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TronWeekly

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Cardano (ADA) Is on the Rise in Bullish Sentiments, Price Rally Next?

  • Cardano (ADA) has gained significant popularity among crypto enthusiasts, ranking second in favorability with 91.9% of supporters voting for it.
  • Despite recent price decreases, positive sentiment among investors suggests a potential price rally for ADA in the near future.
  • The Cardano ecosystem continues to be trusted by investors, with growing community backing and increasing daily transactions on the network.
  • Investors and experts show more enthusiasm for Cardano than other major cryptocurrencies like Ethereum, positioning ADA favorably in market sentiment.

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Bitcoinist

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Ethereum Futures Market Boom As Open Interest Surges To A New Peak

  • Ethereum has shown bullish traction, surpassing the $2,600 level as demand rises, attributed to its Open Interest in the derivatives market.
  • The Ethereum Open Interest has hit a new peak of 7.18 million ETH in futures, valued at $19.1 billion, signaling increased speculative activity and investor engagement.
  • Crypto expert Poseidon notes that the surge in Open Interest is driven by an increase in short positions as investors hedge against volatility, despite holding long positions in other altcoins.
  • ETH has outperformed Bitcoin in Q2 as it records a growth of approximately 40%, indicating strong resilience and momentum, fueling speculations of a potential move towards key resistance levels and new all-time highs.

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TheNewsCrypto

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SEC Delays Bitwise ETF Decision, Leaving XRP, SOL, and ADA awaiting

  • The SEC has delayed the decision on Bitwise's crypto index ETF, affecting altcoins XRP, SOL, and ADA.
  • No spot altcoin ETFs have been approved despite a pro-crypto administration.
  • Analysts predict potential approvals by late 2025, but the sentiment remains positive.
  • The SEC's pause on Bitwise ETF conversion affects altcoins as the regulator continues to deliberate on ETF approvals.

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TheNewsCrypto

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BlackRock Plans 10% Stake in Circle’s $624M IPO as Acquisition Talks Continue

  • BlackRock plans to buy 10% of Circle's shares in the company's $624 million IPO, signaling deeper involvement in the crypto space.
  • Circle aims to raise $624 million through its long-awaited IPO, with BlackRock showing interest in acquiring a significant stake.
  • Despite the IPO plans, talks about potential acquisition of Circle by Coinbase and Ripple are still ongoing.
  • BlackRock's interest in Circle's IPO signifies a strategic move towards dominating the stablecoin infrastructure in the emerging crypto financial system.

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TronWeekly

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Arbitrum (ARB) Consolidates After Breakout: Is a Fresh Rally Imminent?

  • ARB, the native token of the Arbitrum network, has shown a strong bullish inverse head and shoulders pattern on its daily price chart.
  • The coin is currently trading around a key support zone of $0.38–$0.40, where the breakout occurred and is supported by the 50-day EMA and 100-day SMA.
  • A bounce from the current support level could confirm the breakout strength and lead to a potential rally towards the recent high of $0.48.
  • However, a significant drop below $0.38 may invalidate the bullish setup and indicate a potential trend reversal.

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TheNewsCrypto

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Analyst Predicts XRP “Crash” Using Reverse Chart, Sees $27 Target

  • Market analyst EGRAG Crypto predicts a major 'crash' in XRP price using reverse chart analysis.
  • Three historical cycles in XRP's price history show a pattern of EMA break, pullback, and subsequent rally.
  • Current Cycle 3 in XRP could potentially yield gains of 1,500% with a target range of $27 to $30 according to EGRAG.
  • XRP's price activity, as analyzed by EGRAG, suggests significant upward advances despite using pessimistic terminology like 'drops' in his predictions.

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TheNewsCrypto

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Ethereum Vs. Ripple: Which One Is Likely For Higher Returns In 2025 As Traders Turn To New Altcoin Mantix

  • Ethereum and Ripple are vying for the top position in 2025 as traders look for new opportunities in crypto.
  • Investors are turning to Mantix, a new altcoin with AI and blockchain technology, which experts believe could surge 100x from its current price of $0.02.
  • Ethereum faces resistance at $2,800, while XRP climbs 7% amidst legal uncertainties and anticipation of SEC decisions.
  • Mantix Exchange offers AI-driven trading, speed, security, and community growth with a presale active at $0.02, presenting an early investment opportunity.

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TheNewsCrypto

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SUI Holds Support in Wedge Breakout with $4.63-$6 Targets Ahead

  • SUI maintains bullish wedge breakout above $3.30.
  • Open interest rises 2.10% to $1.81 billion as derivatives show optimism.
  • Technical analysis points to $4.63 and $6 potential price targets.
  • SUI faces resistance trendline and possible retracement if support isn't maintained.

