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#solana #blockchain technology #sol #altcoin #altcoins #cryptocurrency #solusd

Solana (SOL) has struggled to maintain momentum after a rally that saw it peak around the $183 level on May 14. Since then, Solana’s price action on the 4-hour chart hasn’t given a clear direction, with the cryptocurrency pulling back to retest a key support zone near $166.  Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month At the time of writing, Solana is trading around $169.43, up slightly by 0.70% on the day, as it attempts to defend this crucial support level and build a foundation for another upward move. Interestingly, a technical outlook on the TradingView platform has pointed to the paths Solana might take in the coming days. $166 Support Holds Repeated Tests, Break Above $177 Or $183 Will Be Bullish According to a recent analysis posted by TradeCityPro on TradingView, the $166.82 level is serving as a key short-term pivot for Solana. After a bullish leg that began at $142.25 and extended to $177.51, the asset experienced a fake breakout attempt beyond that resistance and was swiftly rejected at $183.86. This rejection brought the price back below $177.51 and into a retest of the $166.82 region. Notably, this support level has been tested twice so far and has held firm. The 4-hour chart is showing strong bullish candles forming around $166, which is an indication of a strong buying interest at this price level. Keeping this in mind, a breakout above either the $177.51 or $183.86 resistance would be the go ahead for a long position, especially if accompanied by the formation of a higher low and higher high beforehand. Until such a breakout occurs, the current setup is one of indecision. A successful breach and daily close above $177 backed by rising volume would likely set the stage for another move toward the $190 to $200 region for Solana. Chart Image From TradingView Short Trade Also Valid Below $166 Support Zone Market volume, however, has declined from last week’s levels. At the time of writing, Solana’s 24-hour trading volume is $2.3 billion, a 36.15% decrease from the previous 24-hour timeframe. As such, a new wave of momentum will be required to drive Solana through the resistance levels at $177 and $183. For now, the Solana price is consolidating tightly above $166, and failure to hold this level could open the door for a retest of the deeper $142.25 support. Related Reading: ‘Judgment Day Is Coming’—XRP Set To Explode, Analyst Warns If bears gain control and push the price lower, the next significant demand zone lies back at $142.25, which is the origin point of the previous bullish move. Given how the price reacted from this level earlier on April 30 and on May 6, it is expected to act as a strong support again if tested. At the time of writing, Solana is trading at $171. up by 1.6% in the past 24 hours. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #xrp #altcoin #altcoins #digital currency

A wave of excitement hit the XRP space this week after commentator Chad Steingraber suggested the token could climb 100‑fold from its current level. According to his tweet, five XRP cost one back in December 2020. Now you’d pay about 12 for the same slice of the market. That leap from roughly 0.20 to 2.35 shows how quickly prices can move. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? Early XRP Lows Spark Hope Based on reports, XRP dipped to about 0.20 when the US Securities and Exchange Commission sued Ripple in December 2020. Traders who snapped up coins at that time saw a nearly more than 1,100% gain as the price climbed to $2.39 today. That jump turned small stakes into sizable wins for early buyers. It also reminded people how fast sentiment shifts can reshape opportunities. Just a few years ago you could buy 5 XRP for $1 – now that’s cost you ~$12 dollars. A 10x+ premium. In the not too distant future, we will 100x from current prices. — Chad Steingraber (@ChadSteingraber) May 12, 2025 100-Fold Target Means Huge Market Cap According to Steingraber’s projection, a 100× rise from, say, 2.35 would take XRP to nearly 235 per token. At that level, XRP’s market cap would top 15 trillion. To put that in context, gold’s entire value sits around 11 trillion. Hitting 15 trillion would push XRP past most global banks and payment networks by a big margin. It’s a number that demands both massive use and wide adoption. Other Timelines Vary Widely Based on reports, faith in a near‑term surge isn’t universal. Some analysts in the XRP community point to 2017’s parabolic run for inspiration, suggesting gains could come in the current cycle. But more cautious platforms like Telegaon place the 235 target out near 2050. Other price predictions split the difference, seeing it arriving within a decade or more. Those wide gaps show how hard it is to pin down crypto’s future. Short Term Dip Predicted According to CoinCodex, XRP might drop by 22% to reach 1.85 by June 17, 2025. Their technical tools peg current sentiment as neutral while the Fear & Greed Index sits at 74, or Greed. In the last 30 days, XRP logged 13 green days and moved nearly 6% in price swings. That mix of signals hints at a market cooling off but still staying lively. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Experts Weigh Odds Versus Headlines Traders and investors are watching closely. A 100× move sounds electric. Yet most experts treat it as a stretch rather than a baseline outlook. They point to regulation, real‑world use and broad finance trends as key factors. In crypto, rapid climbs can reverse just as fast. For now, Steingraber’s bold call joins a long list of “what‑if” scenarios that keep the community talking. Featured image from Gemini Imagen, chart from TradingView

#solana #meme coins #sol #altcoin #altcoins #cryptocurrency #eric trump

According to blockchain data, a new Solana token named Eric Trump shot up 6,200% in just 24 hours. It sprang to life on May 16 via the Pump.fun launchpad and swelled to a market cap of 140 million. Traders piled in fast, but on‑chain detectives noticed more than 80% of the supply parked in just 10 wallets. That kind of concentration often signals a setup for a sudden collapse. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Political Name Exploitation Using a well‑known figure’s name can be a quick way to grab attention. Based on reports from Bubblemaps, the token’s ties to “jv7d” on Solana raised red flags. When insiders hold most of the coins, they can dump them at will. Retail investors end up holding what’s left—and that often means heavy losses. a rug in the making#ERICTRUMP is currently trending on most platforms. avoid it. pic.twitter.com/g1KE7wKMCA — Bubblemaps (@bubblemaps) May 16, 2025 Warning Signs On-Chain Cluster analysis showed the top 250 holders are linked through a handful of addresses. That pattern mirrors the WOLF token, which hit 42 million before plunging to almost nothing. Analysts say these moves fit the classic rug‑pull script, where early backers cash out at the peak, then vanish. Copycat Tokens Multiply The same wallet, known as “BjTm,” has already launched three other Eric Trump tokens that fizzled quickly. Based on CoinMarketCap data, more than 736 imitation tokens have been pushed into the official Trump wallet space. Of those, 192 use Trump family names, and 67 claim to be “official.” Even Elon Musk’s name crops up in at least 35 of them. Global Political Targets Scammers aren’t stopping with US figures. In April, the verified X account of UK MP Lucy Powell was hijacked to promote a fake Solana token. It tapped into her 70,000 followers and netted just 225, but it showed how a trusted badge can fool people. Related Reading: ‘Judgment Day Is Coming’—XRP Set To Explode, Analyst Warns Investor Warning Lights Based on this pattern, analysts urge caution. When a token’s value spikes without clear backing—and most coins sit in a few wallets—that’s a signal to step back. Blind loyalty to a name, political or otherwise, can turn into financial pain. What Comes Next As more political meme coins pop up, the risk grows. Every high‑profile name could become bait. Investors should check who holds the tokens, watch for rapid launches on cheap networks like Solana, and keep in mind that hype can vanish as fast as it appears. In a space where hype often trumps fundamentals, staying alert might be the best way to stay afloat. Featured image from Unsplash, chart from TradingView

#ripple #xrp #altcoin #analisa torres #xrp price #cryptoquant #coinmarketcap #xrp news #xrpusd #xrpusdt #ali martinez #us sec #fibonacci levels #egrag crypto #casitrades

Onchain data shows that over $40 billion worth of XRP has been moved over the last week, which puts the altcoin on the edge. Specifically, these coins were transferred to exchanges, which indicates that XRP is at risk of a massive sell-off.  Over $40 Billion XRP Moved To Exchanges CryptoQuant data shows that over $40 billion has been moved to Binance this past week, with the exchange’s reserves surging during this period. This development is usually bearish as it indicates that investors are looking to offload their coins. This comes as the XRP price surged to as high as $2.6, which explains this wave of profit-taking.  Related Reading: XRP Reaching Oversold Levels As Net Flows Turn Negative, What’s Next? Moreover, crypto analyst Ali Martinez revealed that Bitcoin whales have secured profits, selling over 30,000 BTC this week. As such, XRP whales may be simply mirroring this move. Meanwhile, Bitcoinist reported that XRP is reaching oversold levels as net flows turn negative, with the wave of sell-offs heightening.  This selling pressure comes amid Judge Analisa Torres’ ruling in the Ripple SEC lawsuit, which provides a setback for XRP. The judge denied the parties’ motion for an indicative ruling because the filing was procedurally improper. The ruling also sparked a massive sell-off, with XRP dropping over 4%. XRP risks losing its bullish setup as Martinez revealed that the key support zone is at $2.38, meaning that a drop below this level could lead to a deeper correction. However, a hold above this level could set the altcoin for a rally to new highs as the analyst revealed that there are no major resistance clusters ahead. Crypto analyst CasiTrades had warned that XRP’s failure to hold above the $2.69 resistance could send its price towards $2.30 for a reset.  Altcoin Has Formed A Double Bottom Formation In an X post, crypto analyst Egrag Crypto revealed that XRP has formed a double bottom following the dip to $2.3126. He stated that the altcoin is still bouncing off the red descending trend line, showing resilience. The analyst added that the altcoin is experiencing some micro noise within the range between the Fibonacci 0.888 levels at $2.30 and $2.62.  Related Reading: XRP Price Set To Continue Uptrend As Stochastic RSI Moves Out Of Oversold Zone His accompanying chart showed that the key is for the XRP price to hold above the trendline at $2.3. A bounce from this level could send the altcoin as high as $3.8, near its current all-time high (ATH) of $3.84. Based on its historical performance, Egrag Crypto still expects the altcoin’s price to rally to between $27 and $33 in this market cycle.  At the time of writing, the XRP price is trading at around $2.37, down almost 2% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#crypto #xrp #altcoin #altcoins #digital currency #xrpusd

