Monat: Juni 2025

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Will ETH bounce back soon as whales open $100M worth of leveraged bets?

Key takeaways

  • Ethereum’s ETH is trading above $2,200 after dropping to the $2,100 range on Sunday.
  • Whales have opened $100 million worth of leveraged bets as they predict Ether to bounce back following the United States’ strike on Iran’s facilities.

Whales bet big on Ether’s recovery

Ether, the second-largest cryptocurrency by market cap, lost 14% of its value over the last seven days. The bearish performance saw it hit a low of $2,113 on Sunday. However, it has slightly recovered and now trades at $2,242 per coin.

Despite the uncertainty in the market, Ethereum whales are confident that Ether’s price could soar higher soon. Data obtained from Hypurrscan indicates that one whale opened an Ether long position of over $101 million with 25x leverage at the entry price of $2,247. His position stands to be liquidated if Ether’s price falls below $2,196.

While this whale is opening long positions, HyperDash revealed that 64% of the industry’s most successful cryptocurrency traders are currently shorting the world’s two largest cryptocurrencies, while only 36% remain long.

ETH could drop to $1,887 if bulls fail to defend the $2,100 support level

The ETH/USD pair is at a critical level, with bulls and bears battling for control. After holding the support level at $2,100 over the weekend, the bulls are confident that ETH could rally towards the transactional liquidity at $2,500 in the near term.

ETH/USD chart

However, the technical indicators show that the pair remains bearish. The MACD is still within the negative territory, while the RSI of 33 shows that ETH is still facing selling pressure from investors.

If the bearish trend continues, ETH could test the support level around $2,100 once again. Failure to hold this support level could see ETH hit the $1,887 mark for the first time since May.

The post Will ETH bounce back soon as whales open $100M worth of leveraged bets? appeared first on CoinJournal.

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Avalanche price prediction: AVAX could retest $15 before recovery

Key takeaways

  • AVAX is trading above $17 per coin after hitting the $15.90 mark on Sunday.
  • Despite its recovery, AVAX could retest the $15 low before surging higher.

AVAX surges 2% as broader market recovers

The cryptocurrency market is having a positive start to the week following a bearish weekend. Bitcoin, ETH, AVAX, and other major cryptocurrencies have bounced back from yesterday’s lows and could rally higher soon.

AVAX, the native coin of the Avalanche blockchain, has added 2.5% to its value over the last 24 hours, making it one of the top performers among the top 20 cryptocurrencies by market cap.

At press time, the price of Avalanche stands at $17.11 and could rally towards $20 soon. However, the market could retest the $15 low as the bearish trend is still in play. Its performance could depend on the broader crypto market and the ongoing crisis between Israel and Iran.

AVAX could test $15 before rallying higher

The AVAX/USDT 4-hour chart shows that the pair is still bearish despite the recent recovery. The pair could test the $15 low soon before rallying higher.

The relative strength index (RSI) of 45 shows that the bears remain in control, but the pair could be heading into neutral territory. The MACD is also within the negative region thanks to the bearish sentiment.

AVAX/USDT 4H chart

If the bullish trend continues, AVAX could target the 4-hour internal liquidity level at $17.58 in the coming hours. An extended bullish run would enable AVAX to hit the $20 mark for the first time since June 16th. 

However, the technical indicators remain bearish, suggesting that AVAX could still dip lower. AVAX could test the support level at $14.61 soon if the bearish momentum on the higher timeframe holds. Failure to defend the support level at $14.61 could see AVAX hit the $12 mark for the first time since November 2023.

The post Avalanche price prediction: AVAX could retest $15 before recovery appeared first on CoinJournal.

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XRP price outlook: $2 remains key amid increased volume

  • XRP trades above $2.00 and could eye a decisive break above $2.30.
  • An uptick to $2.50 could confirm bullish continuation.
  • However, a drop below $2.00 may signal deeper corrections.

The price of XRP is holding near $2 as top cryptocurrencies trade at key support levels.

Most altcoins mirror Bitcoin’s trajectory, which saw a sharp decline over the weekend, largely attributed to heightened geopolitical tensions stemming from US military strikes on Iran.

Despite its downturn to lows of $1.94, XRP demonstrates resilience.

Bitcoin has also bounced above $100k, with bullish sentiment among investors signalling strength despite the volatile broader market.

XRP price above $2 as volume spikes

XRP has shown notable strength, rebounding from a weekly low near $1.94 as trading volume surged by over $3 billion in the past 24 hours.

This spike in volume, coupled with the price holding above the critical $2.00 psychological support level, indicates robust buying interest.

According to market analysts, increased trading volume during a price recovery often reflects renewed investor confidence and potential for sustained upward momentum.

The broader cryptocurrency market has faced downward pressure due to US strikes on Iran, which intensified fears of a wider conflict.

Bitcoin and Ethereum have also corrected, with Bitcoin trading just above $101k.

Despite this, stock futures indicate investors are shrugging off the weekend’s sell-off, and oil prices have stabilized after a brief spike, suggesting markets are adapting to the geopolitical unrest.

