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Ethereum is approaching a critical test as price action tightens, setting the stage for a decisive move above key demand. After weeks of volatile yet controlled trading, bulls are attempting to reclaim higher ground, but momentum remains limited. At the same time, bears have repeatedly failed to drive ETH below the $2,400 level, reinforcing it as a strong support zone for now. With global markets under pressure from geopolitical tensions and macro uncertainty, Ethereum’s next move could define the direction of the broader altcoin market. Top analyst M-log1 believes the ETH/BTC pair is the most important chart to monitor in the coming days. According to his view, a breakout—either to the upside or downside—will determine the fate of altcoins across the board. The setup has reached an inflection point after multiple tests of the lower support band, with bulls continuing to defend it against breakdown attempts. This consolidation phase, combined with suppressed volatility and rising macro tension, makes Ethereum’s current structure one of the most significant technical formations in crypto right now. All eyes are now on ETH/BTC as traders prepare for what could be a defining moment in the altcoin cycle. Ethereum Builds Pressure As Breakout Nears Ethereum continues to trade within a narrow range that began in early May, hovering between the $2,400 and $2,800 levels. This prolonged consolidation comes at a time of growing geopolitical instability, as the conflict in the Middle East escalates and macroeconomic uncertainty grips global markets. While many investors had anticipated an altseason by now, that rotation of capital into altcoins has yet to materialize. All eyes remain on Ethereum to serve as the catalyst for that next leg higher. M-log1 believes the ETH/BTC pair holds the most important signal in the coming days. “This is probably the most important chart you want to keep an eye on,” he stated, highlighting that whichever direction ETH/BTC breaks could determine the fate of the altcoin market. The chart has repeatedly tested the lower support range, with bulls successfully defending that level on at least eight occasions. According to M-log1, this persistent defense suggests that bears are losing momentum, and a breakout to the upside is more likely. “I am 80/20 in favor of the upside,” he said, citing the market’s inability to break lower as a sign of underlying strength. ETH Tests Weekly Moving Averages Ethereum (ETH) is currently trading at $2,550, maintaining its position above all major weekly moving averages—50, 100, and 200. This level marks a key technical pivot as price consolidates between $2,450 and $2,680 after a strong recovery from its April low near $1,500. Despite multiple attempts to break higher, ETH continues to face resistance just below the $2,700 mark, showing that sellers remain active near historical supply zones. Importantly, the recent weekly candles have held the 100-week and 200-week simple moving averages as support. This indicates structural strength, especially considering the broader macro uncertainty driven by Middle East tensions and tighter U.S. monetary policy. Volume remains steady, with no signs of panic selling, further supporting the idea that ETH is stabilizing. The current compression in price around key moving averages typically precedes a larger directional move. A confirmed weekly close above $2,700 could open the door to a rapid push toward the psychological $3,000 level. Conversely, losing the $2,400 support would likely trigger a short-term correction back toward the 50-week SMA near $2,289. Featured image from Dall-E, chart from TradingView

Euro Sun Mining (TSXV: ESM) has lined up a $200 million loan package, with backing from global commodities trader Trafigura, to help finance its Rovina Valley gold-copper project in Romania. The funding represents a major step toward developing Europe’s second-largest copper-gold deposit. The financing, arranged with a syndicate of international banks and supported by Trafigura, will provide capital for feasibility work, permitting and pre-development work at the project. Euro Sun expects to complete final loan agreements in the third quarter, with initial funds available before the end of the year. The project may cost $448 million to build, according to a 2022 feasibility study. The deal, which includes a binding offtake agreement for up to all of commercial production over a seven- to nine-year period, comes as Europe seeks to bolster domestic supplies of copper and other critical minerals amid growing concerns over global supply chain security. The project, which is contentious for environmentalists, is on the EU’s list of 47 strategic ventures announced this year. “Together with our strategic status granted and our financial position closer to being secured, we are on the cusp of being fully equipped to deliver this project for the people of Romania and Europe’s benefit,” Euro Sun CEO Grant Sboros said in a release. “The company is advancing with its environmental impact assessment submission and that will be followed with close engagement with Romanian officials.” Two stages Euro Sun said the loan will be provided in two stages. The first $50 million is expected once final loan documents are signed. The remaining $150 million would follow the completion of a definitive feasibility study and satisfaction of other conditions. The seven-year loan will carry interest tied to benchmark lending rates plus about 7% to 9%. The Rovina Valley project, located in west-central Romania’s Hunedoara County roughly 300 km northwest of Bucharest, the country’s capital, hosts three porphyry-style deposits — Colnic, Rovina and Ciresata. The proposed mine is expected to operate for 27 years, with average annual production during the first decade of 116,000 oz. of gold and 49 million lb. of copper. It has a measured and indicated resource of 406 million tonnes grading 0.54 gram gold per tonne and 0.16% copper, for 7 million oz. of contained gold and 1.4 billion lb. of contained copper. The 2021 feasibility study outlined a conventional open-pit operation at Colnic and Rovina, with on-site crushing, grinding and flotation circuits to produce a copper-gold concentrate for export. Mining licence Euro Sun acquired the project in 2016 and became the first company to secure a mining licence for a non-state-owned mineral deposit in Romania in 2018. Since then, it has advanced technical studies and permitting, although progress has been slowed by environmental approvals and community consultations. There’s been long-standing opposition to the project from some groups. Shares in Euro Sun have tripled this year to C$0.12 apiece in Toronto for a market capitalization of about C$50 million ($36 million). Trafigura’s support highlights the trader’s strategy of securing upstream sources of critical minerals. The Singapore-based company, among the world’s largest commodity traders, has previously helped finance and secure supply from copper, cobalt and nickel projects worldwide to meet rising demand for metals vital to the energy transition. “We are pleased to support Euro Sun in advancing the Rovina Valley project,” Ross Ridgway, head of copper at Trafigura said in the same release. “As global demand for copper continues to grow — driven by electrification and industrialisation — the need for secure, sustainable new sources of supply has rarely been more important.”

