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Altcoins News
TronWeekly
3w
394
Image Credit: TronWeekly
SUI Loses Neckline Support: Analysts Warn of Further Downside
- SUI token forms a head and shoulders pattern, hinting at further price drops as it breaks neckline support.
- Token is trading below 9-day EMA and 50-day SMA with large trade volume supporting the bearish pattern.
- The head and shoulders pattern signifies a decline in price with the recent breakdown visible on the daily chart.
- The 'left shoulder' formed in April, 'head' peaked in May, and 'right shoulder' completed in June, leading to the break of neckline support line.
- SUI is experiencing lower highs and lows, indicating a depreciation in value and significant selling pressure.
- Current price of SUI is $2.63, down by almost 3% in the last 24 hours, trading below the 9-day EMA and 50-day SMA.
- Alpha Crypto Signal warns of continued weakness unless SUI reclaims the neckline zone, maintaining a bearish bias.
- Traders might consider selling during weak retests of the neckline area, expecting the downward momentum to persist.
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Coindoo
3w
407
Image Credit: Coindoo
Floki Price Prediction: A Look at Potential Future Growth
- Price predictions for Floki suggest a steady upward trajectory over the coming decades.
- Short-term outlook (2025-2027):
- - 2025: Price range $0.00053-$0.00076, average $0.00061.
- - 2026: Predicted growth to $0.00078-$0.0014.
- - 2027: Expected to exceed $0.001, ranging from $0.0016-$0.0034.
- Mid-term projections (2028-2030):
- - 2028: Price range $0.0035-$0.0063, average $0.0049.
- - 2029: Predicted to range from $0.0064-$0.0095.
- - 2030: Potential average price of $0.013.
- Long-term vision (2035-2050):
- - 2035: Projected average price $0.079, ranging between $0.062-$0.091.
- - 2040: Significant jump to an average of $0.38, potential maximum $0.56.
- - 2050: Predictions of an average price of $1.76, maximum $2.21.
- The predictions indicate a long-term bullish outlook for Floki, albeit speculative.
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Bitcoinist
3w
381
Image Credit: Bitcoinist
SUI Action: Weekly Pattern Suggests Price Is Coiling For A Bigger Move
- The SUI/USDT weekly chart shows price action tightening within a defined range, suggesting a potential shift in trend.
- SUI has formed a symmetrical triangle squeeze pattern, indicating a possible explosive move awaiting confirmation.
- Despite a recent dip below a trendline, there are indications that it might have been a bull trap, signaling a potential reversal.
- A strong snap back into the triangle could lead to an upside breakout with a target set at $3.50 or more.
- SUI's price action forms a falling wedge pattern, indicating a bullish reversal setup after a 37% drop from May highs.
- Key support lies between $2.70 and $3.00, with a breakout potentially driving the token towards $4.50 to $5.00.
- Technical analysis suggests strength in the $2.85 level with price stabilizing above moving averages and RSI trending upward.
- The MACD is approaching a bullish crossover, indicating the possibility of upward price movement if confirmed by increased volume.
- SUI has shown substantial gains over the past year, with DeFi aggregator volume surpassing $45 billion and bullish momentum building.
- The market structure indicates potential for a bounce as the price action prepares for an upward move, focusing on reclaiming the $2.90 resistance level.
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TronWeekly
3w
236
Image Credit: TronWeekly
Chainlink Comeback Possible? LINK Eyes Recovery Toward 0.0001576 BTC
- Chainlink's BTC ratio fell 25% from 0.0001576 BTC to 0.0001194 BTC in two months.
- LINK surged 5.39% in 24 hours to $11.91, raising the market cap to $8.11 billion.
- Analysts eye $12–$13 resistance; breakout may spark bullish momentum and reverse recent underperformance.
- Criticism emerged over Chainlink's underperformance against Bitcoin, with concerns raised about the decline in LINK's BTC ratio.
- Technical analyst CRYPTOWZRD suggests a potential rebound for LINKBTC, highlighting $12.50 as a crucial support level.
- CRYPTOWZRD warns of Bitcoin's weekend volatility impacting LINK's movements and identifies $16 and $19.50 as key resistance levels.
- Chainlink's recent surge puts it at $11.91 with a market cap of $8.11 billion, showing increased investor interest.
- LINK's healthy volume-to-market cap ratio and stable token economics suggest minimal short-term dilution risk.
- Analysts focus on $12-$13 as key resistance levels for Chainlink, potentially boosting long-term confidence.
