The cryptocurrency market has been running through a period of consolidation over the past seven days, with notable corrections observed in both Bitcoin and Dogecoin. Bitcoin, after hitting an all-time high of $108,135 on December 17, has seen a retracement towards $93,000. Similarly, Dogecoin has faced pressure, dipping from its recent highs near $0.48 to settle just above $0.30 at the time of writing. According to technical analysis of both cryptocurrencies, an interesting correlation has emerged that points to Dogecoin surging to $5 in the next few months. The 800-Day Trend: A Case For Dogecoin’s Correlation With Bitcoin Bitcoin and Dogecoin have one of the biggest correlations among cryptocurrencies, particularly during market cycle transitions. Bitcoin has always led inflows and outflows into the crypto market, and Dogecoin has historically mirrored its price trends very closely. Related Reading: Doji Formation On Bitcoin Chart Suggests BTC Could See 2 Months Of Upside In The New Year As pointed out by a crypto analyst on social media platform X, these patterns often extend beyond immediate price movements. For example, the number of days between Bitcoin’s cyclical bottoms and Dogecoin’s subsequent peaks has shown a consistent rhythm. Particularly, technical analysis shows that there’s been a consistent pattern of approximately 800 days between Bitcoin’s bottom and Dogecoin’s next major peak. The historical data supporting this theory is compelling. This first time this pattern showed up was in 2017, when the Dogecoin price peaked 868 days after Bitcoin’s bottom of the preceding bear phase in 2015. Again, the 2021 bull rally exhibited this same phenomenon, with Dogecoin peaking at its current all-time high of $0.7316 875 days after Bitcoin’s bottom in 2019. What Lies Ahead For Dogecoin Price? The ongoing market cycle appears to be following a similar trajectory. Bitcoin reached its most recent bottom at $15,422 during the first half of 2023, following a long bear market that saw significant declines across the crypto industry in 2022 and early 2023. Since then, Bitcoin has entered a new bullish phase, gaining momentum in the second half of 2023 and throughout 2024. Related Reading: El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000 Keeping in mind the 800-day trend, Dogecoin’s next major peak could align with a timeline of approximately 800 days from Bitcoin’s 2023 bottom. This projection places Dogecoin’s potential peak around March or April 2024. In terms of price targets, the analysis provides an optimistic outlook for Dogecoin. Based on historical price performance and the scale of previous rallies, a price of $5 has been identified as a realistic target for Dogecoin around the projected timeline. At the time of writing, Dogecoin is trading at $0.32, down by 1.8% in the past 24 hours. If this trend repeats itself, Dogecoin’s price could soar by 1,460 % from its current levels to new all-time highs. While this seems ultra bullish, it pales in comparison to other predictions of Dogecoin price peaks. Several analysts have speculated that Dogecoin could hit as high as $20 in 2025. Featured image created with Dall.E, chart from Tradingview.com
The Dogecoin price action over the past three weeks has been characterized by notable corrections and consolidations alongside the rest of the crypto market. Nonetheless, the enduring bullish sentiment surrounding the meme coin suggests that it may be on track to undergoing a significant upward movement very soon. Recent remarks from crypto analyst Javon Marks […]
As the crypto market prepares to close the year, the Ethereum price is showing strength against Bitcoin (BTC) as it aims for a mid-high timeframe reversal. A breakout above a critical resistance level could signal a potential shift in price action, paving the way for Ethereum’s dominance and potential rally in Q1 2025. Ethereum Price Poised For Breakout Against Bitcoin A crypto analyst, known as ‘Daan Crypto Trades,’ shared a price chart representing the ETH/BTC trading pair, providing a detailed analysis of the probability of a reversal and its impact on the strength of the altcoin market. According to the analyst’s X (formerly Twitter) post, the Ethereum price is attempting to form a higher low near the 0.786 Fibonacci retracement level at 0.0337, signaling the start of a potential trend reversal against Bitcoin. Related Reading: El Salvador Bitcoin Buying Spree Continues, BTC Holdings Now At 6,000 The 0.786 Fibonacci level appears to act as a strong support zone, indicating a possible shift from bearish to bullish. Daan also disclosed that the 0.04 BTC level has emerged as a key resistance level that needs to be broken for further bullish momentum to occur. The analyst emphasized that a breakout above the 0.04 BTC level would confirm the mid-high timeframe trend reversal. If this happens, it could significantly weaken Bitcoin’s dominance and indicate an increased strength in altcoins, especially Ethereum. In the context of the ETH/BTC analysis, a mid-high timeframe reversal suggests that Ethereum could establish a bullish trend over the next few weeks to months. This timeframe is also used to assess broader trends rather than short-term price movements. Moving forward, Daan revealed that historically, the ETH/BTC trading pair have performed well during the first quarter of the year, aligning with seasonal trends that typically favor altcoins. If this historical pattern holds, the analyst believes that a breakout above the 0.04 Bitcoin level could lead to a significant rally for Ethereum and the altcoin market. Additionally, this projected rally is expected to occur in Q1 2025, resulting in a significant surge from the 0.040 BTC level to the 0.046 mark, as indicated by the analyst’s chart. Implications On The Altcoin Season If Ethereum breaks out of the 0.04 BTC level, it could mark the beginning of a bullish phase not just for the second-largest cryptocurrency but for the broader altcoin market. Historically, Ethereum’s market performance has acted as a measure of altcoin strength. Related Reading: XRP Price Prediction: Fibonacci And Elliott Wave Analysis Suggests $15 By May 2025 If Bitcoin’s dominance declines, it could trigger a surge of interest and demand from investors to altcoins. Currently, Bitcoin’s dominance is standing at 57.8%, still relatively high despite price declines and market volatility. For the altcoin season to fully kickstart, the market’s attention will need to shift from Bitcoin to alternative cryptocurrencies. A crypto analyst, identified as the ‘Crypto Rover’, disclosed in a recent post that Bitcoin’s dominance is experiencing a bearish retest and could potentially decline to 42%. If this occurs, the analyst asserts that it would be incredibly bullish for altcoins, potentially marking the start of the anticipated altcoin season. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst Master Kenobi has provided insights into the current Dogecoin price action while making reference to the Bitcoin halving and previous cycles. Using these metrics, the analyst revealed what phase of the bull Dogecoin is currently in and what next to expect for DOGE. What Next For Dogecoin Price Based On Bitcoin Halving And […]
