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The latest Pi Network surge has captivated crypto investors right now after its prices nearly doubled following a technical breakout from a descending triangle pattern. The recent price action and subsequent consolidation have had many traders excited about what might come next. Recent Pi Network price prediction Analysis also suggests some great potential upside toward $1.87 after completing a corrective phase at $0.38. Pi coin target levels are being closely watched right now as the cryptocurrency investment risks still remain elevated. Also Read: Ripple’s XRP Forecasted To Reach $5.5, Here’s When Pi Network Price Prediction and Volatility Insights for Investors Technical Breakout Signals New Bullish Phase The Pi Network surge shows clear signs of trend reversal on technical charts at the time of writing. Several analysts have pointed out that the Analysis indicates completion of a five-wave Elliott pattern followed by an A-B-C-D-E correction, which is often seen at major market tu...

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A widely followed trader who nailed the crypto bull market top in 2022 believes the altcoin market is gearing up to spark an upside burst. Pseudonymous analyst Pentoshi tells his 843,900 followers on the social media platform X that he’s keeping a close watch on the OTHERS chart, which tracks the market cap of all crypto excluding the 10 largest coins and stablecoins. According to Pentoshi, OTHERS is flashing a bullish continuation signal as it threatens to take out its final resistance at around $500 billion. “Say what you will, but alts look great as a whole here. Bull flag/consolidation over the previous highs from last year. Markup soon.”  Source: Pentoshi/X Traders keep an eye on the OTHERS chart to get a broad sense of how the altcoin markets are likely to perform. Meanwhile, a bull flag typically indicates that an asset is taking a breather before igniting a fresh leg up. At time of writing, OTHERS is trading at $362.22 billion. Pent...

A widely followed crypto analyst is suddenly turning bullish on one Ethereum (ETH)-based altcoin after its correction this week. In a new thread on the social media platform X, crypto trader Justin Bennett tells 115,500 followers that CRV, the native token of stablecoin lending platform CurveDAO, could soar more than 600% from its current value. “Well, we didn’t get my extremely hopeful $0.40-$0.50 buy zone on CRV. I had a [prayer] there for a reason. Lol. So I bought [Friday’s] blood, and I’ll add more on a weekly close above $0.87. $6-plus potential in my opinion.” Source: Justin Bennett/X CRV is trading for $0.77 at time of writing, down more than 14% in the last 24 hours. Next up, the trader says that Solana (SOL) may be gearing up for a breakout after correcting into the $180 range. “SOL into $180s. As mentioned two days ago [on December 18th], this is the ideal buying opportunity in my opinion. It’s somewhat of a ...

The cryptocurrency market is ending 2024 on a great note. While Bitcoin (BTC) continues to record new peaks, the rest of the market is still far behind. Dogecoin (DOGE) has witnessed a notable spike over the past two months. Despite this, the OG meme cryptocurrency is 45% below its all-time high of $0.7376. The asset hit this peak about four years ago, in 2021. Amidst this, the community has been rooting for DOGE to reach a new high. Also Read: Duma Official Aksakov: Russia’s Crypto Exchange Key to De-Dollarization Dogecoin’s Current Price Level Source: CoinMarketCap Dogecoin was trading at a low of $0.1050 back in October. Following this, the meme coin surged all the way to a high of $0.4835. During the time of writing, the asset was trading at $0.4052, following a 1.54% uptick over the past 24 hours. It should be noted that this year, Dogecoin has increased 350%. This is consistent with the upgrade of the overall cryptocurrency industry. Elon Musk’s Department of Governmen...

The cryptocurrency industry has been on an upward trajectory. Several assets were pocketing major gains throughout the day. As the community waited for Bitcoin (BTC) to reach the $100,000 mark, a portion of them were counting down the time for Ethereum (ETH) to hit $4,000. While the odds were seemingly in favor of the largest altcoin, a new obstacle presented itself before the market. Also Read: ChatGPT Reveals When Dogecoin Will Surge To A High of $1.5 Ethereum’s Price Range Source The second largest cryptocurrency, Ethereum has surged by over 30% over the past month. The asset managed to rise all the way to a high of $3,420. This rise was much needed for the ETH ecosystem as the asset has barely recorded gains over the past years. The altcoin still remains 31% below its all-time high of $4,891 which was achieved about three years ago. At press time, ETH was trading at $3,364.10 after a 7.62% rise over the past 24 hours. For Ethereum to reach a high of $4,000, the asset will have...

