Institutional investors still have a lot of faith in Solana, even with the recent correction.

It is highly probable that SOL will regain its $200 level before June, given that retail market participants are also optimistic about the altcoin.

Ethereum price (ETH) has the potential to reach $5,000 in the event of an Ethereum-ETF repurchase. The analyses of the company QCP Capital were informed about this.

$ETH

Bitcoin might see a significant upswing if it breaks through the $68,300 mark. The post was penned by 10x Research analyst Markus Thielen, who had previously accurately forecasted Bitcoin's decline in November 2022 and its subsequent rise to new all-time highs prior to the April halving.

$BTC

$BTC
An encouraging and bullish sign for BTC is the historical trend of small wallets dumping their coins into larger wallets.

Renowned cryptocurrency analyst JackTheRippler shares the optimistic views of Ripple CEO Brad Garlinghouse regarding the future of the company's token, XRP.
As reported, in an interview with Bloomberg, Garlinghouse outlined the potential of XRP, suggesting that its value could increase, especially if certain issues are resolved.
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$XRP

$SHIB
The memecoin Shiba Inu captured the attention of investors and crypto enthusiasts due to its impressive early-stage growth and dedicated community. However, the efforts of the "SHIB army" were not enough to keep the token afloat. Currently, it is trading 71.5% below its all-time high reached in October 2021.
A significant market crash often causes newcomers to panic and hastily sell off their assets. However, experienced traders view such events as an opportunity to build a solid medium- or long-term portfolio and acquire their desired coins at a discount.

Due to the bearish market conditions, the price of Cardano (ADA) risks falling short of reaching a crucial target, once again failing to reclaim $0.50 as a support level.
However, investors still have a chance to influence the situation if they demonstrate sufficient optimism.
$ADA

In the past, there has been an explosive rally after a skeptical phase in the market capitalization of altcoins.

Like the market itself, investors' mental models of the present state of affairs in the cryptocurrency industry follow predictable cycles.

But altcoins can only rally if Bitcoin's dominance starts to decline, which means that liquidity is leaving the main cryptocurrency. The dominance of Bitcoin has already peaked at 57%, according to analyst Yoddha, and is now declining.

$ALT

Journalist Mike Solana of Pirate Wires interviewed Jack Dorsey. According to the businessman, Bitcoin's most remarkable feature is the ecosystem-enhancing potential of all users of this blockchain. The result is that the price of digital gold goes up:

"By 2030, the price of Bitcoin will have surpassed $1 million."

Once again, Jack Dorsey stressed that Block will use 10% of Bitcoin's gross profits to buy new coins until 2024 ends.

Since Block complies with all legal requirements, the businessman is certain that the US federal prosecutor's office's investigation into the company will fail. The charges against Block include violations of the law and failure to comply with sanctions.

In a previous interview with Bitcoin Magazine, Jack Dorsey stated that Bitcoin has the ability to bring about "world peace" and "energy abundance."

$BTC

When Will WIF Coin Be Worth What It Is Now?

Today, the price traded at $3.16 but fell below $3 within a few hours. It is currently fighting to recover and reclaim the $3 mark. Even though the price of Bitcoin dropped by $3,000 unexpectedly today, WIF Coin lost less. At the moment, $3.18 is the key level of resistance that needs to be broken.
The anticipated breakout could lead to a 21% increase for WIF Coin, which is currently trading within an ascending wedge formation. Price action forming between two parallel lines with an upward slope has historically set off numerous large rallies. But as said before, the $3.18 level needs to become support.

Passage of the critical $3.5 level will signal the true breakout. It would be expected that demand would be stronger at this stage, particularly in futures. So what if the ascent doesn't materialize and WIF Coin hits new lows due to the continuing BTC decline? Should this occur, WIF Coin's value may decline to between $2.75 and $2.36.

$WIF

A 13% gain was made by Toncoin (TON) throughout the day.

The announcement that TON was invested in by venture capital behemoth Pantera Capital was a major factor in Toncoin's price increase. The price of the cryptocurrency increased by over 11% in reaction to this news.

Rebounding Solana (SOL) price

Solana (SOL) lost some of its value after a bearish divergence from the resistance level. The price of SOL, however, has climbed by over 9% in the last day.

