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A closely followed crypto analyst is warning that payments token XRP and three other altcoins may suddenly collapse. In a new post, crypto trader Ali Martinez tells his 134,500 followers on the social media platform X that XRP may be forming a head-and-shoulders (H&S) pattern on the daily chart. An H&S structure is a bearish pattern indicating that an asset has lost momentum to sustain its uptrend after failing to print new highs. He also says that the Ethereum (ETH) hard fork Ethereum Classic (ETC), decentralized finance (DeFi) protocol Yearn.Finance (YFI) and a Bitcoin (BTC) hard fork Bitcoin Cash (BCH) are on the verge of losing key support levels. “What do XRP, ETC, YFI, and BCH have in common?” Source: Ali Martinez/X XRP is trading for $2.08 at time of writing, down 3.3% in the last 24 hours. Meanwhile, ETC is trading for $16.69 at time of writing, up 1% on the day, and YFI is trading for $4,778 at time of writing, down 1.1% in the las...

Bitcoin soared past $88K on Monday, hitting one of its coveted and ambitious all-time highs. The token has followed a projected path. Its euphoric rise can be accredited to the current US election win, where pro-cryptocurrency candidate Trump was crowned as the next US president. That being said, some analysts believe Bitcoin’s touch to $88K its just the beginning and that its road to $240K is crystal clear provided one key support holds the token together till the end. Also Read: Trump To Appoint Pro-Crypto Candidates for Key Federal Agencies Peter Brandt’s Bitcoin Prediction: Can BTC Truly Touch $240K? Source: Watcher Guru Experienced analyst Peter Brandt has yet again come up with a new explanation, spotting a rare pattern that could indicate BTC’s surge to $240K. Brandt’s Analysis talks about an emerging head-and-shoulders pattern that Bitcoin’s chart has been forming since 2020. The expert took to X to discuss the chart in detail, adding the game-changing pointers that may h...