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). 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.
Crypto hacks increased by over 130% in Q1 2025.
XRP price started a fresh decline from the $2.380 zone. The price is now moving lower and is currently at risk of more losses below $2.280. XRP price started a fresh decline below the $2.320 zone. The price is now trading below $2.3350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2.305 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it dips below the $2.280 level. XRP Price Faces Hurdles XRP price found support at $2.2670 and recently started a recovery wave, following Bitcoin and Ethereum . There was a move above the $2.320 and $2.350 resistance levels, There was a move above the 23.6% Fib retracement level of the downward wave from the $2.4768 swing high to the $2.2670 low. Besides, there was a break above a connecting bearish trend line with resistance at $2.305 on the hourly chart of the XRP/USD pair. However, the bears were active near the $2.360 level. The price is now trading below $2.3350 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.340 level. The first major resistance is near the $2.360 level. The next resistance is $2.3720. It is near the 50% Fib retracement level of the downward wave from the $2.4768 swing high to the $2.2670 low. A clear move above the $2.370 resistance might send the price toward the $2.40 resistance. Any more gains might send the price toward the $2.420 resistance or even $2.450 in the near term. The next major hurdle for the bulls might be $2.50. Another Decline? If XRP fails to clear the $2.360 resistance zone, it could start another decline. Initial support on the downside is near the $2.280 level. The next major support is near the $2.260 level. If there is a downside break and a close below the $2.260 level, the price might continue to decline toward the $2.2320 support. The next major support sits near the $2.20 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now below the 50 level. Major Support Levels – $2.260 and $2.2320. Major Resistance Levels – $2.340 and $2.3720.
On May 28th, Grayscale unveiled its latest initiative, the AI Cryptocurrency Industry Sector, marking a significant expansion in its product offerings. Positioned as the sixth distinct sector, this classification integrates
The post Ripple News: XRP Price Prediction For May 28 appeared first on Coinpedia Fintech News XRP’s price is showing some positive signs, even though it’s still going through a short-term cool-off. At the time of writing, XRP is trading at $2.31 and is eyeing to break some important resistance levels. According to the latest analysis, XRP remains in a bullish trend on the daily chart because it continues to form higher lows and higher highs. This kind of price movement is usually seen as a healthy sign in the market. Meanwhile, the stock market and several other cryptocurrencies have also started to bounce back slightly, which could support XRP’s price in the short term. Adding to this, analysts have noticed the early signs of a bullish divergence on XRP’s 6-hour Relative Strength Index (RSI). This happens when the price keeps moving lower or stays flat, but the RSI slowly begins to rise, forming higher lows and higher highs. This is often a signal that the market could soon see a short-term recovery or at least a break from its recent downward trend. Key Support and Resistance Levels to Watch: However, it’s important to remember that this signal alone doesn’t guarantee a major rally. It might lead to a small upward move or some sideways price action, giving traders and investors a break from the bearish pressure seen recently. Looking at the bigger picture, XRP still holds a larger bullish trend on the daily time frame, at least for now. In terms of price levels, XRP is facing light resistance around the $2.35 mark, with more resistance expected at $2.44. The strongest resistance area is currently between $2.55 and $2.62. On the other hand, XRP has significant support between $2.10 and $2.15, along with another key support level close to $2.30.
According to a recent report from Bitcoin Magazine, at the Bitcoin 2025 conference, Hunter Horsley, the CEO of Bitwise, a prominent $12 billion crypto asset management firm, made a significant
Real-world assets linking up with non-fungible tokens (NFTs) is one of a few key catalysts that could reignite the waning NFT lending sector, which is suffering from a collapse in volumes and user activity, says blockchain analytics platform DappRadar. Volumes in the NFT lending market, which allows NFT holders to take out a loan against their token, have dropped 97% from a peak of around $1 billion in January 2024 to $50 million in May, DappRadar analyst Sara Gherghelas said in a May 27 report. Gherghelas said for NFT lending to “move beyond survival mode,” it needs “new catalysts” to reignite the sector, such as real-world asset NFTs, like tokenized real estate or yield-bearing assets that could unlock more stable, trusted collateral sources. “So far, 2025 has not delivered a compelling reason for NFT lending to bounce back,” she said. “While the infrastructure is still here and the platforms remain active, activity has slowed across the board.” Borrower and leading activity have taken a big hit in the NFT lending sector. Source: DappRadar “For now, the sector seems to be in a holding pattern, waiting either for market recovery or a new use case to reignite interest.” Gherghelas added that other catalysts that could rekindle NFT lending were tools that make it easier for NFT holders to borrow against their tokens, and that protocols should create “smart infrastructure” such as undercollateralized loans, credit scores and artificial intelligence risk matching. The report adds that since January last year, borrower activity has declined by 90% and those willing to lend have shrunk by 78%. The average NFT loan size has also taken a hit from a peak of $22,000 in 2022 to $4,000 in May, a 71% year-over-year drop. Gherghelas said this shift “shows that either users are borrowing against lower-value assets or simply becoming more conservative with leverage.” NFT lending overall trading volume and market activity have dropped off from the all-time highs of past years. Source: DappRadar The average loan duration is also lower ; after hitting an average of roughly 40 days in 2023, it’s been down to 31 days and has held steady throughout 2024 and into 2025. Gherghelas said this could indicate that “loans are being taken more frequently but for shorter periods, perhaps a sign of more tactical liquidity plays.” NFT market downturn also hurts lending Part of the slowdown in NFT lending is connected to the overall NFT market decline, which has seen volumes drop 61% in the first quarter to $1.5 billion compared to $4.1 billion a year ago. “With collateral value collapsing, the lending activity naturally followed,” Gherghelas said. “There are a few exceptions that managed to hold or regain traction, but they’ve been outliers, not enough to lift the sector.” Related: AI decentralized apps are coming for the Web3 throne: DappRadar The protocol landscape has also narrowed, and the number of active NFT lending apps is limited, with only eight protocols holding any meaningful share. “The flip-for-liquidity model that worked during bull markets isn’t built for a quieter, more risk-averse environment. But that doesn’t mean NFT lending is finished; it’s simply shifting focus,” Gherghelas said. “Platforms are diversifying, use cases are shifting, and collateral preferences are changing. If the next wave builds on utility, culture, and better design, NFT lending might just find its second wind — one built to last.” Magazine: Bitcoin bears eye $69K, CZ denies WLF ‘fixer’ rumors: Hodler’s Digest, May 18 – 24
Strive Asset Management and Asset Entities Inc. (Nasdaq: ASST) announced a $750 million private investment to fund their first wave of bitcoin acquisitions, aiming to establish Strive as a leading bitcoin treasury company focused on long-term outperformance. Strive Eyes Bitcoin Dominance With No-Debt $750M Funding Round The financing for Strive Asset Management and Asset Entities
In a recent address at the Bitcoin 2025 conference, Robert Mitchnick, Head of Belridge Digital Assets, emphasized the *superior growth potential* of Bitcoin compared to traditional assets like gold. Mitchnick’s
Captor Capital Corp, a publicly traded entity in Canada, has made a significant move in the cryptocurrency market by executing a $500,000 Bitcoin acquisition. This strategic investment aligns with the