Ethereum Price Targets Upside Break — Will Momentum Carry It Past the Hurdles?

Ethereum price started a fresh increase above the $2,220 zone. ETH is now showing positive signs and might aim for a move above the $2,550 zone. Ethereum started a fresh upward move above the $2,220 level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above the $2,500 resistance zone in the near term. Ethereum Price Eyes More Gains Ethereum price started a fresh increase above the $2,200 support level, like Bitcoin . ETH price was able to clear the $2,220 and $2,250 resistance levels to move into a positive zone. The bulls even pushed the price above the 61.8% Fib retracement level of the downward wave from the $2,568 swing high to the $2,115 low. However, they are now facing hurdles near the $2,480 and $2,500 levels. Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. The price is now just above the 76.4% Fib retracement level of the downward wave from the $2,568 swing high to the $2,115 low. On the upside, the price could face resistance near the $2,500 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,565 level. A clear move above the $2,565 resistance might send the price toward the $2,650 resistance. An upside break above the $2,650 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,720 resistance zone or even $2,800 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,500 resistance, it could start a fresh decline. Initial support on the downside is near the $2,390 level and the trend line. The first major support sits near the $2,350 zone. A clear move below the $2,350 support might push the price toward the $2,320 support. Any more losses might send the price toward the $2,250 support level in the near term. The next key support sits at $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,350 Major Resistance Level – $2,500

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Bitcoin Poised For Rally As Geopolitical Tensions Ease And Inflation Expectations Fall

Leading crypto exchange Binance witnessed a significant outflow of Bitcoin (BTC) and Ethereum (ETH) on June 23, with investors pulling out over 4,000 BTC and 61,000 ETH in a single day. This shift comes amid easing geopolitical tensions and declining inflation, fuelling speculation about a renewed rally. Bitcoin Likely To Rally As Global Tensions Simmer According to a recent CryptoQuant Quicktake post by contributor Amr Taha, Bitcoin is likely to resume its upward trajectory, bolstered by a series of recent macroeconomic and geopolitical developments. The analyst highlighted multiple positive signals that could propel the top digital asset closer to its all-time high (ATH). Related Reading: Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says One of the key developments was an announcement by US President Donald Trump, who stated that a ceasefire agreement had been reached between Israel and Iran. This deal removes the immediate threat of Iran closing the Strait of Hormuz, a vital chokepoint for global oil supply. The ceasefire had an immediate and positive effect on global equity markets, with the S&P 500 index surpassing 6,000 for the first time since February 2025. This recovery signals growing investor confidence as geopolitical risks subside. In addition, crude oil prices dropped by 14%, adding to the disinflationary narrative. Lower energy costs help reduce production and transportation expenses, thereby supporting a broader decline in inflationary pressures. Taha concluded: The convergence of significant crypto outflows from Binance, falling oil prices, a bullish breakout in US equities, and the reduction of Middle Eastern tensions presents a striking scenario. With the geopolitical overhang removed, inflation easing, and macro markets stabilizing, Bitcoin is now well-positioned to resume its upward trajectory. Meanwhile, Bitcoin whales – wallets holding large amounts of BTC – appear to be quietly accumulating in anticipation of a breakout. In another CryptoQuant post, contributor Mignolet noted that whale accumulation has been rising steadily since BTC bottomed in April. Mignolet pointed out that whale activity typically increases during periods of low market attention or heightened fear, often foreshadowing bullish reversals. Historical data supports this trend, showing that increased accumulation often precedes significant price surges. Bullish Quarter For BTC In an X post published today, seasoned crypto analyst Titan of Crypto stated that BTC is set to close a bullish monthly candle, reinforcing the long-term uptrend for the flagship cryptocurrency. Several other on-chain and technical indicators also suggest further upside potential. For example, Bitcoin Binary CDD shows that long-term holders are continuing to hold rather than sell, indicating strong conviction in BTC’s long-term value. Related Reading: Bitcoin Forming Inverse Head And Shoulders Pattern – Is $150,000 The Next Target? At the same time, the number of short positions is climbing as BTC consolidates between $100,000 and $110,000. This dynamic raises the probability of a short squeeze, potentially propelling Bitcoin to a new ATH. At press time, BTC trades at $105,408, up 5.2% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com

