Tag: Analyst

Worldcoin To Breakout? Analyst Sets Target After 4-Month High

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Rubmar is a writer and translator who has been a crypto enthusiast for the past four years. Her goal as a writer is to create informative, complete, and easily understandable pieces accessible to those entering the crypto space. After learning about cryptocurrencies in 2019, Rubmar became curious about the world of possibilities the industry offered, quickly learning that financial freedom was at the palm of her hand with the developing technology. From a young age, Rubmar was curious about how languages work, finding special interest in wordplay and the peculiarities…

Shiba Inu Could Increase 75% If It Holds Current Level – Analyst Shares Price Target

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Este artículo también está disponible en español. Shiba Inu (SHIB) is capturing market attention as it consolidates at a critical level following an impressive 80% rally from recent lows. The meme-inspired cryptocurrency has shown remarkable resilience, and its current price action suggests a potential breakout at an aggressive pace if it can push above key resistance levels. Related Reading Top analyst InvestingHaven recently shared a technical analysis on X, highlighting SHIB’s bullish potential for 2024. According to the analysis, Shiba Inu is currently holding strong at a critical Fibonacci retracement…

Analyst Says History Is Repeating Itself, Here’s How

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Este artículo también está disponible en español. A crypto analyst has shared a technical analysis of the XRP price in a 4-hour time frame. Currently, the XRP chart highlights distinct patterns in market behaviour, suggesting that historical price action may be repeating itself. The analyst predicts that if the cryptocurrency can successfully replicate these bullish historical patterns, it could trigger an upward surge for XRP.  XRP Price Patterns Signal Bullish Potential Richard, the crypto analyst on TradingView, popularly known as ‘The Signalyst,’ has declared that history is repeating itself in…

Ethereum Breaks Resistance Levels, Analyst Predicts Room For More Growth

Este artículo también está disponible en español. Ethereum is finally seeing a notable rebound in its price as the second-largest cryptocurrency by market capitalization, which continues to break through significant resistance levels. Following its upward trajectory, seeing a nearly 10% increase in the past week, discussions about Ethereum potentially reaching a new all-time high by the year’s end have gained momentum. Notably, aligning with the ongoing ETH rally is renewed interest in Ethereum futures, with market metrics pointing to a bullish sentiment among traders. Related Reading More Room For Growth? A CryptoQuant analyst known…

Holiday Hype: Bitcoin Set For Thanksgiving Rebound To $99,000, Analyst Says

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As US markets closed for Thanksgiving Day, the largest cryptocurrency on the market, Bitcoin (BTC), recovered the $96,000 mark, inching closer to its all-time high of $99,500 and the much-coveted $100,000 milestone.  Analysts Skeptical Of Sustaining Momentum Toward $100,000 Recent fluctuations in Bitcoin’s price have been attributed to a combination of profit-taking by long-term holders and broader market dynamics. As noted by Andre Dragosch, head of research for Europe at Bitwise, significant amounts of Bitcoin have been distributed into the recent rally, leading to increased supply.  Despite the recent rally,…

Analyst Maps Out Dogecoin Price Arc To $3 Using A Logarithmic Scale

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Este artículo también está disponible en español. Crypto analyst KrissPax has predicted that the Dogecoin price can rally to as high as $3 in this market cycle. The analyst further explained how the foremost meme coin will reach this price target using the Logarithmic scale.  Dogecoin Price To Reach $3 In an X post, KrissPax highlighted a path for the Dogecoin price to reach $3. He drew attention to a Dogecoin chart that connects the monthly tops of 2017 and 2021, with an arc representing diminishing returns with a larger…

Analyst Sees Double-Digit XRP Price

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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 Flags Biggest Reason To Sell

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Este artículo también está disponible en español. Jim Cramer, the “Mad Money” host, is a welcome voice in crypto and blockchain discussions, but for a slightly different reason. For a long time, the hosts’ comments and insights on Bitcoin and the crypto industry have often been a source of buying or selling decisions for some. However, Cramer’s effect on crypto, and in this case XRP, is the exact opposite: when Cramer talks about it, it’s a “sell signal” for most. And that’s precisely what one market analyst thinks about the…

XRP Price Bullishness Continues, Analyst Shoots For $1.9 With Next Leg-Up

Este artículo también está disponible en español. The XRP price is consolidating just below the $1.4 mark, but the technical structure continues to show bullish strength. Interestingly,  XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data.  According to an XRP analysis on TradingView, the technical setup is still pointing to a continued price surge. The analysis suggests that XRP could soon rally further, with a near-term price target set at $1.90. XRP Price Bullishness Continues The XRP price…

XRP Consolidates Below Crucial Resistance – Analyst Sets $1.60 Target

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Este artículo también está disponible en español. XRP is currently consolidating after a sharp 20% retrace from its recent local high of $1.63, set last Saturday. Despite the pullback, XRP remains a strong contender in the market as it holds firm above critical demand levels, showcasing resilience amid broader market volatility. As Bitcoin flirts with the psychological $100,000 mark, XRP’s price structure continues to signal bullish potential, drawing attention from traders and investors alike. Related Reading Crypto analyst and investor Carl Runefelt shared a technical analysis on X, suggesting that…