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Altcoins News
TronWeekly
4w
204
Image Credit: TronWeekly
Filecoin (FIL) Charts Signal Bullish Reversal – Analysts Eye $5 Target in 2025
- Filecoin (FIL) is currently trading at $2.40, showing a marginal increase of 0.14% over the past 24 hours, while the weekly trend is down by 4.96%. Trading volume has declined by 23.66% to $85.17 million.
- Technical analysis suggests a potential bullish reversal for FIL, with breakout targets at $2.75, $3.30, $4.40, and possibly up to $4.85. This is supported by a falling wedge pattern breakout and breach of a significant trendline.
- Analysts are cautiously optimistic about FIL's price action, citing the importance of sustained support at current levels. Failure to hold could lead to further declines.
- Experts have mixed predictions for FIL's price in 2025. Changelly suggests a conservative outlook, expecting FIL to hover around $2.41, while DigitalCoinPrice is more bullish with a target of $5.30 by the end of 2025.
- Filecoin's price history has shown significant volatility, with fluctuations from a high of $237.24 to recent levels below $4.39, indicating rapid price changes in a short period.
- The bullish sentiment for FIL is underpinned by technical indicators and price patterns, but market conditions and sustained support levels will be critical for the asset's potential recovery.
- Analysts are closely monitoring FIL's price action, emphasizing the importance of the current support zone for the success of the bullish reversal.
- Various price targets of $2.75, $3.30, $4.40, and potentially $4.85 align with past resistance levels and Fibonacci retracements, indicating possible price movements.
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TronWeekly
4w
40
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Ethereum’s Next Move? Technical Chart Hints at Major 2025 Rally
- Ethereum is showing a bullish “cup and handle” formation, hinting at a potential rally.
- Current ETH price stands at $2,552.46 with moderate upward momentum.
- Analysts predict price targets surpassing $4,200 by late 2025, with some projections exceeding $5,500.
- Ethereum's advancements include improved efficiency, speed, and scalability, making it attractive for various applications.
- ETH is seen as a vital component of the future Web3 system.
- Despite the recent 1.02% price increase, ETH is experiencing consolidation due to decreasing trading volume.
- Analysts note a U-shaped price movement indicating market consolidation.
- Experts detect a potential “cup and handle” pattern on Ethereum's weekly chart, suggesting a positive sign for a significant upward move.
- If Ethereum breaks above $2,950, it could target $4,204 by late 2025 based on the cup and handle pattern.
- Predictions for Ethereum's 2025 price range from $2,669 to above $5,500, with varying views from different sources such as DigitalCoinPrice and Changelly.
- Chart analysis implies a notable price surge may occur upon a breakout with strong volume and momentum.
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TronWeekly
4w
240
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Chainlink (LINK) Forms Head and Shoulders Pattern, Further Drops Could Hit $10-11
- Chainlink (LINK) is forming a head and shoulders pattern on the daily chart, indicating a potential bearish move.
- A break below the neckline could lead to a downward correction towards the $10-$11 support area.
- Short-term indicators like RSI and MACD are bearish, supporting the potential downside for LINK.
- Alpha Crypto Signal identifies the bearish formation on LINK's daily chart, suggesting a reversal from uptrend to downtrend.
- The head and shoulders pattern involves higher peaks forming shoulders and a head, potentially signaling a change in trend.
- Analysts warn of a bearish continuation if LINK breaks below the neckline with strong selling volume.
- The support level around $10 to $11 is crucial, and a breach could lead to a significant downward move.
- Monitoring the neckline is advised to assess potential short-selling opportunities.
- The daily chart displays the left shoulder in mid-April, the head in early May, and the right shoulder in June, with the neckline being tested.
- The short-term 4-hour chart shows bearish sentiment with RSI in oversold territory and MACD indicating downward momentum.
- Weak volume and lack of significant buying pressure further support the bearish outlook for LINK.
- Analysts recommend vigilance around the neckline for confirmation of a breakdown and potential trading opportunities.
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Coindoo
4w
217
Image Credit: Coindoo
Binance Issues Warning About Token With New Rule Shift
- Binance will stop calculating trading volumes between Alpha tokens in Alpha Score from June 17, 2025, to curb manipulation and volatility.
- Price swings in Alpha-listed tokens like ZKJ and KOGE due to liquidity withdrawals and liquidations led to this decision.
- The rule change aims to protect the Alpha ecosystem integrity by excluding internal token volumes.
- Binance Alpha highlights tokens considered for future listings, offering visibility but no guarantee of listing.
- The alteration strengthens Binance's risk controls amidst speculative behavior around potential listings.
- The update enhances trust in the Alpha program as a reliable discovery platform for blockchain projects.
