Kategorie: Crypto Analysis

One of the top crypto-related news stories was that Circle, the creator of USD Coin, was considering selling itself to either Coinbase or Ripple Labs ahead of its Initial Public Offering (IPO). Such a move would likely have an impact on some cryptocurrencies. 

This article explains some of the best crypto to buy if Circle sells itself to Coinbase or Ripple Labs. They include popular coins like XRP, Bitcoin Pepe, and Stellar Lumens (XLM).

XRP 

A deal for Ripple Labs to acquire Circle would be good for the XRP token because of its impact on the business. The most low-hanging fruit would be to integrate USDC into the XRP Ledger network. 

Such a move would likely lead to more fees for the XRP Ledger network, which would, in turn, lead to higher fees for the network and XRP token burn. 

Also, the USDC token will complement the recently launched Ripple USD (RLUSD), which has gained a market cap of over $313 million.

The XRP token has formed an inverse head and shoulders pattern, a popular bullish sign. Its head section is at $1.1615, while the shoulders section is around $2.0. 

XRP has moved above the 50-day and 25-day Exponential Moving Averages (EMA). Therefore, there are chances that the XRP price will continue rising as bulls target the key resistance point at $3, up by 27% from the current level.

Stellar Lumens (XLM)

Stellar’s XLM is another top crypto to buy if Ripple buys Circle because it is often seen as Ripple’s little cousin. Like Ripple, it aims to be a major player in the payment industry by introducing low-cost transactions to the network. Also, the biggest part of Stellar’s business is handling USDC stablecoin.

The XLM price has remained under pressure in the past few months, moving from a high of $0.6360 to the current $02870. On the positive side, it has moved above the 50-day and 100-day EMAs. It has also formed a small bullish flag chart pattern, a popular continuation sign.

Therefore, the XLM price will likely rise in the coming weeks. If this happens, the next point to watch will be at $0.50, which is about 75% above the current level. A drop below the support at $0.2500 will invalidate the bullish outlook.

Bitcoin Pepe (BPEP)

Bitcoin Pepe is another top crypto to buy this year. Currently in its presale, the developers have raised over $10 million from investors, making it one of the best-performing token sales. 

Bitcoin Pepe is aiming to disrupt the crypto industry by launching the first meme focused layer-2 network for Bitcoin. It will be a faster network with instant finality and ultra low fees.

Bitcoin Pepe is launching at a time when there is demand for Bitcoin-based assets. For example, the total value locked in the Bitcoin ecosystem has jumped to over $9 billion, a figure that has continued to grow. You can buy the Bitcoin Pepe here.

The post Best crypto to buy as Circle considers a sale to Ripple Labs appeared first on CoinJournal.

• Dogecoin is currently trading in a falling wedge, eyeing a breakout above $0.219.
• A close above $0.22378 could signal a bullish trend reversal.
• On-chain activity is rising, boosting the long-term bullish outlook.

Dogecoin (DOGE) has experienced notable turbulence over the past week, with the popular meme coin shedding more than 11% of its value amid wider market volatility.

Although short-term losses have sparked concern among retail traders, technical analysts, and blockchain activity suggest that DOGE may be positioning itself for a much larger move.

DOGE price analysis

Over the past few days, Dogecoin has slipped from a local high of $0.25 to hover around the $0.2161 mark, reflecting a strong pullback after a sustained rally earlier this month.

Despite the apparent weakness, this decline has not invalidated the broader bullish structure that analysts have been tracking over recent months.

On the four-hour chart, DOGE is currently trading within a defined falling wedge pattern, which is widely regarded as a bullish formation when confirmed with a breakout.

Highlighting this setup, an analyst on X has noted that Dogecoin’s price has compressed between descending resistance near $0.219 and support just above $0.212, forming a tightening range.

4h $DOGE FW pic.twitter.com/aBCf1y5jaO

— #333kByJuly2025 (@CarpeNoctom) May 17, 2025

The analyst’s chart also points to Ichimoku Cloud metrics that show the price hovering within the equilibrium zone, suggesting that the current pause may precede a larger directional move.

The high-confluence support zone between $0.212 and $0.214, bolstered by the Ichimoku Span B, has already prompted intraday rebounds, hinting at strong buyer interest near that level.

Meanwhile, resistance at the upper wedge boundary coincides with the Kijun-sen (baseline) around $0.225, creating a well-defined ceiling that needs to be breached for bullish momentum to resume.

