Chainlink price could be on the verge of a bullish breakout after testing a crucial resistance, forming a bullish divergence, and as its exchange outflows rise. Chainlink (LINK) was trading at a crucial resistance point at $12.
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.
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.
Chainlink network is heavily bolstered by growing fundamentals and a positive regulatory outlook in the United States. LINK bulls must defend the support level above $9.4 to invalidate further capitulation in 2025. Chainlink (LINK) price has been trapped in a multi-week falling channel since the second inauguration of the U.S. President Donald Trump.
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.
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.
Bitcoin (BTC) has risen above $85,000, signaling that the bulls are trying to form a higher low at $83,000. The short-term price action remains susceptible to news related to the US tariffs and the ongoing trade war with China.Gold has been a clear winner during the current bout of macroeconomic uncertainty.
PEPE is up by double-digits in the past week.
The cryptocurrency price prediction for today, April 16, suggests choppy moves will continue as Bitcoin price defends $80,000 while Ethereum holds on to the $1,500 support level. Meanwhile, macro trends are shifting as President Trump considers pausing auto tariffs.
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.
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.
Chainlink is testing its key support as traders weigh bullish structure against weak on-chain signals.
Following the breakout of the descending trendline, PEPE's price is poised for a 20% upside move.
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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%.
The crypto market registered a marginal increase over the past 24 hours, rising almost 1% to $2.7 trillion. Cryptocurrencies saw a mixed performance, with Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) trading in the green while others registered notable declines.
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.
Pi Network's integration with Chainlink, and possibly with Ethereum, comes as its native token trades around the $0.75 resistance level.
The crypto markets continue to demonstrate their unpredictable nature as both Toncoin (TON) and Chainlink (LINK) face fluctuating fortunes. Toncoin recently endured a rocky week showcasing dramatic volatility. Meanwhile, Chainlink finds itself under cautious investor scrutiny. Although both assets hold potential for recovery, their turbulent movements highlight a recurring theme in crypto markets.
Exciting news has hit the crypto space as Chainlink (LINK) joins PayPal and Venmo's growing list of supported cryptocurrencies. This expansion opens new doors for LINK holders, adding ease and flexibility to buying, selling, and transferring. Additionally, analysts are predicting a 35% price surge for LINK if it breaks a key resistance level at $15.68.
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.
Chainlink (LINK) is showing renewed promise after a fresh retest of a crucial support level, hinting that the bulls may be gearing up for the next phase of its upward move. The recent bounce off this key support area, previously acting as a barrier, reinforces the idea that the level has now become a strong foundation.
A 35% gain in just one week has put Pi Network back in the spotlight after its Chainlink integration. Analysts say a 200% surge is possible.
Pi Network growth is now backed up by Chainlink's Data Streams, providing real-time price tracking services on DeFi.
While the global crypto market is slowly recovering from the impact of Trump's tariff talks, one altcoin is stealing the spotlight — Pi Network (PI). In just a week, Pi coin has gained nearly 50%, climbing to $0.75. And now, with a new integration by Chainlink, the Pi community is seeing bullish hope.
Bullish momentum is building around the Pi Network token, with the price targeting a breakout to new highs after integrating with the Chainlink network. This integration has fuelled optimism that Pi Coin will soon gain adoption from top centralized exchanges.
Chainlink (LINK), a leading decentralized oracle network, has integrated Pi Network into its Data Streams ecosystem, enabling real-time pricing data access.
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?
THIS zone remains a critical inflection point for FLOKI's price action.
LINK might be retesting a key resistance at around $12.5 as metrics point to further decline on the charts.
FLOKI might be brewing its next big breakout on the charts.
Ethena Labs has partnered with Chainlink, Harris & Trotter, Chaos Labs and LlamaRisk, to launch proof of reserves for its synthetic dollar stablecoin.
Bitcoin (BTC) is showing strength as buyers have pushed the price above $82,500, but higher levels are likely to attract solid selling from the bears. CryptoQuant analysts said in a recent market report that Bitcoin could face resistance around $84,000, but if the level is surpassed, the next stop may be $96,000.Although trade tensions between the United States and China have flared up, institutional crypto investment firm Bitwise remains bullish on Bitcoin.
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The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion.
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.
This new development opens the door for seamless onboarding of Bitcoin Liquid Staking Tokens (BTC LSTs). For example, Lombard Finance's $LBTC, from Ethereum to Injective.
Conflux (CFX) has announced the closure of its Bounty platform as part of a strategic realignment, effective April 14, 2025. Users are advised to manage remaining balances promptly.
GalaChain expands its reach by launching $GALA on KoinBX, a leading Indian crypto exchange, aiming to enhance accessibility for over 1.5 million users.
$GALA token now bridges GalaChain and Solana, enhancing interoperability and use cases, according to Gala News.
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