Shiba Inu News: SHIB to Crash or Explode 17x?
The latest Shiba Inu news indicates that the meme coin is poised for significant downside momentum due to its bearish structure. The daily chart reveals that SHIB, the native token of the meme coin, has formed a bearish candlestick pattern at the resistance level, suggesting a potential major price decline. Shiba Inu News: $197k Worth of Long Position At Risk In addition to this, another major Shiba Inu news is the potential liquidation of $197K worth of long positions, as revealed by the on-chain analytics tool CoinGlass. In the past 24 hours, traders have identified two key levels: $0.00001251 as the support and $0.00001327 as the resistance. At these levels, they have built $196.95K worth of long positions and $1.47 million worth of short positions. However, at press time, the SHIB price was moving near the lower boundary of the meme coin’s support level. If it reaches that level, the entire $197K worth of long positions could be liquidated. Current Price Momentum At press time, SHIB was trading near $0.00001265 and had registered a price decline of over 8.50% in the past 24 hours. During the same period, investor and trader participation plummeted, leading to a 22% drop in trading volume. This decline in trading volume, along with the falling price, indicates weak downside momentum in the asset and could slow down its overall movement. The downside momentum may fade if bulls re-enter the market. Also Read: HBAR News: ETF Delay Triggers Panic, Will $0.154 Hold? Experts’ Bullish View on SHIB Investors and analysts see this price decline as a correction and are making bold predictions on X (formerly Twitter). In a post on X, one analyst noted, “Everything is just getting started for SHIB,” and further added that SHIB has the potential to soar 17x in the coming days. He concluded by saying, “Just hold and be patient.” This post gained widespread attention from crypto enthusiasts. Shiba Inu (SHIB) Price Action and Technical Analysis According to expert technical analysis, the latest Shiba Inu news suggests a bearish outlook, with the possibility of notable downside momentum. The daily chart reveals that the meme coin has been consistently facing resistance from a descending trendline since the beginning of May 2025. Historically, each time SHIB reached this resistance level, it experienced a significant price decline. Given the current market sentiment, it appears that history may be repeating itself. SHIBUSDT Daily Chart | Source: Trading View Shiba Inu News: Will Meme Coin Crash Ahead? Based on recent price action and historical patterns, if the sentiment remains unchanged, there is a strong possibility that Shiba Inu could turn bearish, with the price potentially dipping over 20%. However, this bearish outlook would likely play out only if the meme coin falls below the $0.00001188 level—otherwise, the thesis may fail.
HBAR News: ETF Delay Triggers Panic, Will $0.154 Hold?
In recent HBAR news, Hedera (HBAR) price fell by 6% over the past 24 hours. As a result, this has brought fears of more downside action. The decline followed a failed attempt to sustain recent gains earlier in the week. HBAR News: Reversed Gains as Downtrend Persists Notably, HBAR price saw a short-lived rally at the beginning of the week, gaining as much as 13% before facing renewed selling pressure. The momentum was not enough to escape a persistent month-long downtrend. As a result, the price retreated sharply and is now back to levels seen at the start of the week. Consequently, the 6% drop within a day has brought HBAR closer to a key support level at $0.167. This level will be closely monitored by traders as a potential inflection point. If selling continues, HBAR may retest lower support at $0.154, marking a new monthly low. The market structure continues to lean bearish as previous attempts to form higher highs have failed. Bearish CMF Underscores Investor Skepticism Further on HBAR news, the Chaikin Money Flow (CMF) indicator was in the negative territory, sitting below the zero line. This shift indicated that capital outflows are exceeding inflows, suggesting weakening demand for HBAR. Negative CMF values are typically associated with bearish sentiment and reduced accumulation. Additionally, investor behavior appeared cautious as sentiment failed to improve despite earlier gains. The lack of strong inflows is further evidenced by the limited volume on green candles compared to red ones on HBAR’s daily chart. Unless inflows return in force, the current trend may persist, placing additional pressure on support levels. Also Read: Chainlink Price Prediction: Will LINK Hit $20 Next? Squeeze Momentum Indicator Signals Volatility Ahead More so, technical