The main category of Crypto News.
You can use the search box below to find what you need.
The main category of Crypto News.
You can use the search box below to find what you need.
Cardano price has remained under pressure this year as it lacks a clear catalyst to push it higher. ADA price was trading at $0.668 on Thursday, down by 50% from its highest point in November last year. This article explains the top 4 reasons to sell ADA to avoid more losses.
The first main reason to avoid Cardano is that it is largely a ghost chain, a blockchain that is not supported by an active ecosystem. Data shows that Cardano’s decentralized finance (DeFi) ecosystem has a total value locked (TVL) of $411 million.
While this is a big number, it is much smaller than some of the recently launched networks like Berachain, Sonic, and Unichain. Also, a closer look shows that Liqwid, has $103 million in assets. The other remaining dApps on its ecosystem have less than $80 million in assets.
At the same time, the supply of stablecoins on Cardano has dropped to about $30 million, a tiny amount considering that there are over $250 billion in circulation.
Read more: Solana Price Prediction as a “New” $1.9 Billion Catalyst Emerges
The other reason why the Cardano price may crash is that the much-anticipated Bitcoin integration may flop.
For starters, Cardano hopes to integrate with Bitcoin through the BitcoinOS Grail Bridge. It hopes that this integration will unlock over $1.3 trillion in liquidity to flow its network.
One benefit of this integration is that it will let users stake their Bitcoin. However, there is a likelihood that this integration will not work out as expected. That’s because the technology to stake Bitcoin already exists through platforms like Babylon Protocol and Lombard Finance.
Further, there are signs that Cardano has weak on-chain metrics that may affect its growth. The chart below shows that the number of holders has dropped to 4.49 million, down from a high of 4.5 million in May.
Another data shows that Cardano’s active addresses have plunged in the past few days. After peaking at 26,660 on May 23, the figure has tumbled to below 20,000 today. That is a sign that users are not interacting with Cardano as they did before.
More data shows that whales have continued to sell their Cardano coins in the past few months. Holders with between 100 million and 1 billion coins hold 3.02 billion coins, down from 3.4 billion in April. Similarly, those holding between 1 million and 10 million coins hold 5.72 billion coins, down from 6 billion earlier this year.
Read more: XRP Price Prediction: Can Ripple Turn $1K to $10K by 2030?
Finally, Cardano has weak technicals that may push it much lower soon. The eight-hour chart shows that the coin formed a double-top pattern at $0.844 and has now moved below the neckline at $0.711. A drop below that neckline is a sign that bears have prevailed.
Cardano price has also formed a bearish flag pattern, a popular negative sign. Therefore, the coin will likely continue falling as sellers target the key support at $0.513, its lowest point in April, down by 23% from the current level.
Read more: New $6.4 Billion Tech Company Joins Hedera Hashgraph (HBAR) Council
Investors who have managed to enter the top 10% on the XRP rich list could see some impressive gains when XRP finally reaches a two-digit price.
Notably, the crypto market recently entered another consolidation phase, and XRP followed suit, dropping to again retest the $2.2 price level. This comes after the altcoin failed to capitalize on the earlier Bitcoin (BTC) upsurge that pushed its price to new all-time highs last month.
As a result of Bitcoin’s solo rally, which left altcoins like XRP behind, Bitcoin dominance has continued to surge. However, analysts believe an imminent drop in Bitcoin dominance is on the horizon. This would massively benefit XRP and other altcoins.
With the market expecting the altcoin season to take shape soon, several market watches have projected price targets for assets such as XRP. For instance, analyst DK64Trades suggested last month that he is sure XRP will eventually break above $10. He cited the XRP dominance in his argument.
Also, the founder of CryptosRUs, George Tung, indicated in a May interview that he sees XRP reaching $10 by the end of the year. For context, a $10 price would represent a 354% increase from the current price, and while most proponents believe this target is conservative, the consensus is that XRP could claim it soon.
At this price, investors could witness impressive gains depending on the amount of XRP they hold. Community commentators like Edoardo Farina have consistently charged investors to accumulate at least 10,000 XRP tokens.
In previous instances, Farina also suggested that investors amass enough XRP tokens to at least enter the top 10% on the XRP rich list. He made this suggestion in February when the requirement to enter the top 10% XRP rich list was 2,501 XRP. Today, this threshold has dropped to 2,480 XRP.