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99Bitcoins

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Is This The End of BONK? Technical Analysis Gives Warning Signs

  • BONK, the Solana meme coin, is experiencing an intriguing phase with recent integrations and price surges.
  • Technical analysis presents conflicting points, creating uncertainty about BONK's future price movements.
  • BONK's price action on different timeframes indicates potential support levels and the need to reclaim certain moving averages.
  • While some believe in BONK's growth potential, technical indicators suggest caution in its current price dynamics.

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TheNewsCrypto

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Dogecoin Shows Recurring Pattern as Analyst Predicts 5,000% Rally to $12

  • Analyst Trader Tardigrade identifies a repeating bullish pattern on Dogecoin's chart, suggesting a potential rally to double digits.
  • Historical cycles show significant rallies of 300% and 29,130% following similar formations on Dogecoin.
  • Pattern completion could drive Dogecoin to a $12 target, with a market cap of $1.79 trillion.
  • Recent technical developments support the bullish outlook for Dogecoin, indicating a rebound to higher price levels.

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TronWeekly

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Worldcoin Traders Eagerly Wait for a Dip While Fartcoin Rallies with Unstoppable Strength

  • Altcoin Sherpa is bullish on Worldcoin but waiting for a pullback into a key demand zone before buying.
  • Fartcoin is in a strong, steady uptrend with high volume, showing clear bullish momentum.
  • Sherpa's strategy combines patience during consolidation and conviction during confirmed trends.
  • Timing and adaptability remain crucial as altcoin momentum accelerates heading into summer.

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TheNewsCrypto

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Analyst Predicts Cardano Could Outperform Solana Despite Lower Market Cap

  • Analyst Alex Becker predicts that Cardano may outperform Solana in the current market cycle despite having a lower market capitalization.
  • Cardano is valued at less than $28 billion, compared to Solana's $91 billion market capitalization.
  • Becker sees the potential for Cardano to deliver 5x to 8x returns, with a target price of around $6.10, highlighting its risk-adjusted gains compared to Solana.
  • Becker praises Solana for its stability and technical capabilities but suggests Cardano for riskier yet more lucrative trading strategies, emphasizing ADA's strategic investment potential.

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TronWeekly

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Ethereum Market Fragile as $123B Hovers Just Above Investor Cost Basis

  • Nearly 38% of Ethereum’s market cap, around $123 billion, was bought close to current prices, leaving investors at risk of quick losses if the price dips.
  • A key level to watch for potential forced liquidations in Ethereum is $2,472, although a drop to that level is not considered likely at the moment.
  • Despite recent gains, Ethereum remains in a delicate position with a fragile market structure, according to analytics firm Glassnode.
  • Technical analyses indicate that Ethereum could see a potential breakout above $2,700, with targets set at $3,400, depending on key price levels being maintained.

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Bitcoinsensus

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TON Price Stabilizes at $3.41 After a Massive Impulse to $3.69

  • TON price stabilized at $3.41 after a significant jump to $3.69, indicating a potential uptrend with some deceleration or a deeper correction.
  • EMA analysis shows an upward trend with key EMAs supporting the price, including EMA-20, EMA-50, EMA-100, and EMA-200.
  • RSI peaked at 92.14 but has since decreased to 72.51, still in the overbought zone, suggesting a potential shift from overheating to sustainable trending.
  • Fibonacci levels indicate crucial support zones at $3.5, $3.4, $3.33, $3.2, and $3.1, with market sentiment cautiously bullish amidst signs of overbought conditions and trend slowdown.

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Cryptoticker

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Why Is Toncoin Price Up?

  • Toncoin (TON) price surged over 20% due to partnership between Elon Musk's xAI and Telegram to integrate AI chatbot into platform.
  • The surge in price is fundamentally driven by a real-world event impacting Toncoin's utility and visibility.
  • The partnership with Telegram is seen as a sentiment catalyst, potentially expanding TON's usage and demand.
  • Technical indicators and volume spikes confirm the breakout above key resistance levels for Toncoin.
  • The surge in price suggests strong belief in TON's growing role within the AI ecosystem, particularly with Telegram's integration.
  • Predictions indicate that TON price could reach $4–$4.50 range in the near term and potentially beyond $5 in the longer run.
  • Chart analysis shows a breakout pattern on hourly and daily charts, with clear support and resistance levels identified.
  • The sustainability of the surge depends on factors like resistance zones, volume confirmation, and momentum bursts.
  • Fibonacci extension targets indicate potential upside to $3.74 and $3.95 if TON price holds above key support levels.
  • Buyers should be cautious of short-term pullbacks if TON price fails to break above key resistance levels and support levels are breached.

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