Tag: Analyst

Crypto analyst sees XRP as a potential market driver

A crypto analyst expressed optimism about the current crypto market while also urging investors not to get carried away. In a recent video published on the Jungle Inc Crypto YouTube channel, the analyst expressed the belief that we could be at the start of a new bull run, but cautioned that there are no guarantees. This looks bullish. This is exciting this very well may be our moment, but you just don’t know that so don’t do stupid stuff like leverage to the hilt because some youtuber told you it’s…

Cardano Could See 70% Rally To $0.75, Analyst Predicts When

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An analyst has explained how Cardano may be heading towards a rally to $0.75 soon if the historical pattern is anything to refer to. Cardano Could See A Rally Of Over 70% In The Near Future As explained by analyst Ali in a post on X, ADA currently appears to be mirroring the same pattern as that between 2018 and 2020. Below is the chart shared by the analyst, which points out this similarity. Looks like ADA might be heading towards a break | Source: @ali_charts on X From the…

Crypto Analyst Explains Key Factor

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Crypto analyst Egrag has published a new short-term price prediction for XRP, indicating a possible rise should the price overcome a critical technical hurdle. Egrag’s analysis looks at the 12-hour chart of the XRP/USD trading pair, where a trend channel breakout could trigger a short-term buy signal. XRP Price Breakout Imminent? According to the crypto analyst, the price has recently been moving within a descending channel (DC). Now, XRP is at an inflection point that could have a significant impact on its price. Egrag has identified the structure as “DC…

Analyst Predicts Another Leg-Up With Price Target

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The recent Bitcoin rally has brought a number of things to the forefront and one of those is a bullish Bitcoin fractal that has not returned in two years. Crypto analyst FieryTrading was the one to point this out in a recent analysis of the leading cryptocurrency as something that could serve as evidence that the rally will continue. Bitcoin Bullish Fractal Makes A Comeback The crypto analyst pointed to a previously identified channel in the Bitcoin price that could suggest a bullish continuation. This channel often results after a…

Buy XRP, not Bitcoin, analyst suggests

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The JWK Show’s crypto analyst predicts XRP’s rise and anticipates short-term Bitcoin gains awaiting a possible ETF approval. The analyst revealed he invested personally in XRP, trading around $0.62 at the time of his video. He said he “bought even more XRP” on Dec. 3rd based on specific technical analysis signals. Based on the charts right now, we are expecting XRP to move up. We are expecting XRP to clear these highs at around the $0.71 mark. We’ll see if that plays out. JWK Show Beyond the analyst’s technical analysis,…

Crypto Analyst Predicts Dogecoin Price Pump Of Epic Proportions To $0.7, Here’s When

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A crypto analyst has shared his projections on the future trajectory of the foremost meme coin, Dogecoin (DOGE). He also hinted as to when DOGE would experience this tremendous rally that would make it rise to $0.7. When DOGE Will Hit $0.7 In a post shared on his X (formerly Twitter) platform, crypto analyst Captain Faibik stated that an “epic pump” is not far for Dogecoin. From the accompanying chart he shared, this projected rally would see the meme coin rise to $0.7. This move, which will see DOGE gain…

Crypto Analyst Anticipates 65,000% Rally Signal Today

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The XRP price has been rather stagnant in recent days. However, this could be about to change according to crypto analyst Jaydee. In a recent technical analysis, Jaydee has highlighted a potential golden cross on the 4-day chart which may be confirmed as soon as today. Crucial XRP Price Signal Today? The chart presented by Jaydee shows a potential golden cross, a bullish chart pattern that occurs when a shorter-term moving average crosses above a longer-term moving average. The last occurrence of a golden cross was followed by an impressive…

Cardano about to rise much higher: analyst

In a YouTube video posted on Dec. 5th, a crypto analyst behind the popular Crypto Capital Venture channel cautioned investors to temper their enthusiasm despite Bitcoin’s recent price rally. “Bitcoin on the daily chart here, defying gravity,” the analyst began, referencing Bitcoin’s upward price movement over the past week. However, he stressed the need to “interject caution throughout this video” for those wanting a more balanced perspective. The analyst explained that while Bitcoin’s (BTC) breakout past $38,500 was impressive, history shows pullbacks are still possible. There was a resistance at…

Analyst Says Solana At Risk Of Pullback: Here Is The Target

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An analyst has explained how Solana may be at risk of a correction based on the data of two SOL technical indicators. Solana Has Recently Observed The Formation Of Two Bearish Signals In a new post on X, analyst Ali has discussed why SOL could be at risk of seeing a retracement shortly. The analyst has referred to two technical indicators for the coin: the TD Sequential and RSI. The first of these, the Tom Demark (TD) Sequential, is a metric generally used for spotting probable reversal points in any asset’s…

Bitcoin primed for $100,000 says crypto analyst

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In a recent YouTube video, the analyst behind the NCashOfficial – Daily Crypto News channel shared his outlook on the crypto market and predicted Bitcoin could reach $100,000 ahead of its 2024 halving. While noting Bitcoin’s current price is above $40,000, the analyst said he remains bullish in the short term and believes the top cryptocurrency is mirroring price action from previous market cycles. Specifically, he pointed to analysis showing that 200 days before the last two Bitcoin halvings, its price was down 60-65% from its all-time high – similar…