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price

Can XRP Price Mirror Apple’s 50000% Surge Since 2005?

by admin May 28, 2025

Amid the ongoing market turmoil, the cryptocurrency market has displayed increased price volatility over the past few days. However, the XRP price has constantly displayed a neutral price action during this period, raising multiple speculations about this digital asset.

Moreover, investors are wondering about the price prospects of this altcoin. Furthermore, questions like “How high will XRP rise?” has taken over the crypto community by storm. Are you one of many to do the same, in this article, we will understand the market sentiments of the Ripple price.

AAPL Stock Skyrockets 500 Times in 20 Years

Apple Inc. displayed a massive jump in its revenue during 2005 to $290 million from $46 million in 2024. It was a catalyst boom to launch the stock to higher grounds.

Following this, the stock price of AAPL experienced a massive price surge from a low $0.40 to over $200, a jump of 50,000%. Investors are now linking this to the price rally of XRP. Many speculate the price of Ripple’s XRP could witness a meteoric rise similar to Apple.

Moreover, people who sell XRP at say $4 after holding it at sub $2 for years would be the same as those who bought Apple stock at sub $1 and selling at $2 thinking they are geniuses.

Ripple Token on The Verge of a Major Price Action?

Over the past 24 hours, the XRP price has dropped over 4%. With this, it is on the verge of concluding the month on a bearish note as it has dropped 5% over the past week and approximately 3% this month. With a market cap of $131.86 billion, it is currently exchanging hands at $2.29.

The Relative Strength Index (RSI) has failed to breach its neutral point in the daily time frame, resulting in it recording a constant decline. Moreover, with its average trendline witnessing a constant decline, this altcoin may continue displaying a negative action.

While the 200-day EMA acts as a major support zone around the $2 mark, the EMA 50-day is on the verge of experiencing a bearish crossover in the XRP price chart. This hints at increased buying-and-selling pressure for the 04th largest token in the crypto space.

Will XRP Price Recover Soon?

If the bulls regain momentum, this could result in the Ripple price retesting its resistance zone of around the $2.50. Reportedly, if the bullish sentiment intensifies at that point, this may push the value of this altcoin toward its upper price target of $3 in the upcoming time.

However, if the bears outrun the bulls, the XRP coin price could lose momentum and plunge toward its important support level of $2 next month.

Also Read: XRP ETF on the Horizon? SEC Reviewing WisdomTree’s XRP ETF

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May 28, 2025 0 comments

NFT Gaming

Cardano (ADA) Price Prediction for May 28

by admin May 28, 2025

Bears are back to the game as the rates of most of the coins are in the red zone, according to CoinStats.

ADA chart by CoinStats

ADA/USD

The price of Cardano (ADA) has fallen by 2% since yesterday.

Image by TradingView

On the hourly chart, the rate of ADA has once again bounced off the support of $0.7460.

BERA price crashes as Berachain transactions, stablecoins plunge

by admin May 28, 2025

Berachain’s token crashed to a record low this week, erasing hundreds of millions of dollars in value as concerns about its network escalated.

Berachain (BERA) price dropped to $2.689, down 70% from its highest level this year. This steep decline has reduced its market cap from over $920 million in March to $339 million.

Activity on Berachain’s network continues to decline. According to Nansen data, it had only 104,000 active addresses over the past seven days, trailing behind other top chains like Sui (SUI) and Base.

Berachain’s transactions fell more than 40% in the last seven days to 4.245 million, making it the worst-performing chain tracked by Nansen. Fees on the network also dropped 37% to $5,200 over the same period.

This trend is mirrored over the past 30 days, with total transactions down 67% to 26.78 million and fees halved to $36,000.

Stablecoins are also fleeing the Berachain ecosystem. The network now holds $197 million in stablecoins, a sharp decline from its year-to-date peak of $1.34 billion. PayPal USD supply on Berachain has dropped 42% in the last 30 days to $105 million, while Honey has fallen 68% to $87 million.

