Tag: Analyst

Flood of Ethereum Futures Exchange-Traded Funds Could Launch on Monday, According to Bloomberg ETF Analyst

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A Bloomberg exchange-traded fund (ETF) analyst says that the market could be inundated by Ethereum (ETH) futures ETFs starting on October 2nd. In a new thread on the social media platform X, Bloomberg ETF analyst James Seyffart notes that nine different ETH-based futures ETFs are set to potentially launch on Monday, adding that it will be a “crazy day.” The financial firms on Seyffart’s list that are gearing up to issue Ethereum futures ETFs include VanEck, Bitwise, Proshares, Vol Shares, Hashdex and Valkyrie. Source: James Seyffart/X The analyst goes on…

Crypto Analyst Reveals Which Meme Coin Will Topple DOGE

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Popular crypto YouTuber Jake Gagain recently voiced his opinions on when the bull market would start and how several meme coins are poised to dominate the market when that happens. Specifically, he seemed most bullish on Shiba Inu (SHIB), asserting that SHIB would topple the biggest meme coin by market cap, Dogecoin (DOGE). The #BullRun Has Officially Begun. — JAKE (@JakeGagain) September 27, 2023 DOGE Has Elon, SHIB Has? In response to Gagain’s tweet, another X user laughed at the possibility of this happening and stated that DOGE had Elon…

Analyst Predicts 130% Rally To $18

The LINK price is no stranger to bullish rallies, and in September alone, the token has gone from a low of $5.8 to a peak of $7.9. Even now, bullish momentum among enthusiasts has not waned, especially with a 130% price increase prediction from a crypto analyst. LINK Price Prediction Ahead Of October In the analysis posted to TradingView, pseudonymous analyst Babenski explains the reasoning behind the $18 surge presented in their chart. First, it points to the $5.8 low that was recorded back in mid-September which is identified as…

Could A New All-Time High Be On The Horizon? Analyst Predicts

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Crypto Rover, a seasoned cryptocurrency trader and analyst, has recently shared insights suggesting that Bitcoin’s current trajectory may change. Based on the latest technical analysis, Bitcoin might soon paint a brighter, bullish picture. Bitcoin Break From The Bearish Shackles In his recent analysis, Crypto Rover explained Bitcoin’s price action shift. It’s been noted that the leading crypto is making headway in breaking a longstanding negative trend that has persisted for 77 days. This shift marks a monumental moment for Bitcoin, which had been entrapped in bearish confines for a considerable duration.…

Bonds Out, Bitcoin In? Bloomberg Analyst Predicts Major Shift

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In a comprehensive evaluation of global market dynamics, Bloomberg Intelligence analyst and Chartered Market Technician (CMT) Jamie Coutts has opined on the shifting sands of financial asset volatility. With bonds potentially falling out of favor and Bitcoin cementing its place as a debasement hedge, traditional portfolio models may be on the verge of a renaissance. Major Portfolio Shift Towards Bitcoin? Coutts tweeted, “It looks like we are about to see a substantial uptick in volatility across all markets, given where yields, USD, & global M2 are heading. Despite what lies…

Analyst Presents 4 Charts That Prove Crypto Is Not Dead

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As the crypto market faces constant volatility challenges and regulatory pressures, major cryptocurrencies have experienced significant declines and slowed growth over the years. However, a new chart report has revealed that despite these downward trends, the crypto industry is still achieving new milestones in terms of adoption.  Chart Reveals Crypto Adoption On The Rise The broader crypto market has been recovering at a snail’s pace since the crypto crash in 2021. Cryptocurrencies were at their peak during this time, and Bitcoin had the highest growth rate, reaching a price of…

Crypto Analyst Predicts 1160% Surge

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In a follow-up to his previous intricate analysis, renowned crypto analyst EGRAG CRYPTO has unveiled another riveting forecast for the XRP price trajectory. Drawing insights from his recent observations, Egrag points to a potential mammoth rise in XRP’s value, suggesting an impressive increase of 1,160%. This surge, he predicts, could elevate the digital asset’s price to an estimated $6.7, with possible fluctuations placing it within a range of $6.5 to $7. Here’s Why A 1,160% Move For XRP Seems Possible The genesis of this bold prediction lies in Egrag’s methodical…

Ethereum futures ETFs could start trading next week — Bloomberg analyst

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Ethereum futures exchange-traded funds (ETFs) could start trading for the first time in the United States as early as next week, according to Bloomberg analysts. On Sept. 28, Bloomberg Intelligence analyst James Seyffart said it was “looking like the SEC is gonna let a bunch of Ethereum futures ETFs go next week potentially.” His comments were in response to fellow ETF analyst Eric Balchunas who said he was hearing that the SEC wanted to “accelerate the launch of Ether futures ETFs.” “They want it off their plate before the shutdown,”…

Crypto Analyst Predicts Huge Double-Digit Breakout For Bitcoin Price

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The Bitcoin price has been trading sideways for a while now but this will not always be the case. While there is a chance that the price could end up swinging downward and crashing, a crypto analyst has predicted that a surge in the cryptocurrency’s price is on the horizon. Bitcoin Price Breakout Is Coming A crypto analyst who has grown to prominence on the TradingView site has put forward a bullish prediction for the Bitcoin price. The analyst who goes by the pseudonym Tolberti mapped out a yellow trend…

4-Month Chart Dynamics Decoded By Crypto Analyst

In a recent tweet, renowned crypto analyst, EGRAG CRYPTO, unveiled an intricate 4-month XRP price analysis which presented various crucial insights and predictions. This was encapsulated in his words: “XRP Steel Foundation & Eye-Opening Insights: Behold the chart below, crafted from 4-month candles, revealing that higher time frames are less susceptible to deceptive signals.” The Steel Foundation Of XRP Egrag’s analysis draws attention to two major price zones, zone A and zone B, each with its own ultra-strong support zone which he metaphorically describes as the “steel foundation”. For zone…