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Bitcoin Has ‘One Final Leg’ of Outperformance Before Altcoins See Boost, According to Crypto Analyst

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A closely followed crypto analyst says that Bitcoin may have one last breakout rally before altcoins start to outperform BTC. The pseudonymous analyst known as Rekt Capital tells his 546,300 followers on the social media platform X that the Bitcoin dominance (BTC.D) metric may soon peak, opening the doors for altcoins to ignite explosive moves to the upside. BTC.D calculates how much of the crypto market cap belongs to BTC. A peaking Bitcoin dominance chart suggests that altcoins are close to outshining BTC. “Bitcoin dominance has one final leg left in its macro uptrend on the road to 71% (red). Any dips into 64% would constitute a retest. A successful retest would enable final trend continuation on the road to 71% (green box).” Source: Rekt Capital/X At time of writing, Bitcoin dominance currently stands at 64.82%. Next up, the analyst says that Bitcoin needs to hold a key support level at $93,500 on the weekly chart to maintain bullish momentum. ...

Ethereum Price Looks Set To Crash To $1,000-$1,500, But Can It Fill The CME Gaps Upwards To $3,933

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Chiliz (CHZUSD) Price Prediction for Today November 01: CHZ Reach $0.26 Level

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Buyers’ pressure increases in Chiliz market Chiliz (CHZUSD) Price Analysis – November 01 When the sellers put in more asset the key support level of $0.17 may be broken downside and the low of $0.13 and $0.10 may be reached. When there is a further increase in the buyers’ momentum, the resistance level of $0.22 may be broken upside, $0.26 and $0.28 levels may be tested. CHZ/USD Market Key Levels: Resistance levels: $0.22, $0.26, $0.28 Support levels: $0.17, $0.16, $0.13 CHZUSD Long-term Trend: Bullish Chiliz is under buyers’ control. Three weeks ago, sellers dominated Chiliz market. The price bottomed at the support level of $0.17. The just mentioned level holds and the price experience a bullish reversal at $0.17. Strong bullish candles emerges and price increases accordingly. The former resistance level of $0.13 and $0.17 have turned to support level. The daily chart has shown that buyers are dominating the market. The price action has formed an in...

Litecoin Price Prediction for Today, October 23: LTC/USD Bulls Could Eye $60 Resistance

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The Litecoin price prediction manages to maintain its position as the bulls maintain the desire to defend the support level of $51. Litecoin Price Statistics Data: Litecoin price now – $53.38 Litecoin market cap – $3.8 billion Litecoin circulating supply – 71.4 million Litecoin total supply – 84 million Litecoin Coinmarketcap ranking – #20 LTC/USD Market Key Levels: Resistance levels: $60, $65, $70 Support levels: $45, $40, $35 After being locked below the 9-day and 21-day moving averages on the price charts for the past few days, LTC/USD undergoes a much-needed break to the positive side as the market opens today. The Litecoin price is seen posting gains of around 2.28% in the last 24 hours, trading above the 9-day and 21-day moving averages at $53.38 at the time of writing. Litecoin Price Prediction: Would Litecoin (LTC) Bounce Back? The Litecoin price is hovering above the 9-day and 21-day moving averages it is now roaming around the $53....

Bitcoin Price Prediction for Today, October 21: BTC/USD Finally Breaks Below $19,000

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The Bitcoin price prediction shows that BTC is currently down by 0.22% after terribly crossing into the negative side. Bitcoin Prediction Statistics Data: Bitcoin price now – $19,000 Bitcoin market cap – $364.3 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Ranging (Daily Chart) Key levels: Resistance Levels: $22,000, $23,000, $24,000 Support Levels: $17,000, $16,000, $15,000 The daily chart reveals that BTC/USD finally trades below the $19,000 support level to touch the new daily low at $18,900. If the bears increase the selling pressure, the Bitcoin price may see another sharp drop below the support level of $18,500. However, the technical indicator Relative Strength Index (14) is likely to cross below the 40-level. Bitcoin Price Prediction: Bitcoin (BTC) Ready to Fall More According to the daily chart , the Bitcoin price refuses to move to th...

