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$USDC As of May 16, 2025, the top meme coins by market capitalization are as follows: 1. Dogecoin ($DOGE ) Price: $0.23 Market Cap: $33.9 billion 24h Change: -1.07% Overview: The original meme coin, Dogecoin continues to lead the market, buoyed by its strong community and widespread recognition. 2. Shiba Inu ($SHIB ) Price: $0.000015 Market Cap: $8.9 billion 24h Change: -1.36% Overview: Often dubbed the "Dogecoin killer," Shiba Inu has carved out its niche with a robust ecosystem and active community engagement. 3. Pepe ($PEPE ) Price: $0.000014 Market Cap: $5.69 billion 24h Change: -1.28% Overview: Inspired by the popular internet meme, Pepe has gained traction for its cultural relevance and meme appeal. 4. Official Trump ($PEPE ) Price: $12.95 Market Cap: $2.59 billion 24h Change: +0.72% Overview: A politically themed meme coin, TRUMP has seen significant interest, particularly among supporters of the former U.S. president. 5. Bonk ($BONK ) Price: $0.000021 Market Cap: $1.66 billion 24h Change: -1.86% Overview: As a Solana-based meme coin, Bonk has attracted attention for its rapid growth and community-driven initiatives. 6. Fartcoin ($FARTCOIN ) Price: $1.29 Market Cap: $1.29 billion 24h Change: -0.06% Overview: Embracing humor, Fartcoin has leveraged its novelty to gain a foothold in the meme coin market. 7. dogwifhat $WIF ) Price: $1.02 Market Cap: $1.02 billion 24h Change: -6.52% Overview: Known for its quirky branding, WIF has cultivated a dedicated following within the meme coin community. 8. FLOKI ($FLOKI ) Price: $0.000035 Market Cap: $1.01 billion 24h Change: -1.12% Overview: Named after Elon Musk's dog, FLOKI combines meme culture with ambitious project developments. 📊 Market Overview Total Meme Coin Market Cap: Approximately $75.9 billion 24h Trading Volume: Around $12.4 billion 24h Market Cap Change: -3.5% 🔍 Noteworthy Trends
$USDC As of May 16, 2025, the top meme coins by market capitalization are as follows:

1. Dogecoin ($DOGE )

Price: $0.23

Market Cap: $33.9 billion

24h Change: -1.07%

Overview: The original meme coin, Dogecoin continues to lead the market, buoyed by its strong community and widespread recognition.

2. Shiba Inu ($SHIB )

Price: $0.000015

Market Cap: $8.9 billion

24h Change: -1.36%

Overview: Often dubbed the "Dogecoin killer," Shiba Inu has carved out its niche with a robust ecosystem and active community engagement.

3. Pepe ($PEPE )

Price: $0.000014

Market Cap: $5.69 billion

24h Change: -1.28%

Overview: Inspired by the popular internet meme, Pepe has gained traction for its cultural relevance and meme appeal.

4. Official Trump ($PEPE )

Price: $12.95

Market Cap: $2.59 billion

24h Change: +0.72%

Overview: A politically themed meme coin, TRUMP has seen significant interest, particularly among supporters of the former U.S. president.

5. Bonk ($BONK )

Price: $0.000021

Market Cap: $1.66 billion

24h Change: -1.86%

Overview: As a Solana-based meme coin, Bonk has attracted attention for its rapid growth and community-driven initiatives.

6. Fartcoin ($FARTCOIN )

Price: $1.29

Market Cap: $1.29 billion

24h Change: -0.06%

Overview: Embracing humor, Fartcoin has leveraged its novelty to gain a foothold in the meme coin market.

7. dogwifhat $WIF )

Price: $1.02

Market Cap: $1.02 billion

24h Change: -6.52%

Overview: Known for its quirky branding, WIF has cultivated a dedicated following within the meme coin community.

8. FLOKI ($FLOKI )

Price: $0.000035

Market Cap: $1.01 billion

24h Change: -1.12%

Overview: Named after Elon Musk's dog, FLOKI combines meme culture with ambitious project developments.

📊 Market Overview

Total Meme Coin Market Cap: Approximately $75.9 billion

24h Trading Volume: Around $12.4 billion

24h Market Cap Change: -3.5%

🔍 Noteworthy Trends
$ETH ▪️Bitcoin Breaks New Ground Bitcoin (BTC) has soared to a staggering $104,000, marking one of its highest price points to date. The surge comes as investors across the globe continue pouring money into the leading cryptocurrency, fueled by optimism in the market and growing confidence in its long-term value. ▪️Spot Market Takes the Lead What’s driving this rally? It’s the spot market—real-time purchases of Bitcoin without leverage or derivatives. This shows genuine buying interest, particularly from large institutions. More and more major players are moving into Bitcoin, viewing it as a hedge and a long-term asset worth holding. ▪️Macroeconomic Push Recent economic signals, including softening inflation in the U.S., have added fuel to Bitcoin’s rise. There’s growing belief that the Federal Reserve may cut interest rates soon, which tends to push investors toward non-traditional assets like crypto. With the U.S. dollar weakening slightly, Bitcoin is becoming even more attractive. ▪️Retail Slows Down, Institutions Step Up Interestingly, while the price is climbing, retail participation seems to be slowing. Fewer individual investors are chasing the rally, while institutions are steadily increasing their positions. It’s a sign that Bitcoin is maturing into an asset class dominated by long-term strategies rather than short-term speculation. ▪️What’s Next? Even as inflows into spot ETFs have cooled compared to last month, Bitcoin’s price is holding firm. That’s a strong sign of confidence in the market. If momentum continues, we may be looking at a new base forming above $100,000—a level once thought distant, now within reach. Bitcoin isn’t just making headlines; it’s making history. $BTC
$ETH
▪️Bitcoin Breaks New Ground

Bitcoin (BTC) has soared to a staggering $104,000, marking one of its highest price points to date. The surge comes as investors across the globe continue pouring money into the leading cryptocurrency, fueled by optimism in the market and growing confidence in its long-term value.

▪️Spot Market Takes the Lead

What’s driving this rally? It’s the spot market—real-time purchases of Bitcoin without leverage or derivatives. This shows genuine buying interest, particularly from large institutions. More and more major players are moving into Bitcoin, viewing it as a hedge and a long-term asset worth holding.

