Bitcoin remains in a consolidation phase above $100,000, showing no significant movements in the past 24 hours. Key indicators, including its position above the 50-day and 200-day SMAs, suggest continued bullish momentum, supported by an “Extreme Greed” market sentiment score of 83. The “3 Expansion Phases” pattern, highlighted by TradingShot, indicates Bitcoin could reach $150,000 […]
Ethereum (ETH) has experienced a solid 65% gain this year, but its price growth has been overshadowed by Bitcoin (BTC) and other major cryptocurrencies like Solana (SOL) and XRP. Despite this, analysts are increasingly optimistic about ETH’s future, with some predicting that the second-largest cryptocurrency could soon reach significant price milestones. Though Ethereum’s price rise […]
Cardano (ADA) continues to maintain its price around the $1.20 level, after a significant surge in the past 30 days. Despite giving up some of its earlier weekly gains, analysts believe the cryptocurrency is holding strong and preparing for a potential rally that could push its price towards $2. Key support levels play a vital […]
Crypto analysis firm MarktQuant has identified key price levels that will play a crucial role in Bitcoin’s next moves, drawing attention to both resistance and support zones that investors should watch closely. 🟠 $BTC Key Levels to Watch For the bulls to regain control, the price must soon surpass the critical resistance at 98.4k. Failure […]
A crypto market observer predicts a potential drop for Ethereum (ETH) compared to Bitcoin (BTC) while expressing optimism about Solana (SOL). $ETH lol…this is the chart I had months ago. The true $ETHBTC bottom is probably at like 0.025-.03 pic.twitter.com/W2Zrn9lR9B — Altcoin Sherpa (@AltcoinSherpa) November 20, 2024 The analyst, known as Altcoin Sherpa on social […]
Cardano (ADA) has been on a remarkable rally, climbing nearly 42% over the past week and capturing the attention of crypto enthusiasts. This strong uptrend is backed by technical indicators like the ADX, which signal sustained bullish momentum. However, short-term market signals hint at potential consolidation ahead if buying pressure falters. The Average Directional Index […]
The cryptocurrency’s daily trading volume has reached a seven-month high, topping $52 billion, while whale transactions have also spiked, reaching levels not seen in six months. In addition to this, the open interest (OI) in ADA futures has increased significantly, with OI hitting $735 million. This growing momentum has prompted analysts to reassess Cardano’s potential […]
Bitcoin (BTC) has just completed one of its longest re-accumulation phases in history, according to popular crypto analyst Rekt Capital. In a recent YouTube update, the anonymous trader pointed out that the cryptocurrency has been in an extended price discovery phase, surpassing previous cycles in 2021, 2017, and 2013. Rekt Capital explained that, unlike earlier […]
With Cardano whales holding off on selling, ADA gained 3.66% in the last day, supporting a slow but steady climb. The latest data indicates a significant decrease in the “Large Holder Netflow” metric for ADA, which measures the net inflow and outflow of assets held by major investors. This metric fell by 1,181.52% over the […]
Ethereum’s recent market performance is raising alarms among analysts. Starting October at $2,400, ETH reached $2,500 by November, but experts now predict a potential decline of $1,000. The cryptocurrency has seen a 5.30% drop in the last 24 hours, reflecting broader market corrections. Analyst Peter Brandt highlights a bearish trend, noting an unmet target of […]