Crypto analyst Egrag Crypto predicted a macro channel breakout that could be imminent for the XRP. The analyst indicated that the altcoin could reach double digits if this breakout plays out as expected. XRP Price Eyes Rally To $55 With Potential Macro Channel Breakout In an X post, Egrag Crypto raised the possibility of a macro channel breakout for the XRP price and stated that the measured move points to a potential high of $55. He stated that he had his eyes on the $27 target, although he indicated that the altcoin will likely surpass this price level on this move as it looks to hit $55. Related Reading: Is The XRP Price Rally Over At $2.22? New Developments Suggest Major Pump Is Coming This ultra-bullish prediction came as the analyst revealed that the XRP price is currently in candle number 5. He remarked that if history is any guide, then market participants should be looking at a mega monthly candle. If XRP were to follow the same pattern, the analyst affirmed that the target of $17 is definitely in play. In another X post, Egrag Crypto again predicted that the XRP price could at least reach $27 in this market cycle. He stated that he is becoming increasingly convinced that XRP is mirroring the 2017 bull run, although the timing may be either delayed or accelerated. The analyst predicted that the altcoin would reach double digits by the end of Wave 3 this summer. Meanwhile, he believes Wave 4 will unfold over the next three years, followed by a bear market, and then the XRP price will reach triple digits in the next bull run. Egrag Crypto is confident that XRP could reach as high as $120 when that time comes. In the meantime, XRP is still battling to break above key resistance levels, which could pave the way for a new all-time high (ATH). A Bull Pennant Forming On Weekly Chart In an X post, crypto analyst XRPunkie drew attention to a bull pennant that was forming for the XRP price on the weekly chart. He stated that this bullish pattern is ready for a breakout once XRP completes the final pullback to between $1.80 and $2. The analyst added that the technical target of this bull pennant is between $13 and $14. XRPunkie warned that there will be more pullbacks along the way to $14, so he advised that investors look to secure profits. Related Reading: Analyst Sets XRP Price Target At $6.5, These Dates Are Key Crypto analyst Ali Martinez has indicated that the short-term target for the XRP price is between $2.70 and $2.90. In an X post, he stated that the altcoin looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target of these price levels. At the time of writing, the XRP price is trading at around $2.2, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pexels, chart from Tradingview.com
XRP fell below $2.30 this week, wiping out all the gains registered in last week’s short-lived rally. The cryptocurrency, which had risen 8% from $2.06 to $2.28 last week, has now lost 3.5% from Monday’s opening price and 7% from its weekly high of $2.36. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed Market Expert Forecasts Potential 30% Fall To $1.55 A cryptocurrency analyst, Block Bull, forecasts that XRP might drop much deeper in the near future. From the analyst’s April 29 X post, XRP could not break the resistance level at the top of a bull flag pattern on the daily charts. This technical failure may push the price to $1.55, which would be “annoying as hell”, according to Block Bull – a 30% fall from the high of the pattern – and 28.6% from current levels. Block Bull informed followers this possible price fall would be brief and could prove to be the perfect entry point for investors. The analyst intimated big money players tend to use such downturns in markets to accumulate holdings at bargain rates. Likely $XRP is going to fall 30% along with $XLM that Ive just posted. bottom of bull flag and fib level will be a great entry $1.55 (annoying as hell) bleeding the average guy and this is why the rich get richer cos theyre the only ones able to afford to HODL pic.twitter.com/pG3h30Swks — ????BLOCK BULL???? (@TheBlockBull) April 29, 2025 XRP Not Alone As Bitcoin And Ethereum Also Struggle The decline pressure on XRP is in line with weaker trends in major cryptocurrencies overall. Bitcoin is struggling to remain above the $95,000 threshold while Ethereum has fallen below $1,800. That this is a market-wide correction and not a specific XRP problem is indicated. Competing Analysis Provides More Optimistic Forecast Not everyone who watches the market sees the dismal outlook. Others noted that while declining 6% in two days from $2.28 to $2.14, XRP has been able to remain above important support levels on shorter timeframes. They said that if XRP can hold support at $2.14, the price may bounce back to $2.24 or higher in short order. More positive predictions even indicate that XRP could hit $5 in a month, a new all-time high for the cryptocurrency. Related Reading: Code Wars: Cardano Claims The Crown From Ethereum In Core Development Liquidation Data Shows Market Imbalance Meanwhile, latest trading statistics by Coinglass indicate a shocking disparity in market positions. Within 24 hours, nearly $14 million of long positions (bets on the price going up) were liquidated, while just $1.48 million worth of short positions were sold. This almost 1000% gap indicates the majority of traders were placing bets on price rises when the market started going into decline. The sudden sell-off of such a large number of long positions had a cascade effect, dropping prices even quicker. Open interest also declined by 4%, indicating traders were closing out as uncertainty mounts. As of the most recent trading figures, XRP stands at $2.20, down 1.14% since the beginning of the day. Investors now have conflicting messages regarding whether to anticipate further declines or perhaps a possible rebound in the coming days. Featured image from Unsplash, chart from TradingView
Cardano has surpassed Ethereum in central developer activity, a dramatic turn that disputes its long-held status as a “ghost chain.” The development has kindled fresh optimism among investors that Cardano’s price may soon experience significant increases. Related Reading: Only XRP? Expert Claims That’s All You Need To Succeed Developer Numbers Reflect Shocking Flip According to data platform Cryptometheus, Cardano now ranks first in blockchain development with 21,439 GitHub commits over the past 12 months. These commits span 550 core repositories, putting Cardano ahead of Ethereum’s 20,962 commits during the same period. The data indicates activity in 12 fundamental Cardano projects, with the wider ecosystem demonstrating activity in 36 projects. This wave of developments has driven activity in 4,276 GitHub repositories, offering tangible proof to counter accusations that Cardano is not being utilized in the real world. Ethereum Faces Increased Competition Ethereum’s ranking in second place is what some refer to as an “underwhelming year” for the network. The network lagging behind in terms of developer numbers comes as Cardano founder Charles Hoskinson speculates that Ethereum will collapse by 2040. Hoskinson cites several reasons for his prediction: old tech, layer 2 solution fragmentation, and declining developer participation. This criticism comes at a sensitive moment since Ethereum is also struggling with Internet Computer, which is currently ranking third in developer activity. The Ethereum Foundation has set out a new vision for scaling its layer 1 capabilities, which could reverse the trend of developer disengagement. Price Predictions Follow Development Success Cardano’s cryptocurrency, ADA, is currently trading at $0.69 and seems to be maintaining crucial support levels. This steadiness, coupled with the uptick in developer activity, has prompted analysts to forecast substantial price increases. Crypto analyst “Token Talk” proposes ADA might observe a 100% jump to $1.20-$1.30 within the existing market cycle. Looking further down the line, the analyst estimates a possible value of $10 by 2029. $ADA sideways around $0.70, but holding key support! ???? Analysts eye potential 100% recovery to $1.20-$1.30. Long-term bullish case for $10 by 2029! #Cardano #ADA #Crypto #Bullish pic.twitter.com/tUeVXJaRlM — Token Talk (@TokenTalk3x) April 29, 2025 Technical indicators are also supportive of shorter-term optimism. The golden cross pattern has traders looking for the $1 level, with around $20 million of ADA having just transferred off exchanges recently – widely regarded as a bullish sign. Related Reading: Bold Call: Bitcoin Could Soar To $210K This Year, Says Research Chief Strategic Partnerships Fuel Ecosystem Growth Cardano is making efforts to expand its ecosystem with strategic alliances, such as an upcoming integration with XRP for its Lace Wallet. As reported, the alliance is intended to establish mutual gains for both blockchain networks. The alliance will look to improve price performance for both tokens as well as increase the real-world uses of their respective ecosystems. The move is consistent with Cardano’s overall effort to drive up adoption and use on its platform. For Cardano enthusiasts, the convergence of top developer metrics, strategic collaborations, and upward price indicators portends that the project might be finally shaking off its “ghost chain” stigma. Featured image from Techbuild Africa, chart from TradingView
Renowned crypto influencer “DustyBC” has caused controversy after stating that owning only XRP might be sufficient for investors to “make it” financially. The bold assertion comes at a time when XRP trades below its all-time high, but still captures the attention of both fans and critics throughout the market. Related Reading: XRP Headed For $1,000 – CryptoGuard Exec Drops Bold Prediction Single-Asset Strategy Raises Eyebrows Based on reports, DustyBC’s comment implies that investors can achieve significant wealth by adopting an XRP-only investment strategy. The perception has gained traction with some supporters who feel that “one strong hand beats a hundred weak plays.” The sentiment is indicative of increased interest in focused investment strategies over diversified portfolio strategies. I seriously think only holding $XRP is enough to make it.. — DustyBC Crypto (@TheDustyBC) April 27, 2025 The token, which runs Ripple’s payments network, already has a valuation of several billion dollars. A few market commentators have made claims published that the XRP currency may see targets of as much as $10,000 per token. Those are wild claims, but they have driven some enthusiasm among certain investors. Market Size Claims Support Bull Case Backers cite the enormous payment market as the basis for their optimism. The international payments space is said to be valued at multi-trillion dollars, with some estimates placing the industry at the $300 trillion mark by the end of this decade. According to these figures, XRP supporters believe that taking just 1% of this market would have a dramatic effect on the token’s price. This has caused some analysts to caution that not holding at least 1,000 XRP tokens demonstrates bad financial sense. Ripple’s ongoing business expansion, partnerships and acquisitions have been listed as further causes for optimism. These actions continue to provide talking points for those still optimistic about XRP’s potential future. Critics Question Growth Potential Not all people are so keen on XRP as a vehicle to get rich. X user Shero reacted to DustyBC’s remarks by saying XRP’s possible growth is only seven to 10 times its current value – a gain that some critics don’t view as “life-changing.” There’s not big ROI atm.. max is 7-10x — Shero (@shero12269724) April 27, 2025 Related Reading: Justin Sun Bets Big On JUST Token – Here’s Why He Sees 100x Potential These more conservative voices highlight XRP’s current valuation of over $133 billion as a constraint on future growth. They propose that such a high market cap renders runaway price growth mathematical overreach, hurting investors with small positions who believe in revolutionary wealth. On Balance & Risks While some XRP advocates get their juices flowing, others within the crypto community are placing a high premium on risk mitigation. They claim that having several solid assets ensures greater security compared to focusing on one coin. Featured image from Gemini Imagen, chart from TradingView
