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  • TAO surges past $300 ahead of first halving, fueling bullish outlook for Bittensor

    TAO surges past $300 ahead of first halving, fueling bullish outlook for Bittensor

    Bittensor TAO Halvening

    • Bittensor price jumped to above $300 as bulls showed signs of recovery.
    • TAO was bullish ahead of the AI token’s first network halving.
    • Gains for Bittensor come as Wall Street also flips bullish on the AI narrative.

    Bittensor (TAO) traded green on the day on December 4, 2025, with sentiment bullish as the altcoin breached the $300 threshold.

    This surge, occurring just days before the network’s historic halving event, could allow bulls to target recent highs.

    Growing confidence in Bittensor’s role as a pioneering platform in decentralized AI and in machine learning incentives has TAO as one of the altcoins traders are watching.

    Bittensor price jumps above $300

    The cryptocurrency market has witnessed a notable uptick in the past 24 hours.

    While bears continue to maraud amid potential profit-taking spikes, bulls are showing strength.

    A flurry of activity surrounding Bittensor, a blockchain protocol that decentralizes AI model training and inference through a competitive subnet ecosystem, points to TAO price’s likely short term rally.

    Bittensor Chart
    Bittensor price chart by TradingView

    In this case, TAO’s surge above $300 represents a pivotal moment. The altcoin surged to above $314 on Dec. 4 before paring some of the gains.

    Significantly, Bittensor price dramatically jumped from around $300 on October 11, 2025, to hit $500 on November 2.

    The rally in a little over three weeks nonetheless fizzled, and the TAO price is down about 28% in the past month.

    The token’s correction came amid broader market jitters.

    Bittensor and AI sector forecasts

    Bittensor is a top AI-related coin by market cap, ahead of NEAR Protocol, Internet Computer, and RENDER.

    Growth has included the project’s positioning as the marketplace for machine intelligence.

    It’s where validators and miners earn TAO rewards for contributing computational resources and novel AI models. Prices have often spiked amid key AI developments, and that reflects amid latest outlook.

    Wall Street giants point out that the AI boom that catapulted Nvidia and other stocks higher is not a bubble.

    Noting that the sector could yet explode, BlackRock and Bank of America analysts have forecast a fresh supercycle. Key drivers of this include real corporate investments, major earnings, and productivity gains.

    AI is not driven by the irrational exuberance that underpinned the dot-com bubble in the 2000s, the analysts noted.

    The TAO price could rally amid the anticipated AI narrative resurgence.

    What’s Bittensor’s upcoming halvening?

    Bittensor’s inaugural halving, which is about 10 days away as of writing, is about network tokenomics. It mirrors Bitcoin’s supply-reduction strategy, but tailored to AI incentives.

    Currently, the network emits approximately 7,200 TAO tokens daily to reward participants in its proof-of-intelligence consensus.

    However, the halving will cut the emissions to 3,600 TAO. Bittensor has a total supply of 21 million TAO, and the halving, like in BTC’s case, ensures long-term scarcity as adoption grows.

    The halving could thus catalyze price discovery. BTC jumped following its 2024 halving, and TAO bulls are likely to eye a return to $500.

    Notably, the coin’s all-time high of $795.6 was reached in April 2024.

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  • UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    UNI soars 12% as Uniswap v4’s $200B milestone fuels bullish momentum

    • Uniswap v4 has surpassed $200 billion in swap volume.
    • The breakthrough has renewed interest in Uniswap.
    • The update coincides with an over 10% increase in native UNI’s price.

    Cryptocurrencies recorded substantial gains on Monday after the United States Senate voted to end the ongoing government shutdown.

    Amidst the broad-based optimism, UNI extended its daily gains by over 12% as Uniswap Labs celebrated a remarkable breakthrough.

    The team protocol took it to X to confirm that Uniswap v4 has handled over $200 billion in swap volume, making it one of the most active networks in the DeFi industry.

    Notably, Uniswap released the version 4 upgrade in January this year to increase efficiency, reduce costs, and enhance developer activity through customized liquidity pools.

    The massive swap volume underscores demand and interest in the past months.

    The announcement coincided with UNI’s recovery.

    Moreover, it has sparked renewed interest in the DEX. The timing is also crucial.

    As the overall cryptocurrency market regains momentum, the $200 billion swap volume reflects Uniswap’s key role in decentralized trading.

    Enthusiasts react to rising activity

    The decentralized exchange sees renewed optimism from DeFi players and retail traders.

