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Tag:

golden

Shaurya Malwa
NFT Gaming

Golden Cross Fails to Lift DOGE as Sellers Overwhelm Rally

by admin August 18, 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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August 18, 2025 0 comments
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Solana (SOL) Golden Cross Canceled, XRP Key Breakthrough Incoming, Shiba Inu (SHIB) Reveals Key Pattern
GameFi Guides

Solana (SOL) Golden Cross Canceled, XRP Key Breakthrough Incoming, Shiba Inu (SHIB) Reveals Key Pattern

by admin June 25, 2025


  • Solana rally canceled
  • Shiba Inu recovery imminent

With the much-anticipated golden cross setup now formally off the table, Solana has once again failed to secure a sustainable bullish breakout. Even though the shorter-term moving averages briefly hinted at a possible crossover of the longer-term trendlines, the momentum quickly waned, pushing the asset back below significant resistance levels.

A classic bullish signal that frequently precedes major rallies is the golden cross, which is usually created when the 50-day moving average crosses above the 200-day moving average.

The 50 EMA was unable to break decisively above the 200 EMA in Solana’s case, despite a brief convergence of the moving averages in early June. Rather than that, the averages just touched before diverging once more, suggesting that Solana’s recent price action lacked strength. A bearish tone throughout the chart has been strengthened by this technical failure.

SOL/USDT Chart by TradingView

SOL is currently having trouble holding below all important moving averages, including the 26, 50, 100 and 200-day EMAs after failing to maintain above the $150 USDT zone initially. The asset has not maintained its slight recovery from last week’s lows of about $130, and it is currently trading close to $143. There is no genuine buying interest, as evidenced by the volume’s continued downward trend.

Because of the RSI hovering around the low 40s, market participants are reluctant to take on risk and momentum is still muted. Structurally speaking, Solana’s rejection close to the 200 EMA, and the absence of volume support imply that unless there is a resurgence of overall market strength, the asset may continue to be stuck in a sideways or even downward pattern. 

As of right now, traders should exercise caution because the golden cross setup’s invalidation eliminates a crucial bullish narrative, and Solana looks ready to consolidate, or worse, revisit support levels around $125, in the absence of fresh volume or a macro catalyst.

Solana rally canceled

Following a surprising recovery from the recent decline to the $2.10 level, XRP is once again at a critical technical juncture, testing the 26-day exponential moving average. Bulls are trying to regain momentum and push the price above important resistance levels, and the asset’s current battle with the 26 EMA is looking like it could make or break the asset. XRP was able to recover successfully from the 200 EMA, which has historically served as dynamic support after forming a descending wedge pattern.

The 26 EMA, which is currently serving as immediate resistance, was directly approached by the upward movement that followed. A successful breakout above this line would be a bullish technical signal that might open up more upside particularly if volume is also rising.

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But that is where the trouble starts. The volume profile is still unimpressive, even though the price on the chart is resilient. A lack of notable traction or whale accumulation is reflected in on-chain indicators and trading activity has been gradually decreasing. Put more simply, this move is not supported by any real firepower, at least not yet. The fact that XRP’s RSI is in the neutral zone indicates that there is still potential for movement in either direction, but it lacks conviction. 

The bounce might become a brief fakeout instead of the beginning of a more extensive reversal if the current move is not backed by stronger volume inflows and on-chain confirmation. All eyes are still on the 26 EMA in the near future. A move toward $2.30 and possibly higher can happen if XRP breaks through and stays above it. However, if this is not done, the $2.10-$2.00 support range might be retested. Traders should exercise caution for the time being, as XRP is showing promise but not strength.

Shiba Inu recovery imminent

Although Shiba Inu has shown a slight market recovery, a closer examination of the daily chart indicates that prudence might be necessary. SHIB was able to recover the $0.0000120 zone following a significant reversal from the recent local low at around $0.0000110 USDT. This was made possible by increasing momentum on the Relative Strength Index (RSI), which rose from oversold conditions.

