Kategorie: Crypto Analysis

• Gains follow reports of US-China tariff rollback.
• Key support at $103,818 aligns with the 50-day EMA.
• MACD signals bullish momentum as consolidation continues.

Bitcoin (BTC/USD) maintained its footing above the $104,000 level on Monday, buoyed by rising investor confidence amid signs of easing trade tensions between the US and China.

The world’s most-traded cryptocurrency touched an intraday high of $105,706 before settling near $104,420.33 at the time of writing.

This move follows weeks of sideways trading, and signals a potential shift in market sentiment.

Source: CoinMarketCap

Optimism around the rollback of US tariffs on Chinese goods has revived risk appetite across global markets.

For Bitcoin, the easing geopolitical backdrop has acted as a key driver behind recent gains.

BTC jumps on macro optimism

The latest surge comes as the US has scaled back tariffs imposed on China, raising hopes that global trade flows could improve and recession risks may ease.

This broader economic tailwind has extended into the crypto market, pushing Bitcoin above the psychological $105,000 barrier during intraday trading.

The move has been supported by bullish technical indicators. The 50-day Exponential Moving Average (EMA), currently near $103,818, has provided a strong base during recent consolidation.

Bitcoin’s ability to bounce off this level has reinforced confidence among traders.

Market participants are now eyeing the next resistance levels at $106,750 and $107,300.

These price points align with previous supply zones and could determine whether Bitcoin can sustain its upward trajectory in the near term.

Support holds at $103,818

The $103,818 level has emerged as a key line of defence for bulls. It coincides with the 50-day EMA and has served as a critical floor during the recent period of range-bound movement.

If Bitcoin can continue to hold above this support, it may provide the base for a renewed push toward higher levels.

However, if downward pressure intensifies and the price falls below this threshold, the next support lies at $103,080.

A breach of this level could trigger a broader pullback and push Bitcoin back into the lower end of its former trading channel.

The Relative Strength Index (RSI) is approaching overbought territory, which suggests that a near-term correction is still possible. Traders are watching this closely, particularly as Bitcoin navigates resistance zones.

Technical signals suggest caution

While recent gains are encouraging for Bitcoin bulls, indicators suggest that caution is warranted.

The Moving Average Convergence Divergence (MACD) is trending positive, with the MACD line crossing above the signal line and the histogram expanding.

This reinforces the bullish outlook, but also suggests that some short-term consolidation may follow.

The RSI, currently nearing levels above 70, implies that the market may be entering overheated territory.

Historically, such readings have often preceded brief corrections before fresh upside attempts.

Should profit-taking emerge, support levels at $105,000 and $103,818 will be tested once again.

Traders eye $107,000 barrier

With Bitcoin currently hovering around $104,420.33, momentum remains delicate.

A confirmed breakout above $105,706 could reignite buying interest, opening the path to the next targets at $106,750 and the psychologically significant $107,000 level.

Market sentiment will likely remain tied to macroeconomic developments, particularly progress on US-China trade discussions.

Any setbacks on that front could reverse the recent gains, while continued optimism may fuel another leg higher.

For now, Bitcoin’s resilience above $104,000 marks a key technical milestone, and all eyes are on whether the world’s leading cryptocurrency can convert this into a sustained rally.

The post Bitcoin reclaims $105,000: what are the next targets? appeared first on CoinJournal.

• Trump trade deal boosts overall crypto sentiment.
• Open Interest reaches $263 million.
• Analyst predicts SHIB could rise 4x from current levels.

Shiba Inu is making a comeback after months of sluggish price action, with data showing a 32% increase over the past month.

The turnaround comes as market sentiment improves, driven by recent macro developments, most notably a new trade deal announced by President Trump.

The meme coin, which had been stuck in a narrow range for most of 2025, is now trading at around $0.00001713 and has seen a spike in trading volume and open interest.

This surge has lifted SHIB’s 24-hour trading volume to $664 million and raised its market capitalisation to just over $10 billion, pushing it to the 15th spot among all cryptocurrencies.