indicators also pointed toward possible price turbulence. The Squeeze Momentum Indicator (SMI) has recently printed black dots, indicating that the market is entering a squeeze phase. This setup often precedes a breakout or breakdown, depending on the direction of momentum that follows. Currently, the SMI histogram bars remain red, reflecting negative momentum. If this continues, HBAR could face another leg downward, especially if it fails to hold support at $0.163. However, if the bars begin to turn green, it may suggest a change in momentum and open the possibility for a short-term rebound. ETF Delay Adds Pressure to HBAR News In other HBAR news, the U.S. Securities and Exchange Commission (SEC) delayed its ruling on the proposed spot HBAR ETF from Canary Capital. This has added pressure to an already fragile outlook for Hedera. After investors anticipated a verdict by June 11, the abrupt pause and 45-day extension have introduced new uncertainty. This regulatory delay followed a sharp 6% daily price drop and declining investor sentiment, weakening confidence in HBAR’s near-term recovery potential. Moreover, investors had priced in the possibility of a decision that could inject momentum into the asset. However, with the SEC opting to prolong its review amid broader caution on altcoin-based ETFs, speculative interest has cooled. HBAR News: Price Recovery Requires Break Above $0.172 For any shift in sentiment to occur, the HBAR price has to rise above the immediate resistance at $0.172. A move beyond this level may mark a break in the short-term downtrend and could pave the way for a test of $0.180. Additionally, sustained movement above $0.180 may allow the altcoin to revisit $0.188 soon. Until then, the broader outlook is cautious. Without a confirmed breakout or surge in investor demand, the bearish setup continues to dominate.
Chainlink Price Prediction: Will LINK Hit $20 Next?
Chainlink (LINK) has been making steady progress in recent weeks, signaling a bullish Chainlink price prediction. After experiencing a series of price fluctuations, LINK is now facing critical resistance levels. With the market showing growing interest, LINK’s price is poised to break out above the $20 mark. This level is seen as pivotal for further gains, as LINK’s performance could influence broader market sentiment. Market Sentiment and Leverage Driving Chainlink’s Upward Trend Chainlink’s price has been rising steadily, currently trading at $15.31, a 6.46% increase in the last 24 hours. The price recently moved up from $14.36, reaching a new peak. However, the key resistance level remains around $16.00, which has proven difficult for LINK to break through in the past. This level is crucial in determining whether the price can move further into higher territory, with $20 being the next target. The growing market interest is reflected in a significant surge in trading volume, up 77.61% to $550.5 million. Increased volume suggests heightened participation, potentially driving further price growth. Alongside this, open interest has risen, signaling more traders are taking bullish positions on Chainlink. Market sentiment remains positive, especially on platforms like Binance, where many traders are betting on LINK’s price to break through the $16 resistance. While the market is showing strong upward momentum, caution is advised due to potential volatility, especially if leveraged positions face liquidation. Also Read: Dogecoin Prediction: Why Experts Believe DOGE Could Explode Soon Chainlink Price Prediction: Derivatives Data Analysis Shows Rising Interest The derivatives market for Chainlink shows significant activity, highlighting an increasing interest from traders. The open interest in LINK futures has grown by 10.25%, standing at $695.69 million. This increase indicates that traders are taking on larger positions, betting on LINK’s price direction. The volume for LINK options also reflects a rising engagement, though no specific figures are provided. In terms of long and short positions, the long/short ratio suggests a balanced but slightly bullish market. On Binance, the LINK/USDT long/short ratio is 2.45, meaning there are more long positions than short ones. his shows a generally optimistic outlook among traders for LINK’s future performance. However, on platforms like OKX, the sentiment is more neutral, with a 1.61 ratio indicating a moderate level of bullishness. Source: CoinGlass The market also shows signs of potential short squeezes, with short liquidations outweighing long liquidations in recent hours. The total liquidation figure of $1.18 million over the past 24 hours highlights the potential risks in the current market. Liquidations in both long and short positions are notable, as