If an investor can amass these 2,480 XRP tokens to secure a spot among the top 10% on the XRP rich list, they could see some subtle gains when XRP claims $10. Notably, these tokens are currently worth $5,456 at XRP’s current price of $2.2. If prices surge to $10, these 2,480 XRP tokens will be worth $24,800, a yield of $19,344.
However, it bears mentioning that not all investors within the top 10% on XRP rich list hold exactly 2,480 XRP, as this is merely the least amount to hold to enter this elite group. Others hold more up to 8,770 XRP. Those on the topic 10% list with 8,770 tokens currently sit on $19,294. If XRP hits $10, this investment will hit $87,700, a profit of over $68,000.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.
He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.
With June 13, 2025, emerging as a potential resolution date, XRP investors are holding their breath as speculation swirls and XRP price fluctuations hint at growing market anticipation.
The XRP lawsuit, one of the most closely watched cases in the crypto world, might finally be reaching a settlement point. Community chatter and influencer insights have reignited hope that the legal deadlock between Ripple and the SEC could end within days.
XRP Lawsuit speculation around June 13 sparks fresh optimism in the crypto market. Source: Brett via X
According to a social media post by crypto advocate “The Real Remi Relief,” Ripple, the SEC, and Judge Analisa Torres have allegedly “reached a deal” that could be announced publicly on June 13. While unconfirmed, the message triggered a noticeable reaction in the market. XRP’s value rose to around $2.25, up more than 4% over 24 hours, signaling increased investor confidence in a favorable outcome.
“I’m personally going to prepare as if it is,” Remi stated on X, adding that such a settlement could unlock the next major XRP price rally, potentially exceeding the all-time high of $3.84. Her track record of accurate predictions, including calls on court decisions and ETF launches, has further added weight to her claims within the Ripple XRP news community.
Despite the buzz, Ripple has not issued any official statements confirming a settlement. Legal experts also remain cautious. Marc Fagel, a former SEC commissioner, publicly dismissed the June 13 claim as “false,” urging investors to be wary of unverified rumors.
Ripple, the SEC, and Judge Torres have reportedly reached a deal, with an announcement expected on June 13, 2025. Source: RemiReliefX via X
Adding to the uncertainty, Judge Torres recently denied a motion for an indicative ruling that could have finalized a previously discussed agreement. Her ruling in May described the joint request from Ripple and the SEC as “procedurally improper,” effectively rejecting the attempt and prolonging the case.
This has left investors in limbo, with no formal closure yet on whether XRP should be treated as a security or a digital currency. The outcome holds broad implications, not just for Ripple crypto, but for the wider digital asset industry in the United States.
The Ripple price has responded dynamically to the evolving legal landscape. Despite no official confirmation of a deal, XRP’s market performance shows signs of bullish sentiment. The token has been hovering above the $2 mark, with analysts suggesting a breakout could occur if settlement news turns out to be accurate.
Ripple (XRP) was trading at around $2.249, up 2.8% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
“A confirmed settlement would almost certainly spark a sharp rally,” said one crypto analyst. “We could see XRP push beyond its 2018 highs and enter a new price discovery phase.”
That optimism is reflected in XRP price prediction chatter across crypto platforms. Traders are positioning themselves for a potential announcement, with some forecasting a climb to $5 or beyond if regulatory clarity finally arrives.
This Ripple lawsuit has far-reaching consequences. At its core, the SEC claims that Ripple conducted an unregistered securities offering by selling XRP. Ripple denies the allegation, asserting that XRP functions like a currency, not a security. This distinction affects how XRP is regulated and traded in the U.S. market.
SEC Commissioner Hester Peirce signals support for XRP, paving the way for global institutional adoption and Ripple custody services. Source: Pumpius via X
If a settlement is reached, it may bring long-awaited clarity to how digital assets are classified. That could unlock a wave of adoption and institutional interest—not just in XRP, but in other blockchain-based tokens as well.
Earlier in 2025, a tentative deal proposed a $50 million penalty for Ripple and a return of $75 million worth of XRP tokens. However, that agreement was shelved after judicial objections. The resulting delay extended the SEC lawsuit, frustrating investors and limiting Ripple exchange listings in key jurisdictions.
