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Which Altcoin will do this in 2024 ?
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3 Altcoins that Are Bleeding Out Alongside Bitcoin: $ETH , $SOL , $DOGE - Crypto News Land Analytics Altcoins React to Bitcoin's Dip The recent decline in Bitcoin's price has dragged major altcoins down with it. Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) are among the top altcoins experiencing significant drops. ETH has fallen by 8.43% over the past week to $2,287, though it gained 2.72% in the last 24 hours. Ethereum’s performance remains closely tied to Bitcoin’s trends, complicating efforts to escape the current downtrend. Solana (SOL) has dropped by 4.62% to $128.69 in the past week, amid ongoing concerns about network reliability. These issues have spurred increased short-selling, further pressuring the token’s price. Dogecoin (DOGE) has decreased by 7.29% over the past month to $0.10. Despite some whale accumulation, DOGE lacks recovery signs and remains in a bearish trend. The low trading volumes and absence of significant news suggest DOGE will continue facing downward pressure. Unless Bitcoin rebounds, these altcoins are likely to remain weak.
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$FLOKI price prediction – Watch THIS level for a price bounce! - AMB Crypto Analytics FLOKI Price Analysis FLOKI has recently experienced a significant price drop, falling to a crucial support level at $0.000110. This decline has pushed the token down to this key zone, with its current price at $0.0001189 and a market cap of $1.14 billion, ranking it as the 57th largest crypto. With only 57k FLOKI addresses in profit, representing 68% of all addresses, the token’s future hinges on this support level. Current Market Indicators The recent drop in FLOKI's trading volume, coupled with increased buying pressure and a significant reduction in its supply on exchanges, suggests a potential bullish reversal. According to data from Santiment and AMBCrypto, a rise in buying activity and exchange outflows could indicate positive short-term movement. Future Price Projections If FLOKI manages to reverse its trend, it could reach $0.00013, a level that would be crucial for sustaining any bullish momentum. However, if the price continues to decline, it may drop to $0.00009. Monitoring these support and resistance levels will be vital for determining FLOKI's short-term direction.
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Cryptocurrency Prices Today Sep 8: $BTC Regains $54K, $DOGE Up 6%, $QNT Shoots 11% - CoinGape Analytics The cryptocurrency market experienced a rebound today, with Bitcoin (BTC) regaining the $54K level. Ethereum (ETH), Solana (SOL), and XRP also posted gains, trading in the green. The global crypto market cap increased by 1.28% to $1.93 trillion, although the total market volume saw a significant decrease of 56.43% to $42.88 billion. Major Cryptocurrency Updates Bitcoin's price rose nearly 1% to $54,318, with a daily low of $53,799.05 and a high of $54,838.15. Bitcoin ETFs saw a substantial outflow of $706.19 million for the week ending September 6, the largest since their inception. Ethereum gained 2% to $2,281, with weekly outflows of $91.04 million from its ETFs. Solana’s price increased by 2% to $128, while XRP rose 1% to $0.5275. Top Gainers and Losers Dogecoin (DOGE) surged nearly 6% to $0.09609, while Shiba Inu (SHIB) increased by 1% to $0.00001293. SATS, Quant (QNT), and Gala (GALA) led the gainers with rises of 9%, 8%, and 8%, respectively. On the downside, Litecoin (LTC) dropped 3% to $61.76, DOGS fell 1.5% to $0.001017, and Helium (HNT) declined 0.6% to $7.99. Hourly charts showed minor gains for BTC and ETH, suggesting ongoing optimism.
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$BTC - Analyst claims BTC’s cycle peak will be in 2025, not 2024 - AMB Crypto Analytics Bitcoin has been on a downtrend since June, but CryptoQuant CEO Ki Young Ju believes it's still "mid-cycle." He noted that BTC Coinbase spot volume dominance is at early 2024 levels, indicating a lack of U.S. investor activity needed to push Bitcoin higher. On-chain data supports this view. The UTXO age bands show profit-taking behavior, with peaks and troughs appearing between cycle tops, suggesting holders believe a top is near. This pattern hints at accumulation before April 2024's halving, indicating the cycle top may be a year away. The Puell Multiple, reflecting miner profit-taking, also peaked in March 2024, further suggesting Bitcoin's current cycle is only halfway through.
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$BTC Price Prediction: Top Analyst See BTC Potential Drop to $31,500? Here’s Why Bitcoin recently dropped to $54,000, struggling to maintain a bullish Q4 start. Analyst Ali Martinez warns that BTC could drop to $31,500 if it breaks below the Realized Price-to-Liveliness Ratio of $51,600, a key metric tracking Bitcoin holders' cost basis. Historically, once Bitcoin falls below this level, it tends to drop further until it reaches the Realized Price at $31,500. Currently, Bitcoin trades around $54,340, up 1% in the last 24 hours, with a market cap of $1.07 trillion. However, trading volume has dropped 62%, and its market dominance has slipped to 56.81%. Meanwhile, Bitcoin ETFs saw a massive $706.19 million outflow by September 6, the largest since their launch this year.
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