The post ChatGPT Predicts Shiba Inu (SHIB) Price For May: What’s In Store For The Memecoin appeared first on Coinpedia Fintech News
The underlying demand is rising, and sideline traders and institutional investors anticipate a bullish recovery. Surprisingly, the top choices for best performers are meme coins like Dogecoin and Shiba Inu, known for their massive price jumps. Despite a weak bullish trend in the past few weeks, the general trend in the SHIB token is sideways …
The post Polygon (MATIC) and NEAR Protocol (NEAR) Price Poised For Massive Spike Soon appeared first on Coinpedia Fintech News
The altcoin industry has established a solid bottom for the recent correction triggered after Bitcoin’s (BTC) price reached a local top of around $74,000. Since the Bitcoin halving event last weekend, the altcoin market has been gaining against the flagship coin, as observed in the dominance. Furthermore, the cryptocurrency market cap, excluding Bitcoin, TOTAL2, which …
The post MATIC Price Preps Trend Reversal With This Morning Star appeared first on Coinpedia Fintech News
Amidst the broader market crash, the MATIC price shows an intense correction phase as it reverses from a long-coming resistance trendline. The long-term trend in the Polygon continues with a lower high formation. With hardly any bullish impact seen of the Bitcoin Halving, the MATIC price awaits an altcoin season recovery. Considering the uptrend momentum …
The post Will Ethereum (ETH) Price Plunge To $2.8K As Bearish Trend Intensifies? appeared first on Coinpedia Fintech News
Following the worldwide market correction at the start of the month, the ETH price has been displaying a neutral trend in its chart, suggesting a constant decline in the price action for this altcoin in the market. The Ethereum token has recorded a correction of 14.28% over the past 30 days but has recorded a …
The post Top Altcoin Picks for 2024–2025 Crypto Bull Run appeared first on Coinpedia Fintech News
In a recent altcoin analysis, cryptocurrency analyst Matthew Perry, opened up about his top altcoin picks for the remainder of 2024 and heading into 2025. He dives into his chosen cryptocurrencies and the reasoning behind them. Perry starts by stressing the importance of having a strategic portfolio that includes coins with both growth potential and …
The post Wormhole Price Jump 20% Today! W Token To Hit $1 Soon? appeared first on Coinpedia Fintech News
The cryptocurrency industry has displayed a significant correction over the past day with top tokens experiencing a pull toward their important support levels. Moreover, the market leader, Bitcoin price, recorded a low of $62,783.63 during this time. On the other hand, the Ethereum blockchain’s Wormhole token has displayed a significant bullish reversal in its chart …
The post BTC Price Drop Pressures $60K, Will Bulls Return For Breakout? appeared first on Coinpedia Fintech News
The recovery rally that started last weekend in the crypto market remains short-lived, as the BTC price took a huge dip last night. The downfall comes with twists and turns in the misinterpreted relationship between Blackrock and HBAR. The first-ever zero inflow day for $IBIT and the looming 3-year jail time for CZ fuel the …
The post Bitcoin (BTC) Price to Consolidate Longer Before a Parabolic Rally: Here’s Why appeared first on Coinpedia Fintech News
Five days after the fourth Bitcoin (BTC) halving, the flagship coin is still trapped inside a horizontal range between $60,000 and $74,000. Bitcoin’s price has been grinding higher in the past two weeks, trading at about $66,377 on Wednesday during the mid-London session. The trading instrument has established a solid support level of around $64,903, …
The post Hedera(HBAR) Price Soars 70% on False BlackRock Association appeared first on Coinpedia Fintech News
Hedera’s announcement on Tuesday about tokenizing BlackRock’s U.S. Treasury money market fund on its blockchain sparked a significant surge in trading activity for the platform’s native cryptocurrency, HBAR. However, it’s important to clarify that BlackRock was not directly involved in this tokenization project on Hedera. The news has opened the floodgates to TradFi giants realizing …
The post Solana-Based Memecoins Surge! WIF And Bonk Price To Jump 50% In May? appeared first on Coinpedia Fintech News
The Solana ecosystem has displayed a significant uptrend in its valuation over the past weekend, indicating a rise in bullish sentiment for this category. Moreover, the SOL-based memecoins have recorded a bullish trend reversal, suggesting a positive price action for these tokens. The most successful memecoin on the Solana blockchain, the WIF price has added …
The post Solana Holds Above $150 Amid Mixed On-Chain Metrics: Here’s The Next Price Level For SOL appeared first on Coinpedia Fintech News
Recently, Solana (SOL) has attracted considerable interest as its price has consistently recovered from previous lows. This positive trend followed Bitcoin’s recovery toward the $66,000 mark. Despite this bullish market sentiment, Solana has experienced a decline in its crucial on-chain metrics. However, several metrics continue to build strong buying demand for Solana, creating a mixed …
Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Source: CoinMarketCap Related Reading: Solana Meme Coin Massacre: 12 Projects Gone In 30 Days, $27 Million Vanished Ether’s Challenging Trajectory Since last week, the lower timeframes have seen repeated breaches of the $3,000 psychological threshold, and the enthusiasm surrounding the altcoin king has significantly waned. This downward pressure is further underscored by the notable drop in Open Interest (OI) behind ETH futures contracts, which plummeted from $10 billion to $7 billion in April alone. Such a decline suggests a recalibration in the futures market, potentially signaling a cooling-off period for speculative trading activity. Source: CryptoQuant Navigating Choppy Waters However, amidst the uncertainty, there exists a glimmer of hope for ETH bulls. Historical precedents, such as the mid-February 2021 correction, offer insight into the resilience of Ethereum’s price. Following a similar dip from an all-time high of $1,900 to $1,400, Ethereum experienced a V-shaped reversal, demonstrating the market’s propensity for swift recoveries. This historical context serves as a guiding light for investors navigating the choppy waters of cryptocurrency volatility. Total crypto market cap currently at $2.3 trillion. Chart: TradingView On the social sentiment front, Ethereum’s trajectory has been a tale of two halves. While sentiment was strongly positive in February and briefly in mid-March, a negative sentiment has dominated as prices entered a correction phase. Factors such as high gas fees on the Ethereum network have likely contributed to this shift, highlighting the impact of practical considerations on market sentiment. Ethereum: Fundamental Metrics Examining Ethereum’s fundamental metrics provides further insights into its current state. Network growth has slowed in recent months, signaling a potential decline in demand. However, a closer look reveals a silver lining: the 90-day mean coin age has trended steadily higher since late March, indicating a network-wide accumulation of ETH. Ether price action in the last 24 hours. Source: CoinMarketCap As Ethereum continues to navigate these turbulent waters, all eyes are on key resistance levels. Breaking above the $3,300 barrier could instill confidence among traders and investors, potentially heralding a new wave of bullish momentum. However, uncertainties loom large, particularly in light of the broader market dynamics and the selling pressure on Bitcoin, Ethereum’s perennial counterpart. Related Reading: Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycle’s Bottom While challenges abound and uncertainties persist, Ethereum’s historical performance and fundamental strengths offer hope for a brighter future. As investors brace for potential headwinds and opportunities alike, Ethereum stands poised to weather the storm and emerge stronger on the other side. Featured image from Pexels, chart from TradingView
The post Top Meme Coins To Buy Post Halving For 10X Jump appeared first on Coinpedia Fintech News
With the rising demand for low-cap altcoins, meme coins are making the must-buy lists of retail investors. Further, known for sharp and huge price pumps, meme coins are the go-to choice in the crypto industry for massive returns. In the sea of such community and hype-driven altcoins, some display a stronger setup with higher possibilities …
The post Pepe Struggling to Break Above Resistance, Will Bears Let a Price Rise Above $0.000008? appeared first on Coinpedia Fintech News
As the Bitcoin price rebounded from the lows close to $60,000, the markets appear to have gained significant momentum. The Pepe price has led the memecoins by marking 3 consecutive bullish signals after a tough fight between the bulls and the bears. Now that the price has triggered a bullish upswing, it is interesting to …
Bitcoin and altcoins have turned bullish following the BTC supply halving. Are new all-time highs in the making?
The post Core Price Prediction: CORE Price To Hit $3.5 Soon? appeared first on Coinpedia Fintech News
The Core price has displayed a significant uptrend by adding 10.36% to its portfolio within the past day. Moreover, it has added 40.88% within the past seven days and 307.22% over the past 30 days, highlighting a positive outlook for this altcoin in the long-term perspective. After displaying a neutral trend by trading in a …
The post Growing Demand Fuels NEAR Price Recovery, Eyes $12 appeared first on Coinpedia Fintech News
As Bitcoin finds an oomph of bullish momentum, leading to a 7.87% jump in the last five days, the altcoins are preparing for a turnaround. Amidst such altcoins, the NEAR protocol’s native token takes a price jump, teasing a prolonged uptrend. With a significant bullish reversal, Near protocol is ready to challenge the overhead supply …
Bitcoin surprised traders with a strong rebound after the halving, possibly setting a bullish path for BNB, NEAR, MNT and RNDR to follow.
