Analysis Archives - CoinCentral https://coincentral.com/news/analysis/ Your Bitcoin, Ethereum, and other Cryptocurrency HQ Fri, 16 May 2025 10:22:49 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.1 https://coincentral.com/wp-content/uploads/2025/02/cropped-CCIcon-32x32.png Analysis Archives - CoinCentral https://coincentral.com/news/analysis/ 32 32 XRP Price on the Brink After Ripple’s Legal Motion Faces Rejection https://coincentral.com/xrp-price-on-the-brink-after-ripples-legal-motion-faces-rejection/ Fri, 16 May 2025 10:22:49 +0000 https://coincentral.com/?p=38836 TLDR XRP price dropped by 5 percent after the court denied Ripple’s joint motion. Judge Analisa Torres ruled the motion was improperly filed in the ongoing SEC lawsuit. Ripple aimed to avoid penalties including a sales ban and full financial fine. XRP price corrected nearly 10 percent from its recent high of $2.60. The cryptocurrency [...]

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TLDR
  • XRP price dropped by 5 percent after the court denied Ripple’s joint motion.
  • Judge Analisa Torres ruled the motion was improperly filed in the ongoing SEC lawsuit.
  • Ripple aimed to avoid penalties including a sales ban and full financial fine.
  • XRP price corrected nearly 10 percent from its recent high of $2.60.
  • The cryptocurrency is now testing a critical trendline with key support near $2.19.

The XRP price dropped sharply following the recent court decision in the Ripple vs. SEC lawsuit. Judge Analisa Torres rejected a joint motion seeking an indicative ruling, leading to renewed uncertainty. This development triggered a 5% decline in the XRP price, which briefly touched $2.35 amid intensified market pressure.

XRP Price Weakens After Legal Blow

Ripple encountered a legal setback after the court refused to accept the joint motion to reduce regulatory penalties. The XRP price reacted negatively after facing rejection at the $2.60 level earlier this week. The price has corrected nearly 10% from its recent high as bearish sentiment gains momentum.

The court ruled that the motion was improperly filed and could not reverse parts of a prior final decision. Ripple aimed to avoid penalties related to securities violations, including a sales ban and a full financial penalty. This outcome delayed prospects of a quick resolution and added pressure on the XRP price at a critical market phase.

As a result, market uncertainty increased, and XRP open interest dropped by 6% to $5.08 billion, as per Coinglass data. Liquidations surged to $22.86 million in 24 hours, with $20.37 million coming from long positions. Technical analysts highlighted that XRP price is now testing a vital trendline, which could signal further losses if breached.

Ethereum and Solana Lead Gains While XRP Trails

While XRP price struggles, Ethereum has posted gains driven by strong investor interest and a supportive broader market trend. Ethereum rose by over 20% this month as increased trading volumes and network activity contributed to its upward momentum. Despite some volatility, ETH maintained strength above its key support levels.

Solana also outperformed XRP in recent weeks, recording a monthly gain of over 30% fueled by renewed interest in DeFi platforms. Analysts noted consistent inflows into Solana-based projects, boosting its price performance. In contrast, XRP price has lagged as regulatory uncertainty remains a significant weight on its outlook.

DOGE showed mixed movement, but still outpaced XRP, with a 5% monthly increase backed by retail trading interest. The meme coin held support levels well, showing resilience compared to the decline seen in XRP price. XRP’s underperformance highlights the market’s reaction to Ripple’s prolonged legal challenges.

XRP Price Holds as Legal Talks Continue

Following the court’s denial, Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed continued cooperation with the SEC to resolve the case. Ripple is expected to revisit the motion jointly with the SEC, aiming to address procedural issues raised by the court. The parties may seek a limited remand through the Court of Appeals to pursue agreed-upon relief.

If approved, Ripple would file a motion to dissolve the injunction and reduce penalties to around $50 million. Following that, both Ripple and the SEC may dismiss their respective appeals with the Second Circuit Court. However, until clarity emerges, the XRP may remain range-bound or face further declines.

Technical indicators now show XRP price testing support between $2.19 and $1.79, which analysts consider a make-or-break zone. Any breach below this level could trigger extended losses and delay recovery efforts. Until then, XRP movement will likely reflect legal developments and sentiment surrounding Ripple’s next legal steps.

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Dogecoin Signals Explosive Move as On-Chain Metrics Flash Strong Alert https://coincentral.com/dogecoin-signals-explosive-move-as-on-chain-metrics-flash-strong-alert/ Fri, 16 May 2025 09:29:43 +0000 https://coincentral.com/?p=38788 TLDR Dogecoin is showing strong momentum, which is supported by rising on-chain activity and whale accumulation. Over 1 billion DOGE tokens have been accumulated by large holders in the past month. Active addresses and transaction volumes for Dogecoin have increased steadily in recent weeks. Analysts see strong similarities between the current DOGE setup and the [...]

