A crypto analyst has projected a significant break to the upside for Bitcoin, drawing parallels to similar breakouts in traditional assets in the tune of the Gold and the S&P500. According to a technical analysis of the current price action, Bitcoin is playing out a cup and handle pattern, which could send it surging to…
Tag: crypto analyst
Analyst Says Fantom (FTM) Downtrend Is Over, Is $1 The Next Stop?
Fantom (FTM) registered a remarkable performance over the past 24 hours, attempting to break above a crucial horizontal level. Some market watchers forecasted a 345% surge before the year’s end but set the key levels to reclaim before FTM’s new all-time high (ATH). Fantom Breaks Out Of Downtrend As Sunday ended, Fantom’s price jumped 8.2%…
Dogecoin Price Flashes Sell Signal After 10% Jump, Is It Time To Get Out?
Dogecoin, the world’s largest meme coin by market capitalization is now flashing a major sell signal, indicating that it may be time for investors to get out fast, and sell off their tokens before a potential decline. This sudden sell signal comes as the Dogecoin price jumped 10% following a recent comment by SpaceX and…
$33.14 Billion At Risk If The Bitcoin Price Hits $72,462, Here’s Why
Crypto analyst Ash Crypto has alerted the crypto community that $33.14 billion is at risk if the Bitcoin price reaches $72,462. This relates to the short positions that could be liquidated if the flagship crypto hits that price target, a development that will be bullish for BTC. Almost $33.14 Billion Will Be Wiped Out If…
Bitcoin Price To $95,000? Here’s What Needs To Happen First
The Bitcoin price has now broken above the $68,000 mark amid a run of a will not stop this surge anytime soon. According to a detailed analysis posted on TradingView, a well-known crypto analyst has shared insights suggesting that Bitcoin is on track to climb even higher to reach an ambitious target of $95,000, but…
XRP Price Prediction: Analysts Turn Bullish As ‘Something Big Is Coming’, Here’s What
Crypto analysts Amonyx and Egrag Crypto have provided a bullish outlook for the XRP price with “something big” on the horizon. Based on their analysis, the long-awaited price breakout for XRP could soon happen. Something Big Is Coming For XRP Price Crypto analyst Amonyx stated in an X post that something big is coming for…
BTC Held On Exchanges Hits Lowest Point In 5 Five Years, Here’s What It Means For Bitcoin Price
The Bitcoin price has already been up by 10% in the past seven days, breaking above the $67,000 mark again in the last few hours. The Coinmarketcap Fear And Greed Index has now switched to greed in light of recent buying momentum and is showing no signs of slowing down. The buying pressure on Bitcoin…
Analyst Says This Bitcoin Price Rally Has A ‘Different Ring To It’, Places Next Target At $109,000
A new Bitcoin price target has been set at $109,000, with an analyst predicting that the pioneer cryptocurrency could surge to this projected level before the end of the year. This bullish forecast comes as Bitcoin experiences new momentum that has pushed its price well above $67,000. New Bitcoin Target Set At $109,000 A Bitcoin…
Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?
Following the market’s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Ethereum Getting Ready To Challenge BTC This week, Ethereum has successfully reclaimed the $2,500 support zone following the market’s recent performance. The second-largest…
Dogecoin Holder Base Falls To 6-Month Low, But Analyst Believes DOGE Price Is Headed To $10
Dogecoin (DOGE), the world’s largest meme coin has recently seen a sharp decline in its holder base, with new data confirming that the number of active long-term holders has fallen to a six-month low. Amidst this bearish development, a crypto analyst remains optimistic about Dogecoin’s price outlook, believing that it can reach new All-Time Highs…