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TronWeekly
3w
249
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ADA Price Analysis: Triple Bottom Pattern Eyes Potential Towards $1.43
- Cardano (ADA) shows a bullish setup with a triple bottom and falling wedge pattern.
- Key support at $0.5318 indicates accumulation and increased buying interest.
- Potential price targets if ADA breaks out include $1.0057, $1.2114, and $1.4329 resistance areas.
- ADA's technical structure supports a bullish trend continuation with strong volume indicators.
- ADA is moving upward amidst the Iran and Israel conflict, showing positive trajectory.
- ADA's current price is $0.5318 with a market cap of $18.8B and 24-hour trading volume of $1.22B.
- The pattern formations suggest a potential breakout towards $1.4329.
- Multiple upside objectives activated if ADA verifies the dual-pattern formation.
- Key support zones indicate potential bullish reversal for ADA.
- The falling wedge pattern suggests possible upward movement.
- Breakout confirmation and strong volumes are crucial for price momentum shifts.
- ADA is at a critical crossroads poised for a trend reversal and uptrend.
- Potential targets for ADA include $1.0057, $1.2114, and $1.4329 levels.
- Triple bottom pattern and wedge formation signal bullish opportunities for ADA.
- Strong demand for ADA at key support levels indicates buying interest.
- Breakout confirmation could lead to notable price recovery for ADA.
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TheNewsCrypto
3w
380
Ripple’s XRP Struggles to Hold Ground: Can It Rebound or Is a Deeper Correction Coming?
- The price of XRP has dropped to the $2 range with an increased trading volume of over 66%.
- Bitcoin and Ethereum are trading downside, fear in the market with a Crypto market cap at $3.12 trillion.
- XRP faced a plunge in price of over 2.21%, hitting a high of $2.08 and dropping to around $1.91.
- XRP's current trading range is around $2.02 with increased daily trading volume resting at $5.11 billion.
- XRP price surged by over 13.53% in the last thirty days, hitting a high of $2.45.
- Technical analysis suggests a strong bearish momentum in XRP with MACD and CMF pointing towards potential downside correction.
- XRP's RSI at 40.87 indicates a neutral to slightly bearish zone, with BBP value signaling a slight bearish momentum.
- XRP might test support levels below $1.96 and crucial support at $1.90 if the bearish momentum continues.
- On the upside, XRP could climb to test resistance levels at $2.07 and $2.12, potentially leading to a golden cross.
- Highlighted crypto news includes Singapore mandating DTSP license for all overseas digital token services.
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Coinpedia
3w
223
Image Credit: Coinpedia
What’s Fueling Hyperliquid’s Price Rally Amid a Crypto Sell-Off? Is It Too Late to Buy?
- Hyperliquid's native token, HYPE, stands out with a 4.6% gain to $35.83 amidst a crypto market sell-off.
- Whale accumulation, evident through a new wallet depositing $17.5 million to buy 517,602 HYPE tokens at $33.8 average price, indicates strong belief in HYPE's potential.
- Hyperliquid shows resilience with a market cap of $11.8 billion, strong trading volumes, and technical indicators hinting at a possible rally if it breaks the $39 resistance level.
- Total value locked (TVL) in Hyperliquid surged to $1.8 billion, leading in gross profits and recording over $9 billion in open interest.
- USDC usage on Hyperliquid saw substantial growth of 8.3% this week, surpassing industry norms.
- Inovia and other entities are staking HYPE tokens, contributing to its bullish outlook.
- Analysts project a bullish outlook for HYPE in June and July, with potential price targets ranging from $42 to $200 in the next altseason.
- Short-term dips to $30-$35 could occur if market sentiment weakens, with $40 identified as a critical level for bull control.
- The outlook for HYPE in July remains positive, with potential climbs past $45 and minor pullbacks anticipated at key resistance zones.
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TronWeekly
3w
328
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Ethereum’s Bearish Trend: Can $2,200 Hold or Will ETH Fall Further?
- The bearish trend in Ethereum continues as it faces significant selling pressure below $2500.
- Market analysts highlight the importance of reclaiming the $2300+ zone to prevent further decline, with $2210 seen as a critical support level.
- If Ethereum fails to maintain levels above $2300, it risks a bearish retest and potential further downward movement toward the $1780-$1840 support zone.
- At present, ETH is trading at $2,185, marking an 8.42% drop in 24 hours and a 13.87% decrease over the past week.
- Analysts suggest that Ethereum's ability to hold above $2200 may lead to a rebound, with a long-term price target ranging from $8000 to $10,000.
- Despite potential for recovery, market sentiment remains pessimistic as Ethereum's bearish trend persists.
