Dogecoin Forms Symmetrical Triangle, Rally On The Horizon?

Amidst a significant surge displayed by Dogecoin (DOGE) recently, popular crypto analyst Crypto Daily Trade Signals has identified a symmetrical triangle pattern in the price movements of the crypto asset, indicating a possible continuation of the present rising trend. Based on the expert analysis, Dogecoin, which has attracted a lot of attention and interest from investors lately, may be preparing to build on its current momentum and make more gains. Significance Of Dogecoin Symmetrical Triangle Pattern A symmetrical triangle chart pattern is a consolidation phase that precedes a forced breakout or decline in price. A new bearish trend begins with a breakdown from the lower trend line, while a new bullish trend begins with a breakout from the upper trend line. Related Reading: Dogecoin Successfully Breaks Out Above $0.153, What Next? According to the analyst, the symmetrical triangle pattern presents a major obstacle for DOGE at the $0.1545 price level. At the same time, the 50-day Exponential Moving Average (EMA) continues to provide support at the $0.1513 level. Even though the current market price is above the 50 EMA and suggests a bullish bias, Crypto Daily Trade Signals noted that Dogecoin has to surpass the resistance level of $0.1595 in order to confirm that the upward trend is continuing.  This perspective is further strengthened by the Relative Strength Index (RSI), which is currently above the 50 EMA and supports a purchasing trend. The post read: Dogecoin has formed a symmetrical triangle pattern, presenting a significant hurdle around the $0.1545 mark. Simultaneously, support persists around the $0.1513 level, reinforced by the 50-day EMA. The expert highlighted that DOGE is at a pivotal point around $0.15100 on the 4-hour chart, indicating a bullish momentum, and an immediate resistance at the $0.15950 mark. The first obstacle to be cleared is the immediate resistance at $0.15950, which is followed by the $0.16980 and $0.18440 levels. Although caution is advised if DOGE drops below the pivot point, the RSI’s current position indicates an opportunity for more profits. Thus far, the upward trend is supported by a firm base provided by the 50-day EMA around $0.15130. Meanwhile, on the negative side, $0.14270 provides immediate support, while $0.13240 and $0.12030 provide additional levels of support, with the RSI at 53, which denotes neutral conditions. Is $12 DOGE Possible? Crypto analyst Javin Marks has also shared insights on Dogecoin’s recent price action, predicting a potential massive rally to $12. According to the expert, based on previous breakouts and runs, DOGE has maintained its broken status once more. Related Reading: Is Dogecoin About to Take Off? Indicators Suggest Upward Momentum Ahead These runs have become bigger one after the other, and the last run recorded over 20,000% upsurge. Given the nature of the runs, Javon Marks anticipates the recent run, which might be in its early stage now, to be bigger than the last one. As a result, the expert experts DOGE to reach $12 or even higher following the run. Also, Marks noted that after the run has concluded, DOGE could see another massive rise of over 7,500%. Featured image from iStock, chart from Tradingview.com

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Cardano Market Structure Says Crash Is Coming, But $0.9 Is Still In The Cards

Cardano (ADA) is flashing mixed signals as its market structure hints at an imminent short-term price crash. While bearish indicators suggest a possible decline, a crypto analyst reveals that the broader trend remains intact, with technical patterns supporting the potential for a rally toward the $0.9 mark. Cardano Price Crash Incoming TradingView Crypto analyst SiDec has released a bearish price forecast for Cardano, anticipating a significant correction toward the $0.75 area in the coming days. This cautious outlook is based on detailed analysis using Elliott Wave Theory, Fibonacci tools, and critical price action zones.  Related Reading: Crypto Analyst Releases Next Potential Targets For Cardano, Is $1 ADA Still Possible? SiDec has stated that ADAs price continues to consolidate after completing a 5-wave impulse move, signaling the end of its upward momentum. Following this strong impulse rally, the cryptocurrency is now exhibiting a classic Elliott Wave behavior, transitioning into a textbook ABC corrective pattern.  The cryptocurrency first experienced a pull-back, labeled as Wave A on the price chart, followed by a temporary recovery in Wave B. According to SiDec, Wave C is expected to complete the retracement pattern, with ADAs final downward move nearing its end.  Currently, technical indicators and price action point to the $0.705 region as a high-probability long entry zone. The TradingView analyst also clarifies where ADA might find solid support during this corrective phase using Fibonacci Retracement zones. The 50% retracement level of the entire bullish 5-wave impulse is positioned approximately at $0.7534 a critical price point that coincides closely with ADAs previous price swing at $0.746. This former resistance level has yet to be revisited, making it a natural support candidate.  The analysis further identifies a 1:1 ABC extension for the anticipated correction in ADA, placing Wave Cs potential crash target around $0.7492. This also creates a tight cluster of technical indicators in the range of roughly $0.75, indicating a strong support zone.  Further supporting this level, the daily 21 Exponential Moving Average (EMA) stands at $0.7455, while the daily 21 Simple Moving Average (SMA) is slightly lower at $0.7347. SiDec has also identified the Point of Control (POC), which marks the price with the highest volume, near $0.7318.  The analyst further highlights that Cardanos anchored Volume Weighted Average Price (VWAP) resides within the $0.75 support zone. At the same time, the Pitchfork tools golden pocket aligns dynamically as support around the same area.  ADA Price Path To $0.92 Holds Firm While SiDec eyes a potential crash to new lows for ADA in the near term, the analysts chart also shows a green zone, with a projected bullish bounce drawn. Following its Wave C crash, Cardano is expected to rebound and approach the $0.92 level.  Related Reading: Cardano Price Set For 300% Explosion With Major Bullish Impulse The TradingView analyst has advised caution around this area, as $0.92 acts as a significant resistance zone and coincides with a prior liquidity zone that could trigger rejection or profit-taking.  SiDec has emphasized that the risk-to-reward ratio around this area will only become favorable once there is clear confirmation, such as an SFP, a bearish engulfing candle, or visible divergence. Overall, if the $0.75 support zone holds, Cardano, which is currently trading at $0.78, could be positioned for a strong recovery toward $0.92 and beyond. Featured image from Unsplash, chart from Tradingview.com

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Dogecoin Successfully Breaks Out Above $0.153, What Next?