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TLDR
  • Dogecoin is showing strong momentum, which is supported by rising on-chain activity and whale accumulation.
  • Over 1 billion DOGE tokens have been accumulated by large holders in the past month.
  • Active addresses and transaction volumes for Dogecoin have increased steadily in recent weeks.
  • Analysts see strong similarities between the current DOGE setup and the 2014 to 2018 market cycle.
  • Dogecoin’s price is forming a solid base at $0.22, with resistance at $0.27 as the next major level.

Dogecoin (DOGE) continues to show strong momentum, as recent on-chain data highlights key bullish signals across multiple indicators. With the DOGE price maintaining a steady base at $0.22, analysts anticipate potential breakout moves. Whale accumulation, active addresses, and increased transaction volumes strengthen Dogecoin’s technical outlook and long-term market position.

DOGE Whale Accumulation Signals Growing Momentum

Dogecoin whales have acquired over 1 billion DOGE tokens in the past 30 days, indicating heightened interest from large holders. This trend suggests sustained confidence and contributes to solid market structure, especially as accumulation coincides with steady price support. The $0.22 zone has become a firm base, with rising demand across major wallets.

Significant whale activity often signals expected movement, and this recent increase aligns with earlier accumulation trends during prior DOGE upswings. Historical data support the correlation between whale purchases and bullish market phases, suggesting a possible upward breakout. The DOGE price could soon challenge the $0.27 resistance if current accumulation persists.

The surge in whale accumulation also matches increased liquidity and reduced selling pressure, supporting stable price behavior. Dogecoin’s volume across exchanges has grown consistently, reinforcing overall buying pressure. This strong support at current levels forms a platform for a sustained price rally if resistance breaks soon.

On-Chain Metrics Indicate Rising Network Activity

Key Dogecoin on-chain metrics are rising, including a surge in active addresses and transaction count, reflecting expanding network utility. Metrics tracked by analysts show steady increases in DOGE transfer volumes, especially during the past few weeks. This sustained network usage suggests continued interest and active participation in DOGE transactions.

An increase in address activity typically reflects user growth and broader market engagement, boosting Dogecoin’s strength. Elevated transaction volumes also indicate consistent movement of DOGE, often associated with increased demand and distribution. Together, these trends suggest the memecoin is gaining traction across multiple on-chain performance indicators.

Data also shows that DOGE is experiencing growing participation across retail and large holders, helping establish a stable and expanding ecosystem. Whale activity complements network metrics, reinforcing the possibility of a strong price move. If network activity continues at this pace, DOGE could see upward price pressure in the near future.

Dogecoin Builds Strength at Key Levels

Technical analysts are identifying chart similarities between past and current Dogecoin market cycles, suggesting the early stages of a super cycle. According to comparative models, DOGE patterns mirror those from 2014 to 2018, showing similar consolidation and accumulation behavior. Analysts believe this could set the stage for a parabolic rally if the pattern holds.

Dogecoin has maintained a steady formation at support levels, strengthening its long-term chart structure on both linear and logarithmic scales. Price consolidation at $0.22 aligns with past cycle bases, often preceding breakout moves in previous DOGE rallies. The upcoming months are seen as crucial for the next major movement.

Projected resistance near $0.27 remains the key breakout zone, with potential for expansion if market momentum continues. Analysts see this level as a decisive point that could lead to the start of a broader rally. As Dogecoin maintains strong on-chain fundamentals, price models support an optimistic medium-term outlook.

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Dogecoin (DOGE) Price: New ATH in Sight as Whale Activity Surges, What’s Next? https://coincentral.com/dogecoin-doge-price-bulls-target-new-all-time-highs-as-whale-activity-surges/ Fri, 16 May 2025 08:56:07 +0000 https://coincentral.com/?p=38772 TLDR DOGE has surged nearly 50% in the past month, reaching $0.225 after bottoming at $0.13 in early April Whales have accumulated over 1 billion DOGE (worth $220+ million) in the last month Technical analysts predict potential targets between $0.69 and $1.00 by summer’s end The $0.205 resistance level has flipped to support, strengthening the [...]

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TLDR
  • DOGE has surged nearly 50% in the past month, reaching $0.225 after bottoming at $0.13 in early April
  • Whales have accumulated over 1 billion DOGE (worth $220+ million) in the last month
  • Technical analysts predict potential targets between $0.69 and $1.00 by summer’s end
  • The $0.205 resistance level has flipped to support, strengthening the bullish case
  • Active addresses and transaction volumes show increasing network activity, supporting upward momentum

Dogecoin has experienced a price recovery in recent weeks, surging almost 50% over the past month. After hitting a low of $0.13 in early April, the popular meme cryptocurrency has rebounded strongly and now trades around $0.225.

 DogecoinDOGE Price
Dogecoin
DOGE Price

The price action shows DOGE consolidated around $0.16 for about a month after its April bottom. Then on May 8, it began a sharp upward move alongside the broader crypto market.

This momentum carried DOGE to a peak of $0.26 on May 11, though it has since pulled back about 13.5% to current levels.

On-chain data reveals several bullish signals that could support further upside movement. Crypto analyst Ali Martinez highlighted three key metrics showing growing activity: active addresses, transaction volumes, and whale accumulation.