Berachain stablecoin supply has dropped | Source: DeFi Llama

Worse, Berachain has had outflows of US dollars into its ecosystem for all days since March 27. The total value locked in its platform has dropped by 50% in the last 30 days to $2.92 billion.

These figures indicate that Berachain is rapidly losing traction, marking one of the steepest downfalls in the crypto industry this year.

BERA price technical analysis

Berachain price chart | Source: crypto.news

Berachain has been in a strong downtrend since hitting its post-airdrop high of $9.1823 on March 2.

The eight-hour chart shows that BERA price is hovering near its all-time low of $2.70, forming a double-bottom pattern. A double bottom is one of the most bullish reversal signs in technical analysis.

However, BERA remains below its 50-period and 100-period moving averages. While the double-bottom pattern may suggest a potential relief rally, a drop below $2.7021 would invalidate the bullish case and could open the door to further downside, potentially targeting the psychological level of $2.50.

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May 28, 2025 0 comments

NFT Gaming

‘Bitcoin Is The Way,’ Expert Tom Lee Says, Expecting Massive Price Surge

by admin May 28, 2025

Head of Funstrats Tom Lee has published a post on the X social media network, where he shared an ultra-bullish Bitcoin price prediction, hinting that he expects the world’s bellwether crypto’s price to reach a so-called “banana zone” at the end of this cycle.

Bitcoin to enter “banana zone”

Lee shared a tweet issued by Julien Bittel, the head of macro research at Global Macro Investor. Bittel’s X post features an infographic, showing four Bitcoin cycles which began in 2011. The first three already finished, each of them reaching a “banana zone.” Each of those cycles included two correction phases. According to the chart, the current BTC cycle started in 2022, and Bitcoin is currently in the first correction phase.

“Higher… much higher,” Bittel said in his tweet, while Tom Lee commented: “Bitcoin is the way.”

Tom Lee predicts Bitcoin to reach $150,000

Earlier this year, Tom Lee told CNBC that after a rebound towards $50,000 or $60,000, which would be a normal correction, BTC would resume growing and would reach $150,000. On May 22, the largest digital currency surged to reach an all-time high of $111,970 after the US and China agreed on a 30-day “truce” in their trade war.

Lee also revealed that he expects Bitcoin to catch up to gold. Back then, BTC was changing hands at about $78,000. Lee said that BTC had fallen there because institutions had sold everything they could sell, including stocks and Bitcoin. After that, he believed, Bitcoin had a lot of space for an upward movement, expecting it to catch up with gold in terms of price growth.

Saylor calls Bitcoin “the only money”

Michael Saylor, the founder of Strategy and a Bitcoin permabull, has published a photo of himself meeting the Winklevoss twins at the recent Bitcoin 2025 annual event. In this photo the founders of the Gemini crypto exchange presented a Gemini Bitcoin Credit Card to him.

Saylor accompanied his tweet with a caption, saying “Bitcoin is money. Everything else is credit.” This comment highlights the attempts of Gemini to integrate BTC in everyday spending, since this card allows users to receive Bitcoin rewards for spending fiat money from it.

Tyler Winklevoss stated in his tweet that Saylor’s card contains “the whale limit,” hinting at Strategy’s huge Bitcoin acquisitions.

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May 28, 2025 0 comments

GameFi Guides

Bitcoin Entering Price Discovery? Golden Ratio Multiplier Suggests $130,000 Ahead

by admin May 28, 2025

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

Bitcoin (BTC) appears to be gearing up for another price discovery phase. The leading digital asset by market capitalization has gained an impressive 17.4% over the past month, setting a new all-time high (ATH) of $111,980 on May 22.

Bitcoin Ready To Enter Price Discovery Mode?

According to a recent X post by crypto analyst Titan of Crypto, BTC may soon enter price discovery mode once again. The analyst shared the following daily chart indicating that Bitcoin is targeting the blue line of the Golden Ratio Multiplier, with a potential price target of $130,000.