    UNI’s surge coincides with increased trading volumes across leading exchanges.

    Coinglass data shows Uniswap’s Open Interest has climbed to $344 million after a sharp rise today.

    Meanwhile, market watchers perceive the $200 billion milestone as a sign of a vibrant chain driven by demand, not only short-term stats.

    The robust swap volume reflects active participation, stable liquidity, and confidence in Uniswap’s future potential.

    One crypto enthusiast and X user:

    “While others talk decentralization, Uniswap quietly becomes the backbone of DeFi. $200B speaks louder than any narrative.

    Why is Uniswap v4 unique?

    Released in January 2025, Uniswap’s v4 upgrade introduced key changes in decentralized trading systems.

    For instance, the version introduces hooks, a mechanism that allows developers to create liquidity pools with custom features.

    That welcomed innovations like automated strategies, dynamic fees, and streamlined user experience.

    V4 has gradually gained traction among liquidity providers and developers since launching.

    Meanwhile, crossing $200 billion in swap volume confirms that the upgrade introduced practical improvements.

    At a time when the decentralized trading space sees intense competition from perpetual DEXs like Hyperliquid and Aster, Uniswap’s growth remains remarkable.

    The $200 billion swap volume signals the protocol’s relevance amid shifting preferences.

    UNI price outlook

    Uniswap’s native token traded in green as the community cheered the $200 billion swap volume.

    UNI climbed from $6.40 to $0.78 in the past 24 hours, a roughly 12% uptick.

    It is trading at $6.90 after correcting from intraday highs, with soaring trading volumes signaling renewed enthusiasm.

    While the swap volume milestone signals a brighter future for UNI, broader sentiments will shape its short-term performance.

    Continued overall market recoveries would extend the alt’s rally, whereas sudden selling pressure might erase the gains.

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  • Litecoin price prediction as LTC jumps 12% on bullish catalysts

    Litecoin price prediction as LTC jumps 12% on bullish catalysts

    Litecoin Price

    • Litecoin price is up 12% in 24 hours, hitting $127 as altcoins look to bounce back.
    • The LTC price could rally to $200 and target a new all-time.
    • Bullish catalysts include spot ETF anticipation, payments activity/adoption and treasury strategy moves.

    Litecoin trades as one of the top gainers in the past 24 hours, with the altcoin boasting a 12% spike as price hovers near $126. Gains see weekly uptick extended and LTC up by more than 47% in the past month.

    Amid a confluence of bullish catalysts, can Litecoin price jump to its year-to-date highs near $140 and target multi-year peaks above $200?

    Litecoin jumps 12% amid notable bullish momentum

    Litecoin’s double-digit uptick, which pushed price from lows of $111 to above $127 at the time of writing, comes as the broader crypto market seeks a fresh leg up.

    On Tuesday, Aug. 5, the total market cap was up 1% to $3.74 trillion, with this following Monday’s resilient performance across stocks and crypto. Most top altcoins including Ethereum, XRP and Solana are in the green, with latest regulatory developments adding to the prevailing crypto sentiment to suggest more gains are likely in the short term.

    For LTC, the outlook gets a further bullish impetus from a range of factors. It includes overall anticipation of a spot Litecoin exchange-traded fund (ETF) approval, increased use as a payment currency and significant institutional interest amid treasury strategy moves.

    Recently, Bloomberg analysts put a 95% probability on a spot LTC ETF approval in 2025, and regulatory developments suggest this outlook remains.

    Meanwhile, bullish projections for Litecoin are gaining traction amid institutional interest, with MEI Pharma’s $100 million Litecoin treasury strategy a major corporate allocation already. Also fueling price gains is Litecoin’s growing use in remittances and payments.

    What next for LTC price?

    Litecoin’s price gains may see profit taking kick in and derail buyers, particularly given the surge to a five month high for LTC.

    LTC chart by TradingView

    However, the altcoin has broken above a symmetrical triangle on the weekly chart, signaling potential upside continuation. This breakout above the triangle’s upper resistance means bulls may want to target the supply wall around $200.

    Notably, the Moving Average Convergence Divergence (MACD) has a bullish crossover, aiding the outlook for upward momentum. The Relative Strength Index (RSI) also ticks above 64, indicating room for more gains before hitting overbought conditions.

    If buying pressure continues, bulls may eye $200 and higher in the short term. However, if it fades, a short-term pullback to the $110–$101 support zone may ensue. This LTC price outlook nonetheless depends on overall bullish conditions.

