A naukri.com initiative
Altcoins News
TronWeekly
1M
373
Image Credit: TronWeekly
HYPERLIQUID (HYPE) Holds Above $35 After Massive Rally, Technicals Signal Bullish Trend
- HYPERLIQUID (HYPE) has seen a significant rally, with its price surging from $10 earlier this year to above $35.
- Indicators suggest a temporary cooling off period in the bullish market trend, despite positive on-chain reports showing more buy transactions than sells.
- The recent consolidation phase near recent highs indicates continued strength, although overbought signals could lead to a short-term slowdown according to the 4-hour chart analysis on TradingView.
- On-chain data supports the bullish outlook, with the price hovering above $35 and showing potential for further increase if it maintains this level, backed by increasing buy orders.
Read Full Article
22 Likes
TheNewsCrypto
1M
382
RLUSD Moves Beyond Payments to Power Sovereign-Grade Infrastructure
- RLUSD, initially a stablecoin solution focused on regulatory compliance, is now being integrated into Dubai’s land registry system, marking a shift towards sovereign-grade infrastructure uses.
- This integration showcases RLUSD's evolution from a payment tool to a foundational element in digital public services, questioning how stablecoins can operate as essential infrastructure.
- Andrei Grachev highlighted the importance of privately issued stablecoins functioning at sovereign-grade infrastructure levels, raising questions on issuer accountability, regulatory divergence, and risks like issuer default.
- RLUSD's deployment in state-backed systems like land registries signals a move towards programmable finance in critical public services, emphasizing transparency, compliance, and its potential as a model for other jurisdictions.
Read Full Article
22 Likes
TronWeekly
1M
157
Image Credit: TronWeekly
Bitcoin Cash (BCH) Compression Could Trigger $460 Rally If $420 Breaks
- Bitcoin Cash (BCH) is trading at $414, consolidating in a narrow range with resistance near $420 and support at $400 and $380.
- Bollinger Bands tightening on the 4-hour chart hint at a potential breakout, with resistance levels at $420, $440, and $460 if breached.
- Support levels at $400 and $380 are holding, maintaining a cautiously bullish structure for Bitcoin Cash.
- Accumulation may be occurring as BCH establishes a higher low around $378, with a breakout above $420 potentially triggering a rally towards $460.
Read Full Article
9 Likes
TheNewsCrypto
1M
94
SPX6900 Shows Explosive Growth With a Strong Uptrend; What Next?
- SPX6900 has shown an impressive 340% surge from its March lows of $0.26 to current levels around $1.19, indicating strong bullish momentum.
- The cryptocurrency has broken above both the 50-day EMA and 200-day EMA, reflecting significant buying pressure and positive momentum.
- Despite showing mixed technical results, the market sentiment for SPX6900 remains positive with the 50-day EMA supporting the price at $0.8327.
- With SPX trading at $1.17 with a 7% intraday gain, the asset is currently seen as bullish on the technical chart, with resistance expected around $1.40-$1.60.
Read Full Article
5 Likes
TheNewsCrypto
1M
341
Ravencoin’s 20% Surge Sparks Investor Optimism; What’s Next?
- Ravencoin's recent surge of 20% has sparked investor optimism as the price broke above the descending trendline resistance seen since January 2025.
- Key indicators like RSI climbing to 66.49 and Awesome Oscillator turning positive indicate a bullish trend reversal in Ravencoin's price movement.
- Technical analysis suggests that RVN's price might be entering a bullish phase, currently trading at $0.014735 with potential resistance at $0.020.
- Bollinger band analysis and increase in volume support the breakout theory, indicating a potential further rise in Ravencoin's price if the current trend holds.
Read Full Article
20 Likes
TronWeekly
1M
337
Image Credit: TronWeekly
Ethereum May Soon Break Out of a Bull Flag Pattern Shown on its Daily Chart
- Ethereum is currently showing a potential breakout from a bull flag pattern on the daily chart.
- Several resistance levels at the flag’s top are being encountered, but moving averages suggest strong bullish potential for ETH.
- Analysts recommend waiting for a confirmed breakout before considering further investments in Ethereum.
- The formation of the bull flag pattern in mid-April indicates a potential continuation of the upward trend for Ethereum.
Read Full Article
20 Likes
TronWeekly
1M
62
Image Credit: TronWeekly
Solana’s V-Shaped Recovery: Can It Break $152 for a Bullish Surge?
- Solana's price has reached the critical $141.19 support level, forming a double bottom structure, indicating bullish momentum.
- A break above $152 could trigger a V-shaped recovery for Solana, leading to higher price levels and increased buying.
- Maintaining support at $141.19 is crucial for Solana's bullish outlook; a break could swiftly reverse the trend.
- Solana's return to $141.19 implies potential upside momentum, with $141.19 and $143.94 playing crucial roles in determining its price direction.
Read Full Article
3 Likes
TronWeekly
1M
256
Image Credit: TronWeekly
Bitcoin’s Breakout From Falling Wedge: Will It Lead to a Major Rally?
- Bitcoin and Ethereum bounced off crucial 4-hour 200 MA/EMA levels, suggesting bullish market support.
- Bitcoin consolidates above $100K amid cautious market sentiment, awaiting direction for its next move.