they can result in sharp price movements. This risk makes it important for traders to stay alert to shifts in market sentiment. Also Read: Technical Indicators Suggest Potential for a Breakout Chainlink (LINK) is changing hands at $15.303, representing a minor gain of +0.04% in the last 24 hours. The market has been unable to decide on the price as it has been range-bound between $15.00 and $16.00. However, the bullish trend that has been formed lately after touching a low of $14.00 indicates a possible bullish reversal. The market is still hesitant, although the sentiment is bullish and traders are eyeing significant levels to explode higher. The MACD indicator depicts a minor positive momentum, as the MACD line is at 0.135, above the signal line (0.270). The histogram is in retreat, but it is still positive, which reflects buying pressure. The Awesome Oscillator, at the same time, is also bullish with a current value of +1.263, which indicates a very strong market momentum. Moreover, both signs provide evidence that the existing purchasing power may be subsiding, and it is essential to exceed $16.00 to ensure that the additional bullish momentum is present. The important support is still at $14.00 to $14.50, and the resistance is at $16.00. Provided that LINK manages to break above $16.00, the rise towards $17.00 or even more becomes possible. A failure to achieve this, however, might result in a pullback to support levels, more so when the momentum falters.
Dogecoin Prediction: Why Experts Believe DOGE Could Explode Soon
Dogecoin prediction suggests that the meme coin is bullish and poised for upward momentum. The four-hour chart shows DOGE breaking out of a long-term downtrend. It has successfully moved past the descending trendline. Now, Dogecoin has started its upward momentum. Bold Dogecoin Prediction by Crypto Experts Following the breakout and the market sentiment shift, investors and analysts have shown strong interest and confidence in the meme coin. On X (formerly Twitter), bullish posts from experts and analysts have flooded the platform. Some analysts believe Dogecoin could rise to $1. Others predict it may reach $1.10 soon. Some long-term forecasts even suggest DOGE could eventually hit $10. An analyst highlighted a Dogecoin prediction based on the weekly chart. DOGE is in a logarithmic uptrend within a clear ascending wedge pattern. Now, history seems to be repeating itself, signaling potential upward momentum. The post also stated that every time DOGE touches the bottom of this wedge, it records a massive upside rally. DOGE surged from $0.06 to $0.23, marking a 290% rally. Later, it climbed from $0.09 to $0.50, achieving a 440% gain. Now, the price is once again at the bottom of the wedge. If history repeats itself, DOGE could soar by 740% this time, targeting the $1.10 level in the coming month. The analyst’s detailed evaluation has drawn significant attention. It has sparked optimism among investors that DOGE could surge parabolically soon. Also Read: Whales Scoop 120M ADA as Cardano DeFi Prepares to Welcome Bitcoin Current Price Momentum At press time, DOGE was trading near $0.192, having recorded a 2% price drop in the past 24 hours. This sudden dip saw the price plummet from $0.2033 to the current level. During the same period, participation from traders and investors skyrocketed, leading to a 16% surge in trading volume. However, this rise in trading volume while the price declines suggests strong downward pressure. This indicates that sellers may dominate the market and that a further price drop could be imminent. Dogecoin (DOGE) Price Action and Technical Analysis According to expert technical analysis, the Dogecoin prediction suggests that the meme coin is uptrend. Also, the recent price dips might be a short-term correction. Per the four-hour chart, the coin recently broke out of a descending trendline. This paved the way for a potential massive rally. A strong rally could be seen if DOGE stays above the $0.185 level. Dogecoin prediction suggests a potential 33% surge. This could push its price up to the $0.255 level. If sentiment weakens, DOGE may drop below the $0.185 level. Dogecoin prediction indicated a potential 10% decline. This could bring its price down to $0.167 soon. DOGE faces resistance at the 200 Exponential Moving Average (EMA). This suggests that the meme coin is in a downtrend on the shorter time frame. The Relative Strength Index (RSI) stood at 49, reflecting a neutral momentum that signals indecision among traders. This level suggests the market is neither overbought nor oversold. It is currently at a critical turning point. A surge in buying pressure could push prices higher. A wave of selling could trigger a major decline.
