Analysis Crypto by Thebittimes.Com

Bitcoin (BTC) is among the best-performing assets of the last decade and a half. The original cryptocurrency has outperformed even some of the biggest tech stocks. BTC recently overtook Google’s parent company, Alphabet, and Amazon to become the world’s fifth-largest entity by market cap. BTC’s market cap has since fallen below Amazon’s and currently sits in the sixth position among the world’s most valuable assets. Let’s discuss the asset’s price if its market cap equals that of Apple. Also Read: Markets Flash Green After Hayes Declares: ‘Buy Everything’ What’s Bitcoin’s Price If Its Market Cap Equals Apple? Source: Notebook Check Apple (AAPL) is currently the third-largest asset by market cap. The tech company boasts a market cap of $3.14 trillion. Apple currently sits behind only Microsoft and gold among the most valuable assets. Also Read: China Chooses US Trade, Weakens Russia’s De-Dollarization Push On the other hand, there are...

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Amidst the tariff turmoil of early April, XRP plunged into the unknown as it lost the critical $2 support zone.  Simultaneously, traders made a vote of confidence in the token by generating enough buying pressure to return it, by press time, to $2.01, with ‘smart money’ investors playing a pivotal role on April 9, per the data Finbold retrieved from Spotonchain on April 11. XRP smart money moves and token price. Source: Spotonchain Specifically, ‘smart money’ provided two-week-high inflows on the day, taking advantage of the ‘dip,’ and stabilizing XRP above $1.75. Interestingly, data reveals that these experienced traders were also not certain how low the token would go, as records show no significant buying at the April 7 $1.65 lows.  Indeed, veteran investors appear to have waited for the market to find a bottom and entered the game only after XRP made its first downward correction on its path to recovery. Are the smart money XRP inflows bullish? ...

Since reaching an all-time high (ATH) of $109,114.88 on January 20, Bitcoin (BTC) has been on a steady decline, struggling to regain momentum amid persistent selling pressure and growing bearish dominance in the market. Now, technical indicators point to a deeper correction, with $73,000 emerging as the primary target, as noted by trading expert RLinda. Technical analysis: Key levels to watch According to RLinda , Bitcoin’s global growth momentum has stalled, with the asset moving into a deep correction phase.  Picks for you Here’s how much money Elon Musk has lost since Trump took office 2 hours ago Expert sets XRP's path to invalidate bearish trend and target $5 23 hours ago ...

Bitcoin (BTC) crashed by more than 21% in the last seven days from a local peak at $99,495, down to $78,219 on February 28, bringing uncertainty to traders and investors. A prominent trading expert, however, believes this movement is part of an expected market correction that is about to end. CrypNuevo , a well-known smart trader, has been posting technical analyses updates throughout the week, following Bitcoin’s price action. Despite missing, and acknowledging the fail, of a forecasted support at $91,764, CrypNuevo quickly adjusted to BTC’s new reality. Bitcoin (BTC) price chart analysis posted on February 26. Source: TradingView / CrypNuevo Bitcoin technical trading targets for end February and March According to a recent update, the trading expert is looking at the 50-week exponential moving average (1W50EMA) as the leading indicator to set Bitcoin’s target. This would be at $76,200, which could be hit precisely or not, with the price hovering around this lev...

The Dogcoin price has skyrocketed 408% in the last 24 hours to trade at $0.00423 as of 3:25 a.m. EST on a 1,154% pump in trading volume to $12.2 million. Dogcoin Price Rebounds In A Parabolic Curve The DCOIN/USD chart in the 15-minute timeframe indicates a clear shift from consolidation to a strong bullish breakout. Initially, the price showed a tight consolidation phase near the $0.00326 level, as seen by the flat movement along the 50-period moving average. This period of low volatility often indicates accumulation by market participants. Following this, a parabolic curve pattern emerged, a hallmark of accelerating buying pressure. The price subsequently broke out above the key support level at $0.00365, validating the start of a strong upward trend. The breakout pushed the price to a peak of approximately $0.00460, reflecting heightened bullish enthusiasm. The price has stabilized near $0.00423, holding well above the moving average, now serving as a dynamic support zone. DCOI...

The cryptocurrency industry witnessed the entry of a fairly new frog-themed meme coin in the canine-dominated arena. PEPE has been making headlines since the time of its launch. More recently, PEPE was one of the few coins that hit a new peak this month. The meme coin slowed down after a notable rally during the past 30 days. Also Read: Tron’s Justin Sun invests $30M in Donald Trump’s Crypto Project Is PEPE Experiencing A Correction? Source The cryptocurrency traded at $0.00001932 following a 3.79% decline over the past 24 hours. It should be noted that PEPE has had a challenging week, as it dropped by over 4%. But the meme coin surged by a staggering 112% throughout the month. About 12 days ago, on November 14, the asset hit an all-time high of $0.00002524. Currently, PEPE is trading 23% below this peak. It looks like whales were pocketing the asset while it was dipping. The meme coin’s large transaction volume currently sits at $260.3 million. This comes after an increase of 47%...

