Coinedition
Hedera’s value surged after Canary Capital’s spot ETF filing boosted investor confidence. HBAR’s trading activity spiked, signaling growing market interest and enthusiasm. Analysts foresee further gains for HBAR amid optimism surrounding the ETF proposal.
Ethereum spot ETF experienced its highest inflow period during the past week. ETH spot ETF recorded a total net inflow of $515.17 million last week. Retail investors consider the surge in ETF inflow a positive signal for Ethereum.
SHIB burn rate skyrockets 6200%, destroying over 290K tokens in a single day. Symmetrical triangle formation signals a potential 25–50% breakout. Traders eye a bullish surge as market supply drops significantly.
Matrixport confirmed that new money is flowing into the stablecoin market. The firm used the 7-day stablecoin minting indicator. More money is expected to flow in the crypto market in Q1, 2025.
Justin Sun predicts TRX could soar to $20, a 9,665% increase, in the current bull market. TRX has been trading below its all-time high for seven years, with analysts expecting a major breakout. A $20 TRX would make the asset worth over $1.7 trillion, positioning it as a potential trillion-dollar token.
Dogecoin forms a second bull pennant, signaling a potential breakout towards $0.90. MVRV ratio at 45.65% indicates DOGE has room for growth before reaching overbought levels. Analysts note possible short-term correction, but long-term trend remains bullish.
The cryptocurrency market has experienced a notable surge in the past two weeks. The post-election surge has plunged the crypto market into an Extreme Greed situation. Analysts predict a potential price correction following the crypto market’s situation.
Polkadot’s breakout signals a potential rally, targeting $8.80–$9.00 upside. ORDI’s breakout suggests a strong upward trend, aiming for $100.00 target price. Continued momentum for DOT and ORDI relies on maintaining key support levels.
