ADA Creates Market Cap Legend in 17 Days, Cardano on the Rise: Is the $6 Target Within Reach?
Cardano (ADA) has made headlines with its outstanding performance, showcasing the remarkable recovery of the cryptocurrency market. In the past 17 days, the market capitalization of this cryptocurrency has doubled, nearing the elusive $1 mark—a milestone since April 2022. As ADA shows strong on-chain bullish indicators, the biggest question remains: where will it go next? Traders' profits hit an eight-month high One of the most significant outcomes of Cardano's recent surge is the substantial profits for its traders. According to the reliable market intelligence platform Santiment, ADA has reached its highest profit realization in eight months.
XRP ETF Successfully Approved, Why Can Three Mysterious Tokens Ride the 100-Fold Appreciation Express?
The cryptocurrency market is turning bullish, with several tokens showing strong potential. Three standout tokens have demonstrated significant growth, positioning themselves as major investment opportunities. This optimism has emerged amidst rising expectations for the approval of the XRP ETF, boosting investor confidence. Market momentum indicates further gains may be on the horizon. Three tokens that could become the next 100-fold gems after the approval of the XRP ETF. For the first time in three years, Ripple's XRP has surpassed $1.40, rising 25% following regulatory changes and developments with the SEC. SEC Chairman Gary Gensler announced that his term will end on January 20, leading to a spike in Ripple's price. Speculation about the token's potential for substantial growth has increased, with investors focusing on the potential 100-fold growth opportunity after the approval of the XRP ETF.
Cardano (ADA) breaks $1 for the first time, analysts predict: greater waves are about to hit!
Cardano (ADA) has achieved an astonishing recovery, as the token has broken the $1 price level for the first time since April 2022. The ADA price has risen over 30% in the past 24 hours to $1.06, breaking the bear market trend. Similarly, trading volume has increased by 150%, reaching $6.7 billion, indicating increased market activity. Nevertheless, experts claim this is just the beginning, and some have contributed predictions about future events. As ADA enjoys bullish on-chain indicators, the pressing question remains: where will ADA go next?
FTX Creditors Repayment Plan Unveiled, Can FTT Price Surge to $5? In-Depth Analysis Coming!
With the announcement of the FTX repayment plan, the native token 'FTT' of this bankrupt cryptocurrency exchange has experienced a strong bullish rebound and is set to hit a new 52-week high in the near future. In the current market sentiment, is FTX a good buy point in this cryptocurrency bull market? In this article, CoinPedia's expert panel reveals the potential short-term price analysis for the FTX token. FTT price records a bullish reversal! With the continued rise of the cryptocurrency market, the FTX token is moving towards the goal of setting a new 52-week high. This indicates that this altcoin will make a strong comeback this year. Notably, it has surged about 125% from its low in July.
Shiba Inu (SHIB) Price Shows Rare Patterns, Is a Doubling Opportunity Quietly Approaching?
The price of Shiba Inu continues to consolidate near key levels, but two unique chart patterns suggest a significant increase in the future. If the breakout from this pattern is successful, the value of SHIB could double. Technical indicators suggest that the price of Shiba Inu may double soon. The daily chart shows that the SHIB price has formed three extremely rare patterns, indicating more upward potential in the coming weeks. First, the token formed a golden cross pattern on October 20, as the 200-day and 50-day weighted moving averages (WMA) crossed each other. WMA is often seen as a better moving average as it focuses on recent data.
Solana (SOL) Price Peaks at $264: Is $300 a New Height Within Reach or Just a Pitfall?
As Bitcoin surpassed the $99,000 mark to hit a new all-time high of $99,314, Solana is also expected to hit new highs. SOL price has risen by 10% in the past 24 hours and the bull run has provided a tailwind for other altcoins. As SOL enters unknown price levels, will this new bullish trend propel its price to $300? Let’s find out in the latest Solana price analysis from Coinpedia. Solana (SOL) Price Performance On the weekly chart, SOL price action showed a descending triangle breakout rebound, completing a cup-and-handle pattern. The pattern broke through the neckline at the $249 mark, setting a new all-time high for Solana.
In addition to an astonishing increase of over 43% in the past week, Cardano (ADA) is expected to continue rising in the coming days as it forms a strong bullish price pattern on the daily time frame. With this bullish price trend, the participation of traders and investors has increased. Whale activity: Large transaction volume surged by 42% According to on-chain analysis company IntoTheBlock's data, the trading volume of ADA has surged by 30%, indicating strong participation from whales and institutions following bullish price action, suggesting a strong buying opportunity.