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  • Will Onyx V2 spark a bullish breakout in XCN price?

    Will Onyx V2 spark a bullish breakout in XCN price?

    A Healthy Bull in green Environment

    • Onyxcoin (XCN) price is around $0.015, down 19% over the past week.
    • XCN is under pressure as the broader market battles fresh selling as traders book profits.
    • Onyx V2’s anticipated launch and the regulatory clarity provided by the CLARITY Act could be a bullish catalyst.

    Onyxcoin (XCN), the native token of the web3 protocols ecosystem Onyx, is experiencing the downside pressure that currently engulfs the broader crypto market. Celestia is among the altcoins to see 24-hour losses.

    As of writing, XCN is trading at $0.01538, with a 24-hour trading volume of over $38 million.

    While the market cap has dipped to $527 million, the slight uptick in daily volume indicates a notable level of market interest.

    Onyx eyes traction with V2 ahead of CLARITY law

    The Onyx ecosystem is gearing up for a significant upgrade with the impending launch of Onyx V2, aimed at enhancing compliance and functionality.

    According to a recent announcement by OnyxDAO on X, the launch of Onyx V2 is designed to meet the highest compliance standards under the United States’ crypto markets regulation CLARITY Act.

    The CLARITY Act, formally known as H.R. 3633, aims to provide a clear regulatory framework for digital assets by distinguishing between digital commodities, securities-like assets, and stablecoins.

    As Onyx notes in its post on X, the V2 rollout will position XCN “as a Digital Commodity Token within a Mature Blockchain System.”

    Potentially, this means broadening the project’s appeal to institutional investors amid broader regulatory compliance.

    Onyx has cautioned the community that there will be no token swaps, with users asked to beware of scams and fake airdrops.

    Onyxcoin price outlook

    The anticipation surrounding Onyx V2 could spark considerable interest in XCN, hence catalyzing an upward flip.

    Among market outlook indicators traders are watching to gauge potential price movements is open interest.

    While XCN derivatives have seen a slight decrease in OI, the weighted funding rate remains positive. Derivatives volume, which reflects trading activity in futures and options, has also fallen 14% to around $25 million.

    From a technical point of view, indicators on the daily chart further support a short term bearish strength.

    The Relative Strength Index (RSI) for XCN is currently at 43, not yet oversold. However, it is downsloping to suggest sellers could gain momentum.

    Onyxcoin XCN Price
    XCN price chart by TradingView

    Meanwhile, the Moving Average Convergence Divergence (MACD) shows a bearish crossover, with the MACD line crossing below the signal line. XCN price is also near the support line of a falling wedge, and a drop could extend losses.

    Interestingly, Onyxcoin is down 19% over the past week and has pared most of the gains seen when price jumped to highs of $0.02 in mid-July.

    XCN is nonetheless more than 914% up in the past year. While this suggests a bullish trend amidst broader market volatility, price is near a critical support level.
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  • SUSHI price turns bullish as SushiSwap team teases major reveal

    SUSHI price turns bullish as SushiSwap team teases major reveal

    • SushiSwap has hinted at a massive announcement coming this week.
    • The altcoin shows bullish signals at a crucial support barrier.
    • Traders now target the key resistance zone at $0.79- a 30% surge.

    Meme coins dominated financial trends with impressive rallies on Monday as Elon Musk launched a pro-Bitcoin political party for Americans.

    Meanwhile, the SushiSwap team supercharged SUSHI’s rebound with a cryptic post on X, hinting at a massive reveal in the next few days.

    SushiSwap X post

    SushiSwap is a DEX that runs on multiple blockchains as an AMM (automated market maker).

    It enables users to swap assets and offer liquidity without traditional order books.

    Despite the scarce details, the upcoming announcement stirred the crypto community.

    While enthusiasts contemplated what the message was about, analysts and traders shifted to the SUSHI price chart.

    The altcoin’s current price of $0.6058 places it within the dependable support zone at $0.57 – $0.60.

    Buyers have aggressively joined here to catalyze significant uptrends.

    A confirmation might send SUSHI’s price to the crucial resistance zone at $0.79.

    That would mean an approximately 30% surge from the meme token’s current price.

    What to anticipate from SushiSwap?

    While the team didn’t disclose the exact nature of the upcoming announcement, SUSHI’s price reaction triggered various speculations.

