Price Analysis

Shiba Inu Coils for Potential Breakout Amidst Mixed Expert Sentiment

Shiba Inu Coils for Potential Breakout Amidst Mixed Expert Sentiment

Meanwhile, Shiba Inu (SHIB) price continues to remain indecisively stuck around the $0.00001198 level. This level is being watched closely by short-term speculators and long-term holders alike. The bullish price action of Shiba coin indicates a potential big Shiba breakout in the future. Experts remain divided on which way it...

Bitcoin's $85,000 Struggle Continues Amidst ETF Outflows and Hawkish Fed

Bitcoin's $85,000 Struggle Continues Amidst ETF Outflows and Hawkish Fed

Bitcoin (BTC) is experiencing strong headwinds as it makes a valiant attempt to rise above the $85,000 ceiling. The digital asset faced rejection at this level on Tuesday, causing a 1.12% drop. Bitcoin continues to encounter strong resistance at the 200-day Exponential Moving Average (EMA). Recent outflows from US spot...

Bitcoin Braces for Potential Breakout as Consolidation Tightens

Bitcoin Braces for Potential Breakout as Consolidation Tightens

Bitcoin is currently in a very tight phase of consolidation. It has been trading in a tight 4% range for the last four days. Traders and analysts are watching important levels with much interest, as we are in a period of low volatility. They are expecting a big price move...

Bitcoin's Bullish Momentum Remains Stalled Amidst Lingering Investor Fears

Bitcoin's Bullish Momentum Remains Stalled Amidst Lingering Investor Fears

Bitcoin’s price faces an ever-deepening crypto winter, finding it increasingly difficult to break free from a bearish trend as investor sentiment continues to falter. The leading cryptocurrency has succumbed to a bear trend in the last three months. This month, it had three failed attempts to breach the $85,000 resistance...

Bitcoin's Price Correction Raises Concerns Amidst High Open Interest

Bitcoin's Price Correction Raises Concerns Amidst High Open Interest

Now is a really, really rough patch for bitcoin. As the entire crypto market faces a profound price correction, there is an unprecedented increase in open interest. The popular digital asset has since endured a massive market correction. Now, analysts are sifting through the rubble to get a clearer picture...

Dogecoin Eyes $1.36 Target by 2025 Amidst Market Shifts

Dogecoin Eyes $1.36 Target by 2025 Amidst Market Shifts

Dogecoin (DOGE), which is now trading at $0.13804 USD on Gate.io, continues to see market analysts anticipating a massive increase in its worth. Based on DOGE price prediction forecasts, DOGE could reach as high as $1.36 by the end of 2025. This would still be a gargantuan 318.71% increase from...

Bitcoin Eyes $110K Target as Bullish Momentum Builds

Bitcoin Eyes $110K Target as Bullish Momentum Builds

After recently bouncing off a set $74,000 floor, Bitcoin’s triggered a cascading bullish rush. At the moment, analysts are forecasting a major breakout up to $110,000 by the end of summer. Ever since the correction in mid-April, the crypto has been making higher lows. It’s the third month in a...

Analyst Dave the Wave Predicts Potential Bitcoin Rally to $110,000

Analyst Dave the Wave Predicts Potential Bitcoin Rally to $110,000

Crypto analyst Dave the Wave, known for his precise forecast of the 2021 Bitcoin collapse, has some interesting details. Bitcoin Heffx believes bitcoin could rally back to $110,000 in a possible rally. This bullish forecast is due to the developing of an inverse head-and-shoulders pattern on Bitcoin’s daily graph. In...

Ethereum Price Faces Resistance as ZKsync Suffers $5 Million Hack

Ethereum Price Faces Resistance as ZKsync Suffers $5 Million Hack

Ethereum’s price today is facing the stiffest resistance in recent weeks, just above the $1,700 level, and continuing to climb is no sure thing. The cryptocurrency’s price is currently sitting just over $1,590 on Wednesday after bouncing off some support at $1,449 last week and recovering marginally. This powerful economic...

Bitcoin Act Sparks Debate Over Potential $1 Million Valuation

Bitcoin Act Sparks Debate Over Potential $1 Million Valuation

We welcome back Senator Cynthia Lummis for reintroducing her Bitcoin Act. This unprecedented move is igniting spirited debate on what government purchases of Bitcoin might mean for the value of Bitcoin. The legislation, which is short and simple, would have the U.S. government purchase one million Bitcoin (BTC) within five...