In addition to the increase in trading volume, daily active addresses have surged by 42%, indicating increased activity and participation from traders and investors as prices are expected to see impressive gains.
How high will Shiba Inu (SHIB) rise if BTC reaches $100,000?
This November, driven by the bullish trend in the cryptocurrency market, the price of Shiba Inu (SHIB) surged significantly. This meme coin shows strong upward momentum, suggesting it will continue to have robust growth potential by 2024. Investor sentiment remains optimistic, and the market trend highlights key opportunities for SHIB's expanding role in the cryptocurrency ecosystem. Analysts speculate that Bitcoin (BTC) rising to $100,000 could further boost SHIB's value, underscoring its increasingly prominent position in the digital asset space. How high can Shiba Inu rise if BTC reaches $100,000?
As the blockchain darkens, block production stops, and SUI price plummets by 10%
The Sui network has halted block production for over two hours, leading to a sharp decline in token prices. Data from suivision and suiscan indicate that block production stopped today at 09:15 UTC, and the network has not yet returned to normal operation. This is the first major outage for the project, which has been dubbed a "Solana killer." SUI price plummets after network outage Community members believe that issues with validators may be the cause of the outage. Validators are crucial for processing transactions and maintaining the integrity of the blockchain, but they seem to be encountering problems.
Is it technically possible for XRP price to reach $10 in 2024?
XRP price is having a good run and is on track for a third straight week of gains. It has broken through the key resistance level of $1 and is on track to surge to its year-to-date high of $1.98. So, with the Fear and Greed Index rising, will the XRP price rise and reach $10? Will Technical Factors Drive XRP Price to $10? Cryptocurrency analysts are optimistic that XRP price will see a strong breakout in the near term, with some predicting it will reach $10. One of the most bullish scenarios is that the coin has formed a seven-year bullish pennant, which is characterized by a long flagpole and a symmetrical triangle pattern. Most of the time, this pattern leads to a strong bullish breakout.
3 Popular Cryptocurrencies Expected to Surge by 100%
As the price of Bitcoin reaches a historic high of $97,000, there is excitement in the cryptocurrency market. While the top cryptocurrencies receive the most attention, other major altcoins have also seen slight increases, indicating stable growth across the market. Amid all this activity, three cryptocurrencies—XRP, EGO, and Minotaurus (MTAUR)—are in the spotlight for their ability to deliver substantial profits. The strategic positioning of these tokens aims to leverage positive market sentiment, driven by new advancements and investor confidence. The popular cryptocurrency is expected to soar by 100%
The pioneer cryptocurrency Bitcoin recently set a new all-time high, reaching an astonishing $97,858. This is a significant milestone for the world's most popular cryptocurrency, bringing its market value close to $2 trillion. Bitcoin's rally was particularly strong in the two weeks following Donald Trump's victory in the U.S. presidential election, with many referring to it as the 'Trump trade' due to his victory's positive impact on Bitcoin prices. The 'Trump trade' continues to be strong The price of Bitcoin has been rising unstoppable, especially after Donald Trump won the election. As his victory became more apparent, Bitcoin soared, breaking the historical high of $73,737 set in March.
Ethereum Leverage Bets Surge: What This Means for Traders and Investors
As the Ethereum (ETH) derivatives market continues to show unprecedented growth, the Ethereum market may now be facing a significant momentum shift. In particular, while Bitcoin's price movements continue to dominate the market, Ethereum's derivatives activity suggests it may be preparing for significant upward momentum. ETH open contracts and leverage ratio hit new highs According to recent analysis by CryptoQuant's EgyHash, Ethereum's open contracts have surpassed previous historical highs, growing by 40% in just four months, exceeding the $13 billion threshold.
The Future of Ripple Labs Under Trump: CEO Brad Garlinghouse Outlines Vision for 2025
Ripple Labs CEO Brad Garlinghouse recently shared insights during a FOX Business interview about the impact of the so-called 'Trump trade' on cryptocurrency prices, evidenced by Bitcoin reaching an all-time high in the past 48 hours. Garlinghouse also discussed how Ripple and the broader digital asset industry might adapt to the upcoming regulatory environment expected after Donald Trump's inauguration as president next year. The Ripple CEO holds an optimistic view on Trump's stance in support of cryptocurrencies.
Can Sui's price soar to 18 dollars after a 740% increase and outperform Solana?
