Ethereum Prepares For $2,850 Rally, But Analysts Warn Of Potential Dip To These Levels
Amid its recent breakout, Ethereum (ETH) has recovered a crucial Range lost in Q1, preparing to surge to the mid-zone of this area. However, various analysts forecast potential volatility for the King of Altcoins, as it faces some resistance at the current levels. Ethereum To Trade Sideways Before Next Jump After surging nearly 45% in…
Ethereum Surge Above $2,200 Says Bear Market Is Over, Analyst Calls $5,791 ‘Easy’ Target
After weeks of sideways consolidation and uncertainty, Ethereum appears to have flipped a major psychological and technical corner. Bullish momentum in the past five days has caused Ethereum’s price action to surge past the $2,200 level with conviction, rising more than 32% in the past seven days alone. The breakout comes as Bitcoin crossed the…
Bitcoin Faces Make-Or-Break Battle As 1.76 Million BTC Cluster Between $94,125 And $99,150
Bitcoin has entered an important zone in recent days, with the $94,500 price area standing out as an increasingly important battleground for its short-term trajectory. Although the leading cryptocurrency has made several attempts to clear this region during its latest rally, it has faced repeated rejections, highlighting the presence of strong resistance. Despite these setbacks,…
Bearish Case For Bitcoin: Analyst Warns Falling Wedge Is A Whale Trap That Could Drag Price To $67k
Bitcoin has spent the past seven days trying to hold near $85,000, with a trading range between $83,200 and $86,000. Buying momentum has turned positive in the past 24 hours, but an interesting technical analysis of the current price action points to a looming downside risk. Crypto analyst Xanrox laid out a bearish case for…
What’s Next For Bitcoin After Crossing $87,000? Expert Discusses Possible Outcomes
This Sunday, the market’s leading cryptocurrency, Bitcoin (BTC), has once again crossed the $87,000 mark, following what analysts describe as a healthy correction that brought prices down to $74,000 earlier this month. In a recent post on social media platform X (formerly Twitter), crypto analyst Doctor Profit provided a comprehensive analysis of the current price…
Understanding Bitcoin Struggles: Why Realized Cap Indicates A Bear Market
As Bitcoin (BTC), the market’s leading cryptocurrency, continues to trend lower, recent insights from industry experts highlight critical factors influencing BTC’s trajectory. According to Ki Young Ju, CEO of market intelligence firm CryptoQuant, the current Bitcoin bull cycle may be coming to an end. This assertion is grounded in the concept of Realized Cap, a…
Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch
Amid today’s market correction, Chainlink (LINK) has lost its recent gains, falling back to a crucial support level. An analyst suggests a monthly close above its current range could position the cryptocurrency for a 35% surge. Chainlink Retest Crucial Price Zone Chainlink has retraced 9.1% in the past 24 hours to retest the key $14…
Bernstein Projects Strategy Holdings Skyrocket To 1 Million BTC By 2033
Analysts at Bernstein have made a bold prediction regarding MicroStrategy, now known as Strategy, the Bitcoin proxy firm co-founded by Michael Saylor. They forecast that it could amass over 1 million Bitcoin (BTC) by 2033, potentially positioning Strategy to hold 5% of BTC’s total supply. Strategy Stock (MSTR) Receives ‘Outperform’ Rating Led by analyst Gautam…
Q2 Outlook For Ethereum: Can ETH Overcome Its Disappointing Q1 Performance?
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced one of its most challenging starts to the year, recording its second-worst performance in the first quarter of its history. As of now, ETH is trading just above the crucial support level of $2,000, reflecting a year-to-date decline of 43%. This stark contrast is particularly…
Ethereum To End March In Green? ETH ‘Only’ 6% Away From Positive Monthly Close
On Monday, Ethereum (ETH) recovered the $2,000 support, fueled by the market’s recovery. After hitting a two-week high of $2,104, an analyst noted that the cryptocurrency could end March positively. Ethereum Nears Green Monthly Close In the past 24 hours, Ethereum surged 6.2% from the $1,980 mark to $2,104. The start-of-week recovery made ETH retest…