Analysts are highlighting a bullish flag pattern breakout in Injective capturing attention as it suggests further upsides. Now trading at $22.7, the cryptocurrency is poised to break above to more high targets, with a midterm price forecast of $66. Analysts Eyes $100 for Injective as Bullish Flag Pattern Breakout Occurs Crptyo analyst Captain Faibik’s highlights…
The Sui network is one of the blockchains that have demonstrated impressive growth in various main aspects of their operations. Its performance so far has been characterized by new milestones and one of the latest involves the USDC stablecoin. Sui revealed that USDC operating natively on its network surpassed $100 million. Even more impressive is…
The historical data for Bitcoin illustrated a repeating pattern akin to the events of 2017, marking a pivotal phase in Bitcoin’s market cycle. After Phase 1, where Long-Term Holders (LTHs) were accumulating, they began distributing their holdings, transitioning into what could be the next critical phase. This shift was evidenced by the increase in Short-Term…
Amid the ongoing bull run, recent data revealed that whales are now stepping into Avalanche (AVAX), indicating a potentially bullish signal. Currently, most cryptocurrencies are experiencing bullish breakouts, and with recent whale participation, it appears that AVAX may follow suit. Why AVAX Price is Increasing? On November 9, 2024, the large transaction volume of AVAX…
Tokens regarding U.S. politics have entered a solid downtrend, and specific tokens have taken a substantial hit as investors profit from the market. A brief surge comes from recent developments around former President Donald Trump, followed by a swift cycle of hype and sell-off. Among the most heavily hit were MAGA (TRUMP), MAGA, Super Trump…
After a significant price decline of over 50% since May 2024, Polkadot (DOT) is now poised for a notable upside rally. The potential reasons for this bullish speculation include recent price action, increased investor interest, and the current bullish market sentiment. Polkadot (DOT) Technical Analysis and Upcoming Levels According to expert technical analysis, since May…
With the Solana price reclaiming the $200 mark, the SOL ecosystem has experienced a significant uptrend in valuation this week. Following this, the Raydium price has almost 3xed its investors holding this month. Amid increasing price volatility in the cryptocurrency market, will Raydium price continue recording its positive trading streak or is this altcoin on…
A major Ethereum whale recently sold 29,897 ETH for $84.87 million at $2,839 per token, briefly introducing selling pressure. Despite this, Ethereum has shown resilience, currently trading at $2,918, up 3.18%, and holding above key support levels. The whale with 398,891 $ETH($1.14B) has sold 29,897 $ETH for 84.87M $USDC at $2,839 after the $ETH price…
Meme coin rally strengthens with Dogecoin, sparking optimism and renewed retail interest. DOGE gains momentum, mirroring Bitcoin trends and drawing fresh interest from new investors. Strong support boosts Dogecoin’s climb, setting the pace for Shiba Inu, FLOKI, and others. Meme coins have been trading green since the US election despite some fluctuations, with Dogecoin (DOGE)…
The altcoin market has recorded a strong bullish recovery this week with the Ethereum price successfully reclaiming the $3,000 mark for the first time since August. Following this, the Toncoin ecosystem has experienced a similar trend by adding massive value to its category. With the ongoing market sentiments, is the Telegram ecosystem on the verge…
Binance has added more assets to its Smart Arbitrage program. This allows users to participate with a minimum investment of 12.5 USDT. To further encourage the adoption of this new feature, Binance is launching a promotional campaign. The promotion is tied to the feature in which users stand to receive up to 45,000 USDT. Users…
By recording 5 consecutive days of positive price action, the Avalanche price is on the verge of achieving the $30 mark. Notably, the 12th largest cryptocurrency by market cap has added ~20% this week, making this the first such bullish week since August. With Bitcoin price achieving a new ATH each day, will the altcoin…
Analyst Benjamin Cowen recently shared his thoughts on the potential future of ETH and BTC, suggesting that while he doesn’t expect a drastic price drop, there’s still a chance for more downturns before things turn around. Here’s a breakdown of his analysis: ETH/BTC Bottoming Out Cowen said that the ETH/BTC pair may be approaching a…
Ethereum rallies past $3,000, sparking optimism for a potential $10,000 target. The analyst sees $3,000 as the start of a larger ETH rally, mirroring S&P 500 trends. Institutional inflows surge, with $217.9M in ETH ETFs over three days and zero outflows. Ethereum (ETH) has sparked optimism among traders as its price surged past the $3,000…
With a jump of ~7% in the past 24 hours, the DOGE meme coin has maintained its bullish sentiment in the cryptocurrency market. Notably, with a trading volume of $4.192 billion, the Dogecoin price is currently exchanging hands at $0.210. Amid present market sentiments, will the DOGE price achieve a new yearly high over this…
Since October 11, the Bitcoin market has grown by 27.01%. Post the US presidential election, the market has surged by 12.85%. The Altcoin market has also registered a growth of around 19.43% during the same period. A crypto expert, named Captain Faibik, suggests that the true Altcoin rally has not yet been started, indicating that…
