Latest news with #ElliottWave
Yahoo
4 days ago
- Business
- Yahoo
Bitcoin Still on Track for $140K This Year, But 2026 Will Be Painful: Elliott Wave Expert
Don't call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that bitcoin (BTC) will rally to around $140,000 this year before slipping into a bear market in 2026. The leading cryptocurrency by market value, has dropped 4% over the past week, with prices hitting lows under $112,000 over the weekend, according to CoinDesk data. The decline comes after weeks of profit-taking by long-term holders near $120,000 and alongside sharp losses in key crypto-related stocks such as Strategy (MSTR) and Coinbase (COIN). The sell-off is a typical retracement wave, representing a temporary breather from the preceding bullish impulse wave, and could set the stage for a rally to $140,000 by year-end, according to John Glover, chief investment officer at crypto financial services company Ledn. "Firmly caught in the summer doldrums, the BTC price continues to follow the expected trajectory and will soon complete the 5-wave move depicted by the blue line [in the chart] below, which will finish wave iii (yellow line) of Wave 5 (orange line). All to say, we're still on target to hit $135,000 - $140,000 by the end of 2025," Glover said in an email. What is the Elliott Wave? The Elliott Wave Theory, introduced by Ralph Nelson Elliott in 1938 in his book, "The Wave Principle, is a way of understanding market movements by recognizing that they follow predictable, repeating patterns like natural fractals. The core idea is that crowd psychology moves in cycles, creating a pattern of five waves in the direction of the primary trend or the impulse move. The five-wave structure encompasses three impulse waves (1,3, and 5) and two retracing waves (2 and 4). Sometimes, impulse waves are extended and powerful, comprising their own 5-wave structure. A three-wave corrective structure follows the five-wave structure. This 5-3 wave pattern repeats at both larger and smaller scales, allowing observers to forecast future price action based on the market's current position within the broader context. According to the above chart, BTC is currently moving in the impulse wave (iii) of the extended impulse wave 5. The impulse wave (iii) could hit a high of $130,000 in the next couple of weeks, before prices drop to around $110,000 in September, completing the retrace wave (iv). After that, the final impulse wave (v) of the larger impulse wave 5 will resume, marking a bull market peak at around $140,000. "Once we achieve the $140,000-ish region, there will be a LOT of debate as to how much further the market will go, and I'm sure we'll hear the bulls quoting $250,000 to $500,000 in 2026. This is not my thesis as I believe we will enter a bear market for BTC in 2026," Glover said. Glover's take contrasts with the popular narrative that institutional adoption through ETFs has broken bitcoin's four-year cycles, which historically indicate a price peak this year followed by an extended bear in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
29-07-2025
- Business
- Time of India
Ripple (XRP) price prediction: 333% surge in 40 days! Here's all about the prediction
Renowned Chartered Market Technician and crypto strategist Tony "The Bull" Severino believes Ripple's XRP could be on the verge of a major rally—potentially soaring by 333% in just 40 days. Taking to X (formerly Twitter), Severino outlined his forecast based on Elliott Wave Theory, a popular technical analysis method. According to his analysis, XRP could climb to as high as $13, fueled by a powerful fifth wave breakout. He notes that the fifth wave, which spans six bars in the current pattern, mirrors a classic bullish triangle setup—typically signaling explosive upward movement following a corrective fourth wave. Explore courses from Top Institutes in Please select course: Select a Course Category Elliott Wave-Based Price Targets According to reports, as per Severino's Elliott Wave analysis XRP's price could go to $4–$6 in the first profit-taking zone during Wave 3, $11–$13 in mid-term target if bullish momentum sustains, and $27–$30 in a full Elliott Wave cycle. If the technical setup plays out and broader crypto market conditions remain favorable, XRP could be entering one of its most lucrative phases yet. Live Events Why This Matters XRP is a dominant force in cross-border payments, often clocking $10 billion in daily trading volume during bullish phases. Earlier this year, the token witnessed a strong rally after Ripple reached a $150 million settlement with the U.S. Securities and Exchange Commission (SEC), easing years of regulatory pressure. Now, fresh catalysts are building as Ripple is awaiting a decision from the U.S. Office of the Comptroller of the Currency (OCC) regarding its application for a banking license. Investor excitement is also growing around the potential approval of Ripple-based exchange-traded funds (ETFs), with 11 proposals currently under SEC review. A decision is expected by late October. XRP is currently trading at $3.24, up over 3% in the last 24 hours. The recent jump of $0.07 (+2.21%) has marked a new short-term high, with analysts pointing to rising optimism and whale accumulation as key drivers. Technical analyst XForceGlobal believes XRP is poised for a breakout, especially if it can decisively surpass resistance at $3.30. If that happens, XRP could make a quick move toward $4, with even higher targets in sight. Behind the scenes, large holders—often called whales—are quietly accumulating XRP. Wallets holding between 10 million and 100 million tokens now control over 8.3 billion XRP, equivalent to roughly 14% of the circulating supply.