The foundation of the current rally has been this increase in RSI, but it may not be sufficient. Even though the short-term price action appears to be positive, the existence of a shooting star candlestick pattern raises doubts about how long this move can last. The shooting star pattern, which usually shows up at the top of upswings and indicates possible exhaustion, is distinguished by a long upper wick and a small real body close to the session’s low.

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This might be seen as a warning that the recent buying pressure on SHIB is already abating. Volume indicators are still comparatively muted, which makes it impossible to verify how strong the bounce was. The market may experience a brief retracement before any long-term breakout is possible because it is unable to produce meaningful follow-through at this point.

The 26 EMA (approximately $0.0000134 USDT) is now SHIB’s direct resistance. To move sentiment from recovery to a complete reversal, there would need to be a clear break and consolidation above that level. In the meantime, the combination of a bearish candlestick pattern and low volume strongly suggests exercising caution.



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June 25, 2025 0 comments
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We're Entering a Golden Age of Marvel Fighting Game Figures
Product Reviews

We’re Entering a Golden Age of Marvel Fighting Game Figures

by admin June 24, 2025


A few weeks ago, Hasbro revealed it was cooking up a massive tribute to the legacy of Capcom’s Marvel fighting games, from Children of the Atom all the way through to the legendary Marvel vs. Capcom franchise, with a series of Marvel Legends figures replicating aesthetics and matchups from across some of the most iconic fighting games ever made. But would it be a fighting game without a shock new challenger entering the ring?

Last night Bandai confirmed that it would be kicking off its own “Gamerverse” line of figures in the S.H. Figuarts range, likewise inspired by the classic Capcom Marvel games, starting with a downright glorious Cyclops that’s due out this November for ¥9,900 (or around $68). Heavily inspired by the aesthetic of Bengus’ artwork for the likes of Marvel vs. Capcom and X-Men vs. Street Fighter (itself drawing inspiration from Cyclops’ then-current Jim Lee suit from the ’90s refresh of the X-Men comics), the figure is more than just Bandai’s first crack at comics-inspired X-Men figures (the Figuarts line has had a few mutant entries via movie adaptations, most notably Deadpool and Wolverine via their appearances in Deadpool & Wolverine). It’s a celebration of Cyclops specifically as he appeared in those classic fighting games.

It’s very cool to see the SHF Cyclops hitting all the poses you’d want him to hit from those early games, from his legendarily sassy Optic Blast pose, to hitting a Gene Splice uppercut, to, of course, using a set of back sheets to replicate his massive Mega Optic Blast hyper combo. He can even do his little x-hand pose before he fires, to boot!

But what’s most interesting about this wave of merchandising nostalgia for the early Marvel/Capcom games—off of the back of the re-release of several of the classic games in the Marvel vs. Capcom Fighting Collection last year—is that they’re now all dropping right as Marvel’s fighting game legacy prepares to move away from Capcom itself. The start of this month saw Sony make a surprise reveal of Marvel Tōkon: Fighting Souls, a new tag-team fighter in the vein of those classic Capcom titles, but made by Guilty Gear‘s Arc Systems Works. It was the first major Marvel fighting game not developed by Capcom in years, and came in the wake of the disappointing release of Marvel vs. Capcom Infinite back in 2017.

The MvC series had spent nearly a decade wash with disappointment for the latest title, while also patting itself on the back for the legacy that had come before it. Now, on the video game front, that legacy is preparing to go elsewhere. But on your toy shelf, at least, it’s staying firmly put in Capcom’s court.

Want more io9 news? Check out when to expect the latest Marvel, Star Wars, and Star Trek releases, what’s next for the DC Universe on film and TV, and everything you need to know about the future of Doctor Who.



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June 24, 2025 0 comments
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Golden Cross Useless? Crucial Bitcoin (BTC) Signal You Shouldn't Ignore
NFT Gaming

Golden Cross Useless? Crucial Bitcoin (BTC) Signal You Shouldn’t Ignore

by admin June 24, 2025


  • Bitcoin plunges
  • XRP holds it

Recently Ethereum displayed the golden cross, which is typically regarded as one of the most bullish technical indicators in trading. A long-term uptrend usually begins when the 50-day moving average crosses above the 200-day moving average. The market, however, was indifferent.

