The price of XRP is yet to embark on a bullish trajectory but many crypto analysts continue to remain bullish. Among these analysts is EGRAG Crypto, a figure well-known in the crypto community for his consistently ultra-bullish perspective on XRP. Related Reading In a recent detailed analysis shared on the social media platform X, EGRAG expressed his belief that XRP’s prolonged period of trading under the $1 mark might soon be coming to an end. His technical analysis reveals the potential for a sustained upward price movement. According to EGRAG,…
Tag: Analyst
Analyst Predicts 2,200% Explosion Will Send Cardano To $8, Here’s When
Cardano has gotten a lot of bullish predictions lately, especially in relation to the much-anticipated Chang upgrade. The upgrade is one of the most important upgrades for the network in a while, and this has triggered a wave of optimism among supporters. Amid this, another bullish prediction has been presented by crypto analyst Alan Santana, who predicts a significant rally for the altcoin’s price that would send it to new all-time high prices. Where Cardano Is In This Cycle In the last three years, the Cardano price has seen various…
Crypto Analyst Predicts 42,263% Breakout For XRP Price To $280, Here’s The Roadmap
A crypto analyst is predicting a massive price breakout for the XRP price, the native token of the XRP Ledger (XRPL). Despite XRP’s sluggish price performance, the analyst believes that this cryptocurrency could soar as high as 42,263%, potentially hitting an ambitious price target of $280 this bullish cycle. Roadmap To XRP’s $280 Price Increase In an X (formerly Twitter) post on August 22, crypto analyst, Javon Marks expressed his optimistic projections for XRP, highlighting critical points where the cryptocurrency is most likely to experience a significant upward momentum. Sharing…
Bitcoin Poised for a 200% Rally as Analyst Spot Rare Bullish Pattern
Amid Bitcoin’s current gradual recovery in price, attention has been drawn towards the asset as it prepares to be on the verge of closing its seventh consecutive monthly candle above the all-time high (ATH) of 2021. Renowned crypto analyst Moustache recently took to X to highlight this key milestone, emphasizing the importance of higher timeframes in trading. According to Moustache, the fact that Bitcoin is holding above its previous ATH every month is a strong indicator of support, which could signal continued upward momentum shortly. Is Bitcoin Building Momentum For…
Cardano Poised To Hit $2.88, Following Solana’s Fractal: Analyst
Crypto analyst @XForceGlobal shared a new video chart analysis focused on Cardano (ADA), a cryptocurrency that many are dismissing as a “dinosaur coin” at the moment. In the analysis, XForceGlobal (@XForceGlobal) provided an in-depth look at Cardano’s current position within the Elliott Wave cycle, suggesting that ADA is on the of entering a strong upward phase, commonly referred to as “Wave 3.” Cardano Price Could Soar To $2.88 The analyst compares the current price action of ADA to that of Solana (SOL). Earlier this year, Solana demonstrated a similar price…
These Are The Biggest Bitcoin Support & Resistance Zones, Analyst Reveals
An analyst has revealed the Bitcoin price zones that could act as major support and resistance centers for the cryptocurrency. A Large Number Of Investors Bought Bitcoin Inside These Zones In a new post on X, CryptoQuant author IT Tech has discussed the Bitcoin price levels that could act as support and resistance for BTC. In on-chain analysis, the potential for any price level to behave in this manner lies in the amount of tokens purchased. Related Reading Below is the chart from the market intelligence platform IntoTheBlock shared by…
Top Analyst Explains Why Base Dawgz and Mpeppe Will 100x In The Coming Months
Currently, two projects are catching the attention of top analysts: Base Dawgz (DAWGZ) and Mpeppe (MPEPE). Both tokens are currently making waves in the market, with predictions that they could see a 100x increase in the coming months. But what makes these two coins so special? Let’s dive into why these projects are set to explode and why savvy investors are paying close attention. Base Dawgz (DAWGZ): Revolutionizing Meme Coins with Multi-Chain Functionality Base Dawgz (DAWGZ) is setting a new standard for meme coins by incorporating a Multi-Chain functionality that…
Bitfarms stock earns analyst praise after ‘transformational’ deal
H.C. Wainwright analyst Mike Colonesse described Bitfarms’ agreement to acquire Stronghold Digital Mining as “a transformational acquisition.” The analyst commented on the Bitcoin (BTC) miner’s potential to benefit from the Stronghold acquisition in a note shared with crypto.news on Aug. 22. It comes a day after Bitfarms’ announcement on Aug. 21. Colonesse views the $125 million all-stock deal for Stronghold as a significant opportunity for Bitfarms to expand its operations substantially over the next 16 months. When finalized in the first quarter of 2025, Stronghold’s power capacity will enable Bitfarms to…
XRP Smashes Through Resistance, Could Soar 15%, Analyst Says
Ripple’s XRP is on a rampage, breaking through a key resistance level of late. The move has analysts eyeing the crypto asset for a potentially big gain, with many, like Bret Hill, suggesting as such. Related Reading Meanwhile, Pastor Brandon Biggs is doing rounds on social media with his “prophetic” prediction of an “overnight” surge in the price of XRP. Against this backdrop, XRP is currently trading at the level of $0.603, which is a 4% in profit over the past 24 hours. Over a seven-day period, the digital asset…
This on-chain movement could bring Bitcoin price down, analyst says
Bitcoin surpassed the $60,000 mark again as the broader market witnessed a recovery, but a key indicator shows the expectation of another price fall. Bitcoin (BTC) surged by 2% in the past 24 hours and is trading at $60,800 at the time of writing. Its daily trading volume increased by 30%, reaching $34.8 billion. Bitcoin’s market cap is currently sitting at the $1.2 trillion border. According to an X post by CryptoQuant, the surge comes as BTC over-the-counter desk balances for miners have increased by 71.2% over the past three…