Ripple’s ongoing lawsuit with the US SEC is moving through the courts, and some in the XRP community say “judgment day” is close. XRP pushed past $2 late last year, only to slip back under that mark recently. For most of 2024, it hovered near $0.50, a range many traders saw as a barrier. Now, with fresh legal hurdles, believers and skeptics are both bracing for what comes next. Related Reading: Analysis: Crypto Heats Up As $35 Billion Enters Market In Under A Month Legal Battle Takes A Detour According to court records, Judge Analisa Torres blocked a joint settlement on May 15, 2025. Ripple hoped to pay a reduced $50 million fine and lift a permanent injunction. Instead, the judge ruled that the motion had cited the wrong procedural rule—Rule 62.1 instead of Rule 60. Ripple and the SEC must refile under the correct rule. That move won’t overhaul the timeline, but it does mean more filings and a delay that could last months. Very soon, nothing will be holding XRP back. No lawsuit. No distractions. At that point, it all comes down to the utility we’ve been talking about for years. Judgment day is coming—and we’ll see if we were right. Will we see explosive growth? Or a slow and steady climb?… — All Things XRP (@XRP_investing) May 15, 2025 Community Pushes ‘Judgment Day’ Narrative Based on reports from XRP forums and social feeds, many holders believe “price suppression” has held the token down. They point to the long stay around $0.50 and insist outside forces prevented higher gains. After XRP rallied above $2 at year‑end, talk of suppression faded—until it fell back under $2. Now critics warn that believers are setting themselves up for disappointment, while optimistic voices say judgment day will reveal the truth and clear the way for a big rally. Utility Claims Face Competition Commentators often highlight XRP’s role in cross‑border payments through RippleNet. They predict it could capture a slice of a tokenization market projected to exceed $18 trillion by 2033. But rivals are gearing up. SWIFT is rolling out faster transaction corridors, and platforms like Ethereum, Solana and Algorand are also targeting tokenized assets. So far, real‑world XRP volume remains small compared with its total supply, and widespread adoption has yet to materialize. Bold Price Targets Draw Doubt Some analysts toss around targets of $50, $100 or even $1,000 for XRP once the legal cloud clears. To reach $100, the market cap would need to expand more than 40‑times from today’s levels. A $1,000 price tag would require an even more massive inflow of new money. Few market watchers see that happening without a major institutional push or a breakthrough in cross‑border payment adoption. Related Reading: Bitcoin Outshines All In 2025, Official Report From Russian Central Bank Says Final Ruling Could Set The Stage Ripple and the SEC both say they want this case wrapped up quickly. Yet appeals courts move at their own pace. Even the most optimistic projections point to a final decision in late 2025 or early 2026. When “judgment day” arrives, it could either validate those bullish forecasts or underscore how tough it is for XRP to shake off legal overhangs. Until then, traders will likely watch every court update more closely than utility metrics. For now, it’s still a waiting game—one that could reshape XRP’s next big move. Featured image from Gemini Imagen, chart from TradingView

#crypto #dogecoin #doge #altcoin #cryptoquant #dogeusdt #doge analysis

Dogecoin (DOGE) has shown a steady performance in recent weeks, which is in line with the broader rally across the cryptocurrency market. Over the past two weeks, DOGE has risen by more than 25%, pushing its price as high as $0.24. Despite this growth, the asset experienced a slight pullback in the past 24 hours, retreating by 0.3% to $0.22 at the time of writing. The latest movements mark a period of renewed interest in the asset, particularly from retail traders. Related Reading: Dogecoin Pullback May Be Short-Lived—Here’s The Next Price Target Dogecoin Retail Activity and Sentiment Indicators One of CryptoQuant’s contributors, Burak Kesmeci, recently shared new insights into DOGE’s futures market activity. In a post titled “Too Many Retail Traders? DOGE Futures Show Repeated Peak Patterns”, Kesmeci pointed to the potential influence of speculative trading behavior. His analysis highlights that previous peaks in Dogecoin’s price have often coincided with a sharp increase in retail participation in futures markets, raising questions about the sustainability of such rallies. Kesmeci’s analysis centers around a visual metric that tracks trading activity from retail investors within DOGE futures markets. In this chart, red bubbles mark moments when retail trading spikes significantly. These periods, according to the analyst, have historically aligned with local price tops, suggesting that elevated speculative behavior often precedes short-term corrections. On the other hand, green and pink bubbles, representing periods of reduced retail activity, have typically aligned with more stable or neutral price phases. The underlying interpretation is that when DOGE futures markets become saturated with retail participants, the likelihood of momentum exhaustion increases. For traders, these retail spikes may serve as potential warning signals of short-term reversals. As Kesmeci notes, this data can be used in conjunction with other technical and on-chain metrics to build a more comprehensive view of market sentiment, especially in volatile assets like Dogecoin. The analysis supports a more cautious approach where retail enthusiasm dominates trading volumes. Technical Forecast Suggests Possible Rally Continuation While futures data indicates caution around potential retail-driven tops, other technical perspectives suggest the possibility of further upside. Crypto analyst Javon Marks recently shared an outlook indicating that DOGE may be positioned for a continuation toward a new all-time high. Related Reading: Where’s Next Major Dogecoin Resistance? On-Chain Data Points To This According to Marks, the asset has confirmed a major bullish signal on its chart, suggesting that another leg of upward momentum may already be in play. He projects that the next major target lies nearly 200% above current price levels. $DOGE RECOVERING HEAVILY AND HAS CONFIRMED A MAJOR CONTINUATION SIGNAL ????! Next leg towards All Time Highs can be in-effect and with those levels nearly +200% away, it could be HUGE! https://t.co/5H1HkZG5Hn pic.twitter.com/whi0lxqDM2 — JAVON⚡️MARKS (@JavonTM1) May 13, 2025 Featured image created with DALL-E, Chart from TradingView

#dogecoin #technical analysis #retail investors #doge #altcoin #cryptocurrency #dogeusdt #fibonacci retracement #falling wedge pattern

Dogecoin (DOGE) is up 48.7% over the past month, as the broader crypto market rallies amid easing concerns over a potential global tariff war. Although the leading memecoin has posted impressive gains recently, analysts believe there may still be room for DOGE to climb before reaching a cycle top. Analyst Identifies Signal That May Predict Dogecoin Top According to a recent CryptoQuant Quicktake post by contributor burakkemeci, DOGE price tops often align with a surge in retail futures trading activity. The analyst shared the following chart illustrating the relationship between DOGE price peaks and periods of heightened high-frequency futures trading by retail investors. The above chart features red bubbles that mark periods of excessive retail trading activity in the DOGE futures market. These bubbles consistently appear near major price peaks, suggesting the market may be overheating during those phases. Related Reading: Dogecoin Hits Critical Zone—Here’s What 3 Leading Analysts Are Watching In contrast, green and pink bubbles on the chart represent periods with lower retail participation. These phases typically coincide with more stable or “healthier” market conditions, which could offer better entry points for new investors. The analyst emphasized that monitoring these red bubbles may help both traders and investors anticipate potential short-term tops in DOGE. Spikes in retail participation often reflect heightened market greed – frequently a precursor to sharp price corrections. At present, Dogecoin futures activity appears to be in a neutral zone, indicating that the asset may still have room to grow before nearing an overheated state. This view is echoed by crypto analyst Anup Dhungana. In a recent post on X, Dhungana shared the following weekly DOGE chart showing a breakout from a long-term falling wedge pattern – a bullish technical setup that often precedes price rallies. Based on this breakout, the analyst forecasts that DOGE could reach $1 in the current market cycle. All Eyes On $1 DOGE The $1 price target has long been a symbolic milestone for Dogecoin enthusiasts. During the 2021 bull run, DOGE reached an all-time high (ATH) of $0.73 but ultimately fell short of the coveted $1 mark. Related Reading: Dogecoin Pullback May Be Short-Lived—Here’s The Next Price Target This time, however, several analysts believe that Dogecoin could finally hit the $1 milestone. Noted crypto analyst Kevin recently pointed to $1.10–$1.25 as a plausible target, based on Fibonacci retracement levels. However, seasoned market watcher Ali Martinez cautioned that DOGE must first overcome a significant resistance level at $0.36 to sustain its bullish momentum. At press time, DOGE trades at $0.22, up 1% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

#bitcoin #crypto #sec #ripple #security #xrp #altcoin #altcoins #ripple vs sec

Ripple’s bid to wrap up its long‑running fight with the US Securities and Exchange Commission hit a snag on May 15. A federal judge in New York tossed out the deal because it was filed the wrong way. This hiccup doesn’t change past rulings, but it does force both sides back to the drawing board. Related Reading: Ticking Clock To $200K: Bitwise CIO Predicts Bitcoin’s Price Explosion Court Blocks Settlement Motion According to court papers, Judge Analisa Torres ruled that Ripple and the SEC used the wrong rule to ask for a change. They tried to dissolve an injunction and chop a $125 million fine down to $50 million. But under Rule 60, you need to prove “exceptional circumstances” when you’re asking to revisit a final order. Without that proof, the judge said the motion was “procedurally improper” and tossed it. Nothing in today’s order changes Ripple’s wins (i.e. XRP is not a security, etc). This is about procedural concerns with the dismissal of Ripple’s cross-appeal. Ripple and the SEC are fully in agreement to resolve this case and will revisit this issue with the Court, together. https://t.co/vBQdBD3FNe — Stuart Alderoty (@s_alderoty) May 15, 2025 Source: US District Court Southern District NY/SEC. Parties Must Refile Under Rule 60 Based on reports from attorney James Filan on X, Ripple and the SEC agreed on the deal back on May 8. They even filed papers together. Yet, they skipped the part about showing why they should get a do‑over. Now, both sides have to write up a new motion. Fred Rispoli, another lawyer, said they’ll have to “do it the hard, messy way” by following the rule book. That means spelling out why a final court decision needs a second look. Market Reacts With Price Drop When word got out, XRP took a hit. The price slid about 2.5% in a single day. Open interest also fell by 9% to $4.90 billion, according to CoinGlass data. Long positions worth over $21 million were wiped out as traders scrambled to cut losses. Short‑term traders are watching a key support level at $2.35. If that line holds, we might see a bounce. If it breaks, prices could dip even further. XRP price down in the last 24 hours. Source: Coingecko Legal Wins Remain Intact Ripple’s chief legal officer, Stuart Alderoty, reminded everyone that past victories are safe. In 2023, a judge ruled that XRP wasn’t a security in programmatic sales. Institutional sales still count as securities, but retail sales were cleared. Alderoty said on X that this recent setback is just about “procedural concerns with the dismissal of Ripple’s cross‑appeal.” He made it clear that nothing in that ruling takes away what Ripple already won. Related Reading: Dogecoin’s $1 Dream: Analyst Reveals When It Could Finally Happen Next Steps For Ripple And SEC Now, both sides face a longer road ahead. They’ll need to gather evidence for a new Rule 60 motion. That could push any final settlement into late summer or beyond. Until then, traders will keep their eyes on court calendars and price charts. Featured image from Bankless Times, chart from TradingView

