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
Toncoin Rally Above 4-Hour 100-Day SMA Puts TON On The Path To $7.6
Toncoin (TON) has gained significant upward momentum, recently breaking above the 100-day Simple Moving Average (SMA) on the 4-hour chart. This bullish move signals strong buying interest that could potentially put the crypto asset on the path to the $7.6 resistance level. The breakout above this key technical indicator suggests that the bulls are in control, setting the stage for a continued rally. This article analyzes Toncoin’s recent breakout above the 100-day SMA on the 4-hour chart, assesses market sentiment, and evaluates the…
10 months ago
Injective (INJ) Bounces Back: Investor Momentum Sparks 12% Rally
Injective starts the day with a bang as INJ, the platform’s native token gained over 12% in the past 24 hours. This can be attributed to the market’s surprising rally, complemented by a market cap that is up by over 6% after its dip earlier this week. The rally is also due to Injective’s recent achievements that spur some buzz within and outside their community. Investors might find some value on INJ as it continues to grow and innovate. Utila…
10 months ago
Analyst Predicts Potential 2000% XRP Rally, Rollblock See’s 100% Gains, RNDR Still Sluggish
Even after surviving the Black Monday crash, the overall crypto market is still experiencing instability. Despite the recent poor performance, analysts are projecting a massive rally for XRP, but they don’t have the same optimistic outlook for Render (RNDR). Meanwhile, Rollblock (RBLK) is quickly becoming a top altcoin, having rallied 100% despite the market turbulence. XRP (XRP) Finally Picks Up Momentum Despite the recent market dip, XRP’s price is up by 16.5% over the past 30 days. XRP is currently…
10 months ago
Analysts Remain Confident in $100K Bitcoin Price Prediction, SOL and CYBRO Also Expected to Rally 3000%
Predictions for a major surge in Bitcoin value are capturing attention. Experts are not only optimistic about Bitcoin reaching $100K but also foresee dramatic gains for SOL and CYBRO, possibly increasing by 3000%. These forecasts are stirring curiosity about which other cryptocurrencies might be poised for significant growth next. Stay tuned to explore the potential breakout stars in the crypto market. CYBRO Defies Market Headwinds, Empowering DeFi Investments with Smart AI Solutions CYBRO is revolutionizing the DeFi landscape by harnessing…
10 months ago
Altcoin special: Can $RENDER recover? Is the $TON rally finished?
Altcoins have been having their time in the sun. As Bitcoin (BTC) rallied 23% over the last three to four days, some of the altcoins also enjoyed big gains. Both $RENDER and $TON did very well recently, but both are facing their own particular challenges. $RENDER looked extinction in the eye One of the darlings of the last bull market, and arguably the same for the beginning of this one, $RENDER has since dumped extremely hard. Down 75% from its…
10 months ago
Ethereum Price Rises, Striving to Catch Up with Bitcoin’s Rally
Ethereum price gained pace for a move above the $2,550 resistance zone. ETH is now consolidating near $2,680 and eyeing more upsides above $2,750. Ethereum started a decent increase above the $2,450 and $2,550 levels. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if it clears the $2,720 resistance…
10 months ago
Bitcoin Price Reclaims $60K: Is The Rally Resuming?
Bitcoin price gained pace for a move above $58,000 and $60,000. BTC is up over 10% and is signaling more upsides in the near term. Bitcoin started a decent increase above the $56,500 and $58,250 levels. The price is trading above $60,000 and the 100 hourly Simple moving average. There is a connecting bullish trend line forming with support at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might eye more upsides above…
10 months ago
Solana (SOL) Jumps 39% From Crash Low, But Is This Rally Sustainable?
Solana has observed a sharp rally of 39% from the crash low. Here’s what the data says regarding whether this run can continue further or not. Solana Has Breached The $153 Mark After Recovery Continuation In Past Day A few days back, Solana crashed alongside the rest of the cryptocurrency market, dropping its price to a low of $110. Since this bottom, though, the asset has observed a sharp rebound, as it’s now back at the $153 mark. The chart…
10 months ago
Crypto News Today : Institutional Investors Fuel Crypto Rally; Bitcoin and XRP PriceSurge
The post Crypto News Today : Institutional Investors Fuel Crypto Rally; Bitcoin and XRP PriceSurge appeared first on Coinpedia Fintech News The total crypto market cap edged 2 percent higher towards $2.1 led by Bitcoin (BTC) and Ripple Labs-backed XRP. Following the heightened crypto volatility, more than $215 million was liquidated from the crypto industry in the last 24 hours, mostly involving long trades. According to the latest crypto data, Bitcoin price rallied nearly 4 percent in the past 24…
10 months ago