Bitcoin’s new price follows after it hit $98,000 yesterday Analyst Skew said there is “positive market signal” and that there is “a lot of aggregate spot supply around $100k” Bitcoin came within touching distance of $100,000 on November 22 as the asset continues its bull run since the beginning of November. Bitcoin nears $100,000. Source: CoinMarketCap Data from CoinMarketCap shows Bitcoin hit a high of $99,500. The record comes after Bitcoin topped $98,000 yesterday, pushed along by the launch of ETF options earlier this week. The rally follows after Bitcoin dipped to $95,000 yesterday afternoon before rallying into the green. Taking to X, analyst Skew said: “Price did see a brief LTF dip before higher thereafter. Still seeing limit bids moving higher with underlying spot buyers ~ positive market signal,” adding: “A lot of aggregate spot supply around $100k. Price currently is chewing away at this supply, be...

Early Shiba Inu (SHIB) investors are among the luckiest few in the cryptocurrency community. The ones that held on till SHIB hit an all-time high of $0.00008616 in October 2021 made massive returns with minimal investments. The dog-themed cryptocurrency’s price rose by many million percent during the 2021 bull run. People who got into the project in its early days became overnight millionaires. According to Bubblemaps, one of the earliest Shiba Inu (SHIB) whales controls nearly 10% of the asset’s supply. The whale wallet continues to hold its tokens despite making massive gains. Between August and October 2020, the whale purchased 38 ETH worth of SHIB, which was roughly $10,000 back then. Also Read: Ripple: When Will $1000 Worth of XRP Become $500,000? How Did $10,000 Become $2.5 Billion? Fast-forward to October 2021, when the value of the whale’s SHIB holdings skyrocketed to nearly $5 billion after SHIB hit an all-time high. To increase its anonymity, the whale split ...

Dogecoin (DOGE) has displayed quite a stellar performance in October 2024. Despite a 0.5% correction in the daily charts, the asset is up 4.8% in the weekly charts, 3.2% in the 14-day charts, and nearly 40% over the previous month. DOGE’s price has also rallied by 120.8% since November 2023. Source: CoinGecko Also Read: Is Webull Good for Day Trading? Why Did Dogecoin (DOGE) Rally In October? October has historically been a bullish month for the crypto market, and this year, the historical trend was intact. Bitcoin (BTC) displayed an incredible rally by the end of last month, reclaiming the $73,000 level for the first time since March 2024. Despite reaching $73,000, BTC did not surpass its all-time high of $73,737. BTC’s rally may have pushed DOGE’s price. One of the most significant reasons for DOGE’s rally is Elon Musk’s plan to launch a Department of Government Efficiency under Donald Trump’s leadership. The new department could be shortened to DOG...

The Neiro price has skyrocketed 2,047% in the past week even after sliding 6.9% in the last 24 hours to trade at $0.0008557 as of 6:30 p.m. EST on a 21% plunge in trading volume to $401 million. Neiro Price Analysis: Bulls Signal A Trend Reversal The NEIRO/USD 4-hour price action shows that the NEIRO is in the early stages of a potential bullish reversal. According to data from GeckoTerminal, a recent transition from a consolidation stage to a sharp upward movement marked by a parabolic curve indicates strong bullish momentum. The price, currently around $0.0008557, has broken above the 50-period simple moving average (SMA) at $0.0004439, while the 200-period SMA is slightly below the current price at $0.0001523. Moreover, these are key indicators of a potential trend reversal from bearish to bullish. The 50-SMA, now acting as potential support, could stabilize the price in case of a pullback, while the 200-SMA still trends downwards, indicating a bullish long-term trend. ...

The Shiba Inu (SHIB) ecosystem has endured a difficult month throughout August. With more falls than upticks, the meme coin suffered. The asset dipped to a low of $0.00001108. While the community was hoping that Shiba Inu would eliminate a zero, it dropped by close to 14% over the past 30 days. Despite this, the market seemed optimistic and was hoping for an eventful September 2024. Also Read: Toncoin Sept’ Analysis : Will Durov Drama Push TON Down To New Lows? Current Market Status and Predictions Source At press time, the meme coin was trading at $0.00001487, a drop of 1.12% over the past 24 hours. This dip comes as a surprise to many, as the network announced its recent inclination towards decentralization. Also Read: ASEAN: Singapore Dollar Strengthens Against USD: What’s Happening? SHIB is currently the 13th largest cryptocurrency, with a market capitalization of $8.85 billion. The asset demonstrates its wide acceptance and significant market presence. Investor Sentiment and Marke...