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TheNewsCrypto

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Pi Token Faces Downward Pressure as $100M DApp Fund Draws Criticism

  • The $100 million VC fund for DApp development faces criticism as PI continues its downward trend from the $1.67 peak.
  • Technical indicators show bearish sentiment with MACD below the signal line and price breaking major EMAs.
  • Dr. Kokkalis shared a vision of AI and blockchain integration at Consensus 2025, but PI coin price fell by 20%, causing negative community sentiment.
  • Despite a million-dollar venture announcement for DApp development, PI faced criticism for slow adoption, and technical indicators suggest further downward pressure on the PI token price.

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TheNewsCrypto

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Will Bulls Push Ethena (ENA) Past $0.40 or Lose Momentum at Resistance?

  • Ethena (ENA) is currently trading around the $0.38 level with a market cap of $2.21 billion.
  • The market witnessed $1.63 million in ENA liquidations with a modest loss of 1.51% in overall market cap.
  • The monthly price chart shows Ethena has gained over 37.60%, reaching a high of $0.45 from an initial trading price of $0.27.
  • Ethena's next move may see a downside correction towards the support range at $0.3825, while a bullish reversal could target the $0.40 mark.

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TronWeekly

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Keeta Launches on Base Chain and Hits $0.50 Price Milestone

  • Keeta (KTA) launched on the Base network and surged to $0.50, reaching a $200M market cap soon after its March 2025 debut.
  • Backed by former Google CEO Eric Schmidt who invested $17M of the $22.3M raised, boosting credibility and investor confidence.
  • Aims to be the world’s most scalable blockchain claiming up to 10 million TPS, surpassing current leaders like Solana.
  • Keeta and MIND of Pepe (MIND) show strong potential in the crypto markets of 2025, with Keeta focusing on scalability and MIND revolutionizing crypto trading with AI-powered insights.

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TronWeekly

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Aptos (APT) Bullish Retest: Is $6.20 and $7.40 the Next Big Targets?

  • Aptos displayed a bullish retest after breaking trendline resistance and aligning with the 0.618 Fibonacci retracement level.
  • The retest of the trendline indicates consolidation, with higher lows suggesting ongoing buyer support and demand.
  • Aptos targets $6.20 and $7.40, with the trendline retest confirming bullish momentum and potential for further gains.
  • Traders are closely monitoring Aptos' movement as it seeks to break resistance levels, with positive signs pointing towards potential growth.

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TronWeekly

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Ripple Sees Momentum Shift After Judge Torres Blocks SEC Request

  • Ripple gains legal edge as Judge Analisa Torres denies SEC's motion, citing procedural impropriety.
  • The SEC must collaborate with Ripple to propose a new judgment, admits prior errors, and face a high bar for any amendment.
  • Judge Torres rejects SEC's motion to reduce Ripple's civil penalty to $50 million, highlighting procedural flaws and importance of due process.
  • SEC Commissioner Caroline Crenshaw opposed a proposed $75M settlement, criticizing it as a threat to the agency's enforcement authority.

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TronWeekly

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Is FTX Token (FTT) Back? Momentum Builds Toward $1.68 and Beyond

  • FTX Token (FTT) breaks major trendline, sparking bullish interest with short- and long-term targets up to $2 in sight.
  • A successful retest of resistance as support boosts trader confidence and opens doors for swing trading opportunities.
  • Momentum builds as trading volume rises, with analysts eyeing $1.45 and $1.68 as critical levels for the next move.
  • FTX Token has made a bullish comeback after enduring a prolonged downtrend and periods of inactivity, with the price currently trading at $1.30.

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TronWeekly

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Bitwise CIO Signals Bitcoin Shock: 95% Owned, Few Buyers Involved

  • Bitwise CIO Matt Hougan stated that 95% of Bitcoin is already owned and 95% of global investable money is not exposed to Bitcoin.
  • Hougan believes the supply-demand imbalance in Bitcoin could lead to a significant price rally.
  • Bitcoin's scarcity amplifies as demand rises, with only a small fraction of investable capital currently invested in Bitcoin.
  • Hougan predicts a sharp rise in Bitcoin price, with projections of reaching $200,000 by the end of the year due to institutional growth.

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TronWeekly

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Sonic Hits $1 Billion Mark, Topping Main Rivals

  • Sonic has marked a significant milestone in the blockchain market, achieving $1 billion in positive inflows this year.
  • Notable platforms like Base, Solana, Unichain, and Berachain are reporting strong inflows, while older chains like Arbitrum are facing sharp outflows.
  • Sonic has become the first blockchain network in 2025 to reach $1 billion in net flows, showcasing its growing influence in the industry.
  • Leading chains competing for capital inflows include Sonic, Base, Solana, Unichain, and Berachain, with Sonic leading with $1.3 billion in inflows.