The Dogecoin price is consolidating around the $0.3 mark after declining by more than 21% in the past month. A crypto analyst has identified a new Cup and Handle pattern, suggesting that the top meme coin is likely headed for more pain, with a potential crash below $0.2. Chart Pattern To Trigger Dogecoin Price Crash A TradingView analyst known as ‘Cryptechcapital’ has shared a chart representing an Elliott Wave analysis of Dogecoin’s price movements on a long-term weekly time frame. While the analyst has provided a detailed report on Dogecoin’s present Elliott Wave structure, he has identified the formation of a textbook Cup and Handle pattern. Related Reading: Historical Data Shows What To Expect From Ethereum Price In Q1 2025 – It’s Very Bullish A Cup and Handle pattern is a technical indicator that signals a period of consolidation before a breakout. While it is typically considered a bullish signal that extends an uptrend, the crypto analyst has noted that its appearance in Dogecoin‘s chart points to a significant price correction to new lows. The analyst’s Dogecoin price chart outlines a 5-wave impulse structure from 1 to 5. Dogecoin is currently at Wave 4, a correction wave, where prices retrace and move sideways for a prolonged period. The handle of the Cup and Handle pattern also corresponds with Wave 4 of Dogecoin’s 5-wave structure. In the immediate term, the TradingVolume analyst has predicted a significant Dogecoin price crash once it completes Wave 4. He suggested that if the Cup and Handle pattern holds, Dogecoin may experience downward pressure over the next week. The analyst also added that the broader cryptocurrency market might face similar bearish headwinds, particularly with the rising market volatility and Bitcoin’s declining price. While the exact levels of the analyst’s projected decline are not specified, Wave 4 corrections are usually known to retrace significant portions of the previous Wave 3 gains. This means that if Dogecoin experiences a price decline during Wave 4, a potential dip below $0.2 could be possible. Dogecoin Crash First, Recovery Next? While Cryptechcapital has predicted a significant price crash for Dogecoin, he also asserts that this anticipated correction could pave the way for a powerful rebound. The TradingView analyst revealed that after the completion of Wave 4, Dogecoin is expected to enter Wave 5, signaling the end of its bearish phase and the beginning of a potential price rally. Related Reading: Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target As mentioned above, the Cup and Handle pattern often signals the final consolidation phase before a price breakout. The TradingView analyst has predicted that Dogecoin could undergo a severe price crash before triggering a price recovery to the coveted $1 mark. The analyst’s price chart also highlights that if Dogecoin achieves a local high instead of continuing its projected correction, the Cup and Handle pattern will be invalidated. This development would require a new forecast for Dogecoin’s price trajectory. Featured image created with Dall.E, chart from Tradingview.com
You could argue that the cryptocurrency market maintains its confidence despite the Bitcoin price experiencing a significant drop to $94,000. Although price action says otherwise, this confidence is highlighted through various predictions from crypto analysts on social media and on TradingView, which cuts across various cryptocurrencies. Amidst the price decline and market optimism, the Crypto Market Fear and Greed Index continues to point to greed, which leans toward the idea of a momentary dip before a broader recovery. Bitcoin Price Crash Stalls Bullish Momentum The crypto industry has largely exhibited bullish momentum throughout 2024, with many cryptocurrencies reaching new multi-year highs. This momentum was led by Bitcoin, which broke through its 2021 all-time high of $69,000 in the middle of 2024 to eventually break above the $100,000 psychological level for the first time on December 5. Related Reading: Historical Data Shows What To Expect From Ethereum Price In Q1 2025 – It’s Very Bullish However, Bitcoin’s price action since crossing over the six-digit price threshold has been mostly full of corrections. Although it peaked at $108,135 on December 17, the past 12 days or so have been highlighted by price declines. Notably, Bitcoin has corrected as low as $92,600 in the past seven days, essentially leading to a cascade of declines among other cryptocurrencies and stalling the bullish momentum. Bitcoin’s descent has surprised many crypto traders, considering its strong rally in recent months. Analysts attribute this correction to profit-taking by a few long-term holders and a temporary slowdown in market activity. Crypto Market Sentiment Stays In Greed Despite recent price declines, HODLing trends suggest that the cryptocurrency market remains on track to sustain its rally into 2025. This sentiment is reflected in the Fear and Greed Index, which continues to hover in the greed zone, signaling confidence among investors. The index is derived from a combination of key metrics, including market volatility, trading volume, social media sentiment, Bitcoin dominance, Google search trends, and surveys. Each component is carefully weighted to gauge the market’s psychological state. Related Reading: Bitcoin Price Retests Support Line After Crash Below $95,000, Here’s The Next Target At the time of writing, the Crypto Fear and Greed Index, according to alternative.me, is at a reading of 72, which is in the Greed threshold. This relays investor confidence across the various market indicators and suggests that traders perceive the dip as a buying opportunity rather than a cause for panic. This greed sentiment is relayed through a few buying trends across notable cryptocurrencies. For example, on-chain data from crypto analytics company Santiment shows that Dogecoin whales have bought over 90 million DOGE tokens in the past 48 hours. With this in mind, analysts are optimistic about a broader market recovery in the coming weeks. Technical indicators point to a rebound led by Bitcoin if it can continue to hold above support levels around $92,000. At the time of writing, Bitcoin is trading at $94,400 and is down by 12.8% since it reached $108,135 on December 17. According to crypto analyst Ali Martinez, such corrections (between 20% and 30%) are the best thing to always happen to Bitcoin in every bull cycle. Featured image created with Dall.E, chart from Tradingview.com
The Dogecoin price has continued its decline over the past two weeks into the last 24 hours. Particularly, Dogecoin has yet to start a notable momentum above the $0.30 threshold, although it has largely held up above $0.31. Amidst this price decline, the Relative Strength Index (RSI) indicator has relayed a similar decline, which was […]
