The altcoin market, which is valued at over $879 billion at the time of this writing, is poised for its next major leg up toward its previous all-time high of nearly $1.2 trillion, according to crypto trader and market analyst Michaël van de Poppe. The Total3 market cap, which tracks the total market capitalization of the entire crypto token ecosystem, excluding Bitcoin (BTC) and Ether (ETH), has maintained critical support around the $784 billion level, Van De Poppe said. The price of Total3 is also inching back toward the 365-day…
Tag: Analyst
Metaplanet Has an Edge Over US-Based DATs Due to JPY Weakness: Analyst
Metaplanet, a Bitcoin (BTC) treasury company, may have a financial edge over other digital asset treasury companies due to structural weakness in the Japanese yen (JPY), according to BTC analyst and crypto treasury company investor Adam Livingston. Japan’s debt-to-gross-domestic-product ratio is about 250%, Livingston said. This high debt level continues to weaken the yen, which must be printed to shore up deficits every year, contributing to an even higher debt level and an erosion of the yen’s value. Measured in US dollar terms, BTC has appreciated by about 1,159% since…
Bitcoin Faces Test After Venezuela Attack, Analyst Says
According to market observers, the US strikes on Venezuela early Saturday are not expected to push Bitcoin into a large sell-off. The strikes took place at around 6 a.m. UTC and lasted for about 30 minutes, reports show. Related Reading Michael van de Poppe, founder of MN Trading Capital, wrote on X that he does not expect “a widespread correction” tied to the attack, arguing the event was planned and has already passed market participants. Other analysts shared a similar view, saying dramatic moves usually come when traders expect worse…
Bitcoin ‘Correction’ Unlikely After US Strike On Venezuela: Analyst
Despite Bitcoin’s history of volatility during geopolitical tensions, its price is unlikely to fall in the coming days following the US strike on Venezuela, according to a crypto analyst. “I don’t think we’ll see a widespread correction based on the attack in Venezuela on Bitcoin,” MN Trading Capital founder Michael van de Poppe said in an X post on Saturday. The US strikes on Venezuela took place at around 6:00 a.m. UTC on Saturday and reportedly lasted for around 30 minutes. Van de Poppe anticipates the event will not directly…
Dogecoin Heading To $0.08? Analyst Thinks So—Here’s Why
A cryptocurrency analyst has pointed out how Dogecoin could be on track for $0.08 based on this breakout from a consolidation channel. Dogecoin Has Fallen Under An Ascending Channel In a new post on X, analyst Ali Martinez has talked about where Dogecoin could be heading based on a technical analysis (TA) pattern. The pattern in question is an “Ascending Channel,” which is a type of Parallel Channel. Parallel Channels appear whenever an asset’s price observes consolidation between two parallel trendlines. When these lines have a positive slope, the pattern…
XRP Price Will Not Hit $1,000 In 2026, Analyst Reveals Best Timeline
The idea of the XRP price reaching a four-figure valuation continues to circulate across crypto market discussions, but analysts argue that such expectations are misaligned with realistic timelines. While long-term upside is not dismissed outright, a renowned crypto trader says 2026 is not the inflection window for a $1,000 XRP price, emphasizing patience, structural market maturation, and a longer investment horizon. XRP Price’s Near-Term Expectations Reset The debate around XRP’s long-term valuation has resurfaced following renewed community discussion sparked by a widely circulated price forecast highlighted by Uphold. This forecast…
Analyst Reveals Why The Bitcoin Price Is Extremely Bearish Right Now
Bitcoin’s short-term price action is still without bullish momentum, and according to macroeconomist Henrik Zeberg, the longer-term outlook may be deteriorating as well. Henrik Zeberg shared a strongly bearish assessment of the market’s current structure in a post on the social media platform X with the conclusion that Bitcoin is no longer behaving like an asset in a healthy expansion phase. Instead, he described Bitcoin as approaching an important peak, warning that the current structure carries an elevated risk of a sharp downside move once that peak is in place.…
Dogecoin Mirrors AMD’s Setup From Last Year, Analyst Claims
Dogecoin’s pullback is starting to look like a setup, not a breakdown, at least according to crypto analyst Cantonese Cat (@cantonmeow), who says the meme coin is behaving the way AMD did before its turn higher last year. Can Dogecoin Replicate The AMD Rally? In a X post on Dec. 31, the analyst argued that slipping prices on weakening volume and growing public reluctance to be bullish is exactly what improves the trade’s risk/reward. “I said that about AMD last year. I’m saying that about DOGE right now,” Cantonese Cat…
Bitcoin Could Be Setting Up A Comeback Vs. Gold, Analyst Suggests
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…
XRP At Risk Of A Drop To $0.80? Analyst Makes The Case
A cryptocurrency analyst has explained how XRP could be at risk of a drop toward $0.80 based on the data of some on-chain indicators. XRP Has Seen Bearish Developments In On-Chain Data In a new thread on X, analyst Ali Martinez has talked about why XRP may be at risk of seeing a decline to the $0.80 level. “First, network activity has cooled sharply,” noted Martinez. There are many ways to gauge network activity, but the analyst has used the Active Addresses on-chain indicator. This metric keeps track of the…