Tag: Analyst

Analyst Predicts 1600% Rally To $6.5

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Crypto analyst Ali Martinez has noted Cardano (ADA) is open to an unprecedented rally. Price activity suggests that Cardano is moving into a state of consolidation, which coincides with a moderate decline in the general cryptocurrency market.  Nevertheless, the analyst is of the opinion that Cardano’s current consolidation is similar to one it had prior to a 2980% increase. If previous events are any indicator, we could see Cardano mirror this move and spike past its all-time high.  Recent Cardano Price Action Cardano is still up by 48.47% in a…

XRP Price Now Enters The DCA Buy Zone: Crypto Analyst

The XRP price has entered what is regarded as the Dollar Cost Averaging (DCA) ranging zone, according to crypto analyst Egrag. While the digital asset’s price oscillates within a critical zone, the analyst maintains a bullish stance on its future trajectory. XRP Price Enters DCA Zone Egrag stated via a post on X, “XRP Color Code (Update): My Stance Forged in the Fires of Conviction: Let me say it 1 million times that I’m still bullish AF, so ease up on the DMs assuming I’ve switched my stance. Remember, markets…

Analyst says XRP may see huge boost in coming days

A popular crypto YouTube personality known as The Bearable Bull predicts major changes are coming for XRP and the broader crypto market around Nov. 19. In a video posted on Nov. 16, the influencer pointed to an important date on the horizon that could trigger a bull run for XRP and other altcoins. He cited the SWIFT global payments network’s plans to fully launch its new ISO 20022 standard on Nov. 19. ISO 20022 is a new messaging standard that allows more data to be included in financial transactions. It…

Analyst shares recommendations to invest in crypto on a budget

With cryptocurrency prices down significantly from their all-time highs, many are wondering if now is a good time to invest in crypto on a budget. According to popular YouTube crypto analyst Guy from Coin Bureau, the answer is yes. In a recent video, Guy outlines several tips for investing in crypto even if you only have a few dollars to spare. He started by warning viewers to watch out for fees charged by cryptocurrency exchanges, which can eat away at your capital when making small investments. When selecting which cryptocurrencies…

Analyst Forecast 2X By Mid-December

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Popular cryptocurrency market analyst Captain Faibik has recently shed more light on his predictions toward the price of Shiba Inu (SHIB) and revealed where the cryptocurrency ought to be by mid-December.  Crypto Analyst Optimism On Shiba Inu The crypto analyst took to his official X (formerly Twitter) handle to share his projections on the price movement of Shiba Inu. According to the analyst’s post and token chart, SHIB has crossed a trendline near the $0.00000839 price level. Due to this data, the analyst believes the crypto asset is going through…

Cardano Price Poised To Rally 650% By July 2024: Crypto Analyst

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According to crypto analyst Ali Martinez, Cardano (ADA) is exhibiting a price consolidation pattern that is highly bullish. Drawing parallels to the consolidation phase of 2018-2020, Martinez points out that ADA’s current trend is a mirror image, albeit without the disastrous COVID-19 crash. “Cardano’s current consolidation trend eerily mirrors the 2018-2020 phase without the COVID-19 crash! If so, ADA could break through the $0.45 resistance around the first week of December. The upswing could send ADA to $0.75 by late December,” Martinez shared in a recent post on X. The…

As Bitcoin Nears $38K, Analyst Says ‘The Good Times Are Here’

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Bitcoin proponents have reason to be merry as the alpha coin has gracefully ascended to a promising valuation of nearly $38,000 as of late Wednesday, reclaiming its throne with the highest value seen in the last 12 months. Bitcoin bounced back strongly from its battering the day before, reaching within striking distance of a new 18-month high just shy of the vaunted price target. A drop in federal interest rates, the expectation that Sam Bankman-Fried’s apology for his actions at FTX is a fresh start for the distressed sector, and…

Grayscale ETH futures ETF a ‘trojan horse’ for spot Ethereum ETF: Analyst

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Grayscale Investments is using its Ether (ETH) futures exchange-traded fund (ETF) application as a “trojan horse” to corner the United States Securities and Exchange Commission into approving its spot Ether ETF, says Bloomberg ETF analyst James Seyffart. Seyffart said in a Nov. 15 X (Twitter) post following the SEC delaying Grayscale’s ETH futures ETF bid that he believes if the SEC approves Grayscale’s application, then it would enable Grayscale to argue for the approval of its spot Ether ETF application. If the SEC denies Grayscale’s bid, the asset manager could…

Analyst Explains Why The King Of The Altcoins Is Destined For $10,000

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Crypto analyst Tony The Bull, founder of CoinChartist, has revealed why Ethereum is destined to cross $10,000. According to the crypto analyst, the king of the altcoins has its top just right after $10,000 using the Fibonacci extension. How Ethereum Gets To $10,000 In the latest issue of the CoinChartist newsletter, crypto analyst Tony The Bull used the Hurst Cycle Theory which showed cyclical reoccurrence across the ETH/USDT chart. As the analyst explains, the uptrend noticed in the Ethereum charts has usually come from the accumulation of the token. Tony…