#ethereum #eth #altcoin #cryptoquant #ethereum analysis #ethereum market

Ethereum (ETH) experienced a slight price pullback over the past 24 hours, declining by 2.1% to hover slightly above $2,500. Despite this daily decline, ETH has remained at more than 30% over the past week, marking a strong recovery trend from earlier market conditions. The rally follows broad strength across the crypto market, with Ethereum pushing into new price zones that have brought it above several important realized price levels. The price movement from Ethereum prompted one of CryptoQuant’s contributors, BlitzzTrading, to closely monitor ETH’s realized price data, particularly how it relates to different wallet cohorts. Related Reading: $1.2B In Ethereum Withdrawn From CEXs – Strong Accumulation Signal Understanding Realized Prices Across ETH Wallet Tiers BlitzzTrading highlighted that Ethereum has moved above the average cost basis of most holders, broken down by wallet size. This “average cost basis,” or realized price, refers to the average price at which a given cohort of investors acquired their ETH. It is calculated by assessing the aggregate value at which the coins were last moved, providing insight into whether those investors are currently in profit or loss. Tracking these levels can help traders identify potential support zones or areas where profit-taking may occur. According to BlitzzTrading’s data, holders with balances between 100–1,000 ETH have a realized price of $2,225, those with 1,000–10,000 ETH hold at $2,196, and wallets holding between 10,000–100,000 ETH have an average cost basis of $1,994. Larger wallets, with over 100,000 ETH, have a much lower average cost basis of $1,222. As the current ETH price hovers around $2,500, most of these groups are in profit. However, price corrections to retest these levels, especially after sharp rallies, are common in both bullish and sideways market structures. Profit-Taking by Ethereum Whales Raises Questions About Short-Term Top In a related post, BlitzzTrading explored the behavior of large Ethereum holders, referred to as “whales,” defined as addresses holding over 10,000 ETH. These large investors can have a disproportionate impact on market prices due to the volume of their trades. The analyst noted that after ETH previously reached the $4,000 mark, whale-driven profit-taking contributed to a drop in price down to $1,300. Monitoring such activity is vital, as it can signal upcoming shifts in trend or potential short-term price ceilings. Related Reading: Ethereum Stakers Enter Profit Zone as Price Climbs Above $2,400 Currently, ETH is once again approaching territory where whales are significantly in profit. If these large holders begin to offload their positions, similar to previous cycles, it may introduce downward pressure. However, if whale wallets continue to hold or accumulate, it may reinforce broader market confidence. Real-time monitoring of whale flows remains a key tool for interpreting Ethereum’s short-term trajectory. Featured image created with DALL-E, Chart from TradingView

#bitcoin #btc price #bitcoin price #btc #altcoin #bitcoin news #coinmarketcap #stock market #btcusd #btcusdt #btc news #bollinger band #tony severino #cme futures

Bitcoin’s price action in the past 24 hours has seen it slowly retracing from the $104,000 zone it started the week at. This range has become particularly significant as Bitcoin continues to flirt with levels last seen during its recent push toward new all-time highs. Bitcoin’s price movements over the past two days have tightened, and the candlestick behavior on the weekly chart has led to a doji formation on the weekly candlestick timeframe, an indicator of indecision. Interestingly, a technical analysis from crypto analyst Tony “The Bull” Severino has highlighted critical levels to watch that will determine whether the Bitcoin price is turning bearish or still bullish.  Mixed Signals: Why the Current Resistance Zone Is Critical Crypto analyst Tony “The Bull” Severino shared a chart and in-depth breakdown on the social media platform X, pointing to horizontal support and resistance levels as the most important technical indicators in his view. As shown on his Bitcoin weekly chart, the leading cryptocurrency is now pressing against a well-defined resistance zone just below its all-time high, marked clearly in red. The proximity of this level to its all-time high means it could act as a ceiling, making it an important area to watch for either a breakout or a reversal. Related Reading: What’s Driving The Bitcoin Price Recovery Above $100,000 And Is It Sustainable? Tony outlines three possible interpretations for the current market structure around the $108,000 resistance level. The bullish case hinges on Bitcoin consolidating under resistance, a pattern often followed by upward continuation. The neutral case is that Bitcoin could be forming a broad trading range, in which case it makes sense to short the market at resistance while buying near support. On the bearish side, the presence of a doji candlestick at this key level may be a sign of fading momentum and an early signal of a price reversal. His trading strategy reflects this uncertainty. He has placed short positions within the red resistance zone, with a stop loss just above the all-time high. At the same time, he has set a stop buy order in the green breakout zone above the all-time high, ready to switch long should the Bitcoin price convincingly break through resistance. Conditions For A Bullish Breakout Are Not Yet Fulfilled Although Tony noted that the broader investment market, including altcoins and the stock market, looks strong, he cautioned that this does not guarantee a bullish breakout for Bitcoin. For confirmation, a bullish breakout must be preceded by aligning various technical indicators. These include a breakout with substantial trading volume, an RSI reading above 70 on the weekly chart, and a weekly close above the upper Bollinger Band.  Related Reading: ‘The Big Short’ Coming For Bitcoin? Why BTC Will Clear $110,000 At the moment, however, the Bitcoin CME Futures chart has failed to move past 70 on the daily RSI twice, and trading volume is in decline. According to CoinMarketCap, the trading volume of Bitcoin is $44.33 billion in the past 24 hours, a 11.40% reduction from the previous 24 hours. These are early warning signs that a breakout attempt may lack the strength needed for sustainability. Nonetheless, the conditions are still very mixed and starting to lean more bullish than bearish. At the time of writing, Bitcoin is trading at $102,352, down by 1.31% in the past 24 hours. Featured image from Pixabay, chart from Tradingview.com

#xrp #altcoin #glassnode #xrp price #coinmarketcap #xrp news #xrpusd #xrpusdt #ali martinez #milkybull crypto #egrag crypto #credibull crypto #crypto michael #casitrades #bull pennant

Crypto analyst Crypto Michael, who called the XRP price surge when it was trading at $0.5, has predicted the altcoin’s next move. Based on his prediction, XRP is set to sustain its current bullish momentum and possibly rally to a new all-time high (ATH) soon with a breakout above $3.  Analyst Predicts XRP Price Surge Above $3 In an X post, Michael predicted a second parabolic rally once the XRP price breaks the psychological $3. The analyst made this prediction while revealing that he had called this current XRP rally while the altcoin was still trading at $0.5. Indeed, last year, he stated that a historic breakout was incoming for the altcoin.  Related Reading: XRP Price Outperforms Bitcoin, Ethereum As ‘Strange Signal’ Emerges, Why The Target Is $4 Back then, he highlighted a unique 7-year-long bull pennant that had formed for the XRP price. Based on that bullish pattern, the analyst remarked that market participants might be about to witness one of the most significant breakouts in crypto history. XRP eventually broke out and became the second-best-performing asset among the top 10 cryptos by market cap in 2024.  Crypto analyst CasiTrade recently stated that the XRP price could witness an explosive move above $3 if it breaks and holds above $2.69. This means the projected parabolic rally for XRP above the $3 mark could happen soon. This rally could send the altcoin above its current ATH of around $3.84.  Crypto analyst Ali Martinez also suggested that the XRP price will unlikely encounter any major resistance as it targets a run to a new ATH. In an X post, he cited Glassnode data as he revealed that XRP has no major resistance clusters ahead. Meanwhile, the analyst noted that the key support zone is $2.38.  A Rally To Double Digits In This Cycle? Several crypto analysts have predicted that the XRP price can rally to double digits in this market cycle. In an X post, Pepa stated that the plan stays the same for XRP. His accompanying chart showed that he expects the altcoin to rally to as high as $30 by year-end or the start of next year.  Related Reading: XRP Price To Rally To $6: Partially Completed Wave 5 Says There’s Still Room To Run Crypto analyst CrediBULL Crypto also recently alluded to a previous analysis in which he predicted that the XRP price would reach $28 by year-end 2025. This move is expected to mark Wave 5 on his Elliott Wave Theory analysis. Similarly, analyst Egrag Crypto stated that XRP will reach between $27 and $33 in this cycle. Crypto analyst Mikybull Crypto offered a more conservative target, predicting that the altcoin will reach between $4 and $6 in this cycle.  At the time of writing, the XRP price is trading at around $2.52, down almost 2% in the last 24 hours, according to data from CoinMarketCap.  Featured image from Getty Images, chart from Tradingview.com