After the golden cross formed, ETH fell sharply instead of rising, losing support levels and plunging below all significant moving averages. With the 200-day EMA providing the only weak support around the $2,200 zone, the asset has fallen below both the 50- and 100-day EMAs and is currently trading at about $2,245. 

What a golden cross is intended to mean is completely contradicted by this breakdown. Over the past few years, the golden cross has actually become less and less relevant. Historically these signals have not appeared at the start of a significant bullish trend but rather close to the tail end of a recovery rally or just prior to a reverse.

ETH/USDT Chart by TradingView

When it came to Ethereum, the most recent cross was a lagging artifact of the uptrend that started in APril rather than a prediction of future strength. Furthermore, macroeconomic circumstances on the cryptocurrency market do not correspond with the optimism that this signal typically arouses.

The future of ETH is now much more uncertain due to weak volume buyers, lack of follow-through and rejection at $2,600, a previous resistance zone. Today the golden cross is at best less of a call to action and more of a lagging indicator of market structure. It informs traders that while ETH has been rising lately, there is not a new uptrend in sight.

The signal will be dismissed as just another fakeout in a technical environment that is becoming more and more unpredictable unless a strong bounce quickly reclaims important resistance levels.

Bitcoin plunges

Although the market’s quick response to Bitcoin’s recent decline below the psychological $100,000 mark caused some investors to panic, the market’s reaction shows that the bulls are not sleeping. In fact the force and speed of the recovery back above $100,000 indicate that buyers still have a lot of power, which could alter the course of events in the weeks ahead. 

Bitcoin hit the 100-day EMA (orange line) on the chart, sliced through it for a short while, then bounced back hard to close above the EMA and the important round-number support level. This kind of V-shaped recovery is frequently observed when large-scale buyers swiftly absorb short-term panic selling, suggesting that accumulation is occurring beneath the surface. 

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Bitcoin has been forming a descending triangle pattern, which is frequently interpreted as a bearish formation and adds even more significance to this bounce. That outlook is called into question, though, by the failure to break down decisively and the quick rebound. Actually, fakeouts, when bearish expectations are turned into breakout rallies, often precede such price action.

To support the bullish argument, momentum indicators such as the RSI are also displaying signs of recovery after approaching oversold territory. It appears that this was not merely a dead cat reaction but rather a defended level as volume data supports the strong buyer presence during the bounce.

The recovery from below-$100,000 levels is a bullish signal that should not be disregarded even though BTC still faces resistance at the descending trendline (~$106,000). It indicates that bulls are ready to intervene forcefully at psychological support and if the trend holds, a push back toward $105,000-$110,000 may be possible sooner than most people think. The next step could be swift, so pay attention to the follow-through.

XRP holds it

When XRP’s price nearly dropped below the technically and psychologically important $2.00 support, it was on the brink of a critical breakdown. Just days ago, the token broke below all of the major moving averages and breached the symmetrical triangle pattern to the downside, which is a classic indication of bearish momentum; particularly since the 200-day EMA at $2.17 no longer served as a backstop, sentiment swiftly soured.

Still, the panic did not come to pass. With a last-minute bounce, XRP managed to regain its position above the $2 mark, closing at $1.90 and briefly falling. This level of resilience indicates that buyers who believe that XRP is undervalued at less than $2 have a clear demand for it. The slight increase in volume suggests that this was not merely a dead-cat bounce but rather the beginning of a stabilization phase.

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Given that XRP was significantly oversold prior to the bounce the current RSI reading of 34 lends some support to the notion of a technical rebound. Holding the $2.00 threshold, which has served as a battleground and a magnet, may allow for a brief recovery toward the $2.17-$2. 23 range, which is where the 50-day and 100-day EMAs are located.

However, there is still hope for XRP. It has not yet invalidated the bearish breakdown from the triangle pattern and is still well below its 200-day EMA. For the asset to even start shifting the market structure back to neutral or even bullish, it must close several sessions above $2.20.



