Ashok929
Open Trade
Occasional Trader
1.6 Years
409 Following
144 Followers
534 Liked
22 Shared
Posts
Quotes
The price of XRP has been moving quietly without any big changes over the past few days. On the daily chart, XRP recently dropped below an important resistance level at $2.34. Right now, it’s finding some support around $2.30, but it keeps struggling to climb back above $2.34, which has turned into a new resistance point.
If the price can break and stay above this level, the next targets would be around $2.44, and then a stronger resistance between $2.55 and $2.62.
For now, the market is still within a bullish trend, meaning it’s making higher lows and higher highs — but a proper bounce is needed soon to keep that uptrend going.
There’s also a chance that XRP is forming an inverse head and shoulders pattern on the daily chart. If this pattern completes and the price breaks above $2.62, it could push XRP to new highs, possibly even beyond $3. However, this pattern is not confirmed yet — it still needs to form the right side of the pattern and break above key resistance levels.
The price has been stuck between $2.15 and $2.31 with no strong move either way. A small five-wave drop was seen from Friday’s high, but it hasn’t led to a bigger price drop.
As long as the market stays below $2.43–$2.44, there’s still some downward pressure. If XRP drops further, key support levels to watch are around $2.15 and $1.95. However, this pullback looks more like a healthy correction rather than the start of a major downtrend.
Even with this short-term weakness, the overall market structure still supports a bullish outlook. There was a clear five-wave move up from the April low to May 12, and now the market seems to be going through a normal pullback phase. As long as XRP stays above the important support at $1.79, the long-term bullish trend remains safe.$XRP $PEPE $SOL
If the price can break and stay above this level, the next targets would be around $2.44, and then a stronger resistance between $2.55 and $2.62.
For now, the market is still within a bullish trend, meaning it’s making higher lows and higher highs — but a proper bounce is needed soon to keep that uptrend going.
There’s also a chance that XRP is forming an inverse head and shoulders pattern on the daily chart. If this pattern completes and the price breaks above $2.62, it could push XRP to new highs, possibly even beyond $3. However, this pattern is not confirmed yet — it still needs to form the right side of the pattern and break above key resistance levels.
The price has been stuck between $2.15 and $2.31 with no strong move either way. A small five-wave drop was seen from Friday’s high, but it hasn’t led to a bigger price drop.
As long as the market stays below $2.43–$2.44, there’s still some downward pressure. If XRP drops further, key support levels to watch are around $2.15 and $1.95. However, this pullback looks more like a healthy correction rather than the start of a major downtrend.
Even with this short-term weakness, the overall market structure still supports a bullish outlook. There was a clear five-wave move up from the April low to May 12, and now the market seems to be going through a normal pullback phase. As long as XRP stays above the important support at $1.79, the long-term bullish trend remains safe.$XRP $PEPE $SOL
Aave (AAVE) surged to a session high of $276.23, marking a 5.69% increase over the past 24 hours. The token now trades at $269.82 with a 24-hour trading volume of $633.89 million, reflecting a slight decline of 0.17%.
Yet, its market capitalization rose 5.42% to $4.07 billion. The fully diluted valuation (FDV) stands at $4.31 billion, supported by a circulating supply of 16 million tokens. Aave’s TVL climbed to $24.67 billion, pushing the market cap/TVL ratio to 0.1645. Volatility remains manageable, with a 24-hour volume-to-market cap ratio of 15.58%.
Technical indicators suggest a potential bullish continuation. The current momentum pushed AAVE above key moving averages. The 9-period EMA crossed above the 21-period EMA at $260.12 and $257.04 respectively, forming a bullish crossover.
A closer reading of the Relative Strength Index (RSI) shows a value of 65.50, suggesting strong but not overbought conditions. The RSI average, at 57.16, adds further weight to the bullish case. If RSI crosses the 70 threshold, it could signal temporary overheating. However, in a bullish phase, RSI often remains elevated longer than expected.
Support sits near $256, which aligns with the 21-period EMA. This level acts as a cushion should prices retrace. A break below that support could lead AAVE toward the $245–$250 zone. On the upside, the immediate resistance remains near the $276–$278 zone. A clean breakout above $278 could open the path to $290 and possibly $300, assuming favorable macro and crypto market sentiment.
Overall, the price structure, indicator behavior, and volume analysis all lean bullish. Any sustained push above $276 could drive AAVE into a new short-term range. However, if macro pressures intensify or volume fades, the $256 level remains crucial for maintaining structure. $BTC $BNB $XRP
Yet, its market capitalization rose 5.42% to $4.07 billion. The fully diluted valuation (FDV) stands at $4.31 billion, supported by a circulating supply of 16 million tokens. Aave’s TVL climbed to $24.67 billion, pushing the market cap/TVL ratio to 0.1645. Volatility remains manageable, with a 24-hour volume-to-market cap ratio of 15.58%.
Technical indicators suggest a potential bullish continuation. The current momentum pushed AAVE above key moving averages. The 9-period EMA crossed above the 21-period EMA at $260.12 and $257.04 respectively, forming a bullish crossover.
A closer reading of the Relative Strength Index (RSI) shows a value of 65.50, suggesting strong but not overbought conditions. The RSI average, at 57.16, adds further weight to the bullish case. If RSI crosses the 70 threshold, it could signal temporary overheating. However, in a bullish phase, RSI often remains elevated longer than expected.
Support sits near $256, which aligns with the 21-period EMA. This level acts as a cushion should prices retrace. A break below that support could lead AAVE toward the $245–$250 zone. On the upside, the immediate resistance remains near the $276–$278 zone. A clean breakout above $278 could open the path to $290 and possibly $300, assuming favorable macro and crypto market sentiment.
Overall, the price structure, indicator behavior, and volume analysis all lean bullish. Any sustained push above $276 could drive AAVE into a new short-term range. However, if macro pressures intensify or volume fades, the $256 level remains crucial for maintaining structure. $BTC $BNB $XRP
Bitcoin has officially surpassed the $111,000 mark and entered new all-time-high territory. However, in spite of this technical milestone, the overall market reaction has been remarkably subdued. This recent surge feels more like a grind than an explosive move in contrast to the euphoria-fueled rally of 2021 or the parabolic runs of 2017. In terms of technical analysis, Bitcoin is still strongly rising.
The 50-day EMA is now comfortably above the 200-day, confirming a golden cross. The breakout above the resistance level of $102,000 has held firm, and volume is increasing gradually. When you look more closely, though, you start to see indications of overextension. The price has moved far from short-term moving averages and the RSI is well into overbought territory at 77, indicating that a possible correction is imminent.