▪️Macroeconomic Push

Recent economic signals, including softening inflation in the U.S., have added fuel to Bitcoin’s rise. There’s growing belief that the Federal Reserve may cut interest rates soon, which tends to push investors toward non-traditional assets like crypto. With the U.S. dollar weakening slightly, Bitcoin is becoming even more attractive.

▪️Retail Slows Down, Institutions Step Up

Interestingly, while the price is climbing, retail participation seems to be slowing. Fewer individual investors are chasing the rally, while institutions are steadily increasing their positions. It’s a sign that Bitcoin is maturing into an asset class dominated by long-term strategies rather than short-term speculation.

▪️What’s Next?

Even as inflows into spot ETFs have cooled compared to last month, Bitcoin’s price is holding firm. That’s a strong sign of confidence in the market. If momentum continues, we may be looking at a new base forming above $100,000—a level once thought distant, now within reach.

Bitcoin isn’t just making headlines; it’s making history.

$BTC
BTC’s recent rally appears to be fueled by spot market demand, not excessive leverage, according to K33 Research. That undercurrent of buying, especially from retail and Asia-based wealth managers, could help sustain bullish sentiment, even if near-term price action remains range-bound. Nick Ruck of LVRG Research added that the lull in price may stem from caution ahead of upcoming macroeconomic data and concerns about the longer-term impact of recent U.S. trade deals. "The lull in activity may stem from anticipated volatility ahead of future macroeconomic and policy reports, along with investor reactions to inflation fears from American consumers that drove less spending in the country last month," Ruck said. "Traders are cautiously bullish as the US trade deals push prices higher, but concerns remain about the long-term impact from tariffs after the deals with major trading partners have been finalized," he added. For now, markets are holding their breath just below key breakout levels, with the next decisive move likely to reset direction across the board
BTC’s recent rally appears to be fueled by spot market demand, not excessive leverage, according to K33 Research. That undercurrent of buying, especially from retail and Asia-based wealth managers, could help sustain bullish sentiment, even if near-term price action remains range-bound.

Nick Ruck of LVRG Research added that the lull in price may stem from caution ahead of upcoming macroeconomic data and concerns about the longer-term impact of recent U.S. trade deals.

"The lull in activity may stem from anticipated volatility ahead of future macroeconomic and policy reports, along with investor reactions to inflation fears from American consumers that drove less spending in the country last month," Ruck said.

"Traders are cautiously bullish as the US trade deals push prices higher, but concerns remain about the long-term impact from tariffs after the deals with major trading partners have been finalized," he added.

For now, markets are holding their breath just below key breakout levels, with the next decisive move likely to reset direction across the board
My 30 Days' PNL
2025-04-17~2025-05-16
+$2.23
+111.08%
Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.
Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.
My 30 Days' PNL
2025-04-17~2025-05-16
+$2.23
+111.08%
#EthereumSecurityInitiative XRP fell over 4% in the past 24 hours, leading losses among major cryptocurrencies as the broader market stalls after last week’s sharp rally. Bitcoin continues to hover above $104,000, with traders predicting a steady rise past $105,000, a level now acting as both psychological and technical resistance. The crypto market's total capitalization declined 2% to $3.3 trillion, according to CoinGecko, with majors such as Ethereum (ETH) and Solana (SOL) also pausing near their 200-day moving averages — a region that may either signal consolidation or the start of a short-term pullback. “Bitcoin has been smoothly forming a top for the past seven days,” said Alex Kuptsikevich, chief market analyst at FxPro. “This kind of setup typically signals a correction is due, especially when paired with slippage in equities and profit-taking in gold.” The Crypto Fear & Greed Index dipped slightly from 73 to 70, still in “greed” territory but suggesting momentum has faded. SignalPlus’s Augustine Fan said markets may continue to grind higher unless equities roll over, but warned that BTC is likely to struggle against interim resistance at $105,000. He noted Ethereum may benefit more in the near term as part of a broader crypto uptrend, especially with improving inflows and relative strength in altcoins. Fan also reiterated a macro shift in capital allocation that favors crypto. “We think the 'anti-dollar' ledge is more structural this time around,” he said. “Investors are increasingly rotating into emerging markets, precious metals, and crypto as a way to hedge geopolitical and currency risk.” with investor reactions to inflation fears from American consumers that drove less spending in the country last month," Ruck said. "Traders are cautiously bullish as the US trade deals push prices higher, but concerns remain about the long-term impact from tariffs after the deals with major trading partners have been finalized," he added.
#EthereumSecurityInitiative XRP fell over 4% in the past 24 hours, leading losses among major cryptocurrencies as the broader market stalls after last week’s sharp rally.

Bitcoin continues to hover above $104,000, with traders predicting a steady rise past $105,000, a level now acting as both psychological and technical resistance.

The crypto market's total capitalization declined 2% to $3.3 trillion, according to CoinGecko, with majors such as Ethereum (ETH) and Solana (SOL) also pausing near their 200-day moving averages — a region that may either signal consolidation or the start of a short-term pullback.

“Bitcoin has been smoothly forming a top for the past seven days,” said Alex Kuptsikevich, chief market analyst at FxPro. “This kind of setup typically signals a correction is due, especially when paired with slippage in equities and profit-taking in gold.”

The Crypto Fear & Greed Index dipped slightly from 73 to 70, still in “greed” territory but suggesting momentum has faded.

SignalPlus’s Augustine Fan said markets may continue to grind higher unless equities roll over, but warned that BTC is likely to struggle against interim resistance at $105,000. He noted Ethereum may benefit more in the near term as part of a broader crypto uptrend, especially with improving inflows and relative strength in altcoins.

Fan also reiterated a macro shift in capital allocation that favors crypto. “We think the 'anti-dollar' ledge is more structural this time around,” he said. “Investors are increasingly rotating into emerging markets, precious metals, and crypto as a way to hedge geopolitical and currency risk.”

with investor reactions to inflation fears from American consumers that drove less spending in the country last month," Ruck said.

