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Showing posts with the label bullish outlook

Broadcom (AVGO): Citi Raises Price Target as Stock Rises 30%

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The tech sector has once again been front and center in the US stock market so far in 2025. Although the market itself has been increasingly volatile, optimism abounds for some of the most promising companies in the industry. Among them is Broadcom (AVGO), for which Citi has lifted its price target, with the stock in the midst of a 30% surge. The bank revised its target and outlook upward while sticking firm to its buy rating. Indeed, the development marks yet another positive projection for a top tech stock that could be set to edge even higher if Wall Street is able to find its footing in the coming months. Source: Banking Dive Also Read: Broadcom (AVGO): Why The Stock May Continue Its 300% Rise Broadcom Gets Boosted Price Target From Citi as Stock Keeps Gaining There has been no shortage of high expectations for Broadcom over the last several months. Many experts have begun to theorize that the stock may be on a $2 trillion trajectory. However, it has struggled amid an increasingly ...

Bitcoin set to rebound as BTC flashes major ‘buy signal’

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Bitcoin’s (BTC) ongoing sell-off may be nearing its end, with key technical indicators signaling a potential rebound after recent selling pressure. Notably, prominent trading expert Ali Martinez highlighted that the TD Sequential indicator is flashing a major buy signal on Bitcoin’s 12-hour chart. This setup suggests a possible move above $105,000, he said in an X post on May 31.  Bitcoin price analysis chart. Source: TradingView The TD Sequential is a time-based indicator that identifies trend reversals or price exhaustion. When the system counts to “9,” it often signals that the current trend is weakening and that a reversal or correction may be imminent. Notably, Bitcoin has printed a bullish “9” candle, hinting that the recent downtrend could end and a short-term rally might be underway. If the signal plays out, Martinez believes Bitcoin could retest $105,000, a level that recently flipped from support to resistance. Bitco...

Orchid Price Prediction for Today, December 4 – OXT Technical Analysis

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The Orchid price prediction shows that OXT demonstrates a bullish outlook, marked by a breakout from a long-term falling wedge. Orchid Prediction Statistics Data: Orchid price now – $0.126 Orchid market cap – $124.03 million Orchid circulating supply – 979.78 million Orchid total supply – 1 billion Orchid Coinmarketcap ranking – #421 Getting in early on crypto projects can offer significant returns, and OXT is a great example of potential growth. Since its all-time low of $0.04664 on June 15, 2023, it has surged by an impressive +210.95%, with recent trading between $0.1222 and $0.1454. While it’s currently 85.73% below its all-time high of $1.02 from April 5, 2021, this recovery demonstrates its resilience and potential for future gains. As always, timing and research are crucial for making the most of such opportunities. OXT/USD Market Key Levels: Resistance levels: $0.150, $0.155, $0.160 Support levels: $0.095, $0.090, $0.085 OXTU...