A naukri.com initiative
Altcoins News
TronWeekly
1M
18
Image Credit: TronWeekly
PENGU Forms Bullish Double Bottom: Breakout Toward $0.01650 in Sight
- PENGU is forming a bullish double bottom pattern on the 4-hour chart, indicating a potential trend reversal.
- Key resistance lies between $0.01450 and $0.01500; a breakout could push the price toward the $0.01650 target.
- Momentum is shifting bullish as PENGU trades above both the 9 EMA and 50 SMA, supported by increasing volume.
- PENGU is showing signs of a potential bullish reversal with a double bottom pattern forming, crucial resistance lies between $0.01450 and $0.01500 with a target of $0.01650.
Read Full Article
1 Like
TronWeekly
1M
282
Image Credit: TronWeekly
XRP’s Growth Forecast: Will the W Formation Drive a 600% Price Increase?
- Ripple’s market cap analysis indicates potential growth, with predictions suggesting significant price increases for XRP.
- The W formation pattern has been reliable in forecasting XRP’s price growth in previous cycles, potentially leading to a surge of 242% to 600%.
- Two distinct market potential paths for XRP were analyzed using logarithmic and non-logarithmic models, projecting varying market cap estimates ranging from $270 billion to $1.5 trillion.
- These projections highlight four key growth targets for XRP based on potential market cap increases, indicating significant price potential for the cryptocurrency in the future.
Read Full Article
16 Likes
TronWeekly
1M
314
Image Credit: TronWeekly
Pepe (PEPE) Forms Bullish Double Bottom, Next Stop $0.00002745
- Pepe (PEPE) has shown a 10.20% rise in the past week, currently trading at $0.00001401 with a 24-hour volume exceeding $1.3 billion.
- The formation of a double bottom pattern indicates a strong bullish momentum, with price targets set at $0.00001872 and $0.00002745.
- Analysts foresee potential highs of $0.0000308 by the end of the year, acknowledging the possibility of short-term pullbacks despite the positive trend.
- The technical analysis supports the positive outlook for Pepe (PEPE), with a double bottom pattern forming and volume indicators suggesting a potential surge towards the mentioned price targets.
Read Full Article
18 Likes
Coindoo
1M
54
Image Credit: Coindoo
Charles Hoskinson Refuses $3M for His Pet Pig, Inspires Viral Memecoin
- Charles Hoskinson recently revealed turning down a $3 million offer for his pet pig Nike, calling him "a priceless pig."
- This incident during an AMA session led to a viral clip that showcased the playful side of the prominent crypto figure.
- The creation of a memecoin named NIKE based on this event quickly gained traction in the Cardano ecosystem, reaching nearly $1 million in market cap within 12 hours.
- The story of Nike the pig continues to charm many, highlighting the meme-driven nature of the crypto world where even a pig can reach the moon.
Read Full Article
3 Likes
TronWeekly
1M
86
Image Credit: TronWeekly
Breaking: Ripple Challenges SEC Rules XRP Isn’t a Security, Says New Legal Letter
- Ripple challenges SEC’s stance on digital assets in a new letter citing case law and legal scholarship.
- The letter proposes a legal framework for when tokens separate from investment contracts.
- Ripple urges clarity through law, not enforcement, and supports a safe harbor to protect innovation.
- Ripple submitted a letter addressing whether a digital asset separates from an investment contract, citing legal scholar Lewis Cohen's study and Judge Analisa Torres's decision in SEC v. Ripple Labs.
Read Full Article
5 Likes
Bitcoinsensus
1M
177
Image Credit: Bitcoinsensus
Solana Price Analysis: Bulls Battle $180 Resistance—Breakout or Rejection?
- Solana (SOL) has shown significant upward momentum in recent weeks, bouncing back from below $100 on April 7.
- Currently trading at $176.81, SOL faces a crucial resistance level at $180, historically a key pivot point for the asset's price action.
- Depending on how SOL interacts with the $180 level, different scenarios could unfold for traders looking to enter or exit positions.
- Traders are advised to monitor volume, key support levels, and price action around $180 to gauge potential upside or downside targets for SOL.
Read Full Article
10 Likes
TronWeekly
1M
186
Image Credit: TronWeekly
Is $10,000 XRP Possible? Market Cap Math Says It’s Just the Start
- XRP's breakout may coincide with trillions in liquidity and ETF momentum, with market cap models hinting at potential price soaring to $25 and beyond.
- Critical catalysts align in June 2025 including ETF decision, Fed meeting, and XRPL APEX event, highlighting XRP's promising future.
- Years of inactivity for XRP seem to be ending as it gains importance in the financial sector, with predictions of reaching milestones like $100, $1,000, and even $10,000 based on institutional adoption.
- XRP's market cap metrics suggest explosive valuation zones, with potential targets between $4.60 and $25.57, and extreme results reaching $51 based on detailed analysis.
Read Full Article
11 Likes
Coindoo
1M
18
Image Credit: Coindoo
Solana Price Prediction by Standard Chartered
- Standard Chartered Bank projects SOL to rise from $175 to $500 by 2029 with a bullish outlook.