Even though the ATH breakout occurred, the lack of substantial capital inflow is more telling. In previous cycles, breaking an ATH usually resulted in a surge of institutional and retail purchases. This time, rather than fresh liquidity flooding the market, it appears to be more about existing capital rotating and shorts being squeezed. Bitcoin's recent sharp increase was aided by $239 million in short liquidations, but if new buyers do not enter the market, that momentum may not last.
The ATH is more psychological than market-defining in this situation. While it is a confirmation of the long-term bullish structure, it has not yet set off the type of rally driven by FOMO that we have witnessed in past cycles. Short-term upside might be constrained in the absence of that catalyst.
Before the next leg, Bitcoin might need to cool off. It would not be shocking to see a correction toward the $101,000-$102,000 breakout zone, which might offer more solid support for a long-term upward move. The new ATH is more of a checkbox than a party until actual inflows make a comeback.$BTC $ETH $PEPE
The 50-day EMA is now comfortably above the 200-day, confirming a golden cross. The breakout above the resistance level of $102,000 has held firm, and volume is increasing gradually. When you look more closely, though, you start to see indications of overextension. The price has moved far from short-term moving averages and the RSI is well into overbought territory at 77, indicating that a possible correction is imminent.
Even though the ATH breakout occurred, the lack of substantial capital inflow is more telling. In previous cycles, breaking an ATH usually resulted in a surge of institutional and retail purchases. This time, rather than fresh liquidity flooding the market, it appears to be more about existing capital rotating and shorts being squeezed. Bitcoin's recent sharp increase was aided by $239 million in short liquidations, but if new buyers do not enter the market, that momentum may not last.
The ATH is more psychological than market-defining in this situation. While it is a confirmation of the long-term bullish structure, it has not yet set off the type of rally driven by FOMO that we have witnessed in past cycles. Short-term upside might be constrained in the absence of that catalyst.
Before the next leg, Bitcoin might need to cool off. It would not be shocking to see a correction toward the $101,000-$102,000 breakout zone, which might offer more solid support for a long-term upward move. The new ATH is more of a checkbox than a party until actual inflows make a comeback.$BTC $ETH $PEPE
As it traces a course back toward the crucial $0.30 level, Dogecoin is making yet another determined effort to regain its gains. DOGE has now decisively broken through the descending trendline, which usually marks the end of a correction phase and the start of a possible recovery rally following a period of consolidation and a steep retracement from prior highs. DOGE is heading toward a crucial test at $0.25, a level that has historically served as strong resistance and is currently trading close to $0.24.
A breakout with significant volume could push the rally to $0.28-$0.30, which could act as a structural and psychological ceiling. The configuration appears promising from a technical standpoint. A potential momentum expansion phase is indicated by the 26 EMA converging with the 50 and 100 EMAs. When accompanied by a distinct pattern breakout, as is the case with the falling wedge that DOGE has just exited, this alignment frequently signals the start of a stronger bullish move.
But traders should exercise caution. If DOGE is unable to break and hold above the $0.25 resistance, there is still a chance of a double top. An immediate retreat back toward support at the 100 EMA or around $0.21 may result from this. This most recent upswing has seen a steady increase in volume, which suggests that interest is returning but is not yet at levels that point to euphoric buying.$BNB $DOGE $BTC
A breakout with significant volume could push the rally to $0.28-$0.30, which could act as a structural and psychological ceiling. The configuration appears promising from a technical standpoint. A potential momentum expansion phase is indicated by the 26 EMA converging with the 50 and 100 EMAs. When accompanied by a distinct pattern breakout, as is the case with the falling wedge that DOGE has just exited, this alignment frequently signals the start of a stronger bullish move.
But traders should exercise caution. If DOGE is unable to break and hold above the $0.25 resistance, there is still a chance of a double top. An immediate retreat back toward support at the 100 EMA or around $0.21 may result from this. This most recent upswing has seen a steady increase in volume, which suggests that interest is returning but is not yet at levels that point to euphoric buying.$BNB $DOGE $BTC
Shiba Inu is displaying signs of regaining strength. The meme-inspired asset has shown signs of a possible change in momentum by convincingly rebounding off the 100 EMA. Due to the subsequent uptick, SHIB has regained its position above the $0.0000150 mark, which is a short-term psychological threshold. This important support level held firm. More encouraging is the 26 EMA's behavior, which is currently curling upward and closely following the price.
This is a technical indication that buyers are taking back control and that short-term sentiment is improving, and it frequently signals the start of a momentum expansion phase. If this pattern continues, SHIB might make a serious effort to take back the 200 EMA, which is currently serving as resistance close to the $0.000016 mark.
The return of the asset to a medium-term uptrend would be confirmed by a successful break above the 200 EMA. Traders ought to exercise caution, though, as a double top could form. If volume does not support further upside, the previous high at $0.000017 might serve as a cap, and a failure to break higher could cause a retracement back toward the 100 EMA.
The current bounce appears to be more of a technical relief move than a euphoric breakout, as volume is still low when compared to previous breakouts. However, gains could accelerate if SHIB is able to draw in enough buy-side pressure to break through the 200 EMA.$BTC $XRP $PEPE
This is a technical indication that buyers are taking back control and that short-term sentiment is improving, and it frequently signals the start of a momentum expansion phase. If this pattern continues, SHIB might make a serious effort to take back the 200 EMA, which is currently serving as resistance close to the $0.000016 mark.
The return of the asset to a medium-term uptrend would be confirmed by a successful break above the 200 EMA. Traders ought to exercise caution, though, as a double top could form. If volume does not support further upside, the previous high at $0.000017 might serve as a cap, and a failure to break higher could cause a retracement back toward the 100 EMA.
The current bounce appears to be more of a technical relief move than a euphoric breakout, as volume is still low when compared to previous breakouts. However, gains could accelerate if SHIB is able to draw in enough buy-side pressure to break through the 200 EMA.$BTC $XRP $PEPE
On the daily time frame, XRP is getting very close to breaking below an important support zone between $2.30 and $2.34. If the price closes a daily candle under $2.30, it could open the door for a further drop, falling back toward the $2.10–$2.15 range.
Despite this risk, the overall daily price structure for XRP remains bullish. The market has continued forming higher lows and higher highs, which is typically a healthy sign during an uptrend. However, temporary pullbacks and sideways moves are common even in bullish trends.
On the upside, a clear break above the $2.48–$2.61 resistance range is needed to confirm a meaningful bullish breakout and signal the start of a larger move higher. At the time of writing, XRP is trading at $2.40 and is up by more than 1% in the last 24 hours.