Bulls in Dogecoin (DOGE) seem to have stepped up their game as the daily price chart of the biggest meme coin in the world is trending positively, fueling speculations about an impending rally. Kevin Capital, a cryptocurrency market expert and enthusiast has offered insights on DOGE’s price action, confirming an effective break out for the crypto asset, as it surpasses the $0.153 resistance level. Dogecoin Surpasses the $0.153 Resistance It is noteworthy that the crypto analyst Kevin previously predicted that for Dogecoin to move higher it needs to break above the $0.153 level and the 200 Simple Moving Average (SMA) in the 4-hour timeframe. “When it comes to Dogecoin all DOGE needs to do to have a higher chance of playing out the potential inverse head and shoulders is a break above the 4-hour 200 SMA and the $0.153 level,” he stated. Related Reading: Unlocking The Dogecoin Code: One Factor Holds The Key To Its Next Ascent At the time, Kevin noted that DOGE has repeatedly tried to reach this moving average and has been turned down. Thus, should the crypto asset break out of and maintain this moving average, he expects an upswing to the $0.22 price level. According to the analyst, the development has successfully manifested today, as the digital asset has surpassed the $0.153 level and the 200 moving average. Given Kevin’s prognosis, Dogecoin will have to sustain this area to see a further upsurge. If DOGE manages to hold during any prospective backtest and thereafter, Kevin has placed his inverted head and shoulders target at $0.18 and $0.22, if it is within reach. The post read: Update on the Dogecoin chart. We have officially broken above the $0.153 level and the 200 SMA on the 4HR. We need to hold this area on any potential backtest and then .18 cents and the inverse head and shoulders target of $0.22 cents if right in reach. This accomplishment coincides with a spike in the meme coin market’s favorable sentiment, which indicates increased investor trust and interest in these digital assets. With breakouts and decouplings occurring all over the place over the past few days, meme coins had an eye-catching start to the week. Several Support Levels For DOGE And Their Significance Dogecoin’s recent price upswing has triggered an optimistic outlook from multiple crypto experts. Another analyst who has shared a positive prediction for the meme coin is Crypto Daily Trade Signals. Crypto Daily Trade Signals has delved into the current support levels for DOGE and the potential price trajectory following a breakout. According to the channel, the 50-day EMA at $0.1652 is serving as a resistance level at the moment. Should DOGE break past this barrier, it could trigger the start of a bull run for the coin. Related Reading: DOGE Price Prediction Dogecoin Reaches Make-or-Breaks Levels Furthermore, the channel noted that the 100-day EMA around $0.1434 is presently offering support, indicating that DOGE has a cushion against additional drops. Meanwhile, the 200-day EMA is acting as a strong long-term support level at $0.1237. During the time of writing, Dogecoin was demonstrating an upward momentum of over 6% in the past week, trading at $0.1549. Its trading volume and market cap have both increased by over 11% and 3% respectively in the past day. Featured image from iStock, chart from Tradingview.com

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Analyst Pinpoints $61,500 As Critical Bitcoin Price Level To Monitor

Amidst the recent decline in Bitcoin’s price and the general cryptocurrency market, popular cryptocurrency analyst and enthusiast Titan of Crypto has highlighted the $61,500 price level as a crucial threshold to watch for the largest cryptocurrency. Titan of Crypto analysis examines the aforementioned level as a pivotal point for Bitcoin that could determine the coin’s next price trajectory. $61,500, A Level To Watch For Bitcoin Today, May 14, BTC witnessed a sharp decline to nearly $61,500, demonstrating little momentum for a price recovery. While many would see this as a worrying development, Titan of Crypto considers it a noteworthy development. He sees this level as significant and is one to watch out for for Bitcoin. The crypto expert further warns of an impending volatility in the market around Federal Reserve Chair Jerome Powell‘s speech later today. Thus, Titan of Crypto has urged the community to remember that it’s better to hold off on making decisions until after the BTC daily candle closes and until the next one confirms the previous one. The post read: Bitcoin $61,500 is the level to watch. Expect volatility in the markets around today’s Powell speech. In any case, remember it’s wiser to wait for the BTC daily candle close and confirmation with the following one before jumping to a conclusion. Although the expert anticipates volatility for Bitcoin, he is confident that the crypto asset’s bull run is far from over, suggesting a movement on the upside is still possible.  Related Reading: Why Bitcoins Post-Halving Rally Is Certain, Analyst Explains According to Titan of Crypto, Bitcoin’s Risk-Adjusted Return Oscillator (RAR) indicator has recently moved into the overbought area. However, the analyst asserts that this does not call for alarm, given that Bitcoin took over eight months to peak following the development based on previous bull cycles. Looking at Bitcoin’s price action from the daily timeframe, the expert confirms that the digital asset is “looking good.” As a result, BTC is following the bullish target to unprecedented heights, specifically around $112,185. “This game is a zero-sum game where impatient people give their money to the patient,” he added. Possible Retracement To $62,000 While Titan of Crypto anticipates a rally, Ali Martinez, another crypto, has predicted an early price retracement. The expert has highlighted the possibility for BTC to decline to $62,000 in the short term. According to the analyst, the 4-hour chart’s 200 Exponential Moving Average (EMA) appears to be rejecting Bitcoin, whereas the TD Sequential indicator suggests a sell signal. Should the development be confirmed, Martinez expects BTC to drop to $62,000.  Related Reading: Bitcoin Bearish Signal: Analyst Predicts Potential Dip To $52,000 However, for BTC to witness an upward movement, it needs to maintain a 4-hour candlestick close above the $64,000 threshold. Thus, with the coin trading below the $62,000 level, Martinez’s prediction appears to have already manifested. At the time of writing, the coin was trading at $61,512, indicating about 1.98% in the past day. Its trading volume was up by 9.67%, while its market cap was down by 2.65% in the last 24 hours. Featured image from iStock, chart from Tradingview.com