SHIB burn rate drops 97.77% in 24 hours

A key factor behind SHIB’s recent surge was last week’s massive spike in the token’s burn rate.

However, in the past 24 hours, the burn rate has fallen by 97.77%, with just 427,479 SHIB burned during the period.

This comes after earlier spikes created upward price pressure, reducing available supply in circulation.

Open Interest remains high at $260 million, indicating that traders continue to bet on further price movements.

The sustained Open Interest points to growing participation in SHIB’s derivatives market, keeping the asset on traders’ radars.

Technical indicators support an upward trend

Technical analysis points to bullish momentum for Shiba Inu. Trading data shows that while oscillators such as the RSI and Stochastic remain neutral, the MACD and Momentum indicators show clear buy signals.

Key moving averages such as the 50-day and 200-day are aligned in favour of a bullish trend.

Analysts are monitoring these indicators for confirmation of a potential breakout, with current price action suggesting buyers are stepping in on every dip.

Analyst projects breakout target at $0.000081

According to analyst Javon Marks, Shiba Inu’s recent rebound, which has seen it gain nearly 30% in just a few days, could be the start of a much larger move.

He projects a possible 105% rally from current levels, with a breakout target of $0.000081. He also suggests that the price could increase up to fourfold if momentum holds.

Meanwhile, broader crypto sentiment has also been lifted by easing trade tensions between the US and China.

A 90-day tariff truce and signs of negotiation progress have spurred risk appetite among investors, with cryptocurrencies benefiting from the optimism.

The improved macro backdrop has reinforced bullish setups across digital assets, including SHIB.

 

The post Shiba Inu price up 32% in a month as Trump trade deals and burn data lift momentum appeared first on CoinJournal.

Improved market sentiment has seen Bitcoin price rally past the psychologically crucial zone of $100,000. Similarly, top altcoins and meme coins have extended previous gains amid heightened investor interest. In addition to the growing optimism over a US-China trade deal, investors expect the Fed to cut interest rates later in the year.

At the same time, meme coins are making a comeback as they recover from tariff-related selling pressure. Bitcoin Pepe, the first Bitcoin meme ICO whose mission is to merge the ultra-popular meme culture with Bitcoin’s security, is benefiting from this wave. Indeed, it is set to be one of the top meme ICOs of 2025. With its steady upside momentum, savvy investors are rushing to amass BPEP tokens as its launch nears.

XRP price eyes a breakout as the SEC case nears its end

XRP price rallied to a 7-week high in early Sunday session as the longstanding Ripple Labs – SEC battle comes to an end. In addition to improved market sentiment in the broader cryptocurrency market, increased investor interest in the altcoin is linked to a joint motion by the two parties. However, the $50 million settlement agreement awaits judicial approval.

Meanwhile, the range between the 25-day EMA at $2.1885 and the resistance zone of $2.4377 is still worth watching. A risk-on mood and positive developments in the Ripple-SEC case may give the bulls a chance to push the altcoin past its current range towards the next target at $2.5557.

Bitcoin Pepe records surge in investor interest as the Q2 launch approaches

The Bitcoin Pepe presale has been on for three now, rendering an irresistible opportunity for meme coin enthusiasts to become crypto millionaires. Since the start of its presale on 11th February, early adopters have already locked in 47.6% in cumulative gains. 

With less than a month before the slated launch on 31st May, savvy investors know better than to dismiss this one-of-kind opportunity. It is this FOMO that has seen the project’s investor interest skyrocket in recent sessions, raising over $7.8 million. The early adopters understand that the token may never go back to the currently affordable price of $0.0326.

Notably, the FOMO is not founded solely on Bitcoin Pepe’s virality but rather on its mission to merge the meme culture with Bitcoin’s security through the new PEP-20 standard. Besides, the meme Layer-2 solution ensures that users enjoy Solana-style transaction speed and lower fees. 

With this ideal setup, Bitcoin Pepe is expected to record 100 growth in the coming months. This will further be bolstered by the likely listing of the token by top CEXs and the highly-anticipated crypto bull run of 2025. Hurry up and buy Bitcoin Pepe here.