"Traders are cautiously bullish as the US trade deals push prices higher, but concerns remain about the long-term impact from tariffs after the deals with major trading partners have been finalized," he added.
#MastercardStablecoinCards Bitcoin ( $BTC ) continues trading in a tight range above $103,000, forming a textbook ascending triangle on the hourly chart. Market participants are watching for a breakout above $104,900, which could set the stage for Bitcoin to enter a new price discovery phase and approach an all-time high. Technical Pattern Builds Toward Breakout Confirmation The ascending triangle structure currently forming shows higher lows meeting a horizontal resistance at $104,900. This technical setup is often seen before a bullish breakout. Bitcoin has tested the lower boundary near $101,600 multiple times while holding firm above the trendline. Key support now lies at $101,600. If Bitcoin holds this level and moves higher, a breakout above $104,900 could follow. Confirmation would require a clean daily close above this resistance zone, potentially opening the door to $110,000 and higher. The Relative Strength Index (RSI) remains steady near 67, indicating sustained bullish momentum. Market structure still favors the upside, with the price trading above the Parabolic SAR level at $98,673 and supported by the Donchian Channel midpoint at $99,276. On-Chain and Market Developments Reinforce Bullish Setup According to an observation by Glassnode, Bitcoin’s Realized Cap has increased by $30 billion since April 20. This rise points to growing investor conviction, with the current realized cap near $900 billion. Spot market data also reflects strong accumulation, as the Spot Volume Delta peaked close to $5 billion on May 13. Options market behavior supports the trend, too. According to data from Coinglass, open interest in Bitcoin options rose 1.21% to $40.04 billion, even as overall volume declined. This shows traders are holding bullish positions and not exiting the market.
#MastercardStablecoinCards Bitcoin ( $BTC ) continues trading in a tight range above $103,000, forming a textbook ascending triangle on the hourly chart. Market participants are watching for a breakout above $104,900, which could set the stage for Bitcoin to enter a new price discovery phase and approach an all-time high.

Technical Pattern Builds Toward Breakout Confirmation

The ascending triangle structure currently forming shows higher lows meeting a horizontal resistance at $104,900. This technical setup is often seen before a bullish breakout. Bitcoin has tested the lower boundary near $101,600 multiple times while holding firm above the trendline.

Key support now lies at $101,600. If Bitcoin holds this level and moves higher, a breakout above $104,900 could follow. Confirmation would require a clean daily close above this resistance zone, potentially opening the door to $110,000 and higher.

The Relative Strength Index (RSI) remains steady near 67, indicating sustained bullish momentum. Market structure still favors the upside, with the price trading above the Parabolic SAR level at $98,673 and supported by the Donchian Channel midpoint at $99,276.

On-Chain and Market Developments Reinforce Bullish Setup

According to an observation by Glassnode, Bitcoin’s Realized Cap has increased by $30 billion since April 20. This rise points to growing investor conviction, with the current realized cap near $900 billion. Spot market data also reflects strong accumulation, as the Spot Volume Delta peaked close to $5 billion on May 13.

Options market behavior supports the trend, too. According to data from Coinglass, open interest in Bitcoin options rose 1.21% to $40.04 billion, even as overall volume declined. This shows traders are holding bullish positions and not exiting the market.
#MastercardStablecoinCards $BTC Bitcoin (BTC) Price Prediction. The Bitcoin price today is trading just above $104,000, marking a critical recovery from the week’s earlier lows near $101,300. After consolidating within a descending triangle on the 4-hour chart, Bitcoin price action finally broke to the upside, reclaiming key short-term EMAs and inching toward the resistance cluster near $104,900. Despite the breakout, bullish momentum has not followed through strongly, as Bitcoin price volatility remains subdued below the Fibonacci resistance and daily highs. The current structure suggests a delicate balance between renewed optimism and overhead supply, especially as the market navigates macroeconomic uncertainty and cooling momentum signals. Bitcoin Price 4H Chart: Breakout Confirmed, But Is It Sustainable? On the 4-hour chart, BTC broke above a downward sloping triangle, with price retesting the $104,000 zone and briefly spiking toward $104,200. This confirms a bullish breakout, as noted by the double trendline break visible on both the 30-min and 4H setups. Still, upside is facing friction. The 0.786 Fib zone from the weekly.$BTC
#MastercardStablecoinCards $BTC Bitcoin (BTC) Price Prediction.

The Bitcoin price today is trading just above $104,000, marking a critical recovery from the week’s earlier lows near $101,300. After consolidating within a descending triangle on the 4-hour chart, Bitcoin price action finally broke to the upside, reclaiming key short-term EMAs and inching toward the resistance cluster near $104,900.

Despite the breakout, bullish momentum has not followed through strongly, as Bitcoin price volatility remains subdued below the Fibonacci resistance and daily highs. The current structure suggests a delicate balance between renewed optimism and overhead supply, especially as the market navigates macroeconomic uncertainty and cooling momentum signals.

Bitcoin Price 4H Chart: Breakout Confirmed, But Is It Sustainable?
On the 4-hour chart, BTC broke above a downward sloping triangle, with price retesting the $104,000 zone and briefly spiking toward $104,200. This confirms a bullish breakout, as noted by the double trendline break visible on both the 30-min and 4H setups.

Still, upside is facing friction. The 0.786 Fib zone from the weekly.$BTC
#BinancePizza Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe. Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe. This milestone marks one of the most significant movements in 2025 and raises one big question: Are we witnessing the start of a new bull run, or is this just another short-term price spike? Several key factors are contributing to this rally. First, there's renewed optimism surrounding interest rate cuts in the U.S. The Federal Reserve has been signaling a possible pivot, and investors are increasingly viewing Bitcoin as a hedge against inflation and economic uncertainty. When traditional markets become shaky, Bitcoin often becomes the go-to asset for many investors looking for long-term value. Second, institutional demand is growing once again. Major financial firms are increasing their exposure to crypto, and recent ETF inflows are adding significant volume to the market. This institutional interest brings both credibility and capital to the Bitcoin ecosystem, helping push prices higher. Third, Bitcoin’s recent halving is playing a crucial role. The reduction in block rewards has historically led to supply shocks and price increases. With fewer new coins entering circulation and demand remaining strong, the laws of supply and demand are starting to take effect once again. We also can’t ignore the psychological impact of major price levels. Crossing $100,000 is more than just a number it’s a symbol. It reinforces confidence among long-term holders and attracts fresh attention from retail investors who may have been waiting on the sidelines. This creates a self-fulfilling momentum as more people rush in to avoid missing out. However, we need to remain cautious. The crypto market is known for its volatility, and rapid price increases can lead to sharp corrections. Whales may take profits, and speculative traders could cause sudden dips. That’s why it’s important to analyze on-chain data, trading volumes, and macroeconomic signals
#BinancePizza Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.

Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe. This milestone marks one of the most significant movements in 2025 and raises one big question: Are we witnessing the start of a new bull run, or is this just another short-term price spike?