GBPJPY has been trading in a wide range since October 2024 after the pair breached the 208.00 level and retracted sharply on last July and August Carry Trades' unwinding. Market Players recently got some key data for their trading in both the GBP and the JPY. The Bank of England took their decision to hold their rates but with a more dovish stance than markets expected with 3 out of 9 who voted for a cut – The BoE is starting to show a few concerns about the UK GDP appearing progressively weaker, but with a still too-high inflation. close GBPJPY 4H Chart, June 20, 2025 – Source: TradingView GBPJPY 4H Chart, June 20, 2025 – Source: TradingView GBPJPY has been in a volatile uptrend within the range but has stalled 5 times in the Intermediate Resistance Zone where we are currently trading. The 4H RSI is currently showing signs of reversals but this still has to be confirmed by price action. Bears are looking to breach the 4H 50-period Moving Average at 195.53 before looking to retest the FOMC 194.00 Lows to confirm the top-range rejection. Bulls would look to maintain the ongoing upwards trendline to go retest January 2025 highs around the 198 level, right before the Main Daily Resistance Zone. Safe Trades! Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

The XRP price is currently trading well below $3; however, a crypto expert believes that in less than two years, this popular altcoin could enter the double-digit territory, marking a historic moment in crypto. The analyst has forecasted a potential surge to $27, pointing to a re-emerging pattern from 2017. With over six months left before 2026 begins, the expert has outlined a clear roadmap of how XRP could reach this bullish target if it completely mirrors the historic fractal. XRP Price Prediction For 2026 A new technical analysis by X (formerly Twitter) market expert Egrag Crypto suggests that XRP has yet to see its biggest breakout. The trajectory of the analyst’s chart mirrors the same technical path that XRP followed before hitting its 2018 peak and current all-time high of $3.84. Egrag Crypto highlights that XRP is on the verge of an explosive rally that may extend into 2026, with current market behavior echoing the conditions and buildup that preceded its 2017 breakout. Notably, the analyst’s price chart shows that the XRP monthly candle structure went through six candles of consolidation before it launched into a parabolic rise in late 2017. Now, the cryptocurrency has consolidated for seven monthly candles, highlighted by the green triangle in the chart. If the eight completes, the analyst expects a dramatic “KABOOM phase” to follow—one that could propel XRP to price levels not seen before. The bullish projections point to a possible blow-off top somewhere between $22 and $27, aligning with the highest blue arc on the chart. Currently, XRP is trading at $2.15, meaning a surge to $27 would represent a whopping 1,156% in less than two years. With July 2025 highlighted as the potential trigger month, Egrag Crypto believes that the breakout could extend its momentum toward the end of 2025 and peak in 2026. The formation, known as the RGB Arcs, presents a visual roadmap of this projected bullish path—reinforcing the possibility that XRP is preparing to repeat history—only bigger. XRP To Reach $4 Before $27 Target In his analysis, Egrag Crypto’s chart spanned from 2013 through 2017, connecting XRP’s peaks to a series of colored parabolic curves. The red arcs in the chart represented the macro support line, while the green arc marked historical resistance levels—reached in 2018, and now projected for 2025-2026. Notably, the analyst predicts that XRP’s first breakout zone lies between $4 and $5. Once this target is hit, the cryptocurrency is expected to move into the upper green and blue arcs, positioning it for a stronger surge toward the forecasted $27 peak. Egrag Crypto has described this initial target as a measured move, where the final outcome is solely based on historical price patterns rather than pure speculation. He urges the broader XRP community to remain strong and patient until the cryptocurrency progresses toward these levels.

The British pound has gained ground for a second straight day. In the European session, GBP/USD is trading at 1.3496, up 0.22% on the day. UK retail sales decline 2.7%UK retail sales took a tumble in May, falling 2.7% m/m. This followed an upwardly revised 1.3% increase in April and was much worse than the market estimate of -0.5%. This marked the steepest decline since December 2023 and was driven by a sharp drop in food store sales. Consumers are being squeezed by inflation and are pessimistic about economic conditions - Gfk consumer confidence for June rose slightly to -18 from -20. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Federal Reserve's Governor Chris Waller, known in Interest Rates trading to provoke volatility, appeared on an interview with CNBC saying that "The Fed is in position as early as July for cuts." Fed Funds Futures haven't changed too much in terms of pricing of a cut (from 14% to 15% of a cut) but with such comments, expect big moves on any US Data that shows a weaker Economy. For a reminder, the Federal Reserve has been in pause since 6 months after cutting by 50bps in December 2024 as the FED "adjusted the policy rate with the dual mandate moving in the right direction". Waller mentioned the waiting of an inflation shock that never happened, something that is for now pretty accurate with the past few data points. close Dollar Index 15m Chart, June 20, 2025 – Source: TradingView Dollar Index 15m Chart, June 20, 2025 – Source: TradingView Safe Trades! Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Gemfields (LON: GEM) (JSE: GML) said on Friday that the commissioning of a second processing plant at its Montepuez ruby mine in Mozambique has been postponed to September due to logistical setbacks. The coloured precious stones miner cited incomplete installation of the tailings belt conveyor and decanter centrifuge, along with delays in securing work permits, particularly for specialist electrical personnel. It also reported “security and operational issues” linked to a surge in illegal mining activity at the site. Despite the delays, Gemfields expects the first rubies from the new plant to be produced in August, nearly 22 months after the project was first announced. Gemfields also confirmed it has restarted mining at its 75%-owned Kagem emerald mine in Zambia. It has reopened two production points in the Chama pit, with a cautious ramp-up in operations set to begin in July, depending on market conditions. It also said it continues evaluating options for Fabergé, the luxury jewellery brand it bought more than a decade ago, as part of broader cost-cutting efforts. The company did not disclose further details. Gemfields shares rose nearly 4% after the update to 4.55 pence in mid-afternoon London trading. The stock remains down about 35% year-to-date, with a market capitalization of 2.14 billion South African rand ($119 million).

