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 3 Cryptos to Buy in Q4: Experts Predict These Coins Will Achieve Solana’s 10,000% Rally By 2025
Volatility is commonplace in the cryptocurrency market with coins like Solana (SOL) erupting in value to over 10,000%. As the penultimate quarter draws near investors wish to scoop them the impending and prospective assets that may soar as Solana did. Experts say that over the next few years, the emergence of these three cryptocurrencies is likely and the investors will profit immensely. These three coins, Rexas Finance (RXS), Avalanche (AVAX), and Polkadot (DOT) are pulling up gravitation force and could…
9 months ago
Polkadot Price Analysis: Can Market Rally Push DOT Above $4.50?
Polkadot (DOT) has made a strong recovery this week after falling to a low of 3.98 earlier this week. Despite starting the week in the red, DOT has recovered strongly and is once again testing the $4.50 level. Market watchers are hopeful that with the return of bullish sentiment to the markets, DOT can finally break above $4.50 and $5. Polkadot (DOT) Starts The Week In The Red Polkadot (DOT) has been attempting to push above the $4.50 level since…
9 months ago
Bitcoin Price Rally Faces Key Resistance: Will Whale Shorts Trigger A Market Pullback?
As the broader cryptocurrency market experiences notable gains following the Federal Reserve’s rate cuts, Bitcoin (BTC) has reached a price of $63,670 on Thursday, marking substantial bullish momentum since late August. This surge has sparked increased interest from both retail traders and institutional players, leading to diverse positioning within the market. Divergence In Trader Strategies According to a recent post on social media site X (formerly Twitter) by technical analyst InspoCrypto, the recent price action on the Binance BTC/USDT perpetual…
9 months ago
Bitcoin Reclaims $63,000 After US Fed Rate Cut, But Is This Rally For Real?
So far, Bitcoin has seen a mixture of bulls and bears just in the past day alone. Although bulls appear to be taking the lead given its current market performance, will this be sustainable? Before the US Federal Reserve announcement of the rate cuts, Bitcoin experienced a slight dip in its trading price. However, following the announcement, the leading crypto saw a sudden price surge, reclaiming the $60,000 mark. Bitcoin continues to show bullish strength, trading at $63,006, reflecting a…
9 months ago
Dogecoin Forming First Golden Cross In 4 Years, Is A 3700% Rally To $3.8 Possible?
Dogecoin could be gearing up for another major surge in price as the meme coin’s chart shows the formation of a major pattern. The Golden Cross pattern is a major bullish formation on a chart that usually precedes a notable rally for digital assets such as DOGE. Currently, the Dogecoin price is forming its first golden cross in four years, making this an important development for the meme coin’s price. Dogecoin Analyst Points out Golden Cross Dogecoin analyst Kevin Capital…
9 months ago
Shiba Inu Jumps Nearly 6% In Latest Price Rebound, Rally Incoming?
Shiba Inu has caught the market’s attention once again with a nearly 6% price rebound, signaling renewed bullish momentum for the popular meme coin. After a period of consolidation, this jump has raised speculation that the bulls might be returning to drive the price higher. Could this price surge mark the beginning of a major rally, or is it just a temporary spike? All eyes are on the next move. This analysis aims to explore the recent 6% price rebound…
9 months ago
Bitcoin Price Surges After Fed Rate Cut: New Rally Ahead?
Bitcoin price started another increase above the $60,500 resistance. The Fed reduced rates by 0.50%, sparking a bullish wave in BTC toward $62,500. Bitcoin is gaining pace above the $60,200 resistance zone. The price is trading above $60,500 and the 100 hourly Simple moving average. There was a break above a short-term declining channel with resistance at $60,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could extend gains if it stays above the…
9 months ago
Massive Bitcoin Rally Predicted For Next 6 Months After Fed Rate Cut
As the crypto community awaits the Federal Reserve’s (Fed) rate cut announcement on September 18, the stakes are high for Bitcoin (BTC) and the broader financial landscape. This upcoming decision marks the first central bank rate cut since the Fed slashed its key rate to near zero in March 2020 amid the COVID-19 pandemic. Will A 50bps Cut Spark A Bitcoin Bull Run? According to CME Group’s FedWatch tool, markets are currently pricing in a 59% chance of a half-percentage-point rate…
9 months ago
Cardano (ADA) Enters Stage 3 That Will Trigger 4,500% Rally To $15
Cardano (ADA) is finally at stage three of this current market cycle, with analysts foreseeing a massive 4,500% price rally to $15. This projected price increase is set to offer dedicated investors and holders a small window of opportunity to make gains from the popular altcoin. Cardano (ADA) Set Sights On $15 Price Surge Crypto analyst, Remi Benays has announced on X (formerly Twitter) that Cardano is at a crucial stage of this market cycle, characterized by potential price rallies…
9 months ago