Tag: Analyst

Bitcoin (BTC)’s Price Faces Threat As Analyst Foresees $54.73 Million Liquidation

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According to data from CoinMarketCap, Bitcoin (BTC) has maintained its upward price trajectory over the last day, gaining by 4.04% to briefly trade above the $48,000 mark. As BTC now hovers around the $47,100 price zone, investors and market experts remain highly speculative about the token’s next action. On that note, popular analyst Ali Martinez has called a major prediction that could spell weighty losses for many investors.  Liquidity Hunters Target $45,810 In Potential Bitcoin Price Manipulation Plot  In an X post on Friday, Martinez predicted an incoming dip in…

Crypto Analyst Predicts Bitcoin To $100,000 But Says Cardano Is Dead, Here’s Why

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Tom Dunleavy, Partner and Chief Investment Officer (CIO) at MV Capital, recently elaborated on the reason for his price predictions for Bitcoin and Cardano. As part of his predictions, the crypto analyst had, at the beginning of the year, stated that Bitcoin was going to hit $100,000 soon enough.  Why Bitcoin Will Rise To $100,000 In an interview with Scott Melker, Dunleavy alluded to the Bitcoin Halving as the reason why he believes Bitcoin will hit $100,000. Interestingly, he stated that this prediction was a “bit light” if the past…

Analyst Reveals Potential Trigger For A 32% Cardano (ADA) Rally

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An analyst has explained that based on a pattern forming in the Cardano price, a 32% rally could take place, if a close above this level can happen. Cardano Has Been Forming A Descending Triangle Pattern Recently In a new post on X, analyst Ali has talked about a Descending Triangle forming in the daily price of Cardano. The “Descending Triangle” refers to a pattern in technical analysis (TA) that, as its name suggests, looks like a triangle with a downward slope. The pattern is made up of two lines,…

Analyst Predicts Bitcoin Rally To $45,000 Before Pullback

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Bitcoin (BTC) has started riding the recent bull market wave and rising with fresh gains after weeks of sluggish momentum, with crypto analysts predicting more potential gains for the leading cryptocurrency asset in the coming days. Bitcoin To See A Correction After Surging To $45,000 A cryptocurrency expert from Cheeky Crypto has made a daring forecast for Bitcoin. The analyst revealed his recent projections during one of Cheeky Crypto’s latest episodes on YouTube. His predictions came in light of the price of Bitcoin closing Wednesday on a positive note, leading…

Analyst Predicts 400X With Historical Trend

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XRP is one of the most affected crypto assets amid the general bearish sentiment within the market, as the token has been on a downtrend for a while now, struggling between the $0.49 and $0.50 price marks. XRP Could Be Poised For A Massive Surge To $10 Even though the digital asset is now in a bearish phase, a substantial price rally might be in store for the coin. Several crypto analysts have been bullish on the token, predicting significant upward movement that could take XRP to a new all-time…

Analyst Identifies Key Factors That Will Drive VET To New ATH

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Crypto analyst and YouTuber, Crypto ZX has released an update on VeChain (VET) price movements, predicting a surge to new all-time highs if the cryptocurrency succeeds in breaking certain resistance levels.  Catalysts Behind VET’s Projected Price Surge In a YouTube video released on Monday, Crypto ZX explored VeChain’s historical and recent price actions, emphasizing a potential for an upward trajectory as market down trends subside. The analyst delved into VeChain’s recent performance in relation to Bitcoin, offering insights into key resistance levels and projecting a major surge during the anticipated…

XRP Buy Signal Goes Off, Analyst Says This Is How Long Uptrend Will Last

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An analyst has recently explained how a buy signal has formed for XRP on its weekly chart, which could lead to an uptrend lasting for this long. XRP Has Observed A TD Sequential Buy Signal Recently In a new post on X, analyst Ali discussed a buy signal forming in the weekly price of XRP. The relevant indicator is the “Tom Demark (TD) Sequential,” a technical analysis tool for pinpointing probable reversal points for any asset’s price. This indicator is made up of two phases. The first phase is called…

About $1,220,000,000 in Ethereum (ETH) Has Exited Known Crypto Exchange Wallets in Just Three Weeks: Analyst

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Cryptocurrency analyst and trader Ali Martinez says hundreds of thousands of Ethereum (ETH) are leaving crypto exchanges as holders accumulate the native asset of the leading smart contract protocol. Martinez tells his 43,400 followers on the social media platform X that Ethereum potentially is facing a decline in selling pressure after the crypto asset recorded significant outflows from exchanges in less than a month. “In the past three weeks, nearly 510,000 ETH have been withdrawn from known crypto exchange wallets, totaling a value of approximately $1.22 billion! This significant outflow…

Crypto Analyst Highlights Why XRP Price Is Ready For Takeoff

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In a technical analysis, crypto analyst Dark Defender has provided a bullish perspective on the XRP price action, indicating that the cryptocurrency is on the cusp of a potential breakout. The analysis presented is based on a daily chart that encapsulates several advanced technical indicators and theories. Why A XRP Price Breakout Is Imminent The core of Dark Defender’s analysis is the completion of a five-wave corrective structure, as posited by Elliott Wave Theory. This theory suggests that markets move in repetitive cycles, with the five-wave pattern indicating a correction…

Analyst Predicts $60,000 Surge Before Halving And New ATH By Q4

Kevin Svenson, a prominent crypto analyst, has recently shared his 2024 price forecast for Bitcoin, providing a nuanced view of the expected trends in the coming months. Svenson’s analysis, which breaks down the year into distinct phases, offers a glimpse into the possible highs and lows that Bitcoin might experience. His predictions paint a picture of a year marked by significant volatility, a characteristic trait of the crypto market. Analyst Projected Bitcoin Phases In 2024 Svenson’s forecast is split into four key phases: a rally leading up to the BTC…