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Showing posts with the label analysis

6 Best Altcoins to Invest in Now August 1 – Nexo, GateToken, ZetaChain, RuneBridge

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Last week, the cryptocurrency market saw an uptick with Bitcoin touching the $68,000 mark and Ethereum also trading above $3,000. This trend impacted numerous top cryptocurrencies and intensified losses among altcoins. Consequently, these developments saw several altcoins enter the list of best altcoins to invest in today . However, discovering these tokens often requires diligent research, as investor attention tends to gravitate towards already surging assets. Today’s article analyses the recent performance of cryptocurrencies that have topped the gainers list in the past 24 hours. The goal is to pinpoint tokens showing potential and provide insights for investors.  6 Best Altcoin To Invest In Today Today’s article explores the performance of promising cryptocurrencies that investors should consider adding to their watchlists. It highlights Base Dawgz , a recent meme coin launch on the Base Network known for its unique multichain functionality, facilitating seamles...

Pepe Price Prediction: PEPE Plunges 5% In A Week As Investors Pivot To This Layer-2 Alternative That’s Raised $6.7M

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The Pepe price is down 5% on the weekly timeframe following a 3% 24-hour drop to trade at $0.00001098 as of 11:45 p.m. EST as traders dump the meme coin. During the last trading session, the PEPE price registered a 24-hour high of $0.00001162. It then fell to an intraday low of $0.00001094. Despite recovering slightly, the crypto is still trading closer to its 24-hour low than the peak it recorded. The Pepe Price Testing A Critical Support Level 4-hour chart for PEPE/USD (Source: GeckoTerminal ) The Pepe price is testing the critical support level at $0.00001093. Should the meme coin fall below this technical safety net, it could be at risk of dropping to the subsequent mark at $0.00000986 in the following 24 hours. On the other hand, PEPE staying above $0.00001093 for the next 12 hours might invalidate the bearish thesis. Traders could then identify the crypto’s current price as a buy opportunity in this alternative scenario. With the potential bullish volume, the Pepe pr...

Pepe Price Prediction: PEPE Plunges 5% As Investors Flock To This Pepe 2.0 Meme Coin As It Blasts Past $6.5 Million

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The Pepe price plunged 5% in the last 24 hours to trade at $0.00001116 as of 01:09 a.m. EST on trading volume that dropped 20% to $528 million. This comes as the meme coin sector tumbled 3% to a $47.7 billion market capitalization. Pepe Price Set To Surge The Pepe price surged mid-July, through a markup phase to the $0.00001251 resistance, according to data from GeckoTerminal . PEPE then went into consolidation, trading within the sideways pattern, with the bears and bulls struggling for dominance, as the price touched the horizontal support and horizontal resistance. The price of Pepe now trades well above the 200-day Simple Moving Average (SMA), a confirmation of the bullish prospects in the long run. A bullish stance at this point could push the price of Pepe above the 50-day SMA, which now acts as the immediate resistance zone at $0.00001188. Moreover, the Relative Strength Index (RSI) is also dropping as it coincides with the price fall, as the RSI hurtles towards the 30-ov...

Grayscale ETHE ETF Bleeds $1.15 Billion In 3 Days As ETH ETF Ouflows Hit $152 Million On Day 3 

The Grayscale Ethereum ETF (ETHE) has reported cumulative net outflows of $1.15 billion in the three days since its launch on July 23 as newly listed ETH ETFs overall recorded outflows of $152 million on July 25 , Data from SoSoValue shows that Grayscale’s ETF posted $346 million in outflows on its third day of trading, still below its record high of $484 million on July 23. 📊 Ethereum ETF Tracker | 2024-07-25 🟥 Daily Total Net Inflow -$152.30M 💰 Total Value Traded $955.85M 🏦 Total Net Assets $8.97B 📊 ETF Market Value Ratio 2.36% 🥇 Net Inflows/Outflows for Each ETF 🟩 ETHA +$70.93M 🟩 ETH +$58.09M 🟩 FETH +$34.32M 🟩 ETHW +$16.34M 🟩 ETHV… pic.twitter.com/VXeS5Sqz0Q — SoSoValue Research (@SoSoValue) July 26, 2024 Grayscale Ethereum Trust Investors Cash Out Grayscale’s 2.5% fee for ETHE ETF, converted into an ETF from the Grayscale Ethereum Trust, has s...

