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Can XRP hit $10 in 2025? Analysts point to potential breakout
NFT Gaming

Can XRP hit $10 in 2025? Analysts point to potential breakout

by admin June 21, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

XRP eyes $10 target for 2025 as analysts cite bullish patterns, rising adoption, and legal clarity as key drivers.

XRP is currently trading near $0.50, and bullish energy is returning to the market. According to updated market data, traders are taking note after well-known analysts who predicted XRP’s previous 600% rally issued a bold new target: $10. The catalyst? Growing institutional interest and potential regulatory clarity.

This forecast builds on strong technical signals, as XRP is forming a similar pattern to its pre-2021 breakout. The recent surge in on-chain activity and network growth supports the view that XRP may be on the verge of another major move. Optimism is also rising around Ripple’s legal positioning, fueling investor confidence as 2025 unfolds.

$10 target backed by historical cycles

The analyst behind the $10 prediction points to cyclical behavior in XRP’s past rallies. When similar consolidation patterns formed in the past, explosive upside followed within months; if history repeats, XRP could see its price multiply in a short window, especially if market sentiment flips bullish across the board.

With positive signals aligning, XRP’s technical and fundamental setup is making it one of the top altcoins to watch. And as excitement around XRP builds, investors are also scouting other breakout contenders.

Enter Pepeto: Where meme utility meets real tech 

While XRP works toward regulatory clarity, projects like Pepeto are seizing early momentum. Pepeto is gearing up to unveil a demo version of its zero-fee exchange in just two days. The platform features built-in bridge tech that allows for swaps between Ethereum, Solana, and BNB chains.

📣 Announcement 📣 :

PEPETO EXCHANGE DEMO VERSION IS READY, SET TO BE DISPLAYED IN PEPETO OFFICIAL SOCIALS, IN LESS THAN ONE WEEK – APPLICATION FOR LISTING VIA OFFICIAL WEBSITE WILL RESUME AFTERWARDS –

Comment – $PEPETO is the God of all frogs- if you are all set up and ready… pic.twitter.com/29jey8Oqrg

— Pepeto (@Pepetocoin) June 6, 2025

Why Pepeto Matters:

  • Exchange lists meme tokens with zero fees on pepeto.io.
  • Cross-chain swapping enabled via advanced bridge tech.
  • Staking yields up to 278% APY.
  • Over $5.3 million raised in presale.
  • Strong narrative and solid community foundation.

Pepeto’s story also carries intrigue: some believe a former Pepe co-founder, ousted early on, is now behind Pepeto, adding missing tech layers to the frog coin legacy. With real features and increasing market attention, Pepeto is a rare blend of hype and long-term promise.

Wall Street Ponke: The smarter meme bet 

Another project making serious moves is Wall Street Ponke. Backed by $300k in VC funds, it’s combining meme appeal with real-world tools to protect and educate traders.

What Wall Street Ponke offers:

  • AI-driven tools that monitor whale activity
  • Crypto learning center for traders of all levels
  • Risk detection systems to prevent manipulation
  • Strong community and detailed roadmap
  • Major marketing campaign underway for next listing

With XRP heating up and new projects like Pepeto and Wall Street Ponke adding value, 2025 could be the year early investments turn into life-changing gains. Keep watching closely — fortunes are often made by those who get in early.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.





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June 21, 2025 0 comments
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Shaurya Malwa
NFT Gaming

Ripple Tests Key Support as Traders Watch for Breakout Signal

by admin June 19, 2025



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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June 19, 2025 0 comments
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NewGenIvf to invest $30m in Solana staking strategy
NFT Gaming

breakout likely if bulls step in

by admin June 18, 2025



Solana is sitting on a critical support level following a period of muted volatility and sideways consolidation. With multiple technical confluences now in play, the market appears primed for a decisive breakout,or breakdown. The current structure suggests that price is coiling, and the next move could mark a major directional shift.

Solana (SOL) has shown signs of hesitation, yet the support zone continues to hold firm. This combination often precedes a volatility expansion, and Solana is approaching that inflection point. Traders should be watching closely, as the resolution of this range will offer clarity on the next trend direction.

