Bitcoin On The Cusp Of New Price Discovery Rally: Analyst Forecasts Mid-Novem...
As the market recovers, Bitcoin (BTC) is kicking off the weekend on a positive note by reclaiming another crucial support level. Some analysts suggest that the cryptocurrency is setting the stage for a new price discovery rally, which could start sooner than expected. Related Reading: Solana (SOL) ‘Uptober’ Begins With $220 Retest – Is It Ready For Second ‘Expansion Wave’? Bitcoin Eyes Third Price Discovery Uptrend On Friday, Bitcoin jumped nearly 3% to hit a two-month high of $123,894. The flagship crypto has seen a massive recovery from last week’s correction, surging 14% from the local....
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Ethereum has seen some strong momentum throughout the past few days, with buyers taking control as its price now hovers firmly above $1,400 The selling pressure in this price region has been dissipating with each visit, signaling that bulls could be on the cusp of sparking a breakout rally Where the market trends in the […]
Bitcoin (BTC) appears to be gearing up for another price discovery phase. The leading digital asset by market capitalization has gained an impressive 17.4% over the past month, setting a new all-time high (ATH) of $111,980 on May 22. Bitcoin Ready To Enter Price Discovery Mode? According to a recent X post by crypto analyst […]
Dogecoin (DOGE) could be on the cusp of another massive rally, according to an analysis from technical analyst Kevin (@Kev_Capital_TA). He believes the current correction closely mirrors the pattern that set the stage for DOGE’s explosive gains during its previous bull cycle. In his view, the DOGE price crash over the days, measured by percentage, […]
Ethereum has continued seeing lackluster price action while Bitcoin rallies past its critical short-term resistance The crypto is on the cusp of flipping its $390 resistance, however, which could give it freedom to rally significantly higher in the short-term One trader is now noting that a surge up towards $432 could be in the cards if ETH can break above its short-term resistance level This would be a significant rally that potentially puts a firm […]
Crypto analyst Austin has commented on how XRP could record a 1,500% rally to $24 based on an Elliot Wave theory. He also stated that the rally will be swift, which is why the analyst warned investors to be prepared when the current correction is over. XRP Eyes 1,500% Rally To $24 as Analyst Warns Investors To Be Prepared In an X post, Austin shared an accompanying chart showing that XRP could rally to $24 on Wave 5 of an Elliot Wave analysis. Meanwhile, the altcoin is expected to reach between $8 and $14 on Wave 3, which the analyst expects to happen anytime soon. He remarked that XRP is....