- Discussion continues regarding Chainlink's role in providing decentralized oracle services for DeFi and enterprise applications.
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Livebitcoinnews
3w
324
Image Credit: Livebitcoinnews
Fartcoin Faces 11% Drop Testing 200 EMA Support
- Fartcoin's price falls by 9.14% to $0.8335, approaching the critical 200 EMA support level.
- MACD signals strong bearish momentum contributing to Fartcoin's recent price decline.
- Daily trading volume decreased by 31.81% to $162.64M, reflecting reduced market activity.
- Fartcoin's market cap drops to $833.49 million with a 9.18% decrease.
- Over the last 7 days, Fartcoin has declined by 27.75% with significant bearish pressure.
- Technical analysis indicates the importance of the 200-day Exponential Moving Average (EMA) support level.
- While indicators like MACD show a bearish outlook, the oversold RSI suggests a potential relief rally.
- Fartcoin faces a possible death cross scenario with the 50-day and 200-day EMAs converging negatively.
- Despite the downturn, whale activity continues, hinting at volatility play by large holders.
- Meme tokens like PEPE and SPX6900 are also experiencing declines amidst geopolitical shocks and whale outflows.
- Market sentiment on Fartcoin remains uncertain, with debates between buying opportunities and further losses.
- The next days will be crucial to observe how Fartcoin navigates the current volatile market conditions.
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TronWeekly
3w
83
Image Credit: TronWeekly
PEPE Shows Potential: Bullish Momentum Builds Toward $0.000016 Area
- PEPE is displaying a bullish flag pattern on the 8-hour chart, hinting at a possible trend reversal amidst recent market fluctuations.
- The coin is maintaining above a crucial support level, indicating the potential for buyers to drive an upward movement.
- Analysts are eyeing resistance levels between $0.00001050 and $0.00001600 based on historical reaction zones and Fibonacci extensions.
- PEPE is gaining momentum and rising against the broader market due to geopolitical tensions between Iran and Israel.
- Traders and investors are closely monitoring PEPE for a bullish reversal from recent market volatility.
- PEPE is trading at $0.000009673 with a 24-hour trading volume of $671.6M and a market cap of $4.06B.
- The price of PEPE has experienced fluctuations over the past 24 hours and week, setting up a potential trend reversal.
- An important technical pattern on PEPE's 8-hour chart suggests a continuation pattern, indicating a potential upward movement after consolidation.
- The support area on the chart is crucial, with a rebound from this level possibly signaling a resumption of the previous trend.
- Potential upside targets for PEPE include resistance levels at various price points along with Fibonacci extension levels and prior reaction zones.
- These targets provide guidance for the next potential rally phase based on technical analysis principles.
- PEPE is showing promise for reaching $0.000016 after setting up a bullish flag pattern.
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TronWeekly
3w
381
Image Credit: TronWeekly
Trump’s Iran Strike Triggers Bitcoin Crash Below $100K
- President Trump's announcement of a military operation in Iran led to Bitcoin dropping below $100K to $99,822, with over $636 million in crypto liquidations affecting 166,000 traders.
- Geopolitical tensions often fuel volatility in traditional assets and cryptocurrencies like Bitcoin and Ethereum.
- Solana dropped over 5% to $121, and Ethereum fell to $2,201 amid escalating war tensions.
- Trump's confirmation of successful airstrikes in Iran triggered fear-driven reactions among traders, causing sharp losses in Bitcoin, Ethereum, Solana, and XRP.
- The crypto market downturn commenced when Trump celebrated the airstrikes on Truth Social, aligning with U.S. military involvement suspicions in Israel's attacks on Iran.
- Crypto sensitivity to geopolitical tensions was evident as Ethereum dropped to $2,201, XRP fell 3.1% to $1.80, and Solana crashed over 5% to $121.
- Israel claimed to have killed Quds Force commander Saeed Izadi in an airstrike, adding to market uncertainties.
- CoinGlass recorded $676 million in liquidations within 24 hours, with heightened panic selling and long positions being wiped out.
- Safe-haven assets like gold and the U.S. dollar surged as investors sought stability during the market turmoil.
- Trump's remarks and Israel's actions exacerbated fears of an extended regional conflict, impacting sentiment about digital assets.
- The market volatility reflects concerns over potential further drops if tensions in the Middle East intensify.
- Traders are warned about potential price swings as geopolitical events continue to unfold.
- Such events showcase the interconnectedness between global politics and cryptocurrency market fluctuations.
