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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

A closely followed crypto strategist believes payments altcoin XRP is primed to witness much higher prices after breaking out from a nearly seven-year holding pattern. Analyst Ali Martinez tells his 96,200 followers on the social media platform X that he thinks XRP could print gains of at least 245% from current prices before the bull market cycle expires. Relying on Fibonacci extension levels, which traders use to spot potential exit points, Martinez says XRP could climb a lot higher after shattering a diagonal resistance that has kept the market bearish since January 2018. “To some, XRP looks overbought! To me, it looks undervalued after breaking out of this massive multi-year symmetrical triangle. Conservative target = $8.40 Optimistic target = $48.12.” Source: Ali Martinez/X Zooming in, the trader says XRP has been printing three consecutive bullish continuation patterns, indicating that the altcoin is flashing massive strength. “XRP: t...

Former Goldman Sachs executive and macro expert Raoul Pal is leaning bullish on a large-cap Ethereum (ETH) competitor. Pal tells his 1.1 million followers on the social media platform X that there “literally couldn’t be a more bullish long-term chart” than that of Solana (SOL) on the weekly time frame. “When it breaks higher, it’s going to ACCELERATE.” Source: Raoul Pal/X Based on Pal’s one-week chart, it appears that the macro guru is suggesting that Solana broke out of a descending channel and is now targeting to go above the resistance level around the all-time high price of just above $260. Solana is trading at $240 at time of writing. Next up is Ethereum. According to the former Goldman Sachs executive, Ethereum will experience a “spectacular” rally if and when it breaks out above the upper boundary of a symmetrical triangle pattern that has formed on the weekly time frame. In technical Analysis , a symmetrical triangle pattern is bullish...

Bitcoin (BTC) has shaken off months of stagnation, sparking a breakout that points to a renewed bullish trajectory, with one analyst eyeing a potential surge to $88,000 by the end of 2024. After reclaiming the $65,000 mark, bullish momentum is rapidly building for an “Uptober” rally, driven by strong technical indicators and patterns that mirror previous price surges. Notably, Bitcoin’s current cycle exhibits fractal patterns similar to those seen in past rallies, particularly the surge from October 2023 to March 2024, as highlighted by TradingShot. Picks for you Donald Trump leads over 19% in prediction markets against Kamala Harris 44 mins ago Hermetica, the platform behind Bitcoin-backed USDh, raises $1.7m ...

Meme cryptocurrency Dogecoin’s (DOGE) price movement is signaling a potential breakout with a new all-time high in sight. An Analysis of recent chart patterns indicates that Dogecoin has officially begun its parabolic phase, following a cyclical trend consistent throughout its history, crypto analyst Trading Shot noted in a TradingView post on September 20. The expert observed that Dogecoin had completed an extended accumulation phase, marked by a long period of price consolidation. This phase is a recurring pattern in Dogecoin’s market cycles and typically sets the stage for bullish movement. Picks for you Bybit improves security with AI Risk Engine 2 hours ago Dormant Bitcoin whales activate after 15 years, move millions in ...

A widely followed crypto analyst says that one marquee artificial intelligence (AI) project is primed to skyrocket soon while updating his outlook on two smart contract platforms. In a new strategy session, crypto trader Altcoin Sherpa tells his 223,600 followers on the social media platform X that machine learning platform Fetch.AI (FET), which is a part of the Artificial Superintelligence Alliance, appears ready to spark a rally. “FET breaks out soon, in my opinion.” Source: Altcoin Sherpa/X The trader’s chart indicates that FET would reach a price tag of around $1.50. The prediction appears to have come to fruition as FET is trading for $1.53 at time of writing, an increase of over 15% during the last 24 hours. Moving on to layer-1 smart contract platform Sui Network (SUI), Sherpa says the altcoin’s chart pattern is consolidating, which is what traders would want to ideally see before purchasing an asset. “Even in extremely bull...

Solana (SOL) is poised for more aggressive moves once it breaks out from its current consolidation period. On that note, there are key support and resistance levels that Solana investors and traders should watch moving forward. Technical analysis on the SOL/USD daily price chart shows Solana trading at $159 without a clear direction. This is slightly below the 30-day exponential moving average of $162, another key level to watch for both support and resistance insights. Notably, the most popular Ethereum (ETH) competitor has kept a 2-month price range between $138 and $175. These make key support and resistance levels for Solana, although four deviations occurred—three downwards and one upwards. Picks for you ChatGPT-4o predicts Bitcoin price as U.S. CPI inflation cools 1 hour ago ...