Dogecoin’s six-month consolidation is a coil, not a coffin, according to the pseudonymous technician Cantonese Cat, whose 19 June video marshals multiple time-frame evidence to argue that the meme-coin’s next directional break will be up—potentially as far as $4.13 before the current cycle tops out. Dogecoin Breakout Is Only A Matter Of Time The analyst begins by addressing sentiment. Retail comment threads have turned caustic, he notes, because price has slipped from last autumn’s spike and then “done nothing for months.” Yet such fatigue is precisely what bull-market retracements are meant to produce: “A lot of people are getting really bitter about Doge … that’s exactly how higher highs and higher low type situations are supposed to get you all frustrated. This is still a bull trend until proven otherwise.” At the highest zoom level, Dogecoin is tracing what he calls “still a cup and … still a handle until proven otherwise.” The first thrust of that handle halted almost exactly at the 0.786 Fibonacci retracement of the 2022–24 bear range—“a very important fib level here.” Because initial attempts rarely pierce that resistance, he expected rejection. What matters is where the pullback found support: “In the case of Dogecoin, it decided to go all the way down to 0.382, which is nothing unusual … this is actually a pretty important zone of this nice Adam-and-Eve double bottom.” The market is therefore testing, not violating, an historically powerful neckline. Zooming to the monthly chart, Dogecoin sits beneath what the analyst calls “a pretty thick Ichimoku cloud.” Two breakout attempts have failed, producing a pair of wicks that look ominous to casual chart watchers. Cantonese Cat disagrees: “We had a little bit of a false breakout here on the monthly … I think a third time is going to be the charm.” Beneath the cloud, six consecutive monthly candles have nested entirely inside the tall green bar printed last November. He interprets the formation—six inside bars—as latency building for a violent move: “You’re talking about consolidation with six inside candles forming a lot of energy here.” That compression is mirrored on the weekly time frame: “If you also look at the weekly here, you can also see that you have six inside candles over here too … that tells me that there is not much bearish energy necessarily left anymore. I think we’re closer to the bottom than the top.” Key structural support is supplied by a rising 20-month simple moving average, now at $0.1737. Price currently ticks below it, but the slope is still positive. Historically, such combinations resolve in favour of the trend: “If you have a 20-month moving average that is up-sloping, most likely this is just going to be a wick.” He cites an earlier cycle when Dogecoin wicked beneath the same metric before staging a dramatic reversal. Price action, he argues, is meaningless without context. “If I end up looking at Doge here on Coinbase and I pull up the volume here, you can also see that there is no selling volume here at all.” Binance, the world’s deepest Dogecoin market, shows identical inertia. “The selling volume is essentially non-existent,” he says, concluding that supply overhang has vaporised and only demand is required to propel a reversal. Twice before—in July 2023 and February 2024—identical volume droughts preceded V-shaped rallies: “Low selling volume over here, reversal once volume comes in … low selling volume over here, reversal once volume comes in.” Daily-chart oscillators are beginning to corroborate the structural read. Dogecoin has just registered what Cantonese Cat labels a “treasure bottom”—his term for a localised capitulation whose candle body is far smaller than its wick. More formally, the relative-strength index has exhibited bullish divergence: price has etched lower lows while RSI turns higher. “Last time when you have some bullish diversions was right here … that was the local bottom right there,” he says, pointing to the October 2023 reversal. The pattern repeated in March 2024 and appears again today: “I think that we might be experiencing a trend change here relatively soon.” DOGE Price Targets Should volume arrive and price claw back through the 0.5 and 0.618 retracements, Cantonese Cat’s Fibonacci ladders flag successive targets. From the Binance dataset, “$1.60, $2.26 and $4.13, all of these are possibility for Dogecoin.” A composite feed of multiple exchanges tweaks the numbers to $1.50, $2.27 and $3.94. What he does not foresee is a reprise of 2021’s parabolic blow-off, when Dogecoin tagged the 2.272 extension and briefly suggested a trajectory towards $23. “I think that $23 doge is insane … I don’t think that doge is going to end up becoming, you know, like anything like $3 trillion market cap.” A quarter- to half-trillion-dollar capitalisation, however—roughly the price zone between three and four dollars—remains “something to think about” given current monetary expansion. Cantonese Cat interprets the community’s malaise as a contrarian gift: “The market makers are giving us more time to buy while the sentiment is extremely, extremely poor.” Inside-bar ranges serve as a simple trigger. A close above the six-month range high would, in his reading, unlock the primary up-trend’s next leg. Conversely, a close below the 20-month average might delay—but not necessarily invalidate—the thesis, provided the moving average itself keeps rising. Across every lens—the macro cup-and-handle, the Adam-and-Eve neckline test, Ichimoku resistance, 20-month moving average support, volume exhaustion, daily bullish divergence—the weight of evidence converges on a bullish outcome. Timing, he concedes, is unknowable: “When is that going to be? I don’t know.” Yet none of the data justify capitulation. He closes with the maxim he repeats three times in the broadcast: “The trend is your friend, and the trend is up.” If that view holds, Dogecoin’s dormant coil may eventually unwind toward the analyst’s most ambitious extension at $4.13—a level unthinkable to today’s demoralised sellers, and precisely for that reason, he argues, still within reach. At press time, DOGE traded at $0.171.

Arizona’s Senate has moved to revive a bill that will create the state’s crypto reserve fund. This growing attention to the world’s most valuable cryptocurrency further adds interest to related new cryptos, such as BTC Bull Token ($BTCBULL) and secure crypto wallets like Best Wallet. Arizona’s House Bill 2324 is now under reconsideration after the Senate voted 16-14 to revive it. The House of Representatives initially voted down the bill in May. What Arizona’s HB2324 is About HB2324 expands Arizona’s ability to seize and forfeit property that has been used or obtained through criminal activity to include crypto and other digital assets. The state will then sell the forfeited digital asset. The bill also clarifies the role of Arizona’s ‘Bitcoin and Digital Assets Reserve Fund,’ wherein the state will deposit 25% of any seized digital assets worth over $300K. In May, Arizona created the reserve fund to store unclaimed digital assets, making it one of the first US states to do so. Why HB2324 Matters The revival of HB2324 signals the US’s push to add $BTC and other crypto to its finances. Aside from Arizona, other states have created similar crypto reserves, including New Hampshire and Texas. This growing momentum highlights a broader trend: US states no longer wait for federal guidance to make crypto moves. Instead, they’re taking matters into their own hands, with Bitcoin increasingly viewed as a strategic asset rather than a speculative gamble. By actively building reserves in digital assets, states like Arizona and New Hampshire are positioning themselves at the forefront of a financial shift, diversifying treasuries, hedging against inflation, and embracing innovation as a competitive advantage. The 3 Best New Crypto to Buy as Bitcoin Adoption Grows With government institutions and Wall Street starting to embrace $BTC and other digital assets more openly, here are three new crypto that could benefit from this development: 1. Best Wallet Token ($BEST) – A Secure Way to Store Your Bitcoin and Other Crypto With crypto becoming more mainstream, there’s a growing demand for a secure crypto wallet where people can store their valuable digital assets. That’s the demand that Best Wallet wants to meet. This crypto wallet lets you store, buy, and stake crypto and a lot more. It even has a Token Launchpad where you can access the best presales while they’re still cheap. As a non-custodial crypto wallet, Best Wallet gives you sole control over your private keys. This makes it more secure compared to wallets where private keys are in the hands of the wallet provider. It’s also a no-KYC crypto wallet, meaning it doesn’t require you to undergo the know-your-customer (KYC) verification, which helps maintain your privacy. Behind the wallet is its native Best Wallet Token ($BEST). It’s currently on presale, which you can get for only $0.025205 each. Our Best Wallet Token buying guide has all the details you need to grab $BEST tokens. Owning the token has various advantages. These include getting low transaction fees within the Best Wallet ecosystem, higher staking rewards, early access to presales in the Token Launchpad, and governance rights that give you control over the project’s direction. 2. BTC Bull Token ($BEST) – Buy BTC Bull Tokens, Get the Chance to Receive Free Bitcoins As the world’s biggest cryptocurrency, Bitcoin’s value is on its way to new highs. That’s the BTC Bull Token ($BTCBULL) team’s rallying cry as it urges believers to push $BTC to $250K and beyond. At its heart are the free $BTC and $BTCBULL airdrops when Bitcoin hits price milestones. This means when you hold $BTCBULL, you’ll get the chance to receive Bitcoins when it hits $150K and $200K. Then, when it finally reaches $250K, you’ll get free BTC Bull tokens. The team will also have regular token burns happening at $125K, $175K, and $225K. These will help reduce the number of $BTCBULL in circulation, making them scarcer and more valuable. The token is currently available for $0.00257 each at the BTC Bull Token presale page. To buy tokens, connect your crypto wallet like Best Wallet to the presale widget, enter the number of coins you want to buy, and pay with your credit/debit card or crypto. If you prefer, you can stake tokens after you buy them and enjoy staking rewards that are currently set at 56% p.a. HODLing could also be an ideal strategy, as it could be worth as much as $0.0096 each. 3. Bitcoin Pepe ($BPEP) – Merging the World of Bitcoin and Meme Coins Bitcoin was never meant for the world of meme coins, that is, until Bitcoin Pepe ($BPEP) arrived. By creating a Layer 2 blockchain, the Bitcoin Pepe team aims to merge Bitcoin with meme coins. When completed, this will deliver the best that Solana has to offer—speed, low transaction fees, and user-friendly UX—and bank on the biggest crypto’s massive value and mainstream appeal. $BPEP is available for $0.0416 on the Bitcoin Pepe presale page. But with just 10 days before the presale closes, it’s your last chance to get the tokens at a discount. Crypto Has Gone Mainstream and There’s No Looking Back With the revival of HB2324 in Arizona, Bitcoin and other crypto are back in the spotlight. While this is still big news at the moment, it will be a matter of time before it completely becomes a part of the mainstream. Because of this, it’s always best to be a step ahead of the crowd, such as by getting a secure crypto wallet powered by Best Wallet Token ($BEST) or betting on Bitcoin’s bull run with BTC Bull Token ($BTCBULL). But before you invest in crypto, make sure you do your research. This will allow you to be aware of the opportunities as well as the risks of trading these digital assets. Also, use the information in this article for educational purposes and not as investment advice.

