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Showing posts with the label price targets

AI predicts Terra Classic (LUNC) price for year-end

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Terra Classic (LUNC) has struggled to maintain prices throughout 2024. Various measures have been implemented to stabilize LUNC’s prices — most notably, token burns aimed at reducing supply and thus increasing value. Given that the wider cryptocurrency market has entered a full-blown bull run — many traders are anticipating the start of the long-awaited altcoin season. Some are speculating that the wider surge, coupled with a decreasing supply, could lead LUNC to experience significant moves to the upside — especially taking into consideration its performance over the last month.  LUNC was trading at a price of $0.0001225 at press time, after a 5.22% gain on the daily chart supplemented weekly returns to 8.82%, bringing returns over the last 30 days up to 32.68%. On a year-to-date (YTD) basis, prices are still down 11.61%. Picks for you ...

AI predicts Bitcoin Cash price for year-end

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Dating back to 2017, Bitcoin Cash (BCH) is a hard fork of the leading cryptocurrency Bitcoin (BTC), which was developed to solve some of BTC’s scalability issues.  With a much larger block size limit of 32MB, compared to Bitcoin’s 2MB limit, BCH can provide both cheaper and faster transactions. However, the project has run into several difficulties — most notably, an internal disagreement led to another fork which resulted in the creation of Bitcoin Satoshi Vision (BSV) in 2018. Despite the obvious advantages that BCH provides in terms of utility, it hasn’t managed to secure a market capitalization comparable to its more established cousin.  Picks for you Here’s why Gold’s next move could propel prices to new highs 25 mins ago Sup...

Momentum Indicator Flips Bullish for Ethereum Rival Solana, According to Crypto Analyst – Here Are His Targets

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A momentum indicator recently flipped bullish for Solana (SOL), according to a popular crypto analyst. Ali Martinez tells his 70,400 followers on the social media platform X that the top Ethereum (ETH) rival’s Tom DeMark (TD) Sequential Indicator presented a buy signal on the asset’s daily chart. Source: Ali Martinez/X Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles. Martinez says SOL “could rebound from the channel’s lower boundary toward the middle or upper boundaries, positioned at $154 and $187 respectively.” SOL is trading at $123.22 at time of writing. The 5th-ranked crypto asset by market cap is down nearly 6% in the past 24 hours and nearly 10% in the past seven days. The analyst does caution, however, that a sustained close below the channel’s lower boundary at $126 could trigger a significant price correction for SOL, pushin...

Bitcoin analyst reveals his BTC trading plan for this week

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Bitcoin (BTC) has a volatile week ahead, with notable short-term technical indicators in its price chart. A prominent Bitcoin trading analyst revealed his plan to trade BTC between price targets from $51,500 to $61,300. CrypNuevo has drawn two possible scenarios for trading Bitcoin this week, considering multiple indicators and sharing the plan on X. In particular, the trader highlighted candlestick wicks in the daily and four-hour charts, together with a liquidation heatmap. Finbold has previously reported these two strategies from CrypNuevo , which have a high accuracy rate for weekly trades. Moreover, the analyst also considered the 50-hour exponential moving average (1H 50-EMA) as a key low-time frame resistance. Picks for you S&P 500 surges $5 trillion in 20 days; contrarian traders take profits 1 hou...