Tag: Analyst

XRP Flashes TD Sequential Buy Signal, Analyst Eyes Rebound

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A crypto analyst has highlighted how the Tom Demark (TD) Sequential has flashed a buy signal for XRP recently, a potential sign that a short-term rebound may be coming. TD Sequential Has Formed A Bullish Setup For XRP In a new post on X, analyst Ali Martinez has talked about a TD Sequential signal that has appeared on the 4-hour price of XRP. The TD Sequential here refers to an indicator from technical analysis (TA) that’s generally used for spotting trend reversals in the asset’s price. It involve two phases,…

Bitcoin Sends An Unusual Signal After Miner Inflows Top 20,000 BTC – Analyst Explains The Setup

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Bitcoin is struggling to reclaim higher levels as the price tests the $76,000 level and the market searches for the structural support needed to prevent the correction from extending further. The backdrop is challenging — but a CryptoQuant report has identified a specific event in the miner flow data that adds an important layer of context to the current price action, and the most significant detail is not the event itself but what happened immediately after it. Related Reading On May 18, miners sent approximately 21,000 BTC to Binance in…

Analyst Eyes ‘Imminent Breakout’ From Falling Wedge

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As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Related Reading Dogecoin Historical Setup Targets Massive Expansion On Wednesday, Dogecoin continued its sideways trajectory between the $0.100-$0.105 local range. The cryptocurrency has been trading within this area for the past four days, after recovering from its one-month low of $0.097 recorded on Saturday. Amid this performance, market observer Trader Tardigrade shared a bullish outlook for the cryptocurrency, analyzing…

Analyst Explains What’s Holding ETH Price

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Ethereum has lost the $2,100 level as selling pressure overwhelms a recovery that has been struggling to find structural support since the mid-May highs. The decline is uncomfortable — but a CryptoOnchain analysis has identified a contradiction in the network data that makes the current price weakness considerably more complex than a straightforward bearish reading suggests. Related Reading The contradiction sits between two data points that should not be moving in the same direction simultaneously. The ETH 2.0 Staking Rate has reached a new all-time high of 32.18% — the…

Ethereum (ETH) Next Rally Could Start With These Two Triggers, Top Analyst Says

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Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Analyst Predicts Bitcoin Price Crash To $52,000 After H&S Formation

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The Bitcoin price is under renewed pressure as a crypto analyst warns the market could be heading for a sharp correction toward $52,000. According to the analyst, a Head and Shoulders formation has appeared on the chart, a technical pattern often associated with potential trend reversals and downside momentum. The setup suggests that if bearish pressure continues to build, the leading cryptocurrency could be at risk of a significant near-term crash, raising fresh concerns across the broader market. Bitcoin Price Forecasted To Crash To $52,000 A crypto analyst, identified as…

Analyst Reveals What To Expect After 13 Years Of Disappointment

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Crypto analyst Crypto Patel has outlined a roadmap for a Litecoin rally to $1,000. He noted that LTC is currently in a multi-year accumulation phase, which is why he remains bullish despite the altcoin being down over 80% from its all-time high.  The Roadmap For A Potential Litecoin Rally To $1,000 In an X post, Crypto Patel divided the roadmap for a Litecoin rally to $1,000 into three phases. Under the first phase, he expects LTC to reclaim the $100 to $140 zone between now and next year. Under phase…

Dogecoin Must Hold This Level To Avoid Drop To $0.088, Analyst Says

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Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started…

Analyst Exposes Who’s On The Wrong Side Of The Trade

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Bitcoin is struggling to push above $78,000 as the market faces uncertainty that has made directional conviction difficult to sustain. The price is grinding. Not breaking down catastrophically, but not advancing either. A CryptoOnchain report combining US Spot ETF flow data with Binance on-chain metrics has identified a structural divergence beneath the surface. Explaining why the recovery has stalled at precisely the moment it should be building momentum. Related Reading The report’s opening finding is the most alarming available in the current market structure. Over the past two weeks, US…

Unsustainable Bond Yields Will Lead to Hyperbitcoinization: Analyst

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Rising government bond yields signal a coming “structural” shift that will create a Bitcoin “supercycle” of rising prices, as investors flee debasing assets for one that cannot be inflated, according to Shang Wu, a senior research analyst at crypto exchange BitMEX. The yield on the 30-year US Treasury broke past 5.14% on Tuesday, while the Bank of Japan’s 10-year government bond yield touched 2.8%, Wu said. These yields are unsustainable in the long-term and will force governments to choose between debasing their currencies and a “sovereign debt collapse,” Wu said.…