Key Metrics Indicate Toncoin Accumulation Continues Despite Price Struggle
After a steady decline, Toncoin (TON) has seen a slight price increase over the past day, rising by 1.7% to $3.85. This movement comes amidst ongoing discussions about its longer-term performance and accumulation trends. According to an analysis by CryptoQuant analyst Shiven Moodley, there are indications that TON holders are positioning for a potential rebound.…
Dogecoin To $1.35? Analyst Predicts Milestone ‘Within 70 Days’
Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers. The popular meme crypto will rise by about 400% and…
Dogecoin Vs. Bitcoin: Popular Investor Says Memecoin More Superior With ‘World’s Best Chart’
A known crypto investor made a bold claim that Dogecoin is the king of all cryptocurrencies, stirring a debate and discussion among members of the cryptocurrency community. Global Macro Investor founder and CEO Raoul Pal believes that the popular meme coin is capable of becoming “the hardest money ever created,” citing how Dogecoin has outperformed…
Solana Whale Breaks Silence, Moves Over 61,000 SOL In Massive Accumulation
The cryptocurrency community is speculating about a potential Solana (SOL) price explosion. Adding to this speculation? Recent large-scale SOL purchases by affluent investors, or “whales,” and market analysts’ optimistic forecasts. Whales Spring Back To Life: Bullish Sign? The lifeblood of crypto analysis, on-chain data shows an interesting tendency: Two once dormant “smart money” addresses have…
Bitcoin ETFs Coming To Japan? Government Prepares To End Ban
The sun could be set to shine brighter in Japan’s financial horizon, as regulators take another look at how Bitcoin will play a role in the country’s financial landscape. Authorities are now considering lifting a long-standing ban on Bitcoin and crypto exchange-traded funds (ETFs). This might signal a new era in the government’s outlook on…
Litecoin Makes Surprise 14% Rally—Analyst Eyes A Move To $128
Rising by 14% in the face of a broad general market volatility, Litecoin (LTC) is once more displaying its strength in the crypto scene. LTC dropped briefly to $102, then swiftly recovered and today rests securely above the $120 support zone. As positive momentum builds, experts are wondering whether Litecoin can reach the next crucial…
Bitcoin Sees Largest Exchange Withdrawals Since FTX Collapse—What’s Next?
Bitcoin’s price performance remains subdued, with the cryptocurrency trading above $97,000 at the time of writing—a roughly 6.5% decline over the past week. The crypto asset has yet to reclaim the $100,000 level it lost earlier this week, leaving market participants uncertain about the near-term direction. Amid this backdrop, one CryptoQuant contributor, known as caueconomy,…
Ethereum Outflows On Derivative Exchanges Hit Record Lows: What It Means for ETH
Ethereum has continued to face headwinds, mirroring the broader downward trend in the global cryptocurrency market. The persistent market slump has made it challenging for ETH to sustain upward momentum, even as it attempts to recover from recent losses. Interestingly, it appears there might be some notable factors behind the scenes influencing Ethereum’s price movements,…
Expert Predicts Dogecoin Price Recovery: Targeting New Heights Between $1.5 And $2
The Dogecoin price has recently experienced a notable correction, retracing 34% over the past month to settle at $0.259 as of Tuesday. This marks a substantial decline from its all-time high (ATH) of $0.731, reached in May 2021, putting it currently 64% below that peak. Despite this downturn, many analysts remain optimistic about the market’s…
49,700 Dormant Bitcoin Just Moved—What’s Next For BTC’s Price?
Bitcoin recent price movements have been nothing short of a rollercoaster ride. Earlier this week, BTC traded below $90,000 and quickly bounced back to above $100,000. As of today, the asset now hovers above $98,000. Amid this price performance, CryptoQuant contributor XBTManager has provided insights into an important on-chain metric, highlighting a notable shift in…