• Standard Chartered forecasts Bitcoin will surge 25% to reach $135,000 by end of Q3 2025
• Bank believes Bitcoin has broken free from traditional post-halving price decline patterns
• ETF inflows and corporate treasury buying totaled 245,000 BTC in Q2 alone
• Technical analysis shows Bitcoin approaching breakout zone near $116,000 resistance
• Long-term projections target $200,000 by year-end and $500,000 by 2028

Bitcoin trades around $108,000 as analysts debate whether the cryptocurrency can break through key resistance levels. Standard Chartered released a bullish forecast predicting Bitcoin will jump 25% to reach $135,000 by the end of the third quarter.

The British bank’s digital asset research head Geoff Kendrick argues Bitcoin has moved beyond historical post-halving price patterns. Traditional cycles would suggest price declines 18 months after halving events, but Kendrick believes this time is different.

“Thanks to increased investor flows, we believe BTC has moved beyond the previous dynamic whereby prices fell 18 months after a ‘halving’ cycle,” Kendrick stated in the bank’s research report.

The most recent Bitcoin halving occurred in April 2024. Previous halvings in 2016 and 2020 led to price corrections roughly 18 months later. However, Standard Chartered points to two factors that weren’t present during earlier cycles.

Institutional demand through exchange-traded funds represents the first major change. Bitcoin ETF flows and corporate treasury buying totaled 245,000 BTC in the second quarter alone. The bank expects this level to be exceeded in both Q3 and Q4.

Corporate bitcoin purchases for treasury purposes mark the second shift in market dynamics. Companies now view Bitcoin as a treasury asset rather than just a speculative investment.

Technical Breakout Zone Approaches

Bitcoin currently faces resistance near $110,000 after consolidating around the $108,000 level. Technical analysts have identified $116,000 as the key breakout zone that could trigger the next major rally.

Crypto strategist Javon Marks projects that breaking above $116,000 could send Bitcoin toward $165,745. This would represent a 52.5% gain from current price levels.

$116,000+ is still in play for Bitcoin!

Above $116,652 and we are looking at $165,745 coming in…$BTC https://t.co/pxceXlN1Yd pic.twitter.com/jwCCe8D00V

— JAVON⚡️MARKS (@JavonTM1) July 5, 2025

The cryptocurrency shows technical strength with positive MACD readings and RSI at 55, indicating room for upward movement. Bitcoin’s 7-day moving average sits at $107,870, while the 30-day average is $106,177.

A bull flag pattern on hourly charts supports the bullish outlook. Breaking above $111,980 could invalidate current consolidation and push Bitcoin into the $120,000-$145,000 range.

Mixed Signals from ETF Activity

Recent ETF flows present a mixed picture for Bitcoin’s near-term outlook. US spot Bitcoin ETFs posted $342.3 million in outflows last Tuesday, marking their first outflows since June 6.

This reversal ended a 15-day streak that brought $4.8 billion in inflows. The outflows represented 7% of the total inflows seen during the previous two-week period.

Despite recent outflows, Standard Chartered maintains that institutional demand remains the key driver. The bank acknowledges prices could be “somewhat choppy” in late Q3 and early Q4 due to historical correction concerns.

Total Bitcoin ETF assets under management have surpassed $49 billion since launch. The SEC has approved rule amendments for greater ETF exposure, potentially boosting institutional adoption.

On-chain data shows over $8 billion worth of inactive Bitcoin moved recently. Analysis revealed this represented long-term holder redistribution rather than selling pressure, helping settle market sentiment.

Eight dormant Bitcoin wallets moved 80,009 BTC, representing 0.6% of circulating supply. These wallets were part of a group holding 1% of all Bitcoin mined in 2010-2011.

Whale activity suggests large holders are positioning for potential price moves. While volatility remains contained, behind-the-scenes activity hints at preparation for bigger movements.

Not all analysts share Standard Chartered’s aggressive timeline. Kirill Kretov from CoinPanel expressed caution about near-term projections above $135,000.

“While Bitcoin reaching $135K or even $200K by year-end is possible, especially in a thin, sentiment-driven market, I would remain cautious about taking such projections at face value,” Kretov stated.

His on-chain research shows larger players actively accumulating Bitcoin in the $100,000-$110,000 range. Liquidity continues being withdrawn from actively transacting wallets, suggesting a structured accumulation phase.

Paul Howard from Wincent offered measured optimism about Standard Chartered’s forecast. “To date, Geoff has consistently delivered more accurate price predictions than not,” Howard noted.

However, Howard expressed skepticism about the $200,000 year-end target. “I will be surprised if prices touch $200k given this would arguably need around $1Tn additional market cap.”

Other major institutions have released their own Bitcoin forecasts. VanEck expects a “dual-peak cycle” with Bitcoin potentially hitting $180,000 in the first half of 2025.