Yet the anticipation of a breakthrough has lifted sentiment. Ripple CEO Brad Garlinghouse has remained firm in defending XRP’s status as a currency and signaled in past interviews that Ripple is open to a fair and lawful resolution.
A final decision—whether through a court ruling or negotiated settlement—could reshape the Ripple market and set important regulatory precedents. The conclusion of the SEC Ripple case may also enhance Ripple’s standing with financial institutions, including legacy partners like Ripple Bank of America, who have been cautiously observing the legal battle.
Beyond XRP, a favorable outcome could act as a green light for other blockchain projects grappling with similar regulatory challenges. On the other hand, a drawn-out process or unfavorable ruling could reinforce calls for stricter crypto oversight.
As of June 4, XRP is trading around $2.24, holding firm near its short-term resistance. The market remains volatile, but the momentum is leaning positive. Should a June 13 settlement be officially confirmed, analysts anticipate a sharp price move, potentially driving XRP into new highs.
XRP rebounds from the $2 support with a bullish momentum but struggles below the $2.27 resistance. Source: Fibonacci6180 on TradingView
Still, investors are urged to remain cautious. The lack of official statements and previous delays mean that nothing is set in stone.
As the Ripple SEC lawsuit inches toward what could be its final act, the crypto community remains on high alert. Whether June 13 marks a historic resolution or another missed deadline, one thing is clear—Ripple XRP news will remain center stage in the days to come.
For now, all eyes are on Ripple, the SEC, and Judge Torres as the countdown continues.
Market growth remains the most likely scenario for most of the coins, according to CoinMarketCap. CoinMarketCap”>
The rate of Ethereum ETHUSD has gone up by 0.88% over the last 24 hours.TradingView”>
On the hourly chart, the price of ETH has made a false breakout of the formed resistance of $2,647.
If the daily bar closes far from that mark, bears may come back to the game, which may lead to a drop to the $2,600 range.TradingView”>
On the longer time frame, bulls are trying to seize the initiative. If the daily candle closes around current prices or above, the upward move is likely to continue to the $2,700 mark.TradingView”>
From the midterm point of view, one should focus on the weekly bar’s closure in terms of the $2,738 level. If its breakout happens, the accumulated energy might be enough for a test of the vital $3,000 area.
Ethereum is trading at $2,636 at press time.
Dogecoin (DOGE), the beloved meme-coin that started as a playful joke, continues to capture both investors’ imaginations and market headlines. The past week has brought fresh enthusiasm, speculation, and ambitious predictions. Let’s dive into what top analysts and experts have recently said about DOGE’s future.
DOGEUSD just over 19 cents at the time of writing
CoinDesk (June 4) highlights that institutional investors are fueling a bullish breakout, with DOGE comfortably above the critical $0.195 resistance. Analysts pinpoint strong support at $0.194, with expectations to test the psychological $0.20 mark soon.
Echoing this optimism, U.Today (June 3) notes DOGE’s steady gains, emphasizing the crucial support at $0.1932. If bulls maintain this level, DOGE might comfortably rally into the $0.20 territory in the coming days.
In a similar vein, FXStreet’s Vishal Dixit emphasizes a strong bullish signal from a short-term range breakout, projecting DOGE targeting $0.2145 soon, with resistance at the 200-day EMA ($0.2074).
Watch the DOGEUSDT price range of ) 18.5 cents to 22 cents
Interestingly, not everyone forecasts an immediate straight path upwards. CoinCodex’s algorithmic model suggests short-term volatility could briefly pull DOGE to around $0.1866 before a strong bounce toward $0.225, suggesting a healthy upside of roughly 17% within a month.
Moreover, CryptoTicker’s scenario analysis outlines a balanced view:
40% chance: Bullish breakout toward $0.24–$0.25
30% chance: Short-term slip toward $0.18
30% chance: Consolidation around $0.19
Bullish sentiment continues to dominate, especially with increased whale activity and growing open interest. Cointelegraph projects DOGE potentially rallying to $0.23 and even up to $0.26 if bulls defend key moving averages successfully.
Supporting this bullish mid-term narrative, AMBCrypto highlights rising accumulation from influential whales despite recent liquidity dips. A break above $0.20 might ignite a 25% rally to approximately $0.25—provided key levels hold.
