Bitcoin (BTC) surged to a new all-time high early today as it rose to $97,000 before losing momentum and registering a marginal decline to fall to its current level. The world's largest cryptocurrency is up almost 3% over the past few hours as it maintains its rally despite facing recent selling pressure, with analysts expecting a move past $95,000 is imminent and could happen within a couple of sessions.
The altcoin market is buzzing with activity as several key players show promise in the current market. From Solana's rise to the developments surrounding Ripple's XRP, there's much to keep an eye on. Here's a look at some of the altcoins currently in the spotlight, based on the latest analysis from CryptosRus.
Fantom (FTM) has been moving through a volatile price cycle recently, despite the broader cryptocurrency market's continued uptrend. Over the past two days, FTM experienced a significant 14% drop, drawing attention from traders and analysts alike.
FTM is approaching a key support level at $0.609 after a 14% decline.
Fantom (FTM) is showing promising signs of a breakout, driven by strong technical indicators and favorable on-chain metrics. However, while these signals suggest potential upside, there are still cautionary signs in the data that may affect the sustainability of the rally.
Bitcoin (BTC) hit $90,000 for a brief, fleeting moment before dropping back to mid-$ $89,000. The crypto markets have declined over the past 24 hours as the ongoing bull run took a breather, with most major cryptocurrencies in the red over the past 24 hours.
Fantom (FTM) may be nearing a breakout as technical and on-chain signals align with each other.
Jupiter (JUP) has recently been a standout performer in the crypto market, showcasing an impressive gain of 45.85% over the past month. Despite this rally, the token encountered significant selling pressure as it struggled to break above a key resistance level.
The recent rally in Jupiter price (JUP) has gained substantial attention in the cryptocurrency market, as the token climbed 29% within a week to reach $1.20. This sharp increase has raised questions about the potential for continued upward momentum, with indicators suggesting that further growth could push JUP Price towards the $1.8 mark.
A resistance level could delay a bullish trend from forming on Jupiter's chart.
As one of the top-performing Solana-based DeFi protocols with rising TVL, Jupiter (JUP) witnessed a ~35% price rally. With the altcoin reclaiming the $1 psychological mark, the uptrend eyes a bullish extension.
Fantom (FTM) has been demonstrating strong signs of growth, with key metrics suggesting that the altcoin could be poised for a significant price movement. Recently, Fantom's long-to-short ratio crossed above 1.07, signaling a notable bullish sentiment among traders.
The altcoins long/short ratio has crossed above 1.07, indicating a clear bullish bias among traders.
Bitcoin (BTC) has rocketed by almost 10% in the past 24 hours and has just set a new all-time high of $74,730, as Republican candidate Donald Trump took an early lead in the presidential elections.
The cryptocurrency market continues to fluctuate, one coin is currently under scrutiny: Jupiter (JUP). After briefly climbing above the $1 mark, JUP has begun to retrace its steps, raising concerns about its future trajectory.
The crypto market swung low, which might be the last big discount before a parabolic run. Reflecting bearish sentiment, the underwhelming performance of Arbitrum (ARB) continues. However, DTX Exchange (DTX), a new exchange-based token, has defied the broader market trend by exploding in presale. It has raised over $6.
Fantom's price is currently on a positive trajectory, experiencing a notable rally that has seen it rise by 6.31% in the last 24 hours, trading at $0.6786. With a market cap of $1.90 billion and a 24-hour trading volume surge of 68.26% to $142.91 million, the altcoin is capturing attention.
JUP may soon register a decline as the market enters its next phase.
Bitcoin (BTC) touched $71,000 earlier today as it inches toward record highs. BTC hit $70,000 for the first time since late July and peaked at $71,460 before declining back to $71,000.
Fantom's price rally gained momentum, holding key levels amid bullish technical signals.
They have introduced a new feature called Biometric Authentication. It helps protect sensitive actions like exporting your recovery phrase or making large transfers.
As the crypto market gears up for November, altcoins are likely to experience notable shifts in price action. Beyond general market sentiment, certain crypto assets are also set to undergo pivotal network and chain updates, which could significantly influence their valuations.
Jupiter (JUP) is catching investor attention as it holds potential for a 100% surge, eyeing the $2 mark. With recent gains of over 30% this month alone, JUP has shown solid upward momentum that could accelerate if certain technical hurdles are overcome.