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Can MAGACOIN FINANCE Outperform XRP? Bitcoin and Ethereum Traders Bet Big on Kaspa

In today’s competitive digital asset space, investors are always on the lookout for early-stage opportunities with high-return potential. MAGACOIN FINANCE is now emerging as one of the strongest contenders—often referred to as the best altcoin opportunity currently available. With growing buzz from XRP veterans and shifting capital from Bitcoin and Ethereum communities, attention is also building around Kaspa’s unique blockchain utility. MAGACOIN FINANCE: The New Contender for Explosive Gains MAGACOIN FINANCE is rapidly gaining recognition for its fundamentals: a permanently capped 170 billion token supply, a full HashEx audit, and a structure built entirely on community ownership. Over $10 million raised and consecutive pre-sale rounds selling out have positioned it as contender for the best crypto to buy in 2025 . Its transparent governance, inflation resistance, and aggressive marketing strategy have led many analysts to draw parallels to past altcoin giants. Many XRP holders are shifting capital here, confident in its asymmetric upside and fast-growing momentum. XRP: Legendary Past, Challenging Present XRP remains a household name due to its historic rallies, but present regulatory overhang and slowed price movement above $2.50 have pushed many long-term holders to explore new, dynamic assets. MAGACOIN FINANCE is becoming a popular destination for those rebalancing for sharper upside. Bitcoin & Ethereum: Rotating Capital into Kaspa While Bitcoin trades above $105,000 and Ethereum maintains market dominance, seasoned investors are increasingly rotating into smaller-cap projects. Kaspa has emerged as a favorite due to its unique tech stack, GHOSTDAG protocol, and fast-growing user base. Kaspa: The Technological Standout Kaspa’s architecture enables high throughput, fast confirmations, and wide utility across applications. With rising trading volumes and developer interest, it’s quickly positioning itself as one of the most advanced blockchain platforms in the current cycle. Conclusion As crypto capital rotates and sentiment shifts, MAGACOIN FINANCE is gaining a foothold among early movers. With strong fundamentals, rising interest, and favorable comparisons to past winners, it stands out as a compelling candidate to outperform XRP. Meanwhile, Kaspa’s technological strength makes it a serious contender for broader adoption. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Can MAGACOIN FINANCE Outperform XRP? Bitcoin and Ethereum Traders Bet Big on Kaspa

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Coinbase Shares Rise Amid Market Gains Following Trump-Brokered Iran-Israel Ceasefire

US crypto stocks experienced a significant surge on Tuesday, driven by market optimism following a tentative ceasefire agreement between Iran and Israel brokered by President Donald Trump. This geopolitical development

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Ohio Considers Bitcoin Reserve Act to Potentially Allocate 10% of State Funds to Cryptocurrency

Ohio is poised to become a pioneering state in cryptocurrency adoption by proposing a Bitcoin reserve, signaling a potential shift in public asset management. The “Ohio Bitcoin Reserve Act” aims

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Merlin Chain Doubles BTC Staking Vault Limit to 100 BTC with 21% Annualized Returns

Merlin Chain has expanded its BTC Staking Vault capacity, doubling the total staking limit from 50 BTC to 100 BTC. This strategic enhancement addresses the heightened demand following the swift

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Is MAGACOIN FINANCE Set to Become the Next Ethereum? XRP and Bitcoin Traders Eyeing Solana

