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…
Traders
Dogecoin’s Price Outlook: Traders Cautioned Against Long Positions Amidst Consolidation
Dogecoin’s price dropped 12% over the past week and now trades at $0.142, but it may stay above $0.10 due to strong support at $0.11. Analysts suggest Dogecoin could trade between $0.12 and $0.15 short-term, with potential for a surge if it breaks resistance at $0.16. Dogecoin (DOGE) has experienced a 12% decline over the past week, but market indicators suggest the cryptocurrency may stabilize above the $0.10 mark in the coming weeks. DOGE is currently trading at $0.136, marking…
12 months ago
Traders Stack Bitcoin: $91,539 Target Left Untouched & Unchanged for BTC Price Rally!
The post Traders Stack Bitcoin: $91,539 Target Left Untouched & Unchanged for BTC Price Rally! appeared first on Coinpedia Fintech News The markets do not appear to have overcome the recent pullback as the selling pressure continues to mount in the crypto space. The Bitcoin price is trying hard to sustain above $67,000, as a drop below these regions may alert the bears. In the meantime, the whales and the traders appear to have been utilising this golden opportunity, as…
12 months ago
Traders Are Buying These Altcoins For Long-Term Gains: SOL, XRP, TON & APORK
There has been a huge buying spree in the crypto market lately as investors search the market for top altcoins that can give them more profits in the long term. Four tokens that have received the highest amount of interest are Solana, Ripple, Toncoin, and Angry Pepe Fork. Solana (SOL) Predicted To Hit $350 Soon It is no surprise that investors are buying Solana (SOL) for long-term gains. Over the last year, the number of projects on the Solana network…
12 months ago
Crypto Traders Predict Price Volatility For This Week’s FOMC, CPI Data
Crypto traders are gearing up for massive volatility, with several key macroeconomic events taking place this week. Spearheading the week is the Consumer Price Index on Wednesday, followed by the all-important Federal Open Market Committee (FOMC) meeting on the same day. Perhaps Fed Chair Jerome Powell’s speech post-FOMC could be even more important than the central bank’s interest rate decision itself. On Thursday, the Producer Price Index and jobless claims could further fuel the market volatility. Next week Wednesday &…
12 months ago
Will Cardano & Solana Continue To Trend? Traders Are Snatching Up New Solana Based Meme Giant
Owing to the launch of a new Solana-based meme coin in the presale market, traders and investors are highly enthusiastic. Many are investing in this new meme coin called Angry Pepe Fork (APORK) due to its unique potential for gains. While Angry Pepe Fork is busy reeling in investors' interest from the meme coin market, Cardano (ADA) and Solana (SOL) coin are both navigating noticeable price fluctuation. Regardless of their strength and dominance in the altcoin market, if these coins…
12 months ago
XRP at a Crossroads: Price Consolidation Signals Market Uncertainty, Futures Traders Prepare for Rally
XRP shows bearish signs as Chaikin Money Flow (CMF) indicates a liquidity exit from the market. Also, most of the transactions involving XRP in the last seven days resulted in a loss with the daily ratio of XRP transaction volume displaying a reading of 0.97. Ripple’s XRP bearish sentiment continues as it struggles to break back into the $0.50 zone. At press time, the altcoin was trading at $0.49 after surging by 0.5% in the last 24 hours and declining…
12 months ago
Bitcoin ETFs Witness 18 Straight Days Of Inflows, Options Traders Eye $100,000
US spot Bitcoin ETFs have experienced a noteworthy streak of net inflows for 18 consecutive days, contributing to the upward momentum of the leading cryptocurrency as it inches closer to its all-time high levels set in March. According to Bloomberg data, these ETFs, managed by some of the world’s largest financial institutions, have attracted net subscriptions of $15.6 billion since their launch on January 11, bringing total assets under management to a substantial $62.3 billion. Record-Breaking Demand For Bitcoin ETFs…
1 year ago
Is This the Next Solana Meme Coin To Explode? Traders Think Seal Token Could 100x
The post Is This the Next Solana Meme Coin To Explode? Traders Think Seal Token Could 100x appeared first on Coinpedia Fintech News The Solana meme coin market is brimming with opportunity, but traders think Sealana ($SEAL) could be next to explode. Having raised over $3 million in its presale, several leading industry figures have rallied behind the project, setting a bullish precedent for its exchange launch. The Sealana presale is ongoing at a single fixed price of $0.022. However,…
1 year ago
Margex Announces $5 Million BOME Airdrop for High-Volume Traders, June 5-17
Victoria, Seyshelles, June 5th, 2024, Chainwire Margex, a cryptocurrency trading platform, is excited to announce a $5 million airdrop of Bome (BOME) tokens. Margex is offering users the chance to earn a share of a $5 million Bome (BOME) memecoin airdrop. Users with the highest trading volumes between June 5 and June 17, 2024, will have the opportunity to win part of this $5 million Bome (BOME) airdrop. Bome (BOME), also known as Book of Meme, is a cryptocurrency memecoin…
1 year ago