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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...

A widely followed cryptocurrency trader is leaning bullish on a large-cap Ethereum (ETH) challenger, believing that the altcoin is still in an uptrend. The trader pseudonymously known as Altcoin Sherpa tells his 238,400 followers on the social media platform X that Solana (SOL) is primed to go “much higher” over the coming weeks and months. The pseudonymous analyst, however, says that Solana will only rally if Bitcoin (BTC) remains “stable”. According to analysts, any solid pullback by Solana should offer an attractive entry opportunity. Source: Altcoin Sherpa/X Looking at the trader’s chart, he seems to suggest that SOL will meet resistances at $228, $243 and $264. Solana is trading at $198 at time of writing. Next up is the native token of the decentralized open financial system Hyperliquid (HYPE). The pseudonymous analyst says that HYPE could rally by about 129% from the current level before the end of the current cycle. “Wouldn’t exactly c...

A cryptocurrency trader deposited $2.1 million worth of Synthetix (SNX) to Binance on July 20, capitulating from their entire SNX position with approximately $254,000 of realized losses. SpotOnChain data shows the capitulation activity from the whale address ‘0x921‘, suggesting the trader believes in further losses for Synthetix. Usually, crypto whales can have a strong influence on cryptocurrencies‘ price dynamics, so they are worth following for insights. In particular, this crypto trader acquired 1.07 million SNX in four withdrawals at a dollar-cost average of $2.203. These purchases happened from January 31 to August 24 at an estimated cost of $2.35 million. Picks for you Robert Kiyosaki warns 'bad times are coming,' advises how to take care 16 mins ago ...

Bitcoin (BTC) has slightly retraced after an impressive run above $50,000 earlier this week. While the leading cryptocurrency tries to discover its current supports and resistances, altcoins might offer good risk-reward ratios. In the meantime, expert traders discuss their expectations and investment thesis on the altcoin market. An altcoin is any cryptocurrency that is not Bitcoin and usually shows higher volatility. Essentially, investors expect altcoins to outperform BTC in bull markets and underperform the leader in bear markets. The expert trader known as CrediBULL Crypto has commented on these dynamics. In particular, he explained that an Altcoin rally is not necessarily when money rotates from Bitcoin to other cryptocurrencies. Instead, it is mostly fueled by a capital inflow to the whole market, causing larger price increases in smaller market caps. Picked for you Gold crashes below $2,000 but Peter Schiff thinks it's ‘bullish’ 2 hours ago Recession ...

Bitcoin price analysis on both long and short timeframes is now focusing on the importance of the $27,000 mark. Bitcoin (BTC) cruised into a new weekly close on Oct. 15 as “ultra boring” trading conditions still offered hope of a $27,000 breakthrough. BTC/USD 1-hour chart. Source: TradingView "Ultra boring" BTC price may yet surprise at weekly close Data from Cointelegraph Markets Pro and TradingView tracked a typically sideways weekend, with BTC price volatility absent prior to the close. Still acting around the key $26,800 mark, Bitcoin denied traders major trajectory cues, while spot markets were quiet. $BTC Typical weekend algos hunting over exposed positions into CME Futures open around 12hrs from now & weekly open tomorrow Not really any significant flow for this weekend so far, just one spot buyer & perp buyer ~ likely algo pic.twitter.com/z38tKoozK3 — Skew Δ (@52kskew) October 15, 2023 Considering upside potential, Michaël van de Poppe, founder and CEO of...

Investors looking for alternatives to Binance Coin (BNB) and XRP may explore Tradecurve’s TCRV and its exchange. The platform has innovative features that could interest investors. Let’s explore these projects further. >>Register for the Tradecurve presale<< Ripple argued differently in their lawsuit against the SEC Before the court’s ruling, a Ripple executive pointed out the United States Securities and Exchange Commission’s (SEC) lack of internal cohesion on exiting regulations and mentioned previous meetings with its former officials where XRP was not classified as a security.  You might also like: Ripple boss sheds light on SEC and Hinman’s internal documents Ripple’s legal team saw the lawsuit as bad faith and were convinced the agency thrived in regulatory uncertainty. Binance calls out scammers in Nigeria Binance issued a desist order to Binance Nigeria Limited for scamming investors using a fake website.  As a result, ...