Citi Sees 33% Upside For Coinbase Stock On Improving US Regulatory Environment

Citi has upgraded its Coinbase stock rating from “neutral” to “buy” on an improving regulatory outlook in the US and raised its price target by almost 33% to $345. Citi attributed the higher stock rating to a shift in the US election landscape as presidential candidates compete to win the crypto vote, and after the US Supreme Court overturned the so-called Chevron precedent. The stock rose 1.6% in pre-market trading to change hands for $259.29 as of 9:20 a.m. EST. Citi’s previous price target for COIN was $260. $COIN upgraded to BUY at CITI "Shifts in the U.S. Election landscape and the Supreme Court’s overturning of the long-standing Chevron precedent has changed our view on Coinbase’s regulatory risks." Raises target price 33% to $345 pic.twitter.com/CoMbCTFbK8 — matthew sigel, recovering CFA (@matthew_sigel) July 23, 2024 Former US President Donald Trump, who vows to become ”crypto president” if he retakes the White...

Dogecoin Price Prediction: DOGE Jumps 6% As This New SHIB Derivative ICO Goes Ballistic

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The Dogecoin price soared 6% in the last 24 hours to trade at $0.1374 as of 03:31 a.m. EST on trading volume that surged 38% to $1.4 billion. This comes as market sentiment becomes more buoyant with the Crypto Fear and Greed Index surging to 70, up from 25 as recently as July 13. The meme coin space has also rebounded with a 2% surge in the last 24 hours to a market capitalization of $53 billion. Dogecoin Price Set For A Trend Continuation Towards $0.17 Dogecoin Price Chart Analysis Source: GeckoTerminal.com The Dogecoin price dropped significantly in June before consolidating in mid-June to the beginning of July within the $0.12 range, according to data from GeckoTerminal . However, the bears won the struggle for dominance at this level as the token dropped, which then formed a complete inverse head and shoulders pattern. The DOGE price bulls seem to be capitalizing on the pattern to push the price over the neckline at $0.1275. DOGE trades well above both the 50-day ...

Fastest-Growing Gamified Meme Crypto Project Launches Presale – Best Crypto to Buy Now

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The crypto market has been showing positive signs lately, with the new ICO, The Meme Games (MGMES), benefiting by raising over $196K at the time of writing. This impressive accomplishment highlights the increasing interest in the meme coin sector. Since its presale launch, The Meme Games has garnered significant attention, with investors eager to capitalize on the opportunity. Positioned as a contender to become the official Olympics meme coin, $MGMES holds an exciting appeal. The Meme Games combines the competitive spirit of the Olympics with the vibrant world of meme coin culture, offering a chance to engage, compete, and win token bonuses in a thrilling crypto presale. It introduces the inaugural crypto meme coin Olympics, where meme coin enthusiasm meets the 2024 Olympics spirit. Participants can select their favorite meme character and cheer them on to potentially multiply their holdings with the $MGMES token. This event aims to unify and excite the crypto community, providing ...

Best Crypto to Buy Right Now July 16 – MANTRA, Injective, dogwifhat

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Explore the most promising digital assets to add to your investment portfolio. Our expert insights and Analysis inform investors on the best crypto to buy right now, ensuring you stay ahead in the crypto market. Numerous altcoins are positioned favorably to yield substantial returns for investors potentially. Investors are eyeing these altcoins as they present unique opportunities for growth amidst the broader market stability. This period of relative quiet could be seen as a precursor to a potential bull run, prompting heightened interest in these assets. Altcoins such as MANTRA, Injective, and dogwifhat are posting impressive price movements, placing them amongst the best crypto to buy right now . Best Crypto to Buy Right Now In a recent X tweet, the MANTRA ecosystem announced preparations for Season 2 of their 50 million OM GenDrop, scheduled for tomorrow. Meanwhile, Injective has recently received substantial support as Galaxy joined as a validator. This partnership is expecte...

Internet Computer Price Prediction: ICP Crypto Soars 28% In A Week, But Investors Are Rushing To Buy This AI Meme Coin Rival Before Its Imminent Launch

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The Internet Computer price is up 28% in the last week and 0.4% in the past 24 hours to trade for $8.8848 as of 00:04 a.m. EST on trading volume that jumped 20%. There’s been assistance from tailwinds coming from the broader market rally, with the Bitcoin price back in the $62,000 range. 📰🚨 BREAKING:#BITCOIN RECLAIMS $62,000+ • recovering nearly all of July's losses 🗓️ — Kevin Svenson (@KevinSvenson_) July 15, 2024 There’s also support from positive sentiment around the expectation of possible spot Ethereum ETFs (exchange-traded funds) launches this week. Welcome to spot eth ETF approval week… I’m calling it. Don’t know anything specific, just can’t come up w/ good reason for any further delay at this point. Issuers ready for launch. — Nate Geraci (@NateGeraci) July 14, 2024 Some say the Internet Computer price is primed for a massive rally during a coming bull run. I believe that $ICP w...