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Newsbtc

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XRP Sees Renewed Trader Activity as Market Absorbs Selling Pressure

  • XRP has shown significant gains in alignment with the broader cryptocurrency market, witnessing a 20% rise over the past week before a slight retreat to $2.54.
  • Trader interest in XRP is on the rise as indicated by activity in XRP derivatives on Binance, suggesting potential accumulation amidst growing speculative interest.
  • Open interest in XRP futures has rebounded from a low of $530 million to higher levels, signaling recovery in market confidence following a drop from its $1.5 billion peak.
  • The Taker Buy/Sell Ratio for XRP is at 0.91, implying selling pressure, but the steady price amidst this pressure indicates potential absorption by larger players, hinting at a bullish trend reversal or breakout.

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TronWeekly

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NEAR Price Prediction: 36% Rally Brings $3.50 Breakout Into Focus

  • NEAR is trading around $3.23 after a 30% gain over the past weeks.
  • Strong resistance is seen between $3.35 and $3.50, a key breakout zone.
  • Price is holding above key moving averages, supporting the bullish trend.
  • Bollinger Bands are widening, signaling increased volatility near resistance.

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TronWeekly

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Litecoin (LTC) Price Analysis: LTC Faces Resistance Near $105 After Impressive Rally

  • Litecoin (LTC) faces resistance near $105.32 after an impressive rally, struggling to break above it from February.
  • Price is holding near $102 support, with downside targets at $98.77 and $96.24.
  • Momentum is fading as LTC nears the upper Bollinger Band, indicating potential pause or pullback.
  • A break above $105.32 could target $110, while below $102 risks a deeper drop, with $96–$98 as the likely range.

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TronWeekly

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Dogecoin Futures Open Interest Soar 63.9% to $1.62B Even After Price Drop

  • Dogecoin futures Open Interest surged by 63.9% to $1.62 billion despite a recent price drop.
  • The increase in Open Interest suggests rising speculative interest and weakening momentum in the current trend.
  • The decoupling between price action and futures activity indicates active trading and potential future price movements.
  • Despite Dogecoin's price cooling down, Open Interest in futures contracts has risen significantly, showcasing strong speculation and engagement in the market.

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TronWeekly

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Support Holds Strong for XLM, Next Stop $0.351 if Bulls Push Through

  • Stellar (XLM) is trading at $0.3155, showing strong momentum and gaining 20% in the past week.
  • XLM faces resistance at $0.322; a breakout could lead to targets at $0.351 and $0.372, with key support at $0.289 and $0.298.
  • On the 4-hour chart, XLM is pushing against resistance at $0.322, aiming for targets at $0.351 and $0.372, supported by the 50 MA ($0.289) and 100 MA ($0.298).
  • If XLM breaks and holds above $0.322, the next key level is $0.351; while a drop below $0.289 support could trigger a retest of the 200 MA near $0.267.

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Coindoo

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SEC Delays Grayscale Solana ETF Decision Until October

  • The SEC has delayed the decision on the Grayscale Solana ETF until October, in line with the standard 19b-4 filing process.
  • This delay allows regulators to assess the ETF's compliance with securities laws, structural details, and broader market impacts.
  • The SEC's cautious approach towards crypto financial products, including SOL-based ETFs, is evident in the postponed decision.
  • The review is part of increased regulatory scrutiny to ensure digital asset products align with compliance standards before public trading approval.

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Coinpedia

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XRP Price Prediction: Bearish Phase is Over, Next Target $3

  • XRP price has increased by over 3% in the last 24 hours and is attempting to surpass the $2.60 level.
  • Analysts believe XRP is exhibiting strong indications of a bullish trend, with a bullish phase replacing the bearish divergence that prevailed earlier in the market.
  • On the daily chart, XRP has broken above a significant resistance level at around $2.46, confirming a breakout and initiating a new bullish trend.
  • Key resistance levels to monitor for possible price barriers are $2.60, $2.77, $2.95, $3.15, and $3.30, while the previous resistance at $2.45-$2.46 is now anticipated to act as support.

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TronWeekly

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Dogwifhat (WIF) Price Prediction: Bullish Breakout Above $1.30 Expected Soon

  • WIF price trades at $1.15 and signals strong bullish momentum ahead.
  • Key resistance at $1.30 and solid support at $0.90 define the breakout zone.
  • MACD and RSI suggest potential short-term consolidation before next major move.
  • Dogwifhat (WIF) is showing potential for a trend reversal with resistance at $1.30 and strong support at $0.90. Traders are monitoring for a breakout opportunity.