A recent technical report indicates Dogecoin (DOGE) could be on the verge of a significant price increase in the next few months. The meme coin, which is now trading at $0.17, has recorded a 10% gain in the last week and continues to be up 11% over a 14-day period. Related Reading: XRP Headed For $1,000 – CryptoGuard Exec Drops Bold Prediction Bullish Divergence Indicates Possible Upswing Based on Crypto Bio’s analysis, two separate bullish divergence patterns have emerged on Dogecoin’s chart. The first was seen between June and August 2024, when prices fell to between $0.07 and $0.09 while the Relative Strength Index (RSI) made higher lows. It was followed by a large-scale rally that saw DOGE rise above $0.40 by December 2024. Another pattern with a similar scenario has been developed between the periods of March and April 2025. Although Dogecoin’s value printed lower lows near $0.1300, the RSI once more produced higher lows. Based on such technical features, certain experts anticipate that DOGE might find itself at $0.5 over the coming two or three months. The Math Behind ‘Dogecoin Millionaires’ There are discussions about new ‘Dogecoin millionaires’ that have excited investors. The figures, though, paint a more serious picture. Assuming a price of $0.5, a $10,000 investment would become around $27,530 – a gain of $17,530. $DOGE is waking up. The same signs, the same setup. Millionaires will be made in the next 2-3 months!????#DOGECOIN ???????? pic.twitter.com/mKQjjglJiO — Crypto Bio (@CryptoBio_) April 27, 2025 In order to actually become a millionaire if DOGE reaches $0.5, an investor would need to have around 2 million coins, currently valued at around $360,000. According to Crypto Bio, given all these figures and probabilities, “millionaires will be made in the next two to three months.” This reality check underscores the vast amount of money required to meet the ‘millionaire’ goal that is utilized to recruit prospective investors in the cryptocurrency. Technical Support From Parabolic Trendline Another analyst, “abermix,” notes that Dogecoin is presently riding a long-term parabolic trendline that started around $0.05 during 2022-2023. Although there were numerous tries to fall below this curve at different price levels ($0.06, $0.08, and $0.14), DOGE has repeatedly jumped back to hold ground above the line. $doge is conforming to this parabolic trendline at the moment idk if it’s valid but it looks like it xD can we expect a bounce soon?#Dogecoin pic.twitter.com/moQHd7WCpt — abermix (@abermixcrypto) April 27, 2025 Related Reading: Justin Sun Bets Big On JUST Token – Here’s Why He Sees 100x Potential The price is trading slightly below both short-term and long-term exponential moving averages (EMAs) currently. Experts believe that a breakout above $0.20 will validate a larger trend reversal and open the doors for further advances. Falling Wedge Formation Adds To Bullish Outlook According to April 25 reports, Dogecoin has extricated itself from a “falling wedge” formation that had placed it in a downtrend for many months. Previous levels of resistance were tested in February at $0.28 and April at $0.16. Market observers comment that although these technical indicators look encouraging, cryptocurrency prices are extremely volatile. The present price movement comes after several months of horizontal trading following DOGE’s peak at $0.19, and any investment choice should account for the volatility of the market. Featured image from Gemini Imagen, chart from TradingView
Crypto analyst Crypto Paradise has shattered hopes of an upward trend for the XRP price in the short term. This came following his prediction that the altcoin could witness a massive crash to a major support level. Analyst Predicts XRP Price Crash To $1.6 In a TradingView post, Crypto Paradise predicted that the XRP price could crash to the support level at $1.6. This came as he suggested that a huge bearish trap could be unfolding right now for XRP. This means that the altcoin will simply correct to shake out the bears and then witness a bullish reversal. Related Reading: XRP Price Follows Bitcoin To Critical Levels, Why $2.24 Is Important However, in the short term, the analyst warned that the XRP price is flashing serious warning signs. He highlighted the formation of a rising wedge pattern, which increases the probability of a bearish move. Crypto Paradise also noted that while analyzing the broader market structure, the recent upward trend looks to be a retracement within the larger bearish trend. As such, the probability of a decline being imminent is still very high. He claimed that if the XRP price bounces, grabs liquidity, and starts forming clear bearish patterns from the resistance area between $2.4 and $2.5, it could set up an excellent opportunity with a high risk-to-reward (RR) ratio for shorts. However, this bearish thesis will be invalidated if the price breaks out and closes a candle clearly above the resistance zone. If that happens, Crypto Paradise believes it would be much smarter to stay patient and wait for a more reliable XRP price action setup before considering new trades. The analyst also urged market participants to stay disciplined, patient, and smart. He added that it is best to stick to the plan and never rush decisions under emotional pressure. A Bullish Prediction For The Altcoin In an X post, crypto analyst Ali Martinez provided a bullish outlook for the XRP price. He stated that the altcoin looks to be breaking out of an inverse head and shoulders pattern, with a potential upside target between $2.70 and $2.90. A rally to this $2.90 target could pave the way for another rally to a new ATH for the altcoin. Related Reading: Here’s What Happens If The XRP Price Closes Out This Week Above $2.25 Crypto analyst Joe also asserted that the XRP price looks bullish. He noted that the inverse Head and Shoulders breakout has been confirmed, while a bullish wedge breakout is evident on the charts. Key resistance has also flipped to support, and a higher low has formed. In line with this, the analyst remarked that momentum is building for a strong move up. At the time of writing, the XRP price is trading at around $2.28, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Tron founder Justin Sun has set the crypto community abuzz with a very ambitious forecast that JUST (JST) token will grow a hundred-fold. Related Reading: XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says Justin Sun Asserts ‘Complete Fundamental Reversal’ For JST Based on Sun’s latest post on X, the JUST decentralized finance platform based on TRON has made dramatic changes. “JST has experienced a total fundamental flip,” Sun wrote. “I think it will be the next 100x token,” he said. His statement sparked an instant 30% price rise as investors flocked to purchase the token. The crypto entrepreneur pointed to JustLend’s growth from launch as a central reason for his positive perspective. JustLend has become a leading lending platform in DeFi and was involved in the creation of the USDD stablecoin. Sun compared JST to veteran DeFi tokens AAVE and MKR, positing that JST might replicate similar growth trends. He anticipates the platform to make huge profits in future years. “I’m sure that JST’s chart will be no less stunning than TRX’s – if you catch my drift,” he added. JST (JUST) has undergone a complete fundamental reversal. I believe it will become the next 100x token. First of all, JustLend, which was incubated by JST, has already grown into one of the largest lending platforms, generating tens of millions of dollars in net profit.… — H.E. Justin Sun ???? (@justinsuntron) April 27, 2025 Token Price Surges Following Announcement The market responded quickly to Sun’s comments. JUST price jumped within 24 hours of his prediction, reaching $0.04310 per token. This price movement coincides with broader positive trends in cryptocurrency markets, with Bitcoin and other alternative coins showing strength in recent trading. Sun has been active with other price predictions as well. He recently set a $5,000 target for Ethereum and forecasted that Tron (TRX) would reach new all-time highs. JST market cap currently at $391 million. Chart: TradingView.com Revenue Plans Look To 2026 For Substantial Growth Although Justin Sun did not give a precise time when the 100X increase is likely to occur, his remarks indicated 2026 as a primary period. Based on his remarks, more than $100 million is anticipated to be earned in profit by 2026 through the DeFi ecosystem. One key component of Sun’s strategy is to use this future revenue to buy and burn JST tokens. This deflationary mechanism would decrease the token supply, maybe causing prices to rise if demand stays constant or rises. Related Reading: XRP Headed For $1,000 – CryptoGuard Exec Drops Bold Prediction Trump Connection Mentioned Amid Bold Predictions Reports suggest Sun can attend a dinner party hosted by US President Donald Trump for large holders of TRUMP tokens. According to information at hand, Sun has amassed over 14 million TRUMP tokens, which qualifies him as a large holder. If Sun’s bold forecast comes true, JST would be trading at about $4 per token, a huge jump from current prices. Such huge price jumps are not common in cryptocurrency markets even though they are often forecasted. The 100X projection is one of the more aggressive predictions in recent cryptocurrency headlines, even for an industry with volatility and hype propensity. Traders are at least reacting positively in the near term, though long-term execution will hinge on whether JustLend and the greater JUST ecosystem can provide the growth Sun projects. Featured image from IQ.wiki, chart from TradingView
The XRP price is eyeing a surge of 20% as it looks to reach a major resistance zone at $2.50, providing a bullish outlook for the altcoin. This projection comes amid XRP’s pullback to retest the breakout zone, with a confirmation of this breakout likely to lead to new highs. XRP Price Eyes 20% Surge To $2.51 In a TradingView post, crypto analyst Liam indicated that the XRP price could soon rally to the key resistance level at $2.15803. The analyst highlighted $2.29387 and $2.40995 as the other key resistance levels for the altcoin. Meanwhile, he mentioned that $2.18880 and $2.08373 are the key support zones to keep an eye on. Related Reading: Crypto Analyst Says “XRP Is Dead” Sentiment Is A Lie, Reveals The Truth Liam also commented on the current XRP price action and what needs to happen for the altcoin to reach this $2.51 target. He noted that the altcoin recently broke above a key consolidation range but is now pulling back to retest the breakout zone. If the support between $2.18880 and $2.08373 holds, then the altcoin could initiate a strong bullish rally towards the resistance zones, with $2.51803 as the major target. The crypto analyst advised market participants to closely monitor price action around the retest zone. He claimed that a strong bullish rejection from support could offer a high-probability long opportunity toward the higher targets. The XRP price currently boasts a bullish outlook, with the broader crypto market witnessing a reversal from recent lows. XRP’s fundamentals also support a price. CME Group recently announced plans to launch XRP futures contracts in May, while ProShares Trust XRP ETF could launch soon, which would also provide institutional investors with exposure to the fourth-largest crypto by market cap. $2.24 Is Also A Major Resistance To Keep An Eye On Crypto analyst CasiTrades suggested that $2.24 is another major resistance level to keep an eye on for the XRP price. She noted that this level has been a key focus for weeks. XRP recently broke above this level as it surged to $2.27 but faced strong rejection, and is now looking to retest $2.24 as resistance. Related Reading: XRP Vs. Bitcoin: Ripple Drops Bombshell On Which One Is Better CasiTrades asserted that price remains vulnerable to deeper support until it can reclaim and close above $2.24. On the bullish side, the analyst claimed that this is a critical area that needs to be respected to keep bullish momentum intact. Crypto analyst Dark Defender assured that XRP will continue to climb to the top. His accompanying chart showed that the altcoin could reach as high as $8 in this market cycle. At the time of writing, the XRP price is trading at around $2.28, up over 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