Whale Activity Surges

Perhaps the most telling metric is whale activity. Large market participants have accumulated over 1 billion DOGE in the past month alone.

At the current price of $0.225, this whale accumulation represents more than $220 million worth of Dogecoin.

This level of buying from large holders often precedes significant price movements. Whales typically accumulate during periods they believe represent good value before a potential upward move.

The increase in active addresses also indicates growing interest in the network. Higher transaction volumes further support this thesis of increasing adoption and use.

DOGE is currently attempting to break through what Martinez describes as “a major area of resistance.” If reclaimed, this could “spark a new bull run” for the meme coin.

Technical Breakout

From a technical perspective, DOGE has broken free from its multi-month downtrend. The cryptocurrency pushed through a key descending trendline that had suppressed its price action since February 2025.

One analyst noted that DOGE broke through the Ichimoku Cloud on the daily chart, signaling strong bullish momentum that could force bearish traders to reconsider their positions.

Several price targets have emerged from technical analysis. Fibonacci Extension targets range between $0.69068 (1.618 Fib) and $0.82324 (2.0 Fib).

Some analysts are even more optimistic, calling for a $1 price target by the end of summer. This would represent a 355% increase from current levels and would establish a new all-time high for DOGE.

The $0.205 resistance level has now flipped to become support, creating a floor that could prevent deep pullbacks if price weakness occurs.

Traders are closely watching key support zones. The area near $0.20 appears critical for maintaining bullish momentum. A break below could lead to further losses, with some analysts pointing to $0.194 as a potential target if support fails.

Another view suggests monitoring the $0.205 and $0.18 support zones. Failure to hold these levels could damage the current bullish narrative.

Analyst MMBTrader emphasized the importance of the $0.405 resistance level. A breakthrough here would make the market “extremely bullish,” potentially opening the path toward long-term targets of $0.755 and $1.00.

In the short term, crypto analyst Crypto Thies believes DOGE may enter a consolidation phase, possibly retesting the $0.20-$0.21 support region before continuing higher toward $0.30.

The price reached its recent high of $0.26 on May 11 before facing rejection. DOGE now trades around $0.225 as the market assesses whether this is a temporary pullback in a larger uptrend or the beginning of a deeper correction.

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Cardano (ADA) Price Prediction & Analysis: Willl Retail Optimism Fuel the Push to $1.00? https://coincentral.com/cardano-ada-price-prediction-analysis-willl-retail-optimism-fuel-the-push-to-1-00/ Fri, 16 May 2025 08:51:27 +0000 https://coincentral.com/?p=38769 TLDR Cardano is trading at $0.7709, down 5.70% in 24 hours, after breaking out of a falling wedge pattern Exchange data shows $9.18 million in net outflows, suggesting possible accumulation and reduced selling pressure Retail traders show extreme bullish bias with 89.56% of Binance accounts holding long positions ADA has gained prominence in Grayscale’s top [...]

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TLDR
  • Cardano is trading at $0.7709, down 5.70% in 24 hours, after breaking out of a falling wedge pattern
  • Exchange data shows $9.18 million in net outflows, suggesting possible accumulation and reduced selling pressure
  • Retail traders show extreme bullish bias with 89.56% of Binance accounts holding long positions
  • ADA has gained prominence in Grayscale’s top crypto assets list, now ranking 4th with an 8.6% weekly gain
  • Technical analysis points to a potential 15% rally targeting the $1.20 price zone

Cardano (ADA) is currently trading just above a key support level after breaking out of a multi-month falling wedge pattern on the 3-day chart. At the time of writing, ADA trades at $0.7709, having decreased by 5.70% over the past 24 hours.

Bulls now face pressure to regain momentum. If the current support level fails to hold, there could be increased downside risks. However, a sustained defense at this level could reopen the path toward $0.84 and higher targets.

Exchange data reveals $9.18 million in net outflows as of May 15th. This suggests traders are moving assets off trading platforms, which typically indicates accumulation and reduced selling pressure.

 CardanoADA Price
Cardano
ADA Price

This trend supports a potentially bullish outlook if it continues while the price stabilizes above support levels. However, if these outflows stall and selling resumes, the case for further upside weakens.

Retail trader sentiment shows a heavy bias toward the upside. Binance data indicates that 89.56% of accounts are long on ADA, with only 10.44% holding short positions.

This extreme imbalance demonstrates strong optimism but also increases downside risk. If the price dips below $0.75, cascading long liquidations could follow, potentially intensifying any decline.

Institutional Recognition Growing

Cardano is making quiet but steady progress in market rankings. According to the latest data from TapTools, ADA now holds 0.94% of CoinMarketCap’s Top 100 Index constituents fund, approaching the 1% threshold.

This inclusion often signals stronger confidence from data-driven investors and index allocators. Sitting at 7th spot in the rankings, Cardano’s position just below Dogecoin and Solana indicates growing institutional interest.

Cardano has shown strong performance in Grayscale’s top crypto assets. Recent data shared by analysts shows ADA ranked 4th in weekly performance across Grayscale’s top 10 crypto assets, posting an 8.6% gain. This puts it ahead of major cryptocurrencies like Bitcoin and Chainlink.