DOGE’s history of spectacular rallies prompts some optimistic (and wildly ambitious) predictions:
Crypto Kaleo via NewsBTC boldly claims historical patterns and strong whale accumulation could trigger a jaw-dropping 1,000% rally, potentially propelling DOGE to the $1–$2 range by the end of 2025.
CoinLore takes a more tempered yet still optimistic stance, predicting DOGE hitting around $0.76 by late 2025, relying on historical network metrics and market behaviors.
On the extreme end, Mitrade Insights sourced from Cryptopolitan entertains an outlier scenario with DOGE potentially reaching a staggering $12, implying a nearly $1.8 trillion market cap. While intriguing, this prediction remains firmly in speculative territory.
investinglive Doge coin prediction
Stripping away the extremes and focusing on consensus, most analyses cluster DOGE’s short-term price targets between $0.20 and $0.26, with a comfortable median around $0.245. If DOGE can decisively surpass $0.20 and sustain momentum, $0.25 is highly achievable this summer.
For year-end targets, a realistic trimmed average suggests $0.45–$0.50 is within reach. However, if broader market sentiment shifts positively, significantly higher targets ($1+) could come into play, appealing to those looking for moonshot gains.
Support: $0.193–$0.194
Short-Term Resistance: $0.20–$0.2074 (200-day EMA)
Bullish Targets: $0.2145, $0.23–$0.26
Year-End Conservative Target: $0.45–$0.50
Dogecoin remains exciting, volatile, and brimming with potential—perfectly encapsulating crypto’s allure. Traders should monitor key support and resistance closely, prepare for volatility, and remain open-minded about DOGE’s ambitious potential moves.
Join investingLive Crypto’s Telegram channel for real-time alerts, tradeCompass insights, and valuable crypto gems—without the spam.
Cardano (ADA) has achieved a significant milestone by surpassing 110 million total transactions. This development highlights a major surge in network activity and usage, despite the current market challenges. Technically, the network growth has been attributed to recent collaborations, network modifications, and the growing usage of Smart Contracts.
Alongside partnerships with leading firms, a few days ago, Cardano announced the release of Node v.10.4.1, which included Unspent Transaction Output – High Density (UTXO-HD), which is designed to improve the speed and scalability of blockchains.
According to ADA coin’s recent market data, the asset has fallen below a key support level of $0.70, trading at $0.68 at press time. On the weekly and monthly price charts, ADA coin fell by 9% and 1%, respectively. Meanwhile, ADA coin is attempting to reverse its current bearish trend on its daily price chart with a 2.2% increase.
Looking at the Relative Strength Index (RSI), ADA coin looks to have entered bearish territory with a value of 42. This is consistent with the MACD chart, indicating that traders remain concerned. In contrast, the asset’s 24-hour trading volume increased by 9% to $614 million.
Despite these challenges, ADA whales appear to have taken advantage of the recent downturn by acquiring a huge amount of the token, signaling a bullish Cardano price prediction. This type of setback allows late buyers to join the rise at a significantly cheaper price.
As whales join the market, Cardano price predictions turn bullish, forecasting the next leg up for ADA might propel the ADA coin to new highs, with a potential push above $1.
Breaking news is driving fresh excitement as Ripple’s RLUSD stablecoin expands into Brazil and Europe, pushing current XRP price prediction models toward $10. With XRP maintaining support above $2.20 and Ripple’s ecosystem showing strong signs of growth, the latest XRP price forecast has sparked widespread interest across the crypto community.
While many analysts debate the next XRP price outlooks, emerging technologies are quietly challenging the status quo. Among them, JetBolt (JBOLT) stands out—its zero-gas, lightning-fast transactions and over $3.2 million presale success have stirred remarkable whale activity, signaling a new force reshaping crypto dynamics.
In this well-researched piece, we’ll break down the latest XRP price prediction, analyze whether XRP can reach $10 as RLUSD expands to Brazil and Europe, and explore how JetBolt shocks insiders.
Can XRP Hit $10 as RLUSD Expands to Brazil and Europe? An In-Depth Price Analysis
The XRP price prediction of $10 has stirred considerable excitement, especially with Ripple’s recent announcement that its RLUSD stablecoin is expanding to Brazil and Europe. This strategic move signals Ripple’s push into new markets, possibly boosting XRP’s utility and demand.
