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Showing posts with the label cryptocurrency analyst

Bitcoin Is Still in a Strong Bullish Trend Despite Losing Major Support Level, Says Trader – Here’s His Outlook

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A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) amid a recent correction. The trader pseudonymously known as Sherpa tells his 246,700 followers on the social media platform X that Bitcoin is still in a “strong bullish trend” despite breaking below the $106,000 support level. According to the widely followed analyst and trader, Bitcoin is primed to “bounce” as there is strong support at around the $104,000 price level. Source: Altcoin Sherpa/X Based on Sherpa’s chart on the four-hour time frame, Bitcoin could fall lower to just above $103,000 and then trade sideways for a while in a consolidation zone. “Things look okay for now, I would expect more pokes around this area but the longer the time spent here, the better in my opinion. You want to see a good low form.” Source: Altcoin Sherpa/X Bitcoin is trading at $105,841 at time of writing. Turning to Popcat (POPCAT), Sherpa says the memecoin built in the Sola...

Analyst Predicts a Major Bull Run For Dogecoin & FLOKI

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Leading pseudonymous cryptocurrency analyst Bluntz has predicted a major bull run for meme coins Dogecoin and FLOKI. The analyst explained that both meme currencies are primed for a bull run and deliver massive profits to investors. Meme coins are known to go ballistic when the markets boom and hit new and unimaginable numbers in the charts. Also Read: Solana Struggles Continue: Will SOL Fall to $150 or Hit $300? Bluntz forecasted that Dogecoin and FLOKI could soon kick-start a rally making present-day investors’ portfolios swell. He shared two charts on X explaining to his 315,000 followers that both the meme coins are printing bullish divergence signals. The signals indicate that the assets are gaining momentum even if their price moves sideways or drops lower. Also Read: Apple iPhone 17 Could Get More Expensive, Thanks to Tariffs Dogecoin & FLOKI: Get Ready For a Bull Run, Says Analyst Source: CryptoNewsZ The cryptocurrency analyst wrote that FLOKI is all set to stage a comebac...

Dogecoin: New Trend Has DOGE Eyeing 200% Surge

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With October upon us, traders have showcased high hopes for the crypto market. Although it has yet to truly live up to those, there is no denying the present potential. That could be echoed in regard to the leading meme coin. Indeed, Dogecoin is currently facing a new trend that could have DOGE surging a remarkable 200%. The crypto has failed to make any major moves in recent months. That lack of activity has the market anxiously awaiting when the tide could shift for the asset. Now, one prominent cryptocurrency analyst is expecting that patience to pay off soon. Moreover, he has noted that the breakout could be unprecedented. Source – Bankrate Also Read: Ripple (XRP) & Dogecoin (Doge) Price Prediction For Mid October 2024 DOGE to Surge? 200% Increase Could be Waiting in the Wings The crypto market has always been led by its most prominent creation; Bitcoin. The token has often steered the ship, and acted as a rising tide that lifts all tokens. For the meme coin sector, Dogecoin h...

1.4 Billion Dogecoin bought by whales in 48 hours as DOGE spikes

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Dogecoin (DOGE) is currently in the midst of a significant spike in volume combined with very rapid price action to the upside. The meme coin, which is up 27.55% year-to-date (YTD) at press time, has seen a 4.30% upswing over the last 24 hours, bolstering weekly gains to a total of 8.89%. At the time of publication,  it is trading at a price of $0.1148. DOGE price daily chart. Source: CoinMarketCap That, in and of itself isn’t necessarily unusual — however, there is something peculiar to be seen when taking a closer look at those volume spikes. Picks for you Crypto expert says XRP looks like a ‘time bomb waiting to explode’ 58 mins ago SHIB price rockets 14% in a day amid stablecoin hype 2 hours ago ...