Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.
Stellar's (XLM) price has been down over 10% in the last 24 hours but has remained up 94.07% in the past week, leading to gains among the top 100 cryptocurrencies. Indicators like the RSI and Ichimoku Cloud suggest weakening bullish momentum as XLM faces growing selling pressure.
Stellar Lumens (XLM) has been making waves in the cryptocurrency world recently, showing impressive performance against Bitcoin (BTC) throughout November. The price of XLM has climbed steadily, pushing its value to levels not seen in months.
As recent bull market sentiment begins to show its cracks and Bitcoin takes a tumble, layer-1 altcoins appear among the most resilient, with Avalanche, Polkadot, and Fantom as standouts. The post Layer 1 Altcoins Immune to Bitcoin Dip: AVAX, DOT and FTM Price Surge Despite Red Market appeared first on Cryptonews.
Story Highlights The Stellar price has plunged ~15% in 24 hours and retests $0.40. Technical indicators record a mixed price sentiment, highlighting uncertainty this week. Bullish reversal could push the price toward the $0.60 mark.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Stellar Lumens ($XLM), which was on a roll last week after several high-profile endorsements by MasterCard, Franklin Templeton and even the UN, is now undergoing a sharp correction, as Cryptonews predicted yesterday. In the last 24 hours, the price of Stellar Lumens has collapsed by about 15.8% and it now trades at $0.4314.
On November 22, the Bitcoin market was at an all-time high of $98,975.79. Since then, the Bitcoin price has sharply dropped by around 6.16%. Interestingly, during the same period, certain Altcoins, including Ethereum, Sand and XLM, have witnessed growth. Importantly, the Altcoin market cap has slightly climbed by 2.38% during this period.
Avalanche has just welcomed its largest software update ever hosted, with a dedicated launch on the Fuji testnet.
The ARB price trend maintains a bullish approach with the Bitcoin price dropping below the $95,000 mark. With a 26% surge over the last 7 days, the ARB has a market cap of $3.864 billion. With the ongoing rally unaffected by the broader market pullback, the upside potential for ARB is growing.
XLM outperformed Bitcoin in November but indicator signals caution.
Story Highlights The Avalanche price retests the $45 mark, eyes to hit $50. The EMA 50/200-day record a Golden Cross in the daily time frame, highlighting a higher target. The AVAX price has soared over 70% during this month. The AVAX token has maintained its bullish price action despite increased price volatility.
Cryptocurrencies experienced mixed trends today, with Bitcoin (BTC) falling below $94K amid cautious market sentiment. Meanwhile, Lido DAO (LDO) and Arbitrum (ARB) emerged as the day's top performers, gaining more than 6% each. The global crypto market cap fell 2% to $3.27 trillion, while trading volume surged by 22%, hitting $241 billion.
This week's crypto calendar is packed with major events, as Sonic Labs is about to launch its L1 mainnet, the Avalanche Etna update went live, Jupuary voting began for Jupiter, and more.
Avalanche is going through its largest upgrade since the mainnet launch, unlocking more than $40 million in retroactive rewards.
Stellar's native cryptocurrency, XLM, has made headlines with one of the most impressive rallies seen in the market this month. After trading near historical lows at the start of November, XLM has defied expectations, climbing dramatically in price and reaching new all-time highs in certain key areas.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
The Avalanche Foundation will disburse $40 million in retroactive grants as the new upgrade hits testnet ahead of a planned 2025 launch.
Also launching Monday is Retro9000, a grant program of $40 million to reward builders developing Layer 1 blockchains and other tools on the Avalanche9000 testnet.
Avalanche's largest upgrade to date, Avalanche9000, went live on testnet Monday. The upgrade is designed to cut costs of sending transactions and operating validators, making it easier to build apps on the network.
Cryptocurrencies remained in the green today as Bitcoin targets $100K again after weekend dips. Meanwhile, Arbitrum (ARB) emerged among today's top gainers after a 17% climb on its 24-hour chart. ARB's performance reflected the prevailing broad market optimism. However, Arbitrum's X post about potential artificial intelligence integration added to the alt's upward momentum.
Stellar (XLM) has been steadily gaining momentum in recent days, currently trading at $0.52 — a 127% increase over the past week.