With market cycles evolving, investors are watching closely for projects capable of matching Ethereum’s early success. MAGACOIN FINANCE is fast emerging as a prime candidate, catching the attention of seasoned XRP, Bitcoin, and Solana traders looking to enter a scalable, early-stage opportunity before the listing window closes. MAGACOIN FINANCE: Poised for Ethereum-Level Breakout MAGACOIN FINANCE is gaining momentum on the strength of fundamentals—scarcity, decentralization, and transparency. With a capped 170 billion token supply, full audit, and no VC control, the project appeals to both retail and institutional investors. Analysts highlight its breakout potential, estimating returns between 75x and 100x, projecting it as the best crypto since the early runs of XRP and Bitcoin (BTC). XRP and Bitcoin: Strategic Rotations in Play XRP remains a dominant force in payments, but as legal uncertainties stall price progress, many of its holders are seeking higher-risk, higher-reward opportunities. MAGACOIN FINANCE is increasingly the destination for that capital. Meanwhile, Bitcoin’s price hovers above $105,000 with stability, but its slower upside has driven many early BTC adopters to rotate partial profits into promising low-cap assets—MAGACOIN FINANCE among the top of that list. Solana: Mature Growth, New Opportunity Needed Solana’s price strength and network improvements continue, but as momentum normalizes, many SOL traders are pivoting to smaller projects with asymmetric upside. MAGACOIN FINANCE’s surge in community interest and credibility has positioned it as a leading beneficiary. Conclusion From XRP to Solana holders, MAGACOIN FINANCE is rapidly becoming the standout altcoin of 2025. As listing approaches, the time for early action is now. Momentum continues to build as analysts forecast exponential upside. Early buyers are positioning before the wider market catches on. To learn more about MAGACOIN FINANCE, visit: Website: https://magacoinfinance.com Exclusive Access Portal: https://magacoinfinance.com/entry Continue Reading: Is MAGACOIN FINANCE Set to Become the Next Ethereum? XRP and Bitcoin Traders Eyeing Solana

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Bitcoin Price Pushes Up — ATH in Sight if Bulls Maintain Pressure

Bitcoin price started a fresh increase above the $103,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $105,000 zone. The price is trading above $103,500 and the 100 hourly Simple moving average. There is a bullish trend line forming with support at $106,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $104,200 zone. Bitcoin Price Eyes More Gains Bitcoin price started a fresh increase above the $102,500 zone. BTC gained pace and was able to climb above the $103,200 and $103,500 levels to enter a positive zone. The bulls pushed the price above the 76.4% Fib retracement level of the downward move from the $106,470 swing high to the $98,276 low. It opened the doors for a push above the $106,000 resistance and the price tested the $106,500 zone. Bitcoin is now trading above $105,000 and the 100 hourly Simple moving average . There is also a bullish trend line forming with support at $106,000 on the hourly chart of the BTC/USD pair. On the upside, immediate resistance is near the $106,500 level. The first key resistance is near the $107,200 level. The next key resistance could be $108,500 or the 1.236 Fib extension level of the downward move from the $106,470 swing high to the $98,276 low. A close above the $108,500 resistance might send the price further higher. In the stated case, the price could rise and test the $110,000 resistance level. Any more gains might send the price toward the $112,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $106,500 resistance zone, it could start another decline. Immediate support is near the $106,000 level. The first major support is near the $105,500 level. The next support is now near the $104,200 zone. Any more losses might send the price toward the $103,500 support in the near term. The main support sits at $102,000, below which BTC might struggle to find bids. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $106,000, followed by $105,500. Major Resistance Levels – $106,500 and $108,500.

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Paul Atkins’ SEC Crypto Policy Review Could Influence Bitcoin Market Dynamics

Paul Atkins’ appointment as SEC Chair signals a pivotal shift towards a more crypto-friendly regulatory environment, emphasizing innovation and transparency. His agenda prioritizes revising digital asset custody rules, aiming to

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Coinbase Assists US Secret Service in Seizing $225 Million in Tether Linked to Crypto Scams

Coinbase has played a pivotal role in assisting the US Secret Service to seize $225 million in cryptocurrency linked to pig butchering scams, marking the largest crypto seizure in the

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