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…
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Bitcoin Bounces Back Above $62,000: Can It Sustain the Rally?
After hitting a six-week low on Monday at around $58,400, Bitcoin bounced back above $62,000, with its RSI flashing oversold and hitting its lowest in over a year. Some, like Robert Kiyosaki, have urged investors to HODL, while other analysts believe that if Bitcoin holds above $62,000, bulls will come in and push it to $63,500 by the end of the week. After a disastrous start to the week, Bitcoin recovered Tuesday and reclaimed the $62,000 level. Analysts predicted that…
12 months ago
Ripple Sells 250m XRP From Reserve, Price Dump Incoming? Raboo Surges As Ondo’s Rally Frazzles
Ripple is still trading under, no thanks to the elongated battle with the SEC. The platform was predicted to be quite stagnant as long as users were waiting on decisions from the SEC, and it’s pretty obvious Ripple (XRP) hasn’t added much weight since then. There’s also ONDO whose token rally is delayed time and again. But among the new meme projects, we have one token to free users from the sideways trading all around. Raboo’s presale is offering one…
12 months ago
Algotech Community Celebrates as Presale Reaches Bonus Round, Outshines Fantom Rally and SUI Blockchain Innovations
The post Algotech Community Celebrates as Presale Reaches Bonus Round, Outshines Fantom Rally and SUI Blockchain Innovations appeared first on Coinpedia Fintech News The crypto market is witnessing an exciting phase, marked by notable rallies and emerging innovations. Recent highlights include the impressive rally of Fantom (FTM) and the innovative advancements by SUI Blockchain (SUI). However, Algotech (ALGT) has managed to outshine these significant achievements by reaching its presale bonus round, drawing substantial attention and acclaim from the community. In…
12 months ago
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RallyTop Solana-based Memecoins For 2X Rally In July!
The post Top Solana-based Memecoins For 2X Rally In July! appeared first on Coinpedia Fintech News The Solana price has displayed increased price volatility in its chart since the week started, indicating an increase in the buying and selling pressure for the altcoin in the crypto market. With this, top Solana-based memecoins have successfully regained momentum. Top SOL tokens such as Dogwifhat (WIF), Bonk (BONK), and BOOK OF MEME (BOME) have each added over 20% to their respective valuations this…
12 months ago
After a Brief Bloodbath, Traders Turn Optimistic About the Bitcoin Price Rally: Can It Make It to $65,000?
The post After a Brief Bloodbath, Traders Turn Optimistic About the Bitcoin Price Rally: Can It Make It to $65,000? appeared first on Coinpedia Fintech News The market participants appear to have become bullish on the next price action, as the buying pressure has piled up to some extent. The institutions have resumed accumulating BTC, and the possibility of a reversal emerges. However, this upswing is feared to be short-lived, as the markets need to witness one of the major…
12 months ago
Dogecoin Attracts Nearly $21 Million in Accumulation Amid Market Decline: Can Bulls Spark a DOGE Price Rally?
The post Dogecoin Attracts Nearly $21 Million in Accumulation Amid Market Decline: Can Bulls Spark a DOGE Price Rally? appeared first on Coinpedia Fintech News Despite Bitcoin’s recent decline towards the $58K level, the meme coin sector has maintained its momentum. Many top meme coins preserved their volatility during the sharp market drop, as they are generally less affected by market declines. Notably, Dogecoin’s price has rebounded from its recent low due to increased accumulation. Currently, DOGE is targeting a…
12 months ago
Analysts Battle Over Cardano’s Next Move: 12,000% Rally Or 50% Crash?
Crypto analysts have given varying opinions on the Cardano (ADA) future trajectory. One analyst predicts that the crypto token could enjoy an unprecedented price rally. On the other hand, another analyst holds a bearish view and predicts that Cardano could experience a significant price crash. Cardano To Enjoy A 12,000% Rally In a post on Tradingview, crypto analyst Fiery Trading raised the possibility of Cardano rising to as high as $40 and even higher. The analyst highlighted a parallel channel…
12 months ago
AI-Tokens Lead the Rally As Market Recovers—SingularityNET (AGIX) & Fetch.ai (FET) Soar Above 20% Each!
The post AI-Tokens Lead the Rally As Market Recovers—SingularityNET (AGIX) & Fetch.ai (FET) Soar Above 20% Each! appeared first on Coinpedia Fintech News As the markets are heading towards the end of the month, the volatility has surged to a large extent. The weekly trade started with a massive pullback, causing an enormous pullback in the BTC price, which impacted the altcoins as well. However, the major tokens triggered a strong recovery after forming new lows due to which a…
12 months ago
Bitcoin Price Forecast: Three Strong Indicators Urge Buying As Experts Predict A 100% Rally Ahead
The Bitcoin price has experienced a significant correction after failing to consolidate above the $70,000 level and retesting its all-time high of $73,700, which it reached in March. With a retracement of nearly 10% over the past week, BTC is now trading just above support at the $60,000 level. However, based on historical data, further price drops may be expected in the coming days, aligning with patterns observed before explosive bull runs. Bitcoin Price Analysis Crypto analyst Rekt Capital has…
12 months ago