A crypto market bounce is possible if risk-on sentiment returns, but an escalation in the Middle East could trigger further declines.

Ripple price prediction

A bounce for cryptocurrencies comes as data from asset manager CoinShares shows digital asset investment products saw a 10th consecutive week of inflows for the week ending June 20.

As per details shared on June 23, the crypto sector attracted $1.24 billion in exchange-traded funds last week, with Bitcoin leading with $1.1 billion for a second straight week of inflows.

Meanwhile, Ethereum hit a 9th consecutive week of inflows with $124 million. Solana attracted $2.78 million and XRP $2.69 million.

Analysts are cautiously optimistic about XRP’s future. Short-term forecasts suggest a potential breakout above $2.50 could push prices toward $3.00.

XRP chart by TradingView

The bounce to $2.00 suggests that bulls are defending this key level, positioning XRP for a possible short-term rally.

Despite the RSI and MACD on the weekly chart, long-term projections are more ambitious.

A break above the 20-week exponential moving average (EMA) will reinforce this outlook.

Notable predictions for XRP include a potential rocket past $10, driven by increased institutional adoption and regulatory clarity.

However, failure to hold above $2.00 could see prices retest April’s low of $1.60.

The post XRP price outlook: $2 remains key amid increased volume appeared first on CoinJournal.

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Bitcoin Pepe price to jump soon as another firm plans major BTC purchases

  • With institutional adoption increasing, major cryptos are becoming less attractive to investors seeking outsized returns.
  • These investors are increasingly looking toward early-stage tokens such as Bitcoin Pepe.
  • The project’s presale has raised over $15.3 million.

Bitcoin (BTC) dropped to a six-week low late Sunday, briefly falling below $98,500 after a US airstrike on Iranian nuclear facilities over the weekend heightened geopolitical tensions.

Risk assets came under pressure as markets responded to the escalation.

However, the dip below the $100,000 mark proved short-lived. BTC rebounded during early Monday trading, recovering to around $101,841 at the time of writing.

Bitcoin now trades near the key psychological threshold of $100,000. A decisive close below that level could signal further downside, with the next support near Sunday’s intraday low of $98,200.

In this volatile environment, institutional adoption remains a bright spot, with more firms looking to expand their exposure to digital assets.

As institutional participation increases, top-tier cryptocurrencies are becoming less attractive to investors seeking outsized, asymmetric returns.

This shift is drawing renewed interest toward early-stage tokens such as Bitcoin Pepe, which are capturing risk-on capital.

With traders pivoting to more speculative corners of the market, assets like Bitcoin Pepe are emerging as key beneficiaries of the current momentum.

Grant Cardone’s firm buys Bitcoin

Real estate mogul Grant Cardone has announced Cardone Capital’s first Bitcoin purchase, marking the firm’s entry into a digital asset treasury strategy.

Cardone Capital has added 1,000 Bitcoin (BTC), valued at approximately $101 million at current market prices, to its balance sheet.

“First ever real estate/Bitcoin company integrated with full BTC strategy,” Cardone said in a post on X, describing the move as a combination of “the two best-in-class assets,” real estate and Bitcoin.

He also indicated plans to add another 3,000 BTC to the firm’s holdings later this year.

With this initial purchase, Cardone Capital surpasses mining firms Core Scientific and Cipher Mining in terms of Bitcoin holdings, according to data from BiTBO.

Founded in 2017, Cardone Capital is a private equity real estate firm that pools investor capital to acquire multifamily residential properties.

The firm currently manages more than 14,000 units and has an estimated $5.1 billion in assets under management.

Bitcoin Pepe price outlook

While Bitcoin grapples with short-term volatility, its growing institutional adoption continues to underpin overall market sentiment.

At the same time, investors are rotating back into high-beta segments of the crypto market, with meme coins witnessing a renewed wave of inflows.

Among the most prominent is Bitcoin Pepe, which has set itself apart by blending meme-driven appeal with a Layer 2 infrastructure narrative.

Unlike conventional meme tokens that rely solely on viral traction, Bitcoin Pepe positions itself as the first meme-centric Layer 2 built on the Bitcoin network, seeking to deliver scalability and speed similar to Solana while anchored to Bitcoin’s base-layer security.

The project has also secured strategic partnerships with Super Meme, Catamoto, and Plena Finance, aimed at supporting the broader utility and adoption of its ecosystem.

Bitcoin Pepe’s presale has so far raised over $15.3 million, with its BPEP token priced at $0.0416.

A price increase is imminent, with the next tier triggered once the presale hits $15.54 million in total funding.

The token is slated for listing on MEXC and BitMart, with expectations that these will provide improved liquidity and visibility.

An additional listing announcement is expected to be announced on June 30, further fueling investor interest as the presale nears completion.

With risk appetite returning and meme coins back in focus, Bitcoin Pepe appears well-positioned to benefit from both speculative momentum and a more structurally grounded product narrative.

The post Bitcoin Pepe price to jump soon as another firm plans major BTC purchases appeared first on CoinJournal.