Jupiter (JUP), the native token of the Solana-based decentralized exchange, has seen a significant price surge recently, reaching $1.01, marking a 25% increase over the past month. This upward momentum positions JUP at its highest price point in 30 days, and market analysts are optimistic about its potential for further gains.
The crypto market regains momentum as Bitcoin (BTC) resumes its comeback. Amid rising sentiment, smart money doubled down on Solana (SOL) and IntelMarkets (INTL), a new AI crypto. Investors who rode the “Uptober” rally and made significant gains from Jupiter (JUP) are considering diversifying their profits—a smart move.
JUP rally appears to be just beginning, with the potential for significant gains.
As Bitcoin price stabilizes above the $67,000 level, the altcoin market has regained momentum with many blue-chip and mid-cap projects recording double-digit gains in their respective portfolios.
JUP, the native token of the Solana-based decentralized exchange Jupiter, has been on a tear in the past few weeks. It currently trades at $1.01, surging by 25% over the past month.
Fantom (FTM) is making headlines in the cryptocurrency market as whale activity reaches its highest level in a year. This spike in large transactions, coupled with bullish technical indicators, has led to discussions about whether FTM is positioned for a significant price rally, potentially rising by 20%.
The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.
Fantom (FTM) registered a remarkable performance over the past 24 hours, attempting to break above a crucial horizontal level. Some market watchers forecasted a 345% surge before the year's end but set the key levels to reclaim before FTM's new all-time high (ATH).
Fantom's Funding Rates have increased to a weekly high, suggesting that more traders are taking long positions.
Jupiter DEX aims to create more engaged voters, while keeping JUP staked. The active staking rewards will have another claims period, open until December 31.
Although Fantom (FTM) ‘s price has increased by 20% in the last 30 days, the altcoin's value could move higher. This prediction is based on the large-scale accumulation it has faced in recent times.
A widely followed crypto strategist believes one under-the-radar Ethereum (ETH) challenger will hit his massive price target this cycle. Pseudonymous trader Rager tells his 199,100 followers on the social media platform X that he's bullish on layer-1 protocol Fantom (FTM). Rager shares a chart suggesting that FTM will hit his price target of $3.
Fantom (FTM) has been in the spotlight recently, celebrating a notable 14% gain over the past week. After climbing from approximately $0.66 on October 13 to around $0.78 by October 15, the cryptocurrency has captured the attention of traders and investors alike.
The Fantom (FTM) price has recently shown promising growth, but questions remain about how long this uptrend can last. Despite the initial surge, key indicators are starting to hint at a potential weakening of momentum.
TL;DR Jupiter, Solana's leading DEX aggregator, has launched Ape Pro, a platform dedicated to memecoin trading. The new service offers advanced tools such as real-time token streaming and MEV protection. Ape Pro also simplifies access to the platform through social login on X or Discord, eliminating the need for wallets or seed phrases.
Jupiter's Ape Pro introduces advanced tools for meme coin trading on Solana, aiming for enhanced security and efficiency. The post Solana gets new meme coin trading terminal with Jupiter's Ape Pro appeared first on Crypto Briefing.
A closely followed crypto analyst and trader believe that one red-hot Solana (SOL)-based memecoin may have even more upside potential after putting up huge gains in the last week.
Solv Protocol has launched SolvBTC.JUP, a new Liquid Staking Token (LST) aimed at integrating Bitcoin with Solana's decentralized finance (DeFi) ecosystem.
FTM is trading at approximately $0.76 after a robust 9% increase in just a single day. This upward momentum can be attributed to a combination of factors, including the liquidation of short sellers and a notable rise in transactions by whale investors.
Polkadot (DOT) has seen a remarkable resurgence in the cryptocurrency market over the past week, prompting many analysts and investors to speculate about its future trajectory. After reaching a low of $3.90, DOT has rallied impressively, experiencing a surge of 12.82% recently.
The DeBridge protocol designed the DBR token to decentralize governance power to the community through the use of the DAO.
Sonic Labs, the team behind the Sonic blockchain formerly known as Fantom, has released an ambitious litepaper that details technological advances and a new token distribution mechanism.
Fantom (FTM) has recorded impressive price actions over the past few sessions, gaining 8% and 55% on its weekly and monthly charts, respectively. While enhanced broad market sentiments amidst the Uptober narrative fueled the uptrends, whale activity and short seller liquidations extended FTM's rally.
FTM transactions exceeding $100,000 have jumped 1,000% from 4.38M to 50.78M.