XRP is still under the influence of a bearish divergence. As a result, XRP is struggling to move higher and remains stuck within a range. The market has yet to see a clear breakout in either direction..
Right now, XRP’s price is caught between support and resistance. Both bullish and bearish possibilities remain on the table. A small bounce into the resistance zone is possible in the short term, but unless the price breaks through those upper levels, the overall market picture won’t change much.
It’s also important to keep an eye on Bitcoin’s price action since it continues to influence the broader altcoin market, including XRP. However, Bitcoin has crossed above $110k level and it remains to be seen if altcoins will also rally.
In the bullish case, XRP might see a short-term rally into resistance, followed by a brief correction, and then continue higher.
In the alternative, XRP could start a direct rally from current support levels if buyers step in.$BTC $XRP $BNB
Despite this risk, the overall daily price structure for XRP remains bullish. The market has continued forming higher lows and higher highs, which is typically a healthy sign during an uptrend. However, temporary pullbacks and sideways moves are common even in bullish trends.
On the upside, a clear break above the $2.48–$2.61 resistance range is needed to confirm a meaningful bullish breakout and signal the start of a larger move higher. At the time of writing, XRP is trading at $2.40 and is up by more than 1% in the last 24 hours.
XRP is still under the influence of a bearish divergence. As a result, XRP is struggling to move higher and remains stuck within a range. The market has yet to see a clear breakout in either direction..
Right now, XRP’s price is caught between support and resistance. Both bullish and bearish possibilities remain on the table. A small bounce into the resistance zone is possible in the short term, but unless the price breaks through those upper levels, the overall market picture won’t change much.
It’s also important to keep an eye on Bitcoin’s price action since it continues to influence the broader altcoin market, including XRP. However, Bitcoin has crossed above $110k level and it remains to be seen if altcoins will also rally.
In the bullish case, XRP might see a short-term rally into resistance, followed by a brief correction, and then continue higher.
In the alternative, XRP could start a direct rally from current support levels if buyers step in.$BTC $XRP $BNB
Pendle [PENDLE], the $700 million market cap DeFi token, has made bullish advances on its price charts over the past few weeks. Pendle crypto’s recovery from its long-term range lows at $2.2 seemed to be a sign of bullish belief.
At the time of writing, the token seemed to be heading towards the opposite end of the range. However, it still faces some major challenges.
On the 3-day chart, Pendle was able to breach the bearish order block at $3.64. In doing so, it flipped the market structure on this timeframe from bearish to bullish. This structure shift came after a retest of the nearly 18-month-long range low at $2.2.
This range extended from $2.22 to $7, with the mid-range level at $4.62. PENDLE was trading at $4.28 at press time and was about to challenge the mid-range resistance.
At the time of writing, the MFI on the 3-day chart was nearing 80, but had not formed a bearish divergence yet. Overall, the higher timeframe bias remained bullish. A move past $4.62 would offer a buying opportunity, with a take-profit target price of $7.
A short-term price dip to $4.2 might be possible to retest the mid-channel level before climbing higher once more.
The 2-week liquidation heatmap revealed that such a dip might not go too far south. There was a small pocket of liquidity at $4.2-$4.23, and another at $4.11. A larger magnetic zone lay to the north, at $4.5.
The $4.5-$4.55 region represented a more attractive target for the price. Combined with the momentum and buying pressure behind Pendle crypto on the 4-hour timeframe, it seemed likely that the price would rally higher once again. It could test $4.5 next, and also the mid-range level at $4.62.
$BTC $XRP $BNB
At the time of writing, the token seemed to be heading towards the opposite end of the range. However, it still faces some major challenges.
On the 3-day chart, Pendle was able to breach the bearish order block at $3.64. In doing so, it flipped the market structure on this timeframe from bearish to bullish. This structure shift came after a retest of the nearly 18-month-long range low at $2.2.
This range extended from $2.22 to $7, with the mid-range level at $4.62. PENDLE was trading at $4.28 at press time and was about to challenge the mid-range resistance.
At the time of writing, the MFI on the 3-day chart was nearing 80, but had not formed a bearish divergence yet. Overall, the higher timeframe bias remained bullish. A move past $4.62 would offer a buying opportunity, with a take-profit target price of $7.
A short-term price dip to $4.2 might be possible to retest the mid-channel level before climbing higher once more.
The 2-week liquidation heatmap revealed that such a dip might not go too far south. There was a small pocket of liquidity at $4.2-$4.23, and another at $4.11. A larger magnetic zone lay to the north, at $4.5.
The $4.5-$4.55 region represented a more attractive target for the price. Combined with the momentum and buying pressure behind Pendle crypto on the 4-hour timeframe, it seemed likely that the price would rally higher once again. It could test $4.5 next, and also the mid-range level at $4.62.
$BTC $XRP $BNB
XRP price attempted a fresh decline below the $2.450 zone, unlike Bitcoin and Ethereum. There was a move below the $2.40 and $2.350 levels. The price even tested the $2.2850 zone.
A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair.
The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80.
If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level. The next major support is near the $2.320 level.
If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone.$XRP $BNB $BTC
A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair.
The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high.
The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80.
If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level. The next major support is near the $2.320 level.
If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone.$XRP $BNB $BTC
Since hitting a local high of $0.3344 a week ago, Stellar [XLM] has traded within a descending channel. Over the past week, XLM has declined to hit a local high of $0.276. In fact, at the time of writing, XLM was trading at $0.2799.
This marked a 4.26% decline in 24 hours. On the weekly charts, the altcoin was down by 11.1%.
This strong decline over the past week has left crypto analysts talking over the altcoin’s trajectory. One of them is Ali Martinez, with the analyst hinting at a prospective decline to $0.23.
In his analysis, Martinez noted that Stellar could face a strong price correction as bearish momentum builds. According to him, XLM must hold the $0.27-level to avoid further losses. A breach below this level will see the altcoin find the next support around $0.23.
Sellers have offloaded 82.62 million XLM tokens over the past 24 hours, as per Coinalyze data. A negative delta of -15.6 million XLM meant that bears are in control of the market now.
Simply put, Stellar is seeing strong downward pressure with bears dominating the market. A continuation of the prevailing trend will position XLM to register more losses. Therefore, if the bears continue to dominate the market, the selling pressure will push the price further down.
A drop on the altcoin’s price charts from its press time rates will see XLM find support around $0.263. If this fails to hold, further decline will send XLM to $0.252. In the short term, a drop to $0.23 projected by Martinez may be unlikely unless its’s a sustained decline.
