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Showing posts with the label altcoin

Analyst Predicts Things Are About To Get ‘Quite Crazy’ for Ethereum, Says Train Will Move Fast for One Red-Hot Altcoin

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A closely followed analyst and trader believes the leading layer-1 platform Ethereum (ETH) is poised for a breakout surge. The pseudonymous trader Inmortal tells his 234,400 followers on the social media platform X that he believes Ethereum is gearing up for a rally toward new all-time high prices. The analyst shares a chart suggesting that ETH has one final resistance level to breach at around $4,000 before erupting to new record levels. “Where we’re going, you won’t need charts. Clean $4,000, and this is going to get quite crazy.” Source: Inmortal/X At time of writing, Ethereum is trading for $3,594. Another altcoin on the trader’s radar is Mantle (MNT), an Ethereum layer-2 scaling solution. Inmortal believes that MNT, which is up about 60% since July, looks primed for a surge toward $1.25. “Keep an eye on MNT. Today we printed a god candle, but I also said this when we were accumulating. It won’t warn you, the tr...

Trader Who Accurately Predicted 2018 Bitcoin Bottom Says One Solana-Based Altcoin Has ‘Very Real Chance’ of Exploding 450%+

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A widely followed analyst and trader who accurately predicted the Bitcoin (BTC) bottom in 2018 is highlighting one crypto asset that could go up by triple-digit percentage points. The trader pseudonymously known as Bluntz tells his 321,100 followers on the social media platform X that dogwifhat (WIF), a memecoin built in the Solana (SOL) ecosystem, could go up by about 472% to reclaim and surpass the all-time high recorded in March of 2024. “Still a lot of work to put in and need to see price action confirm, but I think there’s a very real chance a new impulse back to all-time high on WIF has commenced.” According to the analyst who regularly applies the Elliott Wave theory in his technical Analysis , WIF started a bullish uptrend earlier this month in a five-wave pattern. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction occurs in a three-wave pattern. Based on Bluntz’s ch...

PulseChain: How High Will PLS Rise In May 2025?

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Just a couple of years ago, Richard Heart, HEX, PulseChain (PLS), and PulseX were the talk of the town. But things came crashing down as the US Securities and Exchange Commission (SEC) slapped them with charges of fraud. While all the above-mentioned entities were on the low, a new development in the case brought them back under the spotlight. The SEC dropped its fraud case against all of them. When the SEC decided not to change its complaint by the deadline of April 21, the lawsuit was dismissed. It should be noted that the SEC’s first case was earlier rejected by a federal judge for lack of jurisdiction. Also Read: Shiba Inu: How Long Until $1000 in SHIB Becomes $1 Million? Amidst this, the price of the assets involved, HEX and PLS, took a major hit. PLS dipped by over 50% throughout the past year. The asset went from trading at a high of $0.00009476 all the way to a low of $0.00001756. In addition, PulseChain’s PLS hit this all-time low just 25 days ago in March 2025. Cur...

Trader Says Altcoin That’s Ripped 222% in a Month Still Has Room To Run, Updates Outlook on SOL-Based Memecoin

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A closely followed crypto analyst believes one red-hot meme token operating on Solana (SOL) may continue soaring even higher. Pseudonymous analyst Altcoin Sherpa tells his 243,800 followers on the social media platform X that artificial intelligence (AI)-based Fartcoin (FARTCOIN) may increase by more than 47% from its current value. “Would rather buy higher (break of $1) or lower ($0.70) for Fartcoin. This is either charging up for a big move up to $1.25 or it’s going to pullback, I don’t have a clue where it goes in the short term. What I do know, however, is that this thing is going to go higher later on.” Source: Altcoin Sherpa/X Looking at his chart, the trader suggests FARTCOIN make another attempt to break through resistance at $0.96. However, he says the meme asset may first return to the .382 Fibonacci retracement level at $0.70. Fartcoin hit a low of $0.265 on March 18th and is trading for $0.8542 at time of writing, up 222% in a ...