Japanese traders are showing increased interest in Cardano. Binance’s ADA/JPY trading pair has recorded over $295 million in volume, making it one of the top-performing pairs across exchanges.

This volume spike suggests more than casual interest from Japanese traders. Whether due to local narratives, ecosystem development, or favorable regulation, Japanese investors appear to be actively positioning themselves in ADA.

Funding rates tell a somewhat different story from the bullish positioning. ADA’s OI-Weighted Funding Rate remained at 0.0054%, a relatively flat rate showing that leveraged traders are not demonstrating strong confidence.

Without stronger leverage inflows, ADA may lack the push needed to break above resistance levels. The spot market appears to be doing the heavy lifting for now.

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TRON (TRX) Price: Technical Analysis Points to 65% Move, Which Way Will it Go? https://coincentral.com/tron-trx-price-technical-analysis-points-to-65-move-which-way-will-it-go/ Fri, 16 May 2025 08:23:36 +0000 https://coincentral.com/?p=38759 TLDR TRON’s TVL surged by 3.4 billion TRX this week, reaching $6.6 billion total TRX price holding steady above $0.27, outperforming other L1 competitors Chainlink price oracle integration announced, enhancing DeFi infrastructure Transaction volume reached 60 million in the past week, up 4.8% Technical analysis suggests potential for 65% price jump to $0.4467 TRON (TRX) [...]

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TLDR
  • TRON’s TVL surged by 3.4 billion TRX this week, reaching $6.6 billion total
  • TRX price holding steady above $0.27, outperforming other L1 competitors
  • Chainlink price oracle integration announced, enhancing DeFi infrastructure
  • Transaction volume reached 60 million in the past week, up 4.8%
  • Technical analysis suggests potential for 65% price jump to $0.4467

TRON (TRX) has been displaying strong performance lately, with its price holding firm above the $0.27 mark while many other Layer-1 cryptocurrencies faced steeper declines.

This resilience comes amid a series of positive developments for the network that may set the stage for a more substantial price movement in the coming weeks.

The TRON network has seen an impressive increase in its Total Value Locked (TVL), with over 3.4 billion TRX in new deposits flowing in since the start of the week. This surge has pushed the network’s TVL from 20.6 billion TRX on May 10 to 24.2 billion TRX by Thursday, May 16.

 TRONTRX Price
TRON
TRX Price

In dollar terms, TRON’s TVL now exceeds $6.6 billion, solidifying its position as the third-largest blockchain by locked value, trailing only Ethereum and Solana.

This growth reflects increasing confidence from both retail and institutional users in TRON’s capabilities as a high-throughput settlement layer.

JustLend and Sun.io have emerged as the leading TRON-native DeFi protocols attracting the most user activity during the current market cycle. Their growth has contributed to the overall expansion of TRON’s DeFi ecosystem.

Network activity has also seen a marked increase. According to Nansen data, TRON processed over 60 million transactions in the past week alone, representing a 4.8% increase. This makes it the third most active blockchain behind Solana and Base.

The number of active addresses has grown by 1% in the past week to over 6 million, significantly outpacing Ethereum’s 2 million active addresses during the same period.

Chainlink Integration Expands DeFi Capabilities

A major development for TRON came on Thursday when Tron DAO announced the integration of Chainlink’s decentralized price oracles into the network. This upgrade marks a critical enhancement to TRON’s DeFi infrastructure by providing more secure and reliable data feeds for smart contracts.

By leveraging Chainlink’s globally distributed oracle network, TRON DeFi platforms can now access real-time market data with reduced manipulation risk. This capability is essential for applications like stablecoin pricing, automated lending, and derivatives settlement.

The Chainlink integration positions TRON to potentially compete in the growing asset tokenization market, currently valued at around $3.5 billion according to Coingecko data. Until now, this sector has been dominated by Ethereum-based projects due to Chainlink’s native tooling.

With this integration, TRON developers will benefit from reduced latency in data updates and more scalable tooling, which could attract more TVL to TRON-based DeFi protocols in the months ahead.

Technical Outlook Points to Potential Breakout

From a technical perspective, TRX has shown remarkable resilience. While cryptocurrencies like Solana and XRP posted losses exceeding 4% on Thursday, TRX limited its decline to less than 1%.

The daily chart for TRXUSDT shows the price has remained above all key adaptive regression line bands, with support established between $0.256 and $0.262. Recent trading sessions have displayed clustering of green candles, accompanied by widening gaps between the ARL bands.

The MACD indicator reinforces this bullish view, with a rising histogram and increasing divergence between the MACD and signal lines. The blue MACD line at 0.0076 continues to move above the red signal line at 0.0054, suggesting accelerating bullish momentum.

TRX has also formed an ascending channel pattern and is now approaching its upper boundary around $0.28. A breakout above this level could trigger a move toward the 2024 high of $0.4467, representing a potential 65% gain from current levels.