Whales Scoop 120M ADA as Cardano DeFi Prepares to Welcome Bitcoin
After bouncing from support around $0.62 last week, Cardano’s (ADA) price recovery has stalled below the $0.70 mark. At about $25 billion, the token is trading near $0.68 and is down slightly more than 1% on Tuesday. In contrast, major cryptocurrencies such as Bitcoin and Ethereum have been doing well. This slow uptrend is in sync with the launch of the Cardinal protocol, a project that looks to integrate Bitcoin into the Cardano DeFi ecosystem. Meanwhile, whale wallets have been accumulating over 120 million ADA, worth more than $120 million in the last 48 hours, indicating growing institutional confidence. Whales Intensify Accumulation as Market Sentiment Turns Bullish In the last two days, whales have bought over 120 million ADA, causing Cardano to see a huge spike in large wallet accumulation. Institutional investors have been showing strong signals of confidence in recent weeks, and this is one of the strongest. The on-chain data shows that these purchases were made during ADA’s attempt to bounce off of multi-week lows. Bitcoin and Ethereum have also led the broader crypto market to bullish momentum. Bitcoin is trading at around $109,600, up 3.81% in the last 24 hours, while Ethereum has gone up 7.61% to $2,678. Global market cap has hit $3.57 trillion and the Fear & Greed Index is at 71, meaning everyone is confident. Despite this, Cardano is still within the top ten cryptocurrencies by market cap and has managed to record over $800 million in daily trading volume. But, ADA still trades below its key resistance levels. Liquidity is increasing and long positions are building but a sustained breakout will need to be above $0.70 and $0.77. Also Read: Solana News: SG-FORGE Picks Solana for USD Stablecoin Launch Cardinal Protocol Bridges Bitcoin to Cardano’s DeFi Layer Adding to the bullish momentum, the launch of Cardinal represents a significant milestone for the Cardano ecosystem. Cardinal is a decentralized protocol that lets Bitcoin holders utilize DeFi services such as lending and borrowing directly on the Cardano blockchain. Wrapped UTXO and MuSig2 cryptographic security mechanism eliminates centralized intermediaries. This protocol is compatible with Ethereum, Solana, Avalanche, and other networks. Off-chain verification is done using BitVMX, while on-chain validation is done using Cardano’s smart contracts. This allows for a seamless integration between Bitcoin and the Cardano DeFi ecosystem without the need for custodians. The system is not yet production-ready, but the developers confirmed that they continue to make improvements until they reach a full version 1.0. Users can burn wrapped tokens and get native Bitcoin at any time with greater trust and flexibility thanks to Cardinal. This is expected to make Cardano a stronger force in multi-chain DeFi development. Technicals Show ADA Pressing Against Key Resistance At press time, Cardano is trading at around $0.68 and is getting close to a critical resistance level at $0.72. On the 3-day chart, ADA has been moving inside a descending parallel channel since early Q1 2025. The price action is close to the channel midline, and a close above $0.70 would confirm a possible breakout from this formation. Rising demand and increasing volume are indicated by technical indicators. The whale accumulation and overall market rally have turned momentum positive. If ADA can keep its gains above $0.69, it could quickly move toward $0.75. Further resistance is placed at $0.77 (0.618) and $0.83 (0.5), and strong support is found at $0.62 and $0.573. In the past months, these zones have been repeatedly tested. If ADA is rejected from current levels, it could fall back to the lower channel boundary, but buying pressure continues to keep bulls in control.