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June 24, 2025 0 comments
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Cardano (ADA) Golden Cross Flip Not Close, Here's Reason
Crypto Trends

Cardano (ADA) Golden Cross Flip Not Close, Here’s Reason

by admin June 21, 2025


Cardano (ADA) plunged from a peak of $0.6045 down to $0.5630 in the last 24 hours as the asset continues to battle sell pressure. The current technical setup of the asset shows its golden cross flip is far from being close.

ADA price slides as death cross persists

According to CoinMarketCap data, Cardano is currently changing hands at $0.5847, representing a 2.97% decline in the last 24 hours. However, this suggests that ADA has regained some of its losses in earlier trading sessions.

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Notwithstanding, Cardano is witnessing huge selling pressure from holders looking to minimize losses as volatility persists. The asset’s MA Cross technical indicator specifically shows the death cross formation remains, as the 9-day and 21-day moving averages remain wide apart.

Cardano Price Chart | Source: TradingView/CoinMarketCap

In order for the current setup to flip into a golden cross, Cardano must register significant gains to reverse the market’s ongoing sell-off.

Notably, ADA must breach the $0.62 resistance level and stabilize above it to regain its bullish momentum. This looks likely, with trading volume in the green zone having increased by 65.51% to $754.16 million in the last 24 hours.

However, if this volume suffers a sharp decline, Cardano’s quest for a bullish rally might fade as ADA could retest the $0.56 support.

Bullish sentiment grows for Cardano despite technical setback

Despite Cardano’s current price volatility, investors in the broader crypto ecosystem remain bullish on the asset. As per a recent poll by TheBlockchainMedia, 56% of respondents were positive that ADA could post a bullish recovery.

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Interestingly, XRP, one of the other assets in the poll, could only garner 20% of users’ support. This indicates that market participants are anticipating a price rebound for ADA.

This positive sentiment supported Cardano in hitting the 110 million transactions milestone recently as its adoption continues to surge.



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June 21, 2025 0 comments
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Alex Cranz
Product Reviews

The golden Trump Phone is almost certainly not made in the US

by admin June 20, 2025


Not content with a real estate empire and the presidency of the United States, the Trump family is wading into the phone wars like it’s 2011 with a shiny gold monstrosity called the T1, the marketing of which leans extensively on the narrowest idea of patriotism. Beyond the immediate question — why do this, like, at all? — the T1 invites a question that’s perhaps easier to interrogate: How can any modern smartphone claim to be made in the US?

Over the last 40 years America has led a massive globalization effort that allows companies to pick and choose where they develop and build hardware that finds its way back to the US. The best chips to run your phone are built in Taiwan — regardless of the phone maker. The best phones are built in China, India or Vietnam. The displays are often produced in Korea. The glass is actually made in America. The sand that will eventually become the silicon wafers chips are made of is sourced here too. But most phones, and virtually all smartphones found in America, are globally produced devices. An all-American golden Trump phone is about as fantastical as the big, beautiful bill’s promise to make all Americans rich.

The phone has reasonable specs for the $499 price tag. There’s a 6.8-inch AMOLED display with a punch hole for the 16MP front camera, 12GB of RAM, 256GB of storage. Its rear array of cameras includes a 50MP main camera, a 2MP depth sensor and a 2MP macro lens. Notably lacking in the spec list is the processor. Perhaps that’s a typo, or perhaps that’s because nearly all smartphone processors are made overseas.

Multiple analysts have suggested the Trump T1 is actually a reskinned Revvl 7. That’s a $200 Android phone currently offered by T-Mobile in the US and manufactured by Wingtech, a (partially) state-owned Chinese phone maker and semiconductor manufacturer. However the specs and outer appearance better align with the €180 (also about $200) Coolpad X100, which is mentioned as a “related phone” to the T1 on the smartphone database GSMArena. Similarly, that phone has a 6.8-inch AMOLED display, 256GB of internal storage and up to 12GB of RAM, but its cameras are significantly higher resolution and it has a flash built into its camera module. It, like the Revvl 7, is manufactured in China by a Chinese company.