4 top signals in Bitcoin’s history. Each corresponded to a top. Nowhere near one. https://t.co/4hIYrSm1Ob pic.twitter.com/rWARvTdU0c

— Julien Bittel, CFA (@BittelJulien) July 4, 2025

The Finder.com expert panel, surveying over 50 cryptocurrency analysts, produced an average forecast of $161,000 for Bitcoin by end of 2025. ARK Invest maintains a base case of $1.2 million by 2030.

Standard Chartered’s forecast extends beyond 2025, targeting $500,000 by 2028. The bank views Bitcoin’s institutional adoption trajectory as fundamentally altering market dynamics and rendering historical patterns obsolete.

The post Bitcoin (BTC) Price: Standard Chartered Predicts 25% Rally to $135K This Quarter appeared first on CoinCentral.

• TRON (TRX) is trading at $0.2841-$0.2886, up 3.05% weekly with daily gains of 0.27-2%
• The network has processed over 13 billion transactions with daily volume averaging 8 million transactions
• Technical indicators show bullish momentum with TRX trading above major moving averages and RSI at 63
• Short-term resistance sits at $0.29-$0.30 with potential targets of $0.31 and $0.45 by year-end
• 2025 price predictions range widely from $0.226 to $0.62 across different analysis platforms

TRON is trading at $0.2841 to $0.2886 across exchanges, marking daily gains between 0.27% and 2%. The cryptocurrency has posted a 3.05% increase over the past week.

Trading volume shows mixed signals. Daily trading volume reached $343.98 million, down 22.99% from the previous day. However, derivative activity increased with open interest rising 2% and trading volume surging 29%.

The network has achieved a major milestone by processing over 13 billion total transactions. Daily transaction counts now average more than 8 million, according to CryptoQuant contributor Darkost.

Much of this transaction volume comes from Tether (USDT) transfers. TRON has become a practical payment system for users in countries with volatile currencies or limited banking access.

In Argentina, people use stablecoins on TRON to purchase household goods. The network serves as a payment rail between Asia and Latin America for stablecoin transfers.

Technical Analysis Shows Bullish Momentum

TRX is trading above all major moving averages, including the 10-, 20-, 50-, and 200-day periods. The price is moving along the upper Bollinger Band, which indicates rising momentum when supported by volume.

The relative strength index (RSI) sits at 63, showing bullish conditions without reaching overbought territory. The MACD indicator displays an upward-pointing signal line with continued positive momentum.

Technical analysts identify strong support levels at $0.25 and $0.22. The 200-day Simple Moving Average provides reinforcement near the $0.25 level.

Short-term resistance appears at $0.29 to $0.30. If TRX breaks through this level, the next target sits around $0.31, which was last tested in mid-June.

Price Predictions Vary Widely for 2025

CoinCodeCap Trading sees potential for TRX to reach $0.45 by year-end 2025. They recommend buying near $0.25 support levels and setting stop-losses below $0.25 to manage risk.

🚨 $TRX Setup – Strong Uptrend

Still one of the few altcoins in Channel Up 📈
Ideal buy zone: $0.25 + 200 SMA
▪️ Near-term target: $0.30 (+20%)
▪️ Long-term target: $0.45 (by end 2025)
🛑 Stop below $0.25
—
📊 Key Levels
▪️ Support: $0.25 → $0.22
▪️ Resistance: $0.30 → $0.45… pic.twitter.com/UOIDY80XF0

— CoinCodeCap Trading (@c3_trading) July 5, 2025

DigitalCoinPrice presents a bullish outlook, predicting TRX could surpass $0.62 by the end of 2025. This forecast assumes continued positive market sentiment and investor inflows.

Changelly offers a more conservative view. Their technical analysis suggests a 2025 maximum of $0.266, which would represent a -6.4% return from current levels.

For July 2025 specifically, Changelly anticipates an average price of $0.294. This would provide a short-term return of 7.7% from current trading levels.

The wide range of predictions reflects different approaches to technical analysis and market sentiment assessment. Forecasts span from $0.226 to $0.62 for 2025.

If TRX fails to hold above the 20-day moving average, traders expect a retest of support near $0.2770. Volume continues to support the current upward trend, reducing the likelihood of a false breakout.

The cryptocurrency maintains its position above key technical levels while transaction activity on the network continues to grow at a steady pace.

The post TRON (TRX) Price Surges as Network Hits 13 Billion Transactions appeared first on CoinCentral.

• Cardano has recovered from $0.5650 support zone and broken above key bearish trend line
• ADA is trading above $0.5750 and 100-hourly moving average after months of decline
• Technical analysis shows bullish divergence suggesting seller exhaustion above $0.57
• Price targets of $0.67-$0.70 if current support levels hold
• Critical support at $0.53-$0.5650 must hold to avoid further downside

Cardano has started a fresh increase from the $0.5650 support zone after months of bearish pressure. The altcoin crashed over 50% from its March highs above $1.00 as sellers maintained control of the price action.

The cryptocurrency had been trapped inside a descending triangle pattern for several months. This technical formation kept the price suppressed as bulls struggled to break free from the bearish structure.

