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
Could Cardano Rally 1500%? Analysts Assess ADA’s Growth Potential
Jason Marks points to significant progress in Cardano ADA’s performance suggesting a potential increase of 222% initially, with an ultimate target of $7.80 through a 1500% surge. Speculation about Gemini potentially listing the ADA token has been circulating in the market, fueled by a tweet from Gemini praising ADA’s features. Cardano’s native cryptocurrency ADA has had a pretty dull phase recently with the altcoin slipping all the way to the tenth position in the top-ten crypto list. As of press…
1 year ago
Choise.ai Confirms Launch of AI-Powered L2 Blockchain for Enterprises: A Springboard for CHO Token’s Next 223% Rally Post-Correction?
In a pivotal development, Choise.ai, a dynamic ecosystem of digital and crypto banking solutions for enterprises, has unveiled a preview of its forthcoming layer-2 (L2) blockchain, Entropy. This innovation transcends conventional L2 solutions by incorporating AI technologies to accelerate the widespread adoption of Web3 and blockchain. The CHO token, which has already surged by over 500% following Choise.ai’s prior advancements, remains central to this thrilling progress. The rumors about Choise.ai working on its own blockchain, which have been circulating within…
1 year ago
Macro Analyst Raoul Pal Predicts a Parabolic Bitcoin Rally
British financial expert Raoul Pal recently predicted a substantial surge in Bitcoin’s value, hinting at a parabolic rally during an upcoming “Crypto Summer and Fall.” Known for his macroeconomic expertise, Pal, a former Goldman Sachs executive, is a staunch advocate for crypto. Why Pal Predicts Bitcoin Bull Run? Pal anticipates the market will soon enter what he whimsically calls the “Banana Zone.” He expects this period to trigger a full-scale mania in the crypto sphere, continuing well into 2025. This…
1 year ago
Dogecoin and Shiba Inu Poised for Over 100% Rally: On-Chain Signals Point to Potential Breakout
Dogecoin bulls are eyeing potential gains amidst oversold conditions, with key resistance at $0.16 signaling a pathway to $0.2 in the short term. On the other hand, Shiba Inu’s chart indicates a pending trend reversal, supported by fundamental drivers like its burn rate and adoption by platforms like Bitpay. The recent volatility in the wider crypto landscape notably affected meme coins, particularly Dogecoin (DOGE) and Shiba Inu (SHIB). Shiba Inu experienced a significant downturn, dropping by 10.65% over the past…
1 year ago
Worldcoin (WLD) Price Analysis: Could a 45% Rally Occur Before OpenAI’s Live Stream?
Worldcoin (WLD) surged 22% due to rumors of partnering with OpenAI, boosting its market price and investor interest. Worldcoin’s indirect link to OpenAI through Sam Altman fuels excitement, positioning it as a leader in AI-related cryptocurrency ventures. Worldcoin (WLD) has experienced a notable surge in value, rising by 22% over the past week, fueled by speculation surrounding potential collaborations with OpenAI. Trading at around $5.88, this WLD market price surge has captured investor attention and bolstered its attractiveness within the…
1 year ago
Worldcoin (WLD) Price Analysis: Could a 45% Rally Occur Before OpenAI’s Live Stream?
Worldcoin (WLD) could see a 45% price surge ahead of OpenAI’s upcoming live stream. WLD needs to break past the $6.70 resistance to target a potential high of $8.55. Following recent developments reported by CNF, Worldcoin (WLD) is poised for a significant increase, potentially surging by 45% before an anticipated OpenAI live stream event. Currently priced at $5.62 after a substantial 70% drop, the cryptocurrency shows signs of resilience. Notably, WLD has established a double bottom pattern at the $4.22…
1 year ago
End Of The Correction: Rally Begins On Dogecoin (DOGE), Rollblock (RBLK) and Hedara (HBAR)
There is a sigh of relief as the crypto market undergoes a recovery journey following an extended period of correction. Amidst this resurgence, top crypto coins like Dogecoin (DOGE) and Hedera (HBAR) have witnessed a price rally that puts them back on the pedestal of profitable crypto investment. Meanwhile, new market entrant, Rollblock (RBLK) is brimming with a unique potential to change the narrative of the online gambling market. By introducing a GambleFi protocol that prioritizes security and transparency, Rollblock…
1 year ago
Bitcoin’s Historic Rally Post-Halving: Predictions Point to a $350,000 Peak
Bitcoin is mimicking its post-2016 halving trajectory, potentially signaling an upcoming massive rally. Recent on-chain data reveals significant movements from long-dormant Bitcoin wallets, stirring market speculation. Following the recent halving, Bitcoin has perfectly mirrored its 2016 behavior, with a significant wick below its current re-accumulation range. Noted crypto analyst Rekt Capital pointed out this repetition, indicating that Bitcoin might be nearing its local bottom, with a potential peak reaching as high as $350,000 during this cycle. #BTC Bitcoin has repeated…
1 year ago
Why $64,300 is a Pivotal Range for Bitcoin’s (BTC) Price Rally: Here’s What to Expect!
The post Why $64,300 is a Pivotal Range for Bitcoin’s (BTC) Price Rally: Here’s What to Expect! appeared first on Coinpedia Fintech News The Bitcoin bears display significant strength as they continue suppressing the price levels within a pre-defined range. The longs were quickly pulled down as they appeared to be poised to find new monthly highs above $64,000, which would have changed the entire scenario of the BTC price rally in the short term. While the long-term trade remains…
1 year ago