News with the tag "Elliott Wave theory"

In line with the general crypto market, Chainlink (LINK) registered a significant price gain in the last week rising by 20.41% according to data from CoinMarketCap. Interestingly, X-based market analysts More Crypto Online have rolled out a market condition critical to sustaining this price uptrend....

As Bitcoin (BTC) retests the $90,000 price level after tumbling almost 9% in the past week, institutional investors and corporations are seizing the pullback as an opportunity to increase their BTC reserves. Business intelligence firm MicroStrategy is one such entity, having purchased 2,530 BTC duri...

After a phenomenal 2024, which saw XRP’s price surge from around $0.50 to as high as $2.90, the cryptocurrency is now range-bound, trading at $2.31 at the time of writing. However, a key pattern on the weekly chart suggests that XRP could be on the verge of another significant breakout. Half-Mast Fl...

Elliott Wave Theory offers a method for analyzing market cycles and predicting price movements in the crypto market.

A widely followed analyst and trader is expressing bullish sentiment on an Ethereum (ETH) competitor that has soared by triple digits in half a year. The analyst pseudonymously known as Bluntz tells his 254,100 followers on the social media platform X that Solana (SOL) appears to have completed a sh...

Closely followed crypto analysts say that Bitcoin (BTC) is on the verge of breaking a key resistance level that could spark a big move to the upside. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that if Bitcoin convincingly ...

Closely followed crypto analysts say that a weakening US dollar will lead to a huge rally in digital assets in the near future. Glassnode co-founders Jan Happel and Yann Allemann, who share the Negentropic handle on the social media platform X, say that the dollar index (DXY) is nearing the end of a...

A widely followed crypto analyst is expressing bullish sentiment toward a memecoin that has skyrocketed by triple digits in less than three weeks. The analyst pseudonymously known as Bluntz tells his 237,900 followers on the social media platform X that the meme asset dogwifhat (WIF) bottomed out at...

A widely followed crypto analyst says that one Web3 protocol’s red-hot native asset appears primed to continue its rally. Pseudonymous trader Credible Crypto tells his 356,800 followers on the social media platform X that AIOZ, the native utility token of the AIOZ Network, is near the end of a corre...

A widely followed crypto analyst says that smart contract platform Solana (SOL) has more room to run even after recording triple-digit gains so far this year. Pseudonymous crypto trader Bluntz tells his 230,500 followers on the social media platform X that the Ethereum (ETH) rival could go up by dou...