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
3 Reasons Bitcoin Price Rally Is At Risk – Details
Bitcoin emerged as an investors’ favorite this past week, recording a price rise of 4.07% according to data from CoinMarketCap. During this price surge, the premier cryptocurrency traded as high as $66,000, a level last reached in late July. However, despite this price gain which extends Bitcoin’s “unusual” positive performance in September, certain market conditions indicate concern over the sustainability of this rally. Why Bitcoin’s Rally Is In Danger In a Quicktake post on CryptoQuant, an analyst with username Wenry…
8 months ago
Notcoin Set For More Gains Following 13% Price Rally – Details
Telegram-based cryptocurrency Notcoin has attracted investors’ interest in the last 24 hours with impressive price performance. According to data from CoinMarketCap, Notcoin notched a 12.75% profit on Friday to emerge as the market’s top gainer. While the asset’s momentum appeared to have cooled following a price correction in the last few hours, certain trading indicators encourage investors to retain a bullish sentiment. Notcoin To Hit $0.014 If Buying Pressure Persists: Analyst In an X post on Friday, popular crypto analyst…
8 months ago
Dogecoin Could Target $0.20 Soon, Analyst Predicts – Is DOGE Primed For A Rally?
Dogecoin is trading above $0.12 after a 20% pump over the past two days, reigniting investor enthusiasm. The meme coin had been struggling to break past the $0.11 mark, leaving investors frustrated as other cryptocurrencies surged. The recent breakout has lifted sentiment, with Dogecoin now eyeing higher targets. Analysts believe that this momentum could lead to further gains as DOGE successfully clears key resistance levels. One prominent analyst has even set a bullish target of $0.20 in the coming weeks,…
8 months ago
Bitcoin Breaks $65K With $365 Million In Spot ETF Inflows Fueling The Rally
Bitcoin has been the subject of recent media attention, not only due to its price increase above $65,000 but also due to the extraordinary inflows into spot Bitcoin ETFs. These inflows, according to Farside Investors, have reached a remarkable $365 million as of September 26, 2024, which is indicative of the increasing institutional interest in the cryptocurrency market. Record Inflows Amid Market Optimism The biggest daily flow for the month came from BlackRock’s Bitcoin ETF, which surged about $184 million…
8 months ago
Shiba Inu Rallies 34%, But Will FOMO End The Rally?
Data shows metrics related to Shiba Inu have seen rapid growth alongside the meme coin’s 34% surge, a potential sign that FOMO is developing among investors. Shiba Inu Has Seen An Uptick In Activity With Its Latest Rally In a new post on X, the analytics firm Santiment has discussed how the various indicators related to Shiba Inu have looked while its price has shot up 34% over the past week. There are three on-chain metrics of interest here: Volume,…
8 months ago
Tags
RallyTags
RallyDogwifhat Rally Far From Over As Analysts Predicts 1,600% Jump
Shiba Inu Killer Dogwifhat (WIF) has rallied substantially since the middle of September. Notably, the meme coin has rallied by about 32% in the past seven days, allowing it to outperform many cryptocurrencies and meme coins. Notably, this rally has prompted many bullish forecasts for the cryptocurrency. Dogwifhat Back In The Spotlight Dogwifhat’s rise to prominence began in early 2024, as the meme coin community embraced it as a “Shiba Inu Killer.” Dogwifhat, which started the year around $0.15, was…
8 months ago
Dogecoin Eyes Bullish 50% Rally To $0.16, But Will A Crash Come First?
After a long stretch of muted price action, Dogecoin has finally entered a position where it could be gearing up for a surge. With major developments such as an increase in participation from both small and large investors, as well as indicators turning bullish, the DOGE price looks primed for a major recovery. However, there could be a small roadblock for the meme coin when it comes to achieving this uptrend as one analyst has pointed out the possibility of…
9 months ago
Missed FLOKI (FLOKI) Rally? GoodEgg (GEGG) Set to Explode 150x in Next Bull Run, Investors Buy Now
The cryptocurrency market has been witnessing an exciting comeback, with altcoins like Floki (FLOKI) gaining significant attention. Many investors who missed out on the recent FLOKI (FLOKI) rally are now searching for the next big opportunity. Enter GoodEgg (GEGG), a unique AI-powered play-to-date memecoin, poised to be the next explosive token. While Floki (FLOKI) has already made its mark as a memecoin inspired by Elon Musk’s dog, GoodEgg (GEGG) is combining meme culture with real utility, making it an attractive…
9 months ago
Crypto Analyst Identifies Cardano Buy Signal And Parabolic Rally To Send ADA Price To $5
As the altcoin season approaches, Cardano (ADA) is gaining momentum, having recorded more than a 14% increase in the past week, according to CoinMarketCap. Notably, a crypto analyst has identified a strong buy signal for ADA, suggesting that it could potentially set off a parabolic rally that might drive the price of Cardano to new all-time highs around $5. Cardano New Buy Signal To Trigger Rally To $5 On September 24, crypto analyst, TradingShot published a detailed analysis and report…
9 months ago