The Canadian dollar is showing limited movement for a third straight day. In the European session, USD/CAD is trading at 1.3698, down 0.02% on the day. We could see some movement from the Canadian dollar in the North American session after the release of Canadian retail sales. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

Glencore (LON: GLEN) has declared its Mount Isa copper smelter unviable and is awaiting a response from Australia’s federal and Queensland’s governments regarding requests for financial assistance to keep the facility running. The mining and commodities giant blamed “unprecedented smelting market conditions,” high energy, gas and labour costs, and a shortage of copper concentrates for the smelter’s unsustainable position. The Swiss company first announced the closure of its Mount Isa copper mines and associated operations in October 2023. At the time, it said all assets that made up in the complex as well as the Lady Loretta zinc mine, located 140KM north-west of Mount Isa, would close in the second half of 2025. Glencore initially said the closures would impact more than 1,200 jobs, but in April this year, it revised that estimate to around 500 roles, citing progress in workforce planning. “We are also actively working to redeploy as many people as possible over the coming months,” Sam Strohmayr, chief operating officer for Glencore’s Australian zinc and copper assets said then. Glencore reiterated its hope that authorities will intervene to support continued operation of the smelter and refinery. Federal Minister for Industry and Innovation and Minister for Science, Tim Ayres, said his office is closely monitoring the situation. “As a vital industrial site for the Mount Isa community and the broader region, any closure of the Mount Isa copper smelter would have a detrimental impact on Australia’s sovereign capability and other facilities downstream that rely on the smelter,” he said in a statement after visiting the plant on Friday. Ayres did not outline any specific support measures under consideration. Queensland’s Minister for Natural Resources and Mines, Dale Last, stressed the economic importance of the site. “The Mount Isa copper smelter is a cornerstone of Queensland’s economy and supports the viability of nationally significant supply chain infrastructure like the Mount Isa to Townsville rail line and the Port of Townsville,” he said. “But we can’t make decisions for Glencore. We are continuing to engage in good faith with Glencore, and we expect Glencore to do the same.” Glencore responded by saying it had maintained regular communication with authorities but has yet to receive any concrete proposal to help sustain operations at Mount Isa.

Often cast as Bitcoin’s overlooked, irrelevant sibling, the Litecoin ETF (LTC) is making waves in an otherwise unsettled market. Okay, maybe irrelevant was too harsh… Meanwhile, geopolitical tensions in the Middle East rattled most of the crypto market, but Litecoin shrugged off the chaos, recovering to close at $84.88 with a modest 1.6% gain. With two standout developments fueling speculation, including an upcoming spot ETF, here’s what’s in store for Litecoin: LitecoinPriceMarket CapLTC$6.53B24h7d30d1yAll time The Resilience of Litecoin Amid Uncertainty Predictive platform Polymarket put the chances of U.S. involvement at 62%, in Iran, causing most cryptocurrencies to trade sideways. Litecoin, however, emerged largely unscathed, surging near the $85.60 resistance mark even as other altcoins faltered. Analysts at 99Bitcoins point to a bullish ascending channel pattern for LTC, marked by consistently higher lows. This trajectory coincides with growing optimism over a potential spot Litecoin ETF, which Polymarket predicts has a 76% chance of approval by 2025. Adding to the momentum, DRML Miner introduced a sustainable Litecoin mining initiative, riding a wave of retail demand and a $600 million spike in transaction volumes over the past two days. The Litecoin DRML platform addresses the growing cost and complexity of traditional mining, offering a hassle-free alternative centered on three standout features: Regulatory Compliance and Security: DRML operates under UK licenses and utilizes cold wallets with military-grade encryption to safeguard $1.9 billion in managed assets. Sustainable Mining Practices: Powered entirely by renewable energy, DRML’s global infrastructure applies hydro, wind, and solar farming technologies. Accessibility for Retail Investors: New users can start with a $10 bonus and no hardware investment. Daily income is automatically calculated and distributed as well. ETF Approval Momentum and What’s at Stake The possibility of a spot Litecoin ETF gaining U.S. Securities and Exchange Commission (SEC) approval has emerged as a pivotal narrative for $LTC in 2025. Interest in altcoin ETFs among institutional investors is swelling, and a greenlight for Litecoin could drastically expand its market reach. A spokesperson for DRML Miner connected this surge in interest to broader trends, commenting, “Cloud mining makes it easier for participants to be part of these transitions at scale. The focus on green technology meets the growing call for efficiency without compromise.” EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Often cast as Bitcoin’s overlooked, irrelevant sibling, the Litecoin ETF (LTC) is making waves in an otherwise unsettled market. Interest in altcoin ETFs among institutional investors is swelling, and a greenlight for Litecoin could drastically expand its market reach. The post Is Litecoin ETF Decision About to Ignite LTC Price Rally of The Decade? appeared first on 99Bitcoins.

