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The main tag of cryptocurrency price today Articles.
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Some coins are trying to get back to the green zone, according to CoinStats.
The price of XRP has increased by 1.13% over the last day.
Respectively, ongoing sideways trading in the zone of $0.51-$0.52 is the more likely scenario until the end of the week.
XRP is trading at $0.5190 at press time.
About the author
Denys Serhiichuk
Solana price forecast: SOL has seen a significant surge in price over the past 24 hours after a bullish breakout. The altcoin is currently rallying above $160, marking an impressive increase of 13.42% in just one day. At the time of writting, Solana price is trading at $163.18, a remarkable jump from its previous value of $143 level, indicating an ascending trend.
The cryptocurrency’s market capitalization has also seen a substantial boost, climbing to $73 billion, securing its position at 5 in the market cap rankings. The 24-hour trading volume for Solana has surged by 83.97%, reaching $4 billion, which indicates a growing interest and trading activity around this asset.
Over the past week, the Solana price has gained more than 13%, with a more bullish head. SOL price has been trading in the range of $130-$163, indicating buying pressure in the market.
Most of the cryptocurrencies today have also experienced a notable surge in the mark, with BTC rallying above $66,000 and Ethereum trading above $3,000 level, fueling the crypto market.
Solana has seen a surge in demand after Robinhood Crypto launched its first staking product featuring Solana. This service, available to European users, allows them to earn yields on their SOL holdings. The total value locked in Solana staking has risen by 9% following this announcement.
Just in: @RobinhoodCrypto EU now supports Solana staking, introducing their first-ever crypto staking product! 🔥
Learn more👇 https://t.co/aHXj1rgL8P
— Solana (@solana) May 15, 2024
European users can now stake their SOL through the Robinhood app, enjoying the flexibility to unstake their funds anytime. This new feature is designed to offer customers a convenient way to earn returns on their investments.
According to data from defillama, Solana’s Total Value Locked (TVL) has significantly increased, reaching an impressive $4.477 billion. This milestone highlights the growing trust and adoption of the Solana blockchain within the decentralized finance (DeFi) ecosystem.
If Solana’s value surpasses the $170 resistance level, it could signal renewed bullish activity. This momentum might drive the cryptocurrency toward the $180 mark. If Solana maintains this level, it could pave the way for a move toward the $200 resistance threshold soon.
Conversely, a trend reversal might see SOL value falling back to the $150 support level. Continued seller dominance could push the price toward a lower support zone at $120, indicating a potential bearish phase in the market.
The technical indicators for Solana price prediction on the 4-hour chart suggest a potential upward momentum. The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover with the MACD line moving above the signal line. This suggests a potential upward momentum. The histogram is in positive territory, further indicating bullish sentiment.


The Awesome Oscillator value is at 9.57. This is a strong positive value, suggesting that the momentum is in favor of the bulls. The green bars in the AO histogram further indicate increasing bullish momentum. The Relative Strength Index (RSI) has reached 74.78, indicating that the asset is currently in overbought territory.
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A further market decline can be postponed, according to CoinMarketCap.Top coins by CoinMarketCap
The price of Ethereum ETHUSD has risen by 0.83% since yesterday.Image by TradingView
Despite today’s growth, the rate of ETH is looking bearish on the hourly chart. If the daily bar closes below the local support level of $2,973, bears may again seize the initiative, which can lead to a drop to the $2,900 zone.Image by TradingView
Bulls could not keep the rise going after yesterday’s bullish closure. If the situation does not change by the end of the day, there is a chance to see a test of the support of $2,852 until the end of the week.Image by TradingView
From the midterm point of view, none of the sides is dominating as the price is far from the main levels.
However, if buyers lose the $2,900 zone, the accumulated energy might be enough for a breakout, followed by a move to the $2,600-$2,700 range.
Ethereum is trading at $2,957 at press time.
Over the last seven days, Polygon’s price has raised 3%, reaching $1,33 mark, and is currently trying to break north of the $1,35 point.
That would represent a multi-month high for the crypto that powers the layer-2 Ethereum scaling solution.
This left some experts surprised with Polygon’s resilience, as it faces the higher-than-expected US inflation.
On the other side, a larger number of analysts say that MATICs resilience is nothing to be surprised by, considering the growing number of game developers choosing the scaling network for their launch site instead of ETHs mainnet.
One of those companies is Square Enix, which just announced its first NFT game, Symbiogenesis, which will launch on Polygon’s gaming ecosystem.
According to the prediction of some crypto experts, we could even see Polygon going over the $3 mark at the end of 2023, which would even break its previous ATH of $2,92.
|
Q1 2023 |
$1.42 |
|
Q2 2023 |
$1.95 |
|
Q3 2023 |
$2.68 |
|
Q4 2023 |
$3.07 |
As you can see, experts seem to believe Polygon’s bullish momentum will continue and can bring nice gains in the future. However, these gains won’t go over 2-3x.
