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Ethereum Ether (ETH) is currently one of the major cryptocurrency tokens that have been soaring in demand at the moment. The token is now eyeing major price spots at the moment, and some are even projecting a near 200% surge to $15,000 within the next year. With the asset already on its way to breaching $4,000, one analyst suggests that it could breach its current $4,891 ATH and nearly quadruple it in the near term. Tom Lee, veteran Wall Street strategist and CEO of Bitmine Immersion Technologies, predicts Ethereum will reach $15,000 in the medium term, highlighting several bullish indicators. Lee’s prediction is based on a model developed by his colleague Sean Farrell, which compares Ethereum to prominent crypto industry companies like Circle. Using EBITDA-based valuation multiples, Farrell estimates that Ethereum’s potential market value could allow its price to reach $15,000. Additionally, the analyst cites a technical Analysis by Mark Newton, Fundstrat’s head of technical strategy...

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Tom Lee, Fundstrat Global Advisors co-founder, has put forth a bullish prediction regarding Bitcoin’s (BTC) near-term price action on CNBC’s Squawk Box on April 21. Namely, the financial analyst believes that the leading digital asset struggled at the beginning of the year due to the overleveraged positions of institutional investors.  “Now that deleveraging is done, I think that Bitcoin is gonna catch up to gold. And Bitcoin’s old high was over $110,000, so I think there’s a lot of room to catch up as a sort of non-dollar asset.” At the time of writing on April 21, Bitcoin was trading at $88,210, having marked a 4.43% gain on the daily chart, which has brought year-to-date (YTD) losses down to 5.67%. BTC price 1-day and year-to-date (YTD) charts. Source: Finbold Here’s how much Bitcoin would have to rally to catch up to gold In contrast with the leading cryptocurrency, gold prices have increased by 30.31% since the start of the year, having reached ...

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Ripple is undoubtedly one of the most promising cryptocurrency tokens to exist in the market. The token is now part of the ETF talks, awaiting US SEC approval. Once approved, the market fully understands that Ripple (XRP) will continue its upward trajectory. The anticipation of this development and bullish market forces have helped XRP stabilize currently, aiming for a high price target in April. Here’s how high XRP can trade this month, per notable cryptocurrency analyst Egrag Crypto. Also Read: BRICS: 2 Countries Officially Look to Trade in Local Currencies Ripple Eyeing 62% to 70% Surge in April Source: Coinfomania Per Egrag Crypto, Ripple is currently targeting a staggering 62% to 70% surge in its price this month. If the market momentum continues to assist the token, there’s no stopping XRP from reaching a high price spot this month, per the expert. In his latest Analysis , Egrag Crypto noted how XRP’s monthly chart has been displaying a bullish April candle, indi...

Every year, the cryptocurrency industry welcomes numerous meme coins. While some make it big a few others turn out to be mere scams. As these assets follow the footsteps of Shiba Inu (SHIB) and Dogecoin (DOGE) only a few have managed to mirror their popularity. A fairly new meme coin that made headlines was Dogwifhat (WIF). The asset has been keeping it low as coins were utility was taking the front stage. But things could be changing for WIF with the start of the new month. Also Read: Solana Vs. XRP: Which Will Turn $1000 Into $1 Million First? Looking Into The WIF Market Source: Biztech Africa Unlike the rest of the market, WIF was seen in a downtrend. The meme coin has been moving downwards since the beginning of the month. Throughout January, the asset has dipped by 34%. During press time, the dogwifhat was trading at $1.20. This was achieved after a significant drop of 9.70% over the past 24 hours. Source: CoinMarketCap While this is certainly bearish for the WIF ecosystem, the as...

