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Showing posts with the label crypto analyst

Crypto Analyst Says One Altcoin Is ‘Potential Steal’ As Bitcoin Tries To Break Out

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A widely followed crypto trader says he’s keeping his eye on one of the market’s “best opportunities” while looking ahead to what’s next for Bitcoin (BTC) and Arbitrum (ARB). In a new post on X, crypto analyst Michaël van de Poppe tells his 812,700 followers that Wormhole (W), an interoperability project that allows communication between blockchains, is potentially a “steal” at its current price. “In my opinion, one of the best opportunities in the markets. Very glad that I’ve got W allocated in the Altcoin portfolio in the size that I’ve got it allocated. The Altcoins were about to break to the upside, although the market crash wiped everything out again. That’s why the next leg up should be higher than the previous one, and that brings W as a potential steal at these prices.” Source: Michaël van de Poppe/X Looking at crypto king Bitcoin, Van de Poppe says the upcoming U.S. Federal Open M...

Bitcoin Price Crash Not Over? Analyst Predicts Another 30% Crash As Longs Pile Up Again

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SUI Rally At Risk? Analysts Warn Of 30% Dip If This Level Doesn’t Hold

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Dogecoin Price Gearing Up For Major Explosive Rally – Why $1 Is Still In The Cards

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POL just exploded; Bulls are in full control

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POL (POL) bulls continue to drive the token’s short-term rally that began on April 18, pushing the price higher and achieving double-digit percentage growth on the weekly timeframe. At the time of writing, POL (formerly MATIC) was valued at $0.214, up over 16% in the last seven days.  In the last 24 hours, the digital currency has increased by almost 9%. These returns have elevated POL into the top ten gainers of the week. The asset has also seen an influx of buying pressure, pushing the market cap to $2.22 billion. POL one-week price and market cap chart. Source: CoinMarketCap POL’s technical outlook However, the bulls’ strength is needed to offset POL’s current dominant bearish sentiment, which could undermine the sustainability of this run.  To this end, the token is trading slightly above its 50-day simple moving average (SMA) of $0.212, showing modest short-term strength. However, it remains significantly below the 200-day SM...

Ethereum Forming a High Probability Bullish Set Up, According to Crypto Analyst – But There’s a Catch

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A closely followed crypto strategist is suggesting that Ethereum (ETH) may be gearing up for a massive breakout. Pseudonymous analyst Inmortal tells his 218,100 followers on the social media platform X that Ethereum looks bullish after holding the $2,400 level as support on the daily timeframe. However, the analyst warns that it may take a while before ETH could potentially have an explosive rally and hit its March high of around $4,000. “I know ETH is the hated coin but: Structure is solid, $2,400 invalidation. Making a lower low feels unlikely. Time cost is what concerns me the most. A lot of better options out there. But even if it takes time, it feels like a high probability setup to go big.” Source: Inmortal/X ETH is trading for $2,525 at time of writing, down slightly in the last 24 hours. Next up, the analyst is expressing bullish sentiment on ETH-based decentralized oracle network Chainlink (LINK). “Believe in something.” ...

Dogecoin Price Prediction: Meme Coin Leader DOGE Tumbles 10% As This Vote-To-Earn Presale Zooms Past $1.2 Million

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The Dogecoin price plunged 10% in the last 24 hours to trade at $0.156 as of 3.30 a.m. EST on trading volume that plummeted 11% to $116.63 million. The DOGE price has been fairly sluggish throughout the summer compared to other major meme coins by market cap. However, the oldest meme coin made up for it with a significant price surge during the second half of October, going from a support at $0.10 to a resistance at $0.18. Now, however, with October, historically one of the crypto industry’s most profitable months, being over, the coin suddenly lost its momentum and its price started tumbling back down. DOGE is already closing in on $0.150, which is a level that acted as a major resistance during the past two weeks. If the bearish pressure continues to grow, DOGE might break this resistance-turned-support in the next few hours. Alternatively, if the level holds until the bulls return, DOGE will likely use it as a foothold to launch its recovery. Dogecoin Price Prediction The ...