Tag: Price

Analyst Predicts Bitcoin Price Surge To $500,000 As Ribbon Fractal Emerges

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A prominent market commentator has projected that the Bitcoin price could climb as high as $500,000, citing the reappearance of a long-observed moving average ribbon pattern on the monthly chart. The forecast, shared by Egrag Crypto on X, ties price structure to specific time windows in 2026 and 2028, arguing that technical alignment is outweighing short-term market narratives.pl Bitcoin Price Ribbon Setup Signals Expansion Phase At the center of the $500,000 prediction is the reformation of a multi-layer moving average ribbon on the one-month timeframe. The chart provided by the…

Ethereum Data Backs the ETH Price Recovery

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Ethereum (ETH) price is up 18% since plunging below the $1,800 mark on Feb. 6, reclaiming the $2,000 support level. Surging price volatility and a low MVRV Z-score value are also signaling a local bottom forming. Key takeaways: Ethereum realized volatility on Binance has risen to its highest level since March 2025, hinting at a potential recovery. Ether’s MVRV Z-Score has dropped into the accumulation zone, suggesting that ETH has bottomed.  Ether’s multiyear trend line around $1,800-$1,900 holds as support.  Ethereum’s volatility hits 12-month highs Ethereum’s volatility has seen a…

Bitcoin Price Eyes $80,000 Liquidity Grab as ETFs Resume Buying BTC

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Bitcoin (BTC) tapped $70,000 during Wednesday’s New York session as bulls targeted sell liquidity. Key takeaways: BTC price support must hold above a key trendline at $68,000 for the rebound to continue. $80,000 is a key level to watch as the next big liquidation cluster above. Spot Bitcoin ETF inflows attracted half a billion dollars in inflows on Wednesday. BTC/USD hourly chart. Source: Cointelegraph/TradingView Bitcoin must close week above $68,000 Data from TradingView showed the BTC/USD pair at $68,480 on Bitstamp. This is just above the 200-week exponential moving average…

Bitcoin Price Surges 8% — Key Drivers Behind The Recovery Toward $70,000

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The cryptocurrency market staged a broad recovery on Wednesday, led by a sharp rebound in the Bitcoin price that pushed the digital asset close to the $70,000 level once again. Bitcoin climbed roughly 8% on the day, approaching a price zone that has acted as firm resistance since it was lost earlier this month. The renewed strength was not limited to Bitcoin. Ethereum (ETH) advanced 12%, XRP gained 8%, and Solana (SOL) surged 13%, reflecting a wider return of risk appetite across digital assets.  Bitcoin Price Nears $70K As Altcoins…

Cardano Sharks & Whales Quietly Accumulate 819M ADA Amid Price Decline

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On-chain data shows the Cardano sharks and whales have quietly been accumulating the asset even as the price has gone through a drawdown. Cardano Sharks & Whales Have Increased Supply Share By 1.6% In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the supply of the Cardano sharks and whales. The indicator of interest here is the “Supply Distribution,” which tells us about the amount of the ADA circulating supply that’s held by a given wallet group. Addresses or investors are divided…

Bitcoin price reclaims $68K amid short liquidations and bullish Nvidia earnings

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Bitcoin price rebounded over 7% to $69,487 on Thursday amid a spike in short liquidations and improved risk-on sentiment following a bullish Nvidia earnings report. Summary Bitcoin price approached $70K amid a short squeeze and bullish Nvidia earnings report. Spot Bitcoin ETFs drew in $257 million in inflows on Wednesday.  According to data from crypto.news, Bitcoin (BTC) price shot up to an intraday high of $69,487 on Thursday, Feb. 26, before settling around $68,200 at press time, still holding 4.6% gains over the past 24 hours. The bellwether’s rebound follows…

XRP Price Rally Accelerates, $1.50 Resistance Could Decide Next Move

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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…

Ethereum Price Rally Hits Wall at $2,150 After Explosive 15% Move

Ethereum price started a major rally above the $2,000 resistance. ETH is now correcting gains from $2,150 and might decline to $2,000. Ethereum started a fresh upward move above the $1,950 zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $1,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,120 zone. Ethereum Price Rallies Over 15% Ethereum price managed to…

Bitcoin Price Explodes Higher, $70K Level Faces Fresh Bullish Assault

Bitcoin price started a major increase above $68,000. BTC is now struggling to clear the $70,000 resistance and might correct some gains. Bitcoin started a fresh increase after it settled above the $67,000 support. The price is trading above $67,500 and the 100 hourly simple moving average. There was a break above a bearish trend line with resistance at $66,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $67,500 and $67,200 levels. Bitcoin Price Rallies 10%…

Elliot Wave Analyst Predicts Bitcoin Price Will Crash In Final Move, What’s The Target?

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According to a new forecast from an Elliott Wave analyst, the Bitcoin price could be gearing up for more pain as bearish pressures continue to weigh heavily on it. As a final bear market move, the analyst has projected that Bitcoin could crash by more than 14% from its current price near $65,000.  Bitcoin Price Readies For Final Bear Market Plunge Elliott Wave Strategy, a market expert on X who focuses primarily on Elliott Wave structures and analysis, has warned that Bitcoin is entering its final leg down of its…