CryptoBulle emphasizes the importance of investing in altcoins that have shown resilience and strong performance against key technical indicators. The Fibonacci retracement levels, in particular, serve as a critical tool for predicting potential price movements.
All but two cryptos in the index moved higher over the past week, with Cosmos and Aptos missing out on the rally.
With the Bitcoin price reaching back to the $65,000 level, the altcoin sector is on a high momentum bullish track. Amidst the growing industry, the AI sector is taking the limelight with market leaders and meme coins. One such AI token, ready for a ballistic bull run, is Fetch.
As the crypto market shows bullish trends this week, analysts are turning their focus to select altcoins poised to outperform Bitcoin in 2024. Renowned crypto analyst CryptoBulle highlights this as an optimal time to invest in certain altcoins that are at their low and are expected to reach new all-time highs (ATH) soon.
As Bitcoin experiences a sideways consolidation phase, dropping up to 23% from its all-time highs, its overall market outlook remains cautiously optimistic. This consolidation is viewed as a healthy correction, potentially setting the stage for future growth.
The crypto market is 5.1% up today, with a total market capitalization of $2.3 trillion. The recent pump has propelled different sectors, with memecoins being 9% up and Artificial Intelligence (AI) tokens increasing 11.2% in the last 24 hours.
Story Highlights The live price of the Injective token is Injective (INJ) price could hit a high of $57.66 by the end of the year 2024. With a potential surge, the INJ's price may record a high of $181.18 during the year 2030. Launched in November 2021, alongside a $120 Million incentive program called Astro.
The altcoin market retreats as most assets lose steam following the recent GameStop-triggered rallies. While the likes of PEPE stare at more dips, Injective's loyal investors keep INJ price afloat. Long-term holders aid INJ recovery Injective struggled after impressive actions, declining to explore yearly lows. Nevertheless, indicators suggest a notable comeback for the altcoin.
While Injective's (INJ) price may not be the worst performer, it managed to mark a new bearish achievement in the last 24 hours.
For investors looking to build out a digital asset portfolio, here are three tokens to buy with big upside potential relative to their risk.
As Bitcoin bounces above the $65,000 level, the NEAR token price siphons additional momentum for a massive surge. The increasing momentum, the overnight jump and the market recovery are all the positive catalysts bolstering the upside potentials for the NEAR token. However, the previous failures to exceed the $10 psychological mark warn of another exhaustion.
Fantom (FTM) Price Analysis Fantom price volatility has been rising since the beginning of the fourth quarter of 2024. While many tokens failed to maintain the trend, FTM was able to trade above the gained levels, demonstrating the bulls' strong grip on the rally.
A crypto strategist thinks that an Ethereum (ETH) challenger is following in the footsteps of a red-hot memecoin that just hit a fresh record high.
The Near Protocol (NEAR) price anticipates a bull run in the coming trading sessions, provided it can breach a key resistance first.
Fetch AI introduces BlockAgent, a new tool for real-time blockchain activity monitoring, with new Chainlink integration for powerful Web3 activity monitoring.
Fetch.ai (FET) price is close to noting correction for multiple reasons, including potential selling at the hands of investors.
Nvidia is set to release its earnings report in nine days, capturing the attention of analysts and investors. With the chipmaker's strong track record and the booming AI sector, expectations are high.
In the world of cryptocurrency investment, it is normal for change to change instantly, as the search for next major opportunity continues. Investors have recently be attracted to decentralized infrastructure projects grouped under Decentralized Physical Infrastructure Network (DePIN).
As Bitcoin bounces back close to the $63,000 level with an overnight surge of 2.39%, the altcoins are on the rise. Apart from the meme coins, the NEAR token price is in the bullish limelight.
A popular crypto strategist is naming two Ethereum (ETH) challengers that he thinks will rise faster than the rest of the market once conditions improve. Pseudonymous analyst The Crypto Dog tells his 776,800 followers on the social media platform X that he's long-term bullish on Near (NEAR).
While the focus has mainly been on Bitcoin and Ethereum through the downtrend, other smaller altcoins such as Theta Network with much more potential have been flying under the radar. However, crypto investors are no longer ignoring these altcoins and have begun to call out the opportunities in these cryptocurrencies.
Projects that blend crypto along with artificial intelligence to create utility are those to buy and have real chances to explode higher.
Injective (INJ), a decentralized exchange (DEX) protocol, is stirring excitement in the cryptocurrency market with analysts predicting a potential price surge. The token has been under the watchful eye of analysts, with many anticipating a significant upward move in its value.
Real Vision crypto analyst Jamie Coutts says that key indicators for one Ethereum (ETH) competitor are flashing bullish. The former Bloomberg analyst tells his 14,100 followers on the social media platform X that NEAR Protocol (NEAR) could soar more than 47% from its current value. “Absolute price momentum: has been consolidating since March.
