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Showing posts with the label market analysis

Bitcoin set for this record target as BTC flashes major bullish signal

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Technical indicators suggest that Bitcoin’s (BTC) short-term momentum may be sustaining, with the potential to target a new record high in the coming weeks. Specifically, Bitcoin has formed a Moving Average Convergence Divergence (MACD) golden cross below the zero line, a setup that has historically preceded strong upside moves, according to pseudonymous cryptocurrency analyst BitBull in a September 10 X post. Bitcoin price analysis chart. Source: BitBull The analyst noted that the last time this pattern appeared, in April, Bitcoin rallied nearly 42% within a month and secured a new all-time high. A similar setup is now forming, suggesting that history may be repeating itself. Bitcoin next price target to watch  The projection zone points to a potential surge toward $125,000 if momentum strengthens. Two scenarios are outlined: either an immediate breakout to the target or a brief pullback toward $117,000 before continuation higher.  Notably, a MAC...

Trouble for Bitcoin as this pattern hints at upcoming BTC big correction

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As Bitcoin (BTC) strives to hold the $110,000 support zone, technical indicators are painting a grim picture, with the asset facing renewed selling pressure after failing to break through a key resistance area. An outlook shared by pseudonymous cryptocurrency analyst BitBull in an X post on September 4 indicated that Bitcoin was rejected from the $114,000 resistance zone on the daily chart, a level that has now turned into a strong supply area. Bitcoin price analysis chart. Source: BitBull The Analysis highlighted how BTC attempted to rally back into the $114,000 region but was pushed lower, confirming the level as a ceiling for price action. Currently trading around $110,600, Bitcoin remains below this resistance. Therefore, BitBull warned that unless BTC can reclaim and hold above $114,000 on the daily timeframe, any short-term bounce is likely to be a bull trap, luring traders before the market reverses downward. After a steep decline from its recent peak ...

Ethereum to $10,000 in 2025: Why Analysts are so Bullish on ETH

Ethereum Ether (ETH) is currently one of the major cryptocurrency tokens that have been soaring in demand at the moment. The token is now eyeing major price spots at the moment, and some are even projecting another 120% surge to $10,000 by the end of this year. There are several catalysts for Ether’s recent growth, all of which will be covered here. Could Ethereum breach five digits for the first time ever and hit $10k before 2026? The recently introduced CLARITY Act has recognized three blockchains as “mature” chains, with the list including Bitcoin, Ethereum, and Cardano. These chains have been called mature based on decentralization and token distribution elements, inviting an influx of frenzy towards their tokens. ETH is now up over 20% in the past week to above $3,600. To challenge its ATH of $4,891.70, it would have to surge another 27%, which many analyst suggest is possible. More Signs That Could Send Ethereum (ETH) to $10K Additionally, Per analyst Javon Marks, Ethereum i...

Crypto Analytics Firm Swissblock Points to Further Bitcoin (BTC) Upside, Says Altseason May Already Be Here

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A leading digital asset investing research firm is attempting to answer the question of whether or not Bitcoin (BTC) has further upside to go. In a new Analysis posted to the social media platform X, Swissblock says that the BTC Fundamental Index can answer that question. “If you’re questioning whether Bitcoin still has upside — this is the only chart you need to see: On-chain fundamentals have flipped back to strength. This move isn’t just speculation. Sustained upside is now structurally supported. Higher.” Source: Swissblock/X BTC is worth $119,154 at time of writing, up nearly 10% in the last week. Moving on to altcoins, Swissblock dares to answer another question on traders’ minds — how close is altseason? “Altseason in Sight: Wave 5 Has Begun? The altcoin market just broke out of a multi-month consolidation. Structure suggests a classic 5-wave move — and Wave 5 may be underway. Historically, Wave 5s in cryp...

AI sets date when XRP will trade at $5

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With XRP breaching key resistance levels in search of a new all-time high, an artificial intelligence (AI) model has set the timeline for when the asset is likely to trade at $5. This outlook comes at a time when XRP is buoyed by broader market sentiment, which is in bullish momentum. As of press time, the asset was trading at $2.62, having rallied almost 7% in the last day, while on the weekly chart it is up 17%. XRP seven-day price chart. Source: Finbold This moment has coincided with increased buying pressure in the asset, which has added $11.81 billion in the last 24 hours, bringing the total to $156.09 billion as of press time. Regarding when XRP is likely to trade at $5, Finbold turned to OpenAI’s ChatGPT for insights on the timeline. XRP price to $5 timeline  According to the AI model, XRP could realistically reach $5 between late 2025 and early 2026, driven by a mix of regulatory developments, institutional adoption, market cycles, and technical...

Is Solana About To Break Out? Key Levels And Indicators Say Watch Closely

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Ethereum Price Stuck At $2,500: Analyst Says Don’t Trade Until This Happens

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$8 Dogecoin? Analyst Says You’ll Regret Sleeping On This Chart

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Dogecoin: 2 Realistic Price Targets DOGE Could Hit by 2030

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Dogecoin is undoubtedly one of the most successful memecoins in the space to exist in recent times. DOGE, often touted as the “Shiba Inu Killer,” is currently experiencing a prolonged price slump, impacted by several external forces, including the Dogefather Elon Musk’s latest spat with the US. The crippling geopolitical narratives are also hammering the market in its entirety, adding more pressure on DOGE as of late. While bullish price predictions are anticipating DOGE’s price rally to $5 or $10, what are the two realistic price targets that Dogecoin may breach and claim by the year 2030? Let’s find out. Also Read: Dogecoin Targets $0.25 as DOGE Enters Top 5 Most Profitable Dogecoin: Realistic Price Targets Revealed Source: Watcher Guru Dogecoin is currently sitting at $0.19, down 5% in the last 24 hours. The token has documented a downswing of 15% in the last month. However, in the midst of speculative price predictions that have been making rounds on the internet, as per ChatG...

Is a Pepe Reversal Happening? Here’s Why MIND of Pepe Is the Best Crypto to Buy

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6 Best Altcoins To Invest In Today October 24 – Popcat, Sui, dYdX, Celestia

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Recent analyses indicate that Bitcoin (BTC), the top cryptocurrency, may be entering a bullish phase. Analysts point to two main factors: a decline in Bitcoin reserves and an increase in stablecoin reserves.  This reduction in available Bitcoin, alongside greater purchasing power, has raised expectations for a potential price rise in the digital asset. Given this bullish sentiment, investors are searching for the best altcoins to invest in today . 6 Best Altcoins To Invest In Today Popcat (POPCAT) is currently valued at $1.546516, marking an 11.51% rise over the past 24 hours. Jupiter (JUP) has also experienced significant movement, with its price now at $1.04141, reflecting a 5.02% gain in the same period.  SUI, the native token of the Sui Network, has increased by more than 9% in the last day, climbing from $1.87 to a peak of $2.04. Meanwhile, FreeDum Fighters, a new meme coin presale, blends political themes with high-stakes rewards. In contrast, Bitcoin has dropped to...