The Bitcoin price has struggled to reclaim previous price highs above $100,000, with bearish sentiment dominating the market. Currently, the Bitcoin price is retesting the support line of an Ascending Channel after crashing below $95,000. A crypto analyst has predicted that if it can hold this key support level, it could stage a recovery and skyrocket to its next bullish target, aligning with the upper resistance line of the channel. Bitcoin Price Retest Support Line; New Target In Sight In a chart illustrating Bitcoin’s price movement within an Ascending Channel, Trader Tardigrade, a crypto analyst on X (formerly Twitter), revealed that the cryptocurrency has temporarily declined below the lower support line on the channel. The analyst labeled this decline a “False Break,” highlighting that the Ascending Channel remains intact despite the drop. Related Reading: Ethereum Total Value Locked Reaches Highest Level Since 2022 After Crossing $90 Billion, Will Price Follow? As indicated by the red circle in the price chart, the False Break suggests that Bitcoin’s brief move below the support level was short-lived and does not confirm the continuation of its previous downtrend. Trader Tardigrade noted that after Bitcoin’s False break, the cryptocurrency quickly moved back into the Ascending Channel to reclaim the lower support line. Interestingly, Bitcoin’s drop below the False break comes as the pioneer cryptocurrency experienced a sharp price crash below $95,000. Lately, the flagship cryptocurrency has been under significantly bearish pressure, recording notable declines as market volatility intensifies. Despite this bearish performance, Trader Tardigrade has disclosed that Bitcoin is now retesting the channel’s support line again, aiming to break above and trigger a price reversal. The analyst predicts that if Bitcoin can hold this support line, it will likely continue moving upwards within the channel. Consequently, the analyst has forecasted that Bitcoin’s next price target would be the upper resistance line of the Ascending Channel. Looking at the price chart, the channel points upwards towards a range between $110,000 and $112,000. If Bitcoin can successfully recover toward the upper resistance line, it could signal the continuation of a bullish trend within the Ascending Channel. Additionally, a breakout above the resistance line could further validate the bullish momentum, setting up a stage for Bitcoin to potentially target higher price levels and possibly retest its all-time high. Related Reading: Here Are The Major Bitcoin Support Levels To Watch As Bulls Push For $100,000 Again Analyst Says Bitcoin Could Crash To $87,000 Bitcoin is currently in a downward trend, experiencing severe price declines despite analysts’ optimistic projections of a price surge. According to crypto analyst Titan of Crypto, the Bitcoin price could see another decline, with the support level at $87,000 being the next target. However, according to the analyst, a drop to this price low could bring “maximum pain” to both short—and long-term investors. Nevertheless, Titan of Crypto believes this severe price decline could also present a strong foundation for Bitcoin’s next price rally. He emphasized that price movements are rarely linear, highlighting the crypto market’s inherent unpredictability and volatility. Despite Bitcoin’s bearish behavior, Titan of Crypto confidently predicts that a price rally to $110,000 is inevitable. Featured image created with Dall.E, chart from Tradingview.com
Historical data shows that the Ethereum price could enjoy huge gains in the first quarter of 2025. Based on this data, crypto analyst Kaduna predicted that the second-largest crypto by market cap could usher in the altcoin season at the start of the new year. Historical Performance Shows What To Expect From Ethereum Price CryptoRank data shows that the Ethereum price could enjoy positive monthly gains throughout the first quarter of 2025. This is based on historical trends that show that Ethereum enjoyed green monthly closes in Q1 of the 2017 and 2021 bull runs, the following years after the Bitcoin Halving. 2025 is expected to follow 2017 and 2021, as the Halving event occurred this year. Related Reading: Here Are The Major Bitcoin Support Levels To Watch As Bulls Push For $100,000 Again In 2017, the Ethereum price enjoyed gains of 34%, 47%, and 215% in January, February, and March, respectively. Meanwhile, in 2021, Ethereum recorded gains of 78%, 7%, and 35% in the first three months of the year. Therefore, ETH could replicate such massive gains in the first quarter of next year. Based on this historical trend, crypto analyst Kaduna suggested that this isn’t the time to bearish on the Ethereum price, as he advised market participants not to fumble their ETH bags. The analyst added that ETH will lead the altcoin season, possibly as it replicates the 2017 and 2021 Q1 performances next year. This historical trend provides a bullish outlook for the Ethereum price, which has underperformed this year compared to other major cryptocurrencies. Ethereum boasts a meager year-to-date (YTD) gain of around 47%. Moreover, the second-largest crypto has struggled to hold above the psychological $4,000 level and has come nowhere close to its current all-time high (ATH) of $4,800. However, it is worth mentioning that the Ethereum price hit its current ATH in 2021. As such, if ETH replicates its 2021 run in 2025, then it could easily reach a new ATH. ETH’s Time Will Come Crypto analyst Ted provided a bullish outlook for the Ethereum price, stating that ETH’s time will soon come. The analyst cited another data, which shows that the first quarter of 2025 will be huge for Ethereum. He noted that ETH and BTC’s dominance move inversely during a bull run. Currently, Bitcoin’s dominance is on the verge of a big leg down, which is why Ted is confident that ETH will soon pump to new highs. Related Reading: Analyst Says XRP Price Will Outperform Bitcoin And Ethereum, Reveals ‘Secret Under The Hood’ In line with this, Ted boldly predicted that the Ethereum price will reach $10,000 in 2025. Crypto analyst Trader Tardigrade also provided a bullish outlook for Ethereum. He stated that the crypto has completed the contracting triangle as a local bottom. His accompanying chart showed that ETH could rebound towards $4,000. At the time of writing, the Ethereum price is trading at around $3,380, down in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
The altcoin season could be closer than ever, as the Bitcoin Dominance has entered a historically favorable phase for alternative digital assets. According to a crypto analyst, the altcoin season has officially entered the 140-day Golden Window, a period marked by significant growth for altcoins. This phase is driven by a shift in Bitcoin’s dominance […]
