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Showing posts with the label breakout

Litecoin Eyes $117.50 As Price Rebounds From Key Support – Analyst

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Dogecoin Price Poised For Breakout Amid Accumulation, Here’s The Target

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Ethereum (ETH) Near A Breakout? Analyst Says It Could Soar Another 28% By May

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Analyst Says Altcoins Close to Entering ‘Hype Cycle’ Stage That May Trigger Rallies Over Coming Weeks

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A closely followed analyst who nailed the pre-halving Bitcoin correction last year thinks altcoins are close to igniting big rallies and outperforming BTC. Pseudonymous analyst Rekt Capital tells his 531,500 followers on the social media platform X that the altcoin market is at a stage where it is being overlooked by most traders. But the trader notes that the prevailing bearish sentiment is setting the stage for altcoins to ignite upside bursts, leaving many traders on the sidelines. “February has been a strong month for altcoins in both 2023 and 2024. Could altcoins enjoy a strong February for the third year in a row? If so, then altcoins should be close to their ‘Lowest Hype’ areas before preceding upside over the coming weeks.” Source: Rekt Capital/X Based on the trader’s chart, he seems to suggest that altcoins are presenting prime entry opportunities for investors before alts top out in April. Looking at Solana, the trader ...

Koma Inu Price Prediction: KOMA Plunges 6% As Traders Rush To Buy This Pepe Derivative That’s Raised Almost $20M In 10 Days

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The Koma Inu price has plunged 6% in the last 24 hours to trade at $0.01286 as of 9:10 p.m. EST on trading volume that dropped 37% to $15 million. Koma Inu Price Could Continue Soaring The KOMA/USD chart on the 4-hour timeframe shows a strong upward Koma Inu price movement followed by a period of consolidation and a subsequent breakout. Early price action was on a sideways pattern from mid-November, trading within the $0.062 range, according to data from GeckoTerminal. A breakout occurred around December 9th, propelling the price through a parabolic curve to a peak near $0.19 before a pullback. Currently, the price is retracing and trading around $0.1259, showing signs of consolidation. The Koma Inu price now trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which still supports the upward momentum. Meanwhile, the Relative Strength Index (RSI) is at 49.48, indicating neutral momentum. The RSI previously entered overbought territory during the parabolic ...

Ripple XRP in 2025: Analysts Predict Huge Breakout

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Ripple’s XRP token is one of the most popular cryptocurrencies in the market. After a tumultuous August, the token has been back on the rise as the third quarter comes to an end, rising 12% over the last 30 days. As the token garners momentum in the final months of 2024, analysts are setting up their predictions for Ripple XRP in 2025. Among the bullish predictors, one analyst is suggesting a huge breakout for the asset next year. Indeed, crypto analyst Egrag Crypto has updated his Ripple XRP price prediction for 2025. The analyst suggested that the asset could experience a significant price peak by next May due to past patterns. Egrag predicted a rally beginning in July 2024 based on Cycle B, which spanned around 1,186 days from peak to peak. However, the analyst has changed this outlook, turning to Cycle A, which more accurately reflects XRP’s current market movements. According to the analyst, Cycle ‘A’ took approximately 1,492 days from one peak to the next all-time high (ATH), su...