NFT & ICO Calendar

    Weekly Crypto News Alerts: BTC, ETH, SOL, AXS, APT, CFX, LINK, LTC – Week #39

    Welcome to this week’s (39) edition of the Weekly Crypto News Alerts where we dive into the fascinating world of cryptocurrencies.

    In this edition, we will perform a comprehensive analysis of the price movements and trends of five prominent cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Chainlink (LINK), and Litecoin (LTC).

    Each of these digital assets has its unique characteristics and has been making waves in the crypto space.

    Let’s get started with a closer look at their recent performance.

    Bitcoin Price
    Bitcoin Price – Source: TradingView

    Bitcoin Price Analysis

    The world of cryptocurrency has been abuzz with both bullish and bearish sentiments this week.

    Bitcoin, the pioneer of cryptocurrencies, has seen a relatively modest increase of 0.08% over the week, bringing its price to $26,560.

    With a market capitalization of $517.8 billion and a trading volume of $6.6 billion as of press time, Bitcoin continues to dominate the crypto market.

    Volatility in Bitcoin’s price has remained relatively stable this week, as indicated by the narrowing Bollinger bands.

    However, the relative strength indicator (RSI) is trending below its average line, suggesting lingering bearish pressure.

    Furthermore, the Moving Average Convergence Divergence (MACD) indicator is hovering in the red zone, signaling potential downside risks for Bitcoin in the short term.

    Ethereum Price
    Ethereum Price – Source: TradingView

    Ethereum Price Analysis

    Ethereum, often considered the second-in-command in the crypto world, has also experienced slight bullish activity this week.

    However, its price has dipped by 2.3%, settling at $1,592.

    Despite this dip, Ethereum maintains a substantial market capitalization of $191.4 billion, with a trading volume of $1.9 billion.

    Similar to Bitcoin, Ethereum has witnessed relatively low volatility this week, with the Bollinger bands contracting.

    Nevertheless, the RSI indicator has fallen below its average line, indicating the presence of bearish sentiment.

    The MACD, too, has entered the red zone, suggesting caution for Ethereum investors.

    Solana Price
    Solana Price – Source: TradingView

    Solana Price Analysis

    Solana, a rising star in the crypto space, has demonstrated bullish momentum this week, boasting a weekly gain of 2.9%.

    Solana’s current price stands at $19.56, supported by a market capitalization of $8 billion and a trading volume of $95.8 million.

    Volatility for Solana has been on the lower side this week, with the Bollinger bands indicating a relatively narrow trading range.

    The RSI indicator, although below its average line, is on the verge of crossing back into bullish territory, signaling a potential upside for Solana.

    The MACD is comfortably in the green zone, further bolstering the case for bullish sentiment.

    Chainlink Price
    Chainlink Price – Source: TradingView

    Chainlink, known for its oracle solutions, has seen notable bullish activity this week, with a remarkable weekly gain of 14.6%.

    The price of Chainlink currently stands at $7.14, supported by a market capitalization of $3.9 billion and a trading volume of $236 million.

    Chainlink’s price volatility has remained low throughout the week, with the Bollinger bands closely packed.

    The RSI indicator has surpassed its average line, indicating strong bullish sentiment.

    Additionally, the MACD is comfortably situated in the green zone, reinforcing the bullish outlook for Chainlink.

    Litecoin Price
    Litecoin Price – Source: TradingView

    Litecoin Price Analysis

    Litecoin, often referred to as the silver to Bitcoin’s gold, has also experienced a modest uptick in price this week, with a weekly gain of 1.2%.

    Litecoin is currently priced at $64.58, boasting a market capitalization of $4.7 billion and a trading volume of $210 million.

    Volatility for Litecoin has shown signs of increasing, as evidenced by the divergence of the Bollinger bands.

    However, the RSI indicator has dipped below its average line, suggesting some bearish sentiment.

    The MACD remains in the red zone, hinting at potential short-term challenges for Litecoin.

    Crypto Prices Today: CRV, APT, AXS, and CFX Surge in Value

    Now, let’s shift our focus to some exciting developments in the broader cryptocurrency market.

    While the total market capitalization for cryptocurrencies experienced a 1.12% decrease in the past 24 hours, amounting to approximately $1.04 trillion, there were a few standout performers that defied the prevailing trend.

    Let’s take a closer look at these remarkable assets.

    Crv Usdt
    CRV USDT – Source: TradingView

    Curve DAO Token (CRV)

    CRV has been on a winning streak, showcasing an impressive 8.11% increase in its price over the past 24 hours.

    This surge has propelled CRV’s weekly performance into the green zone, with a gain of 16.45%. As of the latest data, CRV is valued at $0.5105.

