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
Trading Veteran Who Bought Dogecoin Early Claims This $0.03 AI Altcoin is Poised for a 4,355% Rally
A seasoned trader known for his early Dogecoin investment is now turning heads with a bold prediction. He identifies a lesser-known AI cryptocurrency, currently cheap at $0.03, as the next big thing. With a staggering forecast of a 4,355% surge, this claim has piqued curiosity. Discover the potential breakout coins sparking interest in the crypto world. CYBRO Presale Advances as Demand for AI-based Tokens Surges The CYBRO presale has rapidly advanced to its fifth stage, amassing over $1.6 million. This…
10 months ago
Fantom (FTM) Poised For Massive Bull Run, Analyst’s 234% Rally Prediction Raises Eyebrows
Fantom (FTM) might be up for a huge price breakout shortly after an analyst – Javon Marks – made public his prognosis of the altcoin. Posting in X, Marks attributed this to the formation of a Hidden Bullish Divergence in the FTM chart. According to the analyst, this has the potential to cause a significant rebound in the token, including a 234% upside. At the time of writing, FTM was trading at $0.3278, down 6.7% in the last 24 hours,…
10 months ago
Ethereum (ETH) rally is taking shape
Even given the launch of the Spot Ethereum ETFs, there has been a lot of negativity around the number 2 cryptocurrency by market capitalisation. Will this current rally continue and prove the doubters wrong? $ETH needs to overcome resistance Source: TradingView Looking at the short term 4-hourly chart, it can be observed that the $ETH price has broken the downward trend line, retested, and is meandering sideways. The price nearly got down to the 0.382 fibonacci, so if this bounce…
10 months ago
Bitcoin Price Trims Gains: Is the Rally Losing Steam?
Bitcoin price started a downside correction from the $62,700 resistance zone. BTC is now consolidating near $58,500 and struggling to recover. Bitcoin started a decent downward move below the $61,500 and $60,000 levels. The price is trading below $60,000 and the 100 hourly Simple moving average. There was a break below a key bullish trend line with support at $61,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might decline further if it trades…
10 months ago
Bitcoin To Rally To $250,000 If This Condition Is Met, Analyst Says
The price of Bitcoin has shown no significant movement in the last day rising by only 0.78% according to data from CoinMarketCap. Following a widescale crash in the global financial markets, the crypto market leader pulled off a strong recovery in the past week, gaining by 16% to reach a peak of $62,000. As Bitcoin currently retains a sideways movement, crypto analyst Michaël van de Poppe has revealed a likely condition for the token’s next bullish run. Bitcoin Poised For…
10 months ago
X Payments For DOGE Could Spark 5000% Rally But Analysts Feel Better Bet Is Revenue Sharing Rollblock and KAS
Dogecoin (DOGE) and Elon Musk are making headlines as speculation mounts that it could be the currency used on X. However, analysts believe this is a long shot and that investors are better off with safe bets like Kaspa (KAS) or Rollblock (RBLK). Rollblock, in particular, just got pegged as the top altcoin of 2024 with 100x returns expected. Dogecoin and Musk Team Up on X: A Dream Or Future Reality? The Dogecoin price was up 10% in 24 hours…
10 months ago
Cronos Surprises With 12% Uptick – Can Investors Sustain The Rally?
Cronos is currently riding the bullish wave, seeing significant gains despite the momentum of the general market slowing down. According to Coingecko, the token is up more than 12% since last week, going against the grain of the general market momentum. This week, Cronos has spurred investor interest as it creates momentum for its upcoming Cronos zkEVM mainnet alpha launch on August 15th. Cronos zkEVM Set To Launch With Major Partners The official Cronos X account has announced that the…
10 months ago
Is Bitcoin Headed For A Rally Or Ruin? This Key Price Point Could Decide
Although Bitcoin has seen a noticeable rebound following its negative price performance on the red Monday witnessed this week, the asset now appears to be at a critical juncture, according to prominent crypto analyst Benjamin Cowen. Cowen disclosed in a series of posts on X that Bitcoin faces what traders call a “death cross”—a technical chart pattern that could signal either a potential recovery or further losses. However, BTC’s only ability to avoid the further plunge hinges on a notable key…
10 months ago
Cronos (CRO) Price Breakout Rally Hints At A 40% Upside?
The post Cronos (CRO) Price Breakout Rally Hints At A 40% Upside? appeared first on Coinpedia Fintech News Amid increased price volatility in the crypto space, Ethereum price has reclaimed the $2.7K tag. With this, top altcoins have breached their respective resistance levels and have recorded a significant uptrend with some tokens experiencing a surge of over 30% within the past 24 hours. Furthermore, with a surge of approximately 16%, the Ethereum-based Cronos token has secured a spot in the…
10 months ago