Altcoin
Crypto Investors Rush To SUI And Mpeppe As They Both Are Showing Bullish Signals
Crypto investors are always on the run for the next big opportunity. Recently, two coins have captured the attention of savvy traders: Sui (SUI) and Mpeppe (MPEPE). Both of these digital assets are exhibiting bullish signals, prompting a rush of interest as investors seek to capitalize on their potential gains.
Sui (SUI): Breaking Through Key Resistance Levels
Sui (SUI) has been making significant strides in the crypto market, particularly after its recent price surge. Over the weekend, SUI hit its highest price in two weeks, trading above $1.05. This marked a notable recovery from its low of $0.84 on August 22. The breakout above $1 is a critical psychological milestone, as it represents only the second time SUI has tested this level since its dip in mid-June.
Technical analysis of Sui (SUI) reveals a promising outlook. The current price remains above the 50-day simple moving average (SMA) of $0.80, a key indicator of ongoing bullish momentum. Moreover, both the daily Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) suggest that Sui (SUI) bulls are in control, indicating the possibility of further upward movement.
Looking ahead, new buying pressure could push SUI/USD above $1 once more, with potential resistance levels at $1.10 and $1.50. On the downside, the areas around $0.80 and $0.63 could serve as robust support zones, offering opportunities for investors to accumulate more Sui (SUI). This combination of strong support and potential for upward movement has made Sui (SUI) an attractive asset for crypto investors.
Mpeppe (MPEPE): The Rising Star in the Memecoin Market
While Sui (SUI) continues to climb, Mpeppe (MPEPE) is also gaining traction as a promising new memecoin. Priced at just $0.001777, Mpeppe offers a low entry point with the potential for substantial returns. The buzz around Mpeppe has been growing, especially among investors looking for the next big memecoin to explode.
Mpeppe (MPEPE) is more than just another memecoin; it’s a token that’s rapidly building a strong community and ecosystem. The project has positioned itself as a serious contender in the market, with plans to deliver real utility and value to its holders. This has attracted a wave of interest from both retail and institutional investors, many of whom are looking to diversify their portfolios with high-growth potential assets like Mpeppe.
The current market dynamics favor Mpeppe’s rise. As interest in memecoins continues to grow, driven by projects like Sun.Pump on the Tron blockchain, Mpeppe (MPEPE) is perfectly positioned to capture a significant share of the market. Investors are betting on Mpeppe’s potential to deliver returns similar to those seen in other successful memecoin projects.
Why Investors Are Flocking to SUI and Mpeppe
The simultaneous interest in both Sui (SUI) and Mpeppe (MPEPE) is not coincidental. Investors are drawn to assets that show strong technical indicators and have the potential for explosive growth. Sui’s technical resilience and bullish signals make it a solid investment for those looking to capitalize on price movements. Meanwhile, Mpeppe’s low price and high growth potential make it an appealing choice for those seeking, high-reward opportunities.
Both assets are benefiting from broader market trends. Sui’s price movements are aligned with Bitcoin’s testing of resistance levels around $64,000, while Mpeppe (MPEPE) is riding the wave of increased interest in memecoins. This convergence of factors makes Sui (SUI) and Mpeppe (MPEPE) attractive options for investors looking to maximize their returns in the current market environment.
Conclusion
As Sui (SUI) continues to show strength and Mpeppe (MPEPE) gains momentum, investors are rushing to secure their positions in these promising assets. Whether you’re drawn to Sui’s technical resilience or Mpeppe’s explosive potential, both coins offer compelling opportunities for growth. With bullish signals flashing for both SUI and MPEPE, now might be the perfect time to consider adding these assets to your portfolio.
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Cardano price is repeating a pattern from 2024 that experts say is a signal for a massive pump in the coming weeks. While present figures are largely underwhelming for ADA, investors are brimming with confidence for a strong reversal in the near future.
Cardano Price Can Reach $2.5 In May
According to pseudonymous cryptocurrency analyst Master Kenobi, Cardano price is exhibiting cyclical behavior. In a post on X, Master Kenobi notes that ADA’s consolidation in recent days mirrors its price action from Q3 of 2024.
At the time, Cardano’s price suffered a steep correction in early August and endured a lengthy consolidation period before rallying. Presently, Cardano’s price is consolidating after the deep in early February that sent prices to $0.49.
“ADA is currently in a consolidation phase that resembles its behavior from August-September 2024,” said Master Kenobi. “Since the dip on August 5, it hasn’t recorded a new low – just as it hasn’t now, following the dip on February 3.”
According to Master Kenobi, a lengthy consolidation phase will be the precursor for an impressive rally for Cardano’s price. The analyst theorizes that the incoming rally will send Cardano to impressive levels in May. In the short term, analysts are eyeing ADA to hit $1, citing rising whale activity and positive fundamentals.
“If this pattern holds, May could bring a massive pump, potentially pushing the price toward $2.5,” said Master Kenobi.
ADA Ripples With Bullish Activity
At the moment, Cardano price is trading at $0.6646, a far cry from its all-time high of $3.10. Despite the lull in price action, the ecosystem is brimming with bullish activity for higher valuation.
Investors have their eyes on $10 after ADA outperformed top S&P 500 companies in a strong show of resilience. Futhermore, increased whale activity in the space is signaling an impending rally for ADA as community sentiment reaches an all-time high.
Analysts have opined that an ADA rally to $10 is not a crazy prediction, citing a slew of positive fundamentals for the network. However, pundits are urging investors to brace for multiple corrections in the march to reach a valuation of $10.
