Musk’s tweets ignited DOGE’s meteoric 2021 rally, and with bullish signals returning, the memecoin might be gearing up again.
Altcoin Watch News
Altcoin watch refers to the practice of monitoring and analyzing alternative cryptocurrencies to Bitcoin, known as altcoins. With thousands of altcoins available in the market, each with special features and uses, traders and investors keep a close eye on their movements in search of possible investment opportunities. Altcoin watch entails keeping an eye on news about particular altcoins, as well as price changes, trading volume and market capitalization.
Investors engage in altcoin watch to diversify their portfolios beyond Bitcoin, hoping to capitalize on the rapid growth potential of certain altcoins. Monitoring altcoins allows investors to identify emerging trends, promising projects and innovative technologies within the cryptocurrency space. Additionally, traders often use technical and fundamental analysis techniques to evaluate altcoins, aiming to predict price movements and make profitable trades.
However, altcoin investments come with higher risks due to their volatility and the evolving nature of the cryptocurrency market. Consequently, individuals engaged in altcoin watch must stay informed, conduct thorough research, and exercise caution when making investment decisions.
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- Altcoin Watch
XRP showed renewed strength after weeks of declines, emerging as one of day’s top performers among major cryptocurrencies.
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Holding above $2 increases XRP's potential to retest $3 in the coming weeks, while also maintaining a record high target of around $7.75.
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Retail Ether longs surged above 90%, but analysts warn of a potential reversal as technicals flash caution even as institutions keep buying the dip.
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Zcash and Dash prices could make an XRP-style comeback as the privacy coin narrative is helping these older “dinosaur” coins break multi-year downtrends.
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BNB’s price upside momentum is waning further after Binance faced $21.75 billion weekly outflows and margin system exploit accusations.
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XRP’s macro outlook remained bullish, with analysts confident that a bullish breakout was possible if key support levels were reclaimed.
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Retail traders and institutions are accumulating SOL below $200, as whale activity rises and ETF anticipation fuels hopes of a renewed bullish phase.
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Despite SOL’s rebound above $200, Solana faces slowing network activity and stronger rivals like BNB Chain and Hyperliquid. Is $300 before year-end possible?
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Ether's price could retest the $3,800 level, but traders said Ethereum's native token was preparing for a breakout to new highs, with $10,000 in sight.
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XRP’s price recovery followed the market crash, suggesting aggressive buying on the dips in anticipation of further price gains.
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Zcash price technicals hint at a potential 25% breakout toward $336 in October, despite long-term correction fears and an already significant rally for ZEC.
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Several altcoins, including ATOM and IOTX, briefly hit zero on Binance during Friday’s crypto crash but stayed afloat elsewhere.
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Discover hidden crypto gems using ChatGPT: GPTs, sentiment insights and data-driven scanners for smarter research and trading.
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XRP price risked a 22% drop to $2.20, fuelled by selling from whales, increased supply on exchanges and a weakening technical structure.
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