According to legendary investigative journalist Seymour Hersh, the U.S. is preparing a large-scale bombing campaign against Iran over the coming weekend. Citing unnamed U.S. officials and Israeli sources, Hersh describes an operation that will “entail heavy American bombing.” A senior Washington official told Hersh that “all will be under control” if Supreme Leader Ayatollah Ali Khamenei is removed from the picture. But as Hersh points out, “it was unclear how that could happen short of his assassination.” Allegedly, President Donald Trump is waiting for the weekend to strike so that Wall Street doesn’t freak out and crash the markets. The question now becomes, will this happen, or is it overblown? (X) Why Now? Trump Wants to Strike on The Weekend to Avoid Market Fallout One of the key targets is Iran’s Fordow uranium enrichment site, which is home to centrifuges buried roughly 80 meters underground. The plan reportedly involves U.S. bunker bombs capable of penetrating those depths. Hersh says the operation was delayed until the weekend to “diminish shock” as Wall Street markets open Monday. Fordow recently produced nearly 900 pounds of 60% enriched uranium, just shy of weapons-grade. Hersh reports the U.S. bombers will strike it this weekend after picking up the help of regional military assets spread across the Middle East. Israeli officials appear to hope the strikes will spark internal unrest and perhaps even an uprising from minority groups like the Azeris, Kurds, Arabs, or Baluchis. Some in U.S. planning reportedly believe striking Iran will only lead to more problems. “They don’t give a shit on the religious issue, but demand a political puppet to control … Result would be permanent hostility.” — longtime U.S. officialtold Hersh. Seymour Hersh: Rising Tensions and Global Implications The risk here is immense. Even if Trump waits until the weekend, crypto could tank as it is a 24/7 market. Moreover, past regime overthrows in Libya and Syria show how rapid military intervention can lead to long-term instability. Removing Khamenei or the Revolutionary Guard could push Iran into chaos. With one last round of peace talks today, what transpires over the next 48 hours will have lifelong consequences for the United States, Israel, and Iran. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways According to legendary investigative journalist Seymour Hersh, the U.S. is preparing a large-scale bombing campaign against Iran. The risk here is immense. Even if Trump waits until the weekend, crypto could tank as it is a 24/7 market. The post Seymour Hersh: Bomb Iran Now, Save Wall Street Later appeared first on 99Bitcoins.

Semler Scientific Inc. has set its sights on a bold expansion of its Bitcoin treasury. The healthcare technology company aims to grow its holdings to 105,000 BTC by 2027, a figure that would account for roughly 0.5% of BTC ▲1.27% finite supply of 21 million. This aggressive strategy requires multiplying its current stockpile of 3,808 BTC nearly 28 times in just over two years. Oh, and a quick reminder, if you bought Bitcoin on any date on or preceding Dec. 13, 2024, you are in the green. (BTC is an IQ Test) The Strategy Behind the Bitcoin Treasury Push Semler intends to hit its ambitious Bitcoin target using a mix of equity, debt financing, and operational cash flow. Since beginning its Bitcoin accumulation in May 2024, the company has positioned itself as a serious player in the corporate crypto space. Now ranked as the 13th largest public Bitcoin holder, Semler is one of the many companies riding this trend. Leading Semler’s push toward one of the largest corporate Bitcoin treasuries in the world is Joe Burnett, the company’s newly appointed director of Bitcoin strategy. Burnett brings a résumé packed with crypto credentials, having worked with Unchained Capital and Blockware Solutions Semler’s chairman, Eric Semler, stated, “We are excited to have Joe join our Bitcoin strategy team and help drive our three-year plan to own 105,000 Bitcoins.” Burnett emphasized the mainstream momentum of Bitcoin adoption, noting, “We are determined to build one of the largest corporate Bitcoin treasuries in the world.” The Bigger Picture of Corporate Bitcoin Adoption Adding BTC to a corporate treasury is not at all straightforward. The stock price of Semler (SMLR) has dropped nearly 41% this year, raising questions about the sustainability of its strategy. Crypto researcher Matthew Sigel of VanEck warned that companies raising funds aggressively for Bitcoin purchases could dilute shareholder value if their stock prices dip too close to net asset value. Despite this, Thursday’s announcement saw SMLR shares close 11.95% higher at $31.94, signaling a temporary positive reaction from investors. (Source) Semler is part of a rising tide of companies prioritizing Bitcoin acquisitions, a trend that includes major players like MicroStrategy. Japanese investment firm Metaplanet recently announced plans to acquire 210,000 BTC by 2027, further emphasizing Bitcoin’s role as a corporate asset. Their strategy reflects a growing belief in Bitcoin as “the superior form of money,” as Burnett puts it. EXPLORE: Tether CEO Paolo Ardoino Hopes For Net Positive From US Elections, Says Bitcoin Strategic Reserve Is A Great Idea: 99Bitcoins Exclusive Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways Semler Scientific Inc. has set its sights on a bold expansion of its Bitcoin treasury. All eyes are on Powell this week. As inflation lingers and labor metrics soften. The post A Look Inside Semler Scientific’s Secret Plan To Double Its Bitcoin Treasury appeared first on 99Bitcoins.

Bearish sentiment on X continues to grow, fueling a rising number of crash forecasts. Among them is Dom (@traderview2), a widely followed crypto market analyst, who issued a stark warning on Wednesday: Bitcoin is approaching a structural tipping point that could trigger a severe breakdown if bulls fail to act swiftly. “If this continues, it snaps,” Dom cautioned, referring to a wave of relentless selling pressure and thinning liquidity across major exchanges. Time Is Ticking For Bitcoin In a detailed post, Dom described current market conditions as “vital,” noting that Bitcoin and the broader crypto space are at a moment where “it needs to save itself or we’re going south.” The recent weekly chart, he said, reflects a bearish “liquidity grab”—a move where BTC pushed above the previous weekly high only to sharply reverse, a pattern often marking local tops. That reversal has been accompanied by a three-touch declining strength formation, signaling fading bullish momentum. “I think time is ticking for bulls to save this chart, as it needs to happen soon IMO,” Dom added, underscoring the urgency of a bullish reclaim to invalidate the setup. Beneath price action, the structural foundation appears increasingly fragile. Dom pointed to alarmingly thin order books across key spot markets—Binance, Bybit, Coinbase, OKX, and Kraken. Over the past three weeks, roughly 38,000 BTC has been sold into the market, absorbed by passive bids. While buyers have held so far, the analyst warned that visible liquidity beneath current price levels is virtually nonexistent. “There is virtually no support down to 80ks (at least as of now), not even advertisement of support,” he said. The same bearish pattern is playing out in perpetual futures markets. Platforms like Binance, Bybit, OKX, and Hyperliquid have seen consistent taker-side selling, forming what Dom described as a “relentless downtrend of market selling.” With perp books also thin, the pressure may be unsustainable unless conditions change quickly. Drawing a parallel to Bitcoin’s February breakdown from the 90k level, Dom noted, “We saw the same dynamic pre-90k breakdown.” The implication is clear: without a shift in market behavior, BTC may be headed toward a similar fate. Seasonal trends are adding weight to the bearish outlook. Dom highlighted that summer months historically bring weaker market participation and lower liquidity—an environment that exacerbates downside moves and limits the impact of bullish efforts to regain control. Despite the grim analysis, Dom remains clear on what would invalidate his bearish stance: a recovery of the 108.5k level. “If that level regains, great. I think we can void these signals,” he said. “But for now, bearish outlook for me is the better R/R on a risk-first basis.” In a separate reply, Dom acknowledged that a dip to the $96,000–$98,000 region, even with a wick into the $80,000’s, would not necessarily break structure. “It surely would not be abnormal and I think structure would still be ok,” he wrote, adding that he would reassess the setup if such a move occurs. With order books thinning, taker flow intensifying, and no solid support beneath, Dom’s message is blunt: time is running out. At press time, BTC traded at $104,694.