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Is The Bitcoin Run Over? Analyst Anticipates Further Upside

In the midst of recent market turbulence and widespread speculation about the future of Bitcoin, cryptocurrency analyst and trader, Crypto Jelle has offered an optimistic outlook for BTC, affirming that the crypto asset’s bull run is far from over, indicating its potential to rally even further in the upcoming months.  The Strength Of Bitcoin Is Underestimated Crypto Jelle’s analysis delves into Bitcoin’s current consolidation and the significance of the level. Following the recently concluded fourth Bitcoin Halving event, many people expect BTC to display immense price movement on the upside. However, the coin has not fully lived up to the expectations of several community members and crypto enthusiasts due to its present price consolidation. According to the Crypto Jelle, these people are actually underestimating how strong Bitcoin has proven to be thus far in this cycle. Jelle pointed out that the Halving event was only a few weeks ago, and BTC has been consolidating around the prior cycle’s all-time highs for several months now, suggesting a noteworthy development in comparison to past trends. As a result, the analyst believes the Bitcoin bull run is not over yet, predicting prices to reach a 6-digit level in the foreseeable future. The post read: People underappreciate the strength Bitcoin has shown so far this cycle. The halving event happened mere weeks ago, and yet we’ve been consolidating around the previous cycle ATHs for months. This run is not over. Bring on 6-figure BTC. Addressing the recent price corrections, Jelle claims pullbacks in the bull market are essential in order to rid the markets of enthusiasm and greed. Following weeks of Bitcoin gradually declining, particularly by 23%, market optimism has subsided, and it is now seen as audacious to be bullish.  Related Reading: Timing The Breakout: When Will Bitcoin Escape The Post-Halving Consolidation? Thus, Crypto Jelle underscores that the potential of this market to surge higher lies within the crypto community members’ confidence in the market amidst troubling times like this. The crypto analyst highlighted that Bitcoin is still trading within a 7-year-old channel. Should this post-Halving consolidation mirror past trends, the expert is confident that the best is still to come, predicting a break out from the 7-year-long channel could send BTC to the $100,000 price level. BTC Price Action Looking Good Crypto Jelle has also identified some indicators that show BTC’s price action today is looking good. Drawing attention to the 100-day Exponential Moving Average (EMA), Jelle pointed out a bullish MACD cross below the zero line, marking the first higher low in a longer time. Due to this, Bitcoin’s price looks promising as it is almost done with its full reset. Related Reading: Why Bitcoins Post-Halving Rally Is Certain, Analyst Explains Also, looking at the 21-week EMA, the crypto asset has pulled back into the key support level at $62,408. Jelle, on the other hand, does not consider this development as one to be worried about, urging investors to stick to their Bitcoin investment. Presently, Bitcoin is demonstrating a bullish momentum, rising from around $60,790 to about $63,100. At the time of writing, BTC has increased by over 2% in the past day, trading at $62,570. Its market cap has also risen by 2.41%, while its trading volume is up by 69% in the last 24 hours. Featured image from iStock, chart from Tradingview.com

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Is the altcoin market set for an explosive rally? Analysts eye these 3 indicators

Although the altcoin market cap has declined nearly 20% over the past month, traders remain bullish, anticipating that an explosive rally phase is yet to come.

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Bitcoin Milestone Ahead? Analyst Forecasts New Peak This Month

In the face of a general market decline and pessimism, Captain Faibik, a cryptocurrency expert and enthusiast, has emerged with an optimistic outlook for Bitcoin (BTC) foreseeable future trajectory, predicting that the crypto asset could rise to a new all-time high before this current month closes.  Bitcoin To Reach New All-Time High In May Faibik’s analysis, which is based on his in-depth knowledge of cryptocurrency dynamics and a sharp eye for market trends, explores the possibility of a large short-term rise in Bitcoin. According to the analyst, Bitcoin is at a key junction currently testing the daily Moving Average 100 (MA100) level once more after recovering from it in the past. Historically, the crypto asset has found considerable support at the 100MA level. Should BTC recover from this point on, Captain Faibik anticipates a significant rise on the upside in the upcoming days. Thus, he expects the digital asset to reach a new all-time high within the month. The post read: Last time, BTC bounced back from the daily MA100, and now it is testing it again. If it bounces back from here, we can expect a Bullish Rally in the coming days. New All the High could be incoming this month The crypto analyst noted Bitcoin’s price action in the daily timeframe also suggests that a bullish rise is on the horizon. Faibik stated that on the daily timeframe chart, BTC is still moving above the major trendline and inside the green box indicated in his chart. As a result, the analyst expects BTC to undergo a quick comeback. Related Reading: If History Repeats, This Is How Bitcoin Price Will Perform In The Next 6 Months Another notable finding from Captain Faibik is that the daily Relative Strength Index (RSI) has been drifting below a trendline that has been in place for some months. Although this might indicate a brief waning of positive momentum, Faibik interprets it as a sign of an impending price recovery for Bitcoin. Given that BTC is still moving inside the bullish flag pattern, the expert anticipates a bounce back towards $68,000 in the upcoming days. $100,000 Price Target For BTC Captain Faibik’s most bullish target for BTC recently is the $100,000 price mark. Last week, Faibik pointed out key narratives that could catalyze Bitcoin’s price to $100,000 in the coming months. According to the expert, the presence of bullish investors in the market was the reason why BTC was trying to make a comeback in the previous week. Thus, for a significant price increase to $100,000, these investors must retake the crucial resistance level of $72,000. Related Reading: Bitcoin Long-Term Outlook: Analyst Foresees Peak In Late 2025 Furthermore, Faibik highlighted that BTC Bulls have solidly secured the weekly Exponential Moving Average (EMA) 10 following the October 2017 Descending Channel breakout. Due to this, the crypto analyst is setting $100,000 as the digital asset’s next price target. Following a decrease of more than 13% over the previous 7 days, the price of Bitcoin is currently trading at $57,701. In the last day, its market cap has plummeted by over 6%, while its trading volume has increased by about 61%. Featured image from iStock, chart from Tradingview.com

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Bitcoin Resurgence: Analyst Foresees $69,000 Target In Near Term

Crypto Jelle, a cryptocurrency analyst and aficionado, has expressed optimism toward the price action of Bitcoin, highlighting the potential for the digital asset to revisit the $69,000 threshold in the short term. Bitcoin Poised For Short-Term Gains Due to waning interest in the cryptocurrency market, the price of Bitcoin fell by 5.60% to $66,650. However, [...]

