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Altcoins News
TheNewsCrypto
2M
41
Ethereum (ETH) Faces a Critical Test, Will It Bounce Back or Fall Further From $3K?
- Ethereum is currently trading around $2.5K with a slight gain of over 0.20% in the last 24 hours.
- A brief 1.66% spike in the market pushed the crypto market cap to $3.33 trillion, but Ethereum faces a bearish net that may hinder bullish emergence.
- The price of ETH could drop towards $2,505 if bearish momentum continues, while potential upside could see it reaching $2,660 supported by bullish indicators like the BBP value and RSI level.
- Technical analysis indicators like MACD signal a potential downtrend for Ethereum, while indicators like CMF, BBP value, and RSI suggest bullish momentum and possible upward movement in the future.
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TronWeekly
2M
179
Image Credit: TronWeekly
XRP Faces Short-Term Weakness, But Long-Term Setup Points to $13 Target
- XRP experienced a pullback to $2.42 after encountering resistance at $2.64, indicating short-term selling pressure.
- Short-term technical indicators like bearish divergence and negative MACD signal weakening momentum.
- Trading volume spiked 30% to $5.47 billion, demonstrating strong market interest despite the dip.
- A long-term bull flag on the weekly chart suggests a potential breakout towards a $13 target for XRP.
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TronWeekly
2M
326
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SUI Faces Critical Test: Can Bulls Retake $4 This Week?
- SUI is currently trading at $3.88 with a market capitalization of $12.36 billion, facing challenges below the pivotal support of $3.85.
- TVL has increased by 70% to $2.06 billion, while the user count has risen by 35.24% to 190 million, improving the long-term prospects of SUI.
- Heavy liquidation concentrations around $3.90-$3.95 have led to increased sell-offs in the market.
- Analysts have varying perspectives on SUI's price movements, with some suggesting a bearish sentiment below $4 and others pointing out bullish indicators like higher highs, TVL growth, and user base expansion.
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TheNewsCrypto
2M
101
EOS Price Surges 9%, Eyeing the December Peak of $1.50
- EOS price surged by 9% in the past 24 hours, currently trading at $0.8408, above both 50-day and 200-day EMAs.
- MACD reading of 0.0490 indicates positive momentum building, though not as strong as the November-December rally.
- EOS price action reveals a bullish trend with a higher high structure, showing a 9% surge in the last 24 hours.
- Key resistance levels to monitor include $1.0314 and potential target near December highs of $1.50, with support levels at 50-day EMA and around $0.4420.
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TronWeekly
2M
358
Image Credit: TronWeekly
Pi Coin hits $1.70 before crashing over 50% in sudden market reversal
- Pi Coin surged to $1.70 on May 13 before crashing over 50% to $0.81 within two days due to heavy token unlocks flooding the market.
- Around 272.9 million tokens ($234.6M) will be unlocked over the next month, increasing selling pressure and challenging price recovery.
- Market cap dropped from $9B to $6B, pushing Pi Coin out of the top 20 cryptocurrencies, now ranked 29th globally.
- Pi Coin experiences intense market volatility as the price reversal sparks concerns about short-term stability and challenges for recovery due to heavy token unlocks.
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TronWeekly
2M
427
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Solana Price Targets $200 After Explosive Cup-Handle Breakout
- Solana's price reaches $170-$185 range, igniting debate between bulls and bears over potential breakout or pullback.
- A breakout above $200 could propel SOL to $220 and new all-time highs, with market sentiment split between optimism and caution.
- Solana's dApps generated $1.16 billion in Q1 2025, showcasing strong ecosystem fundamentals amidst market fluctuations.
- Analysts anticipate Solana's potential for further gains, with $200 identified as a key tipping point for bullish momentum.
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TheNewsCrypto
2M
400
Hyperliquid (HYPE) Eyes Key $30 Breakout After 170% Rally — What Traders Should Watch
- Hyperliquid (HYPE) is aiming for a breakout toward $30 after a 170% rally in under six weeks driven by renewed market interest and technical breakouts.
- Current resistance zones for HYPE are around $27.4–$28.75, with support levels at $23.8 and $21.60 if it breaks below.
- Momentum indicators RSI and MACD suggest rebound potential, with OBV showing strong hands holding amidst price consolidation.
- Options market data supports a potential breakout, with key levels to watch at $27.40, $28.75, and a target of $30.20 for HYPE.
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TheNewsCrypto
2M
170
Green Streak or Pause Ahead? Onyxcoin Eyes the $0.025 Mark After a 13% Surge
- Onyxcoin surged by 13% and is currently consolidating near $0.019 with a 497% increase in trading volume.
- The crypto market showed mixed sentiment causing assets to fluctuate between gains and losses, with Onyxcoin recording a gain of 13.27% in the last 24 hours.
- Onyxcoin is trading at $0.01911 with a market cap of $641 million and a daily trading volume of $189 million. The asset needs to break above the crucial resistance at $0.025 for a further breakout.
- Technical analysis suggests Onyxcoin's MACD line indicates bullish momentum, while CMF suggests moderate selling pressure. The BBP value is slightly positive, RSI showing bullish momentum, and the asset may be nearing overbought territory.