Decentralized token folios (DTFs) are tokenized bundles of crypto assets, or a digital portfolio you can tweak on-chain. The Reserve Protocol, powered by RSR, crafts what’s in the portfolio to offer crypto diversification, according to the assets’ price and size. Interestingly, the recent 1.28 million RSR burn event has brought bullish sentiment on how it would impact the crypto price and the protocol’s future. The first burn, which happened exactly a month ago, did come with a promise of monthly repeats. The goal is to shrink RSR’s supply and nudge its value up by slashing supply and bumping demand. With the next burn lined up for today, June 20th, we are about to see how this plays out in real time. RSR’s role extends beyond governance; it lets holders influence basket changes or upgrades. Fees from these operations fund the burns, creating a self-sustaining loop. It’s a clever way to tie token utility to ecosystem growth. Whether the burn will spark a price move again is yet to be seen. But, with 1.28 million tokens already off the table, the cumulative effect likely strengthens RSR’s position. DISCOVER: Best Meme Coin ICOs to Invest in Today Join The 99Bitcoins News Discord Here For The Latest Market Updates Key Takeaways RSR’s next burn is lined up for today, and we are about to see how this plays out in real time. The RSR price peaked around $0.026, and today’s burn could blast its price to a new high. Why Reserve Protocol matters. The post What Are Decentralized Token Folios? RSR Crypto Burn Could Trigger Reserve Protocol Price Blast appeared first on 99Bitcoins.

TRX price is holding its ground near a key price level, and several signals now point to a possible breakout. An on-chain indicator, pointed out by glassnode, shows strong buyer conviction around $0.26–$0.27, just as broader sentiment shifts on the back of Tron’s IPO (Initial Public Offering) ambitions and political ties. The possible catalyst? On June 16, SRM Entertainment announced plans to rebrand as Tron Inc., pivoting its balance sheet to anchor $100 million, and eventually up to $210 million, in TRX. Backed by private investors and advised by Justin Sun, the move aims to position TRX as a corporate reserve asset, mirroring Bitcoin’s role in companies like MicroStrategy. But the stakes are high. Unlike Bitcoin, TRX faces several hurdles: centralization risks, lower liquidity, and dependence on Tron’s ecosystem. While the IPO play could legitimize TRX, its path to widespread adoption remains untested and volatile. DISCOVER: Floki Crypto Set to Pump Again: Is $2B Next? Is TRX Price Ready For a Breakout? Cost Basis Distribution Shows Heavy Accumulation According to glass node data, over 14 billion TRX tokens were acquired between $0.26 and $0.27, marking the largest accumulation zone on record. Most current holders are sitting near break-even, reinforcing this level as a major floor. Price action above this range faces relatively light resistance. If the support holds and TRX starts moving up, there’s not much standing in the way toward the next targets. DISCOVER: Best New Cryptocurrencies to Invest in 2025 (TRXUSDT) Recent price movement confirms the $0.2700 zone as critical, with the support at $0.26. Currently, TRX price trades at $0.2727, down slightly on the day. However, it hovers just above short-term support, resisting a clean breakdown. If the price breaks above $0.3000, the next target is around $0.3300, potentially stretching toward $0.40 in a bullish continuation. A failure to hold $0.2650 could reverse this setup entirely. EXPLORE: 99Bitcoins Exclusive: Zodia Markets Co-founder Nick Philpott Says, “If you wait for the regulator, you’ll have no innovation at all” Key Takeaways Glassnode data shows 14B+ TRX tokens accumulated in this range, creating a strong demand zone. Current price ($0.2727) hovers just above support, with a breakdown below $0.2650 risking a bearish reversal. SRM Entertainment’s rebrand to Tron Inc., backed by $100M–$210M in TRX reserves, aims to mirror Bitcoin’s corporate reserve role (e.g., MicroStrategy). Justin Sun’s involvement adds credibility but also centralization concerns. A clean break above $0.3000 could target $0.3300, with extended bullish momentum toward $0.40. Light resistance above $0.27 suggests room for upside if sentiment holds. TRX faces liquidity challenges, centralization risks, and dependence on Tron’s ecosystem. While the IPO narrative is bullish, adoption remains unproven compared to Bitcoin. The post TRX Price Targets Breakout to $0.4: Analysts Sound Alarm on Major Bounce appeared first on 99Bitcoins.

Solana was in the headlines for a long time. Though the community has been rather silent lately, the price has not increased as some expected. Is it over, or is there more bread in the token? While long-term SOL USD investors are probably not that concerned, since nothing has changed on a fundamental level, downside price action is unignorable recently, even as the Solana ETFs are still pending approval. Matthew Dixon’s analysis and comments are excellent, especially for newer traders! Consider both ways the SOL USD price can go and manage risk with tight stops. Zooming Out on SOL USD: Solana Price in the Long Time Frame We’ve got three charts to look at – brace yourself! (SOLUSD) The first chart we will start our analysis on is the long-term Weekly timeframe, specifically looking at the bigger range. Solana’s price reached the 2021 bull run top at the end of 2025, which is our current resistance. In other words, it is the top of the range. The bottom of the range might look very far down at $27. It’s good to remember that SOL spent almost a full year trading under $10 in its early days. DISCOVER: Top Solana Meme Coins to Buy in 2025 Zooming In on Solana Price Action: Where Does SOL Go From Here? (SOLUSD) Another quick look at the 1W timeframe, and then we’ll move on. The latest run’s current bottom range and support cost ~$120. However, the price exceeded the MA50 and was rejected when retested as resistance. Soon, MA100 could be reached – good to watch the reaction. Lose the $120 level, and we might drop below $100. DISCOVER: Top 20 Crypto to Buy in 2025 (SOLUSD) Zooming in on the 1D day, we can now see more details. A large untested area ranges from $32 to $50, though it can be extended to $100. We see a clear SFP, break of market structure, and retest of MA200, which was also the previous low, now acting as resistance. Quite the dynamic chart. For me, it looks like SOL USD is heading lower, unless MA200 is reclaimed. As Matthew said in his X post, the market can move both ways, and it’s good to be ready for either of the two scenarios. DISCOVER: Best Meme Coin ICOs to Invest in 2025 Join The 99Bitcoins News Discord Here For The Latest Market Updates Solana Wild Ride: Unpacking The Latest Price Action Late 2023 and 2024 SOL saw huge gains. Untested price are starting beneath $100 Price needs to reclaim MA200 on 1D for next leg higher The post Solana Gears Up For Wild Ride: Unpacking SOL USD Price Action In June appeared first on 99Bitcoins.

