Posts

Showing posts with the label elliott wave theory

Ripple Prediction: XRP Price For End of May, 2025

Image
XRP price prediction models indicate the cryptocurrency will decline to $2.16 by May 31, 2025, representing an 11.47% drop from current $2.44 levels. Daily Ripple price forecast data from CoinCodex shows consistent downward pressure throughout the month, with the lowest point expected at $2.11 on May 26th. Despite short-term bearish XRP price prediction signals, analysts maintain bullish long-term crypto market outlook projections based on Elliott Wave theory and growing institutional adoption. Also Read: From $0.50 to $3.4: What $1,000 in XRP Could be Worth If History Repeats Itself Ripple Price Forecast, Market Trends, and May 2025 Outlook Source: Watcher Guru Technical Analysis Shows Bearish XRP Price Prediction for May Current Ripple price forecast data reveals consistent downward momentum through May’s final week, and traders are paying close attention to these technical indicators. XRP price prediction models project the asset will test $2.18 on May 25th, followed by further...

Bitcoin Primed To Hit New All-Time High in Next Leg Up, According to Crypto Analyst – Here’s His Target

Image
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC). The analyst and trader pseudonymously known as Bluntz tells his 309,200 followers on the social media platform X that Bitcoin has witnessed “savage price action” after falling to around $89,200 and then quickly recovering. According to the analyst, Bitcoin is primed to rally by at least 17% from the current level. “Take the lows, make everyone capitulate and then up only with no dips forcing sidelined traders and investors to chase price higher. This next leg up should be the one that takes us to $120,000+ in my opinion.” Source: Bluntz/X Based on a chart by the pseudonymous analyst who regularly applies the Elliott Wave theory in his technical Analysis , Bitcoin is in the last part of a five-wave pattern that started in September of 2024. The Elliott Wave theory states that the main trend of the price of an asset moves in a five-wave pattern while a correction ...

Top Trader Says Dogecoin and Shiba Inu Rival Has Started Push to New All-Time High, Outlines Targets for Bitcoin

Image
A widely followed cryptocurrency analyst and trader is turning bullish on a Dogecoin (DOGE) and Shiba Inu (SHIB) rival. The analyst pseudonymously known as Bluntz tells his 290,300 followers on social media platform X that the memecoin Pepe (PEPE) could soar more than 28% from its current value. The analyst practices the Elliott Wave theory, which states that a bullish asset tends to witness a five-wave upside move after completing an ABC move down. “PEPE has now done a nice five up from the lows on low timeframes and the pullback from the highs was also a clear three-wave move down. The push into fresh all-time high looks like it has begun.” Source: Bluntz/X Looking at his chart, the analyst suggests Pepe may soar to more than $0.00003000 under the Elliott Wave theory principles for a bullish asset. Pepe is trading for $0.00002339 at time of writing, up 14.2% in the last 24 hours. Next up, the analyst says that Bitcoin (BTC) may have completed an ...