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Vladislav Hryniv
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đŸ”„ According to NewsBTC: $XRP Price Stable Above $0.50 Recently, XRP price extended losses and traded below the $0.5250 support, like Bitcoin and Ethereum. There was a move toward the $0.5080 support. A low was formed at $0.5087 and the price is now consolidating losses. There was a minor increase above the $0.5120 resistance. Besides, there was a break above a connecting bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair. However, the pair is still trading below $0.5250 and the 100-hourly Simple Moving Average. Immediate resistance is near the $0.5250 level. It is near the 23.6% Fib retracement level of the downward move from the $0.5699 swing high to the $0.5087 low. The first key resistance is near $0.530 and the 100-hourly Simple Moving Average. A close above the $0.530 resistance zone could spark a strong increase. The next key resistance is near $0.5465. If the bulls remain in action above the $0.5465 resistance level, there could be a rally toward the $0.580 resistance. Any more gains might send the price toward the $0.600 resistance. If XRP fails to clear the $0.530 resistance zone, it could start another decline. Initial support on the downside is near the $0.5150 level. The next major support is at $0.5080. If there is a downside break and a close below the $0.5080 level, the price might accelerate lower. In the stated case, the price could retest the $0.4840 support zone.

đŸ”„ According to NewsBTC: $XRP Price Stable Above $0.50

Recently, XRP price extended losses and traded below the $0.5250 support, like Bitcoin and Ethereum. There was a move toward the $0.5080 support. A low was formed at $0.5087 and the price is now consolidating losses.

There was a minor increase above the $0.5120 resistance. Besides, there was a break above a connecting bearish trend line with resistance at $0.5150 on the hourly chart of the XRP/USD pair. However, the pair is still trading below $0.5250 and the 100-hourly Simple Moving Average.

Immediate resistance is near the $0.5250 level. It is near the 23.6% Fib retracement level of the downward move from the $0.5699 swing high to the $0.5087 low. The first key resistance is near $0.530 and the 100-hourly Simple Moving Average.

A close above the $0.530 resistance zone could spark a strong increase. The next key resistance is near $0.5465. If the bulls remain in action above the $0.5465 resistance level, there could be a rally toward the $0.580 resistance. Any more gains might send the price toward the $0.600 resistance.

If XRP fails to clear the $0.530 resistance zone, it could start another decline. Initial support on the downside is near the $0.5150 level.

The next major support is at $0.5080. If there is a downside break and a close below the $0.5080 level, the price might accelerate lower. In the stated case, the price could retest the $0.4840 support zone.