Dogecoin’s price is entering a new bullish phase after months of decline. Technical analysis of the daily candlestick timeframe chart shows that the popular meme cryptocurrency is flashing a trend reversal, hinting at a significant shift from bearish to bullish momentum. Analyst Flags Daily Trend Reversal On Dogecoin Chart A prominent crypto analyst known as Trader Tardigrade has highlighted a confirmed trend reversal for Dogecoin. In a post on X (formerly Twitter) this week, he pointed out that DOGE’s daily chart has flipped from a downtrend to an uptrend. This claim is reinforced by a technical analysis of Dogecoin’s price action. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says Dogecoin’s price recently broke above a descending trendline that had defined its downtrend for several weeks. This breakout occurred on April 22, when Dogecoin closed above $0.165 on the daily candlestick timeframe. This breakout was the first step indicating the coin was escaping its bearish trajectory. Shortly after breaching the downward sloping resistance line, Dogecoin’s price pulled back between April 23 and April 24 to retest the same trendline, but this time from above. Importantly, the former resistance trendline held strong as a new support level during the retest. Following that successful test, Dogecoin resumed its upward climb, marking the continuation of the new uptrend. This pattern of breakout, retest, continuation is a classic technical confirmation of a trend reversal. The successful retest of this trendline gives more confidence that the bullish shift is real and not a false signal. Image From X: Trader Tardigrade Bullish Target: $0.25 By Early May With the daily trend now pointing upward, the focus is now on how far this new uptrend could carry Dogecoin. According to Trader Tardigrade’s analysis, Dogecoin could continue climbing in the coming days, potentially crossing the quarter-dollar mark very soon. As indicated on the chart he shared by Trader Tardigrade, the next Dogecoin price target is around $0.25 by the first week of May. If achieved, a rise to $0.25 would be a significant milestone, considering Dogecoin has been stuck in a downtrend for over 10 weeks. As such, a break to $0.25 would mark Dogecoin’s highest price since late February and a robust recovery from its recent lows around the $0.14 to $0.15 range. Such a move would also represent roughly a 51% gain from the breakout level of $0.165. However, $0.25 is only the target in the short term. In a separate analysis, Trader Tardigrade pointed to Dogecoin’s long-term chart, highlighting a round bottom formation. The accompanying chart shows that in previous cycles, Dogecoin’s price formed a rounded bottom before entering explosive upward trends. This repeated pattern, now visible again on the monthly timeframe, signals that Dogecoin may be on the verge of another significant breakout. The long-term price target in this case is $2.8. Image From X: Trader Tardigrade Related Reading: XRP Nearing Explosive Breakout—$10 Target In Sight, Expert Says At the time of writing, Dogecoin is trading at $0.18. Featured image from Unsplash, chart from TradingView
The XRP price is once again making headlines as technical indicators show a solid breakout after months of consolidation. With its recent break in tight price action, a crypto analyst believes that XRP could be preparing to surge above $8, marking a new ATH for the top altcoin. XRP Price Aims For $8 Target In Coming Months After months of constrained price action, the XRP price has finally broken out of a descending consolidation pattern—a bullish signal that the market has been eagerly awaiting. Following this breakout, XRP is now eyeing a potential rally toward the $8.08 mark. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Delving deeper into the technical chart analysis published by TradingView crypto analyst Master Ananda, XRP is now comfortably trading above crucial Moving Averages (MA), including the EMA9, EMA10, EMA20, EMA25, EMA50, and most importantly, the 200-day Simple Moving Average (SMA). The Exponential Moving Averages indicate a short to medium-term bullishness for XRP. At the same time, the 200-day SMA is the most critical and long-term bullish signal. Key Fibonacci Extension levels confirm the breakout from the descending consolidation pattern. In alignment with its projected rise to $8.08, XRP is expected to surge past three critical price targets: the 1.618 Fib at $4.5, the 2.618 Fib around $6.29 and finally, the 3.618 Fib, which corresponds with the $8.08 price level. Notably, a surge to $8.08 would represent more than double XRP’s current all-time high of $3.84, marking a 1,380% increase from its current market value. The analyst’s chart highlights a clear breakout trajectory, emphasizing a steady upward pace with the reversal point already confirmed. For its short-term price targets, Master Ananda has shared four key Fibonacci Extension levels: the 0.382 Fib at $2.29, the 0.5 Fib at $2.5, the 0.618 Fib at $2.71, and finally, the 0.786 Fib at $3.01. Notably, the analyst has also highlighted the $3.4 level as a “high” resistance level for XRP. Breaking above this price would be another huge bullish confirmation that XRP can move toward the $8.08 projected target. Analyst: Exercise Patience Ahead Of Surge Despite his bullish stance on XRP’s future price outlook, Master Ananda has advised investors and traders to remain patient and exercise caution. While XRP is showing clear signs of growth, it’s important to note that this projected surge will not happen overnight. The TradingView analyst has stated that XRP’s journey toward the price range between $6-$8 would span several months, not just weeks, as the market gradually stabilizes and bullish momentum continues to build. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says Although market volatility could still test XRP’s price action, the breakout from the SMA200 confirms that the cryptocurrency has entered a multi-month bullish phase. As a result, Master Ananda has asserted that XRP’s bullish growth in the long term is certain, with traders expected to take profits once its price reaches a peak. Featured image from Unsplash, chart from TradingView
Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the sharp recovery from $1,550 that kicked off on Tuesday. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says As it stands, the Ethereum price is at an important technical phase after retesting the $1,799 resistance level and pulling back into its final intraday support zone. A fresh push above $1,800 could open the door to $1,840 and beyond, whereas deeper retracements would test three important zones. Ethereum Turns Resistance Levels Into Support Ethereum’s recent rally has seen it break past three notable resistance levels that have rejected its price action for most of April. Interestingly, these resistance levels are located at $1,590, $1,654, and $1,703, as indicated by a technical analysis of Ethereum’s price action on the hourly candlestick timeframe chart on the TradingView platform. Following these breakouts, Ethereum continued to push upward with momentum until it encountered a tougher ceiling near the $1,800 mark. After briefly tapping into this zone, the price experienced a minor rejection, retracing back towards $1,730 before finding support and beginning another gradual climb. As it stands, the resistance at $1,800 is the next level to beat in the hopes of a close above $2,000 before the end of April. Nonetheless, even if Ethereum does not reach this level, a bullish sentiment will still be in place if it manages to hold above the broken resistances, which have now turned to support on the H1 timeframe. Ethereum Could Still Be Bullish Unless $1,654 Breaks Ethereum’s outlook remains bullish as long as the newly reclaimed levels at $1,590, $1,654, and $1,703 continue to act as reliable support zones. The first zone, positioned at $1,703, represents a short-term hourly support level. This area may attract early entries, but it is high-risk and prone to breaking easily. Beneath that lies the more structurally significant support at $1,654, which is also evident on the 4-hour chart. This level is a medium-risk zone, characterized by a cleaner and sound area of demand. It has a higher probability of initiating a bounce if tested, and its preservation is important in maintaining a short-term bullish bias for Ethereum. The strongest support level is at $1,590 and is somewhat low-risk for reentry. It has the most favorable risk-to-reward ratio, where smart money traders are likely to accumulate. Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days As long as Ethereum stays above $1,703, the current uptrend remains valid. The bullish bias remains intact unless there’s a confirmed break below $1,654. A drop below the $1,654 support would shift the short-term outlook to neutral or bearish. On the other hand, a successful close above $1,800 could cascade toward the next target around $1,840 or even higher. Featured image from Unsplash, chart from TradingView
Record-breaking turnout characterised Cardano’s latest governance vote, with almost all tokens on the network contributing to the decision-making process. Per numbers, Input Output Global (IOG) CTO Romain Pellerin presented, 99.5% of the 4.657 billion ADA in delegated stake was employed in casting votes through the Delegated Representatives system on the network. Related Reading: Ethereum To Hit $5k Before Its 10th Birthday, Justin Sun Says Vote Results Indicate High Support For Proposal The breakdown of voting showed decisive community sentiments. Among all votes cast, 76% or 3.57 billion ADA were for the suggested measure. Opposing it were 918 million votes, while 169 million were no-confidence votes. A minuscule percentage—only 0.5% of the stake delegated—chose not to cast their vote. This voting session is a milestone in what Cardano refers to as its “Voltaire governance era,” named after the French Enlightenment author and philosopher. #Cardano decentralized governance in action: 99.5% participation of ADA 4.657B delegated stake???? https://t.co/yCpHQ7zCKe — Romain Pellerin (@rom1_pellerin) April 25, 2025 How Cardano’s Liquid Democracy Model Works According to reports from network developers, Cardano has adopted a “liquid democracy” governance model that provides ADA holders with flexibility in their engagement. In this model, token holders can delegate their governance authority to Delegated Representatives (DReps) while retaining full control of their funds. The voting power of such representatives is proportionate to the amount of ADA they are assigned. ADA holders are not tied down to their decisions either—they can sell voting rights whenever they want, thus maintaining continuous control over who acts on their behalf. DReps vote on all kinds of network-wide proposals, ranging from technical hard forks to treasury fund allocation decisions. Recent Hard Fork Enabled Full Governance Features The governance functionality exhibited in this ballot came into full effect after the Plomin hard fork finished in January 2025. This network update enabled core functionality of Cardano’s governance system, such as treasury withdrawals, and made DReps’ role official in the ecosystem. BREAKING: Cardano has recorded a staggering 99.5% voter turnout in its latest governance vote. Making Cardano one of the most decentralized and actively engaged ecosystems in the world. pic.twitter.com/M1tUP2kN1v — TapTools (@TapTools) April 25, 2025 Related Reading: Ethereum ‘Heating Up’ – Address Activity Jumps Nearly 10% In 2 Days Following this technical upgrade, ADA holders had a number of participation choices. They were able to vote directly on proposals, delegate their voting power to a DRep of their choice, abstain entirely, or cast a formal vote of no confidence. One such design consideration highlighted by developers included the aspect of preserving unchanged staking rewards for ADA holders that did not engage in governance activities. This practice reflects pre-hard fork operations, enabling smooth transition to the new governance system. The large turnout for this initial significant vote indicates that the community has accepted Cardano’s governance model, which combines representative voting with freedom of action for individual token holders. At the time of writing, ADA was trading at $0.72, up 15% in the last seven days, data from Coingecko shows. Featured image from MoneyCheck, chart from TradingView