Why is this important? RLUSD’s regulatory approvals, including Dubai’s DFSA and now Brazil and Europe, position Ripple to enhance cross-border payments using XRP as a key bridge asset. These developments are crucial factors in current XRP price forecasts.
Over the past week, XRP has shown a dip below $2.10, followed by a steady recovery to $2.23. If XRP holds above $2.20 and surpasses the $2.30 resistance soon, it may signal a bullish trend continuation. Conversely, failure to sustain this level could lead to renewed selling pressure.
XRP 7-day price chart from CoinMarketCap showing price fluctuations between $2.05 and $2.30
Technically, XRP is at a critical juncture. XRP is holding support around $2.20, near the neckline of a long-term double bottom pattern, which historically signals a bullish reversal. Some expert crypto analysts’ XRP price prediction suggests that if XRP breaks above the $2.30 and $2.65 resistance levels, it could trigger a substantial upward move, possibly toward the $10 mark and beyond.
However, XRP continues to face regulatory uncertainties as the Ripple vs. SEC lawsuit remains unresolved, with a rumored settlement announcement expected on June 13, 2025. Unfortunately, this legal backdrop continues to influence XRP’s price dynamics.
Recent on-chain data also show a 5% increase in active wallets and cautious whale activity, indicating growing but measured interest.
In light of these factors, while the XRP price prediction of $10 seems out of reach despite RLUSD’s expansion into Brazil and Europe, Ripple’s ongoing developments keep the market watching closely. Meanwhile, JetBolt (JBOLT) is gaining momentum as users seek cutting-edge crypto presales with zero gas fees and innovative features, signaling a fresh wave of opportunity in the blockchain space.
JetBolt (JBOLT): The Zero-Gas Revolution Electrifying Crypto Insiders
JetBolt (JBOLT) is making waves in the crypto world with its presale smashing past the 356 million token mark, signaling a powerful surge that insiders can’t stop talking about. This hi-tech altcoin mirrors a seismic crypto shift, where cutting-edge technology meets operational and futuristic features. As each day brings new buyers, JetBolt’s presale is swiftly rewriting what’s possible for next-generation altcoins.
Powered by Skale Network’s zero-gas technology, JetBolt obliterates gas fees entirely, empowering users to transact more freely and seamlessly. What’s more, skale zero gas tech has unleashed a playground for developers building dApps, SocialFi, Web3, and blockchain gaming to thrive without the usual gas cost limits.
JetBolt’s intuitive Web3 wallet makes entry to its staking system a breeze—no more complex setups or prior crypto experience required to hold crypto beginners back. What’s more, beyond token staking rewards, stakers amplify their rewards through active ecosystem engagement, turning interactions into thrilling crypto bonuses.
The presale frenzy is impossible to ignore, with JetBolt’s exclusive Alpha Boxes fueling the fire—including up to 25% extra JBOLT tokens for batch purchases. Coupled with daily price climbs in the presale, JetBolt is gaining traction amongst the next generation of cryptocurrency presales.
As JetBolt’s presale momentum builds, the buzz around this rising crypto superstar continues to ripple through crypto circles—transforming how users engage with blockchain technology and redefining what a next-gen altcoin experience can look like. The crypto world watches closely—something fresh is stirring, and JetBolt’s story is just beginning to unfold.
Final Take: XRP’s Road to $10 Amid RLUSD’s Global Growth and JetBolt’s Market Disruption
Breaking news around Ripple’s RLUSD expansion into Brazil and Europe adds fresh momentum to the ongoing XRP price prediction debate. With Ripple solidifying its stablecoin presence in key international markets, XRP’s path toward $10 is becoming an increasingly popular topic fueled by real developments and technical signal debates.
Meanwhile, JetBolt (JBOLT) continues to shock insiders with its rapidly advancing presale and zero-gas technology, creating a new wave of activity within the crypto space. JetBolt’s breakthrough technology demonstrates how emerging altcoins can coexist alongside established giants like XRP, adding layers to the evolving blockchain landscape.
As XRP pushes toward new heights, JetBolt’s rise proves the market’s hunger for next-gen tech. Together, these narratives highlight an exciting period for the crypto community as these altcoins shape the future of blockchain adoption and digital asset utility.