Solana News: SG-FORGE Picks Solana for USD Stablecoin Launch
Solana news is making rounds as Platform SG-FORGE from Societe Generale announced it will introduce a USD-backed stablecoin, USDCV. It plans to launch them on the Ethereum and Solana blockchains. This is the second time Societe Generale’s crypto team is building a stablecoin. The USD CoinVertible will be launched in July 2025. Steady growth is associated with SG-FORGE, a subsidiary of Group Societe Generale, in the world of crypto, owing to its trusted stablecoin offerings. SG-FORGE successfully launched its initial EUR CoinVertible stablecoin on Stellar earlier this year and is now looking to introduce a USD CoinVertible stablecoin. Solana News: SG-FORGE’s Strategic Move into USD Stablecoins According to the company’s strategy, the move intends to offer more services for cryptocurrency customers by producing stablecoins supported by fiat currencies. The coming USD Coin stablecoin will be attached 1:1 to every US dollar token and will function on Ethereum and Solana, according to the firm’s report. The main goal of having two chains is to let users on both platforms enjoy greater flexibility and scale in blockchain solutions. The USD CoinVertible ensures clients can quickly convert USD and EUR currency to stablecoin so they can make quick and secure transactions on the blockchain. Like the euro version, USD CoinVertible will also be backed by real-world assets and is expected to remain steady. SG-FORGE ensures transparency regarding the assets backing the loans. Users and regulatory bodies can check the reserves held by IAT regularly, as updated information is posted on the company’s website. The Bank of New York Mellon Corporation, among the world’s top custodians, will make all the necessary arrangements for safely holding the USD Coin. Because of this partnership, the coins in the reserve are managed using top security features and professional accountability. SG-FORGE wants to serve the steadily rising demand for stablecoins in the crypto market. Podstrong USD CoinVertible will allow both businesses and individuals to interact more securely and stably because the stablecoin market mainly focuses on the U.S. dollar. Also Read: Will Pi Coin Recover? User Complaints Rise Over Missing Tokens After KYC CEO’s Vision and Market Outlook Jean-Marc Stenger, CEO of SG-FORGE, stated that launching a USD-backed stablecoin was the right step, given that stablecoins are being adopted by more people worldwide. Stenger further noted, “After the release of a MiCA-compliant EUR stablecoin (EURCV), the launch of a US Dollar version (USDCV) was the obvious next step for Societe Generale–FORGE as market adoption of stablecoins is growing exponentially. The stablecoin market remains largely US Dollar denominated. This new currency will enable our clients, either institutions, corporates or retail investors, to leverage the benefits of an institutional-grade stablecoin” As per the CEO, having the USD CoinVertible would add value to clients, including financial institutions, companies, and everyday individuals, who would have greater access to institutional-grade stablecoin services. Solana Performance and the Potential Impact The USD Coin will initially operate on Ethereum and Solana, which are known to be among the most respected blockchains in the crypto world. The fact that the platform executes transactions quickly and charges few costs is a key reason that Solana saw strong growth and became a good home for the stablecoin. Solana’s chart below demonstrates how it has trended upward in the past month. On this day, Solana (SOL) rose to a resistance level of $159.59. At the same time, high trading volume reflected people’s confidence about the market’s future. The price pattern on the chart suggests that Solana is ready for a potential surge that could attract more users for blockchain-related stablecoins, including USD Coin. If we look at the Solana 1-hour chart, the trend is upwards, as the price went from $146 in early June to $159. Because of this, there is strong support for further price increases coming from regular buying near an established uptrend line. The resistance level at $160 should be noted, as it might affect the direction of prices going forward. As of press time, Solana’s price was $158.12, up 1.32% in the previous 24 hours, and its trading volume had increased by 24.73%. This means that Solana’s market is active based on the Solana news.
HBAR News: Will ETF Approval Spark a Massive Price Surge?