The post Bitcoin Resurgence: Analyst Foresees $69,000 Target In Near Term appeared first on Crypto Breaking News.

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PEPE Price Breaks Ascending Triangle To Target Another 20% Crash

The PEPE price has taken a sudden bearish turn after breaking out of an Ascending Triangle pattern. In light of this breakout, a crypto analyst has predicted that PEPE could face a massive 20% price crash if it fails to hold above a critical resistance level.  Bears Threaten 20% Crash In PEPE Price PEPEs price action has swiftly reversed from bullish to bearish, marked by a negative Change of Character (CHoCH) following its breakout from an Ascending Triangle pattern. Notably, PEPEs CHoCH is highlighted where the price broke below previous support, indicating a significant structural shift to the bearish zone as buyers lose momentum.  Related Reading: PEPE Price Enters Oversold Levels On Daily Timeframe, Heres What Happened The Last Two Times According to pseudonymous TradingView analyst MyCryptoParadise, bears could seize control of PEPEs price as it approaches a crucial resistance zone at $0.000008. The analyst has suggested that if the meme coin fails to break above the resistance, it could result in a 20% crash to lower support levels.  The first minor support level at $0.0000065 is highlighted in the green line on the analysts price chart. Should bearish momentum persist, PEPE could drop further, trapping late buyers and extending its correction phase. The analyst has pinpointed a much deeper support zone at $0.0000055, serving as a crucial defense against a stronger price breakdown.  A major factor supporting PEPEs projected price crash is the alignment of its key resistance level with several bearish elements. The TradingView analysts price chart shows that PEPEs $0.000008 resistance coincides with a 200 Exponential Moving Average (EMA), which acts as a dynamic resistance. The 200 EMA is often a reliable indicator of long-term trend shifts, and its overlap with the resistance adds strength to the bearish outlook.  The resistance also coincides with a Fair Value Gap (FVG), a region where liquidity has been left untested, suggesting that price could be drawn back to fill this gap. Lastly, PEPEs critical resistance level intersects with a Fibonacci Golden Zone, a key retracement level where price reversals often occur, further signaling the potential for a downturn.  Potential Breakout Scenario While MyCryptoParadise projects a 20% correction for the PEPE price, which is currently trading at $0.00000698, he also shared a possible bullish scenario in which the meme coin surprises traders with an upward breakout. The TradingView analyst has projected that if PEPE manages to close a candle above the $0.000008 resistance, his bearish thesis could be completely invalidated. Related Reading: Analyst Says PEPE Price Must Break This Resistance Level For 150% Surge Toward ATHs In this case, the market should anticipate a continuation of the uptrend, with the next price target potentially reaching $0.0000085 and beyond. However, for bulls to break through this resistance level, strong volume and momentum are required. Given that Pepes price is still in the red, this bullish scenario seems like a less likely scenario for now. Featured image from Adobe Stock, chart from Tradingview.com

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PEPE Rising Trendline Holds Firm: A Reliable Launchpad For Price Rally

UniChartz recently pointed out on X that PEPE is respecting a rising trendline with remarkable consistency, highlighting strong underlying bullish strength. Multiple clean touches along the trendline show that buyers are firmly in control, stepping in at key moments to defend support levels. This pattern of repeated validation is a powerful technical signal, often seen in sustainable uptrends. The firm hold above the trendline suggests that market sentiment remains positive, with bulls maintaining momentum even during minor pullbacks. UniChartz emphasized that as long as PEPE continues to honor this rising support, the potential for further upside rises. A solid foundation like this often acts as a springboard for the next major rally. Key Support Holds Strong: Why This Trendline Matters According to UniChartz, PEPE’s price recently staged another strong rebound off its rising trendline, once again confirming it as a critical area of support. This bounce occurred just above a major horizontal support zone, reinforcing the idea that buyers are stepping in aggressively at key levels to defend the uptrend. Related Reading: PEPE Price To Bounce 796% To New All-Time Highs In 2025? Heres What The Chart Says Adding to the bullish setup, UniChartz noted that the MACD indicator is beginning to turn positive, signaling growing bullish momentum. The strengthening MACD crossover typically precedes larger upward moves, hinting that PEPE could be gearing up for another leg-up. At the moment, PEPE is closing in on a crucial test of the 100 EMA resistance. A clean and decisive breakout above the 100 EMA could serve as a major catalyst to the next key resistance area overhead. If momentum continues to build, PEPE might soon find itself charging into higher territory. Where PEPE Could Rally Next PEPEs current price action is setting the stage for a potential rally as it continues to respect key support levels, particularly its rising trendline. The immediate focus is on overcoming the 100 EMA, which has proven to be a major resistance in previous attempts. A successful breakout above this level could trigger a sharp upward move, pushing PEPE toward the $0.00001152 zone, a critical price point that has historically held as a major hurdle. Related Reading: PEPE Bulls Regain Control As Price Stays Above Moving Average If the bulls maintain their momentum and clear this initial resistance, the next key targets are the $0.00001313 and $0.00001731 levels. These zones, derived from past price action and Fibonacci retracements, represent significant obstacles that PEPE must overcome. Given the strengthening bullish indicators, such as the MACD and ongoing support from the rising trendline, PEPE appears well-positioned for a breakout. Surpassing these resistance levels would mark a significant shift, paving the way for more gains in the near term and confirming the continuation of the bullish trend. Featured image from Adobe Stock, chart from Tradingview.com

