Tag: Analyst

Bitcoin Price Crash Below $100,000 Not The End As Analyst Predicts Another 52% Jump

Este artículo también está disponible en español. The Bitcoin price action in the past 24 hours saw it breaking below the $100,000 price mark again very briefly before breaking above it again. Particularly, Bitcoin’s price action in the past 24 hours has been between $98,839.87 and $105,306, highlighting the potential corrections that could occur as the cryptocurrency continues to edge upwards.  This fluctuation comes amid a broader bull market cycle that analysts like CryptoCon suggest is far from over. Bitcoin Crash Below $100,000 Not The End Crypto analyst CryptoCon has…

Ethereum Sentiment Hits 1-year Low, Analyst Foresees 30% Run

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Este artículo también está disponible en español. Sentiment for Ethereum (ETH) has reached its lowest levels in a year as the second-largest crypto by market capitalization struggles to reclaim the $4,000 mark. Despite investors’ sentiment, some analysts suggest that the King of altcoins is about to kickstart its bullish run to new highs. Related Reading Ethereum Sentiment Drops To Yearly Low According to crypto analyst Ali Martinez, Ethereum social sentiment has hit a one-year low amid its struggle to turn the $4,000 resistance into support. Per the post, this metric…

XRP Will Create Millionaires, Analyst Declares In Wealth Projection

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Ripple’s digital asset is gaining traction in December 2024, generating a stir in the cryptocurrency market. XRP, the third-largest cryptocurrency by market capitalization, recently surpassed Tether (USDT). Analysts and investors alike are growing excited about the possibility for XRP holders to become among the wealthiest investors in the foreseeable future, as indicated by the recent spike. Potential Price Forecasts An analyst has expressed an audacious outlook for XRP, indicating that those who retain the asset may experience substantial returns, which could result in life-changing wealth in the near future. He…

Solana Bull Flag Signals A Breakout To $300 – Analyst Shares Key Levels

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Este artículo también está disponible en español. Solana (SOL) finds itself at a critical juncture as it tests demand at a price level that previously acted as key resistance. Since late November, SOL’s price has been in a retrace, dampening the hype surrounding the cryptocurrency. The prolonged decline has left investors uncertain about the next move for Solana, with many questioning whether it can regain its bullish momentum. Related Reading Top analyst Jelle recently shared a technical analysis on X, shedding light on Solana’s current setup. According to Jelle, Solana…

HBAR ETF next? More crypto ETFs expected in 2025: analyst

Bloomberg analysts Eric Balchunas and James Seyffart have predicted a surge in cryptocurrency exchange-traded funds in 2025. Following the approval of Bitcoin (BTC) and Ethereum (ETH) ETFs this year, speculation has increased regarding which crypto ETFs might be launched next. With upcoming leadership changes at the SEC, Balchunas and Seyffart shared their insights on X and discussed their outlook for the cryptocurrency market. “We expect a wave of cryptocurrency ETFs next year, albeit not all at once,” Balchunas shared on X. His optimism aligns with SEC Chair Gary Gensler’s impending…

Analyst Who Correctly Predicted The Fantom Breakout Above $1 Reveals What’s Next In The Parabolic Trend

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Este artículo también está disponible en español. A crypto analyst on TradingView, known as ‘Tradecitypro,’ has published a detailed Fantom (FTM) report, breaking down the cryptocurrency’s price action across the daily and 4-hour timeframe. After accurately predicting Fantom‘s surge above $1, the analyst highlights key price levels, market trends, potential price movements, and bullish technical indicators for FTM’s next parabolic trend.  Fantom Daily Timeframe: Signs Of Trend Weakness After correctly forecasting FTM’s price breakout at $0.84, the TradingView analyst has revealed that the cryptocurrency is now following a parabolic uptrend,…

XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

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Este artículo también está disponible en español. XRP has entered a consolidation phase after reaching a multi-year high of $2.90 during the first week of December. The cryptocurrency’s price action has left investors uncertain about its next move, fueling speculation about whether XRP will surpass the critical $3 mark or if the cycle top has already been set. This indecisive environment reflects a broader trend of caution among market participants, as XRP’s future remains unclear. Related Reading Ali Martinez, a prominent crypto analyst, recently shared insights suggesting that XRP has…

Dogecoin Rally Ahead? 85% Growth Expected by 2025 —Analyst

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Dogecoin (DOGE) is expected to experience an 85% price increase, which could potentially elevate its value to approximately $0.75 by early 2025, according to analysts. Following a significant yearly peak of $0.47 last month, the cryptocurrency is currently trading in the $0.40 range. This forecast is being issued at this time. Significant whale activity and bullish market sentiment have contributed to the enthusiasm surrounding Dogecoin, particularly in the wake of recent political events, such as Donald Trump’s re-election. Dogecoin: Present Market Conditions There are numerous factors that have contributed to…

Investors Withdraw Nearly $4,000,000,000 Worth of Bitcoin From Crypto Exchanges Over Past Week, Says Analyst

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A closely followed on-chain analyst says that investors are pulling out massive amounts of Bitcoin (BTC) over the last week. Popular analyst Ali Martinez says in the second week of December, market participants took out nearly $4 billion worth of BTC from crypto exchanges. Citing data from digital asset analytics firm CryptoQuant, Martinez details a steady downtrend in the overall balance of BTC on crypto exchanges. “Another 40,000 BTC were withdrawn from exchanges over the past week, totaling over $3.92 billion!” Source: Ali Martinez/X However, Martinez also says that Bitcoin…

TRON Targets $5 As Stablecoin Supremacy Drives Market Surge — Analyst

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The market activity of TRON (TRX) has experienced a remarkable surge, resulting in the company making headlines. In November 2024, TRON achieved an extraordinary $587 billion in USDT transfers, a 30% increase from the previous months. This remarkable expansion underscores TRON’s status as a preeminent blockchain platform for stablecoin transactions, which are distinguished by their rapid transaction speed and low fees. TRON’s deflationary model and the growing popularity of stablecoins may pave the way for even more substantial price increases as the cryptocurrency market continues to develop. USDT Transfer Volume…