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Altcoins News
Bitcoinist
3h
300
Image Credit: Bitcoinist
Ethereum’s Rally Loses Steam: Analyst Foresee A Possible Brief Correction
- Ethereum's rally loses steam as analysts foresee a possible brief correction.
- IC News suggests that Ethereum may enter a temporary corrective phase due to overbought conditions and profit-taking by investors.
- The altcoin is approaching a critical resistance level at $3,600, which could trigger a period of correction.
- Despite the correction, Ethereum shows bullish potential with a mid-term price target of $5,450.
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18 Likes
TronWeekly
6h
338
Image Credit: TronWeekly
PayPal’s PYUSD Market Cap Holds Strong at $350M on Ethereum
- PayPal's PYUSD stablecoin integrates LayerZero for seamless transfers between Ethereum and Solana.
- PYUSD's market cap on Ethereum remains stable at $350 million.
- LayerZero integration aims to reduce transaction costs and unify liquidity.
- PayPal seeks to increase utility and accessibility of PYUSD.
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20 Likes
Bitcoinist
7h
196
Image Credit: Bitcoinist
Expert Says Dogecoin Price Is Long Overdue For Rally To $1.5, ETFS To Reach $5, And XRP To Touch $10
- A top market expert believes the Dogecoin price is long overdue for a rally to $1.5.
- Investors target XRP price for a run towards $10.
- The new presale token ETFSwap (ETFS) is projected to reach $5, offering higher profit margin and low-risk entry.
- ETFSwap (ETFS) aims to provide a decentralized platform for trading and investing in tokenized ETFs, offering features like faster settlements and zero-KYC trading.
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11 Likes
Coinpedia
9h
302
Image Credit: Coinpedia
Solana Prepares for a Solid Rebound as Buyers Defend Support Levels: Will SOL Price Hold Above $200?
- Solana's price has surged past $200, reaching a three-year peak at $225.21 driven by positive trends in the cryptocurrency market and increased demand for the network.
- On-chain data shows declining numbers of active and new addresses, but a survey projects Solana's price to reach $600 during this bull cycle.
- Solana recently struggled to maintain momentum above $225 but the bulls successfully defended the $200 support level.
- The SOL/USDT pair could climb to $225 and potentially reach $260 if the bulls establish $210 as a new support level.
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18 Likes
Newsbtc
2h
135
Image Credit: Newsbtc
Bitcoin Price Could Peak In 200 Days, Before US Recession In Mid-2025, Report Says
- The current Bitcoin rally could extend until mid-2025, with a potential price peak before a US recession.
- Bitcoin is on day 555 of its current market cycle, and a price peak could arrive within the next 200 days.
- The report suggests that Bitcoin's price peak may align with a potential US economic downturn forecasted for mid-2025.
- BTC's realized volatility and filtered RSI indicate room for further growth, but caution is necessary.
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8 Likes
Bitcoinsensus
4h
216
Image Credit: Bitcoinsensus
Shiba Inu Whale Nets $120 Million in Profits, Offloads 100B Tokens
- An early SHIB investor sold 100 billion $SHIB to Gemini, making a profit of $2.8 million.
- The investor still holds 2.5 trillion SHIB, valued at $73 million.
- The investor has earned over $120 million in profits from Shiba Inu so far.
- Despite a retraction in price, SHIB still trades at a significant profit, growing by over 35% in the week.
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13 Likes
Newsbtc
6h
218
Image Credit: Newsbtc
Shiba Inu Price Watch: 60% Rally Catches Whale Attention – Is More Growth Ahead?
- Shiba Inu (SHIB) has experienced a 60% price rally in the past week, drawing attention from both retail and institutional investors.
- The positive sentiment in the cryptocurrency market, driven by recent election results and growing confidence, has contributed to SHIB's growth.
- Whale activity, with significant transfers of SHIB to exchanges, indicates confidence in the potential of the asset and the expectation of further growth.
- SHIB's future trajectory will be determined by persistent whale activity, market dynamics, and the ability to sustain its rising trajectory.
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13 Likes
Bitcoinist
6h
114
Image Credit: Bitcoinist
Dogecoin Price Chart Patterns Shows Similarities To Bitcoin In 2016, Why This Is Good
- Veteran trader Peter Brandt has identified similarities between Dogecoin's current price action and Bitcoin's price movements from 2015-2016.
