14 hours ago
A cryptocurrency analyst and trader is highlighting one large-cap altcoin that he says appears massively bullish. In a new video, the analyst pseudonymously known as Credible Crypto tells his 65,700 YouTube subscribers that payments-focused digital asset XRP has one of the most bullish market structures in crypto based on the charts. “[XRP] is probably the most bullish altcoin in the space right now… XRP is one of the few coins right now that is printing a very clear bullish impulsive structure on lower time frames, on higher time frames, on every time frame. And very easily cleanly identifiable… That’s kind of what we’re seeing here on XRP – is that very clean price action that shows impulsive price movement.” Source: Credible Crypto/X The pseudonymous analyst, who regularly applies the Elliott Wave theory in his technical analysis, says that XRP could explode by up to 1,295% from the current level. In technical analysis, the Elliott Wave theory suggests that a bullish asset witnesses a five-wave rally before a correction occurs in a three-wave pattern. Says Credible, “I do think XRP here is gearing up for that next impulse to the upside following the one that started off at $1.28. Again this next initial impulse to the upside should… take us to $4+ and new all-time highs. The exciting thing is that would be just a third sub-wave of a larger third-wave move that ultimately should take us to $5+ plus. And by the time we’re gearing up for this final fifth wave, I would imagine that we would have hit double digits at that point. And this fifth wave will take us to the blow-off top or the final top of $20 to $30.” Source: Credible Crypto/X XRP is trading at $2.15 at time of writing. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post This Top-10 Crypto Asset Is ‘Probably the Most Bullish’ Altcoin Right Now and Could Rally 1,200%+, Says Analyst appeared first on The Daily Hodl .
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Dogecoin Primed for a Price Rebound As Crypto Whales Accumulate DOGE, According to Analyst
A popular crypto analyst says one technical signal suggests that top meme token Dogecoin ( DOGE ) could be primed for a bounce. Ali Martinez tells his 104,600 followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator presented a bullish signal for DOGE. “The TD Sequential presents a buy signal on the Dogecoin DOGE four-hour chart, anticipating a price rebound!” 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 also notes that Dogecoin whales bought more than 90 million DOGE in the past two days. Source: Ali Martinez/X DOGE is trading at $0.314 at time of writing, a fractional decrease in the past 24 hours. Looking at Bitcoin ( BTC ), Martinez warns that traders should be worried if the top-ranked crypto asset by market cap drops below a certain price level. “You don’t want BTC to dip below $92,730 – it’s essentially free-fall territory if that level breaks.” Source: Ali Martinez/X Martinez suggests that below $92,730, the next on-chain support for BTC hovers at around $69,000 based on Glassnode’s UTXO ( Unspent Transaction Output ) Realized Price Distribution, a metric that shows the amount of Bitcoin that last moved within a specific price bucket. But while Martinez is sounding the alarm about a potential pullback for BTC, he notes that a 20-30% correction represents “the most bullish thing that could happen to Bitcoin.” Source: Ali Martinez/X Bitcoin is trading at $94,671 at time of writing. Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Dogecoin Primed for a Price Rebound As Crypto Whales Accumulate DOGE, According to Analyst appeared first on The Daily Hodl . The Daily Hodl
Prince Elon (ELONPRIN) Solana Memecoin to Explode 13,000% Before Exchange Listing, As Shiba Inu and BONK Fall
Prince Elon could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Prince Elon (ELONPRIN), a new Solana memecoin that was launched today, is set to explode over 13,000% in price in the coming days. This is because ELONPRIN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Prince Elon can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Prince Elon could become the next viral memecoin. Prince Elon launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Prince Elon on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Prince Elon by entering its contract address – 7rAsmWGTtPFY9RFnhd9biard7PrWtw5ZigowwfmaXUQ – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like ELONPRIN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. The Daily Hodl
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