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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Are Crypto Whales Driving the 35% Chainlink (LINK) Rally? Price Predictions
Chainlink is outperforming the general market with whales pushing prices up 35%. Macroeconomic trends might be weighing deep on Chainlink accumulation and pricing. Over the weekend, Chainlink (LINK) saw its price increase by approximately 35% to trade at $16.7. This increase represents a huge achievement for Chainlink and has left investors wondering whether recent whale activities are driving the surge. Whale Scoop Large Portions of LINK According to on-chain data, large investors, often referred to as crypto whales have been…
1 year ago
ADA Price Outlook: Analyst Forecasts 15x Rally for Cardano Amid Whales’ Activity
Cardano whale wallets have increased their holdings by 11% over the past 30 days despite being at a loss. The number of ADA holders has stabilized at around 4.47 million, indicating no significant influx of new investors. Cardano (ADA) has shown a remarkable surge in its price over the past 24 hours, currently trading at $0.4779, marking a 4.96% increase. Despite a period of market volatility, Cardano maintains its position as the tenth-largest cryptocurrency with a market cap of $16…
1 year ago
Bitcoin Rally Incoming: This Major BTC Metric Just Turned Bullish Once Again
A crucial Bitcoin metric has just turned bullish, sparking optimism from a crypto analyst regarding an impending rally for Bitcoin. This unique technical pattern suggests that the world’s largest cryptocurrency could see its price ascending further, potentially kick-starting a highly welcomed bull run this cycle. Bitcoin Technical Pattern Flips Bullish Bitcoin’s price has often followed distinct historical patterns, with the majority of these indicators preceding significant rallies or bearish trends. One of the most compelling signs that Bitcoin may be…
1 year ago
Top Analyst Flips Bullish on Retik Finance (RETIK) Ahead of May 21 Launch, Predicts 2500% Rally in First 3 Months
The cryptocurrency market is no stranger to bold predictions and ambitious forecasts, but when a top analyst flips bullish on a project, investors take notice. Such is the case with Retik Finance (RETIK), a decentralized finance (DeFi) project set to launch on May 21. A prominent analyst has recently made waves by predicting a staggering 2500% rally in RETIK's price within the first three months post-launch. Let us delve into the analyst's rationale behind this bullish outlook, examine Retik Finance's…
1 year ago
Investor Who Purchased Solana (SOL) and Polygon (MATIC) at 2022 Market Lows Says Retik Finance (RETIK) Upcoming Exchange Listings Could Ignite 5000% Price Rally
Retik Finance (RETIK) is a DeFi cryptocurrency carving out a niche in the decentralized finance space. It gained massive traction in 2024, and with its token listing on exchanges fixed for May 21, investors expect explosive gains in the coming months. In light of this, an investor renowned for purchasing Solana (SOL) and Polygon (MATIC) at 2022 market lows now sets sights on Retik Finance (RETIK), anticipating a massive 5000% price rally with its upcoming exchange listings. Overview of Retik…
1 year ago
Unprecedented Rally: Bitgert Coin’s Price Projected to Surge +400% This Week!
Opportunities are not just created but also grabbed at the right time. With the fluctuations during the past few weeks, the market has been on a brutal decline, with assets like Bitcoin dipping, affecting other and meme coins. This left investors in disarray as portfolios were on a decline with no prospects showing up. Although the market seems shaky, the hope for the bull run remains evident and lurks close with increasing adoptions. These adoptions are inspired by the bearish…
1 year ago
Cardano’s Rally Restores $2.71 Billion in Value for Investors
The post Cardano’s Rally Restores $2.71 Billion in Value for Investors appeared first on Coinpedia Fintech News Cardano recently reached the $0.48 mark again amidst a recent rally, making addresses holding $2.71 billion worth of tokens profitable after suffering losses from previous declines. Now that the Cardano addresses purchased at an average price of $0.48 have finally broken even, a further rally will make these investments profitable. Analysts also suggest that Cardano is bracing for a rally due to ADA/BTC…
1 year ago
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RallyAGIX Sustains Momentum Above 100-Day Moving Average – Rally Imminent?
AGIX is one of the leading AI tokens in the crypto space with a total supply of 2 billion, and a total trading volume of over $105 million, which is over 11% down in the last 24 hours. For over two days, the price of AGIX has been holding strong above the 100-day Simple Moving Average (SMA). The token which has been on a downward ally for quite some days, is showing some signs of price reversal and if this…
1 year ago
Tether Adds Fresh $1 Billion USDT To Supply – Bitcoin To Rally Again?
According to data from CoinMarketCap, Bitcoin rose by 2.9% on Friday to trade above $67,000 for the first time since April 24. This positive price performance by the maiden cryptocurrency has been attributed to the low inflation levels reported in the latest Consumer Price Index (CPI) data. However, Bitcoin is an asset subject to the influence of several forces. According to a report by blockchain analysis platform LookonChain, BTC may soon experience another price rally following an increase in the…
1 year ago