Im Bitcoin-Markt bahnt sich eine technische Entscheidung an. Derweil bleibt Verkaufsdruck vonseiten der Bitcoin-Wale vorhanden.
XRP-Kurs droht Absturz – Lokales Hoch schon erreicht?
Der XRP-Kurs hat womöglich sein vorläufiges Hoch erreicht und steuert als nächstes wohl auf einen deutlichen Abschwung zu, was durch die schwächelnden XRP-ETFs begünstigt wird.
Ravencoin price soars 150% amid Upbit listing
- Ravencoin price rode an Upbit listing announcement to skyrocket with over 150% gains.
- But the rally was short-lived as aggressive profit-taking wiped out much of the gains.
- The token is likely to rally amid improving sentiment.
Ravencoin (RVN) rocketed by more than 150% in 24 hours, with massive gains coming amid the token’s listing on Upbit, South Korea’s largest cryptocurrency exchange.
The announcement, made by Upbit via its official X account, noted that the exchange will add trading support for RVN against the Korean Won (KRW).
RVN coin’s surge saw it hit highs of $0.027, its highest level since mid-December 2024.
Ravencoin price – Upbit triggers 150% RVN rally
Upbit revealed the RVN/KRW market support in a post on X, stating that trading support for the altcoin would commence at 17:00 local time.
The exchange, known for its massive trading volume and customer base in South Korea, often sees explosive demand for newly listed tokens.
No doubt this is what drove Ravencoin (RVN)’s price higher.
An imminent listing for an altcoin seen as one of the best minable tokens today meant bulls were in control within hours of the announcement.
Data from CoinMarketCap shows the token’s price more than doubled in value as it rose from lows of $0.010 to $0.027.
While a bit of profit taking had it pare these gains, the price remained more than 64% up in 24 hours, with intraday volume skyrocketing 4,255% to over $399 million.
RVN price outlook
In addition to the Upbit listing, Ravencoin is resurging amid a fresh spike in bullish sentiment related to mineable proof-of-work coins.
Recently, the Ravencoin team posted on X that RVN is currently seeing fresh interest from miners.
With its KAWPOW algorithm designed to resist ASIC dominance and encourage decentralized participation, many unable to mine BTC and other top coins are flocking to Ravencoin mining.
This mining momentum, paired with the Upbit listing, could catalyse bullish momentum for RVN’s price. A retest of $0.027 is possible.
The technical outlook nonetheless has the Relative Strength Index (RSI) in overbought territory, which suggests a potential short-term pullback.
On the other hand, the Moving Average Convergence Divergence (MACD) shows a bullish crossover, indicating a likely upward continuation.
In this case, Ravencoin’s price could revisit the $0.014-$0.013 area for support. Demand reload at this level and a successful retest of $0.02 could aid an upward flip. RVN price hit highs of $0.034 in early December 2024.
On the downside, profit taking could see RVN price retest $0.010 and potentially April 2025 lows of $0.009.
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Ethereum Foundation vor „entscheidenden“ Monaten, neue Finanzpolitik setzt auf DeFi
Die Ethereum Foundation steuert langsam auf das Ende ihrer Rücklagen zu und richtet ihre Finanzpolitik im Zuge dessen auf Anlagen und Investitionen in DeFi-Protokolle aus.
Best crypto presales to invest in as experts dub Trump’s spending bill a positive for Bitcoin
Financial and political implications of Trump’s “One Big Beautiful Bill” have been the front and centre of all financial debates in recent weeks.
While many argue this legislation could prove a bane for the US national debt, high-profile crypto experts are convinced that it may actually emerge as a catalyst for Bitcoin’s next major rally, and a boon for the crypto markets at large.
As investment sentiment on digital assets heat up, attention is rapidly shifting toward best crypto presales that can ride this expected bullish wave. Among them, Bitcoin Pepe is turning heads as a standout opportunity in the meme coin space.
Why may Trump’s spending bill be a positive for Bitcoin?
Trump’s “One Big Beautiful Bill” comes with provision for increased spending and a possible debt ceiling hike that’s sparked backlash from economists and industry leaders alike.
Critics argue it threatens to worsen the US fiscal outlook. According to Coinbase chief executive, Brian Armstrong, unchecked spending could accelerate Bitcoin’s rise to reserve currency status.
Echoing the sentiment, billionaire Elon Musk took to X to slam the bill, prompting a wave of pro-BTC commentary.
Bitcoin evangelists like Max Keiser went further, calling the legislation an open invitation to “print-to-death”, predicting a BTC price target of $2.2 million.
XRP lawyer John Deaton and BitMEX founder Arthur Hayes joined the chorus, suggesting the bill is a billboard for Bitcoin adoption – even hinting that Tesla could expand its crypto holdings.
As more institutional and retail investors view Bitcoin as a hedge against runaway government spending, the broader crypto market could see a tidal wave of inflows.
What makes Bitcoin Pepe the best crypto presale in 2025
While Bitcoin remains the centerpiece of the digital asset class, meme coins have increasingly acted as high-beta plays during bullish market cycles.
Much like what happened in the 2020 – 2021 cycle, when stimulus-driven liquidity flooded into Dogecoin and Shiba Inu, meme coins today are poised to benefit from renewed interest sparked by fiscal instability.
As traditional investors look for asymmetric upside in the crypto space, presales offer the added advantage of early-stage pricing and massive growth potential. That’s where Bitcoin Pepe comes in.
Bitcoin Pepe combines two of crypto’s most iconic cultural forces: Bitcoin and the legendary meme figure Pepe the Frog. This hybrid meme coin is currently in presale and rapidly gaining traction thanks to its clever branding and a super active, well-engaged community.
With a capped supply, fair tokenomics, commitment to ultra-low fees and instant transactions – and plans for listings on major decentralized exchanges post-presale, Bitcoin Pepe is more than just a joke coin – it’s a statement.
On June 17th, Bitcoin Pepe will announce when it goes live on a CEX, ahead of which, investors still have an opportunity to build an early position in it.
Click here to explore ways to participate in Bitcoin Pepe’s ongoing presale.
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