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Altcoins News
Bitcoinist
2w
325
Image Credit: Bitcoinist
Ethereum Builds Strength Against Bitcoin: Breakout Prediction Above 0.02 BTC
- Ethereum has shown signs of strength against Bitcoin since April, with inflows into spot Ethereum ETFs in the US driving its performance.
- Analyst Michaël van de Poppe predicts a breakout for Ethereum against Bitcoin if it surpasses the crucial 0.02325 level on the ETH/BTC pair.
- The ETH/BTC pair has been forming higher lows, indicating potential for a breakout, with Ethereum trading at $2,440 and aiming to retest $2,500.
- Although Ethereum's momentum is currently in favor, the breakout is not confirmed until it breaches the critical 0.02325 level, which could lead to a new phase of ETH outperformance in the market.
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TronWeekly
2w
188
Image Credit: TronWeekly
Algorand (ALGO) Price Surges 15% This Week, Key Levels to Watch for 2025
- Algorand (ALGO) is currently trading at $0.1800 with a 15.23% rise in the past week.
- Analysts foresee potential breakout targets up to $0.40, supported by positive market sentiment and increasing investor interest.
- 2025 price forecasts for Algorand indicate a strong recovery with potential Return on Investment (ROI) exceeding 50%.
- Market experts highlight a descending triangle pattern on ALGO's daily chart, suggesting the possibility of a significant price movement in the near future.
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TronWeekly
2w
34
Image Credit: TronWeekly
Solana (SOL) Eyes $327 as Analyst Predicts Major Breakout
- Solana (SOL) is showing signs of a major rally after consolidating for over 546 days between $105 and $138.
- Analyst predicts potential breakout for SOL with price targets at $248, $289, and $327, as bullish momentum continues.
- Optimism surrounds SOL's upward potential as it eyes $327, driven by staking opportunities on the Solana network.
- Reaching above $250 would mark a significant breakthrough for SOL, with further targets set at $289 and $327, and a long-term possibility of $500.
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Coindoo
2w
318
Image Credit: Coindoo
This Altcoin Sparks Controversy After Minting Billions of Tokens Ahead of Binance Exit
- LeverFi, a cryptocurrency, sparked controversy by minting billions of tokens before exiting Binance.
- Freshly minted tokens were moved to Bybit, a major crypto exchange, without official explanation.
- The token supply increase raised concerns following Binance's delisting of LEVER, prompting speculation in the crypto community.
- The token mint seems connected to LeverFi's staking incentive program, leading to questions and a price collapse for the token.
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Livebitcoinnews
2w
12
Image Credit: Livebitcoinnews
Solana Staking ETF Set to Launch “Any Minute Now” as SEC Clears Path for REX Shares
- REX Shares is set to launch the first-ever US Solana staking ETF ($SSK) in the US.
- The ETF will generate yield for investors through on-chain staking, potentially marking a significant milestone for Solana and the crypto industry.
- The SEC has cleared the path for the ETF launch, with regulatory issues seemingly resolved, indicating imminent approval.
- This innovative staking ETF by REX Shares could revolutionize how digital assets are offered to investors and could set a new standard for yield-generating crypto funds under U.S. law.
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TronWeekly
2w
240
Image Credit: TronWeekly
Dogwifhat Eyes $2.69 Target Amid Bullish Price Momentum
- Dogwifhat (WIF) trades at $0.8369 with a 26.83% weekly gain, showing strong short-term momentum.
- Analysts observe a bull flag formation on the daily chart, indicating a potential breakout continuation.
- Price targets for Dogwifhat (WIF) are set at $1.630, $2.110, and $2.690 based on pattern projection analysis.
- While market optimism and rising volume may boost further gains, caution is advised due to elevated risks in the high-volatility crypto market.
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TronWeekly
2w
137
Image Credit: TronWeekly
XRP Eyes Breakout as Bullish Pennant Forms With $5 Target in Sight
- Analysts see a bullish pennant forming in a large supply region for XRP, with a target price of $5.
- XRP is potentially entering its fifth wave, with targets set between $2.26 and $2.32 according to the Elliot Wave Theory.
- There is confidence in XRP's bullish trend due to technical signals and regulatory clarity, with a potential breakout expected if the coin stays above $2.14.
- The sentiments around XRP have turned positive, and analysts are closely monitoring if the $2.14 support level holds steady for a possible breakout towards the $5 target.
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TheNewsCrypto
2w
304
FARTCOIN Rockets Off 200-Day EMA Support in Epic Comeback
- Fartcoin (FARTCOIN) has surged by 13% in the last 24 hours and bounced back from the 200-day EMA support level, indicating a strong bullish momentum.