ADA is now trading above $0.5750 and the 100-hourly simple moving average. The price has also cleared the 50% Fibonacci retracement level of the recent downward move from $0.6107 to $0.5630.

Bulls managed to push the price above key resistance levels at $0.5750 and $0.5800. This move came after ADA found support at the $0.5650 zone and began showing signs of recovery.

The hourly chart shows a break above a bearish trend line with resistance at $0.5760. This technical development suggests the descending triangle pattern may be weakening.

Technical Indicators Turn Positive

The MACD indicator is gaining momentum in the bullish zone on the hourly timeframe. The RSI has also moved above the 50 level, indicating positive momentum.

Technical analysis reveals bullish divergence on the chart. This pattern typically indicates seller exhaustion and suggests buyers are starting to gain strength.

The mounting support above $0.57 has held firm despite previous selling pressure. Bulls have defended this level as a critical support zone for the cryptocurrency.

Price Targets and Resistance Levels

The immediate resistance level sits near $0.5925, close to the 61.8% Fibonacci retracement level. A break above this zone could open the door for further upside movement.

The next key resistance level is located at $0.60, followed by $0.620. A close above $0.620 could trigger a stronger rally toward higher price targets.

Conservative price targets for ADA range from $0.67 to $0.70 if the current support levels continue to hold. These levels would represent the bulls taking back control of the price action.

If the rally continues beyond initial targets, the price could potentially reach $0.650 and $0.6650 in the near term. These levels would mark a substantial recovery from recent lows.

Downside Risks Remain

The bullish scenario has an invalidation level at $0.53 support. This level has already proven to be a strong support point for Cardano in previous testing.

If ADA fails to climb above the $0.5920 resistance level, another decline could begin. Immediate support on the downside sits near $0.5850 and the 100-hourly moving average.

A break below $0.5650 could open the doors for a test of $0.5450. The next major support level is located near $0.5320 where bulls might emerge to defend the price.

Loss of the $0.53 support would invalidate the current bullish setup. It would signal a continuation of trading inside the descending triangle with lower price targets.

The current technical setup shows ADA trading above key moving averages with positive momentum indicators. The cryptocurrency is attempting to break free from months of bearish pressure with support holding above $0.5650.

The post Cardano (ADA) Price: Sellers Run Out of Steam as Bulls Take Control appeared first on CoinCentral.

• Ethereum price successfully broke above $2,500 resistance and is now testing this level as support
• Daily transactions on Ethereum network are approaching all-time highs without corresponding gas fee spikes
• Bitcoin dominance has reversed from 58% peak, historically indicating potential altcoin rotation
• ETH is trading above $2,550 with next resistance targets at $2,600 and $2,650 levels
• Institutional accumulation continues with recent large withdrawals and acquisitions totaling hundreds of millions

Ethereum price has entered a fresh upward trend after breaking above the critical $2,500 resistance level. The second-largest cryptocurrency by market capitalization is now attempting to establish this price point as a new support base.

The $2,500 level has acted as a major resistance barrier for most of the recent quarter. Multiple bullish attempts were previously rejected at this price point. The recent breakout represents a shift in market structure for ETH.

Current price action shows Ethereum trading above $2,565 and the 100-hourly Simple Moving Average. The bulls managed to push the price above the 50% Fibonacci retracement level of the recent decline from $2,636 to $2,475.

Technical analysis indicates a break above a key bearish trend line with resistance at $2,520 on the hourly chart. This breakout has opened the door for further upward movement in the near term.

Network Activity Reaches New Heights

Ethereum’s on-chain activity is approaching historical peaks with daily transactions nearing 1.5 million per day. This figure is close to the all-time high achieved in 2021. The increase in network usage has not been accompanied by a surge in gas fees.

The sustained transaction volume indicates genuine user demand rather than speculative trading activity. The growth appears driven by consistent decentralized application usage and expanding developer adoption.

DeFi protocols, NFT marketplaces, and layer-2 solutions continue to drive network utilization. This organic growth pattern differs from previous periods of speculative mania that typically coincided with elevated gas costs.

Market Structure Shifts Favor Altcoins

Bitcoin dominance has reversed from its recent peak at approximately 58%. This level has historically marked cycle tops, with 2019 serving as a previous example. Reversals from such levels often precede capital rotation into altcoins.

The decline in Bitcoin dominance mirrors patterns that preceded previous altcoin rallies. Ethereum, as the leading altcoin by market capitalization and network usage, typically benefits from such rotations.

If Bitcoin dominance continues to decline, Ethereum’s relative strength may increase as investor focus shifts away from Bitcoin-led momentum. This scenario could support higher prices for ETH and other altcoins.

Chart analysis by Ted Pillows identifies the next structured resistance zone between $2,800 and $2,880. This area has previously stopped gains and marked final tops before wider reversals.

$ETH looking good flipping $2,500 resistance into support.