Recent massive Bitcoin outflows from Binance suggest investors are moving holdings to private wallets. This is often a bullish indicator as it reduces selling pressure. With BTC at all-time highs, market participants may be preparing for further gains and long-term holding. Investors Move BTC off Binance, Reducing Selling Pressure The big Bitcoin outflow implies that…
With a market cap of $1.08 billion, ALGO price is currently ranking at 70th position in the crypto world. The ALGO token, trading at $0.1306, has increased by 7.15% in the past 24 hours. With a bullish recovery at play, will the bull run in Algorand tokens surge to $0.18? Let’s find out in our…
Dogecoin (DOGE) is expected to come across major resistance zones in the process as it moves upwards. A well-known market analyst familiar with Dogecoin under the pseudonym MadWhale said DOGE may try to hit the first barrier at $0.23, and then move to $0.34. As highlighted by the analyst, these levels have acted as a…
The traders seem to have become pretty optimistic over the ETH price rally as the levels have barged above $3000. After a 3-month-long consolidation, Ethereum has raised within the bullish range, suggesting the price could be poised to achieve the crucial resistance, which may elevate the levels beyond the bearish influence. Now that the bulls…
Crossing above the $600 mark, Binance’s (BNB) coin price surpasses a multi-month resistance zone. As the breakout rally creates a solid bullish candle, the bull run increases the chances of a new all-time high. Will this breakout rally result in a price jump to the $1000 psychological mark? Let’s find out in Coinpedia’s latest BNB…
Bitcoin marched above $77,000 and as mentioned in our previous composition, the long positions at these levels may have been cashed out. As a result, the levels have faced a small pullback, which has kept the entire crypto market under consolidation. However, one of the futuristic tokens, DRIFT, has attracted massive traders’ attention with an…
The Bitcoin market faces a period of uncertainty currently after hitting a new ATH presenting a period of dilemma for traders whether to take profits or still hold for more. The “Percentage of Addresses in Profit vs. Loss” chart for Bitcoin indicated that nearly all addresses were at the time in profit, a rare occurrence…
Brett (BRETT/USDT) is in a moderate bullish trend with a current trading price of $0.09413 up by 1.38%. Technical indicators are showing potential bullish moves. BRETT: Current Price Action and Trend The price is within the proximity of the 20-day Simple Moving Average SMA of $0.09367. Acting as a support level, this SMA suggests that…
Dogwifhat (WIF), the leading meme coin on Solana, now shows potential for an upward rally as it has formed a bullish price action pattern on the four-hour time frame. It has been nearly three days since significant upward momentum has been observed across most cryptocurrencies. Meanwhile, WIF has remained stable with no major price fluctuations….
Total transactions on Sui Network have surpassed Ethereum, coming in at 2.58 billion on November 6, 2024. As DeFi adoption continues to grow, CETUS Protocol has made huge exportation, becoming the first Sui-based Binance-listed token bringing some visibility and credibility. Sui Flips Ethereum in Total Transactions, Signals Rapid Network Growth Sui Network surpassed Ethereum in…
The frog-themed meme coin FWOG has risen by more than 4.75% today and is now trading at $0.45212. Some of the events, such as strategic whale purchases and obtaining a listing on SolCex, have led to a surge in the price and market capitalization of FWOG, making it one of the best meme coins on…
Ethena price has risen by more than 20% in the last 24 hours to its highest level in four months as the market anticipates a revenue-sharing proposal. The ENA token, is used in Ethena’s synthetic dollar protocol on the Ethereum blockchain. Its price increased in anticipation of a governance decision that will have a direct…
Cardano (ADA) has made a comeback in the market, gaining significant attention from the crypto community due to its impressive performance over the past few days. ADA’s performance has not only attracted investors and institutions but has also outperformed major cryptocurrencies such as Tron (TRX) and Toncoin (TON). Cardano (ADA) Current Price Momentum With its…
Binance’s founder, Changpeng Zhao, has hinted at a possible stake sale in the exchange. In recent discussions, Zhao said he would consider reviewing offers and bringing attention to the cryptocurrency sector. Such an offer is precisely what his openness signifies amid regulatory pressures and a new leadership structure. Market observers say this potential sale may…
The crypto market is on the verge of concluding the first week of November on a bullish note. This highlights a strong bullish outlook from the crypto space in the coming time. Moreover, the Ethereum price has jumped ~16% in seven days and is on the verge of reclaiming the $3k mark. With this, investors…
The Net Unrealized Profit/Loss (NUPL) chart for Bitcoin provided a vivid portrayal of investor sentiment and market phases. As of press time, Bitcoin had re-entered the ‘Belief’ stage. It is a phase characterized by returning confidence and long-term holding as prices rise significantly above the last major peak. The stage is usually followed by the…
Dogwifhat (WIF) token is now listed on Robinhood Crypto allowing European users to easily transfer this Solana-based token. With support from analysts who expect growth for WIF, and clear technical support at $2.245, possible targets are $10 by Christmas and $42 in May 2025. WIF Debuts on Robinhood Crypto, Utilizing the Platform for Easy E.U….