Maker Price Prediction for Today, October 19: MKR Trends Higher

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Join Our Telegram channel to stay up to date on breaking news coverage Maker retest $1155 level MKRUSD Price Analysis – October 19 Further increase in bulls’ momentum may increase Maker to $1155, $1223 and $1300 resistance levels. When the bears increase their momentum price may decrease to $1064, $977 and $926 support levels. MKR/USD Market Key levels: Resistance levels: $1155, $1223, $1300 Support levels: $1064, $977, $926   MKRUSD Long-term trend: Bullish MKRUSD is bullish on the long-term outlook. The coin found support at the support level of $591 on 21 September. The following day, a bullish engulfing candle emerged and price increases to the high of $1155 level. The just mentioned level was tested on October 09. It pulled back to retest the support level of $877. The price bounced up to retest the previous high at $1155 resistance level. Buyers maintain their position by placed the coin above the two dynamic resistance levels. The trading of Mak...

Daily Tamadoge Price Prediction for 17th of October: Buy the TAMA Dip

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As the Tamadoge market is experiencing a brief downtime, it opens a door of opportunity for investors to come in. Some investors are already taking up the opportunity. And because of this, we can now see some bullish activities around the current price . And it is because of these bullish activities that Tamadoge price cannot fall below the current level . Tamadoge Market Price Statistic: TAMA/USD price now: $0.0324 TAMA / USD market cap: $37,417,929 TAMA/USD circulating supply:1.05Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: #2674 Key Levels Resistance: $0.0400, $0.0500, $0.0600  Support: $0.0300, $0.0400, $0.0450   Buy Tamadoge on OKX   Tamadoge Market Price Analysis: The Indicators’ Point of View After a brief convergence of the two bands of the Bollinger indicator between the 10th and 11th hour, we see a price break out to the downside. However, the hope is rising as we see price action performing below the bands...

Daily Tamadoge Price Prediction for the 16th of October: Buy TAMA/USD Now!

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  In the 8th hour of today’s trading session, the TAMA market hit a new support level at $0.0324. Since then the market took this as the basis for the bullish trend performance. In the 9th hour of today’s trading session, a very significant bullish candle appears on the chart. This was followed by a significant bearish candle. but the bulls were quick to salvage the market Tamadoge Market Price Statistic: TAMA/USD price now: $0.0354 TAMA/USD market cap: $37,417,929 TAMA/USD circulating supply:1.05Billion TAMA/USD total supply: 1,049,733,333 TAMA/USD coin market ranking: #2674 Key Levels Resistance: $0.0400, $0.0500, $0.0600  Support: $0.0300, $0.0400, $0.0450   Buy Tamadoge on OKX   Tamadoge Market Price Analysis: The Indicators’ Point of View TAMA market is establishing new higher support levels after the bearish trend was cut short at around the 8th hour of today’s trading session. The next support was at around the 10th ...

Ethereum Price Prediction for Today, October 14: ETH/USD Back Above $1,300 Resistance

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The Ethereum price prediction shows ETH is moving above the $1,300 level, and it is currently changing hands at $1,330. Ethereum (ETH) Statistics Data: Ethereum price now – $1,330.30 Ethereum market cap – $161.3 billion Ethereum circulating supply – 122.7 million Ethereum total supply – 122.7 million Ethereum Coinmarketcap ranking – #2 ETH/USD Market Key Levels: Resistance levels: $1800, $1900, $2000 Support levels: $1000, $900, $800 Buy Ethereum Now Your capital is at risk ETH/USD is currently trading above the $1,300 level as the Ethereum price faces an upward movement. For the past few weeks, the Ethereum price has been fluctuating within the channel. At the moment, the Ethereum price is likely to cross above the 9-day and 21-day moving averages at $1,330 with 3.37% gains in the last 24 hours. Ethereum Price Prediction: Ethereum (ETH) May Break to the Upside According to the daily chart, the Ethereum price is yet to display strong bulli...

POWR Crypto Price Prediction 2022 - Powerledger Sustainable Token to Rise?

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Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Powerledger (POWR) crypto is on the verge of collapsing even further as it falls through a critical support level of $0.1698. Entering the oversold territory on the daily relative strength index Powerledger could see fit for accumulation at these lower price levels where the bulls could be hoping for a bounce. Will Powerledger (POWR) recover?  Powerledger (POWR) Crypto Price Prediction The Bitcoin crash earlier today sent Bitcoin spiraling out of control down to the $18, 100 price levels . As a result deleterious effects have also been seen in the altcoin market. Powerledger (POWR) crypto hasn't had the most bullish of days. From a technical Analysis perspective POWR has just broken a key level of support which means there may be further negative price momentum. POWR/USDT - 4 Hour Time Frame. This is now the fourth ti...