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Stellar (XLM) market has shown notable signs of stability over recent weeks, with the cryptocurrency trading around the $0.27 mark as of May 3, 2025. After a long period of gradual decline from its December peak, where XLM touched highs near $0.63, the market now appears to be finding its footing. XLM Calm Before the […]
Shiba Inu (SHIB) recently hit a major milestone, breaking the key resistance at $0.00025. It is considered a very strong indicator for an imminent value surge, noting the fact that breaking past resistance levels usually results in a heavy price surge. SHIB has been running through a 9% upswing over the last week and presently […]
According to the crypto analyst ALI, Dogecoin ($DOGE) appears to be emerging from a consolidation phase with strong upward potential. The chart illustrates a well-defined bull pennant, a pattern recognized for its reliability in forecasting bullish continuations. As the breakout surpasses the upper resistance of the pennant, traders and analysts are closely eyeing a projected […]
Renowned crypto analyst Jonathan Carter has provided insights into the price trajectory of Dogecoin (DOGE), highlighting a significant technical pattern that could signal an upcoming bullish movement. According to Carter, a triangle pattern has been developing on Dogecoin’s price chart, indicative of a price squeeze. In this scenario, the price consolidates within a narrowing range, […]
Solana (SOL), which is one of the leading Layer 1 blockchain platforms, is trading at $166.61, up just 1.30% from where it stood earlier. The trading volumes, though, have declined considerably by as much as 30% in the last 24 hours to $3.8 billion. During the previous week, it lost 4.80% to trade at $166.62. […]
Solana (SOL) continues to showcase a trend in which investors pay higher prices over time, thus suggesting the usual sustenance of an upward trajectory in the medium-to-long term. Therefore, it is only marking the follow-through of this positive development within the currency and an increasing interest from investors to engage with it. More importantly, that […]
Polkadot (DOT) is on the verge of a significant upward movement, capturing the attention of analysts and investors alike. Recently, the price of Polkadot broke above the upper limit of its medium- to long-term downtrend line, showing a trend of slowing decline. The current trading price of the cryptocurrency is located inside a rectangle, where […]
Ripples XRP surged back to $2.42 on May 16 after gaining more than 50% in the past five weeks. The move marks a strong comeback from earlier declines, though the token still trades 30% below its January peak of $3.40. Despite this, analysts are confident that conditions are setting up for a possible breakout. Analyst, […]
VeChain (VET) is experiencing a significant change in its market sentiment, and indicators are pointing to a possible spike in its price. After encountering a crucial support level, VET appears to be bouncing back with vigor. Over the previous week, VET has demonstrated resilience by recording an impressive 4% increase, a clear signal of its […]
Solana (SOL) is showing impressive strength amid the ongoing crypto market rally, holding steady near the $170 level after a brief pullback from recent highs. Despite this minor dip, SOL continues to trade within a strong bullish trend. Over the past week, the token has gained nearly 10%, while its performance over the last 30 […]
Pendle is reflecting a high level of bullish momentum following a phase of volatility as a result of the current price surge in Bitcoin. With improving market sentiment, the coin is gaining from the trend reversal with an uptrend in investor interest and price action. Pendle (PENDLE) is currently trading at $4.27 after a 13.24% daily […]
VeChain (VET) has entered a notable bullish phase, as observed on its 4-hour trading chart. After weeks of sideways movements and brief declines, the digital asset is experiencing a sharp rise in buying pressure. The price currently sits at $0.03288, having risen by 7.01% in the past 24 hours and a remarkable 28.81% in the […]
Stellar (XLM) has been showing promising signs of a strong bullish reversal. After enduring months of downward pressure, XLM has finally broken free from its macro downtrend and is now entering a phase of upward consolidation. This shift could potentially set the stage for a significant price movement. As of now, Stellar (XLM) is trading […]
The TRUMP memecoin has come under intense selling pressure, plunging by 28% over the past week amid heightened market volatility. Despite the significant downturn, technical signals are beginning to hint at a possible recovery, sparking cautious optimism among traders and speculators. As of now, TRUMP is trading at $0.000000002314, showing a modest 2.53% increase in […]
XRP is showing signs of resilience despite choppy market conditions, with the digital asset currently trading at $2.07 and holding firmly above its crucial support at $2.00. While price action remains somewhat indecisive, the technical setup and upcoming catalysts suggest a major move could be on the horizon. Over the past 24 hours, XRP has […]
ATOM has formed a bullish head-and-shoulders pattern and looks to make a move of over 50-60% in the near future.
