TronWeekly

Crypto World News

You are here: Home / All Posts

All Posts

Bitcoin Sentiment Turns Bullish as Social Targets $90,000 Amid Weakening Trend

By | Edited By Messam Raza,,

Bitcoin on-chain signals indicate that sentiment has moved towards the positive side, with social media conversations increasingly focusing on the possibility of the asset moving above $90,000.

At the time of writing, Bitcoin is trading at $76,638, with a 24-hour trading volume of $35.77 billion and a total market value of $1.54 trillion. The BTC has recorded a 0.66% increase over the last 24 hours.

Source: CoinMarketCap

Also Read | BlackRock Clients Trigger Shocking $112.22 Million Bitcoin Liquidation

Bitcoin Sentiment Turns Increasingly Bullish

From the information that was provided by Santiment on April 29, we can see that there is an increase in the number of bulls who believe that the price will go up during the past week. This can be evidenced by the number of references regarding bitcoin targets above $90,000-$99,000.

Meanwhile, the price is at lower levels, particularly in the bracket of $50,000 to $59,000. This indicates a weakening of fear-driven expectations.

Bitcoin Sentiment Turns Increasingly Bullish

Source: Santiment’s X Post

In general, it is observed that whenever there is more talk about lower prices, this is normally associated with periods of caution and stockpiling. However, as optimism rises rapidly, there will be a greater demand for higher prices, which could sometimes trigger sudden price changes due to expectations running ahead of reality.

Even as the price of Bitcoin stays under $90,000, there are still more targets seen higher on the Internet. In previous cycles, this discrepancy has resulted in brief pull-backs when overly bullish positions were corrected. However, it is notable that there is less bearish talk, suggesting a lack of downside support.

Bitcoin Breaks Trendline as Momentum Fades

In addition to the on-chain indicators, the technical setup appears to be deteriorating. Crypto analyst Ali Martinez noted that Bitcoin managed to break down the ascending trendline on the 4-hour time frame. The mentioned trendline was formed by creating higher lows on multiple occasions.

BTC price chart

Source: Ali Martinez’s X Post

The breakout indicates that upward momentum is not present at the moment, as BTC is trading in the region of $76,500. Breakdowns are typically seen as early indications that a reversal or consolidation period may be occurring.

Some of the significant levels to watch out for are the $75,000 level, which is acting as immediate support. Failure of this level can lead to further declines in the price. In an effort to move upwards, a break above the $79,000 level would also prove to be significant.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Toncoin (TON) Price Prediction: Will Resistance Break Push Price Toward $1.69?

Dogecoin (DOGE) Whale Down $13.7M Doubles Down with 10x Leveraged Bet

By | Edited By Messam Raza,,

Dogecoin (DOGE) has drawn renewed attention after on-chain data revealed that a major cryptocurrency whale notably increased exposure despite carrying heavy unrealized losses. The wallet, identified as 0x8d0E, supposedly opened a new leveraged long position worth millions of dollars shortly after the latest price action. This underlines continued high-risk activity among large traders.

Market analysts and traders are keenly observing the position, as leveraged bets from whales often influence short-term volatility.

Dogecoin's price chart
Source: TradingView

According to TradingView, DOGE sits at nearly $0.1036. The daily trading volume of the token is around $4.57B, and the market cap has exceeded 15.95 billion.

Also Read: Dogecoin (DOGE) Price Holds Steady: Is a Breakout Toward $0.1172 Imminent?

Whale Adds 40 Million DogeCoin With 10x Leverage

Blockchain monitoring data shows that whale address 0x8d0E, already holding an unrealized loss of almost $13.7 million, opened a 10x leverage long position on 40 million DOGE, valued at almost $4.4 million. The transaction supposedly happened within a short timeframe after the latest upward move in Dogecoin’s price action.

The decision to open a leveraged long after a price rise is generally referred to as “chasing the pump,” a strategy where traders attempt to capitalize on ongoing momentum. This approach carries increased risk, especially when using leverage, which magnifies both potential profits and losses.

Market data suggests that such large leveraged positions frequently attract attention because they can impact liquidity levels and influence short-term price swings. The scale of the trade and the whale’s prior losses have added further focus on the outcome of this position.