Time of India
28-07-2025
- Business
- Time of India
XRP price prediction: After today's 3% surge, is Ripple set to smash $4 as whales buy big and experts predict 60% rally?
XRP is in the green today, climbing over 3% to trade at $3.24 —marking a fresh short-term high amid growing optimism across the crypto sector. The daily gain of +$0.07 (+2.21%) reflects renewed investor interest, especially as analysts hint that XRP might be entering one of its most profitable phases yet. This rise is happening as whales increase their holdings and technical charts flash signs of a potential breakout toward the $4 mark , with higher targets on the horizon if current trends continue. Is XRP entering its most profitable phase? Analysts say yes Market experts and technical traders are now pointing to a major bullish phase for XRP. According to analysts following Elliott Wave Theory, XRP appears to be starting Wave 3—typically the strongest leg in a five-wave cycle. This wave often delivers the largest price appreciation during a bullish trend. One crypto analyst known as XForceGlobal shared that the current price structure supports a breakout that could propel XRP toward $4 and beyond, especially if it clears key resistance levels at $3.30. Peter Brandt predicts a 60% rally toward $4.47 Renowned chart analyst Peter Brandt, famous for accurately predicting several major crypto moves, has identified a 'compound fulcrum' formation on XRP's weekly chart. He believes this rare pattern could spark a 60% surge, sending the price toward $4.47 in the coming weeks or months. Live Events Brandt's prediction aligns with XRP's current upward momentum and confirms bullish signals from both retail and institutional players. He also noted that XRP's price recently recorded its strongest weekly candle since November, adding further credibility to the forecast. Whale accumulation hints at strong institutional interest Behind the scenes, major investors—or crypto whales —are quietly stacking up XRP. Addresses holding between 10 million and 100 million XRP now collectively own more than 8.3 billion XRP , which is around 14% of the total circulating supply . This level of accumulation is often seen as a bullish signal, as whales tend to enter positions before large price movements. Their behavior suggests strong confidence in XRP's long-term potential, likely reducing selling pressure and stabilizing the price at higher levels. Could XRP hit $27 in the future? Here's what Elliott Wave theory suggests While short-term targets like $4.47 are exciting, some analysts believe XRP could go even further over the long term. According to Elliott Wave projections, here's how XRP's price journey might unfold: $4–$6 : The first profit-taking zone during the current Wave 3 $11–$13 : A potential mid-term target if momentum continues beyond initial resistance $27–$30 : The maximum projected upside over a full Elliott Wave cycle—though this would likely take time and broader market support These projections are based on historical price behaviors and Fibonacci extensions, but they depend on XRP maintaining its upward structure and avoiding major disruptions. Should you buy XRP while it's still under $5? With XRP still trading well below $5 , many investors are wondering if now is the right time to get in. Here's why buying at current levels might make sense: High upside potential : The forecast from Peter Brandt suggests nearly 60% gains from the current price Bullish chart patterns : Technical signals such as ascending triangles, golden crosses, and the Elliott Wave structure all support continued upside Growing whale support : Large investors are increasing their holdings, hinting at smart money confidence Ripple ecosystem growth : Ongoing partnerships, regulatory progress, and increased cross-border payment adoption further boost long-term fundamentals For risk-tolerant investors, XRP under $5 presents an attractive risk-to-reward ratio—especially if the $4.50 target is hit in the short term. XRP price zones and investor watch levels To help guide your strategy, here's a breakdown of key XRP price levels to watch in the near future: Price Zone What It Means $3.00–$3.20 Strong support; XRP must stay above to maintain bullish structure $3.30 breakout A close above this level could signal the start of Wave 3 toward $4+ $4.47 target Peter Brandt's near-term projection based on rare chart setup $4–$6 zone Likely first profit-taking range based on Elliott Wave logic $11–$13 zone Medium-term Fibonacci extension targets $27–$30 zone Long-term Elliott Wave maximum cycle forecast Is XRP ready to explode higher? XRP's current move to $3.24 , backed by strong technicals and major whale activity, appears to be more than just a temporary bounce. With expert predictions targeting $4.47 in the short term and even $27+ in the long term , XRP could be at the start of a major uptrend. Whether you're a swing trader, long-term holder, or new investor, the