For a trend reversal though, XLM must hold above $0.27.
$BTC $BNB $XLM
This marked a 4.26% decline in 24 hours. On the weekly charts, the altcoin was down by 11.1%.
This strong decline over the past week has left crypto analysts talking over the altcoin’s trajectory. One of them is Ali Martinez, with the analyst hinting at a prospective decline to $0.23.
In his analysis, Martinez noted that Stellar could face a strong price correction as bearish momentum builds. According to him, XLM must hold the $0.27-level to avoid further losses. A breach below this level will see the altcoin find the next support around $0.23.
Sellers have offloaded 82.62 million XLM tokens over the past 24 hours, as per Coinalyze data. A negative delta of -15.6 million XLM meant that bears are in control of the market now.
Simply put, Stellar is seeing strong downward pressure with bears dominating the market. A continuation of the prevailing trend will position XLM to register more losses. Therefore, if the bears continue to dominate the market, the selling pressure will push the price further down.
A drop on the altcoin’s price charts from its press time rates will see XLM find support around $0.263. If this fails to hold, further decline will send XLM to $0.252. In the short term, a drop to $0.23 projected by Martinez may be unlikely unless its’s a sustained decline.
For a trend reversal though, XLM must hold above $0.27.
$BTC $BNB $XLM
The Fartcoin price has pulled back from its highest point this month and is at risk of further downside as smart money investors sell and exchange balances rise.
At last check Sunday, Fartcoin (FARTCOIN) traded at $1.20, down 14.35% from its highest point this month.
The daily chart shows that the Fartcoin price surged from a low of $0.20 in March to $1.4677 earlier this month. This rally helped to spark the recent surge in Solana (SOL) memecoins, which helped to turn their market cap from $6 billion to $15 billion today.
On the positive side, Fartcoin price remains above the 61.8% Fibonacci Retracement level and the 50-day moving average. However, it has also formed a rising wedge pattern, a popular bearish reversal sign in technical analysis.
Therefore, the outlook is bearish if it is below the resistance point at $1.4677. A move above that level will point to more gains to $2. However, there is also a risk that the Fatcoin price will drop below $1.
$BNB $XRP
At last check Sunday, Fartcoin (FARTCOIN) traded at $1.20, down 14.35% from its highest point this month.
The daily chart shows that the Fartcoin price surged from a low of $0.20 in March to $1.4677 earlier this month. This rally helped to spark the recent surge in Solana (SOL) memecoins, which helped to turn their market cap from $6 billion to $15 billion today.
On the positive side, Fartcoin price remains above the 61.8% Fibonacci Retracement level and the 50-day moving average. However, it has also formed a rising wedge pattern, a popular bearish reversal sign in technical analysis.
Therefore, the outlook is bearish if it is below the resistance point at $1.4677. A move above that level will point to more gains to $2. However, there is also a risk that the Fatcoin price will drop below $1.
$BNB $XRP
Dogecoin Price Tests Panic Zone At $0.21, Breakdown Could Lead To Price Crash
Dogecoin is currently showing signs of selling pressure after shedding much of the bullish momentum it had gathered in late April and early May. Technical analysis of the Dogecoin price shows that the meme cryptocurrency is precariously hovering just above a key support level that puts it one step away from a downtrend.
Dogecoin’s distribution phase between May 9 and 11 ended in the $0.2600 range, eventually marking the end of its latest bullish impulse. From that point, the price has been falling steadily, entering what the analyst describes as the correction or dump phase. This has caused the meme coin to test the 0.214 level, the current panic zone. A confirmed breakdown below this panic zone, particularly beneath the 0.2135 support line, would not only liquidate long positions but also likely intensify selling pressure, eventually leading to what could become an uncontrolled price decline.
Interestingly, this correction price action has been characterized by lower highs, leading to the formation of a triangle pattern that’s visible on the 2-hour timeframe.This would open the door to downside targets closer to $0.20 and possibly even $0.19.
The immediate resistance lies at $0.222 and $0.2307, representing key zones Dogecoin must reclaim to negate the current bearish setup. A move above these points, especially if the price consolidates above $0.23, will invalidate the bearish breakdown structure and could renew bullish sentiment.
On the other hand, support levels of $0.2145 and $0.2135 are currently the final shields holding back further declines. A close below $0.2135 would confirm the continuation of the downtrend and push the Dogecoin price into a lower consolidation zone, with limited immediate support until $0.20126 and $0.19298.
At the time of writing, Dogecoin is trading at $0.22, up 1.72% over the past 24 hours. This slight recovery hints at early signs of strength and may already be undermining the bearish setup. Although this slight recovery is not enough on its own to confirm a bullish reversal, it does show that buyers are attempting to regain some control. If this momentum can be sustained into the new week, it could gradually pave the way for a more sustained move higher for Dogecoin during the week.$BTC $BNB
Dogecoin’s distribution phase between May 9 and 11 ended in the $0.2600 range, eventually marking the end of its latest bullish impulse. From that point, the price has been falling steadily, entering what the analyst describes as the correction or dump phase. This has caused the meme coin to test the 0.214 level, the current panic zone. A confirmed breakdown below this panic zone, particularly beneath the 0.2135 support line, would not only liquidate long positions but also likely intensify selling pressure, eventually leading to what could become an uncontrolled price decline.
Interestingly, this correction price action has been characterized by lower highs, leading to the formation of a triangle pattern that’s visible on the 2-hour timeframe.This would open the door to downside targets closer to $0.20 and possibly even $0.19.
The immediate resistance lies at $0.222 and $0.2307, representing key zones Dogecoin must reclaim to negate the current bearish setup. A move above these points, especially if the price consolidates above $0.23, will invalidate the bearish breakdown structure and could renew bullish sentiment.
On the other hand, support levels of $0.2145 and $0.2135 are currently the final shields holding back further declines. A close below $0.2135 would confirm the continuation of the downtrend and push the Dogecoin price into a lower consolidation zone, with limited immediate support until $0.20126 and $0.19298.
At the time of writing, Dogecoin is trading at $0.22, up 1.72% over the past 24 hours. This slight recovery hints at early signs of strength and may already be undermining the bearish setup. Although this slight recovery is not enough on its own to confirm a bullish reversal, it does show that buyers are attempting to regain some control. If this momentum can be sustained into the new week, it could gradually pave the way for a more sustained move higher for Dogecoin during the week.$BTC $BNB
As the altcoin revival gathers steam, one familiar memecoin is back in the spotlight. Dogecoin [DOGE] has surged over 12% in the past 24 hours — outpacing not just its peers, but even Bitcoin in key on-chain metrics.