#bitcoin #crypto #sec #ripple #xrp #altcoin #altcoins

XRP has pushed past $2.60 again this week, marking its second break above that level in just a few days. The token is up 17% over the last seven days as traders set their sights on the $3 mark. Related Reading: XRP Frenzy Builds: Over $1 Billion in Open Interest Signals Breakout Tension Based on reports from well‑known trader CryptoWZRD, a fresh all‑time high could be around the corner. But what stands behind these bullish calls, and how realistic are they? Historical Patterns Point Higher According To CryptoWZRD, XRP’s climb follows a familiar script. He highlights two long phases of calm price action—in 2014–2017 and again since 2018—that were each followed by big rallies. After holding as low as $1.60 in the recent downturn, XRP is now up 60% from that trough to return to $2.47, when this article was made. His chart suggests that this leg could carry XRP past the $5.00 mark. If that plays out, the token would more than double from today’s levels. ???? THE ONLY WAY IS UP ???? Grinding higher.. ⚠️ $XRP held its ground but not only that has reversed, stop fighting it.. a new all time high is inevitable ???? Patience Pays.. pic.twitter.com/ebqPJmDiso — CRYPTOWZRD (@cryptoWZRD_) May 12, 2025 Market Cap Could Eclipse Ethereum Based on the analyst’s math, a $5.90 XRP would push its market cap above $345 billion. That sits just above Ethereum’s current $317 billion valuation. Flipping ETH might feel bold, but it’s worth noting that ETH bulls have piled back in. Ethereum jumped 30% over the past week—nearly twice XRP’s gain. So even if XRP finds room to run, it may face stiff competition on overall market share. Wider Community Weighs In Other analysts compared today’s roughly 5% market dominance to the 30% seen in early 2018, when XRP reached $3.84. They think a return to that share could drive the price past $10 this year. Related Reading: Avalanche Rumbles 21% Amid Record-Breaking Address Activity Bull Case Versus Bigger Risks Not Everyone is convinced that numbers tell the full story, though. Legal headwinds in the US still hang over XRP after its lawsuit with the SEC, and any setback there could send prices tumbling. Market experts painted a super‑bullish scenario too, saying that if the global crypto market hits $35 trillion, XRP could reach a $1.25 trillion cap—roughly $20 per coin. That’s a 750% jump from $2.60. But even seasoned investors know that giant leaps rarely happen without sharp pullbacks along the way. At this stage, traders have a clear choice. They can chase XRP as it tests new ground, or they can wait for a pause or pullback before jumping in. The token’s recent strength is real, but the road to fresh highs could be bumpy. Whether it’s $5.80 or even $20, odds are the journey will be anything but straight. Featured image from The Market Periodical, chart from TradingView

#bitcoin #crypto #etf #ripple #xrp #altcoin #altcoins #inflows

XRP’s price has climbed to $2.61 in the last 24 hours, and has been able to keep a steady pace, registering a 22% gain over the past seven days. Traders are piling into futures contracts. A notable performance has been in the Open interest department, which jumped by more than 40%. Related Reading: Avalanche Rumbles 21% Amid Record-Breaking Address Activity Rising Futures Activity According to Glassnode data posted on May 13, futures open interest for XRP surged from $2.42 billion to $3.42 billion in just one week. That $1 billion increase represents a nearly 42% rise in active contracts. When both price and open interest climb, it usually means new money is coming in and that traders expect more upside. $XRP Futures Open Interest has surged by over $1B in the past week, rising from $2.42B to $3.42B (+41.6%). This sharp increase in leverage coincides with a price rally from $2.14 to $2.48, suggesting elevated speculative activity and growing directional conviction, pic.twitter.com/QbsaOM9oxE — glassnode (@glassnode) May 13, 2025 Price Versus Market Gains Based on reports, XRP’s one‑week gain outpaces the broader cryptocurrency market, which has risen about 12% over the same period. A near‑20% jump is no small feat when most major coins are up in the low double digits. Traders see XRP as one of the stronger performers right now, and they are betting accordingly. Momentum Indicators Point Up XRP is trading higher than its 10‑, 50‑ and 200‑day moving averages. That indicates short‑term and long‑term trends are both in favor of buyers. The relative strength index is at 68, which is just short of the overbought zone. There is still space for the rally to continue before reaching a ceiling. The moving average convergence divergence has also crossed higher, suggesting continued upward momentum. Institutional Demand Grows Meanwhile, the XXRP ETF has drawn inflows for five straight weeks. Last week, it added $14 million in new money, up from $10 million the week before. The fund now holds almost $100 million in assets. Even with a 1.80% annual fee—almost twice that of some Bitcoin ETFs—investors still see value in a product tied to XRP. Odds And Projections Based on market‑prediction platforms like Polymarket, there is an 79% chance the US Securities and Exchange Commission will approve spot XRP ETFs soon. According to JPMorgan analysts, these ETFs could attract as much as $8 billion in the first year—more than what Ethereum funds saw after their September 2024 launch. That kind of demand could slingshot XRP even higher. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Outlook And Risks Rallying price action, growing open interest, and steady ETF inflows make a bullish case. Fast gains could just as easily fade away if traders lock in profits; a drop through the 50-day average would serve as a warning signal. Regulatory delays or a broader sell-off in crypto could derail the rally as well. For now, XRP sits atop its key averages and sees fresh capital coming in. Many traders and institutions are leaning bullish. Yet anyone getting involved should watch the technical levels and keep an eye on news about spot ETF approvals. If those pieces fall into place, XRP could be set for another leg up. But if markets cool off or regulators hit pause, the run may stall. Featured image from Gemini Imagen, chart from TradingView

#markets #ether #altcoin #equities

The gap between Bitcoin and Ether could close in coming weeks and months as investors allocate capital to more risk assets aside the so-called digital gold.

#crypto #xrp #altcoin #crypto market #cryptoquant #xrpusdt #xrp market

XRP has aligned itself with the broader cryptocurrency market’s upward trend, registering significant gains over the past week. The asset recorded a 20% rise on the weekly chart before retreating slightly. At the time of writing, XRP trades at $2.54, reflecting a 2% decline in the past 24 hours. Despite the minor dip, the asset remains well above recent local lows and is showing signs of growing trader interest. According to a new analysis shared by CryptoQuant contributor BorisVest, activity in XRP derivatives on Binance indicates potential accumulation amid increasing speculative interest. Related Reading: XRP Price To Rally To $6: Partially Completed Wave 5 Says There’s Still Room To Run The market, which previously saw a steep drop in open interest, is now witnessing a resurgence in leveraged trading positions. These on-chain dynamics may be hinting at a shift in sentiment as participants return following the earlier flush-out. XRP Open Interest Rebounds as Traders Re-Enter the Market Open interest, defined as the total number of active futures contracts not yet settled—serves as a gauge for market engagement. When open interest increases alongside price, it often suggests rising speculative participation.  In XRP’s case, the data shows a sharp rebound from a previous $530 million low to a higher range, suggesting a recovery in market confidence after a significant drop from its $1.5 billion peak. BorisVest also analyzed Binance funding rates, which reflect the cost of maintaining long or short positions in perpetual futures. These rates become positive when long positions dominate and negative when short interest prevails.  During XRP’s recent correction, the funding rate turned negative, indicating an influx of short positions and setting up conditions for a possible short squeeze. A short squeeze occurs when short sellers are forced to buy back their positions due to rising prices, often resulting in rapid upward price movements.  Currently, the funding rate is neutral, suggesting equilibrium between bullish and bearish positions, though subtle signals point to increasing short exposure. Taker Sell Pressure Meets Steady Price: Signs of Absorption? Another metric underlined in the analysis is the Taker Buy/Sell Ratio. This indicator compares the volume of aggressive buy orders (market buys) against sell orders (market sells). A ratio below 1 implies that sellers are more aggressive.  In this case, XRP’s Taker Buy/Sell Ratio stands at 0.91, meaning selling pressure dominates. However, the absence of significant price declines despite the pressure implies potential absorption by larger players, which can be a precursor to bullish price movements. Related Reading: Crypto Analyst Says XRP Price Must Clear This Level Or Risk Crash To $1.9 The combination of rising open interest, neutral funding rates, and sustained price levels despite sell pressure suggests that XRP may be experiencing silent accumulation. While the market remains indecisive, these patterns are often observed in the early stages of a trend reversal or breakout. As speculative activity picks up, it could be worth monitoring these signals closely for further confirmation. Whether this leads to a continuation of XRP’s rally or not, the current data points to a market that is actively recalibrating, and possibly preparing for the next phase in price action. Featured image created with DALL-E, Chart from TradingView

#xrp #altcoin #xrp price #coinmarketcap #xrp news #xrpusd #xrpusdt #fibonacci retracement #barric #casitrades

Crypto analyst BarriC has asserted that an XRP price rally to between $10 and $20 would only be the start for the altcoin. The analyst still expects XRP to rally to four digits and has in the past explained why he believes such an ambitious price target is possible.  XRP Price To Still Rally To $1,000 In an X post, BarriC stated that a potential XRP price rally to between $10 and $20 is just the beginning. He added that the long game for the altcoin is $1,000. The analyst urged market participants to be prepared for life-changing and generational wealth. In his other X posts, BarriC provided a roadmap for how it can reach four digits.  Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? In one post, he stated that once the XRP price reclaims $3, it will move rapidly to $5. The analyst predicts that the altcoin will then skyrocket into double digits, sitting comfortably at between $10 and $20 as a new all-time high. However, BarriC believes that is just the start for XRP as it will still reach $100 and then $1,000.  He asserted that these price targets for XRP will happen much sooner than people think. In another post, the analyst alluded to banks using XRP as one factor that could spark this XRP price surge. BarriC stated that the fact that investors can still accumulate the altcoin at around $2 means that banks aren’t utilizing it yet.  The analyst said that once banks and financial institutions worldwide adopt and utilize XRP in the way they conduct finance, the altcoin will skyrocket to $1,000. He referenced the 2017 bull cycle when the token’s price went from $0.006 to $3.80, which is why he is confident that such a parabolic surge is possible.  The Altcoin Approaching Key Resistance Levels In an X post, crypto analyst CasiTrades stated that the XRP price is approaching key resistance levels following its latest surge. She highlighted $2.69 as the major resistance, as this price level is also the .236 Fib retracement from the all-time high (ATH) and a key level to watch for a correction.  Related Reading: XRP Price To $1,000: Analyst Reveals Target For When Banks Start Using XRP Commenting on the current price action, she noted that what stands out is the continued price increase despite low momentum and a completed 5-wave count. The analyst remarked that this slow, controlled push higher often signals strong underlying demand, strong trend, and heavy accumulation.  CasiTrades stated that if the XRP price breaks and holds above $2.69, it would open the door for an explosive move toward $3. However, if the altcoin doesn’t hold this level, she claimed it could record a short-term dip toward $2.30 for a reset.  At the time of writing, the XRP price is trading at around $2.50, up almost 5% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#crypto #avalanche #avax #altcoin #altcoins #avaxusd

