Tag: Analysis

Altcoins Struggle, But Technical Analysis Says A Major Opportunity Is Forming

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The latest market conditions have pushed hopes of an altcoin season even further out of reach. Bitcoin continues to dominate the market with a 59.6% share, and its recent struggle to hold bullish momentum has not translated into any meaningful boost for altcoins.  Related Reading Broader sentiment has weakened as well, with the CMC Altcoin Season Index registering just 20, which still places the entire market in a Bitcoin-favored phase. Meanwhile, a critical indication has been detected from on-chain data that suggests this may be a rare moment to accumulate…

Bitcoin Cash Price Analysis: BCH Leads Gainers as Traders Take Profit on Zcash (ZEC)

Key Notes BCH outperforms top 25 assets with 24% gains as traders shift from overstretched Zcash positions into lagging privacy coins. Grayscale’s SEC filing to convert its $214M Bitcoin Cash Trust into a spot ETF serves as primary catalyst for institutional inflows. Technical analysis shows BCH at $595 with RSI at 62.25, targeting $650 resistance while maintaining support above $516 SMA levels. Bitcoin Cash BCH $598.6 24h volatility: 8.5% Market cap: $11.96 B Vol. 24h: $696.59 M extended its rally to 24% in the last 24 hours, emerging as the…

Bitcoin Analysis Sees the Final Blow-Off Top in the Making

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Bitcoin (BTC) is due for a “parabolic” reaction as a classic volatility indicator plumbs new all-time lows. Key points: Bitcoin’s Bollinger BandWidth indicator offers hope of a 2023-style BTC price surge into year-end. BandWidth avoided a “red” event despite the recent BTC price drawdown. Traders demand more proof of an enduring market rebound. Bitcoin Bollinger BandWidth preps “parabolic leg up” In an X thread on Wednesday, macro strategist Gert van Lagen presented a key signal from Bitcoin’s Bollinger BandWidth. Bollinger BandWidth measures the percentage difference between the upper and lower…

Dogecoin ETFs Flat At Launch, But Technical Analysis Points To $1 If This Support Holds

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The launch of spot exchange-traded funds (ETFs) tracking Dogecoin in the United States was met with muted enthusiasm. Inflows into Grayscale and Bitwise’s ETFs were limited in their first week of trading, despite the hype around the first-ever Dogecoin ETFs. But even as ETF inflows sputter, some technical analysts argue that DOGE might still undergo a strong price rally, possibly all the way to $1, if important support levels hold. Related Reading Spot DOGE ETFs Off To A Slow Start When Grayscale rolled out its Spot DOGE fund (GDOG) on…

Bitcoin price prediction: Latest BTC market analysis

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In the last 24 hours, the Bitcoin price surged nearly 4%, finally clearing the $90K resistance level. That number has often held BTC back, so this breakout is catching a lot of attention. With the market heating up, it’s worth taking a look at the BTC outlook to get a sense of what might be next. Summary Bitcoin price surged nearly 4% in the last 24 hours, breaking the key $90K resistance level. BTC is trading around $90.9K, supported by expectations of a potential Fed rate cut, though sentiment remains…

Bitcoin Price Analysis Puts $100,000 Back on the Radar

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Bitcoin (BTC) avoided US selling pressure Thursday as US Thanksgiving provided bulls with key relief.  Key points: Bitcoin retains $90,000 as support into the Thanksgiving weekend after hitting weekly highs. BTC price expectations flip bullish, with even $100,000 on the cards again. Futures markets show a leverage washout laying the foundations for a more sustainable rebound. BTC price bull targets bring back six figures Data from Cointelegraph Markets Pro and TradingView showed BTC price support holding at $90,000. BTC/USD four-hour chart. Source: Cointelegraph/TradingView After reaching weekly highs near $92,000 earlier…

Solana Price Analysis: What to Expect as 21Shares Launches SOL ETF on CBOE

Key Notes Solana’s staking ratio rose to 67.3% with 6.3% APY returns, creating supply tightness despite price weakness. Bitwise leads active Solana ETFs with $388.1M in holdings while all issuers benefit from SEC-approved staking rewards. Technical indicators show SOL near oversold levels with support at $124 and resistance at the $146.39 mid-band region. Solana SOL $132.0 24h volatility: 5.9% Market cap: $73.15 B Vol. 24h: $5.48 B price declined 4% to $134 on Nov. 19, pressured by broader market turbulence. The retracement came as asset manager 21Shares launched its SOL…

Investing.com Launches AI Chart Analysis Tool

Key Notes Testing revealed the system outputs precise figures like $93,297 for 200-day moving averages. The company claims the feature processes visual chart information, but output precision suggests traditional indicator calculation. Users receive 10 free credits for two complete analyses. Investing.com launched an AI-powered chart analysis feature on Nov. 18 that the company characterized as using Vision AI to interpret charts visually. Testing of the tool revealed output precision that usually requires calculated numerical data rather than image processing. The tool generates complete trading plans with specific technical indicators, according…

Paradigm Identified as Top HYPE Holder, Analysis Suggests

Key Notes Paradigm is reportedly the top HYPE holder with over 19.14 million tokens worth $763M. On-chain data links their wallets to early Wintermute and FalconX acquisitions. Paradigm’s estimated entry price is $16.46, implying $440M in unrealized gains. Paradigm, a major crypto investment firm, is reportedly the largest holder of HYPE HYPE $38.87 24h volatility: 3.5% Market cap: $10.53 B Vol. 24h: $642.56 M , the native of DEX Hyperliquid, with over 19.14 million tokens, a position worth roughly $763 million at current prices. Looks like my previous theory about…

Bitcoin’s valuation metric hints at a ‘possible bottom’ forming: Analysis

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Bitcoin’s MVRV ratio indicated that BTC was forming a potential local bottom, suggesting that the price can recover due to seller exhaustion. Key takeaways: Bitcoin’s MVRV ratio dropping to the 1.8-2.0 range signals a local bottom, historically preceding price rallies. Distress-driven selling may clear leverage, setting the stage for a market reversal, according to analysis.  Read more Original