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Cryptocurrency News Articles
Is the next big meme coin breakout already taking shape? The FARTCOIN price surge after a whale pulled $127K profit has stirred up major excitement
Apr 30, 2025 at 03:41 am
Drawing inspiration from the legendary dragons of GoT lore, Dragoin's tap-based game invites users to earn while they play
The latest Fartcoin price surge has seen a whale bank $127K after selling 2.69 million tokens at $0.92 each. The sale, which brought a $2.47 million value, sparked a massive spike in trading volume, doubling the daily average to 4.3 million tokens within just one hour.
Technical charts backed up the excitement, showing a bullish engulfing candle and a strong MACD crossover as momentum continues to build. With the Relative Strength Index (RSI) holding at 62, Fartcoin has stayed just below overbought levels, which might indicate that the trend has more fuel to burn through yet.
Following the whale's exit, community activity exploded, with over 12,500 wallets interacting with Fartcoin in just 24 hours. This demonstrates that the Fartcoin price surge isn't solely driven by one trader, as it's also pulling in broader attention from retail traders.
Experts who have been following the charts closely believe that if positive sentiment can be maintained, then Fartcoin may either kick off another meme-driven run or begin consolidating strongly in the coming days.
Tight Bollinger Bands Hint at Breakout in XRP Price Analysis
The latest XRP price analysis shows that XRP is trading hands at $2.0949, and the price of the token is seen to be ranging between the $2.05 and $2.23 pivots.
Further technical analysis reveals that Bollinger Bands on the daily chart have narrowed significantly, setting the stage for a sharp move. XRP is currently holding just above the midline, a bullish signal that is backed by the formation of consistent higher lows on the 4-hour chart.
Moreover, the repeated testing of the $2.10 resistance and the 20-period moving average, which offers strong support, suggest that buyers are accumulating at lower prices.
Zooming in further, the one-hour chart reveals an ascending triangle, with XRP forming higher lows while facing horizontal resistance at $2.10. This structure aligns with the broader bullish signals seen across timeframes.
If XRP can break above $2.10 with strong volume, then experts expect a quick rally toward $2.23 and possibly $2.40 shortly after.
Based on the current XRP price analysis, as long as the price stays above $2.05, the momentum stays with the bulls, and today could mark the beginning of a fresh move higher.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Ethena (ENA), a synthetic dollar protocol built on Ethereum, gaining attention for its recent price action and potential for growth.
- Apr 30, 2025 at 03:30 pm
- A recent analysis shared on X by prominent crypto trader Scient has sparked optimism among ENA holders, predicting a significant upward move in the token's price.
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- Trump Media & Technology Group (TMTG) Has Made Public Their Consideration of a Utility Token for a ‘Truth Digital Wallet’
- Apr 30, 2025 at 03:25 pm
- Trump Media & Technology Group (TMTG) has made public their consideration of a utility token for a ‘Truth digital wallet’. The information became known through a letter
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- Despite Poor Performance, Ethereum (ETH) May Be Sitting in a Market Bottoming Zone
- Apr 30, 2025 at 03:20 pm
- Ethereum has underperformed in recent years including Q1 of 2025. However, based upon a number of metrics, the recent Q1 2025 Signals Report released by Fidelity indicates that Ethereum is undervalued.
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