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 Soars 20% Then Corrects: Is Another Rally on the Horizon?
XRP price gained bullish momentum above the $0.50 resistance zone. The price is consolidating gains and might aim for another move above the $0.5450 resistance zone. XRP price gained over 20% in a few days and broke the $0.500 zone. The price is now trading above $0.5050 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $0.520 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could extend…
11 months ago
How Will Crypto Markets React to US Policy Changes? Clandeno ICO Expected to 25X Amid Bitcoin Cash (BCH) Rally
Meta description: Increased regulation makes crypto usage more transparent, opening the door to mainstream adoption. While coins like Bitcoin Cash (BCH) bounce from lows, Clandeno (CLD) offers a bigger upside with a potential 25X growth.TL;DR: ● Top economies are adding new approaches to crypto regulations ● Bitcoin Cash (BCH) extends its reputation for easy onboarding of small-scale users ● Clandeno (CLD) offers smooth onboarding with a revenue sharing program and transparent global e-commerce Markets React to Stricter Regulations Major economies…
11 months ago
Chainlink (LINK) and Bitcoin (BTC) Tumble as Analysts Tip Clandeno (CLD) for 100X Rally; Initial Coin Offering Now Live
Bitcoin (BTC) and Chainlink (LINK) are facing bearish trends. Bitcoin’s price plunge might be influenced by the upcoming Bitcoin Conference 2024. Former President Donald Trump is scheduled to speak at the Bitcoin Conference 2024, adding to market uncertainty. Clandeno (CLD) is gaining attention as analysts predict a 100X rally. Clandeno’s ICO launch is attracting major investors with its decentralized e-commerce platform. The cryptocurrency market is experiencing significant price dumps on all crypto asset classes, with Bitcoin (BTC) and Chainlink (LINK)…
11 months ago
Analysts Forecast a Massive Rally for Celestia’s TIA Token: An Overview
The TIA token shows strong utility in network security, governance, and data validation. The anticipated altcoin rally driven by Ethereum ETF approval could significantly boost TIAUSD. Houseofcryptokings, a renowned crypto analyst on TradingView, has hinted at a probable surge for the Celestia token (TIA). TIAUSD has shown promising utility within its ecosystem, notably servicing network security through staking, engaging in governance choices, and rewarding data availability and validation. Furthermore, TIA manages transaction fees and awards, ensuring that participants are rewarded…
11 months ago
Dogecoin Sees 868% Spike In Whale Buys, Bulls Ready For Breakout Rally
Dogecoin (DOGE) whales are gearing up for a bullish reversal for the foremost meme coin. On-chain data shows that these whales have regained their confidence in Dogecoin and are accumulating more DOGE ahead of a potential rally for the meme coin. Dogecoin Whale Accumulation Spikes By 868% Data from the on-chain analytics platform IntoTheBlock shows that Dogecoin whales bought 364.38 million DOGE on July 10, representing an 868% surge from the previous day when these large holders offloaded 37.05 million…
11 months ago
Solana Price Prediction: Here’s What’s Next for the SOL Price Rally!
The post Solana Price Prediction: Here’s What’s Next for the SOL Price Rally! appeared first on Coinpedia Fintech News The short-term price action of Solana has become extremely uncertain as the buying and selling pressure has exhibited a similar intensity. This has caused the price to be stuck within a range, which is one of the pivotal levels. While bulls are failing to lift the levels above the range, they are also offering a strong base, preventing the rally from…
11 months ago
Chainlink Investors In Accumulation Mode – LINK Price Primed For A Rally?
The price of Chainlink has mostly struggled in the past few weeks, mirroring the stagnant condition of the general market. Interestingly, investors seem motivated to keep faith in the altcoin rather than be discouraged by the sluggish price action observed in recent weeks. According to the latest on-chain revelation, investors appear to be shifting to a long-term holding strategy, with a focus on the future promise of the Chainlink token. This leaves the question — could the LINK price be…
11 months ago
Institutions Grab Over $5 Billion Bitcoin in a Week: Are They Predicting a Mega Rally?
A recent analysis from CryptoQuant has revealed that institutional investors have shown a notable level of activity in the Bitcoin market, snapping up a substantial 100,000 BTC over just one week. Particularly, in the past month, these entities with wallets holding 1,000 to 10,000 BTC have shown massive inflow levels that effectively match what was seen during March when US-based exchange-traded fund (ETF) introductions were at their peak. This purchase surge is particularly noteworthy when Bitcoin prices saw a significant…
11 months ago
Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally
Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors speculating about the launch’s impact on ETH’s performance. Renowned investor Daan Crypto Trades believes the news about the S-1 form approval won’t affect Ethereum’s price.…
11 months ago