A recent comment from crypto analyst CryptoTank has brought attention to a long-standing misconception about the size of the XRP community. His post focused on the widely quoted figure of seven million XRP wallets and explained why this number does not represent the number of real holders. The clarification arrives at a time when XRP is now positioned to start to receive institutional inflows from the recently launched Canary Spot XRP ETF. Related Reading Why Wallet Count Does Not Equal Holder Count CryptoTank noted that nearly 7 million wallets holding…
Tag: Analyst
Bitcoin Market Top May Be In As Analyst Shares 1064-Day Bull Cycle Pattern
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Analyst Says No Major Support Level Until $24
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…
Forget The Obituaries—Cardano Is Alive, Says Bitcoin Analyst
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Analyst Highlights Interesting Dogecoin Double Top Adam & Eve Pattern
Crypto analyst Tripy has highlighted a double-top Adam and Eve pattern that could send the Dogecoin price as low as $0.16. Meanwhile, crypto XAU has also highlighted a bearish setup that could spark a further decline to $0.15. Dogecoin Price Risks Drop To $0.16 With Double Top Adam And Eve Pattern In a TradingView post, Tripy revealed that a classic Adam and Eve pattern has formed for the Dogecoin price. The analyst warned that market participants may see volatility around the breakdown, but that the pattern rarely fails. His accompanying…
This Analyst Called The Bitcoin Crash Below $20,000 In 2021, He’s Back With A Shocking Prediction For Solana
A crypto analyst who famously forecasted the dramatic Bitcoin (BTC) crash to $20,000 in 2021 has caught the attention of investors and traders with a new warning about Solana (SOL). In a technical analysis, he identifies a critical resistance zone that he believes must be reclaimed soon. Without recovery, he warns that the SOL price could break down toward a much lower level, deepening the cryptocurrency’s already persistent downtrend. Bitcoin Crash Caller Issues New Solana Alert After projecting BTC’s collapse four years ago, crypto market expert DonAlt is highlighting new…
Bitcoin Dips Below $96K: Analyst Says Drop Validates Correction, Eyes $94K Before Pivot
Bitcoin tumbled to a six-month low of $95,919 in the early hours of Nov. 14, a move seemingly triggered by a $870 million net outflow from spot BTC ETFs the previous day. Market Impact and Liquidations In the early hours of Nov. 14, bitcoin ( BTC) briefly tumbled to $95,919, marking its lowest price point […] Original
Analyst Predicts XRP “Supply Crisis” To Trigger The Next Parabolic Rally
An analyst has sounded the alarm on what could become one of the most explosive rally in XRP’s history. As the cryptocurrency prepares for its long-awaited Exchange-Traded Fund (ETF) debut, the balance of XRP on major exchanges continues to decline. Analysts are warning that an impending supply crisis could spark a significant surge in the XRP price, which is currently more than 34% below its all-time high levels. XRP Supply Shortage To Trigger Parabolic Surge Amidst ongoing market volatility and whale capitulation, crypto market expert Arthur remains positive about XRP,…
Bitcoin Eyes New All-Time High As Analyst Sets $170K Target
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
Analyst Predicts Dogecoin Price “Historic Mega Run” – Here’s The Target
Crypto analyst Crypto Patel has predicted a parabolic rally for the Dogecoin price to reach as high as $5. This comes as DOGE struggles to reclaim the psychological $0.2 level, sparking bearish sentiments for the foremost meme coin. Dogecoin Price Eyes Historic Mega Run To $5 In an X post, Crypto Patel stated that the Dogecoin price is ready for its next historic mega run to $5. He revealed that the breakout and retest are complete and that the structure is locked and loaded for a parabolic explosion. The analyst…