Several key factors are contributing to this rally. First, there's renewed optimism surrounding interest rate cuts in the U.S. The Federal Reserve has been signaling a possible pivot, and investors are increasingly viewing Bitcoin as a hedge against inflation and economic uncertainty. When traditional markets become shaky, Bitcoin often becomes the go-to asset for many investors looking for long-term value.

Second, institutional demand is growing once again. Major financial firms are increasing their exposure to crypto, and recent ETF inflows are adding significant volume to the market. This institutional interest brings both credibility and capital to the Bitcoin ecosystem, helping push prices higher.

Third, Bitcoin’s recent halving is playing a crucial role. The reduction in block rewards has historically led to supply shocks and price increases. With fewer new coins entering circulation and demand remaining strong, the laws of supply and demand are starting to take effect once again.

We also can’t ignore the psychological impact of major price levels. Crossing $100,000 is more than just a number it’s a symbol. It reinforces confidence among long-term holders and attracts fresh attention from retail investors who may have been waiting on the sidelines. This creates a self-fulfilling momentum as more people rush in to avoid missing out.

However, we need to remain cautious. The crypto market is known for its volatility, and rapid price increases can lead to sharp corrections. Whales may take profits, and speculative traders could cause sudden dips. That’s why it’s important to analyze on-chain data, trading volumes, and macroeconomic signals
Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.# This milestone marks one of the most significant movements in 2025 and raises one big question: Are we witnessing the start of a new bull run, or is this just another short-term price spike? Several key factors are contributing to this rally. First, there's renewed optimism surrounding interest rate cuts in the U.S. The Federal Reserve has been signaling a possible pivot, and investors are increas

Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.

Bitcoin has smashed through the $104,000 mark, surprising traders and investors around the globe.# This milestone marks one of the most significant movements in 2025 and raises one big question: Are we witnessing the start of a new bull run, or is this just another short-term price spike?

Several key factors are contributing to this rally. First, there's renewed optimism surrounding interest rate cuts in the U.S. The Federal Reserve has been signaling a possible pivot, and investors are increas
$BTC Bitcoin breakout to $120K on radar as markets forget Fed July rate cut Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going. Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies. Fed rate cuts seem increasingly far off despite encouraging inflation data. Bitcoin BTC $102,059 hugged familiar territory around the May 14 Wall Street open as traders awaited fresh US macro cues. Trader: BTC needs $108,000 reclaim for breakout Data from Cointelegraph Markets Pro and TradingView showed $103,000 remaining a BTC price magnet. Bulls had managed another trip to $105,000 the day prior, with momentum nonetheless lacking after brisk gains throughout the first half of the month. Now, traders eyed consolidation prior to a return to volatility, with predictions favoring further upside. “If BTC remains calm, then alts can do their own thing for a bit.” Despite seeing the Bitcoin bull market unwinding sooner rather than later, fellow trader Roman agreed that higher highs would come first. “Looking for more upside if we can continue to consolidate here as consolidation = continuation of trend. Yes my macro views believe the $BTC bull is close to over but there’s still some room for short term upside,” he told X followers. “Break 108 resistance and 120 is possible.” Market rate cut odds “adjusted” after CPI Macro influences were less pronounced on the day thanks to a gap in US inflation data releases. The day prior, a lower-than-expected Consumer Price Index (CPI) print had failed to spark a fresh crypto rally, with eyes now on the Producer Price Index (PPI) numbers due on May 15.
$BTC Bitcoin breakout to $120K on radar as markets forget Fed July rate cut

Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going.

Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies.

Fed rate cuts seem increasingly far off despite encouraging inflation data.

Bitcoin BTC $102,059 hugged familiar territory around the May 14 Wall Street open as traders awaited fresh US macro cues.

Trader: BTC needs $108,000 reclaim for breakout
Data from Cointelegraph Markets Pro and TradingView showed $103,000 remaining a BTC price magnet.

Bulls had managed another trip to $105,000 the day prior, with momentum nonetheless lacking after brisk gains throughout the first half of the month.

Now, traders eyed consolidation prior to a return to volatility, with predictions favoring further upside.

“If BTC remains calm, then alts can do their own thing for a bit.”

Despite seeing the Bitcoin bull market unwinding sooner rather than later, fellow trader Roman agreed that higher highs would come first.

“Looking for more upside if we can continue to consolidate here as consolidation = continuation of trend. Yes my macro views believe the $BTC bull is close to over but there’s still some room for short term upside,” he told X followers.

“Break 108 resistance and 120 is possible.”
Market rate cut odds “adjusted” after CPI
Macro influences were less pronounced on the day thanks to a gap in US inflation data releases.

The day prior, a lower-than-expected Consumer Price Index (CPI) print had failed to spark a fresh crypto rally, with eyes now on the Producer Price Index (PPI) numbers due on May 15.
#CryptoRegulation Bitcoin breakout to $120K on radar as markets forget Fed July rate cut Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going. Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies. Fed rate cuts seem increasingly far off despite encouraging inflation data. Bitcoin BTC $102,059 hugged familiar territory around the May 14 Wall Street open as traders awaited fresh US macro cues. Trader: BTC needs $108,000 reclaim for breakout Data from Cointelegraph Markets Pro and TradingView showed $103,000 remaining a BTC price magnet. Bulls had managed another trip to $105,000 the day prior, with momentum nonetheless lacking after brisk gains throughout the first half of the month. Now, traders eyed consolidation prior to a return to volatility, with predictions favoring further upside. “If BTC remains calm, then alts can do their own thing for a bit.” Despite seeing the Bitcoin bull market unwinding sooner rather than later, fellow trader Roman agreed that higher highs would come first. “Looking for more upside if we can continue to consolidate here as consolidation = continuation of trend. Yes my macro views believe the $BTC bull is close to over but there’s still some room for short term upside,” he told X followers. “Break 108 resistance and 120 is possible.” Market rate cut odds “adjusted” after CPI Macro influences were less pronounced on the day thanks to a gap in US inflation data releases. The day prior, a lower-than-expected Consumer Price Index (CPI) print had failed to spark a fresh crypto rally, with eyes now on the Producer Price Index (PPI) numbers due on May 15. Commenting, trading firm QCP Capital stressed that the Federal Reserve’s hawkish policy was dictating market expectations. Interest rate cuts in the first half of 2025, a would-be risk-asset tailwind, were being increasingly priced out.
#CryptoRegulation Bitcoin breakout to $120K on radar as markets forget Fed July rate cut

Bitcoin continues to range around $103,000 as bulls struggle to keep upside momentum going.