Projects that we will cover next are displaying signs for much bigger returns in a shorter amount of time.
Play-to-earn projects are gaining more and more traction with each year, and analysts predict that Meta Masters Guild could become the king of them all.
MEMAG is focusing on play & earn, rather than just play-to-earn. And this philosophy is the reason why Meta could reach incredible heights in this crypto sector.
In order to create a system where players will actually enjoy playing games, instead of playing them simply for profit, MEMAG had to create a multiple-title ecosystem.
So far, they have announced three games – Meta Kart Racers, Meta Masters World, and NFT Raid. With more games to come as the Guild develops.
The project has gathered an incredible amount of media hype since it was announced and many experts believe that the project could bring 10,000% returns once it goes live.
Fight Out is a new move-to-earn crypto that leveraged Web3, blockchain technology, and real-world benefits for their user in order to create the best fitness platform on the market.
FGHT has partnered up with world-class athletes around the globe to provide personalized workout regimes to every individual user.
Fitness enthusiasts can now use the Fight Out app to track a wider variety of physical activities, beyond just walking. This includes activities like weightlifting, yoga, and cycling.
In addition to that, FGHT holders will acquire their soulbound NFT avatars that will mirror their gains in the real world.
But it doesn’t stop there, namely, the team has announced the launch of the Fight Out gym chain in over 20 capital cities across the world. In those gyms, members will be able to use state-of-the-art equipment and showcase their NFTs.
With all of these features and plans, the team has secured Fight Out’s domination over the M2E space.
Due to the ongoing presale, FGHT tokens can now be bought at a discounted price. Not for very long though, seeing how presale will probably sell out much faster than anticipated.
RobotEra (TARO) is an upcoming Metaverse-based crypto game that has generated a lot of excitement among gamers.
The game features a post-apocalyptic digital world, robot NFTs, land trading, and player networking, among other things.
What’s more, the game offers various opportunities for players to earn money, including completing tasks, selling NFTs, and trading parcels.
Although the game is still in its first presale phase, players are encouraged to join soon because the price will rise with every presale phase.
C+Charge is a new crypto project that focuses on the renewable energy sector – Electric Vehicle charging to be precise.
Its main goal is to incentivize electric vehicle drivers by rewarding them with carbon credits for using designated charging stations.
To support this, CCHG is developing a robust mobile application that will help drivers find the nearest charging stations and provide information about potential wait times.
C+Charge has just signed a new partnership with Perfect Solutions Turkey, which will designate 20% of EV chargers in Turkey to the project.
New partnerships, innovative use of blockchain, and a skilled team are all the reasons behind investors’ bullish prediction for the project.
Elon Musk, the CEO of Tesla, has been a strong advocate of DOGE, a meme-based cryptocurrency, and is widely credited with contributing to its popularity.
However, he has been silent about it for some time now.
Despite the DOGE’s drop in value over the last two weeks, crypto analysts predict that it could easily bring 5x returns in the next couple of months.
These predictions are reasoned by the new use cases announced for Dogecoin.
Expert’s opinion seem to be positive about the future of the Polygon, with new bullish momentums expected at the end of March with the launch of zkEVM.
Despite the positive predictions, due to Polygon’s strong dependency on the Ethereum network, we can’t expect to see any larger returns for the foreseeable future.
If that’s you’re on the lookout for larger gains, projects like MEMAG, FGHT, TARO, and CCHG are worth looking into.
Due to their innovative use of blockchain, and incredible features experts are stating that they will be the most profitable projects of the year.
This increase brings the market capitalization to approximately $16.24 billion, securing its position as the 10th largest cryptocurrency by market cap. The 24-hour trading volume for Cardano has also experienced a significant boost, climbing by 57.99% to $421.79 million.
Over the past week, the price of ADA has fluctuated between $0.42 and $0.46, with a slight surge of more than 1% after a bullish trend. However, over the past month, the ADA price has seen a slight decrease, reflecting the broader market trends and investor sentiment.
Most of the cryptocurrencies today are trading green after a bullish breakout. The cryptocurrencies are recovering as investors regain confidence, driving prices upward and creating a positive momentum in the market. Bitcoin, Ethereum, Solana, and other major cryptocurrencies are seeing significant gains.
According to data from DeFiLlama, Cardano’s Total Value Locked (TVL) has reached $261.03 million. The TVL is a key metric that reflects the total amount of assets locked in the Cardano ecosystem, indicating the level of activity and investment within its decentralized finance (DeFi) space.
Stablecoins within the Cardano network have a market capitalization of $16.13 million, contributing to the overall TVL. The data highlights Cardano’s growing prominence in the DeFi sector as it continues to attract more assets and users.