Global financial markets experienced sharp swings on Thursday, 19 June, as US President Trump softened his earlier hawkish stance on Iran, shifting from the threat of an imminent strike to a “two-week grace period” to allow space for diplomacy. Despite this shift, hostilities between Israel and Iran persisted for a seventh consecutive day. Israeli airstrikes reportedly targeted additional Iranian nuclear facilities, with Israeli officials warning that continued military action could lead to regime change in Tehran. Meanwhile, an Iranian missile struck an Israeli hospital for the first time since the conflict began, highlighting growing risks to civilian lives and reinforcing the sustained geopolitical risk premium. close Fig 2: USD/CHF minor trend as of 20 June 2025 (Source: TradingView) Fig 2: USD/CHF minor trend as of 20 June 2025 (Source: TradingView) The earlier minor corrective rebound of the USD/CHF from its 13 June intraday low of 0.8056 to Thursday, 19 June intraday high of 0.8216 may have ended as price actions retracted right to its 20-day moving average and broke below the minor ascending trendline that linked the “higher lows” since 13 June. In addition, the hourly RSI momentum indicator continued to inch lower below its 50 level after it printed a bearish divergence condition on Thursday, which suggests that short-term bearish momentum has resurfaced. Watch the 0.8240 short-term pivotal resistance (also the 50-day moving average) and break below 0.8155 near-term support increases the odds of a short-term down leg to expose the next intermediate supports at 0.8100 and 0.8060/8040 (see Fig 2). However, a clearance above 0.8240 negates the bearish tone for a potential squeeze up towards the 0.8310 medium-term pivotal resistance. Opinions are the authors'; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. The provided publication is for informational and educational purposes only. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please refer to the MarketPulse Terms of Use. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © {CURRENT_YEAR} OANDA Business Information & Services Inc.

While the Bitcoin price stays close to its all-time highs, the Ethereum price has done pretty much the opposite. This failure to perform has put intense bearish pressure on the altcoin market as a whole, and the resulting price action has triggered what is seemingly a bear market for altcoins. Even now, the Ethereum price has not shown any signs of a bullish recovery, with expectations remaining bleak at this level, and analysts predicting further crashes. Why The Ethereum Price Is Headed Below $2,000 Crypto analyst Maddox Metrics has given the short and long-term outlook for the Ethereum price, and it seems the current market decline is nowhere near its end. In the short term, Maddox expects the Ethereum price to continue to decline and, in fact, fall below some major support levels. As the crypto analyst explains, investors are already expecting the ETH price to actually fall lower toward the $1,900 target. And as shown in the analyst’s chart, this would actually be the second wave of the 5-wave count as Ethereum moves into its long-term potential. While there has been a lot of buying, especially among institutional investors and ETF issuers, the Ethereum price continues to trend low. The analyst attributes this to the rising war tensions in the Middle East, as fears of World War 3 grow more intense. At this level, the analyst cautions investors to look toward a more patient strategy, saying that “Money is made in the sitting, weathering volatility, not flipping in and out of trades on every bit of news and price movement.” Thus, it is better to hold positions until the market finds its stable point. ETH Still Bullish In The Long-Term Despite the wave pattern pointing to a crash below $2,000 in the short term, the analyst says the long-term outlook for the Ethereum price remains bullish. The current decline, which is a Wave 2 retracement, the analyst explains, marked the end of a motif wave at the $2,700 resistance. This suggests that once the current wave ends, there is the next wave, which is the bullish Wave 3. Once this is underway, the analyst’s chart shows a possibility of this wave carrying through to a new all-time high just under $5,000. The 4th wave is naturally bearish and will trigger a crash, while the 5th and final wave will send the Ethereum price to $7,000. The timeline for this to happen, as shown in the chart, will be through the year 2025 and into the early months of 2026.

We last wrote two months ago that Gold would undergo a correction that could set up an accelerated leg higher. Gold has held up very well over the past few months, consolidating in a bullish manner. The consolidation may need to continue for another month or two. The longer it consolidates, the better position Gold will be in to explode to $4000/oz and Silver to explode towards $50. Gold is currently in the third major breakout in its history. In 1972, Gold broke out from over a 100-year-long base in what I have described as the Greatest Breakout of All Time. The second greatest breakout for Gold, specifically, was its breakout in March 2024 out of a 13-year cup and handle pattern. Finally, in 2005, Gold broke out from a rough 24-year-long base, surpassing $500/oz. But this was not a breakout to new all-time highs, like the other two. We compare the three breakout moves below on the scale of the breakout that began in March 2024. We also include an average of the 1972 and 2005 breakouts, as well as an average that weights the 1972 breakout by ⅓ and the 2005 breakout by ⅔. The 1972 breakout move peaked in early 2027 at nearly $ 9,200/oz, while the 2005 breakout move peaked above $ 4,800/oz in late 2026. The lower average reaches $5,300/oz 12 months from now and almost $5,700/oz 16 months from now. So far, Gold is doing a good job of staying close to the averages. Even if it follows the weakest of the five lines, it would reach $4800/oz in 16 months. The weaker of the two averages puts Gold at $5300 in only 12 months. For Gold to reach those targets, it likely requires a 17%-20% correction along the way. Coming into this week, the percentage of miners and juniors (GDX, GDXJ, HUI) trading above the 20-day, 50-day, and 200-day moving averages was at least 95% across the board. Our junior silver basket of 10 stocks was up 82% in nine weeks. The sector was fully overbought. A consolidation for another month or two in Gold and Silver would develop the fuel and buying power needed for the next advance. We are already positioned in the leading companies but are actively uncovering more companies that could lead the next move higher. To learn the stocks we own and intend to buy with 5x to 10x potential, consider learning more about our premium service.

Amid the geopolitical turmoil, Solana (SOL) has retraced 10% in the past week. Some analysts believe that the altcoin’s correction is about to end, but warned that a dip below a key support level might come first. Solana Eyes Key Retest Before Breakout After retesting the $168 resistance last Wednesday, Solana has fallen back to a key level fueled by the recent market pullback. The cryptocurrency has seen a 15% retracement from its monthly highs, trading around the $140 zone for the past three days. SOL has been hovering between the $145-$180 price range since its May breakout, falling to the range lows during the June market shakeouts. Since then, the altcoin has struggled to reclaim the $160-$170 mid-zone. Nonetheless, market watcher Lluciano considers that Solana “may dip a bit more, but the ultimate target is seriously huge.” The analyst highlighted SOL’s performance since April, noting that it ended its multi-month downtrend after breaking above its descending resistance at the end of March. After this price action, SOL retested the $100-$120 demand zone before breaking out to its current range in the following weeks. Now, the altcoin’s chart displays a one-month falling wedge pattern, with the upper boundary sitting around the $155-$160 area. To the analyst, a breakout from this pattern could send the cryptocurrency toward May’s $187 high resistance before propelling the price to retest the $240 mark. Similarly, trader Rose noted that SOL has been consolidating above the key $145 resistance and 50-day Moving Average (MA), signaling a potential breakout. “If confirmed, the price could rise toward targets at $165, $183, and $220,” they suggested. SOL To Underperform In Coming Months? Market watcher Crypto Bullet suggested that Solana’s correction is coming to an end. The analyst forecasted that SOL could soon lose its current range and retest the April consolidation range, around the $125-$135 area, to complete the correction. This would be followed by a bounce back into the current range before surging past the $200 barrier toward the $220-$250 targets, for “one more wave up” this cycle. Meanwhile, Altcoin Sherpa affirmed Solana won’t outperform like it did during the first half of the cycle. According to the analyst, the cryptocurrency won’t outperform Bitcoin (BTC) on any long-term timeframe “other than a few blips here and there.” He explained that the cycle’s leading altcoin isn’t “dead,” but that he doesn’t “see it having a run like it did in 2021/2024.” Notably, SOL is currently retesting its late November 2023 support levels against BTC, which previously sent it to yearly lows after failing to hold them. Altcoin Sherpa concluded that Solana will likely continue to climb against its USDT pair but continue to bleed in its SOL/BTC chart. As of this writing, Solana is trading at $145, a 12.1% decline in the monthly timeframe.

