Tag: Analyst

Analyst Says Litecoin Will Outperform Bitcoin And Large Cap Cryptos With 11,000% Breakout

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Este artículo también está disponible en español. Despite being termed the ‘digital silver’, the Litecoin price has remained muted in the last year. The altcoin’s price saw a run-up back in 2023, leading up to its halving. Since then, it has failed to maintain this upward momentum, falling short of the triple-digit level. From here, though, it seems the tide might finally be changing for the Litecoin price, as a notable prediction from an analyst suggests that a rally could send the price to a new all-time high. Litecoin Price…

Critical Bitcoin Indicator: Analyst Foresees Major 75% Correction Ahead

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The Bitcoin price has been unable to break out of its current downtrend after losing the $60,000 mark this week, trading as low as $57,790 on Tuesday. However, one indicator is pointing to further price corrections for the largest cryptocurrency on the market that could send the coin well below current levels.  Bitcoin Faces Major Risks In a recent social media post, crypto analyst Ali Martinez has pointed to the Stochastic Relative Strength Index (RSI) on Bitcoin’s 2-month chart, which has recently indicated a trend reversal from bullish to bearish. …

Will Bitcoin Repeat History? Analyst Sees This 2019 Pattern In Current Market

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Can Avalanche (AVAX) Reclaim $30? Top Analyst Predicts A Dip Before A Bounce

Este artículo también está disponible en español. Avalanche (AVAX) is currently trading at a crucial level after a 24% retrace that began last week. The crypto market is experiencing extreme fear and uncertainty, with most altcoins hovering near yearly lows. Analysts and investors closely monitor AVAX’s price action as the market remains volatile.  Related Reading Top analyst and trader Kaleo has shared his insights, predicting AVAX may dip further before a recovery occurs. This forecast has caught the attention of many, given the current market conditions and the pressure AVAX…

Solana Is ‘Truly In Limbo’ If This Happens, Warns Crypto Analyst

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Este artículo también está disponible en español. A recent statement made by Austin Federa, a strategist at the Solana Foundation, has sparked a widespread debate within the crypto community. On Monday, Federa proposed a novel conceptualization for several enhancements on the Solana blockchain via a post on X, suggesting that “most of the L2-ish things on Solana are better thought of as Network Extensions.” “While the underlying tech stack might resemble Bitcoin or Ethereum L2’s, the function and role is so radically different I think founders would best be served…

SUI Price Analysis; Top Analyst Dives Into SUI Future Potential and More

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Este artículo también está disponible en español. The cryptocurrency market has always been a roller-coaster ride, and Sui (SUI) is no exception. Over the past week, SUI has experienced a significant drop, with a staggering 23% loss as market panic grips investors. Despite the strong developments within its ecosystem, SUI’s short-term performance appears to be clouded by fear, uncertainty, and doubt (FUD). However, amidst this turmoil, Mpeppe (MPEPE) is emerging as a potential contender for those seeking gains in the volatile crypto space. Mpeppe (MPEPE): Crypto Markets Favorite Meme While…

Crypto Analyst Predicts XRP Surge To $18 With Third Elliott Wave

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Este artículo también está disponible en español. In a new technical analysis published on X, crypto analyst Dark Defender (@DefendDark) is projecting a highly bullish future for the XRP price. He leverages the Elliott Wave Theory to suggest a potential surge to $18.22 in what he anticipates to be the third wave of a major bullish cycle. This analysis is backed by a detailed review of XRP’s price movements, key support levels, and technical indicators on the weekly chart. Why XRP Price Is Poised To Hit $18 The Elliott Wave…

Is Ethereum Headed For Trouble? Analyst Warns Of Surging Exchange Reserves

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Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase is one of accumulation or distribution. According to a recent analysis by CryptoQuant analyst Shayan, the Ethereum exchange reserve metric, which tracks the amount of ETH held in exchange wallets, is providing insights into this question. What Does The Ethereum Exchange Reserve Currently Signals? Shayan disclosed in the analysis shared in a post on the CryptoQuant…

Bitcoin Decline Not A Cause For Alarm, $100,000 Still In The Cards, Analyst Says

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Este artículo también está disponible en español. The Bitcoin recent price volatility, including a crash below $50,000 last month, has significantly slowed down the momentum of the bull run many analysts are anticipating. Despite the price lull, a certain crypto analyst believes that the Bitcoin bull run is still on track, predicting a sharp rise to over $100,000 once current price corrections stabilize.  Bitcoin Bull Run Still Going Strong Popular crypto analyst, CryptoCon sees Bitcoin’s recent price drop as a minor setback, suggesting that the cryptocurrency’s highly anticipated bull run…

Why Cardano Remains ‘Fundamentally Bullish’: Crypto Analyst

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Este artículo también está disponible en español. In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang” hard fork. Why Cardano Is ‘Fundamentally Bullish’ The core of Gambardello’s analysis began with the implementation of the Chang hard fork, which he describes as a monumental step…