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Altcoins News
Tokenhell
7h
248
Price of Ethereum Drops by Over 5%, Pushes Below $2,800
- Ethereum's price dropped by over 5% and fell below $2,800 due to prevailing negative sentiment in the market.
- Investors reacted to broader market patterns and regulatory concerns, leading to the decline.
- Long-term holders taking profits and regulatory headwinds contribute to the bearish trend.
- Despite the drop, some believe Ethereum has room for growth if it surpasses resistance levels.
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14 Likes
NullTX
8h
261
Image Credit: NullTX
POLKADOT PRICE ANALYSIS & PREDICTION (May 2) – DOT Signals A Reversal Following 5% Daily Gains: Incoming Bullish?
- Polkadot (DOT) has shown signs of a bullish reversal pattern after a 5% daily gain.
- The price broke above a crucial resistance line and formed a new double-bottom pattern on the daily chart.
- If buying volume increases, DOT may reach resistance levels at $7.58 and $8.1, with a potential surge to $10.
- On the other hand, a breakdown could lead to further selling and a test of support levels at $5.7 and $5.
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15 Likes
NullTX
8h
106
Image Credit: NullTX
RIPPLE PRICE ANALYSIS & PREDICTION (May 2) – XRP Recovers 2% Overnight Amid Market Meltdown, Signals A Potential Buy?
- Amid the market meltdown, XRP has experienced a minor recovery, indicating potential buying interest.
- XRP has been in consolidation mode, trading within a key price range with low volatility.
- XRP has managed to stay above the $0.47 level despite recent drops in Bitcoin's price.
- The current trend remains bearish, and XRP needs to surpass the $0.75 level for a long-term rally.
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6 Likes
TheNewsCrypto
9h
298
Image Credit: TheNewsCrypto
Solana Recovery in Sight: SOL Aims for $150 Amid Market Uncertainty
- Solana hints at a strong recovery, potentially reaching the $150 level in May following a rebound from a significant support area.
- Increased market volatility and possible corrections in Bitcoin might impede Solana’s recovery efforts.
- Solana is positioned near key resistance levels with mixed signals from technical indicators suggesting a cautious market outlook.
- Amidst a brief uptick in altcoin activity, Solana hints at a robust recovery, hinting at a potential bullish run this week.
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17 Likes
Coinpedia
9h
231
Image Credit: Coinpedia
Solana Gains Over 10% Amid Declining On-Chain Activity! Here’s What To Expect Next
- The Solana network is experiencing a decline in on-chain activity, causing concerns among investors about the sustainability of its recent price rebound.
- Solana has witnessed a drop in new addresses, signaling potential issues such as decreased appeal or technical challenges.
- The decrease in active addresses on the Solana blockchain weakens investor confidence and may affect the demand for SOL.
- Analysts suggest that the current recovery in SOL price may stall as it approaches resistance levels, potentially leading to a reversal.
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13 Likes
TheNewsCrypto
9h
135
Image Credit: TheNewsCrypto
Polkadot Shows Signs of Recovery Amidst Market Volatility: Can DOT Hit $10?
- Polkadot (DOT) exhibits potential for a bullish reversal, possibly surpassing the $10 mark.
- Indicators like the EMA and RSI suggest a possible bullish turnaround from the oversold zone, with MACD also indicating rising momentum.
- Polkadot's recent downtrend stabilizes at the $6 support level, showing signs of a potential rally and breakout from a double bottom pattern.
- If the bullish reversal materializes, DOT could aim for $10 or even $12, while a decline below $6 may see a fall to $5.
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8 Likes
Coinpedia
16h
344
Image Credit: Coinpedia
When Will Altcoin Season 2024 Start? Crypto Expert Michael van de Poppe’s Market Predictions
- Renowned market analyst Michael van de Poppe believes that the altcoin season may be approaching its end.
- The altcoin season index has dropped, indicating a renewed focus on Bitcoin.
- Van de Poppe recommends a strategic trading approach to take advantage of the potential altcoin season.
- He highlights altcoins such as Solana, Ethereum, NEAR Protocol, and Chainlink as having strong potential for appreciation.
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20 Likes
TheNewsCrypto
16h
268
Image Credit: TheNewsCrypto
What’s the Reason Behind BABYDOGE’s 8% Pump?
