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Showing posts with the label technical indicators

Cardano Market Structure Says Crash Is Coming, But $0.9 Is Still In The Cards

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Solana At A Crossroads: Consolidation Before The Next Major Surge?

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This is the ‘only condition’ stopping Bitcoin from $150,000 top

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Summary ⚈ Bitcoin must hold above $91,400 to reach a potential top around $155,000. ⚈ Rising global liquidity (M2 supply) could fuel Bitcoin’s rally toward $150,000. ⚈ Large exchange outflows and strong technical indicators signal continued bullish momentum. While Bitcoin (BTC) has found momentum above the $90,000 mark, an expert views this position as crucial for the asset to reach a record high of over $150,000. Citing the Pi Cycle Top Indicator, prominent on-chain cryptocurrency analyst Ali Martinez suggested that Bitcoin could climb as high as $155,400 but must maintain a price above $91,400, he said in an X post on April 27. Bitcoin Pi Cycle Top Indicator. Source: Glassnode The Pi Cycle Top Indicator, which tracks the 111-day moving average (MA) against twice the 350-day moving average, is used to predict major peaks in the Bitcoin market. Now, Martinez’s outlook is that the two averages are converging again, signaling a potential top ...

This Bitcoin chart pattern sets a clear path to $140,000 in early 2025

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As Bitcoin (BTC) seeks to claim the $100,000 mark, the asset’s historical price movement signals a potential push toward a new all-time high. The maiden cryptocurrency has been trading within a clear channel-up formation throughout November 2024, echoing a similar bullish pattern seen in November 2023, according to cryptocurrency trading expert TradingShot . As per the analyst, despite resistance near the psychological $100,000 level, historical movements indicate that Bitcoin could break through soon, potentially reaching $140,000 by early 2025. Picks for you AI predicts BNB price for year-end 5 mins ago Backed, Sonic, and Chainlink team up to tokenize Fortlake’s Sigma Opportunities Fund 1 hour ago ...

Brett Price Prediction: BRETT Soars 18% As This Innovative Staking Meme Coin Rival Raises Over $3.4 Million In Presale

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The Brett price surged more than 18% in the last 24 hours to trade at $0.1269 as of 11:24 a.m. EST as investors go long on the Base meme coin . Following the latest increase in the BRETT price, the altcoin’s weekly performance has now soared more than 65%. Brett Price Trying To Challenge The $0.1312 Resistance 4-hour chart for BRETT/USD (Source: GeckoTerminal ) The Brett price is attempting to break above the major resistance level at $0.1312 following a multi-candle positive sequence on the 4-hour chart throughout the last trading day. If bulls are able to push the meme coin above this threshold in the next few hours, BRETT might gain the technical foundation needed to potentially rise to as high as $0.1474 in the coming 24 hours. On the other hand, a rejection from the $0.1312 resistance level could bring an end to the crypto’s positive momentum. Traders might start to exert pressure on the Brett price by opting to take profit in this alternative scenario. BRETT co...

MAGA Hat Price Prediction: MAGA Slumps 6% As US Election Day Gets Underway And Traders Pivot To This PolitiFi Rival With 756% Staking APY

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The MAGA Hat price plunged over 6% in the last 24 hours to trade at $0.0001791 as of 7:29 a.m. EST as investors offload their holdings in the political meme coin. The drop in the MAGA price comes as American voters gear up to vote in today’s US election. Odds of a Donald Trump victory have jumped 5% on Polymarket in the last 24 hours. After the uptick, Trump’s chances of taking the White House stand at 62%. MAGA Hat Price Oscillating Around A Major Price Level 4-hour chart for MAGA/USD (Source: GeckoTerminal ) The MAGA Hat price is hovering around the $0.0001780 resistance level and is attempting to flip the major price level into support. Closing a 4-hour candle above this mark within the next 12 hours could give the political meme coin the foundation needed to rise in the following 24 hours. MAGA might then try to overcome the $0.0002302 barrier to rise to as high as $0.0002908. However, the MAGA Hat price failing to establish a position above $0.0001780 within th...

Dogecoin Price Pumps 6% After Elon Musk Mentions DOGE Department On Joe Rogan Podcast, But Experts Say Consider This Rival Meme Coin For Massive Gains

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The Dogecoin price pumped more than 6% in the last 24 hours to trade at $0.1622 as of 11:24 p.m. EST . The pump came after Elon Musk mentioned DOGE during an interview on the Joe Rogan podcast, referring to the acronym for the Department of Government Efficiency (DOGE) that he might head if Donald Trump is elected president. Such references have often triggered spikes in the Dogecoin price. Dogecoin Price About To Challenge Resistance 4-hour chart for DOGE/USD (Source: GeckoTerminal ) The Dogecoin price has been in a positive sequence on the 4-hour chart in the last 24 hours, and is now attempting to overcome the resistance level at $0.1680. A 4-hour candle close above this threshold within the next 12 hours could give the leading meme coin the foundation needed to rise to as high as $0.1921 in the short term. On the other hand, bears preventing DOGE from breaking above $0.1680 within the next 12 hours could bring an end to the crypto’s positive momentum. This could instea...

EigenLayer Price Prediction: EIGEN Soars 9%, But Experts Say This PEPE Upgrade Might Be The Best Crypto To Buy Now

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The EigenLayer price pumped over 9% in the last 24 hours to trade at $3.72 as of 11:29 p.m. EST as investors go long on the altcoin. Despite the good 24-hour performance, the EIGEN price is still in the red by more than 7% on the weekly time frame. The EigenLayer Price Challenging A Major Resistance 4-hour chart for EIGEN/USD (Source: GeckoTerminal ) The EigenLayer price is attempting to flip the resistance level at $3.7215 into support after it printed a series of higher highs and higher lows in the last 48 hours. Should the crypto establish a position above this major price point, EIGEN could continue climbing through the course of the following trading day to potentially reach as high as $4.6730. However, sellers succeeding in keeping the EigenLayer price below $3.7215 for the next 12 hours might prevent the bullish move from happening. In this alternative scenario, EIGEN could stand the risk of dropping to the $3.0454 support. Technicals Warn The EigenLayer Price Might Pul...

Ethereum Drops 15% Amid Middle East Crisis: Key Insights for Traders

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Ethereum prices have fallen sharply due to the Middle East crisis. The second-largest cryptocurrency saw a 15% decline in the past week. This geopolitical event has disrupted crypto markets, leaving investors uncertain. Let’s clear any confusion up! Scroll down to learn more about the topic. Also Read: JP Morgan Alert: Gold & Bitcoin Surge as Debasement Trade Heats Up Understanding Ethereum’s 15% Drop: Market Volatility, Middle East Crisis, and Investment Risks Geopolitical Tensions Trigger Market Selloff The Middle East crisis began on September 27th. It has shaken global markets, with cryptocurrencies hit hard. Ethereum’s price fell from $2,719 to $2,319 in six days. This 15% drop was worse than the overall crypto market’s 11.2% decline. Increased Staking Activity Amidst Volatility Despite the price drop, Ethereum staking has increased. Over 68,000 ETH, worth about $1.57 billion, was staked in six days. This might show that big investors still trust Ethereum lo...