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…
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Shiba Inu’s Open Interest Spikes 13%, Analyst Foresees 500% Rally
The post Shiba Inu’s Open Interest Spikes 13%, Analyst Foresees 500% Rally appeared first on Coinpedia Fintech News Amid the ongoing challenges in the cryptocurrency landscape, an analyst has shared a bullish outlook for Shiba Inu (SHIB). In a post on X (previously Twitter), the analyst noted that SHIB is on the verge of breaking out of a massive bullish falling wedge price action pattern on a daily time frame. Shiba Inu Near Breakout This breakout could potentially lead to…
10 months ago
Veteran Trader Who Bought Dogecoin Early Says This Ethereum Token Is Headed For A 9,000% Rally
The post Veteran Trader Who Bought Dogecoin Early Says This Ethereum Token Is Headed For A 9,000% Rally appeared first on Coinpedia Fintech News A famous veteran trader who made $6 million in profits buying Dogecoin (DOGE) early in 2020 is igniting massive FOMO in the crypto community as he touts the ETFSwap (ETFS) DeFi token selling at $0.01831 in its viral ICO to rally 9,000% as the crypto summer approaches. Dogecoin (DOGE) Falls Behind ETFSwap (ETFS) In Profitability Rankings…
10 months ago
Cryptocurrency: The 3 Altcoins You Must Have in Your Portfolio Before Q4 2024 Rally
As the cryptocurrency market approaches Q4, investors are on the lookout for altcoins primed for significant gains. With analysts already predicting a steep climb, it's crucial to position your portfolio with assets that have both solid fundamentals and promising upside potential. Here are the three altcoins you must consider adding to your portfolio before the Q4 rally, according to experts. Solana (SOL) Solana’s rapid adoption and growing ecosystem make it a strong pick for long-term growth. Despite facing challenges during…
10 months ago
Is XRP on the Brink of a 50,000% Rally? Signs Point to Yes, Says Top Analyst
XRP, being one of the worst year-to-date performers among the top 10 largest crypto by market cap, now appears to be on the verge of a historical rally, according to renowned crypto analyst Javon Marks. According to Marks, XRP’s latest price action suggests a major turn in its trajectory, reminiscent of its monumental rise observed from 2016 to 2017. XRP: Dissecting The 50,000% Rally Outlook Javon Marks, in a post on X earlier today, highlighted potential signs of a major bullish surge…
10 months ago
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RallyWhat Does the Future Offer For PEPU & MPEPE Will They Rally 1000%?
Two memecoins are currently capturing the spotlight: Pepe Unchained (PEPU) and Mpeppe (MPEPE). Both are riding high on the waves of meme culture and innovative features, and market watchers are eager to know whether they will experience a meteoric rise, potentially rallying by 1000%. Here’s a closer look at what the future might hold for these promising tokens. Pepe Unchained (PEPU): A Nostalgic Revival with a Modern Twist A Memecoin with a Mission Pepe Unchained (PEPU) is not just another…
10 months ago
Is FTM Price Rally Running Out of Steam Before a 140% Surge?
The post Is FTM Price Rally Running Out of Steam Before a 140% Surge? appeared first on Coinpedia Fintech News With a wipe of $174M in long positions in the crypto market, the bulls are on the back foot, increasing stress levels. Amid this, the altcoin bazaar takes a varied stance, with DeFi tokens resurfacing while memes and other altcoins take a hit. Staying on the greener side, the FTM price bull cycle’s rising momentum teases a breakout run. Will…
10 months ago
Crucial Bullish Signal For Bitcoin Flashes For First Time Since 2023, Analyst Forecasts Major Rally
Bitcoin (BTC) is showing strong signs of an imminent price surge, according to top market analysts, who point to a confluence of bullish factors in the cryptocurrency’s favor. However, after hitting a 6-month low of $49,000 on August 5, BTC has hovered between $58,000 and $60,500 for the past week. However, the dip below all-time highs of $73,7000 reached in March of this year may be short-lived, as evidence mounts that the market’s largest digital asset is poised for a…
10 months ago
Dogecoin Whales Go Crazy For this $0.034 Ethereum Token Expecting 2,640% Rally in 22 Days
The post Dogecoin Whales Go Crazy For this $0.034 Ethereum Token Expecting 2,640% Rally in 22 Days appeared first on Coinpedia Fintech News The crypto market is buzzing with the RCO Finance (RCOF) presale, which has captured the attention of Dogecoin (DOGE) whales. This Ethereum token offers the potential for a staggering 2,640% rally in just 22 days, luring investors seeking high returns beyond the Dogecoin ecosystem. Let’s explore why this new crypto token is a must-have for Q3. RCO…
10 months ago
Ethereum Poised for 20% Rally Following Buying Pressure from ETF Investors, While MoonTaurus Gains Momentum
Following weeks of range-bound movement, Ethereum (ETH) is finally poised for a breakout, with technical analysts predicting a 20% rally fueled by strong buying pressure from ETF investors. Data by CoinShares shows that Ethereum ETFs globally have experienced a net inflow of $155 million over the past week as traditional investors took advantage of the dip to buy at a discount. While Ethereum shines as a ray of hope for investors, the new meme coin MoonTaurus (MNTR) continues to build…
10 months ago