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Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price surge similar to a pattern witnessed in 2023. Key Level To Watch For A Rally To $8,100? According to Marks, Ethereum is poised to replicate…

Dogecoin started a fresh decline from the $0.1085 resistance against the US Dollar. DOGE is struggling and might soon test the $0.0980 support. DOGE price is gaining bearish momentum below $0.1035. The price is trading below the $0.1020 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1050 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses and revisit the key support at…

Currently, some of the biggest Floki (FLOKI) investors—commonly referred to as “whales”—are turning their attention to a brand-new AI-powered project: GoodEgg (GEGG). With the GoodEgg ICO currently priced at $0.00015, Floki (FLOKI) whales are rushing to invest before prices skyrocket. Here’s why these seasoned investors are flocking to GoodEgg (GEGG) and why you might want to consider following their lead. FLOKI’s Current Status Floki (FLOKI), a meme coin inspired by the popular Shiba Inu trend, has maintained its position as…

After a recent breakout, PEPE has experienced a notable drop as it moves to retest crucial support levels. This retest is crucial for the cryptocurrency, as it will determine whether the bullish momentum can continue or if the price will struggle to hold above this level. The aim of this article is to analyze PEPE’s recent price action as it drops to retest critical support at $0.00000766 following a breakout. It will examine whether this support level can hold and…

The crypto market has recently seen some ups and downs, with Bitcoin facing many fluctuations. According to a recent post by a CryptoQuant analyst known as ‘Kripto Mevsimi,’ the Bitcoin Market Value to Realized Value (MVRV) ratio has dipped below its 365-day moving average. This specific indicator often identifies potential market bottoms and zones where recovery could begin. While the drop in MVRV could suggest an “opportunity for long-term investors,” the analyst warns that caution is needed. Bitcoin Will Recover…

Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum’s current funding rates. The analyst pointed out that similar patterns in the past have been followed by substantial price increases, suggesting that Ethereum might be on the verge of a new surge. Calm Before The Storm? Funding rates are a key future market metric, indicating the balance between long and short positions. When…

Dogecoin (DOGE), the leading meme coin in the crypto sphere, witnessed a notable uptick on Thursday, propelled by the influential backing of Tesla and SpaceX tycoon Elon Musk, a longstanding advocate of the digital asset.  Musk once again showcased his support for Dogecoin through a cleverly crafted social media post, triggering a surge in the token’s value and stirring reactions across the cryptocurrency community. Elon Musk’s DOGE Humor Boosts Price, Michael Saylor Chimes In In a characteristic move on Thursday,…

The post Bitcoin Price Prediction: Key Levels, Upcoming Movements And Trends Explained appeared first on Coinpedia Fintech News A slowdown in Bitcoin’s bullish momentum is expected in the coming days. Bitcoin is retesting a critical area on its price chart and recently, it confirmed a breakout, which provided some short-term bullish momentum. According to analyst Josh of Crypto World, Bitcoin remains within a larger bearish trend. However, there has been a short-term bounce from a key support level around $52,500.…

Industry analysts are abuzz with forecasts for select altcoins set to surge in the coming months. These digital currencies are capturing attention due to their strong potential for growth in Q4. Investors and enthusiasts will find out which promising coins are on the radar for major gains. MANTRA (OM) MANTRA (OM) is currently trading between $0.81 and $0.99, showing resilience despite some short-term weaknesses. While price movement has been relatively flat over the past week, the coin's impressive 200% gain…