Tag: Bullish

Citi Analysts Project Bitcoin Price Could Reach $189,000 Next Year In Bullish Scenario

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The Bitcoin price has experienced a significant correction after reaching all-time highs above $126,000 in October, currently trading just above $87,900. This marks a notable 30% decline over the past few months.  Despite this setback, analysts at Citi express optimism for the cryptocurrency’s future, forecasting that its value will continue to rise through 2026. Optimistic Bitcoin Price Predictions According to Citi’s analysts, the base case for the Bitcoin price is set at $143,000, reflecting a potential 62% increase from current levels. In a more bullish scenario, the cryptocurrency could surge to…

Ethereum Exchange Supply Just Crashed To New Lows, Why This Is Bullish For Price

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CryptoQuant has released a new report, highlighting a significant shift in Ethereum’s exchange supply dynamics and institutional behavior. According to the data, the amount of ETH held on crypto exchanges has crashed to unexpected lows. The decline coincides with growing institutional accumulation, a trend often viewed as an early signal of a bullish price outlook. Ethereum Exchange Balances Fall To 2016 Lows Arab Chain, a crypto analyst on CryptoQuant, revealed that Ethereum’s exchange supply ratio across all tracked platforms has declined to approximately 0.137. According to the data referenced in…

Pi Coin Price Prediction: Pi Falls 28%, But One Bullish Pattern Is Flashing – Could a Major Rebound Be Next?

According to CoinGecko, PI has bled more than 7% in the past week and in the past 24 hours, the altcoin has mostly remained stagnant. At press time, PI trades at $0.2052, down more than 90% from its all-time high seen over ten months ago. PI Price Analysis: A Shift Is Coming The PI daily chart shows that the price action is moving within a long-term descending structure that has been in place for several months. Lower highs continue to cap upside attempts, while price remains below a declining trendline…

Bitcoin Bullish Structure Weakens As Inter-Exchange Liquidity Touches Red Zone – Details

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The Bitcoin market is experiencing a gradual trend reversal following weeks of prolonged price correction between October and November. However, recent on-chain data reveals a concerning trend around BTC’s bullish structure. Bitcoin IFP Indicator Suggests Market Has Reached Turning Point  Popular analytics page Arab Chain has shared a cautionary insight on the Bitcoin market despite the moderate price recovery in recent weeks. After Bitcoin suffered a 36.5% correction from its all-time high at $126,000, the market leader has lately experienced a significant rebound, rising from $80,000 to as high as…

Dogecoin Three Bullish Drives Pattern Shows Where The Next Buying Point Is

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A developing Three Bullish Drives pattern has just been identified on the Dogecoin price chart. According to the analyst’s report, this new technical pattern suggests the meme coin could be on the verge of a bottom, potentially marking its next key buying point for market watchers. This projected decline could extend the downtrend Dogecoin experienced over the past few months, which already wiped out most of the gains made earlier this year during the meme coin hype. Dogecoin Bullish Reversal Setup Reveal Buying Point Crypto analyst Trader Tardigrade has stated…

Bitcoin buyers regain control as Spot Taker CVD flips bullish

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CryptoQuant’s Spot Taker CVD shows Bitcoin buyers regaining control in deep loss zones, hinting at spot-led accumulation and a potential end to the correction. Summary CryptoQuant’s Spot Taker CVD has shifted into Taker Buy Dominant mode, showing aggressive market buys now outweigh aggressive sells on spot exchanges.​ The flip comes as BTC sits in deep short-term holder loss zones, a phase historically linked to late-stage corrections and improving recovery odds.​ Strong confirmation needs sustained spot accumulation and BTC reclaiming key realized-price levels to validate a durable trend reversal, the firm…

Bitcoin Price Holds Firm—Is a Fresh Bullish Wave About to Start?

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Bitcoin price stayed above the $90,000 support zone. BTC is now rising and might soon aim for an upside break above the $94,000 resistance. Bitcoin started a downside correction from the $94,500 zone. The price is trading above $92,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $92,950 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might continue to move up if it settles above the $93,500 zone. Bitcoin Price Aims Upside Break Bitcoin price…

XRP Negative Funding Rate Fails To Lure Bullish Traders: Why?

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Key takeaways: XRP derivatives are dominated by bears as the funding rate turns deeply negative and open interest remains stagnant. XRP ETF volumes and declining XRP Ledger TVL show fading interest in the XRP ecosystem, reducing the chances of a near-term price rebound. XRP (XRP) fell 9% over two days after being rejected at $2.18 on Tuesday. The slide below $2 created brief turmoil in derivatives markets as the cost of holding leveraged bearish positions jumped to a two-month high. Traders worry that XRP could weaken further given the slowdown…

Dogecoin Price Volatility Returns as Market Weighs Bullish Indicators Against Recent Dip

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The Dogecoin price has entered another period of volatility as traders attempt to weigh improving technical signals against renewed short-term weakness. The memecoin has been shifting between modest recoveries and sudden pullbacks, creating a landscape where both bullish and bearish narratives remain active. Related Reading With macro uncertainty, DOGE ETF inflows, exchange outflows, and key chart patterns emerging at the same time, the market is now deciding which direction will dominate heading into late December. DOGE’s price trends downwards on the daily chart. Source: DOGEUSD on Tradingview Mixed Trading Conditions…

Ethereum (ETH) Price Ready for 9-16% Move amid Bullish Divergence, Buy the Dips?

Key Notes A major whale known as “1011short” has expanded his leveraged long to 120,094 ETH, worth $392 million, amid Ethereum price volatility. BitMine Technologies purchased an additional 33,504 ETH, further reaching closer toward its goal of reaching 5% of the total ETH supply. Institutional demand remains firm, with spot Ethereum ETFs recording more than $250 million in net inflows this week. Ethereum ETH $3 207 24h volatility: 3.5% Market cap: $387.13 B Vol. 24h: $36.14 B price is down 3.5% on Dec. 11, slipping under $3,200, amid the broader…