However, traders should note that a daily close below $0.26 would place TRX back into the lower support band, raising the risk of a pullback below the $0.25 psychological support level.

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Pepe (PEPE) Price Prediction & Analysis: Consolidating After Recent Run, What’s next? https://coincentral.com/pepe-pepe-price-prediction-analysis-consolidating-after-recent-run-whats-next/ Fri, 16 May 2025 08:19:14 +0000 https://coincentral.com/?p=38756 TLDR TD Sequential indicator has flashed a sell signal as PEPE approaches resistance at the 1.272 Fibonacci extension RSI has dropped to 68.82 from above 75, indicating reduced buying pressure MACD histogram is contracting, suggesting waning momentum PEPE is currently trading at $0.000014, down 1.78% over 24 hours The cryptocurrency has a market cap of [...]

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TLDR
  • TD Sequential indicator has flashed a sell signal as PEPE approaches resistance at the 1.272 Fibonacci extension
  • RSI has dropped to 68.82 from above 75, indicating reduced buying pressure
  • MACD histogram is contracting, suggesting waning momentum
  • PEPE is currently trading at $0.000014, down 1.78% over 24 hours
  • The cryptocurrency has a market cap of approximately $5.71 billion, ranking 25th overall

PEPE, the popular meme cryptocurrency, appears to be losing momentum after a strong rally in mid-April 2025. Several technical indicators now point to a potential short-term pullback or consolidation phase.

The TD Sequential indicator, a tool used to identify potential price reversals, has recently flashed a sell signal on PEPE’s daily chart. This indicator has previously provided accurate predictions for PEPE price movements.

The sell signal comes as PEPE approaches resistance at the 1.272 Fibonacci extension level, approximately $0.00000168.

Trading analyst Ali Martinez highlighted this development on social media platform X, noting the appearance of a red “1” indicator and a downward-pointing arrow on the daily chart.

Historical Pattern Recognition

The current technical setup follows a structured advance from the $0.00000045 level in April. PEPE has followed a series of Fibonacci retracement moves throughout its recent price action.

After hitting resistance at the 0.618 level (around $0.00000103), PEPE pulled back before finding support and regaining strength.

A bounce from the 0.382 support level led to another breakout above the 1.0 Fibonacci extension near $0.00000134. The token later peaked at approximately $0.00000168 near the 1.272 extension.

This pattern of peaks and valleys has been clearly marked by the TD Sequential indicator. On May 2nd, a green signal (A13) correctly predicted a price increase. A red “1” appeared on April 27th, indicating a temporary peak followed by a decline.

The day after this pullback, a green “1” appeared on May 5th, preceding a strong price growth period. The most recent red “1” appeared on May 14th, suggesting another potential drop.

 PepePEPE Price
Pepe
PEPE Price

Supporting Technical Evidence

Multiple momentum indicators are confirming the slowing price momentum for PEPE.

The Relative Strength Index (RSI), which had previously surged above 75 during the rally, has now fallen to 68.82. This represents a drop below the overbought zone of 70, indicating easing buying pressure.

While these RSI levels still reflect bullish territory, the downward shift suggests that the strength behind PEPE’s upward movement may be softening. The 14-day average RSI stands at 67.23.

The Moving Average Convergence Divergence (MACD) chart provides further evidence of the slowing momentum. Although the MACD line remains above the signal line (0.00000155 versus 0.00000114), the histogram bars have started to contract.

This reduction in the histogram suggests weakening trend strength and raises the possibility of a bearish crossover if the MACD line falls below the signal line.

PEPE is currently trading at $0.000014, reflecting a 1.78% decline over the past 24 hours. Its market capitalization stands at approximately $5.71 billion, ranking it 25th overall in the cryptocurrency market.

The 24-hour trading volume for PEPE exceeds $1.16 billion, showing continued interest in the meme cryptocurrency despite the warning signs.

Traders who currently hold PEPE positions may want to consider securing recent profits or setting stop-loss orders given the emerging technical signals. The cryptocurrency is trading above the 1.618 Fibonacci extension, which serves as a major resistance point.

While these technical indicators don’t guarantee a price drop, they suggest caution for traders and investors in the near term.

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Fartcoin Price Forms Bullish Pattern: Massive Breakout Ahead? https://coincentral.com/fartcoin-price-forms-bullish-pattern-massive-breakout-ahead/ Thu, 15 May 2025 14:29:06 +0000 https://coincentral.com/?p=38595 TLDR Fartcoin price is trading at $1.27 and shows strong potential for a breakout to a new all-time high. Despite no major spot exchange listings, the meme coin maintains top-five positions in perpetual contract volumes. A listing on major centralized exchanges could significantly increase retail demand and prices. Technical analysis shows an ascending triangle pattern [...]

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TLDR
  • Fartcoin price is trading at $1.27 and shows strong potential for a breakout to a new all-time high.
  • Despite no major spot exchange listings, the meme coin maintains top-five positions in perpetual contract volumes.
  • A listing on major centralized exchanges could significantly increase retail demand and prices.
  • Technical analysis shows an ascending triangle pattern with a breakout target near $0.01143.
  • Fartcoin’s price recently surged 350 percent from its March low, and the key Fibonacci level is testing at $0.008513.

