While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin. Dogecoin Bottom May Be Lower On Monday, Dogecoin bounced 3% from Sunday’s lows and reclaimed the $0.091 level, which had been lost…
Tag: crypto analyst
Bitcoin Is Repeating 2022 Playbook That Triggered Crash To $17,500
The 2022 Bitcoin crash has been one for the history books, where the price went from $69,000 to $16,000 before hitting a bottom. Being the most recent bear market before the current cycle, there have been a lot of comparisons between the current trend and the previous one. So far, while the Bitcoin price has…
Cardano Red Month Is Far From Over: Analyst Predicts Crash To This Target
Like other altcoins in the space, the Cardano price has suffered a tremendous amount of losses over the last few months. This relentless sell-off has pushed the ADA price so low that it is now sitting at levels not seen since the last bear market. Even now, Cardano remains in danger of further decline, as…
Solana Rally Over? SOL Risks 2022-Like Correction As Price Erases Mid-Week Recovery
As the broader crypto market retraces, Solana (SOL) has erased its recent gains despite strong institutional demand for investment products based on the cryptocurrency. Some analysts have now suggested that the altcoin risks a deeper pullback similar to its 2022 correction. Solana Loses Mid-Week Gains As Market Wobbles On Friday, Solana dropped 7% intraday to…
Analyst Says Bitcoin $200,000 Target Remains Open, But There’s A More Realistic Target
Bitcoin’s initial break above the 6-figure price point back in 2024, and then the eventual move to an all-time high of $126,000, has fueled the expectations of higher price points. Even now, as the price continues to trend below $100,000, it has done little to erase the bullish momentum surrounding the cryptocurrency, especially in the…
Ethereum ETFs Record Best Single-Day Performance Since January With $169M Inflows
As the crypto market bounces from the latest shakeout, Ethereum (ETH) and investment products based on the King of Altcoins recorded a remarkable single-day performance, potentially setting the stage for further recovery. Ethereum ETFs Recover Amid Market Bounce Ethereum-based spot Exchange-Traded Funds (ETFs) recovered from Tuesday’s weak performance and recorded their best single-day in nearly…
Analyst Shares The Best Time To Buy Shiba Inu, And The Best Time To Sell
Shiba Inu’s price trajectory has continued to disappoint investors with what seems like a never-ending sell-off. As a result of one year of downtrend, the Shiba Inu price has dropped more than 93% from its 2021 all-time high, now barely resting on levels not seen in two years. While this is going on, though, the…
Bitcoin Reclaims $73,000 Amid Iran War Volatility, But Analyst Issues Key Warning
As the crypto markets rebounded on Wednesday, Bitcoin (BTC) bounced back from the recent selloff triggered by the escalating Middle East conflict, targeting a surge toward high levels. While some market observers see this as a sign of strength and potential bottoming, others warn that the rally could be short-lived. Bitcoin Shows Strength Despite Growing…
Dogecoin Morning Doji Star Shows Bullish Reversal That Will Send Price To $0.8
Dogecoin, despite being the largest meme coin, has been unable to replicate its previous explosive trends that had led to new all-time highs. Even now, the cryptocurrency continues to struggle below $0.1, spurred on by the bearish sentiment that has dominated the digital asset market in recent times. However, it seems that there might be…
Expert Trader Says Bitcoin Surge To $220,000 Is Coming, But This Will Happen First
Bitcoin’s current price trajectory has left a lot to be desired, with the most concern currently being for when the digital asset will hit a bottom. There have been countless predictions since the decline began, and yet, Bitcoin remains below $70,000. Nevertheless, it has not stopped the barrage of bottom calls and price predictions. One…