Coinpedia Fintech News

  Polkadot Price (DOT) has surged 10% in the last 24 hours, driven by Grayscale’s recent ETF filing with the U.S. Securities and Exchange Commission (SEC). This filing requests approval to list Grayscale Polkadot Trust on Nasdaq, fueling market optimism. ETF Filing Boosts Market Sentiment Grayscale’s filing for a Polkadot ETF , following similar filings for XRP and Dogecoin, has increased confidence in Polkadot’s potential. This move strengthens the case for Polkadot becoming part of the growing crypto ETF market. Price Targets $10 with Technical Indicators in Favor The price of DOT is currently around $4.68, with resistance at $6.00. A breakout above this could push DOT towards $8.00 and possibly $10.00. Technical indicators such as the RSI and MACD suggest increasing buying pressure, supporting the bullish outlook. Key Support and Resistance Levels Immediate support is at $4.00, while resistance is at $6.00. A move past this level could lead to higher targets, with a potential p...

Maker (MKR) has seen a strong price rally, rising over 75% in a week, following a $156 million MKR token burn. This reduction in supply has boosted optimism, although some signs of caution have emerged. $156M Token Burn Drives MKR Price Up On February 20, Whale Alert reported that $156.77 million worth of MKR was burned, significantly reducing the token’s circulating supply. This burn helped push MKR’s price up by 77% over the past week. The wallet address ‘0xf65’ was responsible for the burn, with eight large transactions conducted on the same day. Maker’s TVL Strengthens Its Position The Maker ecosystem’s Total Value Locked (TVL) also saw growth, with DeFiLlama reporting a TVL of $5.55 billion. This further supports MKR’s position as a leading DeFi project on Ethereum. Will the MKR Rally Continue? Maker Price has risen 77% in a week as per Coinpedia Market data., with an intraday price range of $1,177 to $1,473. Trading volume surged by 166%, reflecting strong investor interest in...

  XRP, Ripple's native cryptocurrency, continues to show signs of weakness in the market. Despite recent recovery hopes, a top market expert predicts that XRP could face a significant price drop to $1.5 before a strong reversal takes place. XRP’s Recent Price Performance XRP has fallen by more than 3% today as per Coinpedia Market data, dropping to $2.41, with a one-day trading volume of $4.46 billion. The cryptocurrency's daily high was $2.51, while the low touched $2.38. The Relative Strength Index (RSI) for XRP stands at 38, signaling that the coin is nearing an oversold condition, which could hint at potential bullish momentum ahead. Over the past few weeks, XRP has fluctuated between $2.2 and $2.5, following a local high of $3.39 in January and a recent dip to $1.95 this month. For a more detailed  XRP price prediction , check out our full analysis! Expert Prediction: XRP Could Drop to $1.5 Market analyst CasiTrades has warned that XRP may face a price crash to $1.8 due...