Cryptocurrency
Hidden Details Pointing to a Potential ETH Price Rally to $4K: Ethereum Price Analysis
Ethereum’s price has spiked significantly following its ETF approval. However, the market is yet to break its recent high.
Technical Analysis
By TradingRage
The Daily Chart
On the daily timeframe, the price broke above the large descending channel back in May. However, it has been consolidating between the $3,600 and $4,000 levels since, failing to continue its upward trajectory. Yet, with the Relative Strength Index still showing values above 50%, the momentum is seemingly in favor of a further continuation past the $4,000 resistance level and toward a new record high.
The 4-Hour Chart
Meanwhile, on the 4-hour timeframe, the price action has been choppy over the past couple of weeks. The market has tested the $4,000 area a couple of times already but has failed to break above and is hovering around the $3,800 mark.
Yet, the 4-hour RSI has recently broken above the 50% level, indicating that the momentum is shifting bullish. Therefore, a breakout above the $4,000 level seems likely in the short term.
Sentiment Analysis
By TradingRage
Exchange Reserve
While Ethereum’s price has been consolidating below the $4,000 resistance level, significant events are seemingly unfolding in the background. This chart demonstrates the ETH exchange reserve, which measures the total amount of ETH held in exchange wallets.
It is evident that the exchange reserve has recently plummeted below its 30-day moving average. This aggressive drop points to a potential accumulation happening during the current consolidation as the market gets ready to rally higher.
Overall, this significant decline in exchange reserve can be very bullish for ETH, as it reduces the supply side of the equation.
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Cryptocurrency
Dogecoin Millionaire Says to Watch Pepe, Neiro Ethereum, Brett for the Next Crypto Bull Run: What About Pepe Unchained?
Glauber Contessoto, the “Dogecoin millionaire,” is back in the news.
He recently shared on Twitter which coins he believes could be the next big winners in the upcoming bull run.
PEPE, NEIRO, and BRETT are three coins he’s got his eye on – and he believes they have serious potential to take off.
Dogecoin Millionaire’s Picks for the 2025 Bull Run
Contessoto’s tweet on Monday went viral.
With over 85,000 views, his tweet laid out what he believes will be the two biggest meme coin narratives driving the 2025 bull run.
First up, he’s betting on the rise of the “PEPEVERSE,” with PEPE on Ethereum and BRETT on Base leading the way.
Contessoto sees these coins, along with others tied to characters like Andy and Wolf, producing big wins for investors.
Next in line is the “DOGEVERSE.”
He expects a revival of old favorites like DOGE, SHIB, and FLOKI from the last cycle.
But he’s also watching for new dog coins – with NEIRO on Ethereum catching his eye as the “younger sister of Doge.”
It’s no surprise that Contessoto’s picks have stirred up plenty of excitement.
And many investors are eager to see if these picks will be the stars of the next crypto bull run.
Could We Be on the Verge of Another Bull Cycle?
Are we on the brink of another crypto bull run?
Several signs suggest it’s possible.
For starters, the Fed is expected to cut interest rates at their FOMC meeting today.
Historically, lower interest rates have been great for riskier assets like crypto as investors look for better returns.
More money flowing into the crypto market could push prices higher.
Then there is the growing role of institutional adoption.
With spot Bitcoin and Ethereum ETFs now available, big investors can get into crypto through more trusted channels.
That added legitimacy might boost demand even further if interest rates begin to come down.
Of course, the broader economic picture matters too.
For example, a “soft landing” in which inflation reaches the Fed’s target without causing a recession could create the ideal conditions for crypto to thrive.
These combined factors suggest we might be on the verge of a bullish shift – making Contessoto’s coin picks even more exciting.
Investors Also Stacking Pepe Unchained for the Next Bull Run
Contessoto’s picks are definitely worth watching – but they’re not the only contenders.
One rising star that’s been catching a lot of attention is Pepe Unchained (PEPU), which puts a new spin on the iconic Pepe meme.
Featuring a “Pepe the Frog” theme, Pepe Unchained aims to set itself apart by combining meme culture with a real-world blockchain project.
Think of it like a classic joke token, but upgraded.
