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
Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement
The post Dogwifhat & The Graph Traders Pivot to Kelexo (KLXO) P2P Lending, Eyeing High Returns as BTC Halving Fuels Market Excitement appeared first on Coinpedia Fintech News Dogwifhat (WIF) and The Graph (GRT) are on traders’ radars as they try to find their way in the furious crypto market. On the other hand, Bitcoin (BTC) reached its significant milestone, overcoming a key resistance level. Dogwifhat (WIF) wild ride shows how volatile meme coins are, but experts say it may…
1 year ago
Amid Eid Celebrations Ethereum (ETH) & Solana (SOL) Traders Find Promise in Kelexo (KLXO) Stage 2 Launch Targeting 10X Rewards
Ethereum (ETH) and Solana (SOL) are switching places in trying to recover a higher price tier. Both tokens serve as key infrastructure for decentralized applications. For now, trading is bound in a range, where Ethereum (ETH) is yet to recover $4,000 and Solana (SOL) is still away from the $200 mark. At a time when even top tokens fail to deliver, Kelexo (KLXO) is running its promising presale with a deep discount and a chance to enter a blue chip…
1 year ago
Polkadot Price Analysis: DOT Soars 4% Daily as Traders Brace for Incoming Volatility
After a period of subdued consolidation near the crucial $6 support region, Polkadot’s price encountered significant buying pressure, initiating a notable upward swing. As a result, the crucial 0.5 Fibonacci level ($8.8) appears to be Polkadot’s next mid-term target. Polkadot Price Analysis: Technicals By Shayan The Daily Chart As part of our comprehensive Polkadot price analysis, we examined the notable recent changes in the market behavior. A closer look at the daily chart reveals that after consolidation around the significant…
1 year ago
Bitcoin Traders Reduced Exposure Ahead of Halving: CryptoQuant
Bitcoin’s fall to $61,000 over the weekend was a result of market participants reducing their exposure to the digital asset ahead of the halving slated for April 20, according to the latest CryptoQuant weekly report. Analysts said traders closed their long positions to take profits, and now, the volume of sell orders in the perpetual futures markets is dominating buy orders. This is evident in the Buy Sell Ratio, which has declined below one. The ratio rallies above one when…
1 year ago
Some Traders Think This New Meme Coin Could Explode After Raising $7.5 During Crypto’s Price Crash This Week
Some traders are increasingly starting to believe that a newly emerging multi-chain meme coin is setting the foundation to become the next doge-related project to explode. While the market undergoes a brutal pullback, with many top-20-ranked platforms dropping 20% this week, Dogeverse ($DOGEVERSE) has raised a staggering $7.5 million. Investors are rushing to get positioned in the meme coin due to its multi-chain infrastructure, interesting tokenomics, and staking opportunities. Crypto Prices Plummet Amidst Middle East Uncertainty Crypto prices continue to…
1 year ago
Some Traders Think This New Solana Meme Coin Might Explode When It Lists on Exchanges in 10 Days
Meme coin investors have a new obsession, and it’s an unlikely one: Slothana. This sloth-themed token is set to hit exchanges in just 10 days – and some traders believe that the upcoming listing of Slothana (SLOTH) could be the catalyst for an explosive price pump. Hilarious Backstory Behind Crypto’s Hot New Sloth-Themed Token Slothana has quickly become one of the hottest new tokens in the meme coin space. This Solana-based project revolves around a chill sloth mascot that oozes…
1 year ago
Bitcoin Plummets Below $60,000: Traders Liquidate $115 Million Amid Halving Fears
Bitcoin’s price dropped below $60,000, with a 3% decrease in 24 hours, triggering traders to sell off assets and liquidate positions, resulting in a significant drop in trading volumes. The impending Bitcoin halving event on April 20 has heightened market volatility as traders anticipate shifts in market dynamics. Bitcoin witnessed a significant price drop below the $60,000 mark. This price decline comes just days before the highly anticipated halving event, causing traders to liquidate positions in the market. According to…
1 year ago
Bitcoin Analyst Set Sight On $79,591: Urges Traders To Be Patient
While Bitcoin prices hover around 15% below their all-time highs, with some skeptics predicting more losses, one analyst on X expects the coin to bounce strongly, even breaking above all-time highs. Taking to X, the trader argues that Bitcoin has yet to breach the Golden Ratio Multiplier’s Cycle Top, currently sitting at $79,591. Supposedly, the analyst continues, this target price increases the longer it remains unchallenged. Bitcoin Traders Need To Be Patient So far, BTC is trending lower and is technically within…
1 year ago
Ripple & Polkadot Traders Anticipate Massive Gains on Groundbreaking Exchange, Fezoo During Presale
Whispers are swirling through the crypto markets, with Polkadot (DOT) and Ripple (XRP) holders placing a bullish bet on the revolutionary Fezoo exchange. But what's driving this interest in a newcomer, and how might Fezoo's features impact the price potential of its own token (FEZ)? Let's delve into the recent performance and historical context of these coins to understand their motivations and Fezoo's potential growth trajectory. Polkadot (DOT): Seeking DeFi Nirvana Beyond Ethereum's Bottlenecks Polkadot (DOT), currently priced at $8.54,…
1 year ago