Latest news with #CoinEdition
Yahoo
3 days ago
- Business
- Yahoo
Aptos Rebounds Sharply After 10% Drop as Buyers Defend Key Support
The cryptocurrency market faces renewed pressure as global economic tensions intensify, with APT experiencing significant volatility amid broader market uncertainty. After dropping over 10% from $5.058 to $4.548, APT has begun stabilizing at critical support levels, showing resilience despite macroeconomic headwinds. Trading volumes peaked during the sell-off period but have since shifted toward accumulation patterns, suggesting institutional interest remains despite the turbulent global economic landscape. Technical Analysis Highlights APT experienced a substantial 10.08% correction, dropping from 5.058 to a low of 4.548 before staging a recovery. Sell-off intensified during the 22:00-00:00 period with above-average volume (2.7M-2.9M). Strong support established at the 4.55-4.60 zone where buyers emerged. Recovery phase showed consistent accumulation with price stabilizing between 4.60-4.70. Bullish move toward 4.75 during final hours on increased volume suggests renewed buying interest. Hourly price action formed a rounded bottom pattern before rallying in the final minutes. Substantial volume spikes at 14:01-14:02 (55K-32K) pushed prices back above 4.70. Hourly consolidation between 4.686-4.750 indicates stabilization attempts after the correction. External References "June Token Unlocks Top $3.2 Billion: Altcoins SUI, APT, ZRO Brace For Volatility", Coin Edition, published May 30, 2025.
Yahoo
6 days ago
- Business
- Yahoo
SHIB Stalls Below Key Resistance as Whale Activity Collapses 83%.
The cryptocurrency market continues to navigate choppy waters as global economic tensions weigh on investor sentiment. Shiba Inu has established a resistance zone around $0.00001467-$0.00001470, where high-volume selling has prevented upward movement, according to CoinDesk Research's technical analysis data model. The formation of lower highs since recent peaks indicates increasing bearish pressure, though the token has found support between $0.00001426-$0.00001436. Recent data shows Shiba Inu experienced a dramatic 74% decline in large transaction volumes, falling from 5.76 trillion SHIB to just 1.47 trillion in five days. This significant drop in whale activity has created a liquidity contraction in the ecosystem, with both inflows and outflows declining by over 80% in the past month. Despite these challenges, several analysts maintain bullish outlooks on SHIB's future. Some point to the token's expanding ecosystem, including Shibarium development, as reasons for long-term optimism. Changelly analysts predict SHIB could reach $0.0001 by 2029, while more ambitious forecasts suggest a potential $0.01 price point by 2040, though this would require significant supply reduction through token burns. Technical Analysis Highlights SHIB exhibited notable volatility over the 24-hour period, with prices ranging from a high of $0.00001469 to a low of $0.00001425, representing a range of 3%. The token established a significant resistance zone around $0.00001467-$0.00001470, where high-volume selling emerged during the 13:00 and 17:00 hours, preventing further upward movement. Support levels formed at $0.00001426-$0.00001436, with the price bouncing off these levels multiple times, though the declining volume profile suggests waning buyer interest. The formation of lower highs since the 17:00 peak indicates increasing bearish pressure, with the price ultimately settling at $0.00001430, down 1.78% from the period's high. In the last hour, SHIB demonstrated a notable recovery pattern, climbing from $0.00001427 to $0.00001431, representing a 0.28% gain. The token established a strong support zone at $0.00001429-$0.00001430, which successfully held during multiple tests at 07:26 and 07:30. Volume analysis reveals increasing buyer interest, with significant accumulation occurring during the 07:41-07:44 period when prices reached the session high of $0.00001436. The formation of higher lows since 07:56 suggests building bullish momentum, though resistance remains at the $0.00001433-$0.00001435 level where selling pressure emerged at 07:55. External References "Shiba Inu (SHIB) Price Prediction for May 28: Can Bulls Retake $0.00001573 as Price Squeezes?", Coin Edition, published May 27, 2025. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
XRP Bounces Back as Bulls Defend Key Technical Support
Global economic tensions and trade disputes continue to influence cryptocurrency markets, with XRP demonstrating remarkable resilience despite recent capital outflows. The digital asset saw its market capitalization fluctuate from $137.5 billion to $133.39 billion before partially recovering to $135.86 billion, highlighting the ongoing volatility. Despite these challenges, XRP maintains position above critical technical support levels including the 50-day SMA at $2.26, suggesting underlying strength in its market structure. Technical Analysis Highlights Price range: XRP traded between $2.275 and $2.356, representing a 3.56% range over 24 hours. Volume support: Significant volume spike to 71.18M at the $2.275 level during the 01:00 hour on May 27. Consolidation pattern: Hours following the initial support showed price consolidation before renewed buying. Secondary volume surge: Another high-volume increase to 74.36M during the 13:00 hour pushed prices toward range highs. Key resistance: Established at $2.355-$2.356 level. Support zone: Strong support identified at $2.275-$2.290 range. Hourly volatility: Notable price surge from $2.330 to $2.356 between 13:08-13:18. Volume confirmation: Exceptional volume spike of 6.28M at 13:13 supported the rally. Correction support: Price found support at $2.324 around 13:51 before recovering. Bullish pattern: Formation of a channel pattern with higher lows suggesting continued positive momentum. External References "Possible Scenarios for XPR Once it Breaks Out of Consolidation: Ripple Price Analysis", CryptoPotato, published May 26, 2025. "XRP price prediction as over $4 billion outflows in a day", Finbold, published May 27, 2025. "XRP ($XRP) Price Prediction for May 28: Can Bulls Reclaim $2.32 After Prolonged Decline?", Coin Edition, published May 27, 2025. "XRP Price Prediction For May 27", CoinPedia, published May 27, 2025.
