Dogecoin recently took a dip, but experts think a major price surge is coming soon. Let’s look at why. A Bullish Outlook for Dogecoin Market expert Kevin predicts a bullish future for Dogecoin. He’s basing this on several key indicators: RSI (Relative Strength Index): Dogecoin’s daily RSI has climbed above 43. This is significant because…
Dogecoin’s price has been stuck in a rut lately, even with its impressive year-to-date gains. But what happens when it breaks free? Several analysts have weighed in. A Bullish Outlook Crypto analyst Trader Tardigrade sees good things ahead for Dogecoin. He believes the current price range is just a temporary pause before another upward surge….
Charles Hoskinson, the founder of Cardano, recently gave an update on the platform’s future, focusing on governance issues and plans for 2025. Governance Troubles Hoskinson discussed the ongoing conflict with the Cardano Foundation, highlighting its problematic governance structure. He explained that the Foundation’s original structure, designed in 2014, wasn’t suitable for a decentralized cryptocurrency. Attempts…
A cryptocurrency analyst, known as Rekt Capital, is predicting a potential worst-case scenario for Bitcoin (BTC). While acknowledging Bitcoin’s current upward trend, Rekt Capital highlights historical patterns that suggest a significant correction could be on the horizon. A Dip Below $97,000? Rekt Capital, who correctly predicted a Bitcoin correction earlier this year, points to week…
Crypto analyst Michaël van de Poppe is predicting a huge price jump for Bitcoin. He believes the current bull run is far from over and that Bitcoin could easily reach $500,000. Bitcoin’s Next Big Move Van de Poppe, who boasts a large following on X (formerly Twitter), bases his prediction on a “rainbow logarithmic growth…
A popular crypto analyst, known as Sherpa, is warning about a Solana-based memecoin, Popcat (POPCAT). He says it’s reached a make-or-break point. Popcat at a Crossroads Sherpa, who boasts a huge following on X, shared a chart showing Popcat potentially forming a “head and shoulders” pattern – a bearish signal in technical analysis. This means…
Economist Henrik Zeberg is predicting a Bitcoin price surge, despite a recent 10% dip. He believes the cryptocurrency is poised to break its current record high of around $108,200. Bitcoin’s Peak and Subsequent Plunge While optimistic about a new all-time high, Zeberg cautions that this won’t last. He expects the rally to be short-lived, followed…
Bitcoin’s price has dipped below the $100,000 mark and is currently hanging out between $96,000 and $98,000. Let’s explore why. Strong Support Levels Crypto analyst Ali Martinez points to a key support level between $95,830 and $98,830. A significant number of investors bought Bitcoin around this price, and they’re holding on, preventing a bigger price…
Bitcoin recently dipped after hitting a new high, sparking debate about whether the current bull market is peaking. Let’s look at some key on-chain data to see what’s happening. Key On-Chain Indicators: Here’s a breakdown of various on-chain metrics and what they suggest about Bitcoin’s current market position: 1. MVRV Ratio & Pricing Bands: This…
The Bitcoin price has been dropping, and a key indicator suggests why. Coinbase Premium Index Takes a Dive A metric called the “Coinbase Premium Index” tracks the price difference between Bitcoin on Coinbase (mostly US investors, especially big institutions) and Binance (global users). This helps us see if US investors are buying or selling more…
