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…
SOL
Crypto Price Analysis 7-18 BTC, ETH, SOL, TRX, RNDR, ATOM, SEI
Bitcoin (BTC) has recorded strong inflows into its spot Bitcoin ETFs, suggesting that the sentiment may have turned positive, and traders are purchasing the asset aggressively, with the cryptocurrency also conquering crucial overhead resistance levels. Multiple analysts have speculated that BTC could even hit $220,000 after it reclaimed several crucial support levels. This prediction is based on historical Bitcoin miner capitulation patterns. Spot Bitcoin ETFs Register Strong Inflows Bitcoin (BTC) has pushed above several critical overhead resistance levels, indicating that…
11 months ago
Is It Time to Sell Solana? Here’s What You Need to Know About the Next SOL Price Action
The post Is It Time to Sell Solana? Here’s What You Need to Know About the Next SOL Price Action appeared first on Coinpedia Fintech News The crypto markets are again consolidating as the bulls have faced enough opposition since the past trading day. Besides, the bulls are also displaying some weakness which is expected to hinder the progress of the rally ahead. The recent rejection of Solana from the crucial resistance level has more or less validated a bearish…
11 months ago
$174 In Sight: Analyst Projects Major Surge For Solana (SOL)
A favorable breakthrough for Solana is happening very soon. At least, this is what the crystal ball of Ali Martinez tells him. The crypto specialist has come to the conclusion that Solana (SOL) is expected to see significant gains. Based on his latest examination of his chart’s 12-hour pattern, Martinez discovered a typical “W” pattern, which is a well-known sign of a bullish reversal that indicates that the price of SOL is likely to surge in the near future. Two…
11 months ago
Crypto Price Analysis 7-17 BTC, ETH, SOL, XRP, TON, HBAR, WIF
Bitcoin (BTC) has surged past $65,000 after facing intense selling pressure on Tuesday. BTC has displayed impressive strength, absorbing around 48,000 BTC sold by the German government and maintaining its upward price movement. According to Glassnode, BTC is experiencing what is known as “near-term sell-side relief,” with Bitcoin whales continuing to accumulate more of the asset when prices dip. Bitcoin (BTC) Marches Past $65,000 Data from TradingView has shown that BTC has rallied 20% since hitting $56,616 on July 12…
11 months ago
Solana (SOL) Price to Skyrocket to $174 as Experts Warn of $2.98 Bln Short Liquidations
The post Solana (SOL) Price to Skyrocket to $174 as Experts Warn of $2.98 Bln Short Liquidations appeared first on Coinpedia Fintech News The Solana price has seen a significant rise, similar to major cryptocurrencies like Ethereum (ETH) and Bitcoin (BTC). Since last week, it has surged by 12%, now settling at $156.7 from its recent low of around $121.50. Given this bullish market, renowned crypto analyst Ali Martinez predicts that Solana (SOL) could surge to $174. Key Pattern Indicates…
11 months ago
Crypto Price Analysis 7-16 BTC, ETH, SOL, ADA, AVAX, UNI, ATOM
Bitcoin (BTC) has surged past $64,000, having been incredibly bullish as buyers return to the market. BTC’s recent surge indicates strong demand at lower levels, with the cryptocurrency recording weekly inflows of over $1.3 billion, according to data from CoinShares. BTC and other major altcoins could register significant upward movement should the bullish sentiment continue, potentially even reaching new all-time highs. Major Cryptocurrencies Record Significant Inflows Bitcoin (BTC) has rocketed over 12% during the past seven days as bulls returned…
11 months ago
Bullish Solana Forecast: Expert Sees SOL Reaching 50% Of ETH’s Market Cap This Cycle
Solana (SOL), the fifth largest cryptocurrency in the industry, saw a notable resurgence over the weekend, in line with the broader market rally and Bitcoin’s (BTC) rebound towards the $63,000 mark for the first time in over a week. SOL’s price has successfully recovered from the losses of the past few months, surpassing the $150 level and overcoming key resistance walls, coupled with an optimistic statement from Daniel Cheung, co-founder of the hedge fund Syncracy Capital, who believes that SOL…
11 months ago
Solana Dominating Ethereum: SOL Analyst Now Targets $1,000
Following Bitcoin and other altcoins like Ethereum, Solana is edging higher, clawing its way back after sharp losses in June. Even though the buyers are yet to reclaim the $155 support level, the expansion over the last few days has seen the coin add 25% after plunging in early July. Is SOL Preparing For $1,000? These encouraging gains over the last few days have seen traders project major gains in the coming days and weeks. Taking to X, one analyst…
11 months ago
Three altcoins for the next crypto rally ($SOL, $BNB, $WIF)
The crypto market is on the up over the last week or so, with Bitcoin rallying more than 15%, and some altcoins doing even better. A pull-back may be on the cards in the short term, but once this is over, $SOL, $BNB, and $WIF, have the potential to be excellent plays going into the next weeks and months. The crypto recovery certainly looks to be on. There is still the possibility that the recent rally could be strongly rejected…
11 months ago