Traders favor short-term BTC price gains eventually returning, while overall faith in the bull market varies.

Fed rate cuts seem increasingly far off despite encouraging inflation data.

Bitcoin BTC $102,059 hugged familiar territory around the May 14 Wall Street open as traders awaited fresh US macro cues.

Trader: BTC needs $108,000 reclaim for breakout
Data from Cointelegraph Markets Pro and TradingView showed $103,000 remaining a BTC price magnet.

Bulls had managed another trip to $105,000 the day prior, with momentum nonetheless lacking after brisk gains throughout the first half of the month.

Now, traders eyed consolidation prior to a return to volatility, with predictions favoring further upside.

“If BTC remains calm, then alts can do their own thing for a bit.”

Despite seeing the Bitcoin bull market unwinding sooner rather than later, fellow trader Roman agreed that higher highs would come first.

“Looking for more upside if we can continue to consolidate here as consolidation = continuation of trend. Yes my macro views believe the $BTC bull is close to over but there’s still some room for short term upside,” he told X followers.

“Break 108 resistance and 120 is possible.”
Market rate cut odds “adjusted” after CPI
Macro influences were less pronounced on the day thanks to a gap in US inflation data releases.

The day prior, a lower-than-expected Consumer Price Index (CPI) print had failed to spark a fresh crypto rally, with eyes now on the Producer Price Index (PPI) numbers due on May 15.

Commenting, trading firm QCP Capital stressed that the Federal Reserve’s hawkish policy was dictating market expectations. Interest rate cuts in the first half of 2025, a would-be risk-asset tailwind, were being increasingly priced out.
$BTC Hash Ribbons, created by quantitative Bitcoin and digital asset fund Capriole Investments, uses two moving averages of hashrate to delineate periods of “capitulation” among miners. Since offering its last market entry tip in late March, BTC/USD has gained around 20%. “The hash ribbons are still flashing a buy signal here,” Mister Crypto commented in a post on the phenomenon this week, predicting BTC price to “go much higher in May.”
$BTC Hash Ribbons, created by quantitative Bitcoin and digital asset fund Capriole Investments, uses two moving averages of hashrate to delineate periods of “capitulation” among miners.

Since offering its last market entry tip in late March, BTC/USD has gained around 20%.

“The hash ribbons are still flashing a buy signal here,” Mister Crypto commented in a post on the phenomenon this week, predicting BTC price to “go much higher in May.”
#TrumpTariffs Bitcoin miners halt sales as BTC gains 20% since hash ribbon ‘buy’ signal Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak. Over the past month, miner wallet balances have increased by around 2,700 BTC. Hash Ribbons data shows good times continuing for both miners and BTC price strength. Bitcoin BTC $104,073 accumulation by miners is back as network participants swap selling for hodling at $75,000 lows. Data from onchain analytics firm Glassnode shows that miners are now actively adding to their BTC reserves. Bitcoin miners buck months of selling Bitcoin hitting multimonth lows in April sparked a sea change in miner behavior, with a lengthy selling streak reversing into significant accumulation. Glassnode shows that shortly after BTC/USD bottomed just below $75,000, the balance in miner wallets itself found a floor, only to then start increasing along with price. Miner wallets held 1,794,622 BTC on April 12, while as of May 13, they had reached 1,797,330 BTC — an increase of 2,708 BTC or 0.15%. While minimal in terms of total miner holdings, the turnaround is conspicuous as it follows a run of selling that initially gained momentum in late 2023. This, in turn, has led to optimism over the BTC price trajectory. “Extremely bullish for Bitcoin!” trader and investor Mister Crypto summarized in a reaction on X, referencing similar data from onchain analytics platform CryptoQuant. Miners have stopped selling. Earlier, Cointelegraph reported on decreasing miner sell-side pressure helping contribute to price trend, with institutional buy volumes dwarfing the amount of mined BTC per day. Hash Ribbons deliver classic BTC bull signal A classic metric covering miner behavior continues to display classic performance since its latest “buy” signal.
#TrumpTariffs Bitcoin miners halt sales as BTC gains 20% since hash ribbon ‘buy’ signal

Bitcoin miners have stopped selling their BTC in what may signal the end of a lengthy distribution streak.

Over the past month, miner wallet balances have increased by around 2,700 BTC.

Hash Ribbons data shows good times continuing for both miners and BTC price strength.

Bitcoin BTC $104,073 accumulation by miners is back as network participants swap selling for hodling at $75,000 lows.

Data from onchain analytics firm Glassnode shows that miners are now actively adding to their BTC reserves.

Bitcoin miners buck months of selling
Bitcoin hitting multimonth lows in April sparked a sea change in miner behavior, with a lengthy selling streak reversing into significant accumulation.

Glassnode shows that shortly after BTC/USD bottomed just below $75,000, the balance in miner wallets itself found a floor, only to then start increasing along with price.

Miner wallets held 1,794,622 BTC on April 12, while as of May 13, they had reached 1,797,330 BTC — an increase of 2,708 BTC or 0.15%.

While minimal in terms of total miner holdings, the turnaround is conspicuous as it follows a run of selling that initially gained momentum in late 2023. This, in turn, has led to optimism over the BTC price trajectory.

“Extremely bullish for Bitcoin!” trader and investor Mister Crypto summarized in a reaction on X, referencing similar data from onchain analytics platform CryptoQuant.

Miners have stopped selling.

Earlier, Cointelegraph reported on decreasing miner sell-side pressure helping contribute to price trend, with institutional buy volumes dwarfing the amount of mined BTC per day.