    Enthusiasts could be bracing for strategic collaborations, protocol upgrades, new product launches, or governance overhaul.

    Some suspect the project might introduce a new utility functionality for the native token or more integrations with decentralized finance protocols.

    Indeed, the DeFi sector has seen increased traction lately, with topics like RWA tokenization, L2 expansions, and staking gaining traction.

    Veteran crypto projects like SushiSwap are likely bracing to leverage this growth.

    As the team prepares this week’s key announcement, traders are looking to capitalize on the potential momentum.

    Coinglass data confirms the enthusiasm. SushiSwap’s volume has rallied 40% to $36.94 million.

    Also, the Open Interest is at $30 after a 6% jump. That signals renewed interest in the project.

    How could these developments influence SUSHI’s price actions in the near term?

    SUSHI price outlook: recovery impending?

    The DEX’s governance token displayed bullishness following the announcement, signaling impending rebounds.

    SUSHI hovers at a crucial region. It trades at $0.6058, with a technical setup supporting upside continuation.

    The alt trades above the foothold at $057 – $0.60, a crucial region that previously attracted significant buying.

    Sushi Price Chart

    Source – CoinMarketCap

    SUSHI bulls are now targeting the nearest resistance at $0.66.

    A decisive close beyond this mark could fuel continued upswings.

    Overcoming $0.6925 would open the gates to $0.7470, and a potential extension to $0.7925.

    That would mean a 30% gain from SUSHI’s current market price.

    However, failure to reclaim $0.66 might delay the possible rally.

    A sudden selling pressure that plunges SUSHI beneath $0.57 could trigger significant dips or sideways price actions.

    Further, broad market sentiments will be vital in shaping SushiSwap’s trajectory.
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  • XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

    XRP eyes fresh gains as Bitcoin correlation hits 0.91, RSI turns bullish

    • RSI remains above 50, indicating bullish momentum.
    • Resistance targets include $2.38 and $2.50.
    • A drop below $2.20 could invalidate the current rally.

    XRP appears to be aligning itself closely with Bitcoin’s performance, as fresh data shows a 0.91 correlation between the two cryptocurrencies.

    With Bitcoin hovering near $110,000, this unusually tight relationship is strengthening the case for a potential price surge in XRP.

    Technical indicators like the Relative Strength Index (RSI) also suggest a build-up of buying pressure.

    As broader market momentum improves, XRP’s price action is increasingly seen as part of a larger bullish wave across the crypto space, raising the possibility of a breakout beyond its current range.

    Strong Bitcoin correlation boosts XRP

    XRP’s 0.91 correlation with Bitcoin highlights a clear pattern: the altcoin tends to rally when Bitcoin moves upward.

    This current high correlation is particularly significant, given Bitcoin’s attempt to breach its previous all-time highs.

    Historically, XRP has often mirrored Bitcoin’s trends, especially during strong bull cycles.

    When the correlation weakens, XRP usually underperforms, but with the metric climbing again, traders are taking this as a potential bullish signal.

    Bitcoin’s recent stability near the $110,000 mark is reinforcing this sentiment.

    Market watchers note that when BTC remains strong at key levels, altcoins like XRP typically gain in both price and volume.

    This is setting the stage for XRP to maintain upward momentum in the near term, especially if Bitcoin continues to test resistance levels above $110,000.

    RSI supports a bullish trend for XRP

    One of the key indicators showing positive momentum for XRP is the Relative Strength Index (RSI), which currently remains above the neutral 50 mark.

    This signals an increase in buying activity, with bulls maintaining control over the asset.

    If the RSI continues in this direction, XRP could build up the strength needed to challenge higher resistance zones.

    Momentum-based traders are likely to keep a close eye on this trend.

    With the RSI staying above the halfway line, it reflects sustained interest in the token from both retail and institutional players.

    The technical structure now favours buyers, as the RSI has consistently held in the bullish range for several days.

    This upward pressure could catalyse a fresh move in the altcoin’s price.

    XRP stabilises above support, targets new resistance

    XRP is currently trading at $2.33. The altcoin has managed to hold above the $2.27 support level, a crucial zone for maintaining its bullish setup.

    XRP price
    Source: CoinMarketCap

    Should XRP continue to hold this level, the next target would be the $2.38 resistance, which has previously acted as a strong ceiling.

    A break above $2.38 and a successful retest as support could propel XRP towards $2.50, a level that would reinforce its bullish momentum.

