U.S. Dollar Index…
10 months ago