August 2024 – Page 10 – Coins Cap News
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AAVE Breaks Out Of 2-Year Accumulation Range, Is A Parabolic Run Ahead?

Cryptocurrency Market News

AAVE has become one of the best-performing cryptocurrencies this month. Throughout August’s market retraces, AAVE has remained among the few tokens registering green numbers in most timeframes. The cryptocurrency recently broke above a crucial level, which made investors and analysts turn their eyes to the token. Its recent performance suggests a parabolic run is around…

AAVE Breaks Out Of 2-Year Accumulation Range, Is A Parabolic Run Ahead? Read More »

Bitcoin’s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift?

Bitcoin News

A recent analysis from a CryptoQuant analyst has raised concerns over Bitcoin MVRV Ratio Momentum. The MVRV ratio, a critical indicator in on-chain analysis, represents the ratio between Bitcoin’s realized and market values. It serves as a tool to assess whether the market is overvalued or undervalued. By applying 30-day and 365-day moving averages (DMA)…

Bitcoin’s MVRV Ratio Nears Critical Death Cross: Will The Market See A Bearish Shift? Read More »

Ethereum Price Ready to Climb if It Overcomes Key Resistance

Eth

Ethereum price is consolidating above the $2,550 resistance. ETH could gain bullish momentum if it clears the $2,650 resistance zone. Ethereum is struggling to gain pace for a move above the $2,650 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at…

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XRP Smashes Through Resistance, Could Soar 15%, Analyst Says

Cryptocurrency Market News

Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the…

XRP Smashes Through Resistance, Could Soar 15%, Analyst Says Read More »

Cardano Kicked Out Of Top 10 Crypto By Market Cap, What’s Going On?

Cardano

In an unexpected twist of events, Cardano (ADA) has officially been ousted from the top 10 cryptocurrencies by market capitalization. The popular altcoin has also been usurped by Tron (TRX), marking a significant shift in the crypto market.  Cardano’s Fall From Grace  According to reports from CoinMarketCap, Cardano has dropped out of the top 10…

Cardano Kicked Out Of Top 10 Crypto By Market Cap, What’s Going On? Read More »

Cryptocurrency Investors Join Mpeppe With Sirwin & Bitstarz Profits, 20% Instant Bonus Available Now

Altcoin

In the ever-evolving world of cryptocurrency, savvy investors are always on the lookout for opportunities to maximize their profits while exploring innovative projects. Recently, a new trend has emerged among cryptocurrency investors, combining the potential of Mpeppe (MPEPE) with the exciting gaming experiences offered by SirWin Casino and BitStarz. This unique combination not only provides…

Cryptocurrency Investors Join Mpeppe With Sirwin & Bitstarz Profits, 20% Instant Bonus Available Now Read More »

Avalanche (AVAX) Consolidation Continues As Funding Rate Signals Possible Market Shift

Avalanche

Avalanche (AVAX) has needed help recovering its losses in this volatile crypto market. Compared to other Layer-1 (L1) blockchains, AVAX consolidation could have been faster, raising concerns about its future performance. Despite this uncertainty, recent price action shows AVAX consolidation above the $19.80 support, trading at $22.11 when writing and creating a positive sentiment among…

Avalanche (AVAX) Consolidation Continues As Funding Rate Signals Possible Market Shift Read More »

Dogecoin Soars 6.5% Following Elon Musk’s Post, Is A Breakout Imminent?

Dogecoin

Dogecoin (DOGE), the largest memecoin by market capitalization, recently received acknowledgment from Tesla’s CEO on X. Elon Musk’s post sparked a frenzy among crypto investors and the DOGE community, reflecting on the token’s price. Following the recent surge, some analysts believe it’s only a matter of time before a major breakout. Elon Musk Excites The…

Dogecoin Soars 6.5% Following Elon Musk’s Post, Is A Breakout Imminent? Read More »

Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn

Ethereum

Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has stage for a bullish turn. Metrics Signalling End Of The Slump According to the post by…

Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn Read More »

Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs?

Ethereum

As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network.  Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could…

Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs? Read More »

Bitcoin Maintains Market Dominance With $42 Million In Inflows

Bitcoin News

Digital asset investment funds witnessed another week of inflows last week, albeit at a small amount, to extend the run of inflows to two consecutive weeks. Notably, investment funds attracted a net inflow of $30 million last week. One of the key highlights of the week was Bitcoin’s strong performance in attracting investor interest. After…

Bitcoin Maintains Market Dominance With $42 Million In Inflows Read More »

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