ETH/USDT Analysis Pair: ETH/USDT Current Price: $1,768.75 24H Change: -3.25% RSI(6): 40.81 – Near Oversold Support Level: $1,731.70 Resistance Levels: $1,798.21 (MA25), $1,800.90 (MA99)
Prediction: ETH has just bounced off the $1,731.70 support with a noticeable wick indicating buyer interest. With RSI nearing oversold territory and price below major moving averages, a short-term rebound toward $1,798 is possible. However, failure to hold above $1,760 could trigger a retest of $1,730 or lower.
Outlook: Cautious Bullish Short-Term Strategy: Wait for confirmation candle above $1,770 or look for RSI divergence near support.
Prediction: NEIRO is showing signs of forming a local bottom around $0.00021709. Despite the downtrend, short-term bullish divergence could form if RSI holds above 45 and volume increases. Breaking above $0.00023094 would be the first bullish confirmation.
Outlook: Sideways to Slight Bullish Strategy: Consider small positions near support with stop-loss below $0.000217. Stronger confirmation needed above MA99.
PEPE/USDT Technical Analysis & Short-Term Outlook (April 30, 2025)
Current Price: 0.00000869 USDT 24H Change: -4.71% RSI (6): 41.49 (Neutral to slightly bearish) Volume (24h): 13.12T PEPE
After reaching an intraday high of 0.00000981, PEPE/USDT saw a sharp correction, dropping to a low of 0.00000845, and is currently consolidating near 0.00000869. The price has dipped below key moving averages, with the MA(7) at 0.00000878 and MA(25) at 0.00000890, indicating short-term bearish pressure.
Key Observations:
RSI near 41 suggests that while we're not yet in oversold territory, there's weakening buying pressure.
Price is ranging between the support at 0.00000845 and resistance near 0.00000928–0.00000945.
Volume spikes on dips hint at possible accumulation by smart money.
Prediction: If PEPE holds above the 0.00000845 support level and regains 0.00000890, we could see a short-term recovery toward 0.00000915–0.00000945. However, failure to hold above support may trigger a dip to 0.00000820 or lower.
Conclusion: Caution is advised for new entries. Short-term traders may consider a bounce play from the support zone with tight stop-losses, while long-term holders might view this dip as a healthy correction in an overall upward trend (30-day performance: +25.76%). #BinanceAlphaAlert #AirdropSafetyGuide #AirdropFinderGuide $PEPE
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Binance acting as adviser to governments on crypto regulations
Binance, the world’s biggest cryptocurrency exchange, which in 2023 pleaded guilty to US criminal charges, is advising several countries on creating their own digital assets regulations and establishing national strategic bitcoin reserves. Richard Teng, the firm’s chief executive, told the Financial Times that the US’s more crypto-friendly approach under President Donald Trump, including plans to set up a regulatory framework for digital assets and a national stockpile, was spurring other countries into taking similar action.
Compared to many other jurisdictions, [the US] are way ahead on that front,” Teng said. The firm has “been approached by quite a lot” of countries to “[help] them with formulating their regulatory framework to govern crypto”, he added. He declined to name countries that the firm is working with. The news comes less than 18 months after Binance pleaded guilty to criminal charges related to money laundering and breaching international financial sanctions, and agreed to pay more than $4.3bn in penalties. Co-founder and chief executive Changpeng Zhao stepped down and was replaced by Teng. Zhao later served four months in prison. Earlier this year France deepened its investigation into Binance on suspicion it broke European money laundering and terrorist financing laws between 2019 and 2024. Binance has denied the allegations and said it will “vigorously fight any charges made against it”.
Decentralized Finance Adoption in Yemen Amid US Sanctions Yemeni citizens are increasingly turning to decentralized finance (DeFi) protocols to access banking services amidst US sanctions targeting the Houthi group. Previously, challenges such as internet infrastructure issues and low financial literacy hindered crypto adoption in the war-torn region. However, a report from TRM Labs highlights a growing interest in DeFi driven by necessity rather than speculation. DeFi platforms dominate Yemen's crypto web traffic, accounting for 63% of activity, while global centralized exchanges make up 18%. Some locals utilize peer-to-peer crypto transactions for cross-border fund transfers. With no crypto regulations in place, TRM Labs suggests that escalating sanctions against the Houthis could lead to increased crypto adoption in Yemen. The use of cryptocurrency by the Houthis is expected to expand as traditional financial channels face restrictions, making decentralized digital currencies a more appealing and less traceable alternative. Read more AI-generated news on: https://app.chaingpt.org/news$BTC $ETH $BNB
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$ETH Galaxy Digital moved another 12#,500 ETH , worth $20.28M, to Binance ten hours ago, adding to a total of 37,500 $ETH ($60.4M) d eposited to the exchange over the past four days. What’s driving Galaxy Digital’s aggressive $ETH transfers to Binance?