LuckSide, a crypto analyst, has weighed in on the price action of Cardano (ADA), giving an analysis of the near-term price performance of the crypto asset. Cardano (ADA) Poised For Bullish Or Bearish Trajectory The crypto analyst recently shared his predictions for Cardano (ADA) with the crypto community during one of his YouTube videos. In the YouTube video – “CARDANO ADA – MOMENT OF TRUTH!,” LuckSide asserted that ADA is at a critical crossroads. The analyst revealed a technical projection that indicates ADA is about to undergo a major price…
Tag: Analyst
10x Analyst Warns MicroStrategy Stock Is Overvalued by 26%
The new 10x’s research extends beyond MicroStrategy, highlighting that several crypto-related stocks are trading close to fair value based on BTC price. In a recent report released by 10x Research, the company has raised concerns about the overvaluation of MicroStrategy Inc (NASDAQ: MSTR) shares. The research was led by Markus Thielen, the analyst who accurately predicted this year’s Bitcoin (BTC) rally. According to him, despite MSTR’s impressive 343% surge this year, the business intelligence company is currently overvalued by 26%. This prediction was based on the 10x Research regression model,…
Stock of Bitcoin's Biggest Public Holder is Overvalued by 26%, Analyst Who Predicted BTC Rally Says
Early investors in MSTR can consider taking profit as shares appear overvalued and could fall by 20%, according to 10x Research. Source
Analyst Predicts Major Surge Sparked By This Catalyst
As the crypto industry marches into 2024, Ethereum draws significant attention from analysts and investors alike. Amidst the swirling currents of the crypto market, Ethereum stands at the cusp of what some analysts are predicting to be a ‘transformative period.’ This anticipation stems from two crucial developments: an impending network upgrade and the potential approval of Ethereum-based spot ETFs, according to renowned analyst CryptosRUs. Catalysts For Growth: Upgrades And Spot ETF Approval The Ethereum network is gearing up for its next major upgrade, slated for January 2024. This upgrade, known…
Bitcoin whales in a ‘buying frenzy’ ahead of catalyst: analyst
A crypto analyst believes several major catalysts could fuel further Bitcoin price increases. In a Dec. 27 YouTube video, the analyst behind the popular CryptosRUs channel said he believes Bitcoin (BTC) is seeing renewed buyer demand ahead of multiple potentially market-moving events in the coming weeks and months. There are three metrics that say a fresh move is imminent. […] We know a move is imminent because we’re less than two weeks away from spot Bitcoin ETF approval. I mean you don’t need metrics. You don’t need charts to tell…
Crypto Analyst Predicts XRP Price Will Explode 58,000% To $352
A crypto analyst has put together a bold prediction as to the future trajectory of the XRP price. Based on his prediction, the XRP community could see the crypto token’s price enter three digits soon enough. XRP Price To Rise To $352 In a video posted on YouTube, the crypto analyst behind the JWK Show channel concluded that XRP’s price could potentially rise to as high as $352. He made this conclusion after using an XRP calculator. This calculator was invented based on a valuation model developed by Susan Athey,…
Crypto Analyst Predicts Bitcoin To Reach $130,000, Here’s When
Amid the recent Bitcoin (BTC) price rally, cryptocurrency analyst CryptoCon has shed his optimism about the price action of the crypto asset while highlighting a bold prediction. Bitcoin To Experience Pullback Beforehand On Tuesday, December 26, CryptoCon took to X (formerly Twitter) to share his latest projections on Bitcoin. According to the analyst, the price of BTC will reach the $130,000 mark, but it might undergo a correction beforehand. In the X post, CryptoCon reiterated his opinion that, many weeks ago, Bitcoin peaked at roughly $45,000. He further highlighted that…
Polygon Breaks Out Of Symmetrical Triangle, Analyst Puts This Target
An analyst has explained how Polygon is starting to break out of a symmetrical triangle pattern. If the breakout is confirmed, a rally to this level could be coming. Polygon Weekly Price Is On The Verge Of Breaking Out Of A Symmetrical Triangle In a new post on X, analyst Ali talked about a pattern that has been forming in the weekly price of MATIC. The pattern in question is called the “symmetrical triangle.” As its name suggests, this technical pattern looks like a triangle. There are two main trendlines…
Fantom (FTM) To Rocket Up To $1.60 If This Happens: Analyst
Fantom appears to be forming a double bottom pattern currently, a confirmation of which could lead to a break towards $1.60 according to an analyst. Fantom Might Be Forming A “W” Pattern In Its Weekly Chart As explained by analyst Ali in a new post on X, FTM’s weekly price chart has appeared to have been forming a “W” pattern recently. A W or double bottom refers to a pattern in technical analysis that ends with a bullish resurgence for the asset. The pattern forms when the price forms two…
Solana price prediction: analyst shares his forecast
The analyst says Solana is stuck between support at $110 and resistance at $120 as it trades in a rangebound state. In his latest YouTube video on Dec. 26, the analyst behind the popular Cilinix Crypto channel shared his thoughts on recent price action in the Solana (SOL) market. He believes the altcoin remains fundamentally strong, but traders should remain patient amid questionable year-end trading conditions. Speaking to his viewers, the analyst said Solana is currently rangebound between support at $110 and resistance around $120. Yesterday, Solana briefly broke above…