- The break below $2500 support is seen as a crucial turning point, signaling increased bearish pressure.
- Traders are closely watching Ethereum's price movements to gauge potential outcomes as it navigates key support and resistance levels.
- Analysts emphasize the importance of Ethereum staying above the $2200 region to sustain a favorable accumulation phase.
- The purchasing price range of $2200 to $1800 is considered optimal by some market experts.
- Overall, Ethereum's current performance is reliant on its ability to hold key support levels and reverse the prevailing bearish sentiment.
- TRON also attracts attention with a strong target around $0.290 in the near term.
- Ethereum's price direction in the short term will largely depend on its ability to reclaim crucial support levels amidst market volatility.
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Coindoo
3w
153
Image Credit: Coindoo
Pi Coin: Project Founder Explains the Price Drop
- Dr. Kokkalis explains the current low price of Pi Coin is due to the broader global crypto correction affecting all major coins.
- Pi is in the Enclosed Mainnet phase, indicating untapped potential on open markets.
- Despite the price dip, Pi Network experiences real utility-based growth.
- The project has a strong user base of over 50 million committed users.
- Continuous development of genuine applications within the Pi ecosystem.
- Dr. Kokkalis emphasizes the current phase is temporary, not a crash.
- Pi's real market value will be revealed post the Open Mainnet launch and listing on major exchanges.
- A call for resilience is made to Pi community members to focus on long-term potential.
- The article is from Coindoo and provides insights on Pi Coin’s current market situation.
- The piece offers perspective on the foundational work being done within the Pi ecosystem.
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TronWeekly
3w
105
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Bitcoin’s Medium-Term Outlook: 4 Scenarios That Could Shape Its Price Path
- Analyst Joao Wedson outlines four potential Bitcoin price scenarios based on the theory of Richard Wyckoff and price cycle analysis.
- One bullish scenario predicts Bitcoin could reach $140K to $146K, with altcoins gaining strength in July.
- Three bearish scenarios suggest potential price declines, including bull traps and liquidity hunts at lower levels.
- Bitcoin's trading volume surged by 155.57%, but there are risks of volatility and significant price drops.
- Wedson's scenarios suggest Bitcoin's cycles are relatively insensitive to short-term market events.
- Bearish scenarios may indicate a risk of sustained downward pressure on Bitcoin's price.
- BTC OI-weighted funding rate is at 0.0046%, showing some market reluctance.
- In the past 24 hours, BTC saw a total liquidation of $255.07 million, with long liquidations dominating.
- Investors are advised to monitor Bitcoin's price behavior as the market rates and liquidation rates evolve.
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TronWeekly
3w
61
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XRP Bullish Cycle: Critical Levels to Watch for a Strong Rally Above $2.65
- XRP remains in a bullish cycle with key support levels despite recent price swings.
- Holding above $1.75 is crucial, as dropping inside the Gaussian Channel may disrupt the current trend.
- Key resistance levels will determine future movement, with a potential rise to $9–$10 if momentum holds.
- XRP's bullish outlook remains strong, with analysts highlighting the coin's positive trajectory.
- XRP's price currently sits above the upper edge of the Gaussian Channel around $1.75.
- Future direction involves retesting highs above crucial resistance points for continued bullish sentiment.
- A close below the 21 EMA could signal bearish momentum, while staying above supports further upside potential.
- Critical resistance levels at $2.33 and $2.65 will be key for confirming bullish trends.
- Elliott Wave analysis suggests a target range of $9–$10 if current bullish momentum is sustained.
- Technical indicators point to a bullish movement for Ripple, with focus on resistance levels and EMA.
- Investors should monitor support and resistance levels to gauge Ripple's future price movements.
- Ripple's current trading price is at $1.98 with a 24-hour trading volume of $5.08 billion.
- Ripple's performance in the near future will be crucial in determining its value and potential rally.
- The article also mentions XRP price dropping below $2 amid rising Israel-Iran conflict concerns.
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Coindoo
3w
11
Image Credit: Coindoo
Upcoming Token Unlocks Poised to Influence Crypto Market Dynamics
- Token unlocks in the cryptocurrency market involve the release of previously restricted tokens into circulation from various project allocations.
- Investors and traders carefully track these unlock schedules as they can affect market dynamics by increasing selling pressure, potentially lowering prices.
- Several projects have upcoming token unlocks, including EIGEN, IOTA, VENOM, OP, SUI, MOCA, FET, TRIBL, DYDX, ENA, and 1INCH.
- Projected unlocks range from $157.70K (0.08% of circulating supply) for MOCA to $110.43 million (1.30%) for SUI.