Bitcoin Cash price started a major increase above the $475 resistance. BCH is consolidating and might aim for more gains above the $500 resistance. Bitcoin cash price started a fresh increase above the $480 level. The price is trading above $480 and the 100-hour simple moving average. There was a break above a key bearish trend line with resistance at $472 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair could start another increase if it clears the $500 resistance zone. Bitcoin Cash Price Starts Fresh Surge After forming a base above the $440 level, Bitcoin Cash price started a fresh increase. BCH outpaced Bitcoin and Ethereum to gain over 8%. There was a clear move above the $470 resistance zone. The price even surpassed $480 and tested the $495 resistance zone. Besides, there was a break above a key bearish trend line with resistance at $472 on the hourly chart of the BCH/USD pair. A high was formed near $505 and the price is now consolidating gains above the 23.6% Fib retracement level of the upward move from the $455 swing low to the $502 high. Bitcoin cash price is now trading above $485 and the 100-hour simple moving average. Immediate resistance on the upside sits near the $500 level. A clear move above the $500 resistance might start a decent increase. The next major resistance is $505, above which the price might accelerate higher toward the $520 level. Any further gains could lead the price toward the $535 resistance zone. Are Dips Supported In BCH? If Bitcoin Cash price fails to clear the $500 resistance, it could start a fresh decline. Initial support on the downside is near the $490 level. The next major support is near the $480 level or the 50% Fib retracement level of the upward move from the $455 swing low to the $502 high. If the price fails to stay above the $480 support, the price could test the $470 support. Any further losses could lead the price toward the $450 zone in the near term. Technical indicators 4-hour MACD – The MACD for BCH/USD is losing pace in the bullish zone. 4-hour RSI (Relative Strength Index) – The RSI is currently above the 60 level. Key Support Levels – $490 and $480. Key Resistance Levels – $500 and $505.

Although Bitcoin’s (BTC) momentum has stalled over the past week due to escalating geopolitical tensions in the Middle East, the flagship cryptocurrency appears to be forming a bullish inverse head and shoulders pattern on the three-day chart – significantly increasing the likelihood of a new all-time high (ATH) in the coming months. Bitcoin Eyeing New ATH Soon? In an X post published today, crypto analyst Mister Crypto highlighted that BTC is forming an inverse head and shoulders pattern on the three-day chart. The analyst shared the following chart, noting that a successful breakout could propel Bitcoin’s price as high as $150,000. For the uninitiated, the inverse head & shoulders is a bullish chart pattern that signals a potential reversal from a downtrend to an uptrend. It consists of three troughs, a lower low – called the “head” – between two higher lows – called the “shoulders.” This is followed by a breakout above the “neckline” resistance, indicating rising buying pressure. Despite ongoing uncertainty in the market, analysts remain largely optimistic. For example, noted analyst Jelle pointed out that BTC has formed a major bullish pennant above previous highs – another positive technical signal. BTC is also poised to benefit from shrinking supply on trading platforms. In an X post shared earlier today, crypto commentator Master of Crypto noted that Bitcoin balances on exchanges are about to fall below two million – the lowest level since 2017. Depleting BTC balances on exchanges suggest that investors are moving their Bitcoin to long-term storage, reducing the amount available for immediate sale. This supply constraint can create upward pressure on price, especially if demand continues to rise. Meanwhile, another Bitcoin analyst, apsk32, highlighted BTC’s ongoing alignment with the power curve cycle. Remarkably, Bitcoin has followed this cycle consistently for 15 years, and if the trend holds, the next cycle top could occur in November or December 2025. BTC Quantity More Important Than Price In a separate X post, Rich Dad Poor Dad author Robert Kiyosaki emphasized that the number of BTC one holds is more important than its current price. In a detailed thread, he predicted that Bitcoin could reach as high as $1 million by 2030. While a $1 million price target may seem ambitious, other analysts also forecast new highs in the near term. For example, CryptoQuant analyst Carmelo Aleman recently projected that BTC could top out at $205,000 by the end of 2025. In addition, exchange data suggests an impending supply crunch, as whales continue withdrawing large amounts of BTC while exchange inflows remain subdued. At press time, BTC is trading at $104,359, down 0.1% in the past 24 hours.

XRP price started a fresh decline below the $2.20 zone. The price is now consolidating losses and might recover if it clears the $2.20 hurdle. XRP price started a fresh decline below the $2.150 zone. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2.170 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might start a fresh increase if there is a close above the $2.20 resistance zone. XRP Price Eyes Upside Break XRP price reacted to the downside below the $2.20 support zone, like Bitcoin and Ethereum. The price declined below the $2.180 and $2.150 support levels. The pair tested the $2.120 support A low was formed at $2.120 and the price started to trade in a range. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $2.335 swing high to the $2.120 low. The price is now trading below $2.20 and the 100-hourly Simple Moving Average. On the upside, the price might face resistance near the $2.170 level. There is also a contracting triangle forming with resistance at $2.170 on the hourly chart of the XRP/USD pair. The first major resistance is near the $2.20 level. The next resistance is $2.2280 or the 50% Fib retracement level of the downward move from the $2.335 swing high to the $2.120 low. A clear move above the $2.2280 resistance might send the price toward the $2.250 resistance. Any more gains might send the price toward the $2.2850 resistance or even $2.320 in the near term. The next major hurdle for the bulls might be $2.350. Another Drop? If XRP fails to clear the $2.20 resistance zone, it could start another decline. Initial support on the downside is near the $2.1450 level. The next major support is near the $2.120 level. If there is a downside break and a close below the $2.120 level, the price might continue to decline toward the $2.050 support. The next major support sits near the $2.00 zone. Technical Indicators Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.1450 and $2.120. Major Resistance Levels – $2.170 and $2.20.