Crypto analyst XForce has commented on the recent XRP price pullback, claiming that this price correction is part of the plan as the altcoin eyes a historic breakout. The analyst predicts that XRP can reach double digits when this breakout happens. XRP Price Pullback Part Of Plan For Historic Breakout To $10 In an X post, XForce indicated that the recent XRP price correction is part of the plan for the historic breakout to $10. He stated that he has been calling for this exact pullback for months and remarked that the altcoin is inching closer to a historic breakout to $10. The analyst added that progress may be gradual, but it is undeniable. Related Reading: Crypto Analyst Reveals When The XRP Price Will Reach $25 – It’s Not Far Off In a video on his YouTube channel, XForce further explained why he is confident that the XRP price can still reach a new all-time high (ATH). He highlighted a WXY corrective structure, which began at the start of the year, noting that this was just part of a larger bullish structure. He remarked that this corrective structure occurred as the market looked to cool off from the rally recorded in the first phase of this bull cycle. The crypto analyst stated that the XRP price is still going to witness a Wave 3, 4, and 5 move on the macro chart. This Wave 3 impulsive move is expected to take the altcoin to the $10 target before it then pulls back on Wave 4. XForce believes that XRP could rally to as high as $40 on the Wave 5 before this bull cycle finally ends. Meanwhile, the analyst alluded to the XRP/USDT chart while indicating that the bottom is already in for the altcoin, with the WXY corrective structure in Wave 2 already done. This means that XRP is now ready for a rally to the upside, with the move to $10 likely to start anytime soon. XRP Is Closer To An “Extreme Bull Run” In an X post, crypto analyst Dark Defender stated that the XRP price is closer to an extreme bull run in a very short time than market participants can ever imagine. He told market participants to keep an eye on $2.222 and $2.40 as the major resistance levels, while $1.8815 is the major support level. Related Reading: XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce The crypto analyst suggested that the XRP price could still drop below $2 before it records this explosive move. He stated that the altcoin is expected to have three more waves in the smaller timeframes. As such, he advised market participants to keep an eye on the $1.8815 level again. At the time of writing, the XRP price is trading at around $2.18, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com
Ethereum’s price has recently mirrored broader trends in the cryptocurrency market, rising to above $1,800 before retracing as part of a wider market correction. At the time of writing, ETH is trading at $1,754, showing a 3.3% decrease in the past 24 hours, while the total crypto market cap slipped by 3.6% during the same period. Although short-term price movements reflect shifting momentum, on-chain metrics signal deeper changes that may have broader implications for Ethereum’s network health and investor sentiment. Related Reading: Ethereum Adds 12% In 24 Hours – On-Chain Metrics Point To Modest Resistance Ahead Ethereum Long-Term Holders Accumulate as Inflows Hit Multi-Year Highs Recent data from CryptoQuant reveals that long-term Ethereum holders are increasing their activity. These wallets, known for never selling their ETH, have seen one of their highest inflows in recent years. This coincides with rising network activity, including a notable uptick in active addresses and transactional volume. Together, these developments suggest that behind the surface-level volatility, there may be a quiet phase of accumulation and user engagement building within the Ethereum ecosystem. CryptoQuant contributor OnChainSchool reports a significant development among Ethereum’s long-term holding addresses. In the last 48 hours, over 640,000 ETH flowed into wallets that have maintained a strict accumulation pattern without any recorded selling behavior. This marks the largest inflow to such wallets since 2018, suggesting that entities with a long-term outlook are increasing their exposure during the current price range. The behavior of these accumulation-only wallets is often viewed as a proxy for investor conviction, particularly among participants who are not influenced by short-term volatility. According to OnChainSchool, this activity during a period of price drawdown may reflect strategic positioning ahead of potential future developments. It’s also notable that these inflows come at a time when Ethereum fundamentals such as its transition to proof-of-stake, L2 adoption, and evolving staking mechanisms continue to advance. If sustained, this trend could help establish a support zone around current price levels. Network Activity Rises as Active Addresses See Double-Digit Growth Complementing the rise in long-term holder activity is a surge in Ethereum network usage. Another CryptoQuant analyst, Carmelo Alemán, highlights that the number of active Ethereum addresses grew by nearly 10% between April 20 and April 22, jumping from around 306,000 to over 336,000. This metric counts unique wallet addresses that were involved in transactions as either senders or receivers over a given period. While active addresses alone do not capture the full picture, Alemán notes that the metric should be viewed alongside others such as exchange volume, gas fees, transaction count, and Layer 2 activity. Related Reading: 77K Ethereum Moved to Derivatives—Is Another Price Crash Looming? The rise in address activity, especially when paired with a simultaneous price increase, is often taken as a sign of broader user engagement and growing application-layer demand. Featured image created with DALL-E, Chart from TradingView
Ethereum (ETH), the second-largest cryptocurrency by market cap, is up 9.9% over the past week. Recent analyses suggest the digital asset may continue its bullish momentum in the near-term. Ethereum Flashes Golden Cross According to a recent X post by crypto analyst Titan of Crypto, Ethereum has formed a golden cross on the daily chart. A golden cross typically precedes significant price rallies, and the continuation of this bullish price action could push ETH beyond $2,000 soon. Related Reading: Ethereum Nears ‘Critical Zone’ Historically Linked To Market Bottoms – Is A Rebound Incoming? For the uninitiated, a golden cross is a technical indicator that flashes when the 50-day moving average (MA) crosses the 200-day moving average (MA). The indicator often suggests a shift from a downtrend to an uptrend in the underlying asset’s price. The following chart shows the golden cross, with the upward-sloping red line (50-day MA) overtaking the downward-sloping blue line (200-day MA). If this trend holds, it could set the stage for further gains, with the $2,000 mark acting as the next psychological resistance level. Other analysts also support Titan of Crypto’s bullish outlook for ETH. For example, fellow analyst JJcycles shared a weekly chart illustrating striking similarities between ETH’s current structure and that of Bitcoin (BTC) during past cycles. JJcycles noted that ETH may currently be trading near the bottom of the range – close to the support trendline – similar to BTC’s price action around $5,000 following the March 2020 COVID-19 crash. Potential ETH Targets? In another X post, crypto trading account Bitcoinsensus pointed out that Ethereum is forming a large bull flag pattern on the monthly chart. The account noted that ETH is currently near the lower boundary of the flag, with a potential breakout target of up to $8,000. Likewise, seasoned analyst TraderPA suggested ETH is in a reaccumulation phase and could be poised for a strong rally. According to TraderPA, ETH may surge to $6,000 before the year ends. On-chain metrics also support the case for a bullish reversal. Crypto analyst Ali Martinez recently noted that Ethereum’s Entity-Adjusted Dormancy Flow has dropped below one million – a level that often indicates the asset is undervalued. Related Reading: Ethereum Sentiment Dips Among Retail Investors, Yet A Breakout Looms Despite the positive indicators, concerns about further downside remain. Ethereum’s weak performance in recent months, coupled with repeated breakdowns through key support levels, raises the risk of a drop to $1,200. Nonetheless, ETH is projected to see significant price appreciation in Q2 2025, with some analysts forecasting a new all-time high by year’s end. At press time, ETH trades at $1,755, down 3.3% in the last 24 hours. Featured image from Unsplash, charts from X and Tradingview.com
Ethereum demonstrated evidence of new momentum this week as network activity and price action both reversed after a slow stretch. The second-largest cryptocurrency finally broke through a critical price barrier that had constrained its advance for over a week. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Active Addresses Up By Almost 10% As per statistics from CryptoQuant analyst Carmelo Alemán, Ethereum’s network experienced a notable increase in user activity between April 20 and April 22. Active addresses increased from approximately 306,000 to more than 336,000 within this three-day period, a rise of nearly 10 percent. The network is just “heating up”, according to Alemán. Ethereum is Heating Up! “Ethereum’s active addresses jumped from 306,211 to 336,366, representing a 9.85% increase in just 48 hours” – By @oro_crypto Read the full analysis ⤵️https://t.co/g55MiVnmOo pic.twitter.com/brIHtXx3Sx — CryptoQuant.com (@cryptoquant_com) April 23, 2025 This frenzy in activity at addresses is usually indicative of changes in the market mood and rising investor interest. Market analysts often consider such rises as possible early indicators of price movements, mostly when they coincide with price rise. Price Throttles Down To Major Resistance Keeping on with the struggle of breaking above $1,640 accomplished since April, the price of Ethereum finally surpassed this resistance area. Striking above $1,780, the coin has defeated the confinement left by an assertive green daily candle. For the first time in recent history, buyers appear to be taking center stage in the market. The price now reads as above both the 10-day and 20-day moving averages, indicating strength in the shorter-term. The relative strength index is just above its 50 line, exhibiting some bullish momentum without being close to the overbought zone. Technical Indicators Present Mixed Signals Some indicators show great momentum, although everything is not perfectly aligned. The moving average convergence/divergence starts synthetizing foreboding trend reversal early with slightly positive numbers. At the same time, the stochastic RSI approaches the upper limits of its range, which likely indicates short-term exhaustion unless more buyers come back soon. According to price forecasts, Ethereum will fall by 6.50% and hit $1,652 on May 24, 2025. Technical analysis indicates a bearish trend, while the Fear & Greed Index is at 64, which puts market sentiment in the “Greed” zone. In the last month, Ethereum had green days 40% of the time (12 out of 30 days) with price volatility at 9.26%, data from CoinCodex shows. Related Reading: Bitcoin Rockets To Monthly Highs As Open Interest Explodes By Over $3 Billion Network Usage Remains Low Despite Price Movement One of the confounding things about Ethereum’s current state is the divergence between price action and real-world network usage. Transaction fees are still abnormally low at about $0.31 on average, based on YCharts data. Low fees indicate that on-chain demand is still lacking despite the network being inexpensive to use. In spite of this conflicting sign, the combination of increasing active addresses and ETH holding position above prior resistance levels has enhanced the short-term picture. Should present momentum continue, market strategists will be keeping a close eye to determine whether Ethereum can make a charge in the direction of the psychologically significant $2,000 price level. Featured image from Fandom, chart from TradingView
