Global de-dollarization is surging as a leading economist confirms nations are accelerating the shift to local currencies, reshaping global finance with a powerful multi-currency push. Economist Sees Power Shift as Yuan, Rupee, Ruble Eat Into US Dollar’s Dominance Global de-dollarization is accelerating as countries shift to a multi-currency system, using alternatives to the U.S. dollar
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The post XRP Price News: Key Levels to Watch This Week appeared first on Coinpedia Fintech News The cryptocurrency market continues to keep traders on edge, and XRP is no exception. Let’s break down what’s happening with XRP’s price action and the important support and resistance levels to watch. XRP Bounces from Key Support Zone On the daily chart, XRP recently bounced from a key support area between $2.10 and $2.15. This zone has been flagged as an important level, and for now, the price is holding steady above that range. If XRP falls below this support, the next levels to watch would be around $2.05 and $2.00. A drop under $2.00 could signal a bigger decline in the coming days or weeks. Inverse Head and Shoulders Pattern in Progress? Technically, XRP is possibly forming an inverse head and shoulders pattern on the daily timeframe. This is often seen as a bullish setup. For this pattern to confirm, XRP needs to bounce higher in the coming days and break through the golden pocket resistance zone between $2.56 and $2.62. A confirmed breakout above $2.62 could open the doors for a strong rally toward new all-time highs. However, for now, this pattern is only a possibility — it hasn’t been confirmed yet. Resistance Areas That Could Slow XRP’s Progress Before XRP reaches the golden pocket resistance, it will face other challenges. The price will need to clear resistance levels around $2.33 to $2.34 and then again near $2.43 to $2.44. Another major barrier stands at $2.48, which has been a key swing level in the past. These areas could lead to short-term pullbacks or pauses as traders take profits and reassess the market situation. Market Reaction: A Bounce in Progress In the shorter term, XRP is showing a minor bounce, often called a wave-four bounce in technical analysis. This small move upward happened after the price tested support around $2.07 to $2.08. Although the price didn’t fully hit the expected $2.06 mark, the reaction suggests traders are still active around these levels.
OM collapsed to $0.32 as user interest rises, but bearish pressure continues to dominate.
Crypto analyst Jmorg has provided an in-depth technical analysis, which shows what could happen to the Dogecoin price from its current levels. The top meme coin has already dropped below the psychological $0.2 level as part of a broader crypto market correction. What The Dogecoin Price Might Look Like From Current Levels In a TradingView post , Jmorg stated that Dogecoin has meaningful momentum behind its current price action , which is evident in the Money Flow Index (MFI). He noted that the indicator is accelerating off a very low momentum and trending higher on the weekly timeframe. The analyst further remarked that the Bollinger band width is narrowing to historical lows, which could eventually be the catalyst for the necessary volatility needed for DOGE to return to or exceed its current all-time high (ATH). He claimed that Dogecoin could reach $1 based on a Cup-and-Handle measured move . Meanwhile, the foremost meme coin could touch $0.95 based on the measured move from a breakout of the rectangle. Commenting on the Fibonacci retracement , Jmorg stated that given the momentum and potential increase of volume, a retracement to the current ATH of $0.73 seems likely. The analyst added that a pause and continuation of the advance higher would put Dogecoin near $1.20. He went on to allude to Dogecoin’s historical pattern , which saw the meme coin record gains of 8,000% and 2,000%. The analyst noted that an 8,000% gain would take DOGE to $15, or a market cap of $2.3 trillion. Jmorg remarked that it seems unlikely, as BTC has a market cap of about $2,2 trillion. However, the analyst highlighted a scenario where the Bitcoin price rallies to $200,000 and then a breakout of the wedge pattern sends Dogecoin to $15. He remarked that such a scenario makes the $15 price target more realistic and that, since crypto is unpredictable, anything is possible. Factors That Could Send DOGE To New Highs In his analysis, Jmorg also outlined factors that could send the Dogecoin price to new highs. First, he stated that the midterm elections will matter and that he suspects the Trump administration will do everything possible to retain control of DC, which would likely lead to pro-crypto policies . The analyst added that pro-crypto policies and deregulation could be a powerful tailwind for the US economy, which would help keep people employed and ultimately maintain high asset prices. Another factor which Jmorg outlined is the Dogecoin ETF . He noted that approval for these funds appears likely, and this could provide a significant source of demand. The DOGE ETFs would drive institutional inflows, which could spark a price surge for the meme coin. The last factor is the potential integration of Dogecoin payments on the X social media platform . The crypto analyst noted that this doesn’t seem unrealistic, given that Elon Musk is a huge fan of the meme coin. Like the DOGE ETFs, he said that this could provide a source of demand for the meme coin. At the time of writing, the Dogecoin price is trading at around $0.1897, down over 7% in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from TradingView