- Binance is adjusting rules to manage volatility and safeguard market integrity in its Alpha program.
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TheNewsCrypto
4w
146
Bitcoin Cash (BCH) Eyes Breakout as Price Hits $460
- Bitcoin Cash (BCH) surged by nearly 8% to reach $460.67, leading to a market cap of $9.16 billion.
- The 24-hour trading volume for BCH rose by 18.21% to $431.28 million, indicating increased market confidence.
- Technical analysis suggests that BCH is approaching a breakout point, with resistance near $464 and potential support at $431.
- The Relative Strength Index (RSI) is at 63.80, supporting the current uptrend momentum without being overbought.
- The Chaikin Money Flow (CMF) remains positive at 0.12, indicating ongoing capital inflow and reduced chances of bearish divergence.
- Moving averages show a bullish trend, with shorter-term averages surpassing longer-term ones, suggesting continued upside potential.
- Despite bullish signals, traders need to monitor the $464 resistance level closely to anticipate potential price movements.
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Coindoo
4w
253
Image Credit: Coindoo
Top Coins That Dominated Crypto Conversations Over the Weekend
- Cardano (ADA), Huma Finance (HUMA), Monero (XMR), Ethereum (ETH), and Chainlink (LINK) were the top coins dominating crypto conversations over the weekend.
- Cardano (ADA) emerged as the most-discussed asset, driven by speculation around development updates and market shifts.
- Huma Finance (HUMA) gained traction for its unique value proposition in decentralized finance, with investors focusing on its financial inclusion mission.
- Monero (XMR) drew focus for its privacy advocacy amid regulatory scrutiny, despite concerns over government enforcement and declining liquidity.
- Ethereum (ETH) and Chainlink (LINK) sustained core market attention, with discussions on institutional demand and rising adoption in oracle integrations and DeFi protocols.
- AAVE, SUSHI, Quant (QNT), and Bitcoin Cash (BCH) also made waves, with AAVE attracting attention for whale movements and SUSHI being debated for its future relevance.
- As markets anticipate the next big move, these coins are shaping investor narratives and hinting at potential momentum shifts.
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TheNewsCrypto
4w
17
Brazil Implements Sweeping Crypto Tax Reform with 17.5% Flat Rate
- Brazil implements widespread crypto tax reform, introducing a uniform 17.5% capital gains rate.
- The reform eliminates crypto tax exemptions for traders, affecting investors of all transaction sizes.
- Self-custody wallets and offshore crypto holdings are now subject to Brazilian taxation requirements.
- Previously, small traders were exempt from taxes on transactions up to 35,000 Brazilian reals.
- Under the new regime, taxes will be assessed every three months, allowing offset of losses for up to five quarters.
- Starting in 2026, the deduction period for losses will be reduced, potentially leading to higher taxation on volatile crypto portfolios.
- The tax reform reflects broader changes in Brazil's financial markets, with tax adjustments on various financial instruments.
- The government abandoned plans to increase the Financial Transaction Tax, opting for specific asset class taxation instead.
- Brazilian legislators are debating a bill allowing part of salaries to be paid in cryptocurrency, with limits on Bitcoin payment.
- The bill signifies Brazil's evolving approach to integrating cryptocurrencies while balancing innovation, control, and revenue generation.
- The changes aim to regulate crypto activities that previously fell outside Brazil's tax system.
- The reforms seek to capture revenue from crypto market activities and bring consistency to taxation across different investment sizes.
- Brazil tightens tax regulations to include self-custody wallets and offshore crypto investments within the taxable domain.
- Increased tax measures extend to various financial sectors, including betting revenue, with rates raised to 18%.
- The tax reform in Brazil is part of an overall initiative to enhance revenue generation and streamline financial regulations.
- Highlighted Crypto News Today: After a 12% Lift-Off, Will SKY Break Through the Clouds?
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Coindoo
4w
426
Image Credit: Coindoo
Ethereum Golden Cross and Altcoin Signals Spark Market Optimism
- Prominent trader Crypto Rover highlighted a potential Golden Cross formation on Ethereum's daily chart, indicating bullish signals.
- The Golden Cross occurs when the 50-day SMA crosses above the 200-day SMA, suggesting strong upward price momentum.
- Renowned analyst Michaël van de Poppe hinted at a possible historic altcoin bull market based on three key indicators.
- Van de Poppe suggested that market sentiment and accumulation are setting the stage for a significant uptrend.
- Ethereum is approaching a Golden Cross, reinforcing the positive market outlook for altcoins.
- Traders are advised to remain vigilant as momentum builds in the crypto market.
- Ethereum is currently near important resistance levels, with altcoins showing stability.
- Analysts anticipate a potential breakout in the near future that could define the summer trading season.
