Tag: Analyst

Chainlink Whales Are Buying Dips as Analyst Sees 1000% LINK Price Rally

Key Notes On-chain data shows the offloading of Chainlink from retail players, while whales buy the dips. Crypto Patel stated that LINK is holding a multi-year support zone, with a key accumulation range at $7–$10. The analyst predicts an initial upside to $31 and later to $100 for the LINK price. Chainlink LINK $12.52 24h volatility: 1.9% Market cap: $8.87 B Vol. 24h: $323.56 M has been on investors’ radar with strong whale buying. Although the LINK price is down 4% on the weekly chart amid the broader crypto market…

Is A New XRP Price Record Imminent? Analyst Forecast Colossal Short Squeeze Ahead

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

More XRP Than Cash? “You’re A Genius”, Analyst Says

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A sharp comment from a well-known XRP Ledger developer has sparked fresh debate around savings, inflation, and what smart money looks like today. Related Reading Bird, the developer behind the XRPL-based meme coin DROP, drew attention after saying that anyone holding more value in XRP than in their bank account is a “genius.” The word choice was bold, and it quickly spread across social media, pulling in both supporters and critics. Genius Or Gamble In An Inflation Era According to Bird, the label has less to do with bragging rights…

The CLARITY Act Failing To Advance Is Good for the Crypto Industry: Analyst

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Overregulation of the crypto industry would negatively impact markets and gut decentralized finance (DeFi), according to Michaël van de Poppe. The failure of the CLARITY crypto market structure bill to advance in the United States Congress is positive for crypto markets and the industry, according to market analyst Michaël van de Poppe.  Van De Poppe cited crypto exchange Coinbase withdrawing support for the bill on Wednesday and Coinbase CEO Brian Armstrong’s X post listing several concerns with the most recent version of the bill. The issues included a “de facto…

SUI Price Breakout Next? Analyst Sets $2.3 Short-Term Target

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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”…

Analyst Reveals How Far Bitcoin Price Will Crash If The Uptrend Doesn’t Continue

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A warning signal is flashing on the charts, with market analysts predicting that the Bitcoin price could collapse again soon. According to technical analysis, if BTC fails to continue its uptrend, it could repeat the bear-market crash from past cycles, potentially dragging its price down by double-digit percentages.  Bitcoin Price To Repeat 2022 Bear Market Crash? Crypto analyst Tyrex believes that Bitcoin may be approaching a critical turning point if the current uptrend fails to hold. In his latest BTC price outlook on X, he compares the current market structure…

AVAX Pushes Toward $18 As Key Resistance Looms: Analyst

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AVAX, the native token of the Avalanche protocol, is ready for a potential price breakout following another week of significant mixed price action. In line with the widespread crypto market uplift, the altcoin had initially surged as high as $14.85 before retracing below the $13.50 price. According to analyst Ali Martinez, AVAX now lies at another critical price juncture, with the next price move likely to determine its short-term trend. Here’s Why AVAX Must Clear $14.83 Resistance  In an X post on January 16, Martinez shares an insightful analysis of…

XRP To Repeat Its 2017 Playbook? Analyst Points To 1,250% Rally

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While XRP retests a crucial support area, some analysts have suggested that the altcoin is preparing for a massive expansion in the coming months, as a potential trend reversal begins to form and its 2017 formula repeats. Related Reading XRP Gears Up For Massive Expansion On Friday, XRP reached a 12-day low, falling to the $2.02 area before bouncing. Notably, the cryptocurrency has been trading within the $2.05-$2.35 area for nearly two weeks, moving between the mid and lower zones of this price range for most of this period. Amid…

PEPE Price Could Soar 3,000% If The Bottom Is In; Analyst Explains

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As meme coins posted sharp rebounds earlier this year, PEPE also rallied, delivering notable gains. Although the meme coin has since slipped back into negative territory, a crypto analyst believes another bullish reversal may be approaching soon. According to the analyst, a key technical pattern has recently emerged on the chart, suggesting that PEPE has formed a bottom and could be on its way to a massive 3,000% price rally.  PEPE Price Prepares For Massive 3,000% Rally In a post shared on X this Thursday, market analyst CryptoLinx outlined a…

Crypto analyst predicts Bitcoin rally above $99,000 despite bearish indicators

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Cryptocurrency analyst TARA has forecast that Bitcoin will rally above $99,000 despite recent bearish signals. Summary One analyst states that Bitcoin is expected to reach the target price level before experiencing a deeper retracement. Bloomberg analyst Eric Balchunas reported that Bitcoin ETFs recorded strong net inflows recently and now show robust one-week and year-to-date inflows. In a recent blog post, BitMEX co-founder Arthur Hayes predicted that the rally could be sustained as dollar liquidity rapidly increases. According to analysis published by NewsBTC, Bitcoin is expected to reach the target price…