Analyst: Recent Bitcoin Consolidation Suggests Move Past $40k is Imminent
Bitcoin has pushed higher over the past day, which comes at a time where most major altcoins are all seeing immense upwards momentum Where the market trends next will undoubtedly depend on whether or not BTC and ETH can remain stable or continue climbing higher While sharing his thoughts on where the crypto might trend […]
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The Ethereum price is showing strong signs of a potential breakout, as an analyst predicts a surge to $3,300 in just one week. This forecast shows Ethereum’s projected successful breach of a key resistance level, indicating an imminent price recovery to new highs. Analyst Projects Ethereum Price Recovery To $3,300 Ted Pillows, a crypto analyst on X (formerly Twitter), has shared a super bullish projection for the Ethereum price despite its recent downturn. The analyst projects that ETH can reach $3,300 in just one week, highlighting key technical patterns and changes in price action to....
Moonriver (MOVR) has managed to slip into the background after an incredible run in 2021. The price of the coin crossed $490 at the time, but has since fallen more than 90% from its all-time high since then. After an extended bear period, it is starting to look like this altcoin may never return to its previous glory again. However, this might be wrong as expectations for another bull run for the MOVR altcoin are rising once again. MOVR Ready To Move Out Of Extended Consolidation According to a crypto analyst, the MOVR price may be getting ready to move out of a drawn out downtrend and....
Bitcoin’s price is seeing a slight consolidation phase as it trades around $13,000 The selling pressure around $13,200 has proven to be significant but bears inability to spark any significant retrace points to some weakness amongst sellers If bulls can provide BTC with a strong foothold within this price region, there’s a strong chance that serious upside is imminent One analyst explained in a recent tweet, however, that a technical indicator is suggesting that the […]
Bitcoin has undergone a strong phase of consolidation over the past week. Some fear that this may be a precursor to a strong drop, noting how BTC has formed a swing failure pattern at its highs. One analyst says that based on Elliot Wave, Bitcoin could soon move to new all-time highs. Bitcoin Could Soon Move Past $20,000, Elliot Wave Shows Bitcoin has undergone a strong phase of consolidation over the past week. The cryptocurrency […]
Bitcoin and the entire cryptocurrency market are pushing higher today, which may be coming about to do strength in the stock market This latest move marks an upwards break of the consolidation phase seen as of late, but it is important to note that it has not led BTC past any key technical levels That being said, a move past the resistance in the lower-$11,000 region could be imminent in the near-term One trader is […]