Bitcoin (BTC) price is currently trading above $92,000, but the $2,000 price swings are limiting the growth of altcoins. Experts say BTC$BTC If it reaches six-digit levels and stabilizes here, altcoins can gain value. In particular, the analysis of Solana (SOL), Ethereum (ETH) and Polygon (POL) Coin focuses on the performance of these assets against Bitcoin. SOL and ETH Situation Analysis$ETH Based on the SOLBTC chart, Miles Deutscher suggests that Solana (SOL) Coin could experience a bull flag breakout against Bitcoin. If Solana maintains its gains against Bitcoin, it could make strong moves upwards from the $240 level. He adds that meme coins in the Solana ecosystem could also gain value in the process.
Maximum supply refers to the total amount of a cryptocurrency that can be released into circulation. For example, Bitcoin’s maximum supply is capped at 21 million, meaning that the total supply of Bitcoin will never exceed 21 million units. Maximum supply is an important factor that determines the value of a cryptocurrency by affecting the supply and demand dynamics. The fact that cryptocurrencies have a certain supply limit makes them different from traditional fiat currencies. Because fiat currencies can be produced without limits, the supply in cryptocurrencies is fixed. This limited supply creates scarcity, and scarcity usually leads to an increase in the value of an asset. In the cryptocurrency market, two other terms that are frequently encountered along with maximum supply are total supply and circulating supply. Total supply includes all units currently on the market and those that will be released in the future, while circulating supply indicates the amount of units actively traded. Maximum supply determines the upper limit of this supply.
Litecoin (LTC) Soars, 65% Profitable Shareholder Ratio Could Offer Opportunities for Future Earnings
$LTC Litecoin (LTC) has been on a significant rally recently, with new data showing that 65% of investors are currently making profits. In the last month, LTC has gained 20.42% and reached $98, creating a strong sense of optimism in the markets. According to a report from IntoTheBlock, "With the price increase, we have reached the highest number of profitable investors since April," drawing attention to Litecoin's recent performance.
Are New Highs Possible for Dogecoin (DOGE)? Uptrends and Possible Challenges
Dogecoin (DOGE) has surged nearly 140% since November, suggesting that the leading meme cryptocurrency is making a significant comeback.$DOGE Recent statements from trader “DonAlt” suggest that DOGE could have further upside potential, and that this uptrend could reach new all-time highs. DonAlt says “The dog has the right to take the second leg” for DOGE, emphasizing his strong belief in continued bullish trends.
Master Analyst Bullish on These 3 Altcoins: Strong Runs Await!
The cryptocurrency market, despite some pullbacks, continues to remain in an upward trend. While Bitcoin struggles at $92,000, the altcoin market is generally positive. In this optimistic environment, an analyst with a large follower base is expecting an increase in three different tokens and states that these coins are preparing for a strong run. Inmortal Targets $5,000 for Ethereum! As optimism in the cryptocurrency market continues, analysts predict that some tokens could perform even stronger. An analyst using the pseudonym Inmortal notes that leading altcoin Ethereum is undergoing a brief period of consolidation before rising towards the $5,000 level. The analyst emphasizes that Ethereum has found strong support at $2,800, which is serving as the start of a new bull trend. At the time of writing, Ethereum was trading at $3,148, up 2.36% on the day. The analyst notes that ETH is about 36% away from its all-time high of $4,878, suggesting that further gains could be possible once this level is broken.
Solana (SOL) has been drawing attention in the cryptocurrency world with its recent strong rise. The cryptocurrency is currently approaching a significant resistance level, and optimism prevails among investors. One of the main reasons for this rise is the increase in the supply of Tether (USDT) and the effect of interest in meme coins. According to technical analysis, Solana is expected to enter a larger upward wave in the coming period.$SOL
Bitcoin Still Has Room to Rise: Analyst Shares New High Potential!
CryptoQuant analyst G a a h emphasized that Bitcoin’s current growth phase is healthy and there is still potential for price growth. The analyst said that positive signals regarding Bitcoin’s rise continue and that the Spent Output Profit Ratio (SOPR) indicator supports this growth. G a a h, especially the STH SOPR indicator, which analyzes short-term investors, stated that there is no extreme optimism (Extreme Greed) environment in the market yet. He stated that this situation shows that there is still enough room for Bitcoin's price to rise. In addition, when SOPR is examined with the 30-day moving average, it is observed that investors realize their profits moderately and there is no excessive enthusiasm in the market.
New Target Given for Popular Altcoin! 810 Percent Increase Expected!