Dogecoin price outlook

If Dogecoin manages a decisive four-hour candle close above $0.219, Ali Martinez believes that the coin could quickly target the previous supply zone between $0.24 and $0.26.

This is a major area of resistance for #Dogecoin $DOGE. A breakout here could spark a new bull run!

Don’t wait for the breakout; instead, prepare for it! Go to @coinexcom, sign up using my referral link https://t.co/73n8mW9Y5p, and join me in this trade. pic.twitter.com/yh52WFBHQt

— Ali (@ali_charts) May 15, 2025

However, a breakdown below the $0.205 support level would likely open the door to steeper declines, potentially revisiting the April pivot low near $0.185.

From a medium-term perspective, Dogecoin’s weekly chart paints a more optimistic picture, especially as the token recently closed above the Bull Market Support Band.

This band, defined by the 20-week simple moving average and a two-sigma envelope, has acted as a major barrier since early February, with recent price action flipping it into provisional support.

Analyst Cantonese Cat has emphasised the significance of this breakout, arguing that a second consecutive weekly close above $0.22378 would confirm a broader trend reversal.

Despite the pullback from $0.25, the midline of the Bollinger Bands, which overlaps with the Bull Market Support Band, remains the primary pivot point for sustained bullish follow-through.

Adding further weight to this outlook, long-term chart patterns suggest Dogecoin has already completed a breakout above a multi-year descending resistance in late 2023.

According to analyst Javon Marks, this structural change, marked by higher highs and higher lows, confirms a bullish reversal from the extended bear market that began after its 2021 peak.

$DOGE and a +174% climb to its first target at $0.6533 continues to be in the cards 🃏… https://t.co/7Jt82s0jLy

— JAVON⚡️MARKS (@JavonTM1) May 18, 2025

Marks also pointed out that the recent correction found support at $0.16, establishing a higher low that strengthens the case for a continued uptrend.

Based on these developments, Marks has maintained a projected price target of $0.6533, representing a potential 174% increase from current levels.

He also noted that Dogecoin could eventually revisit its previous all-time high of $0.74 and even extend gains toward $1.25 if momentum builds and market sentiment improves.

Still, another layer of resistance remains between $0.25 and $0.26, a zone that has consistently capped Dogecoin’s price since December 2024, according to analyst Ali Martinez.

Repeated failures to break through this level earlier in the year underscore the importance of a confirmed move above it for any sustained upward move to take hold.

While the technical picture remains mixed in the short term, Dogecoin’s on-chain data adds another bullish signal to the overall outlook.

Blockchain analytics platform IntoTheBlock reported a surge in user engagement, with new addresses jumping by over 102% and active addresses climbing by more than 111% in just one week.

Additionally, zero-balance addresses, often associated with increased turnover and new activity, rose by more than 155%, reflecting renewed interest from both traders and casual users.

This resurgence in network activity coincides with a broader market rally and suggests that Dogecoin’s recent price drop may not reflect weakening fundamentals.

Should the price break above the $0.219 and $0.26 resistance zones, it may well trigger the next major rally toward the $0.65 target outlined by bullish analysts.

But until then, both traders and long-term holders will be watching key support and resistance levels closely, waiting for the signal that confirms Dogecoin’s next major move.

The post Dogecoin price prediction following the 11% drop in a week appeared first on CoinJournal.

• Whale count down to 10,205 from 10,232 in 9 days.
• SHIB trading between $0.000014 support and $0.0000152 resistance.
• EMA flattening suggests paused bullish momentum.

Shiba Inu (SHIB), the Ethereum-based meme coin, has gained 23% over the past month, reflecting broader interest in altcoins amid a relatively stable crypto market.

However, recent metrics show that the coin’s price action has entered a consolidation phase, with SHIB stuck between key support and resistance levels.

Its Relative Strength Index (RSI) has rebounded from oversold conditions but remains neutral, while whale activity continues to taper off.

These signals indicate the market may be undecided on SHIB’s next direction, awaiting a clearer catalyst for a breakout or breakdown.

RSI recovers but remains neutral below 50

Shiba Inu’s RSI, a widely watched momentum indicator, has recovered from a sharp dip.

The metric rose to 47.1 after falling to a low of 31.7 just a day earlier.

This follows a recent decline from a 6-day high of 68.4.

Despite the recovery, SHIB’s RSI remains below the neutral 50 mark, suggesting the token is neither overbought nor oversold.

This stabilisation reflects an indecisive market.

