This Pattern Suggests Bitcoin is Days Away from Making an Explosive Movement
Bitcoin’s incredibly tight and prolonged bout of sideways trading may not last for too much longer and will likely resolve in a massive movement that sets the tone for which direction it trends over a multi-month period. Overall, 2020 has been a turbulent year for Bitcoin, and while its fundamental strength consistently grew, its price […]
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Beneath Ethereum’s recent price stagnation lies a potentially explosive setup taking shape. The emergence of a near-perfect inverse head and shoulders pattern suggests that ETH may be preparing to shake off its sluggishness. This stealthy accumulation pattern, now approaching its make-or-break moment, has historically preceded some of Ethereum’s most dramatic rallies. Ethereum’s current chart structure […]
Bitcoin has seen some immense volatility throughout the past few days, rallying to highs of $15,800 just over a day ago before facing a sudden influx of selling pressure that sent its price plunging to lows of $14,800. This $1,000 movement wiped out over-leveraged positions from both bulls and bears and has resulted in the […]
The XRP price is flashing a bull flag pattern on its weekly chart, hinting at an explosive breakout ahead. A crypto analyst has highlighted $3.6 as the key resistance in this formation, noting that if XRP can clear this level, the path toward an ambitious End of the Year (EOY) target of $23 is expected to come into view, with short-term milestones anticipated along the way. XRP Price Bull Flag Signals Explosive Potential Crypto market expert Stedas has drawn attention to XRP’s weekly chart, highlighting the formation of a classic bull flag pattern, one of the strongest continuation....
AAVE is currently in a recovery phase, successfully breaching the crucial $80 psychological resistance marker to trade at $82.52 at the time of this writing, according to tracking from Coingecko. AAVE manages to move past the crucial $80 resistance marker The altcoin could be looking at a further push all the way up to $116 AAVE continues price pump despite Tron Founder’s massive withdrawal from the crypto’s protocol Over the last seven days, the cryptocurrency managed to tally a price increase of 15.4% as it also goes up by 8% on a month-to-date basis. The bearish momentum that plunged....
Dogecoin (DOGE) is flashing a potential bullish reversal signal as a crypto analyst points to a breakout setup forming on the mid-term chart. The analyst’s chart highlights a tightening Falling Wedge on the 12-hour timeframe, signaling a possible shift in momentum after weeks of sustained decline. With price compressing toward the Falling Wedge’s apex, he has predicted that Dogecoin could soon see an explosive 80-80% price rally. Falling Wedge Pattern Points To Massive Dogecoin Breakout Crypto market expert Clifton Fx has released a new Dogecoin update on X, drawing attention to a clear....