Dive deeper into JetBolt’s groundbreaking innovations and the electrifying presale wave by visiting:
JetBolt’s Official Website: https://jetbolt.io/
JetBolt on X: https://x.com/jetboltofficial
Disclaimer: This content is not financial advice, crypto trading guidance, or future performance guarantees. All cryptocurrencies can shift in seconds. Stay sharp, dig deep, and question everything before making moves in the volatile crypto world. The digital asset landscape changes fast—what’s true today may not be tomorrow, so navigate wisely and understand and be aware of all the risks.
Solana’s recent price actions have led market experts and traders to the edge of their seats. Despite Solana’s recent key developments, like its tokenized trading on Kraken, anticipation for the Firedancer upgrade, and the Agave 2.0 release, traders were left to revisit their Solana price predictions as the coin slips below 7.9% within the last 14 days.
Enter JetBolt (JBOLT), a fresh altcoin drawing attention with over 356 million tokens sold and more than $3.2 million in presales. Designed to deliver a low-friction crypto experience, JetBolt eliminates gas fees and offers near-instant transactions, sparking interest from crypto whales and buyers looking for next-gen technologies.
Can Solana turn its pullback around, or will SOL keep dipping? Could JetBolt surpass its recent presale volume? Let’s uncover the latest key developments surrounding these two trending altcoins.
Solana remains one of the busiest networks in the space even as its price hovers near $155. After reaching a mid-May high around $178, SOL has pulled back as traders took profits and broader market swings introduced volatility. This pullback brought on a wave of bearish Solana price predictions, with market observers monitoring how the token’s price actions will play out in the coming weeks.
Solana’s TVL over the past 14 days. Source: DefiLlama
DefiLlama’s data shows that SOL’s DeFi usage cooled, with its Total Locked Value (TVL) dropping from $7.8 billion to about $6 billion in late May. Despite the decline in locked value, some industry reports suggest that Solana’s application revenue still climbed.
Institutional interest stays strong. Kraken’s tokenized stock trading on Solana and new KYC-ready credentials underline growing real-world integration. Upcoming upgrades, such as the Agave 2.2 release and the Firedancer client, are also keeping investors interested.
Solana’s current price movements show bearish trends over the past month. Source: CoinGecko
At $156, down 1.5% over the past 24 hours, Solana has dropped more than 10% in the past week. Nevertheless, whales are accumulating around the $150 level, and SOL still shows an 8.1% gain over 30 days, signaling confidence as upgrades approach.
Still, Solana’s recent price dip has blockchain experts questioning whether any catalyst can reverse the bearish trend and help it regain momentum in the coming weeks.
JetBolt is turning heads in the altcoin world, drawing massive attention with over 356 million tokens sold and more than $3.2 million in presales. Running on Skale, JetBolt eliminates gas fees and offers near-instant finality—a rare feature that most early-stage altcoins have yet to deliver.
Thanks to the integrated JetBolt wallet, users get instant custody of their tokens, enabling holders to dive into staking or explore the ecosystem right away.
Beyond its seamless transactions, JetBolt’s AI-driven news hub displays multiple crypto headlines tagged by sentiment. JetBolt’s social staking protocol also adds a twist to traditional staking. By locking up JBOLT tokens and engaging with the platform, users unlock extra rewards.
JetBolt’s developer environment is built for ease and innovation: its ERC20-compliant tokens on an EVM-compatible Skale chain let developers integrate seamlessly. Open-source sample code and resources on the public GitHub foster collaboration, empowering creators to build everything from SocialFi dApps to GameFi experiences.
JetBolt’s Alpha Box bundles sweeten the deal, rewarding buyers with up to 25% extra tokens. Don’t miss out on these exclusive discounts!
With zero gas fees, high speed, and instant finality, JetBolt is an ideal hub for various blockchain use cases. With each new presale milestone, JetBolt cements its position as a top early-stage altcoin worth watching in 2025.
Solana’s recent pullback has traders wondering whether upcoming upgrades like Agave 2.2 and the Firedancer client can spark a rebound. Institutional moves—like Kraken’s tokenized stocks—and growing KYC integration add tailwinds, even as TVL dips.