Traders are currently not aggressively buying or selling, and instead appear to be waiting for more direction.

If RSI continues to rise above 50, it could signal building bullish momentum.

Otherwise, the coin may face continued range-bound trading.

Whale count down by 27 holders in nine days

Another significant trend involves Shiba Inu’s whale wallet data.

The number of wallets holding at least 1 billion SHIB has dropped from 10,232 to 10,205 over the past nine days, a small yet telling sign of reduced interest among large holders.

Though the decline may not appear dramatic, it continues a broader pattern of fluctuation and gradual reduction in whale accumulation.

These addresses, which often hold influence over market movements through high-volume trades, seem to be stepping back.

This could reflect reduced long-term conviction, especially given the lack of strong bullish signals in recent sessions.

A resurgence in whale participation would likely be needed to support a more sustained upside move.

In the meantime, the data hints at cautious positioning among high-stake investors.

Price consolidates between $0.000014 and $0.0000152

SHIB is currently trading in a tight range, with support at $0.000014 and resistance at $0.0000152.

The token’s Exponential Moving Averages (EMAs), which previously showed bullish alignment, are now flattening out.

This further indicates the recent pause in directional movement.

If the price fails to hold the $0.0000139 level, it may fall further to $0.0000127 or even $0.0000123. On the flip side, a breakout above $0.0000152 could pave the way toward the next resistance near $0.0000176.

This technical setup highlights a classic consolidation scenario—where traders and investors are looking for signs of either renewed buying pressure or a deeper retracement.

Without a major catalyst or shift in market sentiment, sideways action may persist in the short term.

Mixed short-term sentiment amid long-term uncertainty

In the last 24 hours, SHIB has gained 3.4%, but it remains down 8.5% over the past week. This divergence shows that while some short-term buying is returning, broader price action still points to caution.

Overall, the combination of neutral RSI readings, a narrowing whale base, and flattening EMAs suggests the meme coin may continue to face resistance unless broader market enthusiasm returns or specific events trigger a breakout.

The post Shiba Inu rallies 23%, yet whale exits and RSI trends suggest slowdown appeared first on CoinJournal.

• Russia’s SWIFT exclusion in 2022 spurred alternative system planning.
• BRICS members seek autonomy in international settlements.
• XRP’s speed and cost-efficiency seen as ideal for institutional use.

A new theory circulating among cryptocurrency and geopolitical analysts suggests that BRICS nations—Brazil, Russia, India, China, and South Africa—may be working behind the scenes to develop a gold-backed financial system using Ripple’s XRP Ledger.

This comes as the bloc continues efforts to reduce dependency on the US-led SWIFT network and the dollar-dominated global economy.

While unconfirmed by any government, the theory is gaining attention due to mounting evidence of BRICS cooperation on currency independence and blockchain innovation.

How the US maintains dominance in global finance

The global financial system is largely underpinned by three core levers of Western influence: the dominance of the US dollar, the SWIFT interbank messaging system, and the liquidity framework governed by Western central banks.

SWIFT enables international banking communication and has become a tool for enforcing sanctions. In 2022, Russia was ejected from SWIFT as part of coordinated Western sanctions, prompting the Kremlin to accelerate efforts to create alternative channels for cross-border payments.

By cutting off access to dollar reserves and freezing foreign-held assets, the US has demonstrated the strategic power of financial infrastructure.

Countries seen as politically adversarial or non-aligned are increasingly wary of this system, viewing it as a vulnerability rather than a neutral platform for trade.

Why BRICS wants out of the dollar system

Each member of BRICS has its own incentive to reduce exposure to the dollar. Russia’s exclusion from SWIFT and asset seizures have forced it to pursue financial independence. China is seeking to insulate its growing economy from Western financial pressure.

India and Brazil are looking to increase autonomy in international settlements, while South Africa has expressed interest in strengthening regional currencies.

This shared objective has sparked renewed calls within the bloc for a new system of value exchange—one that does not rely on Western mechanisms.

BRICS nations have already discussed launching a shared currency backed by commodities, and gold is viewed as the most viable asset for such backing due to its stability and global acceptance.

XRP Ledger as a bridge for gold-backed trade

According to the theory, Ripple’s XRP Ledger could serve as the digital bridge between local currencies and a gold-backed reserve system. XRP was designed for high-volume institutional transfers, with a transaction time of 3-5 seconds and low fees.

Unlike Bitcoin or Ethereum, XRP offers scalability and predictable costs—key for governments and central banks processing large transactions.