If Cardano manages to break through the $0.5 resistance, a significant upward movement could follow. This momentum might push the cryptocurrency to $0.6 by the end of the week. Such a rise could lead to testing the crucial resistance level at $1.
Conversely, if the market turns bearish, the ADA price might drop to around $0.45. Persistent selling pressure could worsen the decline, potentially driving the price down to a lower support level near $0.4 soon.
The 4-hour technical indicators for Cardano (ADA) show bullish signals in the near term. The Relative Strength Index (RSI) is currently at 61.77, indicating that the asset is approaching overbought territory.
This suggests there may still be room for upward movement. The Chaikin Money Flow (CMF) indicator shows a value of 0.27 for ADA. This suggests that there is buying pressure in the market, as the CMF is positive.
The MACD (Moving Average Convergence Divergence) indicator shows a slightly positive sentiment. The MACD line is at 0.0031, slightly above the signal line at 0.0027, which typically indicates a bullish trend.
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The cryptocurrency’s market capitalization has also seen a substantial boost, climbing to $73 billion, securing its position at 5 in the market cap rankings. The 24-hour trading volume for Solana has surged by 83.97%, reaching $4 billion, which indicates a growing interest and trading activity around this asset.
Over the past week, the Solana price has gained more than 13%, with a more bullish head. SOL price has been trading in the range of $130-$163, indicating buying pressure in the market.
Most of the cryptocurrencies today have also experienced a notable surge in the mark, with BTC rallying above $66,000 and Ethereum trading above $3,000 level, fueling the crypto market.
Solana has seen a surge in demand after Robinhood Crypto launched its first staking product featuring Solana. This service, available to European users, allows them to earn yields on their SOL holdings. The total value locked in Solana staking has risen by 9% following this announcement.
European users can now stake their SOL through the Robinhood app, enjoying the flexibility to unstake their funds anytime. This new feature is designed to offer customers a convenient way to earn returns on their investments.
According to data from defillama, Solana’s Total Value Locked (TVL) has significantly increased, reaching an impressive $4.477 billion. This milestone highlights the growing trust and adoption of the Solana blockchain within the decentralized finance (DeFi) ecosystem.
If Solana’s value surpasses the $170 resistance level, it could signal renewed bullish activity. This momentum might drive the cryptocurrency toward the $180 mark. If Solana maintains this level, it could pave the way for a move toward the $200 resistance threshold soon.
Conversely, a trend reversal might see SOL value falling back to the $150 support level. Continued seller dominance could push the price toward a lower support zone at $120, indicating a potential bearish phase in the market.
The technical indicators for Solana price prediction on the 4-hour chart suggest a potential upward momentum. The Moving Average Convergence Divergence (MACD) indicator shows a bullish crossover with the MACD line moving above the signal line. This suggests a potential upward momentum. The histogram is in positive territory, further indicating bullish sentiment.
The Awesome Oscillator value is at 9.57. This is a strong positive value, suggesting that the momentum is in favor of the bulls. The green bars in the AO histogram further indicate increasing bullish momentum. The Relative Strength Index (RSI) has reached 74.78, indicating that the asset is currently in overbought territory.
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Following this month’s recovery from a low of $120 to a high of $159, Solana faced rejection again and pulled back but it later found support and managed to stay above the $140 level for two weeks.
It attempted to break down this level on Monday but failed due to a quick bounce, which later led to a bullish close. The bulls failed to sustain momentum yesterday and the price rolled back, closing bearishly.
Today, trading volume increased as the bulls stepped back and the price surged near the crucial $160 level, which has been a major obstacle for the bulls for a month. A tough resistance lies ahead even if they manage to cross over it.
Failure to crossover may result in a slight pullback before advancing higher. While the market is well-supported by the $116 level, a drop below it could lead to a huge loss.
Now that the market narrative is changing positively, Sol may witness more surges in the upcoming days. It must climb back above the $200 level to validate its long-term bullish continuation.
A successful flip through $160 could activate a quick run to $170 and $185 to test a two-month descending resistance line before breaking up.
Currently, the $149 level is considered minor support in case of a pullback. Below it lies the major $136 support, followed by $126.3 for further loss.
Key Resistance Levels: $160, $170, $185
Key Support Levels: $149, $136, $126.3
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: alexandarilich/123RF // Image Effects by Colorcinch
Dogecoin (DOGE) price is trading with a bullish bias, leading meme coins north as sector bulls resurface. This show of hand comes after Bitcoin (BTC) price broke past the $65,000 threshold and could extend if the pioneer cryptocurrency holds above this level.
Dogecoin price has breached resistance due to the descending trendline for the first time since late March. It follows growing bullish momentum, shown by the higher lows on the Relative Strength Index (RSI).