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Newsbtc
4w
284
Image Credit: Newsbtc
Dormant Ethereum Wallet Awakens After 10 Years With Millions Worth Of ETH
- Ethereum has been consolidating around the $2,500 price level recently, facing resistance at $2,600 despite inflows into Ethereum Spot ETFs.
- A dormant Ethereum wallet holding millions worth of ETH was reactivated, sparking interest and concern among holders regarding potential selling pressure.
- Whale Alerts reported the awakening of a pre-mined Ethereum address that had been inactive for almost a decade, holding 2,000 ETH since 2015.
- The wallet's value increased from $620 in 2015 to over $5 million today, resulting in an 820x profit at current prices.
- Following a recent transaction, 500 ETH were sent to an address associated with the Binance crypto exchange.
- The original wallet still holds around 1,500 ETH, raising questions about potential future sell-offs and their impact on the market.
- If more ETH is sold by the whale, it could exert additional selling pressure and hinder Ethereum's breakout from its consolidation phase at $2,500.
- Ethereum's current price is $2,525, with fluctuations between $2,549 and $2,495 in the past 24 hours.
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TronWeekly
4w
311
Image Credit: TronWeekly
Cronos (CRO) Needs Strong Push to Reclaim Bullish Ground Above $0.0926
- Cronos (CRO) is trading at $0.0903 with a slight decline, facing bearish pressure near support.
- Price is below the 9-period DEMA, indicating short-term weakness.
- Bollinger Bands are narrowing, hinting at a possible breakout with downside risks.
- Key support at $0.0875 must hold to prevent a drop towards $0.0850.
- Cronos (CRO) is consolidating near support levels due to sustained selling pressure.
- The asset struggles to gain upward momentum, reflecting market uncertainty.
- Cronos needs to surpass $0.0926 to shift the trend towards bullish ground.
- The 9-period DEMA acts as resistance at $0.0902, limiting price recovery attempts.
- Bollinger Bands signal tightening range, with a break below $0.0875 potentially leading to further downside.
- Support levels around $0.0897, $0.0878, and $0.0875 are crucial, facing a breach threat.
- A move below support could push CRO towards $0.0850, while reclaiming $0.0926 may indicate a bullish reversal.
- CRO is currently range-bound with a bearish bias until key levels are breached.
- Market sentiment suggests further downside unless bullish volume strengthens.
- Reclaiming technical resistances is essential to signal a potential short-term recovery.
- CRO's trend remains vulnerable to losses without a clear reversal pattern.
- XRP also faces a significant support test amid current market conditions.
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TheNewsCrypto
4w
155
Pi Coin Jumps 7% as Growing Buy Pressure Signals Potential Breakout
- Pi Network's PI coin is showing signs of potential breakout in June 2025 with growing buy pressure.
- Technical analysis suggests bullish momentum with RSI recovering from oversold conditions and MACD showing positive signals.
- Price action indicates buyers entering near key resistance levels, potentially leading to upward movement.
- Current Pi Network price is around $0.6154, with buyers accumulating at low prices for a possible uptrend.
- RSI indicator at 52.17 hints at positive momentum building up as buyers gain confidence.
- MACD histogram showing positive bars and potential bullish crossover may signal the start of a new uptrend.
- Social sentiment analysis shows conflicting signals with a settling mood, possibly preceding a significant price movement.
- Pi Network price faces critical resistance around $0.6821 with upside potential of 15% to 25% upon breakout.
- Crypto market sentiment is mixed, but Pi Network's strong community support could lead to possible breakouts.
- Bulls are silently accumulating PI token as it consolidates, waiting for important resistance areas to be breached.
- Potential uptrend if resistance levels are broken on volume.
- PI coin price analysis is optimistic for June 2025 amidst positive technical indicators and buyer activity.
- Disclosure of 'Fartcoin Teeters on Key Support With Bearish Signals Mounting' is mentioned at the end of the news piece.
- The news article discusses the technical analysis and potential price movements of Pi Network's PI coin amidst growing buy pressure signals.
- The article highlights key resistance and support levels, technical indicators like RSI and MACD, and the impact of social sentiment on the PI coin's price.
- Overall, the article paints a cautiously optimistic outlook for Pi Network in June 2025, stressing the importance of breaking critical resistance levels for further upside potential.
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Cryptoticker
4w
311
Image Credit: Cryptoticker
HBAR Price Prediction: Massive Move Coming Soon?
- Hedera (HBAR) price is showing signs of life after a downtrend, sparking questions about a potential bullish reversal or a dead cat bounce.
- The daily chart indicates a persistent downtrend since mid-May, with key support around $0.150 holding crucially, but potential targets opening up at $0.140 and $0.125 in a severe selloff.