Existing Losses Highlight Elevated Risk Exposure

Before opening the new position, the same whale wallet was already reported to be holding significant unrealized losses estimated at $13.74 million. These losses reflect earlier trading activity that did not move in the anticipated direction.

Doubling down on exposure after losses is a strategy sometimes used by traders attempting to recover previous setbacks. Leveraged positions increase risk, making liquidation events more likely if price action shifts unfavorably.

Recent market activity has shown the coin going through price fluctuations after a period of consolidation. Some data sources indicate that whale transactions have grown during recent sessions, suggesting renewed participation from large holders.

For now, the market remains focused on whether the whale’s high-risk strategy will result in recovery from previous losses or contribute to increased volatility in the coming trading sessions.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: Dogecoin (DOGE) Hashrate Hits Record High as $800 Million Volume Signals Strength

Chainlink Surge Alert: LINK Targets $13–$18 Breakout as CCIP Boom Intensifies

By | Edited By Ammar Raza,,

Chainlink is trading at $9.20, on Wednesday, showing a marginal 0.4% daily gain while continuing to consolidate within a narrowing price range. Market activity remains subdued, with 24-hour trading volume recorded at $204.13 million, down 2.98%, according to CoinMarketCap data. 

Over the past week, LINK has declined 2.97%, reflecting ongoing indecision across broader crypto markets. The asset is currently trapped in a tightening structure where neither buyers nor sellers have established dominance. 

This consolidation phase is drawing attention from traders as LINK approaches a technically significant decision point that could determine its next major trend direction.

Chainlink Price Chart
Source: CoinMarketCap

LINK Forms Symmetrical Triangle Pattern

Crypto analyst Whales_Crypto_Trading notes that LINK is forming a symmetrical triangle pattern, a structure typically associated with market indecision before a volatility expansion. 

Price action continues to respect ascending support near the $10–$10.5 zone while facing repeated rejection from descending resistance around $14–$15.

The compression suggests building pressure, with higher lows gradually forming as selling momentum weakens. The 50-day moving average has also begun flattening, signaling a reduction in downside strength and a potential shift toward equilibrium.

A confirmed breakout above the $12.8–$13 resistance zone could activate a measured move projection based on the triangle’s height. This projects upside targets in the $15.5–$16.5 region initially, with extended resistance near $18–$19 if momentum continues.

However, analysts caution that a breakdown below $10.5 would invalidate the bullish structure and could expose lower liquidity zones around $8–$9, where historical demand has previously emerged.

Chainlink Technical Analysis
Source: X

Also Read | Chainlink Breakout Surge Targets $15–$19 in Explosive Rally Setup

Chainlink CCIP Surpasses $19.1B in Cross-Chain Volume

Chainlink’s Cross-Chain Interoperability Protocol (CCIP) continues to gain traction across both decentralized and institutional markets. According to Chainlink’s CCIP dashboard and on-chain metrics, the protocol has surpassed $19.1 billion in cumulative transfer volume, including approximately $1.3 billion processed within a single week, representing more than 260% week-over-week growth.

CCIP now operates across 77 blockchains, connecting over 60 public and private networks through a unified interoperability layer. The system enables programmable token transfers and arbitrary messaging without relying on traditional bridge architectures or liquidity pools.

Institutional adoption is expanding alongside DeFi integration. Platforms such as Aave, Lido, and multiple BTCFi protocols are leveraging CCIP for cross-chain liquidity and settlement workflows.

Meanwhile, financial institutions including ANZ Bank and global banking pilots under initiatives like Project Guardian have tested CCIP for tokenized asset settlement and delivery-versus-payment systems.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Chainlink Soars in Setup for $30 Surge as AWS Integration Fuels Massive Momentum

Canada Moves to Ban Crypto ATMs Due to Rising Scam Threat

By | Edited By Messam Raza,,

Canada is preparing to take a major step against all crypto related fraud. The federal government has announced its plans to ban crypto ATMs across the country. The move is aimed at stopping scammers who are making use of these machines to steal money from victims.

The proposal was shared during the government’s spring economic update, where officials described crypto ATMs as a major tool fraudsters use for money laundering.

Crypto ATMs Canada plans to ban in order to reduce crypto fraud. Source: NCFA Canada

Source: NCFA Canada


These machines allow users to deposit their cash and immediately convert it into cryptocurrency, which can then be sent anywhere in the world without any trace. As at the time of writing, Canada has nearly 4,000 crypto ATMs, the highest number per capita in the world. Despite this, there have been no regulations designed for the industry, leaving gaps that fraudsters have exploited.

