An analyst has pointed out how Dogecoin is consolidating within a triangle pattern that could set up a 40% move for the memecoin’s price. Dogecoin Is Trading Inside A Symmetrical Triangle Pattern In a new post on X, analyst Ali Martinez has talked about what the triangle that Dogecoin’s 12-hour price is trading inside right now could foreshadow for it. A triangle is a consolidation channel in technical analysis (TA) that forms whenever the price of an asset trades between two converging trendlines. The upper line of the pattern is…
Tag: Analyst
What’s Next For XRP After Crashing Below $3? Analyst Answers
XRP has just dropped below $3, but the market may not be as bearish as it looks. The price fell into the 0.382 Fibonacci retracement level at $2.96, a significant support zone. The wick to $2.94, which matched the 0.618 subwave target, quickly reversed and reclaimed $2.96. This fast recovery is classic behavior often seen when a market finds its bottom. According to market analyst Casi Trades, the current setup could open the door for XRP to stabilize and possibly aim for higher targets, with levels like $4.80 already on…
Bitcoin Poised for 10x Surge? Analyst Points to Gold’s Playbook”
Bitcoin eased back this week after a fresh peak, but a loud bullish pitch is making rounds. According to market updates, the coin hit about $124,390 before slipping to $114,158 and then nudging up to $115,285 at press time. Related Reading Based on reports from a chart-focused analyst who goes by AO, Bitcoin may be tracing a pattern like gold’s, and that pattern could point to a rise toward $600,000 — a jump of roughly 420% from current levels. Analyst Sees Gold Pattern AO’s view rests on chart shapes. He…
Onyxcoin (XCN) Up 10%: Analyst Predicts 1,200% Upside
Key Notes Onyxcoin (XCN) surged 9.44% in 24 hours, with trading volume spiking over 200%. The token still trades 92.78% below its all-time high despite a 1,000% yearly gain. The new Onyx Smart Wallet offers a multichain, gas-free experience on ETH, BNB, and Base. Onyxcoin XCN $0.0133 24h volatility: 8.3% Market cap: $462.09 M Vol. 24h: $75.84 M extended its summer comeback with a sharp 24-hour jump, leading to speculations about how far this cycle can run. A prominent trader argues that the rally is still in its early innings,…
401(k) Crypto Retirement plans ‘bigger’ than Bitcoin ETF approval: analyst
The inclusion of cryptocurrency in US retirement plans could mark a milestone for Bitcoin adoption and unlock billions of dollars in new capital, potentially pushing the asset above $200,000 by the end of 2025, according to André Dragosch, the head of European research at crypto asset manager Bitwise. President Donald Trump paved the way for cryptocurrency inclusion in US 401(k) retirement plans after signing an executive order on Aug. 7, granting Americans access to digital assets through their retirement plans. The inclusion of crypto in 401(k) plans may be even…
XRP About To Leave Ethereum In The Dust Now, Analyst Warns
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. CrediBULL Crypto (@CredibleCrypto) argues that market structure across three charts—XRP/ETH, XRP/USD and ETH/USD—now tilts in favor of renewed XRP outperformance versus Ethereum. XRP Ready To Crush Ethereum? In an update on X, the analyst wrote: “XRP/ETH…
Bitcoin Bulls Are Safe From Losing $100,000 Support, Says Analyst
Key points: Bitcoin is safe from breaking below $100,000 for the rest of the current bull market, analyst BitQuant believes. The latest predictions hint that $145,000 is still in play for BTC price. A new dip below $114,500 closes a CME futures gap in place since July. Bitcoin (BTC) will not “come close” to $100,000 during the current correction with new all-time highs still to come. The latest predictions from popular X analyst BitQuant give hope to nervous traders, and include a $145,000 BTC price target. BitQuant hints road to…
Chronicling the End of Bitcoin: Analyst Estimates It Might Happen in 11 Years
While many now believe that bitcoin has been battle-tested and has staying power, others still consider that the top cryptocurrency might come to an end, as the mining industry may be unable to continue operating and maintain profitable margins in the next 7 to 11 years. When Will Bitcoin End? Analyst Believes the Shrinking Revenue […] Original
Analyst Warns $2.6 Or Even $2 Could Be Next
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 Predicts ‘Utility Run’ Will Send XRP Price To $100
A new prediction from crypto commentator BarriC has drawn attention to the long-term future of XRP. According to him, the token’s price has so far only been shaped by altcoin seasons and the four-year cycle, leaving an entirely different scenario still unexplored. He believes that when XRP eventually enters a utility run, its value could rise far beyond the levels seen today, moving to $100 first and finally settling at $1,000. XRP Has Never Experienced A True Utility Run Like many other cryptocurrencies, XRP has been subject to cycles of…