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
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
Ethereum Price at Support: Will It Bounce or Break?
Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance. Ethereum started a downside correction below the $2,500 zone. The price is trading just above $2,430 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $2,420 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,400 support level to start another increase…
8 months ago
FXGuys ($FXG) Predicted To Go An Explosive Rally While Solana And Ethereum Begin Uptober With A Dip
Solana (SOL) and Ethereum (ETH) have started “Uptober” on a less-than-ideal note, as both cryptocurrencies experienced dips. However, analysts predicted an astronomical price pump for FXGuys ($FXG) in the coming months. What is the cause of SOL and ETH’s dip, and how will $FXG reach its predicted height? Stay tuned to find out! How Could FXGuys Be the Star of This Market Cycle? FXGuys is a first-of-its-kind Proprietary Finance (PropFi) protocol that brings the reliability of TradFi systems together with…
8 months ago
Wall Street Expert Points to 6,000% Bullish Target for this $0.03 Altcoin that Will Outperform Solana and Ethereum
Wall Street has been moving away from traditional stocks and investments to cryptos as digital assets take center stage. A new strategic analysis provided by investment specialists has revealed a new opportunity that can yield a high ROI, surpassing Solana (SOL) and Ethereum (ETH). Solana and Ethereum have been the most popular among the insiders, but now they are looking at this promising contender that can surge 6,000%. Is this the next big push in the crypto space or the…
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
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EthereumEthereum Proposal EIP-7781 Promises Network Performance Boost – Here’s What To Expect
Ethereum Improvement Proposal (EIP) 7781 aims to reduce Ethereum network slot times, expand blob capacity, enhance decentralized exchange (DEX) performance, and lower gas fees. What Is Ethereum Improvement Proposal – 7781? EIP-7781 has garnered attention from the Ethereum (ETH) community due to its potential impact on the smart contract platform. Proposed by Ben Adams, co-founder of Illyriad Games, the new EIP promises several benefits, including reducing network slot times from 12 seconds to eight seconds, resulting in a 33% increase…
8 months ago
Ethereum Price Dips Again: Is This a Buying Opportunity?
Ethereum price extended its increase above the $2,500 zone. ETH is now correcting gains and might find support near the $2,400 zone. Ethereum started a downside correction from the $2,520 zone. The price is trading below $2,450 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,400 support level to start another increase…
8 months ago
Ethereum Could Reclaim $2,700 As Key Data Signals Reduced Selling Pressure
Ethereum (ETH) currently trades approximately 11% below its local highs of around $2,730. Investors are optimistic about a potential price surge in the coming days, driven by encouraging on-chain data. Key metrics from Glassnode indicate a decline in ETH inflows into exchanges, suggesting that investors are holding onto their assets rather than selling. This trend typically points to increased accumulation and could foreshadow a bullish breakout. As the broader crypto market evolves, Ethereum investors remain vigilant, anticipating a bullish reclaim…
8 months ago