Also Read: Canada Strengthens Pioneering Interim Crypto Custody Framework in 2026

A previous investigation by CBC found that scammers frequently direct victims to these machines, instructing them to deposit cash and send it to digital wallets controlled by criminals. Once the money is sent, it is almost impossible to recover.

Authorities, including Canada’s financial intelligence agency, have already identified crypto ATMs as a primary channel for scam-related transactions. However, until now, there has been little direct action to control their use.

Canada and the Global Pressure Concerning Crypto Fraud Concerns

Canada is not the only country tightening control over crypto ATMs. Other countries have also taken similar steps to reduce crypto fraud risks.

The United Kingdom has effectively banned the machines by refusing to issue operating licences. New Zealand is considering a ban, while Australia has introduced limits on daily transactions. In the United States, several states have added rules such as transaction caps and refund requirements for scam victims.

Even with the proposed ban, the government says people will still be able to buy cryptocurrency through registered money service businesses. The goal is to reduce fraud while keeping access to digital assets available in safer environments.

Critics argue that banning the machines may not fully stop scams, as criminals could shift to other methods. Still, officials believe the move will significantly reduce one of the most common ways victims lose money.

Also Read: Hyperliquid Launches on Trust Wallet With 0% Fees Offer









XRP Whale Outflows Hit 60% as Price Stays Weak

By | Edited By Messam Raza,,

XRP whale outflows surged across major exchanges, according to CryptoQuant data. Analyst Amr Taha reported a sharp rise in large-holder withdrawals despite continued weakness in XRP price action.

On Binance, transactions above one million XRP accounted for over 60% of total outflows on April 26. Coinbase recorded similar activity, with whale withdrawals reaching 33% dominance across multiple sessions.

With both Coinbase and Binance seeing increases in whale withdrawals, it appears XRP outflows are increasing across several exchanges.

What Do Rising XRP Whale Outflows Mean?

Increased whale withdrawals from exchanges such as Coinbase and Binance mean that those whales are removing XRP from trading platforms. In many cases, this represents lower immediate selling pressure due to fewer sellers on the market.

Additionally, this can represent higher off-exchange token custody activity. Given that both Coinbase and Binance are seeing significant amounts of XRP being withdrawn by whales, this could signal a shift in supply dynamics if sustained.

However, the XRP whale outflows don’t guarantee that whales are buying up the token. For example, if prices remain at current lows with no clear signs of buyers stepping in to drive prices higher, there is little evidence of whales accumulating tokens.

Only when there is a consistent pattern of increasing demand will we be able to assume that whales are actively accumulating the token.

XRP whale outflows on Binance reach over 60 percent dominance indicating rising large-holder withdrawals
Source: CryptoQuant

Also Read | XRP Prediction: Will It Reach $1.52 in May Upswing?

Current XRP Price Analysis Suggests Weakness

Using the price chart from TradingView, it appears that XRP continues to trade down at approximately $1.36, with further downward pressure continuing to build. Over the last 24-hour period, according to CoinMarketCap, the price has actually fallen slightly.

XRP price drops intraday to $1.36 showing continued weakness despite rising whale outflows

Source: CoinMarketCap

Both the moving averages and indicators from TradingView suggest XRP is still well below key resistance levels. Specifically, the 50 EMA sits at about $1.40, while the 200 EMA resides roughly at $1.39.

Over recent trading days, the price of XRP was repeatedly rejected below these levels. Thus far, we’ve yet to witness a series of sustained upward price movements associated with these whale withdrawals.

XRP price chart showing EMA resistance, weak momentum, and bearish RSI and MACD signals
Source: TradingView

Weak Technical Trend Structure

Using technical indicators available through TradingView, the relative strength index (RSI) is currently sitting at approximately 32. This value is close enough to oversold to potentially suggest a temporary rebound. However, it does not necessarily mean a reversal is occurring.

Furthermore, the MACD indicator is negative, implying that there is still ongoing bearish momentum. Histogram data show continued selling pressure during the most recent trading sessions.