Cardano (ADA) may experience explosive price appreciation in the near future, with some experts projecting more than 1,000% gains, based on recent market movements. The cryptocurrency, which is currently valued at $0.64, may be on the verge of a major breakthrough if current trends continue. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Technical Trends Indicate Hope For ADA After not following through above a symmetrical triangle on Monday, Cardano has now broken above this significant pattern. Initial reports predicted this breakout would trigger a 25% rise to $0.80 in the short term. The token has lagged behind lately, 50% off its 2023 high of $1.327 and 80% below its all-time high of $3.16. Crypto analyst Deezy on X called on ADA investors to stay calm in times of present price volatility. His projection is based on a possible 1,000% spike that would bring the price to a record $7.09. Cardano is on pace for 1000% gains Just be patient and HODL pic.twitter.com/aKp0L7fmNT — Deezy (@deezy_BTC) April 21, 2025 Historical Cycles Back Bullish Prediction Deezy’s forecast is based on Cardano’s past market cycles. From his analysis, ADA has previously reached its high on an uptrend line that has continued since its market introduction. This pattern was replicated in January 2018, when the token reached $1.31 again in August 2021 when it attained a record-breaking high of $3.1. If history were to repeat, one can see trendline resistance sitting at about $7.09, granting a 10-fold reward from current prices for Cardano. Multiple Analysts See Upward Path Meanwhile, market expert Crypto Patel said that Cardano is still alive and kicking and foresees a massive rally to $5. Patel says the setup for such growth is easy but warns that patience will be required. His technical insight depicts ADA trading within an ascending channel, and price action like what fueled its rally to the 2021 all-time high. Patel sets a key support at $0.45 and paints an accumulation period between $0.45 and $0.65 before potentially rallying to three targets at $2, $4, and $6. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions Near-Term Forecast More Conservative Long-term prospects are very favorable, yet shorter-term expectations point to modest growth, with current technicals supporting Cardano’s rise by 18% to $0.75 by May 22, 2025. As per the current evaluation, the market sentiment on ADA is considered neutral at 54 on the Fear & Greed Index. In the last 30 days, Cardano had 15 up days (50% of the time), with price volatility remaining at 7.20%. These contrasting projections highlight that such speculation is rampant in crypto markets as analysts are reading different signals from the same price charts. While some look forward to record growth, others see it giving them tiny rewards in the near term. Featured image from Unsplash, chart from TradingView
According to CoinShares’ latest weekly report, crypto investment products registered slight net inflows last week, with a total of $6 million entering the market. The figures reflect ongoing uncertainty among investors, with notable variations in sentiment both across regions and among individual crypto assets. Despite a relatively stable start to the week, broader macroeconomic data, particularly from the US, had a visible impact on fund flows. Related Reading: Ethereum Attempts Breakout From Multi-Month Downtrend, But Can ETH Hold $1,600? US Crypto Outflows Lead the Week, While European Sentiment Remains Positive CoinShares’ Head of Research, James Butterfill, noted that the release of “stronger-than-expected “US retail sales data mid-week coincided with a significant capital outflow. As a result, although there were early inflows, mid-week saw a pullback of $146 million, erasing much of the earlier gains. Regional trends were particularly mixed. The United States led the weekly outflows, with investment products domiciled in the country seeing a net withdrawal of $71 million. By contrast, European markets maintained a more positive outlook. Switzerland saw inflows of $43.7 million, Germany followed with $22.3 million, and Canada added $9.4 million, highlighting regional divergence in crypto investment behavior. Bitcoin remained the focal point of fund movement throughout the week. Intra-week flows signaled conflicting views among investors, ultimately concluding with minor outflows totaling $6 million. Short Bitcoin products also saw continued reductions, with $1.2 million in outflows last week. This marks the seventh consecutive week of outflows for short positions, bringing the cumulative withdrawal from these products to $36 million. According to CoinShares, this now accounts for approximately 40% of total assets under management (AUM) in short Bitcoin investment vehicles. Ethereum Sees Continued Pressure, While XRP Maintains Upward Trend Ethereum faced ongoing outflows, continuing an eight-week trend. The asset experienced a further $26.7 million in withdrawals last week, bringing total crypto outflows since the start of the recent streak to $772 million. Despite this consistent pressure, Ethereum still holds the second-highest position in year-to-date (YTD) fund flows, recording $215 million in net inflows so far in 2024. This indicates that while recent sentiment has cooled, longer-term interest remains comparatively strong. In contrast, XRP recorded notable weekly inflows of $37.7 million. This recent performance has elevated the token to third place in YTD fund flows, just behind Ethereum, with a total of $214 million in net inflows since the beginning of the year. Related Reading: XRP Price Prognosis: Analyst Sees $14 In Spite Of Current Troubles Thecrypto’s resilience in the face of broader market uncertainty has been reflected in recent fund behavior and continues to draw attention from investors allocating capital to diversified crypto asset portfolios. Featured image created with DALL-E, Chart from TradingView
Crypto analyst 589Bull has asserted that the “XRP is dead” narrative is a lie. The analyst went further to reveal the truth and explain why market participants should be bullish on the altcoin, despite the current price action. Why XRP Is Not Dead Despite Current Price Action In an X post, 589Bull stated that the idea that XRP is dead is a lie. Instead, he stated that the truth is that the altcoin is being embedded in the next financial system. The crypto analyst further remarked that Ripple is building the rails, digitizing liquidity using XRP, mapping corridors, and “bleeding retail” so that only institutions, bots, and insiders are positioned. Related Reading: XRP Vs. Bitcoin: Ripple Drops Bombshell On Which One Is Better In line with this, he advised retail investors not to chase hype, or beg for dates, or flinch as the trick isn’t timing when the switch flips for XRP. Instead, he believes the trick is surviving the lie long enough to cash out on the truth. Simply put, 589Bull is confident that the altcoin will still experience a massive surge and is therefore advising market participants to hold and not get shaken out. 589Bull also answered the question on why XRP has the most fundamentals in its history and is still down 30% from its 2025 high. He remarked that the answer is simple, as price isn’t the truth. Instead, he believes that the price is the trap, possibly to shake out the weak hands before the altcoins surge to new all-time highs (ATHs). The analyst claimed that “they” are not trying to reward early holders but rather shake them out. He further stated that while retail investors are watching red candles, they are launching futures, likely alluding to the Teucrium XRP ETF, which just launched. 589Bull added that the institutions are also listing international ISINs, onboarding banks to DLT corridors, and filing ETF applications in the background. The analyst asserted that this is a game of perception and that the louder the fear, the quieter the setup. The Clock Is Ticking For The Altcoin In an X post, crypto analyst CasiTrades stated that XRP’s setup hasn’t changed, but the clock is ticking. She explained that the altcoin remains in the same range, as there haven’t been any new highs or lows. Related Reading: Over $700 Million In XRP Moved In April, What Are Crypto Whales Up To? However, the analyst noted that the altcoin has attempted a breakout alongside the Bitcoin price but stalled at the 0.618 retracement level, which is a common level for exhaustion. She added that the rejection came fast, and now the momentum is pulling XRP back to support. Meanwhile, CasiTrades also asserted that nothing about the bigger picture has changed. She stated that the current price action reinforces her belief that XRP will need to sweep major support levels, such as $1.90 and $1.55, before it is ready to break out. The analyst added that this should not continue to drag on as momentum in crypto shifts very quickly. At the time of writing, the XRP price is trading at around $2.07, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Pixabay, chart from Tradingview.com
As uncertainty in the broader market looms over the crypto space, some market pundits remain remarkably upbeat—especially when it comes to XRP. A anonymous cryptocurrency analyst referred to as “Papa” sees XRP reaching a price of up to $14 despite the latest challenges besetting the digital money. The bold prediction comes amid XRP fighting to hold steady at the level of around $2 after experiencing four straight days of losses. Related Reading: Pi Network Frenzy Builds: $5 Prediction As Whales Take Out Millions Market Sends Uncertain Signals On XRP Future XRP last reached a two-week high of $2.24 on April 13 before pressure from selling took it down to $2.04 by Friday, April 18. This 4% decline was the first instance since late March when XRP had recorded four consecutive days of falling prices. As per current technical markers, sentiment remains neutral while the Fear & Greed Index hovers at 39, solidly in “Fear” territory. $XRP SCREAMING HIGHER ???? pic.twitter.com/DnRGTDs5x6 — PAPA♛ (@MamaGucci) April 19, 2025 In spite of these warning signs, Papa is convinced XRP is “screaming higher” according to chart patterns that reflect the cryptocurrency’s historic bull run of 2017-2018. History May Repeat With New Chart Patterns Reflecting on XRP’s most explosive growth phase, the analyst identifies a symmetrical triangle pattern that developed on a 44-day chart in the 2017-2018 bull market. Following an initial 7,800% rise from $0.0055 in March 2017 to $0.3988 in May of that year, XRP consolidated before breaking out to hit its then-all-time high of $3.31 in January 2018—a breathtaking 1,760% rise from its low of $0.177. Based on these figures, Papa observes similar trends emerging in the current market. In the present cycle, XRP rose 570% from November 2024 at $0.50 to an all-time high of $3.39 in January 2025. Since then, it has fallen 38% and spent three months consolidating. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Technical Indicators Hint At Double-Digit Prices The analyst’s price targets are derived from Fibonacci extension levels—technical indicators that traders use to forecast price action. During its 2017-2018 run, XRP hit multiple Fibonacci targets at the 1.272, 1.618, 2.618, and 4.618 levels. This type of projection isn’t wishful thinking—it’s driven by historical trends and a technical configuration that has taken shape in market cycles. Fibonacci extensions are considered a guide map by many experienced traders, particularly when an asset moves out of years-long zones of consolidation. In the case of XRP, the intersection of structural resistance, sentiment, and historical Fibonacci behavior provides a strong ground for a breakout, that if conditions are right. From current levels, the analyst sees a potential 575% climb for the altcoin, with the $14 target aligning with the 4.618 Fibonacci extension. He believes hitting that mark depends on XRP breaking above the upper trendline of its current parallel channel at $3, which would set the stage for a similar extension in this cycle. Whether Papa’s pattern-based forecast is accurate or not will hinge on XRP’s capacity to overcome the all-important $3 resistance ceiling within the next few weeks. Featured image from CoinFlip, chart from TradingView