With transaction volume and active addresses spiking to multi-month highs, DOGE’s resurgence is more than just a meme-fueled bounce.
Dogecoin has emerged as the surprise standout of this early altseason rally, notching a dramatic lead over Bitcoin in both transactional activity and network engagement.
According to data, DOGE recorded a 41.12% spike in large transaction volume and a 34.91% jump in daily active addresses — far outpacing Bitcoin, which saw double-digit declines in both metrics.
The pattern implies a bullish continuation, especially if DOGE clears the $0.20-$0.25 resistance range.
If momentum holds and broader altseason tailwinds persist, the road to $0.74 — or even $1 — is no longer a meme-fueled fantasy, but a technically grounded forecast.
The daily chart adds fuel to the rally narrative, flashing a bullish MACD crossover alongside a rising RSI now above 60. The sharp uptick in volume and strong green candle close at $0.181 suggest renewed buying pressure.
If DOGE breaks above the immediate resistance near $0.185, short-term traders may target the psychological $0.20 mark next.$BTC #DinnerWithTrump
With transaction volume and active addresses spiking to multi-month highs, DOGE’s resurgence is more than just a meme-fueled bounce.
Dogecoin has emerged as the surprise standout of this early altseason rally, notching a dramatic lead over Bitcoin in both transactional activity and network engagement.
According to data, DOGE recorded a 41.12% spike in large transaction volume and a 34.91% jump in daily active addresses — far outpacing Bitcoin, which saw double-digit declines in both metrics.
The pattern implies a bullish continuation, especially if DOGE clears the $0.20-$0.25 resistance range.
If momentum holds and broader altseason tailwinds persist, the road to $0.74 — or even $1 — is no longer a meme-fueled fantasy, but a technically grounded forecast.
The daily chart adds fuel to the rally narrative, flashing a bullish MACD crossover alongside a rising RSI now above 60. The sharp uptick in volume and strong green candle close at $0.181 suggest renewed buying pressure.
If DOGE breaks above the immediate resistance near $0.185, short-term traders may target the psychological $0.20 mark next.$BTC #DinnerWithTrump
Ethereum [ETH] may finally be shaking off its months-long slump. After breaking its persistent downtrend for the first time since February, ETH is now holding firm above $1,600 and setting its sights on the psychological $2,000 level.
At the same time, Total Value Locked (TVL) on Ethereum Layer 1 has climbed to $190 billion – its highest in months – signaling a resurgence of investor confidence in the first altcoin.
Ethereum has officially broken out of its multi-month downtrend. The breakout, marked clearly with a yellow arrow, is Ethereum’s first major technical shift since February 2025.
ETH is now holding above the crucial $1,600 support, and if this level sustains, analysts suggest a push toward the $2,000 mark could be on the horizon.
As ETH holds above $1,600 following its recent breakout, traders are eyeing the $2,000 resistance as the next major hurdle.
A successful breach could open the path toward $2,500-$3,000 in the medium term. However, the $1,600 support remains crucial; a drop below this level might signal a potential reversal.
Upcoming macroeconomic events, particularly any indications of Federal Reserve rate cuts by June, could influence ETH’s trajectory.
Cooling inflation increases the odds of such cuts, potentially boosting risk assets like Ethereum. Notably, a wallet linked to the Ethereum Foundation recently transferred 1,000 ETH to Kraken, raising concerns about a possible sell-off.$ETH
At the same time, Total Value Locked (TVL) on Ethereum Layer 1 has climbed to $190 billion – its highest in months – signaling a resurgence of investor confidence in the first altcoin.
Ethereum has officially broken out of its multi-month downtrend. The breakout, marked clearly with a yellow arrow, is Ethereum’s first major technical shift since February 2025.
ETH is now holding above the crucial $1,600 support, and if this level sustains, analysts suggest a push toward the $2,000 mark could be on the horizon.
As ETH holds above $1,600 following its recent breakout, traders are eyeing the $2,000 resistance as the next major hurdle.
A successful breach could open the path toward $2,500-$3,000 in the medium term. However, the $1,600 support remains crucial; a drop below this level might signal a potential reversal.
Upcoming macroeconomic events, particularly any indications of Federal Reserve rate cuts by June, could influence ETH’s trajectory.
Cooling inflation increases the odds of such cuts, potentially boosting risk assets like Ethereum. Notably, a wallet linked to the Ethereum Foundation recently transferred 1,000 ETH to Kraken, raising concerns about a possible sell-off.$ETH
After a price decline of over 70%, Avalanche [AVAX] is poised for an upside rally. This bullish speculation is driven by the current price action and growing interest from traders and investors in the asset.
On-chain analytics firm IntoTheBlock revealed that participation from whales and investors in AVAX has skyrocketed, resulting in a 169% jump in large transaction volume at press time.
This surge in the asset’s trading volume appears to be a bullish sign, as it coincides with AVAX breaking out from a bullish price action pattern.
At press time, AVAX was trading near $20.05, having recorded a price decline of 2.50% over the past 24 hours.
During the same period, its overall trading volume jumped by 22%, indicating heightened participation from traders and investors.
This surge in trading volume reflects strong interest from traders, and if it follows a breakout, it indicates a bullish opportunity.
Based on recent price action, if the price breaks out and closes a daily candle above the $21 level, there is a strong possibility it could initially rally by 21% to reach the $25.15 level.
If the upside momentum continues, it could further propel the asset by another 25%, reaching the $31.40 level in the coming days.$BTC #MarketRebound
On-chain analytics firm IntoTheBlock revealed that participation from whales and investors in AVAX has skyrocketed, resulting in a 169% jump in large transaction volume at press time.
This surge in the asset’s trading volume appears to be a bullish sign, as it coincides with AVAX breaking out from a bullish price action pattern.
At press time, AVAX was trading near $20.05, having recorded a price decline of 2.50% over the past 24 hours.
During the same period, its overall trading volume jumped by 22%, indicating heightened participation from traders and investors.
This surge in trading volume reflects strong interest from traders, and if it follows a breakout, it indicates a bullish opportunity.
Based on recent price action, if the price breaks out and closes a daily candle above the $21 level, there is a strong possibility it could initially rally by 21% to reach the $25.15 level.
If the upside momentum continues, it could further propel the asset by another 25%, reaching the $31.40 level in the coming days.$BTC #MarketRebound
XRP, at the time of writing, seemed to have entered a period of low volatility, with the Bollinger Bands tightening on the 4-hour chart. This could be seen as a classic precursor to a significant breakout.
