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…
Rally
XRP Price To $8: Analyst Says Repeat Of 2017 Could Drive Rally
Crypto analyst Dark Defender has predicted that the XRP price could rise to $8 and explained what could spark such a parabolic rally for the crypto. As part of his bullish prediction, the crypto analyst also revealed what could lead to XRP rising to $18. XRP Price To Rise To $8 If Repeat Of 2017 Bull Run Occurs Dark Defender predicted in an X (formerly Twitter) post that XRP would rise to $8 if a repeat of the 2017 bull…
9 months ago
Solana Price Poised for 20% Rally, Here’s Why
The post Solana Price Poised for 20% Rally, Here’s Why appeared first on Coinpedia Fintech News Solana’s (SOL) price is set for a massive upside rally after facing significant selling pressure at its strong resistance level of $161. In the past few days, SOL has dropped by over 18% due to the overall bearish market sentiment and the recent price decline in Bitcoin (BTC). Trend Reversal Sign However, SOL’s daily chart has formed a bullish divergence, signaling a potential trend…
9 months ago
Is Bitcoin Cooling Off After ETF Rally? The Next 28 Days Could Determine Its Direction
The post Is Bitcoin Cooling Off After ETF Rally? The Next 28 Days Could Determine Its Direction appeared first on Coinpedia Fintech News The crypto market sentiment is at its lowest point in over a year, with Bitcoin still hovering around the $60,000 mark. Despite analysts searching for catalysts that could drive the price to new all-time highs, nothing seems to be working for Bitcoin at the moment. According to Miles Deutscher, Bitcoin has fallen below this range and is…
9 months ago
Tron (TRX) Rally Imminent? 55.8% of Top Traders Go Long
The post Tron (TRX) Rally Imminent? 55.8% of Top Traders Go Long appeared first on Coinpedia Fintech News Despite Tron’s (TRX) decline of over 10% in the past week, top traders’ long positions and interest suggest that the price is poised for an upside move. Along with all the major cryptocurrencies, TRX has experienced a price drop of over 1.8% in the last 24 hours. Bullish Outlook For TRX The on-chain analytic firm CoinGlass’s TRX Long/Short ratio chart signals a…
9 months ago
Bitcoin Rally or Final Capitulation? Top Analyst Reveals Key Scenarios To Watch
The post Bitcoin Rally or Final Capitulation? Top Analyst Reveals Key Scenarios To Watch appeared first on Coinpedia Fintech News Bitcoin began this week with plenty of ups and downs, currently hovering around $59,000 with a slight 1% increase. Historically, September has been a challenging month for Bitcoin, often showing mostly negative returns. Prominent crypto analyst Titan of Crypto suggests that Bitcoin could either be on the verge of a major rally or facing a final capitulation before a potential…
9 months ago
Will Dogecoin Price Rally 32%? Bullish Divergence Suggests Big Move
The post Will Dogecoin Price Rally 32%? Bullish Divergence Suggests Big Move appeared first on Coinpedia Fintech News Dogecoin (DOGE), the world’s biggest meme coin with a market cap of over $13.35 billion is poised for a significant upside rally. On a daily chart, DOGE is flashing a bullish divergence in the Relative Strength Index (RSI), indicating a potential trend reversal from a downtrend to an uptrend. Bullish Divergence in Dogecoin Since the beginning of August 2024, DOGE has been…
9 months ago
TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading
The post TON Down 10%; TRX Continues Rally; Intel Markets Kicks of ICO, Preparing to Reshape Crypto Trading appeared first on Coinpedia Fintech News The crypto market took another sudden turn as Bitcoin (BTC) tumbled below $60,000. Toncoin (TON) swung low and down by over 10%, despite Pavel Durov’s release from custody. Meanwhile, TRON (TRX) maintains traction, oblivious to larger bearish sentiment. At the same time, a new player has stolen the spotlight, aiming to reshape crypto trading: Intel Markets…
9 months ago
XRP Price Analysis: Is $0.60 a Launchpad for the Next Big Rally?
The post XRP Price Analysis: Is $0.60 a Launchpad for the Next Big Rally? appeared first on Coinpedia Fintech News XRP is currently trading below $0.60, finding itself in a tight range with key support and resistance levels in play. This article explores what could happen next with the price, focusing on technical indicators and market sentiment. The coin is consolidating below $0.60, testing critical levels. Resistance at $0.570 could prevent further upward movement for this pair. Key technical indicators…
9 months ago
Crypto Price Today: Litecoin (LTC) Price Eyes 15% Jump Amid Breakout Rally?
The post Crypto Price Today: Litecoin (LTC) Price Eyes 15% Jump Amid Breakout Rally? appeared first on Coinpedia Fintech News With a drop of approximately 1% today, the price of Bitcoin is hovering close to its $59,000 mark. This indicates an increase in the bearish sentiment in the crypto space. Following this, top altcoins have recorded a similar price action. On the other hand, the Litecoin price has jumped 4.89% during this time. This has resulted in this altcoin securing…
9 months ago