- Investors are closely monitoring developments and reacting to news from political leaders and military actions.
- The situation underscores the importance of staying informed about geopolitical events for cryptocurrency trading decisions.
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TronWeekly
3w
195
Image Credit: TronWeekly
Worldcoin (WLD) Bears Hold Firm as $0.84 Demand Zone Faces Pressure
- Worldcoin (WLD) is trading at $0.84, continuing its downward trend with bearish momentum in the broader crypto market.
- On the 4-hour chart, WLD remains below key resistance levels, including the 9 EMA and major SMAs.
- Bulls are defending the $0.84 demand zone, but a failure here could lead to a drop towards $0.80.
- Recovery above $0.91 and $0.94 is crucial to change momentum, yet weak volume persists.
- WLD faces strong rejection at $0.94 resistance, struggling to breach key levels.
- Moving averages, like the 20, 50, 100, and 200 SMAs, emphasize the bearish structure on the 4-hour chart.
- The $0.84 demand zone is critical, with potential further downside if bulls fail to hold; $0.80 is the next support level.
- For a shift in momentum, bulls need to surpass the 9 EMA and key resistances at $0.91 and $0.94, but lack of catalysts and volume hinders upside potential.
- WLD struggles to break above resistance zones at $1.14, $1.02, and $0.94, facing rejection and downward pressure.
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Coindoo
3w
136
Image Credit: Coindoo
FED’s Tight Policy Threatens Altcoin Season Amidst Political Turmoil
- President Trump and FED Chairman Powell are in conflict over interest rate policy.
- Trump criticizes Powell for keeping rates high to combat inflation, contrary to Trump's goal of boosting economic recovery.
- The FED maintained the interest rate at 4.5% in the latest decision, the fifth consecutive unchanged decision since December 2024.
- Analysts warn of stagflation risk in the U.S. economy, limiting FED's policy options.
- High interest rates pose challenges for altcoins, hindering market growth and liquidity due to quantitative tightening.
- Altcoin bull markets historically thrive in low interest rate environments like in 2017 and 2021.
- FED's balance sheet reduction negatively impacts altcoins, with projected relief not expected until interest rates hit zero possibly in 2028.
- Individual investors are withdrawing from the market, creating hurdles for smaller altcoin projects dependent on retail engagement.
- Global uncertainties like conflicts in the Middle East, oil price hikes, and U.S. political tensions further reduce market confidence in altcoins.
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Bitcoinsensus
3w
257
Image Credit: Bitcoinsensus
Crypto Week Recap: Rate Cuts Nowhere, Uncertainty Everywhere
- Vietnam moves forward with a bill to regulate crypto assets as its own entity.
- Microstrategy makes the largest Bitcoin purchase in the last 30 days.
- Blockchain sleuth connects WhiteRock to Zkasino rug pull, raising money laundering concerns.
- OKX launches regulated crypto exchanges in Germany and Poland.
- The U.S. Senate passes the GENIUS Act for federal crypto licensing rules.
- Massive illegal crypto mining farm uncovered in Russia.
- Crypto market erases $135 billion off its capitalization due to Israel-Iran conflict.
- U.S. Federal Reserve maintains interest rates amidst economic uncertainty.
- Ohio bill exempts crypto purchases under $200 from capital gains taxes.
- France's financial regulator tightens rules on asset manager staffing and oversight.
- CSA begins consultation on ETF regulation after studying 933 funds worth $355 billion.
- Coinbase secures MiCA license to operate across all 27 EU member states.
- TikTok denies involvement in purchasing $TRUMP tokens.
- CoinMarketCap faces security breach with phishing pop-ups reported by users.
- President Trump criticizes Fed Chair Jerome Powell for not lowering rates.
- BloFin offers trading incentives including a MacBook, Apple Vision Pro, and Rolex.
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Coindoo
3w
188
Image Credit: Coindoo
Crypto Market Sees Significant Liquidations Amidst ETH and BTC Price Drops
- Bitcoin (BTC) is trading at $101,881.32, down 1.42% over 24 hours, while Ethereum (ETH) is at $2,301.69, reflecting a 4.48% decline during the same period.
- Other top cryptocurrencies like XRP, BNB, and Solana have also experienced price drops.
- In the past 24 hours, a significant number of traders (157,325) were liquidated, amounting to $562.10 million.
- Most liquidations were long positions, totaling $515.92 million, with short liquidations at $46.18 million.
- Recent liquidations amounted to $376.61 million in the last hour, $436.34 million in the last 4 hours, and $512.07 million in the last 12 hours.