$SOL As the price of Solana (SOL) approaches key resistance levels, optimism continues among investors. Tether’s (USDT) minting and increasing meme coin interest are also among the factors supporting this rise. Technical analysis shows that Solana has great upside potential. In recent weeks, Solana has seen a remarkable price increase and is approaching a critical resistance level. Tether’s (USDT) increase in supply could positively affect Solana’s price. Tether has minted $2 billion worth of USDT in the last 24 hours, redirecting all supply to exchanges. This increases liquidity in the market and supports investors’ purchasing power. Considering that Tether has used the same strategy in past bull markets, this move has created a positive atmosphere in the market.
Whale Activity Increases: Major Breakout Expected for That Altcoin!
POL whales have been accumulating heavily in recent days. They have amassed 140 million POL tokens worth $56 million, paving the way for a significant price increase. The increasing daily active addresses and trading volumes are strengthening the possibility of a continuation of the POL rally. According to analysts, if the bulls manage to keep the altcoin price above the $0.44 level, this could lead to a 50% increase in POL.
The excitement in the market is growing. Crypto analyst Ali Martinez drew attention to the movements of POL whales over the past four days. Martinez reported that whales have accumulated 140 million POL tokens worth over $56 million. He also noted that the critical support levels for the altcoin are between $0.375 and $0.386. If these levels hold, the resistance will remain weak and POL is expected to reach higher price levels.
$DOGE Cryptocurrency analyst Bluntz has made a remarkable prediction about Dogecoin (DOGE). Based on the Elliott Wave Theory, he stated that the popular meme coin’s price could rise to $0.85. The current price is 49% below Dogecoin’s all-time high, which has sparked interest among investors. Bluntz emphasized in his statements on social media platform X that Dogecoin has formed a strong support line at $ 0.339. Using Elliott Wave Theory, the analyst pointed to a target of $ 0.85 and suggested that this level could be the peak of a five-wave rise for DOGE. He also stated that although DOGE has been on a calm course throughout the week, he expects a more volatile movement towards the weekend.
Critical Support Zone for Shiba Inu (SHIB): Upside Probabilities and Market Sentiment Analysis
$SHIB Shiba Inu (SHIB) is preparing to cross a critical threshold as it approaches a key support zone of 55 trillion coins. This zone, the price range between $0.000024 and $0.000025, could be a harbinger of a potential upward move and stands out as a key point of market resistance. This support level performs strongly during periods of volatility. According to COINOTAG, “The intense buying activity in this support zone is creating a strong foundation that could have a significant impact on SHIB’s future price movements.” Shiba Inu is moving towards a support zone where investors are making significant purchases, which is stabilizing the price and triggering a move towards growth.
Possible 40% Price Increase for XRP: Technical Indicators and Market Dynamics Need to Be Considered
$XRP While XRP is likely to show mixed results in the coming weeks, technical indicators and market sentiment suggest that the price is facing a potentially bullish wave. Despite recent profit-taking, XRP’s overall bullish sentiment continues to be supported by a notable trading volume increase and positive chart patterns. According to COINOTAG’s analysis, XRP’s short-term trajectory will largely depend on external factors—especially regulatory news and market reactions. The crypto asset is entering a potential recovery phase following its recent price correction. Earlier this month, XRP surged by a significant 149%, largely driven by geopolitical developments, before hitting a three-year high of $1.26 before falling to $1.10.
The Rise of Dogecoin and Bitcoin’s Reshaping Market: Possible Developments for the Future
Bitcoin's rise, Dogecoin's$DOGE is finding support with its impressive bounce, reflecting increasing optimism in the cryptocurrency market with a retest of the $0.40 level. After a period of calm market conditions, Dogecoin has surged by an impressive 188% in the past 30 days, reigniting interest in meme-based cryptocurrencies. According to COINOTAG data, Dogecoin’s rise is directly linked to the social media support of powerful figures like Elon Musk. Musk’s influence continues to have a significant impact on the crypto world, while increasing Dogecoin’s popularity.
It's not too late yet, when will Pepe coin reach $0.0005: Here are the expected dates
$PEPE Pepe Coin (PEPE) has experienced a remarkable price increase along with Bitcoin’s recent rise and has attracted the attention of investors. Although it is stated that PEPE could offer millions of dollars in earning opportunities if it reaches $0.0005, it is emphasized that investors should be cautious due to high volatility. In recent weeks, Pepe Coin (PEPE) has gained significant momentum and attracted attention in the crypto market. With Bitcoin reaching all-time highs, PEPE has also seen a significant price increase. The frog-themed meme coin briefly ranked in the top 20 in terms of market cap, but has now fallen to 22nd place. Despite a 3.6% correction on a daily basis, PEPE has gained 55.6% on a weekly basis, 149% on a 14-day basis, and 96.6% on a monthly basis. More notably, PEPE has gained 1695.3% since November 2023 and 36,472.5% since April 2023.
