With the crypto market stuck at $2.332T and Ethereum’s recent drop of 7% compared to Bitcoin, this suggests a bearish view. Amid such conditions, the majority of altcoins are painted red with a breakdown of crucial support or reversal with a failed breakout. However, some underrated altcoin gems reveal underlying potential to surge quickly if the …
Solana Price demonstrates acute strength and the ability to withstand bearish interferences occurring at frequent intervals. After hitting the lower support zone, the token rebounded very well, which revived the possibility of achieving $200 in the next few days. However, the current trade setup suggests that market participants may be required to wait for some …
Have you been scanning the crypto markets for the next big opportunity? The focus today is on two promising cryptocurrencies that are gaining traction: Cardano (ADA) and Mpeppe (MPEPE). These tokens, priced affordably, are anticipated to yield significant returns in the coming months. Let’s delve into why you should consider adding these two cryptos to […]
The cryptocurrency market is buzzing with anticipation as two prominent digital assets, Solana (SOL) and Mpeppe (MPEPE), make headlines. With Solana’s (SOL) meteoric rise and Mpeppe’s promising presale phase, investors are eager to see substantial returns. Here’s a deep dive into why now could be the perfect time to invest in these two tokens. Solana’s […]
The cryptocurrency market is bustling with activity, and investors are always on the lookout for the next big opportunity to maximize their returns. Recently, Ethereum (ETH) has been performing well, and savvy investors are now channeling their gains into the promising new meme coin, Mpeppe (MPEPE). This move comes as both strategic and opportunistic, aiming […]
In the dynamic world of cryptocurrency, shifts in market sentiment and technological advancements can dramatically influence the trajectory of different tokens. Recently, AI price predictions have indicated that Mpeppe (MPEPE) is set to outperform Shiba Inu (SHIB) over the next few months. This forecast has generated considerable buzz among crypto enthusiasts, who are keen to […]
According to the host of The House of Crypto, the time has come for a particular cryptocurrency ecosystem to experience major growth. In the previous bull market, Bitcoin saw a 232% rally in a few weeks. However, the biggest gains were not for Bitcoin holders, but for those invested in a specific ecosystem. This time, …
Solana is on fire once again. Looking at the current market scenario, analyst Altcoin Buzz said that this is impressive considering the project seemed defeated back in December 2022. Dubbed the “comeback kid” of crypto, Solana was valued at just $8 in December 2022, but today it stands strong at approximately $178. This impressive performance …
After a bullish Monday led by Bitcoin (BTC), the total cryptocurrency market cap slipped more than 2 percent to hover about $2.5 trillion on Tuesday. Bitcoin price dropped nearly 5 percent in the last 24 hours to trade at about $66,392 on Tuesday during the early trading session. As a result, more than $174 million, …
Memecoins gain strength as the markets turn bullish after Bitcoin displayed the possibility of achieving $70,000 anytime from now. Besides, the Ethereum price is strongly heading towards $3500, which raises the possibility of hitting $4000 in a short while from now. As a result, the memecoins have also become aware of an upcoming price action, …
The optimism around the crypto markets has increased as the Bitcoin price is heading firmly to secure $70,000. Besides, the other tokens within the top 10 are also displaying immense strength and approaching their respective resistance levels. However, XRP appears to be unaffected by the swelling positive sentiments as the price remains restricted within a …
With the price of Bitcoin heading toward its $70,000 mark, the crypto market has successfully regained momentum by recording a significant jump in valuation over the past few days. Moreover, the Solana price has displayed a strong bullish reversal by breaking out of its important resistance level. With the rising bullish sentiment, is this the …
In June this year, the Solana blockchain emerged as a hub for people who liked joke currencies. It was a busy month for everyone. The ecosystem now has 30 celebrity-themed tokens that reflect famous people from different fields, such as social media influencers, singers, and reality TV stars. Even though these launches got a lot […]
A crypto analyst has predicted that prominent meme coin and Shiba Inu competitor, Floki (FLOKI) is poised to witness a Dogecoin-like rally to new levels. This bullish projection comes on the heels of Floki’s recent listing on the leading crypto exchange, Bitstamp. Analyst Anticipates Major DOGE-Like Upswing For Floki In an X (formerly Twitter) post […]