Some cryptocurrency experts forecast Pi Network’s price to jump to $5 even as it currently trades at a mere $0.63. This bold forecast comes as whales took out about 41 million Pi Coins from exchanges within a 48-hour window. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Analysts Post Bullish Expectation On Social Media Cryptocurrency analyst PiMigrate recently tweeted on X that Pi Network’s path to a $5 valuation “has just begun.” The analyst referenced what they called strong support at the $0.60 level, and this base could possibly push the altcoin to the lofty $5 target. Another crypto expert, Moon Jeff, further backed the forecast with technical chart analysis. He, too, added in his update a bullish chart setup backing the aggressive target of $5. ???? $Pi to $5 journey just began. $PI has a very strong support at $0.6. $5 is a very possible valuation. Good utilities will push it up. #PiNetwork pic.twitter.com/qL7NjoHuvJ — Pi Network News (@PiMigrate) April 20, 2025 Whale Activity Stirs Attention As Coins Exit Exchanges A major report by a Pi community page revealed that big investors, commonly referred to as “whales” in crypto exchanges, transferred about 41 million Pi Coins worth around $27 million off exchanges in two days. Around 13 million coins were moved from OKX exchange to other wallets. As per market observers, this relocation of coins from exchanges usually reflects investor plans for holding instead of selling in the short term. Reducing exchange supply usually puts upward pressure on prices if demand is firm. Technical Structure Needs Confirmation Before Next Move Other analysts presented a more cautious perspective, explaining that Pi Network must re-establish a “symmetrical triangle” pattern on higher timeframe charts before further upward momentum. They recommended waiting for confirmation before opening long positions, cautioning that if prices move outside this triangle formation, it might present short-selling opportunities rather. ???? BREAKING: HTX TAGGED THE $PI LOGO IN ITS LATEST TWEET Does this mean that HTX will soon launch a $PI spot on CEX through KYB verification? ????#PiNetwork2025 ⚡ #PiCoin pic.twitter.com/h3kKc2tq7Y — The Times of PiNetwork (@PiNetwork24X7) April 18, 2025 Exchange Listings And Conference Might Improve Visibility Possible listings on leading cryptocurrency exchanges may push Pi’s price upward. Crypto exchange HTX has apparently stoked rumors with a mysterious social media post, and members of the community are keeping their fingers crossed for a listing on Binance, one of the world’s largest cryptocurrency exchanges. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says As of writing, Pi Coin was at $0.63, down 3% in 24 hours with a 36% decline in trading volume to $96.34 million. Despite current bearish sentiment indicators and a Fear & Greed Index reading of 39 (Fear), price prediction models suggest that Pi can reach $2.08 on May 21, 2025 – a potential 228% increase. Featured image from Money Check, chart from TradingView
In a surprising move within the crypto market, XRP has surpassed Ethereum (ETH) in a key valuation metric: Fully Diluted Market Capitalization (FDMC). While Ethereum has been in a downtrend this bull cycle, XRP’s performance over the last six months has been nothing short of impressive, leading to it quietly overtaking the world’s second-largest cryptocurrency by market capitalization. XRP Flips Ethereum In FDMC Edward Farina, a crypto analyst and outspoken XRP supporter, took to X (formerly Twitter) on April 18 to announce that XRP has officially overtaken Ethereum in terms of Fully Diluted Market Capitalization. The FDMC represents the total potential value of a cryptocurrency if all of its tokens were in circulation. Related Reading: Why XRP Could Beat Dogecoin, Solana In ETF Race And Trigger A Price Surge This metric is usually calculated by multiplying a cryptocurrency’s current price by its maximum token supply. This contrasts with the more commonly referenced market capitalization metric, which only factors in circulating supply. At the time of his post, Farina reported that XRP’s FDMC had reached $208.4 billion, surpassing Ethereum’s $192.5 billion by approximately $15.9 billion. This marks over six consecutive months of XRP outperforming Ethereum in terms of projected value, signaling a potential shift in altcoin dominance between the two leading cryptocurrencies. Despite XRP’s FDMC milestone, it’s worth noting that Ethereum’s current market capitalization remains significantly higher. As of writing, ETH’s market cap is estimated at $199.14 billion, compared to XRP’s $124.3 billion, reflecting a difference of around $74.84 billion. The key reason for this discrepancy between XRP’s market capitalization and FDMC lies in its unique token structure. A significant portion of XRP’s supply is held in escrow, meaning those tokens are not yet available in the open market. While they do not count toward the circulating supply, they are included in its Fully Diluted Market Capitalization. The implication behind this distinction remains clear: if all of XRP’s tokens in escrow were unlocked and circulated today, its market value could exceed that of Ethereum. As the altcoin steadily gains momentum in valuation metrics and investor interest, it could pose a significant challenge to Ethereum’s position as the number one altcoin and second-largest cryptocurrency. Bollinger Bands Signal Major Move In The Altcoin Price The XRP price could be gearing up for a significant move upward as technical chart indicators point toward rising volatility. A recent analysis of the 4-hour chart by crypto analyst Ali Martínez shows Bollinger Bands tightening — a classic signal that often precedes a breakout. Related Reading: XRP Price Approaching Next Major Liquidity Zone, Main Levels To Watch Out For Currently trading near the midline of the bands after a bounce from the lower support zone, XRP is now consolidating within a narrow range. The “squeeze” pattern reflects reduced volatility. While the target of the proposed price move remains uncertain, Martinez is confident that its next breakout is just around the corner. Featured image from Unsplash, chart from Tradingview.com
Crypto analyst Incognito has predicted that the Ethereum price could soon rally to as high as $2,700. This bullish prediction comes despite ETH’s underperformance so far, with the altcoin’s market share already dropping to new lows. Ethereum Price Could Rally To $2,700 As Wyckoff Accumulation Nears In a TradingView post, Incognito predicted that the Ethereum price could witness a big move to $2,700 with the Wyckoff accumulation almost over. He remarked that if support holds, the ETH should see a breakout of the falling wedge. The analyst’s accompanying chart showed that $2,499 is the target for the falling wedge, while $2,700 is the second target that Ethereum could reach on this breakout. Related Reading: Ethereum Price Threatened With Sharp Drop To $1,400, Here’s Why However, Incognito warned that this could be a huge trap to shake out sellers, so he advised market participants to be looking to take profits. In the meantime, the Ethereum price could indeed break out to the upside, especially with the Bitcoin price attempting to reclaim the $90,000 level. The Ethereum price is likely to reach new local highs if Bitcoin can sustain this bullish momentum, given their positive correlation. In an X post, crypto analyst Ali Martinez remarked that this week would be big for ETH as the TD Sequential just flashed a buy signal, hinting at a potential shift in momentum. Martinez also raised the possibility of the Ethereum price recording a new bull rally. For that to happen, he mentioned that ETH needs to break the supply wall at $2,330. The leading altcoin could face significant selling pressure at that range, as 12.62 million addresses bought 68.63 million ETH around that range. ETH May Have Already Bottomed In an X post, crypto analyst Titan of Crypto suggested that the Ethereum price has already bottomed or may be bottoming out. He revealed that the leading altcoin is progressing within a giant ascending channel on the macro chart. His accompanying chart showed that ETH could rally to as high as $4,200 following this bullish reversal. Related Reading: Ethereum Price Suffers 77% Crash Against Bitcoin, On-Chain Deep Dive Reveals Reasons Why Crypto analyst Hardy also echoed a similar sentiment, suggesting that the Ethereum price has already reached its bottom. He noted that ETH’s weekly candle close was bullish and a good indicator of a potential reversal at the key support level around its current price. His accompanying chart showed that Ethereum could rally to as high as $4,300 on this bullish reversal. Ethereum price reclaiming the $4,000 level could pave the way for a rally to a new all-time high (ATH). Crypto analyst Crypto Patel predicted that ETH could reach between $6,000 and $8,000 by the end of the year. At the time of writing, the Ethereum price is trading at around $1,639, up almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com
Crypto, stocks and bonds: Are they the same? When you dive into investing, you’ll find three frequently utilized investment options: Crypto is the risky thrill-seeker’s choice, stocks offer a middle ground with growth potential, and bonds are for those who prefer a steadier, more predictable path. While both stocks and crypto offer growth potential, regulation makes stock market investments more structured and predictable, and crypto aims for decentralization and remains less regulated.CryptoCryptocurrency is a digital currency built on blockchain technology, a decentralized, transparent and secure system that records all transactions. No entity, such as a bank, directly controls it. Crypto is known for massive swings — big gains (and losses) can happen fast, making it exciting for those who want to play the high-risk game. Although cryptocurrency has been available for a while, its adoption has surged in recent years, gaining traction among retail investors, institutions and even some governments. Cryptocurrency is not universally regulated and can be accessed through various channels, including crypto exchanges, brokers, ATMs and fintech apps.StocksStocks represent ownership in a company — when you buy a stock, you’re purchasing a share of that business. If the company performs well and earns profits, shareholders may benefit through dividends and capital gains. On the flip side, poor performance or negative market sentiment can lead to losses.Stocks are typically regulated by government agencies, such as the US Securities and Exchange Commission, making them generally less risky than cryptocurrencies. However, they are still influenced by factors such as company performance, market conditions, economic trends and global events — making them potentially volatile.You can purchase stocks through traditional stock exchanges (like the NYSE or Nasdaq) or online brokerage platforms.BondsBonds are essentially loans that investors give to governments or companies. In exchange, the issuer pays regular interest over a set period and returns the full loan amount — known as the principal — when the bond reaches its maturity date, which can range from a few months to 30 years.Bonds are often considered less volatile than stocks, making them a popular choice for conservative investors. However, they are not without risks. Rising interest rates can lower a bond’s market value, inflation can erode purchasing power, and corporate bonds carry the risk of default if the issuer experiences financial trouble.The trade-off for this relative stability is usually lower returns, which may not appeal to those seeking high-growth investments. Bonds are regulated financial instruments and can typically be purchased through brokers or directly from government agencies. Is crypto more profitable compared to stocks and bonds? While crypto can offer diversification benefits, its relationship with traditional assets is complex and evolving.For instance, in 2024, Bitcoin (BTC), the most popular cryptocurrency, demonstrated remarkable profitability, achieving a 121% return and outperforming traditional assets like the Nasdaq 100, which gained 25.6%, and the S&P 500, which rose by 25%. Gold also saw a significant increase of 26.7%, while US large-cap stocks experienced a 24.9% gain.Bonds, on the other hand, offered a more modest return: The 10-year US Treasury bond, known for its fixed interest payments, ended the year with a yield of approximately 4.57%.Historically, Bitcoin has exhibited a low correlation with the S&P 500, averaging 0.17 over the past decade. However, this correlation has fluctuated, reaching as high as 0.75 before declining toward zero in early 2025, indicating periods of both alignment and independence from traditional markets. Tariff fallout: Which is more profitable now — Crypto, stocks or bonds? The tariffs introduced by US President Donald Trump on April 2, 2025, have had an unprecedented impact on both traditional and crypto markets. But the effects have followed the above pattern consistently — stocks experienced a sharp price reduction.According to the Guardian, the Nasdaq Composite entered a bear market by the close of trading on April 3, falling more than 20% below its most recent peak on Dec. 16, 2024. In the meantime, European indexes such as the FTSE 100 fell over 11%, and the S&P 500 dropped at least 12% since the introduction of