Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…
Tag: Pattern
Cup And Saucer Pattern Says XRP Price Rally Is Not Done
The XRP price rally has already seen it reclaim the $3.6 level once this year before slowing back down again. This slowdown has raised concerns of a possible end to the rally. But the formation of a Cup and Saucer Pattern actually tells a different story. Since this pattern is yet to be completely fulfilled, there is the possibility that the XRP price rally has only entered a possible slowdown and will continue to rise from here. Why The XRP Price Rally Is Still In Motion Crypto analyst Cryptinsightuk took…
This Ethereum Descending Broadening Wedge Pattern Looks Similar To 2019-2020, Here’s What Happened Last Time
Crypto analyst Crypto Bullet has alluded to a technical pattern for Ethereum, which mirrors its 2019/2020 price action. Based on the similarities, the analyst gave a breakdown of what to expect from ETH in the coming months. Ethereum Shows Descending Broadening Pattern In an X post, Crypto Bullet stated that Ethereum has shown an impressive recovery and is now starting to resemble a Descending Broadening Wedge pattern. He further noted that this pattern is almost identical to the one which ETH had between 2019 and 2020. The analyst added that…
Bitcoin’s rise in 2025 breaks the 2017 and 2021 pattern — should traders be watching this crucial indicator?
Bitcoin’s latest rally has defied past cycle patterns, and one key indicator may explain why investors aren’t selling, even near all-time highs. In a July 23 analysis, CryptoQuant contributor Arab Chain highlights a key difference in Bitcoin’s (BTC) behavior this… Original
DOGE Bullish Pattern Points To $0.42 Target – Analyst
Dogecoin (DOGE) prices surged by over 17% in the past week, in line with a bullish altcoin performance, pushing the total crypto market cap to $4 trillion. The prominent altcoin is now facing major resistance at the $0.25 price level, the result of which bears significant implications for the current positive momentum. Popular market analyst Ali Martinez has weighed in on this situation, highlighting a chart pattern that favours a massive price breakout in the DOGE market. Double Bottom Formation Tips DOGE For 82% Rally In an X post on…
Ethereum Forms ‘Pure Cup And Handle’ Pattern After Hitting $3,000, Analysts Set New Targets
Ethereum’s price action in the past seven days has seen it finally touch the $3,000 resistance zone for the first time in months. This interesting move comes amid growing institutional attention caused by the massive inflows into Spot Ethereum ETFs and Bitcoin’s recent climb to new all-time highs. Ethereum has gained over 17% in the past seven days alone, reaching a new local high of $3,065. Interestingly, bullish technical structures are starting to emerge that could send the ETH price soaring toward new all-time highs. Two analysts have now spotted…
Dogecoin Megaphone Pattern Confirms Price Blowup, ‘Don’t Miss This Last Rally’—Analyst
Crypto analyst TradingShot has drawn attention to a bullish pattern for Dogecoin, indicating that a significant price surge is on the horizon. The analyst suggested that this could be the final leg up for the foremost meme coin and advised market participants not to miss it. Dogecoin Eyes Parabolic Rally With Megaphone Pattern In a TradingView post, TradingShot predicted that Dogecoin could rally to as high as $1.25. He noted that the meme coin has been trading in a bullish Megaphone pattern within a channel up. The analyst added that…
SUI Chart Pattern Confirmation Sets $3.89 Price Target
Key points: Bitcoin (BTC) surged to a new all-time high on Thursday, and the bullish sentiment has rubbed off on select altcoins. One such altcoin is Sui (SUI), which rallied 11.3% to $3.41. Could SUI continue its upward move? Let’s analyze the charts to find out. SUI price prediction SUI turned up sharply from the 20-day exponential moving average (EMA) ($2.92) on Wednesday and broke above the 50-day simple moving average (SMA) ($3.08) on Thursday. SUI/USDT daily chart. Source: Cointelegraph/TradingView The 20-day EMA is trying to turn up, and the…
XRP Forms Inverse Head And Shoulders Pattern, Why A Surge To $3.3 Is Possible
XRP has been one of the most-watched altcoins recently, with multiple developments emerging for its parent company, Ripple. However, while Ripple has seen a lot of positives, XRP has continued to struggle when it comes to price. Amid the selling, bulls have put up an impressive fight to hold the support above $2.2 for the time being. This has led to the formation of a new inverse head and shoulders pattern that could signal a reversal is coming. Analyst Highlights Bullish Formation For XRP Price Crypto analyst TheSignalyst, in a…
Dogecoin Price Surges Past $0.17 as Triple Bottom Pattern Signals 130% Upside Potential
Key Notes Triple bottom formation with March, April, and June lows creates a strong support foundation between $0.13-$0.15 levels. Open interest jumped 5.92% to $2.16 billion while trading volume reached $3.33 billion, indicating fresh institutional capital. Long/short ratios on Binance (2.7) and OKX (2.8) demonstrate overwhelming bullish sentiment among retail and professional traders. Dogecoin DOGE $0.18 24h volatility: 6.5% Market cap: $27.29 B Vol. 24h: $1.82 B traded at $0.1758 on Tuesday, July 9, consolidating above the $0.17 psychological resistance for a second session. This technical breakout comes after nearly…