The Fartcoin ((FART) price currently trades at $1.27 and shows strong potential for reaching a new all-time high this month. The meme coin has consistently maintained top positions in perpetual trading volumes despite the absence of major spot listings. This continued momentum and increasing demand position the Fartcoin price for a significant breakout.

Spot Listings Could Accelerate Breakout Momentum

Fartcoin price could rally further if leading centralized exchanges like Binance and Coinbase list the token on spot markets. The lack of spot listings has not prevented the coin from showing strong performance across perpetual contract markets. However, a spot listing could unlock substantial new demand from a broader trading audience.

Most meme coins rely on spot exposure to trigger hype-driven rallies, but Fartcoin defies these typical market trends. The coin ranks among the top five in perpetual trading volumes on Bybit and Binance. This unusual trend suggests deep market interest and trading activity despite structural limitations.

A spot listing would provide direct buying access and reduce bearish pressure from perpetual shorts. A centralized listing would bridge the volume gap as demand builds on decentralized platforms. This could trigger the next leg in Fartcoin price movement toward a new peak.

Fartcoin Price Eyes Breakout Amid Momentum

The Fartcoin price forms an ascending triangle pattern with resistance at $0.0080 and rising support, indicating building momentum. This bullish chart structure reflects strengthening sentiment and suggests an imminent breakout toward a new high. If the uptrend continues, the projected 40% breakout range targets the $0.01143 level.

A strong reversal from $0.001585 to $0.008513 already marked a 350% surge, showcasing aggressive market recovery. Fartcoin price remains above critical support, indicating the uptrend is still intact. Technical indicators point to the 1.618 Fibonacci level at $0.01273 as the next upside target.

Fartcoin Price Chart
Fartcoin Price Chart

If the price holds above $0.008513, it confirms strength and may attract further volume from new participants. The bullish setup gains further credibility as volumes remain high on decentralized platforms. Any trendline failure could retest the 50% level at $0.005094, disrupting the bullish structure.

Perpetual Volume and Community Sentiment Support Rally

Fartcoin price gains added strength from continuous high volumes on Hyperliquid, where spot trading rivals Bitcoin volumes. The meme coin continues to attract liquidity without centralized exchange listings, suggesting growing organic demand. The data reflects strong trading interest that differentiates it from typical meme coins.

The token also receives support from a wide community, including influential profiles amplifying its presence on social media platforms. One notable figure with over 500,000 followers recently indicated expectations for a new high. Community momentum is critical in driving volume and awareness across the broader market.

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XRP Price Could Reach $10 If SEC Approves Spot ETF Tomorrow https://coincentral.com/xrp-price-could-reach-10-if-sec-approves-spot-etf-tomorrow/ Thu, 15 May 2025 11:45:33 +0000 https://coincentral.com/?p=38564 TLDR The XRP price could reach $10 if the SEC approves a spot ETF tomorrow. A spot XRP ETF may drive strong capital inflows similar to Bitcoin’s ETF surge. Ripple’s recent 5x rally and bullish chart pattern support a potential breakout. Market cap projections suggest XRP could surpass Ethereum if it hits $10. Technical indicators [...]

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TLDR
  • The XRP price could reach $10 if the SEC approves a spot ETF tomorrow.
  • A spot XRP ETF may drive strong capital inflows similar to Bitcoin’s ETF surge.
  • Ripple’s recent 5x rally and bullish chart pattern support a potential breakout.
  • Market cap projections suggest XRP could surpass Ethereum if it hits $10.
  • Technical indicators like RSI show growing bullish momentum for XRP price.

The XRP price may surge rapidly if the SEC approves a spot XRP ETF tomorrow, pushing the token closer to $10. Market behavior suggests that a confirmed ETF approval would trigger significant demand and strong bullish momentum for Ripple. This development could position XRP as a serious competitor to Ethereum in terms of market capitalization.

ETF Approval Could Propel XRP Price to Double Digits

A spot XRP ETF approval could mark a pivotal moment, mirroring Bitcoin’s ETF-led growth earlier this year. Spot Bitcoin ETFs gained $6.4 billion in inflows within two months, boosting BTC by 55%. If XRP follows a similar path, its price could rise from $2.51 to $3.90 in weeks.

Ripple’s recent 5x rally between October 2024 and January 2025 supports the case for an incoming breakout. The XRP price formed a bull flag pattern, which often signals the continuation of an uptrend. If the breakout mirrors the previous rally, XRP could reach levels as high as $17.

A breakout requires strong momentum, and XRP currently shows signs of building that strength. The Relative Strength Index (RSI) stands at 57, signaling bullish momentum in the current trend. However, the downward slope in the ADX suggests the trend remains weak, which may slow the pace of gains.

 

Capital Inflows and Market Cap Projections Favor a $10 Target

JPMorgan previously estimated $8 billion in potential inflows into XRP ETFs, which could drive significant price movement. Analysts use the market cap multiplier theory to estimate that these inflows could push the XRP price above $15. Reaching $10 would place XRP’s market capitalization at approximately $589 billion.