$SOL

The main digital coin in the area increased in value to $61,750 during today's trade, but investors failed to capitalize on the price's full potential. The local bullish reaction in Bitcoin was triggered by data from the US labor market. The reported data shows that 231 thousand people applied for unemployment benefits, which is higher than the predicted value of 212 thousand. There appears to be a local labor market downturn going on right now.
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Renowned crypto analyst PlanB shares his price predictions as bulls and bears fight for dominance in the cryptocurrency sector, particularly the Bitcoin (BTC) market.

Compared to PlanB's 2019 prediction of $55,000, the average price of Bitcoin during the 2020–2024 halving cycle was $34,000.

The Future of Bitcoin Value: 2024–2032 Keeping this in mind, the specialist input new data into the S2F model and arrived at a $50,000 average Bitcoin price for the 2024–2028 halving cycle. In his view, the primary cryptocurrency will reach a price of $4 million during the next halving cycle, which takes place from 2028 to 2032.

Are you ready for some pawsitively exciting news? Hold on to your leashes because the beloved Shiba Inu meme-inspired cryptocurrency, SHIB, is set to skyrocket thanks to its integration into the PayPal payment system!
On May 2nd, the fintech company MoonPay unleashed a tail-wagging announcement about their collaboration with PayPal. This partnership opens the doors for PayPal users to purchase SHIB, along with Bitcoin, Ethereum (ETH), Solana (SOL), and a plethora of other digital assets using fiat currency. But wait, there's more! Thanks to MoonPay, soon PayPal users will also be able to sell their digital assets hassle-free.
Currently, these fur-tastic new services are exclusively available to our friends in the USA, but fear not, international doggos! Plans are in motion to extend these offerings to our pals in the UK and the EU in the future.
So, get ready to unleash your financial freedom and let your investments soar to the moon with SHIB and PayPal! It's a doggone good time to be in the crypto world!

The native cryptocurrency of the "third-generation blockchain" Cardano, ADA, is currently navigating through a complex market situation. After experiencing a brief price increase at the beginning of the month from $0.45 to $0.46, ADA has corrected and is hovering around the $0.45 mark.
Such a pattern of rapid growth followed by a decline reflects the enduring volatility and investor uncertainty surrounding the cryptocurrency. Despite the rise in the number of active addresses, signaling a resurgence of interest in the platform, the overall market sentiment remains subdued.
Forecasts from artificial intelligence sources, such as CoinCodex, remain relatively optimistic. It is anticipated that by May 31, 2024, the price of ADA will increase by 2.06%, reaching approximately $0.4613. This short-term forecast suggests that despite current market challenges, we may witness moderate upward movement in the coming weeks.

$ADA

While appearing on the American television channel CNBC, Tom Lee shared his prediction for the Bitcoin price by the end of 2024. The expert believes that the cryptocurrency's value will continue to rise and surpass the $500,000 mark over the next five years.
Lee justified his optimistic forecast by pointing out that the monetary policy of the Federal Reserve System of the United States will still undergo easing changes. Additionally, he noted that the number of people interested in purchasing the asset continues to grow.

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Short positions in ether have grown over the past day as news spread that Grayscale Investments has scrapped plans to launch an Ethereum futures exchange-traded fund.

In the last day, the value of the cryptocurrency with the second-largest market cap fell by 1.96% to $3,006.

With $345 million worth of short positions set to be liquidated if the price of Ether rises by 3%, the liquidation maps reveal that traders are increasingly confident in the near-term decline of the price. However, long positions would only lose $237 million in the event that ETH dropped 3% to $2,920 or lower.

Grayscale withdrew its application for ETH-ETF futures three weeks before the US Securities and Exchange Commission (SEC) decision, making Ether trading activity especially noticeable.

Despite the correction in major cryptocurrencies, the meme token sector is displaying a positive momentum. Leading the surge are WIF and BOME, with some analysts even predicting further growth. 🚀

$WIF $BOME

Why are cryptocurrencies always in great shape? Because they're always walking in the "blockchain"! And crypto investors? They just keep track of every "bit" of profit! 😄
$BTC $ETH $LTC