Over the past week, the Tron (TRX) market recorded a choppy price action, eventually resulting in a 2.10% price decline. Amidst the crypto market euphoria seen in the past two months, TRX has maintained a steady price growth reporting percentage increase of 17.39% since the beginning of April. Interestingly, prominent crypto analyst Burak Kesmeci has shared an intriguing market insight that indicates TRX is likely to remain on the uptrend for the foreseeable future. Related Reading: Bullish Candle Formation Suggests The XRP Price Could Touch $22 TRX Futures Market Signals Good Accumulation Opportunity In an X post on May 30, Burak Kesmeci postulated that TRX remains in a prime position for further price gains based on developments in futures retail activity. Using data from CryptoQuant, the analyst explains that TRX previously reached a market of $0.45 in December 2024 which aligned with a period of peak retail speculation as indicated by the cluster of red dots on the chart. During this period, many traders likely leveraged long, trading the rally in anticipation of a sustained price uptrend. However, TRX prices soon crashed to $0.21 during a broader market correction that lasted for the majority of the first trimester of 2025. This period is marked by a sparse amount of gray dots suggesting a neutral retail participation in the futures market. Amidst resumed crypto bull market rebound, TRX prices have risen to around $0.27. However, retail activity has remained neutral with no significant uptick in speculation or emergence of a “mad crowd” as seen in December 2024. According to Burak Kesmeci, these findings indicate there is significant potential for an upswing in the TRX market as retail futures activity is far from overheated. However, there is a need for macroeconomic and geopolitical tensions to subside before these projected gains can occur. Recently, the crypto market produced a negative reaction to reports of the US and China failing to find a common ground in an ongoing trade talk amidst a 90-day truce before both countries. Related Reading: Ethereum Pulls Back To 20DMA After $2,700 Rejection: Testing Strength At Key Support TRX Price Prediction At the time of writing, TRX trades at $0.26 reflecting a 2.87% decline in the past day. Meanwhile, the token’s daily trading volume is valued at $806.98 million. According to data from CoinCodex, TRX investors are strongly bullish despite recent losses as evidenced by the Fear & Greed Index of 60. Coincodex analysts project TRX to soon rediscover its bullish form with forecasted price targets of $0.32 and $0.29 in the next five and thirty days respectively. In addition, they paint a positive long-term outlook with a price target of $0.51 in six months. Featured image from iStock, chart from Tradingview
COINOTAG News, June 1st – Recent analysis from The Kobeissi Letter highlights a significant development in the US credit market. The one-year credit default swap (CDS) rates have surged to
Amid the latest crypto market turbulence and shifting regulatory landscapes, many market watchers are reevaluating the top cryptos to buy for 2025. Recent global economic uncertainties and blockchain innovations have reignited interest in altcoins that demonstrate real utility and growth potential. One project steadily capturing attention is Qubetics ($TICS), which is positioned to solve persistent blockchain challenges that predecessors like Injective could not fully address. As the crypto sphere moves toward greater interoperability and usability, identifying the top cryptos to buy for 2025 involves recognizing those with robust technology and market traction. Qubetics is rapidly emerging as a front-runner, with its ongoing crypto presale making it an accessible and compelling option in this increasingly competitive market. Injective Protocol: A Missed Opportunity in Decentralized Finance Injective Protocol once stood at the forefront of decentralized finance (DeFi), offering a fully decentralized exchange (DEX) with advanced features like cross-chain trading and zero gas fees. Its innovative Layer-2 scalability solutions positioned it as a pioneer capable of transforming derivatives and spot trading on the blockchain. The