Don Jr and Eric Trump haven’t said if the T1 is a reskin of the Revvl 7 — or any other existing phone for that matter — instead insisting their device will eventually be made in the US. (Note that word “eventually.” It is doing a lot of work.) The Trump brothers have chosen their words like lawyers are watching, likely because the Made in America claim they’re making isn’t just marketing, it’s enforceable by the Federal Trade Commission. You can’t just slap it on a crummy Chinese phone and call it a day.

“The FTC actually has very strict regulations on how you label products and country of origin,” Todd Weaver, CEO and Founder of Purism, told me. Purism is an American company that produces its own operating system to compete with iOS and Android and is the only company in the US which can actually use any part of the “Made in America” claim for its phones. In our call he sounded a little irritated about the T1’s claims, but was eager to explain how the labeling works.

The Purism Liberty Phone. (Purism)

“I don’t make that claim and I manufacture all the electronics in the US,” Weaver said. Purism had to go with a non-phone processor for the Liberty phone because no company based in America makes phone processors (yet). Even with a non-standard chip, Purism’s processor comes from its supplier’s fabrication in South Korea. He found it financially challenging to source a chassis in the US as well. An unqualified Made in America claim would mean that a phone was not just assembled here, but every single part of the device was manufactured here as well. That’s an essentially impossible task for phone makers. It’s why Purism’s phone has the label Made in America Electronics instead. Weaver could get a lot, but not all of the parts manufactured in the US.

While it’s certainly theoretically possible the Trump brothers could take all the wealth they’ve been amassing since their father reentered the Oval Office to brute force a more American phone, it isn’t happening any time soon. The Trump T1, which they claim will be sold in September, cannot carry that label, at least not legally. (Whether the current FTC would prosecute the president’s sons for misrepresenting the T1 is another story entirely.) We’ve reached out to the FTC for comment and as of publishing have not heard back.

So what about other pro-American manufacturing labels? The Trump Brothers have hinted that the phones will be assembled here — even if the Revvl 7 (or Coolpad X100) is currently not. Those labels are also governed by the FTC and they’re not easy to get around. A simple “screwdriver” operation (importing almost entirely foreign parts and fitting them together in the States) is even provided by the FTC as a straightforward example of consumer deception.

That’s a lesson we all learned when Apple promised to start building computers domestically again. In 2019 it announced a big factory in Texas under pressure from the Trump administration to bring more manufacturing jobs to America. But even though people are putting screws into Mac Pros stateside, those can’t carry the label “Assembled in America.” Instead they’re “Designed in America” and a “Product of Thailand” with “Final Assembly in America.” It’s a global device.

Electronics are global devices and no amount of gold gilding or misleading claims from the sons of American presidents can change that. The best estimates from manufacturing experts claim it will be half a decade, minimum, before Apple or Samsung could be building phones in the US.

Weaver has already mused about reporting the Trump brothers for claiming their gold-gilded T1 is Made in America, and noted that anyone (even you, dear reader) could do the same.

If you buy something through a link in this article, we may earn commission.



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June 20, 2025 0 comments
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Golden Skyrocketing Looms, Bitcoin (BTC) to Lose $100,000?
NFT Gaming

Golden Skyrocketing Looms, Bitcoin (BTC) to Lose $100,000?

by admin June 20, 2025


  • Ethereum’s potential catalyst 
  • Bitcoin in danger

One of the worst technical periods in Shiba Inu’s recent history is currently underway. After declining steadily the asset is currently perilously above a fundamental support level at approximately $0.00001159. SHIB might be forced into territory not seen since early 2023 if there is a breakdown below this zone, which could lead to a steeper correction. Given the accompanying volume profile, the situation is especially dire. 

Over the past several weeks, SHIB’s trading volume has been steadily declining, indicating a troubling lack of interest from institutional and retail players. A price decline accompanied by a decline in volume is a classic indication of bearish exhaustion or abandonment rather than a healthy correction or reaccumulation. 

