Category Archives: Crypto Investing

Algorand (ALGO) Analysis – 19Feb2025

Here is the latest daily price chart of Algorand token (ALGO/USDT), which is currently at $0.26, and trying to stay above support levels. There is a strong support at $0.20 and upside targets of $0.45 to $0.50 are visible, and they may come in March-April 2025.

ALGOUSDT@PRICETYPE=LAST Chart Image

ALGOUSDT@PRICETYPE=LAST Chart Image

 

Bitcoin (BTC) Analysis – 19Feb2025

Following is the daily chart of Bitcoin (BTC). It is near $95K currently, and trying to hold up above support levels. Near term upside target is $125K, which has been our upside target since 2021, and it will surely come. Strong support is visible at $90K, and it has been holding in recent weeks, which indicates a likely upmove in March-April 2025.

BTCUSDT@PRICETYPE=LAST Chart Image

With the governments of different countries and states passing bills to create Bitcoin Strategic Reserve, Bitcoin (BTC) is clearly moving into the next stage of its evolution, and as fiat money comes into Bitcoin (BTC), there the tight supply of Bitcoin (BTC) is likely to create a strong upmove in price in the coming 1-2 years. As of now, there are no major sellers of Bitcoin (BTC), only new large buyers emerging from different places. Our #BTC targets are $125K to $225K by Dec 2025, and $500K in 2-3 years. #crypto #markets

Litecoin (LTC) Analysis – 03Feb2025

Here is the daily chart of Litecoin (LTC): LTC/USDT on Binance.

https://s3.tradingview.com/snapshots/1/1okjHah1.png

Litecoin (LTC) has been facing weakness for last four days (but it has been stronger than other crypto in recent weeks), and it made a low of $80 today, and bounced back strongly from there, indicating good support at that level. It is currently at $97, which is a good price for buying, with possible targets of $125-130 in the next few days/weeks, and for longer term targets of $225-350.

Crypto Investors and Traders can confidently buy Litecoin (LTC) on sharp corrections like today, because Litecoin (LTC) is one of the top quality crypto.

Disclaimer: This post is based on our technical analysis and it’s not financial advice. Thanks.