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Coindoo
1w
302
Image Credit: Coindoo
Pi Coin Price Prediction For the First Week of July
- Pi Coin experienced a 4.56% decline in the past 24 hours, signaling a negative outlook for the upcoming week.
- Post-Pi2Day announcements disappointment led to profit-taking and a reversal near the $0.54 resistance level.
- Technical breakdown with Pi Coin breaching key support levels and dropping below moving averages indicates continued weakness.
- Predictive data suggests a short bias for Pi Coin into mid-July, with potential returns exceeding 20% if the downtrend persists.
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TheNewsCrypto
1w
247
SPX6900 Crashes 12% as Bulls and Bears Battle for $1.70 – What’s Next?
- SPX6900 experienced a 12% decrease in price over the last 24 hours as bulls and bears vie for control.
- The cryptocurrency is facing a critical situation at the resistance level of $1.70, with a slight advantage for bears.
- SPX6900 is currently trading at $1.176, above its 50-day EMA and 200-day EMA, indicating a positive trend.
- Technical indicators like RSI and MACD suggest an equilibrium between buying and selling pressure, with potential for bullish movement if the resistance at $1.7345 is breached.
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TronWeekly
1w
379
Image Credit: TronWeekly
SEI Faces 3.45% Dip to $0.2875, But Bullish Momentum Could Trigger Surge
- SEI is currently trading at $0.2875, marking a 3.45% decrease over the past 24 hours and a 7.91% increase over the past week.
- Testing resistance levels and holding above mid-level in an ascending channel signals bullish momentum.
- Despite minor bearish pressure, SEI’s volume and open interest declines do not impact its overall upward trend.
- SEI is showing signs of consolidation and potential growth, with positive technical indications, a stable price movement, and strong support levels.
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TheNewsCrypto
1w
76
Could Solana (SOL) Break Through to $200 Before July Closes?
- Solana (SOL) is currently trading around $153, with its daily trading volume surging by over 76%.
- The broader cryptocurrency market is experiencing a bearish turn, with the market cap slipping by over 1.21% to $3.29 trillion. SOL has spiked modestly by over 0.93% in the last 24 hours.
- The number of Solana wallet addresses holding at least 0.1 SOL has reached a new all-time high of over 11.44 million, indicating increased user participation and long-term holding.
- The technical indicators suggest a short-term bullish crossover for SOL, with potential resistance at $153.50 and support at $153.20. SOL is in a neutral to mildly bullish zone with further upside possible.
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TronWeekly
1w
132
Image Credit: TronWeekly
Robinhood Supercharges Trading With New Arbitrum Layer-2 Blockchain
- Robinhood introduces a new blockchain network powered by Arbitrum for European customers to trade tokenized US stocks and ETFs 24/7 with zero commission fees.
- The blockchain network offers features like self-custody, cross-chain asset bridging, and fast, low-cost transactions for more than 200 U.S. equities and ETFs.
- European users will gain access to tokenized stocks, perpetual swaps, and crypto staking on Robinhood, enhancing its digital asset offerings.
- The move by Robinhood to offer tokenized assets to European investors aligns with a broader trend in the industry, aiming to provide lower settlement costs and enhanced liquidity.
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Coindoo
1w
72
Image Credit: Coindoo
Dogecoin Poised for Breakout After Months of Slump, Analysts Say
- Dogecoin is showing signals of a potential breakout after months of hovering around $0.16.
- Crypto analysts point to the reappearance of a historically bullish falling wedge pattern as a key indicator for the potential breakout.
- The latest wedge is larger than previous ones, suggesting a possibly explosive breakout that could push Dogecoin beyond $0.95.
- While no full bullish confirmation is established, subtle momentum shifts indicate a move towards the $0.20 range as a key level.
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Coindoo
1w
236
Image Credit: Coindoo
XRP Rally May Not Be Over, Says Trader Who Called 2024 Surge
- Trader Don Alt, who accurately predicted a 322% rally in XRP last November, suggests that a 'Round 2' rally might be in progress.
- XRP has seen significant fluctuations, dropping over 50% from its peak in January but now trading around $2.31, showing a 5% increase for the day.
- Traders are monitoring XRP closely, anticipating potential momentum from ETF approvals and technical advancements like EVM support on the XRP Ledger.
- Don Alt's interest in XRP has fueled speculation about a possible upcoming major price movement for the token.
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TronWeekly
1w
628
Image Credit: TronWeekly
Ripple IPO Buzz Reignites as XRP Holds Above $2
- Speculation surrounding a potential Ripple IPO intensifies as XRP holds above $2, with influencer Ansem reviving the narrative.
- Ansem's social media post triggers renewed interest in XRP, suggesting undervaluation and comparing Ripple's IPO potential to Circle's stock surge.
- Ripple's $79 billion in escrow holdings, its market dominance, and potential IPO have piqued investors' interest, despite the firm stating an IPO is not planned for 2025.
