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 Rollercoaster: Analyst Predicts 30% Crash, Followed by 1,300% Rally
One analyst says Dogecoin will dip 30% to trade at $0.104 before embarking on a 1,300% rally to hit $1.5, which would be its new all-time high. Other analysts have made similar predictions, with one pointing to DOGE breaking out of a triangular price pattern that it had been stuck in since 2022. Dogecoin could hit a new all-time high soon, but it would first lose a third of its value before embarking on a bull rally, predicts one analyst.…
1 year ago
Chainlink Poised for Major Rally: Analyst Predicts 150-300% Price Surge
The post Chainlink Poised for Major Rally: Analyst Predicts 150-300% Price Surge appeared first on Coinpedia Fintech News Chainlink (LINK) has been a standout performer this year, showcasing impressive growth in the cryptocurrency market. Despite being 66.7% below its all-time high of $52.70, LINK has surged by 14.1% over the past 30 days. In the meantime, renowned crypto analyst Michael Van de Poppe has shared a bullish forecast for LINK’s price by the end of May, predicting a surge of…
1 year ago
Whale Exits Cardano (ADA) Completely with ADA Down 80% from ATH, Invests Heavily in Retik Finance (RETIK) as CEX Listings Ignite Rally
Strategic shifts in investment portfolios can signal significant market movements. Recently, a notable whale, or large-scale investor, made headlines by completely exiting their position in Cardano (ADA) amidst an 80% drop from its all-time high (ATH). This whale has redirected their substantial capital into Retik Finance (RETIK), a burgeoning decentralized finance (DeFi) platform, sparking a rally as centralized exchange (CEX) listings boost the token's profile. Here’s a closer look at the factors behind this dramatic investment shift and the subsequent…
1 year ago
Chart Whisperer Spots Algorand Breakout: Get Ready For A 50% Rally
Algorand (ALGO), the blockchain platform known for its speedy transactions and energy efficiency, has caught the eye of crypto analysts. Popular analyst ZAYK Charts identified a potential paradigm shift for ALGO, pointing to a price breakout on the 12-hour chart that could propel the token 40-50% higher. Algorand: Breaking The Resistance Barrier Technical analysis, a realm where chart patterns and indicators guide investment decisions, has become a popular tool in the cryptocurrency space. ZAYK Charts noticed a significant development for…
1 year ago
Shiba Inu On The Verge Of 600% Rally? Analyst Weighs In
Shiba Inu, known as the “Dogecoin Killer,” is eagerly anticipating a significant price leap. Market analyst Ashish has sparked excitement with a bold prediction: a 600% surge that could catapult the meme coin to an impressive $0.000075. This bullish forecast comes after what Ashish describes as a nearly two-year-long slumber within a consolidation pattern. December 2023 saw Shiba Inu finally break free from this price purgatory, breaching a crucial resistance trendline. The breakout ignited a rally that culminated in a…
1 year ago
XRP Enthusiast Makes Statement at Trump Rally: ‘XRP is Not a Security’
At a recent Donald Trump campaign rally in the South Bronx, an attendee promoted the message “XRP is not a security,” referring to the Ripple vs SEC lawsuit. Geoffrey Kendrick from Standard Chartered Bank anticipates crypto ETF products for other altcoins, such as Solana and XRP, by the end of 2025. At a recent political campaign rally for Donald Trump in the South Bronx, New York, one attendee promoted the message “XRP is not a security.” U.S.-based X user Craig…
1 year ago
XRP Gears Up for Major Rally to $1 as Coinbase Resumes Trading in New York
Coinbase has re-listed XRP trading after a nine-month ban following collaborative efforts with the New York Department of Financial Services. This major development comes amid a huge legal battle with the SEC. Coinbase’s chief legal officer, Paul Grewal, has announced that customers in the state of New York can once again trade XRP tokens on Binance after a nine-month ban. This development comes after a lengthy moment of work by the New York Department of Financial Services (NYDFS) to ensure…
1 year ago
Bitcoin, Ethereum, And XRP Price Prediction: Altcoins To Kickstart Bull Rally?
The post Bitcoin, Ethereum, And XRP Price Prediction: Altcoins To Kickstart Bull Rally? appeared first on Coinpedia Fintech News The crypto market recorded significant volatility during this week amid the pending approval of the ETH ETF by the SEC. Furthermore, top tokens experienced massive price movements this week, indicating an increase in the price action within the crypto space. Furthermore, the market leader, Bitcoin price, has successfully held its price above the $68K mark, highlighting a rising bullish sentiment in…
1 year ago
PEPE Price Dips: Is a 25% Drop or Rally on the Horizon?
The post PEPE Price Dips: Is a 25% Drop or Rally on the Horizon? appeared first on Coinpedia Fintech News The frog-themed crypto project Pepe (PEPE) remains the most sought-after meme coin. The mid-cap altcoin, with a market capitalization of about $5.795 billion, had the highest daily traded volume of about $2.624 billion in the meme coin industry. The prior spot Ethereum ETF hype triggered a notable rise in Ether-based altcoins. However, the approval of eight spot Ether ETFs in…
1 year ago