I think it's time Ethereum visits the range-high this week. pic.twitter.com/pb8e8nLlNe

— Ted (@TedPillows) July 7, 2025

On the immediate upside, Ethereum faces resistance near $2,600, which aligns with the 76.4% Fibonacci retracement level. A break above this level could target the $2,620 and $2,650 resistance zones.

A clear move above $2,650 might send the price toward $2,720 resistance. Further upside breaks could lead to tests of $2,750 or even $2,800 in the near term.

Downside support levels include $2,550 as initial support, followed by the key $2,520 zone. A break below $2,520 could push the price back toward $2,500 support.

Institutional interest remains strong with recent large-scale movements. Data shows an $80 million withdrawal on Matrixport and a $517 million acquisition by SharpLink Gaming. On-chain data from CryptoQuant indicates record-breaking accumulation and staking activity in June.

The combination of network growth, declining Bitcoin dominance, and institutional accumulation creates conditions that have historically preceded altcoin rallies. Technical indicators including the hourly MACD and RSI support the current bullish momentum with both showing positive readings.

The post Ethereum (ETH) Price: Fresh Breakout Above $2,500 Sets Stage for Potential Rally appeared first on CoinCentral.

• Solana price formed a double bottom at $141.84 and bounced from $125.99 low, showing bullish reversal signals
• Large cup-and-handle pattern on high timeframe charts targets $260-$300 range upon breakout above $175
• Inverse head and shoulders pattern developing with neckline resistance near $168.49
• SOL mirrors Bitcoin’s 2024 price structure with similar liquidity grab and recovery patterns
• Strong on-chain metrics show Solana leading tokenized asset volume and DApp revenues at $562 million in Q2 2025

Solana price is showing multiple bullish technical patterns that could signal a breakout above key resistance levels. The cryptocurrency has been building momentum after forming several reversal patterns on different timeframes.

The most recent price action saw SOL rebound sharply from a major low of $125.99. This bounce created a double bottom formation around $141.84, which provided strong support for the cryptocurrency. The double bottom pattern suggests that bears failed to push prices lower after two attempts.

On July 4, Solana was trading around $151 after posting short-term gains. The price has added 6% over the past seven days and reached a high of $153. Trading volume has increased to $3.96 billion over 24 hours as buyers show renewed interest.

Analyst Ali Martinez identified a large cup-and-handle pattern spanning multiple months on high timeframe charts. This pattern began with a rounded bottom formed between late 2022 and mid-2023. The right side of the cup developed as buyers regained control of the market.

If this market is gearing up for a second leg up, Solana $SOL could benefit BIG TIME! pic.twitter.com/qIno9wTuQk

— Ali (@ali_charts) July 3, 2025

The handle segment of the pattern is nearing completion within a tight descending channel. Martinez noted that the neckline of this pattern lies in the $160 to $175 range. Solana is currently consolidating just below this resistance area.

Cup and Handle Pattern Targets Higher Levels

If SOL closes above the neckline with volume confirmation, the setup could trigger the next upward move. Martinez estimated that a confirmed breakout could send SOL toward the $260 to $300 region. This target is based on the depth of the cup formation.

Historical patterns show that similar cup-and-handle breakouts have preceded strong rallies in the past. The current formation is symmetric and aligns with typical bullish continuation phases. Volume confirmation will be key to validating any breakout attempt.

BitGuru highlighted additional reversal patterns on lower timeframes. An inverse head and shoulders pattern is forming above the double bottom, with a neckline just under $155. The presence of these two reversal signals supports further upside potential.

$SOL is showing a textbook higher-low formation after a healthy pullback from $159.99. Price is now stabilizing above key short-term support near $149.

With momentum building and strong 4H structure, this looks like a fresh long opportunity.#Solana #Tradingview pic.twitter.com/eQdwveMH6R

— BitGuru 🔶 (@bitgu_ru) July 4, 2025

The inverse head and shoulders pattern reinforces the idea of a local trend reversal. The pattern shows that market structure has shifted since the $125.99 low was formed. SOL has printed higher lows and attempted to stay above $150.

Price Mirrors Bitcoin’s 2024 Setup

Analyst Mister Crypto noted that Solana’s price fractal mirrors Bitcoin’s 2024 pattern. The comparison shows a nearly identical structure with a liquidity grab, double top rejection, and sharp recovery. The recent sweep below $120 appears to be a classic shakeout move rather than a genuine breakdown.

This type of liquidity trap often marks the end of accumulation phases, especially when followed by strong reclaims. If this fractal continues to hold, Solana could target the $200 to $280 zone in the coming weeks.

$SOL/usdt DAILY$SOL retesting its recent channel breakout, the previous diagonal resistance trendline has now turned into support pic.twitter.com/1t7uL2CuIu

— Satoshi Flipper (@SatoshiFlipper) July 5, 2025

Solana is now retesting the top of its recently broken descending channel. The previous resistance line is flipping into potential support around $145. This area coincides with the mid-range of its previous consolidation band.

