Ethereum price started a fresh increase above the $2,550 zone. ETH is now consolidating gains and might aim for a fresh move above $2,620. Ethereum started a fresh increase above the $2,550 level. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $2,550 zone in the near term. Ethereum Price Gains Pace Ethereum price started a fresh increase above the $2,560 zone, beating Bitcoin . ETH price gained pace for a move above the $2,600 resistance zone and entered a positive zone. The price even tested the $2,620 resistance. A high was formed at $2,627 and the price is now consolidating gains. It is stable above the 23.6% Fib retracement level of the upward move from the $2,515 swing low to the $2,627 high. Ethereum price is now trading above $2,580 and the 100-hourly Simple Moving Average . Besides, there is a key bullish trend line forming with support at $2,550 on the hourly chart of ETH/USD. On the upside, the price could face resistance near the $2,620 level. The next key resistance is near the $2,650 level. The first major resistance is near the $2,680 level. A clear move above the $2,680 resistance might send the price toward the $2,780 resistance. An upside break above the $2,780 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,880 resistance zone or even $2,920 in the near term. Are Downsides Limited In ETH? If Ethereum fails to clear the $2,620 resistance, it could start a fresh decline. Initial support on the downside is near the $2,570 level. The first major support sits near the $2,520 zone and the trend line. A clear move below the $2,520 support might push the price toward the $2,450 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,520 Major Resistance Level – $2,620
Bitcoin sentiment on social media has reached a three-week high, with traders increasingly optimistic about BTC surpassing the $110,000 mark. Despite the surge in bullish commentary, historical data suggests caution
Rogue AI hallucinations by Grok have given rise to new crypto memes as well as associated tokens on Solana and Ethereum.
The crypto market is showing mixed signals today, with the total crypto market cap falling 2.4%. Bitcoin is up nearly 1% over the past 24 hours, currently trading just above $108,600. Ethereum has also jumped 3% as it trades around $2,600. But what else is happening in crypto news today? Follow our up-to-date live coverage below. The post [LIVE] Crypto News Today: Latest Updates for July 9, 2025 – Nasdaq-Listed GameSquare Announces $100M ETH Treasury Strategy appeared first on Cryptonews .
In 2025, the cryptocurrency market is witnessing a shift towards coins with robust technology and practical applications, with BDAG, HBAR, FIL, and ALGO leading the charge. These four cryptocurrencies stand
PUMP token debut could be the most 'controversial' but crucial to track, says crypto VC.
As the crypto market gears up for another explosive cycle, investors are scouting early-stage projects with the potential to deliver massive returns. Among the most talked-about opportunities for 2025 are three tokens that consistently dominate top presale lists: Solana, XRP, and MAGACOIN FINANCE. While Solana and XRP offer proven infrastructure and institutional credibility, it’s MAGACOIN FINANCE that’s stealing the spotlight with a disruptive approach, grassroots momentum, and staggering upside potential. MAGACOIN FINANCE: The Underdog with 100x Potential MAGACOIN FINANCE isn’t just another crypto project riding the hype wave; it’s a politically relevant, fully decentralized Layer-1 protocol designed to challenge the status quo. With a strong ideological foundation and an anti-VC stance, MAGACOIN FINANCE is attracting thousands of retail investors seeking fairness, transparency, and the chance to back a movement rather than just a token. The numbers speak for themselves. With a planned exchange listing price of $0.007, early buyers could be looking at a potential return of 3,400% — a figure that easily competes with the best gains of the last bull run. But MAGACOIN’s strength isn’t just in hype; it lies in fundamentals. The project has passed a smart contract audit by Hashex, features zero tax on buys and sells, and allocates a full 60% of its total supply to presale participants — a rare show of commitment to community ownership. Unlike many projects that depend heavily on venture capital or centralized influencers, MAGACOIN FINANCE is building from the bottom up. Its rapidly growing community on Telegram and X reflects a new generation of investors who value utility, decentralization, and ideological alignment. Whether you’re a seasoned trader or a newcomer looking for the next breakout altcoin, MAGACOIN offers a fundamentally sound entry point with real upside. Why Solana and XRP Still Make the List Solana continues to capture institutional attention with its high-speed infrastructure, low fees, and booming ecosystem. The blockchain has made headlines with the launch of staking-backed ETFs and real-world integrations from