The post Crypto Investment Strategies to Maximize Gains During This Altcoin Season appeared first on Coinpedia Fintech News
After hitting the year’s high in March, BTC is yet again peaking at $73,000; market analysts are buzzing about the potential for an explosive altcoin season. Here’s how experts suggest you can position your portfolio for this anticipated “Banana Zone”. Bee’s Strategy for Beginners A crypto analyst, Bee shares his insights for newcomers with limited …
The post Dogecoin(DOGE) Price Preparing for a Fresh Move: May Reach $0.5 in the Next Few Months appeared first on Coinpedia Fintech News
The crypto markets are recovering after a brief turbulence, with the major tokens receiving bullish support. Besides, memecoins are also gaining strength, with popular ones like Dogecoin displaying bullish prospects. The DOGE price has overcome massive bearish activity in the past few months. Therefore, the token is expected to trigger a fresh upswing of around …
Recent events have brought Solana (SOL) to the spotlight, drawing in both experts and investors due to its notable price gain. According to market expert Ali Martinez, the price of Solana is likely to see a remarkable growth of 900%, which will ultimately result in the price reaching $1,630. Related Reading: Ethereum Name Service (ENS) 153% Rally ‘Underway’, Analyst Says Based on his prognosis, Solana might be about to perform better in the coming weeks or months. This is because it has recently displayed a pattern called a “bull pennant”, which in technical lingo usually means the price is set for a big ascent. The next period of stabilization, during which volatility dropped and price action became more narrow, led to the pennant shape. Martinez says that Solana’s recent break above the top trendline of this pennant is a strong sign that prices will go up. This big step forward and last week’s 20% rise show that the market’s mood has changed a lot. #Solana $SOL has officially broken out from this bull pennant, suggesting a potential 900% rally ahead. pic.twitter.com/CWQdWGny0X — Ali (@ali_charts) July 24, 2024 Market Situation Shows Mixed Signs Notwithstanding the hopeful estimate, the state of the current market shows a mixed picture. Currently selling at $166, Solana shows a 9.70% drop only this week. Meanwhile, Fisher Transform, which predicts market turning moments, shows a bearish signal for Solana. This implies that although the break from the pennant is positive, instantaneous market circumstances could not entirely support the predicted upward trajectory. Observing that the TD Sequential indicator flashed a Sell signal on three separate timesframes for Solana, Martinez had earlier expected this retreat. He says that although the 868% increase to $1,630 is still a long-term possibility, it is not likely to happen right away. Solana: Forecast Creates A Complex Picture Unlike Martinez’s very optimistic view, current Coincheckup data offers Solana a more cautious estimate. Solana is selling 14% below its projected value right now, according the statistics for the next month. With a forecast 4.37% increase over the next three months, the short-term view is still cautiously positive nonetheless. This little rise implies that the crypto is likely to hold steady even if quick rebound might be sluggish. Related Reading: Debunking Doubts: How XRP Could Achieve A 3-Digit Surge — Analyst Looking ahead, the six-month projection shows a more significant increase of 72%, indicating great increasing momentum as the state of the market gets better. The one-year estimate also shows a 55% rise in Solana’s value, therefore highlighting a generally good long-term future. This long-term projection fits the general pattern of increasing confidence in Solana’s adoption and development despite transient swings. Featured image from TheStreet, chart from TradingView
The post Here are the ‘High-Risk’ Altcoins That May Attract Huge Profits in August—Do You Own Some? appeared first on Coinpedia Fintech News
The uncertainty over the crypto markets has been swelling as the prices of the top tokens have come within a menace range. Bitcoin and Ethereum, which were among the safest tokens to invest in, have now come under the radar as traders’ interest in the tokens has risen magnificently. Mainly after the launch of the …
The Financial Conduct Authority (FCA) has slapped the UK subsidiary of Coinbase – CB Payments Limited – with a $4.5 million penalty for breaking a voluntary agreement meant to stop high-risk customers from being onboarded. The FCA brought to light serious problems with the control systems at CBPL. Related Reading: Veteran Trader Champions Bitcoin, Says […]
MonoSwap, the distributed exchange and staking platform, said on July 24 that it has experienced a major attack, hence advising customers to take quick fund withdrawals. Related Reading: Sayonara! Gate.io Announces Withdrawal From Japanese Crypto Market The news rocked the crypto community as it underlined the constant dangers in the field of digital currencies. The […]