Avalanche’s native token rose in tandem with a surge in on-chain activity. AVAX has been able to sustain a 25% increase in the last week, as the network hit two new highs. Daily transactions reached nearly 11 million on May 11, 2025. Active addresses jumped to 950,000—the most since June 2023. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Record Transaction High According to the Avalanche Foundation, the platform saw its single-day transaction count hit 10.8 million. That figure tops every previous high. It shows a burst of action across DeFi apps, gaming projects, and automated scripts. Some of those transactions come from bots, but many reflect real users swapping tokens or minting NFTs. Activity across the Avalanche network is surging, with milestones achieved on May 11th, 2025: ???? 10.8M+ daily transactions — an all-time high ???? 950K active addresses — highest since June 2023 ???? Nearly 30M contracts deployed — and growing Momentum is building across the… pic.twitter.com/ZfN8PfoJqk — Avalanche Foundation ???? (@AvalancheFDN) May 12, 2025 Active User Growth Based on reports, nearly 950,000 addresses interacted with the network in one day. That is the strongest turnout in almost two years. Everyday people and developers both play a part. Nearly 30 million smart contracts have been deployed on Avalanche so far. Each new contract adds another tool or game for users. Price Moves And Market Trends AVAX broke above $24.55 resistance this week. That move linked up with a broader rally in top tokens, leaving AVAX about 110% higher over the past 14 days. Bitcoin raced past $105,000, and risk assets rallied after a US-China trade deal was signed in Switzerland. Stocks opened sharply higher, and crypto followed suit. Traders say looser trade tensions often lift coins. Avalanche is thriving going into Summit! Can’t wait to share what we and our partners have been working on. Even these numbers will look minuscule in time. https://t.co/5JK5cjNjNV — Emin Gün Sirer????⚔️ (@el33th4xor) May 12, 2025 Outlook For Avalanche Summit The network is heading into its Avalanche Summit in London with strong momentum. Ava Labs founder Emin Gün Sirer posted on X that milestones like these “will look minuscule in time.” He hinted that bigger announcements lie ahead. If new partnerships or protocol upgrades arrive at the summit, both usage and AVAX price could get another boost. The pullback in selling pressure has been in place since February. Now, buyers are stepping in again. That suggests confidence in Avalanche’s tech and its community. The token once hit an all-time high above $146 in November 2021. Since then, it has seen ups and downs, but the recent surge shows users and investors remain interested. Related Reading: Bitcoin’s $104,000 Peak Sparks High-Stakes Short Positions – Details Analysts at Nansen voiced a bullish view, too. Aurelie Barthere said she expects altcoins, equities, and even the US dollar to climb together. That outlook depends on continued positive news—both from markets and from Avalanche itself. For now, Avalanche stands among the top layer-1 blockchains in daily use. The numbers speak for themselves: 10.8 million transactions on a single day, nearly 1 million active addresses, and millions of contracts ready to go. Featured image from Gemini Imagen, chart from TradingView

#bitcoin #crypto #xrp #altcoin #altcoins #memecoins #xrpusd

XRP has joined the recent crypto upswing after Bitcoin pushed back above the $100,000 mark. Prices have climbed into the upper end of the $2 region. That has some traders betting on much higher targets ahead. According to market observers, a mix of classic chart setups points to fresh peaks. But history also shows that big runs often come with sharp pullbacks. Related Reading: Bitcoin Stays Resilient While Wall Street Stumbles – Details XRP Builds On Bitcoin Rally Based on reports, the rally began when Bitcoin broke through key resistance near $100,000. XRP followed suit by rising from around $0.50 in late 2024 to about $3.30 by January 2025. That was a gain of over 500%. Since February 2025, XRP has moved sideways around $2.40. Some traders see this as a quiet pause before the next leap. Others warn that holding a narrow range can trap buyers in false breakouts. Parabolic Run May Set Stage According to crypto analyst Mags, known as “the scalping pro,” this sideways action mirrors the 2017 cycle. Back then, XRP shot up from $0.0055 in March 2017 to $0.3988 in a parabolic phase. After six months of calm, the altcoin blasted to $3.40 in what he calls a blow‑off top. Now, $XRP is going to $7 Shared XRP below $0.5 before it went 6x. The current consolidation looks similar to what we saw back in 2017-18 before the blow off top. Expecting something similar. easy 2-3x from here.. https://t.co/GG8uHFwRvK pic.twitter.com/b9juSGSp5y — Mags (@thescalpingpro) May 10, 2025 Mags expects history to echo again. He predicts an ultimate price of $7.30, about 200% above today’s levels. His chart outlines four stages per cycle: first bounce, accumulation, parabolic climb, then blow‑off top. Triangle Breakout Signals Growth Based on reports from analyst Ali Martinez, there’s another setup in play. He points to a multi‑year symmetrical triangle that ran from January 2018 to November 2024. XRP broke out of that pattern when it surged toward $2 after the US elections last year. If the governing pattern behind $XRP is this symmetrical triangle, the target could be $15. pic.twitter.com/zFICoLyu2x — Ali (@ali_charts) May 11, 2025 Martinez figures the measured move from the triangle could push XRP to $15. That would be a 520% jump from $2.40. He adds that the current pullback may simply be the consolidation phase after the breakout. Related Reading: Bitcoin’s $104,000 Peak Sparks High-Stakes Short Positions – Details XRP: From $0.0028 To $3.92—And Bullish Now XRP’s biggest peak, according to CoinCodex, came on January 4, 2018, when it hit $3.92, and its deepest drop was on July 7, 2014, at just $0.002802. After that all-time high, the token fell to a cycle low of $0.113268 before climbing back up to a cycle high of $3.38. Right now, most price forecasts for XRP are upbeat, and the market’s Fear & Greed Index sits at 70—solidly in the “Greed” zone. Featured image from Unsplash, chart from TradingView

#ethereum #crypto #eth #altcoin #crypto market #ethereum staking #cryptoquant #ethusdt

Ethereum is following the broader crypto market rally with renewed momentum, registering a 38.2% increase in the past week. At the time of writing, ETH is trading above $2,400, continuing its upward trajectory and narrowing the gap between its current price and its all-time high of $4,878 recorded in 2021. The asset’s recent performance has placed it firmly in line with Bitcoin and other major cryptocurrencies, benefiting from revived market confidence. On-chain activity is also beginning to reflect these price movements, especially among Ethereum stakers. According to data shared by CryptoQuant contributor Carmelo Alemán, Ethereum stakers have returned to a state of unrealized profits following a prolonged period of holding at a loss. This shift, the analyst notes, could play a role in shaping the next phase of Ethereum’s market dynamics as staking participants regain confidence in the network’s long-term outlook. Related Reading: Ethereum Price Completes Bullish Structure Break – $3,000 Comes Next Realized Price and Stakeholder Sentiment In his post titled “From Red to Green: Ethereum Stakers Are Back in Profit,” Alemán explained that staked tokens behave differently from regular circulating supply, remaining mostly static and thus excluded from metrics that rely on liquidity or transfer activity. This difference is essential in understanding metrics like the Realized Price, which calculates the average acquisition cost of a given cohort. Since March 3, 2025, Ethereum stakers have been operating under unrealized losses, with the Realized Price at $2,279 and the market price falling to $2,149. However, that changed on May 9, 2025, when the market price of ETH reached $2,297, pushing the staked cohort back into profitability. At that moment, the updated Realized Price stood at $2,276, indicating that a majority of staked tokens were once again held above their cost basis. The renewed profitability could reduce selling pressure and strengthen the resolve of validators and long-term holders who form the backbone of Ethereum’s proof-of-stake consensus model. Implications for Ethereum’s Ecosystem The return to unrealized profits among Ethereum stakers may signal broader positive implications for the network. Alemán emphasized that staked ETH is not only held by individuals seeking yield, but also plays a crucial role in maintaining Ethereum’s network security through validator participation. The shift back into profit territory may encourage new staking activity while discouraging premature withdrawals or profit-taking, helping to stabilize the supply side of the market. Related Reading: Here Are 5 Reasons Ethereum May Reach $12,000 In 2025 – Analyst In addition to individual stakers, institutions and Layer 2 protocol participants may interpret this trend as a bullish indicator for Ethereum’s future trajectory. Alemán noted: This type of price recovery has the potential to trigger new waves of accumulation and participation in the network, further enhancing its security and long-term stability. If ETH maintains this upward trend, we may be witnessing the beginning of a new bullish cycle for Ethereum and its most committed actors, including L2 solutions and other ecosystem players. Featured image created with DALL-E, Chart from TradingView

#ethereum #bitcoin #crypto #eth #btc #ether #altcoin #funding rates #digital asset #cryptocurrency #ethusdt #ethereum news #v-shaped recovery

