The post Solana Price Prediction: Peter Brandt Predicts SOL Price Will Likely Drop To This Level appeared first on Coinpedia Fintech News
Solana (SOL) network, a top-tier layer-one (L1) blockchain competing with Ethereum (ETH) to democratize smart contracts, has been a hot topic in the past few months. On one side, the Solana network has been applauded for onboarding millions of investors to the Web3 industry through its meme coins and decentralized financial (DeFi) platforms As the …
The post Cardano Price Prediction: Here’s When ADA Price Will Surge Above $1 appeared first on Coinpedia Fintech News
The Cardano (ADA) price has recently fallen, dropping to around $0.58 amid a broader market sell-off. But don’t count ADA out just yet—some experts believe it’s about to make a comeback—big time. ADA to hit $1.70, If Crypto analyst Ali Martinez remains optimistic, predicting a significant surge in ADA’s price shortly. Initially made in mid-March, …
The post FTM Price Jumps 17% With A 70% Upside Potential To $1.75 appeared first on Coinpedia Fintech News
With the Fantom market cap inching closer to the $3 billion mark, its native token is on a bullish roll. The FTM token price showed a massive overnight jump despite the weakness in the overall market as Bitcoin slid under the $70,000 level. With the increasing volatility and rising fluctuations in the BTC price, will …
The post These Top Solana Meme Coins Offer 100% Surge This Week appeared first on Coinpedia Fintech News
With the massive upswing in the crypto market, as Bitcoin hits $72,500 this Sunday, the altcoins are racing at higher speeds. Amidst the top performers, the meme coins are standing tall with the anticipation of a bigger jump soon. With the pre-halving craze picking up pace, meme coins like Dogwifhat and Bonk could be the …
The post ENA Price Prediction: Blockbuster Breakout Rally Aims For $2 appeared first on Coinpedia Fintech News
As the entire altcoin market finds an overnight boost, the bullish trend continues in the Ethena Labs token. With the ENA token price rising day by day, the underlying demand seems healthy and growing, with no visible signs of exhaustion. The uptrend signals a breakout rally, with the altcoin gaining momentum as the overall market …
The world of memecoins continues to be a rollercoaster ride, and Pepe (PEPE) is no exception. Recent on-chain data reveals a surge in tokens moving out of exchanges, potentially signaling a bullish sentiment among investors. However, conflicting indicators cast a shadow of doubt on the sustainability of this upward trend. Related Reading: Solana Primed For Takeoff? Expert Analysis Points To Buying Opportunity Pepe Soars Out Of Exchanges, Suggesting Investor Confidence A significant development for PEPE is the movement of a large number of tokens away from exchanges. According to Santiment, a blockchain analytics platform, the supply of PEPE outside exchanges reached a staggering 243 trillion on April 7th. This sharp rise compared to March 12th indicates a potential decrease in selling pressure. Source: Santiment Price Recovery, Rising Volume Hint At Potential Upswing Further bolstering the bullish case for PEPE is the recent price increase. Over the last 24 hours, the memecoin has experienced a nearly 10% surge, suggesting a potential recovery from a recent slump. In addition to the observed price fluctuations and projected price range for Pepe, it’s worth noting the significant increase in trading volume surrounding the cryptocurrency. This surge in trading activity not only reflects a heightened level of engagement within the Pepe community but also suggests growing interest from external investors and traders. Bitcoin is now trading at $71.879. Chart: TradingView The uptick in trading volume serves as a key indicator of market sentiment and could potentially serve as a catalyst for further price gains. Historically, increased trading activity has been associated with periods of price appreciation, as it signals a greater level of market participation and liquidity. In turn, this heightened liquidity can attract new buyers to the market, further bolstering demand and potentially driving prices higher. Investor Sentiment Tells A Different Narrative However, not all signs point towards a clear path to success for PEPE. While the token movements suggest some bullishness, a crucial metric paints a contrasting picture. The Weighted Sentiment, which reflects investor sentiment towards PEPE, has recently declined. Related Reading: Bitcoin Dips, But Don’t Panic: ETFs See Three Days Of Bullish Inflow This could indicate a weakening of investor confidence and potentially foreshadow a decrease in demand for the memecoin. If this metric continues to fall, it could invalidate the current bullish bias surrounding PEPE, making a significant price hike less likely. Quick Technical Overview On a brighter note, PEPE shows strong bullish momentum with a 74/26 split favoring positive sentiment. This aligns with the recent price increase and suggests continued investor optimism. However, it’s crucial to monitor social media chatter and news articles for any potential shifts in sentiment that could impact price movement. While the current outlook is