- The 20-day SMA crossing below the 50-day SMA confirms bearish momentum, with a mean reversion bounce possible to $0.170, offering a 10.32% upside from current prices, contingent on a reversal candle and high volume.
- On the hourly chart, Hedera price has stabilized between $0.150 and $0.155, showing short-term accumulation, but bearish alignment of moving averages persists.
- Key resistance levels stand at $0.156 and $0.161–0.165, with support at $0.150 and potentially $0.140 if breached.
- Short-term indicators suggest exhaustion of selling pressure, but a definitive bullish reversal is yet to materialize, with a potential bounce hinging on a doji or bullish engulfing candle on the daily chart.
- If HBAR holds above $0.150 and reclaims $0.156, a move to $0.165 could be underway, offering a recovery of around 7%–8%; otherwise, a drop to $0.140 or $0.125 might follow.
- The likelihood of a short-term bounce is estimated at 60%, but the sustainability remains uncertain due to the bearish moving average structure.
- Traders are advised to await confirmation for potential setups, with a cautious approach towards trading above $0.156 with tight stops.
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Bitcoinist
4w
26
Image Credit: Bitcoinist
Altcoins Set To Outperform Bitcoin In The Coming Months — Blockchain Firm Explains Why
- Market intelligence firm predicts altcoins are set to outperform Bitcoin in the coming months.
- Alphractal's analysis suggests that altcoins might see significant bullish momentum based on Altcoin Dominance metrics.
- Altcoin Dominance metric has historically bounced from key support levels, potentially indicating upcoming altcoin rallies.
- The current Dominance metric, around 27.91%, hints at possible market moves favoring altcoins shortly.
- Critical support for Dominance metric (excluding ETH and stablecoins) is at 18%, signaling potential altcoin market share gains.
- Alphractal notes the possibility of increased altcoin outperformance against Bitcoin in the near future.
- Dominance metric fluctuations suggest upcoming market volatility, but not a definite start of an Altcoin Season.
- Ethereum remains the second-largest cryptocurrency, with a market cap of over $302.2 billion and a token value of around $2,504.
- ETH experienced a 1.6% price decline in the past 24 hours.
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Cryptoticker
4w
338
Image Credit: Cryptoticker
Top 5 Cryptos to Watch Next Week as Geopolitical Tensions Rise
- The crypto market is facing uncertainty amid escalating tensions between Iran and Israel.
- Bitcoin (BTC) is struggling to break out amidst global uncertainty, hovering around $105,466.
- Ethereum (ETH) maintains its bullish structure at $2,544.95 but needs more momentum.
- XRP (XRP) is weak at $2.17, down 4.35% on the week.
- Solana (SOL) shows intraday bounce to $148.73.
- Dogecoin (DOGE) dipped 4.08% over the week, showing weakness.
- TRON (TRX) bounces 1.12% but remains down 4.49% weekly.
- Cardano (ADA) is down the most, with a 5.71% loss at $0.6307.
- The market is stabilizing, but traders await a catalyst for potential directions.
- The ongoing conflict between Israel and Iran impacts global risk sentiment, potentially affecting crypto volatility.
- Five cryptos to watch next week for potential rebounds include Kaspa, DeXe, Injective, Zcash, and Story Protocol.
- These tokens are currently oversold and could recover if market sentiments improve.
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Bitcoinist
4w
249
Image Credit: Bitcoinist
‘iPhone Moment’ For Stablecoins Is Coming Soon, Circle CEO Claims
- Circle CEO Jeremy Allaire predicts a significant shift in the stablecoin industry, comparing it to the iPhone's impact in 2007.
- Retail giants like Walmart and Amazon are exploring their own US dollar-backed coins, signaling broader interest in stablecoins.
- Shopify plans to enable merchants to accept USDC by June 13, seeing stablecoins as a natural way to transact online.
- However, not all developers have fully embraced programmable money yet, with many still relying on traditional payment networks and APIs.
- For widespread adoption, stablecoin platforms will need improved software kits, clearer legal guidelines, and more success stories.
- Stablecoins processed $33 trillion in transactions in the last year, surpassing PayPal and Visa in volume.
- This significant transaction volume demonstrates the growing demand and potential impact of digital dollars on global finance.
- Circle's successful debut on the NYSE on June 5 indicates investor confidence in the future of stablecoins, with the stock surging over 160%.
- The industry appears poised for growth, with the potential to revolutionize traditional payment systems and online commerce.
- Overall, stablecoins are gaining traction, with the possibility of onboarding a billion people into the crypto space.
- The stage is set for stablecoins to reshape financial transactions and facilitate mass adoption of digital currencies.
- The recent developments suggest a promising future for stablecoins, with potential benefits for users, merchants, and investors alike.
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