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…
Market
Bitcoin Momentum Indicators Are All Showing Death Cross: Say Hello To Bear Market?
Data shows three popular Bitcoin momentum indicators recently formed a death cross pattern. Here’s what usually follows this formation. Bitcoin Momentum Indicators Have Seen Bearish Crossovers Recently In a new CryptoQuant Quicktake post, an analyst has discussed the latest trend in three momentum indicators related to Bitcoin. The momentum indicators here refer to combinations of some important moving averages (MAs) related to the cryptocurrency. The first is the “Active Address Momentum,” which involves the 30-day and 365-day MAs of the…
9 months ago
Tags
MarketTags
MarketCould Mpeppe Challenge Pepecoin Market Cap at Launch? Analyst Data Predicts 100x
In the ever-evolving landscape of cryptocurrencies, the meme coin sector continues to be a hotbed of innovation and competition. Pepecoin (PEPE), once a dominant force in this space, has recently faced challenges that have opened the door for new contenders. Among these, Mpeppe (MPEPE) stands out as a potential game-changer, with analysts predicting it could rival or even surpass Pepecoin (PEPE)’s market cap at launch, with the potential for a 100x surge in value. Pepecoin’s Current Struggles Pepecoin (PEPE) has…
9 months ago
Crypto Leaders Eye QuickSwap’s Ethereum Mainnet Launch Amidst Market Volatility
QuickSwap persists as a beacon of innovation and reliability amid the collapse of Web3 projects globally. As the cryptocurrency world weathers a storm of uncertainty, with web3 projects collapsing under market pressures and scams — QuickSwap, the leading DeFi suite on Polygon, remains resilient as a beacon of innovation. Widely recognized for its hit web3 podcast "The Aggregated" on X, the exchange is now setting its sights on expanding to the Ethereum mainnet, a move that has caught the attention…
9 months ago
Unlock 5 Key Altcoins to Earning Big During Market Downturns
Ready to discover hidden gems in the crypto world that can weather market storms? This article reveals five standout altcoins poised for significant gains even when the market takes a dive. Explore these promising cryptocurrencies that show potential for resilience and growth, offering a strategic advantage during downturns. Avalanche (AVAX) Avalanche (AVAX) has demonstrated resilience, trading between $19.32 and $25.37, with monthly gains of over 11%. Though recent fluctuations showed a minor pullback of 7%, the market conditions indicate a…
9 months ago
Tags
MarketTags
MarketMemecoins $PEPE, $WIF, and $FLOKI still ready to surge when bull market returns
Memecoins have been hit hard over this long and grinding crypto correction. That said, $PEPE, $WIF, and $FLOKI are still well above their bull market support levels, and as soon as Bitcoin ($BTC) gives the green light, all can potentially surge much higher. $PEPE holding support beautifully Source: TradingView The $PEPE price is holding beautifully above the strong support at $0.00000590. The weekly time frame shows the stair steps for the $PEPE price, and it can be seen that price…
9 months ago
Helium Breaks Market Trend! HNT Price To Surge 25%?
The post Helium Breaks Market Trend! HNT Price To Surge 25%? appeared first on Coinpedia Fintech News Despite the increased negative trend in the crypto market, the Helium (HNT) token has defied all odds and surged 18.36% in the past 36 hours. This has resulted in this Solana-based altcoin coming under the limelight and radar of the investors. Further, this makes its long-term investors optimistic about its monthly price action. Planning on investing in this project but are filled with…
9 months ago
Bitcoin Hangs at $57K With 10% Weekly Drop, As Bears Grip the Crypto Market!
The post Bitcoin Hangs at $57K With 10% Weekly Drop, As Bears Grip the Crypto Market! appeared first on Coinpedia Fintech News The cryptocurrency market closed its trade for August on a bearish note, with a fall of 8.74%. The prolonged correction phase had led to the crypto market losing its $2 trillion valuation. Following this, Bitcoin price registered a drop of 10.82%. It is currently trading at a discount of 22.51% from its all-time high of $73,794. The altcoins…
9 months ago
Analysts Predict The Start Of Crypto’s First Ever Secular Bear Market
A new narrative is emerging among seasoned crypto analysts who are now forecasting the advent of the industry’s first ever secular bear market. This prediction suggests a sweeping transformation could be imminent, characterized by a prolonged downturn lasting potentially for years, diverging from the relatively short-term cycles typically associated with the crypto market. Crypto’s First Ever Secular Bear Market The conversation around this shift was sparked by a query to CrediBULL Crypto (@CredibleCrypto), a renowned crypto analyst with 417,000 followers…
9 months ago
Tron Memecoins Hype to End Soon as New Solana Memecoin Taking over the Market
The post Tron Memecoins Hype to End Soon as New Solana Memecoin Taking over the Market appeared first on Coinpedia Fintech News The much-anticipated Bull Run and altcoin season are looming on the horizon. The entire cryptocurrency market sits in a calm before the storm, with altcoins hovering at their lows, poised for explosive growth. Among the noise of memecoins, a remarkable shift appears to be underway. The talk of Tron memecoins potentially losing their steam is gaining traction. Now,…
9 months ago