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…
Ethereum
Rising Ethereum Prices Signal Imminent Altcoin Season, Analysts Predict
The post Rising Ethereum Prices Signal Imminent Altcoin Season, Analysts Predict appeared first on Coinpedia Fintech News The cryptocurrency market is officially in a macro bull market that will last until mid-2025, based on historical performance after every Bitcoin (BTC) halving. The process upward will be gradual amid heightened crypto cash rotation. Furthermore, more investors, including institutional traders, are involved in the cryptocurrency market in this bull cycle compared to prior ones following more clear regulatory measures. MikyBull Crypto on…
1 year ago
ETH Poised for a Large Move Following Successful Defense of $3K Level: Ethereum Price Analysis
Ethereum’s price has been correcting over the last few weeks following a decisive rejection from the $4,000 resistance level back in March. Yet, the market might be about to make a U-turn. Ethereum Price Analysis: Technicals By TradingRage The Daily Chart On the daily chart, the price has been forming a large descending channel pattern since the beginning of the correction. The lower boundary of the channel has recently been tested and pushed ETH to the upside. The market has…
1 year ago
Ethereum Price Hints At Potential Fresh Rally, Buy The Dip?
Ethereum price is moving higher above the $3,120 resistance zone. ETH could start a fresh rally if it clears the $3,280 resistance zone. Ethereum is recovering higher and approaching the $3,280 resistance zone. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above two connecting bearish trend lines with resistance at $3,070 and $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it closes…
1 year ago
Ethereum And Ethena Remain Under Pressure While Rebel Satoshi’s Presale Continues To Surprise Early Investors
Ethereum (ETH) could surpass the $4,400 mark by the end of the year, experts say. According to market analysts, the price of Ethena (ENA) will grow by 55% in the coming months. Rebel Satoshi’s $RECQ surprises investors with an 85% price jump in the early stages of its presale. The broader market pessimism continues to put pressure on top crypto coins like Ethereum (ETH) and Ethena (ENA), leading to price dips. On the other hand, $RECQ maintains its bullish momentum…
1 year ago
Ethereum (ETH) Eyes Resistance Level; Dogecoin (DOGE) Gains Momentum; Investors Shift to this Newly Launched AI Coin
While the week had a rocky start, the bulls have been rising to the occasion, forcing an upswing. Ethereum (ETH), the leading altcoin, is eyeing its key resistance level, preparing for a bounce. At the same time, Dogecoin (DOGE), one of the top altcoins, gains momentum and is set for another bull run. Meanwhile, investors have been casting their nets wider in the quest for 100x gems. At the top of this list is InQubeta (QUBE), a newly-launched AI coin.…
1 year ago
Ethereum Hits $3K Driving Interest in Raffle Coin’s Presale from Dogecoin & Arweave Communities Expecting Big Returns
The post Ethereum Hits $3K Driving Interest in Raffle Coin’s Presale from Dogecoin & Arweave Communities Expecting Big Returns appeared first on Coinpedia Fintech News We discuss the huge losses seen in the Ethereum, Dogecoin and Arweave markets in this article. We outline how these market conditions were inevitable and their prospects for the rest of Q2. In doing this, we explore a renewed interest in Raffle Coin amongst their investors. We investigate how Raffle Coin is managing to do…
1 year ago
Ethereum Enters Accumulation Phase As $500 Million ETH Leave Exchanges
Investors are accumulating Ethereum in droves amidst what could become a return to bullish sentiment for the cryptocurrency. Ethereum is currently ranging around $3,170, with its price undergoing volatility in the past seven days. Amidst this price volatility, on-chain data has revealed an accumulation trend from Ether investors during the week. Additionally, transaction data has shown an uptick in whale movement of ETH to and from exchanges, with recent market happenings indicating a transformation in the price of the crypto…
1 year ago
Bitcoin, Ethereum and XRP Price Prediction: Can we See Post-Halving Rally This Week?
The post Bitcoin, Ethereum and XRP Price Prediction: Can we See Post-Halving Rally This Week? appeared first on Coinpedia Fintech News With the successful Bitcoin Halving this Friday, the blockchain completes 840,000 blocks. Further, the halving reduces the mining reward to 3.125 Bitcoin per block. As the event is known for creating bull markets, the fourth halving comes at a rather wrong turn in global markets. As the U.S. markets stand at a vulnerable stage and the Iran-Israel conflict creates…
1 year ago
Diving into Whale Investments: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Insight
The post Diving into Whale Investments: Ethereum (ETH), Solana (SOL), and Furrever Token (FURR) Insight appeared first on Coinpedia Fintech News The cryptocurrency market continues to demonstrate both volatility and resilience, with several major tokens showing mixed performances recently. Solana (SOL) experienced a slight recovery after a substantial drop, reflecting broader market dynamics and challenges, including network issues. Meanwhile, Ethereum (ETH) maintains stability, showing minor fluctuations within a defined range, signaling a sideways trading pattern that mirrors broader financial markets.…
1 year ago