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
Is Solana A Good Buy? Finance CEO Predicts ‘Magnificent’ Autumn Rally
Raoul Pal, the co-founder and Chief Executive Officer (CEO) of Real Vision, a financial media platform, has indicated that Solana is on the brink of reversing its bearish trends. The financial expert has predicted a “magnificent autumn rally” for the cryptocurrency in this market cycle. Solana To Witness Major Autumn Rally Solana’s recent downward trend could potentially signal a great buying opportunity for investors who remain optimistic about the cryptocurrency’s future outlook. Being a popular supporter and long-term investor of…
12 months ago
AI Tokens Dominance Surge! Will RNDR, GRT, And FET Lead The Upcoming Bull Rally?
The post AI Tokens Dominance Surge! Will RNDR, GRT, And FET Lead The Upcoming Bull Rally? appeared first on Coinpedia Fintech News With the news of Nvidia (NVDA) becoming the world’s most valuable company, Artificial Intelligence (AI) based cryptocurrencies have recorded a strong bullish reversal in their respective charts over the past 24 hours. Moreover, top AI tokens such as Render (RNDR), The Graph (GRT), Fetch.ai (FET), and Akash Network (AKT) have each added over 8% to their valuation. This…
12 months ago
Bitcoin Month-Long Rally Comes To An End: Price Plunges Below $65,000 – What’s Next For BTC?
Bitcoin (BTC), the largest cryptocurrency by market capitalization, experienced a significant decline on Tuesday, echoing the broader downtrend in the cryptocurrency market. Fueled by worries about the global economy and reduced summer liquidity, Bitcoin dropped below the $65,000 mark for the first time since May 16. Notably, Ethereum (ETH) also faced a 4% loss, trading at $3,400, while other cryptocurrencies, such as XRP, Solana (SOL), and dogecoin (DOGE), suffered even bigger declines. Market Uncertainty Persists Marko Jurina, CEO of Jumper.Exchange,…
12 months ago
Ripple (XRP) Price Leads the Pack with 5% Rally – Settlement on the Horizon?
XRP surged over 5% in the last 24 hours, with trading volume up by 171%. Legal battles with the SEC and the launch of Ripple’s stablecoin are driving market speculation. XRP, the cryptocurrency affiliated with Ripple, has experienced a notable surge against Bitcoin (BTC), underscoring a significant decoupling from Bitcoin’s relatively stagnant performance. Over the past 24 hours, the XRP/BTC trading pair on Binance has risen by over 5%, marking its strongest daily performance against Bitcoin since March 11th, when…
12 months ago
Top Crypto Analyst Predicts 50% Rally for Solana-Based Memecoin Dogwifhat (WIF)
Renowned altcoin trader Bluntz, despite his medium-term bearish outlook on WIF, anticipates a substantial short-term rally. He highlights multiple bullish indicators and expects an ABC upward correction, predicting a 50% bounce to around $3-$3.4 before WIF resumes its downtrend. A trader renowned for making timely altcoin predictions believes one memecoin is set for a significant surge. Pseudonymous analyst Bluntz, sharing insights with his 261,500 followers on social media platform X, stated that despite being medium-term bearish on meme token Dogwifhat…
12 months ago
XRP Price Poised for Major Rally: Key Indicators and Whale Moves
XRP nears critical support line, suggesting a significant potential rally. Technical indicators signal a bullish trend; whale moves 80M XRP. According to the most recent research by cryptocurrency analyst Cryptobilbuwoo0 via X, XRP is about to have a big upward surge. A thorough chart analysis highlighting important technical indicators and historical patterns contrasts XRP against the whole cryptocurrency market cap, therefore highlighting this potential. #xrp #Ripple #total Looking at the XRP/Total chart, XRP has always risen significantly from the rebound…
12 months ago
XRP Set For Monumental Rally: Analyst Points To Extremely Rare Signal
The latest chart analysis by crypto analyst @Cryptobilbuwoo0, published via X, offers a compelling narrative for XRP’s potential upward trajectory when juxtaposed against the total cryptocurrency market capitalization. The analyst emphasizes key technical indicators and historical patterns, suggesting that XRP might be on the brink of a significant bullish phase. XRP Price Poised To “Bounce” The XRP/Total chart primarily illustrates a descending trajectory that began forming from its early 2018 peak. This overarching downtrend is marked by successive lower highs…
12 months ago
Is The CRV Painful Dip Over? This Event In August Could Spark A Rally
CRV, the native token of the stablecoin decentralized exchange Curve Finance, has been dumping in over the last year or so. After last week’s plunge, the token fell by as much as 75% from March 2024 highs, a huge concern for token holders. CRV Recovers, Adds 45% After Plunging However, according to one analyst who took to X, the bottom could be in, arguing that favorable fundamental events in roughly two months could propel the token to as high as…
12 months ago
Bitcoin’s Taker Buy Sell Ratio Surges Above 1: Is a Rally Imminent?
The Bitcoin Taker Buy Sell Ratio has been below 1 in the past week, indicating bearish pressure, but in the past few days, the signal has flipped and is now showing higher buying pressure. Analysts have called for patience, noting that Bitcoin has performed much better than it tends to after the halving, which was on April 19. Bitcoin was on a bearish trend in the past week, losing 5.82% and hitting a monthly low at $65.175. As Crypto News…
12 months ago