Key technical points,

  • VWAP Support: The VWAP anchored from the cycle low is acting as dynamic support under current price action.
  • 143 Daily Support: A high time frame level that has repeatedly held, providing strong market structure.
  • Swing Low Structure: Price is respecting a cluster of key swing lows, forming a significant demand area

SOLUSDT (4H), Source: Trading view.

From a technical standpoint, Solana’s current chart positioning is notable. The anchored VWAP from the cycle low is sitting directly below current price and aligns with the 143 daily support level, creating a strong confluence zone. Additionally, multiple prior swing lows form a local demand cluster, suggesting this area has attracted buyers in the past.

Despite this, price remains in no man’s land. Solana has not demonstrated impulsive follow-through in either direction. A decisive breakout above the current range highs could spark a run toward the next major resistance near the $170 region. Conversely, a failure to hold this support could trigger a liquidity sweep below, exposing the asset to a deeper pullback before any recovery attempt.

It’s also worth noting the lack of volume accompanying recent moves. Without meaningful participation, any breakout risks becoming a false move or weak trend extension. Traders should exercise caution and wait for confirmation through volume expansion and structural breaks before committing to directional setups.

What to expect in the coming price action

As long as Solana holds above this high-confluence support zone, the probability of a bounce remains slightly elevated. However, in the absence of a strong reaction or breakout, the range may persist. A breakdown below this level would shift bias to the downside, targeting lower support zones. The next few sessions are critical, stay patient and let the chart confirm the move.



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June 18, 2025 0 comments
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Bitcoin eyes multi-year breakout, ETF inflows hit $1.3b
NFT Gaming

Bitcoin eyes multi-year breakout, ETF inflows hit $1.3b

by admin June 15, 2025



Currently, the Bitcoin price is holding steady above $105,000 on Saturday as exchange-traded funds data show investors bought Friday’s dip.

Bitcoin (BTC) rose to $105,300, up by 2.4% from its lowest point on Friday, and 5% above this month’s lowest point. 

SoSoValue data shows that spot Bitcoin ETFs saw inflows of $301 million on Friday, even as Bitcoin’s price dropped to nearly $100,000. This pushed total weekly ETF inflows to $1.3 billion—a sharp reversal from the previous week’s $128 million in outflows.

BlackRock’s iShares Bitcoin ETF, whose ticker symbol is IBIT, had daily inflows of $238 million on Friday, bringing its cumulative figure to $49.7 billion. It now has $70 billion in assets, making it the fastest-growing ETF in finance. 

The SPDR Gold Trust, which was launched in 2004, has accumulated $103 billion in assets. This means that IBIT may flip the biggest gold ETF in the next few months or in 2026 if the trend continues. 

Fidelity’s FBTC ETF has had over $11 billion in inflows, while Bitwise’s BITB has had $2 billion since inception. 

A possible reason why Wall Street investors bought Bitcoin’s dip is that it maintains strong fundamentals. BlackRock’s data shows that Bitcoin beats the stock market after a major geopolitical event such as the Iran and Israel attacks. 

Bitcoin’s supply on exchanges has plunged from 1.5 million in January to 1.1 million today. Falling Bitcoin supplies at a time of falling supplies will likely boost the price in the long term.

Bitcoin price long-term chart point to a multi-year breakout

BTC price chart | Source: crypto.news

The monthly chart indicates a strong Bitcoin price breakout in the near term. This chart shows that Bitcoin formed a rounded bottom between Dec. 17 and March 2021. 

Since November 2021, Bitcoin has been forming another rounded bottom. The price remains slightly below the ascending trendline connecting the upper side of these rounded bottoms. 

Therefore, the coin may be about to exit an eight-year trendline, which could push it much higher in the long term. Ark Invest sees Bitcoin soaring to $2.4 million by 2030, while Michael Saylor has a mid-term forecast of $1 million.



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June 15, 2025 0 comments
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Ethereum crosses $2,790, Hyperliquid up 16%, and AGNT gains $2.4m growth
NFT Gaming

Teen who made $500m on Hyperliquid now eyes XYZVerse. Is this the next 1000% breakout?

by admin June 14, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

After earning $500m from Hyperliquid, a teen investor goes all-in on XYZVerse, eyeing 1000% gains.

