Ethereum is testing crucial support near $3,800 as analysts debate whether the cryptocurrency is poised for a bullish breakout or facing deeper correction. Technical indicators reveal conflicting signals between bearish breakdowns and confirmed bullish structures. The next price movements will determine if ETH stabilizes for a rally or retreats toward $3,400-$3,600.
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News from United States
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News from United States XRP Price Recovery: Bulls Target $2.66 Amid Key Resistance
XRP has initiated a fresh recovery wave, climbing above the crucial $2.50 level with bullish momentum. The cryptocurrency now faces key resistance at $2.60, with technical indicators suggesting potential for further gains if critical levels are breached. Trading above the 100-hourly Simple Moving Average and showing positive technical signals, XRP’s next directional move hinges on whether bulls can overcome significant resistance barriers or if bears will reassert control.
read moreShiba Inu Users Targeted by Sophisticated Wallet-Draining Scams
Shiba Inu’s massive community has become a prime target for sophisticated scammers deploying wallet-draining tactics through fake websites and fraudulent airdrops. Security monitors have identified multiple coordinated attacks that exploit SHIB holders’ trust, with malicious actors creating convincing impersonations of official platforms to steal digital assets. Users are urged to exercise extreme caution when interacting with any SHIB-related platforms as these scams spread across major social media channels.
read moreSorare Migrates from Ethereum to Solana for Scalability
In a strategic pivot that signals evolving priorities in the crypto gaming sector, fantasy sports platform Sorare is transitioning its entire ecosystem from Ethereum to Solana after six years of operation. CEO Nicolas Julia characterizes this significant blockchain migration not as a rejection of Ethereum but as an essential upgrade, driven by Solana’s superior scalability and consumer-focused architecture. The move will transfer over 10 sports games and their associated trading cards to what Julia identifies as the most viable chain for fantasy sports applications.
read moreCrypto Analysts Predict Bitcoin ATH After Market Correction
Cryptocurrency analysts believe recent market turbulence is temporary and forecast Bitcoin could reclaim its $125,100 all-time high within weeks. Veteran trader Peter Brandt predicts one final major correction before the upward trend emerges, despite Friday’s market crash that saw over $19 billion in liquidations triggered by former President Donald Trump’s 100% tariff announcement on Chinese goods.
read moreCoinbase Invests in CoinDCX to Expand in India, Middle East
Coinbase is making a strategic pivot toward emerging markets with a significant investment in Indian cryptocurrency exchange CoinDCX, valuing the platform at $2.45 billion. This partnership represents a calculated ‘partner to penetrate’ approach, allowing the U.S. exchange giant to leverage CoinDCX’s established regulatory relationships and market position rather than facing India’s complex regulatory landscape alone. The move signals Coinbase’s intensified focus on India and the Middle East as primary drivers of future global crypto adoption.
read moreEthereum Price Recovery: ETH Eyes $4,350 Amid Bullish Signals
Ethereum has initiated a fresh recovery wave, climbing above the crucial $4,050 level and showing strong bullish momentum. With key technical indicators turning positive, ETH appears poised for further gains toward the $4,350 resistance zone. The cryptocurrency is currently trading above its 100-hour moving average, signaling sustained buying pressure as it follows Bitcoin’s recovery pattern.
read moreBinance Traders Turn Bearish as Sell Orders Surge
Traders on Binance, the world’s largest cryptocurrency exchange, are displaying mounting pessimism in the aftermath of last week’s historic market crash. Data from the platform reveals a concerning trend of rising sell orders and increasing user deposits, signaling a significant erosion of short-term confidence among market participants. Three key metrics analyzed by CryptoQuant expert COINDREAM suggest this bearish sentiment could continue to exert downward pressure on cryptocurrency prices in the near term.
read moreCrypto Markets Rebound to $4T After Historic Liquidation
Cryptocurrency markets have staged a remarkable recovery to $4 trillion following the largest liquidation event in history, defying expectations of a prolonged downturn. Despite the unprecedented sell-off that rattled investors, analysts maintain bullish October forecasts, pointing to underlying structural resilience that has prevented the market from entering bear territory. The swift rebound has been described by industry experts as feeling ‘like a small miracle,’ challenging conventional market wisdom about post-liquidation recovery patterns.
read moreDogecoin Plunges 25% as Technical Support Fails
Dogecoin experienced a dramatic 25% price collapse on Tuesday, tumbling to $0.19 as critical technical support levels gave way and bearish momentum indicators flashed warning signals. The meme cryptocurrency’s failure to maintain its position above the $0.23-$0.24 resistance zone triggered accelerated selling pressure, pushing DOGE to its lowest level in over three weeks. While the House of Doge merger announcement with Brag House Holdings provided brief optimism, broader market weakness ultimately overwhelmed any positive sentiment from the deal.
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