CryptoNewsCommunity

Worldcoin (WLD) saw a dramatic breakout, gaining more than 37% in a single day, with trading volume surging by nearly 140%. This explosive move was backed by solid fundamentals — including a fresh $135 million investment into the Worldcoin ecosystem.

Rapid Breakout Above Key Resistance
WLD effortlessly broke through the critical $1.40 resistance and surged to new highs. In just 36 hours, the price rallied over 40%. On the daily chart, the bullish trend had already been forming, especially after breaking the psychological $1.00 mark in late April.
Still, markets don’t move in a straight line — and WLD may soon face a healthy pullback.

RSI & OBV Show Strength, But Overheating Signs Emerge
On the 4-hour chart, the RSI hit 87, indicating extreme overbought conditions. The daily RSI also reached 72 — a level that often precedes temporary slowdowns or corrections.
However, the OBV (On-Balance Volume) indicator remains firmly in an uptrend, confirming that volume supports the price action. No bearish divergence has emerged yet, keeping bullish momentum intact.

What’s Next – and When to Enter?
📈 If momentum continues, the next upside target could be $2.00, a key psychological and technical level.

📉 For traders looking to enter a long position, it’s wise to wait for a pullback — ideally to $1.40, the newly flipped support zone. A more conservative re-entry could be at $1.32, the previous local high.
Patience is key — the current surge may cool off temporarily, but the broader trend remains bullish.

Summary
🔹 WLD surged over 37% in one day

🔹 A $135 million investment boosted confidence

🔹 RSI is overbought, but volume still supports growth

🔹 Ideal long entry zones: $1.40 or $1.32

🔹 Next bullish target: $2.00

#Worldcoin , #WLD , #CryptoNewsCommunity , #CryptoAnalysis , #CryptoMarket

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

#Cardano rose 15% following a breakout from a falling channel but failed to break through resistance at $0.84. A bearish engulfing candle now suggests the possibility of a deeper correction.

Read more on: https://thecryptobasic.com/2025/05/23/cardano-rejected-at-0-84-will-the-dip-deepen-to-0-72/
#CryptoNewsCommunity

South Korean actress Hwang Jung-eum is facing legal scrutiny and public backlash after admitting in court to using over $3 million from her own agency’s funds to make personal cryptocurrency investments. The confession has led to swift consequences, including her removal from TV programs and the termination of brand partnerships.

🎬 Edited Out of Show, Dropped by Advertisers
The production team behind "Because I’m Single" on SBS Plus confirmed that Hwang was cut from the show’s final episode, which aired this week.
“Segments featuring Hwang Jung-eum will not appear, and her commentary will be minimized,” producers stated.

Meanwhile, Daesang Wellife Nucare, a health drink brand, withdrew its freshly launched campaign featuring the actress. Posters, videos, and related promotions were removed from the company’s official channels, citing “internal scheduling changes.”

⚖️ Court Admission and Steps Toward Repayment
Last week, Hwang appeared before the Jeju District Court, where she admitted to using ₩4.34 billion (approximately $3.1 million) from her self-managed agency to purchase cryptocurrencies. The agency represented only her and was fully under her control.
She now faces charges under South Korea’s Economic Crimes Enhancement Act.
“I sincerely apologize for the concern I’ve caused. I made the investment with the hope of growing the company, but it was a hasty and immature decision,” Hwang said in a statement released by her new agency, Y.One Entertainment.

💼 Legal Defense: “Funds Originated From Her Own Earnings”
Hwang’s legal team argued that the funds did not technically belong to the agency but were her personal entertainment earnings, temporarily held under the company’s name. This was necessary, they claim, because Korean law prohibits corporations from directly holding cryptocurrency assets.
“Since the agency’s revenue stemmed entirely from her work, the funds can reasonably be considered her own,” her lawyer stated in court.

She has reportedly sold off some crypto holdings to repay a portion of the funds, and plans to liquidate real estate to cover the rest. A second court hearing is scheduled for August.

🧩 Personal Turmoil Adds to Scandal
The scandal coincides with a turbulent chapter in Hwang’s private life, including an ongoing divorce. Her role in “Because I’m Single” had marked a television comeback in October last year — now abruptly overshadowed by legal troubles.

#CryptoScamAlert , #CryptoSecurity , #CryptoNewsCommunity , #worldnews , #BTC

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The Ethereum-based cryptocurrency token MOODENG is showing strong bullish momentum, and analysts now suggest it could climb another 85%, driven by technical indicators, increasing retail activity, and accumulation by large holders.

Nearly 180% Gain From This Year’s Low
According to CoinGecko, MOODENG recently rose by 15.5%, trading around $0.000050 as of the afternoon of May 19 (Asia time). From its lowest point this year, the token has already gained almost 180%, bringing its market cap to roughly $11.39 billion.
The rally is further supported by a sharp increase in trading activity — daily volume surged by 130%, surpassing $12 million, a clear sign of renewed market interest.

Technical Indicators Paint a Bullish Picture
On the 4-hour chart, MOODENG has steadily rebounded from its April low of $0.000018. It is now trading above both short-term and long-term moving averages, suggesting that buyers are in control.

📈 Even more promising, the token broke out of a falling wedge pattern, a classic bullish formation. Adding to the optimism is the formation of a “golden cross,” where the 20-day EMA crossed above the 50-day EMA.
🔹 The last time this crossover occurred, MOODENG jumped 140% from the breakout point.

MACD and RSI Reinforce the Bullish Outlook
Momentum indicators also look favorable:
🔸 The MACD line is rising,

🔸 The RSI currently sits at 56, indicating there's still room to grow before entering overbought territory.

Based on current momentum, analysts estimate MOODENG could reach $0.000093, representing an 85% increase from current levels. This price also aligns with a major resistance zone last tested in early February.

Network Activity and Whale Interest Growing
On-chain data adds fuel to the bullish case. The number of daily active addresses is rising, signaling growing retail participation.
Meanwhile, data from Santiment shows an uptick in addresses holding 10,000 to 100 million MOODENG tokens, suggesting whales are accumulating in anticipation of further gains.

📊 Interestingly, this whale activity coincides with increased Google search volume for MOODENG — another indicator of rising public interest.

Summary
MOODENG has come alive in recent weeks. With key technical signals like a golden cross, a bullish breakout, rising trade volume, and whale accumulation, the token appears poised for a potential 85% move higher.
As of publishing time, MOODENG is trading at $0.000050 — and all eyes are now on the $0.000093 resistance level.

#MOODENG , #memecoin , #CryptoNewsCommunity , #TechnicalAnalysis , #CryptoPredictions

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Kaspa (KAS) is rapidly gaining traction in the crypto world. With its innovative GhostDAG protocol, Kaspa offers high-speed, scalable, and secure transactions, addressing the blockchain trilemma effectively. Currently ranked as the 41st largest cryptocurrency by market cap, KAS has seen a remarkable 301% increase over the past year, boasting a $2.4 billion market cap and a $59 million 24-hour trading volume .

Already listed on prominent exchanges like ByBit, KuCoin, Gate.io, and MEXC, the community is abuzz with speculation about a potential Binance listing. Given its technological advancements and growing popularity, Kaspa could be a valuable addition to Binance's offerings.
Stay tuned for official announcements and consider exploring Kaspa's unique features!
#Kaspa #CryptoNewsCommunity #BinanceListing #BlockchainInnovation #BinanceAlphaAlert
*Note: Always conduct your own research before making investment decisions.*