Hedera (HBAR) is showing mixed signals as it hovers at a key technical juncture. Its market cap is currently at $7 billion.
Revitalized activity after certain much-awaited upgrades has Hedera Hashgraph taking the number one spot on DeFi.
TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.
In the latest cryptocurrency market update, Bitcoin (CRYPTO: BTC), Solana (CRYPTO: SOL) and Pepe (CRYPTO: PEPE) are all demonstrating potential signs of a bullish reversal, indicating a possible recovery from recent bearish trends. What Happened: According to data, Bitcoin is testing a key technical formation that could reverse its recent bearish trends.
Demand for AI-themed tokens soars, as it captures 35% of global interest throughout Q1 2025.
Hedera's HBAR token has been facing notable volatility in recent days, as its price continues to struggle against a downtrend that has persisted for several weeks.
AI agent tokens and meme coins both took a hit in Q1 as the broader crypto market fell 18.6% from market peaks in January. But both sectors dominated the crypto narratives over the same time period.
Pepe (PEPE), one of the most recognized meme coins, is showing early signs of a bullish reversal, mirroring a recent setup seen in Solana. The token has broken above its 50-day Exponential Moving Average (EMA), a critical resistance level that historically marks the start of upward trends.
Bitcoin is showing signs of recovery as it tests a crucial technical formation that has the potential to change the perception of its recent bearish trends. The market leader may be on the verge of invalidating the death cross, a bearish signal that occurs when the 50-day moving average crosses below the 200-day moving average following weeks of consolidation and erratic trading.
The crypto market registered a substantial drop on Wednesday before recovering towards the end of the day after Federal Reserve Chair Jerome Powell flagged concerns about inflation and slowing growth due to tariffs. However, markets recovered as crypto remained strong in the face of adversity even though traditional stock markets took a beating.
Hedera (HBAR) is up more than 5% in the last 24 hours, showing signs of short-term relief after a rough start to April.
Sui (SUI) has performed neutrally in the past day to stand at $2.10 while Hedera (HBAR) has experienced a 1.4% uptick and currently sits at $0.1600 during what has been a choppy session with a slight bearish tone.
Russia is all set to host the Global Blockchain Forum 2025 on April 23 & 24. With 15K+ attendees from over 100 countries, the forum will focus on topics like Web3, cryptocurrencies, investments, blockchain, trading, mining, and AI.
Potential hackers may be opting for Pepe after a week of strong performance, scooping up 611 billion tokens—a testament to a potential reversal. The post 5 Mysterious Wallets Just Snapped Up 611 Billion PEPE – Is a Pump Coming? appeared first on Cryptonews.
Litecoin is fighting to break free from a tough resistance zone. Will it finally rally above $78 or sink below $70?
PEPE coin shows signs of a potential breakout with retail accumulation increasing, technical patterns forming, and a possible 796% rally by 2025.
PEPE coin is seeing renewed momentum, gaining over 2.37% in the past 24 hours and stirring bullish sentiment across the meme coin community. Could PEPE revisit its December 2024 high
PEPE sees renewed demand as technical and on-chain signals hint at a possible breakout.
PEPE's price action has been relatively quiet in the past few weeks. The meme coin has been quietly going through a continued wave of selloffs amidst the volatility in the wider crypto market.
PEPE is up by double-digits in the past week.
Hedera's HBAR has continued to face mounting bearish pressure. On-chain data shows that the altcoin has recorded over $10 million in spot net outflows within the past three days alone.
The Pepe (PEPE) price has been subdued so far since the start of the week, but could be gearing ups or a major move as pressure builds. The post Is PEPE About to Explode 100%? Here's What the Charts Just Revealed appeared first on Cryptonews.
Hedera (HBAR) has lost its $7 billion market cap as bearish momentum builds. Trading volume is down 25% in the last 24 hours to $203 million.
PEPE coin price could be on the cusp of a strong bullish breakout as it slowly forms a rare chart pattern on the daily chart. One top crypto analyst has predicted that his base case is that it could double in the next few weeks.
Following the breakout of the descending trendline, PEPE's price is poised for a 20% upside move.
$HBAR is currently trading at $0.16539, showing an interesting 5.21% recovery over the past week. The recent integration of Hedera with Nvidia and Chainlink has sparked increased demand, reflected in a rise in long positions.
The altcoin space is buzzing as Bitcoin teases a break past the $85K resistance, trading at $85,939. Frog-themed PEPE flashed bullish signs after consolidation, hinting at an October-style rally that saw it gaining over 100%.
Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.
Litecoin has long been a familiar name among cryptocurrency enthusiasts, celebrated for its speed and lower transaction costs compared to Bitcoin. Recently, after weeks of turbulent price action, Litecoin has witnessed a modest recovery, posting an impressive 7.8% increase to reach approximately $78.
For PEPE, as with other memecoins, hype may be a double-edged sword.
PEPE has staged a sharp rebound from a major support level, causing bullish speculation about a potential 100% rally. The crypto token is currently showing signs of renewed upward momentum after holding above the $0.00000567 support zone that has previously acted as a price floor on the daily candlestick timeframe chart.
Hedera (HBAR) has struggled to regain momentum after the 27% correction that took place at the end of March.
Top gainer, rising demand, breakout setup — is $0.34 FET's launchpad for a high-conviction R/R play?
Shiba Inu (SHIB) is once again under pressure as rival Hedera (HBAR) overtakes it in the crypto market cap rankings, pushing the popular meme coin down to the 17th spot. According to CoinMarketCap, HBARs market cap surged to $7.42 billion, narrowly surpassing SHIBs $7.39 billion and The Open Network (TON) at $7.36 billion.
Meme coins remained under pressure this month as market participants watched the ongoing trade war between the US and China. Bitcoin price was trading at $84,000 on Monday, while the market cap of all coins remained at $2.7 trillion.
Is a profit-taking dip looming just beneath the surface?
Hedera's native coin flips TON as altcoin competition grows swiftly: is HBAR all set for a $1 mission?
Hedera's HBAR has bucked the broader market dip to record a slight 1% rally over the past 24 hours. As of this writing, the altcoin trades at $0.17.
Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts.
Hedera (HBAR) has recovered over 5% in the past week. Despite some corrections today, multiple technical indicators flash bullish signals, suggesting a potential shift in momentum.
When traders invest their money in crypto, they are looking for assets that provide a good balance of reward and risk. For those who have a budget of only $1000, it is important to maximize the potential return.
Frog-themed cryptocurrency PEPE recently confirmed a "death cross" on its four-hour chart. A death cross happens when a short-term moving average (such as the 50 SMA) crosses below a longer-term moving average (such as the 200 SMA), indicating potential bearish momentum on the market.
Meme coins stand among the biggest beneficiaries of the market revival following Trump's tariff war reversal—so, is it time to buy the dip? The post Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day appeared first on Cryptonews.
Filecoin (FIL) was also among the top underperformers, declining 4.5% from Wednesday.
PEPE has faced price fluctuations in the last seven days. The meme coin plunged to a low of $0.000005844 within this time frame as it experienced volatility.
Even with memes like Shiba Inu and Pepe Coin surfacing, ongoing analysis remains on what might be forgotten and is likely to be volatile in the following months. Current sentiments suggest that the hope that these meme tokens are either losing zero or worth growing tenfold appears too optimistic.
In a compelling evening that brought together Web3 leaders, technologists, and innovators, Decentral House welcomed over 100 participants for a deep dive into the convergence of AI and blockchain, two of the most transformative technologies shaping the future.
PEPE's short-term price action might take an interesting turn soon