Tag: Analyst

Ethereum Breakdown, Analyst Eyes $1,130–$1,200 Price Target

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

Bitcoin’s Rise Isn’t Random: Analyst Reveals What’s Really Fueling BTC Above $85K

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Bitcoin (BTC) continues to trade above the $84,000 mark despite a slight decline in momentum this week. After briefly touching higher levels of nearly $90,000, the asset has seen a 3.3% decrease over the past day, bringing its current price to roughly $84,222. While price volatility remains a short-term concern, Bitcoin’s broader trend shows signs of consolidation within this range. Amid the movement from BTC’s price, on-chain analysts are offering insights into Bitcoin’s behavior beyond the surface-level price action. Bitcoin Mean Coin Age and Supply Dynamics in Focus A recent…

XRP Must Break Above $3 To Invalidate Bearish Pattern And Flip Bullish – Analyst

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. XRP is facing a pivotal moment after failing to test the $2.60 resistance level, with price action now leaning toward critical demand. The token continues to trade sideways in…

Bitcoin price drop to $72K possible due to ‘macro liquidity’ conditions — Analyst

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After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern. Bitcoin 1-day chart. Source: Cointelegraph/TradingView On the daily chart, BTC is currently below the 200-day exponential moving average (EMA) again, and a potential close below the key indicator might trigger further downside.    Global liquidity expansion could help Bitcoin price Recent analysis…

Popular Analyst Peter Brandt Identifies XRP Head & Shoulder Pattern, Reveals Path To Take

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Popular analyst Peter Brandt has provided a bearish outlook for the XRP price, predicting that the altcoin could drop below the $2 support. As part of his analysis, he…

Bitcoin price drops 3% on hot US PCE data as analyst says $84K must hold

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Bitcoin (BTC) sought a local bottom on March 28 while US inflation data came in higher than expected. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin wobbles as PCE comes in hot Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $85,500 at the Wall Street open before reversing. Down over 3% on the day, the pair saw lows under $84,500 on Bitstamp, marking its lowest levels since March 23. The February print of the US Personal Consumption Expenditures (PCE) Index subsequently showed inflation quickening — in contrast to the…

$5.30 On The Cards, Analyst Says

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The future of XRP has fans of the digital currency abuzz, with some analysts tipping a significant price surge in the near future. The digital currency market continues its…

Market is underestimating how quickly Bitcoin will hit new ATH: Analyst

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Bitcoin will break past its $109,000 all-time high sooner than expected despite recent volatile US macroeconomic conditions, according to a crypto analyst.  “The market may be underestimating how quickly Bitcoin could surge – potentially hitting new all-time highs before Q2 is out,” Real Vision chief crypto analyst Jamie Coutts told Cointelegraph.  He said this forecast stands regardless of whether or not there is more clarity on US President Donald Trump’s tariffs and potential recession concerns. Trump’s tariffs blamed for Bitcoin’s recent downtrend Bitcoin (BTC) fell below $100,000 on Feb. 2,…

Waiting For An Altcoin Season? Analyst Says A Weekly Close Above This Level Would Trigger A Rally

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. The crypto market is still trying to recover from its crash in early March, and sentiment is currently fluctuating. Although the Fear & Greed Index is still in the…

Bitfarms stock is ‘undervalued’ as firm pivots to AI and energy: analyst

H.C. Wainwright & Co. analyst Mike Colonnese has added Bitfarms stock to the firm’s top picks in the Bitcoin mining sector for 2025, citing strong operational improvements and a shift toward high-performance computing and AI infrastructure. In a research note following Bitfarms’ Q4 2024 earnings report and conference call, Colonnese said the market is “significantly undervaluing” the company’s scaled-up mining operations and emerging AI strategy. H.C. Wainwright reiterated its Buy rating on Bitfarms with a $3.50 per share price target, implying upside potential of more than three times from its…