Tag: Analyst

Crypto Analyst Gives Reasons Why A Face-Melting Bull Run Is On The Horizon

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Crypto analyst Lark Davis recently predicted that this bull run could be more massive than most people imagine. He outlined why this market cycle could stand out from previous ones.  Why This Bull Run Will Be “Face Melting” Davis mentioned in an X (formerly Twitter) post that crypto market participants are about to witness a “face-melting bull run.” He alluded to the influence of institutional investors as the reason why this bull run will stand out. For one, he noted how the US Spot Bitcoin ETFs already record hundreds of…

Analyst Sets Sights On $33 Target

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Chainlink (LINK), the oracle network powering decentralized applications (dApps), has been making waves in the crypto market. After a successful surge, the digital asset is now setting its sights on even higher ground, with analysts predicting a bullish run and price targets as high as $33. At the time of writing, LINK was trading at $16.27, down 6.4% and 11.0% in the daily and weekly timeframes, data from Coingecko shows. Related Reading Support Levels And Re-accumulation Signal Bullish Trend LINK’s recent price action has analysts excited. The token decisively broke…

Is A Bitcoin Crash Below $50,000 Still Possible? Crypto Analyst Shares The Possibilities

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The Bitcoin price has stalled after hitting the $71,000 level, floating in what is essentially a limbo of indecisiveness. Naturally, periods like these act as a predecessor to a massive move, but what direction the price might be headed in is another thing entirely. In an effort to pinpoint where Bitcoin is going, crypto analyst Alan Santana has analyzed the Bitcoin chart and come up with a possible direction. Bitcoin Could Be Headed Downward Alan Santana’s analysis looks at the Bitcoin performance over the past year in a bid to…

Inverted Hammer Appears On The XRP Price Chart, Crypto Analyst Picks First Target Of $0.75

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Crypto analyst Egrag Crypto has revealed a bullish pattern that recently formed on the XRP price chart. The analyst also revealed how high the crypto token could rise once it makes this move to the upside.   Inverted Hammer Forms On The Chart Egrag highlighted an Inverted hammer that had formed on XRP’s chart while noting how bullish this was for the crypto token. He claimed that last month’s candle formation showed a 75% Inverted Hammer at the bottom, which is “super bullish” for XRP. Egrag believes this is an “amazing…

‘Head And Shoulders’ to Lift Bitcoin to $83K, Analyst Says

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“It is only a matter of time until bitcoin makes a new all-time high. The head-and-shoulders formation suggests a rally towards 83,000 soon, with the resistance line likely broken within the next few days. The ideal time for this resistance to break is either today, Friday, June 7, or next week, Wednesday, June 12,” Markus Thielen, founder of 10x Research, said in a note shared with CoinDesk. Original

Analyst Predicts XRP At $0.75 In July Despite Year-Long Slump

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In a stark contrast to the performance of the broader crypto market, XRP continues to face significant challenges, according to statements from pro-XRP lawyer Bill Morgan. Despite a discouraging decline in the value of the crypto asset relative to Bitcoin (BTC) and 88% of the top 100 cryptocurrencies, Morgan maintains a bullish outlook on the asset. In a post on X, Morgan outlined the struggles XRP has faced, particularly over the last year—a period that brought legal clarity and was expected to boost investor confidence in XRP. Morgan noted, “There…

Analyst Says Get Ready As Dogecoin Enters ‘Expansion Stage’, Can DOGE Reach $12?

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Dogecoin is one of the cryptocurrencies getting a lot of interest from analysts recently. With meme coins expected to outperform once again during this bull cycle, crypto analyst Crypto Kinfolk has pointed out where the Dogecoin price could end up as this bull cycle manifests. Dogecoin Enters Expansion Stage In an analysis posted on the TradingView platform, crypto analyst Crypto Kinfolk laid out a possible scenario that could see the Dogecoin price soar from here. Starting out with a brief history, the crypto analyst highlighted how far the meme coin…

Popular Analyst Predicts Dogecoin Will Outperform Bitcoin As Market Enters Meme Coin Super Cycle

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Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE), revealing how well the foremost meme coin could perform in this bull run. He also suggested that there was no need to worry about Dogecoin’s current price action, which paints a bearish outlook for the meme coin.  Dogecoin Will Outpace Bitcoin In This Market Cycle Crypto Kaleo mentioned in an X (formerly Twitter) post that he has “an insanely high conviction” that Dogecoin will “outpace” Bitcoin in this market cycle. He made this statement while revealing that…

Bitcoin Like A Spring Waiting To Uncoil, Analyst Explains Why

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An on-chain analyst has explained how Bitcoin is sitting like a coiled spring right now, a state the asset doesn’t usually stay in for too long. Bitcoin Short-Term Holder Sell-Side Risk Ratio Has Declined Recently In a new post on X, analyst Checkmate has discussed the recent trend occurring in the Sell-Side Risk Ratio for the Bitcoin short-term holders. The Sell-Side Risk Ratio here refers to an indicator that tells us about how the absolute profit and loss being locked in by the investors compares against the BTC Realized Cap.…

Notcoin (NOT) Poised For Explosive Growth, Analyst Says

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The cryptocurrency world is abuzz with chatter surrounding Notcoin (NOT), a recently launched altcoin experiencing a meteoric rise. Market analyst Michaël van de Poppe has fueled the flames with a bold prediction: a potential 2-5x surge for NOT against Bitcoin (BTC) within the next four months. Related Reading From Underdog To Market Mover Notcoin entered the scene with a bang, skyrocketing 600% in just a few weeks. Analysts attribute this initial surge to exchange listings on major platforms like Binance and OKX, which injected significant liquidity and investor interest. While…