Tag: Analyst

XRP Breaks Above Multi-Year Resistance – Top Analyst Shares Price Target

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Este artículo también está disponible en español. XRP is making waves in the crypto market, trading at $0.82 after setting new yearly highs following an impressive 65% surge in just a few days. This rally has captured the attention of investors and analysts, with top analyst Carl Runefelt sharing insights into XRP’s bullish breakout. According to Runefelt, XRP has finally broken above a multi-year resistance level, signaling the potential for a massive rally to higher prices in the coming weeks. Related Reading Adding to the optimism, recent positive developments in…

Bitcoin Hits $90K Milestone—Is A Path to $100K On The Horizon? Analyst Weighs In

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Este artículo también está disponible en español. Bitcoin has reached a major milestone by surpassing the $90,000 price mark, marking a significant moment in its ongoing bullish rally. The price surge has drawn the attention of existing investors and attracted a new wave of market participants. This influx is evidenced by the increase in UTXO (Unspent Transaction Output) Age Bands. This metric tracks the distribution of Bitcoin holdings by age, according to an analysis shared by CryptoQuant analyst Shiven Moodley. This development reflects heightened interest and engagement in the Bitcoin…

Solana ‘God Candle Is Close’ As It Breaks From Crucial Resistance – Top Analyst

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Este artículo también está disponible en español. Solana recently broke its yearly high at $210, sparking a surge in trading activity as the altcoin now attempts to consolidate above this key level. This period of volatile price action highlights Solana’s strong position within the market, as investors watch for signs of a further breakout.  Top analyst and investor Immortal recently shared an insightful technical analysis comparing Solana’s chart to Bitcoin’s historical price movements, suggesting that Solana’s next breakout may be imminent. Related Reading As the market reaches new highs, Solana’s…

Analyst reiterates ‘Buy’ rating on Bitfarms stock despite selloff

H.C. Wainwright & Co. analysts reiterated their “Buy” rating on Bitcoin mining company Bitfarms.  This rating follows a 15% decline in the stock price after Bitfarms announced delays to its year-end 2024 expansion targets, according to a note shared with crypto.news. While Bitfarms reported positive third-quarter results with revenue growth of 8% to $44.9 million, the company announced it would delay its hash rate goal—measuring its computing power in Bitcoin (BTC) mining — of 21 exahashes per second (EH/s) from late 2024 to early 2025. It also withdrew its 2025…

Crypto Analyst Predicts Major Price Crash For Shiba Inu, But It’s Not All Bad News

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Este artículo también está disponible en español. Crypto analyst MadWhale has predicted that the Shiba Inu price could suffer a significant crash soon enough. Based on the analysis, this price correction is simply a healthy retracement that could pave the way for SHIB to reach new highs. Shiba Inu To Suffer A Major Price Crash In a TradingView post, MadWhale predicted that Shiba Inu could suffer a major price crash soon enough. According to the analyst, SHIB could decline further to the next lower Fibonacci support level. The analyst’s accompanying…

Buy Dogecoin Now Or Wait? Analyst Points To Key Indicator

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Este artículo también está disponible en español. The Dogecoin price has put in a sensational performance since November 4th. In the past 10 days, Dogecoin has risen by an incredible 170%, with no major correction to date. After reaching its highest level since May 2021 at $0.4385 on Tuesday, the DOGE price was trading at just under $0.40 at the time of writing. Buy Dogecoin Now Or Wait? Crypto analyst Kevin (@Kev_Capital_TA), who recently gained significant attention on X (formerly Twitter) for his Dogecoin price analysis, has posted a series…

Toncoin Liquidity and User Activity Reviewed by Analyst: Insights on Market Impacts

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Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…

Analyst Warns Of 10% Bitcoin Price Drop Ahead Of CPI Data

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Este artículo también está disponible en español. Recently, there have been significant fluctuations in the prices of Bitcoin; presently, they oscillate between $87,000-$87,500. This may not be eye candy to investors who are currently on the sidelines waiting for the coin to hit $90k, particularly the release of CPI data set today, November 13. This news is perceived by analysts to have a considerable influence on market sentiment and the expected direction of the alpha crypto asset. Related Reading The Barometer For Inflation Reflecting changes in the prices consumers pay…

Analyst Sets $320,000 Target As Wave 5 Begins

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Este artículo también está disponible en español. The Bitcoin price has finally broken out of resistance and is on a journey to the $320,000 threshold, according to a crypto analyst. Notably, the Bitcoin price has now returned into a full bullish sentiment, with the crypto fear and greed index now pointing to extreme greed. In a recent technical analysis, crypto analyst Gert van Lagen identified a bullish pattern in Bitcoin’s price chart, specifically pointing to a confirmed breakout of the classic ‘cup-and-handle’ pattern formation that has essentially kicked off a…

Analyst Says Dogecoin Price Could Explode 4,500% To $18 From Here If This Happens

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Este artículo también está disponible en español. Crypto analyst Ali Martinez predicted that the Dogecoin price could rally significantly, leading to double figures for DOGE. This comes as the crypto market continues to trend upward, with Dogecoin standing out as one of the top gainers.  Dogecoin Price To Explode And Reach $18 In an X post, Martinez predicted that the Dogecoin price could explode by 4,500% and rally to $18. He stated that this will happen through a test of the middle or upper boundary of the channel, which puts…