It still has that “degen” vibe, yet it offers extra utility by creating its own Layer-2 blockchain, Pepe Chain.
This chain claims it would offer super-fast transactions, low fees, and easy integration with the Ethereum ecosystem.
And if that wasn’t enough, the staking rewards definitely are.
Currently, PEPU holders can stake their tokens and generate yields of 152% per year.
That’s far higher than what most staking coins offer.
No surprise, then, that Pepe Unchained’s presale has already raised over $13.5 million.
FOMO is beginning to kick in, and the hype is building.
Crypto influencers like ClayBro are even predicting that PEPU will be “ready to explode” after the Fed’s upcoming rate decision.
With a potential crypto bull run on the horizon, Pepe Unchained could be another meme coin worth watching.
The next price increase takes place in less than 24 hours, so there’s limited time to participate in the current phase.
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Cryptocurrency
Ripple Price Analysis: XRP Bulls Eye $0.6 as Positive Sentiment Spreads
After a solid bullish rebound, Ripple’s price surged to the $0.60 level. However, it has since entered a brief consolidation phase, which may pave the way for further upward movement toward the significant $0.64 resistance.
By Shayan
The Daily Chart
A closer look at Ripple’s daily chart reveals that following an increase in demand around the key 100-day ($0.53) and 200-day ($0.55) moving averages, buying activity intensified, leading to a sharp price surge toward the $0.60 mark.
Although Ripple’s upward momentum has temporarily paused, the price has now entered a short-term consolidation at this level. This phase is likely to be followed by a continuation of the bullish trend, with XRP targeting the critical $0.64 resistance level, a zone that has consistently challenged buyers in recent months.
Should sellers regain control of this resistance, XRP’s price could face a reversal, potentially declining back toward the $0.55 support region. On the other hand, if buyers manage to break through the $0.64 resistance, the bullish trend is expected to continue, signaling a shift in market sentiment.
The 4-Hour Chart
On the 4-hour chart, XRP saw increased buying interest at the 0.5 Fibonacci retracement level ($0.52), which coincides with the lower boundary of a descending flag pattern. This triggered a strong bullish reversal, pushing the price toward the upper boundary of the flag at $0.62, a key resistance level in this formation.
If the cryptocurrency successfully breaks above $0.62, the bullish trend is likely to continue, with the price targeting the $0.64 threshold. However, failure to break through this resistance could lead to a bearish rejection, with the price potentially retracing back to the $0.55 static support area.
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Cryptocurrency
Bitcoin Price Analysis: The Fed Cut Rates, Now What’s Next for BTC?
Bitcoin’s price finally looks set to break back above the $60K level after weeks of consolidation. However, there is still one more key resistance level that the price needs to overcome.
Technical Analysis
By: Edris Derakhshi (TradingRage)
The Daily Chart
On the daily timeframe, Bitcoin’s price is demonstrating a willingness to finally break above the $60K resistance level, following its rebound from $52K.
The RSI also shows values above 50, indicating that the market momentum is bullish once again. However, for the cryptocurrency to begin a new long-term rally, the price should first rise above the 200-day moving average, which is located near the $64K resistance level.
The 4-Hour Chart
The 4-hour chart clarifies the recent price action, as the market has been making higher highs and lows since bouncing from the $52K support level.
As this suggests, it is only a matter of time for the $60K resistance level to be broken to the upside, which would pave the way for BTC to rally toward the significant $64K resistance area. The RSI is also showing bullish momentum in this timeframe and has yet to reach the overbought region. Therefore, the market seems to be on the verge of an increase, at least in the short term.
On-Chain Analysis
By Edris Derakhshi (TradingRage)
Bitcoin Exchange Supply Ratio
To sell their coins in the crypto market, most people have to first deposit them into an exchange. The amount of BTC held in exchange wallets is, therefore, a proxy for market supply (at least retail), and analyzing its trends could be beneficial.
This chart presents the BTC exchange supply ratio, which measures the ratio of the BTC held in exchanges to the total supply of the coin.
As it shows, the metric has been declining rapidly since February, indicating that heavy accumulation occurred during the recent consolidation. As a result, if sufficient demand is present, the market can begin a new rally toward higher prices.
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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
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