After reaping a staggering $500 million profit from Hyperliquid’s phenomenal surge, a teenage investor is now staking everything on XYZVerse. This bold move has sparked interest, raising the question: Could XYZVerse be the next opportunity to deliver even greater returns? The potential for a 1000% gain has many watching closely to see what unfolds.

Undervalued XYZ set for major CEX launch: memecoin fans are watching closely

XYZVerse (XYZ) is shaking up the memecoin space with bold ambitions, starting at just $0.0001, it’s on track to hit $0.10 by the end of its presale. With over $14 million raised so far, the token has already reached $0.003333, marking rapid progress through its early stages.

Now entering Stage 13, the presale price is set to jump to $0.005, giving savvy early investors a chance to grab XYZ at a steep discount before the listing frenzy begins.

Exchange launch incoming

The team has teased a major CEX and DEX rollout following the presale. While details are still under wraps, expectations are sky-high. With strategic timing and massive presale traction, the upcoming listing could serve as a powerful catalyst for price movement.

For fighters, not followers

XYZVerse isn’t just another memecoin,  it’s a battle cry for those who hustle. Built for sports lovers, crypto warriors, and memecoin veterans, XYZ captures the spirit of competition and ambition. Whether someone is into football, MMA, or esports, this token speaks your language.

At the center of this narrative is XYZepe — the underdog memecoin fighter stepping into the ring with giants like DOGE and SHIB. Will it rise to the top? Early signs suggest it’s well on its way.

Community-driven and reward-focused

In the XYZVerse world, the community leads. A whopping 10% of the total supply — that’s 10 billion XYZ — has been set aside for airdrops, making it one of the largest community reward events in meme coin history.

From token burns to staged listings, every element of XYZ’s strategy is designed to pump long-term value and foster a loyal holder base ready for exponential gains.

Airdrops, rewards, and more. Join XYZVerse to unlock all the benefits.

Hyperliquid

Source: TradingView

Hyperliquid (HYPE) has shown remarkable growth in the past six months, with a staggering 1551% increase. In the last month, the price surged by 66.41%, and over the past week, it rose by 15.89%. This rapid ascent highlights HYPE’s strong performance in the current market.

Currently trading between $32.05 and $38.23, HYPE is below its 10-day and 100-day simple moving averages of $41.58 and $39.14, respectively. The RSI is at 45.64, suggesting the coin is neither overbought nor oversold. The MACD level of -0.0311 indicates a bearish short-term trend.

The nearest resistance level is at $41.49. If HYPE breaks this, it could reach $47.67, representing potential gains of over 25% from the current price. On the downside, support levels are at $29.13 and $22.95. Falling to these supports would see a decrease of up to 28%. The coin’s future movement will depend on its ability to break resistance or hold support.

Conclusion

While coins like HYPE show promise, XYZVerse stands out as the all-sport memecoin aiming for 20,000% growth by uniting sports fans.

To learn more about XYZVerse, visit the website, Telegram, and X.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 14, 2025 0 comments
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Ethereum-based game Ember Sword shuts down due to lack of funding
NFT Gaming

Future Pepe tipped as 2025’s memecoin breakout

by admin June 10, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

As ETH nears $2.8k, traders eye Future Pepe, a memecoin with viral hype and AI utility, rivaling PEPE and SHIB.

As Ethereum approaches $2,800, traders are searching for the next big memecoin. Future Pepe (FPEPE) blends viral potential with real AI-driven utility. Here’s why it’s drawing comparisons to PEPE, SHIB, and WIF.

The market is heating up

Ethereum has surged over 8% on June 10, breaking major resistance levels and reviving memecoin momentum. Back in 2023, PEPE soared over 10,000% during a similar ETH rally.

Now, eyes are shifting toward Future Pepe (FPEPE), a next-generation meme token that combines cultural firepower with AI-driven tools for investors.

With:

  • 10,000+ active community members
    Deflationary tokenomics
    Built-in staking rewards

It’s being called the next evolutionary leap in meme tokens.