As Solana price predictions focus on its consolidation phase, JetBolt’s presale—over $3.2 million worth of tokens sold—shows growing demand for next-gen altcoins. JetBolt’s Zero-Gas Technology and other live features set it apart from previous emerging altcoins.
Check out JetBolt’s live features and presale exclusives today by visiting jetbolt.io.
This article is not financial advice. It is not a recommendation or advice to buy or sell any cryptocurrency. Cryptocurrencies can be highly volatile, and past performance does not guarantee future results. Be aware of the risks before making a crypto-related decision.
The Ethereum price today is holding firm near $2,640, continuing its battle against a significant supply wall between $2,660 and $2,745. This level has acted as a historical rejection zone, and despite multiple breakout attempts, buyers are still struggling to close convincingly above it. On June 4, ETH managed a mild intraday gain of around 1.5%, signaling continued interest, but momentum indicators suggest a cautious tone ahead of June 5.
From a broader perspective, the weekly candle remains constructive, with Ethereum price action holding well above the 38.2% Fibonacci retracement level of $2,424. However, ETH has yet to reclaim the 50% retracement near $2,745, which would confirm a full mid-term recovery. Until then, the market remains technically biased toward consolidation beneath this zone.
Looking at the daily and 4-hour charts, Ethereum price volatility has compressed inside a symmetrical triangle, with price oscillating between $2,590 and $2,660. This narrowing range is flanked by rising support from early May and a descending resistance from the mid-May highs. ETH is currently hovering at the apex of this structure, signaling a likely breakout attempt in the next 24 hours.
The Ethereum price update also highlights how well the bulls have defended the short-term support near $2,589, which coincides with the 20 and 50 EMAs on the 4-hour chart. This base has consistently absorbed selling pressure, reinforcing its importance heading into June 5.
Meanwhile, Bollinger Bands on the 4H timeframe are tightening, a setup that typically precedes a directional expansion. Given ETH’s recent price spikes from similar structures, traders should watch for a clean breakout above $2,660 or breakdown below $2,590 as confirmation of short-term trend direction.
The answer to why Ethereum price going up today lies in the improving intraday momentum. On the 30-minute chart, the RSI has crossed above 60, and the MACD line is showing a fresh bullish crossover, indicating growing upward bias. At the same time, Stoch RSI readings have turned up again, supporting a near-term move higher.
Ichimoku signals on the 30-minute chart show ETH now trading firmly above the cloud, with flat Tenkan and Kijun lines, suggesting equilibrium before a possible breakout. This aligns with price consolidation near the triangle resistance. If ETH manages to clear this resistance zone with volume, it could spark the next leg toward $2,745.
However, failure to break above this ceiling could trigger renewed selling pressure, especially with the $2,660–$2,745 region still being actively defended by bears.
Heading into June 5, the short-term trend remains neutral-bullish. The presence of a symmetrical triangle, supported by strong horizontal demand near $2,590, keeps the structure constructive for bulls. But the lack of follow-through on previous upside attempts means traders should remain cautious.
If Ethereum price today breaks above $2,660 with confirmed volume, the next target lies at the $2,745 Fibonacci midpoint. Beyond that, a move toward $2,850–$2,880 cannot be ruled out, especially if macro conditions or broader crypto momentum turn favorable.
On the flip side, a rejection near $2,660 could lead to a drop back toward $2,480 and even $2,408, where the 200 EMA on the 4-hour chart provides dynamic support. A breakdown below this range would likely invalidate the bullish pattern and open the door for a deeper retracement.
ETH Technical Forecast Table: June 5
Indicator/Zone | Level (USD) | Signal |
Resistance 1 | 2,660 | Overhead resistance zone |
Resistance 2 | 2,745 | Fib 0.5 & supply zone |
Support 1 | 2,590 | Near-term support |
Support 2 | 2,480 | Breakdown trigger |
200 EMA (4H) | 2,408 | Strong dynamic support |
RSI (30-min) | 60.16 | Mildly bullish |
MACD (30-min) | Bullish crossover | Momentum rising |
Bollinger Band Width | Tight Range | Volatility expansion likely |
Ichimoku Cloud | Above Cloud | Bullish trend confirmation |
Stoch RSI (30-min) | 61.03 | Mildly overbought |
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.