Dogecoin bulls ride on improved market sentiment to end range-bound trading 

 

Persistent economic uncertainties and Elon Musk’s decision to significantly cut back on his role in the US Department of Government Efficiency (DOGE) have weighed on Dogecoin price in recent weeks. However, improved market sentiment has bolstered the meme coin, ending the over two-month range trading. On Sunday, it rose past $0.2500 for the first time since late February.

According to CoinMarketCap, Dogecoin price has surged by 15.12% over the past 24 hours with its trading volume increasing by 76.45% in the same period. Usually, a surge in trading volume denotes increased investor interest.  

As seen on its daily chart, Dogecoin price has successfully broken out of its two-month range trading. Indeed,I expect it to continue trading above the crucial resistance-turned-support

zone of 0.2000. This is after the short-term 25-day EMA crossed the medium-term 50-day EMA to the upside to form a bullish golden cross pattern. 

At the immediate term, Dogecoin price may consolidate its strong gains around the resistance zone of $0.2500 as the bulls gather additional momentum to rally to the next target at $0.2710. On the flip side, a pullback will likely place the support level at $0.2185. 

  

 

  

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Key takeaways

• Ethereum recently launched the Pectra upgrade and could see ETH’s price soar higher in the medium term.
• Dogecoin is one of the best-performing coins this week as Bitcoin Pepe’s presale hits $7.7 million. 

Ethereum hits $2,300 after Pectra upgrade

ETH, the native coin of the Ethereum blockchain, was one of the best performers in the market this week. The coin added 28% to its value this week, outperforming Bitcoin and other major cryptocurrencies.

The rally comes after the Ethereum Pectra hard fork earlier this week. The Pectra upgrade, activated on May 7, introduces a maximum stake limit increase to 2,048 ETH per validator. The upgrade streamlines operations by reducing the need for multiple node setups. At press time, the price of Ether is $2,362 and could rally higher in the near term. 

Dogecoin tops $0.2 amid market rally

Dogecoin (DOGE) is another top performer that could rally higher in the medium term. DOGE added 12% to its value in the last 24 hours as Bitcoin and other major cryptocurrencies record excellent gains.

At press time, DOGE is trading at $0.2194 and could surge higher soon. It is still 70% down from the all-time high price of $0.7376 it recorded four years ago, indicating that there could be room for upward movement in the current cycle. As the leading memecoin by market cap, Dogecoin could be a smart buy for investors in the medium to long term. 

$BPEP to rally as Bitcoin Pepe introduces memecoin trading to Bitcoin

$BPEP, the native token of the Bitcoin Pepe ecosystem, is another one to consider. Currently in its presale, $BPEP could become one of the best performers in the current cycle.

Bitcoin Pepe is a unique project as it seeks to introduce memecoin trading to the Bitcoin blockchain. Its layer-2 network will leverage Bitcoin’s liquidity and security to build a thriving memecoin trading ecosystem. 

The L2 network will empower developers with the tools to migrate their memes from other blockchains to the Bitcoin blockchain. $BPEP will power various activities within the Bitcoin Pepe ecosystem. Developers will use the token to pay for fees and other transactions. These utilities could see $BPEP’s value soar once it launches on exchanges, and early investors could enjoy massive ROI.

Read more about the Bitcoin Pepe project here.

Bitcoin Pepe’s presale tops $7.7m

The presale is an excellent opportunity for investors to purchase the $BPEP token at a discount. It is currently the first meme initial coin offering (ICO) on the Bitcoin blockchain and has gained widespread adoption among investors. 

Bitcoin Pepe has raised over $7.7 million so far and will use the funds to develop some of its products and services. The project could gain massive adoption as its L2 could become home to various meme projects. 

Investors can buy $BPEP via the Bitcoin Pepe website. Accepted modes of payment include ETH, USDT, USDC, BNB, and SOL.

Want to participate in the Bitcoin Pepe presale? Visit the official website today.

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