Crypto analyst Tony Severino highlights concerning trends for Ethereum, noting a potential yearly downtrend as 2024’s price action shows a lower high and a bearish engulfing pattern for 2025. With yearly support at $735 and a Parabolic SAR at $370, ETH’s price has dipped below $2,000, raising fears of further declines to $1,600 or $1,200. However, some analysts believe the bottom may be in, suggesting a possible rebound towards unfilled CME futures gaps above $2,500.
about Ethereum Price Analysis for 2024 and 2025 Insights and PredictionsSeverino
0 posts last weekBitcoin price may drop to 25000 after potential peak of 160000
Bitcoin is projected to face a significant correction, potentially dropping to between $25,000 and $17,000, following historical patterns of bear markets after bull runs. Analyst Tony Severino suggests a peak target of $160,000 before this decline, reflecting a 74.1% increase from current levels. The cryptocurrency’s past cycles indicate decreasing severity in corrections, with the latest bear market seeing a 77% drop from its all-time high.
about Bitcoin price may drop to 25000 after potential peak of 160000Litecoin Predicted to Surge 1500 Percent Against Bitcoin in Coming Months
Litecoin is gaining momentum, with analyst Tony Severino predicting a potential 1,500% increase as it outperforms Bitcoin. Currently trading at $126, Litecoin’s targets against Bitcoin are set at 0.006275 BTC and 0.02 BTC, which could translate to prices of approximately $630 and $2,000, respectively. If Bitcoin remains around $100,000, this could trigger an altcoin season, further boosting Litecoin’s performance.
about Litecoin Predicted to Surge 1500 Percent Against Bitcoin in Coming MonthsBitcoin price analysis suggests ideal sell zones between 169000 and 194000
A crypto analyst has identified a “sweet spot” for selling Bitcoin, projecting price targets between $169,000 and $194,000 as it enters Wave 5 of its bullish cycle. Currently trading at $96,341, Bitcoin is expected to surge by over 75% to reach these levels. Additionally, another analyst suggests that 2025 could be a pivotal year for Bitcoin, potentially marking its next market peak following historical trends.
about Bitcoin price analysis suggests ideal sell zones between 169000 and 194000