Analysts | Crypto

Analysts say Ether’s MVRV Z-Score has entered capitulation territory at -0.42 after falling 30% in a fortnight, though it is still far from its worst score. Ethereum has hit a zone typically associated with mass selling, with an MVRV Z-Score returning a score of -0.42 — though analysts are split on whether the price of Ether is close to bottoming out.  The MVRV Z-Score is a metric used to assess whether a crypto asset is overvalued or undervalued by comparing its market value to its realized value, which reflects the total value of Ether based on the price at which it was last transacted.  The metric was created to identify periods of market euphoria or capitulation when market value was considerably higher or lower than realized value. Read more

The rise and fall of the manufacturing index from mid-2020 through 2023 closely mirrored Bitcoin and the broader crypto market’s price movements over the same timeframe. A metric tracking the health of the US economy has just posted its highest monthly score since August 2022, and crypto analysts say it could signal a turnaround for Bitcoin, which is trading at $78,000. The Institute for Supply Management (ISM) Manufacturing Purchasing Managers’ Index (PMI), a measure of manufacturing activity in the US, recorded a score of 52.6 in January, beating the market consensus of about 48.5 and ending 26 consecutive months of economic contraction, ISM stated in a report on Monday. The index score is a closely watched metric by investors and the Federal Reserve in assessing economic strength, inflation risks, and whether to tighten or ease monetary policy.  Read more

Bitcoin is currently trapped in a fragile consolidation zone due to waning demand, continuous ETF outflows, intensifying macro uncertainty, geopolitical tensions, and policy indecision, analysts say. The post Bitcoin Is Stuck in Fragile Consolidation as Markets Turn Risk-Off and Bearish Signals Build Up, Analysts Say appeared first on Cryptonews.

Trump’s tariff threats tied to Greenland have driven a risk-off move: gold has hit record highs as Bitcoin has slid to the low-$90Ks, and about $1B in crypto longs has been liquidated. Options traders have priced in downside, though ETF inflows and exchange outflows have offered a floor in late Jan. The post Greenland Gambit Sparks Crypto Chaos: Tariff Threats Send Bitcoin Sliding – Analysts Eye $75K appeared first on Cryptonews.

As the crypto market continues trading sideways, analysts argue that we may soon enter the last phase of this bull run, but also that we’ll likely see further downside. However, there are significant risk-off factors preventing a Bitcoin recovery. The post Are We Entering Wave V? Further Bitcoin Downside Still Likely, Analysts Say appeared first on Cryptonews.

The XRP Price Prediction has strengthened as $4.9 million in new ETF inflows reversed prior outflows, signaling sustained institutional interest. Ripple’s UK arm has secured FCA authorization, and technical patterns point to a possible breakout toward $3.00 if $2.00 support holds. The post XRP Price Prediction: XRP ETFs Record $4.9M Inflows as Analysts Eye $3 Breakout appeared first on Cryptonews.

Solana spot ETFs have recorded $674 million in net inflows across seven consecutive trading days, with Bitwise commanding $608.81 million as analysts anticipate a breakout above the $180 resistance level. The post Solana Price Prediction: Analysts See $180 Breakout as Spot ETF Inflows Reach $674M appeared first on Cryptonews.

Bitcoin has gained on average in November, but that figure is “skewed” and market participants shouldn’t always rely on it, a crypto executive says. Analysts have questioned whether November deserves its reputation as Bitcoin’s historically “strongest month” after the cryptocurrency dropped 10% over the past seven days and briefly sank below $90,000. “Historical averages suggest strength, but those numbers are skewed and the current backdrop is anything but normal,” James Harris, the CEO of crypto yield provider Tesseract, told Cointelegraph. Harris said that while the break below the long-term average is noteworthy, it is “not the full picture.” Read more

A well-reputed crypto analytics firm surveyed analysts to rank cryptocurrencies, and guess who ranked second? XRP emerged as the second most popular cryptocurrency behind Bitcoin, favoring a bullish XRP price prediction for the long term.Kaiko, a leading global firm that provides crypto market data to institutional players, shared its ranking for the third quarter of […] The post XRP Price Prediction: XRP Ranked #2 by Analysts – Just Behind Bitcoin, Ahead of Solana and DOGE appeared first on Cryptonews.

Analysts are comparing Friday’s crash to the March 2020 meltdown that preceded crypto’s historic bull run.

CME options and ETF prospects boost Solana price prediction. Analysts expect SOL’s consolidation to break toward $300–$310. The post Solana Price Prediction: Analysts Eye a Technical Breakout That Could Push SOL to $310 appeared first on Cryptonews.

RedStone, risk-modeling firm Gauntlet, and analytics provider RWA.xyz project that the on-chain market for tokenized real-world assets (RWA) could reach as much as $30 trillion by 2034, according to a joint report from June 26. Researchers calculate that tokenized RWAs, excluding stablecoins, expanded from roughly $5 billion in 2022 to more than $24 billion by […] The post Analysts predict $30 trillion market cap for tokenized RWA by 2034 appeared first on CryptoSlate.

South Korean experts claim that the nation’s stablecoin pivot could hamper the growth of card providers, but provide a boost to domestic tech giants. The post Analysts: South Korea’s Stablecoin Pivot Will Hurt Card Companies, Boost Big Tech appeared first on Cryptonews.

Popcat has added 15%, trading near $0.42 after reclaiming its 100-day moving average and lifting its value above $2 billion, narrowing the gap with DogWifHat. Analysts say a move beyond $0.53 could extend toward $0.64, and possibly $1, provided support around $0.25 stays intact. The post $POPCAT Explodes Past $400M Market Cap – Analysts Say $1 Is Back on the Table appeared first on Cryptonews.