In this model, BRICS would not issue a new public token but instead use XRP’s existing infrastructure to settle trades. Gold could be held in national vaults or regional repositories, and XRP would be the mechanism through which value is transferred quickly and securely.

This would allow BRICS countries to bypass SWIFT and the dollar, while maintaining compliance and auditability through the XRP Ledger.

Strategic signals and unconfirmed moves

Although no official confirmation exists that BRICS is actively testing or adopting XRP, several developments have drawn speculation. Russia has already proposed a gold-pegged stablecoin for cross-border trade with friendly nations.

China continues to expand its digital yuan pilot. Ripple has also been expanding its presence in Asia, the Middle East, and Latin America—regions aligned with BRICS interests.

The theory remains speculative, but it is rooted in a broader trend of de-dollarisation and growing interest in blockchain-based infrastructure for sovereign financial systems.

Analysts argue that if BRICS succeeds in deploying a decentralised, asset-backed settlement model, it could reshape the future of international finance and challenge the existing power structures dominated by the West.

The post BRICS may adopt Ripple’s XRP to bypass dollar in gold-backed trade push appeared first on CoinJournal.

• Key drivers include capital controls and Treasury devaluation.
• US election outcomes could accelerate or delay BTC gains.
• European policy divergence adds regulatory uncertainty.

Bitcoin is trading around $103,025, but forecasts for its long-term growth are becoming increasingly ambitious.

One of the most widely discussed predictions comes from Arthur Hayes, co-founder and former CEO of crypto exchange BitMEX, who believes Bitcoin will soar to $1 million within the next three years.

Hayes shared this estimate in a blog post published on 15 May, citing global macroeconomic factors as the primary catalysts behind such a dramatic rise.

His comments follow a recent surge in institutional interest and ongoing concerns around fiat currency stability.

Global capital controls and US Treasury risk fuel bullish case

Hayes argues that two key developments are paving the way for Bitcoin’s potential seven-figure price point: capital repatriation and the devaluation of United States Treasurys.

According to him, as governments impose tighter capital controls and attempt to manage sovereign debt, investors will seek refuge in decentralised assets.

He suggests that Bitcoin, given its finite supply and growing institutional legitimacy, will become a preferred store of value, especially in regions where economic instability undermines confidence in traditional banking systems.

He emphasises that “foreign capital repatriation” and the diminishing purchasing power of massive holdings in US Treasurys will act as core accelerants for BTC’s price trajectory.

Hayes claims these pressures are likely to intensify depending on the outcome of the next US presidential election in 2028.

His logic hinges on how the next administration might shift economic and fiscal policy, potentially hastening investor flight into alternative assets like Bitcoin.

Central banks and policy uncertainty boost Bitcoin’s appeal

Hayes’ forecast coincides with a broader divergence in policy responses across regions.

While some countries are increasing their acceptance of Bitcoin, others, especially in Europe, are considering more stringent controls.

He criticised the European Central Bank for being overly restrictive, contrasting its stance with that of China, which, despite banning crypto trading, has not outlawed private Bitcoin ownership.

He warned that attempts to suppress Bitcoin in the eurozone could backfire, likening such policies to ineffective central planning.

In his view, institutional and retail investors in these regions should act quickly to shift wealth into decentralised assets before tighter restrictions come into force.

These geopolitical risks, combined with concerns over inflation, currency debasement, and ballooning government debt, are helping to solidify Bitcoin’s image as a hedge against systemic risk.

Big players see long-term growth potential

Hayes is not alone in his optimism. Institutional leaders, including Michael Saylor, CEO of business intelligence firm Strategy, and asset management giants like Fidelity Investments, have echoed similar sentiments.

Saylor, whose firm holds the largest Bitcoin reserve among public companies, has projected a long-term valuation of $10 trillion for Bitcoin.

His personal prediction stretches even further, with a price target of $13 million per coin by 2045.

Meanwhile, Hayes’ near-term forecasts have proven to be relatively accurate.

In April, he anticipated a return to the $100,000 level, while also identifying the mid-$70,000 range as a local bottom.

These predictions aligned closely with recent price movements, bolstering his credibility among retail and institutional investors.

Although a 900% price gain from current levels might seem far-fetched, proponents argue that in an era of growing debt and diminishing trust in fiat currencies, Bitcoin’s asymmetric upside cannot be ignored.

The post Arthur Hayes sees Bitcoin at $1M by 2028: here’s why appeared first on CoinJournal.