    However, a failure to defend $2.27 could open the door to short-term weakness.

    Key downside targets include $2.20 and $2.13, with a move below these levels risking a complete invalidation of the recent uptrend.
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  • BTC holds $101.5K despite tariff news; bullish sentiment for $120K persists

    BTC holds $101.5K despite tariff news; bullish sentiment for $120K persists

    Bitcoin trades over $101.5K; analysts eye $120K amid corporate accumulation

    • Bitcoin trades above $101.5K in Asia, showing resilience despite new U.S. tariff uncertainties.
    • Analysts see continued bull market, with Polymarket traders pricing a 69% chance of BTC hitting $120K by year-end.
    • Pythagoras Investments’ Gabeljic notes BTC’s lower volatility compared to other digital assets amid tariff news.

    Bitcoin (BTC) commenced the Asian trading day holding steady above the $101,500 mark, demonstrating resilience in the face of fresh tariff-related uncertainties emanating from the Trump administration.

    While near-term volatility remains a factor, market analysts and traders appear increasingly focused on a sustained bull market through the remainder of the year, with a significant degree of confidence that Bitcoin will reach or surpass the $120,000 level, underpinned by persistent corporate buying and a notable decline in overall market volatility.

    The current market environment is characterized by a degree of caution, as unexpected tariff increases announced by the Trump administration have introduced some choppiness.

    “The uncertainty from unexpected tariff increases by the Trump administration is causing some volatility,” Semir Gabeljic, director of capital formation at Pythagoras Investments, acknowledged in an email to CoinDesk.

    However, he emphasized Bitcoin’s relative stability amidst these pressures: “However, bitcoin remains relatively strong, with lower volatility compared to other digital assets.”

    This underlying strength is further supported by a persistently bullish sentiment among institutional players.

    Gabeljic highlighted this by noting that traders on the prediction market platform Polymarket are “pricing in a 69% probability that Bitcoin will hit at least $120,000 by year-end.”

    This indicates a strong conviction in Bitcoin’s continued upward trajectory, despite any intermittent market headwinds.

    Echoing this optimistic outlook, FlowDesk, a Paris-based market maker, shared a similar sentiment in a recent note on Telegram, even amidst recently subdued market conditions.

    “The market is clearly coiling, waiting to break out of a narrow band just below all-time highs,” FlowDesk wrote in their market update note.

    They also observed a “significant repositioning and rotation from Bitcoin towards altcoins,” but crucially added that “BTC’s underlying strength remains evident.”

    FlowDesk also pointed to some signs of cautious market behavior, such as a modest decline in BTC funding rates on major exchanges like Binance, which typically suggests a reduction in the use of leverage by traders.

    However, on-chain borrowing activity has reportedly seen renewed vigor, a potential leading indicator that some market participants are anticipating an imminent breakout.

    The unwavering trend of Bitcoin accumulation

    A powerful and enduring narrative bolstering the bullish case for Bitcoin is the continued and accelerating accumulation of BTC by corporate treasuries.

    Listed companies now reportedly hold approximately 809,100 BTC, an amount valued at nearly $85 billion. This figure represents a near doubling of corporate Bitcoin holdings compared to a year ago.

    This significant uptake is being driven by a combination of factors, including favorable regulatory shifts and recent accounting changes that now allow companies to recognize gains on their Bitcoin holdings more readily.

    This trend of corporate adoption underscores a fundamental belief in Bitcoin’s long-term value proposition and its utility as a treasury reserve asset.

    “The expectation of a continued strong bitcoin remains,” Gabeljic affirmed, suggesting that this institutional and corporate buying pressure is a key pillar supporting the market’s current strength and future potential.

    As Bitcoin consolidates and traders navigate short-term uncertainties, the underlying accumulation by larger entities provides a strong foundation for continued optimism.
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  • Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs

    Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs

    Crypto news today: Bitcoin nears all-time high; ETH, DOGE, PEPE, ATOM show bullish signs

    • Bitcoin surged past $100K this week, fueled by strong spot ETF inflows of over $1 billion.
    • With Bitcoin nearing its all-time high, key support is now eyed around the $100,000 level.
    • Ether experienced a dramatic price jump, breaking $2,600 and targeting $3,000.

    Bitcoin has decisively reclaimed ground above the psychologically crucial $100,000 mark this week, signaling a resurgence of bullish momentum in the cryptocurrency market.