Why Ethereum’s rally sets the stage for memecoins

Ethereum’s price action doesn’t just lift ETH, it ignites risk-on appetite, especially in high-reward sectors like memecoins. Here’s why:

  • Liquidity Rotation: Gains in ETH often spill into smaller-cap coins.
    Lower Gas = More Trades: Cheaper fees mean more meme coin buys on-chain.
    Market Psychology: Bullish ETH vibes trigger broader retail participation.

We’ve seen it before:

  • PEPE soared in April 2023 during a 15% ETH rally.
    SHIB’s meteoric rise began when ETH first crossed $3,000.
    DOGE caught fire after ETH’s DeFi Summer rally.

With Ethereum now surging again, all signals point toward a renewed meme season, and investors are hunting for the next PEPE-level breakout.

Memecoins are evolving: From hype to utility

The meme token space has matured. The next breakout projects will offer more than just branding; they’ll deliver actual infrastructure.

Evolution Timeline:

2020–2021 (Hype Era)

  • DOGE: All vibes, no utility
    SHIB: Big ideas, unclear execution

2022–2024 (Community Era)

  • PEPE: Viral momentum + fair launch
    WIF: Solana’s meme movement star

2025 (Utility Era)
Future Pepe is pioneering this new era:

  • AI Anti-Rug Scanner – Detect scam contracts in real time
  • 30% APY Staking – Instant passive income
  • Deflationary Supply – Token burns on every transaction
  • Audited & Transparent – Reviewed by SolidProof & Coinsult

FPEPE isn’t just a meme. It’s infrastructure.

Can FPEPE do 10x–100x? The case for explosive growth

Let’s break down the opportunity:

  • Market Cap Math
    PEPE hit a $1.5b cap.
    FPEPE will sit on listing day at $12m.
    A move to just 10% of PEPE = 12.5x upside.
  • Timing Advantage
    The presale stage offers the lowest entry price.
    Stage-based pricing increases every few days.
  • First-Mover Utility
    No other memecoin offers AI-powered scam protection at this level.
    FPEPE’s revenue model includes scanner licensing and platform fees.
  • Conservative Estimates
    5–10x post-launch within 60–90 days
    20–50x if bull market conditions persist
    100x scenario if viral breakout + utility adoption align

Memecoins are always high-risk, high-reward. But those who spotted DOGE and PEPE early didn’t do it with hindsight, they did it with instinct and timing. FPEPE checks all the early indicators.

How to get in early

The Future Pepe presale is live now:

  • Current price: $0.0096
  • Next stage jump: +20% in 48 hours
  • Minimum: 0.1 ETH

Secure tokens now.

Conclusion

Ethereum’s rally is more than just a chart breakout — it’s a signal. Meme season might be back, and the smart money is already rotating into high-upside, early-stage bets.

With its blend of real AI tools, solid community backing, and meme-ready branding, Future Pepe isn’t trying to copy PEPE, it’s trying to be the next evolution.

Just like the biggest meme runs before, it’ll look obvious after the chart prints.

For more information, visit the presale website, Telegram, and X.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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June 10, 2025 0 comments
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Ethereum price range-bound between $2,400 and $2,800: breakout or breakdown ahead?
NFT Gaming

Ethereum price range-bound between $2,400 and $2,800: breakout or breakdown ahead?

by admin June 10, 2025



Ethereum remains trapped in a month-long high time frame range. As volume declines and volatility builds, traders are watching closely for a confirmed breakout that could define ETH’s next big move.

Ethereum (ETH) continues to consolidate between two major high time frame levels, with support holding at $2,400 and resistance capping price near $2,800.

Since mid-May, price action has remained stuck within this range, creating a critical zone where accumulation or distribution may be taking place. With volume drying up, the market awaits a decisive breakout to determine Ethereum’s next direction.

Key technical points

  • High Time Frame Range: ETH is consolidating between $2,400 support and $2,800 resistance.
  • Volume Decline: Volume profile shows a consistent drop, suggesting a buildup before an expansion move.
  • Market Structure Bias: ETH remains in a bullish structure and may form a higher low if support holds.