The post Altcoin Season Delayed To October 2025; But Here’s What’s Happening in Q4 appeared first on Coinpedia Fintech News
Monitoring altcoins remains crucial at a time when developments are flooding the market everyday. Whether focusing on memes, AI, gaming, RWA, or DeFi projects, the next altcoin season promises opportunities. The current bull market presents a rare opportunity to create generational wealth, according to leading market analysts. Altcoins are also poised for another season. Recent …
The post Solana Price Prediction: SOL Price Poised For 900% Surge to All-Time Highs appeared first on Coinpedia Fintech News
Solana’s (SOL) price has risen more than 26 percent in the past two weeks, signaling a possible bullish uproar ahead. The large-cap layer one (L1) altcoin, with a fully diluted valuation of about $104 billion, has gradually risen to almost retest the May high above $185. Following the recent approval of spot Ethereum (ETH) ETFs …
The post 2020 Altcoin Bull Run Setup Reappears: Stack These Altcoins Now For Maximum Gains appeared first on Coinpedia Fintech News
The altcoin market is currently experiencing a downtrend, but there could be a recovery soon. Analyst Crypto Jack said that a recent Ethereum chart resembled the setup that was before the 2020 altcoin bull run. Back then, after breaking resistance, Ethereum experienced sideways action before a significant surge. He is hoping for a similar scenario …
The latest research from Europol called the Europol Internet Organized Crime Threat Assessment makes it clear how thieves’ use of Bitcoin is changing. The report talks about the use of stablecoins like Tether (USDT) and Bitcoin for illegal activities, and how Monero is becoming more popular for private transfers, among other key findings. Related Reading: […]
The crypto industry seems excited and expectant following the US Securities and Exchange Commission (SEC)’s final approval of spot Ethereum Exchange-Traded Funds (ETFs). As investors await the official launch of the investment product, many have discussed the implications of today’s debut. Related Reading: Profit from the Dip: Hong Kong To Debut Asia’s First Inverse Bitcoin […]
One very promising crypto asset that is performing very well today in the crypto market is Chainlink (LINK). Many experts have noticed LINK’s price path as current market circumstances offer a combination of volatility and stability. Under a background of restrained market movement, Chainlink’s technical patterns suggest a bright future. Related Reading: ‘Early Signs Of Breakout’ – Solana To Explode By 900%, According To Analyst Technical Analysis Shows Promise According to new technical examinations, Chainlink is currently trading at $14.10, but a rise may be around the corner. It has been going down since it climbed recently. However, a well-known crypto expert, Ali Martinez, has seen a pattern form on the 4-hour chart that may just turn things around in LINK’s favor. #Chainlink appears to form a head-and-shoulders pattern on the 4-hour chart. A sustained close above $14.7 could send $LINK to $18.3! pic.twitter.com/v566HWIIrR — Ali (@ali_charts) July 21, 2024 Usually, this pattern – called the head and shoulders – indicates a negative trend reversal. Martinez points out, nevertheless, a major discrepancy in this situation. There are three peaks in the head-and-shoulders configuration; the centre peakᅳthe headᅳis tallest. The two adjancent peaksᅳthe shouldersᅳhave almost the same elevation. Usually, a decline below the necklineᅳwhich right now is at $14.63ᅳwould indicate a bearish change. Martinez advises, however, that Chainlink may ward off these negative consequences by keeping a price over $14.70, thereby paving the ground for a significant price rise to $18.3. Chainlink (LINK) Price Projection Based on the most recent analysis by CoinCheckup, Chainlink is selling around 90% below its projected value for next month. This notable undervaluation implies that LINK is presently going through a period of reduced price in relation to its expected future worth. Technical signs and market circumstances point to a positive future with projections of a 35% rise over the next three months. This expected increase suggests a possible trend of stabilisation and recovery. Longer-term forecasts seem much more positive. Forecasts of a 140% rise over the following six months reflect significant positive momentum and a potential recovery trend. The one-year projection of the platform supports this encouraging view even more by implying a 76% increase at the end of the year. Such forecasts highlight Chainlink’s prospects for significant appreciation, which makes it an interesting choice for those looking for long-term profits. Market Conditions And Levels Of Resistance More general market dynamics have shaped Chainlink’s recent pricing swings. Over the weekend, the market for cryptocurrencies showed modest volatility marked by a neutral candlestick development in Bitcoin. Related Reading: Terra Classic Poised For 280% Rally On ‘Major Recovery Strength’ – Analyst The technical signs are looking positive. The fact that the asset is now trading higher above both the 20-day and the 50-day moving averages is a highly encouraging indicator. As an additional point of interest, the average directional index (ADX) is decreasing and is currently at 25%, which indicates that the downward trend is beginning to slow down. This indicates that the price of LINK may increase in the near future. Featured image from Pixabay, chart from TradingView