- Solana may underperform Ethereum in the short term due to its reliance on memecoin trading activity.
- Solana dominates memecoin trading, but concerns arise about sustainability as markets anticipate future earnings decline from this trend.
- Despite concerns of limited diversification, Standard Chartered Bank remains optimistic about Solana's long-term value and potential price appreciation.
Read Full Article
1 Like
Newsbtc
1M
223
Image Credit: Newsbtc
Greed Rising, Chainlink Stalling: Will LINK Smash Past $20 And Race To $36.5?
- Chainlink's token LINK has shown minimal movement this month, currently ranking 13th by market cap with a 3.8% increase since May 1.
- Chainlink introduced its Cross-Chain Interoperability Protocol on Solana to connect with assets across different chains, aiming to boost DeFi integration.
- Despite 16 new integrations across various chains, LINK's market performance remains flat, with resistance levels at $20, $25-$26, and a mid-term target of $28-$30.
- Technical indicators suggest a potential breakout for LINK towards $36.5, although forecasts remain modest with a 0.61% gain by June 26, 2025, amid a Greed sentiment and modest market moves.
Read Full Article
13 Likes
Bitcoinsensus
1M
123
Image Credit: Bitcoinsensus
Cetus Protocol Announces Readiness to Compensate Stolen Assets
- Cetus Protocol announces readiness to compensate stolen assets using its own reserves and UI Foundation will support the recovery through a liquidity bridge.
- Following a security incident resulting in a loss of $223 million, Cetus Protocol assured users of full compensation even if core capital remains frozen at the hacker's addresses.
- SUI Foundation is ready to provide a loan for the liquidity bridge required to restore activity, pending a vote by the SUI community to activate the $160 million frozen at hacker's addresses.
- CETUS token surged by 23% to $0.15 post-announcement of compensation plans, showing a positive market response.
Read Full Article
7 Likes
Coindoo
1M
332
Image Credit: Coindoo
FTX Repayments Begin via BitGo, Trading Access Expected on May 30
- FTX has started repaying its customers, including those affected by the FTX Bahamas proceedings.
- Distributions are visible but locked from trading until May 30, 2025, with a 20% interest bonus for claims under $50,000.
- The credited funds can be withdrawn starting May 30, with distributions in USD and no crypto allocated yet in the sample case.
- This marks progress in resolving FTX's collapse from late 2022, with legal proceedings and asset recovery efforts ongoing.
Read Full Article
20 Likes
Coindoo
1M
68
Image Credit: Coindoo
Memecoins Fuel Global Crypto Surge in 2025, Gemini Report Finds
- Global State of Crypto study reveals increased crypto ownership in key regions like U.K., U.S., France, and Singapore.
- Major drivers of crypto expansion include memecoins and political support, with U.S. led by Donald Trump's administration initiatives.
- France leads in memecoin adoption, with 67% of crypto investors holding meme-based tokens.
- Memecoins, with a market cap of over $77 billion, are seen as an important onramp for new investors into the crypto space.
Read Full Article
4 Likes
Coindoo
1M
183
Image Credit: Coindoo
Active vs. Inactive Trades: Analyst Highlights Smart Strategies
- Understanding whether you're trading an active or inactive coin is crucial for strategy, says Sherpa.
- Active trades involve trending, highly volatile tokens like HYPE, suitable for high-leverage strategies.
- Inactive coins such as ENA are consolidating with no clear trend, not ideal for high leverage currently.
- Sherpa recommends using leverage on assets that are already moving and spot buying inactive coins like ENA for long-term gains.
Read Full Article
10 Likes
TronWeekly
1M
214
Image Credit: TronWeekly
Is Solana (SOL) Facing Early Bearish Pressure? Negative Funding Rate Sparks Debate
- Solana is currently the only top 10 cryptocurrency with a negative funding rate, indicating a possibility of traders increasing shorts on the coin.
- Despite high interest in futures, Solana has experienced a decrease in both daily active addresses and price, suggesting a weakening bullish momentum.
- Traders are advised to proceed with caution due to the weakening bullish momentum revealed by technical indicators in the Solana market.
- Glassnode's on-chain data reveals that Solana's negative funding rate of -0.0002% is a notable signal in the market, sparking discussions about potential price drops or risk mitigation strategies among traders.
Read Full Article
12 Likes
TronWeekly
1M
309
Image Credit: TronWeekly
Will SUI Explode in 2025? Mixed Signals Point to Crucial Support at $3.40
- SUI token is currently trading at $3.54, witnessing a slight daily decline but with positive volume growth.
- Technical analysis indicates SUI is within an ascending channel, though fading momentum signals caution.
- Long-term predictions for SUI in 2025 vary widely, with potential highs ranging from $2.79 to $7.78.
- Market projections suggest differing outcomes for SUI in 2025, with estimates varying from $2.79 to $7.78 based on different sources.
Read Full Article
18 Likes
For uninterrupted reading, download the app