More Pain For Bitcoin? Analyst Explains Why BTC’s Bottom May Be Months Away
As Bitcoin (BTC) hovers near its lowest levels since late 2024, a market observer suggests the flagship crypto may not have finished bottoming yet, with more downside potentially ahead. BTC’s Historical Data Points To Longer Correction On Wednesday, analyst Rekt Capital compared Bitcoin’s current price action to its performance in previous cycles to determine how…
XRP Sees Intense Capitulation As Realized Profit-To-Loss Ratio Plunges
As the XRP price attempts to rebound from its recent lows, Glassnode has shared key on-chain metrics pointing to weakening momentum and “intense capitulation.” XRP Profit/Loss Ratio Falls To Lowest Levels Since 2024 On Tuesday, market intelligence platform Glassnode revealed that XRP is flashing warning signals, with key on-chain indicators pointing to widespread capitulation and…
Dogecoin Rally Loading? Analyst Eyes ‘Imminent Breakout’ From Textbook Falling Wedge Pattern
As Dogecoin (DOGE)’s price attempts to hold a crucial support level, an analyst flagged potentially bullish technical setups that could set the stage for a major move in the coming months. Dogecoin Historical Setup Targets Massive Expansion On Wednesday, Dogecoin continued its sideways trajectory between the $0.100-$0.105 local range. The cryptocurrency has been trading within…
XRP To Double Digits? Multi-Year Cup And Handle Points To Massive Rally
After being rejected from the $1.55 barrier on Thursday, XRP dropped nearly 8%, continuing its consolidation below this crucial resistance. Amid this performance, a market watcher highlighted a multi-year pattern that could push the price toward new highs. XRP Multi-Year Pattern Takes Shape On Friday, market observer ChartNerd shared a long-term perspective on the XRP…
Ethereum Poised For $140% Rally If This Resistance Flips – Analyst Calls Breakout Inevitable
While Ethereum (ETH) is at a pivotal crossroads, some analysts suggest that a reclaim of a key resistance could open the door to a massive breakout. However, others have raised questions about the altcoin’s next move amid the recent market volatility and weak signals. Ethereum Breakout: ‘A Matter Of When’ Ethereum has found a new…
Bitcoin Price Wave Down To $40,000 Shows When The Bottom Will Begin
According to a crypto analyst, the Bitcoin price remains firmly in a bear trend and could be preparing for another major crash to new lows. Using a wave structure, the expert mapped out BTC’s price action during this bearish phase, outlining how he sees the current market developing and where he believes the next downside…
Cardano Price At Multi-Year Support That Previously Led To 200% Rally – ADA Recovery Ahead?
As Cardano (ADA) retests a key multi-year level that previously led to significant price increases, some analysts point to on-chain and derivative signals suggesting a potential price recovery for the altcoin. Cardano Retests Key Macro Support On Tuesday, Cardano dropped 3% to retest a crucial macro support level. The altcoin has been trading between $0.25-$0.30…
XRP Price Is Maintaining This Multi-Year Trendline, But A Crash Could Be Looming
Following the recent market trend, the XRP price has maintained its hold on an important trendline over the years. This trendline leans bullish, and as long as the cryptocurrency holds above it, the likelihood of a recovery remains high. However, a break below this multi-year trendline could signal doom, with crypto analyst CrypFlow forecasting how…
XRP’s ‘Critical Inflection Point’ Weeks Away? Analyst Explains Why A $2 April Rally Is Possible
As XRP attempts to defend a crucial support level, an analyst has called for a 30%-40% rally in the coming weeks, suggesting that the altcoin could see short-term relief before it reaches its “critical inflection point.” XRP Defends Its ‘Lifeline’ On Friday, XRP saw a 2.5% intraday retrace to retest the $1.43 area before bouncing…
The End Of Ethereum’s Downtrend? Key Indicator Flashes First Bullish Signal Since September
As the crypto market bounces, a key indicator has flashed a key bullish signal on the Ethereum (ETH) daily chart, suggesting the end of its six-month downtrend could be near. However, some analysts have warned investors of a possible bull trap and a subsequent reversal to new lows. Ethereum Eyes Trend Reversal Ethereum kicked off…