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An analyst who accurately called the start of Solana’s (SOL) correction this year is flipping bullish on the native asset of the layer-1 protocol. Pseudonymous analyst Bluntz tells his 317,700 followers on the social media platform X that he believes the Ethereum (ETH) challenger looks ripe for a significant bounce after losing about 64% of its value from its all-time high of $293, which it hit in January of this year. According to Bluntz, SOL is flashing a bullish divergence on the daily chart, a reversal signal suggesting that buying momentum is on the up and up even though an asset’s price continues to fall or move sideways. “Started bidding some names for bounces today, a lot of bull divs printed on names like SOL, HYPE + many more that have basically gone down -70%+ in a straight line even on large caps. Definitely do not subscribe to the idea that this is ‘THE BOTTOM’, but sizable bounces are highly likely in my opinion.”...

Cosmos (ATOM) has staged a remarkable comeback, soaring 16.72% over the past 24 hours to trade above $5.06 at press time.  The spike in price was matched by a sharp increase in investor activity, with trading volume climbing 56.78% to $247.87 million and market capitalization rising to $1.93 billion. As a result, ATOM secured the top spot among the 100 largest cryptocurrencies by daily gains on April 4. ATOM tops the charts among the 100 largest cryptocurrencies by daily gains Source: CoinMarketCap Despite the recent breakout, ATOM remains down over 19% year-to-date, highlighting the depth of its earlier losses. However, it has managed to gain 20% over the past month, signaling a shift in sentiment even as broader market conditions remain uncertain. ATOM one-month price chart. Source: Finbold Key catalysts behind ATOM’s rally The rally was driven in part by eToro’s announcement that it had launched staking support for Cosmos and Polkadot (DOT). This ena...

The Dogwifhat price has soared 13% in the last 24 hours to trade at $1.74 as of 7.05 a.m. EST on a 100% jump in trading volume to $478 million. Dogwifhat Price Signals A Rebound Within A Bearish Pennant The WIF/USD daily chart presents a compelling potential bullish reversal setup as the price approaches the key support zone around $1.70. This level has already been tested multiple times, establishing a double-bottom pattern that signals the possibility of a trend reversal. The testing of this level increases its significance, suggesting that buyers may be stepping in to prevent a further decline, setting the stage for a potential breakout. The price has been stuck in a bearish channel since November, indicating overall downward pressure. However, recent price action shows that WIF/USD could be preparing for a shift in momentum. The current price is still above the crucial support level, indicating that the market continued to hold its ground above the $1.70 support zone. WIFUSD A...

The Butthole Coin price has plummeted 26% in the last 24 hours to trade at $0.03606 as of 7:00 a.m. EST on a 51% drop in trading volume to $8.9 million. Butthole Coin Price Closes On A Breakout Above The Triangle The BUTTHOLE/USD trading pair chart on the 1-hour timeframe shows a descending triangle pattern with a bearish continuation signal. The price currently trades at $0.03656, with a precise support level of around $0.03000. This support forms the horizontal base of the triangle, while a descending trendline forms the pattern’s apex. A breakout in either direction could define the crypto’s next trend. The 50-period Simple Moving Average (SMA) is currently at $0.03854 and is acting as a dynamic resistance, which indicates bearish pressure. However, a breakout above this level could be the start of a bullish rally. BUTTHOLEUSD Analysis Source: Dextools.io On the other hand, the MACD (Moving Average Convergence Divergence) shows a negative histogram, with the MACD ...

XRP’s price has been building significant momentum, currently trading at $2.66 after a daily gain of 11.75% and a weekly surge of 18.72%.  Recent price action, coupled with technical indicators and whale accumulation, points to a potential breakout that could send XRP soaring to the $4 level in the near term. XRP 1-day price. Source: Finbold XRP technical analysis On December 17, prominent on-chain analyst Ali Martinez highlighted XRP’s bullish formation, stating:  Picks for you GrokAI says XRP price will hit this target by December 31, 2024 1 hour ago 2 cryptocurrencies to reach a $25 billion market cap in 2025 16 hours ago ‘P...

A widely followed analyst and trader is leaning bullish on a large-cap altcoin that has skyrocketed by over 5x in a month. The analyst pseudonymously known as Sherpa tells his 233,400 followers on the social media platform X that he “wouldn’t be surprised to see” XRP break out into a new all-time high on its US dollar pair. XRP is trading at $2.65 at time of writing, around 23% below the all-time high of $3.40. Source: Altcoin Sherpa/X The third-largest crypto asset by market cap is up by around 434% since November 4th. According to the pseudonymous analyst, the XRP/Bitcoin pair presents a “much better” risk-reward ratio. Based on Sherpa’s chart, it appears that XRP/BTC is sitting below a resistance level that has existed since May of 2021 and is around 88% below the all-time high of 0.0002247 BTC. Source: Altcoin Sherpa/X XRP is trading at 0.00002727 BTC ($2.63) at time of writing. The widely followed analyst also offers his insight into the Solana (SOL) ec...

After a three-year hiatus, Litecoin breached the $130 mark and hit a yearly high of $137 on Wednesday. It almost soared 100% in the last 30 days as the cryptocurrency market ignited a bull run. The rally made leading altcoins rise double-digits after mostly trading sideways for the last 10 months. Trump’s reclaiming the US presidency kick-started a rally, and an influx of new money and investments entered the markets. Also Read: Chainlink Doubles Investor’s Money: Should You Invest in LINK Now? Now that Litecoin has reached $130 after three years, what will its price be worth in the next four years in 2028? Is this the best time to invest in LTC, or should investors give it a pass? In this article, we will highlight how high Litecoin could reach in 2028. Also Read: MATIC: After Rising 150%, Can Polygon Double Your Money Again? Litecoin: What Will LTC Be Worth in 2028? Source: CMC markets Leading on-chain metrics and price prediction firm Gov Capital remains bullish on Litecoin und...