positive, remaining vigilant is key in this volatile market. Source: Changelly PEPE Price Prediction Meanwhile, amidst the volatility of the cryptocurrency market, Pepe’s price fluctuations have captured the attention of crypto experts, prompting projections for its trajectory in April 2024. Analyses indicate an anticipated average PEPE rate of $0.0000140 during this period, reflecting both the potential for growth and the inherent uncertainty within the market. While these projections offer insights into the expected average price, it’s essential to acknowledge the range of possibilities. Experts suggest that Pepe’s minimum and maximum prices in April 2024 could vary significantly, with estimates ranging from 0.00000745 to 0.00000745. Featured image from Pexels, chart from TradingView
The post Top Reasons Why Ethereum Might Melt Faces Soon, Here Are the Potential Targets for ETH Price Rally appeared first on Coinpedia Fintech News
The pre-halving rally appears to have resumed as the Bitcoin price sliced through the local resistance to reach levels above $72,000. In the meantime, while the markets were exhibiting tremendous volatility, the Ethereum price has been largely stable. The price has been illustrating a similar pattern that it followed in history and eventually triggered a …
The post Bitcoin Halving in 12 Days: Here’s What To Expect On April 20th appeared first on Coinpedia Fintech News
The crypto market is enthusiastic, with just 12 days remaining until Bitcoin’s fourth Halving. This historic event, set to occur on April 20, 2024, marks a significant milestone in Bitcoin’s journey, impacting its economy and generating excitement among investors. However, historical data suggests that Bitcoin’s value has surged after each halving, sometimes reaching remarkable gains …
The post Top Altcoins to Accumulate While Crypto Markets Consolidate Ahead of Bitcoin Halving appeared first on Coinpedia Fintech News
The crypto markets are trying hard to recover after facing an acute pullback in the past few days. Bitcoin’s price had fallen below $65,000, bringing the entire cryptocurrency market to its knees. Among them, there are some altcoins which are displaying acute strength and may go along with a minor change in the trade dynamics …
The post Tezos Price Prediction 2024, 2025, 2030: Will XTZ Price Regain $2 Mark This Year? appeared first on Coinpedia Fintech News
Story Highlights The live price of Tezos token is XTZ price could soar as high as $2.26 by the year 2024. Tezos price with a potential surge could go as high as $1.06 by 2030. Tezos road to stardom was not an easy one, given the challenges, the coin has fast gained ground. Moreover, the …
The post Altcoin Season on Horizon: With Bitcoin Halving in 3 Weeks, Here Are The 3 Trends To Watch appeared first on Coinpedia Fintech News
As Bitcoin ($BTC) keeps breaking records, some investors hesitate, fearing they missed the crypto rally. But our crypto enthusiast Cyclop has a different perspective. He sees the market cycle just starting, with altcoins ready to make significant moves. This crypto shift came to light with Bitcoin’s struggles to stay above $72,000, creating selling pressure and …
Solana (SOL), a prominent player in blockchain technology, finds itself at a crossroads. While crypto analyst Altcoin Sherpa remains bullish on its long-term potential, recent price drops and a surge in failed transactions raise concerns. Is Solana Poised For A Major Rally? Sherpa, known for simplifying complex investment strategies, suggests a buying range of $168-208 for SOL. He emphasizes a long-term approach, advocating patience over short-term price movements. This aligns with Solana’s reputation for innovation, offering a fast and scalable platform for decentralized applications (dApps). Its growing popularity and strong foundation in blockchain technology further solidify Sherpa’s optimistic outlook. $SOL: It’s very simple- buy within this $168- $208 range and don’t think too much about price for the next few months. Watch # go way higher. The end. pic.twitter.com/InCvCIRdzo — Altcoin Sherpa (@AltcoinSherpa) April 4, 2024 The analyst urges investors to exercise patience and adopt a long-term perspective while dealing with the erratic cryptocurrency market and advises against overanalyzing the short-term price fluctuations. Related Reading: Trouble Ahead? Binance Coin Futures Market Under Pressure With Negative Funding Rates By contrast, he advocates refocusing towards a broader point of view, emphasizing that significant profits could result from a less fearful response to price fluctuations within the suggested purchase frame. In light of the volatility of cryptocurrency investments, this perspective offers some degree of clarity and suggests that Solana’s value is about to see a significant increase. But, SOL Price Is On The Weak Side However, Solana’s recent price performance paints a different picture. Over the past 24 hours and the last week, SOL has experienced a slight decline. This dip comes amidst a period of high trading volume, exceeding $4.3 billion in the last day alone. While high volume can indicate strong market interest, it can also be a sign of volatility. Further dampening investor sentiment