Tag: Analyst

XRP Set To Outshine Gold? Analyst Predicts 1,000% Surge

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Este artículo también está disponible en español. A well-known analyst made an intriguing assumption about the rise of XRP, saying that it could potentially outdo the Philadelphia Gold and Silver Index. Egrag Crypto predicted that XRP could rise by 1,000% against the gold and silver index as the analyst sees the crypto replicating a run it made in 2017. Related Reading A Looming Crypto Run In a post, market analyst Egrag Crypto noted that indicators are showing that the altcoin could potentially make a bull run similar to what it…

Crypto Analyst Predicts 1,500% Pump As Litecoin Grows Against Bitcoin

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Este artículo también está disponible en español. Litecoin has been gaining momentum in recent weeks, and according to crypto analyst Tony “The Bull” Severino, this might be just the beginning of an explosive rally. Although Litecoin also started February on a decline alongside the rest of the crypto market, it has since detached and has recovered from these losses.  This interesting Litecoin price move has seen it outperforming against Bitcoin. In a post shared on social media platform X, Severino projected that Litecoin could significantly outperform Bitcoin in the coming…

Analyst Warns Of A 40% Drop

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Este artículo también está disponible en español. Dogecoin (DOGE) holders have been put on alert by crypto analyst Ali Martinez (@ali_charts), who shared a chart on Monday highlighting a noteworthy technical setup. According to Martinez, the Market Value to Realized Value (MVRV) ratio for DOGE just formed a “death cross” with its own 200-day moving average (MA)—an event that previously correlated with major price declines. Dogecoin MVRV Death Cross Warning Martinez’s chart, sourced from Santiment, plots three key data points: DOGE/USD Price (black line), DOGE’s MVRV Ratio (orange line) and…

$2,457,900,000 Worth of Ethereum (ETH) Withdrawn From Crypto Exchanges in Less Than Two Weeks, Says Analyst

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A closely followed crypto strategist says investors are heavily accumulating the top layer-1 platform Ethereum (ETH). Trader Ali Martinez tells his 125,900 followers on the social media platform X that crypto investors have taken out almost 1 million ETH tokens from digital asset exchanges in a little over a week. “More than 900,000 Ethereum ETH have been withdrawn from exchanges in [10 days], signaling increased accumulation and reduced sell pressure!” Source: Ali Martinez/X With Ethereum trading at $2,731 at time of writing, the 900,000 ETH tokens are worth over $2.457…

Dogecoin To $1.35? Analyst Predicts Milestone ‘Within 70 Days’

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Analysts predict a large price gain for Dogecoin (DOGE) in the upcoming months, putting the meme coin back in the spotlight. Some analysts believe DOGE will reach $1.35 by mid-April, a significant rise from its current price of about $0.27, as the cryptocurrency market recovers. The popular meme crypto will rise by about 400% and reach new heights if this prediction comes to fruition. Market Vigor Feeds DOGE Optimism As Bitcoin leads the push above $57,000, the broader market for cryptocurrencies has been heating up. Historically, meme cryptos like Dogecoin…

Analyst Says SUI Price Could Fall To $1.6 — Here’s Why

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Dogecoin Pulls Back To ‘The Golden Ratio’ – Analyst Expects A Bullish Reversal

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Dogecoin has faced a couple of turbulent weeks, with its price battling to reclaim crucial resistance levels while managing to hold above key demand zones. Following the early February selloff, the broader meme coin market has been bleeding, underperforming compared to altcoins and Bitcoin. However, Dogecoin has shown resilience, maintaining strength as analysts eye a potential recovery rally. Related Reading Crypto expert Ali Martinez shared a technical analysis highlighting a critical development for Dogecoin. According to Martinez, DOGE has pulled back to the 0.618 Fibonacci retracement level, often referred to…

XRP Price To New All-Time High? Analyst Says $5.8 Is Possible Following ‘Golden Cross’

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

XRP Must Push Past $3.40 To Confirm Uptrend – Analyst

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The XRP market experienced a major rally in the last day following the SEC’s acknowledgment of Grayscale’s XRP ETF filling. According to data from CoinMarketCap, the prominent altcoin rose by 11% reaching a local peak of $2.81 before experiencing a significant retracement to $2.39. With XRP on the rise again, investors must note the asset must scale certain price barriers to validate its current bullish momentum. XRP Must Move Past $3.40 To Retain Market Interest Popular market analyst Egrag Crypto has shared an intriguing analysis of the XRP market. In…

Bitcoin Breaking $117,000 Could Trigger Parabolic Rally – Analyst

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It was another volatile trading week in the Bitcoin (BTC) market marked by almost equal amounts of losses and gains. According to data from CoinMarketCap, Bitcoin moved between $95,000 – $98,000, forming a strong consolidation zone. However, popular crypto analyst Burak Kesmeci states the critical levels for the premier cryptocurrency lie outside this price range. Bitcoin Key Levels To Watch – $94,000 Support Vs. $117,000 Resistance In an X post on February 14, Burak Kesmeci shared an interesting technical analysis on the BTC market highlighting two key zones that could…