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News – Page 277 – BitcoTasks BLOG
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Ethereum Flashes Bullish Signals, Can It Rally 50% From Here?

Ethereum

The second-largest crypto token by market cap, trend reversal for the crypto token, which has several bullish signals on its chart.  Ethereum Has A Bullish Chart Crypto analyst Derek revealed in an X (formerly Twitter) Ethereum Dominance chart, which has confirmed three bottoms and gave a strong rebound.  The analyst explained that “leading a rebound…

Ethereum Flashes Bullish Signals, Can It Rally 50% From Here? Read More »

This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals

Bitcoin News

A quant has pointed out how a Bitcoin metric may have detected selling pressure in the market, and therefore, the subsequent price drops, in advance. Bitcoin CDD Registered Spikes Before Recent Price Plunges In a new Coin Days Destroyed (CDD) on-chain indicator may be used to identify selling pressure in the market early. A “coin…

This Bitcoin Metric Foreshadowed Recent Price Drops, Quant Reveals Read More »

Crypto Analyst Says Altcoins Are About To Enter A Parabolic Curve, Here’s Why

Altcoin

Expectations for the crypto industry are still high, and altcoins, in particular, are expected to do well. One crypto analyst known as El Crypto Prof on X (formerly Twitter), shares this sentiment, expecting the altcoin market to go on a parabolic rally. Altcoins Are Set To Explode In a post on X (formerly Twitter), the…

Crypto Analyst Says Altcoins Are About To Enter A Parabolic Curve, Here’s Why Read More »

Ethereum Fees Dive: Will This Spark A Surge In Network Activity?

Ethereum

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the average Ethereum transaction fee has plunged to a mere $1.12, marking the lowest daily average cost since October 18th, 2023. Ethereum Transaction…

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Bitcoin Long-Term Outlook: Analyst Foresees Peak In Late 2025

Bitcoin

Following the fourth Bitcoin Halving, Rekt Capital, a popular cryptocurrency trader and expert, has offered a compelling narrative on the future trajectory of Bitcoin, predicting that the crypto asset could peak this bull cycle in the following year. Rekt Capital’s analysis emphasizes on the possibility that this current cycle could reiterate past Halving cycle trends,…

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CryptoQuant Analyst Reveals Signal That Shows Bitcoin Is Still Very Bullish

Bitcoin

The Bitcoin price movement in the past few days after the halving event has left many investors wanting. Particularly, price data shows the crypto failed to settle above $65,000 las week. At the time of writing, Bitcoin is trading at $62,105, down by 2.96% and 6.14% in the past 24 hours and seven days, respectively. …

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Legendary Trader Predicts When Bitcoin’s Bull Run Will End

Bitcoin

In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make…

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Polygon In Peril: Will MATIC Bounce Back Or Stay Stuck In The Sub-$1 Doldrums?

Altcoin

Polygon (MATIC), the high-speed scaling solution for Ethereum, has been on a rollercoaster ride this month. After a brutal price correction that saw MATIC tumble over 20%, a recent 24-hour surge has injected a dose of optimism into the market. But is this a sign of a full recovery, or a temporary reprieve before further…

Polygon In Peril: Will MATIC Bounce Back Or Stay Stuck In The Sub-$1 Doldrums? Read More »

XRP Sees Over $12 Million Sell-Off: Whale Warning Or Buying Opportunity?

Cryptocurrency Market News

The once-booming cryptocurrency XRP, championed by Ripple Labs, finds itself precariously perched on a stormy sea of uncertainty. Recent weeks have been a tempestuous voyage for the digital asset, rocked by a confluence of challenges: regulatory scrutiny, dwindling investor confidence, and now, the ominous exodus of major whales. XRP Whale Exodus Sparks Fear These “whales,”…

XRP Sees Over $12 Million Sell-Off: Whale Warning Or Buying Opportunity? Read More »

Alarm Bells Ring For Dogecoin: Bearish Signal Points To 40% Crash

Dogecoin

Crypto analyst Josh Olszewicz is once again warning of a looming Dogecoin price crash. The analysis hinges on the Ichimoku Cloud, a comprehensive indicator that provides information on support/resistance levels, momentum, and trend direction. Olszewicz’s analysis points to two specific technical phenomena on the 1-day (1D) chart of DOGE against the US dollar (DOGE/USD). Via X,…

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