tariffs.Crypto had an even stronger downturn, which was once seen as a hedge against market volatility but has not been immune. Bitcoin’s price dropped by over 6% and Ether’s (ETH) by more than 12% within 24 hours of the tariff announcement, as global markets reacted with fear. The unpredictability of tariff policies contributes to market jitters, affecting all asset classes, from stocks to bonds and crypto, in unique ways.Bonds have experienced only a small return rate increase, given that a higher return means a lower price for a bond. According to CNBC, in response to President Trump’s tariff announcements, global bond yields sharply dropped as investors sought safe havens amid stock market turmoil. For example, Germany’s 10-year bond yield fell from 2.72% to below 2.6%, and US Treasury yields also hit their lowest levels in months, signaling heightened demand for government debt, though economists warn this rally may not be sustainable if inflation concerns persist. Trading and investing in crypto, stocks and bonds: What sets them apart? All asset classes — crypto vs. traditional investments — involve identifying patterns, but the timeframes, dynamics and tactics differ significantly.Crypto and stock trading share similar patterns, like sensitivity to macroeconomic trends andtechnical patterns, but their market structures contrast sharply. Stock markets operate within set hours, such as the NYSE’s hours of 9:30 am–4:30 pm ET, while crypto markets run 24/7. Bonds are typically traded during regular market hours, similar to stocks, but the exact trading hours can depend on the type of bond, such as Treasurys or corporate issues.Crypto trading involves pairs using common tokens like Bitcoin or Ether as base currencies, while stocks are typically bought with fiat, and bonds are traded in fixed denominations, often with a minimum investment threshold. Liquidity issues can affect all three: Crypto can face challenges with small-cap tokens, stocks with micro-cap companies and bonds with less-traded long-term or corporate issues.Timeframes for market patterns highlight further distinctions. Crypto market patterns thrive on short-term volatility, demanding rapid decisions and frequent trades, while stock patterns often track longer-term trends tied to company performance and broader economic cycles. Bonds move the slowest, with price shifts driven primarily by interest rates, and offer stable, predictable patterns.Price drivers also set them apart. Crypto values hinge on market trends, adoption and utility; stocks rely on company fundamentals, research and earnings; and bonds depend on interest rate movements and issuer creditworthiness, prioritizing stability over growth. Entry barrier to crypto, stocks and bonds Stock issuance is governed by company laws, blockchain protocols with hard caps control crypto supply, and bonds are issued based on creditworthiness.To invest in stocks and bonds, you generally need to be at least 18 years old and have a brokerage account to invest in the stock and bond markets. Some stocks may require a higher income or level of experience, while most stocks only allow accredited or wealthy investors to participate.Buying stocks and bonds means going through regulated brokers and exchanges. Crypto, on the other hand, lets you jump in with just a wallet — no intermediary, no paperwork. Centralized crypto exchanges require Know Your Customer (KYC) verification, but decentralized platforms let you trade freely with only your private keys.Did you know? Stocks represent company equity with dividends; crypto represents digital assets with varying uses; and bonds are loans offering fixed-interest payments. Regulatory differences between crypto, stocks and bonds While stocks and bonds follow strict rules, crypto is still figuring things out, making buying, selling, holding and taxes a whole different experience.In most countries, investing in stocks and bonds is legal and regulated. Still, some governments, like North Korea and Cuba, impose strict restrictions or outright bans on private investment in these assets. Crypto faces a patchwork of regulations worldwide, ranging from full bans in countries like China and Egypt to partial restrictions in places like India, where regulations limit banking support but don’t outlaw trading. Meanwhile, crypto-friendly nations like El Salvador embrace digital assets with clear legal frameworks and government support.Holding stocks and bonds is straightforward. The shares sit safely with a brokerage, and bonds pay you interest at fixed intervals. Holding crypto, however, comes with risks. You can self-custody in a wallet, but if you lose your private keys, your funds are gone forever. If you keep crypto on an exchange, there’s always a risk of hacks or platform failures.Taxes add another layer of complexity. Stocks and bonds typically fall under capital gains and dividend tax rules, with clear guidelines based on how long you’ve held them. Crypto tax laws vary widely by country. Some countries treat it like property, others like a commodity, and a few don’t tax it at all. Keeping track of every transaction is crucial, as even swapping one crypto for another can be taxable. Crypto vs. stocks vs. bonds: Which one should you buy in 2025? Choosing between crypto, stocks and bonds in 2025 depends on your personality, risk appetite and financial goals.If you love the adrenaline and believe in the future of decentralized finance (DeFi), then a crypto-focused portfolio might be for you. For example, a high-risk, high-reward portfolio could be 70% crypto, 20% stocks and 10% bonds.If you prefer a more structured approach but still want growth, stocks balance risk and return. A portfolio, for instance, with 60% stocks, 30% crypto and 10% bonds could give exposure to innovation while keeping things grounded.For those who sleep better knowing their money is safe, bonds provide stability. For example, a conservative mix could contain 70% bonds, 20% stocks and just 10% crypto, ensuring steady returns with a taste of market excitement.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Investors in Dogecoin were sent mixed signals this week after market analysts disclosed forecasts regarding the future price action of the meme cryptocurrency. Some predict a spectacular rally, while others forecast a sharp decline before there can be any rally. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says Analyst Predicts 500% Price Jump Based On Chart Pattern From crypto commentator “Steph is Crypto,” Dogecoin looks primed for an epic price surge in excess of 500%. That’s the estimate based on a chart pattern seen before a preceding market cycle during which Dogecoin surged 501% after trending down in the last few weeks. “Bottom signal flashing,” Steph tweeted on social media site X, implying that the same pattern is developing again following another 129-day downtrend. If this trend holds, Dogecoin will rise as much as $0.73583 within the next few weeks. ???? SIGNAL:$DOGE BOTTOM SIGNAL FLASHING. PREPARE FOR +500% IN THE NEXT WEEKS! #DOGECOIN pic.twitter.com/qGI9Sea4ZJ — STEPH IS CRYPTO (@Steph_iscrypto) April 19, 2025 The Drop Before Reversal Not everyone agrees with this optimistic view, though. An alternative prediction from SwallowAcademy on TradingView is that Dogecoin may first see a dramatic fall before it can go up. Their study of the price action of Dogecoin relative to Tether (USDT) indicates a possible 40% drop to the $0.09 support level. SwallowAcademy’s analysis observes that following a brush with close to $0.23 earlier this year, Dogecoin dropped to $0.09 before rising above $0.45. The analyst foresees the same trend happening, with a sharp drop followed by a four times jump that might ultimately retest the $0.45 level. When this report was made, Dogecoin was trading above $0.15. Short-Term Trader Numbers Spike Market intelligence company IntoTheBlock’s data shows dramatic shifts in the behavior of Dogecoin holders. Long-term holders who owned the cryptocurrency for more than a year fell by 2.67% last month. Medium-term holders (one to 12 months) fell by nearly 12%. Meanwhile, short-term traders with holding time of less than one month rose by over 100%. This radical movement toward short-term speculation might signify greater price volatility since these traders will respond rapidly to changes in the market. Related Reading: Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip Large Investor Activity Shows Massive Increase Perhaps the most dramatic statistics come from monitoring large holder transactions. Large holder inflows increased by over 5% in the last week, as reported by IntoTheBlock. On a longer term basis, these inflows were up 324% in the last 30 days. This increase in whale activity indicates significant investors may be setting themselves up for future price action even though daily trading continues to be dominated by smaller, short-term traders. Featured image from Unsplash, chart from TradingView
Dogecoin has been trading in a tight range lately, with its price movement increasingly narrowing over the past few days between $0.15 and $0.16. This increasingly narrowing range comes off a wider downside consolidation move since the beginning of April, which has led to the creation of a triangle pattern on the 4-hour candlestick timeframe chart. Related Reading: Today’s $1K XRP Bag May Become Tomorrow’s Jackpot, Crypto Founder Says As it stands, Dogecoin is trying to recover from earlier losses in April, and a recent higher low points to growing bullish activity that could send it pushing above the upper trendline of the triangle pattern in the coming week. Analyst Notes Classic Market Indecision In Dogecoin Structure Crypto analyst Trader Tardigrade recently brought attention to Dogecoin’s current price structure in a post shared on the social media platform X, noting a converging triangle formation that reflects growing indecision in the market. According to his analysis, Dogecoin’s price action has transitioned from a clear downtrend (visible throughout late March and extending into the first week of April) into a state of consolidation that has persisted over the past two weeks. Looking at the resulting triangle formation on the 4-hour candlestick timeframe chart, it is easy to infer that both buyers and sellers are exercising caution. Buyers are reluctant to enter at higher levels, while sellers seem unwilling to push prices lower, creating a narrowing band of price action since April 15. The result is a compression of volatility, which could break out in either direction. Image From X: Trader Tardigrade What Comes After The Indecision Phase? As shown in the Dogecoin price chart above, the memecoin is now approaching the tip of the triangle. In this particular case, the structure leans toward a bullish breakout, with market behavior showing signs of upward pressure building beneath the surface by a 2.77% increase in trading volume in the past 24 hours. Trader Tardigrade projected an uptrend that cancels out the downtrend in late March, following the classic pattern of a downtrend, indecision, and a resulting uptrend. A strong bullish candle that closes above the upper trendline of the triangle is important to validate the predicted uptrend. Trader Tardigrade’s projection shows that if such a move occurs, Dogecoin could reclaim the $0.20 level within a relatively short time frame before the end of the month. Dogecoin opened the month of April at $0.166. As such, a clean upside breakout followed by a sustained close above $0.20 would mark a positive finish for Dogecoin in April. Related Reading: BNB Weathers The Storm Better Than Altcoins, Stats Show Such a positive monthly close would likely influence market sentiment heading into May and possibly invite increased buying activity. It would also help confirm that the recent period of bearishness is over and help reestablish a bullish structure. At the time of writing, Dogecoin was trading at $0.1573 Featured image from 21Shares, chart from TradingView
