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 10-2 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, DOGECOIN: DOGE, RIPPLE: XRP, RENDER: RNDR, DOGWIFHAT: WIF
Bitcoin (BTC) fell as low as $60,300 earlier today due to escalating tensions in the Middle East that have spooked the crypto and traditional markets. The world’s largest cryptocurrency is down almost 4% in the past 24 hours following Iran’s attack on Israel. The drop to $60,000 means that BTC has given up almost all the gains made following the Federal Reserve’s announcement of a rate cut. Almost all major cryptocurrencies, including Solana (SOL), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE),…
8 months ago
Crypto Price Analysis: What Ethereum and GoodEgg Will Be Priced If Bitcoin Hits $77,000 Before October 2024 End
As Bitcoin steadily rises, breaking key resistance levels, many analysts are looking ahead to a potential price target of $77,000 by the end of October 2024. The question on many minds is: how will this surge impact other key cryptocurrencies, particularly Ethereum (ETH) and the AI-powered meme token GoodEgg (GEGG)? The historic patterns of cryptocurrency market behavior suggest that significant price movements in Bitcoin (BTC) often lead to broader rallies in other assets, particularly altcoins. Ethereum, as the second-largest cryptocurrency…
8 months ago
Ethereum Price Extends Losses: Is The Downtrend Set to Continue?
Ethereum price is gaining pace below the $2,550 resistance. ETH is now trading above $2,500, but it might struggle to recover above $2,550. Ethereum started a downside correction below the $2,550 zone. The price is trading below $2,520 and the 100-hourly Simple Moving Average. There is a short-term consolidation pattern forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,420 support to start a fresh increase in the…
8 months ago
Qubetics Unveils Seamless Integration for Bitcoin, Ethereum, and Solana
If you've ever tried moving assets between blockchains, you've likely faced the frustration of managing multiple wallets, platforms, and third-party services. The lack of interoperability between networks like Bitcoin, Ethereum, and Solana results in higher fees, slower transactions, and unnecessary complexity. This is a significant issue that limits blockchain's full potential. Qubetics $(TICS) provides a solution by offering a Web3 Aggregated Chain that enables smooth, fast, cost-effective cross-chain transactions. The Qubetics $(TICS) presale has officially entered Stage One, presenting an…
8 months ago
Traders Pick BlockDAG as Best Crypto to Buy in 2024 Amid Surging Ethereum Market Cap & Solana Prices
Solana and Ethereum investors remain hopeful that positive sentiment will boost prices, especially with Ethereum's market cap showing strength. But as the market returns to growth, newer projects with high potential are pulling ahead. BlockDAG, a layer 1 network with a cutting-edge ecosystem, has been a standout. While Solana grapples with the aftermath of its crash, BlockDAG is cruising through its presale batches, surpassing market leaders in inflows and interest with its future-ready network. The project has raised over $77.5…
8 months ago
Crypto Whale Who Bought Ethereum at $10 and Sold at $4,800 Is Investing Heavily in This Token Below $0.08
Life-changing investments are often found in the most volatile of markets, which in this case is the cryptocurrency market. One of the well-known crypto whales purchased Ethereum at the ridiculous price of $10, only to sell it at a whopping $4800 later on. Many have been captivated by this whale, particularly his investment techniques and market grasp, as they now seek to focus on a new token ranger, Rexas Finance (RXS), that is presently trading at less than 0.08 dollars.…
8 months ago
Ethereum Struggles To Reach Higher Highs Unlike BTC: Key Levels ETH Must Break
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently lagged behind other top tokens, posting losses on both a 24-hour and weekly basis. Despite this downturn, some analysts believe that if Ethereum can overcome critical resistance levels in the near future, it may follow seasonal trends typically seen in “Uptober,” potentially leading to a price recovery. Ethereum Struggles To Break $2,800 Resistance Technical analyst Daan Crypto Trades recently pointed out that Ethereum has yet to make a higher high,…
8 months ago
Crypto Price Analysis 10-1 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, TONCOIN: TON, SHIBA INU: SHIB, INJECTIVE: INJ
Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world’s largest cryptocurrency and an increase in spot Bitcoin ETF inflows. Major altcoins also faced considerable turbulence, with Ethereum (ETH), Solana (SOL), and Ripple (XRP) experiencing significant volatility. However, SUI and Bittensor (TAO) emerged as top gainers, defying broader market sentiments. The crypto market cap also declined, dropping by almost 1% to $2.25 trillion. Altcoins…
8 months ago
Ethereum Price Battles to Hold Strength: Will Bulls Prevail?
Ethereum price is correcting gains below the $2,650 resistance. ETH is now trading near the $2,600 support and might face many hurdles. Ethereum started a downside correction below the $2,650 zone. The price is trading below $2,620 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,550 support to start a fresh increase in the…
8 months ago