SHIB/USDT Chart by TradingView

The 50, 100 and 200-day EMAs are all significant moving averages that have become solid resistance zones, and SHIB is currently trading well below them. There is no obvious indication of a reversal in sight, and the declining slope of each of these averages only serves to confirm the current bearish trend.

This dire situation is also supported by the RSI, which shows that the asset is having difficulty attracting even short-term speculative interest as it hovers in oversold territory without showing any discernible bounce. More losses appear likely unless SHIB can quickly recover above the $0.00001200 barrier and regain its 50-day EMA. It is bleak because there is not any catalyst. The technical picture is getting worse, and the community seems to be getting less involved.

Ethereum’s potential catalyst 

As it lingers around important moving averages, Ethereum is once again at a technical turning point. This is in preparation for a possible golden cross, a bullish signal that could spark a significant price increase. When a shorter moving average like the 50-day EMA crosses above a longer one like the 200-day EMA, it is known as a golden cross.

Ethereum had a strong rally in May, rising from below $2,400 to almost $2,900 in a few sessions. Based on price action, it appears to be in a phase of healthy consolidation. As ETH has moved sideways since then, it has formed a flag-like structure that frequently signals the start of another upward leg, especially when supported by a technical trigger like a golden cross. 

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The recent cooling of the BTC to ETH rotation is significant because it suggests that Ethereum may be about to enter a phase of independent momentum. Since Bitcoin’s dominance has leveled off, ETH and other significant altcoins are now able to breathe easier. Now that the rotation story is less important, Ethereum can determine its course using its own technical positioning and fundamentals.

The amounts of $2,460 and $2,375 are support levels to keep an eye on; these are areas that closely match short- to mid-term EMAs and may serve as launching pads if selling pressure increases. On the plus side, a clear break above $2,800 would highlight the psychological level of $3,000 and probably lead to new technical trader inflows.

Bitcoin in danger

With traders watching for a possible decline below $100,000, the price of Bitcoin is perilously near a critical psychological and technical level. At $104,900, Bitcoin is currently trapped between thin bid support at $103,000 and liquidity at $105,000. Global macroeconomic tensions exacerbate the market’s hesitancy, which keeps volatility low and traders wary. The $105,000 mark is turning out to be a crucial turning point.

BTC has had difficulty breaking through this ceiling because it is not only psychological resistance but also the location of significant sell-side liquidity clusters. Any persistent rejection from this sector might trigger a wave of bids that could eventually reach $103,000. This narrative is further supported by local volume metrics.

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The Point of Control (PoC), as indicated by the Fixed Range Volume Profile (FRVP), is at $103,000. Throughout June, this level has served as both support and resistance. Its relevance is further highlighted by the fact that this level overlaps with the weekly composite volume profile. Bitcoin faces a significant increase in downside risk if it is unable to maintain above this zone.

Because the RSI is neutral, neither bulls nor bears have a significant advantage. The likelihood that Bitcoin will chop or bleed lower into support appears to be growing unless a clear catalyst surfaces. Furthermore, $100,000 becomes a brittle floor, if not a trapdoor, if $104,000 breaks convincingly.



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June 20, 2025 0 comments
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Bitcoin Scores Ultra Rare Golden Cross Versus Gold
GameFi Guides

Bitcoin Scores Ultra Rare Golden Cross Versus Gold

by admin June 16, 2025


In the last two days, Bitcoin has formed what is known as a golden cross against gold – where the 23-day moving average crosses above the 50-day. It is not that unusual on traditional asset charts, but this crossover between Bitcoin and precious metal is rare and is usually seen as a big shift in current momentum.

Since the cross took shape, Bitcoin price has outperformed gold by 2.67%, with the BTC/XAU ratio now at 31.6. At the moment, one Bitcoin is basically the same as 31.6 ounces of gold. That is a notable move, even if it is still well below the all-time high of 41.074 set back in December 2024.

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Right now, Bitcoin is trading at around $107,500, while gold is at $3,404 per ounce. This puts BTC close to its recent highs and makes it stronger compared to gold, which has been rather stable recently, though trading at an all-time high too.

Source: TradingView

Golden crosses do not always mean that prices will keep rising, but they do suggest that things might be changing. They often get the attention of both algorithms and traders who are making decisions about what to buy and sell. 

