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Showing posts with the label crypto analyst

Bitcoin Advanced NVT Sits Above This Critical Threshold — What It Means For Price Action

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Chainlink Gearing Up for Parabolic Expansion to All-Time Highs, Says Crypto Analyst – Here’s His Outlook

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A widely followed crypto analyst says that decentralized oracle network Chainlink (LINK) is gearing up for a massive breakout. In a new strategy session, pseudonymous crypto trader Inmortal tells his 229,400 followers on the social media platform X that LINK may increase by more than 194% its current value by early next year. “Green for buying, red for selling. This trade requires: 2/100 IQ. 100/100 patience . I have both.” Source: Inmortal/X Looking at his chart, the trader suggests LINK may retest the level around $14 and surge to around $53 in the first half of 2026. LINK is trading for $17.98 at time of writing, flat on the day. Next up, the trader predicts that top digital assets will see big rallies in the coming months. “I think most underestimate the power of buying spot here on some majors. Easy 2x in three months. Buy, wait, wait, wait, sell.” Lastly, the trader says that Ethereum (ETH) may take off on a series of rallie...

Trader Issues Bitcoin Alert, Says There’s Still ‘Underlying Weakness’ Despite BTC Bounce – Here Are His Targets

A closely followed crypto analyst is issuing a warning, saying that Bitcoin (BTC) is still showing weakness despite recovering from its latest dip. In a new strategy session, pseudonymous crypto trader Crypto Capo tells his 922,500 followers on the social media platform X that the top crypto asset by market cap could dip to a price tag of between $88,000 and $90,000, noting that altcoins could take a hit as well. “Despite the strong market bounce after the capitulation event, there’s still some underlying weakness. I’ve reopened the hedge position until we see proper bullish confirmations or a second dip, which might bring BTC down to around $88,000-$90,000. Some altcoins could drop another 10%-30%, with some forming higher lows and others grabbing liquidity below the wick. Even if this happens, the plan remains the same: hold/buy the dip. An important local bottom should be very close.” The trader’s chart appears to indicate that t...

Crypto Analyst Sees Memecoins Staging a Comeback, Predicts Rallies for DOGE and FLOKI

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A crypto strategist who has earned the “Master Trader” rank on the digital asset exchange Bybit thinks that it is almost time for memecoins to shine. Pseudonymous analyst Bluntz tells his 315,000 followers on the social media platform X that meme token Floki (FLOKI) is printing a bullish divergence signal on the daily chart. A bullish divergence is traditionally seen as a bullish reversal signal as it suggests that an asset is gaining momentum even if the price drops lower or moves sideways. Says Bluntz, “There is monster FLOKI bullish divergence printing here after it swept a MAJOR level, could print today or tomorrow. Love it or hate it, the meme meta is probably staging a comeback here.”  Source: Bluntz/X At time of writing, FLOKI is trading at $0.000098. Looking at fellow memecoin Dogecoin (DOGE), Bluntz believes that the crypto asset has completed an ABC corrective wave against the US dollar and Bitcoin (DOGE/BTC). Bluntz mostly ...

Crypto Analyst Says Top-10 Altcoin on Cusp of Its Next Rally, Updates Outlook on Bitcoin and Stellar Lumens

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A popular crypto analyst thinks one top-10 altcoin is on the verge of another rally. The pseudonymous analyst known as Altcoin Sherpa tells his 240,300 followers on the social media platform X that XRP‘s next leg is loading. Source: Altcoin Sherpa/X XRP is trading at $3.17 at time of writing. The 3rd-ranked crypto asset by market cap is up more than 5% in the past week. Altcoin Sherpa also thinks Bitcoin (BTC) is loading a “god candle” that will take its price to $120,000. Source: Altcoin Sherpa/X BTC is trading at $103,254 at time of writing. The top-ranked crypto asset by market cap is down more than 2.5% in the past 24 hours but up more than 3% in the past week. Altcoin Sherpa also maps a potential path forward for XRP rival Stellar (XLM). “You can see a multi-year consolidation box in green followed by an explosive move and then down. I suspect we’re going to see one last exit pump for these types of coins; I don’t know...

Crypto Strategist Says Trend Continuation Is Now ‘Confirmed’ for Bitcoin, Sees Altcoins Finding a Bottom

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A crypto analyst who nailed Bitcoin’s pre-halving correction last year believes BTC is poised for more rallies after flashing bullish signals on multiple time frames. Pseudonymous analyst Rekt Capital tells his 527,600 followers on the social media platform X that Bitcoin will likely continue its uptrend after flipping a previous resistance level into support on the three-month time frame. The trader shares a chart showing how Bitcoin cemented the $60,000 level as support in Q4 of 2024, putting BTC in a position to soar to even greater heights. “Post-breakout quarterly retest and trend continuation confirmed.” Source: Rekt Capital/X Zooming in, the trader says Bitcoin has shattered the psychological resistance area at $100,000, indicating that it’s now all blue skies for BTC. “Needs a daily close above $101,165 (black).” Source: Rekt Capital/X Bitcoin ended the previous trading day above Rekt Capital’s resistance zone...

XRP ‘off to the races’ to hit $4, according to crypto analyst

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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...