    Supported by substantial inflows into spot Bitcoin ETFs, particularly BlackRock’s IBIT fund, buyers are now attempting to consolidate these gains and potentially push towards new all-time highs.

    This renewed strength in the market leader is also igniting interest in several altcoins, prompting discussions about the potential onset of an “altseason.”

    The past week saw Bitcoin climb over 10%, with buyers successfully pushing the price through significant resistance levels.

    This rally has been notably backed by consistent institutional demand, exemplified by BlackRock’s IBIT spot Bitcoin ETF extending its inflow streak to 19 days, attracting $1.03 billion in the latest trading week alone, according to Farside Investors data.

    Technically, Bitcoin is gradually inching towards its all-time high of $109,588, indicating a measured but confident advance by the bulls who seem reluctant to book profits prematurely.

    While this strong rally has pushed the Relative Strength Index (RSI) into overbought territory – often a precursor to a short-term correction or consolidation – any pullback is anticipated to find robust support between the $100,000 level and the 20-day exponential moving average (EMA), currently around $96,626.

    A successful rebound from this support zone would significantly increase the probability of a breakout above $109,588, potentially targeting $130,000.

    However, bears still have a window to regain control.

    A swift and decisive break below the 20-day EMA could trigger a sharper decline towards the 50-day simple moving average (SMA) near $88,962.

    On shorter timeframes, strong selling pressure is expected in the $107,000 to $109,588 zone.

    A successful defense of the 4-hour 20-EMA on any dip would signal continued bullish strength, while a break below $100,000 could open the door for a deeper correction towards $93,000 or even $83,000.

    Ether (ETH) skyrockets, eyes further upside

    Ether (ETH) experienced a dramatic surge, catapulting from $1,808 on May 8 to $2,600 by May 10, showcasing aggressive buying pressure.

    This rapid ascent also pushed its RSI into overbought territory, suggesting a potential near-term consolidation or minor pullback.

    Key support levels to watch on the downside are $2,320 and then $2,111.

    If Ether finds support at these levels and turns higher, the ETH/USDT pair could extend its rally towards $2,850 and subsequently aim for the $3,000 mark.

    However, a break below the $2,111 support would invalidate the immediate bullish outlook, potentially leading to a period of range-bound trading between $1,754 and $2,600.

    On the 4-hour chart, bulls managed to push above the $2,550 resistance but struggled to sustain those higher levels.

    A positive sign is that buyers haven’t conceded much ground, suggesting they anticipate further upside.

    A break above $2,609 could trigger the rally towards $3,000, while a drop below the 4-hour 20-EMA might initiate a deeper correction towards the $2,111 support.

    Dogecoin (DOGE) breaks resistance, signals trend change

    Dogecoin (DOGE) showed a significant short-term trend change by soaring above the $0.21 overhead resistance on May 10.

    The rally is currently facing selling pressure near $0.26, which could lead to a retest of the $0.21 breakout level.

    If DOGE rebounds strongly from $0.21, it would indicate a shift in market sentiment from “sell the rally” to “buy the dip,” increasing the likelihood of a continued advance towards $0.31.

    To negate this bullish momentum, sellers would need to pull the price back below the 20-day EMA (around $0.19).

    Such a move could trap DOGE within a larger trading range between $0.14 and $0.26 for an extended period.

    Immediate support on any pullback from $0.26 is seen at $0.22 and then $0.21.

    Pepe (PEPE) rallies sharply, tests key levels

    Meme coin Pepe (PEPE) staged a sharp rally from its 50-day SMA (around $0.000008), breaking above the $0.000011 overhead resistance on May 8.

    This aggressive move has also pushed its RSI into overbought territory, signaling a potential pullback. The PEPE/USDT pair might drop to retest the $0.000011 breakout level.

    If this level holds as support, it would strengthen the bullish case for a rally towards $0.000017 and then $0.000020.

    Conversely, a break below the 20-day EMA (around $0.000009) would invalidate this optimistic outlook.

    On the 4-hour chart, bears are aggressively defending the $0.000014 level.

    A pullback to the 4-hour 20-EMA is a critical support to watch; a bounce could lead to another attempt to break $0.000014, while a failure could see PEPE slide back to $0.000011 or even the 50-SMA.

    Cosmos (ATOM) breaks out of base, targets higher levels

    Cosmos (ATOM) signaled a potential trend change by closing above the $5.15 resistance on May 10, breaking out of a large basing pattern.

