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
Ethereum And Altcoins Crash: Why Is This Analyst Super Bullish?
Altcoins like Ethereum, Cardano, Solana, and the rest might be lower at spot rates. However, according to one analyst who sees a parallel in the current formation to the 2020 market cycle, they are gearing up for a potential surge. In a post on X, the analyst says that often, after a period of accumulation and a retest of previous highs, altcoins tend to be volatile. The crypto analyst also notes that Bitcoin has pulled back from its all-time highs…
1 year ago
Bullish Growth On Borroe Finance Presale Could Push $ROE To Outperforming MATIC And XRP
The post Bullish Growth On Borroe Finance Presale Could Push $ROE To Outperforming MATIC And XRP appeared first on Coinpedia Fintech News As Borroe Finance ($ROE) has taken the forefront of crypto, investors are going after $ROE adoption. This bullish momentum has made $ROE’s excellent presale journey. On the other hand, Polygon (MATIC) and Ripple (XRP) were trying hard to grapple with the ongoing market scene. Will $ROE outperform MATIC and XRP? Let’s delve deeper to know more about top…
1 year ago
VeChain (VET) Rally: Analysts Predict Bullish Trajectory and 600% Price Upswing Ahead
Multiple analysts confirm a bullish outlook for VET with Captain Faibik predicting a 600% surge in the midterm. Crypto analyst Michaël van de Poppe earlier predicted that altseason could begin soon. VeChain (VET) has made multiple attempts to break its resistance level at $0.04987 in the past couple of days amidst the ongoing bearish trend. Interestingly, this effort has proven futile as the asset records a 1.2% and 8.9% decline in the last 24 hours and 30 days respectively. At…
1 year ago
Solana (SOL) looks so bullish compared with Ethereum (ETH)
As ethereum (ETH) struggles to keep pace with bitcoin (BTC), Solana (SOL), its major competitor as a layer 1, is moving extremely positively against both. Across social media, the persistent theme is that it's got to be ethereum’s time. There is talk that $ETH will eventually flip $BTC in market cap. The decreasing deflation is another topic. Upgrades are coming thick and fast. Yada yada yada. However, when it comes down to price action, $ETH is definitely not king. The…
1 year ago
Bitcoin (BTC) bullish monthly close augurs continuation of upward trend
After a strong move up on Sunday, bitcoin was able to close well above the support at $69,000. $BTC just tested this support early on Monday. Will $BTC now move upward to test the high at $73,800, or will the support be breached? Bitcoin made a good surge on Sunday to close both the weekly and monthly time frames nicely above the $69,000 of the last bull market high. That said, the price was rejected from the $71,300 resistance, and…
1 year ago
Ethereum Price Stays Bullish As Indicators Point To Fresh Upside
Ethereum price is signaling positive moves above the $3,550 zone. ETH could gain bullish momentum if it clears the $3,650 resistance zone in the near term. Ethereum started another increase from the $3,500 support zone. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it settles above the…
1 year ago
Chainlink’s CCIP: Transforming Token Bridges and Propelling LINK Towards a Bullish Future
Metis integrates Chainlink CCIP for faster and more secure cross-chain transactions, reducing transfer times from Ethereum mainnet to minutes. Chainlink CCIP ensures a standardized interface for interoperability, simplifying the process for developers and enhancing user experience across blockchain networks Chainlink CCIP has been officially integrated into Metis, an emerging blockchain ecosystem this is according to a recent blog published on the Chainlink’s blog. This strategic decision marks a significant milestone for Metis as it seeks to enhance interoperability and foster…
1 year ago
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BullishShiba Inu Dips Below $0.00003 Again – Can Bulls Reverse The Bullish Momentum?
The $0.00003 price level has remained a critical point for Shiba Inu in the past few days. A recent market tug-of-war between bulls and bears has seen the meme coin particularly struggling to hold above $0.00003 in the past two days. This has led to uncertainty about the crypto’s direction as we break into a new month as a breakdown below the figure could lead to an extended price reversal. However, the majority of SHIB holders continue to hold onto…
1 year ago
Avalanche To Hit $180 in Q2 While Solana Reattempts The $200 Threshold – KangaMoon Aims for $1 by Q3 With Bullish Growth Prospects
As cryptocurrency markets continue to captivate investors' attention, analysts are expressing optimistic sentiments regarding several notable altcoins. Solana (SOL) has garnered significant attention due to its remarkable growth, with projections indicating a milestone of $200. Likewise, Avalanche (AVAX) is expected to experience a surge, potentially reaching $180 by May, contributing to the overall excitement in the cryptocurrency market. In another development, KangaMoon (KANG) is poised for a significant milestone, with expectations set for it to reach the $1 mark by…
1 year ago