current setup presents an opportunity worth watching. But as always, do your own research and manage risk accordingly. FAQs About XRP Price Prediction Q1. Is now a good time to buy XRP under $5? Yes, many experts believe XRP under $5 offers strong upside potential with low entry risk. Q2. Will XRP price really break above $4 soon? Analysts say a breakout above $4 is likely, especially after today's 3% price jump. Q3. Why are whales accumulating billions in XRP right now? Whales expect a major rally, with some predicting a 60% or more price surge. Q4. What's Peter Brandt's XRP price prediction? Peter Brandt sees XRP hitting around $4.47 based on a rare bullish chart pattern. Q5. How high can XRP go long term? Some forecasts suggest XRP could reach $6, $13, or even $27 based on Elliott Wave cycles. Economic Times WhatsApp channel )
Economic Times
26-07-2025
- Business
- Economic Times
Bitcoin to $300,000? Traders warn of massive surge before next Great Depression hits
Synopsis Bitcoin price: Bitcoin's rally might hit $300,000 before a major correction, according to analysts. They believe dips are irrelevant if Bitcoin stays above $74,000. Altcoins, currently lagging, could surge, mirroring past cycles. A fall in Bitcoin dominance may signal a significant altseason. However, analysts warn of a potential correction, advising focus on altcoins. Bitcoin price could surge to $300,000 before major market correction: Bitcoin's massive rise may be far from over, but the bull party could end with a devastating hangover. Two widely followed crypto analysts have predicted that Bitcoin could soar as high as $300,000 in the coming months before the entire market enters a historic and painful correction, as per a report. Tired of too many ads? Remove Ads In a recent podcast, pseudonymous traders CrediBULL Crypto and Trader Mayne shared their conviction that Bitcoin is still in the prime of its bull run and that current short-term price dips are irrelevant as long as BTC stays above $74,000, as reported by Benzinga. Want a Loan? Get cash against your Mutual Funds in 4 hours The experts said, citing Elliott Wave theory, which maps out the market's five-wave impulse structure that, "Until we break below $74,000, none of these pullbacks really matter. The trend is still very much intact," as quoted by Benzinga. ALSO READ: 8 video games Twitch turned into global hits: Dune Awakening, GTA 5, Fortnite, Among Us, Phasmophobia and more The duo pointed out that the current crypto market condition is similar to previous late-stage bull cycles, where altcoins lag behind before delivering explosive returns, according to the report. Their prediction comes as most of the altcoins are still down 80% to 90% from their record highs, offering what they have called as the last real accumulation window, as reported by Benzinga. Tired of too many ads? Remove Ads ALSO READ: Tea App hacked days after becoming top free app on Apple's App Store - over 72,000 images leaked, impacting women seeking safety While BTC's dominance, which is at present sitting around 60%, is expected to fall below its 35% all-time low before the cycle ends, according to the crypto experts have highlighted that the final phase of the cycle ends with a massive fall in BTC dominance, which leads to the biggest altseason since 2017, as per the Benzinga reported that the duo have explained that this rotation will mark the climactic top for the entire market, with speculative excess flowing from Bitcoin into smaller-cap altcoins before a dramatic reversal. ALSO READ: Happy Gilmore 2 brings Adam Sandler's family back to the screen! What roles do his daughters Sadie and Sunny play in the Netflix film? However, even though the analysts are still long-term bullish on BTC, the analysts have warned that the risk-reward profile has shifted, as reported by Benzinga. CrediBULL and Mayne pointed out that Bitcoin was the buy "months or years ago," but now, the best risk-adjusted opportunities lie in select altcoins, as reported by warned that, "We could be correcting not just this cycle, but 15 years of speculative excess. This is going to feel like the Roaring 20s before the Great Depression," as quoted by Benzinga in the report. ALSO READ: Emergency Alert error: Deerfield Township alert mistakenly sent across Warren County, sheriff's office issues clarification Tired of too many ads? Remove Ads CrediBULL and Mayne advised to "Look for altcoins with real fundamentals, trading at cycle lows and near long-term support. Don't chase what's already pumping," as quoted in the report. The duo also recommend narrowing focus to just 5 to 6 core altcoin positions, instead of over-diversifying into high-flyers, according to Bitcoin going to hit $300,000 soon?Analysts think it's possible during this bull run, but it's not guaranteed, so stay cautious. What does the $74,000 level mean for Bitcoin? It's a key support level, if Bitcoin stays above it, the bullish trend likely continues.