The total cryptocurrency market cap has established a consolidation range in the past few weeks, thus signaling an inevitable rebound ahead. Bitcoin's (BTC) price has a solid support level above $61k, while Ethereum's (ETH) has established a correction bottom of around $2,969.
As previously stated, the crypto markets continue on their roller coaster ride, with cryptos exhibiting high volatility. After a brief consolidation near $60,000, BTC prices rebounded above $63,000, ending the bearish trade setup. Now that the longs have played well, some altcoins, such as INJ, ARB, and AIOZ, have performed exceptionally well.
Despite the spread of news about NEAR's X account getting hijacked, the blockchain protocol is yet to confirm or refute the information.
The crypto community is speculating that Near Protocol's X account might be hacked after a number of very strange posts were shared from its account.
Near Protocol, a prominent figure in the blockchain and cryptocurrency sphere, has recently found itself shrouded in mystery following a series of perplexing messages that appeared on its official social media channels. The enigmatic tweets, featuring cryptic directives and unconventional formatting, have left the crypto community puzzled and speculation of a possible security breach.
While bitcoin struggles to stay above water at $61,000, there are certain altcoins and memecoins that are pumping. Near Protocol (NEAR), Thorchain (RUNE), Pepe (PEPE), and Trump (MAGA) are among those that are flourishing.
TL;DR Injective launches its Layer-3 network, inEVM, with Arbitrum's Orbit technology. It will provide more interoperability and enhanced functionalities. The main goal is to strengthen connectivity between Ethereum, Cosmos, and Solana. A mechanism to burn a portion of protocol fees will be implemented, increasing transaction processing efficiency and contributing to economic sustainability.
This collaborative integration with Caldera boosts interoperability and transaction efficiency across platforms. The newly introduced inEVM integration is set to transform how transactions and interoperability function within the blockchain realm.
With the broader market lacking bullish momentum, investors are searching for altcoins with high reversal possibilities. Amidst the altcoins, the AI coins are projecting a high likelihood of a turnaround this week. With crucial support levels at play, the AI coins are preparing a bounceback rally that could spark a new relief rally.
NEAR Protocol's X account with over 1.9 million followers has been posting encrypted messages over the past few hours, sending a dark vibe through the community.
The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.
After last week's bloodbath, cryptocurrency prices began climbing northwards again, this time on the backs of projects linked to artificial intelligence (AI).
Injective announced the launch of its Layer-3 network, the inEVM, powered by Arbitrum's Orbit toolkit.
Nethermind, an Ethereum Client, has just declared its participation in NEAR Protocol's Fast Finality Layer (NFFL) initiative. This union comes at a crucial time for decentralized applications (dApps) and smart contracts when the blockchain industry is experiencing a rollup in Layer 2 user adoption in the Ethereum network.
Injective's "inEVM," which connects the Ethereum, Cosmos, and Solana networks, will rely on Arbitrum's Orbit toolkit.
Check out which AI cryptocurrency generated the most social volume in the last few days.
Stacks, Fetch.ai, and Solana are three cryptos that could soar in value in 2024.
According to analysis from Altcoin Buzz, several altcoins, including XRP, Tellor (TRB), Render, Singular and Fetch.ai (FET) have recently witnessed substantial whale accumulation, hinting at potential bullish trends ahead. XRP, Ripple's native cryptocurrency, has seen a surge in accumulation by whale addresses in the past week.
The cryptocurrency landscape is experiencing a wave of enthusiasm as AI-based altcoins like Render (RNDR), SingularityNET, Bittensor (TAO), and Fetch.ai (FET) display significant growth potential. These altcoins, known for their advanced AI technologies, are surpassing traditional giants like Bitcoin, Ethereum, and XRP in 2024.
Excluding Bitcoin, memecoins were the biggest narrative of this cycle. However, Artificial Intelligence (AI) tokens also performed remarkably during the first quarter of 2024.
NEAR, one of the oldest mainstream altcoins, and AIOZ, a mid-cap AI cryptocurrency, has been added to the list of supported assets on the dominant Korean crypto exchange.
Amid current slight crypto market crash, with market cap slightly dropping to $2.33 trillion, down by 1.69%, the forecast for AI coins today is unexpectedly bullish, despite the overall market conditions. Even with the general decrease, AI cryptocurrencies have shown some resilience by maintaining a market capitalization of around $39.4 billion in the last day,
The cryptocurrency landscape is witnessing a significant uptrend, highlighting three promising altcoins poised for major gains. Fetch.ai (FET), Jupiter (JUP), and Pepe (PEPE) are the altcoins to buy leading the charge in this bullish phase.
Decentralized application (dApp) platform Near Protocol exhibited notable growth in key metrics during the first quarter (Q1) of 2024, driving its native token NEAR to reclaim a crucial key level and paving the way for a potential retest of its all-time high (ATH) from January 2022. According to a recent report by Messari, NEAR experienced significant increases in market capitalization, revenue, active addresses, and Total Value Locked (TVL), solidifying its position among the top players in the cryptocurrency market.