Dogecoin Confirms Daily Trend Reversal With Breakout, Retest And New Uptrend

Dogecoin’s price is entering a new bullish phase after months of decline. Technical analysis of the daily candlestick timeframe chart shows that the popular meme cryptocurrency is flashing a trend reversal, hinting at a significant shift from bearish to bullish momentum.  Analyst Flags Daily Trend Reversal On Dogecoin Chart A prominent crypto analyst known as… Continue reading Dogecoin Confirms Daily Trend Reversal With Breakout, Retest And New Uptrend

SUI Primed For Market Correction – Analyst Sets Target At $2.75

Amid a general crypto market rebound, SUI stood out from the crowd, emerging as the second-highest weekly gainer, rising by 67.21%. The prominent altcoin has been one of the major headliners of the current market cycle, increasing by 192.70% in the past year.  However, certain market technical indicators show that SUI is likely headed for… Continue reading SUI Primed For Market Correction – Analyst Sets Target At $2.75

Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View

Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the sharp recovery from $1,550 that kicked off on Tuesday.  As it stands, the Ethereum price is at an important technical phase after retesting the $1,799 resistance… Continue reading Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View

Polygon Eyes 2x Upsurge From Broadening Wedge Pattern

Polygon is gaining renewed attention in the crypto market following a bullish breakout from a broadening wedge pattern, an encouraging technical formation that often precedes strong upward moves. After weeks of consolidation and choppy price action, POL has decisively moved above the pattern’s resistance line, breathing life back into its short-term outlook.  The current momentum… Continue reading Polygon Eyes 2x Upsurge From Broadening Wedge Pattern

XRP Price Ready To Reach $8 As Consolidation Breaks – Here’s The Timeline

The XRP price is once again making headlines as technical indicators show a solid breakout after months of consolidation. With its recent break in tight price action, a crypto analyst believes that XRP could be preparing to surge above $8, marking a new ATH for the top altcoin.  XRP Price Aims For $8 Target In… Continue reading XRP Price Ready To Reach $8 As Consolidation Breaks – Here’s The Timeline

Bitcoin Continues To Flow Out Of Major Exchanges — Supply Squeeze Soon?

It was quite the coincidence that the cryptocurrency market jolted back to life after Easter Sunday, with Bitcoin leading the way with more than a double-digit gain. While the price of BTC continues to hold above the critical $94,000 level, the premier cryptocurrency seems to be losing some momentum. Unsurprisingly, investors appear to be increasingly… Continue reading Bitcoin Continues To Flow Out Of Major Exchanges — Supply Squeeze Soon?

XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says

A top Korean Elliott Wave expert has forecasted that XRP may move between $10 and $40 over the next few months, which reflects possible gains of as much as 1,726% from current market levels. XForceGlobal, Korea’s first ever certified Elliott Wave analyst, is of the view that the cryptocurrency has entered the completion phase of… Continue reading XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says

XRP Risks Falling To $1.25 Without Critical Price Break – Analyst

Market analyst Egrag Crypto has tipped XRP to fall to $1.25 in the short term, barring a specific price development. Despite a bullish trading week, which saw the altcoin trade at $2.29, the market expert explains that XRP is yet to confirm a market bottom, indicating the potential of a future price fall. Crucial Times… Continue reading XRP Risks Falling To $1.25 Without Critical Price Break – Analyst

Bitcoin MVRV At Critical Breakout Point – Is A Price Rally Imminent?

The last trading week saw Bitcoin produce another price rebound as the premier cryptocurrency moved to reclaim the $95,000 price region. However, bullish momentum seems to have stalled in the past day amidst a minor retracement and an ongoing price consolidation.  Notably, speculations over Bitcoin’s ability to sustain the current uptrend also persist. Interestingly, popular… Continue reading Bitcoin MVRV At Critical Breakout Point – Is A Price Rally Imminent?

Bitcoin Price Could Run Up To $131,000 — But It Must Hold Above This Level

The Bitcoin price has been in a red-hot form over the past two weeks, leading to talks of the premier cryptocurrency reclaiming the significant $100,000 mark. Interestingly, the latest on-chain data suggests that the price of BTC could fly past this level and forge a new all-time high over the coming weeks. What Will Happen… Continue reading Bitcoin Price Could Run Up To $131,000 — But It Must Hold Above This Level