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
Low-Risk Crypto Under $1 That Will Outperform Both Ethereum (ETH) and Solana (SOL) in the Next Market Rally
With the current state of the crypto market, many would hope to get an investment that is of low risk and high reward. In the myriad of tokens available on the market, Rexas Finance (RXS) is one of the most attractive projections under 1$, which targets established market leaders such as Ethereum (ETH) and Solana (SOL). This is why Rexas Finance would be interesting for those looking for more than the basic opportunities with crypto. Selling Proposition Of Rexas Finance…
9 months ago
BNB Price Tops $600: Can the Rally Continue?
BNB price started a fresh increase above the $550 resistance zone. The price is now consolidating near $600 and might aim for more gains. BNB price started a fresh increase above the $550 resistance zone. The price is now trading below $580 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $585 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $575 level…
9 months ago
XRP Price Could Soon Surge: Can Bulls Fuel the Rally?
XRP price is attempting an upside break above $0.600. The price is showing positive signs, but a weekly close above $0.600 is needed for a fresh surge. XRP price started another increase toward the $0.6050 zone. The price is now trading above $0.5880 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $0.590 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could gain bullish…
9 months ago
Bitcoin Price Regains Strength: Is a New Rally Brewing?
Bitcoin price gained pace above the $62,500 resistance. BTC even cleared the $63,200 level and is now consolidating gains above $63,500. Bitcoin is gaining pace above the $63,200 resistance zone. The price is trading above $63,400 and the 100 hourly Simple moving average. There was a break above a connecting bearish trend line with resistance at $63,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the $62,500…
9 months ago
Analyst Who Predicted The Bitcoin Rally Reveals Time To Sell
Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies. Notably, this rally was already predicted by a few crypto analyst through technical indicators. One of such is Ali Martinez, who is a master of the TD Sequential.…
9 months ago
Bitcoin Hype Remains Low Even After $63,000 Surge: Green Sign For Rally?
Data shows the social media users have yet to show excessive hype around the latest Bitcoin rally, a sign that could be positive for its sustainability. Bitcoin Sentiment Ratio Has Spiked, But Value Still Not Too High According to data from the analytics firm Santiment, Bitcoin Fear Of Missing Out (FOMO) has remained low through the latest rally. The indicator of relevance here is the “Positive Sentiment vs. Negative Sentiment Ratio,” which, as its name suggests, measures the ratio between…
9 months ago
Experts Warning Of Bitcoin Resistance Ahead Of Fed Decision, Ethereum Remains Range Bound, GoodEgg Joins 13,000% Rally Club
As the cryptocurrency market braces for the next Federal Reserve decision, Bitcoin (BTC) and Ethereum (ETH) are facing critical moments. While both assets remain market leaders, recent developments have shown signs of potential resistance and consolidation. Amidst this, GoodEgg (GEGG) has emerged as a rising star, joining the exclusive club of cryptocurrencies boasting a 13,000% rally during its presale. Bitcoin’s Resistance Level Ahead of Fed Decision Bitcoin (BTC) has been on a rollercoaster ride in recent weeks. Following a dip…
9 months ago
Testnet Launch Sparks Buying Frenzy: BlockDAG’s 30,000x ROI Potential Could Overshadow Shiba Inu’s Rally; BRETT Prices Dip
Cryptocurrencies are constantly battling for investor attention, but some are making waves with their distinct potential. Shiba Inu, often compared to Dogecoin, is eyeing a major breakout, aiming to surpass its 2021 peak. Meanwhile, The BRETT has faced challenges, grappling with a descending trendline, though technical indicators suggest a possible reversal. Amid these opportunities, BlockDAG Network presents a particularly enticing prospect. With its Testnet now live, the possibility of a jaw-dropping 30,000x ROI seems increasingly attainable. Could Shiba Inu Eclipse…
9 months ago
Ethereum Presale Token Outshines TRON and Nervos (CKB), Eyes 1,255% Rally in 33 Days
As new cryptocurrencies emerge and vie for investors’ attention, a new Ethereum presale token has caught the spotlight, outshining TRON (TRX) and Nervos Network (CKB), two well-established players in the market. This Ethereum presale token is gaining traction as one of the best investments, with a projected 1,255% rally in just 33 days. Its presale stage, the second of the five outlined presale stages, is quickly selling out. TRON Remains Bullish Despite Current Drop Despite facing a recent dip, TRON…
9 months ago