In fact, the price has continued to consolidate between $2.04 and $2.08 – A sign of minimal momentum in either direction.
The chart revealed an inverse head-and-shoulders pattern, a formation often associated with bullish reversals. Its neckline aligned closely with the $2.20 resistance level – A zone XRP has failed to break multiple times throughout April.
At press time, XRP was trading at $2.12, following gains of 2.95% in 24 hours, while maintaining its price strength above $2.07. Therefore, if the bulls manage to clear $2.20, the next significant level would sit at $2.48, based on the altcoin’s recent highs.
Momentum in the derivatives market has rapidly intensified too, providing further validation to the ongoing bullish setup. Trading volume spiked by over 70%, with the same standing at $4.22 billion at press time. Similarly, the Open Interest grew by 5.91% to $3.32 billion – A sign of fresh inflows into XRP positions.
Options markets are exploding with activity, with volumes surging by 177.77% and Options Open Interest climbing by 60.77% – Indicative of heightened expectations of volatility and directional movement.
These sharp hikes implied that market participants are aggressively positioning themselves ahead of a possible breakout, with a clear bias favoring upside continuation.
With a bullish chart structure, surging derivatives volumes, hike in leverage, and healthy on-chain activity, XRP might be exhibiting one of its strongest breakout setups in recent weeks. The key now lies in how price reacts to the $2.20 resistance.
If bulls successfully flip this level into support, the likelihood of a rapid rally towards $2.48 becomes far more realistic. Therefore, XRP’s convergence of bullish signals could finally translate into a breakout. Especially if buyers maintain pressure and capitalize on the prevailing market momentum
In fact, the price has continued to consolidate between $2.04 and $2.08 – A sign of minimal momentum in either direction.
The chart revealed an inverse head-and-shoulders pattern, a formation often associated with bullish reversals. Its neckline aligned closely with the $2.20 resistance level – A zone XRP has failed to break multiple times throughout April.
At press time, XRP was trading at $2.12, following gains of 2.95% in 24 hours, while maintaining its price strength above $2.07. Therefore, if the bulls manage to clear $2.20, the next significant level would sit at $2.48, based on the altcoin’s recent highs.
Momentum in the derivatives market has rapidly intensified too, providing further validation to the ongoing bullish setup. Trading volume spiked by over 70%, with the same standing at $4.22 billion at press time. Similarly, the Open Interest grew by 5.91% to $3.32 billion – A sign of fresh inflows into XRP positions.
Options markets are exploding with activity, with volumes surging by 177.77% and Options Open Interest climbing by 60.77% – Indicative of heightened expectations of volatility and directional movement.
These sharp hikes implied that market participants are aggressively positioning themselves ahead of a possible breakout, with a clear bias favoring upside continuation.
With a bullish chart structure, surging derivatives volumes, hike in leverage, and healthy on-chain activity, XRP might be exhibiting one of its strongest breakout setups in recent weeks. The key now lies in how price reacts to the $2.20 resistance.
If bulls successfully flip this level into support, the likelihood of a rapid rally towards $2.48 becomes far more realistic. Therefore, XRP’s convergence of bullish signals could finally translate into a breakout. Especially if buyers maintain pressure and capitalize on the prevailing market momentum
Shiba Inu (SHIB) has been gaining attention with its latest surge, currently priced at $0.0001232. As of April 2025, SHIB has shown a 6.02% increase, reflecting a notable move in the market. This price action has led to predictions of further growth, with a short-term target of $0.0001570 in sight. Traders and analysts are closely monitoring SHIB’s behavior, as it approaches key resistance levels. The cryptocurrency has shown consistent volatility, which could present both risks and opportunities for investors.
Shiba Inu’s price has recently seen a sharp increase, reaching $0.0001232. This movement comes after a period of consolidation, where SHIB traded in a range between $0.0001100 and $0.0001200. However, the token has now broken through resistance levels and is eyeing higher price points. The immediate target for SHIB is $0.0001570, where it faces its next major resistance. If SHIB can break this barrier, it may continue its ascent towards new highs.
Moreover, the $0.0001570 level marks a key price point where previous market activity showed signs of strong resistance. Hence, the market is watching to see whether SHIB can maintain its momentum to test these higher price levels. Successful movement past this point would signal further bullish sentiment in the market, potentially attracting more buyers.
Additionally, market indicators show that Shiba Inu could maintain its upward momentum if it continues to find support at $0.0001200. A sustained support level in this range would indicate that SHIB has the strength to push towards its short-term target of $0.0001570. Consequently, traders should watch for any signs of pullbacks or consolidation that might affect this rally.
$BTC $BNB $SHIB #BTCNextATH
Shiba Inu’s price has recently seen a sharp increase, reaching $0.0001232. This movement comes after a period of consolidation, where SHIB traded in a range between $0.0001100 and $0.0001200. However, the token has now broken through resistance levels and is eyeing higher price points. The immediate target for SHIB is $0.0001570, where it faces its next major resistance. If SHIB can break this barrier, it may continue its ascent towards new highs.
Moreover, the $0.0001570 level marks a key price point where previous market activity showed signs of strong resistance. Hence, the market is watching to see whether SHIB can maintain its momentum to test these higher price levels. Successful movement past this point would signal further bullish sentiment in the market, potentially attracting more buyers.
Additionally, market indicators show that Shiba Inu could maintain its upward momentum if it continues to find support at $0.0001200. A sustained support level in this range would indicate that SHIB has the strength to push towards its short-term target of $0.0001570. Consequently, traders should watch for any signs of pullbacks or consolidation that might affect this rally.
$BTC $BNB $SHIB #BTCNextATH
Shiba Inu (SHIB) the top meme coin is showing strong bullish potential with a confirmed double-bottom pattern and rising open interest.
Based on recent price action and historical patterns, if the meme coin closes a daily candle above the $0.00001565 level, there is a strong possibility it could soar by 30% to reach the $0.000020 level.
During the rally, the meme coin initially surged 10% to confirm the double-bottom pattern. Once this pattern is breached, the meme coin could continue its upward momentum to hit the $0.000020 level.
Despite this bullish outlook, the meme coin remains below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that the asset is still in a downtrend.
SHIB is currently trading near $0.00001565 and has surged over 5.10% in the past 24 hours. However, during the same period, its trading volume dropped by 32%, indicating lower participation from traders and investors compared to the previous day.