- Brandt compares Dogecoin's price action to Bitcoin's cycle from 2015 to 2016 when Bitcoin was still priced below $1,000.
- If Dogecoin continues to mirror Bitcoin's patterns, it could experience a strong surge in the future, similar to Bitcoin's rally in 2017.
- The recent rally in Dogecoin's price has been largely driven by retail traders, and it has gained attention due to Elon Musk and Vivek Ramaswamy's involvement in the newly created Department of Government Efficiency.
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6 Likes
Coinpedia
10h
89
Image Credit: Coinpedia
Altcoin Correction: Why FET, BTT, and MATIC Are Worth Buying!
- The FET price hints at a 60% jump with a bullish reversal.
- BitTorrent's price adds 28%, and it is expected to hit $0.000001740.
- The Polygon price holds its value above $0.39 despite correction.
- Investors interested in altcoins can consider FET, BTT, and MATIC for potential bullish recovery.
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5 Likes
Bitcoinist
10h
78
Image Credit: Bitcoinist
Crypto Founder Sells Dogecoin To Buy PEPE, Here’s Why
- Max, the founder of Because BTC, has sold off his Dogecoin holdings to buy Pepe tokens.
- Max made this unexpected investment decision based on the technical analysis of DOGE.D and PEPE.D charts.
- He initially invested in Dogecoin due to a bullish pattern, but now sees a similar bullish outlook for Pepe.
- The Dogecoin price has declined by 9.8% while Pepe is predicted to become the new dominant meme coin.
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4 Likes
TronWeekly
13h
359
Image Credit: TronWeekly
XRP Breaks Key Milestone, Eyes $1.5 by Mid-December 2024
- The XRP community is excited after the cryptocurrency surged by 45% over an 8-day period.
- A critical level to watch is $0.60, which could confirm the breakout with a retest.
- Mid-December 2024 is key for potential price targets, including the possibility of an ATH.
- XRP's technical indicators suggest short-term targets of $1.30 to $1.50 and long-term prospects of $7.50.
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21 Likes
Bitcoinik
15h
296
Image Credit: Bitcoinik
US President Hires Dogecoin Supporter Elon Musk and Pro-Bitcoin Businessman Vivek Ramaswamy to Lead Government
- US President Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead the 'DOGE' Initiative.
- Elon Musk and Vivek Ramaswamy supported Donald Trump during the 2024 US presidential election.
- Musk and Ramaswamy will lead the newly formed Department of Government Efficiency (DOGE).
- DOGE aims to reduce federal spending and regulations, and Musk's involvement has sparked speculation about his support for Dogecoin.
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17 Likes
Coinpedia
16h
322
Image Credit: Coinpedia
Is Tron (TRX) Price Ready for a Major Breakout? On-Chain Metrics and Adoption Signal Growth
- Tron (TRX) price is showing signs of a major breakout after being trapped in a consolidation for six years.
- The Tron web3 ecosystem has seen growth due to meme coin activities.
- The anticipated altseason is expected to kickstart soon, pushing TRX into a price discovery phase.
- On-chain metrics show high transaction volume and adoption on the Tron network.
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19 Likes
Coinpedia
16h
344
Image Credit: Coinpedia
PNUT Price Prediction: Will $PNUT Price 5X This Week?
- The memecoin Peanut the Squirrel has gained significant attention with a 1,000% price increase since its listing on Binance.
- The Flag pattern indicates a potential rise towards the $2 mark for PNUT.
- With a market cap of $1.39B, PNUT has entered the top 100 list of cryptocurrencies.
- Investors are interested in the short-term possibilities of this sensational memecoin.
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20 Likes
Coinpedia
16h
238
Image Credit: Coinpedia
Solana’s (SOL) New ATH is Loading and Here’s Where It Could Be
- Solana's price has broken above the bearish range and surged past $200.
- The rise is attributed to the growth of Solana DeFi and the Solana memecoin space.
- Analysts predict the next target for Solana's price rally to be around $300.
- The SOL price is expected to remain consolidated until the announcement of fresh inflation rates.
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14 Likes
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