XRP Price Prediction: AI Sets Price For March 5, 2025

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Ripple’s cryptocurrency XRP was hit with several trials over the past couple of years. From surviving a pandemic to facing the wrath of the law enforcement, the market has seen it all. While most assets were pocketing gains, XRP was sitting on the sidelines. But times are changing as the altcoin broke its seven-year curse and hit a high of $3.39 in January 2025. Throughout the past year, the asset has grown by 250%. While the current market conditions have pulled XRP down, the community is hoping to record a bullish March. Also Read: Shiba Inu Price Prediction: AI Sets SHIB Price For March 5, 2025 XRP’s Daily Price Chart Source: AscendEX Similar to the rest of the market, the price of XRP recorded a massive fall. At the time of writing, the asset was trading at a low of $2.04. This came after the altcoin dropped by 8.37% throughout the past 24 hours. Source: CoinMarketCap Along with its price, the cryptocurrency’s network activity took a huge hit. Ali Martinez, a promi...

Crypto Analyst Says Solana-Based Altcoin Approaching ‘Attractive Levels’ – But There’s a Catch

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A widely followed analyst is leaning bullish on a memecoin built in the Solana (SOL) ecosystem but with reservations. The analyst pseudonymously known as Credible Crypto tells his 462,900 followers on the social media platform X that the dogwifhat (WIF) memecoin is “quickly approaching attractive levels” for a position that can potentially be held till the end of the current cycle. “The region between $0.20 – $0.50 is a place where I would actually consider blind bidding/buying spot for a longer term hold IF I believed that WIF will one day make a comeback. At these levels, the risk/reward is justified for spot buys in my opinion because the upside to prior highs would be, at minimum, a 10x and the downside is relatively limited from this region (unless it simply dies).” The pseudonymous analyst, however, says that he has reservations about WIF due to the prevailing negative sentiment surrounding Solana amid the controversies involving high-prof...

Next Cryptocurrency to Explode, 11 February — BinaryX, Axie Infinity, Qtum, Movement

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Earning significant ROI in a bull market could mean paying attention to the meme coins and Altcoins with explosive potential. However, identifying cryptocurrencies with explosive potential might take some work as most funds are attracted to pumping assets. Today’s article explores the performance of cryptocurrencies that have dominated the gainers list in the last 24 hours. The objective is to identify the next cryptocurrencies to explode and inform investors and traders about each token. Also included in the post is an overview of the market trend of crypto assets, which have the potential to post significant gains in the future. Next Cryptocurrency To Explode  It’s that time in the market when investors and traders take a position to either edge their gains or capitalize on emerging trends. Experts believe investors have a better chance of finding the next cryptocurrency to explode among upcoming crypto projects. Therefore, investors should consider Best Wallet...

One Altcoin Will Outrun Both Ethereum and Solana This Cycle, According to Macro Guru Raoul Pal

Macro guru and Real Vision CEO Raoul Pal is saying that Solana (SOL) is likely to outperform Ethereum (ETH) this cycle but that one altcoin could potentially do even better. According to Pal, one top-20 altcoin by market cap and a relatively new entrant in the layer-1 sector is likely to outperform not just Solana and Ethereum but also Bitcoin (BTC). “My view is that ETH begins to outpace BTC for the rest of the cycle but underperforms SOL and SOL underperforms SUI as SUI is in the ultimate performance stage of adoption – early > proven.” Sui (SUI) is trading at $2.32 at time of writing, up by around 17% over the past week. Bitcoin, Ethereum and Solana are trading at $76,304, $2,949 and $205, respectively – up by 9%, 16% and 21%, respectively, over the past week. Pal says that Ethereum’s outperformance relative to Bitcoin will be driven partly by the fact that the crypto cycle has entered the risk-taking phase. The macro guru further says th...

Ethereum-Based Memecoin That’s Up Over 900% in Seven Months About To Break Out, According to Top Crypto Trader

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A top-50 altcoin by market cap is on the verge of rallying, according to a closely followed trader and analyst. The analyst pseudonymously known as Bluntz tells his 276,000 followers on the social media platform X that the Ethereum-based memecoin Pepe (PEPE) is forming an ascending triangle pattern on the eight-hour time frame. Source: Bluntz/X The pseudonymous analyst further says that PEPE has turned previous resistance levels to support on its journey upwards. “Looks like Pepe has been lagging a bit but with other memecoins perking up over the last 48 hours I think it probably won&#https://cdn.thebittimes.com/images/2024/09/27/e9322f9e4bad0b8194bf252723bff2b3.webp7;t for too much longer.” Based on the pseudonymous analyst’s eight-hour chart, it appears that he is suggesting that Pepe could go up by around 15% from the current level. Source: Bluntz/X Pepe is trading at $0.00000908 at time of writing, up by around 937% from the February low of $0....