HBAR news: Hedera is showing signs of recovery after weeks of price pressure. A key technical reversal and support hold have created space for bullish continuation as traders regain confidence. HBAR News: HBAR Avoided $37.2M Liquidation by Holding $0.163 Support In recent HBAR news, the price movement has helped long-position holders avert substantial losses. According to data from Coinglass, if HBAR price had fallen to the $0.163 support level, approximately $37.2 million worth of long positions would have been at risk of liquidation. However, the asset bounced before reaching that threshold, reducing immediate downside pressure. Consequently, this development provided stability to the market as traders avoided cascading liquidations. The avoidance of such a scenario allowed bullish sentiment to return. Additionally, the support level at $0.163 has now become a critical area for monitoring. Future dips toward this zone could once again trigger large-scale liquidations if broken. HBAR ETF Verdict for Canary’s HBAR ETF Expected June 11 In other HBAR news, the U.S. Securities and Exchange Commission is expected to announce its decision on the spot HBAR ETF on June 11. According to Gilmore Estates, the ruling could determine whether HBAR joins other crypto assets in gaining ETF approval. Notably, Grayscale’s Hedera Trust and Canary’s HBAR ETF are listed with pending SEC deadlines. The Grayscale product faces its first review by July 8, while Canary’s initial deadline arrives June 11. Traders await clarity as speculation grows over whether approval or delay will follow. MACD Crossover Signals the End of Bearish Momentum Amid the HBAR news, technical indicators have begun to show early signs of a momentum shift. The Moving Average Convergence Divergence (MACD) has recorded a bullish crossover. This change marks the first time in over three weeks that the MACD line has crossed above the signal line, suggesting a potential trend reversal. More so, the bullish crossover indicated an improving sentiment among market participants. It suggests that buying interest is starting to outweigh selling pressure, which may lead to an upward movement. This reversal aligns with the broader market recovery observed across other altcoins over recent sessions, supporting the case for sustained traction in HBAR. HBAR Now Trades Just Below the $0.182 Resistance At the time of writing, HBAR is priced at $0.179. It is currently testing the resistance level at $0.182, which has acted as a barrier to further upward moves in previous attempts. If HBAR can close above this resistance, the next price target could emerge near the $0.189 mark. In addition, flipping the $0.182 level into support could help maintain the current bullish momentum. Such a move would signal market strength and encourage additional buying activity. On the other hand, rejection at this level may lead to renewed selling pressure, which could push HBAR back to the $0.172 support level. Maintaining price action above the $0.172 mark is crucial. A drop below it could open the way for another retest of the $0.163 support. A breach of that support would increase the risk of another wave of liquidations, potentially dampening near-term optimism. HBAR Price Prediction Based on recent price action, if HBAR maintains its position above the $0.175 level, there is a strong possibility it could soar by 22% and reach the $0.224 level in the near future. On the other hand, if this upward momentum fades and HBAR falls below the $0.17 level, the asset could experience a notable price decline. At press time, following the breakout of the descending trendline, the asset is facing resistance from the 200 Exponential Moving Average (EMA). Which seems to be the main reason for HBAR’s hurdle. The 200 EMA is a technical indicator that is used to determine asset trend, based on where it moves, whether moving above the asset’s price or below it. If the 200 EMA is trading above the price, it means that the asset is in a downtrend, else in an uptrend. Also Read: DeepSeek’s Bold Prediction for Cardano Crypto: Will ADA Hit $7? Hedera Market Cap Growth Gains Analyst Attention Further on HBAR news, a new research report highlighted Hedera’s rising market capitalization, with Gate.io estimating growth of $3 million monthly. An analyst cited Hedera’s expanding role in Web3 through enterprise applications, tokenized assets, and consistent performance across digital finance sectors. Moreover, the report compared Hedera’s adoption trajectory to traditional finance benchmarks, noting strong institutional recognition. Its continued development across payment systems and enterprise use cases reflects increasing market confidence in the network’s scalability and long-term potential.