The Bitcoin price is still in a correction phase under $100,000, as it is currently down by 1.93% in the past 24 hours. Nonetheless, crypto analyst Titan of Crypto is sure that the leading cryptocurrency is still maintaining its trajectory to the $110,000 mark. According to the analyst, Bitcoin at $110,000 is inevitable, although there remains the possibility of more price declines in the short term. Bitcoin Price $110,000 Path And Current Correction Phase Bitcoin fell short of the $110,000 mark when it peaked at $108,135 on December 17. However, the cryptocurrency has been on a notable correction path since then and is currently about 12% below this price level. Interestingly, the Bitcoin price even corrected to $92,600 on December 23, which translated to a 14.36% decline in five days from the $108,135 all-time high. Related Reading: Analyst Says XRP Price Will Outperform Bitcoin And Ethereum, Reveals ‘Secret Under The Hood’ Although the Bitcoin price has recovered a bit since then, it has extended its correction below the $100,000 psychological threshold without any sign of a strong break to the upside. However, Titan of Crypto reaffirmed his long-term bullish stance on Bitcoin, stating that the $110,000 price level is “inevitable.” According to his analysis, Bitcoin is only undergoing a correction phase, a necessary consolidation before its next upward movement. Although the correction has largely held up above $90,000, there is still a possibility of a break below during this consolidation phase. With this in mind, Titan of Crypto highlighted that if Bitcoin were to experience further declines, the $87,000 mark could represent the “maximum pain.” This is the lowest threshold that the Bitcoin price can go to in order to keep the bullish sentiment alive among Bitcoin holders. Technical Analysis Shows Cup And Handle Pattern In Play The technical analysis is based off of Bitcoin’s price action after breaking out of the neckline of a cup and handle pattern. According to the chart below, this cup and handle pattern played out throughout the 2022 bear market, the 2023 recovery, and the 2024 bull market. Recent bullish price action in October and November saw the Bitcoin price breaking above the neckline, which opened up the stage for a bullish run. In a prior post immediately after the breakout, Titan of Crypto highlighted a price target of around $110,000, although noting the possibility of a correction before reaching the target. This correction has played out exactly as intended with the recent price decline in the past two weeks. Related Reading: Ethereum Total Value Locked Reaches Highest Level Since 2022 After Crossing $90 Billion, Will Price Follow? At the time of writing, Bitcoin is trading at $95,906. Reaching the $110,000 target would translate to a 15% return on investment from the current price. In another analysis posted on social media platform X, the analyst hinted at the possibility of $120,000 being the peak for Bitcoin this cycle based on Fibonacci Circle analysis. This price target dwarfs in comparison to predictions from other analysts, with projections ranging from $250,000 to $1 million. Featured image created with Dall.E, chart from Tradingview.com
The Dogecoin and Shiba Inu prices have crashed in the last 24 hours as the broader crypto market correction continues. This price crash is due to several developments, including the holiday season, with several traders choosing to stay out of the market during this period. Why The Dogecoin And Shiba Inu Prices Crashed CoinMarketCap data […]
The Dogecoin price is replicating a bullish fractal from 2021, signaling the potential for a price breakout to new highs. A crypto analyst has shared a price chart comparing this historically recurring fractal to Dogecoin’s current trajectory, predicting a massive surge to new all-time highs by January. Historical Fractal To Trigger Dogecoin Price Rally Above […]
The Dogecoin price is currently trading within a bearish setup as it continues to undergo correction following a remarkable price surge in the past two months. Nonetheless, technical analysis suggests that the leading meme coin is still trading in a bullish setup on the larger timeframe. In a technical analysis of Dogecoin’s price movement on […]
Crypto analyst Trade PSH has revealed the major Bitcoin support levels to watch out for as BTC bulls push for a rally to the psychological $100,000 level. The analyst also mentioned what price levels Bitcoin could reach in the short term as it breaks above $100,000. Bitcoin Support Levels To Watch Out For As Bulls Push For $100,000 In a TradingView post, Trade PSH stated that the local maximum is $99,450 as bulls are repeatedly trying to push the price above $100,000. The crypto analyst also mentioned that the nearest key support zone comes in between $95,000 and $96,600. This aligns with a recent Bitcoinist report that highlighted the $96,000 level as a crucial support zone. Related Reading: Possible Deep Correction Could Push Cardano Price To $0.43, Here’s How While the Bitcoin price is moving above this support zone, Trade PSH stated that the primary scenario is continued growth for the flagship crypto. If Bitcoin maintains an uptrend and eventually breaks above the psychological $100,000 level, the crypto analyst predicts that the intermediate growth target is between $102,000 and $102,757. Based on the current price action, the analyst suggested that Bitcoin could rally to $108,366. This would mark a new all-time high (ATH) for the flagship crypto, as its current ATH is $108,268. Meanwhile, Trade PSH mentioned that a drop below $94,300 would invalidate this trade setup. The analyst’s accompanying chart showed that the Bitcoin price could break above $100,000 and reach these short-term targets before the year ends. While that remains to be seen, it is worth mentioning that January 2025 provides a bullish outlook for the flagship crypto. Pro-crypto Donald Trump is set to take office on January 20, which could lead to the creation of the Strategic Bitcoin Reserve. Historically, Bitcoin also enjoyed a price recovery in January 2021 of the last bull run. As such, history could repeat itself again. BTC Is Heading Higher In an X post, crypto analyst Titan of Crypto also provided a bullish outlook for the Bitcoin price, stating that the flagship crypto is heading higher. His accompanying chart showed that Bitcoin could rally to as high as $158,000 by May 2025. The chart also showed a price target above $220,000, suggesting that the flagship crypto could rally even higher. Related Reading: Ethereum Price Prediction: Inverse Head And Shoulders Pattern Says ETH Will Touch $12,000 Titan of Crypto alluded to a bullish pennant, which he suggested was still in play for the Bitcoin price. This massive bull pennant is forming in the monthly timeframe, and if it plays out, the crypto analyst is confident that Bitcoin will enjoy a parabolic rally to this price target. At the time of writing, the Bitcoin price is trading at around $98,100, down in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
While widespread liquidations would be expected from the recent DOGE price crash, Dogecoin whales have embraced the downturn as a prime opportunity. Viewing the dip as a chance for a low market entry, these whales now purchase Dogecoin in large volumes, with the latest transactions recording a 270 million buy. Dogecoin Whales Scoop Up 270 […]
