June 2024 – Page 3 – Coins Cap News
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Solana Poised For Epic Reversal? Analyst Spots Bullish Pattern Echoing 2022 Breakout

Cryptocurrency Market News

Solana (SOL), a cryptocurrency renowned for its fast transaction speeds, might be on the verge of a significant comeback. Technical analysts are drawing parallels between the current price chart and a previous pattern that preceded a substantial price surge in 2022, sparking optimism for a bullish reversal. Solana: Chart Pattern Suggests Possible Rebound The buzz…

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Will Bitcoin Continue Dumping? This Analyst Thinks So, Here’s Why

Bitcoin News

Bitcoin is consolidating, struggling for gains, and looking at price action in the daily chart. Even with the rejection of lower prices, the coin has yet to follow through, decisively reversing losses of June 24. Should Bitcoin Traders Brace For More Losses? In light of this, one analyst on X thinks there could be more…

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Spot Solana ETFs: Analyst Says Don’t Get Too Excited About The Market Recovery

Solana

Crypto analyst Ali Martinez has warned the crypto community not to get too excited about the recent market recovery trigger by Spot Solana ETFs filing. Bitcoin (BTC) and the broader crypto market witnessed a relief bounce following recent bullish developments, but the analyst highlighted what could send the market into a downtrend again.   Why The…

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Bitcoin Miner Selling Cools Off – Is This The Breakout Moment?

Bitcoin

In an analysis provided by CryptoQuant, a significant change in Bitcoin miner behavior has been noted, potentially indicating a turning point. CryptoQuant analyst, known as Crypto Dan, outlined a reduction in miners’ selling pressure, which has historically been a pivotal factor affecting Bitcoin’s price trajectory. Bitcoin Mining Selling Pressure Decreases According to Crypto Dan, “Miners’…

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WIF Heading For Rock Bottom? $2.2 Rejection Fuels Further Decline

Meme Coin

Dogwifhat (WIF) is experiencing increased bearish pressure after facing a significant rejection at the $2.13 resistance level. This rejection marks a pivotal moment, pushing the price downward and signaling potential continued losses for the cryptocurrency.  Market analysts and investors are closely watching this development, as the inability to break through the $2.13 barrier underscores prevailing…

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Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst

Cryptocurrency Market News

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a significant decline in value recently. Over the past month, its price has dropped by 15%, leading to concerns among investors about the future of this digital asset. The current situation raises questions about whether this downturn signals a prolonged decline or if it is merely…

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Dogecoin To The Moon? Crypto Analyst Predicts 440% Price Increase

Dogecoin

In a recent technical analysis by popular crypto analyst Big Mike (@Michael_EWpro), the likelihood of a substantial rise in Dogecoin (DOGE) has been spotlighted. Employing a blend of Elliott Wave theory, Fibonacci retracement levels, and crucial indicators such as the RSI and MACD, the analysis presents a bullish scenario that could greatly influence Dogecoin’s market…

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BlackRock Global Allocation Fund Reveals Major Bitcoin ETF Stake With 43,000 Shares

Bitcoin News

In a recent filing with the US Securities and Exchange Commission (SEC), the BlackRock Global Allocation Fund disclosed its ownership of 43,000 shares of the asset manager’s Bitcoin ETF, iShares Bitcoin Trust, as of April 30.  This announcement follows two previous filings by BlackRock on May 28, which disclosed the fund’s exposure to Bitcoin in…

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Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors

Ethereum News

Ethereum (ETH)’s struggles to regain the last cycle’s heights have brewed a bearish sentiment among some sectors of the crypto community. Its performance during Q2 has seemingly continued to fuel the sentiment. However, with rumors of an ETH ETF (Exchange-Traded Fund) approval being around the corner, analysts believe the ‘King of Altcoins’ is about to…

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