An analyst known as a “Master Trader” on the crypto exchange Bybit believes that furious rallies are in sight for the top memecoin Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 287,200 followers on the social media platform X that DOGE looks incredibly bullish after breaking out from an Adam and Eve double-bottom pattern against Bitcoin (DOGE/BTC). The bullish structure suggests that DOGE/BTC has printed a major bottom and is poised to start a new uptrend. “Tried to warn you all. Crazy to think this thing is still just getting started.” Source: Bluntz/X A bullish DOGE/BTC chart suggests that Dogecoin is in a position to outpace Bitcoin’s gains. Looking at DOGE against the US dollar, Bluntz believes that the altcoin has the fuel to skyrocket over 260% from current levels. “If only someone had been banging the DOGE drum for some time now. $1 is not the meme you think it is.”  Source: Bluntz/X At time of writ...

A widely followed cryptocurrency analyst and trader is leaning bullish on a top-10 altcoin by market cap. The analyst pseudonymously known as Sherpa tells his 229,600 followers on the social media platform X that Dogecoin (DOGE) is “still very strong looking” amid the flagship memecoin rising by around 60% from the October low. Source: Sherpa/X According to Sherpa, Dogecoin could undergo a correction before going higher. Dogecoin is trading at $0.169 at time of writing. Next up is Bitcoin (BTC). According to the pseudonymous analyst and trader, Bitcoin hasn’t “materially moved” above the $65,000 level in about 1,295 days and could potentially go higher. “Time is ticking… BTC to all-time high loading You are not bullish enough.” Source: Sherpa/X Sherpa also says that the ratio of Bitcoin relative to other crypto assets is set to remain at elevated levels. Based on the widely followed analyst’s chart, it appears that he is suggesting that the...

A widely followed crypto analyst is staying bullish on Bitcoin (BTC) while updating his outlook on layer-1 blockchain Aptos (APT) and one memecoin that has printed massive gains during the last 10 months. In a new strategy session, crypto trader Altcoin Sherpa tells his 224,300 followers on the social media platform X that key metrics are pointing toward an upcoming bull market for the top crypto asset by market cap. “BTC: should be a decent spot for a bounce. Close enough to the .50 [Fibonacci retracement level]. 200-day exponential moving average (EMA) + wick low. Still bullish until shown otherwise.” Source: Altcoin Sherpa/X Fibonacci retracement is a method of technical Analysis that indicates potential points of support and resistance for an asset. Bitcoin is trading for $62,251 at time of writing, a 2.4% gain during the last day. Moving on smart contract platform Aptos, Sherpa says its chart looks good and that he’s looking to accumulat...

A widely followed crypto strategist believes sharp recoveries are in store for Ethereum (ETH) and its competitor Solana (SOL). Starting with the top smart contract protocol, pseudonymous analyst Kaleo tells his 647,300 followers on the social media platform X that his bearish scenario for Ethereum is no longer valid. The trader shares a chart suggesting that ETH has already printed a local bottom and is now gearing up for big rallies. “The yellow line is cursed. The white line in this thread has been goated and will continue to be goated. Run it back.”  Source: Kaleo/X Looking at the trader’s chart, he seems to predict that Ethereum will rally to $4,400. At time of writing, ETH is trading for $2,383. As for Solana, Kaleo shares a chart suggesting that SOL is now en route to a new all-time high after holding support at $120. “The white lines were and always have been the path. Run it back.”  Source: Kaleo/X Based on the trader...

2024 has been a standout year for Bitcoin , seeing the asset reach new all-time highs earlier this year. Over the past seven days, BTC surged by 3.11% and reached nearly $65,000 following a bearish August. Since its weekend climb though, the asset has fallen back down to $61,587.81, a 4% drop in 24 hours. Despite this tumble though, there is still strong optimism of a positive Bitcoin performance come September. Since Bitcoin reached its all-time high of over $73,000 in March, bulls have believed that the next possible target is $100,000. Several analysts have been suggesting that BTC could move beyond the $70,000 mark again very soon. Several believe that the world’s largest cryptocurrency will soon move towards $100,000, a new high. Reclaiming the $65,000 resistance remains a crucial first target for Bitcoin in the path towards $100,000. This is certainly possible in the coming months thanks to the growing influence of cryptocurrency. Crypto has become a top point of discussion among...

Ripple’s native cryptocurrency, XRP, has surged nearly 38% in a month, generating stellar profits for investors who took an entry position in July. However, its bullish run came to a screeching halt as the global stock markets tanked early this week. Since then, XRP has been trading sideways but managed to spike close to 5% this week. Also Read: Shiba Inu: How Long Should I Wait For It To Reach $0.01? The leading altcoin is trading at $0.60 on Friday, and the bulls are gearing up for it to catapult to the $1 mark. In this article, we will highlight whether Ripple’s XRP can breach the $1 milestone by the end of the month. Ripple: Will XRP Reach the $1 Target This Month? For XRP to hit $1, the altcoin needs to skyrocket 66% in the next three weeks. If this scenario plays out this month, an investment of $1,000 could turn into $1,660. Also Read: BRICS: JP Morgan CEO Says U.S. Recession Is Coming So, will Ripple’s native token rise 66% and reach $1 in August? Well, XRP tur...