The pullback doesn’t appear impulsive, suggesting it could be a healthy retest rather than the start of a deeper correction. If SOL maintains strength above the $142 to $145 zone, the next upside target is $190.

Solana’s recovery has been supported by strong on-chain metrics. The cryptocurrency’s drawdown from all-time highs has narrowed to around -44% from a peak of nearly 95%. This shows steady progress out of the previous bear market phase.

On-chain data reveals that Solana has surpassed other chains in tokenized asset spot volume. Solana DApps generated $562 million in revenue during Q2 2025, more than Ethereum, BNB Chain, and Base combined. This marks five consecutive quarters of outperformance.

The $160 to $175 area remains the most critical resistance range for Solana. Both the cup-and-handle and inverse head-and-shoulders patterns converge around this zone. A break above $175 with strong momentum could open the path for a rally to $260 or $300.

Failure to close above $175 may lead to renewed selling pressure. A breakdown from the $148 support area could send SOL back toward $141.84 or the $125.99 low. The short-term direction will be defined by price action in this consolidation zone.

The post Solana (SOL) Price: Primed for Breakout as Bullish Patterns Converge appeared first on CoinCentral.

• Metaplanet acquired 2,205 additional Bitcoin, bringing total holdings to 15,555 BTC worth approximately $1.54 billion
• The purchase was made at an average price of $108,237 per Bitcoin, totaling $238.7 million
• Company reported a BTC Yield of 95.6% for Q2 2025, following 309.8% in the previous quarter
• Metaplanet now ranks as the 5th largest corporate Bitcoin holder, surpassing Galaxy Digital and CleanSpark
• Stock price rebounded 0.45% to 1,552 yen on Monday, with shares up 346% year-to-date

Japan-based Metaplanet has acquired an additional 2,205 Bitcoin as part of its ongoing Bitcoin Treasury strategy. The purchase brings the company’s total Bitcoin holdings to 15,555 BTC, valued at approximately $1.54 billion at current prices.

*Metaplanet Acquires Additional 2,205 $BTC, Total Holdings Reach 15,555 BTC* pic.twitter.com/VqKGOwCs6N

— Metaplanet Inc. (@Metaplanet_JP) July 7, 2025

The latest acquisition was completed at an average price of $108,237 per Bitcoin. This represents a total investment of $238.7 million for the quarter’s purchase. The company’s aggregate Bitcoin investment now stands at $1.54 billion, with a blended average purchase price of $99,307 per BTC.

Metaplanet uses a custom metric called BTC Yield to measure shareholder value relative to share dilution. For the quarter ending June 30, the company reported a BTC Yield of 95.6%. This follows a 309.8% yield in the previous quarter.

The BTC Yield metric reflects the percentage change in Bitcoin holdings per fully diluted share. It isolates the effect of treasury actions on shareholder value. The company also tracks BTC Gain and BTC Yen Gain to provide investors with clearer performance metrics.

CEO Simon Gerovich confirmed the company’s commitment to continued Bitcoin accumulation. He stated that Metaplanet would never stop stacking Bitcoin as part of its high-yield acquisition strategy. The CEO celebrated the recent purchase as part of efforts to generate value for shareholders.

🌍 Shareholder update: As of the end of June, Metaplanet now has 128,073 shareholders—more than doubling in just 3 months.

Thank you to everyone who’s joined us on this journey. We’re deeply grateful for your belief in our mission. Where do we go from here? 🚀 pic.twitter.com/ZyvQe7ZIiH

— Simon Gerovich (@gerovich) July 3, 2025

The latest purchase pushes Metaplanet’s ranking among corporate Bitcoin holders. The company now holds the 5th position, surpassing Galaxy Digital and CleanSpark. Metaplanet is approaching Riot Platform’s Bitcoin holdings and aims to reach the 4th position.

Corporate Bitcoin Strategy Expansion

Metaplanet recently revised its Bitcoin acquisition targets under the Accelerated 2025-2027 Bitcoin Plan. The company aims to hold 30,000 BTC by the end of 2025. By 2026, the target increases to 100,000 BTC, with a final goal of 210,000 BTC by 2027.

The company approved the 19th Series of ordinary bonds to EVO FUND to support these acquisitions. Metaplanet decided to proceed with the buyback and cancellation of the 3rd series of bond offerings. The remaining funds from these financial operations will be used to purchase more Bitcoin.

Stock Performance and Shareholder Growth

Metaplanet’s stock price has shown strong performance despite recent volatility. The stock closed 0.45% higher at 1,552 yen on Monday. Trading ranged between 1,480 and 1,604 yen during the session.

The company’s shareholder base has expanded rapidly. CEO Gerovich reported that shareholders doubled to 128,073 in just three months. This growth reflects increased investor confidence in the company’s Bitcoin strategy.

Monthly performance shows the stock has rallied nearly 16% over the past month. Year-to-date performance stands at 346%, making it one of the top-performing stocks in the Japanese market.