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This could be a sign that Bitcoin is becoming a popular choice again as a way to store value, especially when the markets are still figuring out where to put their long-term money. On the other hand, it can be an indicator that markets are turning the switch on for risk mode.

It is not the first time Bitcoin has gained momentum against gold, but this particular cross comes after a quieter stretch in the BTC/XAU pair. With the big economic picture still up in the air and investors switching between inflation, interest rates and geopolitical issues, these kinds of shifts tend to get noticed.



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June 16, 2025 0 comments
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Shiba Inu (SHIB) to Add Zero? Three XRP Tests Just Happened, Ethereum (ETH) Golden Cross Next in Line?
Crypto Trends

Shiba Inu (SHIB) to Add Zero? Three XRP Tests Just Happened, Ethereum (ETH) Golden Cross Next in Line?

by admin June 16, 2025


  • Shiba Inu in trouble?
  • Ethereum’s chance

XRP has once again demonstrated its tenacity by surviving the 200-day exponential moving average, a crucial technical zone. Three times in the past few trading sessions XRP has tested the 200 EMA, each time recovering with significant strength. The long-term trend indicator is now a significant support level and a crucial indicator of investor sentiment as a result of these repeated tests.

As can be seen from the chart, XRP regularly fell to test the 200 EMA (black line) in the $2.09-$2.10 range during June. Every touch led to a strong recovery, indicating that when the asset reaches this fundamental support buyers are acting quickly. Bulls need a stable base to form during erratic market conditions, and this type of repeated interaction with a major moving average without breaking below it frequently suggests the formation of one.

XRP/USDT Chart by TradingView

Although XRP is still technically range-bound between its 200 EMA support and its 50 EMA resistance, a breakout could occur soon as this range narrows. There is still potential for an upward push without going into overbought territory because the RSI indicator is still in the mid-40s, indicating neutral momentum. Although there hasn’t been a significant increase in volume traders, increasing confidence is demonstrated by the steady buying interest at support zones. XRP may quickly retest the $2.60-$2.70 range if it is able to turn its 50 and 100 EMA levels (~$2.25-$2.30) into support.

All things considered, these three successful tests of the 200 EMA are more than just transient bounces; they strengthen XRP’s structural integrity and pave the way for a more robust recovery, assuming the overall market stays steady. To validate this bullish setup bulls will now be watching for a clear push above the short-term EMAs.

Shiba Inu in trouble?

Shiba Inu is on the verge of a serious psychological collapse, also known as the adding a zero scenario. The asset has gone into freefall, and the likelihood that SHIB will plunge even deeper into the abyss is growing every day based on the current price performance. As of this writing, SHIB is trading significantly below important moving averages such as the 50, 100 and 200 EMAs at around $0.00001195.

For weeks, price action has been trapped beneath these resistance levels and every attempt at a recovery has fallen short, indicating a market devoid of conviction or robust buying momentum. Technically speaking, the key structural level that held the line during previous corrections, the support zone around $0.00001231, has been broken.

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There is more to this breakdown than just another dip. Investors and whales may be losing hope in the asset’s immediate recovery, according to this potential signal. The volume does not exhibit any bullish divergence. Actually, it has been steadily dropping, which indicates that even at these discounted levels interest is waning.

The RSI is hovering close to oversold territory, but it is only a warning and not a buying signal in the absence of bullish confirmation. The expression “adding a zero” describes a price tier drop that adds a new decimal place, in other words, SHIB falling below $0.00001000. That level might be broken sooner rather than later if the present selling pressure is not stopped.

The odds are still stacked against further downside unless SHIB experiences a significant reversal with volume confirmation or a significant catalyst. As of right now, the meme coin is not motivated by hype, which is a significant issue in a bear market. Investors should exercise caution as SHIB runs the risk of turning into a warning story rather than a success story.