Hash Ribbons deliver classic BTC bull signal
A classic metric covering miner behavior continues to display classic performance since its latest “buy” signal.
#CryptoCPIWatch XRP Defies Market Correction Trend, BTC Price Slips Below $103K DOGE, SUI, LINK, SHIB, and many others have plunged hard today. Bitcoin’s price ascent came to a halt yesterday at almost $106,000, where the asset faced a violent rejection that pushed it south to under $101,000 before it staged a minor recovery. Most altcoins have turned red today after the recent gains, led by a massive price slump from PI. BTC Stopped at $106K After trading sideways for about a week at around $94,000 and $96,000, bitcoin finally broke above the upper boundary last week and quickly shot above $100,000. Since that date (May 8), the cryptocurrency has remained well within six-digit territory. Its price climb continued in the past few days, even during the calm weekend, perhaps due to the positive developments on the US-China trade front. The culmination came yesterday as both countries announced a pause in the tariffs, and BTC spiked to a new four-month peak of just under $106,000. However, the bears finally reemerged at that point and stopped the asset’s rise. In a matter of a few hours, BTC slumped hard and dropped below $101,000 for the first time in almost a week. Nevertheless, it has bounced off and now trades close to $103,000. Its market cap has remained at around $2.040 trillion, while its dominance over the alts has recovered some ground and is up to 59.8% on CG. Alts Back in Red Most altcoins registered massive gains in the past week or so, and expectedly, have corrected over the past day. Some of the biggest price drops come from the meme coin space, with DOGE, SHIB, PEPE, and WIF dropping by around 10%. PI has dumped the most from the largest 100 alts, having lost 25% of value and trading below $1.15 now. In contrast, XRP is the only exception with minor daily gains, having tapped $2.5. Ripple’s cross-border token neared $2.7 yesterday but was rejected at that point. The total crypto market cap has lost almost $100 billion since yesterday’s peak and is down to $3.42 trillion on CG.
#CryptoCPIWatch XRP Defies Market Correction Trend, BTC Price Slips Below $103K

DOGE, SUI, LINK, SHIB, and many others have plunged hard today.

Bitcoin’s price ascent came to a halt yesterday at almost $106,000, where the asset faced a violent rejection that pushed it south to under $101,000 before it staged a minor recovery.

Most altcoins have turned red today after the recent gains, led by a massive price slump from PI.

BTC Stopped at $106K
After trading sideways for about a week at around $94,000 and $96,000, bitcoin finally broke above the upper boundary last week and quickly shot above $100,000. Since that date (May 8), the cryptocurrency has remained well within six-digit territory.

Its price climb continued in the past few days, even during the calm weekend, perhaps due to the positive developments on the US-China trade front. The culmination came yesterday as both countries announced a pause in the tariffs, and BTC spiked to a new four-month peak of just under $106,000.

However, the bears finally reemerged at that point and stopped the asset’s rise. In a matter of a few hours, BTC slumped hard and dropped below $101,000 for the first time in almost a week.

Nevertheless, it has bounced off and now trades close to $103,000. Its market cap has remained at around $2.040 trillion, while its dominance over the alts has recovered some ground and is up to 59.8% on CG.

Alts Back in Red
Most altcoins registered massive gains in the past week or so, and expectedly, have corrected over the past day. Some of the biggest price drops come from the meme coin space, with DOGE, SHIB, PEPE, and WIF dropping by around 10%.

PI has dumped the most from the largest 100 alts, having lost 25% of value and trading below $1.15 now.

In contrast, XRP is the only exception with minor daily gains, having tapped $2.5. Ripple’s cross-border token neared $2.7 yesterday but was rejected at that point.

The total crypto market cap has lost almost $100 billion since yesterday’s peak and is down to $3.42 trillion on CG.
#CryptoRoundTableRemarks XRP Defies Market Correction Trend, BTC Price Slips Below $103K DOGE, SUI, LINK, SHIB, and many others have plunged hard today. Bitcoin’s price ascent came to a halt yesterday at almost $106,000, where the asset faced a violent rejection that pushed it south to under $101,000 before it staged a minor recovery. Most altcoins have turned red today after the recent gains, led by a massive price slump from PI. BTC Stopped at $106K After trading sideways for about a week at around $94,000 and $96,000, bitcoin finally broke above the upper boundary last week and quickly shot above $100,000. Since that date (May 8), the cryptocurrency has remained well within six-digit territory. Its price climb continued in the past few days, even during the calm weekend, perhaps due to the positive developments on the US-China trade front. The culmination came yesterday as both countries announced a pause in the tariffs, and BTC spiked to a new four-month peak of just under $106,000. However, the bears finally reemerged at that point and stopped the asset’s rise. In a matter of a few hours, BTC slumped hard and dropped below $101,000 for the first time in almost a week. Nevertheless, it has bounced off and now trades close to $103,000. Its market cap has remained at around $2.040 trillion, while its dominance over the alts has recovered some ground and is up to 59.8% on CG. Alts Back in Red Most altcoins registered massive gains in the past week or so, and expectedly, have corrected over the past day. Some of the biggest price drops come from the meme coin space, with DOGE, SHIB, PEPE, and WIF dropping by around 10%. PI has dumped the most from the largest 100 alts, having lost 25% of value and trading below $1.15 now. In contrast, XRP is the only exception with minor daily gains, having tapped $2.5. Ripple’s cross-border token neared $2.7 yesterday but was rejected at that point. The total crypto market cap has lost almost $100 billion since yesterday’s peak and is down to $3.42 trillion on CG.
#CryptoRoundTableRemarks XRP Defies Market Correction Trend, BTC Price Slips Below $103K

DOGE, SUI, LINK, SHIB, and many others have plunged hard today.

Bitcoin’s price ascent came to a halt yesterday at almost $106,000, where the asset faced a violent rejection that pushed it south to under $101,000 before it staged a minor recovery.

Most altcoins have turned red today after the recent gains, led by a massive price slump from PI.

BTC Stopped at $106K
After trading sideways for about a week at around $94,000 and $96,000, bitcoin finally broke above the upper boundary last week and quickly shot above $100,000. Since that date (May 8), the cryptocurrency has remained well within six-digit territory.

Its price climb continued in the past few days, even during the calm weekend, perhaps due to the positive developments on the US-China trade front. The culmination came yesterday as both countries announced a pause in the tariffs, and BTC spiked to a new four-month peak of just under $106,000.

However, the bears finally reemerged at that point and stopped the asset’s rise. In a matter of a few hours, BTC slumped hard and dropped below $101,000 for the first time in almost a week.

Nevertheless, it has bounced off and now trades close to $103,000. Its market cap has remained at around $2.040 trillion, while its dominance over the alts has recovered some ground and is up to 59.8% on CG.

Alts Back in Red
Most altcoins registered massive gains in the past week or so, and expectedly, have corrected over the past day. Some of the biggest price drops come from the meme coin space, with DOGE, SHIB, PEPE, and WIF dropping by around 10%.

PI has dumped the most from the largest 100 alts, having lost 25% of value and trading below $1.15 now.