Analyst Says XRP Primed To Hit Price Last Seen Over Six Years Ago, Predicts Old Altcoins Reaching Record Highs

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A closely followed crypto strategist believes XRP is gearing up for bullish continuation after rallying hard last month. Pseudonymous analyst Credible tells his 446,700 followers on the social media platform X that he’s keeping a close watch on XRP in its Ethereum pair (XRP/ETH). According to the analyst, his initial target for XRP/ETH would bring XRP/USD to a price area last witnessed in January 2018 when the altcoin reached its all-time high. “We still have another ~98% of upside to go against ETH before my first main target on the XRP/ETH pairing is met. At current prices of ETH ($4,000), that would put XRP at over $5. In the immediate short term, looking for a reclaim of this low time frame range for a ~30% move to the upside which should put us over $3 for the first time in over six years.” Source: Credible/X Ultimately, Credible believes that XRP will explode to a new all-time high this cycle, potentially reaching a minimum of $10. ...

Analyst Says Ethereum-Based Altcoin Is Primed To Soar by Over 150%, Maps Path Forward for Bitcoin

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A widely followed crypto analyst believes one decentralized finance (DeFi) altcoin is gearing up for a massive breakout. Pseudonymous crypto trader Credible Crypto tells his 434,600 followers on the social media platform X that the DeFi protocol Curve Finance/Bitcoin pair (CRV/BTC) is showing bullish divergence on the two-week chart. A bullish divergence, which suggests price will start to increase, occurs when the price of assets records lower lows while indicators, such as the Relative Strength Index (RSI), a momentum oscillator indicator, are witnessing higher lows. “Have been scalping CRV and shared most of those scalps here live over the last month and a half while I waited for this sweep on CRV/BTC and we have finally got it. With BTC likely locked in a range between $70,000-$90,000 for a few weeks I think it’s finally time for the big move I’ve been anticipating. I’ve longed CRV here, a move back to range highs on CRV/BTC (which is p...

Analyst Predicts Massive Collapse for Celestia (TIA), Updates Outlook on FET and Two Additional Altcoins

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A popular crypto analyst thinks the modular blockchain network Celestia (TIA) will collapse in price over the long term. Pseudonymous analyst Altcoin Sherpa tells his 222,800 followers on the social media platform X that TIA will plunge to below $1 eventually, though he acknowledges it could see some “random short squeezes” before that. “Psyops would be to pump price going into unlocks so all early shorters get rekt; plebs buy this thing and chase, and seed investors slowly get to dump. Wouldn’t hold this thing for a long time, but I’d probably lean towards longing it in the short term? Probabaly grab an entry around 4.60ish-4.40?” Source: Altcoin Sherpa/X Market participants have been uncertain about the future price action of Celestia, given that the project is slated to unlock 175.74 million TIA tokens on October 31st, according to the digital asset research website CryptoRank.io. A token unlock adds more coins to the circul...

‘Run It Back’ – Crypto Analyst Predicts Massive Rallies for Ethereum and Solana, Says October Will Be ‘Lit’

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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...

Top Crypto Analyst Who Accurately Predicted 2018 Bitcoin Bottom Says Ethereum Low Is In – Here’s His Outlook

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A crypto analyst who nailed Bitcoin’s 2018 bottom six months in advance is turning bullish on Ethereum (ETH). The analyst pseudonymously known as Bluntz tells his 273,300 followers on the social media platform X that the low for Ethereum is potentially in now that ETH tagged its lowest level in six months in August. According to the trader, Ethereum is now on the verge of reclaiming a range with an upper boundary at around $2,850. Bluntz further says that Ethereum is exhibiting bullish divergence on the three-day time frame when paired with Bitcoin (BTC). A bullish divergence occurs when the price of an asset records lower highs while a momentum oscillator such as the Relative Strength Index (RSI) witnesses higher lows. Using Elliot Wave theory, it appears Bluntz is suggesting that Ethereum is forming a five-wave pattern on the four-hour time frame. Elliott Wave theory states that the main trend of an asset moves in a five-wave pattern while a correction occurs ...

Here’s when Bitcoin price could go parabolic, according to analyst

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Amid a slow period for the price performance of Bitcoin (BTC), which has been struggling to pull itself above the psychologically critical level of $60,000, cryptocurrency analyst Ali Martinez believes it might happen very soon, placing the next target for the maiden crypto asset at $64,000. Specifically, Martinez has noticed similarities in price movements between Toncoin (TON), the native token of decentralized layer-1 blockchain The Open Network, and Bitcoin, with the former possibly “leading the way” for the latter, according to his X post on August 14. Toncoin vs. Bitcoin price performance. Source: Ali Martinez Indeed, Bitcoin’s current price performance remarkably mimics that of TON, which is currently changing hands at the price of $6.63, down 6.88% in the last 24 hours, but still recording an increase of 6.89% on its weekly chart, reducing its monthly losses to 10.85%. Picks for you ...

Trader Says Stellar (XLM) Rival Primed To Surge Against Bitcoin, Outlines Path Forward for Dogecoin and Ethereum

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A widely followed crypto analyst says that one rival of global payments network Stellar (XLM) is primed to skyrocket against Bitcoin (BTC). In a new strategy session, pseudonymous crypto trader Kaleo tells his 643,500 followers on the social media platform X that XRP, the native token of the XRP Ledger, is on the cusp of a breakout against BTC as its legal battle against a prominent US regulator has come to an end. “XRP/BTC. And there’s your squeeze. XRP [vs] SEC case is over. And XRP is finally officially declared not a security.” Source: Kaleo/X The U.S. Securities and Exchange Commission (SEC) initially sued XRP in December 2020, claiming that the asset was an unregistered security. The regulator lost the legal battle in 2023 when a judge ruled that the retail sale of XRP tokens did not qualify as a securities contract. Though Ripple was fined $125 million earlier this week for improperly selling the digital asset, Ripple’s CEO hailed ...