Tag: High

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…

How High Can Dogecoin Go? Legendary Trader Forecasts Next Target

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Este artículo también está disponible en español. Dogecoin is one of the standout performers in the crypto market in the last weeks. Over the past 34 days, DOGE has rallied by 210%, climbing from $0.13 to above $0.41. The rally was fueled by excitement surrounding the creation of the Department of Government Efficiency (DOGE), spearheaded by Dogecoin advocate Elon Musk under the forthcoming US President Donald Trump. However, the rally has plateaued, with DOGE experiencing a sideways movement over the last 16 days. Despite this, the daily DOGE/USD chart continues…

how high will Chainlink go

Chainlink has changed the game of decentralized oracles. It connects smart contracts with real-world data and makes a blockchain a better place for all of us. With Bitcoin gearing up for a potential move to $100k, investors are keen to see if Chainlink (LINK) can keep up and sustain its place in the big leagues. Launched in November 2017, Chainlink has seen an all-time high of $52.70 in 2021 and is currently trading around $18.49 (at the time of writing). Chainlink all-time price chart, | Source: Tradingview In this article,…

How high can Ripple’s XRP price get in December 2024?

Ripple price is in a strong bull run, fueled by positive momentum and favorable ecosystem developments. Ripple (XRP) has risen for four consecutive weeks, reaching $1.70, its highest level since May 2021. The token has surged by over 240% this month, pushing its market capitalization above $96 billion. XRP’s rally stems from strong fundamentals, including significant legal victories and favorable political developments. Ripple won a major court case against the SEC in July last year, followed by a court ordering the company to pay $250 million. This represents a much…

How high can Dogecoin price rise if Bitcoin hits $122k?

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Dogecoin price has performed well this month, reaching $0.4795, its highest level since May 2021, as the broader crypto rally gained momentum. Dogecoin (DOGE) traded at $0.40 on Nov. 28, marking a 365% increase from its September low. This price action mirrored that of Bitcoin (BTC), which approached $100,000, setting a new record. Historically, Dogecoin and Bitcoin prices have moved in tandem. Data from IntoTheBlock reveals a correlation coefficient of 0.98 between the two, indicating similar price movements. Therefore, there is a likelihood that Dogecoin will continue its strong bull…

Bitcoin Leverage Remains High – Data Reveals Selling Pressure Above $93K

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Este artículo también está disponible en español. After a historic rally, Bitcoin has faced its first major setback, pulling back 7% from its all-time high of $99,800. This comes after an impressive surge from $67,500 on November 5, marking a nearly 50% climb in just a few weeks. The price action has largely been “only up,” attracting significant attention from traders and investors alike. Related Reading However, the current pullback highlights growing caution in the market. Market caution said leverage levels remain elevated despite recent deleveraging efforts. Adler’s analysis reveals…

How High Can XRP Price Realistically Go After Gensler?

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Este artículo también está disponible en español. The resignation of Gary Gensler as the Chair of the US Securities and Exchange Commission (SEC), effective January 20th -the same day President-elect Donald Trump is set to be inaugurated – is set to be a monumental day for the XRP community. In his latest video, crypto analyst Rodney (@cryptojourneyrs) shared an analysis of the price potential in the post-Gensler era. At the time of his analysis, XRP was trading at $1.43, reflecting a remarkable 172% increase over the past month. The market…

ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle

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Este artículo también está disponible en español. Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin’s established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year. Keeping this in mind, technical analysis suggests that the Ethereum price still has a long way to go in this cycle, especially if the Bitcoin price starts to undergo a major correction. Understanding ETH/BTC’s 8-Year Cycle Technical analysis of the ETH/BTC…

XRP Price Hits 3-Year High At $1.6

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Este artículo también está disponible en español. The XRP price recently surged to a three-year high of $1.6, marking a significant milestone in the cryptocurrency’s recent bullish rally. This remarkable price movement has garnered the attention of many analysts as investors continue to project the trajectory of the price. Related Reading There are basically two ways the XRP price can go from here: either a continued move upwards or a notable correction. An in-between is a consolidation pattern. CrediBULL Crypto shared his insights on the potential paths the altcoin might…

Ethereum Shorts Hit Record High as Market Leverage Soars

Leveraged short positions in ethereum (ETH) have climbed to unprecedented highs, signaling a bearish tilt in market sentiment as traders brace for intensified volatility. Ethereum Bears Bet Big as Futures Market Records Peak Short Open interest in ethereum futures has surpassed $20 billion, setting a new record and highlighting heightened speculative activity. This upswing in […] Source CryptoX Portal