Tag: Analyst

Analyst Reveals Bullish Price Targets Ahead

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Este artículo también está disponible en español. Bitcoin (BTC) achieved a new record high of $94,730, continuing a significant uptrend that began on November 5. Analysts are dubbing this rally the “Trump trade,” as the recent political developments surrounding Donald Trump’s victory have instilled renewed confidence among investors in BTC and the broader crypto market. Analyst Forecasts 42% Increase For BTC Despite the impressive surge, analysts believe Bitcoin’s price discovery is far from complete, indicating substantial potential for further growth.  Among those sharing this bullish sentiment is analyst Ali Martinez,…

Analyst Reveals Bitcoin’s Hidden Price Zones: Key Levels Investors Need To Watch

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A recent analysis by CryptoQuant analyst tugbachain sheds light on an important aspect of Bitcoin market behaviour — the UTXO Realized Price Age Distribution. This metric plays a significant role in understanding the holding patterns of different investor groups and the market’s response to price fluctuations. The realized price, calculated as the Realized Cap divided by the total supply, is pivotal for identifying cost bases among long-term holders and recent buyers. According to tugbachain, the realized price levels for one-month and three-month periods often serve as critical zones during bull…

Analyst Confirms Dogecoin Price Test Of 0.786 Fibonacci Level, What Happens Next?

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Este artículo también está disponible en español. The Dogecoin price has been trading sideways for the past few days, consolidating around the $0.4 mark as it targets a breakout to the upside. This $0.4 price point is represented by the 0.786 Fibonacci level, which an analyst has confirmed that Dogecoin continues to test in order to witness a price rally.  Dogecoin Price Targets 0.786 Fib Breakout Kevin, a Dogecoin analyst on X (formerly Twitter), has shared his analysis of the DOGE price action, highlighting a key resistance point that could…

Bitcoin Rally Driven By U.S. Coinbase Investors – Top Analyst Shares Metrics

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Este artículo también está disponible en español. Bitcoin reached a new all-time high yesterday, surging to $94,000 and solidifying the bulls’ control over the market. This milestone has ignited widespread speculation about the key factors fueling the rally, as Bitcoin continues to dominate headlines and capture investor enthusiasm.  Related Reading Key insights from CryptoQuant CEO Ki Young Ju shed light on the drivers of this historic surge. According to Ju, this rally has been powered by Coinbase investors, with U.S.-based buyers playing a significant role. The influx of demand from…

Onchain Analyst: Binance Taps Cold Wallet Reserves as Bitcoin Outflows Spike

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According to the creator of timechainindex.com, Binance, one of the leading cryptocurrency exchanges, has recently experienced “significant outflows.” This activity has reportedly prompted the platform to tap into its cold wallet reserves to manage the situation. $334 Billion in Play: Centralized Exchanges Face Onchain Scrutiny Amid Bitcoin Highs The chatter on the onchain grapevine suggests […] Original

Analyst Predicts $200k Bitcoin On Incoming ‘Supply Shock’

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Este artículo también está disponible en español. Crypto Rover, a prominent crypto analyst, has identified critical indicators in the market dynamics of Bitcoin, such as a decline in exchange reserves and a favorable chart pattern that suggests a price target of $200,000. Related Reading His analysis is consistent with Bernstein’s long-term projection, which serves to bolster the notion that Bitcoin may experience substantial growth in the years ahead. These predictions have investors and analysts alike anxiously anticipating Bitcoin’s next significant move, as the market is currently in flux. Decreasing Exchange…

Dogecoin Forms A ‘Nasty Triple Top’: Analyst Reveals What’s Next

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Este artículo también está disponible en español. The Dogecoin price is currently exhibiting a highly bearish chart pattern on the 4-hour time frame, signaling potential caution for investors. After forming a bullish falling wedge pattern between November 12 and 19, the anticipated breakout was short-lived and failed to meet bullish expectations. On November 19, Dogecoin broke out of the formation, sparking initial optimism among traders. However, crypto analyst Kevin (@Kev_Capital_TA) had predicted the breakout would be weak, and subsequent price movements validated his forecast. Where Is Dogecoin Price Heading Next?…

$13 XRP? Analyst Says It’s Closer Than You Think

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Este artículo también está disponible en español. Recently, XRP has experienced a significant increase in value, reaching a three-year peak of $1.27. The token is currently trading at $1.09 on a sustained weekly increase of 80%, and many investors are contemplating whether this marks the beginning of a new bull run. Related Reading Nevertheless, a seasoned analyst is uncertain. She cautions that XRP has demonstrated bullish potential; however, it is probable that a correction will occur before the altcoin can make its next significant move. XRP Hits 3-Year High –…

Bitcoin Price Forms Bullish Symmetrical Triangle, Crypto Analyst Says Next Stop Is $100,000

Este artículo también está disponible en español. The Bitcoin price movements have recently formed a bullish symmetrical triangle pattern, a technical indicator that often precedes significant upward momentum. This pattern formation has come amidst a back and forth between $93,477 and $85,970 after the Bitcoin price reached an all-time high of $93,477 on November 14. The observation of this bullish symmetrical triangle was highlighted on the social media platform X by the crypto analyst known as Stockmoney Lizards, who is also credited with developing the Satoshimeter indicator. Symmetrical Triangle Points…

Analyst Predicts Possible 40% Crash For XRP Price With Gravestone DOJI Candle Formation

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Este artículo también está disponible en español. The long-awaited rally in the XRP price may be coming to a fast end, as a crypto analyst has predicted a 40% crash for the cryptocurrency. Despite XRP’s recent bullish momentum breakthrough to the $1 mark, the analyst has revealed that XRP is showcasing a Gravestone DOJI candlestick formation, signaling a bearish outlook for the cryptocurrency.  XRP Price Expected To Crash 40%  A crypto analyst identified as ‘Without Worries’ on TradingView has released a detailed analysis of the XRP price action, projecting a…