In contrast, XRP is the only exception with minor daily gains, having tapped $2.5. Ripple’s cross-border token neared $2.7 yesterday but was rejected at that point.

The total crypto market cap has lost almost $100 billion since yesterday’s peak and is down to $3.42 trillion on CG.
$BTC XRP Defies Market Correction Trend, BTC Price Slips Below $103K  DOGE, SUI, LINK, SHIB, and many others have plunged hard today. Bitcoin’s price ascent came to a halt yesterday at almost $106,000, where the asset faced a violent rejection that pushed it south to under $101,000 before it staged a minor recovery. Most altcoins have turned red today after the recent gains, led by a massive price slump from PI. BTC Stopped at $106K After trading sideways for about a week at around $94,000 and $96,000, bitcoin finally broke above the upper boundary last week and quickly shot above $100,000. Since that date (May 8), the cryptocurrency has remained well within six-digit territory. Its price climb continued in the past few days, even during the calm weekend, perhaps due to the positive developments on the US-China trade front. The culmination came yesterday as both countries announced a pause in the tariffs, and BTC spiked to a new four-month peak of just under $106,000. However, the bears finally reemerged at that point and stopped the asset’s rise. In a matter of a few hours, BTC slumped hard and dropped below $101,000 for the first time in almost a week. Nevertheless, it has bounced off and now trades close to $103,000. Its market cap has remained at around $2.040 trillion, while its dominance over the alts has recovered some ground and is up to 59.8% on CG. Alts Back in Red Most altcoins registered massive gains in the past week or so, and expectedly, have corrected over the past day. Some of the biggest price drops come from the meme coin space, with DOGE, SHIB, PEPE, and WIF dropping by around 10%. PI has dumped the most from the largest 100 alts, having lost 25% of value and trading below $1.15 now. In contrast, XRP is the only exception with minor daily gains, having tapped $2.5. Ripple’s cross-border token neared $2.7 yesterday but was rejected at that point. The total crypto market cap has lost almost $100 billion since yesterday’s peak and is down to $3.42 trillion on CG.
$BTC XRP Defies Market Correction Trend, BTC Price Slips Below $103K 

DOGE, SUI, LINK, SHIB, and many others have plunged hard today.

Bitcoin’s price ascent came to a halt yesterday at almost $106,000, where the asset faced a violent rejection that pushed it south to under $101,000 before it staged a minor recovery.

Most altcoins have turned red today after the recent gains, led by a massive price slump from PI.

BTC Stopped at $106K
After trading sideways for about a week at around $94,000 and $96,000, bitcoin finally broke above the upper boundary last week and quickly shot above $100,000. Since that date (May 8), the cryptocurrency has remained well within six-digit territory.

Its price climb continued in the past few days, even during the calm weekend, perhaps due to the positive developments on the US-China trade front. The culmination came yesterday as both countries announced a pause in the tariffs, and BTC spiked to a new four-month peak of just under $106,000.

However, the bears finally reemerged at that point and stopped the asset’s rise. In a matter of a few hours, BTC slumped hard and dropped below $101,000 for the first time in almost a week.

Nevertheless, it has bounced off and now trades close to $103,000. Its market cap has remained at around $2.040 trillion, while its dominance over the alts has recovered some ground and is up to 59.8% on CG.

Alts Back in Red
Most altcoins registered massive gains in the past week or so, and expectedly, have corrected over the past day. Some of the biggest price drops come from the meme coin space, with DOGE, SHIB, PEPE, and WIF dropping by around 10%.

PI has dumped the most from the largest 100 alts, having lost 25% of value and trading below $1.15 now.

In contrast, XRP is the only exception with minor daily gains, having tapped $2.5. Ripple’s cross-border token neared $2.7 yesterday but was rejected at that point.

The total crypto market cap has lost almost $100 billion since yesterday’s peak and is down to $3.42 trillion on CG.
$BTC Open Interest Nears $600 Million as $1 Million in Short Positions Are Liquidated PEPE momentum is accelerating as derivatives data matches rising optimism. Open interest (OI) in PEPE futures is approaching the $600 million mark, reflecting a massive surge in leveraged trading activity, according to Coinglass. Adding a bullish perspective to the rising OI, the liquidation of over $1 million in short positions in four hours signals a forced unwinding of bearish bets. With traders betting against PEPE caught off guard, the chances of a new breakout rally have increased. In this environment, the whale is now holding a 3x leveraged long position on Pepe, according to HypurrScan. The company deposited $2.29 million USDC into Hyperliquid. The whale’s story is well-known in the industry for its $5 million USDC bet on HYPE with a floating profit of $2.99 million
$BTC Open Interest Nears $600 Million as $1 Million in Short Positions Are Liquidated
PEPE momentum is accelerating as derivatives data matches rising optimism. Open interest (OI) in PEPE futures is approaching the $600 million mark, reflecting a massive surge in leveraged trading activity, according to Coinglass.

Adding a bullish perspective to the rising OI, the liquidation of over $1 million in short positions in four hours signals a forced unwinding of bearish bets. With traders betting against PEPE caught off guard, the chances of a new breakout rally have increased.

In this environment, the whale is now holding a 3x leveraged long position on Pepe, according to HypurrScan. The company deposited $2.29 million USDC into Hyperliquid. The whale’s story is well-known in the industry for its $5 million USDC bet on HYPE with a floating profit of $2.99 million
#TradeWarEases PEPE Price Hits All-Time High as Bulls Confirm Breakout Rally Amid $3M in Shorts Pepe (PEPE) price has risen nearly 10% today to $0.00001488, extending the 68% gain seen last week. The continued 87% gain suggests a further breakout of the bullish pattern this week. Additionally, PEPE’s price rally has shaken out $3.16 million in bearish positions over the past 24 hours, marking a strong bullish open for this Monday. Will this Pepe bounce record a new all-time high? Pepe Price Analysis Targets Massive Breakout Rally PEPE is trading at a market price of $0.00001453, last seen on January 31, after 100 days. The stronger return has surpassed the 200-day exponential moving average (EMA) and the 61.80% Fibonacci level at $0.00001426. This marks a key breakout as investors watch for a round bottom breakout on the Pepe technical chart. PEPE price fell nearly 60% from $0.00001386 to $0.000005698 between February 1 and March 10. Having bottomed above the psychological demand zone of $0.0000050, Pepe’s price action forms a semi-circle formation called a round bottom pattern, with the neckline at the 61.80% Fibonacci level. Currently, PEPE price is trading above the neckline, and a daily close above $0.00001426 would mark a decisive breakout, highlighting the potential for a 170% upside. The target is estimated by adding the depth of the semicircle to the breakout point, targeting $0.00003864. As such, the bullish breakout target of the pattern coincides with Coingape’s bullish PEPE coin price forecast. The frog-themed meme coin is surpassing the 200-day EMA, influencing the 50- and 100-day EMAs to rise, hinting at a positive crossover. Additionally, the rising MACD and signal lines with a splash of green histograms reflect the increased trend momentum. Based on a potential breakout of the 61.80% Fibonacci level, the correction tool targets the 100% level at $0.00002649, representing a 75% upside. A minor hurdle at the 78.60% level near $0.00001870 could prevent Pepe from .
#TradeWarEases PEPE Price Hits All-Time High as Bulls Confirm Breakout Rally Amid $3M in Shorts

