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Showing posts with the label trader

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 That Called 2022 Market Crash Predicts Big Correction for Bitcoin, Ethereum and Solana Before Massive Rallies

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A veteran trader known for calling the collapse of 2022 is predicting big fakeout dips for Bitcoin (BTC) and two top altcoins before fresh explosive rallies. Posting in his Telegram channel, pseudonymous crypto analyst Capo tells his audience that Bitcoin may plummet to around $81,450, a 14% decline from its current value. However, he suggests that BTC may slingshot to fresh all-time highs after the correction, surging past $112,000 sometime next month. Source: Crypto Capo/Telegram Bitcoin is trading for $94,607 at time of writing, down 1% in the last 24 hours. Next up, the analyst suggests that Solana (SOL) may correct to as low as $130, a more than 20% decline from its current value. Source: Crypto Capo/Telegram After the correction, Capo suggests that SOL may surge to a new all-time high of around $320. Solana is trading for $163 at time of writing, down 8.6% on the day. Lastly, the analyst suggests that Ethereum (ETH) may dip to $1,860, a more than 21% ...

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...

Whale Deposits 427,000,000,000 PEPE to Kraken During Correction To Lock In Profits: Lookonchain

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One savvy crypto trader and deep-pocketed investor is drawing attention for making huge profits trading meme token Pepe (PEPE). Blockchain tracking firm Lookonchain says an anonymous trader moved 427 billion Pepe tokens worth $8.5 million at the time of the transfer to US-based crypto exchange Kraken where the crypto trove could potentially be sold on the open market. Meanwhile, the whale continues to hold one trillion PEPE worth $18.4 million at the time, showing a profit of about $2 million. According to Lookonchain, the same trader just last month gained millions of dollars in profit by selling all his Pepe holdings during the initial stages of a December market correction. The sale came after the trader had accumulated more than one trillion Pepe tokens between March and September of 2024. The trader subsequently bought more than one trillion PEPE again in late December as the memecoin’s price stabilized. Said Lookonchain at the time, “This smar...

Top-10 Altcoin That’s Exploded Over 400% in a Month Could Rally Into New All-Time High, According to Trader

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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...

Crypto Analyst Says One Large-Cap Memecoin Looking Very Strong, Updates Outlook on Bitcoin and Solana

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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...

Meme Coin Miracle: Trader Turns $800 into $10 Million with Moo Deng

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A recent meme coin miracle has shocked the crypto world. On Solana, an unknown trader turned $800 into $10 million using Moo Deng tokens. Source: Solscan Also Read: Epic Games To Create Fortnite, Minecraft, Roblox Metaverse Understanding Meme Coin Trading: The Moo Deng Success Story and Solana’s Role The Rise of Moo Deng Moo Deng is a meme coin based on a popular Thai baby hippo. It grew rapidly on Solana. One trader bought 30.2 million tokens for $800. These tokens reached a value of $10 million on September 28. Meme Coin Trading Risks The trader’s fortune didn’t last long. In just nine days, Moo Deng’s price fell 65% to $0.10. Still, the initial $800 investment grew by 433,367%. Liquidity Problems Source: CoinGecko The trader faces a big problem: low liquidity. The Raydium exchange pool only has $3.2 million. Selling even a small amount could cause the price to drop more. Ethereum Copy Gains Ground As Moo Deng lost popularity on Solana, a copy on Ethereum gaine...

Moo Deng Price Prediction: MOODENG Surges 11%, But Is This New Bird-Themed ICO The Best Crypto To Buy Now?

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The Moo Deng price has soared 11% in the last 24 hours to trade at $0.2569 as of 3:15 a.m. EST on a 5% surge in trading volume to $156 million. Moo Deng, a two-month-old pygmy hippo born at Khao Kheow Open Zoo in Thailand, has quickly become the internet’s newest viral sensation, and now it’s making waves in the crypto world, too. Social media is buzzing with stories of MOODENG’s success, including one trader who reportedly turned an $800 investment into a staggering $1.3 million in just two weeks. TRADER TURNS $800 INTO $1.3M Remember this guy? Trader Db3p turned 6 SOL ($800) into $400K in our last post. He’s now up to $1.3M. https://t.co/Pnm3TFi9HR — Arkham (@ArkhamIntel) September 23, 2024 Moo Deng, which means “bouncy pork” in Thai, is also gaining popularity alongside the excitement of the WNBA playoffs. Both traders and sports fans are backing MOODENG as its value rises, reflecting the intensity of the games. MOODeng for the WN...

Legendary trader foresees major crypto disaster ahead 

The recent approval of Ethereum (ETH) exchange-traded funds (ETFs) by regulatory bodies marks a significant milestone in cryptocurrency history.  Amidst this development, veteran trader Peter Brandt has raised alarms, warning of potential disasters in the crypto staking sector following the U.S. Securities and Exchange Commission (SEC) green light for spot Ethereum ETFs. Peter Brandt, a well-known figure in the trading community, took to social media platform X (formerly Twitter) on May 24 to express his grim outlook.  Picks for you Retail trader s dominate the action on Ethereum as the ETF narrative takes over 2 hours ago Donald Trump declares support for crypto , insists US must not  settle for ‘second place’   ...

Crypto traders urge caution as Bitcoin price hits 3-month high near $31K

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Bitcoin faces 2023 resistance levels next after the weekly close sees a 3% BTC price push. Bitcoin (BTC) hit new three-month highs on Oct. 23 as the week’s first Asia trading session produced snap gains. BTC/USD 1-hour chart. Source: TradingView Bitcoin bulls face crunch BTC price resistance Data from Cointelegraph Markets Pro and TradingView showed BTC price adding momentum to reach $30,944 on Bitstamp. The largest cryptocurrency saw its first weekly close above $30,000 since the summer, going on to tackle levels closer to key long-term resistance. This included the 2023 high, currently at $31,800. “Bitcoin is back at key resistance for the third time in 6 months,” popular trader Jelle responded in one of the day’s X posts. “Time to be cautious, but I don't think you want to be bearish here just because we're reaching resistance. The level will eventually give in -- and the move will be explosive. Tick... Tock…” BTC/USD annotated chart. Source: Jelle/X Analyst Matthew Hyland...