The stock initially faltered after the company announced plans to raise $5.4 billion for Bitcoin purchases. However, recent shareholder inflows have supported a price rebound. The company’s Bitcoin-focused strategy continues to attract investor interest.

The post Metaplanet’s Bitcoin Buying Spree Continues with $238M Purchase appeared first on CoinCentral.

• Dogecoin surged 5% to $0.171 following Elon Musk’s America Party announcement
• Trading volume exceeded 1.1 billion with whale wallets accumulating DOGE
• Price broke multi-month downtrend and established support at $0.166
• Analysts target $0.20333, $0.22899, and $0.25383 for potential upside
• DOGE retesting key descending trendline with historical patterns suggesting major breakout potential

Dogecoin price jumped more than 5% in the last 24 hours, climbing from $0.163 to $0.171. The rally came after Elon Musk announced the launch of his America Party over the weekend.

The breakout was supported by over 1.1 billion in trading volume. Strong support formed at $0.166 during the move higher.

Whale wallets accumulated DOGE aggressively during the price surge. Smaller holders exited their positions, creating a shift in ownership patterns.

Musk’s America Party announcement included pro-Bitcoin language and criticism of Donald Trump’s financial policies. While no formal mention of Dogecoin was made, speculation grew about DOGE’s potential role in the new political movement.

The Tesla CEO has previously integrated Dogecoin into Tesla and X products. This history has fueled expectations that the token may serve a purpose in his political vision.

Technical Breakout Confirms Bullish Structure

DOGE broke through a multi-month bear trend and held above the $0.16 level. This price point had acted as resistance throughout the second quarter.

Market analyst Ledger Bull identified three upside targets at $0.20333, $0.22899, and $0.25383. These levels represent potential reaction zones if bullish momentum continues.

The move above $0.16 followed weeks of constrained progress due to a prolonged downtrend. Initial volume supported the breakout, followed by a consolidation phase.

A firm close above $0.20333 would validate the shift in market structure. This would open the door for DOGE to test higher targets mapped by analysts.

Retest of Key Trendline Shows Strength

Trader Tardigrade noted that Dogecoin was retesting a long-term descending trendline on the 4-hour chart. This line formed from lower highs between late May and mid-June.

The trendline had previously acted as a ceiling for every rally attempt. DOGE pulled back to this line after breaking through it this week.

The retest occurred around $0.158 to $0.162. A firm bounce from this level would show bulls defending the new support area.

A higher low combined with increased volume on the resulting upward move would confirm the trend reversal. This setup could lead DOGE back toward $0.20.

Dogecoin $DOGE Update…

If you're bullish on $DOGE, this is not a bad place to start building a position… pic.twitter.com/mPuUF94txB

— Trader Edge (@Pro_Trader_Edge) July 6, 2025

Analyst GalaxyBTC identified a longer-term repeating pattern similar to 2015-2017. During that period, DOGE followed a three-wave accumulation pattern before a major uptrend.

The current weekly timeframe shows a similar sequence supported by a rising trendline. The third wave appears to be completing, matching the historical setup.

Recent analysis showed DOGE reinforcing its base with strong trendline and horizontal support at $0.159. The second weekly touch of the long-term ascending trendline aligns with historical bullish reversals.

Analysts expect a push toward $0.25 and potentially $1 if momentum continues. Rising trading volume supports this outlook.

The price action comes as President Trump’s July 9 tariff deadline approaches. This has contributed to volatility across crypto and equity markets.

On-chain data from IntoTheBlock shows whale wallets holding 1M-100M DOGE increased their positions. Retail positions declined during the same period.

The post Dogecoin (DOGE) Price: Surges 5% Following Elon Musk’s America Party Launch appeared first on CoinCentral.

• XRP gained 2.36% breaking above $2.28 resistance with trading volume exceeding 67 million
• Ripple applied for a national bank charter with the U.S. Office of the Comptroller of the Currency on July 2
• Technical analysis shows completion of a multi-year symmetrical triangle pattern
• Analysts predict parabolic price movement with targets ranging from $21.5 to above $80
• Next resistance levels sit at $2.29-$2.30 with support established at $2.24-$2.25

XRP has broken through the critical $2.28 resistance level with a 2.36% gain over the past 24 hours. The token moved from $2.21 to $2.26 during the trading period.

The breakout occurred on July 7th with peak hourly trading volume exceeding 67 million. This volume surge confirms strong buyer interest at current price levels.

Ripple Labs filed an application for a national bank charter with the U.S. Office of the Comptroller of the Currency on July 2nd. This regulatory move has boosted investor confidence in XRP’s long-term prospects.

If approved, the license would allow Ripple to operate as a federally regulated trust bank. This would mark a major step toward integrating cryptocurrency with traditional banking systems.

The most aggressive price movement occurred at 10:00 when volume spiked and XRP surged through the $2.28 level. Support has been established at the $2.24-$2.25 range where buyers absorbed selling pressure.

In the final hour of trading, XRP climbed another 2.29% breaking $2.26 resistance. The token closed at $2.27 with a local high set at the same level.

