Bitcoin entering final stage of major bull trend, crypto analyst says
According to crypto analyst and trader Alessio Rastani, Bitcoin will finalize its upward trajectory toward $100,000 in the next few months. Trader and cryptocurrency analyst Alessio Rastani believes Bitcoin (BTC) is entering the final stage of the current bull market, which will propel the leading cryptocurrency to a $100,000 price target. To explain his prediction, Rastani cited the Elliott Wave Theory, which divides upward price trends into five waves. Rastani believes we have entered the final wave of a bull trend that started at the beginning of 2019 and that should see its top at some....
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Crypto analyst NeverWishing has predicted that the XRP price will rally to as high as $1,115. He highlighted three paths for XRP to reach this target, in what the analyst described as the final bull run for the altcoin. Analyst Maps Out Final XRP Bull Run Rally To $1,115 In a TradingView post, the crypto analyst mapped out three paths for XRP to rally to the $1,115 target. They tagged the first path as the immediate delivery, the second as a normal delivery, and the third as one that will trigger only if the XRP price stays suppressed. For the third path, NeverWishing stated that a final....
A prominent crypto analyst has ignited debate across the digital asset community with a bold macro prediction for the Bitcoin bull market. According to the expert, Bitcoin’s current rally may be the final phase of its first true institutional cycle—and the aftermath could send prices crashing to as low as $30,000. Bitcoin Bull Market Enters […]
XRP is showing signs of hesitation after a strong rebound, struggling to push past key resistance levels. The recent price action fits neatly within an Elliott Wave pattern, suggesting the market may be entering its final consolidation phase before the next major move unfolds. Market Pauses After The Storm CasiTrades, in a recent market update, explained that following last Friday’s sharp wipeout, prices managed to rebound impressively, but that momentum now appears to be losing steam. According to the analyst, such pauses are natural after strong moves. In Elliott Wave Theory (EWT), this....
XRP’s price action in November has dragged it below $2, but technical analysis suggests that the breakdown might not be over. A new technical outlook from crypto analyst CasiTrades suggests that the XRP price is entering the final stages of its corrective structure. The analyst believes the current movements are part of a clean Elliott Wave formation that is approaching its final wave to as low as $2.65 before a major bullish reversal takes place. Related Reading: Dogecoin Goes Wall Street: Grayscale Confirms Nov. 24 ETF Launch XRP Breaks Below Fibonacci Levels As Wave Structure....
With Bitcoin currently fluctuating around the $58,000 and $60,500 levels, determining the flagship cryptocurrency asset’s peak in the ongoing bull run has been a major challenge. However, a crypto analyst has shed light on the current stage of Bitcoin, offering an intriguing prediction about the coin’s potential to hit unprecedented heights in the upcoming months, […]