is a concerning rise in failed transactions on the Solana network. Data from Dune Analytics reveals a staggering rate – nearly three-quarters of all transactions on the SOL chain have failed since March 2024. Source: Dune Analytics While bots causing spam are attributed to most of these failures, legitimate users interacting with the blockchain for swaps or decentralized exchange (DEX) transactions could also be affected. This network congestion raises questions about Solana’s scalability, a core strength Sherpa highlights. The Road Ahead For SOL Solana’s future trajectory hinges on its ability to address these network issues. Developers are actively working on solutions, but it remains to be seen if they can effectively mitigate the problem. Addressing scalability concerns will be crucial to maintaining user confidence and attracting new ones. Total crypto market cap is currently at $2.405 trillion. Chart: TradingView The contrasting perspectives on Solana highlight the inherent volatility of the cryptocurrency market. Investors considering SOL should carefully weigh Sherpa’s long-term vision against the recent price decline and network issues. Related Reading: Dogecoin Deflates: What’s Behind The 20% Price Drop Amidst Memecoin Mania? Looking ahead, several factors will influence Solana’s future. The success of upcoming projects built on its platform and the broader adoption of blockchain technology will play a significant role. Additionally, regulatory developments and the overall performance of the cryptocurrency market could also impact SOL’s price. Solana remains a force to be reckoned with in the blockchain space. Its innovative approach and strong foundation are undeniable. However, overcoming network congestion is paramount to fulfilling its long-term potential. Featured image from Pexels, chart from TradingView
The post After Exhibiting Extreme Volatility, Bitcoin Consolidates Within a Range: Here is What’s Next for BTC Price Action appeared first on Coinpedia Fintech News
The recent price action has compelled market participants to think about whether the Bitcoin price is still going deeper. No sooner than the token faced rejection in an attempt to sustain itself above $72,000, the selling volume intensified. Despite this, the price has managed to trade within a key support zone. Therefore, is it fair …
The post Bitcoin Cash Price Records 29-Month High! BCH Price To Hit $1,000 In Q2? appeared first on Coinpedia Fintech News
Despite the elite cryptocurrency displaying a mixed sentiment, the industry has displayed a bullish trend reversal in the market as top altcoins and mid-cap tokens record significant uptrends in their respective portfolios. Bitcoin cash price has successfully regained momentum after testing its low of $584, indicating increased inflow in the market. Moreover, the upcoming Bitcoin …
The post PEPE Price Eyes A Breakout Rally With Bitcoin’s Resurgence appeared first on Coinpedia Fintech News
As the bull run in Bitcoin regains momentum after the successful retest of the $65,000 mark, a fresh breeze of relief starts in the market. Amidst this recovery, the PEPE meme coin shows a potential price jump despite the ongoing correcction phase. As the anticipation of a bounce back grows intense amognst the sideliners, the …
The post DOGE & SHIB Meme Coins Prep For The Next 100% Surge appeared first on Coinpedia Fintech News
With the Bitcoin price gaining momentum, the meme coins are preparing to return to the top performers list. Amidst the resurgence of buyers, the Dogecoin and Shiba Inu price charts display an opportunity to buy the dip after the recent correction. However, the market’s buzz about the potential reversal spot in the meme coins is …
The post Crypto Analyst Warns: Beware Meme Coins Amidst Bitcoin’s Consolidation appeared first on Coinpedia Fintech News
On Crypto Banter’s channel, analyst Sheldon has issued a warning. He discussed Bitcoin’s recent sideways movement, saying it does not indicate a directional trend but rather a consolidation phase. Despite attempts to push for a lower low, Bitcoin remains in a bull flag pattern, signaling potential for upward movement in the near term. While altcoins …
The post New Altcoins Poised For 40x Gains In April appeared first on Coinpedia Fintech News
After an almost successful March for altcoins, analysts have already started listing coins which might soar in April, which is considered a ‘favorable’ month. Conor Kenny, in a new video, listed a few altcoins that have brought him a whopping 40x gains. Altcoins Poised for April Surge Vanar Chain Vanar Chain has caught Kenny’s attention …
The post Bitcoin (BTC) Price Will Not Drop Below $60K : Predicts Crypto Analyst PlanB appeared first on Coinpedia Fintech News
This is something that’s bound to interest you! A noteworthy prediction has emerged from the creator of the widely used Stock-2-Flow (S2F) model. PlanB, known for accurate market calls, confidently declares that Bitcoin’s value is on the brink of a significant surge, emphasizing that it won’t dip below $60,000 again. Bitcoin’s recent surge to a …
Bitcoin is likely to remain range-bound for a few days as the bulls and the bears battle it out for supremacy before the halving.
