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
Dogecoin Eyes Major Leap: Historical Patterns Signal Potential Bull Rally
Dogecoin is on track to soar based on indications from its historical patterns. Top market analyst believes a 700% return is feasible for Dogecoin this year. Dogecoin (DOGE), one of the world’s largest memecoin is finally eyeing a major leap after a week of multiple corrections. The recent movement of DOGE’s price is reminiscent of historical patterns, which signals a potential bull rally. The Tides Change for Dogecoin According to the latest data from MarketCap, DOGE saw over 3% correction…
1 year ago
Here’s Why the Dogecoin (DOGE) Price Rally is Pre-Programmed to Hit the $1 Milestone!
The post Here’s Why the Dogecoin (DOGE) Price Rally is Pre-Programmed to Hit the $1 Milestone! appeared first on Coinpedia Fintech News In times when the memecoins are gaining huge attention, the biggest memecoin, Dogecoin, continues to trade within a range-bound. The 24-hour trading volume has dropped below a billion, suggesting a shift of momentum away from the token, as Pepe is currently, the largest traded memecoin. However, the market dynamics for the DOGE price are believed to change soon…
1 year ago
Massive DOGE Accumulation Signals Potential Rally In the Future
The post Massive DOGE Accumulation Signals Potential Rally In the Future appeared first on Coinpedia Fintech News As per a recent report, DOGE whales have been accumulating 200 Million DOGE since May 30. The significant buying activity indicates the whales’ confidence in Dogecoin’s future price. The accumulation has sparked excitement among Dogecoin enthusiasts and many are questioning its lack of price movement despite the accumulation. Analyst Ali Martinez addressed the concerns stating that patience is key in the cryptocurrency market.…
1 year ago
Polkadot Price Analysis: Will DOT See A Rally Or Steep Decline?
Polkadot (DOT) has managed to stay above $7 after an extremely bearish week that saw the price slip to $6.97 before registering a marginal recovery over the weekend. The current session sees Polkadot (DOT) trading just above $7 as buyers and sellers battle to take control of the session. Can Polkadot (DOT) Break Its Current Pattern Looking at the Polkadot (DOT) price chart, we can see that the asset is range-bound within a rising wedge pattern. This has been the…
1 year ago
Bitcoin Has Solid On-Chain Cushion Below $68,900: Stage Set For Fresh Rally?
On-chain data shows Bitcoin could have significant support between $66,900 and $68,900, which may help provide solid ground for a fresh surge to higher levels. A Large Amount Of Investors Bought Their Bitcoin Between $66,900 & $68,900 According to data from the market intelligence platform IntoTheBlock, BTC is currently floating above a major demand zone. In on-chain analysis, the strength of any support or resistance level is based on how much “demand” was present at it. Below is a chart…
1 year ago
Whales Accumulating BTC: Start of a Massive Rally? Which Coins Will Skyrocket?
Large investors are making significant moves in the BTC market. This behavior often signals upcoming changes in the crypto space. The ongoing bull run of 2024 adds more excitement. Many are now looking closely at which coins might surge next. This environment sets the stage for potential growth in the crypto market. CYBRO Gets on Crypto Whale's Radar with Presale of Its Tokens CYBRO is a new platform designed to help users earn more on the Blast blockchain. Blast is…
1 year ago
Donald Trump Embraces Crypto – Top Altcoins to Diversify Within Anticipation for the Upcoming Rally
The post Donald Trump Embraces Crypto – Top Altcoins to Diversify Within Anticipation for the Upcoming Rally appeared first on Coinpedia Fintech News President Donald Trump has rallied behind cryptocurrencies and is embracing all things related to this new industry. “I am very positive and open-minded to cryptocurrency companies,” said Trump during the Libertarian National Convention address. Additionally, the Former President assured that he would not let crypto die, throwing shade at Biden’s move to kill Bitcoin and crypto. This…
1 year ago
Ethereum On Edge: Can Ether Smash Through Resistance Or Stall After Rally?
Ethereum, the world’s second-largest cryptocurrency, finds itself at a critical juncture. After a strong 25% surge in the past month, outperforming its peers, Ethereum is facing a formidable hurdle in the form of resistance levels around $3,795 and $3,846. Analysts are watching this price battle closely, as it could determine the coin’s trajectory in the coming days. Breaking Barriers Or Bracing For A Tumble? Technical analysis paints a contrasting picture for Ethereum. If the bulls can muster enough strength to…
1 year ago
XRP Whales Buy $52M in Coins, Market Awaits Rally
Whale transactions have sparked hopes of an XRP price rally. Despite recent accumulations, XRP’s price shows a bearish trend. Though the price of XRP has been volatile lately, slightly more than 100 million coins have been recorded to have been accumulated in the last 24 hours, which has traders and investors in a frenzy. Data emerging from the blockchain indicates that whales purchased $52 million worth of XRP tokens from Binance, one of the top exchanges in the world. These…
1 year ago