A New Terra? Binance Made a Statement for That Token!
Binance introduced a new product, BFUSD, on Monday. It will be launched as a “reward-bearing margin asset” for futures trading, offering an annualized yield (APY) of 19.55%. It can also be used as collateral. Binance noted that BFUSD has not yet been launched and is not a stablecoin, but a statement on the footer of its website caught investors’ attention. The world’s largest cryptocurrency exchange, Binance, has introduced its new high-yielding BFUSD token. However, concerns soon arose that the token was a stablecoin. In an effort to clear up these misconceptions, Binance clarified that BFUSD is not a stablecoin but rather a margin asset that carries rewards for futures trading. It also noted that the token has not yet been launched.
Hayes Now Focuses on This Altcoin: He Made a 180 Percent!
The price of Deep Worm has increased by almost 180%, reviving the interest of investors in the meme coin sector. This huge increase has revived the interest in meme coins, and the bold predictions about WORM, especially made by BitMEX co-founder Arthur Hayes, have created a positive atmosphere for the asset’s rally. Hayes’ latest comments have further reinforced the already optimistic mood in the crypto market. Altcoin Price On The Rise Deep Worm’s rapid price appreciation reflects the growing interest in the meme coin world, which is typically driven by community support and speculative investments. WORM’s performance continues to reflect investors’ interest in high-risk-high-reward strategies despite market volatility, and this is in line with a broader crypto trend. Arthur Hayes, known for his outspokenness in the crypto world, shared an exciting post about WORM on the X platform. Hayes described WORM as a “DeSci (Decentralized Science) project with dubious benefits,” but noted that the token could gain significant value. “Are you ready to go to the moon? $WORM is going to a billion,” he said. The comment marked a sudden shift from Hayes’ previous cautious approach and has created a confidence-boosting effect in the crypto market.
Bitcoin market cap hits $11 trillion: A strong bullish sign for a price rally?
$BTC Bitcoin has entered a consolidation period after hitting a new high of $93,500, and BlackRock’s BTC holdings have attracted attention. The launch of BlackRock’s Bitcoin ETF options is expected to accelerate BTC’s price rally. As Bitcoin heads toward the $100,000 target, market risks and opportunities remain on investors’ radars. Bitcoin recently reached a new all-time high (ATH) of $93,500 before consolidating around $91,000. The bears’ failure to suppress gains due to low trading volumes is a sign that a new rally is imminent. BlackRock’s BTC holdings have increased significantly since the launch of its Bitcoin ETF, reaching 472,000. More volatility is expected in BTC prices as BlackRock’s ETF options become active in the next 24 hours.
Santiment: Bitcoin and 5 Altcoins Have Upside Potential in Light of This Data
Santiment stated that changes in the number of non-empty wallets in cryptocurrencies may indicate the upward potential of Bitcoin and 5 other altcoins. On-chain analytics platform Santiment has provided important data on how changes in the number of active wallets on cryptocurrency networks can affect market participants’ sentiment and price movements. Santiment emphasized that a decrease in the total number of wallets on a network is usually an indicator of fear (FUD) and panic selling (capitulation) among new investors, which could be a positive sign for coin prices in the long term.
Is Approval That Will Send XRP Price Soaring Postponed to 2025? Ripple’s Legal Victories Give Hope!
Jeremy Hogan announced that the SEC's decision on the XRP exchange-traded fund (ETF) application could be delayed until 2025. Pro-XRP$XRP Hogan, the lawyer for the court, said that applications can usually take six to 12 months to process and that if the appeals process progresses normally, a decision could be made by the summer. Bitwise Asset Management attracted attention in October when it filed an XRP ETF application with the SEC. The company’s Chief Investment Officer Matt Hougan emphasized that their application reflects confidence in the potential of XRP. “We only file applications that have a high probability of being approved,” Hougan said. This statement, combined with Ripple’s $1 regulatory victories, has created positive expectations for the future of XRP.
Analysis Company Announces Bitcoin Forecast, Gives Good News of Rally for Altcoins!
$BTC Although the Bitcoin rally has stalled in recent days, price action has been experiencing high volatility. However, expectations for BTC to reach $100,000 are still strong. QCP Capital analysts say that Bitcoin reaching $100,000 is a completely achievable goal. Analysts argue that Bitcoin will reach this level thanks to the positive political and economic environment and increasing institutional demand. They also point out that despite the net outflows in ETFs on Thursday and Friday last week, BTC still finds strong support and institutional adoption continues. Analysts no longer see Bitcoin reaching $100,000 as an impossible scenario.