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…
ETH
Over 52 Million ETH Bought At $2,300, Will Ethereum Bulls Defend This Support?
Ethereum is flat at press time, moving inside a narrow $400 range with caps at $2,300 on the lower end and $2,800 as the upper limit. Even though investors are upbeat, expecting prices to soar in the coming sessions, uncertainty continues to engulf the market. Ethereum Finds Support At $2,300: Over 52 Million ETH Bought The second world’s most valuable coin is bearish, dumping by over 50% from July highs and unable to break the local resistance at $3,500. As…
8 months ago
Ethereum TD Setup: Why The ETH Price Must Hold $2,250
Ethereum has largely exhibited a sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has yet to give rise to a clear path as to how the crypto performs moving forward, denting the sentiment of many bulls. In an interesting analysis with the use of the TD Setup, crypto analyst Ali Martinez highlighted a critical price point for investors to watch on the ETH price trajectory. At the heart of this analysis is the $2,250…
8 months ago
Crypto Price Analysis 10-11 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN: DOGE, BITTENSOR: TAO, FANTOM: FTM
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours. The price had briefly dipped below $60,000 once again late on Friday, dropping as low as $58,930 before recovering and pushing back above $60,000. While BTC traded in the red, Ethereum (ETH) registered a marginal increase, along with Solana (SOL), which managed to reclaim the…
8 months ago
Ethereum Investor Sees Huge Potential in This Token, Claims It’s “Just Like Buying ETH in 2016”
A constant quest for the next big thing in terms of investment is always in the offing and this is where almost all the life-changing opportunities lie especially with cryptocurrency. It has, for instance, been a vindicated strategy for early buyers of Ethereum (ETH) to purchase the token at less than $10 in 2016. Today, an Ethereum investor explains the sentiments in terms of a new token called Rexas Finance (RXS) claiming the buying of RXS now as the buying of…
8 months ago
Crypto Price Analysis 10-10 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGWIFHAT: WIF, CHAINLINK: LINK, SEI: SEI, ARTIFICIAL SUPERINTELLIGENCE ALLIANCE: FET
Bitcoin (BTC) slipped below $61,000 earlier today and is down almost 3% over the past 24 hours as it struggles to maintain its position above $60,000. According to analytics firm Santiment, the crypto market has turned bearish, which has impacted several assets, including BTC, Ethereum (ETH), Solana (SOL), and Ripple (XRP). Analysts had warned that short-term BTC holders could be tested if BTC slips below $61,000. BTC has been trading in a narrow price range, with its low levels of…
8 months ago
$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy
The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is part of an increasing trend in which large holders, colloquially known as “whales,” are selling their holdings in the face of this volatile market environment.…
8 months ago
Crypto Price Analysis 10-9 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP, DOGECOIN (DOGE), RENDER: RNDR, ARBITRUM: ARB
Bitcoin (BTC) remained muted, registering a marginal decline over the past 24 hours. It continues to hover just under the $62,500 mark. The crypto markets have not seen much movement over the past 24 hours, with cryptocurrencies such as Ethereum (ETH) registering a marginal increase to remain above $2,400, while Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Toncoin (TON), and others reported similar marginal increases. The overall crypto market cap also reported a marginal decline, falling by 0.17% to $2.17 trillion.…
8 months ago
4 Cryptos That Will Outperform Bitcoin (BTC) and Ethereum (ETH) in the Next Big Market Surge
Everything is in place to commence the next phase of the crypto boom, and the investors are looking to spot the assets that will outperform Bitcoin (BTC) and Ethereum (ETH). Before BTC and ETH leave the stage, there are pools of underestimated yet value-loaded altcoins that can bring great returns in perspective. In this article, we will cover 4 of those cryptos that could well beat the reigning BTC and ETH in the near future with Rexas finance (RXS) being…
8 months ago
Crypto Price Analysis 10-8 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, TONCOIN: TON, UNISWAP: UNI, INTERNET COMPUTER: ICP
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world’s largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800. BTC traders are awaiting the US Consumer Price Data, with a positive report likely to trigger a price rise. Despite the volatility, an NYDIG report has revealed that BTC maintained its position as…
8 months ago