Tag: Analyst

Analyst Says Bitcoin Price Is Heading To $256K — Here’s When

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…

Analyst Forecasts Bitcoin Price Will Break This Support Level, Can $100,000 Hold?

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The Bitcoin price is once again under heavy pressure in the market. An analyst has warned that the coin shows strong bearish signs after being rejected at a resistance level. The price has now fallen to a critical support area, where buyers are trying to hold the line. According to the analyst, if the level fails, the price could drop even lower, raising doubts about whether the key levels will remain safe. Analyst Says Bitcoin Price Turned Bearish After $121,000 Rejection The analyst explained that the bearish trend began when…

Bitcoin Party Over? Analyst Forecasts Drop To $94,000

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After a short-lived recovery, Bitcoin (BTC) is attempting to bounce from a crucial level to reclaim the $110,000 support. However, some analysts suggest that a retest of the $90,000 level could be the next stop for the cryptocurrency. Related Reading Bitcoin Drops To Weekly Lows Bitcoin lost the $110,000 support for the first time in nearly two months, dipping below the lower boundary of its local range, between $108,700-$119,500. The flagship crypto hit an eight-week low of $107,900 on Friday afternoon, raising concerns for its short-term rally among investors. Crypto…

Despite XRP’s 10x Lead, LINK Is The Real Banking Coin, Analyst Says

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A crypto expert set off a fresh debate by arguing that Chainlink — not XRP — should wear the “banking coin” label. His short tweet on Wednesday got people talking and digging into the numbers behind both projects. Analyst Claims Chainlink Is Banking Coin According to Quinten, a top analyst and host at Coin Compass, Chainlink is better suited to work with banks than XRP. Related Reading Quinten also admitted that XRP is 10 times larger than Chainlink, a gap he says could narrow if LINK wins more institutional deals.…

Solana New Short-Lived Rally? Analyst Says This Time Is Different

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Solana (SOL) is attempting to reclaim a strong resistance zone for the fourth time, which has led some investors to suggest that the rally won’t last long. Nonetheless, on-chain data suggests that SOL’s next leg up could be starting. Related Reading Solana Breaks Out Of Triangle Pattern On Thursday, Solana hit a six-month high of $216 after breaking out of one of its most crucial resistance zones. The cryptocurrency bounced 16% from Monday’s lows and reclaimed the $200 barrier as support on Wednesday, closing the day above this area. SOL…

Crypto Bull Run Dead? Analyst Says The Real Top Isn’t Here Yet

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Top analyst Miles Deutscher says the crypto market’s apparent fatigue is being misread. In a new video titled “Why The Crypto Bull Run Is Far From Over (Data Says This Happens Next),” the commentator—who has more…

XRP Price To Rally 5,600% To $200? Crypto Analyst Lays Out The Possibilities

Crypto analyst Egrag Crypto has raised the possibility of the XRP price rallying to $200. This followed his analysis using the regression model, which showed that the altcoin could record a 5,600% rally to this price target.  How The XRP Price Could Rally 5,600% To $200 In an X post, Egrag Crypto predicted that the XRP price could rally to $200 if it were to overshoot the linear regression line. He alluded to the monthly timeframe, which reflected the analysis of hits, misses, and overshoots using linear regression on a…

XRP Price Cycle Target Remains $20: Analyst Explains

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Key takeaways: XRP’s macro outlook remains bullish, with technical scenarios projecting a cycle top above $20, according to one analyst. XRP’s symmetrical triangle signals a potential bullish breakout targeting $4. XRP’s (XRP) price fell 22% to $2.72 from its multi-year high of $3.66 reached on July 18, before recovering to current levels around $3.  Has the popular altcoin finally topped out, or is there a stronger rally in the cards? XRP macro outlook still “bullish” XRP price action reveals a consolidation within a symmetrical triangle on the daily chart, suggesting…

Analyst Says XRP Price Is Set To Hit $4 If It Breaks This Resistance Line

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The XRP price has been one of the most closely watched cryptocurrencies in the market, and technical analysts are now pointing to a major breakout setup that could send its value to new levels. According to TradingView crypto market analyst HolderStat, XRP is currently consolidating, with a critical resistance line standing between the cryptocurrency and a potential surge toward $4.  Daily Chart Signals Consolidation Before Breakout On the daily timeframe, HolderStat highlights in his chart analysis on TradingView how XRP has recently completed a breakout from a large triangle formation…

Ethereum Longs at Risk? Analyst Warns of Recurring Weekly Liquidation Pattern

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Ethereum (ETH) recently broke through to a new all-time high above $4,900 before undergoing a correction. As of now, the asset trades at $4,520, reflecting an 8.9% pullback from its peak but still up 7.6% over the past week. The move follows weeks of strong upward momentum that returned ETH to price levels unseen since the 2021 bull cycle. While Ethereum’s long-term trend remains upward, analysts are examining short-term patterns to explain the market’s current volatility. One such perspective comes from XWIN Research Japan, a contributor to CryptoQuant’s QuickTake platform,…