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
Top Reasons Why XRP Price Rally is on Horizon
The post Top Reasons Why XRP Price Rally is on Horizon appeared first on Coinpedia Fintech News After enduring a prolonged period of stagnation, the XRP price has recently shown signs of life, prompting speculation about its potential for recovery. Amidst conflicting opinions from analysts, let’s delve into the factors influencing XRP’s recent surge and assess whether it signals a sustainable turnaround – XRP Price Analysis XRP, Ripple’s native cryptocurrency, has struggled for a long time to regain its former…
1 year ago
Analyst Bullish on NEAR and INJ: Ethereum Rivals Poised for Breakout Rally
Crypto analysts are bullish on NEAR and INJ, expecting breakout rallies soon. NEAR could hit $9, and INJ shows promise after defending the $30 price area. Near Protocol’s price might surge above $10 soon, as predicted by crypto analyst Bluntz, known for accurate Bitcoin forecasts. Crypto strategist and analyst The Crypto Dog has recently expressed bullish sentiments towards the smart contract protocol NEAR. The Crypto Dog has drawn attention to NEAR’s potential breakout rally by analyzing the daily chart. A…
1 year ago
ENA Price Prediction: Blockbuster Breakout Rally Aims For $2
The post ENA Price Prediction: Blockbuster Breakout Rally Aims For $2 appeared first on Coinpedia Fintech News As the entire altcoin market finds an overnight boost, the bullish trend continues in the Ethena Labs token. With the ENA token price rising day by day, the underlying demand seems healthy and growing, with no visible signs of exhaustion. The uptrend signals a breakout rally, with the altcoin gaining momentum as the overall market bounces back. Will the ENA price rally continue…
1 year ago
Top Reasons Why Ethereum Might Melt Faces Soon, Here Are the Potential Targets for ETH Price Rally
The post Top Reasons Why Ethereum Might Melt Faces Soon, Here Are the Potential Targets for ETH Price Rally appeared first on Coinpedia Fintech News The pre-halving rally appears to have resumed as the Bitcoin price sliced through the local resistance to reach levels above $72,000. In the meantime, while the markets were exhibiting tremendous volatility, the Ethereum price has been largely stable. The price has been illustrating a similar pattern that it followed in history and eventually triggered a…
1 year ago
Shiba Inu Burn Rate Explodes by 300% Amid Renewed SHIB Price Rally: Details
TL;DR Shiba Inu (SHIB) experienced a massive increase in token burns on a daily scale. This coincides with an uptick in the meme coin’s price. The second-largest meme coin in terms of total market capitalization – Shiba Inu – experienced another substantial burn rate. Data shows that it has spiked by over 300% in the past 24 hours, resulting in almost 100 million SHIB tokens being removed from circulation. As CryptoPotato reported, the burn rate also significantly increased last month, when over…
1 year ago
Litecoin’s Uptrend Signals Recovery: Can LTC Catch Up to Bitcoin’s Rally?
Litecoin rallied while Bitcoin slumped but faced resistance near $110. Market indicators suggest the potential for an uptrend, but Litecoin struggles against Bitcoin. Litecoin (LTC) has exhibited a remarkable performance, rallying while Bitcoin (BTC) prices experienced a slump. This significant movement sparked optimism among investors regarding the initiation of an uptrend. Analyzing the High Time Frame (HTF) price action, LTC showcased promising signs of a potential uptrend. The breakout past the Q4 2023 range highs at $79.5 flipped the D3…
1 year ago
SUI’s Rally Pauses Amid Ecosystem Progress, AI Altcoin Anticipated to Soar
While market-wide price performance has been delivering recoveries from March lows, SUI has been tanking for days. Sui has always moved in tandem with altcoins like Solana (SOL) and Ethereum (ETH), but despite bullish momentum on SOL and ETH, Sui has fallen. Fortunately, the Sui ecosystem has delivered impressive growth reminiscent of Solana’s performance in 2023. With this, investors wonder if it would be enough for the token to recover. Investors have also been bullish on InQubeta (QUBE) following the…
1 year ago
$MEDA Presale Is Here To Stay! Expert Predicts Huge Price Rally While Arbitrum and XRP Stabilize Price
The post $MEDA Presale Is Here To Stay! Expert Predicts Huge Price Rally While Arbitrum and XRP Stabilize Price appeared first on Coinpedia Fintech News TLDR Milei Moneda’s ($MEDA) presale sparks experts’ optimistic price predictions. Arbitrum’s (ARB) price faces further decline due to the upcoming token unlock. XRP’s price could drop to $0.53 before the end of April. As uncertainty surrounds Arbitrum (ARB) and XRP due to token unlocks and sales in the coming weeks, the ongoing Milei Moneda ($MEDA)…
1 year ago
Dogecoin Rally Intensifies: Eyes Set On Historic New Highs
After a retracement from its current high of $0.22960, the price of Dogecoin (DOGE) looks like it is not yet done as the memecoin bounced back and moving toward its current high. Dogecoin Price Technical Analysis Dogecoin is one of the few memecoins that have captured the hearts of many crypto investors. Like Shiba Inu and Pepecoin (PEPE), Dogecoin is backed up by a strong and exciting community which has played a huge role in its success so far. At…
1 year ago