Little Known Altcoin Moonwell (WELL) Shoots for the Moon After Coinbase Roadmap Addition

An under-the-radar altcoin is skyrocketing after being added to Coinbase’s listing roadmap. In a new thread on the social media platform X, top US-based crypto exchange platform Coinbase is announcing the addition of decentralized finance (DeFi) protocol Moonwell (WELL) to its suite of products. News of the addition sent WELL flying as it went from a seven-day low of $0.0124 on September 5th to a peak of $0.0173 just a day later, a gain of about 40%. The crypto asset has since retraced and is trading for $0.0170 at time of writing. Coinbase’s listing roadmap was created in 2022 to increase transparency and prevent the front-running of token launches. Moonwell, which was built over Base – the blockchain of Coinbase itself – as well as smart contract parachains Moonbeam (GLMR) and Moonriver (MOVR), launched in 2022 as an open borrowing and lending platform. Moonwell is also interoperable with Ethereum (ETH) layer-2 scaling solution Optimism (OP). Earli...

Those altcoins are in ‘buy zones’: analyst

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Crypto analyst and YouTuber Vance says several alt coins are currently trading in prime “buy zones” and could see significant gains in the near future. In a CryptoBanter YouTube video published on Oct. 27th, Shon pointed out coins like Cardano (ADA), Gala (GALA), and SushiSwap (SUSHI) as being near key support levels and ready for a new uptrend. “Cardano is still one of my favorite ones for the the shorter time frames,” he said, referring to a chart showing Cardano at support around $0.35. “Gala popped — check that trend retest straight back into it. Now I’m happy for another push.” He also highlighted Sushi as a good retest buy, saying “Sushi is going to rocket.” You might also like: Analyst explains catalysts of next Bitcoin bull run Shon explained that he is expecting Bitcoin (BTC) dominance to fall in the near future, which would allow alt coins more room to run. He is preparing to take profits on some Bitcoin ...

Price analysis 10/13: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

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Bitcoin trades in a predictable range, but will the sideways price action tempt altcoin traders to open new positions? A trending move in an asset class attracts traders, while a dull price action drives investors to the sidelines. Bitcoin (BTC) has largely been stuck in a range for the past several months, which could be one of the reasons for the drop in spot volumes. Bloomberg reported on Oct. 11 that Coinbase’s spot trading volume plunged 52% in Q3 2023 compared to Q3 2022. While the short-term remains uncertain, traders need to be watchful because long consolidations are generally followed by an explosive price action. The only problem is that it is difficult to predict the direction of breakout with certainty. Considering that the bulls have not allowed Bitcoin to dip back below $25,000 in the past few months, it increases the likelihood of an upside breakout. Daily cryptocurrency market performance. Source: Coin360 Investing legend Paul Tudor Jones said in a recent interview on...

BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev

Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet. One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s whitepaper was released by ZeroSync’s project lead Robin Linus on Oct. 10 with technical support provided by pseudonymous developer “Super Testnet” — implementing BitVM’s first proof-of-concept and working on expanding BitVM’s capabilities. Upon its release, some industry pundits formed the impression that BitVM would bring DeFi to Bitcoin like what the Ethereum Virtual Machine (EVM) did for Ethereum. Lightning also fall short in the scaling department. It's nowhere near solving scalability. We need more complementary things. > this is just another defi on bitcoin attempt. Again, the motivation behind BitVM by the author was not DeFi. It ...

Price analysis 8/30: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC

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Bitcoin and altcoins are struggling to hold the gains accrued earlier this week, a potential sign that the price breakout was just a response to Grayscale’s victory over the SEC. Bitcoin led the cryptocurrency markets higher on Aug. 29 following Grayscale’s victory in the lawsuit against the United States Securities and Exchange Commission. However, the rally could not be sustained, as analysts cautioned that the victory did not guarantee the approval of a spot Bitcoin (BTC) exchange-traded fund. Still, the victory may prove to be bullish for Grayscale. Glassnode analysts said in an X (formerly Twitter) post on Aug. 30 that the Grayscale Bitcoin Trust (GBTC) could return to a premium next year. It is important to note that GBTC has been trading at a discount to the spot Bitcoin price for the past two and a half years. Daily cryptocurrency market performance. Source: Coin360 In the short term, even though the S&P 500 Index is on a path of recovery and the U.S. Dollar Index has turn...