Despite the turbulence sweeping through the broader crypto market, Algorand (ALGO) is showing notable resilience. While major altcoins and even Bitcoin have struggled to maintain ground, ALGO is quietly paving a path of its own, hinting at a potential breakout. Over the past week, ALGO has edged up nearly 1%, a modest yet meaningful gain […]
Bitcoin consolidates just below key resistance with bullish momentum building. Breakout above $95.3K could trigger a surge toward the $100K liquidity zone. Bitcoin (BTC) is currently trading within a narrow range, signaling a potential breakout as market momentum remains firmly bullish. At the time of writing, Bitcoin is priced at $94,858, with a 24-hour trading […]
Solana (SOL) is positioning itself as one of the top cryptocurrencies to watch in 2025, with signs pointing toward a major bullish breakout. After a period of market volatility, Solana has demonstrated remarkable recovery, and its price is showing signs of substantial growth. Heres an in-depth look at the factors driving Solanas potential upward movement […]
The fluctuations in Bitcoin’s price have marked the tempo of the crypto market and the communitys sentiment. While some feel pessimistic about the rally slowdown, some analysts believe the flagship cryptocurrency is just getting ready to reach higher notes. Related Reading: Is The Bitcoin Top Already Here? This Historical Pattern Says So Next Stop: Bitcoins Parabolic Upside Crypto analyst and trader Rekt Capital considers Bitcoin (BTC) is currently awaiting a period of consolidation. In an X post, the trader highlighted that, during the previous Halvings, BTC saw Re-Accumulation Ranges. The analyst shared his chart for Bitcoin phases during the Halving, which he has previously used to explain BTC was at the Last Pre-Halving Retrace before April 19. At the time, the analyst pointed out that the re-accumulation phase was next. Bitcoin went through one during the previous Halving, as seen in the chart. The re-accumulation consisted of two consolidation periods followed by the Post-Halving Parabolic Upside, which saw BTC reach last cycles all-time high (ATH) of $69,000. Bitcoin phases during the "Halving". Source: Rekt Capital on X Rekt Capital highlighted that, during this cycle, the flagship cryptocurrency has already experienced five re-accumulation ranges. Similarly to the last cycle, the latest re-accumulation phase seems to have started during the Pre-Halving Rally phase. Per the analyst, this will be followed by the Parabolic Upside if history repeats itself. Analyst Mikybull seems to share a similar view to Rekt Capitals, as he highlights that Bitcoins parabolic rally is loading. The re-accumulation breakout is set to be explosive, and not many are prepared for this, he added. The analyst explained that the RSI on a macro scale is at the same level as it was in 2017, which was followed by a huge rally to cycle top. Based on this, he believes the current consolidation comes from institutions preparing for a huge rally to cycle top. Analyst Sets Crucial Level For Bitcoin’s Breakout A day before Bitcoins Halving, the cryptocurrency faced a correction that shredded 7% of its price in a few hours. BTC went from hovering between the $64,000-$63,000 price range to trading below the $60,000 support zone. Since then, the largest cryptocurrency by market capitalization appears to have steadily recovered from the drop. Over the weekend, Bitcoin regained the $65,000 support level before testing the $66,000 one, which it reclaimed on Monday. Over the last few days, BTC has hovered between $66,000 and $67,000. However, it has not been able to successfully test the resistance level set at the $67,000 price range. According to the crypto analyst Bluntz, Bitcoins most recent performance suggests that the price will continue to move sideways between the $66,000 and the $67,000 range. However, he also considers that BTC is gagging for a breakout soon, as the chart displays a bullish pennant pattern forming. Per the analyst, once we clear 67k, the whole market will fly above the latest ATH. As of this writing, Bitcoin is trading at $66,665, a 7.5% increase from a week ago and a 66.22% in the last three months. Related Reading: Standard Chartered Reaffirms $150,000 Bitcoin Price Target By Year-End Bitcoin's performance in the weekly chart. Source: BTCUSDT on TradingView Featured Image from Unsplash.com, Chart from TradingView.com
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