Aliyu Pokima
Aliyu Pokima is a seasoned cryptocurrency and emerging technologies journalist with a knack for covering needle-moving stories in the space. Aliyu delivers breaking news stories, regulatory updates, and insightful analysis with depth and precision. When he’s not poring over charts or following leads, Aliyu enjoys playing the bass guitar, lifting weights and running marathons.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto analyst Egrag Crypto has again provided a bullish outlook for the XRP price. This time, he alluded to historical trends to explain why the altcoin can hit a new all-time high (ATH) in 90 to 120 days.
Why The XRP Price Can Hit ATH In 90 To 120 Days
In an X post, Egrag Crypto alluded to historical patterns to explain why the XRP price can hit a new ATH in the next 90 to 120 days. He noted that the RSI chart shows important historical patterns and stated that the altcoin usually has two peaks during its bull runs.
The crypto analyst further revealed that in 2021, the second peak occurred after 90 days, while in 2017, it occurred after 120 days. Based on this, Egrag Crypto affirmed that this historical timeframe provides market participants with a potential for a “great opportunity,” hinting at the altcoin hitting a new ATH.
In another post, he raised the possibility of the XRP price reaching a new ATH of $3.9 by May. This came as he identified an Inverse Head and Shoulder pattern, which was forming for the altcoin. The crypto analyst stated that the measured move is $3.7 to $3.9.
For now, an XRP analysis has shown that the altcoin is struggling at $2.15 amid regulatory uncertainty over SEC Chair nominee Paul Atkins. In his update on this Inverse Head and Shoulder pattern, Egrag Crypto remarked that a close above $2.24, the Fib 0.888, is the next minor target. He affirmed that the pattern is still unfolding as anticipated.
Ripple’s Native Token Could Still Drop Below $2
Crypto analyst Dark Defender has predicted that the XRP price could still drop below $2 before the next leg up. In an X post, he stated that Ripple’s native token is in the 4th Wave of the Monthly Elliott Wave structure.
His accompanying chart showed that XRP could drop to as low as $1.88 on this Wave 4 corrective move. Once that is done, the altcoin will witness its next leg up, rallying to as high as $5.8, which would mark a new ATH.
Dark Defender assured that Wave 4 will end soon and that XRP will continue to reach its targets. The crypto analyst recently affirmed that the altcoin is the “one” and explained why it would dominate Bitcoin and Ethereum.
Crypto analyst CasiTrades also suggested that XRP could further decline before its next leg to the upside. She noted that after the drop to $2.27, the altcoin showed no bullish RSI divergence, which signaled that the drop wasn’t quite done yet.
She added that the coin is now likely heading down to test the 0.618 golden retracement at $2.17, or possibly the golden pocket at $2.15 for a final low before “lift-off.” However, CasiTrades also mentioned that RSI is starting to build the bullish divergence and that the selling pressure is exhausting.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Gemini, the crypto exchange founded by the Winklevoss twins, is promoting its previously launched XRP cashback program, which offers crypto rewards to users. This initiative allows eligible participants to earn rewards on their XRP transactions. Here’s a look at the program details and the steps required to join.
Gemini Founder Unveils XRP Cashback Rewards
On March 27, Tyler Winklevoss reminded the XRP community and Ripple army on X (formerly Twitter) that they can earn rewards in the token whenever they use the Gemini Credit Card for purchases. The Gemini credit card, launched in partnership with Mastercard in 2021, allows users to choose cryptocurrencies from Bitcoin, Ethereum, XRP, and over 50 other digital assets for cashback.
Since adding XRP to its long portfolio of crypto cashback offerings in August 2023, Gemini has continued to support the third-largest cryptocurrency as an option for crypto enthusiasts. The Credit Card reward information announced by Winklevoss was well received by the XRP community.
He explained that the Gemini Credit Card allows users to earn crypto back each time they spend fiat. He clarified that this feature is only available to residents in the United States (US) currently. The Gemini founder also revealed that he has been using the Credit Card for years and has had a great experience accumulating significant crypto rewards from the cashback program.
Gemini’s Credit Card offers tiered cashback rates depending on the purchase categories. A 4% XRP cashback is offered on gas and EV charging, with up to $200 monthly. A 1% XRP cashback is available for fuel and EV charging after exceeding the monthly limit. Finally, a 3%, 2%, and 1% XRP cashback is provided for dining, groceries, and other purchases, respectively.
As XRP continues to push for widespread adoption, this Gemini cashback reward program strengthens its utility and encourages greater usability and investments.
Notably, Gemini isn’t the only crypto exchange embracing XRP in its rewards programs. Platforms like WhiteBIT and Bit2Me have also introduced similar programs. By offering an XRP cashback, Gemini and other crypto exchanges can make crypto more accessible, encourage faster adoption, and reinforce XRP’s role as a digital payment solution.
How To Participate In Gemini’s XRP Cashback
Gemini has specified that users interested in earning XRP rewards from Gemini’s cashback program must first qualify for the exchange’s Credit Card, which depends on their credit score. Approved applicants must secure their cards by June 30, 2025, to participate in the promotional offer.
The crypto exchange also stated that new cardholders could earn up to $200 in XRP cashback if they spend at least $3,000 within the first 90 days. Once earned, the XRP reward will be automatically deposited into their trading accounts on Gemini, enabling users to hold, trade, or sell whenever they wish. The Credit Card also comes with no extra annual, exchange, or foreign transaction fees, allowing crypto users to grow their portfolios continually.
Featured image from SCMP, chart from TradingView
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