Ethereum (ETH) has surged over 40% in the past two weeks, trading in the mid-$2,000 range at the time of writing. Notably, several key indicators suggest that the ongoing ETH rally is being driven more by spot market demand than leveraged trading – an encouraging sign of a potentially sustainable bull run. Ethereum Rally Driven By Spot Demand After lagging behind other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for much of the past year, ETH is now showing signs of an organic uptrend. According to CryptoQuant analyst ShayanMarkets, the current momentum appears to be primarily spot-driven, rather than fueled by speculative futures trading. Related Reading: Ethereum Stuck Between Retail Sell-Off And Whale Accumulation, Analyst Explains In a recent CryptoQuant Quicktake post, ShayanMarkets highlighted that ETH funding rates have remained ‘relatively flat’ despite the price surge. This is significant because funding rates are typically a reflection of sentiment in the perpetual futures market. To explain, funding rates are periodic payments exchanged between traders in perpetual futures contracts to keep the contract price aligned with the spot price of the asset. Positive funding rates indicate that long positions are paying shorts, typically signaling bullish market sentiment, while negative rates suggest bearish sentiment. In Ethereum’s case, flat funding rates during this recent rally indicate that the upward price action is being powered by genuine buying in the spot market, not speculative leverage. This makes the uptrend less prone to sudden reversals triggered by mass liquidations. As ShayanMarkets noted: Still, for the bullish momentum to be sustained and validated, funding rates should begin to rise, reflecting increased confidence and more aggressive positioning by futures traders. Meanwhile, other analysts predict further upside for ETH. For instance, noted crypto analyst Ali Martinez recently remarked that if ETH can decisively break through the $2,380 resistance level, then it could enter a new bull rally. In his latest X post, Martinez emphasized that ETH’s new critical support range lies between $2,060 and $2,420. The analyst noted that close to 10 million wallets hold more than 69 million ETH between these levels. New ETH ATH On The Horizon? Although Ethereum remains well below its all-time high (ATH) of $4,878 reached in November 2021, many market watchers believe a new ATH for the second-largest cryptocurrency by market cap could be on the horizon. Related Reading: Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent? In the same vein, crypto analyst Titan of Crypto recently noted that ETH is following a V-shape recovery. The analyst shared the following weekly chart that compares BTC and ETH price action, predicting that ETH is likely to follow BTC’s trajectory. Meanwhile, analyst Ted Pillows outlined five bullish factors that could push ETH to $12,000 in 2025 – including favorable regulatory developments and strong inflows into spot exchange-traded funds (ETF). At press time, ETH trades at $2,555, up 3% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant, X, and TradingView.com

#bitcoin #sec #bitcoin dominance #ripple #xrp #altcoin #euro #xrp price #circle #us securities and exchange commission #xrp news #xrpusd #xrpusdt #rwa tokenization #xrp etfs #real world asset

Following the XRP price’s stellar performance in the current bull cycle, a crypto analyst has now predicted that the value of the third-largest cryptocurrency could soon soar to $10 or more in 2025. This bullish projection is backed by several key factors expected to drive strong demand and boost global adoption.  Factors That Could Push XRP Price To $10 Unlike past cycles, when XRP pumped toward the tail end of the bull market, this time, it has emerged as one of the top-performing altcoins early on. Expanding on this impressive performance, X (formerly Twitter) crypto analyst and XRP supporter Edo Farina has shared a video analysis of the cryptocurrency, predicting the token’s potential price outlook and outlining different factors that could drive this surge.  Related Reading: Analyst Says These Factors Will Drive XRP Price To $1,000, But What Does Market Cap Say? The analyst has highlighted the influence of Bitcoin Dominance (BTC.D), which he sees as a critical indicator for altcoin movements. According to him, BTC.D currently remains relatively high. However, historically, the dominance dropped from 40% to 30%, marking the onset of the altcoin season. This expected drop in Bitcoin’s Dominance could serve as the trigger for a broader altcoin market breakout, positioning the XRP price for a potential 4X rally from current levels. According to Farina, a 4X jump from $2.39 could easily propel XRP toward the $10 mark.  Key to this optimism and bullish outlook is the recent resolution of the lawsuit between the US Securities and Exchange Commission (SEC) and Ripple. With legal battles seemingly behind it, XRP is no longer classified as a security in the US, giving Ripple the green light to offer the token to financial institutions. Farina has suggested that this newfound regulatory clarity is expected to bolster investor confidence and lay the groundwork for global adoption. Achieving a $10 price point will also require more than a shift in market sentiment. Farina explains that it will depend heavily on XRP’s integration into the global financial system. The analyst argues that XRP must become the cornerstone, especially in cross-border payments and Real World Asset (RWA) tokenization. Ripple has already taken significant steps in this direction, reportedly playing a role in the roll-out of the digital Euro.  Ripple is also making strategic acquisitions, such as its acquisition of Hidden Road and the potential  purchase of Circle, which could exponentially expand its influence in traditional finance. The analyst further notes that the possible launch of XRP ETFs could significantly impact the token’s price dynamics. If approved by the SEC and more ETFs hit the market, investor demand is expected to skyrocket, potentially driving prices toward or even beyond $10 in 2025. How Much Will 1,000 XRP Be Worth In 2025? In his analysis, Farina estimated how much 1,000 XRP could be worth in 2025 if its price surges to $10 and above. At $10, a modest holding of 1,000 XRP would be worth $10,000.  Related Reading: XRP Price Still On Bullish Path To $5 As Long As This Level Holds If financial adoption accelerates as Farina projects, XRP could climb well beyond $10, potentially reaching $100. In that scenario, a 1,000 XRP bag could soar to $100,000 profit, potentially offering life-changing returns for long-term investors. Featured image from Getty Images, chart from Tradingview.com

#bitcoin #crypto #xrp #altcoin #altcoins #digital currency #xrpusd

XRP investors are keeping an eye on a crucial price level this week. Bitcoin has managed to reclaim above $100,000 and Ethereum is over $2,300. XRP has recorded a modest increase as well but still hovers at the lower part of the $2 price range. From a chart of a market observer who goes by the name of “Guy on the Earth,” XRP has held above a persistent horizontal trendline at $2. Historical Price Rollercoaster Back in March 2017, XRP burst in price, rising from $0.0055 to a high of $3.80. After peaking at that all-time high in January 2018, it fell hard. XRP initially broke through $2 on December 30, 2017. By January 13, 2018—two weeks later—it dipped below again. That initial test revealed the $2 level was more resistance than support for new buyers. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Failed Breaks After Rally XRP attempted to break past that level once more in April 2021. It peaked at $1.96 but could not make further progress. From January 2018 all the way up to December 2024, the $2 line acted as a ceiling. Traders watched it cap price action for almost seven years. Every time XRP hit against that wall, it fell back into the $1 zone. $XRP Thats about as clean as it gets. This time it is different. This time it’s XRP. pic.twitter.com/9mK8QVuQVX — Guy on the Earth (@guyontheearth) May 9, 2025 Recent Break Above Two Based on reports, XRP finally cleared the $2 trendline in December 2024, when broader markets jumped on a bullish wave. Since then, the coin has stayed above this line for almost five months. That’s a first in XRP’s history. While its bounce hasn’t been as fast as Bitcoin’s or Ethereum’s, holding this level longer than ever feels different. Analyst Predictions And Warnings As per “Guy on the Earth,” remaining above $2 would pave the way for greater prices. He previously predicted an increase to $3.30, which already occurred. His next goal rests at $5.30, where he advises traders to take profit. He said “this time is different” for the altcoin. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Wider Risks And Outlook This trend in prices is just half the story. Ripple’s legal battle against the SEC and regulatory updates for crypto would do the trick. On-chain metrics such as active accounts or large transfers would put some perspective behind that $2 hold. Traders should pay attention to sudden spikes in daily volume around this line. If XRP drops below $1.80 on a daily chart, some analysts will declare the setup invalid. For the moment, however, many view this extension above $2 as a signal that XRP’s next act could be better than its previous one. Featured image from Unsplash, chart from TradingView

#ripple #blockchain technology #altcoin #altcoins #cryptocurrency #xrpusd #xrpusdt

XRP is turning heads again following an impressive show of resilience in recent days, bouncing from lows of $2.08 earlier this week to reclaim $2.4 at the time of writing. This upward momentum, now clocking over 15% gains from its test of the $2 support, has brought with it an interesting historical pattern on XRP’s daily chart. A comparison of XRP’s current price structure with its 2017 trajectory shows that a rare setup may be indicating a massive breakout is on the horizon, with a price target as high as $9. Related Reading: 3.5 Million TRUMP Tokens On The Move—Trump Team Makes A Big Play XRP Price Flashes 1D Death Cross Signal, But Price History Suggests A Twist On the surface, a death cross has appeared on the XRP daily candlestick timeframe chart. This sort of cross occurs when the 50-day moving average crosses below the 200-day moving average, and would typically be interpreted as a bearish sign. However, according to a crypto analyst on the TradingView platform, this might not be the case for XRP.  A closer look at historical precedent from 2017 suggests that this technical signal may not be as bad for XRP as it sounds. Back then, XRP exhibited nearly identical behavior of trading within a descending triangle just before the death cross occurred. That moment marked a deceptive shift, as XRP’s price action quickly flipped direction and exploded to the upside. Within weeks of the 2017 death cross, XRP went on to hit the 1.5 Fibonacci extension zone, delivering returns in excess of 1,350% from its pre-breakout level of $0.23 up until its current all-time high of $3.4. XRP has again spent months consolidating within a tight descending triangle in the 2025 setup leading up to the current death cross which is the first in over a year. Despite the bearish implications of the death cross, the parallels in chart structure with the 2017 pattern and timing have made this formation a bullish wildcard. A similar playout of the 2017 death cross rally would send the XRP price to new all-time highs at the 1.5 Fibonacci extension. In terms of a price target, the analyst noted that the 1.5 Fibonacci extension for this year aligns near the $9.00 price level, which would represent a 325% rally from XRP’s current price. XRP 2017 Price Chart: Image From TradingViewXRP 2025 Price Chart: Image From TradingView Indicators Stay Neutral But Optimistic Notably, the XRP price has a neutral but promising technical outlook across higher timeframes. XRP holds a Relative Strength Index (RSI) of 54.799 on the weekly timeframe. This is mid-range and shows there’s still plenty of room to climb before XRP becomes overbought. The MACD reading at 0.197 indicates mild upward pressure, while the ADX is at 30.423.  Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy At the time of writing, XRP is trading at $2.38. The analyst’s bullish scenario depends significantly on whether institutional interest aligns with the technical breakout. Featured image from Unsplash, chart from TradingView