    However, bears are expected to defend this level strongly.

    If they succeed in pushing the price back below $5.15, aggressive bulls could be trapped, leading to a pullback towards the moving averages.

    If buyers can sustain the price above $5.15, the ATOM/USDT pair could gain significant momentum and rally towards $6.50.

    While sellers will likely attempt to halt the advance there, a successful break above $6.50 could open the path towards $7.50.

    The sharp rally has pushed the 4-hour RSI into overbought territory, suggesting a short-term correction or consolidation.

    Bulls must defend the $5.15 level to maintain momentum towards $6.60. A break below $5.15 could lead to a deeper correction towards the 20-EMA or even $4.70.

    While some analysts debate whether a full-blown “altseason” has truly begun, given the modest recovery of many altcoins from their significant drawdowns, the recent price action across several key cryptocurrencies suggests a renewed bullish appetite in the market.

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  • Altcoins signal bullish breakout as Bitcoin nears $100K milestone

    Altcoins signal bullish breakout as Bitcoin nears $100K milestone

    • ETH targets $3,200 after breaking trendlines.
    • SOL eyes $230 range with bullish setup.
    • DOGE rises past $0.18 as retail interest grows.

    A major shift is unfolding in the cryptocurrency market as Bitcoin edges closer to the $100,000 psychological mark, prompting renewed attention towards altcoins.

    With Bitcoin dominance starting to decline, market participants are observing a wave of bullish technical signals across major altcoins.

    Coins like Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and NEAR Protocol (NEAR) are leading what analysts believe may be the early stages of an extended altcoin breakout cycle.

    The shift comes after months of sideways movement in both Bitcoin and alternative digital assets.

    Traders are interpreting recent consolidations in key altcoins as signs of accumulation.

    With bullish chart patterns now forming across higher timeframes, the setup for a widespread breakout appears to be strengthening.

    Bitcoin rally triggers altcoin interest

    Bitcoin’s steady climb has captured global headlines, but under the surface, a quieter transition is taking place.

    Market watchers are noting a drop in Bitcoin dominance — the measure of Bitcoin’s share in the total crypto market capitalisation — indicating that capital is rotating into the altcoin sector.

    This development aligns with patterns seen in previous cycles, where Bitcoin rallies first and is followed by outsized gains in smaller-cap cryptocurrencies.

    As a result, several major tokens are now attempting to break above long-term resistance levels that have been intact since the last bull run.

    ETH, SOL, DOGE show price strength

    Ethereum (ETH), the second-largest cryptocurrency by market capitalisation, has broken above key trendlines and is now targeting the $3,200 zone.

    The move is supported by technical indicators pointing to increasing momentum and volume accumulation.

    Solana (SOL), which has recovered strongly since the end of 2024, is now targeting the $220–$230 range.

    After bouncing from major support zones, SOL has formed an inverse head and shoulders pattern on the daily chart, suggesting a sustained upward push.

    Meanwhile, Dogecoin (DOGE), one of the most-watched memecoins, has climbed above $0.18, a key resistance level from its early 2024 highs.

    DOGE’s rise is backed by rising social media interest and increased retail trading volume, both considered indicators of speculative momentum.

    NEAR, KAS, ADA in breakout zones

    NEAR Protocol (NEAR) and Kaspa (KAS) are also flashing bullish setups.

    NEAR has broken out of a months-long consolidation and is showing signs of institutional interest.

    Technical analysis reveals a breakout from a symmetrical triangle, which often precedes a strong continuation move.

    Kaspa (KAS), known for its blockDAG technology and high transaction throughput, is forming a classic bull flag.

    If confirmed, the pattern could point to a rapid price acceleration from current levels.

    Cardano (ADA) and Sonic (S) are similarly exhibiting accumulation patterns.

    ADA is currently testing upper trendlines, while Sonic recently completed a successful retest and breakout.

    These moves suggest that altcoins are now attempting to recover a significant portion of their bear market losses, with analysts pointing to the potential for 100–250% rallies, should sentiment hold and Bitcoin remain above critical levels.

    Technicals support a bullish cycle

    The latest altcoin rally is not merely speculative. It is backed by technical confirmation on higher timeframes, including weekly charts.

    Patterns such as the cup and handle and inverse head and shoulders have formed across several major tokens, a common feature during the early stages of bullish cycles.

    The broader implication is that altcoins could retrace around 60% of their previous losses if market momentum continues to improve.