Source: Titan of Crypto on X

For the uninitiated, the Golden Ratio Multiplier is a Bitcoin price model that applies Fibonacci multiples – such as 1.6, 2, 3, 5 – to the 350-day moving average to identify potential resistance and support levels during market cycles. The indicator helps visualize when Bitcoin is overbought or undervalued relative to its long-term trend.

On a broader time frame, BTC also seems to be following a Fibonacci Extension pattern, with the next major resistance projected at $135,000. Interestingly, Bitcoin followed a similar pattern in November 2025, which was followed by the creation of multiple new ATHs.

Source: Titan of Crypto on X

In a separate X post, fellow crypto analyst Jelle noted an interesting observation. Despite BTC trading near its ATH, funding rates on major crypto exchanges – such as Binance, OKX, and Bybit – remain in negative territory.

Negative funding rates imply that a majority of traders are betting against BTC, expecting a short-term pullback. However, if the price continues its bullish trajectory, it could trigger a wave of short liquidations, potentially propelling Bitcoin to even higher levels.

Analyst Ted Pillows has also weighed in, predicting that BTC may reach $130,000 as early as July 2025. His projection aligns with the ongoing bullish sentiment supported by technical indicators and institutional interest.

Some Signs Of Caution

While the bullish momentum continues, some analysts urge caution. Veteran Bitcoin enthusiast Willy Woo recently noted that the ‘Structure Shift’ signal is beginning to show early signs of a bearish pivot. Woo pointed out that capital inflows into the Bitcoin network have remained ‘very flat’ over the past three days.

Woo warned that if BTC fails to establish new highs soon, it could lead to bearish divergences forming on long-term charts. Nevertheless, he emphasized that the broader outlook remains optimistic, with a possible upside target of $114,000 if Bitcoin maintains its upward momentum.

Adding to the positive outlook, Pillows also forecasted that BTC could hit $120,000 in the coming months, suggesting the asset is in the final phase of the Wyckoff Accumulation pattern. At press time, BTC trades at $109,491, up 0.1% in the past 24 hours.

BTC trades at $109,491 on the daily chart | Source: BTCUSDT on TradingView.com

Featured Image from Unsplash.com, charts from X and TradingView.com

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May 28, 2025 0 comments

Crypto Trends

How Will The Dogecoin Price Close Out May? Machine Learning Algorithm Leans Bearish

by admin May 28, 2025

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

The Dogecoin price is in focus as the month draws to a close. The meme coin has already enjoyed a 30% gain so far in May, but this machine learning algorithm suggests that DOGE is unlikely to enjoy further gains until the end of the month.

Machine Learning Algorithm Predicts Bearish Ending For Dogecoin Price

Coincodex’s machine learning algorithm has predicted that the Dogecoin price will suffer more declines in the coming days to close the month. The algorithm predicts that DOGE will drop to $0.220052 by May 28 and then suffer another decline to $0.217269 by May 29. The top meme coin will then drop to $0.214764 and $0.213578 by May 30 and 31, respectively.

Cryptorank data shows that the Dogecoin price has already gained over 30% in May, having rallied above the psychological $0.2 level earlier this month following Bitcoin’s surge. However, based on the machine learning algorithm’s prediction, DOGE is more likely to trim these gains before the month ends.

Regardless, the Dogecoin price is on course to record its best monthly performance so far this year. Barring any massive crash, it will also be the first time this year that DOGE has witnessed a positive monthly close with double-digit gains. The meme coin recorded a 4% and 3% gain in January and April, respectively, the two months this year in which it has recorded a positive monthly close.

Meanwhile, based on historical data, June will likely be a bearish month for the Dogecoin price. DOGE has witnessed negative monthly closes in June in the last eight years. In fact, the meme coin has only recorded two positive monthly closes in June since its creation. However, both were double-digit gains, meaning that Dogecoin could record massive gains if this June ends up being a green month.