If this momentum indicator manages another high low above the mean level of 50, Dogecoin price could extend the climb to shatter the $0.16 resistance level. Based on the volume profile, the spikes in the nodes shows there is more bearish than bullish activity waiting to interact with DOGE below this level.
If bull can haul above it, the $0.18 target would be reachable for Dogecoin price. In a highly bullish case, the bulls residing near $0.18 would push DOGE price to the $0.20 psychological level, last tested on April 12.
Besides the rising RSI, the Awesome Oscillator is also edging toward positive territory, showing a growing bullish momentum and therefore sentiment. A green Awesome Oscillator signals that the most recent market momentum is bullish. When it is climbing towards positive territory, it suggests that the bullish momentum is strengthening.
Noteworthy, investors should watch for the steepness of the climb towards positive territory, as it can also indicate the strength of the bullish trend. A sharp rise suggests strong buying activity and conviction among market participants.
DOGE/USDT 1-day chart
If early profit taking commences, however, Dogecoin price could retract. A breakdown below the descending trendline would effectively see DOGE lose the critical support at $0.13.
In a dire case where Dogecoin price breaks below $0.12, the bullish thesis would be invalidated. In such a turnout, the Bitcoin of meme coins could extend the fall to $0.11, 26% below current levels.
What lies ahead? Let’s dive in.
The analysis of XRP/BTC by ChatGPT reveals a continued decline since the peaks of late 2017 and early 2018, with the current trading near historical lows at approximately 0.00000821 BTC.
The analysis doesn’t stop there; it points out that the long-term 200-week moving average continues its lofty position above the current price, hinting at a persistent downtrend. Moreover, oversold conditions are identified, with an RSI of around 30, hinting at a possible buying opportunity.
While XRP/BTC charts may resemble stormy seas, there are signs of calmer waters ahead. Keep an eye out for resistance at 0.00001247 BTC, 0.00001520 BTC, and 0.00001927 BTC. A breakthrough above the 50-week moving average or a surge in trading volume could signal a promising reversal.
Switching gears to XRP/USD, which witnessed its own peaks in late 2017, the current price pattern is crafting a symmetrical triangle, marked by ascending lows and descending highs. This intriguing formation hints at an impending major move, with the current price hovering around $0.50381.
As the symmetrical triangle tightens its grip, ChatGPT’s analysis reveals the convergence of the long-term 200-week and short-term 50-week moving averages, foreshadowing potential volatility on the horizon. With the price inching closer to the triangle’s apex, a breakout or breakdown looms large. Key support lies at $0.30, while resistance stands firm at $0.60.
In this tumultuous journey, traders should keep a watchful eye on resistance levels at $0.87, $1.33, and $1.71.
Armed with this analysis, ChatGPT suggests that XRP could be gearing up for a significant move in the coming weeks to months. Chart patterns and technical indicators align, pointing towards an inevitable breakout from the current consolidation phase.
Also Check Out : April CPI Release Hit Hard with 3.4%; BTC Price Surge To $64K
XRP: Bullish or bearish? Let’s hear your predictions.
What lies ahead? Let’s dive in.
The analysis of XRP/BTC by ChatGPT reveals a continued decline since the peaks of late 2017 and early 2018, with the current trading near historical lows at approximately 0.00000821 BTC.
The analysis doesn’t stop there; it points out that the long-term 200-week moving average continues its lofty position above the current price, hinting at a persistent downtrend. Moreover, oversold conditions are identified, with an RSI of around 30, hinting at a possible buying opportunity.
While XRP/BTC charts may resemble stormy seas, there are signs of calmer waters ahead. Keep an eye out for resistance at 0.00001247 BTC, 0.00001520 BTC, and 0.00001927 BTC. A breakthrough above the 50-week moving average or a surge in trading volume could signal a promising reversal.
Switching gears to XRP/USD, which witnessed its own peaks in late 2017, the current price pattern is crafting a symmetrical triangle, marked by ascending lows and descending highs. This intriguing formation hints at an impending major move, with the current price hovering around $0.50381.
As the symmetrical triangle tightens its grip, ChatGPT’s analysis reveals the convergence of the long-term 200-week and short-term 50-week moving averages, foreshadowing potential volatility on the horizon. With the price inching closer to the triangle’s apex, a breakout or breakdown looms large. Key support lies at $0.30, while resistance stands firm at $0.60.
In this tumultuous journey, traders should keep a watchful eye on resistance levels at $0.87, $1.33, and $1.71.
Armed with this analysis, ChatGPT suggests that XRP could be gearing up for a significant move in the coming weeks to months. Chart patterns and technical indicators align, pointing towards an inevitable breakout from the current consolidation phase.
Also Check Out : April CPI Release Hit Hard with 3.4%; BTC Price Surge To $64K
XRP: Bullish or bearish? Let’s hear your predictions.