Technical Pattern Completion

Market analyst Crypto Michael has identified the completion of a large symmetrical triangle pattern on XRP’s long-term chart. This pattern formed from 2017 to 2025 showing prolonged price compression.

The next XRP leg up will be extremely parabolic.

Slowly, slowly, then all at once..

Consolidation is complete.

Launch is imminent. https://t.co/D4dWE6powa pic.twitter.com/cXQLXxhZY5

— Crypto Michael (@MichaelXBT) July 3, 2025

The triangle pattern culminated in a decisive breakout in 2025. Technical indicators now show XRP entering a buildup phase ahead of the next major price movement.

The consolidation period was necessary to accumulate buying pressure and position XRP for a shift out of its downtrend. The analyst expects the breakout from the symmetrical triangle to continue.

Once XRP crosses the upper boundary of the triangle, sustained movement above key resistance levels could signal further bullish momentum. The current price of $2.27 sits near these critical levels.

Analyst Price Projections

Crypto analyst CW has presented a multi-cycle chart suggesting XRP is in the final stages of long-term consolidation. The analysis shows a six-month accumulation period similar to previous market cycles.

$XRP is gathering energy to break through ATH. This process has been going on for 6 months.

This is also confirmed in the last convergence. After breaking through convergence, it hit resistance at ATH.

Then, after a while, it broke through ATH and showed a huge rise.

If $XRP… pic.twitter.com/YkdHvRHlEE

— CW (@CW8900) July 5, 2025

This accumulation phase appears to be forming a converging triangle pattern. Historically, this formation precedes major upward price movements in cryptocurrency markets.

The first target sits at the previous all-time high level above $3.80. A second target is identified around $21.50 based on the technical pattern.

The final target represents a parabolic surge beyond $80 according to the analyst’s phase 5 projection. These targets are based on historical pattern analysis and cycle theory.

Current key resistance lies at $2.29-$2.30 with upside targets between $2.60 and $3.40. These levels would need to be broken for the larger price targets to become viable.

The banking charter application comes amid growing anticipation for a U.S.-based XRP spot ETF. Ripple’s potential Fed master account access could position the token for institutional adoption.

XRP is currently trading at $2.27 with the next resistance test expected at the $2.29-$2.30 range.

The post XRP (XRP) Price: Explosive Breakout as Ripple’s Banking Charter Ignites Rally appeared first on CoinCentral.

• Toncoin fell 6% after UAE regulators denied claims that staking $100,000 worth of TON could secure a golden visa
• The Open Network falsely claimed TON staking would make applicants eligible for UAE’s 10-year golden visa program
• Emirates News Agency released joint statement from three regulatory bodies refuting the crypto staking connection
• TON initially surged 10% to $3.03 before retreating to $2.84 following the denial
• Technical analysis suggests further downside potential with support levels at $2.60, $2.38, and $2.02

Toncoin experienced a sharp reversal on July 7 after United Arab Emirates authorities denied claims linking the cryptocurrency to the country’s golden visa program. The native token of The Open Network fell 6% from its 24-hour high of $3.05 to around $2.84.

The controversy began when The Open Network announced that individuals who staked $100,000 worth of TON for three years and paid a $35,000 processing fee would become eligible for the UAE’s golden visa. This claim initially sent TON surging 10% to $3.03 on Sunday.

Telegram CEO Pavel Durov added fuel to the speculation by reposting the announcement on X, though he made no official comment. The repost from the prominent figure lent apparent credibility to the claim and contributed to the initial price surge.

BREAKING:

🇦🇪 TON HAS JUST PARTNERED WITH UAE TO OFFER 10 YEAR GOLDEN VISA TO TON STAKERS.

– STAKE $100,000 $TON FOR 3 YEARS
– 10 YEARS DUBAI GOLDEN VISA
– SPOUSE / FAMILY INCLUDED
– $35,000 GOVT FEES

MASSIVE FOR CRYPTO ADOPTION 🚀 pic.twitter.com/UC7ywfV5HF

— Ash Crypto (@Ashcryptoreal) July 6, 2025

The rally proved short-lived after the Emirates News Agency released a joint statement on Monday. Three key regulatory bodies issued the denial: the Federal Authority for Identity, Citizenship, Customs and Port Security, the Securities and Commodities Authority, and the Virtual Assets Regulatory Authority.

The agencies clarified that digital asset investments are governed by their own set of regulations. They emphasized that cryptocurrency investments are unrelated to golden visa eligibility.

🇦🇪 Update: UAE gov has confirmed you can’t get a Golden Visa by investing in crypto.

Bummer for $TON buyers, it’s ~6% down from today’s high and the news came out around an hour ago. 🫨 https://t.co/G2BydgTMFJ pic.twitter.com/LXxcqyh2ZE

— Sanjay (@SanjayWeb3) July 6, 2025

The statement urged investors to obtain information from credible, official sources to avoid misinformation or fraud. This warning came as the false claim had already moved markets and attracted widespread attention in the crypto community.