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Cryptopotato
2M
257
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These 5 Altseason Indicators Are All in Alignment, Is it Go Time For Altcoins?
- Trader 'cyclop' believes all indicators are aligning for altseason, with Bitcoin near all-time high, retail interest at all-time low, ETH/BTC ratio breaking downtrend, and altcoin index bouncing off low.
- Bitcoin is now viewed as a macro hedge, while altcoins like Ethereum and Solana are seen as technology platforms. Global liquidity and stablecoin supply increase signal potential for altcoin runs.
- Altseason indexes show positive signs, with CoinMarketCap's Altseason Index and CryptoRank's Altcoin Index indicating growing interest in altcoins. The ETH/BTC ratio has also improved.
- A daily golden cross in altcoin market capitalization has been confirmed, hinting at a potential altseason. Analysts are optimistic about altcoins, with Ethereum outperforming Bitcoin recently.
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Bitcoinist
2M
69
Image Credit: Bitcoinist
Binance’s Ethereum Reserves Drop By Nearly 300,000 ETH In A Month – Is A Massive Rally Coming?
- Ethereum's reserves on Binance have dropped by nearly 300,000 ETH in just one month, leading to discussions around a potential supply shock and scarcity narrative.
- Possible reasons for the decline in Binance's ETH reserves include investors transferring ETH to cold wallets, engaging in DeFi protocols, or institutional activities like OTC deals, private investments, or staking.
- Data suggests that ETH may be gearing up for a significant rally, with ETH whales not engaging in significant profit-taking and analysts predicting ambitious price targets like $12,000 later this year.
- Ethereum's recent Pectra upgrade is expected to strengthen the network's performance and security, while current price stands at $2,541, showing a 2.2% decrease over the past 24 hours.
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Ambcrypto
2M
4
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Solana faces major battle at $180 resistance: Can SOL rewrite history?
- Solana (SOL) has witnessed a return of capital inflows after a period of outflows, signaling renewed interest and potential price appreciation.
- Positive on-chain data and bullish signals suggest a bullish outlook for SOL, with the 30-day Realized Cap inflows growing by 4–5% and indicating recovery strength.
- SOL is currently testing the $180 supply zone, with the possibility of breaking out towards the $200 psychological level if capital inflows and buyer dominance continue to strengthen.
- The rally to $200 for SOL hinges on the strength of demand and whether buyers can sustain the current momentum, setting the stage for potential major price action in the near future.
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Coindoo
2M
165
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Ethereum Stablecoin Volume Hits Record $908B in April
- Ethereum's stablecoin volume hit a record $908 billion in April, with USDC leading with over $500 billion in transaction volume.
- Other key contributors included DAI and USDS, reflecting a growing diversity in the stablecoin market.
- The spike highlights Ethereum’s increasing role as a settlement layer for digital finance, with stablecoins becoming essential tools for liquidity, payments, and yield strategies.
- The trend over the past 12 months shows Ethereum's dominance in stablecoin activity, with USDC leading the way, positioning Ethereum as the hub for decentralized finance and institutional-grade digital assets.
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Newsbtc
2M
9
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Ethereum Breaks Above Key Realized Price Zones—What It Means for ETH
- Ethereum (ETH) experienced a slight price pullback in the past 24 hours, but remained over 30% higher than the previous week.
- Ethereum's rally into new price zones has pushed it above crucial realized price levels, prompting monitoring of realized price data by analysts like BlitzzTrading.
- Different wallet cohorts for ETH have varying average cost bases, with prices ranging from $1,222 for wallets over 100,000 ETH to $2,225 for balances between 100-1,000 ETH.
- Profit-taking behavior by Ethereum whales, holders of over 10,000 ETH, can impact market trends with potential implications for short-term price movements.
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Bitcoinist
2M
345
Image Credit: Bitcoinist
Ethereum Goes Heavy On Defense With Trillion-Dollar Security Initiative
- Ethereum's nonprofit arm launched the Trillion Dollar Security Initiative on May 14 to enhance security for wallets, smart contracts, and the network to protect trillions in digital assets.
- The initiative includes scanning for vulnerabilities, collaborating with builders to implement fixes, and educating users, firms, and regulators on Ethereum security.
- The expert team, led by Fredrik Svantes and Josh Stark, alongside outside experts, will guide audits and suggest security enhancements to bolster Ethereum's defenses.
- The market reacted positively to the news, with ETH's price rising over 40% following the Pectra update. Ethereum's focus on security is crucial as on-chain activity increases, aiming to maintain its dominance in the DeFi space and reassure investors.
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TronWeekly
2M
50
Image Credit: TronWeekly
Litecoin at a Crossroads: Breakout to $132 or Fall to $70?
- Litecoin is facing resistance at $100, with a potential move towards $132 if it breaks this level.
- A failure to surpass $100 could lead to a drop to $97.12, with further losses possibly bringing the price down to $70.
- A breakout above the $99.85 to $100.68 range could signal bullish momentum, aiming to test the $104.58 level.
- On the 4-hour chart, Litecoin is finding support at $97.12 and $95.63 levels, indicating potential short-term positive movement.
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