- BTC hints at a potential rally after breaking a falling wedge pattern, but uncertainty remains about retesting the breakout zone.
- Market observers are closely monitoring Bitcoin's price movements for signs of a strong rally, with a focus on maintaining support above $100K.
Read Full Article
15 Likes
TronWeekly
1M
175
Image Credit: TronWeekly
Cardano (ADA) Price Holds Support, Targets $1.39 in Bullish Reversal Setup
- Cardano (ADA) is currently consolidating around $0.6626, staying above a crucial historical reversal zone.
- The 0.786 Fibonacci level at $0.58-$0.61 is acting as significant trend-reversal support.
- Price targets above include $1.0463, $1.2145, and $1.3984 if upward momentum strengthens.
- A sustained hold above support could confirm a bullish reversal, potentially leading to mid-term gains.
Read Full Article
10 Likes
Coindoo
1M
275
Image Credit: Coindoo
Top Ethereum-Based Altcoins by Developer Activity
- Chainlink (LINK) leads the rankings of Ethereum-based altcoins in terms of development activity with a score of 492.77, driven by interest and updates to its oracle network.
- Starknet (STRK) follows with a score of 282, focusing on Layer-2 scalability on Ethereum, indicating ongoing innovation.
- Ethereum (ETH) retains significant developer interest with a score of 269.87, showcasing the sustained momentum of its core protocol.
- Notable projects like EigenLayer (EIGEN), Status (SNT), sUSD (SUSD), and Synthetix (SNX) demonstrate steady development momentum in the Ethereum ecosystem.
Read Full Article
16 Likes
Cryptoticker
1M
8
Image Credit: Cryptoticker
Top 5 RWA Tokens Set for Explosive Growth: Are You Holding the Right Ones?
- Real-World Asset (RWA) tokens like Ondo, Hedera, IOTA, Pendle, and Ravencoin are showing strong technical patterns hinting at a potential breakout.
- Ondo (ONDO) has a potential recovery to $1.15, Hedera (HBAR) could break its downtrend if it surpasses $0.185, while IOTA might move towards $0.25 if it reclaims $0.20.
- Pendle (PENDLE) remains bullish despite a pullback and aims for $5.50, and Ravencoin (RVN) has witnessed a breakout signal targeting $0.022.
- Each token has a unique role in the RWA space, with Pendle and Ravencoin showing potential for significant returns, backed by strong price structures.
Read Full Article
Like
TronWeekly
1M
337
Image Credit: TronWeekly
JasmyCoin (JASMY) Price Near $0.0140 Amid Bearish Pressure, Is a Drop to $0.0130 Next?
- JasmyCoin (JASMY) is trading near $0.0140, facing bearish pressure after failing to sustain momentum above key resistance levels.
- A double top pattern around $0.0146–$0.0150 indicates potential reversal pressure, with declining volume and a decreasing RSI suggesting weakening bullish momentum.
- If JasmyCoin closes below $0.0140, a drop towards $0.0132–$0.0130 is anticipated; a move above $0.0150 could revive bullish sentiment.
- Traders are cautioned about the bearish shift in JasmyCoin's market, with monitoring of key support at $0.0140 and resistance at $0.0150 crucial for determining the next market direction.
Read Full Article
20 Likes
TronWeekly
1M
157
Image Credit: TronWeekly
Pi Network Under Fire as Users Call for Token Transparency
- Many Pi Network users are expressing concerns over missing tokens not showing up in their wallets despite completing KYC and moving to mainnet.
- Users are demanding transparency regarding the movement of funds, with the Pi Network Foundation 2 holding 276.5 million Pi coins being a point of contention.
- The Pi Network is facing criticism due to user concerns about missing tokens and a lack of clarity, prompting calls for better communication and responsiveness.
- Growing concerns about Pi Network transparency include the transfer of 276 million Pi coins by the Pi Foundation wallet and a lack of explanation from the Pi Core Team regarding the purpose of the wallet.
Read Full Article
9 Likes
TronWeekly
1M
139
Image Credit: TronWeekly
XRP Price Prediction: Bullish Forecast Eyes $46 as July Breakout Looms
- XRP is trading around $2.21 with a 3.70% gain over the past week.
- Long-term cycle analysis predicts a surge to $29–$46 by July 2025.
- Technical indicators suggest short-term consolidation around $2.17.
- Market sentiment is divided between bullish forecasts and cautious skepticism.
Read Full Article
8 Likes
TronWeekly
1M
220
Image Credit: TronWeekly
Tether Becomes Daily Currency as Bolivia Turns to Digital Dollars
- Tether (USDT) is increasingly being used in Bolivia for daily transactions, with many stores pricing goods in the stablecoin instead of the national currency due to economic instability and rising inflation.
- Following the lifting of Bolivia's crypto ban in mid-2024, there has been a surge in digital asset adoption, particularly USDT, with trading volumes exceeding $48 million in just a few months.
- The use of mobile wallets and QR code payments has facilitated daily USDT transactions in Bolivia, contributing to financial inclusion in areas with limited traditional banking services.
- Tether's increasing presence in Bolivia signals a major transformation in everyday commerce, as the stablecoin gains significant traction among local consumers and businesses, offering a more stable alternative amidst economic challenges.
Read Full Article
13 Likes
For uninterrupted reading, download the app