- The percentages of tokens being unlocked relative to the current circulating supply are crucial for evaluating the potential impact on prices.
- Smaller token unlocks may have limited effects, while larger releases, especially for tokens with lower liquidity, could lead to more significant price swings.
- Given the market's sensitivity to macroeconomic and geopolitical factors, monitoring scheduled token unlocks is essential for informed trading strategies.
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TronWeekly
3w
96
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AVAX at $16.35: Will Key Support Hold or Trigger a $31.15 Surge?
- AVAX is currently testing a crucial support zone that could lead to a significant price reversal.
- If AVAX holds the support level, it may surge towards targets at $31.15, $38.70, and $47.94.
- A failure to sustain support could result in further price declines and increased downside risks for AVAX.
- Analysts highlight the importance of the current support level, indicating a possible bullish movement.
- The Relative Strength Index is neutral, providing insight into potential market sentiment changes.
- The Moving Average Convergence Divergence indicator suggests a slight bullish momentum.
- Investors are closely watching for a potential price reversal at this key support area.
- AVAX is currently trading at $16.32, with a 24-hour trading volume of $456.85 million.
- The coming days will be crucial to determine AVAX's price direction based on its ability to hold the support level.
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Cryptonews
3w
166
Altcoin ETFs Poised for Green Light as Wall Street Embraces Crypto Expansion
- Bloomberg analysts predict altcoin ETF approvals with 95% odds for Solana, XRP, and Litecoin, and 90% for Dogecoin and others.
- Increased confidence in altcoin ETF approvals follows positive engagement with crypto ETF issuers by the SEC.
- Only Bitcoin and Ethereum ETFs have been approved by the SEC, with massive adoption and over US$100 billion in assets.
- Altcoin ETFs would provide traditional investors with exposure to a wider range of digital assets without needing crypto wallets.
- Many tokens awaiting ETF approval have smaller market caps compared to Bitcoin and Ethereum.
- Over 20 ETF filings are pending, indicating a potential wave of new crypto investment products hitting the market.
- Analysts believe smaller-cap crypto assets are ready for broader financial adoption.
- Altcoin ETFs aim to make digital assets accessible to a wider range of mainstream investors.
- Analysts see Altcoin ETF approval as a matter of 'when, not if,' due to the SEC's proactive stance on crypto products.
- The engagement from the SEC has led to increased expectations of altcoin ETF approvals.
- Altcoin ETFs are expected to piggyback on the success of Bitcoin and Ethereum ETFs in the market.
- Approval of altcoin ETFs could pave the way for a broader range of crypto investment products.
- BlackRock's iShares Bitcoin Trust has surpassed US$70 billion in AUM, indicating significant adoption of Bitcoin ETFs.
- Solana, XRP, and Litecoin are leading the way for potential altcoin ETF approvals.
- Crypto investment products are poised for expansion, driven by increasing interest from traditional finance players.
- Analysts James Seyffart and Eric Balchunas see positive signs for the approval of altcoin ETFs.
- Altcoin ETFs could provide a more diversified investment opportunity for mainstream investors.
- Crypto ETFs have set a new record at $62.9 billion after continuous inflows for four weeks.
- Altcoin ETFs offer a way for investors to gain direct exposure to various digital assets through traditional finance channels.
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TronWeekly
3w
420
Image Credit: TronWeekly
SUI Price Dips 8.99%, Is a $5.35 Comeback Still Possible in 2025?
- SUI token of the Sui blockchain sees an 8.99% price drop, currently trading at $2.35 with a surge in trading volume of 129.19%.
- Market sentiment is split between strong fundamentals and short-term bearish trends.
- Price projections for SUI in 2025 range from $2.24 to a potential high of $5.35.
- Heightened activity in Layer 1 blockchain networks impacts volatility.
- Renowned analyst suggests SUI could rise to $4 with current strength and growing ecosystem.
- Accumulation patterns hint at increased exposure by institutional investors.
- Temporary price drops often attract strategic buying in crypto markets for long-term gains.
- DigitalCoinPrice projects SUI could reach $5.35 by 2025 with potential gains supported by adoption and expansion.
- Changelly offers a more conservative estimate, predicting a range between $1.92 and $2.55 for 2025.
- Current projections suggest SUI may average $2.17 in June 2025, with gradual upward movement likely.
- Analysts warn of further downside for SUI as it loses neckline support.
- Mixed predictions suggest potential for both significant growth and conservative price levels for SUI in the future.
- Momentum, demand, and ecosystem development crucial factors influencing SUI's future price movements.
- Heightened market activity and uncertain macroeconomic conditions contribute to SUI's recent price movements.
