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
Cardano’s ADA Price Analysis Signals Super Bullish Momentum to $0,50
Despite facing significant resistance around the $0.50 price level, Cardano (ADA) has shown signs of resilience in its price action. Analyst Justin Bons accused Cardano’s parent company of controlling key aspects of the blockchain. Cardano (ADA) has recently faced significant resistance around the $0.50 price. The trading volume over the last 24 hours has declined by 53% to $291,504,216, suggesting lower trading activity compared to the previous day. This decline followed allegations by cryptocurrency analyst Justin Bons, who accused the…
1 year ago
Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out
The post Major Analyst Crypto Tony Bullish on These Meme Coins, But One Stands Out appeared first on Coinpedia Fintech News In this Q3, we have witnessed big changes in the crypto market, changing investor’s decisions about the top altcoins to buy. These changes include Bitcoin’s price finally approaching $70K before slightly consolidating. This positive price movement has created hope for the altcoin market and many investors are looking to hedge with the most promising tokens while they can. Amid…
1 year ago
Solana to Hit $1,000? Analyst Makes Bullish Call Despite Recent Downturn
Solana (SOL) defied a slight market dip today, maintaining key support levels and sparking renewed optimism among investors. The altcoin boasts a healthy 24-hour trading volume of $6.50 billion, solidifying its position among the top cryptocurrencies. Market dominance for SOL sits at 3.04%. Analyst Bullish On Solana, Predicts Meteoric Rise Prominent crypto analyst Trader Tardigrade isn’t shying away from bold predictions. In a recent analysis, Tardigrade expressed a highly optimistic view of Solana’s future price trajectory. According to the analyst,…
1 year ago
Ethereum Eyes $4,000 Comeback Fueled By Bullish Buying Spree
Ethereum (ETH), the world’s second-largest cryptocurrency, has been on a tear lately. After months of hovering, the coin has seen a surge in price, and analysts are now pointing to signs within the derivatives market suggesting this rally might have legs. Taker Buy Sell Ratio Nears Equilibrium One key indicator is the Taker Buy Sell Ratio, a metric that tracks the volume of buy orders compared to sell orders in ETH’s perpetual futures market. Traditionally, a ratio below 1 suggests…
1 year ago
Litecoin (LTC) Price Analysis: Bullish Signals and Key Metrics Point to Potential Upside
Litecoin is gearing up for a new bull wave with key bullish signals and key metrics pointing to a breakout. Bitcoin’s continued bullish momentum could be key to LTC maintaining its new wave and the possibility of a Litecoin spot ETF. Litecoin (LTC) looks poised to stage a bullish breakout in the short term. The altcoin is flashing bullish signals with key metrics pointing to a potential upside. One of the key signals highlighted is the recently tested lower boundary…
1 year ago
Bitcoin Signal Turns Bullish, Chainlink Alternative Gains Prominence in AI Sphere
The crypto world is buzzing with excitement as a crucial Bitcoin metric flashes a big “buy” signal, sending traders and HODLers alike into a frenzy. But while everyone’s got their eyes glued to the BTC charts, a new player in the altcoin arena is quietly making moves that could shake the blockchain world to its core. Enter Borroe Finance ($ROE), the AI-powered CrossFi platform looking to flip Chainlink. The Bitcoin Bull Bellows According to some analysts on Crypto Twitter, Bitcoin’s…
1 year ago
Shiba Inu Technicals Show “Strong Buy,” Could a Bullish Rally Be Building?
As the cryptocurrency market continues to evolve, certain altcoins and trading platforms are capturing the attention of investors worldwide. Shiba Inu (SHIB), often celebrated as a vibrant meme coin with a rapidly growing community, has shown a significant price surge of 5.19% in the last week, pushing its market cap to an impressive $14.98 billion. Many analysts see this uptick as a “Strong Buy” signal, suggesting a bullish rally might be building. Concurrently, DTX Exchange, a trading powerhouse, is setting…
1 year ago
Ethereum Shows Bullish Signs With Its Strong Momentum
The post Ethereum Shows Bullish Signs With Its Strong Momentum appeared first on Coinpedia Fintech News Ethereum’s price has seen a jump of 18% in just 6 days ahead of the imminent ETH ETF approval by the SEC. Some traders expect it to hit $5,000 by the end of June. A popular technical study also points out that ether’s ongoing uptrend is as strong as in May 2021, displaying the strongest upward momentum in three years. Ethereum’s momentum indicator, which…
1 year ago
Traders Bullish on Dogwifhat and New Meme Coin Sealana
The post Traders Bullish on Dogwifhat and New Meme Coin Sealana appeared first on Coinpedia Fintech News As the crypto market regains pace, the meme coin sector is thriving, and analysts are rallying behind Solana’s largest meme coin, Dogwifhat. New opportunities also continue to arise, and traders think the new meme coin Sealana could be next to explode. WIF Bullish as Whales Activity Grows and Trader Eyes $4.8 The Solana ecosystem has been nothing short of enthralling in 2024, and…
1 year ago