Author: Yeek.io

Raydium saw steady demand throughout its range-bound price action. The short-term bullish target was the $8-$8.2 liquidity pocket. Raydium [RAY] saw 62% gains over the past eight days. The rise of Official Trump [TRUMP] on the Solana [SOL] chain has also likely boosted demand for RAY, but its rally began before the launch of the TRUMP meme coin. Since November, it had traded within a range that extended from $4.02 to $6.3. This range was broken on the 18th of January, and its highs were retested as a support zone. Raydium breaks range formation, set to sail higher Source: RAY/USDT…

The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon.  Falling Wedge Breakout Signal Dogecoin Price Rally  Dogecoin has been trading in a Falling Wedge pattern since November 2024, with its price gradually tightening within a descending range for some time now. A TradingView crypto analyst, Viprose, shared a chart showing a technical analysis of Dogecoin on the daily timeframe, highlighting key price patterns and…

Este artículo también está disponible en español. The Dogecoin price is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst predicts a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level.  Dogecoin Price: Will It Pump Or Crash? According to a TradingView crypto analyst known as ‘Mindbloome-Trading,’ the Dogecoin price is on the verge of an exponential pump that will push its…

Blockchain gaming ecosystem Echelon has announced a $3 million investment in the Parallel Prime League, the competitive esports platform for its flagship trading card game, Parallel.This funding will support Seasons 2 and 3 of the league, with prize pools significantly increased to attract global competitors and elevate the league’s profile.The investment also includes new tournament formats and opportunities for grassroots organizers to host sanctioned events, signaling Echelon’s commitment to fostering a vibrant and inclusive competitive community. Source: EchelonWhat is Echelon?Echelon is a blockchain-based gaming ecosystem that focuses on developing and supporting innovative web3 games.Its flagship title, Parallel TCG, is a…

Ripple CEO Brad Garlinghouse attended a series of events in Washington, DC, during the inauguration festivities, marking the beginning of Donald Trump’s presidency. Events included the Crypto Ball, a dinner hosted by the Vice President, and gatherings at the Capitol. Sharing his enthusiasm on social media, Garlinghouse remarked on the growing momentum for leveraging blockchain technology for economic innovation in the United States and globally.Ripple CEO Brad Garlinghouse Advocates for BlockchainIn a recent post shared on X, Ripple CEO Brad Garlinghouse reflected on his participation in multiple inauguration events. He attended the Crypto Ball, a Vice President-hosted dinner, and a…

REX Shares, an exchange-traded products provider, has filed for several exchange-traded funds, including listings for TRUMP and Dogecoin ETFs. The asset manager submitted the ETF filings with the U.S. Securities and Exchange Commission on Jan. 21, just one day after former SEC Chair Gary Gensler stepped down from the agency. However, it’s not just Official Trump (TRUMP) and Dogecoin (DOGE) ETFs that REX Shares is pursuing. The asset manager has partnered with investment products firm Osprey to file for crypto funds tied to Bitcoin, Ethereum, XRP, Bonk, and Solana. Eric Balchunas, a senior ETF analyst at Bloomberg, described the development…

ETH whales accumulated over $1 billion worth of tokens, signaling confidence in Ethereum’s future. Ethereum Foundation’s leadership overhaul aimed to strengthen technical expertise and ecosystem ties. Ethereum [ETH] has experienced a relatively mild performance this year compared to other major cryptocurrencies, but historical trends indicate that the best may still be ahead. As the market continues to evolve, Ethereum’s potential for growth remains strong, especially with developments from within the Ethereum Foundation. Vitalik Buterin, the co-founder of Ethereum, has proposed significant changes that could reshape the foundation and accelerate the network’s evolution. Ethereum’s historical post-halving strength Source: X Ethereum has…

Este artículo también está disponible en español. Ethereum, the largest altcoin by market capitalization, is trading at surprisingly low levels compared to its peers, raising concerns among investors. As the broader crypto market shows signs of strength, Ethereum’s underperformance has sparked fears that this cycle may not deliver the returns many expected from the leading altcoin. Sentiment in the market is shifting, with some questioning whether Ethereum can reclaim its former dominance amid fierce competition from emerging projects. Related Reading However, a closer look at key metrics offers a more optimistic perspective. According to the MVRV Pricing Bands chart, Ethereum…

Este artículo también está disponible en español. Bitcoin is showing no signs of slowing down, and why would it? As Donald Trump, who is now well-known for his crypto-friendly attitude, officially joins the office of the US President, the crypto world is expecting a lot of pro-crypto administrative changes and executive government orders to be passed in the coming days. The latest all-time Bitcoin ($BTC) high of $109K is only expected to be the beginning of the next crypto bull run, seeing as World Liberty Financial ($WLFI), a Donald Trump-backed decentralized platform, recently purchased a whopping 14,403 $ETH worth a…

Several Ethereum key metrics are witnessing a positive sentiment following a renewed upward momentum in the digital asset’s price. Favorable macroeconomic and market conditions are believed to have bolstered the uptrend in ETH’s price and market dynamics, reflecting the potential for more price growth. Bullish Sentiment Building For Ethereum Amidst improving conditions, an encouraging trend has been spotted in Ethereum’s recent market dynamics. Recent data shows that ETH’s funding rates have experienced a notable uptick, signaling growing optimism among investors and traders. Market expert and host of the Crypto Banter Show Kyle Doops reported the positive development on the X…