ETHUSDT (4H) Chart, Source: TradingView

Ethereum’s price action has spent nearly a month inside a tight trading range, defined by $2,400 support and $2,800 resistance. This sideways movement reflects market indecision, with neither bulls nor bears gaining clear control. As time within the range stretches, it increasingly appears to be a preparation phase, either for accumulation (bullish) or distribution (bearish).

One of the most important signals lies in volume. Over recent days, volume has steadily declined, a typical precursor to breakout volatility. Once volume returns with conviction, the direction of the breakout, up or down, is likely to define the trend for the coming weeks. However, a weak breakout without volume confirmation could trap traders and force price back into the range.

Technically, Ethereum remains in a bullish market structure. It recently printed a higher high, and a corrective move toward the lower end of the range could establish a higher low, reinforcing the uptrend. Alternatively, an upside breakout from current levels, without a pullback, could signal continued strength, but only if accompanied by a notable volume surge.

What to expect in the coming price action,

Ethereum remains neutral until the range is broken. A confirmed breakout above $2,800 on strong volume could trigger bullish expansion, while a breakdown below $2,400 may signal the start of a deeper correction. Traders should closely monitor volume at the breakout point to confirm directional conviction.



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June 10, 2025 0 comments
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1,850,000,000 XRP Open Interest Sets Price on Rare Breakout Path
Crypto Trends

1,850,000,000 XRP Open Interest Sets Price on Rare Breakout Path

by admin June 10, 2025


XRP has seen a bullish twist in the last 24 hours as investors bet heavily on the asset, causing a spike in open interest. According to CoinGlass data, XRP spiked by 5.11%, resulting in traders committing $4.26 billion to XRP’s futures contract.

XRP’s on-chain activity spikes amid consolidation

Notably, open interest signals the volume of futures contracts investors have opened on XRP as they anticipate a bullish rally. Traders committed a total of 1.85 billion XRP during this period.

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The development has positively impacted XRP, as the price climbed from a low of $2.25 to a peak of $2.33. This marks a shift for the coin, which plunged to $2.09 within the last seven days, testing the $2 support level.

The current increase in open interest suggests investors are optimistic about a possible breakout amid ecosystem developments. Recently, XRP displayed resurgence as on-chain activity surged, with market volume soaring by 800 million in daily transactions.

As of press time, XRP is changing hands at $2.28, representing a 0.93% increase after a slight correction. Despite the bullish sentiment in the ecosystem, the asset has lost the critical $2.30 support level again.

Regardless, market participants remain optimistic that XRP could rally and retest the $3 level again. The technical indicators suggest the asset could break out soon after this protracted consolidation.

BlackRock speculation fuels ETF optimism

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On the broader crypto market, speculations of BlackRock joining the spot XRP exchange-traded fund (ETF) race remain high. If BlackRock signals interest in XRP, the asset manager could shake up the space.

Although BlackRock previously dismissed any interest in the XRP ETF, a reversal of interest could increase the chances of approval from the U.S. regulator. At the moment, Polymarket bettors remain positive that the Paul Atkins-led Securities and Exchange Commission could give the nod before the end of 2025.



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June 10, 2025 0 comments
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Solana
GameFi Guides

Solana Price Gears Up For Breakout After Volatility Squeeze

by admin June 8, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana (SOL) is showing signs of a potential breakout on the 15-minute chart, as price action contracts into a tighter range. This volatility squeeze precedes a significant move, with market participants awaiting confirmation of direction. The consolidation phase has formed a recognizable breakout structure, with highs and lows converging, suggesting that pressure is building beneath the surface.

Breakout Structure Taking Shape On Lower Timeframe

According to Andrew Davis’s post on X, Solana experienced a sharp sell-off that briefly pushed the price below $142. However, the cryptocurrency quickly bounced back, demonstrating strong buying interest and resilience. 

SOL has climbed back above the $150 mark, showing signs of building strength and momentum. This recovery suggests that the market is absorbing selling pressure. If this upward momentum continues, SOL could be poised for further gains. 

