Tag: Analyst

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…

Analyst Targets $1000 Breakout As It Hits New Yearly High

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Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange, has experienced a notable surge of 7% within the past 24 hours.  This upward movement reflects the overall positive trend in the market and places BNB ahead of the top five cryptocurrencies in terms of performance. Interestingly, an important milestone has been achieved as BNB surpassed its previous yearly high of $645 from March, as the token reached a high of $673 as of Tuesday. BNB Primed For Bullish Surge To $1,000?  Renowned market expert “Sheldon The Sniper” believes…

Crypto Analyst Forecasts A 4,000% XRP Price Run To $30, Here’s When

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Despite the unimpressive XRP price action, this crypto analyst has predicted that the crypto token could witness a God candle that will send its price to unprecedented heights. The analyst also suggested when this parabolic move will happen.  XRP Price To Rise To $30 Soon Enough Crypto analyst DustyBC shared a chart on his X (formerly Twitter) platform in which he predicts that XRP will experience a God candle that will send its price to 30, representing about a 4,000% price gain for the crypto token. Interestingly, the crypto token…

Ethereum (ETH) Set For ‘Glorious Year,’ Analyst Eyes $10K Target

Ethereum (ETH) saw a significant upswing at the end of May due to the rumors of a spot ETH ETF (Exchange-Traded Funds) approval in the US. This bullish momentum propelled the token’s price from the $3,000 price range to the $3,900 mark. Related Reading After the approval, the second-largest cryptocurrency has shown a strong performance, consolidating between the $3,700 and $3,800 levels. Some crypto analysts believe ETH is preparing for a crucial test and eye bullish targets above the $10,000 price range soon. ETH’s “Glorious Year” Depends On This Level…