    With Bitcoin approaching the $100K mark, this shift in liquidity towards altcoins could mark the beginning of a fresh wave of capital inflows into the broader crypto market.

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  • Bitcoin Dogs (0DOG) makes an attempt at $0.04934 as Bitcoin (BTC) turns bullish

    Bitcoin Dogs (0DOG) makes an attempt at $0.04934 as Bitcoin (BTC) turns bullish

    Bitcoin Dogs (0DOG) makes an attempt at $0.04934 as Bitcoin (BTC) turns bullish
    • Bitcoin Dogs (0DOG) is projected to surge as Bitcoin’s price turns bullish.
    • 0DOG could reclaim its all-time high of $0.04934 due to increased demand amid new exchange listings.
    • Analysts predict a potential 100X move for 0DOG by the end of 2024.

    As Bitcoin (BTC) gears up for what could be a record-breaking rally after struggling below $60k, many altcoins within its ecosystem are expected to follow suit, and Bitcoin Dogs (0DOG) stands out among them.

    A BRC-20 token, 0DOG is directly tied to Bitcoin’s performance and with the current bullish outlook for BTC and a string of new exchange listings, it is poised to reclaim its previous all-time high of $0.04934.

    Bitcoin (BTC) regains its footing, surging above $60k

    At press time, Bitcoin price stood at $60,022, showing a steady 10% growth in the last seven days.

    Although the price remains 17.43% below its all-time high of $72,689 (achieved six months ago), the market sentiment is bullish after a scare that made analysts anticipate a drop below $50k this weekend.

    Most technical indicators currently show a buy signal indicating short-term bullishness and a possible long-term bullish trend. The key resistance level to watch is at $60,316, with bottom support around $58,294.

    If Bitcoin breaks above the $60,316 resistance, analysts predict it could rapidly surge to the next target of $62,441.

    Forecasts suggest Bitcoin could hit $79,207 by the end of 2024, with long-term projections reaching as high as $221,485 by 2025 and $369,701 by 2030. This anticipated growth, driven by institutional adoption and easing credit conditions, sets the stage for the entire Bitcoin ecosystem to surge, including projects like Bitcoin Dogs.

    Bitcoin Dogs (0DOG) poised to retest $0.04934

    Bitcoin Dogs (0DOG), the first-ever ICO launched on the Bitcoin blockchain as a BRC-20 token, offers a unique opportunity for those looking to capitalize on Bitcoin’s bullish momentum.

    0DOG’s value is tied to Bitcoin, meaning as BTC surges, 0DOG is expected to outperform due to its smaller market cap and higher volatility. This is a classic “beta trade,” where a smaller asset experiences more significant percentage gains as its larger counterpart rises.

    Currently priced at $0.00986, 0DOG is down 1.4% over the past 24 hours, but analysts are confident that the token is on the verge of a major breakout.

    The all-time high for 0DOG is $0.04934, reached on August 22, 2024, and its current price presents a compelling entry point for investors looking to ride Bitcoin’s momentum.

    With new exchange listings and a surge in market interest, 0DOG could see significant buy pressure, pushing it back toward its all-time high.

    Exchange listings and future projections for 0DOG

    Notably, Bitcoin Dogs has been on a listing spree, listing on major exchanges like MEXC, Gate.io, Uniswap, and UniSat Exchange shortly after a successful presale round.

    These listings have opened 0DOG to millions of potential investors, increasing liquidity and market exposure.

    The MEXC and Gate.io listings, in particular, are significant for the token’s growth prospects. For example, MEXC handles over $2 billion in trading volume daily and has a user base exceeding 6 million, providing Bitcoin Dogs with a massive platform to gain traction.

    Also, the MEXC and Gate.io listings caused the token’s price to pump 3X within the first hour of trading, indicating the potential for 0DOG to experience a similar surge amid rumours of additional exchange listings, which could further fuel demand.

    This increased market exposure, combined with Bitcoin’s expected bullish trend, makes 0DOG one of the top altcoins to watch in 2024. Analysts are predicting a potential 100X move before the end of the year, driven by both the macro environment surrounding Bitcoin and the internal developments within the Bitcoin Dogs project.

    Additionally, a play-to-earn game tied to 0DOG is set to launch later this year, which could attract even more interest and drive up the token’s price.

    For more information about Bitcoin Dogs and the 0DOG vesting schedule for those who purchased the token in the recently concluded presale, you can visit the official Bitcoin Dogs website here.

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