#dogecoin #meme coins #doge #altcoin #altcoins #cryptocurrency #dogeusdt

After trading in a relatively quiet range for much of April, Dogecoin has started May on a good note. The meme coin has surged over 33% this week, pushing above the $0.22 level due to a new wave of bullish momentum among retail and institutional traders. Amid this recovery, technical indicators are flashing a familiar signal that has led to massive price increases for Dogecoin since 2024. The latest analysis from popular crypto chartist Trader Tardigrade has brought attention to a possible inflection point: a bullish MACD crossover on the weekly timeframe. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling MACD Signal Returns, Points To Explosive Upside For Dogecoin Due to its performance since October 2023, the MACD (Moving Average Convergence Divergence) indicator has become a valuable tool for spotting momentum shifts in Dogecoin’s price cycles. It is now flashing bullish once again. The crossover, where the MACD line crosses above the signal line, has coincided with the beginning of powerful uptrends since the current cycle began in Q4 2023.  According to Trader Tardigrade’s chart, the last two confirmed MACD crossovers on the weekly timeframe led to rallies from $0.06 to $0.23 and from $0.086 to $0.48, respectively. Each of these rallies followed a period of deep corrections, conditions similar to what Dogecoin has witnessed since March 2025. The first MACD crossover in this cycle was in October 2023, which resulted in a 285% rally. The second MACD crossover was in September 2024, which led to an even bigger rally of about 460%, during which Dogecoin surged to multi-year highs of $0.48. The chart also reveals that these MACD crossovers occurred after a rounded bottom pattern. The current price structure looks like that setup, with a higher low rounded bottom and the blue MACD line about to cross to the upside of the orange line. This lends strong credence to the notion that Dogecoin could be on the cusp of another rally, particularly as the overall crypto market sentiment is now positive following Bitcoin’s break above $100,000 again. Image From X: Trader Tardigrade Eyes On $1: Can MACD Rally Repeat One More Time? Now that the MACD crossover is almost underway, the obvious question is whether this can cause Dogecoin to finally reach the elusive $1 mark.  The projected $1 target lies on a long-term ascending resistance trendline that guided the $0.23 and $0.48 tops this cycle. If the pattern holds, and Dogecoin’s MACD crossover plays out as it has in the past, the meme coin might be currently at the start of a third impulsive move. The analyst’s chart draws a projected trajectory that extends toward $1 by mid-year, following a path similar to the other rallies.  Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Achieving the $1 target would require a price surge of about 335% from current levels around $0.23. At the time of writing, Dogecoin is trading at $0.2335, up by 3.4% in the past 24 hours and an intraday high of $0.2569. Featured image from Unsplash, chart from TradingView

#bitcoin #crypto #altcoin #altcoins #digital currency #trump #memecoins #trump token

Based on the latest analysis of Lookonchain, one wallet associated with the TRUMP token group sent a whopping 3.5 million TRUMP tokens on May 10, 2025. That stash is valued at roughly $52.66 million across multiple exchange platforms. When so much enters exchanges all at once, it can trigger massive price movements and increased volatility. Traders indicate they’re paying close attention to order books to determine if prices will fall. Meme-coin community tension is building. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy Massive Token Transfer Between Exchanges According to reports, the 3.5 million‑token decrease was allocated on four key platforms. 1.5 million tokens worth approximately $22.41 million were given to Binance. 1 million tokens, worth around $15.06 million, were distributed to OKX. Both Bybit and Coinbase received 500,000 tokens, approximately worth $7.53 million and $7.48 million, respectively. The wallet linked to the $TRUMP team just deposited 3.5M $TRUMP($52.66M) into exchanges again.https://t.co/9nc4YjTvxEhttps://t.co/Y8lStmCWyw pic.twitter.com/alY3TRv1oz — Lookonchain (@lookonchain) May 10, 2025 Such distribution might facilitate availability for trade or be a starting point in selling. Using the top exchanges’ choice shows the owner’s accessibility. Statistics come directly from the public blockchain. Market Maker Joins The Fray Simultaneously, market maker Cumberland DRW transferred 300,000 tokens to OKX for approximately $4.4 million. Combined with previous deposits, over $24 million worth of TRUMP tokens flowed onto exchanges in recent days. Chain observers noted the timing, as the activity preceded a high-profile political reception on May 22. Some investors are concerned it is a sign of a group exit strategy among large holders. Others point out that market makers will frequently swap tokens to hedge against risk and balance order books. Either situation keeps eyes fixed on the next giant transfer. WLFI Increases Crypto Holdings Meanwhile, a wallet associated with World Liberty Financial purchased 1,587 ETH for approximately $3.5 million. It also acquired 9.7 wrapped Bitcoin, valued at approximately $1 million. That spree comes on the heels of another $19.58 million token deposit that appeared on exchanges on April 29. A wallet likely linked to #Trump’s World Liberty(@worldlibertyfi) bought 1,587 $ETH($3.5M) and 9.7 $WBTC($1M) ~30 minutes ago.https://t.co/0qWkRUhm0D pic.twitter.com/KaYsTQrQ6G — Lookonchain (@lookonchain) May 9, 2025 WLFI is associated with a political figure, which adds to the hype surrounding the TRUMP token. Analysts say this action indicates the group is serious about holding and transferring large amounts in crypto. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling Price Movements Indicate Volatility Despite sell-off fears, TRUMP increased 2.50% over the last 24 hours and was trading at $14.09 at press time. That’s lower than a recent high of $15.15. The token’s market cap is close to $2.85 billion and 24‑hour volume is almost $2.77 billion. Large transactions on the chain such as these will usually initiate quick changes in price. Traders will have their eyes glued on exchange books and social media feeds in the next few days. If another whale decides to shift tokens, markets will respond in an instant. TRUMP token is still at the mercy of its largest holders and the timing of their trades for now. Featured image from Unsplash, chart from TradingView

#ethereum #blockchain technology #altcoin #altcoins #cryptocurrency #ethusd #ethusdt #crypto analyst

After weeks of sideways consolidation and uncertainty, Ethereum appears to have flipped a major psychological and technical corner. Bullish momentum in the past five days has caused Ethereum’s price action to surge past the $2,200 level with conviction, rising more than 32% in the past seven days alone. The breakout comes as Bitcoin crossed the six-figure mark again, lifting the broader crypto market along with it. Related Reading: Bitcoin’s Grip Loosens: Market Expert Says Dominance Has Hit Its Ceiling According to technical analysis of Ethereum’s daily candlestick chart, this rally is more than just a reaction to Bitcoin; it is the start of a new long-term uptrend. $2,200 Breakout Confirms Strength, Analyst Declares End Of Bear Market  The recent surge has lifted Ethereum well beyond $2,000, a price level that acted as a ceiling in late March and early April. According to technical analysis posted on the TradingView platform by crypto analyst MasterAnanda, Ethereum’s bear market is finally over. This comment was made in light of what the analyst called a real bullish action, coupled with really high volume in the past few days. This, in turn, confirms a very strong high in the coming weeks and days, where Ethereum will grow daily non-stop for months. The recent rally has taken the price above the August 5, 2024, and February 3, 2025 lows, highlighted on a chart posted by the analyst on TradingView. The chart also shows that Ethereum broke free convincingly from a steep descending channel pattern that had trapped its price for months. The breakout is convincing because a large green candle accompanied by unusually high trading volume marked the breakout, lending credibility to the view that the bear phase is now over. “This is only the start,” the analyst wrote, adding that Ethereum’s path toward reclaiming its all-time highs is already underway. $5,791 An ‘Easy’ Target, $10,000 Before 2026 ‘Doable’ According to MasterAnanda’s analysis, the current rally could easily carry Ethereum to the 1.618 Fibonacci extension level near $5,791.78. He describes this target as “easy”, given the strength of the breakout and the capital inflow that appears to be building behind it.  Reaching the $5,791 price target would translate to a breakout to uncharted price territories above Ethereum’s current all-time high of $4,878. However, the prediction doesn’t stop there. A $10,000 Ethereum is not only possible but likely before the end of 2025 due to institutional money and retail sentiment flooding into the market. The chart illustrates Ethereum’s recovery path with various Fibonacci levels mapped out, showing resistance and retracement points ranging from $2,421 at the 0.382 extension up to $5,791 at the 1.618 extension. Related Reading: Taiwan Official Proposes Bitcoin As Part Of National Reserve Strategy The analyst noted that around $250 billion in capital could eventually flow into the crypto market during this wave, with $10 to $15 billion already in play. He argues that the euphoric phase will begin once the remaining capital enters. At the time of writing, Ethereum is trading at $2,395.  Featured image from Unsplash, chart from TradingView

#ripple #xrp #altcoin #mica #rsi #coinmarketcap #ema #exponential moving average #fibonacci levels #egrag crypto #rwa tokenization #stochastic relative strength index

