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Summary ⚈ Ethereum open interest surged 80% since April, hitting a three-month high. ⚈ ETH price climbed 76%, aligning with increased speculative activity and open positions. ⚈ Technical analysis suggests a breakout toward $2,739 if bullish momentum continues. Ethereum’s (ETH) open interest, a measure of open derivatives positions at any given time, reached a 3-month high on May 13, signalling strong confidence that the present rally will continue. The total amount of derivatives positions open on the day was 17.05 billion, the highest it has been since February 2, and worth a total of roughly $32.68 billion, per data Finbold retrieved from cryptocurrency Analysis platform CryptoQuant . The elevated level of ETH open interest is a clear sign of increased speculative trading —  and since Ethereum prices have been surging as of late, traders seem to be betting that the rally will continue. Ethereum open interest year-to-date (YTD) chart. Source: CryptoQuant Wh...

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XRP investors might need to wait longer for the asset to make a decisive breakout, as a reliable technical indicator suggests that more losses could be on the way. Specifically, XRP’s TD Sequential indicator has flashed a sell signal, indicating that the asset might be setting up for further declines in the coming sessions, according to an outlook by prominent cryptocurrency analyst Ali Martinez in an X post on February 26. Martinez pointed out that the indicator has accurately predicted XRP’s price direction since 2022. Picks for you Animoca Brands joins the MultiversX network, pushes EGLD forward 3 mins ago Wall Street performs record Bitcoin sell-off with ETFs — Is BTC bottom in? 44 mins ago ...

The Berachain price has surged 10% in the last 24 hours to trade at $6.57 as of 3:35 a.m. EST on a 14% plunge in trading volume to $311 million. This price surge has made the BERA token the top gainer among the top 100 cryptocurrencies on CoinMarketCap. BERA is a native token on Berachain, a fast, EVM-compatible blockchain that improves liquidity and efficiency with its Proof-of-Liquidity (PoL) system. Unlike regular Proof-of-Stake (PoS), it separates security and governance, allowing validators, liquidity providers, and users to work together. It uses BeaconKit and CometBFT to achieve instant finality, much faster than Ethereum’s ~13-minute finalization time, while staying fully compatible with Ethereum apps. Developers can easily move Ethereum-based projects to Berachain and benefit from its speed and liquidity incentives. Berachain Price Approaches Key Resistance After Parabolic Rally The BERA token indicates a strong upward move, trading at $6.6401 after reaching a sessio...

Ethereum (ETH) appears to be gearing up for a major breakout, with its market structure closely resembling Bitcoin’s (BTC) past cycle. Notably, an Analysis by Titan of Crypto suggests that Ethereum’s current price action closely resembles Bitcoin’s trajectory just before its explosive breakout in the previous bull run.  Ethereum key levels and breakout signals A comparison of market cycles by the analyst shows that Bitcoin, during its third cycle, consolidated within a symmetrical triangle before experiencing a sharp breakout.  Picks for you Donald Trump sends 1,000 ETH to Coinbase hot wallet 40 mins ago Balancer V3 AMM launches on Arbitrum 1 hour ago ...

SPX6900 has been surging, boosting its market cap from $988 million to over $1.25 billion in a short time. Its meme appeal and strong community engagement continue to drive interest. This optimism is further reinforced by the broader cryptocurrency market, which has been seeing consistent gains. Bitcoin recently posted an 11% increase, and the current quarter looks promising, suggesting bullish momentum could extend into February and March. While some concerns remain about a potential ‘red summer,’ many believe the crypto market will stay strong throughout Q1, supported by growing institutional adoption. With total market capitalization nearing $4 trillion, this milestone could trigger further breakouts, potentially driving up prices across the board—including meme coins like SPX6900. $SPX Price Prediction At the time of writing, $SPX is trading at $1.30 with a 24-hour trading volume of $45 million. The price has risen 3% in the past day, adding to its 45% increa...

