Solana Headed For Correction Before Bounce – Analyst Sets $180 Target
Solana (SOL) is trading around a crucial demand level at $165, following a pullback from recent highs of $183. This level is pivotal for SOL, as losing it could trigger a deeper correction, putting the altcoin at risk of further downside. However, prominent analyst Carl Runefelt has shared technical analysis indicating that Solana may be…
Analyst Reveals Why Bitcoin Price Crashed From $73,000 To $69,000
November began with an unexpected downturn in the crypto market as Bitcoin, which had gone on a bull run in the last week of October, rapidly lost its momentum. The highly anticipated “Moonvember” kicked off with an unexpected crash, plummeting from $73,000 on October 31 to $69,000 on November 1 to essentially wipe out $296…
FLOKI Faces Downside Risks: $0.000110 Support Level Under Scrutiny
FLOKI is navigating a critical moment as technical indicators flash bearish signals, raising concerns over its ability to maintain support at $0.000110. With downward momentum building and sellers gaining strength, this support level has become a focal point for traders watching for signs of stability or further decline. As the market turns cautious, the strength…
Bitcoin Flashes Buy Signal After Price Closed 2nd Green Month Candle In A Row
The Bitcoin price enjoyed its second consecutive green candle in October after closing the month with a 10% price gain. Crypto analyst TradingShot revealed why this development was a positive going forward and is a good buy signal for those looking to invest in the flagship crypto. Bitcoin Triggers Buy Signal After Price Hit Second…
Market Shockwave Ahead? Ethereum Could Crash Over 60%, Analyst Says
Like most digital assets, Ethereum witnessed a correction this week by losing over 5% in the last 24 hours while trading just above $2,500. While the increased on-chain activity could eventually make the bulls bet for the bounce back of Ether, a few experts differ with this perspective. Crypto veteran analyst Peter Brandt predicts further…
Dogecoin Price Could Climb To $0.209 — Here’s The Level To Watch
The crypto market saw one of its most positive weeks in the last seven days, and Dogecoin was one of the major beneficiaries of this momentum shift. According to a popular crypto pundit, the meme coin appears not to be done yet, as it readies itself for another move to the upside. Here’s Why $0.169…
Shiba Inu Burn Rate Surge 24,271% While Shibarium Transactions Spike, Catalyst For Rally To $0.00008?
The Shiba Inu burn rate has experienced a dramatic rise, soaring by over 24,271% in just one day. This massive token burn, as reported by the Shibburn tracking platform, coincides with a notable uptick in Shibarium transactions. Considering the significant volume of tokens burned in these large-scale SHIB transactions, this development could potentially serve as…
Will Bitcoin Hit $176K? Anthony Scaramucci Lays Out His High-Stakes Forecast
A top executive of a New York-based global investment firm made an audacious claim that Bitcoin breaching the six-figure price will happen very soon. SkyBridge Capital founder Anthony Scaramucci said that in the next two years, BTC will be traded at $176,000, joining other crypto investors who believed that the oldest cryptocurrency is ripe for…
Solana Q3 Digest: Total Value Locked Hits $5.7 Billion, Ranks Third Among Networks
A recent report from crypto data and research firm Messari has shed light on the performance of the Solana (SOL) ecosystem during the third quarter of 2024. The report highlights a mixture of growth and challenges faced by the blockchain amid broader volatility in the cryptocurrency market during that period. Solana Stablecoin Market Cap Rises…
Ethereum Claims Address Dominance With 43% Lead—Will It Keep Rising?
Ethereum missed out on this week’s crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months. Other altcoins have also followed that trajectory as SOL and DOGE trail Bitcoin. As Bitcoin retests a new high…