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Bitcoinist
4d
377
Image Credit: Bitcoinist
Dogecoin Price Rejection From $0.24-$0.25 Supply Zone Shows Bears Are Taking Over
- Dogecoin is showing signs of weakness after failing to break through the $0.24-$0.25 supply zone, leading to a 15% drop from its recent local high.
- A bearish engulfing pattern has emerged on the daily candlestick timeframe chart, indicating that sellers are regaining control after the recent rejection.
- The rejection at $0.24 to $0.25 zone is supported by an increase in trading volume, further reinforcing the bearish outlook for Dogecoin.
- Key support levels to watch are $0.19361 and $0.14915, with the possibility of a deeper correction if the former level is broken, while the latter level could attract institutional interest.
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TronWeekly
4d
287
Image Credit: TronWeekly
Cardano (ADA) Accumulations Up 80 Million in 48 Hours: Will this Bring a Price Increase?
- Whales have accumulated over 80 million ADA tokens in 48 hours, signaling confidence in Cardano's growth potential.
- ADA's price has remained stable despite whale activity, with technical indicators showing some uncertainty.
- The price of ADA could potentially increase if whales continue to buy and technical indicators improve with increased investor participation.
- Whale confidence in ADA is on the rise, with their consistent purchases helping to stabilize prices as technical indicators suggest potential for price growth.
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Coinpedia
4d
113
Image Credit: Coinpedia
XRP Price Prediction For May 2025
- XRP is currently trading around $2.36 without a clear direction, finding support near $2.30.
- Key levels to watch include support between $2.10 and $2.15 and resistance at $2.43-$2.44 and $2.60.
- Fibonacci retracement tool shows strong resistance at the golden pocket between $2.55 and $2.62.
- There's a possibility of a bullish inverse head and shoulders pattern forming if XRP drops to $2.10-$2.15, bounces back to $2.60, and confirms above $2.60, potentially leading to a rally past $3.
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Coindoo
4d
12
Image Credit: Coindoo
Altcoins Quietly Leave Binance – Is Accumulation Heating Up?
- Large volumes of altcoins are flowing out of Binance, signaling potential upward momentum.
- Tokens like Ethereum, Chainlink, Maker, and Artificial Superintelligence Alliance are experiencing high withdrawal rates.
- Smaller-cap assets such as SLP, 1INCH, YGG, and OGN are also seeing significant movement away from centralized exchanges.
- Accumulation of Ethereum continues despite market turbulence, with declining exchange reserves suggesting future price strength.
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Coindoo
4d
182
Image Credit: Coindoo
Whales Dive Into PEPE Despite Market Slump – What Are They Seeing?
- A whale wallet labeled 0x6ea made a significant withdrawal from Binance, acquiring 1.79 trillion PEPE tokens worth over $22 million.
- Despite the whale's purchase, the PEPE token price continued to fall, reducing the whale's holdings to around $21.9 million.
- PEPE, a prominent memecoin, experienced an 8% decline in just 24 hours, trading around $0.00001222 amidst the broader market downturn.
- Other whales, like wallet 0xaca, have also been buying PEPE tokens during this market slump, indicating potential accumulation strategies by some investors.
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Coindoo
4d
203
Image Credit: Coindoo
Could XRP Be the Next Big Crypto Play? Dave Portnoy Weighs In
- Dave Portnoy suggests that XRP could be the next big crypto play, drawing parallels with Bitcoin's early success driven by fear of missing out.
- Portnoy shared a personal anecdote about missing out on a Miami apartment to a Bitcoin investor, leading to his curiosity about emerging digital assets like XRP.
- Despite XRP's legal challenges and volatile history, some investors see its potential for a breakout due to its visibility and infrastructure.
- Portnoy's unconventional approach reflects a broader sentiment in the crypto community that the next big opportunity may not wait for everyone to feel prepared.
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Bitcoinist
4d
373
Image Credit: Bitcoinist
Dogecoin Moves Into Demand Zone After 10% Fallout – Is A Bounce Coming?
- Dogecoin (DOGE) has entered a key demand zone following a 10% drop, indicating a potential short-term recovery if the daily price low holds.
- Recent price action showed Dogecoin establishing range lows, triggering a liquidity sweep, and entering a high-demand zone, signaling short-term bullishness.
- While the larger market structure remains neutral-bearish, Dogecoin is yet to breach resistance levels near $0.235-$0.24, where further buying pressure or seller activity is expected.
- Technical analysis suggests a probability of a bullish move as historical data indicates a low likelihood of revisiting the current daily low and a high probability of forming a new daily high, potentially leading to a price bounce.
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TronWeekly
4d
0
Image Credit: TronWeekly
Bittensor (TAO) Struggles at $421: Can Bulls Defend Critical $412 Support?
- Bittensor (TAO) is trading at $421.32, reflecting a decline of 5.54% in the last 24 hours with a consistent short-term bearish trend.