- While a Ripple IPO remains speculative, the market is buzzing with anticipation, fueled by Ansem's insights and the potential for XRP price movements tied to Ripple news.
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Coinpedia
1w
388
Image Credit: Coinpedia
Are Stablecoins A Threat To Pi Network?
- Stablecoins are gaining popularity in the crypto market due to their stable prices, asset backing, and regulatory support.
- Some experts from the Pi community believe that the rise of stablecoins could hinder Pi Network's goal of becoming a widely used global currency.
- Pi Network faces challenges in competing with stablecoins due to issues like volatility, limited listings, and regulatory hurdles.
- Despite challenges, Pi Network has unique advantages such as easy mobile mining, a strong community, and plans for ecosystem development that could help differentiate it from stablecoins.
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Newsbtc
1w
9
Image Credit: Newsbtc
Big Money Buys Ethereum as Retail FOMOs Into Bitcoin, What Happens Next?
- Bitcoin and Ethereum saw modest gains last week, with BTC rising 6.2% and ETH up by 9.6%, but momentum has paused at the start of the new week.
- Analysts are looking at blockchain data and macro signals for market cues as Bitcoin trades just above $107,000 and Ethereum remains flat.
- Retail investors are showing increased activity in Bitcoin based on onchain trends, potentially signaling FOMO into rallies.
- External factors like US policy changes could impact crypto markets, with potential effects on investor behavior and market sentiment.
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TheNewsCrypto
1w
64
Can Neo Pepe Meme Coin ($NEOP) Presale Gains Destroy Wall Street’s TRON & Solana Best Crypto Bets?
- TRON plans a U.S. stock market entry via a reverse merger with SRM Entertainment, boosting investor confidence.
- Solana shows steady progress with bullish indicators and advancements within its blockchain infrastructure.
- An emerging meme coin, Neo Pepe Coin, gains attention with its innovative presale structure and community-driven approach.
- Overall, TRON, Solana, and Neo Pepe Coin present unique opportunities in the evolving crypto market.
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Bitcoinist
1w
89
Image Credit: Bitcoinist
Crypto Inflows Hit $2.7B in One Week, What Are Institutions Buying?
- Crypto asset investment products attracted $2.7 billion in net inflows last week, marking the 11th straight week of inflows and bringing the year-to-date total to $16.9 billion.
- Institutions such as BlackRock, Fidelity, and Grayscale are among those driving the sustained interest in crypto products.
- The US led inflows at $2.65 billion, with Bitcoin maintaining dominance by attracting $2.2 billion of the total. Ethereum also saw significant inflows, accumulating $429 million last week.
- While Ethereum garnered growing institutional interest, Solana has lagged behind with only $91 million in inflows, reflecting a focus on more established networks over newer altcoins.
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TronWeekly
1w
218
Image Credit: TronWeekly
Backed Finance Launches 60 Tokenized Stocks on Kraken, Bybit, and Solana DeFi
- Backed Finance has launched xStocks, a platform with over 60 tokenized stocks and ETFs available for trading on Kraken, Bybit, and Solana DeFi.
- Major companies like Apple, Microsoft, and Tesla now offer tradable stocks on blockchain networks, allowing 24/7 trading and easy integration with decentralized and centralized exchanges.
- The tokens are backed by real shares, comply with EU regulations, offer near-instant settlement, and support for dividend payouts is being evaluated.
- The integration of xStocks with platforms like Kraken, Bybit, Solana DeFi, and Phantom wallet showcases the growing trend of tokenizing real-world assets in the crypto space, expanding user access and market reach.
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TronWeekly
1w
8
Image Credit: TronWeekly
XLM Price Prediction: Breakout Imminent as Bulls Eye $0.485 Resistance
- Stellar Lumens (XLM) is displaying a descending triangle pattern, indicating a potential bullish breakout if resistance at $0.485 is breached.
- Key resistance levels for XLM are identified at $0.313, $0.376, and $0.485, with a breakout above the 50-day moving average seen as a bullish signal.
- The coin is holding above critical support levels, suggesting ongoing buyer interest and a likely trend reversal on the horizon.
- XLM's price surge aligns with the market's shift towards a bullish sentiment, and analysts predict significant upside potential if the breakout momentum continues.
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TronWeekly
1w
277
Image Credit: TronWeekly
Chainlink Surges on Mastercard Partnership as 3.86 Million LINK Exit Exchanges
- Chainlink surged 12% in a week following a major partnership with Mastercard to integrate crypto access.
- 3.86 million LINK tokens, worth over $51 million, exited exchanges since June 20, signaling accumulation and long-term buying.
- LINK maintains strong support above $13 amid increasing open interest and derivatives volume, reflecting growing market confidence.
- The Mastercard collaboration is viewed as a significant move in bridging traditional finance and decentralized finance, with analysts eyeing a potential surge towards $30 for LINK.
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