- The memecoin is currently trading at $1.1696 and has established solid support at the 200-day EMA at $0.8437, with technical indicators suggesting a continuation of the upward trend.
- Technical indicators like MACD and RSI are pointing towards increased buying pressure and healthy momentum, supporting the bullish case for Fartcoin.
- On the resistance side, Fartcoin faces obstacles at $1.4000 and $1.6597, while main and secondary support levels are at $0.8437 and $0.5449 respectively.
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TheNewsCrypto
2w
154
Pudgy Penguins (PENGU) Jumps 9% as Buyers Push for Higher Targets
- Pudgy Penguins (PENGU) price has surged by 9% in the last 24 hours, indicating a bullish trend.
- Technical indicators for PENGU have turned green, supporting the bullish momentum.
- The appearance of a golden cross pattern on the four-hour timeframe suggests a bullish reversal, signaling potential for increasing prices.
- With strong support levels at 0.01300 and 0.01200, and resistance at 0.01400 and 0.01507, Pudgy Penguins has a good chance of further price increases.
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TronWeekly
2w
274
Image Credit: TronWeekly
Ethereum (ETH) Poised for a Massive Rally After 4 Years of Consolidation: Analyst
- An analyst suggests Ethereum may be on the cusp of a significant rally after four years of quiet accumulation.
- Ethereum trading above $2,400 could indicate the beginning of a major bullish cycle.
- Merlijn's analysis points to a potential massive breakout in Ethereum's next move.
- Traders are anticipating a strong upward rally in Ethereum as signs of the end of a consolidation period emerge.
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Coindoo
2w
60
Image Credit: Coindoo
Why Crypto Investors Didn’t Panic During the U.S.–Iran Escalation
- After U.S. airstrikes on Iranian nuclear sites and Iran's retaliation, global investors anticipated a market downturn, yet Bitcoin rallied towards its all-time high of $112,000.
- During past geopolitical crises, including the Russia-Ukraine conflict, cryptocurrencies initially dropped due to panic but rebounded as institutional players entered the market, trapping retail investors who sold prematurely.
- Bitcoin saw a sharp rise when social media was flooded with predictions of sub-$70K prices, suggesting emotional overreactions marked a potential bottom.
- Despite the chaos following the U.S.-Iran conflict, Bitcoin remained resilient, with market movement aligning with traditional indices, hinting that macroeconomic signals influence crypto more than geopolitical turmoil.
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TheNewsCrypto
2w
124
Virtuals Protocol (VIRTUAL) Rallies 10% as Bulls Eye Technical Breakout
- Virtuals Protocol (VIRTUAL) surged 10.15% to $1.59 with a market cap of $1.04B.
- RSI climbed to 44.95, signaling early recovery momentum.
- Trading volume reached $141.16 million within 24 hours, accounting for 3% of the fully diluted valuation.
- Technical analysis suggests key support near $1.55, with potential resistance at $1.77 and a breakout target of $2.00 for VIRTUAL.
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TronWeekly
2w
287
Image Credit: TronWeekly
Solana Forms Double Bottom Pattern, Targets $195 After Breakout
- Solana forms a double bottom pattern with $135 support and $155 resistance, signaling a potential bullish reversal.
- A breakout above $155 resistance may push Solana’s price toward $170–$195 based on technical projections.
- Current price movement shows consolidation, requiring confirmation to avoid the risk of false breakout signals.
- Rising trading volume and market interest could support bullish continuation if the breakout is confirmed.
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TronWeekly
2w
72
Image Credit: TronWeekly
XRP Price Analysis: Strong Technical Setup Targets $3 and Beyond
- XRP is trading at $2.19 with a weekly gain of 6.9% and strong upside momentum.
- A bullish technical pattern near key resistance at $2.25 suggests a potential breakout.
- MACD signals a bullish crossover, hinting at significant price potential.
- Analysts expect XRP to target $2.50 and $3.00, supported by growing bullish strength.
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Coindoo
2w
34
Image Credit: Coindoo
Crypto Becomes Core Investment Strategy for Millions in South Korea
- A study shows that crypto investment is becoming a core strategy for millions in South Korea, with investors in their 40s leading the trend.
- Investors are moving towards regular buying patterns and seeking institutional involvement and regulatory safeguards for increased protection.
- Bitcoin is the most held asset, but diversification into altcoins is common, while NFTs and STOs are mostly avoided.
- High youth unemployment and stagnant wage growth are driving younger Koreans towards crypto, with many using it to build savings or prepare for retirement despite concerns about volatility.
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