XRP price started a fresh decline below the $2.350 zone. The price is now recovering losses and might face hurdles near the $2.420 zone. XRP price started a fresh decline below the $2.450 zone. The price is now trading above $2.350 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start another decline if it stays below the $2.450 resistance. XRP Price Faces Hurdles XRP price attempted a fresh decline below the $2.450 zone, unlike Bitcoin and Ethereum . There was a move below the $2.40 and $2.350 levels. The price even tested the $2.2850 zone. A low was formed at $2.2848 and the price is now attempting to recover. There was a move above the $2.32 and $2.350 levels. The price surpassed the 50% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high. However, the price now faces hurdles near the $2.40 level. The price is now trading above $2.35 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.40 level. There is also a connecting bearish trend line forming with resistance at $2.40 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.420 level. It is near the 76.4% Fib retracement level of the downward move from the $2.449 swing high to the $2.848 high. The next resistance is $2.50. A clear move above the $2.50 resistance might send the price toward the $2.60 resistance. Any more gains might send the price toward the $2.650 resistance or even $2.680 in the near term. The next major hurdle for the bulls might be $2.80. Another Decline? If XRP fails to clear the $2.420 resistance zone, it could start another decline. Initial support on the downside is near the $2.350 level. The next major support is near the $2.320 level. If there is a downside break and a close below the $2.320 level, the price might continue to decline toward the $2.20 support. The next major support sits near the $2.120 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.350 and $2.320. Major Resistance Levels – $2.40 and $2.420.
On May 20th, COINOTAG News reported a significant milestone in the cryptocurrency landscape, highlighting a profound decline in Ethereum’s supply on exchanges, now below 4.9% for the first time in
For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong performance. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report , Ethereum experienced $205 million in inflows last week, bringing its year-to-date total to $575 million. This was indicative of a renewed investor confidence after the Pectra upgrade finally went live on May 7th, following a series of delays, as well as the appointment of co-executive director Tomasz Stańczak. Bitcoin also saw notable inflows of $557 million, though down from the previous week, possibly influenced by the Federal Reserve’s continued hawkish stance. Meanwhile, short-bitcoin products attracted $5.8 million for the fourth consecutive week, which suggested investor hedging as prices climb. During the same period, Sui and XRP recorded inflows of $9.3 million and $4.9 million, respectively, while Cardano and Chainlink posted smaller inflows of $0.5 million and $0.2 million. On the other hand, Solana witnessed $0.89 million in outflows, and multi-asset products saw a larger $2.9 million in withdrawals. Regional investor sentiment showed clear divisions. The US, for one, saw strong weekly inflows of $681 million, with Germany and Hong Kong contributing $86.3 million and $24.2 million, marking Hong Kong’s largest since November 2024. Australia and Switzerland followed with modest inflows of $13.5 million and $2.7 million, respectively. However, sentiment soured in Sweden, Canada, and Brazil, which recorded outflows of $16.3 million, $13.5 million, and $3.9 million over the past week, respectively. The post Ethereum Sees $205M Weekly Inflows Following Successful Pectra Upgrade appeared first on CryptoPotato .
Plus, Spacs make a comeback and UBS trials AI analyst avatars
Bitcoin could flip Gold, as confidence continues to grow among investors.
Bitcoin’s Breakout Is Real — and Traders Are Already Positioning for the Next Wave Bitcoin has pushed beyond $105,000 , and it’s igniting the rest of the market with it. But while BTC leads the charge, the focus is shifting to altcoins where the return potential is far greater. Among them, XRP, MAGACOIN FINANCE, and Ethereum are now ranked among the most likely to deliver 10,000% upside — with early-stage buyers already making their move. XRP: Futures Catalyst and Institutional Confidence in Motion XRP is currently trading above $2.36 , and all eyes are on the CME Futures launch on May 19 . Traders are calling for short-term movement toward $3.40–$5.50 , while long-term projections extend well into double-digit territory. With ETF conversations heating up and global settlement use cases gaining ground, XRP remains a powerful altcoin with real institutional reach. 5000% ROI STILL ON THE TABLE – ACT NOW MAGACOIN FINANCE: The Stage 8 Breakout Entry Everyone’s Watching MAGACOIN FINANCE is now the #1 presale project for 2025 ROI-focused traders — and Stage 8 is moving fast. Audited by Hashex and now ranked as one of the most talked-about meme-driven tokens of the year, MAGACOIN FINANCE is gaining traction because of performance, positioning, and timing. Buyers are entering for one reason: upside. 