The Cardano price action has continued to stall below the $1 mark in light of corrections in the past seven days. This correction, which played out across the entire crypto industry, saw Cardano break below the $1 mark again on December 18%. Although the broader trend suggests a possible move on the weekly timeframe towards a new all-time high (ATH), recent technical analysis on TradingView has opened up the possibility for a continued correction towards $0.43 before another strong upward move. Current Price Movements Highlight Resistance And Cooling Period According to technical analysis of the Cardano (ADA) price action on the weekly candlestick timeframe, the cryptocurrency has encountered notable resistance around the $1.2046 mark. This resistance has emerged after Cardano’s remarkable 205% surge from $0.4322 in late October to $1.32 in late November. Related Reading: XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13 Interestingly, this remarkable price surge saw Cardano form significant lows that serve as support levels for the price. Furthermore, the rally ended up with Cardano entering the overbought zone on the Relative Strength Index (RSI) indicator. The rally culminated in the Cardano price peaking at 82.87 on the RSI, but it has since retraced into a cooling/corrective period where buying pressure is consolidating at the time of writing. Cardano’s consolidation has opened up outlooks as to its next direction, with substantial buying volumes observed in recent trading sessions. Deep Correction Could Test Critical Support At $0.43 While the long-term outlook remains bullish, the analysis highlights the scenario of a deep correction that could send the Cardano price falling further in the short term. With this in mind, the analyst points to support levels that ADA may revisit in the event of a deeper correction. The first key level at $0.7683 has already proven its significance, acting as a reactionary zone in recent price movements. Related Reading: Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000 Below this, $0.4322 stands as the ultimate support for the current bullish leg. What this means is that ADA has to hold above the $0.43 support level in order for a bullish trajectory to remain valid. Failure to hold above $0.43 is likely to cascade into more price declines at this point and a change into bearish outlook. The analyst also identifies $0.3166 and $0.2427 as primary supports. These levels are Cardano’s lowest support during the previous bear market and are considered less likely to be breached in case of a longer-term decline. Despite the potential for a deep correction, Cardano’s recent market behavior and buying trends suggest a promising long-term outlook. At the time of writing, ADA is trading at $0.912 and has increased by 2% in the past 24 hours. Once the current resistance at $1.2046 is cleared, ADA is well-positioned to challenge its $3.09 all-time high and possibly establish new highs in the current cycle. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst Trader Tardigrade has highlighted an interesting development in the Dogecoin price movement as it starts to trade within a range. According to technical analysis by the crypto analyst, Dogecoin is currently in a manipulation phase. Interestingly, he noted that the king of meme coins has been following the Power of Three (PO3) pattern […]
A crypto analyst, known as ‘CryptoSanders9563’, disclosed in a report on TradingView that the Dogecoin price has broken out of a symmetrical triangle pattern. This technical pattern, signaling a bullish continuation for Dogecoin, is expected to trigger a price surge to a new target above $0.375. Symmetrical Triangle To Drive Dogecoin Price Above $0.37 CryptoSanders has shared a Dogecoin price chart, showing a symmetrical triangle pattern formed by converging trendlines. According to the TradingView analyst, Dogecoin’s price broke above the symmetrical triangle’s upper trendline at approximately $0.316, confirming a bullish breakout and signaling a potential surge to a new price target above $0.375. Related Reading: Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken A symmetrical triangle is a chart pattern that signals a period of consolidation before a price breakout. When the price of a cryptocurrency experiences a breakout from this pattern, it often indicates the start of a new trend or a continuation of a former trend. As a result, breaking out of the lower trendline marks the beginning of a bearish phase and vice versa. CryptoSanders has revealed that Dogecoin’s price breakout is accompanied by continued price action above critical moving averages, further strengthening its bullish setup. At the time of the analyst’s report, the Dogecoin price was trading above the 50 Exponential Moving Average (EMA) and the 200-EMA. These two moving averages are critical indicators that suggest a continued upward momentum in the Dogecoin price. The TradingView analyst has surmised that converging both moving averages could be a dynamic support for Dogecoin, potentially fortifying its upside momentum. Following the recent breakout from the symmetrical triangle pattern, the analyst has pinpointed $0.375 as Dogecoin’s next significant resistance level. This price point is also a psychological level for Dogecoin, triggering profit-taking for investors. If the Dogecoin price can break above the $0.375 resistance level, it could trigger a more substantial price rally to new highs. However, a failure to breach this level could catalyze another downtrend, potentially pushing Dogecoin’s price to the $0.306 support level. Dogecoin Trade Setup and Strategy While sharing his optimistic projection for Dogecoin’s price trajectory, CryptoSanders also outlined a well-defined trade strategy for investors looking to capitalize on this symmetrical triangle breakout. Related Reading: XRP Price Prediction: Wave 2 And 5 Targets Put XRP At $7 And $13 The analyst pinpointed an entry zone at the $0.316 price level after the confirmation of the breakout. A stop loss of $0.306 has been set to mitigate downside risk and avoid financial loss in the event of a failed breakout. Furthermore, the previously projected target of $0.375 has been reaffirmed as the primary profit-taking zone, coinciding with the highlighted resistance area on the chart. CryptoSanders has revealed that this trade setup offers a favorable risk-to-reward ratio. Investors can potentially earn a significant profit as long as the price of Dogecoin holds above the breakout level and the stop loss is respected. Featured image created with Dall.E, chart from Tradingview.com
The Ethereum price is showing signs of a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on its 6-month long-term price chart. This bullish formation has fueled predictions that Ethereum could rally to $12,000 soon, marking a new all-time high for the second-largest cryptocurrency by market capitalization. Ethereum Price Targets $12 With New Chart Pattern In a Tuesday X (formerly Twitter) post, crypto analyst Tony Severino released an Ethereum price chart illustrating an inverse head and shoulder, a technical analysis indicator signaling a potential trend reversal. This distinctive chart pattern has four key components: a left shoulder, head, right shoulder, and neckline. Related Reading: Is Altcoin Season Here Already? VanEck Answers As Bitcoin Price Struggles Below $100,000 Typically, when the pattern is completely formed, and a cryptocurrency breaks through the neckline, it indicates a potential shift from a downtrend to an uptrend. In Ethereum’s case, its price has been on a significant downward trajectory, declining by over 8% in the past week. Despite dropping from a price high of over $4,000 to below $3,500 recently, Severino remains optimistic about Ethereum’s potential for a trend reversal, predicting a bullish price target of $12,000 for the top altcoin. Examining the analyst’s price chart, the left shoulder of the inverse head and shoulder was formed in 2021, while the head emerged during Ethereum’s price crash at the end of 2022, marking the lowest point in the