Traders could be forgiven for wanting to cash in after bitcoin’s {{BTC}} quick rise of more than 20% to the current $67,000 from its early July lows, but another possibly major positive catalyst might be just days away, said 10x Research founder Markus Thielen. Original
Dogecoin (DOGE) prices might be about to go through the roof. Famous crypto researcher Javon Marks thinks that the value of DOGE could go up by 378%, which could push the meme currency to an all-time high of $0.6533. If this prediction comes true, it will be a huge change for DOGE, whose road has always been like a roller coaster. Related Reading Dogecoin: The Bullish Outfit Javon Marks compares Dogecoin’s price fluctuation to a market shakeout, which entails a small decline to eliminate weaker investors before a big surge.…
Resilient and showing great upward momentum is Polkadot (DOT), the blockchain network noted for its emphasis on interoperability. Polkadot has maintained its ground at the $6.30 support level thus far, indicating a solid basis for next developments. Related Reading DOT saw a little increase of 1.6% during the previous week, which experts think may be the forerunner to a much more significant upswing. Both experts and investors have drawn attention to this favorable situation, which will help Polkadot to have a possibly interesting future. Polkadot Makes Steady Climb Polkadot’s latest…
Market analyst and Bitcoin (BTC) maxi Fred Kreuger has revealed five top reasons investors should purchase the premier cryptocurrency. In a video post on X on Saturday, Kreuger described Bitcoin as a favorable short-term and mid-term investment, backing the asset to remain profitable over the next 12 months. The price of Bitcoin has recently returned above $67,000 following a 0.58% increase in the last day. This slight gain allows the crypto market leader to maintain its positive performance over the last week. Investing In BTC Now Is A Massive Buy,…
According to data from CoinMarketCap, the price of Bitcoin returned above $67,000 with a 1.19% gain in the last 24 hours. Bitcoin appears to have found some stability in this region amidst multiple projections of further price gain. Interestingly, popular crypto analyst with X handle Rekt Capital has unveiled a particular scenario in which Bitcoin might actually build on its current positive performance. Bitcoin Enters New Range-Bound Market – Rekt Capital In an X post on July 20, Rekt Capital shared that Bitcoin closed its daily candle of the previous…
A crypto analyst has maintained a strong bullish stance for Bitcoin (BTC), predicting that the pioneer cryptocurrency is heading towards a fresh all-time high of $100,000. The analyst has shared several factors that could propel Bitcoin to this lofty price target. Bitcoin To Hit $100,000 In 2024 On July 19, crypto analyst Scott Melker, also known as “The Wolf Of All Streets” on X (formerly Twitter), informed his 958,300 followers that he was extremely bullish on Bitcoin’s potential for a future price increase. The analyst emphasized his long term optimistic…
This week, the dog-themed sensation Dogwifhat (WIF) has recovered from its drop below the $2 support zone. The Solana-based memecoin flipped Ethereum’s Layer-2 (L2) Arbitrum (ARB) and is currently testing the $2.5 resistance level. However, a crypto analyst has warned investors of a possible retrace for WIF. Related Reading WIF Puts Its Hat Back On Dogwifhat became the memecoin sensation of 2024’s first quarter (Q1), giving returns of over 2,000% earlier this year. The Solana token reached an all-time high (ATH) of $4.8 in March but has declined 45% since…
Nobody in the XRP community expected the SEC to cancel a meeting behind closed doors on July 18 without giving any reason. Some people think this move has something to do with the approval process for spot Ethereum ETFs. Related Reading Crypto Community Clueless On Meeting Cancellation There has been an obvious shakeup in the cryptocurrency market because of the sudden about-face. XRP, Ripple’s native coin, fell 8% to $0.58, its 24-hour low. Trade volume was down as well, yet it rose 20%, showing investors’ interest amid uncertainties. There is…
Recently, injective (INJ) has undergone explosive growth, pushing itself to unprecedented heights and drawing interest both from experts and bitcoin aficionados. Over the past week, the digital asset has jumped about 32%, and a measly 1% in the last day. INJ climbs in the weekly frame. Source: Coingecko Related Reading INJ, at the time of writing, was trading at $26.17. A chance that its price will explode, going as high as $380, could be in the cards. Here, we break down the factors that have led to INJ’s great success…
An analyst has pointed out how Bitcoin is back above the cost basis of the short-term holders, a sign that can be bullish for the asset. Bitcoin Is Back Above The Realized Price Of Short-Term Holders As explained by CryptoQuant community manager Maartunn in a new post on X, BTC has reclaimed the Realized Price of the short-term holders. The “Realized Price” here refers to an indicator that, in short, keeps track of the average cost basis of the investors in the Bitcoin market. When the value of this metric…