Such a valuation would make Ripple the largest altcoin by market cap, overtaking Ethereum. Historical inflow patterns and strong retail participation further strengthen the case for a $10 target. A first-mover advantage on Wall Street could accelerate this outcome if XRP becomes the first US-based altcoin ETF.

Eric Balchunas, Bloomberg analyst, estimate an 85% likelihood of SEC approval for an XRP ETF, while Polymarket odds sit at 80%. These estimates show strong confidence in upcoming regulatory decisions favoring Ripple. The end of the SEC lawsuit against Ripple has also cleared a key obstacle.

Technical Indicators Suggest XRP Price is Set for Breakout

Technical charts support a bullish setup as XRP consolidates just below major resistance. The height of the previous rally between Q4 2024 and January 2025 provides a reference for another potential 5x gain. If repeated, the XRP price could touch $17.

Traders continue to monitor the formation for a confirmed breakout, which remains a key short-term indicator. A successful move above resistance would confirm renewed buying pressure. Therefore, if the SEC approves a spot XRP ETF tomorrow, the XRP price could reach or exceed $10.

The post XRP Price Could Reach $10 If SEC Approves Spot ETF Tomorrow appeared first on CoinCentral.

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Ethereum (ETH) Price: Technical Support Holds as Market Eyes Path to $5k https://coincentral.com/ethereum-eth-price-technical-support-holds-as-market-eyes-path-to-5k/ Thu, 15 May 2025 09:16:15 +0000 https://coincentral.com/?p=38474 TLDR ETH price found support above $2,500 after reaching a local high of $2,736 A bullish flag pattern has emerged on the hourly chart with resistance at $2,630 The Pectra upgrade has improved Ethereum’s scalability and data transmission Layer-2 network activity increased 23% month-over-month Analysts project a possible rise to $5,000 in 2025 pending regulatory [...]

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TLDR
  • ETH price found support above $2,500 after reaching a local high of $2,736
  • A bullish flag pattern has emerged on the hourly chart with resistance at $2,630
  • The Pectra upgrade has improved Ethereum’s scalability and data transmission
  • Layer-2 network activity increased 23% month-over-month
  • Analysts project a possible rise to $5,000 in 2025 pending regulatory clarity and increased adoption

Ethereum has experienced a price correction after recently climbing above the $2,720 mark. The second-largest cryptocurrency by market cap is currently finding support above the $2,500 level as traders evaluate entry points.

The price action shows ETH trading above the 100-hourly Simple Moving Average, suggesting underlying strength despite the pullback.

Market watchers have identified a technical pattern forming on the charts. A short-term declining channel, potentially a bullish flag, is taking shape with resistance at $2,630 on the hourly ETH/USD chart.

ETH began its upward movement by clearing the $2,620 resistance level, outpacing Bitcoin’s performance during this period. Bulls successfully pushed the price above $2,700, reaching a peak of $2,736 before the current correction phase began.

Ethereum (ETH) Price
Ethereum (ETH) Price

During the pullback, Ethereum dipped below $2,650 and briefly fell below the 50% Fibonacci retracement level calculated from the move between $2,415 and $2,736.

The price now faces resistance near $2,620, with additional hurdles at $2,680. Should ETH overcome the $2,720 level, the next target would be the $2,820 resistance zone.

A successful break above $2,820 could accelerate gains, potentially pushing toward $2,880 or even $2,950 in the short term.

Future Growth Catalysts

Looking further ahead, some market analysts believe Ethereum could reach the $5,000 mark in 2025, though this depends on several key developments.

The approval of in-kind ETF creation and staking options by regulators could attract institutional investment, which has been limited so far. Recent data showed US-listed Ether ETFs experiencing net outflows of $4 million over a two-day period in mid-May.

The size difference between Ether ETFs and Bitcoin ETFs remains substantial. The Ether ETF market is currently about 92% smaller than Bitcoin’s $121.5 billion market, indicating room for growth if institutional interest increases.

Ethereum’s best scenario may involve limited competition in the ETF space, which would require the SEC to reject applications for other cryptocurrency ETFs.

The network’s recent Pectra upgrade has enhanced data transmission efficiency and scalability, laying groundwork for increased usage. This technical improvement comes as layer-2 networks built on Ethereum show growing activity.

Layer-2 transaction volume rose 23% compared to the previous month, with Base network leading the way at 244.2 million transactions over a 30-day period.

Artificial intelligence applications may provide another boost for Ethereum. Observers have noted that AI tools like ChatGPT show preference for Ethereum’s layer-2 infrastructure when managing funds through multisignature contracts.

This AI connection could potentially increase smart contract activity significantly from current levels, supporting price growth toward new all-time highs.

Downside Scenarios

If Ethereum fails to break through the $2,630 resistance, further correction may occur. The first support level sits near $2,575, followed by a major support zone around $2,500.

Should the price drop below $2,500, the next support levels would be at $2,420, $2,350, and $2,320 respectively.