- The memecoin BABYDOGE has seen an 8% pump in the past 24 hours.
- The coin's 0% transaction fee proposal received 99.57% votes from the community.
- Other memecoins like Dogwifhat, PEPE, and BONK have also experienced double-digit gains.
- BABYDOGE's proposal aims to lower transaction fees to 0% on the BNB chain for increased accessibility and adoption.
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16 Likes
Newsbtc
16h
301
Image Credit: Newsbtc
Whales Dive In, But Dogecoin Price Sinks 20%: What’s Going On?
- Dogecoin (DOGE) has sunk 20% amid the current crypto winter, leaving its future uncertain.
- Some analysts see DOGE's struggles as a concerning sign for the entire crypto market.
- On-chain data suggests whales are accumulating DOGE, providing a glimmer of hope for the meme coin's recovery.
- Positive social media sentiment and continued accumulation by whales could reignite the DOGE rally.
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18 Likes
TheNewsCrypto
17h
114
Image Credit: TheNewsCrypto
Pepe Coin Leaps 15% Amid Crypto Market Slump
- Pepe Coin defies the crypto market decline with a 15% surge in the last 24 hours.
- PEPE’s spike is tied to growing attention from big investors, often called whales.
- Meme coins continue to capture attention, with Pepe Coin leading the charge today with a surge of over 17%.
- Pepe Coin faces uncertainty as it shows potential for further surge or decline based on market conditions.
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6 Likes
TheNewsCrypto
18h
295
Image Credit: TheNewsCrypto
Solana Surges 10%: Hopeful Trend or a Short-lived Rally?
- Solana's native token, SOL, experiences a 10% surge amidst the market downturn.
- Solana shows resilience by recovering from $121.50 to $135.11 despite Bitcoin's slump.
- SOL's daily Relative Strength Index (RSI) sits at a promising 54, indicating favorable momentum.
- Zeus Network's announcement of introducing Zeus Program Library (ZPL) boosts bullish sentiment for Solana ecosystem.
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17 Likes
TheNewsCrypto
22h
160
Image Credit: TheNewsCrypto
Crypto Market Kick Off May On Bearish Note: What Lies Ahead?
- Bitcoin hits two-month low, sparking market downturn.
- Fed maintains interest rates, dampening hopes for crypto market boost.
- Bitcoin plummets to $56,486, marking a 4.41% decline within 24 hours.
- Crypto market capitalization decreases by 3.04% to $2.15 trillion.
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9 Likes
Analyticsinsight
22h
287
Image Credit: Analyticsinsight
Analyst Who Accurately Called Bitcoin’s (BTC) 2021 Peak Foresees $100,000 by End of 2024, Highlights Solana (SOL) Rival Priced Under $0.02 as Must-Have Altcoin for 3500% ROI
- Bitcoin (BTC) is predicted to reach $100,000 by the end of 2024, based on a well-known analyst's accurate past predictions.
- Hump (HUMP), an altcoin priced under $0.02, is tipped as the next big thing in the cryptocurrency market and projected to offer a potential return on investment (ROI) of 3500%.
- Hump distinguishes itself by embodying innovation, community empowerment, and a fervent user base, along with its potential for substantial ROI.
- Investors are advised to stay informed, strategize, and accept the volatility of the cryptocurrency market to make the most of opportunities like Bitcoin's rise and the potential of Hump.
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17 Likes
Coinpedia
23h
127
Image Credit: Coinpedia
PEPE Price Remains Bullish Despite Market Plunge! What’s Next?
- The cryptocurrency industry adds $60 Billion to its valuation after a market correction.
- BTC price maintains its value above $57,000 mark.
- Pepe memecoin records a bullish pattern with a jump in price.
- Pepe price may increase if bulls regain momentum, testing resistance levels.
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7 Likes
Livebitcoinnews
1d
341
Image Credit: Livebitcoinnews
EOS Price Analysis: Bears Aim Larger Drop Below $0.72
- EOS price started a fresh decline after it failed to clear $0.9650 against the US Dollar.
- The price is now trading below $0.820 and the 55 simple moving average (4 hours).
- There is a major bearish trend line forming with resistance at $0.7850 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase).
- The pair could continue to decline if it stays below the $0.7850 and $0.80 resistance levels.
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20 Likes
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