pattern. Additionally, the right shoulder of the inverse head and shoulder pattern is complete, with Ethereum recently testing the neckline — a key resistance level by a horizontal trendline. At the time, Ethereum broke above $3,400, confirming the bullish trend reversal often associated with this chart pattern. Looking at the price chart, the distance between the head and the neckline measures approximately 265.84%, suggesting that Ethereum could rally between $10,000 and $12,000 if the pattern plays out as expected. The upward-sloping channel of the inverse head and shoulder further supports this bullish trend outlook, with Severino’s Ethereum price target likely aligning with the channel’s trajectory. Ethereum Whale Accumulation Trend Skyrockets While the Ethereum price is trading at $3,493 after surging by 2.3% in the past 24 hours, an analyst known as ‘Mister Crypto’ revealed that whales have been on a major buying spree. Related Reading: Bitcoin Price Can Recover To $107,000 Again If This Important Level Is Broken The analyst shared a chart illustrating Ethereum’s balance on accumulation addresses. He disclosed that Ethereum whales are purchasing ETH tokens exponentially, steadily increasing their holdings since 2017. The sharp rise in accumulation suggests that investors are potentially positioning themselves ahead of a bullish price action. The red arrow in the analyst’s chart also shows a major spike in the ETH balance on accumulation addresses in recent months. Most wallets associated with this surging accumulation have seen minor outflows, signaling long-term holding behavior by investors. Featured image created with Dall.E, chart from Tradingview.com
Over the last few weeks, the Bitcoin price has been on a downward trend, experiencing significant declines that have pushed it below its all-time high above $104,000. Despite this price crash, a crypto analyst has predicted that Bitcoin could recover from this slump and potentially reach a new ATH at $107,000. However, for the pioneer cryptocurrency to make this recovery, it would have to break past a crucial Fibonacci level. Why The Bitcoin Price Could Rebound To $107,000 Crypto analyst CobraVanguard released a chart analysis on TradingView, illustrating Bitcoin’s price movement and potential recovery to $107,000 in the coming days. The analyst’s price chart showed that Bitcoin was previously in a rising wedge, a technical pattern generally viewed as a bearish signal as it indicates the likelihood of a price decline during an uptrend. Related Reading: Dogecoin Price Roadmap To $0.75 ATH: Why The Next Wave Is Bearish And Could Drop To $0.15 True to the pattern, Bitcoin broke below the rising wedge, turning its price significantly bearish and triggering declines. Following this wedge breakout, Bitcoin plummeted from above $100,000 to $94,000 in just a few days. CobraVanguard has noted that the Fibonacci retracement levels at 0.618 and 0.382 are marked on the chart, possibly indicating potential resistance and support zones for Bitcoin. With the price of Bitcoin crashing after breaking the wedge, it is now consolidating close to the 0.382 Fibonacci level between $92,000 and $94,000. Considering Bitcoin’s current bear trend, the 0.382 Fibonacci level may act as support if its price falls again. On the other hand, CobraVanguard has predicted that if Bitcoin can break above the 0.618 Fibonacci level between $98,000 and $100,000, it could indicate renewed bullish momentum, potentially triggering a price recovery towards a new all-time high of $107,000, marked as the “target” zone on the chart. Based on the trajectory of the arrow in CobraVanguard’s chart analysis, it appears that before Bitcoin can hit $107,000, it may face an even steeper decline to $90,000. The trajectory suggests a rebound towards $94,000, followed by a dip to $92,000. From there, Bitcoin is expected to climb to $100,000, experience another major pullback towards $95,000, and then surge to the analyst’s projected ATH at $107,000. Analyst Predicts More Downside For Bitcoin Prominent crypto analyst Jelle has expressed bearish sentiment on the Bitcoin price outlook towards the end of the year. The analyst compared Bitcoin’s current price movements with those of the previous cycle, highlighting similarities in fractals and bearish trends. Related Reading: Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter? Jelle predicts that Bitcoin’s price could drop below $90,000 this week from its current market value of $94,192. The analyst has based this projected price decline on low liquidity, highlighting that festive holidays like Christmas often trigger less liquidity for digital assets, leading to potential downside risks. Nevertheless, the analyst forecasts that after the short-term retracement, Bitcoin could resume its upward momentum in 2025. Based on his chart, he projects that the cryptocurrency could surge as high as $190,000 in Q2 next year. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst Ali Martinez has indicated that there is a looming parabolic rally for the Dogecoin price. Martinez predicted that the foremost meme coin could rally above $1 and reach as high as $20 if history repeats itself. Dogecoin Price Set For Rally Above $1 In an X post, Ali Martinez shared an accompanying chart […]
A crypto analyst has set an ambitious target between $7 and $13 for the XRP price, basing his predictions on the Elliott Wave theory and Fibonacci levels. According to the analyst’s price chart, Wave 2 and 5 could push XRP to these key targets, marking new all-time highs for the cryptocurrency. XRP Price Roadmap To New ATHs The XRP price has been on a rather lengthy consolidation trend, halting its previous price momentum after hitting the $2.5 mark. Despite facing bearish trends and a drop to $2.2, a crypto analyst on TradingView, ‘Zerpcrypto,’ has shared a bullish forecast for the popular altcoin. Related Reading: Bitcoin Price Flashes Major Buy Signal On The 4-Hour TD Sequential Chart, Where To Enter? According to the analyst, XRP could experience a significant price increase between $7.4 to $13.5. The analyst based his bullish projections on XRP’s recent price action and the Elliott Wave theory, a technical analysis tool that identifies predictable patterns in crypto prices and helps forecast market trends. Zerpcrypto shared a 2-year XRP price chart from 2014 to the present; labeling wave counts from one to five for the larger cycles and sub-waves within these cycles. The analyst’s chart indicates that XRP is currently in the middle of Wave 3, signaling a potential upward move. With Wave 2 already complete, Zerpcrypto anticipates that Wave 3 could trigger a strong price rally, potentially propelling XRP to $7.4. After reaching the Wave 3 target, a minor pullback is expected in Wave 4, allowing the market to consolidate before XRP’s final big push upward into Wave 5. In this last wave, XRP could rise to $13.5 and potentially even surge as high as $27.4. In addition to the Elliott Wave theory, Zerpcrypto‘s predictions are grounded in Fibonacci levels. The projected $7.4 and $13.5 XRP price targets align with the 4.236 and 8.618 Fibonacci extension levels respectively, reinforcing the analyst’s bullish outlook. Zerpcrypto has also spotlighted a positive Moving Average Convergence Divergence (MACD) for XRP, further strengthening his confidence in the cryptocurrency’s projected $7.4 to $13.5 price target. Crypto Whales Buy 40 Million XRP Despite XRP’s price drop to $2.25, a 13% decline over the past week, whales continue accumulating large amounts of tokens, viewing the price dips as a potential buying opportunity. Crypto analyst Ali Martinez revealed in a recent X (former Twitter) post that whales have bought another 40 million XRP in the last 24 hours. Related Reading: XRP Price On Its Way To $10 In Only 3 Months If It Follows This Pattern A crypto community member has speculated that this large-scale purchase could signal that whales may be positioning themselves for significant change in XRP. Typically, a surge in whale buying activity often suggests increased confidence in the bullish outlook of a cryptocurrency. With XRP’s price surging over 4X from its previous low of $0.5 to surpass $2.2 in just two months, analysts are forecasting continued gains as the bull market gains momentum. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst TradingShot has provided insights into the Bitcoin price recovery to $150,000. He analyzed the Fibonacci levels to provide insights into how Bitcoin could reach this new high, although the analyst suggested that there could be more price correction before that happens. The Bitcoin Price Recovery To $150,000 In a TradingView post, TradingShot stated […]
Shiba Inu (SHIB), one of the most talked-about meme coins in the cryptocurrency space, has seen a notable surge in whale activity in the past 24 hours. Particularly, data from on-chain analytics platform IntoTheBlock reveals a 265% increase in whale transactions within the past 24 hours. Interestingly, this surge in whale activity is more notable […]
A crypto analyst has shared a TD Sequential chart indicating that the Bitcoin price is flashing a major buy signal in the 4-hour time frame. This signal suggests that Bitcoin’s bearish momentum could be waning, making this a potentially critical moment to consider entering the market. Bitcoin Price TD Sequential Flashes Buy Signal A TD Sequential is a unique technical indicator that identifies trend exhaustion and price reversals and indicates buy or sell signals. According to an X (formerly Twitter) post by crypto analyst Ali Martinez, Bitcoin’s 4-hour chart showcases a green “9” candle, signaling a potential buying opportunity. Related Reading: Dogecoin Price Above $10: Historical Data Shows How High DOGE Will Go This Bull Cycle Typically, in a downtrend, the green 9 candle is interpreted as a buy signal, indicating that bearish momentum might be reaching exhaustion and prices could be getting ready for a rebound. Martinez also shows an ”A13” marker on the TD Sequential chart, which represents a countdown phase that tracks 13 additional candles and identifies a stronger trend exhaustion. During a downtrend, the appearance of a TD Sequential A13 often signals a potential decline in a cryptocurrency’s sell-off phase, reinforcing the possibility of a price reversal. Bitcoin’s current buy signal emerged as its price exceeded $94,000. This buy signal suggests an optimal time to enter the market, with the $94,915 price point highlighted as a potential entry for traders aiming to capitalize on a possible Bitcoin price rebound. Although the TD Sequential is an indicator used to identify buy and sell signals, market participants can exercise caution by considering additional factors like volatility, broader market sentiment, and more. If the current buy signal holds, Martinez has predicted that a price rebound can be expected. However, a failure to maintain its current price could lead to further downsides, potentially pushing Bitcoin to its next critical support level. BTC Market Top Set At $168,500 In another more recent X post, Martinez presented a chart of Bitcoin’s price movements, predicting a market top above $168,500 based on the Mayer Multiple. The chart shows Bitcoin price performance based on the Mayer Multiple, which compares BTC to the 200-day Moving Average (MA). Related Reading: Bitcoin Price Above $100,000 Again? Why $99,800 Is An Important Resistance To Break The red line, as seen on the chart, indicates the Mayer MultipLe (MM) at 2.4, while the green line showcases MM at 0.8. Additionally, the blue line is the Oscillator, which tracks the Mayer Multiple over time. Historically, the Bitcoin price tops have coincided with the Mayer Multiple reaching the 2.4 level or higher. Currently, Bitcoin’s Multiple Mayer sits at 1.3845 in the chart. However, if its price continues to rise and the MM reaches 2.4 again, Martinez predicts a market top above $168,500 for Bitcoin. As of writing, Bitcoin’s price is $94,692, meaning a surge to $168,500 would require a significant 78% increase from its present market value. Featured image created with Dall.E, chart from Tradingview.com
Crypto analyst Behdark has provided an in-depth analysis of the Dogecoin price roadmap to its current all-time high (ATH) of $0.75. In his analysis, he explains why Dogecoin could still witness a significant correction before it rallies to its current ATH. Dogecoin Price Next Wave Is Bearish In a TradingView post, Behdark stated that the Dogecoin price seems to be entering wave F, which is a bearish wave. The crypto analyst noted that the previous corrective waves of this diametric lasted between 196 and 347 days, so this wave F is also expected to last between 196 and 347 days. Related Reading: Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally The analyst’s accompanying chart showed that the Dogecoin price could drop to as low as $0.15 on this wave F corrective move. Similar to waves B and D, the analyst remarked that this corrective wave is expected to be highly volatile. Based on the 196 to 347-day timeline, this corrective wave might not end until sometime in November 2025. Once the corrective wave F is done, the Dogecoin price will transition to wave G. Behdark stated that Wave G will be a bullish wave that might lead to a new ATH. The accompanying chart showed that Dogecoin could reach around $0.8 on this impulsive move to the upside. However, the much-anticipated psychological $1 price level could still elude the foremost meme coin. Meanwhile, the crypto analyst added that a weekly candle below the invalidation level at $0.12 would invalidate the buy outlook for the green zone between $0.15 and $0.20. Behdark’s analysis provides a completely different perspective for the Dogecoin price, considering that crypto analysts like Trader Tardigrade have predicted that the meme coin could rally to double digits before mid-2025. Behdark’s analysis also suggests that the Dogecoin price is unlikely to reach $1 in this market cycle, a target market participants have set their eyes on since the meme coin began its parabolic rally between October and November. Four-Year Cycle Still In Play Crypto analyst KrissPax provided a more bullish outlook for the Dogecoin price, stating that the four-year cycle is still in play. The analyst cited a historical pattern in which Dogecoin took off in January 2021 after an uptrend in late December 2020. He then raised the possibility of this historical trend repeating itself again. Related Reading: XRP Battles Critical $2.20 Support Level — Will It Target $2.70 Or Slip To $1.96? Crypto analyst Master Kenobi had before now also suggested that a Dogecoin price rebound was likely in January 2025 as he alluded to the historical pattern in the 2021 bull run. The crypto analyst believes that Dogecoin could reach a new ATH around Donald Trump’s inauguration, especially with the Department of Government Efficiency (D.O.G.E) coming to life when Trump takes office. At the time of writing, the Dogecoin price is trading at around $0.31, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image created with Dall.E, chart from Tradingview.com