Meme cryptocurrency Shiba Inu (SHIB) is experiencing a short-term price correction. However, technical indicators suggest that the token may be gearing up for a rebound, with analysts pinpointing critical levels that could support a potential upward surge. SHIB one-week price chart. Source: Finbold At the time of writing, Shiba Inu is trading at $0.00002173, recording a 0.72% decline over the past week and extending its monthly losses to over 19%. Despite the recent pullback, the token remains up by an impressive 110% year-to-date, showcasing its resilience amid broader market fluctuations. Technical analysis and key levels to watch According to the Analysis by Rose Premium Signals , SHIB’s price action is currently testing critical support levels that have historically preceded upward surges. Picks for you XRP meme coin price soa...

The Solana price dropped more than 4% in the last 24 hours to trade at $188.45 as of 9:53 p.m. EST as investors decrease their exposure to the altcoin. With this recent drop in the SOL price, the altcoin has nudged its weekly and monthly performances deeper into the red zone. Solana Price Resting On A Support Level 4-hour chart for SOL/USD (Source: GeckoTerminal) The Solana price is resting on a support at $187.35 following a rejection from a resistance at $198.38 in the last 48 hours, according to GeckoTerminal data . Should the altcoin fall below $187.35 within the next 12 hours, it could be at risk of plunging to the next technical safety net at $174.47.  However, the Solana price maintaining a position above $187.35 for the next 12 hours could bring an end to the crypto’s price drop. In this more bullish case, SOL might try to break above the aforementioned $198.38 resistance level again. A successful breach of this barrier could then give the Solana price the fou...

The Pepe price pumped more than 7% in the last 24 hours to trade at $0.00002491 as of 3:55 a.m. EST as traders go long on the third-largest meme coin by market cap. With the recent increase in the PEPE price, the crypto’s weekly performance has surged 15%. Pepe Price Approaching A Recently-Gained Support 4-hour chart for PEPE/USD (Source: GeckoTerminal) The Pepe price is falling towards the $0.00002408 mark after rising above the level in the last 24 hours, according to GeckoTerminal data . A break below this recently-turned technical support might lead to a correction to the subsequent mark at $0.00002138 in the short term.  Traders will want to take note of an ascending trend line that has formed on the crypto’s 4-hour chart after the meme coin recorded a second higher low recently. This trend line could act as a last line of defense preventing the Pepe price from dropping all the way down to $0.00002138.  In a more bullish scenario, the Pepe price could ...

The OG meme cryptocurrency Dogecoin (DOGE) has been on the market for quite some time now. The asset’s growth has been at two extremes. While DOGE has moved sluggishly during certain years, the last 12 months have been particularly bullish for the meme coin. The asset hit a notable high of $0.4775 earlier this month. While the community waits for DOGE to surge, several are investing now hoping for the asset to hit a new high. Also Read: Can XRP Hit $2 Before Thanksgiving 2024? Can Dogecoin Reach 50 Cents Soon? Over the past month, Dogecoin has surged by a notable 219%. At press time, DOGE was trading at $0.4302 following a nearly 2% spike over the last 24 hours. Amidst this, the daily volume of Dogecoin dipped. The asset’s 24-hour volume stood at $10.65 billion. Source The asset is expected to hit $0.50 sooner rather than later. The meme coin hit an all-time high of $0.7376 about four years ago in 2021. Currently, DOGE is 41% below this mark. While this seems like a long way...

Ethereum (ETH) exchange-traded funds (ETFs) have seen five consecutive days of net-positive inflows for the first time, suggesting Wall Street investors have turned bullish on ETH. Notably, the recent bullish activity has made the funds’ cumulative flows positive for the first time since the SEC’s approval. This marked a significant shift in Wall Street’s perception of Ethereum, which lagged behind Bitcoin’s (BTC) ETF demand since July. Finbold gathered ETH ETF flow data from November 6 to 12 at CoinGlass , representing the unprecedented five consecutive positive days. Interestingly, November 11 had the largest total daily inflow of $295.50 million, with BlackRock’s ETHA absorbing $101.10 million. Picks for you Crypto trader misses out on $24 million selling PNUT early for $681 loss 27 mins ago ...