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Analysts Identify Key Scenario For Bitcoin Hitting $100,000

Prior to the Bitcoin Halving event, BTC’s price saw considerable instability, but it has since rebounded, reaching the $66,000 level, triggering bullish predictions from top crypto analysts regarding the coin’s future path. Captain Faibik, a crytocurrency analyst and trader, has emerged with an intriguing prediction, underscoring a narrative that could potentially propel the price of Bitcoin to the coveted $100,000 mark in the upcoming months. Bitcoin Poised For A Notable Rally To $100,000  According to Captain Faibik, Bitcoin has managed to hold the $60,000 support level in the wake of bullish investors in the market. As a result, the largest crypto asset by market cap is currently making a strong comeback. Related Reading: Is The Bitcoin Bloodbath Over? Analysts Say $60,000 Is The Cycles Bottom These bullish investors, according to Faibik must reclaim the crucial $72,000 resistance level in order to see a major rally to the $100,000 price level. This scenario acts as a ray of hope for the cryptocurrency community, igniting speculations and influencing projections about Bitcoin’s potential for future growth. Given the anticipated impact of the Bitcoin Halving and bulls, the $72,000 level could be realized in the short term. The expert previously highlighted that the Bitcoin weekly candle closed above the Exponential Moving Average (EMA) 10, demonstrating that the bulls are still very much in charge of the market. Following the Descending Channel break out in October last year, BTC Bulls has firmly secured the weekly EMA10, prompting the crypto analyst to put his next price target for the digital asset at $100,000. Faibik also noted that the daily Relative Strength Index (RSI) for Bitcoin has emerged from a falling wedge pattern. This breakout suggests that a 15% to 20% bullish rally in Bitcoin’s value is on the horizon. Meanwhile, in the daily timeframe, a bullish flag formation is underway, and in the event of an upward breakout from the bullish flag, Faibik anticipates a new all-time high for Bitcoin by May. Is A $1.5 million Price Level Possible For BTC? One of the most bullish predictions for Bitcoin this year came from Ark Invest Chief Executive Officer (CEO) Cathie Wood. The CEO foresees the digital asset to rise by over 2,000% reaching a whopping $1.5 million by 2030. Related Reading: ARK Invest Pivots To Bitcoin As Cathie Wood Expects BTC Price To Explode During an interview in Hong Kong, Wood reiterated her projections for BTC, which were supported by a thorough investigation that included institution surveys and evaluations of market volatility. She stated: I have been asked this question from different angles, and our analysis from multiple perspectives indicates that by 2030, Bitcoin could rise to $1.5 million. This price prediction is based on a survey of institutions, using a discount rate and volatility analysis. Initially, Wood’s forecast for Bitcoin was estimated at $600,000 in the next six years. However, considering the effect of the Bitcoin Spot Exchange-Traded Funds (ETFs), she now believes the coin has the potential to hit $1.5 million. Featured image from iStock, chart from Tradingview.com

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PEPE Shows Strength With A Firm Grip Above This Key Support Zone

PEPE is flexing its technical strength after successfully flipping the key 50 Exponential Moving Average (EMA) into support, a move that has caught the attention of bullish traders. Following a solid close above this crucial level, the meme coin is now showing signs of sustained momentum, suggesting that bulls may be gearing up for the next upward move.  The price action reflects renewed confidence in PEPEs short-term structure, with buyers defending the breakout and positioning for further upside. As the broader market steadies, PEPEs resilience could mark the beginning of a fresh rally. PEPE Breakout Potential Grows With Structure Intact In a recent update shared on X, UniChartz highlighted that PEPE has successfully closed above the 50-day EMA, following a decisive reclaim of a key resistance zone that previously served as solid support. This move is a notable technical development, as it signals growing bullish momentum and hints at a possible trend reversal taking shape. Related Reading: PEPE Price To Bounce 796% To New All-Time Highs In 2025? Heres What The Chart Says The breakout above the 50 EMA is often viewed by traders as a shift in market sentiment, marking a transition from bearish pressure to potential upward continuation. With this zone now acting as support once again, PEPE appears to be regaining traction. If buyers continue to defend this level and volume increases, it could open the door for further upside in the near term. He also noted that the Relative Strength Index (RSI) is on the rise and currently hovers around the 63 mark, reflecting growing buying momentum but not yet overbought. This positioning suggests that buyers are gaining control, with room for more growth before any major correction pressure sets in.  In conclusion, he emphasized that if PEPE continues to hold above the recently reclaimed zone and maintains its position above the 50-day EMA, it will trigger a sustained upward move toward previous highs. This stable footing would likely reinforce bullish confidence in the market. Bullish Continuation On The Horizon PEPEs recent price action is sending strong signals that a bullish continuation may be taking shape. With the price holding firm above a key support zone and the 50 EMA acting as dynamic support, the meme coins future outlook seems promising. Momentum indicators like the RSI have risen, showing growing buyer interest without overextension. Related Reading: Analyst Says PEPE Price Must Break This Resistance Level For 150% Surge Toward ATHs If PEPE maintains its grip on the current support and buying volume picks up, the stage could be set for an upswing with a potential retest of the $0.00001152 resistance level. A decisive break above this barrier may open the door for further gains, with the next key target lying around $0.00001313. Featured image from Adobe Stock, chart from Tradingview.com

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Heres What Happens If The XRP Price Closes Out This Week Above $2.25