The Dogwifhat price plunged over 8% in the last 24 hours to trade at $3.06 as of 11:09 p.m. EST as investors offload their holdings in the Solana meme coin on the market. With the latest drop in the WIF price, the altcoin’s weekly performance has been pushed into the red zone. WIF is now down more than 5% over the past 7 days as a result. Dogwifhat Price Approaching The $2.7712 Support 4-hour chart for WIF/USD (Source: GeckoTerminal) The Dogwifhat price has printed a series of lower lows and lower highs on its 4-hour chart throughout the past few days, resulting in the formation of a descending price channel. Should the meme coin continue this downward trend, it could be at risk of testing the immediate support level at $2.7712. Persistent sell pressure might even lead to WIF plunging to $2.1763. However, the Dogwifhat price overcoming the major resistance level at $3.3983 could bring an end to the meme coin’s drop. Breaking above this technical barrier will place WI...

The Sundog price pumped more than 9% in the last 24 hours to trade at $0.1426 as of 7:17 a.m. EST as investors go long on the dog-themed meme coin . The Surge in the SUNDOG price comes after the project’s team announced a major community driven launch pool partnership with Trust Wallet. Users will now be able to lock their Trust Wallet Token (TWT) or other tokens in pools to earn tokens from emerging pre-launch projects. Sundog Price Resting On A Technical Safety Net 4-hour chart for SUNDOG/USD (Source: GeckoTerminal ) The Sundog price briefly broke above the $0.1581 resistance and has since retraced to below this level. As a result, the meme coin now rests on the technical crutch at $0.1379. Dropping below this support could result in the crypto falling to the next key support at $0.1204. However, the Sundog price maintaining a position above $0.1581 for the next 12 hours could set the meme coin up to continue its climb in the short term. The meme coin might then try to o...

The PepeCoin price has surged 15% in the last 24 hours to trade at $2.56 as of 3:20 a.m. EST on a 23% pump in trading volume to $4.6 million. This price surge made PepeCoin the top gainer among the biggest cryptos by market capitalization, ahead of Baby Doge Coin, Dogs, and Turbo, according to CoinMarketCap. PepeCoin Price Surges As Parabolic Curve Signals Bullish Momentum The PepeCoin price shows a strong bullish trend, characterized by a parabolic curve that has driven the price to approximately $2.59. This rapid upward movement broke through a key resistance level of around $2.40 and continues to surge, placing the price in what can be considered a reward zone. Parabolic price curves like this often indicate aggressive buying momentum, though they can also signal an upcoming correction once the momentum subsides. PEPECOINUSDT Analysis Source: Dextools.io The price has moved well above the 50-day simple moving average (SMA) at $2.3244 and the 200-day SMA at $2.2689, i...

The PepeCoin price has soared 17% in the last 24 hours to trade at $2.64 as of 2 a.m. EST on a 15% surge in trading volume to $4.5 million. PepeCoin Price Breaks Above The Descending Channel The daily price action of PepeCoin (PEPECOIN/USD) indicates key technical indicators such as moving averages, RSI, and MACD. The price was previously in a downtrend within a descending channel, but it has recently broken out of this pattern, signalling potential bullish momentum. This breakout is significant as it often indicates a shift from a bearish to a bullish trend. PEPECOIN/USD Analysis Source: Dextools.io The 50-day moving average, below the 200-day moving average, typically suggests a bearish trend. However, the price has recently moved above the 50-day moving average, hinting at a possible change in trend direction. The 200-day moving average, now near $3.06, serves as a key resistance level that could challenge further upward movement. The RSI is currently at 63.69, whic...

Ginnan The Cat price has plunged 9% in the last 24 hours to trade at $0.000006432 as of 7:30 a.m. EST on a 41% surge in trading volume to $14.2 million. Despite the plunge, the price skyrocketed by 196% in the past week as its market capitalization reached $44.5 million. Ginnan The Cat Price Gears Up For A Bullish Momentum The Ginnan price indicates a strong bearish pressure as the price continues to fall, hitting a support zone at $0.000004925. However, bulls seem to be regrouping, gearing up to increase prices. This rebound hints at a potential shift from a bearish to a bullish trend despite ongoing bearish attempts to retake control. Furthermore, the price struggle between the bulls and the bears has led to the formation of the bullish pennant, which traders look up to for  bullish trend continuation. GINNANUSD Analysis Source Dextools.io Ginnan The Cat Price: Bulls Capitalize On Indicators The market is climbing and approaching key resistance levels, notably the...