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Showing posts with the label investor sentiment

From “Don’t Be Afraid” to “Don’t Be Blind”: What the Fed’s Tone Shift Means for DeFi Traders

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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...

Bitcoin Rainbow Chart predicts BTC price for April 30, 2025

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Bitcoin (BTC) has been on a slow recovery since mid-March. Moves to the upside are limited, and at present, involve multiple unsuccessful attempts to breach local resistance levels before a decisive break ultimately occurs. The leading cryptocurrency, which was trading at $86,470 at press time, is down 9.74% since the start of the year. BTC price year-to-date (YTD) chart. Source: Finbold Prices have bounced off of resistance between $88,470 and $88,200 three times in the past week, while a level of support has been established in the $86,220 to $86,460 range.  Picks for you Hyperliquid (HYPE)-JELLY drama could have sparked a CEX vs. DEX war in crypto 2 hours ago When will Ripple v. SEC case truly end? 3...

Ripple (XRP) Falls 18%: Should You Buy The Dip?

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The cryptocurrency market continues its downward trajectory. Bitcoin (BTC) has slipped to the $82,000 price point. This is the second time BTC has fallen to this price point in 2025. The global crypto market cap has fallen 4% in the last 24 hours to $2.81 trillion. Other assets are also feeling the beating. Ripple’s XRP token climbed to above $3 for the first time in seven years earlier this year. The asset has lost significant traction over the previous few weeks. Also Read: US Bitcoin Loss: $17B Dumped—Trump Vows ‘Never Sell’ With BTC at $80K Ripple’s XRP Falls 18% Amid Bearish Environment Source: Bitget XRP is down 3.2% in the daily charts, 18.1% in the weekly charts, 11.5% in the 14-day charts, and 9.5% over the previous month. Despite the recent dip, XRP has maintained substantial gains in the yearly charts. The asset is up 249.6% since March 2024. Source: CoinGecko Also Read: Trump Advances to Uproot the De-Dollarization Agenda The latest market dip is likely due to un...