XRP is back trading above, $2, and bullish momentum is gradually creeping back compared to its price action at the end of March and beginning of April. Crypto analyst EGRAG CRYPTO believes this week could highlight a turning point for a full flip into bullish momentum, and how the XRP price closes out the week will be very important. According to the analyst’s outlook, which was posted on social media platform X, the current XRP candle on the weekly timeframe is hovering just above both $2.10 and the 21-week Exponential Moving Average (EMA). However, he noted that the real confirmation lies with if XRP can manage to close the week with a full-bodied candle above $2.25. Why Is $2.25 Important For XRPs Price? The $2.25 level has now become more than just another short-term resistance. It is what EGRAG considers the final barrier to validating the recovery structure forming after March and Aprils sharp retracement. His weekly chart shows XRP climbing out from a significant low after bouncing off the 0.888 Fib extension level and now stabilizing above the yellow 21-week EMA line. Related Reading: XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce The alignment of XRP’s price above both the $2.10 price level and this moving average adds credibility to the potential of a bullish continuation, but EGRAG makes it clear that a weekly close above $2.25 is the lock-in point. From a technical standpoint, this would mark the first full-bodied weekly candle above the 21W EMA since the past four weeks. If achieved, this can be interpreted confirmation that bulls have regained dominance and that a bottom was established on April 7. Furthermore, it suggests that the April 7 bottom will continue to hold as support going forward. The chart also outlines close price targets at $2.51 and $2.60, with Fibonacci extension levels projecting even higher zones at $2.69 on the way to crossing back above $3. Failing To Close Above $2.25 Could Reintroduce Unwanted Narratives EGRAG also issued a cautionary note in case there isn’t a clean breakout. Should XRP fail to close the weekly candle above $2.25, he warned it could trigger a return of bearish narratives, including what he referred to as a possible tariff issue. This is referring to the recent tariff back-and-forth between the US and China in the past month, which has unbalanced the investment markets. Related Reading: Crypto Pundit Reveals What Will Happen If XRP Price Does Not Break $2.3 A strong rejection could see the XRP price pull back toward the $1.96 Fibonacci level or even lower into the broader support band of around $1.58 to $1.30. The white box region on the chart above would then become the primary battleground for bulls and bears if a close above $2.25 is not secured by the end of the week. Featured image from iStock, chart from Tradingview.com

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XRP Price To Hit $45? Heres What Happens If It Mimics 2017 And 2021 Rallies

XRP has staged an impressive recovery to reclaim the $2 price level after plunging to a weekly low of $1.657 in a steep midweek correction. The rebound comes at a crucial time for the cryptocurrency, with analysts paying closer attention to historical price behaviors and bullish technical patterns. Among them is EGRAG CRYPTO, a popular XRP analyst on X, who believes that the cryptocurrency could be on the cusp of a monumental surge reminiscent of its previous bull cycles in 2017 and 2021. The Power Of Time Cycles And Exponential Moving Averages EGRAGs technical analysis focuses on a recurring structure seen in XRPs past cycles, using the 21-period Exponential Moving Average (EMA) and 33-period Moving Average (MA) on the biweekly timeframe. According to his analysis, which was revealed on social media platform X, both the 2017 and 2021 rallies were preceded by similar technical setups: a sustained bottoming process lasting around 770 days followed by a bullish reversal. Related Reading: This Analyst Correctly Called The XRP Price Crash, Here Are The Next Targets These phases were marked by what he described as blow-off tops, where XRP posted parabolic gains after bouncing off the 21 and 33 exponential moving averages. The current market structure, EGRAG noted, aligns closely with those previous cycles. After a prolonged bearish trend and a second recorded bearish cross in 2022, XRP has once again moved above both the 21 EMA and 33 MA. In his view, this sets the stage for a similar breakout scenario, one that could play out before the end of 2025. EGRAG uses this pattern to suggest a timeline of roughly 770 days from the last major crossover in early 2022, placing the projected breakout target around September 29, 2025. XRP Can Surge To $45 Interestingly, EGRAG’s price prediction based on the premise of how a similar 2017 or 2021 movement can play out for XRP. In 2017, XRP posted a rally of approximately 2,700%, and in 2021, a slightly lower surge of about 1,050%. By mapping those gains onto the current price structure, EGRAG predicted two potential targets: a more conservative $19 level and a bold $45 level. Between these two targets is a mid-range target of $27 which he has previously favored. Related Reading: XRP Price Nears ABC Correction With Clear Targets For Buying However, the analyst warned that while chart patterns offer insight, they are not perfect predictors. In his own words, Will it rhyme exactly? No, because if it were that easy, everyone would be a multimillionaire. Still, the emotional patterns of market participants, human reactions and behaviors, tend to repeat to create opportunities where a previous price action might play out again, even if not 100%.  The analyst ended his analysis with a strategic note to long-term holders and short-term traders alike, consider a Dollar-Sell-Average (DSA) approach when the XRP price starts to climb.  At the time of writing, XRP is trading at $2.04, up by 2.6% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com

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Bitcoin Marks 114 Weeks In Active Buy Signal On The SuperTrend Weekly, But Things Could Turn Bad If This Happens

Crypto analyst Tony Severino has provided an update on the Bitcoin price action. The flagship crypto is now eyeing a bullish reversal, but the analyst warned of how things could still go wrong for BTC and mark the end of the bull run.  Bitcoin Marks 114 Weeks In Active Buy Signal In an X post, Severino revealed that Bitcoin is still in an active buy signal on the SuperTrend weekly. He added that BTC has been in this buy signal for 114 weeks and roughly 800 days. This is undoubtedly a huge positive for the flagship crypto, especially as it looks to reclaim the psychological $90,000 level and rally to new highs.  Related Reading: Is Bitcoin Price Headed For $70,000 Or $300,000? What The Charts Are Saying However, the crypto analyst warned that a sell signal would be a strong sign that the bull run has ended. His accompanying chart showed that the sell signal could send BTC into a Supertrend DownTrend, with the flagship crypto dropping to as low as $22,000 in what could mark the peak of the bear market. Crypto analyst PlanB recently affirmed that the bear market is not here yet. Instead, he believes Bitcoin is still in the middle of a sustainable uptrend and predicts that the flagship cryptos price could double this year. This could lead to a parabolic rally to as high as $180,000 for BTC. Experts like Standard Chartered have also predicted that a rally to $200,000 this year is achievable.  In the meantime, the focus will likely be on how the Bitcoin price reacts to Donald Trumps reciprocal tariffs, which will go into force on April 2nd. The previous tariffs sparked a wave of sell-offs, causing BTC to drop to as low as $77,000. However, there is also the possibility that Bitcoin has priced in this development and could avoid any further downtrend when the tariffs are implemented on April 2nd.  A New ATH This Year Is Possible  Crypto analyst Titan of Crypto has also affirmed that Bitcoin could see a new all-time high (ATH) this year. This came as he remarked that BTCs uptrend is intact and that the flagship crypto reacted strongly around the weekly 50-day Exponential Moving Average (EMA). His accompanying chart showed that Bitcoin could reach a new ATH of $121,000 before the year runs out.  Related Reading: Analyst Says Bitcoin RSI Dominance Needs To Crash To This Level For The Bull Run To Resume In another X post, he again predicted that Bitcoin could reach this target while revealing a Bump and Run pattern which was forming for the flagship crypto. Titan of Crypto asserted that the Uphill run will be epic. A positive for BTC is that whales are actively accumulating. Crypto analyst Ali Martinez revealed that over 22,000 coins were withdrawn from exchanges in the past week.  At the time of writing, the Bitcoin price is trading at around $87,500, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