With this bullish price action, the sentiment among traders and long-term investors appears to differ. Data from Coinglass suggests that traders are bullish, as they seem to be taking advantage of the current price momentum, leading to increased long positions and a 6% jump in the meme coin’s open interest.
Meanwhile, long-term holders have been dumping their holdings. According to data, exchanges have witnessed an inflow of $1.21 million worth of the meme coin in the past 24 hours, indicating a potential sell-off.
Shiba Inu (SHIB) could soar by 30% to reach the $0.000020 level if it holds itself above the $0.00001565 level.
Despite a bullish outlook, exchanges have witnessed an inflow of $1.21 million worth of meme coins.#VIRTUALWhale #TokenMovementSignals $ETH
Based on recent price action and historical patterns, if the meme coin closes a daily candle above the $0.00001565 level, there is a strong possibility it could soar by 30% to reach the $0.000020 level.
During the rally, the meme coin initially surged 10% to confirm the double-bottom pattern. Once this pattern is breached, the meme coin could continue its upward momentum to hit the $0.000020 level.
Despite this bullish outlook, the meme coin remains below the 200 Exponential Moving Average (EMA) on the daily timeframe, indicating that the asset is still in a downtrend.
SHIB is currently trading near $0.00001565 and has surged over 5.10% in the past 24 hours. However, during the same period, its trading volume dropped by 32%, indicating lower participation from traders and investors compared to the previous day.
With this bullish price action, the sentiment among traders and long-term investors appears to differ. Data from Coinglass suggests that traders are bullish, as they seem to be taking advantage of the current price momentum, leading to increased long positions and a 6% jump in the meme coin’s open interest.
Meanwhile, long-term holders have been dumping their holdings. According to data, exchanges have witnessed an inflow of $1.21 million worth of the meme coin in the past 24 hours, indicating a potential sell-off.
Shiba Inu (SHIB) could soar by 30% to reach the $0.000020 level if it holds itself above the $0.00001565 level.
Despite a bullish outlook, exchanges have witnessed an inflow of $1.21 million worth of meme coins.#VIRTUALWhale #TokenMovementSignals $ETH
XRP price has been moving sideways over the past seven days, reflecting market indecision. Although it is still down almost 15% in the last 30 days, its RSI is currently neutral at 55.1, showing balanced momentum after recovering from near-oversold levels.
XRP whale addresses have been declining recently, suggesting caution among large holders. Yet, the numbers remain historically high, indicating continued interest. XRP could either challenge resistance at $2.83 or test critical support at $2.52 if selling pressure intensifies.
XRP’s Relative Strength Index (RSI) is currently at 55.1, down from a recent peak of 62 two days ago but up significantly from 33.2 just three days ago.
This shows that buying momentum has increased over the past few days, pushing XRP RSI higher after almost reaching oversold territory. However, the drop from 62 suggests that the buying pressure is cooling off slightly, with XRP now in a neutral zone
This level indicates balanced momentum, leaving the price direction uncertain in the short term
RSI is a momentum oscillator that ranges from 0 to 100, measuring the speed and change of price movements. Typically, an RSI above 70 is considered overbought, signaling a potential pullback, while an RSI below 30 is considered oversold, suggesting a possible buying opportunity
With XRP’s RSI at 55.1, it is above the neutral 50 mark, showing slightly more buying pressure than selling pressure. This could indicate a cautious bullish sentiment, with the potential for XRP to continue its upward movement if buying interest remains strong
If the RSI starts to decline below 50, it could signal weakening momentum and a possible price pullback
If an uptrend develops, XRP could first test the resistance at $2.83, and breaking above it could lead to targets at $3.15 or even $3.28, its highest levels since the end of January
Conversely, if a downtrend emerges, the support at $2.52 is crucial. A break below this level could lead to a drop to $2.33, and if selling pressure continues, it could fall as low as $1.77
$ETH
XRP whale addresses have been declining recently, suggesting caution among large holders. Yet, the numbers remain historically high, indicating continued interest. XRP could either challenge resistance at $2.83 or test critical support at $2.52 if selling pressure intensifies.
XRP’s Relative Strength Index (RSI) is currently at 55.1, down from a recent peak of 62 two days ago but up significantly from 33.2 just three days ago.
This shows that buying momentum has increased over the past few days, pushing XRP RSI higher after almost reaching oversold territory. However, the drop from 62 suggests that the buying pressure is cooling off slightly, with XRP now in a neutral zone
This level indicates balanced momentum, leaving the price direction uncertain in the short term
RSI is a momentum oscillator that ranges from 0 to 100, measuring the speed and change of price movements. Typically, an RSI above 70 is considered overbought, signaling a potential pullback, while an RSI below 30 is considered oversold, suggesting a possible buying opportunity
With XRP’s RSI at 55.1, it is above the neutral 50 mark, showing slightly more buying pressure than selling pressure. This could indicate a cautious bullish sentiment, with the potential for XRP to continue its upward movement if buying interest remains strong
If the RSI starts to decline below 50, it could signal weakening momentum and a possible price pullback
If an uptrend develops, XRP could first test the resistance at $2.83, and breaking above it could lead to targets at $3.15 or even $3.28, its highest levels since the end of January
Conversely, if a downtrend emerges, the support at $2.52 is crucial. A break below this level could lead to a drop to $2.33, and if selling pressure continues, it could fall as low as $1.77
$ETH
Ethereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst
Ethereum has experienced a prolonged consolidation below key resistance levels, struggling to find momentum as it continues to trade sideways. The price has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. With ETH facing selling pressure and unable to reclaim the $2,800 mark, investors are growing concerned about its ability to recover.
Ethereum is holding at crucial demand levels, making the next move critical for its short-term direction. If buyers step in and reclaim the $2,800 level, it could signal a trend reversal and open the door for a rally above $3,000. However, failure to hold support could lead to further downside, increasing selling pressure. With uncertainty looming, traders are closely watching ETH’s price action for confirmation of its next move.
Ethereum investors are trying to stay calm amid ongoing volatility, but fear continues to grow that ETH could see further downside if it fails to reclaim key levels. The price remains stuck in a tight range, trading between crucial liquidity levels of short-term demand and supply. Market sentiment is divided—some investors anticipate a deeper correction and prolonged consolidation, while others believe Ethereum is on the verge of a recovery rally.
According to Runefelt, the target for this potential breakout is $3,055, a level that could serve as a turning point for ETH’s short-term trend. However, Ethereum must first reclaim the $2,800 mark and hold above it to confirm the start of a recovery phase.