The 24-hour Dogecoin price action has been highlighted by a range between $0.3049 and $0.3229 as both the bulls and bears work to break into either side. As the cryptocurrency continues to struggle with price corrections on the short-term timeframe, technical analysis of a wider timeframe shows a bullish structure that would lead to a […]
The XRP price has continued its steep correction into the past 24 hours, with it currently hovering around the $2.2 price level. Nonetheless, analysts are still concerned about the possibility of the XRP price reaching new highs sooner than later, with some giving projections into the two-digit threshold at $10 and beyond. Interestingly, crypto analyst Cryptoinsightuk recently shared his thoughts on social media platform X, drawing attention to a potential roadmap for XRP to achieve this ambitious target. Mirroring The 2017 XRP Price Pattern Cryptoinsightuk has brought a compelling perspective to the ongoing XRP price correction and its previous rally, highlighting how its current trajectory resembles the movement it experienced in 2017. Back then, XRP consolidated a little bit in early 2017 before undergoing a powerful rally that extended into 2018. Related Reading: XRP Battles Critical $2.20 Support Level — Will It Target $2.70 Or Slip To $1.96? With this in mind, technical analysis from Cryptoinsightuk adjusted the price action at that time to size in relation to XRP’s previous breakout in early October. According to this, if XRP continues to follow the 2017 pattern, the cryptocurrency could replicate this crazy move throughout 2025. Interestingly, the analyst’s overlay of the 2017 price action suggested that the XRP’s 460% price breakout from its early October range of $0.5 is already halfway into replicating this movement. If this were to continue playing out this way, the analyst expects XRP to break above $10 in the first quarter of 2025. However, Cryptoinsightuk’s projections extend beyond this initial $10 target in Q1 2025. If XRP’s price continues to mimic the historic movement beyond the first quarter, the analyst envisions what he describes as a “moon boy blow-off top.” This phase, which is characterized by a larger parabolic surge in price, could push XRP as high as $35 by the third or fourth quarter of 2025. Factors To Push XRP’s Bullish Trajectory CryptoinsightUK’s bullish outlook on XRP hinges on the cryptocurrency’s ability to replicate its 2017 movement. Back then, the parabolic surge saw XRP go from below $0.0060 until it reached its current all-time high of $3.40. Punching in the numbers, this comes up to around 56,000% gain over 12 months or so. Related Reading: Bitcoin $178K Target In Sight? Analyst Highlights Bollinger Band Retest Mirroring Jan. 2024 Rally While XRP is currently in a positive market sentiment to continue a strong bullish move, market conditions in 2024 are different from those in 2017. Furthermore, the amount of inflow capital needed to reach $10 or $35 at this point would be far greater than what it took to reach $3.4 in 2018. However, increased institutional involvement and factors like political and expected regulatory positivity in 2025 suggest that the XRP price could nonetheless go on a comparable surge. Additionally, broader crypto market trends, such as Bitcoin’s performance, could contribute to the predicted XRP price surge. At the time of writing, XRP is trading at $2.18. Reaching the $10 and $35 price targets would translate to a 358% and 1,505% move, respectively. Featured image created with Dall.E, chart from Tradingview.com
As of December 21, 2024, the Bitcoin price is trading at around $98,600, reflecting a 3.4% increase from its previous close. This rise is part of a broader trend marked by substantial price fluctuations in the past seven days, which saw Bitcoin breaking below close support levels. Particularly, Bitcoin’s price movement in the past few days has been filled with declines below the $100,000 price level and liquidations across the entire crypto industry. Analyst Predicts Bitcoin Price Surge Above $225,000 By June 2025 Among the many voices weighing in on Bitcoin’s future trajectory is Adrian Zduńczyk, a renowned cryptocurrency analyst better known as CRYPTO₿IRB. While sharing his insights on X, the analyst noted that Bitcoin’s current bull run is already 80% complete, with the remaining 20% expected to be the most exhilarating phase. According to Zduńczyk, this phase will push the Bitcoin price to unprecedented heights in the first half of 2025. Related Reading: Dogecoin Price And Its Weekly Golden Cross: Why The Crash To $0.31 Remains Natural Speaking of the bull run being 80% complete, the current market cycle arguably began in October 2023, when applications of Spot Bitcoin ETFs triggered euphoria among crypto investors. At that time, Bitcoin was trading around $26,000, but the ensuing rally saw it breaking above multiple price resistance levels in quick succession. This, in turn, led to a break above its then all-time high to cross above $70,000 in March 2024, and then the latest break above the $100,000 psychological threshold in December 2024. As CRYPTO₿IRB predicted, the current bull run has played out to about 80% of its trajectory, with only 20% left to play out. Calculations show that Bitcoin has already increased by about 315% since the bull run started about a year ago. However, the analyst’s projection suggests that the leading cryptocurrency is about to make another 110% increase from its current all-time high in the next six months. Particularly, Zduńczyk has projected that Bitcoin will peak at an astonishing price of over $225,000 by June 2025. Altseason To Follow Bitcoin’s Peak, Bear Market Lurks Beyond 2025 Zduńczyk anticipates that a major altseason, which is characterized by explosive gains across the altcoin market, will occur after Bitcoin reaches its projected peak. However, he cautioned investors to remain vigilant, warning that 2026 will likely usher in a bear market and potentially bring in losses between 80% and 90% from the highs of various cryptocurrencies. Related Reading: XRP Price Crash: Analyst Says Don’t Get Distracted As RSI Is Still Above A Bullish 50% His advice to the crypto community is clear: “Realize gains and run before 2025 ends.” The analyst also hinted at a significant development scheduled for December 27, which he cryptically referred to as a “big release,” though details remain undisclosed at this moment. Although CRYPTO₿IRB’s prediction is bullish, it pales in comparison to projections from other crypto analysts, with some putting Bitcoin’s peak above $1 million in the current market cycle. Featured image created with Dall.E, chart from Tradingview.com