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Solana Price To Drop To Double Digits? Major Levels To Watch For Entries

Crypto analyst SiDec has raised the possibility of the Solana price dropping to double digits. The analyst revealed major levels to watch for entries as market participants brace up for this massive crash.  Major Levels To Watch As Solana Price Risks Drop To Double Digits In a TradingView post, SiDec highlighted the range between $136 and $143 as the major resistance zone for the Solana price. Meanwhile, he stated that between $102 and $98 is the next major support zone, indicating that SOL risks dropping to double digits soon if it fails to hold this support zone.  Related Reading: Solana Forms Ascending Triangle For Possible Breakout, Analyst Sets $565 Target The analyst noted that the Solana price has been in a slow uptrend over the past five days, after hitting the low at $112. He added that the current price action looks like an ABC corrective pattern, which could mean that SOL is setting up for lower prices. While alluding to the key levels to watch for entries, he SiDec noted that placing orders at key levels helps increase the chances of catching the right move without overcommitting too early.  He then discussed the resistance zone between $136 and $143. The crypto analyst remarked that the Solana price will likely struggle in that range, as the area contains multiple technical confluences suggesting a potential reversal or strong reaction. As such, SiDec stated that this range is a prime area to consider for short positions, especially if the price starts showing weakness.  On the other hand, SiDec revealed that a major demand zone is forming between $102.1 and $98.50 on the downside for the Solana price. He stated that this zone has multiple technical confluences, making it a high-probability long entry area. The analyst added that this zone presents a solid long opportunity for gradual scaling into positions as price moves deeper into support.  Market Outlook For SOL SiDec remarked that there is a short bias until the Solana price reclaims $143.80, with this level a strong resistance zone for potential short trades. For market participants looking to enter a short position, the analyst remarked that laddering into the resistance zone ensures better risk management and higher entry efficiency.  Related Reading: Bitcoin, Ethereum, And Solana: Real Visions Raoul Pal Calls The Greatest Macro Trade Of All Time Meanwhile, for a long setup, the analyst stated that starting small at $112 and increasing position size down to $98.50 ensures strong positioning in a high-confluence demand zone. He added that scaling into trades rather than committing at a single price increases flexibility, improves trade execution, and helps market participants adapt better to price movements. Further discussing the Solana price action, SiDec noted that the $100 target coincides with the 200 Exponential Moving Average (EMA) on the weekly timeframe, adding confluence to this strong support.  The analyst also mentioned that if the Solana price decisively breaks above $144, it would invalidate the short thesis and suggest a potential move higher toward $150. Meanwhile, a strong rejection from the resistance zone would likely accelerate the move toward $112 to test demand at swing low.  At the time of writing, the Solana price is trading at around $128, down over 4% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com

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Exponential Moving Average (EMA): How To Ride Massive Trends

Trading the crypto market can be tough and requires more than buying and selling crypto assets; if you aim to become a successful investor and trader in this field, this requires skills, patience, and psychology to stay ahead of the game. Investors and traders are always looking for ways to stay profitable in crypto by adopting different trading strategies, using indicators, oscillators, and chart patterns to have an edge and remain profitable in a bullish and bearish market. Studies have shown that the crypto market ranges by over 70%, while the remaining percentage allows traders to spot trending opportunities. Let us discuss the Exponential Moving Average (EMA), one of the widely used indicators by traders and investors to remain profitable and ride massive trends in the crypto market. Related Reading: Litentry Breaks Out Of A Descending Triangle, Can Bulls Hit $1.2? What Is Exponential Moving Average (EMA) The Exponential Moving Average is a type of Moving Average tool employed in the technical analysis of crypto assets by many traders and investors to spot potential buying and selling areas and identify an asset’s current trend.  There are two common Moving Averages: the Simple Moving Average (SMA) and the Exponential Moving Average (EMA). Most traders prefer using EMA because it filters the price actions and volatility that come with trading in the crypto market and gives traders a more realistic value than the SMA by placing more weight on recent price data. Trading with EMA gives a trader more opportunities. It helps you to identify dynamic support and resistance, enabling you as a trader to enter and exit trades when the trend reverses against your trade. As a trader, you do not need to start learning the formulas and how the Exponential Moving Average was achieved, all you need to do is make use of it on tradingview.com while analyzing your crypto assets. How To Use EMA And Ride Massive Trends The commonly used Exponential Moving Averages are the 50 and 200-day EMA for long-term traders to spot trends and ride early trends based on the high timeframes. For short-term trading, traders use 8 and 20-day EMA to spot trends, entries, exits, and potential price reversals.  Example Of 50 And 200-Day EMA From the chart above, the price of Bitcoin/United State Dollars (BTCUSD) trades below the 50 and 200 EMA, indicating a downtrend price movement with the 50 and 200-day EMA acting as resistances for the price of Bitcoin (BTC), preventing the price from going higher. The 50 EMA responds faster to a price change, so a break and close above the 50 and 200 EMA indicates a potential change in the trend from bearish to bullish. Example Of 8 And 20-Day Exponential Moving Average The 8 and 20-day Exponential Moving Average is used for short-term trades and can be used to spot short changes in trends. The 8-day EMA responds faster to change; as such, a crossover from below could mean a potential change in price from a downtrend to an uptrend. A close of prices above the 8 and 20 EMA could mean a potential change in price from bearish to bullish. For better confirmation, it would be ideal to trade this indicator with other trading strategies and chart patterns like the descending triangle from the Image above for better trading confirmation and profitability. Related Reading: Helium (HNT) Holds Gains Amid Market Downtrend Featured Image From Investopedia, Charts From Tradingview

