Tag: price action

ONDO Surges 21% amid THIS Breakout-Is $1.2 Next on the Cards?

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ONDO has broken out of its downtrend to rally behind other recovering altcoins with a 25% price surge as the market sentiment shifts.

 

Ondo Finance, the U.S.-based provider of decentralized finance investment, has seen renewed market interest following a price reversal after months of downtrend. ONDO has gained 21% in price with a 70% surge in 24-hour trading volume. Per CoinGlass data, the coin’s open interest rose 19.92 % amid a positive Open Interest (OI) Weighted Funding Rate.

Looking at the 1-day chart, ONDO’s price has been consolidating inside a descending triangle pattern. On its descending trendline, a breakout above the $0.82 zone has seen ONDO rally towards the $1.0 resistance zone.

 

Source: CoinMarketCap

 

According to  Yovel Crypto Money on CoinMarketCap, despite the price consolidation at the $0.97 zone and momentum exhaustion, ONDO is eyeing the $1.0704 while targeting the $ 1.2 in the mid-term.

As the bulls step in, a high buying pressure could see the coin rally past the psychological $1.0 mark towards $1.2 and beyond. Traders are monitoring the price at the current price for further insights.

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partyushgoyal

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Ethereum On-Chain Activity Surges Nearly 10% in 48 Hours

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Ethereum active addresses have jumped from 306,211 to 336,366, a 9.85% surge in the past 48 hours. Is this a sign of renewed investor interest?

 

Ethereum has seen its price fall to a 2-year low as of April 2025. In the past week, Scoopist noted that the king of altcoins was hitting the oversold zone as prices plunged.

Cryptoquant data has revealed a surge in Ethereum’s active addresses, signalling market activity. According to the on-chain metrics, ETH’s active addresses jumped from 306,211 to 336,366 in the past 48 hours, reflecting a nearly 10% increase.

 

Source: Cryptoquant

 

What does this mean for ETH?

ETH has surged notably amid the rising on-chain activity, hitting the $1800 mark. A sudden rise in active addresses could signal more than just renewed investor interest. This could be a sign of whales buying the dip, considering ETH was oversold.

Despite the current price volatility, this could suggest Ethereum’s rebound is imminent as the bulls take charge. Traders are closely watching the coins’ on-chain activity to determine their next moves.

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partyushgoyal

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AAVE: What’s Next for Aave after THIS Breakout?

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Aave has broken out of its falling wedge pattern on the daily timeframe. With a high trading volume and price upsurge, what’s the next target?

 

In the past 4 months, AAVE’s price has been consolidating in a falling wedge pattern on the daily chart. In the last 24 hours, Aave has surged nearly 9% with a 39.56% increase in trading volume, at press time, per CoinMarketCap data. This follows a breakout above the $135 resistance zone on its descending trendline.

 

Source: X

 

As of this writing, Aave was trading at $166.13, with the short-term and mid-term moving averages flashing “buy.”  While Aave could be eyeing the psychological $200 key resistance zone, Crypto analyst Adam Horton has predicted $312 as the coin’s long-term target.

With the 24-hour Relative Strength index standing at 59 and open interest rising by 10.8%, the market shows bullish momentum and has more potential for buying. Traders are closely watching AAVE’s next move following this breakout.

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partyushgoyal

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Bitcoin’s Path to $100K-Here is What You Should Know

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Bitcoin is flashing signs of momentum strength amid rising institutional and retail demand. With the psychological $100k mark on the cards, what can you expect?

 

Bitcoin’s path to $100,000 is not just a psychological relief or symbolic milestone for crypto enthusiasts, but also a minefield for BTC’s short sellers. Recent Coinglass data has revealed a key liquidation pool lying ahead as bulls rally for the $100k mark.

 

According to the data, if Bitcoin rallies to reclaim this six-figure mark,  short positions worth $1.76 billion across exchanges like OKX and Bybit will be instantly wiped. A breakout above this level could ignite further liquidations of over-leveraged bearish positions.

 

Source: Coinglass

 

The exchanges mentioned above hold significant bearish trades around this level, and a brutal short squeeze could result as bears seek cover. With high buying pressure from them, this could fuel BTC’s price even higher to a new all-time high. Traders are closely watching the $100 mark in anticipation of volatility fireworks.

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partyushgoyal

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Bitcoin Buyers Dominate: Net Taker Volume Hits $62M on Binance

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Bitcoin is flashing a major bullish signal, indicating heightened demand, while exchange reserves are declining. Could this catalyze a new BTC all-time high?

 

Bitcoin could be poised for a major bullish rally in the next few weeks due to its market dynamics. A look into bitcoin’s demand, a current market development, has ignited the fear of missing out (FOMO). Bitcoin’s monthly net taker volume has surged to $ 62 million on the Binance exchange.

The net taker volume is key to measuring the difference between BTC’s market buy and sell orders. Positive values indicate the bulls are in charge, while negative values signal selling pressure. Using this metric and the exchange reserves metric, traders can gauge Bitcoin’s demand and supply to determine their entry positions.

 

Source: X

 

With Bitcoin’s net taker volume skyrocketing, the market signals strong bullish momentum and potential rally towards the psychological $100K mark in the mid-term. With exchange reserves hitting their historical low, the demand is rising against a low BTC supply. Bitcoin could be geared up for a new all-time high soon.

