Tag: Price

Possible Price Targets — Analyst

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Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…

82 Trillion Deposits Threaten To Crash SHIB Price

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On-chain data show a significant amount of Shiba Inu still held on exchanges, putting the SHIB price at risk of a decline due to sell-offs. This comes amid a positive increase in net flows, indicating that more coins are flowing into exchanges, likely to offload them.  SHIB Price At Risk With 82 Trillion Shiba Inu On Exchanges CryptoQuant data shows that the Shiba Inu exchange reserve is at 82 trillion coins. This indicates higher selling pressure, especially as the value has risen from around 81 trillion at the start of…

Wall Street Analyst Is Still Bullish On Bitcoin, Predicts Price Recovery

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As the market remains divided on Bitcoin’s (BTC) near-term direction, one Wall Street analyst is standing firm in his bullish outlook. He predicts that Bitcoin could soon enter a price discovery, underscoring its value beyond being a payment currency to a market leader and one of the best-performing assets that could eventually reach gold’s market capitalization. Analyst Stays Bullish On Bitcoin Despite Price Instability In a recent interview with CNBC, William Blair’s fintech equity analyst Andrew Jeffrey said recent price swings do not change his long-term conviction in Bitcoin’s recovery…

Cardano Price Prediction: ADA Just Flashed Its Loudest Signal in Months – Will You Act Before It Moves?

Despite a 17% drop over the past month, futures volume on BitMEX surged by more than 16,400%, hitting $44.15 million according to Coinglass. Meanwhile, ADA has managed to hold its key support zone between $0.30 and $0.35, and is currently trading near $0.40, still down 87% from its all-time high of $3.10. Price action remains tightly consolidated, with traders closely watching for updates on a potential spot ADA ETF. Grayscale has submitted an application, now under SEC review, but no official approval has been granted yet. Grayscale’s spot Cardano $ADA…

Why The Bitcoin Price Could Crash Another 20% To $76,000 Soon

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The Bitcoin price could be in for more pain as a crypto analyst has just released a gloomy short-term outlook, warning that another crash may be on the way. The analyst believes that Bitcoin’s overall market structure remains bearish. As a result, he expects the price to fall to about $76,000, representing a 20% decline from current levels.  Bitcoin Price At Risk Of 20% Crash Crypto market analyst Roman has issued a warning that Bitcoin could be heading for another sharp decline, with his primary target set near $76,000. In…

TRU Price Crash: Token Loses All Value Post $26M Truebit Hack

Key Notes TRU collapsed nearly 100% after a smart contract exploit drained $26.4 million from the Truebit Protocol. The token crashed from around $0.16 to near zero within minutes. Truebit is working with law enforcement, with no recovery plan announced. Ethereum-based infrastructure project Truebit’s native token TRU collapsed nearly 100% after a smart contract exploit drained over $26.4 million from the protocol. The attack started with a suspicious on-chain transaction and quickly resulted in a full liquidity drain. Notably, the attacker exploited a math error in Truebit’s minting contract, which…

Grayscale Files for Spot BNB ETF, Will BNB Price Rally Past $1K?

Key Notes With this filing, Grayscale becomes the second major asset manager after VanEck to pursue a spot BNB ETF. Following the filing, BNB price posted modest gains and is attempting to break key resistance below $900. Technical analysts point to bullish chart patterns and a multi-year uptrend for BNB, with near-term targets around $1,000–$3,000. Crypto asset manager Grayscale has filed for a spot BNB ETF in a push to bring an exchange-traded fund for the fifth-largest crypto. Following the development, BNB BNB $891.0 24h volatility: 0.8% Market cap: $122.76…

Is A Price Rally Next?

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The Bitcoin hash ribbons indicator has recently flipped back to a buy signal on the weekly timeframe, according to a Jan. 8 video analysis from crypto analyst Kevin (@Kev Capital TA). The setup matters, he argued, because the model has historically been associated with higher prices after corrective periods, even if its record is no longer spotless. In the video, Kev Capital walked viewers through the weekly Bitcoin chart with the hash ribbons overlay, describing it as one of the higher “hit rate” signals in crypto’s technical playbook. “There have…

XRP Price Pushes for Gains, Resistance Keeps the Market Guessing

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…