Sui's price increase has outpaced Bitcoin and the overall market, resulting in a surge of over 740% in the past four months. At the current price of 3.79 dollars, SUI is Solana's biggest competitor in terms of popularity and price performance. Can Sui still reach 18 dollars and replace Solana as the best-performing crypto asset in the top 20 after soaring sixfold from the market bottom on August 5? So far this year, Sui's price performance has outperformed Solana. Sui is a Layer 1 (L1) blockchain designed to make digital asset ownership fast, private, and secure. It has been one of the hottest topics in the crypto space for the past four months. As the cheapest and fastest L1 chain, this crypto asset directly competes with Solana.
Famous Analyst Boldly Predicts Ethereum (ETH) Price Will Reach $10,000
Against the backdrop of rising Bitcoin and altcoin prices, Ethereum's price seems stagnant, dropping more than 1% over the week. However, a well-known analyst made a bold prediction for Ethereum, as the ETH price will hover around $3,100. He believes Ethereum will surpass Bitcoin, following the upward trend of the S&P 500 index. Whale activity and on-chain indicators suggest that Ethereum will rise to $10,000. Analyst predicts Ethereum price will reach $10,000, sparking heated discussion Famous cryptocurrency analyst Ali Martinez recently predicted that the price of ETH will rise to $10,000, surpassing Bitcoin's gains. This bold Ethereum prediction is based on ETH's historical market cycles when its performance outperformed Bitcoin. However, this has not happened in the current cycle, as he implied that investors have the opportunity to buy before the uptrend begins.
Render (RNDR) price rebounds to $8, is a 25% rise to $10 expected?
With the increasing bullish sentiment in the cryptocurrency market, will RENDER price rebound to a historic high this month? Or will it pull back? In this article, we introduce possible short-term price sentiment. RNDR price records strengthened bullish action! Render price has surged over 8% during the session, continuing to trade in an ascending channel pattern. Notably, this altcoin has been trading within this price trend since the beginning of this month. Additionally, with a market capitalization of $4.17 billion, it has secured the 29th position.
The EMA 50/200 daily moving averages are currently experiencing a golden cross within the daily timeframe. This indicates that the buying pressure for this AI token outweighs the selling pressure in the market.
Bitcoin is About to Reach $100,000: Future Valuation Expected to Reach $1 Million
Since Donald Trump was re-elected president on November 5, Bitcoin has experienced a significant upward trend, reaching an all-time high of $93,300. Since then, BTC has been trading in a narrow range of $89,000 to $92,000, looking to reach the milestone of $100,000. This raises an interesting question: Is a price of $1 million per token feasible in the next decade? Long-term vision of investors Market expert VirtualBacon conducted an in-depth analysis of these possibilities, exploring the numbers, trends, and catalysts that could drive Bitcoin to soar nearly 1,000% from its current price level.
Bitcoin price reaches $94,000; can BTC price reach $100,000 this weekend?
Will the continuously rising bullish sentiment this month drive the star cryptocurrency to the $100,000 mark, or will it enter a consolidation price trend for a short period? Scroll down, and you'll find the answer in a few minutes! BTC price hits a new high in the early morning session! The price of Bitcoin has maintained bullish momentum, rising 6.79% in 7 days and 34.63% in the past 30 days. Furthermore, with MicroStrategy resuming its Bitcoin buying spree, institutional purchases are generating increasing optimism about Bitcoin strategies.
This month, the Simple Moving Average (SMA) has consistently supported the Bitcoin price chart. This indicates a strong bullish sentiment in the market for the cryptocurrency.
Ethereum (ETH) Continues to Underperform - When Will ETH Price Hit a New High?
When the market soars, Ethereum's price remains constrained within a range that seems to have become the 'new normal' in the cryptocurrency space. Moreover, the ETH/BTC ratio is setting new lows every day, indicating that Ethereum's strength relative to Bitcoin is declining. This raises concerns among ETH holders, but seasoned professionals believe that a strong bullish wave could push ETH prices higher, but only if certain conditions are met.
According to RSI analysis, Ethereum is expected to rise above $15,000 to $18,000 sometime in mid-2025. Additionally, the weekly MACD has experienced a bullish crossover, signaling a bullish trend, and could potentially rise by 150% like before. However, since there are no signs of a breakthrough in ETH prices, these trends remain uncertain. Regardless of the current price movements, retail traders remain optimistic about the next price movement as they continue to hold ETH.