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Coindoo

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Coinbase to Launch wrapped versions ADA, DOGE, LTC, XRP on Base Network

  • Coinbase is set to launch wrapped versions of ADA, DOGE, LTC, and XRP on its Base Ethereum Layer-2 network.
  • These tokens will be backed 1:1 and locked through smart contracts, functioning as equivalents of their native assets on the Base network.
  • The bridged tokens will allow users to interact with popular cryptocurrencies like ADA and XRP within the Ethereum ecosystem for enhanced utility in DeFi protocols and dApps on Base.
  • Coinbase cautions users about unofficial versions and scams, with an official release date for these tokens expected to be announced soon.

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TronWeekly

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Toncoin Consolidates After Rally: Will It Break $3.54 or Drop Below $3.10?

  • Toncoin is consolidating at $3.29 after a May rally, with support at $3.21 and resistance at $3.38 and $3.54.
  • Technical indicators show RSI cooling at 47.64 and MACD indicating flattening momentum.
  • Key levels to watch are $3.54 for bullish interest and $3.10 for a potential bearish shift.
  • Toncoin remains above 100 and 200-period SMAs, suggesting a bullish signal, but short-term momentum has stalled.

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TronWeekly

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Animoca Brands Plots NYSE Move as Trump Alters Crypto Game

  • Animoca Brands plans to enter the U.S. stock market with a listing on the New York Stock Exchange, citing more favorable U.S. crypto regulations under Donald Trump's influence.
  • The company changed its U.S. listing plans due to positive regulatory changes in the U.S. regarding crypto, after facing stricter enforcement under the Biden administration.
  • Animoca Brands recorded increased revenue of $314 million, steady operations, and substantial digital asset holdings, solidifying its position in Web3, NFT, and blockchain gaming.
  • Trump's administration's supportive stance on crypto is encouraging firms like Animoca Brands to consider U.S. market entry, indicating a shift in market sentiment towards digital assets.

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TronWeekly

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Will Chainlink (LINK) Explode Past $17.80? Bullish Channel Signals More Upside

  • Chainlink (LINK) is currently trading at $16.67, showing a gain of over 1.5% in the last 24 hours with strong bullish momentum.
  • The price of LINK is following an ascending channel, indicating sustained buyer interest and a potential breakout above $17.80, targeting $20.00, $22.50, and $24.00.
  • Key support lies at $15.80, and dips within the channel may present buying opportunities.
  • Overall, Chainlink shows signs of bullish momentum supported by the interest in decentralized oracle solutions and positive market sentiment, with a focus on breaking above $17.80 for further upside potential.

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Coindoo

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Tether Will Flip Ethereum This Year, According to Samson Mow

  • Tether is rapidly growing and about to surpass Ethereum in market capitalization, currently standing at approximately $308.5 billion.
  • Industry veteran Samson Mow predicts that Tether will overtake Ethereum to become the second-largest cryptocurrency by market cap this year.
  • While Ethereum has seen a 44.41% gain over the past week, Tether's stability and liquidity make it essential for crypto trading and DeFi transactions.
  • The intense discussion revolves around Tether's rise and its crucial role in market liquidity, with a potential shift in the crypto hierarchy looming if Tether's growth continues and Ethereum faces challenges.

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Bitcoinist

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XRP Price Set To Continue Uptrend As Stochastic RSI Moves Out Of Oversold Zone

  • XRP price is expected to continue its uptrend as the Stochastic RSI indicator moves out of oversold territory.
  • Technical analysis suggests that XRP is showing signs of bullish strength, with key indicators aligning for a potential major rally.
  • Analysts project that XRP could reach a new all-time high, with price targets exceeding $3.8 and potentially going as high as $5.5.
  • Market sentiment is leaning positive for XRP, supported by the recent surge in Bitcoin price and optimism around the altcoin market.

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Newsbtc

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Avalanche Rumbles 21% Amid Record-Breaking Address Activity

  • Avalanche's native token, AVAX, has surged 21% recently due to a significant increase in on-chain activity.
  • On May 11, 2025, the network recorded 10.8 million daily transactions, the highest to date, and saw 950,000 active addresses, the most since June 2023.
  • AVAX broke above $24.55 resistance, rallying around 110% over the past 14 days, in line with a broader market uptrend driven by factors like Bitcoin's rise and improved trade relations.
  • Avalanche is gearing up for its Summit in London with strong momentum, indicating potential for further growth through new partnerships or protocol upgrades that could boost both network usage and AVAX price.

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