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
FET Gears Up for Gains: Bullish Momentum Eyes $1.8 Breakout
FET is showing renewed positive strength, with recent price action suggesting a breakout toward the $1.8 resistance level may be on the horizon. After bouncing back from key support zones, the cryptocurrency has caught the attention of traders as upward pressure begins to build. With buying interest growing and technical indicators showing signs of strength, the stage is set for FET to potentially reclaim higher price levels, positioning $1.8 as a crucial target for bulls looking to extend the rally.…
8 months ago
Bullish Momentum Continues for Dogwifhat Up 32% in 7-Day New Gambling Coin Mpeppe Passes The $3m Mark
The cryptocurrency market is heating up, and meme coins like Dogwifhat (WIF) and Mpeppe (MPEPE) are leading the charge. Over the past seven days, Dogwifhat (WIF) has experienced a remarkable 32% increase, while Mpeppe (MPEPE), an AI-powered gambling coin, has crossed the $3 million mark in its presale stage. These milestones have grabbed the attention of savvy investors looking for the next big opportunity in the meme coin and gaming sectors. Mpeppe (MPEPE) Crosses $3 Million While Dogwifhat (WIF) is…
8 months ago
Technical Analysis: Bullish Signals for Pepecoin Spills Over To Rivals A.I Gambling Coin Mpeppe
In the world of cryptocurrencies, the meme coin sector is making waves once again as coins like Pepecoin (PEPE) continue to rally. With Bitcoin nearing $64,000, meme coins have benefited from a surge in trading volume, and many of these coins, including Pepecoin (PEPE), are showing bullish signs. As Pepecoin's momentum grows, its bullish signals are starting to spill over into other meme-inspired and utility-driven coins, most notably AI gambling coin Mpeppe (MPEPE). The Shift to Mpeppe While Pepecoin (PEPE)…
8 months ago
Bitcoin Holds Steady As Bullish Breakout Awaits These Conditions – Details
According to data from CoinMarketCap, Bitcoin currently hovers near the $62,000 price mark with no significant movement in the past day. Notably, the premier cryptocurrency has slipped into a minor consolidation state since the little gains recorded on Friday. However, for long-term traders, Bitcoin has remained in a range-bound movement stretching to March. And while many investors are highly expectant of a bullish breakout in Q4 2024, certain market conditions must be met. Related Reading: Bitcoin Futures Liquidation Forms Local…
8 months ago
Chainlink (LINK) Bullish Pattern Could Ignite A Breakout: Analyst Sets $15 Target
Chainlink is currently trading in a bullish pattern that has been developing for at least seven months, capturing the attention of analysts and investors alike. Many are eagerly anticipating Chainlink to surge during this cycle and finally reclaim new all-time highs. The extended consolidation phase has kept traders on edge, as they await a significant breakout. Renowned crypto analyst Lucky has shared an insightful prediction regarding Chainlink’s potential trajectory. According to Lucky, the key lies in LINK breaking above its…
8 months ago
Solana to Flip Ethereum? This Bullish Memecoin Will Outgrow Both, Experts Claim
A new cryptocurrency is gaining attention for its potential to surpass established giants. Experts are optimistic about a trending memecoin that could lead the market's next surge. This rising star promises significant growth and is sparking conversations among investors. Explore which digital assets are set to expand rapidly and could redefine the crypto landscape. DOGEN: The Ultimate Memetoken for Real Alphas Who Always Win Imagine living a dream life — posh cars, fat stacks of cash, and women who turn…
8 months ago
XRP Macro Charts Signal Explosive Bullish Move Despite SEC Appeal: Analyst
In a technical analysis shared with his followers on X, crypto analyst Bobby A (@Bobby_1111888) provides a bullish prediction for XRP despite the US Securities and Exchange Commission’s decision to appeal the ruling in its case against Ripple Labs. Amid the regulatory turmoil, Bobby’s interpretation of the macro charts suggests a bullish outlook for XRP, contradicting the potential bearish sentiment stirred by the SEC’s latest legal maneuver. Bobby contrasts the immediate market reactions typically triggered by high-profile legal news with…
8 months ago
US Presidential Election Will Be a ‘Bullish Catalyst’ for Bitcoin Even if Kamala Harris Wins
Bitcoin and the wider cryptocurrency markets have experienced a turbulent start to October, with BTC falling as low as $60,370 on October 2. This comes off the back of a better-than-expected September, and amid optimism over October and Q4 as a whole, which has historically been a very bullish period for the crypto markets, especially during years which have had a US Presidential Election. Despite the concerning start to October, Suliman Mulhem, a UAE-based Political Consultant, suggested that there are…
8 months ago
Ethereum Price Grinds Lower: Is the Bullish Momentum Fading?
Ethereum price extended its decline below the $2,450 level. ETH is now consolidating and might struggle to recover above the $2,425 level. Ethereum declined further and traded below the $2,400 zone. The price is trading below $2,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,350 support to start a fresh increase in the…
8 months ago