Tag: Analyst

Crypto Analyst Says This AI Altcoin Will Hit A Fresh ATH

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The anonymous crypto analyst Rekt Capital’s observations point to a promising future for the artificial intelligence (AI) cryptocurrency project, with a focus on Fetch.ai (FET). Along with with a sizable 377,500 followers on the social media network X, the analyst offers a bullish prediction, stating that Fetch.ai is about to reach a new all-time high (ATH). Rekt Capital’s investigation shows that the machine learning platform is presently experiencing a notable upswing following a successful retesting of a critical price level. Technical Analysis Illuminates Fetch.ai Momentum The spotlight placed on Fetch.ai’s…

Analyst Says Polygon (MATIC) On Brink Of Major Move, Here’s Why

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A cryptocurrency analyst has explained that Polygon could be on the brink of a major move due to a pattern in an on-chain indicator. Polygon Whale Transactions Have Shot Up Recently In a new post on X, analyst Ali has pointed out how the whales have shown a notable surge in activity on the MATIC network recently. The relevant indicator here is the “whale transaction count,” which keeps track of the total number of Polygon transfers happening on the blockchain that exceed a value of $100,000. When the value of…

Crypto Analyst Says Ignore FUD, XRP Is Headed To $5.85

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Crypto analyst Dark Defender has also weighed in on the recent narratives revolving around the XRP tepid price action. The analyst is choosing not to listen to any of those as he is confident that the future trajectory of the XRP token is bullish.  No Need To Listen To FUD In a post on his X (formerly Twitter) platform, Dark Defender mentioned that he doesn’t listen to the FUD (Fear, uncertainty, and doubt). He also seemed to be urging the XRP community to ignore the FUD as he stated that…

Ethereum Retests Breakout Zone, Analyst Sets $3,500 Target

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An analyst has explained how Ethereum is retesting a breakout zone currently and that this might lead toward a price target of $3,500. Ethereum Is Retesting The Breakout Line Of An Ascending Triangle As pointed out by analyst Ali in a new post on X, Ethereum may be preparing for a further climb right now as it’s retesting the breakout zone of an ascending triangle. An “ascending triangle” is a pattern in technical analysis that, as its name implies, resembles a triangle. The pattern involves a horizontal line made by…

Crypto Analyst Predicts XRP 1,500% Move Against Bitcoin, What Are The Terms?

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Crypto analyst CryptoInsightUk has once again given his projections as to the future trajectory of the XRP price. This time, the analyst predicts that the crypto token could enjoy unprecedented against the flagship cryptocurrency, Bitcoin. However, there is a caveat for this to materialize.  How XRP Could Gain 1500% Against Bitcoin In a post shared on his X (formerly Twitter) platform, CryptoInsightUk said that XRP could see a move up to 1500% against Bitcoin. This, he stated, will happen if the crypto token could break and hold above the top…

Analyst claims Bitcoin is about to dump, rally is over

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This analyst believes the recent Bitcoin pullback signals the end of the current bull run, but not the entire multi-year bull market cycle. In his YouTube video posted on Dec. 18, the analyst behind the popular Crypto Banter channel provided his perspective that the recent pullback in Bitcoin (BTC) prices signals the likely end of the current cycle in the ongoing bull market, rather than the end of the bull market altogether. The analyst pointed to high leverage rates across crypto assets, excessive speculation in memecoins, and overcrowding of certain…

Bitcoin Bull Run In Jeopardy? Analyst Finds Market Top Signals With BTC At $40,000

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Bitcoin is walking back on some of its gains over the past few days. The number one cryptocurrency by market cap might be on the verge of a more significant retracement, which could push it back to the $30,000 zone. As of this writing, Bitcoin (BTC) trades at $40,950 with a 2% loss in the past 24 hours. On the weekly chart, the cryptocurrency records a 3% loss, with all tokens in the top 10 by market recording a similar performance, except for Avalanche (AVAX). BTC’s price is losing bullish…

Crypto analyst stays bullish on XRP despite downturn

This crypto analyst expressed frustration over XRP’s price action but remains cautiously bullish on its prospects. A prominent crypto analyst who goes by the name CoinsKid shared his latest views on XRP and the wider crypto market in a YouTube video posted on Dec. 18. While expressing frustrations over XRP’s recent price action, CoinsKid said he remains “cautiously bullish” on the token’s prospects. XRP is really frustrating. We’ve been writing so many beautiful opportunities up. So many coins, we’ve been posting so many setups in the Discord the last few…

XRP Gets Rejected Down: Analyst Predicts Bottom Target

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An analyst has revealed the level of XRP might observe a pullback following the latest rejection in the cryptocurrency’s price. XRP Has Seen Rejection At Mid-line Of An Ascending Parallel Channel As explained by analyst Ali in a new post on X, XRP has appeared to have been moving inside an Ascending Parallel Channel recently. An “Ascending Parallel Channel” refers to a pattern in technical analysis that’s used for identifying uptrends and potential reversal points for any asset’s price. As the name already suggests, the pattern involves two parallel lines…

Spot Bitcoin ETF will be ‘bloodbath’ for crypto exchanges, analyst says

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While the crypto community eagerly awaits the possible approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States, some analysts are warning this could potentially trigger unwanted consequences for cryptocurrency exchanges. Several industry observers have predicted that a spot BTC ETF could start trading in early 2024, in an event that, when paired with Bitcoin’s upcoming block reward halving expected in April, Blockstream CEO Adam Back believes could propel BTC to $100,000. Bitcoin proponents such as Jan3 CEO Samson Mow have said that approval of a spot Bitcoin…