If Ethereum successfully breaks above this resistance, it could trigger a strong rally, pushing prices back toward the $3,000 level. On the other hand, failure to hold support could lead to another wave of selling pressure. With uncertainty looming, all eyes are on ETH as traders await confirmation of its next major move.
Ethereum is trading at $2,750 after nearly two weeks of struggling to reclaim the $2,700 level. While bulls have held above key support levels, ETH remains stuck below crucial resistance, making price direction uncertain. The most critical level that bulls must reclaim is the $2,800 mark, which has acted as a strong supply zone for weeks.
If Ethereum closes above the $2,800 level and holds above it, bullish momentum could build up, leading to a breakout. The next major target would be the 200-day Moving Average, which sits around $2,930. A push above this moving average would signal strength and open the door for ETH to test the $3,000 mark.
However, if ETH fails to break above $2,800 and faces rejection, the market could see renewed selling pressure. This scenario would likely send ETH back toward the $2,600 level, testing lower demand zones. With Ethereum trading in a tightening range, a breakout or breakdown seems imminent. Bulls need to step up and reclaim lost ground quickly, or bears may take control and push ETH into lower price levels. The next few daily closes will be crucial in determining Ethereum’s short-term direction.#OnChainInsights $LTC
Ethereum is holding at crucial demand levels, making the next move critical for its short-term direction. If buyers step in and reclaim the $2,800 level, it could signal a trend reversal and open the door for a rally above $3,000. However, failure to hold support could lead to further downside, increasing selling pressure. With uncertainty looming, traders are closely watching ETH’s price action for confirmation of its next move.
Ethereum investors are trying to stay calm amid ongoing volatility, but fear continues to grow that ETH could see further downside if it fails to reclaim key levels. The price remains stuck in a tight range, trading between crucial liquidity levels of short-term demand and supply. Market sentiment is divided—some investors anticipate a deeper correction and prolonged consolidation, while others believe Ethereum is on the verge of a recovery rally.
According to Runefelt, the target for this potential breakout is $3,055, a level that could serve as a turning point for ETH’s short-term trend. However, Ethereum must first reclaim the $2,800 mark and hold above it to confirm the start of a recovery phase.
If Ethereum successfully breaks above this resistance, it could trigger a strong rally, pushing prices back toward the $3,000 level. On the other hand, failure to hold support could lead to another wave of selling pressure. With uncertainty looming, all eyes are on ETH as traders await confirmation of its next major move.
Ethereum is trading at $2,750 after nearly two weeks of struggling to reclaim the $2,700 level. While bulls have held above key support levels, ETH remains stuck below crucial resistance, making price direction uncertain. The most critical level that bulls must reclaim is the $2,800 mark, which has acted as a strong supply zone for weeks.
If Ethereum closes above the $2,800 level and holds above it, bullish momentum could build up, leading to a breakout. The next major target would be the 200-day Moving Average, which sits around $2,930. A push above this moving average would signal strength and open the door for ETH to test the $3,000 mark.
However, if ETH fails to break above $2,800 and faces rejection, the market could see renewed selling pressure. This scenario would likely send ETH back toward the $2,600 level, testing lower demand zones. With Ethereum trading in a tightening range, a breakout or breakdown seems imminent. Bulls need to step up and reclaim lost ground quickly, or bears may take control and push ETH into lower price levels. The next few daily closes will be crucial in determining Ethereum’s short-term direction.#OnChainInsights $LTC
XRP has seen significant market activity, with large-scale transactions and increasing whale accumulation shaping its price movements.
Analysts note XRP following a structured pattern, and its price action aligns with predicted wave formations. Recent transfers from a major U.S. exchange to unknown wallets have drawn attention, sparking speculation on future price trends.
Dark Defender, a cryptocurrency analyst, suggests that XRP is moving in line with established technical patterns. Following Wave 2, XRP is expected to continue through the 3rd to 5th waves on the daily chart.
Key support levels are positioned at $2.4467 and $1.9996, while resistances are at $2.6052, $3.3999, $5.8563, and beyond $8. These levels provide insight into potential breakout points, indicating areas where the asset might see increased buying or selling pressure.
EGRAG CRYPTO, another analyst, highlights the importance of XRP closing above the $2.69-$2.73 range on the 4-hour time frame. This level could determine whether XRP sustains a bullish momentum or faces further consolidation. A close above these levels would strengthen its uptrend, while failure to do so might introduce additional volatility.
The movement of large amounts of XRP from centralized exchanges to unknown wallets has raised interest among market participants.
Whale Alert reported a significant transfer of 20 million XRP, valued at approximately $50.66 million, from Gemini to an undisclosed address. This transaction contributed to the wallet’s holdings, now totaling around 43.73 million XRP worth $112 million.
Large withdrawals from exchanges are commonly interpreted as bullish signals, as major investors tend to acquire assets on platforms with high liquidity before moving them into private custody.
Whether this movement represents an internal transaction by Gemini or a significant investor’s purchase remains uncertain. However, such shifts can influence market sentiment, encouraging traders to adjust their positions.$ETH #PriceTrendAnalysis
Analysts note XRP following a structured pattern, and its price action aligns with predicted wave formations. Recent transfers from a major U.S. exchange to unknown wallets have drawn attention, sparking speculation on future price trends.
Dark Defender, a cryptocurrency analyst, suggests that XRP is moving in line with established technical patterns. Following Wave 2, XRP is expected to continue through the 3rd to 5th waves on the daily chart.
Key support levels are positioned at $2.4467 and $1.9996, while resistances are at $2.6052, $3.3999, $5.8563, and beyond $8. These levels provide insight into potential breakout points, indicating areas where the asset might see increased buying or selling pressure.
EGRAG CRYPTO, another analyst, highlights the importance of XRP closing above the $2.69-$2.73 range on the 4-hour time frame. This level could determine whether XRP sustains a bullish momentum or faces further consolidation. A close above these levels would strengthen its uptrend, while failure to do so might introduce additional volatility.
The movement of large amounts of XRP from centralized exchanges to unknown wallets has raised interest among market participants.
Whale Alert reported a significant transfer of 20 million XRP, valued at approximately $50.66 million, from Gemini to an undisclosed address. This transaction contributed to the wallet’s holdings, now totaling around 43.73 million XRP worth $112 million.
Large withdrawals from exchanges are commonly interpreted as bullish signals, as major investors tend to acquire assets on platforms with high liquidity before moving them into private custody.
Whether this movement represents an internal transaction by Gemini or a significant investor’s purchase remains uncertain. However, such shifts can influence market sentiment, encouraging traders to adjust their positions.$ETH #PriceTrendAnalysis
Login to explore more contents