The post Bearish Flag Fluttering Over XRP Price: It May Reach $0.5 if This Trade Plays Out Well appeared first on Coinpedia Fintech News
While the broader markets are trying hard to fight the bearish influence, XRP prices do not appear to have followed the trend. The March trade remained consolidated within a narrow range but at the start of the month, was extremely bearish. The levels slipped from the consolidated zone around $0.62 and dropped by over 8% …
The post Here is Why You Need to be Bullish on Solana: A Fresh Bullish Spell Could Trigger a 30% Jump appeared first on Coinpedia Fintech News
Regardless of the prevailing market conditions, the Solana price has maintained significant strength. Although the traders have shifted their focus away from the token to a large extent, the price continues to trade within a bullish range. This indicates that the SOL price may kick off a fine upswing soon after the trade shifts back …
The post LADY Price Clings At Reversal Zone, Eyes 170% Hike appeared first on Coinpedia Fintech News
As the entire market witnesses a bearish phase, meme coins like Milady are under pressure extreme selling pressure. With the LADY token price down by 50% in just 21 days, the overall sentiment surrounding the token is bearish. With a bearish trend in motion, the potential reversal in the overall market trend could pump Milady …
The post Memecoin Bloodbath Continues! Dogecoin To Retest It’s Low Of $0.15? appeared first on Coinpedia Fintech News
The crypto market started the month of April on a bearish note, highlighting increased selling pressure in the crypto space. Further, the leader of the memecoin category, Dogecoin price, has recorded a correction of over 12% in valuation, resulting in this altcoin breaking down its support level. Furthermore, the top five memecoins have displayed a …
The post Why Are Crypto Markets Down Today: Is It Pointing to a Massive Crash? Here’s What You Should Know! appeared first on Coinpedia Fintech News
The Bitcoin price is plunging! The levels are now approaching the crucial support level of close to $66,000, despite the volume remaining relatively low. This suggests the buyers are sceptical about the upcoming price action, which has compelled the traders to think about whether to buy or sell Bitcoin. As a result, the price has …
The post April’s Most Anticipated Crypto Events Revealed: Here’s What in the Store appeared first on Coinpedia Fintech News
April 2024 is an important month in the growth and development of the world of cryptocurrencies. A series of significant events lined up on the horizon, starting from the highly anticipated Bitcoin halving to important /legal proceedings involving big crypto firs and their once CEOs, as well as groundbreaking project developments. Let’s take a deeper …
The crypto market is transitioning from the "enthusiastic bull" phase to the “euphoric bull” phase, explains lead on-chain analyst James Check in a latest Cointelegraph interview.
The post Investors Double Down On Bitcoin And Ethereum Amid Market Dips! Here’s What To Expect From BTC And ETH Price Next appeared first on Coinpedia Fintech News
As we head toward the Bitcoin halving event, just a few days away, the market is experiencing a battle between the bulls and bears. Buyers are pushing hard to set a new all-time high for Bitcoin ahead of the event. Meanwhile, despite the presence of sellers at resistance levels, every dip in Bitcoin and Ethereum’s …
The post Why is The Dogecoin (DOGE) Price Up Today? appeared first on Coinpedia Fintech News
Dogecoin (DOGE) is making headlines again, outperforming major altcoins, surpassing Cardano, and landing itself in the prestigious 9th spot. Top Reasons Behind DOGE Price Rally DOGE Whales are making a comeback, creating excitement. Also, $5.5 million in bets against Dogecoin were wiped out in a day, signaling optimism for the meme-based cryptocurrency. Data shows that …
The post Ripple Continues to Maintain a Consolidated Trend; Can It Reach $0.7 in April 2024? appeared first on Coinpedia Fintech News
The crypto markets close the quarterly trade within a consolidated range, as the bears have had a significant hold over the markets. While the BTC price is struggling to sustain above $70,000, the altcoins are also finding it extremely difficult to maintain an ascending trend. Meanwhile, popular altcoins like Ripple (XRP) are manifesting the possibility …