token’s crypto presale and early phases saw significant enthusiasm, fueling rapid price appreciation. Yet, many did not capitalize on Injective’s rise during this critical period, resulting in a missed opportunity as the token surged before stabilizing. While Injective remains an influential player with ongoing development, the token’s most explosive gains have likely passed. Why does Injective still appear among the top cryptos to buy for 2025? Its core technology continues to underpin decentralized exchanges, but the maturation of the market and increased competition have tempered expectations for similar rapid growth in the near term. Qubetics ($TICS): The New Rising Star Among Top Cryptos to Buy for 2025 Qubetics stands out as a promising entry on the list of top cryptos to buy for 2025. Currently in its 36th presale stage, Qubetics has sold over 514 million tokens to more than 27,300 holders, raising upwards of $17.5 million. At a token price of $0.3064, the project remains accessible to a broad audience eager to participate before the mainnet launch. Analyst projections for Qubetics are particularly optimistic. The token is forecasted to reach $1 after the presale, suggesting a 226% return. Post-presale predictions indicate a surge to $5, equating to a 1531% ROI, while the mainnet launch could potentially push the price between $10 and $15, delivering an impressive 4794% return. Such forecasts place Qubetics among the most compelling top cryptos to buy for 2025. Qubetics’ Technological Edge: QubeQode and Qubetics IDE Qubetics offers a dual-pronged technological innovation through its QubeQode platform and Qubetics Integrated Development Environment (IDE). These tools aim to simplify blockchain adoption and empower businesses, professionals, and individuals with versatile solutions. For businesses, QubeQode enables seamless cross-chain asset management and smart contract deployment, fostering interoperability that reduces operational friction. Professionals benefit from customizable workflows and secure, decentralized applications facilitated by Qubetics IDE, increasing efficiency and control over digital operations. On the individual level, Qubetics prioritizes privacy and control, allowing users to engage with blockchain ecosystems without relinquishing custody of their assets. The crypto presale’s affordability and growing community support accentuate Qubetics’ potential to reshape blockchain usability and adoption in 2025. Why did Qubetics secure a spot among the top cryptos to buy for 2025? Its innovative platforms combined with an accessible crypto presale provide a gateway to exponential growth opportunities previously unseen. Conclusion: Based on Research and Analysis Based on research and analysis, the missed opportunity with Injective highlights the importance of early participation in promising projects. In contrast, Qubetics emerges as a compelling candidate among the top cryptos to buy for 2025 , blending cutting-edge technology with real-world applications and an affordable crypto presale phase. Analyst forecasts support significant growth potential, making Qubetics an attractive option for market entrants seeking substantial upside. Market participants should consider Qubetics’ unique positioning alongside established projects, maintaining awareness of the volatile nature of cryptocurrency investments. This period offers a rare chance to engage with a project poised to redefine blockchain interoperability and adoption. For More Information: Qubetics: https://qubetics.com Presale: https://buy.qubetics.com Telegram: https://t.me/qubetics Twitter: https://x.com/qubetics FAQs What are the key features of Qubetics’ QubeQode and IDE platforms? They facilitate cross-chain interoperability, smart contract deployment, and customizable blockchain workflows for businesses, professionals, and individuals. How accessible is the Qubetics presale? The presale is in stage 36 with tokens priced at $0.3064, open to a wide range of participants. Are analyst price predictions for Qubetics guaranteed? No. While forecasts are optimistic, crypto markets remain highly volatile and subject to various risks. Has Injective’s growth potential declined? Injective’s initial surge has moderated, with future growth expected to be steadier due to increased competition. Which other cryptos are recommended for 2025? Ethereum, Polkadot, and Solana are notable projects with ongoing development and ecosystem expansion. The post Injective’s Peak Has Passed—Here’s Why Qubetics Is Among the Top Cryptos to Buy for 2025 appeared first on TheCoinrise.com .
As reported by COINOTAG News on June 1st, recent insights from Coinglass data indicate a critical threshold for Bitcoin. Should the price dip below $103,000, it is projected that the
Generation Z (Gen Z) is now coming of age—and with them, a digital-first mindset that is set to disrupt every traditional industry, including healthcare.