Tag: Analyst

Is The Dogecoin Bottom In? Analyst Explains What Matters Now

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Dogecoin is attempting to stabilize after a sharp shakeout, and one technician argues the market just telegraphed its line in the sand. In a weekly chart shared on X, independent analyst Kevin (@Kev_Capital_TA) highlights a “solid bounce” from the weekly 200-EMA and a swift move back into the year’s dominant trading range. At press time on the chart, price sits near $0.1828, with the blue 200-week moving average rising just beneath the market around the $0.16 handle. Is This The Local Dogecoin Bottom? Kevin’s framework is straightforward and level-driven. He…

Dogecoin Does Not Have Potential For A Strong Move Upward, Analyst Says

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Following the general trend of the crypto market, the Dogecoin price has been stuck in sideways action for a while now. Mostly, there has been more dominance toward the downside compared to any opportunity for a recovery, and this has pushed it toward critical support levels. Amid this, the meme coin has shown a lot of weakness and the overall trend remains generally bearish in favor of further price decline. Why Dogecoin May Crash Instead Of Recover With the Dogecoin price already struggling, crypto analyst RLinda believes that the bearish…

XRP To $10? Analyst Reveals What Could Be The Spark

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An analyst has explained a dream scenario for XRP based on a Bull Flag that the cryptocurrency has potentially been following on the monthly chart. XRP Could Be Trading Inside A Bull Flag Pattern In a new post on X, analyst Ali Martinez has discussed about how XRP has been forming a Bull Flag recently. The “Bull Flag” is a type of Flag from technical analysis (TA). A Flag pattern looks like, as its name suggests, a flag on a pole. A consolidation channel with two parallel trendlines forms the…

Analyst Sets Bitcoin Next Step Before Chasing Thanksgiving Rally

Key Notes Analyst predicts US government liquidity injection of up to $70 billion could push Bitcoin to $116K by late November. Short-term analysis suggests BTC may first dip to $104K due to CME gap and technical indicators before rallying. CrypNuevo maintains 100% win rate across 13 recent trades, lending credibility to the forecast. Bitcoin BTC $105 861 24h volatility: 2.0% Market cap: $2.11 T Vol. 24h: $75.18 B could be preparing itself for the next rally that a prominent analyst believes could happen by Thanksgiving and Black Friday, by the…

Current Crypto Market Price Action Similar to Early 2000s Stocks — Analyst

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Crypto whales and long-term holders are cashing out, exerting constant selling pressure on markets, and keeping crypto prices suppressed, similar to market dynamics following the 2000s dot-com stock market crash, according to analyst Jordi Visser. Visser said the current price action in the crypto market is reminiscent of the period following the 2000 dot-com stock market bubble, which crashed stocks by up to 80%, followed by 16 years of consolidation before they regained their previous highs. This meant that venture capitalists, who invested in tech during the crash, were forced…

Analyst Says Don’t Fight It

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XRP has spent the past week on the continuation of a downtrend from the previous week, slipping from above $2.50 before rebounding around $2.12 and now hovering around $2.30. The price action reflects a market struggling to find direction, caught between bullish optimism and lingering selling pressure. Despite the broader slowdown in its price action, technical analysis shows that XRP is still displaying a resilient structure on the charts that maintains its critical support levels. According to Egrag Crypto, a popular analyst known for his long-term technical outlooks on XRP,…

Latam Stocks Outperform S&P 500: Analyst Claims Region Is ‘Open for Business’

According to Crescat Capital’s Macro Strategist Otavio Costa, Latin America might offer an alternative for U.S. investors as it is currently on the brink of a structural transformation, with Argentina and El Salvador leading the charge of a region-wide change. Latam Stocks Surpass S&P 500 Index: The Region Is ‘Open for Business’ The Facts Even […] Source CryptoX Portal

ZCash Rally Could Be Over – Here Are Potential Support Targets: Analyst

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Following an impressive parabolic rally, ZCash (ZEC) has experienced a strong price correction in the last 24 hours, marked by a price loss of 14.54%. As the darkhouse tries to find price stability, renowned market analyst Ali Martinez has postulated on a potential market peak and the following implications. $325 Or $125 – How Low Can ZCash Go?  In no equivocal terms, ZCash has been one of the best performers of the present crypto market cycle, boasting a price gain of 1136.45% in the last year. Notably, the altcoin and…

Bitcoin ‘Hottest Trade’ Status Will Return, Says Crypto Analyst

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Optimism around Bitcoin was far stronger at the start of the year, but it may not be long before the cryptocurrency regains that same level of hype, according to Galaxy Digital’s head of research, Alex Thorn. “Attention will come back to Bitcoin, it always does,” Thorn said during an interview with CNBC on Friday, emphasizing that “Bitcoin was the hottest trade of the year at the start of the year” after Donald Trump’s win in the US presidential election. “For everyone worldwide and all sorts of asset classes…That’s just not…

Altcoin Season Hints Lie In Bitcoin Dominance Performance: Analyst

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The recent volatility in Bitcoin’s dominance could be a signal that altcoin season is approaching sooner than many traders expect, according to a crypto analyst. “The reason why you should have confidence in the altcoin price action is because the BTC Dominance chart looks bearish and has looked bearish for many weeks,” crypto analyst Matthew Hyland said in an X post on Friday.  “The downtrend is favorable to continue; therefore, this relief rally has been a dead cat bounce in a downtrend,” Hyland said. In a separate video on Saturday,…