The fourth Bitcoin halving has now been completed and crypto investors look forward to its outcome in terms of the price of Bitcoin and other cryptocurrencies. As the biggest crypto asset, the price of most altcoins are largely correlated with Bitcoin’s, making the halving event very important to all investors. Related Reading: Stablecoins Get A […]
The post XRP Price Milestone: Ripple CTO Touts 1500% Growth Over Seven Years appeared first on Coinpedia Fintech News
In the world of cryptocurrencies, XRP stands out not just for its technological foundation but also for the dramatic fluctuations in its market history and the contentious legal battles it has faced. Ripple’s Chief Technology Officer, David Schwartz, recently pointed out the robust long-term performance of XRP, noting a 1500% increase in its value since …
The post Bitcoin, Ethereum and XRP Price Prediction: Can we See Post-Halving Rally This Week? appeared first on Coinpedia Fintech News
With the successful Bitcoin Halving this Friday, the blockchain completes 840,000 blocks. Further, the halving reduces the mining reward to 3.125 Bitcoin per block. As the event is known for creating bull markets, the fourth halving comes at a rather wrong turn in global markets. As the U.S. markets stand at a vulnerable stage and …
The post Top Altcoins to Stack This Week Post Bitcoin Halving appeared first on Coinpedia Fintech News
Following the most-anticipated event in crypto history, the fourth Bitcoin Halving successfully occurred this Friday. However, the bulls are quite silent, considering the past performances around Halving. Nevertheless, the altcoins are stepping into the game and preparing for the next bullish surge. The shift in the underlying sentiments is partially visible in the price action in …
Following the much-anticipated Bitcoin halving, investors and analysts are now divided over its potential impact on the cryptocurrency market. With historical data serving as a guide, experts offer contrasting viewpoints on whether the event will trigger a surge in Bitcoin prices or lead to a sell-off. Related Reading: Stablecoins Get A Seat At The Table: […]
The post Ethereum (ETH) Price is Preparing to Break the Resistance, Can It Make It to $3500? appeared first on Coinpedia Fintech News
The Ethereum price is trading within a deep bearish trend after facing a rejection above $4000, registering daily, weekly, and even monthly losses. The daily RSI also dropped with a plunge in the price and has cemented below the average since then. This indicated an extended consolidation phase as the bulls and bears failed to …
The post Bitcoin Halving Impact On Top BRC-20 Tokens! What To Expect This Month? appeared first on Coinpedia Fintech News
The crypto industry completed its 4th Bitcoin Halving on 20th April, initially reducing the mining reward to 3.125 from 6.250. Further, the market leader, Bitcoin price, has displayed an uptrend of just over 3% post-halving. With this, the market sentiments are constantly rising and are expected to record a new high soon. This could result …
Crypto analyst Ali Martinez has drawn the Cardano (ADA) community’s attention to a crucial indicator that could be bullish for Cardano’s price. Based on his analysis, the crypto token could experience a rally that would cause it to rise to as high as $1. Related Reading: Stablecoins Get A Seat At The Table: US Senators […]
The post XRP Price on the Horizon: Analysts Predict Surge to $1.20 Amid Market Volatility appeared first on Coinpedia Fintech News
XRP, like many cryptocurrencies, is struggling with price fluctuations. While it has seen a modest recovery in the last 24 hours, it remains down in weekly, fortnightly, and monthly charts, reflecting ongoing volatility in the market. Despite this, traders’ renewed optimism is driven by a bullish prediction from a respected crypto analyst. XRP’s price stays …
The post RUNE Protocol Launches On The Bitcoin! What’s Next? appeared first on Coinpedia Fintech News
First proposed in September 2023, the RUNE protocol has gained significant attention from the crypto industry following its launch. The new token is designed to streamline the fungible tokens on the Bitcoin blockchain. The RUNES protocol minters have already spent more than 80 Bitcoins in fees to acquire these tokens. The RUNES protocol is assumed …
The post Telegram’s Toncoin Outshines Legacy Networks and Meme Coins appeared first on Coinpedia Fintech News
Big changes are happening in the world of layer one (L1) networks, thanks to the rising star of the Telegram-backed Toncoin (TON) blockchain. Toncoin recently knocked Cardano (ADA) out of the top ten digital assets and now, it’s overtaking Dogecoin (DOGE), a favorite of tech tycoon Elon Musk. Toncoin’s rise has been impressive. As of …
The post Shiba Inu Consolidates Within A Crucial Pattern Amid Declining Open Interest: Will Bulls Achieve A Breakout? appeared first on Coinpedia Fintech News
Amid Bitcoin’s recent surge to an all-time high of $73,600 in March, the meme coin market emerged as the most lucrative sector in the market, giving average returns exceeding 1,300% among the top tokens by market capitalization. However, with Bitcoin’s price retreating to the $60,000 level, traders are now setting their sights on potential gains …