fintech giants, making it a solid pick for long-term value seekers. Its growing DeFi and NFT footprint also suggests staying power as one of the top Layer-1 platforms in the space. XRP, on the other hand, has evolved from a cross-border payments tool to a regulated crypto asset with expanding utility. With Ripple’s application for a U.S. banking charter and an upcoming stablecoin (RLUSD) in the pipeline, XRP is being repositioned as a compliant bridge currency for institutions. While not a presale token, XRP remains a must-watch for its potential to catalyze mass adoption of blockchain finance. Conclusion: MAGACOIN FINANCE Leads the Charge As the second half of 2025 unfolds, presales will remain one of the most powerful vehicles for wealth creation in crypto. However, not all tokens are built the same. Solana and XRP have earned their spots through years of development and adoption, but MAGACOIN FINANCE is the one project daring to rewrite the rules. With unmatched ROI potential, grassroots momentum, and a mission that resonates far beyond crypto, it’s more than a presale — it’s a movement. Investors looking for the next 100x token won’t want to overlook MAGACOIN FINANCE. It’s not just another altcoin — it’s the future of fair, community-led finance. Learn more and join the presale: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Telegram: https://t.me/magacoinfinance Continue Reading: Top Crypto Presales for 2025 Gains: Why Solana, XRP, and MAGACOIN FINANCE Dominate the Lists
Bitcoin has broken out of the orange bull flag on the 1-hour chart. After consolidating within a tight range, the breakout suggests that momentum is shifting back in favor of the bulls, and potentially setting the stage for a rapid push toward higher resistance levels. Pullback Or Launchpad? What Bitcoin’s Next Move Could Look Like According to MaxFINEancial’s latest analysis on X, he highlighted that a large green double bottom is forming within an orange bull flag on the 1-hour chart, which is a bullish continuation setup. Related Reading: Bitcoin Heating Up? NVT Golden Cross Hints At Potential Local Top The local high was a test of the trigger line of the double bottom, which signaled intent from the bulls. BTC is retesting the upper edge of the bull flag, aligning with the 1-hour 200-day MA, a critical dynamic support level that often dictates short-term momentum. MaxFINEancial projects a small pink bullish pennant forming and setting up for a continuation move higher. However, a rare diamond top pattern could also be taking shape, a bearish reversal formation that, if validated, may trigger a sharp downside move. If BTC loses the 1-hour 200-day MA, he advises shifting focus to the 4-hour 200-day MA, which is the line of defense. The important bullish area targets are $113,700, $115,867, $117,030, and $122,143, while the bearish diamond top target is $103,079. Market analyst A_y has also highlighted that Bitcoin is consolidating below the $110,000 resistance on the 4-hour chart, with the structure forming a textbook ascending triangle. This setup is the rising higher lows against horizontal resistance that precedes a strong breakout. If BTC manages to break above $110,000, the move could accelerate toward the $112,000 to $114,000 range, marking a bullish trend. However, failure to breach this ceiling may lead to a pullback toward $104,000, where previous demand has stepped in. The Relative Strength Index (RSI) is neutral, suggesting that there is room for momentum to build, while the Moving Average Convergence Divergence (MACD) shows a bullish crossover, that is hinting at potential upward momentum, BTC is still trading below the EMA, which means bulls need to prove strength for a confirmed breakout. Bitcoin Stable At $108,000 — Market Cooling, Not Crashing In an update on X, Chad_TattoosMD also emphasized that Bitcoin is showing resilience and holding strong around the $108,000 level despite the recent dip. BTC is maintaining its structure and refusing to break lower, which is a sign of underlying buyer confidence. Related Reading: Bitcoin Traders Are Betting Against the Rally, Will It Backfire? The Relative Strength Index (RSI) sits at neutral 54, indicating no extreme momentum in either direction. Meanwhile, the Stochastic (RSI) has entered overbought territory and is now cooling off, hinting at a potential short-term pullback. However, nothing on the chart suggests a breakdown is imminent. Chad_TattoosMD also points to $106,000 as the key support, and $112,000 as the resistance, which remains in a tight zone on the chart. Featured image from iStock images, chart from tradingview.com
Santiment says the ratio of bullish to bearish Bitcoin comments on social media has hit a three-week high as traders grow more optimistic about Bitcoin breaking above $110,000.
According to data from ChainCatcher and insights from on-chain analyst Ai, a prominent Ethereum whale identified as “ETH 1CO 1 million ETH whale” executed a direct sale of 1,000 ETH