A closely followed crypto strategist and trader thinks Ethereum (ETH) is gearing up to ignite big breakout rallies. Pseudonymous analyst Inmortal shares a chart with his 217,500 followers on the social media platform X suggesting that Ethereum will see one final dip before sparking a 75% surge to his target of $4,100. “Call me crazy, but I think ETH is a good SPOT trade here. Slower than SOL, but safer.”  Source: Inmortal/X Zooming in on Ethereum, Inmortal notes that ETH has already broken out of its horizontal resistance on the low time frame. “ETH showing the way. Classic consolidation below resistance + higher lows.”  Source: Inmortal/X At time of writing, Ethereum is trading for $2,668. Turning to Ethereum challenger Solana, Inmortal shares a chart suggesting that SOL is mirroring its 2021 price action when it witnessed a lengthy consolidation period before a massive eruption. “SOL.”  Source: Inmortal/X In 2021, SO...

With the token’s continued stagnation, the market is awaiting whether or not Ripple still has a chance to reach $1 at some point this year. Such an increase would require the crypto to increase by nearly 70%. Although that feat is certainly expensive, would it be insurmountable? The greatest benefit Ripple has currently is the positive sentiment it’s embracing. The network is set to release its very own RLUSD stablecoin. With that asset class surging, and Ripple’s already thorough cross-border payment proficiency, it could form the perfect storm for its native token. Also Read: Weekend Price Prediction For Dogecoin (Doge) & Ripple (XRP)- Sept 29, 2024 Can Ripple Still Hit $1? XRP Looks to Cimb 70% To Hit the Mark Entering 2024, Ripple was a crypto that had immense potential. The asset had faced a difficult time increasing in value amid its ongoing legal battle with the US Securities and Exchange Commission (SEC). Yet, the anticipation of the end of that court case led ...

Though the period arguably started much earlier, the U.S. election cycle has been nothing if not chaotic ever since the shocking debate between President Biden and former President Trump. Along with the ultimately successful pressure on Joe Biden to drop out of the race, the most dramatic event so far has been the July 13 assassination attempt against Donald Trump. Along with the wounding of the Republican candidate and killing of one rally attendee, the incident sparked wild speculation and led to an expectation of a red wall in November – much like the results of the 1984 election following the 1982 attempt on Reagan’s life – and, indeed, led to the creation of multiple event-inspired cryptocurrencies . Picks for you How VP Kamala Harris invests her money 57 mins ago ...

Investor enthusiasm for crypto-related investment products saw a notable increase last week amid a broader market downturn.  According to CoinShares ‘ latest report, these financial instruments experienced net inflows of $2 billion, mirroring the total inflows for the entire month of May.  This marks the fifth consecutive week of positive inflow s, with assets accumulating approximately $4.3 billion in investment s during this period. Picks for you Market expert sets next Bitcoin target after rejecting $71,000 27 mins ago Bitcoin boom: 7.3 million new BTC addresses added in H1 2024 56 mins ago Here’s when Bitcoin will hit $100k, acc...

Jupiter’s JWGs initiative drives JUP price surge, fostering collaboration & growth. Bitcoin Dogs prepares for historic BRC20 ICO, promising immersive gaming & NFTs. Investors weigh the potential of Bitcoin Dogs’ innovative ICO against Jupiter’s JWGs. The Crypto space is abuzz with excitement as Jupiter’s groundbreaking initiative, the Jupiter Work Groups (JWGs), propels the JUP token to new heights. At the same time, Bitcoin Dogs is set to make its mark with the first-ever ICO on the Bitcoin blockchain. Let’s delve into the details, exploring how these developments are shaping the Crypto investment landscape. Jupiter’s JWGs initiative sparks JUP surge The recent unveiling of the Jupiter Work Groups (JWGs) initiative by the Jupiter founder has sent shockwaves through the Crypto community, notably driving up the price of JUP tokens. At press time, JUP was trading at $0.503 up 5% in the past 24 hours. The initia...

The crypto market endured quite a lot this year. From the bears taking over to the plummet of several prominent projects, 2022 wasn’t a very good year for the market . Despite this, the adoption sentiment around the industry has continued to remain pertinent. Bitcoin ATM installation rate witnessed a massive spike this year. A plethora of Bitcoin ATMs has been installed in 2022 which further boosted this rate by 28 percent compared to last year. Canada welcomed about 400 Bitcoin ATMs since January. Back in 2021, the number of ATMs in the region was under 2,000 around the same time. However, following the 28 percent surge, the numbers shot up to 2,549. Source There were 2,479 ATMs in Q2 2022 and 2,545 ATMs in Q3 2022. Compared to most other regions, the nation has seen an average of 100 new Bitcoin ATMs added each quarter. At present, there are a total of 38.750 Bitcoin ATMs across the globe. It should be noted that Canada was second on the list of Bitcoin ATMs. The...