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As Dogecoin (DOGE) struggles with short-term bearish sentiments, historical price movements and technical indicators suggest the top meme coin might be poised for another parabolic rally. This outlook comes from renowned cryptocurrency trading expert Ali Martinez, who drew parallels between Dogecoin’s 2017 and 2021 movements, hinting at explosive growth after significant retracements, as shared in an X post on December 23. Back in 2017, Dogecoin surged 212%, followed by a 40% retracement, before embarking on a 5,000% rally. Similarly, in 2021, DOGE climbed 476%, retraced by 56%, and soared by 12,000% to reach its all-time high. Picks for you Here’s Cardano’s (ADA) path to $6 16 hours ago AI picks 2 altcoins set to outperform Bitcoin i...

Bitcoin might crash after a fake price rise that failed to reach new highs. Expert trader Alan Santana sees multiple danger signs in current market conditions. Bitcoin has dropped for five days straight – something not seen since May 2023. Market data shows consistently low trading volumes and weakening price support levels, raising serious concerns about future price stability. Also Read: How High Bitcoin (BTC) May Pump If Trump Wins The US Elections? Navigating Bitcoin’s Volatility: Expert Insights and Price Analysis Image: Watcher Guru Bitcoin (BTC) Critical Support Levels Under Pressure BTC now sits at a key price point of $69,000, with mounting pressure from sellers. Santana warns of a major market crash that could push prices down to $40,000 if it drops below this mark. Recent charts show a clear “rounded top” pattern, which typically signals more price drops ahead. A failed attempt to break through the $73,800 resistance level strengthens the bearish case....

With the majority of assets in the crypto currency sector slowing down and consolidating their gains from previous weeks, Render (RNDR) is no different, but the current dip could represent a good opportunity to accumulate some of the ‘Nvidia of crypto .’ As it happens, a buy zone for the decentralized GPU rendering platform that allows users to rent out their idle processing power to artists and creators in need of it stands between $7 and $10, according to the Analysis by crypto trading expert Michaël van de Poppe in an X post on April 1. RNDR price action analysis. Source: Michaël van de Poppe According to the analyst’s observations, Render is a “massive project and has yielded a large return,” therefore he was eyeing the above price range for buying into the asset, which at the time represented a 40-50% correction, adding that he wasn’t sure he’ll get the chance, “but if I do, I’ll take it.” Picks for you Machine learning algorithm predicts Bitcoin price for Apri...

With Bitcoin (BTC) price hanging around the $44,000 zone and trading sideways for the past few days, investors are wondering whether the trend could change in the near future, particularly amid the looming possibility of an approval of the first spot Bitcoin exchange-traded fund (ETF). As it happens, Bitcoin is looking at one of the strongest support walls between $42,560 and $43,245, at which price traders purchased around 1.11 million BTC and have not sold them yet, according to the Analysis shared by cryptocurrency expert Ali Martinez in an X post on January 7. In line with the unspent transactions output (UTXO) realized price distribution (URPD) chart, Martinez opined that the flagship decentralized finance (DeFi) asset managing to hold above this strong support level would indicate a lack of “significant resistance ahead that will prevent it from advancing further.” On the other hand, Bitcoin failing to maintain its position above the said wall would potentially lead to “...