Ethereum’s chance

Ethereum is on the cusp of a potentially technical advancement: the creation of a golden cross. The setup is growing more likely every day as the 50-day moving average quickly approaches the 200-day moving average. The crossover will probably occur unless there is a significant correction in ETH over the next week, which historically indicates the beginning of a mid- to long-term bullish trend.

Ethereum, which is currently trading at about $2,521, has proven to be very resilient despite recent market volatility. After recovering from the lower edge of a clearly defined ascending channel, the asset has continued to trade above its 100 EMA. This rebound was not an accident, rather, it serves as further evidence that these areas are still seen by market players as good places to accumulate.

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With no significant sell-offs in recent days, volume is still steady and the RSI is slightly below 50, providing some neutral breathing room for a possible momentum buildup. The foundations of Ethereum still contribute to the stabilization of investor sentiment.

The story is further fueled by the golden cross setup. Although there is no guarantee of immediate upside, this pattern frequently signals a change in the sentiment of the medium-term trend. The bullish crossover is nearly certain if Ethereum stays above the crucial support level between $2,450 and $2,500 and stays clear of falling below the 100 EMA.

Confirmation indicators for investors include rising volume on green days, RSI above 50 and solid closes above $2,600. These would imply that Ethereum is not only gaining traction but also laying the groundwork for a long-term breakout, possibly reaching $3,000 within the next month. If it is verified, the golden cross might be the catalyst.



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June 16, 2025 0 comments
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Bitcoin
Crypto Trends

Bitcoin Golden Cross Suggests Potential Surge To $229,000 – Details

by admin June 15, 2025


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

In the past month, Bitcoin (BTC) prices have shown little growth with a range bound movement between $103,000 to $110,000. 

Since establishing a new all time high of $111,931 in late May, the premier cryptocurrency has witnessed significant levels of selling pressure forestalling further levels of price discovery. 

Amidst this current market set up, popular trader with X pseudonym Trader Tardigrade continues to back Bitcoin’s bullish potential with another compelling price prediction. 

Bitcoin Bull Run Far From Over – Analyst

In an X post on June 14, Trader Tardigrade shares a captivating analysis of the Bitcoin market hinting the flagship cryptocurrency still has room for more price gains based on historical price data. 

Using the BTC daily trading chart, Tardigrade notes the recent formation of a golden cross as the 50-day simple moving average (50SMA) crossed above the 200-day simple moving average (200SMA) amidst the asset’s recovery in the past two months. 

Source: Trader Tardigrade/X

For context, the golden cross is  one of the most common bullish formations that indicate extensive price rally ahead. It occurs when a short term moving average moves above long-term moving average indicating a potential shift from consolidation or downtrend into a strong uptrend.

Since 2023, the three instances of the 50/200 SMA golden cross have yielded substantial price gains to the tune of 49%, 125% and 68%. 

Going by this price history, Tardigrade postulates the most recent golden cross tips Bitcoin to hit a market price of at least $152,000 representing a potential 44.7% gain from present market prices in a worse case scenario. 

However, in bullish circumstances, the analyst predicts the premier cryptocurrency could trade as high as $229,000 which reflects a possible 118% price increase from the asset’s current valuation. 

Tardigrade explains the feasibility of these predictions noting Bitcoin’s recent uptrend which has produced an estimated 47% from April lows. Notably, Bitcoin’s prices have boosted by 656% since the present market cycle commenced in late 2022. 

Bitcoin Price Overview

At the time of writing, BTC is valued at $105,552 after a 0.20% gain in the past day. The flagship cryptocurrency also retains a green performance on longer timeframes with gains of 0.03% and 1.41% on the weekly and monthly charts. 

Despite these positive figures, Bitcoin’s recent price action has shown signs of fatigue, with narrowing profit margins reflecting a consolidation phase and sideways movement over the past week. 

However, this cooling momentum has not dampened investor appetite. Notably, the Bitcoin ETF market saw a strong rebound, registering net inflows of $1.37 billion last week,  after two consecutive weeks of total net outflows valued at  $286.81 million.

BTC crosses above $105,000 on the daily chart | Source: BTCUSDT on TradingView.com

Featured image from iStock, chart from TradingView

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 15, 2025 0 comments
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