The crypto market is again all shades of green, with Bitcoin and altcoins enjoying significant rallies. Crypto analyst Capo of Crypto has provided further optimism, suggesting that these tokens will still make more massive moves to the upside. “The Best Is Yet To Come” For Bitcoin Capo of Crypto opined in an X (formerly Twitter) post that the “best is yet to come” for Bitcoin and altcoins. He noted that Bitcoin is pumping, having reclaimed the $60,000 range as support. The crypto analyst added that altcoins also seem to have found their local bottom, meaning they are well-primed for massive rallies to the upside. Related Reading: Crypto Market Rebounds From Lows, But Why Are Cardano Holders Suffering Losses? With Bitcoin also back above $65,000, it seems that it is just a matter of when and not if before the flagship crypto reclaims the $70,000 range. Capo had previously mentioned that reclaiming the $65,000 level would be the next bullish confirmation for the flagship crypto. The analyst added that the market should expect high prices once that happens. As to how Bitcoin could rise, Capo stated that the main target would be the liquidity zone between $74,000 and $76,000. Bitcoin rising to these price levels would mark a new all-time high (ATH) for the flagship crypto. Crypto analyst Rekt Capital shared a similar sentiment with Capo, suggesting that Bitcoin’s successful retest of the $65,000 resistance level would send it back above $70,000. Bitcoin rising back above $70,000 is believed to be where the real fun begins, as crypto analysts like Michael van de Poppe had previously mentioned that the bull run will continue once the flagship crypto is back above this price level. Crypto analyst Crypto Kaleo had also recently advised market participants not to get shaken out. He stated that the market is still heading “way higher” and that a little more patience is needed before the “fun really starts.” “Huge” Altcoin Season Is Brewing Crypto analyst Mkybull Crypto stated in an X post that a huge altcoin season is brewing. He claimed that this cycle might be similar to the explosive altcoin season rally in 2017, as altcoins’ current price action shares a similar price action to that period. Mikyull Crypto added that the fakeout made many believe the altcoin season for this cycle had been written off but suggested that isn’t the case, as something similar happened in the 2016 post-halving cycle. Related Reading: CBOE Global Markets Lists Spot Ethereum ETFs, Confirms Launch Date Interstingly, Capo stated that he is most bullish on altcoins. He alluded to the Spot Ethereum ETFs, which are expected to begin trading this week. Crypto analysts predict that these funds could spark a massive rally for Ethereum and altcoins, by extension, which could help usher in the altcoin season as they outperform Bitcoin. Featured image created with Dall.E, chart from Tradingview.com
The post Bitcoin’s ‘Moon’ Phase Has Triggered Perfect Storm For Altcoins; Watch Out For Solana-based Coins appeared first on Coinpedia Fintech News
The crypto market is poised for what could be the perfect storm. According to analyst Kyle Doops of Crypto Banter, we have just witnessed a bullish “Moon” phase for Bitcoin. This recent development suggests that any pullbacks in the near future could be prime opportunities for entry points, as bulls aim to push Bitcoin above …
The post Crypto Bull Run Has Begun: Top Reasons to Invest Now! appeared first on Coinpedia Fintech News
Bitcoin is stabilizing this weekend after a rally, supported by strong ETF inflows and whale buying. The price may soon approach its all-time high of $73,750. Given the current bullish trend, investing could be a good time. Symbiote, a prominent crypto analyst, has painted a highly optimistic picture of Bitcoin’s future, attributing this positive outlook …
The post Solana Enters the Top 5 Rankings: SOL Price Poised to Hit $200 in Next 48 Hours appeared first on Coinpedia Fintech News
Solana has been displaying immense strength since the start of the year, rising from a single-digit figure to as high as $200. The token regained momentum quickly after the bearish activity, which validated the vigilance of the bulls at each curve. The SOL price has been marking consecutive bullish weekly closes, which suggests the token …