Rally

While the debut of Spot Ethereum ETFs made headlines, a closer look reveals that the real winners are a select number of altcoins, including ETFSwap (ETFS), Binance Coin (BNB), and Cardano (ADA). These altcoins have emerged as potential beneficiaries of the Spot Ethereum ETF hype and are constantly attracting a new generation of investors to their innovative platforms. ETFSwap (ETFS) Makes Altcoins The Real Winners With Spot Ethereum ETFs expecting full approval in September, the demand for trading platforms like…

Currently, the price of Solana has been showing resilience amid market volatility. This recent performance of SOL has raised rally optimism among market participants as to whether the digital asset’s price could potentially reach the $160 mark in the upcoming days. Particularly, this article aims to provide technical insight on recent price performance and technical indicators that suggest the potential for the crypto asset to hit $160 focusing on the 4-hour and the 1-day chart.  At the time of writing,…

The decentralized oracle network ChainLink and its native token, LINK, have staged a price recovery amid the broader cryptocurrency market’s bounce from a recent significant correction.  Despite experiencing a 16% price retracement over the past month, LINK has regained its stronghold, rising 5% to $13 in the past 24 hours after hitting a six-month low of $11 on Friday. Still, cautionary signals have emerged that caught the attention of crypto expert Ali Martinez.  Bearish Signals For ChainLink  In a recent…

Dark Defender predicts a significant XRP rally based on historical price movements and technical analysis. The Ichimoku Cloud indicator and RSI trends may confirm XRP’s bullish breakout. After reclaiming a critical support level of $0.40, the XRP price is showing signs of a slow rebound. According to its price structure, the token’s next key goal is to retain its bullish foundation by staying above the $0.425 mark. Today, prominent crypto analyst and trader Dark Defender revealed his technical analysis of…

The post Altcoins Stage Recovery Rally As Bitcoin Eyes $55000 Levels appeared first on Coinpedia Fintech News Bitcoin has now dropped below a crucial level, potentially signaling a prolonged period of market volatility. On Crypto Banter’s Dylans Trading Show, the analyst said that while Bitcoin has drifted to the red zone, altcoins are starting to catch up. Here’s a breakdown of his analysis:  Altcoin Analysis: Discussing various altcoins, the analyst noted their recent performance, including gains and pullbacks. He also…

The post Bitcoin, Ethereum, And XRP Price Prediction: Has The Bull Rally Resumed? appeared first on Coinpedia Fintech News The cryptocurrency market has displayed a bullish recovery after trading under a bearish sentiment for four consecutive days. Moreover, the market leader BTC price has recorded a jump of 4.38% within the past day with a trading volume of $36.70 Billion, a change of -27.89%. Following this, the altcoin leader, Ethereum Price, has recorded a similar trend by successfully reclaiming the…

The post What Will Propel Crypto Market Rally in 2024-2025? appeared first on Coinpedia Fintech News In a downtrend, Crypto analyst Wise Advise in his X post has highlighted a significant event that he believes will be the most substantial bullish catalyst for the crypto market in 2024-25. While discussions often center around potential impacts from Trump’s victory in presidential elections, highly anticipated Federal Reserve rate cuts, and new FASB regulations, he argues that a different factor will positively influence…

The post Shiba Inu Price Slumps, But Can THESE Updates Spark a 10x Rally? appeared first on Coinpedia Fintech News After a significant crypto market plunge, Shiba Inu’s price has taken a sharp nosedive, declining for three consecutive days to a low of $0.00001271. This marks its lowest point since March 1st, and represents a staggering 70% drop from its peak this year. In comparison, major cryptocurrencies like Bitcoin and Ethereum have fared better. Here’s the surprising twist: some analysts…

The cryptocurrency market continues to navigate choppy waters, with many digital assets experiencing significant price drops. However, XRP seems to be charting a different course. While the broader market sentiment remains cautious, large investors, often referred to as “whales,” have been quietly accumulating XRP. This bullish behavior by whales, coupled with positive technical indicators, has some analysts predicting a potential surge for XRP in the coming months. XRP Whales Dive Deep: A Sign Of Confidence Or Opportunism? According to data…