Low volume exists during all periods of attempted recoveries, which correlates directly with the lackluster demand shown in this XRP price analysis.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | XRP Drops Massive 60% While Ripple Expands Globally

TRON (TRX) Price Targets $0.42 as Fractal Pattern Signals Potential Breakout

By | Edited By Messam Raza,,

TRON (TRX) is consolidating in a neutral price trajectory as BTC’s downward movement has impacted the overall market after facing rejection near $80K. According to CoinMarketCap, as of Wednesday, April 29, the TRX price has remained stable over the last 24 hours, but it has declined slightly by 1.65% over the last week.

At the time of writing, TRX is trading at $0.3230 with a trading volume of $671.02 million, which has surged by 12.58% over the last 24 hours. However, its market capitalization stands at $30.62 billion, which is stable.

Source: CoinMarketCap

Also Read: TRON (TRX) Price Prediction: Bulls Aim for $0.345 After Consolidation Phase

TRX Fractal Signals Potential Rally Toward $0.42

Furthermore, the crypto analyst Chiefrat revealed that TRX is showing a familiar fractal pattern that has caught the attention of technical analysts across the crypto market. 

A similar structure previously led TRON (TRX) to rally from $0.21 to $0.37, reinforcing the idea that repeating price formations often reflect underlying market psychology and momentum-driven trading behavior during key consolidation phases.

TRX price analysis

Source: Chiefrat’s X Post

At the moment, it seems that TRX is developing the same structure that will indicate further upside movement if there is more bullish energy. 

There might be a move towards $0.42 if history repeats itself. However, traders are not too optimistic, stating that overall market sentiments and other considerations would play a crucial role.

Tron Inc. Expands Crypto Treasury with TRX Purchase

Apart from the price movement, Tron Inc. (NASDAQ: TRON) has managed to increase its presence within the Tron network through the purchase of 154,375 TRX tokens with an average cost of $0.3239 per coin. 

The latest acquisition brings the company’s total number of tokens to over 693.7 million, thus demonstrating their commitment to using TRX as a digital treasury token.

Source: TRONSCAN

The company intends to grow its Tron Digital Asset Treasury so as to generate shareholder value in the long run. 

Through the regular exposure of its investments to TRX, Tron Inc. can leverage the growth potential of the Tron Network and appreciation in the value of its tokens, making its balance sheet strategy well-aligned with the growing adoption trends.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: TRON Price Prediction: Can TRX Resume Rally After Tron Inc.’s Accumulation?

JASMY Signals Move Toward $0.014 as Bullish Wedge Pattern Tightens

By | Edited By Messam Raza,,

Jasmy (JASMY) is looking to break out, according to analyst Jonathan Carter, who sees a bullish falling wedge pattern in the higher timeframe chart. Increased volumes and better indicators show increased demand for the asset, while the crucial issue is breaking out into a higher move.

At the time of writing, JASMY is trading near $0.0058, with daily trading activity holding steady and only a slight dip recorded over the past 24 hours. While the short-term movement appears modest, underlying signals suggest a potential shift could be building.

JASMY price chart

Source: CoinMarketCap

Also Read | SUI Extends Downtrend as CME Futures Launch Triggers Rising Selling Pressure

JASMY Nears Bullish Breakout Signal

A popular crypto analyst, Jonathan Carter, stated on April 29 that JASMY is coming to the conclusion of the falling wedge pattern seen on its 3-day chart, which can indicate a bullish breakout.

Source: Jonathan Carter’s X Post

Based on the analysis, the price squeeze in this pattern, together with an increasing volume, raises the likelihood of a breakout. In the event that this is validated, the breakout will pave the way for higher objectives at $0.008, $0.010, $0.014, $0.021, and $0.032.

JASMY Shows Early Strength Signs

RSI stands at 59.37, holding above its trigger level of 57.86, indicating strong buying pressure. This means that it is not overbought yet, leaving plenty of space for an upward movement. Price is trading at 0.00587 on the MA Ribbon indicator, trading above the shorter-term moving averages of 0.00556 and 0.00577 but below the longer-term moving average of 0.00696.

JASMY technical indicator chart

Source: TradingView

The MACD indicator is marginally positive, with the MACD line trading at 0.00012 and the signal line trading at 0.00008 with a histogram level of 0.00003. This signals that momentum is slowly moving to the upside after a relatively weak period. Bulls are now taking charge.