Crypto analyst Gemxbt noted that Solana exhibits a descending triangle pattern on the 1-hour chart, which is typically regarded as a bearish continuation signal. A descending triangle pattern has formed as the price creates lower highs while holding a relatively flat support zone at $145, a key level that has been defended multiple times.

SOL’s upside trend rebuilding | Source: Andrew Davis on X

Despite the generally bearish structure, the chart has shown a bounce off this support, suggesting a temporary reversal. On the upside, resistance near $155 remains a crucial hurdle. 

For SOL to confirm a sustained reversal, it would need a breakout above this level, potentially signaling a shift in market sentiment. Further supporting the idea of a potential reversal, technical indicators are reflecting oversold conditions, which hint that the selling pressure may be exhausted, increasing the likelihood of a short-term recovery.

Giottus Crypto Exchange also shared insights on Solana price structure, identifying a bullish Shark harmonic pattern emerging on the 4-hour chart. He analyzes that Point D of the Shark pattern has aligned with the 1.618 BC Fibonacci extension, landing at the $147 level. 

This area is considered a potential reversal zone. The presence of this harmonic pattern at a critical extension, combined with price action, indicates that a bullish reversal could be underway. If the pattern holds, upside targets are projected in the $180 to $190 range.

Solana Tests Wedge Resistance As Bulls Eye Breakout

SOL’s anticipated upward move seems highly likely. Whales_Crypto_Trading also outlines that Solana is showing signs of a breakout as it approaches the upper boundary of a broadening wedge formation on the 4-hour chart. A pattern characterized by diverging trendlines often indicates increasing volatility and uncertainty, but also tends to precede explosive price action once a breakout occurs.

SOL is consolidating beneath the wedge’s resistance, with price action tightening and volume beginning to show signs of building, which could trigger a wave of bullish momentum toward targets at $215, $228, $243, and $265.

SOL trading at $151 on the 1D chart | Source: SOLUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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June 8, 2025 0 comments
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Ethereum price eyes breakout, ETHA ETF nears $5b milestone
GameFi Guides

Ethereum price eyes breakout, ETHA ETF nears $5b milestone

by admin June 7, 2025



Ethereum price may be on the verge of a bullish breakout to $4,000 after forming a bullish flag and a golden cross pattern, and as the iShares Ethereum ETF nears a crucial milestone.

Ethereum (ETH) was trading at around $2,500 at last check on Saturday — higher than this week’s low of $2,380.

A potential catalyst for ETH is the ongoing exchange-traded fund inflows, which have surged in the past few weeks. SoSoValue data shows that these funds have added substantial inflows in the past three weeks.

They added $25 million on Friday, the 15th consecutive day of gains, bringing the cumulative inflows to over $3.3 billion. All these funds now hold over $9.4 billion in assets, equivalent to 3.1% of Ethereum’s market cap.

The iShares Ethereum ETF, whose ticker symbol is ETHA, has had a cumulative inflow of $4.85 billion and is slowly nearing the $5 billion milestone. This growth is likely because BlackRock is the biggest name in the ETF industry, and it trades at a 0.35% discount to net asset value.

Rising Ethereum ETF inflows are notable because it is an indirect signal that American institutional investors are buying. 

More data shows that Ethereum’s network is doing well. For example, the total value locked in its decentralized finance ecosystem has jumped by 26% in the last 30 days to $130 billion. Its bridged TVL has moved to about $400 billion, while the stablecoins in its network have jumped to $125 billion.

Ethereum price technical analysis

ETH price chart | Source: crypto.news

The daily chart shows that ETH price surged in May and reached a high of $2,743, which coincided with the 50% Fibonacci Retracement level. 

It has now formed a bullish flag pattern, a common bullish continuation sign. This flag pole is about 50% long, and measuring the distance from its breakout zone gives the target price of $4,097. This target coincided with its highest point in 2024.

The other bullish case is that Ethereum price has formed a golden crossover as the 50-day and 200-day Weighted Moving Averages have crossed each other. This crossover often leads to more gains. For example, it happened in November last year, triggering a 35% jump. 



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June 7, 2025 0 comments
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