    From a technical perspective, CRV has been trading below the $0.5140 resistance level.

    Although it briefly surpassed this barrier earlier in the trading session, it has since retraced to its current level.

    Notably, the 9-day Exponential Moving Average (EMA) line has crossed above the 20-day EMA line in the last 48 hours, signaling a shift in short-term momentum in favor of buyers.

    If CRV manages to secure a daily close above the $0.5140 resistance level in the next 48 hours, it could potentially flip this level into a support zone.

    Subsequently, breaking this barrier may pave the way for CRV’s price to target the next key resistance level at $0.5945.

    On the flip side, failure to achieve a daily close above $0.5140 could lead to a downward move, with potential support levels at $0.4515 and $0.3975.

    Aptos Price
    Aptos Price – Source: TradingView

    Aptos (APT)

    Aptos ranked as the 34th largest cryptocurrency by market capitalization, recorded an impressive 6.42% gain over the past 24 hours.

    This remarkable daily performance not only pushed APT’s price up but also lifted its weekly performance out of negative territory, with a gain of 3.27%. Aptos is currently priced at $5.44.

    Aptos is currently attempting to break out of a descending price channel that had formed over the past few weeks.

    If it successfully closes today’s daily candle above this channel, it may continue its ascent toward the next resistance level at $6.1635 in the coming week.

    Should APT surpass this resistance, it could gain the momentum needed to reach the subsequent threshold at $6.8850.

    Conversely, failure to close above the current price channel may result in a drop below the $4.8690 support level within the next 24-48 hours.

    If sell pressure persists, APT’s price could challenge the lower boundary of the descending price channel, potentially leading to a drop to $3.9410.

    Axie Infinity Price
    Axie Infinity Price – Source: TradingView

    Axie Infinity (AXS)

    At the time of writing, AXS is trading at $2.60, following a 4.19% price increase in the last 24 hours.

    This positive daily performance not only pulled AXS’s weekly performance out of the red but also generated a gain of 1.95% for the week.

    A symmetrical triangle pattern has formed on the daily chart for AXS/USDT, indicating the possibility of a forthcoming price breakout.

    If this breakout is to the downside, AXS may breach the next support level at $4.55, potentially leading to a further drop to $4.05 within the next two weeks.

    Conversely, a bullish breakout may propel AXS towards the $5.20 resistance level.

    An early indicator of the direction of the breakout could be if AXS maintains its position above $4.55.

    Such stability over the next 48 hours may suggest an impending upward movement.

    However, if AXS drops below this level in the next 48 hours, it may signal a bearish move toward the aforementioned $4.05 support.

    Conflux Price
    Conflux Price – Source: TradingView

    Conflux (CFX)

    CFX has experienced a 1.13% price increase over the past 24 hours, bringing its price to $0.1262.

    In addition to the price increase, CFX witnessed a significant 27.05% uptick in its 24-hour trading volume, which stood at $12,146,662 at the time of writing.

    CFX had been consolidating within the $0.1090 to $0.1400 range for the past three weeks.

    The altcoin’s price rebounded from the lower boundary of this sideways channel on September 11, 2023, and has since been on an upward trajectory toward the upper boundary of the consolidation channel.

    Should this bullish momentum persist, and CFX’s price continues to rise in the coming days, it may attempt to challenge the $0.1400 mark.

    A daily candle closing above this threshold could potentially pave the way for CFX to climb further to $0.1517 in the following week.

    On the contrary, if CFX retraces towards the $0.1090 support in the coming week, it could be at risk of breaking below the channel, potentially leading to a drop to the $0.0870 benchmark within the next two weeks.


    In conclusion, the cryptocurrency market remains an ever-evolving landscape filled with opportunities and challenges.

    As we’ve seen in this analysis, each digital asset has its unique characteristics and price dynamics.

    It’s crucial for investors to stay informed, exercise caution, and make well-informed decisions to navigate this exciting yet volatile terrain successfully.

    Stay tuned for more updates on the dynamic world of cryptocurrencies.


    Before we conclude our analysis, it’s important to emphasize that all the information and opinions shared in this price analysis are published in good faith.

    However, cryptocurrency markets are inherently volatile and can change rapidly.

    Readers are strongly encouraged to conduct their own research and due diligence before making any investment decisions.

    Any actions taken based on the information provided here are at the reader’s own risk, and neither the author nor Coin Edition and its affiliates shall be held liable for any direct or indirect damage or loss resulting from such actions.

    Richard Selon
    Richard Selon
    As an editor, Richard possesses a rare talent for distilling complex concepts into accessible and engaging content. He possesses an innate ability to take technical jargon and transform it into digestible articles that captivate both crypto enthusiasts and novices alike.

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