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👀 According to AMBCrypto: $FLOKI Price Stays Positive Analysis of the Floki Inu daily timeframe chart revealed a consistent uptrend over the past three days. On the 13th of May, the coin surged by over 8%, propelling its price to around $0.00018. The following day, it maintained this price level with a further 3% increase. As of this writing, FLOKI was trading with an impressive 12% increase, reaching approximately $0.00021. This upward momentum has allowed the coin to surpass its initial resistance levels at $0.00019 and $0.00020. The Relative Strength Index (RSI) indicated a strong bull trend, nearing 65 and approaching the overbought zone. Additionally, the stochastic indicator suggests that there may still be potential for further price gains. Overall, these analyses point towards a positive outlook for FLOKI in the near term.
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đŸ’„ According to CryptoPotato: $BTC , $SHIB Price Predictions After trading sideways in the past several days, the price of the primary cryptocurrency has once again headed north on May 15. It soared from $61,500 to over $66,500 in a matter of hours, currently standing at approximately $66,000 (per CoinGecko’s data). The uptick occurred shortly after the latest Consumer Price Index (CPI) data was released by the US Bureau of Labor Statistics. It showed that the inflation rate in the world’s largest economy clocked in at 3.4%, meeting previous expectations. The Federal Reserve’s goal is to decrease the annual inflation to 2%. As such, it implemented multiple measures in the past few years, including rate hikes. America’s central bank hinted at a pivot sometime this year which is seen by many industry participants as a bullish factor for Bitcoin and the entire industry. After all, lowering interest rates makes money borrowing easier, possibly sparking more interest in riskier assets such as cryptocurrencies. SHIB The popular meme coin has also experienced a substantial uptick, with its price soaring by 9% on a 24-hour scale.  Several analysts, such as the X users Ali Martinez and Dami-Defi, believe SHIB is yet to witness a bull run. The former envisioned a 20% surge should it break “the upper boundary of this descending parallel channel at $0.00002444.” Dami-Defi was even more bullish, predicting a 50% increase based on “a falling wedge pattern on the 1D time frame.” They also suggested that the entire meme coin sector will continue to flourish in the following months.
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🚀 According to NewsBTC: $SOL Price Starts Fresh Surge Solana price formed a support base near the $138 level and started a fresh increase. SOL outperformed Bitcoin and Ethereum and moved into a positive zone above the $150 level. There was a break above a key bearish trend line with resistance at $148 on the hourly chart of the SOL/USD pair. The pair even $155 resistance and spiked above $162. A new weekly high was formed at $163.76, and the price is now consolidating gains. It is holding the 23.6% Fib retracement level of the upward move from the $141 swing low to the $164 high. Solana is now trading above $160 and the 100 simple moving average (4 hours). Immediate resistance is near the $165 level. The next major resistance is near the $172 level. A successful close above the $172 resistance could set the pace for another major increase. The next key resistance is near $180. Any more gains might send the price toward the $188 level. If SOL fails to rally above the $160 resistance, it could start a downside correction. Initial support on the downside is near the $158 level. The first major support is near the $152 level. The 50% Fib retracement level of the upward move from the $141 swing low to the $164 high is also at $152, below which the price could test $150. If there is a close below the $150 support, the price could decline toward the $138 support in the near term.
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đŸ”„ According to CoinGape: Will $DOGE Price Rally Come To An End? Dogecoin managed to surge beyond $0.15 and even neared the $0.16 milestone. At the time of writing, the DOGE price soared 6.10% to $0.1556 on Thursday, May 16. Furthermore, the largest meme crypto’s market valuation spiked to $22.46 billion. Moreover, DOGE’s 24-hour trading volume shot up by 18.33% to $1.96 billion. At press time, DOGE is trading at: - $0,15501 on KuCoin exchange - $0,15508 on WhiteBIT exchange - $0,1550 on Coinbase exchange In addition, the Dogecoin futures open interest climbed 11.83% to $884.94 billion, indicating renewed interest among derivatives traders. However, short sellers dominated liquidations with $2.51 million, according to Coinglass. While the short squeeze could send DOGE’s value higher, the dump would be even more significant when shorts take charge. Analyzing the technical indicators, Dogecoin’s price dynamics are at a critical juncture. The 50-day Exponential Moving Average (EMA), currently around $0.1652, is acting as a resistance level. A breakout above this level could signal the onset of a bullish market. Moreover, it could potentially drive the DOGE price higher to the next resistance points at $0.18 and $0.20. On the other hand, the 100-day EMA, positioned at $0.1434, is providing a level of support, indicating a cushion against significant declines. The 200-day EMA, at $0.1237, serves as a major long-term support level. If the increased activity from whales results in substantial selling pressure, Dogecoin might face a bearish scenario, testing these support levels.
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đŸ’” According to AMBCrypto: $PEPE Hits New ATH Analysis of the holders’ chart on Santiment revealed a notable increase in the number of Pepe holders over the past few days. The chart indicated a rise of over 3,000 new holders within the last five days, with the current count exceeding 221,000 holders. This uptrend suggested a sustained influx of new investors, reflecting heightened interest in the token.  Also, data from IntoTheBlock indicated that all holders are currently in profit, with 100% of them experiencing gains relative to their initial investment due to the current price appreciation. Additionally, recent data from Lookonchain highlighted a significant transaction involving a wallet that has been actively accumulating the token since December 2023. Over this period, the wallet invested approximately $1.49 million to acquire 1.4 trillion tokens. However, the wallet recently sold 140 billion tokens, equivalent to around 10% of its holdings, for approximately $1.57 million. AMBCrypto’s analysis of Pepe’s price chart revealed a remarkable trend characterized by consecutive new all-time highs over the past three days. Pepe experienced an impressive surge on the 13th of May, achieving an over 13% increase and reaching an ATH of 0.0000099.  Subsequently, on the 14th of May, another notable uptick of over 6% propelled it to a new ATH of around $0.000010. As of this writing, it was trading at approximately $0.000011, marking another ATH with over a 7% increase. Furthermore, the Relative Strength Index (RSI) indicated a strong bull trend, with Pepe currently in the overbought territory. This suggested significant buying pressure and investor optimism surrounding Pepe’s price trajectory.
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