Technical Structure Signals Approaching Upside XRP may be on the verge of a major breakout, according to fresh technical analysis from a top market expert. The asset has been trading within a downward-sloping resistance trendline since early 2024, creating a tight consolidation range. With price action now coiling toward a potential breakout point, analysts suggest that the bullish scenario is gaining traction. A daily close above $2.22 for three consecutive sessions is highlighted as the key trigger for a breakout. If this condition is met, targets at $2.36, $2.65, and $3.10 are expected to be the next short-term resistance levels.…
Author: Blockto Team
Digital Asset Holders Become Prime Targets A growing wave of violent attacks has forced cryptocurrency holders to rethink their security. One notable example is the “Bitcoin Family,” who gained fame after investing their entire savings into Bitcoin in 2017. Following a surge in kidnappings, extortion, and armed robberies, the family has overhauled its crypto security protocol to reduce risks. Private Keys Now Split Across Four Continents To secure their assets, the family encrypted and divided their Bitcoin seed phrase into four parts, stored separately across four continents. These parts are etched onto fireproof metal plates and placed in physical locations,…
SUI Finds Support Near $2.8 Amid Downtrend SUI has experienced a 17.18% decline over the past month, with bearish sentiment dominating most of May and early June. However, recent price movement suggests a possible market reversal. The altcoin found local support between $2.8 and $3.0, forming the base for a potential bullish breakout. This consolidation area aligns with key support levels previously observed on the daily chart, indicating weakening bearish momentum and preparing the market for a reversal. Bullish Descending Wedge Pattern Emerges A descending wedge pattern has been identified on the daily timeframe, a technical indicator commonly associated with…
600-Day Support Holds Strong as Dogecoin Eyes Bullish Reversal Dogecoin price has maintained a rising support trendline for over 600 days, signaling a long-term bullish structure. This technical level has been tested multiple times since early 2023, holding firm during corrective phases and often triggering upward moves. As of early June 2025, Dogecoin remains near this key trendline, leading analysts to consider whether another rally may be on the horizon. DOGE’s 3-Month Pump, 5-Month Pullback Pattern Historical price action reveals a recurring cycle where Dogecoin experiences a 3-month pump followed by a 5-month pullback. This pattern has appeared twice since…
Record-Breaking Market Performance Sets Stage for Innovation Dubai’s real estate market hit a major milestone in May, with property sales reaching $18.2 billion across 18,700 transactions, reflecting growing investor confidence and readiness for digital innovation. The figures, released by Property Finder, show a 44% year-over-year increase in transaction value and a 6% rise in volume, making May 2025 one of the city’s most active months for property deals. Primary sales skyrocketed 314% in value compared to May 2024, while secondary sales increased by 21%, indicating strong performance across both new and resale property segments. Tokenization Gains Ground in Dubai’s Booming…
Tether Rejects Public Listing Despite Rivals Going Public Tether’s CEO has made it clear: the company has no plans to go public, even as competitors like Circle have taken that step. On June 7, just two days after Circle’s debut on the New York Stock Exchange (NYSE), Tether CEO Paolo Ardoino stated, “No need to go public,” signaling confidence in Tether’s current position and future strategy. Circle’s shares soared 167% on their first day of trading, putting pressure on other stablecoin issuers to consider IPOs. But Tether is choosing a different path. $515B Valuation Considered “Bearish” by Tether’s CEO A…
ETH Price Rebounds Amid Renewed Market Interest After falling sharply from $4,000 to $1,500 last year, Ethereum (ETH) is showing signs of a strong recovery. Currently trading near a key breakout level, ETH is attracting renewed attention due to potential exchange-traded fund (ETF) inflows and improved investor sentiment. Recent price action places ETH near the apex of a large symmetrical triangle, a technical setup that often precedes significant movement. Analysts suggest that a breakout above resistance could target $3,000, while a failure may pull the price closer to $2,000. Shift in Market Sentiment from Bearish to Neutral According to recent…
SEC Moves Boost XRP Market Sentiment The U.S. Securities and Exchange Commission (SEC) has authorized the inclusion of XRP, SOL, ADA, and XLM in the Nasdaq Crypto US Settlement Price Index, triggering renewed bullish sentiment across the altcoin market. This move is seen as a signal of strong liquidity and accurate pricing, addressing one of the major concerns regulators have expressed regarding spot crypto ETFs. XRP’s inclusion removes a significant hurdle for potential ETF approval, and market participants view this as a step toward broader institutional access to altcoins. ETF Advocates Push for Regulatory Fairness Investment firms including VanEck, 21Shares,…
Double Bottom Signals Strengthening Momentum Solana (SOL) has shown a strong rebound, recovering from recent losses and climbing back above $151. After touching a low of $147.13, the asset gained nearly 4% intraday, forming a bullish double bottom pattern. This technical setup, combined with rising volume, indicates renewed buyer confidence even amid global macroeconomic concerns. The double bottom formation near $147.50 was confirmed on the 6-hour chart, supporting a possible trend reversal. The move back into a short-term bullish channel reinforces the outlook for a continued uptrend, provided price holds above near-term support. On-Chain Metrics Show Spike in Activity A…
Community Divided on Transaction Relay Policy A joint statement from 31 Bitcoin Core developers, published on June 6, has triggered a heated debate across the Bitcoin community. The statement addressed Bitcoin’s transaction relay policy, particularly in light of the ongoing OP_Return controversy surrounding non-financial use cases of the blockchain. “Bitcoin can and will be used for use cases not everyone agrees on,” the statement noted, reaffirming Bitcoin’s censorship-resistant nature. Developers Call for Neutrality The developers emphasized a hands-off approach, stating they are “not in a position” to mandate how Bitcoin should be used. Instead, they affirmed that Bitcoin is a…