DOGE RSI Indicates Imminent Pump

In an X post, crypto analyst Trader Tardigrade stated that the Dogecoin price’s Relative Strength Index (RSI) suggests a potential upcoming pump for the meme coin. His accompanying chart showed that DOGE could rally to as high as $0.9 on this breakout to the upside. In another post, he affirmed that the meme coin is ready for blast off, which would send its price to a new all-time high (ATH).

Source: Trader Tardigrade on X
Crypto analyst Ali Martinez highlighted the range between $0.24 and $0.26 as the most important resistance wall for the Dogecoin price. He suggested that a break above this range could spark a parabolic rally for the meme coin, with the current local high at around $0.46 in sight.

At the time of writing, the Dogecoin price is trading at around $0.22, down almost 2% in the last 24 hours, according to data from CoinMarketCap.

DOGE trading at $0.22 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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May 28, 2025 0 comments

NFT Gaming

Top Trader Reveals Bitcoin Price Target for June

by admin May 27, 2025

Popular trader and technical analyst Chris Vermeulen has predicted that Bitcoin, one of the leading cryptocurrencies by market cap, could rally to as high as $135,000 in June.

According to Vermeulen, Bitcoin currently shows a very similar pattern compared to late 2024.

“The chart is primed and ready. We are long Bitcoin, and it is ready to have a big pop and move,” he said.

Bitcoin is currently changing hands at $109,879, according to CoinGecko data.

The largest cryptocurrency is up by nearly 3% over the past week.

AAVE price targets a 45% surge as exchange reserves hit a 4-year low

by admin May 27, 2025

AAVE continues its strong rally, reaching its highest level since Feb. 2 as both fundamentals and technicals align.

AAVE (AAVE) surged to $281 on Tuesday, extending a rally that began on April 7 when the token bottomed at $114.15.

The uptrend has been supported by rising investor demand, reflected in a sharp drop in exchange balances. According to Santiment, the number of AAVE tokens held on centralized exchanges has declined to 3.17 million, down from 4.53 million in Nov. 2023. This is the lowest exchange balance since Feb. 2021.

AAVE supply in exchanges | Source: Santiment

Falling supply on exchanges is typically interpreted as a bullish signal, indicating that investors are opting to hold rather than sell. In contrast, increasing exchange supply often suggests rising sell pressure.

A closer look at AAVE’s fundamentals helps explain the bullish momentum. The total value locked in the protocol has reached a record $26.42 billion—up more than 30% over the past 30 days, signaling a sharp increase in network activity.

Protocol revenues have also stabilized. AAVE generated $33.8 million in fees this month, slightly higher than last month’s $33.3 million. This consistent revenue stream positions AAVE among the most profitable platforms in decentralized finance.

AAVE has also seen higher staking inflows, with the staking market cap hitting $800 million, from $454 million last month. In ETH terms, the staking volume has risen from last year’s low of 84k to 300k today.

GHO, AAVE’s native stablecoin, has also experienced surging demand, with its market cap hitting an all-time high of $265 million.

AAVE price technical analysis

AAVE price chart | Source: crypto.news

The daily chart shows that the AAVE token price has been in a strong bull run in the past two months. It has even formed a golden cross pattern as the 50-day exponential moving average has moved above the 200 MA.

The Average Directional Index has surged to 42, a sign that the uptrend is gaining momentum. ADX is one of the most popular indicators for measuring the strength of a trend.

AAVE has also broken above the 38.2% Fibonacci retracement level from the previous cycle. This breakout increases the likelihood of a continuation higher, with the next key target at $400, representing a 45% gain from current levels.

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May 27, 2025 0 comments

GameFi Guides

Shiba Inu Coin Price Eyes $0.00002 Amid 41M SHIB Token Burn

by admin May 27, 2025

The Shiba Inu coin is back under the limelight with its impressive price action over the past few days. This has resulted in this crypto project recording increased price action. Adding to this, the shibburn rate has also witnessed a significant rise, suggesting a long-term bullish sentiment for it.