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TronWeekly

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TRUMP Token Recovery Sparks Bullish Sentiment; Is a Rally Toward $16.50 on the Horizon?

  • TRUMP meme coin is showing signs of fresh upward momentum, targeting a rally towards $16.50 with key support at $13 after a period of consolidation.
  • The current trading price for TRUMP is $12.78 with a 24-hour trading volume of $671.08M and a market cap of $2.55B, indicating significant price movement up by 64.55% over the last month.
  • Analyst Emma notes that TRUMP has rebounded from lows to a potential high target of $16.46, currently in a period of sideways consolidation with support at $13 and resistance at $13.37 and $14.20.
  • A breakout above the $14.20 resistance level could push TRUMP towards $15.50, while a drop below $12.30 would invalidate the bullish outlook, serving as a stop-loss level for traders.

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TronWeekly

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Ripple (XRP) Set for Upward Move: $2.55 and $3.33 Are Within Reach

  • XRP completes A wave correction and targets $2.55 resistance in uptrend.
  • Bullish momentum could drive XRP towards $3.33 after A wave completion.
  • Crucial for XRP to hold support at $2.3502 and $2.2222 for sustained bullish momentum.
  • Analysts optimistic about XRP's short-term prospects, key levels to watch for potential upward move.

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Coindoo

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Massive Whale Activity Detected: Over $700M in Bitcoin and XRP on the Move

  • Massive whale activity detected involving over $700M in Bitcoin and XRP on the move, with major exchanges like Coinbase, Kraken, Binance, and institutional entities like Cumberland being part of the transactions.
  • Key transfers spotted include large amounts of XRP and BTC moving between unknown wallets, as well as transfers to and from exchanges like Coinbase, Kraken, and Binance.
  • These transfers to exchanges like Coinbase may signal potential selling activity, while transfers from exchanges to unknown wallets can indicate accumulation or custody migration.
  • Involvement of institutional players like Coinbase Institutional and Cumberland suggests broader portfolio rebalancing or OTC trades, leading to short-term volatility in the market.

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TronWeekly

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Dogecoin: High Transaction Volume and Whale Activity Could Cause Price Rise

  • Dogecoin is experiencing a rise in the number of active users, transacted coins, and whale trading activity.
  • Data indicates increased retail and whale involvement, leading to the price of Dogecoin surpassing $0.22 in mid-May.
  • Despite a slight softening in activity, the high levels suggest the potential for further price increases.
  • Key signs in the blockchain suggest growing interest in Dogecoin, with rising active addresses, transactions, and engagement of large investors.

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Coindoo

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XRP: Short-Term Price Prediction Based on Wave Analysis

  • Analyst who accurately predicted XRP drop to $2.36 now foresees a push towards $2.55 and a longer-term move to $3.333.
  • Current Elliott Wave correction shows Wave A complete, with Waves B and C expected to follow for a bullish retracement setup.
  • Key levels to monitor: Supports at $2.3502 and $2.2222, Resistances at $2.58 and $3.3333.
  • Traders advised to watch for confirmation of Wave B strength before positioning for larger move to $3.33, with bullish outlook dependent on maintaining support above $2.22 in the short term.

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TronWeekly

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HBAR Breaks Out: Rally Toward $0.45 in Sight After Bullish Reversal

  • HBAR is showing bullish momentum and holding above the $0.201 support level after breaking out of a Falling Wedge pattern.
  • The token has surged 28% in the past month, backed by technical indicators like inverted head and shoulders and positive EMA crossover.
  • If the support at $0.201 remains strong, HBAR could target $0.28 in the short term and $0.40–$0.45 in the mid-term.
  • The overall market sentiment is bullish, and HBAR's current technical setup suggests a potential breakout rally in the near future.

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TronWeekly

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XRP Bounce From Trendline Validates Breakout, Bulls Set Sights on $4.5

  • XRP surged 50% in the past five weeks, reaching $2.42, still below the January peak of $3.40.
  • Analysts predict a potential breakout if XRP maintains above $2.4, with targets set at $2.9, $3, and potentially $4.5.
  • A 'death cross' on the 4-hour chart indicates a possible slowdown if XRP support falls below $2.20.
  • Short-term momentum for XRP may be affected as the coin needs to hold above the support level of $2.20–$2.30, with potential resistance at $3.

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