Features Crypto News by Thebittimes.Com

Crypto trader and analyst Ali Martinez is highlighting one Ethereum (ETH) competitor that could double in price after a breakout. Martinez tells his 151,600 followers on X that Solana (SOL) could surge by a little over 100% from the current price to reach a new all-time high price of $360. Based on the analyst’s chart, it appears he’s suggesting that Solana is forming an ascending triangle on the 12-hour time frame. An ascending triangle is typically considered a bullish pattern in technical Analysis . “Not a bad spot to start loading Solana SOL before a breakout.” Source: Ali Martinez/X Solana is trading at $197.46 at time of writing, down by around 32% from the all-time high price of $294. Turning to Bitcoin (BTC), Martinez says the crypto king needs to hold support at $112,000 to avoid further downside risk. “Lose it and $108,000 is next.” Source: Ali Martinez/X Bitcoin is trading at $112,342 at time of writing. Next up is XRP (XR...

Blockchain tracking firm Lookonchain says a trader is reaping handsomely after making a bet on a social finance (SocialFi) crypto project built in the Solana (SOL) ecosystem. According to Lookonchain, a trader pseudonymously known as E4Rued has booked a profit of 34,500% on a stash of Launch Coin on Believe (LAUNCHCOIN) acquired less than a month ago. “28 days ago, E4Rued withdrew approximately $10,000 from Binance to buy LAUNCHCOIN before it surged. Then sold all LAUNCHCOIN for $3.46 million and deposited the funds back into Binance.” Source: Lookonchain/X Launchcoin is trading at $0.248 at time of writing, up by 71,164% from the April 22nd low of $0.000348. The blockchain tracking firm is also highlighting another trader who has recorded massive gains on the Solana-based SocialFi crypto project in a little over three weeks. “A trader made more than $4 million with only $8,191 in just 22 days — a 500x return! After more than four months of ...

Cryptocurrency trader and analyst Ali Martinez believes Ethereum (ETH) could have a massive breakout due to one key factor. Martinez tells his 114,500 followers on the social media platform X that crypto whales are loading up on Ethereum, adding buying pressure that could cause the altcoin to increase more than 100% above its current value. The analyst says that on-chain data is shows whales made more than $1 billion in total ETH purchases in the past seven days alone. “Whales have accumulated over 330,000 Ethereum in the past week, valued at more than $1 billion!” Source: Ali Martinez/X The analyst believes ETH may now be consolidating amid the buying frenzy before a “massive bullish breakout.” “This buying pressure is building momentum. Ethereum is currently forming the right shoulder of a head and shoulders pattern. While the $2,700 to $2,900 range serves as a buying opportunity, a sustained close above the neckline at $4,000 co...

Cryptocurrency trader and analyst Ali Martinez is predicting a triple-digit rally for XRP as he offers his insight on two other altcoins. Martinez tells his 113,700 followers on the social media platform X that XRP could skyrocket by 200% from the current level. Citing on-chain data, the trader says that the third-largest crypto asset by market cap is currently experiencing heavy demand. “On-chain data reveals that whales have been heavily accumulating XRP. In the last week alone, they’ve purchased over 1.10 billion XRP. This buying pressure is building momentum. XRP has broken out of a bull pennant, a classic bullish pattern. If the buying pressure continues, it could help propel XRP to $10.” XRP is trading at $3.33 at time of writing, a few cents below the all-time high of $3.40 reached seven years ago. Next up is Solana (SOL). According to the crypto trader, the Tom DeMark (TD) Sequential indicator, a tool used to identify potential points of a trend reversa...

Amid the ongoing trend of investors profiting massively from meme coins, an unknown trader has capitalized on this momentum to register a 490-fold return on their investment in the Comedian (BAN) token. Specifically, the trader turned an initial investment of $1,795 into $873,000 in just two days in a transaction involving the BAN/SOL pair on the Raydium automated market maker (AMM) platform, according to data shared by the on-chain Analysis platform Lookonchain on October 27. In this case, the returns were not just due to mere luck, as the trader employed a strategic approach. The investor began with 10.2 Solana (SOL), securing 36.27 million BAN tokens.  Picks for you AI predicts Bitcoin price for year-end 16 hours ago Concerning: U...

While it is no secret that the cryptocurrency market can provide some lucrative opportunities for a savvy investor, some traders are proving to be savvier than others, including one that has managed to profit a staggering $4.4 million in less than a month trading one particular meme coin. Specifically, this crypto whale has profited $4.36 million by trading Popcat (POPCAT) after spending 4.13 million USDC to buy 6.11 million POPCAT at the price of $0.68 three and a half weeks ago, according to the data shared by blockchain analytics platform Lookonchain in an X post on October 6. Indeed, the Solana (SOL) meme coin saw a significant increase in price since then and has recently broken through $1.40, making a new all-time high (ATH), which allowed this smart money to make a 106% return in less than a month, considering that their purchased POPCAT is now worth about $8.49 million. Picks for you ...