- Price remains below the 9 EMA at $428.03, indicating ongoing selling pressure, with key support near $412.
- RSI at 37.86 and bearish MACD crossover signal weak momentum and limited buyer interest.
- Despite facing resistance at $428, a break above the 9 EMA could lead to a recovery toward the $437–$440 range.
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TronWeekly
4d
408
Image Credit: TronWeekly
Solana Chain GDP Surges 20% in Q1 as DeFi and Stablecoin Markets Expand
- Solana Chain GDP grew 20% QoQ in Q1, reaching $1.2 billion in application revenue.
- Stablecoin market cap on Solana surged 145% QoQ to $12.5 billion in Q1 2025.
- Solana DEX trading volume increased by 41% quarter-over-quarter, reaching $4.6 billion.
- Solana had significant growth in Q1 2025, with leading applications like Pump.fun, Phantom, and Jupiter contributing to revenue increase, making Solana a top choice for DeFi, consumer applications, and payment networks.
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Bitcoinsensus
4d
28
Image Credit: Bitcoinsensus
How Ethereum Managed to Recover After Months of Underperformance
- Institutional investors have been showing increased interest in Ethereum's performance, with Abraxas Capital making significant investments in ETH recently.
- Ethereum has surged by 63% this month, outperforming most major assets, with its price reaching $2,601 per ETH.
- Abraxas Capital withdrew 278,639 ETH from exchanges since May 7, securing holdings at an average price of $2,350 and now holding an unrealized profit of $77 million.
- Ethereum's recent rally surpassing Bitcoin's gains by a large margin indicates a potential shift in market dynamics, with institutional investors positioning themselves for further growth.
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Coindoo
4d
272
Image Credit: Coindoo
XRP Holds Support at $2.31 in Double Bottom Formation — Eyes on Higher Breakout
- XRP is holding support at $2.31 in a double bottom formation, bouncing off the red descending trend line.
- The current price action is ranging between $2.30 and $2.62, with two potential scenarios outlined: bullish case aiming for $3.3967 and bearish case targeting lower Fibonacci zones.
- EGRAG CRYPTO encourages XRP investors to stay steady and strong amid the current price volatility.
- With key support intact, XRP is approaching a critical breakout point that traders will closely monitor in the upcoming days.
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16 Likes
Bitcoinist
4d
109
Image Credit: Bitcoinist
States Go Crypto: $632 Million In Strategy Stock Held Across 14 US Funds
- Retirement managers in 14 US states have added a total of $632 million in Strategy stock to their portfolios to tap into Bitcoin's gains without directly buying the coin.
- Public funds boosted their holdings by $302 million in Q1 2025, with an average increase of 44% in their position sizes, using Strategy stock as a stand-in for Bitcoin.
- States like California, Florida, and Wisconsin lead the trend, with California holding the highest shares worth $276 million, followed by Florida at $88 million and Wisconsin at $51 million.
- Lawmakers in 26 states have filed 47 crypto-related bills, with some states like New Hampshire approving laws allowing up to 5% of their treasury to go into Bitcoin, while others like Arizona and Florida have seen measures related to crypto investments being stalled or voted down.
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Coindoo
4d
93
Image Credit: Coindoo
Bitcoin Targeting $120,000 While Altcoins Signal Historic Breakout Potential
- Bitcoin, currently in a strong accumulation phase with support around $89K, could target $120,000 in its next market top according to on-chain data.
- Altcoin markets may be on the verge of a significant shift, with a record-setting bullish divergence on the TOTAL3/BTC chart suggesting a potential breakout.
- The bullish divergence on altcoin charts indicates a looming altseason and a reclaim of market dominance, setting the stage for outsized gains.
- Overall, the crypto market is primed for a rally, with Bitcoin expected to lead the way with a strong surge while altcoins follow with potentially substantial gains.
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Coindoo
4d
313
Image Credit: Coindoo
Stablecoin Transactions Surpass $6 Trillion in Q1 2025
- Stablecoin transactions exceeded $6 trillion in Q1 2025, showcasing their importance in the digital financial ecosystem.
- USDC and USDT are leading the market, with USDC experiencing significant growth and surpassing USDT in transaction volume.
- Alternative stablecoins like BUSD and FDUSD are gaining traction, indicating a trend towards diversification in stablecoin adoption.
- The rise in stablecoin transactions since early 2023 reflects increased usage beyond crypto trading, with applications in remittances, DeFi, international payments, and on-chain payrolls.
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18 Likes
TronWeekly
5d
358
Image Credit: TronWeekly
Pi Network Price Crash Raises Fears of Team Exit
- Pi Network's price initially rose from $0.40 to $1.60 due to Consensus event hype and $100 million fund announcement.
- However, the price subsequently declined, leading to concerns among investors.
- A crypto analyst accused the Pi Core Team of manipulating the token's value by generating excitement and then selling off their holdings silently.
- Current Pi price stands at $0.70 after the crash, causing worries among holders about the team's potential exit.
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