 

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partyushgoyal

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DOGE: Assessing Dogecoin’s Breakout above THIS Key Level

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Dogecoin has broken above the $0.1570 key level on its falling wedge channel. With trading volume surging, is $0.2000 DOGE’s next target?

 

Dogecoin has surged 1.5%, with a 10% increase in trading following a breakout above its falling wedge pattern, at press time. The memecoin has been trading in a falling wedge pattern formation on the 12-hour chart for the first quarter, 2025.

Looking at the chart, DOGE has tested its horizontal key support zone and demand zone, around $0.1550.Following this, DOGE has seen a price reversal, breaking past the $0.1570 key resistance level on its descending trendline.

Source: X

 

Key level to watch

Technical analysis hint at $0.2000 as DOGE’s next target, a previous key resistance level. If Dogecoin’s bulls step in with a high buying pressure, the memecoin could be poised for an uptrend rally in the short-term. With MACD (12,26) and short-term moving averages signalling “buy” the memecoin’s momentum could be gaining strength following the breakout.

 

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partyushgoyal

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SUI Flashes Signs of Strength amid Rising Investor Interest

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Sui has seen a 135% surge in 24-hour trading volume with an increased long-short ratio. Why is Sui pumping?

 

SUI has witnessed significant on-chain growth fueled by growing interest in its layer 1 blockchain capabilities. The coin has seen a 135% increase in trading volume, with its 24-hour long-to-short ratio rising to 2.05, at press time, per Coinalyze data. This suggests that the market saw more SUI buyers than Sellers in the past 24 hours, pumping the coin’s price by 5%.

So, why is SUI surging?

Looking at the charts, Sui has broken out of a descending wedge pattern on the daily chart. With the crypto market showing recovery after the trade tariff war, SUI’s breakout could mean a bull rally in the coming days. Technical analysis reveals $4 as the coin’s target in the coming days.

 

Source: X

 

Following the breakout, many investors are betting on SUI’s uptrend in the coming weeks. A surge in trading volume and buying pressure is indicative of accumulation. There has been heightened investor conviction in the network’s long-term growth.

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Bitcoin Reserves Across Exchanges Drops to Lowest-Ever

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Bitcoin reserves have dropped to the lowest levels in history, suggesting a possible supply shock.

 

A recent market development in the BTC exchange supply has caught the market’s attention. Since the start of the year, Bitcoin supply on the exchanges has been on a steady decline, with the reserves hitting their lowest levels in history.

Decreased BTC reserves could signal a supply shock in the next few weeks as institutional and government interest rises.

 

Source: X

What does this mean for BTC?

As of 2025,  there has been large institutional Bitcoin buys as corporations such as Strategy leading the way. With potential accumulation by governments for treasury reserves, BTC exchange supply could decline further.

The market could face a supply shock that would see Bitcoin surge massively in the next few weeks driven by increased demand, increased disposable capital and whale accumulation after the trade tarrif war.

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partyushgoyal

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Aptos APT Surges amid Rising Network Stablecoin Supply

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Aptos has surged 4.02% with a high trading volume as the network’s stablecoin supply hits $1 billion.

 

Aptos, a layer 1 proof-of-stake (PoS) blockchain using smart contracts to boost web3 adoption, has seen its token APT surge 4.02% in the past 24 hours. APT has been trading inside a falling wedge pattern on the daily chart in Q1, 2025, and has broken out with a 25% surge in trading volume.

 

Source: X

 

Aptos was consolidating at around $5.11 as of this writing, per CoinMarketCap. Technical analysis suggests $6 as APT’s mid-term target while eyeing $9.7 following this breakout. According to Crypto King25, the total supply of natively minted USDC and USDC on the network has hit $1 billion.

 

Source: CoinMarketCap

 

Following a breakout and high stablecoin supply on the network, Aptos could be poised for an uptrend in the following weeks. Traders a closely watching APT’s next move following this breakout.

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Oversold Alert: Why Ethereum Could Be Rallying Soon

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Ethereum’s monthly Relative Strength Index(RSI) has dropped to its most oversold ever, and whales are accumulating the dip. So, are ETH bulls rallying soon?

 

Ethereum has seen its price drop significantly as of Q1 2025. Despite other altcoins rallying after the trade war freeze, the king of altcoins saw a price exhaustion in a recovery attempt. As of this writing, ETH is trading at $1583 per CoinMarketCap data.

Looking at Ethereum’s 8-hour chart, the coin has been consolidating inside a descending channel pattern in Q1, 2025.

Source: X

 

With the price dropping to a 2-year low, ETH’s Relative Strength Index(RSI) has dropped to 40. This suggests that the coin is oversold, leaving the price in trenches. The bulls have stepped in as Ethereum’s momentum and MACD(12,26) flash “buy”.

According to CryptoGoos on X (formerly Twitter):

 

WHALES HAVE BOUGHT OVER 200,000 $ETH IN THE LAST 3 DAYS. THEY’RE BUYING THE DIP!

 

With potential whale accumulation in the dip, ETH can break above the $1650 key resistance zone on its descending channel pattern. A confirmed breakout could see ETH rallying to $2800 in the next few weeks.

 

 

 

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