Bollinger Band Trend shows shrinking momentum. Long/short ratio falls below 1.0 as shorts gain. Price risks correction toward $0.000010. Shiba Inu (SHIB) has recorded a sharp upswing over the past week, climbing by 24% amid renewed investor appetite for meme coins. At the time of writing, the altcoin trades at $0.00001606, rising a further 3% on the day. Source: CoinMarketCap However, several market indicators suggest that the rally may be losing steam. Traders are increasingly placing bets against the token’s price, and multiple trend signals now point to weakening bullish momentum. These developments could push SHIB into a period of…
Author: cryphedge
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: May 13, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Author Sujha Sundararajan Author Sujha Sundararajan About Author Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism. Share Last updated: May 13, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in…
Pi Coin has surged over 100% in the past week, recovering from a prolonged correction period amid broader altcoin market recovery. Sui (SUI) has gained 84% over the last 30 days, supported by rising on-chain activity, institutional inflows, and partnerships like 21Shares. Several altcoins have recently surged massively, with Pi Coin (PI), Sui (SUI), and Fartcoin (FARTCOIN) among the top gainers. These tokens are showing renewed bullish momentum with a surge in trading activity and investor attention. Let us take a closer look at their present performance and future resistance zones. Pi Coin Price Analysis The PI token has been…
Glassnode’s URPD chart finds little resistance for XRP above $2.38, making it more probable for prices to rise. XRP is near $2.50 with more volume, while whales are active and exchange reserves fall, indicating reliable market support. Analysts say that breaking out of a long-term triangle pattern supports aiming for $15. A new chart from Glassnode shows that XRP lacks any major resistance above where it is trading. The UTXO Realized Price Distribution (URPD) chart reveals that not much XRP was bought above $2.38, suggesting this is a major support spot. Currently, XRP is trading near $2.50, showing a good…
A significant shift in the market sentiments has been observed in the past few days, specifically with respect to Ethereum. Although the Bitcoin price is rising with some margin, the Ethereum price has been outperforming in terms of daily gains. Currently, the token has recorded more than a 12% jump compared 4% to 5% jump of Bitcoin. WIth this, the ETH price has reached one of the important resistance zones, breaking which, the token could become one of the top gainers for the month. Besides, the institutional interest in Ethereum is on the rise. The recent data shows the institutions sold…
The post Cardano Price Prediction 2026: Can ADA Hit $6 or $12? appeared first on Coinpedia Fintech News Cardano (ADA) has been making news recently with its latest partnerships, and many crypto investors are wondering how high its price could go in the current market. In this article, we’ll break down the recent price action, what could happen next, and a long-term prediction for Cardano’s future. Cardano Breaks a New High After Months For the first time since December, Cardano’s price broke out of its downward trend. Recently, it reached as high as $0.86 before pulling back slightly. This move…
XRP price has increased by more than 3% in tha last 24 hours and is now trying to climb above the important $2.60 level. According to analyst Josh, XRP is showing strong signs of a bullish trend right now.A bearish signal that had been hanging over the market for months has finally been invalidated. Since the start of the year, analysts were watching a bearish divergence play out — but now, XRP’s RSI on the 3-day chart has made a higher high. That’s a clear sign the bearish phase is over, and the market can start expecting more positive momentum…
Author Tim Alper Author Tim Alper About Author Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked… Share Last updated: May 12, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas -…
Two US senators have requested that the Treasury Department intervene to prevent the corporate alternative minimum tax (CAMT) interpretation from penalizing US firms for unrealized gains driven by updated accounting standards.In a letter dated May 12, Senators Cynthia Lummis and Bernie Moreno asked Treasury Secretary Scott Bessent to issue regulatory guidance excluding unrealized gains on digital assets from the calculation of Adjusted Financial Statement Income (AFSI) under CAMT. The senators argued that without such relief, US corporations could be forced to sell crypto to meet tax obligations or reduce their holdings, putting them at a disadvantage to foreign firms subject to…
