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
Analysts Says Cardano Has Bottomed And Will Rally To $0.8, But It Must Hold This Level
A crypto analyst has uncovered a new technical pattern in the Cardano price movements, signaling the potential for a substantial rebound. Echoing this optimism, another analyst has affirmed that Cardano may have hit its bottom and could be on the verge of rebounding to $0.8. Analyst Declares Cardano’s Price Bottom In an X (formerly Twitter) post on June 29, Captain Faibik, a crypto analyst, shared insights on Cardano’s price action and future outlook. According to the analyst, Cardano’s native token,…
12 months ago
Solana (SOL) Memecoin Hits Bottom, AI Altcoin Fetch.ai (FET) Ready to Rally
Bluntz suggests Solana-based memecoin WIF may have reached a new bottom following a substantial correction from its peak at $4.83. Based on Elliott Wave’s theory, his analysis indicates a potential trend reversal and a possible rally above $3. Another memecoin on the radar is Fetch.ai, as the commencement of the Artificial SuperIntelligence Alliance (ASI) merger involves Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). Renowned for accurate altcoin predictions, pseudonymous analyst Bluntz recently alerted his 263,800 followers on X about…
12 months ago
ChatGPT Predicts Bitcoin Q3 Price Rally – Which Altcoins To Buy Before It Starts?
The post ChatGPT Predicts Bitcoin Q3 Price Rally – Which Altcoins To Buy Before It Starts? appeared first on Coinpedia Fintech News The Bull Run and altcoin season are on the horizon, just a heartbeat away from igniting. The general market sentiment remains calm yet expectant, with Bitcoin poised for a significant Q3 price rally according to ChatGPT. Altcoins are still trading at low levels, presenting a prime opportunity for investors. The market environment suggests that these under-the-radar assets might…
12 months ago
XRP Price Set To Surge: Breaking This Resistance Could Trigger a Rally
XRP price is attempting to recover above the $0.4750 resistance zone. The price could gain bullish momentum if it settles above the $0.480 resistance zone. XRP price is still struggling to gain pace for a move above the $0.4800 resistance zone. The price is now trading above $0.4750 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $0.4735 on the hourly chart of the XRP/USD pair (data source from Kraken). The…
12 months ago
Whale Transactions Spike For Bitcoin, Ethereum And Dogecoin, Will The Rally Continue?
The post Whale Transactions Spike For Bitcoin, Ethereum And Dogecoin, Will The Rally Continue? appeared first on Coinpedia Fintech News Recently, there was a spike in whale transactions in the crypto industry, increasing the crypto market capitalization, and top assets like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) began to record steady gains. Further, the spike in whale transactions also affected an ETF token ETFswap (ETFS) as whales rushed in to buy it in its ongoing presale. Let’s discuss the…
12 months ago
Ethereum DeFi Follows Triangle Formation That Hints At 800% Rally For AAVE, RCOF, and MKR
The Ethereum DeFi sector is witnessing a significant technical pattern—an ascending triangle formation—that indicates a potential 800% rally for prominent DeFi tokens such as Aave (AAVE), RCO Finance (RCOF), and Maker (MKR). As the crypto market buzzes with anticipation, it is essential to understand the unique value propositions of these tokens and why RCO Finance (RCOF) stands out as the top choice for savvy investors. RCO Finance AI-Powered DeFi Revolution RCO Finance (RCOF) is an ERC-20 DeFi token making a…
12 months ago
What to Expect from the Memecoins in the H2 2024? Will DOGE & SHIB Lead the Rally or the PEPE or WIF Maintain Dominance?
The post What to Expect from the Memecoins in the H2 2024? Will DOGE & SHIB Lead the Rally or the PEPE or WIF Maintain Dominance? appeared first on Coinpedia Fintech News Ever since the crypto markets gained strength and triggered a healthy upswing, the memecoins have ranged within no time. Of all the tokens, WIF, FLOKI, and BOME prices have been displaying acute strength, while PEPE and BONK follow the trend. On the other hand, Dogecoin (DOGE) & Shiba…
12 months ago
XRP Year-Long Curse Broken? Analyst Bullish On Crypto’s 240% Rally
The cryptocurrency market has been a rollercoaster ride in 2024, with many tokens experiencing significant losses. However, amidst the chaos, XRP, the native token of Ripple, has stood out as a beacon of stability. While not immune to the overall market dip, XRP has remained relatively range-bound, minimizing losses and sparking renewed optimism among analysts and investors alike. Stability Breeds Bullish Sentiment While Bitcoin and Ethereum have taken significant hits this year, XRP has displayed remarkable resilience. This stability is…
12 months ago
Shiba Inu Coin Set for EPIC Comeback! Top Trader Predicts Bull Rally to 2021 Highs
The post Shiba Inu Coin Set for EPIC Comeback! Top Trader Predicts Bull Rally to 2021 Highs appeared first on Coinpedia Fintech News June wasn’t kind to SHIB, with its price experiencing its worst beating since May 2022. By month’s end, SHIB was down over 33%, settling at $0.000017, leaving many wondering: is this the end of the Shiba Inu rally, or a fire sale for future gains? Despite this steep decline, top crypto trader Daink is predicting an imminent…
12 months ago