10,000% price target models align with market cap growth and early entry levels Stage 8 still open — but demand is pushing supply limits PATRIOT50X promo code is giving early investors a 50% bonus for a limited time With listings expected in Q3, momentum is already building ahead of schedule — and MAGACOIN FINANCE is being treated as a serious contender for this cycle’s biggest run . Ethereum: ETF Hype Meets On-Chain Fundamentals Ethereum is trading solidly above $2,600 and re-establishing itself as a cornerstone of the bull cycle. Between the successful Pectra upgrade , Layer-2 adoption, and anticipated spot ETF approval , ETH is positioned for a powerful second-half breakout. Forecasts from major research groups suggest movement toward $6,500–$12,000 , making it one of the few large-caps still loaded with upside. HBAR (Hedera): A Utility Giant Still Flying Under Radar HBAR continues to build through high-value enterprise integrations. From ESG reporting to payment rails, Hedera’s use cases remain strong. While it hasn’t exploded yet, many analysts believe it’s one catalyst away from being revalued significantly higher. For long-term investors, HBAR is still considered a quiet, steady-value play in an otherwise volatile environment. CLICK HERE – $0.007 LISTING COMING FAST Final Thoughts Bitcoin is leading. MAGACOIN FINANCE is accelerating. XRP and Ethereum are lining up technical and institutional catalysts. And HBAR is showing long-term promise. But for traders targeting 10,000% gains with urgency, MAGACOIN FINANCE is now sitting at the center of the highest-conviction conversation — and Stage 8 is the moment to move . To learn more about MAGACOIN FINANCE, please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance. Continue Reading: Bitcoin’s Bull Cycle Picks: XRP, MAGACOIN FINANCE, and Ethereum Could Be Lining Up 10,000% Returns
Dogecoin’s price took a hit this week after a strong run in recent weeks. It fell from $0.25 down to about $0.21. Traders saw a brief bounce above $0.23 around May 17–18, but that did not last. As of today, DOGE sits near $0.21, marking a 10% weekly drop. Investors are watching the bigger picture, hoping long‑term signals point to a renewed uptrend. Related Reading: Trump Token Mania: Over 6,000% Pump Or Classic Solana Trap? Analyst Maintains Bullish Outlook According to analyst Javon Marks, a key trendline gave way in late 2023. This line had capped Dogecoin since its $0.70 peak. He says the break ushered in higher highs and higher lows. A fresh low near $0.15 has held so far. Based on this view, he kept his $0.65 target, which would mean a 200% gain from $0.21. Marks also mentioned $0.74 and $1.25 as possible future milestones. $DOGE and a +174% climb to its first target at $0.6533 continues to be in the cards 🃏… https://t.co/7Jt82s0jLy — JAVON⚡️MARKS (@JavonTM1) May 18, 2025 Resistance Levels Remain Key Barrier Based on reports from market watcher Ali Martinez, the $0.25–$0.26 range is a major hurdle. That zone worked as support in December 2024 but flipped to resistance in early 2025. Since then, the meme coin has tried and failed to push past it. In February, it hit $0.28 before reversing to below $0.15. A March rally saw a move above $0.19 but stopped short again. The most recent test in May peaked at $0.24 before closing at $0.22. Traders will be looking for a clear close above $0.26 to signal new momentum. On‑Chain Activity Sees Strong Uptick Based on latest data, wallet activity has jumped sharply. New addresses grew by over 100% in the last seven days. Active addresses climbed by 110%. Even zero‑balance addresses rose by 155%, which often hints at fresh participation or address cleanup. Higher on‑chain counts don’t always mean a price rise, but they do show more users are logging transactions again. Stretch Targets Face Big Hurdles Dogecoin’s long‑term goals may sound exciting, but getting there won’t be simple. A move to $0.6533 or beyond requires first holding above $0.26. Then it must break $0.28 with real volume behind it. Related Reading: XRP 100x Gains Coming? The Future Is Closer Than You Think—Analyst Big price swings could scare some holders into booking profits. Even if the chart lines line up, outside events like social media buzz or exchange listings may be needed to push DOGE past $0.30. In the short term, traders will watch whether DOGE can reclaim $0.25 and hold it for a few days. If that happens, the higher‑low pattern stays intact. If it falls back below $0.21, the setup could collapse and open the door to further losses. For now, the coin sits in a tug‑of‑war between bullish chart fans and those who see more downside. Featured image from Unsplash, chart from TradingView
According to recent data from Farside Investors, the Ethereum spot ETF in the United States experienced a significant net inflow of $13.7 million on May 20th. Notably, BlackRock’s ETHA accounted
The post Why is the Ethereum Price Up Today? appeared first on Coinpedia Fintech News Ethereum (ETH) has been making steady gains over the past day, standing out in a market where most cryptocurrencies have shown limited movement. In the last 24 hours, Ethereum’s price rose by 6.93%, and over the past week, it’s up 5.61%, currently trading around $2,558.65. One of the factors behind this rise is a fresh update from the Ethereum Foundation. The organization announced changes to its leadership structure, naming Hsiao-Wei Wang and Tomasz K. Stańczak as new Co-Executive Directors. Along with a newly appointed President, this marks a step toward strengthening the foundation’s management and decision-making processes. The news has been well received within the Ethereum community, with many viewing it as a sign of renewed focus and direction for the network. While Ethereum has seen a bullish climb, other leading cryptocurrencies have struggled to match its pace. Bitcoin (BTC) posted a smaller daily gain of 1.83%, while Binance Coin (BNB), XRP, and other altcoins recorded even smaller increases. Stablecoins like USDT and USDC stayed flat, as expected. Ethereum Price Analysis Technical analysis adds another layer to Ethereum’s price movement. The cryptocurrency recently rebounded from a crucial support area and is now approaching resistance levels between $2,523 and $2,690. Analysts predict that the market structure is still uncertain, but this bounce leaves room for either a fresh rally or another corrective move. However, a decisive break below $2,464 could suggest the current rally has ended and further downside is ahead. For now, Ethereum’s combination of leadership changes and positive price action has set it apart from the rest of the market. Investors and traders are watching closely to see if this momentum can continue in the coming days.
COINOTAG reports from May 20 that SEC Commissioner Caroline Crenshaw has raised alarms regarding the agency’s regulatory practices impacting the cryptocurrency sector under the previous administration. She characterized the current