- The largest single liquidation in the past day was on HTX, involving an ETH-USDT value of $9.15 million.
- Market conditions show high volatility and a deleveraging event, especially for traders with long positions.
- Investors are warned to be cautious due to the ongoing market reactions.
- The article discusses the impact of liquidations on the crypto market amidst ETH and BTC price declines.
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Livebitcoinnews
3w
303
Image Credit: Livebitcoinnews
XRP, Dogecoin, and Cardano ETFs Near 90% Approval Odds
- XRP, Dogecoin, and Cardano ETFs now have a 90% or higher likelihood of SEC approval according to analysts.
- October 18 is a significant date for potential SEC decisions on these cryptocurrencies' ETFs.
- XRP ETF approval odds have surged to 93%, per Polymarket forecasts.
- Analysts believe these cryptocurrencies may soon be listed as ETFs, joining other altcoins like Litecoin, Solana, Polkadot, and Avalanche.
- New developments have raised the likelihood of ETF approvals, with analysts considering positive movements by the U.S. SEC.
- Approval timings remain uncertain, possibly happening as late as late June or early July, with a potential realization in the fourth quarter of 2025.
- SEC acknowledging the 19b-4s for the ETF applications indicates serious consideration by regulators.
- Market predictions suggest a 93% chance of XRP-based ETFs approval by the end of 2025, showing increased confidence among market participants.
- Investors anticipate regulatory clarity, signaling a shift towards when these altcoin ETFs will be approved rather than if.
- Advent of XRP, Dogecoin, and Cardano ETFs could revolutionize digital asset investments and foster greater integration into the traditional financial system.
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18 Likes
Coindoo
3w
30
Image Credit: Coindoo
Solana Eyes Critical Support Zone at $131–$126 as Downtrend Deepens
- Solana is testing $136, with analysts monitoring the support zone between $131 and $126 for a potential rebound.
- The cryptocurrency remains in a downtrend, marked by lower highs and a lack of bullish momentum.
- Key support levels for Solana are identified at $131–$126 and $117.
- Two scenarios outlined: bullish rebound above $131–$126 or a breakdown below $126 leading to a decline towards $117.
- If SOL bounces from $131–$126, it could rally to $170 and $188, reigniting bullish momentum.
- Breaking below $126 may push Solana to $117 and signal a prolonged bearish trend.
- Solana's future trajectory depends on how it responds to the critical support zone at $131–$126.
- Investors are closely observing for a potential shift in market sentiment.
- Solana's price action will be crucial in determining its next major move.
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1 Like
Newsbtc
3w
259
Image Credit: Newsbtc
XRP Daily RSI Trendline Breaks Down – What It Means For Price
- XRP's daily candlestick chart indicates a potential major move following a breakdown in its daily RSI trendline signaling weakening momentum.
- The RSI breakdown implies a shift in short-term momentum dynamics for XRP, despite its price holding above key levels near $2.13.
- XRP's RSI had been forming a tightening wedge pattern, suggesting an upcoming volatility expansion and a potential push to lower supports before a reversal.
- Crypto analyst CasiTrades highlighted support levels to watch, including $2.01, $1.90, and $1.55, which could act as rebound levels amid the current test phase.
- These support zones are expected to hold until XRP breaks above $3, indicating a potential pivot if a V-shaped recovery occurs at these levels.
- However, a failure to hold above these levels could lead to a deeper low before a true reversal begins, with short-term risk currently skewed to the downside.
- XRP is currently trading at $2.11, showing a 2% decline over the past 24 hours.
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Coindoo
3w
26
Image Credit: Coindoo
List of Most Talked About Altcoins on Social Media
- Tron, Tether, Dogecoin, Bitcoin, Nexo, and Polkadot are among the most talked-about altcoins on social media.
- Tron's popularity is driven by its deflation narrative, staking, and potential NASDAQ IPO.
- Tether is a key player in crypto liquidity with high trading volumes and new exchange listings.
- Dogecoin's community strength and possible link to Elon Musk's platform drive its hype.
- Bitcoin maintains steady demand as digital gold amid institutional interest and macro-driven narratives.
- Nexo gains traction for its lending services, cashback programs, and regulatory compliance.
- Polkadot discussions focus on price volatility, market ranking, and community sentiment.
- The diverse narratives around Tron, Dogecoin, Nexo, and others shape trader and investor attention.
- Social sentiment can provide insights into potential price action in the altcoin market.
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