PEPE’s 18.34% surge last week hits resistance, signaling the potential for a 200% rally soon. More than 243,500 PEPE wallets profit as holders anticipate a possible breakout soon. PEPE’s exchange supply drops as bullish holders brace for a surge in the token’s value. PEPE has gained momentum in the memecoin market, capturing investor attention with…
Solana (SOL) is demonstrating technical strength as it challenges a crucial resistance level. Some analysts are suggesting a potential breakout toward the $202 mark. Rekt Capital Identifies Critical Development Prominent crypto analyst Rekt Capital has identified a critical technical development in Solana’s price action. The cryptocurrency has been grappling with a diagonal trendline resistance that…
PEPE has factored in an additional price increase of 3.43% in the last 24 hours. The memecoin’s daily trading volume has shown a 6.68% as per CMC data. In the last 24 hours, the overall crypto market has incurred a 3.80% increase in market cap. Amid the bullish markets, the sector has seen an increased…
The price of Bitcoin (BTC) continues to hold steady following the Federal Reserve’s decision to cut interest rates. The world’s leading asset recently reached an All-Time High (ATH) on the heels of Donald Trump’s Presidential election victory. Currently, BTC is trading at over $75,700, anticipating a major rally. The 25 Basis Interest Rate Cut On…
Days after recording a new yearly low, the Cronos (CRO) price launched its new roadmap on 06th November. Following the release, its native token “CRO” experienced a strong bullish reversal. This resulted in this altcoin regaining the spotlight of the crypto market. However, with the recent price surge, investors are concerned if this altcoin will…
Donald Trump’s second presidential win has sent ripples of excitement across the cryptocurrency market. Bitcoin led the charge, surging 10% to a new all-time high of $76,203, as buying activity spiked amid renewed optimism. Investors are showing confidence, with Trump’s pro-crypto stance expected to influence favorable policies for digital assets. This victory is fueling hopes…
Bitcoin bulls are fighting the bearish pressure as the levels are approaching back to $76,000, eyeing to form a new ATH above $76,500. The volume remains restrictive within the range, which has weakened the bulls to a certain extent. Meanwhile, the bulls are defending the interim support as it sustains the gains, aiming to reach…
Solana’s price surged over $200 after Trump’s reelection, marking a significant recovery. The cryptocurrency has gained 6% in the last 24 hours, pushing its market cap above $94B. Analysts predict SOL could reach new ATH if an ETF is approved amid regulatory optimism. The price of Solana has risen above $200 following the reelection of…
The US election result, it seems, has influenced the crypto market positively. Almost all the top cryptocurrencies have witnessed growth in the last 24 hours. Among the top ten cryptos, Cardano is the cryptocurrency that has experienced the largest growth in the said period. The ADA price has seen an enviable surge of 16.7%. Notably,…
As one of the top-performing Solana-based DeFi protocols with rising TVL, Jupiter (JUP) witnessed a ~35% price rally. With the altcoin reclaiming the $1 psychological mark, the uptrend eyes a bullish extension. Will this trend reversal rally in Jupiter reach the $2 with SMAs ready for a golden crossover? Find out more about Coinpedia’s JUP…
Fed rate cuts and Trump’s win drive strong institutional demand for Bitcoin (BTC). BlackRock’s Bitcoin ETF saw $1.1B in inflows, leading U.S. spot ETFs post-election. CME futures and options show rising institutional interest amid reduced volatility levels. Bitcoin has reached new all-time highs, driven by pivotal shifts in the U.S. financial and political landscape. Analysts…
Arkham Intelligence is fast growing and has now opened its new line of business through crypto derivatives exchange whereby contracts for perpetual futures contracts will be offered. The full on-chain audited platform of Arkham’s new exchange will have PoR slots for the retail trading circuit. This will enhance openness to the individuals trading in the…
Cardano reclaims its position as the 9th largest cryptocurrency globally, boasting a market cap of $13 billion. This milestone follows a 3.10% surge in the past 24 hours, with ADA now trading at $0.3727. Will the bullish trend in Cardano reach $1 as Bitcoin rally targets $80k this November? Find out more in Coinpedia’s Cardano…
After the recent rise in the Bitcoin price to new highs, the token, along with the other altcoins, has begun to consolidate. Moreover, the bulls have been fighting with the bears since the last trading day, which may delay the next bullish action. However, the Dogecoin price has begun to rise, aiming to reach the…
Recently, Paradigm Capital moved approximately $96.6 million worth of Lido DAO (LDO) tokens (70 million LDO), in which 8.18 million LDO ($11.29 million) was sent to Coinbase Prime and 61.82 million LDO ($85.31 million) sent to what appears to be a new wallet. So, Paradigm’s recent move seems like they are playing the long game…
A day’s worth of unexpected shakeups in the meme coin arena sees Neiro (NEIRO) take up the mantle of top gainer as it posts gains amongst other meme coins. In the same period as the price of Neiro soared above 20%, the cost of meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), Dogwifhat (WIF),…
In the past week, Dogecoin (DOGE) has shown strong buying pressure rising to 27%. However, when looking at the 1-day chart, we see possible resistance suggesting that the rally might cause a short-term reversal DOGE Daily Chart Analysis: Resistance and Support Levels As for the 1-day chart, the price of Dogecoin is now at $0.19216….