Tag: Analyst

Chainlink ‘Ready To Breakout’: Analyst Eyes $50 Target Amid Whale Accumulation

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On Thursday, Chainlink (LINK) climbed from Monday’s lows to reclaim the $23 mark for the first time in over a week. The surge fueled investors’ bullish sentiment, with some market watchers forecasting a breakout to new highs. Chainlink Whales Go On Buying Spree Chainlink jumped 9% in the past day, tapping the $23 mark for the first time in ten days. LINK rallied alongside the rest of the market during the post-election pump, surging 200% in one month. During this rally, the cryptocurrency surpassed its Mach 2024 high of $22…

‘Solana Season Is About To Return’ As Price Turns Key Resistance Into Support – Analyst

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Este artículo también está disponible en español. Solana has captured the spotlight this week with its volatile price action, demonstrating resilience amidst market uncertainty. After dropping to a low of $168, SOL surged over 22% to reach $207, signaling renewed strength and bullish momentum. This impressive recovery has reignited optimism among investors and analysts alike, many of whom now anticipate a swift recovery and a potential bullish rally. Related Reading Top analyst Jelle has shared a compelling technical analysis, highlighting that the “Solana season” may be on the verge of…

BONK Price Ready To Surge 1,105% From Here? Analyst Reveals Key Levels To Watch

Este artículo también está disponible en español. The BONK price movements have brought it close to a critical support level, and its reaction could make or break its price trajectory from there. A detailed technical analysis on the TradingView platform suggests that the cryptocurrency’s current setup could lead to either a bullish breakout to retest its all-time high at $0.00005825 or a further decline below $0.00001497, depending on how price action unfolds in the coming days.  Descending Channel And Double Bottom Pattern For BONK Meme cryptocurrency BONK has largely been…

Bitcoin Price Above $100,000 Renews Hope, Analyst Reveals The Cycle Top

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Este artículo también está disponible en español. With the Bitcoin price back above $100,000, there have been discussions about what could mark the cycle top for the flagship crypto. Crypto analyst Tony Severino has provided some insights on this, revealing around what price target the market top could be considered.  Potential Cycle Top For The Bitcoin Price In an X post, Tony Severino suggested that the cycle top for the Bitcoin price could be around $170,000. This came as he noted that a 90% surge could take the flagship crypto…

Top Analyst Reports Massive Breakout For XRP Price, Eyes $10 As Next Milestone

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On Wednesday, the XRP price surged to its highest valuation in seven years, briefly reaching $3.02 and marking a substantial gain of nearly 30% over the past two weeks.  This impressive performance stands in stark contrast to the broader cryptocurrency market, where major players like Bitcoin (BTC) and Ethereum (ETH) have struggled to maintain upward momentum. Analyst Highlights ‘Massive Bullish Breakout’ For The XRP Price Analysts are now predicting that the XRP price and its upward trajectory may continue, driven by strong buying pressure and positive market sentiment seen during…

ETH Recovers From Drop, Analyst Points At 2021 Rally

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Este artículo también está disponible en español. After Monday’s drop, Ethereum (ETH) fell below key support levels and hit its lowest price since November. Nonetheless, several market watchers remain bullish, predicting a massive rally for the cryptocurrency this quarter. Related Reading Ethereum Drops To Two Month Lows Ethereum started the week with a significant correction, falling from the weekend range to its lowest price in two months. Over the weekend, Ethereum hovered between $3,200 and $3,340 after recovering from last week’s lows. Amid this performance, crypto analyst Ali Martinez pointed…

Analyst Says Bitcoin Fun Will Begin When This Flip Happens

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An analyst has explained how a crossover between these two Bitcoin metrics would have to happen before the ‘fun’ can begin for the asset. Bitcoin Realized Price Is Yet To Flip 200-Week MA In a new post on X, analyst James Van Straten has discussed about the Realized Price and 200-week moving average (MA) for Bitcoin. The “Realized Price” here refers to an on-chain indicator that, in short, keeps track of the cost basis or acquisition price of the average investor on the BTC network. When the spot price of…

Bitcoin Primed For A Major Rebound Following ‘Final Capitulation,’ Analyst Predicts

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Este artículo también está disponible en español. After surging past $90,000 for the first time on November 12, 2024, Bitcoin (BTC) has been trading within a broad range between $91,000 and $108,000. However, some analysts remain optimistic that BTC is poised to break out of this range to the upside following what they describe as a ‘final capitulation.’ Bitcoin Consolidation Nearing Its End? Crypto analyst Trader Tardigrade recently shared their analysis of Bitcoin’s price action on X. According to the analyst, BTC might be approaching a final capitulation before experiencing…

Analyst Who Predicted Bitcoin Price Crash To $89,000 Reveals Where BTC Is Headed Next

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Este artículo también está disponible en español. Crypto analyst MadWhale has revealed where the Bitcoin price could be headed next, having correctly predicted the BTC crash to $89,000. The analyst also explained why the flagship crypto’s current outlook is bullish, which could lead to further gains.  Where The Bitcoin Price Is Headed Next  In a TradingView post, MadWhale predicted that the Bitcoin price could record a 17% gain and rally to a new high of $110,000. The analyst explained that the outlook for the crypto market is largely positive. He…

Crypto Analyst Unveils Shocking Altcoin Season Forecast

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Este artículo también está disponible en español. In a bold series of posts on X on January 14, prominent crypto analyst Miles Deutscher delivered a shocking forecast concerning the long-debated phenomenon of an altcoin season. His commentary quickly drew attention from crypto analysts, particularly as it appeared to challenge, rather than reinforce, the long-standing hopes of a 2021-style altcoin mania. RIP Crypto Altcoin Season? Deutscher began his post by acknowledging the renewed conversation within crypto circles on whether an “alt season” could come around again. He distinguished two different interpretations…