- Long-term investors eyeing SUI's fundamentals amidst short-term market fluctuations.
- The range of price forecasts for SUI's performance in 2025 demonstrates differing opinions on its future trajectory.
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Coinjournal
3w
148
Image Credit: Coinjournal
Story (IP) price jumps as whales buy 16 million tokens
- The price of Story (IP) token surged 15% to over $3, driven by Bitcoin's recovery and whale accumulation.
- Two major whales acquired 16 million IP tokens worth $47.52 million, indicating significant investor interest.
- Analysts suggest that Story (IP) could retest the $4-$5 supply wall based on current market trends.
- The surge in IP token price coincided with Bitcoin's rebound from recent lows amid geopolitical tensions.
- Market sentiment is positive with Bitcoin trading above $101k, supporting Story (IP) price increase.
- Whale addresses 0x9921 and 0x9057 accumulated 16 million IP tokens worth $47.52 million in recent transactions.
- Earlier whale activity in IP tokens indicated strategic purchasing during market dips, potentially leading to further gains.
- Story's focus on intellectual property asset management has fueled investor interest in the top 100 cryptocurrency, valued at $896 million.
- Forecast suggests IP price could target $4-$5 resistance levels, with potential support at $2.75 and $2.50 in case of a downturn.
- At the time of writing, Story (IP) price was around $3.09 with daily trading volume surpassing $46 million and open interest over $71 million.
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TronWeekly
3w
258
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NEAR Crypto Price Forecast 2025: Will It Ever Break $4 Again?
- NEAR Protocol's price drops to $1.89, marking a 15% weekly decline, facing significant bearish pressure.
- Trading volume surges over 90%, despite continued bearish sentiment.
- Analysts forecast possible short-term bounces but remain cautious about the long-term outlook.
- NEAR's 24-hour trading volume spikes by 90.16% to $235.57 million, indicating sell-side accumulation.
- Technical signals suggest continued downward movement, with key support at $1.98 and $1.80, resistance at $2.15 and $2.30.
- Short-term traders are cautious due to the prolonged downtrend, potential for quick price jumps but overall focus on falling prices.
- Long-term price predictions for NEAR Protocol in 2025 vary, with DigitalCoinPrice suggesting trading between $3.10 and $4.17 and Changelly estimating a maximum price of $2.33.
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Coindoo
3w
416
Image Credit: Coindoo
BNB Price Prediction Until 2035
- Telegaon's data projects significant growth for BNB until 2035, with price milestones predicted annually.
- By 2025, BNB is anticipated to range from $742.73 to $921.13, averagely at $875.24.
- 2026 may see BNB surpass $1,000, ranging between $926.15 to $1,028.56, averaging $974.31.
- In 2027, BNB could reach $1,338.57 at maximum, averaging $1,173.86.
- By 2028, BNB might hit mid-$1,000s, ranging from $1,346.34 to $1,871.81, averaging $1,604.57.
- Predictions for 2029 suggest a range of $1,875.35 to $2,558.75, with an average of $2,098.52.
- 2030 could see BNB trading between $2,569.18 and $3,175.23, averaging $2,879.75.
- Telegaon forecasts that by 2035, BNB's price may vary from $4,269.56 to $5,441.61, with an average of $4,608.29.
- The optimistic outlook is supported by BNB's utility in the Binance ecosystem, BNB Chain adoption, and deflationary tokenomics.
- Cryptocurrency price predictions are speculative and influenced by market trends, regulations, and ecosystem innovations.
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Coindoo
3w
214
Image Credit: Coindoo
Investor Leverage Plunges to “China Ban” Levels Amid Geopolitical Tensions
- Investor leverage has plunged to levels similar to the China mining ban amidst geopolitical tensions, with the fastest drop since that event.
- Geopolitical tensions, particularly between the U.S. and Iran, have led to a rapid decline in Effective Leverage Ratio (ELR), causing panic exits in the market.
- Key points include a sharp drop in Open Interest due to forced and voluntary closures, intensified liquidations amid recent volatility, and active risk reduction by traders.
- The speed of the current leverage decline is unprecedented, unfolding within 72 hours compared to weeks during previous deleveraging events, highlighting market sensitivity to geopolitical stress.
- A decrease in ELR is often viewed as short-term bearish, indicating anxiety and risk aversion, but CryptoQuant suggests potential long-term buying opportunities amidst extreme conditions.
- Traders are cautioned about the elevated risk of new leveraged positions, potential erratic price action, and the emergence of structural support after forced selling diminishes.
- Amidst elevated fear in the market, there is also potential for strong hands and strategic accumulation following the panic, advising caution and observation for signs of stabilization.
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