Technical indicators present a mixed picture. The MACD for ETH/USD is losing momentum in the bullish zone, while the RSI has fallen below the 50 level.

Trading volumes remain relatively stable during the correction, suggesting that panic selling has not materialized despite the price pullback.

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Bitcoin (BTC) Price Prediction & Analysis: Around $103K as Retail Investors Return to the Market https://coincentral.com/bitcoin-btc-price-prediction-analysis-around-103k-as-retail-investors-return-to-the-market/ Thu, 15 May 2025 09:13:12 +0000 https://coincentral.com/?p=38471 TLDR Bitcoin has climbed above $104K, growing more than 20% over the last month Global institutional investors now appear to be driving the rally, replacing Korean retail traders Small investors have increased their participation by 3.4% since late April The Exchange Stablecoins Ratio has reached 5.3, potentially indicating selling pressure Technical indicators still point to [...]

The post Bitcoin (BTC) Price Prediction & Analysis: Around $103K as Retail Investors Return to the Market appeared first on CoinCentral.

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TLDR
  • Bitcoin has climbed above $104K, growing more than 20% over the last month
  • Global institutional investors now appear to be driving the rally, replacing Korean retail traders
  • Small investors have increased their participation by 3.4% since late April
  • The Exchange Stablecoins Ratio has reached 5.3, potentially indicating selling pressure
  • Technical indicators still point to continued bullish momentum despite caution signals

Bitcoin has pushed through the $104,000 price barrier, marking another milestone in its 2025 price action. The cryptocurrency is showing impressive strength with over 20% growth in the past month, even with a minor 0.4% pullback in recent 24-hour trading.

Market data reveals an interesting shift in the forces propelling Bitcoin’s current rally. This isn’t just another price increase – it represents a fundamental change in who’s buying.

According to research from CryptoQuant, the traditional “Korea Premium” – a measure that tracks price differences between Korean exchanges and global platforms – has been trending downward despite Bitcoin’s rising price.

This decline suggests something important about the current market structure. The rally isn’t being fueled by Korean retail traders as in previous cycles but instead by institutional investors from other markets.

The Korea Premium was a famous indicator during the 2017 and 2021 bull runs. During those periods, Bitcoin often traded up to 20% higher on Korean exchanges due to intense local demand.

Bitcoin (BTC) Price
Bitcoin (BTC) Price

Market Maturity Signs

This changing dynamic points to a maturing cryptocurrency market. As analyst Avocado Onchain explains, this represents a new phase in how capital flows through the crypto ecosystem.

The launch of spot Bitcoin ETFs in the United States has created new channels for institutional money to enter the market. Corporate treasuries and even sovereign funds are showing greater interest in Bitcoin exposure.

These developments have altered the trading landscape. Institutional strategies now drive more market activity than retail speculation – a stark contrast to previous bull markets.

Even as Bitcoin broke through major resistance levels in recent months, the Korea Premium remained subdued. This confirms the shift away from retail-driven price action that characterized earlier cycles.

The analyst notes that in the current market environment, any Korea Premium approaching 10% should be considered high. For context, this level would have been viewed as moderate during previous bull runs.

This absence of regional premiums shows that Asian retail traders no longer set the pace for Bitcoin markets. Instead, global institutions with access to specialized investment vehicles are leading the charge.

Retail Investors Return

While institutions dominate the current rally, smaller investors aren’t sitting on the sidelines. On-chain data shows retail participants – those with wallets holding under $10,000 in Bitcoin – are gradually increasing their market presence.

CryptoQuant analyst Carmelo Aleman tracked this trend using the BTC: Retail Investor 30-Day Change indicator. This metric turned positive on April 28 and has since shown a 3.4% increase in retail buying through mid-May.

Though retail investors typically don’t time markets as effectively as institutions, their behavior remains an important barometer for market sentiment. Their increasing participation creates a positive feedback loop that strengthens bullish market narratives.

Aleman suggests monitoring several other on-chain metrics alongside retail activity. Active addresses, UTXO count, new wallet creation, and transfer volume all tend to increase when retail interest grows.

These smaller investors often diversify into other crypto assets once they enter the market. This pattern could benefit the broader cryptocurrency ecosystem as the retail wave expands.

Warning Signals Emerge

Despite the optimistic indicators, some warning signs have appeared. The Exchange Stablecoins Ratio recently hit 5.3 as Bitcoin approached $104,000.

This metric compares Bitcoin reserves on exchanges to stablecoin balances. The current reading suggests that BTC reserves now exceed stablecoin reserves – a potential indicator of building selling pressure.

According to CryptoQuant contributor EgyHash, readings above 5.0 often precede market corrections. A similar spike to 6.1 in January was followed by a price pullback, suggesting investors might be converting Bitcoin positions back to cash.

However, Bitcoin continues to display bullish momentum on many technical indicators. The Stochastic RSI shows renewed strength, suggesting the upward trend could continue.

At the time of writing, Bitcoin trades at $103,993, maintaining its overall upward trajectory despite these mixed signals.

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