Author: Crypto Team

[ad_1] Meme coins provide an incredible opportunity for crypto investors to turn a quick profit. Unlike cryptocurrencies such as Bitcoin and XRP that have specific use cases, meme coins aren’t exactly functional. Following the rise of Dogecoin in 2021, meme coins have been a hit in the crypto market. More investors have been open to the opportunity of purchasing and investing in them, so we’ll look into the most popular of these coins below. 5 Best Meme Coins for Quick Profits August 2021 Week 3 1. Dogecoin (DOGE) It goes without saying that Dogecoin remains the most popular and profitable…

[ad_1] Bitcoin Consolidates Above $46,000, Poises to Reclaim $48,000 – August 16, 2021 Bitcoin has resumed upside momentum as it poises to reclaim $48,000. Today, buyers have retested the resistance level but were repelled. The bulls are not giving up the battle to reclaim the $48,000 price level. Since August 13, BTC/USD has been trading between $46,000 and $48,000 as buyers continue to retest the $48,000 overhead resistance. Resistance Levels: $45,000, $46,000, $47,000Support Levels: $40,000, $39,000, $38,000 BTC/USD – Daily Chart Following the rally to the $48,000 high, BTC price has been trading consistently below the resistance zone. For the…

[ad_1] Ripple Price Prediction – August 16 The Ripple price is hovering at $1.26 as it lacks imminent support and therefore, trades in the red with dense selling pressure. XRP/USD Market Key Levels: Resistance levels: $1.50, $1.60, $1.70 Support levels: $1.15, $1.05, $0.95 XRPUSD – Daily Chart XRP/USD is now down at a low of $1.24 and the weakness of Ripple (XRP) is quite apparent now as the digital asset may have very little support on the way down to $1.00. However, traders should take note that most of the market is also seeing red numbers, major coins have been…

[ad_1] Decentralized finance (DeFi) has been booming this month following the ongoing crypto market rebound. DeFi tokens such as Compound have made incredible gains, and despite these gains, COMP is yet to reach an all-time high as many tokens have done. However, its steady uptrend is still at play; hence we could see gains being acquired again. Compound is trading at $525.51 at the time of writing after a 13% gain in 24 hours. Compound Price Analysis Source: TradingviewCompound’s bull run seems to be headed to higher levels after an impressive 42% bull rally in the past thirty days. The…

[ad_1] The value of dogecoin has increased by more than 90% in the past month. Because of these gains, DOGE has managed to go beyond expectations, and it is now headed towards making new highs. However, unlike various altcoins making new all-time highs, dogecoin still has to make an over 50% to reach the high of $0.73 achieved in May. DOGE is trading at $0.335 at the time of writing after a 12.3% gain in 24 hours. Dogecoin Price Analysis Source: TradingivewDogecoin is a leading gainer in the past 24 hours. Its market cap lies beyond $40 billion, and it…

[ad_1] While the market is consolidating at the current levels, some altcoins are making incredible gains. Terra LUNA is among the best gainers in the market currently after a sharp rise in 24 hours. These gains have led to LUNA reclaiming its all-time high, and it is currently ranking 22nd in market capitalization. LUNA is trading at $21.81 at the time of writing after a 30.3% gain in 24 hours. LUNA Price Analysis Terra is currently on a steady uptrend that could lead to the coin retesting another all-time high. In the past 24 hours, LUNA has reached an all-time…

[ad_1] Solana is one of the best gainers in the cryptocurrency market. Despite BTC stagnating at around $47K, Solana has made double-digit gains, and has created a new all-time high. Its market capitalization has shot up to $17 billion, and it is currently ranking tenth in the crypto charts after displacing Uniswap, Chainlink and Bitcoin Cash. Solana is trading at $63.63 at the time of writing after a 43.4% gain in 24 hours. Solana Price Analysis The cryptocurrency market seems to have consolidated, given that BTC and ETH have failed to create new weekly highs. However, Solana has defied the…

[ad_1] With the recent bullish run, savvy investors are on the prowl, looking for the best cryptocurrencies to buy this week. August is fast coming to an end, and it is easily the best month that the crypto market has had since the downturn hit. With prices looking up for the third straight week, there is a great deal of excitement that we could be getting back to the pre-downturn levels soon. In this article, we look into some of the best options available now. 1. Bitcoin (BTC) Kicking off our recommended coins to buy this week is none other…

[ad_1] Ethereum Price Prediction – August 15 The Ethereum price prediction is getting ready to cross above the upper boundary of the channel after a rapid retracement. ETH/USD Market Key Levels: Resistance levels: $3600, $3700, $3800 Support levels: $2800, $2700, $2600 ETHUSD – Daily Chart ETH/USD is currently recovering above the opening price of $3266 and it is likely to climb above $3500 soon. Meanwhile, the Ethereum price has been trading above the 9-day and 21-day moving averages for the past few days as bulls continue to dominate the market. However, the monthly high remains at $3333 with the nearest…

[ad_1] Bitcoin Price Prediction: August 15 The Bitcoin price is down from $48,149 to $45,555 in the last 2 days as there is no quick recovery that seems possible for the coin at the time of writing. BTC/USD Long-term Trend: Bullish (Daily Chart) Key levels: Resistance Levels: $51,000, $53,000 $55,000 Support Levels: $43,000, $41,000, $39,000 At the time of writing, BTC/USD is facing a setback but the coin is likely to have a bullish run in the short-term while a bullish pressure may help the coin to touch its daily high. Currently, the Bitcoin price is trading around $45,925 level…