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Analyst Predicts Bitcoin Rally To $45,000 Before Pullback

Bitcoin (BTC) has started riding the recent bull market wave and rising with fresh gains after weeks of sluggish momentum, with crypto analysts predicting more potential gains for the leading cryptocurrency asset in the coming days. Bitcoin To See A Correction After Surging To $45,000 A cryptocurrency expert from Cheeky Crypto has made a daring forecast for Bitcoin. The analyst revealed his recent projections during one of Cheeky Crypto’s latest episodes on YouTube. Related Reading: Bitcoin Price Targets $55,000 Following Bull Pennant Breakout His predictions came in light of the price of Bitcoin closing Wednesday on a positive note, leading the altcoin market as a whole with it. As the new trading day began, BTC’s price broke above the consolidation, signaling that bulls have returned to the fore. Cheeky Crypto analyst’s latest analysis delves into the present trading range for Bitcoin. In the analysis, the expert talked about a potential surge to the upside that will take BTC to $45,000.  He defined the current stage as a continuation pattern and forecasted that after the range is done, there will be an upward breakout. The analyst mentioned that volume profiles have been declining throughout the market’s range, which gave him the belief that the price will increase to $45,000. However, he believes a notable correction will occur after BTC reaches the aforementioned price level. Meanwhile, given the positioning on the Stochastic Relative Strength Index (RSI), he anticipates a further decline to $30,000. He underscored that there is resistance at the 50 Exponential Moving Average (EMA) and support at the 50 Simple Moving Average (SMA) for BTC’s present trading range. If the 50 EMA is breached, Bitcoin may test the 50 EMA once again, and the 200 EMA would provide extra support. Furthermore, the analyst looked at a series of indications throughout the hourly, daily, and weekly time periods. He noted key levels of support, resistance, and indicators to inspect for prospective market changes and momentum, like the RSI and the stochastic RSI. BTC’s Price Surges Above $44,000, Eyes $45,000 Amid the recent bullish rally encompassing the crypto market, Bitcoin’s price has risen over $44,000. This marks the first time this month that the crypto asset has reached this level, suggesting market recovery. The recent surge has sent quite a positive sentiment in the entire crypto space. It is believed that the rise might be due to the anticipation around the Ethereum Spot ETFs and BTC ETF options. Although, in comparison to last month, trend levels are still low, indicating that one should stay vigilant.  Related Reading: Bitcoin Nears $45,000 Level In Historic Price Surge Following Spot ETF Debut As of the time of writing, the price of Bitcoin has increased by over 4% in the past 24 hours, trading at $44,704. In addition, its market cap and trading volume have increased by over 4% and 47% in the past day. Featured image from iStock, chart from Tradingview.com

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Ethereum Price Prediction: Extremely Strong Support And Monthly 55 EMA Says ETH Is Headed For $4,867

Ethereum has yet to return to its all-time high for over three years, a stark contrast to Bitcoin, which has surged past many price levels in the current cycle. Despite being the second-largest cryptocurrency, Ethereum has struggled to keep up with the broader market even during price rallies. However, a new technical outlook suggests that Ethereum may soon break free from this underwhelming trend and push toward $4,867 based on a strong meeting of multiple technical indicators. Extremely Strong Support Shows Ethereum Breakout Is Close As revealed by a technical analyst on the TradingView platform, technical analysis of the Ethereum price poses a bullish outlook to finally break above its all-time high of $4,878. Ethereum is currently positioned at a key inflection point, where it is trading just above a multi-year support trendline. Notably, this trendline has acted as a solid foundation during previous downturns, allowing ETH to consistently rebound after touching this level. Given this historical precedent, the next expected move is another upward bounce, potentially setting the stage for a renewed bullish push. Related Reading: Ethereum Price Guns For A Mid-High Timeframe Reversal Against Bitcoin In Bullish Q1 2025 The strength of this support trendline is further reinforced by key Fibonacci levels, which have previously served as inflection points for Ethereums major rallies. At present, Ethereum is positioned around the 14.6% Fib retracement level from its break above $4,000 in September 2024, which is a zone that has historically caused reversals and strong bullish momentum. In addition to the Fibonacci level, Ethereum’s price structure is also currently supported by the monthly 55 Exponential Moving Average (EMA), which is typically known for marking long-term bullish trends. This adds weight to a bounce on the multi-year support trendline. Triangle Formation Confirms The Explosive Move The analyst also noted that ETH has been trading within a triangle pattern in a multi-month timeframe. Triangle patterns often signal a period of consolidation before a strong move in either direction and in Ethereums case, the supporting trendlines and Fibonacci levels suggest a higher probability of an upward breakout.  Related Reading: Ethereums Large Consolidation Trend Points To Possible Price Explosion To $8,000 The specific pattern forming on Ethereums chart is an ascending triangle, a bullish continuation pattern characterized by a rising lower trendline and a horizontal resistance zone. The upper resistance trendline for this formation sits around the $4,000 mark, a level that has proven difficult to breach three different times this cycle. However, the next try could cause a breakout if Ethereum continues to build on the growing bullish signals with the Fib level and the 50 EMA. Once Ethereum clears the ascending triangles upper resistance, the next primary price target would be around $4,867, its current all-time high. At the time of writing, Ethereum is trading at $2,760, up by 1.1% in the past 24 hours. Featured image from Ethereum, chart from Tradingview.com

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