Considering the present market sentiments, investors are wondering about the short-term possibilities of this memecoin. Are you one of many wondering the same? Read more to find out the possible Shiba Inu Price Prediction for this week.

41 Million SHIB Tokens Burned in 24 Hours

Over the past 24 hours, the shibburn rate has experienced a jump of over 18% to 41.453 million tokens. Notably, this was a result of seven transactions out of which 2 transactions recorded a token burn of less than 1 token.

On the other hand, it witnessed 3 transactions over a million token burn with one exceeding over 23 million. With this, the total burn value of today was just over $601, making it one of the best burn days for Shiba Inu this month.

Shiba Inu Coin Records Higher Lows

The SHIB price today has displayed a neutral price action by recording a variation of less than 1% in valuation. Moreover, with an intraday trading volume of just over $190 million, it has maintained its value around the $0.00001450 mark. With a market cap of $8.54 billion, it has a dominice of 0.2464%.

The Moving Average Convergence Divergence (MACD) records a constant red histogram in the daily time frame with its averages displaying a similar price trend. Considering this, the memecoin may display a negative price action this week.

Moreover, the Simple Moving Average (SMA) has displayed a bearish convergence in the Shiba Inu price chart. This suggests an increase in the selling-over-buying pressure for the altcoin in the cryptocurrency space.

How High Can SHIB Memecoin Realistically Go?

If the market favors the bulls, this could result in the price of SHIB memecoin retesting its resistance zone of $0.0000150. Maintaining the price above that level could set the stage for it to prepare to hit its upper price target of $0.000020 in the upcoming time.

On the contrary, if the bears outrun the bulls, the second largest meme coin could drop toward its support zone of $0.0000120. If the bulls fail to regain momentum at that point, this may act as a catalyst in the price plunging toward its crucial support level of $0.000010.

Also Read: Ethereum in Spotlight as SharpLink Gaming Bets $425M on ETH

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May 27, 2025 0 comments

NFT Gaming

Top 3 reasons Dogecoin price may jump 110% soon

by admin May 27, 2025

Dogecoin’s price could be on the verge of a strong breakout as a bullish flag forms, whale accumulation accelerates, and the funding rate remains positive.

Dogecoin (DOGE), the biggest meme coin in crypto, was trading at $0.2280 on Tuesday, up by 75% from its lowest level in April.

Technical analysis points to Dogecoin price surge

The daily chart suggests DOGE may be approaching a bullish breakout. It is forming a bullish flag pattern, characterized by a vertical rally followed by a consolidating rectangle. This setup is typically associated with continuation to the upside.

Dogecoin is also about to form a mini golden cross pattern, as the spread between the 50-day and 100-day Exponential Moving Averages flips each other.

Together, these patterns point to the potential for an aggressive breakout once the flag formation resolves. If that happens, the next key resistance to watch is $0.4815, the November 2023 high. This level represents a 110% increase from current prices. However, a drop below the psychological support at $0.20 would invalidate the bullish outlook.

DOGE price chart | Source: crypto.news

Dogecoin has a positive funding rate

Another bullish catalyst is DOGE’s consistently positive funding rate. According to CoinGlass, the eight-hour funding rate has remained positive since March 31 and continues to climb.

In perpetual futures markets, a positive funding rate occurs when long position holders pay fees to short sellers, typically a sign that market sentiment expects prices to rise.

Dogecoin price funding rate | Source: CoinGlass

DOGE whales are accumulating

Additional data shows that large holders are accumulating DOGE, a sign of increasing confidence in a continued rally.

According to Santiment, addresses holding between 100 million and 1 billion DOGE now control over 26.46 billion tokens, the highest level since December 2023. Their holdings have grown from 23 billion tokens in January.

DOGE whales are buying | Source: Santiment

Supporting this trend, data shows sustained exchange outflows since November 2023. Dogecoin has recorded over $695 million in outflows since April 1, indicating that investors are moving coins from exchanges to self-custody, typically viewed as a long-term bullish signal.

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May 27, 2025 0 comments