Pepe (PEPE) price has risen nearly 10% today to $0.00001488, extending the 68% gain seen last week. The continued 87% gain suggests a further breakout of the bullish pattern this week. Additionally, PEPE’s price rally has shaken out $3.16 million in bearish positions over the past 24 hours, marking a strong bullish open for this Monday. Will this Pepe bounce record a new all-time high?

Pepe Price Analysis Targets Massive Breakout Rally
PEPE is trading at a market price of $0.00001453, last seen on January 31, after 100 days. The stronger return has surpassed the 200-day exponential moving average (EMA) and the 61.80% Fibonacci level at $0.00001426. This marks a key breakout as investors watch for a round bottom breakout on the Pepe technical chart.

PEPE price fell nearly 60% from $0.00001386 to $0.000005698 between February 1 and March 10. Having bottomed above the psychological demand zone of $0.0000050, Pepe’s price action forms a semi-circle formation called a round bottom pattern, with the neckline at the 61.80% Fibonacci level.

Currently, PEPE price is trading above the neckline, and a daily close above $0.00001426 would mark a decisive breakout, highlighting the potential for a 170% upside. The target is estimated by adding the depth of the semicircle to the breakout point, targeting $0.00003864. As such, the bullish breakout target of the pattern coincides with Coingape’s bullish PEPE coin price forecast.

The frog-themed meme coin is surpassing the 200-day EMA, influencing the 50- and 100-day EMAs to rise, hinting at a positive crossover. Additionally, the rising MACD and signal lines with a splash of green histograms reflect the increased trend momentum.

Based on a potential breakout of the 61.80% Fibonacci level, the correction tool targets the 100% level at $0.00002649, representing a 75% upside. A minor hurdle at the 78.60% level near $0.00001870 could prevent Pepe from .
$ETH The next target range is $2.70-$3.00 if XRP keeps support above $2.20 and keeps consolidating around this breakout level. Volume and network activity indicate there is sufficient energy for a move higher. Although there is a chance that the breakout line will be retested, the bullish bias will continue as long as $2.20 holds. In summary, whales are moving, volume is increasing, and XRP seems to be preparing for a long push, possibly toward $3 if this momentum continues.
$ETH The next target range is $2.70-$3.00 if XRP keeps support above $2.20 and keeps consolidating around this breakout level. Volume and network activity indicate there is sufficient energy for a move higher. Although there is a chance that the breakout line will be retested, the bullish bias will continue as long as $2.20 holds. In summary, whales are moving, volume is increasing, and XRP seems to be preparing for a long push, possibly toward $3 if this momentum continues.
#ETHCrossed2500 4,000,000 XRP Accumulation: XRP Whales Are Ready Technical indicators and on-chain metrics indicate that whales are preparing for another round of accumulation-fueled growth, drawing attention to XRP's market behavior once more in the cryptocurrency space. With over 4 million transactions recorded in the last three days — a sharp rise over the pre-pump baseline — the recent spike in network activity reveals powerful and unusual movement. Peer-to-peer transactions have increased, indicating not only interest but also capital movement. In terms of price action, XRP has recently surpassed its multi-month descending triangle formation and made a clear break through important resistance levels at $2.20. Before reversing slightly, the price reached $2.47, which is a healthy correction consistent with post-breakout behavior. As of right now, XRP is trading above the 50, 100 and 200-day EMAs, which is an unquestionably bullish technical pattern that offers a strong basis for future gains. The RSI, which is currently at 59, is still high but within reasonable bounds, allowing for further growth without immediately indicating overbought conditions. Alongside the consolidation breakout, there has been a spike in volume, which is more proof that actual demand, not speculation, is driving the current momentum. Beginning around May 8, the XRP Ledger analytics payments chart demonstrates a noticeable increase in transaction volume, reaching a peak of over 1.3 million payments in a single day and maintaining steady levels above 1 million payments per day. This adds up to over 4 million account-to-account transactions in just three days, indicating extensive movement that is probably caused by internal ecosystem reorganization or whale reallocation.
#ETHCrossed2500
4,000,000 XRP Accumulation: XRP Whales Are Ready

Technical indicators and on-chain metrics indicate that whales are preparing for another round of accumulation-fueled growth, drawing attention to XRP's market behavior once more in the cryptocurrency space. With over 4 million transactions recorded in the last three days — a sharp rise over the pre-pump baseline — the recent spike in network activity reveals powerful and unusual movement.

Peer-to-peer transactions have increased, indicating not only interest but also capital movement. In terms of price action, XRP has recently surpassed its multi-month descending triangle formation and made a clear break through important resistance levels at $2.20. Before reversing slightly, the price reached $2.47, which is a healthy correction consistent with post-breakout behavior.

As of right now, XRP is trading above the 50, 100 and 200-day EMAs, which is an unquestionably bullish technical pattern that offers a strong basis for future gains. The RSI, which is currently at 59, is still high but within reasonable bounds, allowing for further growth without immediately indicating overbought conditions. Alongside the consolidation breakout, there has been a spike in volume, which is more proof that actual demand, not speculation, is driving the current momentum.

Beginning around May 8, the XRP Ledger analytics payments chart demonstrates a noticeable increase in transaction volume, reaching a peak of over 1.3 million payments in a single day and maintaining steady levels above 1 million payments per day. This adds up to over 4 million account-to-account transactions in just three days, indicating extensive movement that is probably caused by internal ecosystem reorganization or whale reallocation.
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