Time of India
26-07-2025
- Business
- Time of India
Bitcoin to $300,000? Traders warn of massive surge before next Great Depression hits
Crypto Analysts Say Bitcoin Bull Run Remains Strong If Above $74,000 Market Experts Predict Final Crypto Cycle Top as Funds Shift to Altcoins Live Events Bitcoin Dominance Expected to Fall, Signaling Upcoming Altseason Surge BTC Warning Signs: Could Crypto Face a Correction Like the Great Depression? How to Choose Altcoins FAQs (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Bitcoin's massive rise may be far from over, but the bull party could end with a devastating hangover. Two widely followed crypto analysts have predicted that Bitcoin could soar as high as $300,000 in the coming months before the entire market enters a historic and painful correction, as per a a recent podcast, pseudonymous traders CrediBULL Crypto and Trader Mayne shared their conviction that Bitcoin is still in the prime of its bull run and that current short-term price dips are irrelevant as long as BTC stays above $74,000, as reported by experts said, citing Elliott Wave theory, which maps out the market's five-wave impulse structure that, "Until we break below $74,000, none of these pullbacks really matter. The trend is still very much intact," as quoted by READ: 8 video games Twitch turned into global hits: Dune Awakening, GTA 5, Fortnite, Among Us, Phasmophobia and more The duo pointed out that the current crypto market condition is similar to previous late-stage bull cycles, where altcoins lag behind before delivering explosive returns, according to the report. Their prediction comes as most of the altcoins are still down 80% to 90% from their record highs, offering what they have called as the last real accumulation window, as reported by READ: Tea App hacked days after becoming top free app on Apple's App Store - over 72,000 images leaked, impacting women seeking safety While BTC's dominance, which is at present sitting around 60%, is expected to fall below its 35% all-time low before the cycle ends, according to the crypto experts have highlighted that the final phase of the cycle ends with a massive fall in BTC dominance, which leads to the biggest altseason since 2017, as per the Benzinga reported that the duo have explained that this rotation will mark the climactic top for the entire market, with speculative excess flowing from Bitcoin into smaller-cap altcoins before a dramatic READ: Happy Gilmore 2 brings Adam Sandler's family back to the screen! What roles do his daughters Sadie and Sunny play in the Netflix film? However, even though the analysts are still long-term bullish on BTC, the analysts have warned that the risk-reward profile has shifted, as reported by Benzinga. CrediBULL and Mayne pointed out that Bitcoin was the buy "months or years ago," but now, the best risk-adjusted opportunities lie in select altcoins, as reported by warned that, "We could be correcting not just this cycle, but 15 years of speculative excess. This is going to feel like the Roaring 20s before the Great Depression," as quoted by Benzinga in the READ: Emergency Alert error: Deerfield Township alert mistakenly sent across Warren County, sheriff's office issues clarification CrediBULL and Mayne advised to "Look for altcoins with real fundamentals, trading at cycle lows and near long-term support. Don't chase what's already pumping," as quoted in the report. The duo also recommend narrowing focus to just 5 to 6 core altcoin positions, instead of over-diversifying into high-flyers, according to think it's possible during this bull run, but it's not guaranteed, so stay a key support level, if Bitcoin stays above it, the bullish trend likely continues.