Brian Q, an expert at on-chain analytics firm Santiment, shared his insights into controversies in retail sentiment in the past seven days. It looks like Bitcoin (BTC) might be disappointing for the crowd, while some old-school altcoins are in the spotlight again.
Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.
Story Highlights The live price of the AVAX crypto token is . Avalanche price may reach a maximum of $100 by the end of 2024. With a potential surge, the AVAX coin price may achieve a high of $528 mark by 2030.
Polkadot has jumped by 5% in the past 24 hours, with the coin's bullish pennant suggesting that a big break out is about to arrive. The post Polkadot Chart Forming Bullish Flag Pattern, Analysts Predict DOT Will Pump After Reaching the $9.35 Mark appeared first on Cryptonews.
The price of Avalanche (AVAX) has risen to a high of $45.07, continuing its uptrend. Cryptocurrency price analysis brought by Coinidol.com.
Stellar's XLM token has recorded a 180% weekly price increase and 480% monthly gain, reaching $0.566 with a $17.3B market cap, amid strong trading volume and technical breakout patterns.
The Stellar market has grown by at least 478.057% since November 5. The sharp surge in the price of XLM has grabbed the attention of the crypto community.
This game is set to launch soon on iOS and Android, and fans are buzzing like bees in a hive. In FIFA Rivals, players get to create and manage their very own football club.
DOGE, XRP and XLM are the most traded cryptocurrencies on Upbit since Donald Trump's election victory. The latest activity points to a pivot toward metaverse tokens.
XLM could be about to achieve a new high after switching up on the bears, in an effort that has seen perhaps the sharpest rally in the last three weeks.
Over the past week, Stellar native cryptocurrency, XLM, has experienced a solid 180% increase, causing a stir in the cryptocurrency market. As the token approaches its all-time peak, investors and analysts are abuzz with excitement.
As Bitcoin (BTC) closed the third consecutive week in the price discovery phase, the altcoin space gained significant bullish sentiment. During the past week, the altcoin market – led by Stellar Lumens (XLM), Decentraland (MANA), and The Sandbox (SAND), among others – registered palpable gains.
Bitcoin sellers take the upper hand as BTC struggles to rally to $100,000. What will altcoins do?
Here is how some of your favorite assets concluded the week.
Why Stellar, Polkadot and NEAR Protocol Were 3 Of the Biggest Crypto Winners This Weekend
Stellar's XLM surges over 80% to $0.55, as analysts predict the cryptocurrency could reach new heights amid bullish momentum.
Optimism (OP) has experienced a market rebound in the past week gaining by 35.76% based on data from CoinMarketCap. The Ethereum layer-2 token hovers above $2.20 with investors strongly bullish on future price gains.
KSM pulls off a mighty 119% single-day rally, following a surge in liquidity within the Polkadot and Kusama ecosystems.
As Bitcoin (BTC) continues its march toward the highly anticipated $100,000 milestone, the broader cryptocurrency sector is regaining upward momentum, with Stellar (XLM) emerging as a standout performer.
Widely followed crypto trader Rekt Capital says that Ethereum (ETH) rival Avalanche (AVAX) is positioning itself for another big rally to new price targets. Rekt Capital tells his 514,000 followers on the social media platform X that AVAX has turned the $38.
Jed McCaleb, the co-founder of Ripple Labs and the creator of Stellar, recently shared his insights on why he believes XLM is one of the most underrated cryptocurrencies. McCaleb highlighted that Stellar already processes more daily transactions than most other blockchains, handling 10 times the volume of Ethereum.
The crypto market is buzzing with Avalanche (AVAX) establishing itself as one of the best-performing assets in recent weeks. With its value doubling in record time, AVAX has captured the attention of investors while also rekindling speculation about a potential prolonged rally.
Polkadot (DOT) has witnessed an exceptional surge recently, gaining over 100% in the last month with a weekly gain of 55%, which brought the price up to above $8. A breakout in the early hours of the day saw DOT test the $10 resistance level.
Polkadot (DOT) surges 122% in 30 days, reclaiming $8. Can it break $10? Explore DOT's key levels, RSI signals, and technical outlook for the coming days. The post Polkadot Is Red Hot As DOT Blasts Past $9, Up 122% in 30 Days appeared first on Cryptonews.
According to CoinGecko data, Stellar (XLM) has managed to surpass Shiba Inu (SHIB) by market cap following a massive rally.
XLM is by far the top performer from the larger-cap alts.