Yahoo
26-05-2025
- Business
- Yahoo
SHIB Surges 5% After Mid-Day Dip, Defying Economic Tensions
Geopolitical tensions and shifting trade policies continue to influence cryptocurrency markets, with Shiba Inu 's SHIB token demonstrating remarkable resilience amid broader economic uncertainty. After experiencing a significant mid-day sell-off, SHIB staged an impressive recovery during the 22:00 hour, surging 3.0% on nearly 900 billion in volume before establishing a new resistance level at $0.0000147. Technical Analysis Highlights HIB established a trading range of 0.000007 (5.24%) between the low of 0.0000139 and high of 0.0000147 over the 24-hour period. The token experienced a significant sell-off during the 15:00 hour, dropping to its lowest point before finding strong volume support. A decisive recovery occurred during the 22:00 hour where price surged 3.0% on nearly 900 billion in volume. Bullish momentum continued into the final hours, with SHIB establishing a new resistance level at 0.0000147. In the last hour, SHIB experienced notable volatility with a 4.5% price swing between the low of 0.00001453 and high of 0.00001463. After establishing support at 0.00001455, SHIB staged a strong recovery beginning at 01:26, surging to 0.00001463 by 01:46 on increasing volume that peaked at 30.15 billion. Momentum faltered in the final 15 minutes as selling pressure emerged, creating a descending channel that brought prices back to 0.00001457. External References "Shiba Inu (SHIB) Bucks Market Slump With Unexpected Show Of Price Strength", Coin Edition, published May 23, 2025. "Shiba Inu Price Hints at $0.000020 Next as New Cryptocurrency Mutuum Finance Goes Viral With 12380% Price Prediction", Cryptopolitan, published May 26, 2025. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
SHIB Surges 5% After Mid-Day Dip, Defying Economic Tensions
Geopolitical tensions and shifting trade policies continue to influence cryptocurrency markets, with Shiba Inu 's SHIB token demonstrating remarkable resilience amid broader economic uncertainty. After experiencing a significant mid-day sell-off, SHIB staged an impressive recovery during the 22:00 hour, surging 3.0% on nearly 900 billion in volume before establishing a new resistance level at $0.0000147. Technical Analysis Highlights HIB established a trading range of 0.000007 (5.24%) between the low of 0.0000139 and high of 0.0000147 over the 24-hour period. The token experienced a significant sell-off during the 15:00 hour, dropping to its lowest point before finding strong volume support. A decisive recovery occurred during the 22:00 hour where price surged 3.0% on nearly 900 billion in volume. Bullish momentum continued into the final hours, with SHIB establishing a new resistance level at 0.0000147. In the last hour, SHIB experienced notable volatility with a 4.5% price swing between the low of 0.00001453 and high of 0.00001463. After establishing support at 0.00001455, SHIB staged a strong recovery beginning at 01:26, surging to 0.00001463 by 01:46 on increasing volume that peaked at 30.15 billion. Momentum faltered in the final 15 minutes as selling pressure emerged, creating a descending channel that brought prices back to 0.00001457. External References "Shiba Inu (SHIB) Bucks Market Slump With Unexpected Show Of Price Strength", Coin Edition, published May 23, 2025. "Shiba Inu Price Hints at $0.000020 Next as New Cryptocurrency Mutuum Finance Goes Viral With 12380% Price Prediction", Cryptopolitan, published May 26, 2025.