Solana’s price action over the past 24 hours has been marked by a decisive move above the $135 level, a development that could signal growing bullish momentum. This breakout follows several days of sideways movement, during which the Solana price traded within a narrow range between $124 and $135. Related Reading: Whales Swallowing Bitcoin Fast — Will This Push BTC Price Up? Although the recent move above this consolidation zone hints at a potential upward continuation, on-chain data reveals that significant resistance awaits near $144, which may serve as the next major test for bulls. Levels That Will Define Next Solana Breakout According to a post on social media platform X by crypto analyst Ali Martinez, Solana’s current trading range between $129 and $144 is very important to how it goes from here. Particularly, Martinez noted that the most important support for the Solana price is at $129, while the key resistance to watch sits at $144. This commentary aligns closely with the data shown in a chart shared by the analyst, sourced from Glassnode’s UTXO Realized Price Distribution (URPD): ATH-Partitioned model. The volume bars shown in the URPD data below indicate that Solana’s price is boxed in between dense clusters of buying and selling activity. The tallest concentration is currently around the $129 to $144 region. The chart highlights that roughly 5.75% of all the current realized volume for SOL occurred near the $129 price point, making this level a strong support zone. Interestingly, its importance was reinforced on April 17, when Solana’s price rebounded sharply after briefly dipping to this level. Similarly, the $144 level also holds about 5% of the volume, acting as a resistance ceiling in the short term. This price zone previously rejected bullish attempts in the final week of March, confirming it as a short-term ceiling for upward momentum. Together, these two levels form a tightly contested range, and a breakout beyond either boundary will likely dictate whether Solana enters a new bullish leg or retraces further. Image From X: Ali_Charts The UTXO Realized Price Distribution (URPD): ATH-Partitioned Model The UTXO Realized Price Distribution (URPD): ATH-Partitioned is an advanced on-chain metric that maps out where current coin holders acquired their tokens in relation to the all-time high (ATH). When a price level shows a high concentration of realized volume, it implies that a significant number of tokens were bought at that level. These clusters tend to act as psychological support or resistance, since holders may be more inclined to defend breakeven zones (support) or exit at previous loss zones (resistance), depending on market sentiment. Related Reading: BNB Weathers The Storm Better Than Altcoins, Stats Show In terms of market sentiment, current market sentiment is gradually turning bullish for Solana, and the recent break above $135 puts the $144 level in focus, at least in the short term. The price could reach there this new week, or a drawdown in sentiment could bring the $129 into focus as the level to hold. At the time of writing, Solana was trading at $139, up by 3.6% in the past 24 hours. Featured image from Mudrex, chart from TradingView
Binance Coin (BNB) has continued to show excellent market performance, going up between $575 and $591 over the last week. The cryptocurrency trended upwards between April 13 and April 19, 2025, with significant price leaps on April 17 and 18. As per latest figures, BNB registered a moderate 1.0% gain in the previous 24 hours. Related Reading: Bitcoin Dominates Q1: Altcoin Season Nowhere In Sight—Report BNB One Of Least Impacted By Market Declines While most cryptocurrencies have taken huge losses from their highs, BNB is among the only coins that has exhibited remarkable stability. According to on-chain statistics provider CryptoQuant, BNB, along with Bitcoin, has witnessed little declines compared to other altcoins that dropped as much as 90% from their highs. BNB: The Most Resilient Altcoin in the Crypto Market “While most altcoins have suffered drops of up to -98.5% from their all-time highs, BNB stands out alongside Bitcoin (BTC) as one of the least affected cryptocurrencies” – By @joao_wedson Link ⤵️https://t.co/QLQwJOkfF7 pic.twitter.com/T7Wa6sK6jQ — CryptoQuant.com (@cryptoquant_com) April 17, 2025 The cryptocurrency managed to hit a new all-time high in the recent market cycle, a feat few other digital currencies have achieved. CryptoQuant’s charts reveal BNB appearing in pale red on their charts, which is a much lesser decline compared to other cryptocurrencies that appear in darker shades of red. Common coins such as Dogecoin (DOGE), Cardano (ADA), and Polygon (MATIC) have experienced dramatic highs and lows with long stretches of lowering value before a rebound. Lesser-known cryptocurrencies such as COMP, DASH, and CAKE were hit the hardest when the market changed. Strong Ecosystem Supports BNB Value The good performance of BNB is not all about price action. CryptoQuant explains that BNB’s stability is due to its real-world applications within the Binance ecosystem. The coin has various roles on the Binance platform, such as being used to pay for transaction fees, trading fees, and running applications on the Binance Smart Chain. A lot of traders like to swap their altcoins for BNB, which keeps people wanting it. BNB has stayed useful over time, helping more people use it and making it one of the best-performing cryptocurrencies today. Market analyst Master of Crypto noted how real-life utilities of BNB put it several steps ahead of other cryptocurrencies without real-world applications. The utility of the coin to sustain the whole ecosystem of Binance will continue to reinforce its market value. Related Reading: Is Shiba Inu On Track To Dethrone Dogecoin? Here’s What The Experts Say Technical Signs Point To Neutral Outlook Despite the overall stability of BNB itself, the technical prediction at the moment would indicate a neutral outlook in the broader market. The Relative Strength Index (RSI) at 48.57 puts it in the middle ground with no strong push in any direction. This RSI reading just tells us that the market is in consolidation and that neither buyers nor sellers are gaining an edge. If the RSI crosses above 50, it would tell us that momentum is steadily building in the direction of the bulls. Conversely, if it drops below 45, what it could indicate is a deterioration of price strength. Featured image from Pixabay, chart from TradingView
XRP has been trading under pressure in recent weeks, losing much of the momentum it built during its late 2024 to early 2025 rally. After reaching highs above $3.40, the asset has experienced an 18.3% decline over the past month, reflecting broader market softness. At the time of writing, XRP trades significantly below its peak at a price of $2.06, with subdued investor activity and falling market participation across both spot and derivatives markets. Related Reading: XRP Breakout Still Likely This April, Analyst Says $12+ In Play XRP On-Chain Activity Slows, But Price Remains Relatively Stable Amid XRP’s decline, a CryptoQuant analyst known as EgyHash has recently shared his analysis on the altcoin in a post titled, “XRP’s Market Paradox: With Ledger Activity Dipping 80%, Is a Rebound on the Horizon?” According to EgyHash, XRP’s on-chain and futures market data presents a mixed picture—declining activity but resilience in price. EgyHash noted that XRP Ledger activity has fallen sharply since December, with the percentage of active addresses down by 80%. Similar declines have been observed in the futures market, where open interest has dropped roughly 70% from its highs, and funding rates have occasionally turned negative. He added that the Estimated Leverage Ratio, which gauges average user leverage by comparing open interest to coin reserves, has also dropped significantly. Despite these indicators pointing to weakening momentum, the altcoin’s price has only declined about 35% from its peak. This is a milder correction compared to other assets such as Ethereum, which has fallen roughly 60% over the same period. Additionally, the altcoin’s Exchange Reserve has continued to decline, reaching levels last observed in July 2023. Lower reserves typically suggest that fewer tokens are available for immediate sale, a factor that can help support prices during market downturns. According to EgyHash, this trend, along with relatively stable pricing, could indicate growing long-term confidence in the asset. Institutional Developments Could Strengthen Market Sentiment While on-chain metrics remain a focus, institutional developments may also play a role in shaping XRP’s future trajectory. Hong Kong-based investment firm HashKey Capital recently announced the launch of the HashKey XRP Tracker Fund—the first XRP-focused investment vehicle in Asia. Backed by Ripple as the anchor investor, the fund is expected to transition into an exchange-traded fund (ETF) in the future. The initiative is designed to attract more institutional capital into the XRP ecosystem. HashKey Capital is launching Asia’s first XRP Tracker Fund—with @Ripple as an early investor. This marks a major step in expanding institutional access to XRP, the third-largest token by market cap. ???????? — HashKey Capital (@HashKey_Capital) April 18, 2025 HashKey Capital has also indicated that this collaboration with Ripple could lead to further projects, including tokenized investment products and decentralized finance (DeFi) solutions. Related Reading: XRP To $50? Technical Analyst Lays Out The Roadmap Vivien Wong, a partner at HashKey, emphasized the strategic value of integrating Ripple’s network with regulated investment infrastructure across Asia. Although the altcoin faces near-term pressure, long-term developments, including decreasing exchange reserves and rising institutional interest, may support its recovery as the broader market stabilizes. Featured image created with DALL-E, Chart from TradingView
Crypto analyst Quinten recently revealed that Bitcoin has entered oversold levels. However, analyst Dr. Cat has warned that, contrary to public opinion, this development is bearish, not bullish, for the flagship crypto. In an X post, Dr. Cat stated that Bitcoin entering oversold levels is “super-bearish” and overbought levels are “super-bullish.” He explained that for the oscillator to reach oversold values, it means that the price action has been extremely bearish, indicating why investors are selling their holdings. Why Bitcoin Entering Oversold Levels Is Bearish The crypto analyst further remarked that Oscillators are range-bound indicators, so they can’t go beyond 0 and 100, as they are limited by their mathematical formulas. However, he added that the Bitcoin price can go lower or higher. Dr. Cat then alluded to Bitcoin’s bull markets, noting that all of them are in overbought territory on the weekly chart. Related Reading: Bitcoin Price To Break $125,000 But Sell Everything In October, Analyst Warns The analyst stated that if an investor buys an oversold condition on a lower timeframe when Bitcoin’s higher timeframe is bullish, this is a good move. However, he remarked that whoever advises buying a weekly oversold chart based on the claim that it is bullish because it is oversold has no idea what they are talking about. He remarked that many altcoins are oversold on the higher timeframe and can remain oversold as they approach zero, where the analyst claims they are eventually headed. Dr. Cat also explained that in a bull market, oversold conditions on the daily chart may mark higher lows on the weekly or monthly chart. However, in a bear market, oversold conditions may persist or just lead to some consolidation before more downside. Dr. Cat then alluded to Quinten’s chart, which he said showed what daily oversold conditions led to one year earlier in different broader market conditions. The analyst cautioned that he wasn’t discussing whether Bitcoin is in a bull or bear market or where it is headed, but simply clarifying the misconception about oversold and overbought RSI. BTC’s Supply Overwhelming Demand At The Moment In an X post, CryptoQuant CEO Ki Young Ju revealed that Bitcoin’s supply is currently greater than its demand at the moment, providing a bearish outlook for the flagship crypto. This supports the idea of BTC being in oversold conditions right now, with holders selling their coins rather than buying. Related Reading: Bitcoin Price Forms This Bullish Pennant On Daily Chart That Could Trigger Rise To $137,000 Crypto analyst Ali Martinez recently revealed that whales have been taking profits during the recent Bitcoin rally, offloading over 29,000 BTC since April 9. It is worth mentioning that Ki Young Ju recently asserted that Bitcoin’s bull market is over, noting that the flagship crypto is witnessing significant selling pressure. At the time of writing, the Bitcoin price is trading at around $84,600, down in the last 24 hours, according to data from CoinMarketCap. Featured image from Adobe Stock, chart from Tradingview.com