“Normally rising wedges resolve bearish,” crypto analyst and trader Josh Olszewicz told CoinDesk. Source
Beware of Bitcoin's 'Rising Wedge,' Chart Analyst Says
Tag: Analyst
Bitcoin (BTC) Price Could Drop 20% After Massive Rally But Uptrend Will Resume, Analyst Says
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Crypto Analyst Sets New $5,000 Target
Ethereum is currently looking to gain a strong footing above the $4,000 price level as bullish momentum continues to dominate. According to crypto analyst Ali Martinez, this bullish momentum could continue and Ethereum could as well reach $5,000 very soon. Ali Martinez made this known while citing data from IntoTheBlock, noting that the second biggest cryptocurrency still has room to run to $5,000, albeit a small resistance around $4,522 to $4,646. Ethereum Path To $5,000 Looks Increasingly Clear As Resistance Dwindles Ethereum’s momentum has been building for weeks amidst a…
Analyst Predicts Bitcoin Will Hit $150,000 by 2025 as Green Bitcoin is Backed to Explode
Bullish predictions are sweeping the crypto market as analysts anticipate another massive upswing for Bitcoin (BTC) soon. Wall Street giant AllianceBernstein recently projected that BTC could skyrocket to $150,000 per coin by 2025. Meanwhile, the eco-friendly Green Bitcoin (GBTC) presale project is also generating buzz, with traders forecasting substantial gains once listed on exchanges. Wall […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Analyst Predicts 60% Rally In Next 7 Days
Optimism surrounds Cardano (ADA) despite some recent hiccups. ADA stands resilient, maintaining a positive outlook despite a 5% decrease over the past week. Currently priced at $0.75, ADA demonstrates a robust stance with a 24-hour trading volume of $1.14 billion and a market capitalization of $24 billion. Analyst Points To Promising Weekly Chart Trends Renowned crypto analyst Sssebi is charting an optimistic course for ADA, emphasizing the significance of the weekly chart in understanding the broader context. Nestled above its 200-week moving average, ADA shows promise with significant green candles…
Analyst Predicts Bitcoin Super Cycle, Sets Price Target At $80,000
Bitcoin, the world’s largest cryptocurrency asset, has finally entered a new price threshold, surpassing its previous all-time high (ATH) of $69,000, accomplished nearly three ago. Following the latest milestone, crypto enthusiasts and experts are very bullish on the digital asset, predicting further upward movement to unprecedented heights in the upcoming months. Bitcoin Super Cycle Area Set At $80,0000 Cryptocurrency analyst Doctor Profit has shared a positive forecast for BTC with the crypto community on the social media platform X. His analysis, tagged “Big Sunday Report,” delves into the next step…
Cardano Sparks Optimism As Analyst Predicts A Bullish Rally To $3
Breaking through resistance levels, Cardano (ADA) has exhibited remarkable resilience in its recent price surge. Over the past month, the altcoin has demonstrated an impressive 40% increase, indicative of growing investor confidence. This positive trajectory is further highlighted by a steady 2% gain in the past week, emphasizing Cardano’s potential for sustained growth. Bullish Momentum Signals: Analyst Projects ADA To Reach $3 Crypto enthusiasts are turning their attention to Cardano as it approaches a crucial resistance level. Notably, Sssebi, a prominent crypto analyst, is optimistic about ADA’s future trajectory. Drawing…
Crypto Analyst Predicts Bitcoin Could Surpass $330,000, Breaking Historical Growth Patterns
In an analysis posted on Tradingview, cryptocurrency analyst Tradingshot presents a view where bitcoin might cross the $330,000 threshold. Utilizing a blend of historical pattern disruptions and the Theory of Diminishing Returns (TODR), the market analyst posits that the upcoming cycle may break from the traditional pattern of lesser yields. Bitcoin’s Journey Towards a Possible […] Original
Crypto Analyst Says Bitcoin Is Heavily Undervalued Despite ATH, What’s The Fair Value?
Despite Bitcoin recently hitting a new all-time high (ATH) of over $70,000, crypto analyst Michaël van de Poppe believes that there is still more room for significant moves to the upside. Interestingly, he also expects that this bull cycle will be one like no other. Bitcoin Still Heavily Undervalued Michaël van de Poppe mentioned in an X (formerly Twitter) post that Bitcoin was still “heavily undervalued” despite hitting a new ATH. He added that the value is “way higher” and noted how the flagship crypto can help hedge against inflation…
Crypto Analyst Says XRP Price Could Rocket 2,300% To $14.6, Here’s How
The XRP price has now managed to position itself above the $0.6 psychological level, as the entire crypto market waddles in bullish action in the past month. Popular crypto analyst Dark Defender has predicted an interesting price point for XRP, revealing that the crypto could reach $14.61 if the XRP/BTC pair reaches a record high. XRP Could Skyrocket 2,300% Dark Defender’s recent analysis of XRP’s price trajectory is based on its past performance against Bitcoin on the XRP/BTC pair. A deep dive into the XRP/BTC chart shared on X by…