Golden Visa Requirements

The UAE’s golden visa is a long-term residency program introduced in 2019 to attract skilled individuals to the region. It enables foreign nationals to live, work, and study in the UAE without needing a national sponsor.

Visa durations range from five to 10 years, depending on the applicant’s qualifications. To be eligible, users must meet strict criteria, such as having special skills like being a doctor, scientist, or researcher.

Investors can receive a golden visa if they have public investments worth 2 million United Arab Emirates dirham ($544,000) or more. Entrepreneurs can also qualify if they own a registered startup recognized by UAE authorities that is tech-based.

Technical Analysis Points to Further Declines

The price action shows TON compressing between horizontal support at approximately $2.80 and a gradually declining resistance line. The recent rejection at the triangle’s upper boundary suggests a breakdown is likely.

The Balance of Power indicator is currently in negative territory at -0.13, signaling strong selling pressure behind recent price moves. The MACD histogram is leaning bearish with a widening divergence between the MACD and signal lines.

Technical analysts identify initial support at the 1.0 Fibonacci level ($2.60). A likely bounce zone in the short term sits at the 1.618 Fibonacci level ($2.38). A deeper target if market sentiment remains weak is at the 2.618 Fibonacci level ($2.02).

If TON fails to hold the $2.80 support zone, bears could gain full control. This scenario would push prices toward the $2.38 level and possibly even the $2.02 zone.

The current price action reflects the volatile nature of cryptocurrency markets when unverified claims surface. TON now trades at $2.84, representing a 6% decrease from its recently posted 24-hour high of $3.05.

The post Toncoin (TON) Price: Falls 6% After UAE Denies Golden Visa Staking Claims appeared first on CoinCentral.

• Shiba Inu has the highest whale concentration among top cryptocurrencies, with 62% of its supply held by ten wallets.
• Ethereum ranks third with 49% of its total supply controlled by its largest holders.
• PEPE shows a more distributed supply, with its top ten holders owning 39% of the circulating tokens.
• SHIB’s price fell by 3% in the last 24 hours, bringing its market cap below 7 billion dollars.
• Over 13.4 million SHIB tokens were burned in a day, increasing the burn rate by 4,000 percent.

Shiba Inu (SHIB) has surpassed Ethereum (ETH), PEPE, and other top assets in one critical metric whale concentration. Recent data shows SHIB’s ten largest wallets collectively hold 62% of the total circulating supply. This level of centralization raises fresh questions about market stability and asset manipulation risks.

Shiba Inu Leads in Whale Control

Santiment’s latest analysis reveals Shiba Inu’s top wallets control more of its supply than any other primary cryptocurrency. This significant centralization could enable rapid price swings if these holders decide to buy or sell in volume. Moreover, such concentration increases volatility and reduces predictability for smaller market participants.

🐳 Here are the percentages of supply held by various large cap assets' top 10 whales. USD Coin has just 27% of its supply held by its top 10 wallets, and Chainlink's is relatively low at 32%. Shiba Inu notably has the most centralized, with 62% of its supply held by its 10… pic.twitter.com/jdFUcmT6uC

— Santiment (@santimentfeed) July 3, 2025

The meme coin currently trades around $0.00001159 after a 3% drop over the last 24 hours. SHIB’s market capitalization has fallen just under $7 billion, placing it 24th in overall rankings. Despite the price dip, activity on-chain indicates shifting investor strategies.

In the past 24 hours, the SHIB community burned over 13.4 million tokens, driving a 4,000% increase in burn rate. This burning mechanism aims to reduce circulating supply and elevate long-term value through scarcity. Meanwhile, investors continue withdrawing SHIB from exchanges, signaling growing interest in long-term custody.

Ethereum’s Top Holders Control Nearly Half the Supply

Ethereum’s top 10 wallets hold 49% of its total circulating supply, placing it third behind SHIB and USDT. Though ETH is a leading smart contract platform, such consolidation contradicts expectations of broader holder distribution. Large concentrations may impact liquidity and long-term price behavior.

Unlike SHIB, Ethereum’s core utility lies in DeFi, NFTs, and dApps, which distribute usage across millions of addresses. However, centralization among its largest holders still presents challenges in assessing actual decentralization levels. Retail participants continue monitoring these holdings for potential market signals.

While SHIB leads in whale control, ETH maintains greater infrastructure utility and developer activity. This contrast highlights different growth strategies and investor behaviors across digital assets. Ethereum’s consistent network demand may reduce the impact of whale holdings compared to SHIB.

PEPE’s top 10 holders control 39% of its circulating supply, ranking it behind SHIB and ETH in concentration levels. This metric indicates a relatively more distributed ownership base compared to SHIB’s dominant wallets. PEPE’s moderate whale concentration may reduce sudden liquidity shifts.

The post Shiba Inu Tops Whale Holdings, Surpassing Ethereum and PEPE in Control appeared first on CoinCentral.