XRP analyst Egrag Crypto, who is well-known for offering bullish predictions about the altcoin, has now drawn the crypto community’s attention to another altcoin, XDC. The analyst predicts this crypto token could also witness a remarkable surge and enjoy up to a 3,350% gain as bullish metrics emerge.  XDC To Rally To $2 As Indicators Turn Bullish In an X post, Egrag Crypto stated that XDC will rally to $1 and then easily surge to $2. This came as he remarked that the altcoin’s chart looks “amazing.” First, the XRP analyst noted that the RGB (Red-Green-Blue) indicators perfectly align with the XDC token. Based on this, he asserted that the next move for the altcoin could be a 10x pump. Related Reading: Fartcoin Reaches Critical Make-Or-Break Level: Analyst Reveals What Could Happen From $0.77  This XDC price surge is expected to target the Fibonacci levels between 1.414 and 1.618, rallying to between $0.50 and $0.80. The XRP analyst remarked that this is still below the previous cycle’s blow-off top, when the token soared by 3,350%. He expects XDC to replicate this explosive move, potentially surging to the $2 target.  The XRP analyst alluded to the Stochastic Relative Strength Index (SRSI) as another bullish indicator. He revealed that the SRSI is waving bullish signals. The analyst admitted that there is still a long road for XDC to reach and sustain RSI levels above 80, but claimed that the momentum is definitely on the bulls’ side. In line with this, Egrag Crypto asserted that big moves could just be around for the altcoin.  The Bearish Angle For The Altcoin The XRP analyst also provided a bearish angle for the XDC price. He revealed that the 21 Exponential Moving Average (EMA) is on the verge of crossing below the 33 Moving Average. If that happens, the analyst warned that it could turn super bearish.  Related Reading: Altcoin Season In Danger If Bitcoin Dominance Closes April Above This Level However, he added that this crossover will most likely be avoided and that there could be a blow-off top before the inevitable retracement. The analyst also urged market participants to be attentive as the sharp move higher would come unexpectedly before a big crash to the downside.  From a fundamental perspective, XDC’s outlook also looks bullish. The XDC network just officially joined the MiCA alliance, which is a major step forward in aligning blockchain innovation with regulatory clarity in Europe. The team stated that the network is deeply committed to compliance, transparency, and building long-term trust. Like Ripple’s offering using XRP for cross-border payments, XDC is a layer-1 that offers real-world applications like trade finance, cross-border payments, and RWA tokenization. At the time of writing, the XDC price is trading at around $0.07, up over 1% in the last 24 hours, according to data from CoinMarketCap. Featured image from Getty Images, chart from Tradingview.com

#bitcoin #crypto #ripple #xrp #altcoin

A familiar personality in the XRP online forum has generated buzz with a fresh and sensational prediction regarding the direction of the global financial system. The commentator, known by the handle Pumpius, asserts that a financial reset is already underway—and that only a few individuals who own XRP will be rewarded by it. Related Reading: Binance Buzz: Pi Coin Wallet Activity Triggers Listing Rumors Based on his opinion, 99% of individuals will be left behind since they possess what he refers to as “the wrong assets,” such as fiat or speculative tokens. Just 1%, in his view, the owners of XRP, will be on the correct side of history. XRP Viewed As Something Greater Than A Token Pumpius does not perceive XRP as another cryptocurrency. In his opinion, XRP is something greater. He refers to it as “citizenship paper in the post-reset financial empire.” He opines that once the reset takes place, XRP will be a necessary tool—a part of the system itself. Rather than speculating on hype or meme culture, he explains that XRP investors are positioning themselves to be part of a new financial system. This system, in his assertions, is based on infrastructure rather than on speculation. 99% will be locked out. Not because they’re poor. But because they held the wrong assets. When the global system resets, wealth won’t be counted, It’ll be coded. The 1%? They’ll hold XRP. pic.twitter.com/odPgqi7Inx — Pumpius (@pumpius) May 3, 2025 Claims Of Institutional Testing And Interest Pumpius also referred to what he describes as evidence of the significance of XRP. According to him, the Bank for International Settlements (BIS) has also experimented with XRP. He further stated that the World Bank has charted it and that the International Monetary Fund (IMF) has issued favorable comments regarding the initiative. Also, he mentioned RippleNet’s partnerships with over 40 central banks. While these collaborations and references are usually oblique or not revealed in detail publicly, they still continue to create gossip among the XRP ecosystem. Financial System To Secretly Change In The Backroom? One of the more pressing messages in Pumpius’ remarks is that the transition won’t be noisy or overt. He cautioned that this “flip” to a new system will not be witnessed on the news or heard in alarms. He states the change will be done through quiet protocol updates and silent backend modifications. That is, by the time most of them become aware of it, it could already be too late. That’s why he thinks owning XRP isn’t only wise—it’s imperative. Related Reading: Tether’s $1 Billion Mint Powers Tron — Is A Breakout Brewing? Bold Talk, But Still Speculative These concepts have previously been discussed within XRP communities. Advocates have long stated that XRP is not merely a digital asset—it’s a part of the next financial system. Yet no definitive assurance exists from institutions such as BIS or the IMF that XRP will be an integral component in any forthcoming monetary system. Featured image from Gemini Imagen, chart from TradingView

#ethereum #crypto #eth #ether #technical analysis #altcoin #funding rates #cryptocurrency #on-chain analysis #ethusdt #ethereum news

According to a recent CryptoQuant Quicktake post by on-chain analyst BorisVest, Ethereum (ETH) appears to be stuck in a state of limbo. While retail investors are increasingly sending ETH to exchanges such as Binance – typically a sign of selling pressure – large investors are steadily withdrawing ETH from these platforms, indicating accumulation and long-term confidence. Ethereum Stuck In A Tug-Of-War As ETH inches closer to the $2,000 mark for the first time since March 27, market sentiment appears to be shifting. Optimism is building around the potential for a trend reversal, but on-chain data continues to deliver mixed signals regarding Ethereum’s short- to medium-term direction. Related Reading: Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally? In his analysis, BorisVest highlighted that Ethereum metrics from Binance are sending ‘mixed signals.’ While short-term indicators reveal underlying weakness and investor indecision, longer-term metrics point to resilience and strength. Notably, mean exchange inflows have increased significantly since late 2024, suggesting growing sell pressure from retail traders. This pattern resembles the behavior seen during 2022–2023, when a surge in ETH deposits to exchanges preceded a steep price decline. Similarly, mean exchange outflows have also been rising steadily since October 2023. However, these outflows are largely linked to whale wallets – addresses holding large amounts of ETH – implying that high-net-worth individuals are accumulating rather than selling. This divergence highlights a classic tug-of-war between retail fear and institutional confidence. The analyst also pointed to funding rate trends. He noted that during ETH’s rally to $4,000 in early 2025, funding rates became overly positive as bullish sentiment took hold. This over-leveraged long positioning resulted in a sharp correction, driving ETH’s price down to $1,400 by April. At present, funding rates are hovering in neutral territory, indicating a lack of clear leverage bias. BorisVest noted that if short interest rises and funding rates fall below zero, a short squeeze could ensue – potentially driving prices higher. However, no such setup has formed yet. Meanwhile, the taker buy/sell ratio, which tracks aggressive market orders, showed heavy selling pressure in late 2024 and early 2025 – right before Ethereum’s steep decline. This ratio is now stabilizing, suggesting that sellers may be exhausted and buyers are gradually regaining strength. Change Of Fortunes For ETH? Although ETH is down 34.3% over the past year, several technical and on-chain indicators point toward a potential bullish trend reversal for the second-largest cryptocurrency by market cap. Related Reading: Ethereum Capitulation Nearing Its End? Key On-Chain Metric Reveals Insights For instance, Ethereum recently flashed a golden cross on the daily chart, a bullish indicator that typically leads to major upward moves. Further, there are signs that the cryptocurrency may have already bottomed out for this market cycle.  That said, uncertainty remains. Recently, machine learning algorithm CoinCodex predicted that ETH may witness another crash that may push its price down to $1,500. At press time, ETH trades at $1,966, up 7.8% in the past 24 hours. Featured image created with Unsplash, charts from CryptoQuant and TradingView.com

#ethereum #crypto #eth #altcoin #crypto market #ethusdt #ethereum market

Ethereum has seen renewed upward momentum over the past week, aligning with the broader recovery across the cryptocurrency market. At the time of writing, ETH is trading at $1,989, having climbed 6.4% over the past seven days and registering a 6.7% increase in the last 24 hours. This rebound comes after a period of relative stagnation and appears to be supported by notable on-chain and market developments that point toward growing investor interest and liquidity activity. Recent insights from CryptoQuant analysts suggest that a confluence of exchange outflows and large stablecoin minting may be playing a role in Ethereum’s current trajectory. Related Reading: Ethereum Staking Surges Post-Pectra—Is a Bullish Breakout Brewing? Institutional Signals: Binance Outflows and Stablecoin Activity According to analyst Amr Taha, more than 85,000 ETH were withdrawn from Binance in the hours leading up to ETH’s surge above the $1,900 level. This level of outflow is one of the most significant in recent months and tends to indicate reduced sell-side liquidity. When large amounts of ETH leave exchanges, it typically reflects investor intent to hold or deploy assets elsewhere, decreasing available supply for immediate sale and potentially setting the stage for upward price movements. Taha also highlighted that on May 7, Tether Treasury minted $1 billion in USDT on the TRON blockchain. Such events often precede capital deployment into the crypto market, especially from institutional or over-the-counter (OTC) entities. While the minted USDT does not necessarily enter ETH directly, the timing, coinciding with the ETH price breakout, suggests a strong possibility that some of this liquidity found its way into Ethereum or related trading pairs. These movements combined point to a bullish setup, with reduced exchange reserves and increased capital inflows forming favorable conditions for continued price appreciation. Ethereum Liquidity and Exchange Behavior May Shape Short-Term Trajectory Adding to this narrative, CryptoQuant analyst Darkfost noted a sharp uptick in stablecoin inflows to Binance, with May 6 marking the highest single-day inflow since April. Stablecoins like USDT and USDC are frequently used as a gateway for crypto trading, and inflows to exchanges often suggest that investors are preparing to make purchases. This pattern is often observed at the onset of market rallies, as capital parked in stablecoins gets reallocated into more volatile assets such as ETH and BTC. Related Reading: Ethereum To ‘Witness Big Breakout’ In The Next Two Weeks If This Level Holds Darkfost explained that Binance currently holds the largest stablecoin reserves among all major centralized exchanges. Since November 2024, the trend in reserves has steadily increased, highlighting the exchange’s central role in market activity. A large reserve base signals growing user activity and amplifies the potential impact of new capital entering the market. As this liquidity is gradually deployed, it may act as a catalyst for further price movements across major assets. Featured image created with DALL-E, Chart from TradingView