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A closely followed crypto analyst says that one mid-cap altcoin looks primed to quadruple by August while updating his outlook on Dogecoin (DOGE) and Solana (SOL). In a new strategy session, crypto trader Ali Martinez tells his 139,600 followers on the social media platform X that Pudgy Penguin (PENGU), the native asset of a non-fungible token (NFT) collection with the same name, appears ready to skyrocket aided by the launch of its upcoming exchange-traded fund (ETF). “Slap yourself if you are sleeping on PENGU. This is a textbook bullish retest. $0.060 by August is just the start. Once the ETF gets approved, who knows how far this can go.” Source: Ali Martinez/X PENGU is trading for $0.019 at time of writing, a 31.4% increase during the last 24 hours. A rise to Martinez’s target would represent a 216% gain for the asset. Moving on to the popular meme asset DOGE, Martinez says that every time it forms a specific pattern, its price tends to ris...

July 4 is an integral part of US history, labeled as the Independence Day of the US. With the US president keeping no stone unturned to strengthen the US economy, the crypto market is also anticipating some moves that could push the market up a notch, especially during the times when festive spirit encapsulates the market holistically. Here’s how high Bitcoin is poised to rise by July 4, 2025. Also Read: Can Bitcoin and Dogecoin Moon If Musk Starts a Political Party? Bitcoin: The Path Ahead Source: Watcher.Guru Bitcoin is one of the most celebrated cryptocurrency tokens out there. The token is a leading entity and has now assumed a bigger role under the leadership of US President Donald Trump. Trump has now officially backed BTC and the digital asset domain, vowing to make America a leader in the global cryptocurrency setup. BIG BREAKING Donald Trump VOWS TO MAKE AMERICA “THE WORLD CAPITAL FOR CRYPTO AND #BITCOIN ” pic.twitter.com/4w3Ubwe8vL — BITCOINLFG (@bitcoinlfgo) September 5...

Bitwise CEO Hunter Horsely says sell pressure on Bitcoin’s price will drop once the leading crypto by market cap reaches $130K per coin. “I think once Bitcoin breaks through, e.g., $130-150k, no one is going to sell their Bitcoin,” he said in a June 11 X post . Bitcoin Sell Volume From Early Buyers “Will Peter Off” Horsely went on to say that the current sell pressure in the market is mainly from investors who bought BTC at much lower prices, and are now looking at the psychological $100K mark as a strategic exit point. The Bitwise CEO added that the pressure from those investors will be short-lived. “Once Bitcoin breaks new levels, this will peter off,” he said, referring to the selling activity. His belief that current sellers are investors who bought in at much lower prices aligns with an earlier observation from on-chain analytics firm Glassnode. Before BTC broke above $100K on May 8, the firm said there was a “notable increase...

Ripple (XRP) has experienced a marginally smaller decline than the rest of the market. The altcoin dropped 1.80% in the previous day and was trading at $0.5587 at the time of publication. However, it should be mentioned that the price surged by 48% following the resolution of the protracted dispute between Ripple and the US Securities and Exchange Commission (SEC). Between Aug. 6 and 7, there was a considerable increase. Despite this, the asset failed to hit the $1 mark. Market Outlook and Analyst’s Prediction Analyst’s Bold Prediction More recently, an analyst’s most recent forecast again gave the market hope. According to cryptocurrency expert Amonyx, XRP may be selling at a low right now, but it is loading what he calls “massive green God candles.” Projected Growth Massive Green God Candles Loading. #XRP pic.twitter.com/v3KCd3Qupz — Amonyx (@amonbuy) August 14, 2024 In a recent X post, he pointed out that XRP could be forming 56 days, or eight weeks, of ...