Tag: Analyst

Latest Bitcoin Top Is Different From 2021 Peak, Analyst Explains Why

boss

An analyst has explained why the recent high in Bitcoin has experienced different market conditions than those observed during the 2021 bull run peak. Bitcoin Liquidations Have Been Short-Dominated In Recent Market High In a new post on X, on-chain analyst Checkmate pointed out how the latest 2024 high achieved following the spot exchange-traded fund (ETF) inflows has a major difference when compared to the 2021 peak. Related Reading The difference lies in the trend registered on derivatives markets. Below is the chart shared by the analyst that shows the…

Bitcoin Could Crash Below $55,000, Top Analyst Sounds The Alarm

boss

Bitcoin, the leading cryptocurrency, has recently been scrutinized by several analysts and traders as it struggles to maintain its market position. Michaël van de Poppe, a recognized figure in the crypto analysis sector, has recently expressed his concerns regarding Bitcoin’s current price trajectory. Bitcoin Risks Dropping to $52,000, Why? Taking to Elon Musk’s social media platform X, Van de Poppe pointed out that Bitcoin is at the lower end of its current range, a crucial area for maintaining upward momentum. Related Reading Van de Poppe warned that if Bitcoin fails…

Crypto Analyst Says Ethereum Price Will Drop To $2,500, Here’s Why

boss

The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that the second-largest cryptocurrency by market cap will fall further from here. Ethereum Poised To Crash Further A crypto analyst known as Shin Forex took to the TradingView website to share an interesting analysis of the Ethereum price. The analysis, which focused on the…

Top analyst eyes new crypto, hinting a possible end to Binance Coin and Dogecoin reign

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Binance token and Dogecoin dominance could come to an end amid recent price uncertainty. Investors are looking for promising alternatives such as Rollblock Trending crypto coins like Binance (BNB) and Dogecoin (DOGE) have enjoyed their reigns in their respective niches, with both still maintaining a solid position among the top 10 ranked crypto coins by market cap. However, following a month-long of uncertainty, both cryptocurrencies have struggled to keep…

Analyst Narrows Down Timeline For Bitcoin Peak This Bull Cycle

boss

Rekt Capital a popular cryptocurrency expert has set aside the potential timeline that Bitcoin, the largest crypto asset is expected to peak in the ongoing bull cycle, citing historical price trends. Rekt Capital’s analysis examines the current price action of Bitcoin and how it aligns with previous bull cycle peaks following the Bitcoin Halving event. Bitcoin Peak On The Horizon Today, May 9, BTC’s price witnessed a drop below the $61,000 price level, demonstrating a potential move on the downside. However, Rekt Capital is unshaken by this move as he…

Analyst Predicts 5,600% Rally To $25

boss

Cardano is currently in a downtrend, continuing to show bearish tendencies as its price trends below $0.5. However, where many have seen an altcoin that does not have many prospects, crypto analyst FieryTrading believes that the digital asset is giving investors an opportunity to get in for cheap. Cardano Can Break Out Of Parallel Channel In an analysis on the TradingView website, crypto analyst FieryTrading alludes to Cardano’s ability to break out and go on a massive bull run. The analysis draws from a previous analysis where the analyst had…

Here’s Why This Analyst Is Predicting A Rise To $360

boss

Recently, a popular crypto trader and YouTuber has predicted a substantial surge in Solana price, forecasting it could reach as high as $360 soon. This prediction is underpinned by a technical pattern on Solana’s chart—a bullish signal suggesting a potential reversal from bearish to bullish momentum. Technical Insights Into SOL Potential $360 Rise According to the trader, CryptoJack on X,  SOL has developed a “rounding bottom pattern” over an extended period, indicating it is on the brink of a significant breakout. Notably, the ’rounding bottom’ pattern, characterized by a gradual…

Crypto Analyst Predicts 350% Surge For Shiba Inu

boss

Crypto analyst Crypto Dona has predicted a 350% price surge for Shiba Inu (SHIB). He suggested that the meme coin will unlikely go higher than that in this bull run.  Shiba Inu To Rise To $0.00011 Crypto Dona revealed in an X (formerly Twitter) post that his price target for Shiba Inu is $0.00011 and that he doesn’t see the meme coin going higher. A rise to that level represents a 350% price surge for the meme coin, which will undoubtedly appeal to Shiba Inu investors. Related Reading: Here’s How…

Analyst Eyes $1.68 Breakout For XRP After Years In The Shadows

boss

The price of XRP, the native token of Ripple, has been on a rollercoaster ride in recent years. After reaching a peak of nearly $2 in April 2021, it has been in a downward motion, leaving investors wondering if a comeback is on the horizon. However, a recent analysis by market analyst Jonathan Carter suggests that XRP might be on the verge of a significant breakout. XRP Stuck In Symmetrical Triangle Carter’s prediction hinges on a technical chart pattern known as a symmetrical triangle. This pattern typically forms during periods…