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Showing posts with the label technical analysis

Dogecoin Price Could Break Into Double-Digit Rally From This Fibonacci Level

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XRP flashes major buy signal as key pattern points to $4.10 target

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Although XRP has yet to make a decisive move above the $2.20 resistance level, technical indicators suggest the asset could be on track to reach a new all-time high near $4. After initially dropping below the $2 spot, the asset has since made a recovery, aligning with the broader cryptocurrency market sentiment to trade at $2.19 as of press time, down 0.26% in the past 24 hours. However, the weekly chart shows a solid gain of 12.7%. XRP seven-day price chart. Source: Finbold XRP’s price path to $4 Now, according to Analysis by BA_Investments , this bullish outlook is based on the fact that XRP recently broke out of a long-standing price range between $0.12 and $1.97, a range it had been trapped in since 2018.  XRP price analysis chart. Source: TradingView This breakout, which occurred in November 2024, marked a notable shift in market sentiment and has since held firm, with the token currently trading above a key support zone between $1.60 and $1.97. A...

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

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Bitcoin Bearish Pattern Points To $51,400 Price Target – Analyst

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AI predicts Bitcoin price for April 30, 2025

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At press time, Bitcoin (BTC) was changing hands for $84,250 with the price of BTC increasing by 3.37% over the past 24 hours bringing year-to-date (YTD) losses down to 9.90%.  However, contextualizing the recent Bitcoin price increase is crucial. BTC price year-to-date (YTD) chart. Source: Finbold The cryptocurrency market shed $100 billion in value over the weekend, after having lost $100 billion on March 27. Macroeconomic concerns and worries surrounding the impact of tariffs dominate the narrative at present. Picks for you Ripple just unlocked 500 million XRP 2 hours ago Sui Network to unlock $150 million of SUI tomorrow – Sell time? 19 hours ago ...

XRP to drop to $1, warns 40-year trading veteran

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While XRP traders are looking at $3 as the next possible psychological target to breach above, the technical picture shared by veteran trading expert Peter Brandt paints a contrasting scenario. Brandt’s projection suggests that the asset could drop to $1.07, considering the chart is forming a textbook Head and Shoulders (H&S) pattern, a bearish signal, according to his March 26 X Analysis .  With over four decades of experience, the trader noted that XRP is range-bound between $1.90 and $3. Picks for you Wall Street sets GameStop stock 12-month price target 2 hours ago R. Kiyosaki boldly declares 'the world is in a recession' 2 hours ago ...

Shiba Inu: AI Predicts SHIB’s Price For March 31st, 2025

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Shiba Inu has lately been one of the trending cryptocurrency tokens to explore for a plethora of investors. The token has lately adapted to a slow price pace, but that does not negate the fact that the token is here for the long haul. Despite low price pressure, SHIB is strikingly looking forward to achieving new highs and is preparing to launch into a similar price stance to achieve that. Will SHIB be able to do some wonders on or before March 31st, 2025? Let’s find out. Also Read: Ripple: XRP Price Prediction 1 Year From Now Shiba Inu: Where’s The Token Currently? Source: Watcher Guru Shiba Inu is currently sitting at $0.0001305, up 1% in the last 24 hours. The token has lately been moving at a mellow price pace and is trading in green currently due to the overall positive crypto market momentum ushered by Bitcoin’s recent claim to hit $87K. Shiba Inu, however, is expected to make some big moves, per Javon Marks, a notable cryptocurrency analyst who has long been promoting...

Pudgy Penguins Price Prediction: PENGU Drops 6% As Investors Pivot To This Crypto Index Token For Diversified Meme Coin Exposure

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The Pudgy Penguins price plummeted over 6% in the last 24 hours to trade at $0.01034 as of 9:47 p.m. EST as investors decrease their exposure to the meme coin. This 24-hour correction in the PENGU price has pushed the crypto’s weekly performance into the red by more than 5%. Pudgy Penguins Price Consolidates  4-hour chart for PENGU/USD (Source: GeckoTerminal ) The Pudgy Penguins price has been in a tight consolidation range between $0.00900 and $0.01098 in the last few days, GeckoTerminal data shows. This period of sideways trading could be the build up to a big move in the next few days. In the event of a bullish move, the Pudgy Penguins price might try to break above the upper boundary of the channel at $0.01098. A 4-hour candle close above this resistance could then lead to a climb to the subsequent barrier at $0.01433 in the short term. In a bearish case, the Pudgy Penguins price might test the lower boundary of the parallel channel at $0.00900. Losing the suppor...

Crypto Strategist Says One Catalyst Could Enable Massive Influx of Money Into Altcoins, Set Off Major Rallies

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A closely followed crypto analyst says one catalyst could send the altcoin market soaring for months. The analyst pseudonymously known as Rekt Capital tells his 100,000 YouTube subscribers that if Ethereum (ETH) breaks through a key resistance level “the next few months are going to be life-changing.” “Breaking out would enable a massive influx of money flow into smaller altcoins. And Ethereum breaking out to new all-time highs would be a major catalyst on a technical side in making all these other altcoins rally quite substantially.” According to the trader, ETH needs to break through $4,000 to ignite massive altcoin rallies. “It’s weekly closes and successful retests [at the $4,000 level] that have enabled moves to essentially new all-time highs. So $4,500 would occur once we actually managed a weekly close inside here and retest this [$4,000 level] as support. That would enable a revisit of old all-time highs, and probably u...