JASMY Eyes Uptrend After Breakout

Overall, JASMY seems to have reached an important stage. The buyers seem to have taken a step forward, and with a better follow-up on the wedge breakout, the coin might experience an upward momentum in upcoming sessions.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read | Polkadot Explodes Toward $10 Target as DOT Holds Critical $1.20 Support

The Sandbox (SAND) Accumulation Could Drive The Price Toward $0.085

By | Edited By Messam Raza,,

The Sandbox (SAND) is moving in a short-term downtrend as the market is within a cooling-off period due to rising tension between Iran and Israel. According to CoinMarketCap, the token price has declined by 2.79% over the last 24 hours and 5.71% over the last week.

At the time of writing, the token is trading at $0.07414 with a trading volume of $46.98 million, which has surged by 20.85% over the last 24 hours. However, its market capitalization stands at $218.01 million, which is down by 2.81%.

SAND price chart

Source: CoinMarketCap

SAND Shows Strength at Key Support Zone

Furthermore, the crypto analyst Alpha Crypto Signal revealed that the token is showing renewed strength as it continues to hold a key support zone, with higher timeframe price action forming a series of green candles. 

This structure suggests steady buyer accumulation rather than distribution, while momentum gradually builds, indicating the market may be preparing for a potential directional shift upward.

SAND Shows Strength at Key Support Zone

Source: Alpha Crypto Signal’s X Post

If the support level maintains its ground, expectations would be that the price action would test the trend line that moves downward. 

The consolidation in the market will enable the formation of a bull pattern, and the target would be towards $0.085. However, further confirmation is required, and traders are keeping a keen eye on it.

SAND Faces Pressure Below Key Moving Averages

According to TradingView, the token is consistently showing a bearish trend as the token is currently trading below its 200-day simple moving average at $0.12280. 

Following its rapid descent early this year, the price is currently consolidating after hitting its lowest point in April. The current level of price is $0.07348, representing a 4.40% fall from yesterday’s price.

SAND Faces Pressure Below Key Moving Averages

Source: TradingView

The technical indicators confirm a negative sentiment since the MA ribbon is spread out wide, providing stiff resistance for any attempt at bouncing back. 

The RSI is standing at 41.57 levels, suggesting that although it’s not oversold, there’s bearish momentum in the market. A break below the support level may trigger further falls towards the $0.060 levels.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: The Sandbox (SAND) Falling Wedge Signals Potential Breakout to $2.65

Pepe coin (PEPE) Nears Breakout Zone With 85% Bullish Bias

By | Edited By Messam Raza,,

PEPE is experiencing early signs of strength very early in the trading process, based on its interaction with key resistance levels in conjunction with supportive market sentiment.

Pepe (PEPE) is an internet meme-based crypto that has developed a strong community-driven momentum for this asset. At press time, the coin is trading at approximately 0.0000040 with a slight increase over the past 24 hours.

PEPE Bollinger Bands Expand Near 0.0000040 Level

When looking at the TradingView charts, you will see that Pepe coin is in a tight consolidation range following a previous downtrend, which would indicate that a base may be forming.

The price action is currently testinga resistance area around 0.0000040, with many tests indicating that there is potential weakening occurring at this resistance area.

The Bollinger Bands were previously contracted and are beginning to expand, indicating that there could be an increase in volatility occurring. In addition, the price is above the mid-band moving average, indicating short-term strength.

As well, the short-term moving average has been reclaimed and is currently representative of a potential shift in momentum from sellers to buyers. OBV has been declining, but appears to have stabilized, signifying that the selling pressure may be easing.

Additionally, there has not been a significant increase in volume, which would indicate a confirmation of a breakout.

Pepecoin price analysis
Source: TradingView

Also Read: Pepe Coin Rebounds, $0.0028052 Holds as Next Key Support Level

PEPE Records 85% Positive Market Bias

According to the data from CoinMarketCap, Market sentiment continues to remain overwhelmingly positive, with approximately 85% of participants reporting a bullish outlook. This corresponds to the current trading pattern of repeated resistance levels, suggesting increased buying interest.

Market sentiment in and of itself does not indicate the direction of price; however, it does have the potential to support momentum if a breakout above technical levels occurs.

PEPE Records 85% Positive Market Bias
Source: CoinMarketCap

Therefore, while Pepe coin has established early technical signs of strength by trading at critical resistance levels supported by positive sentiment, confirmation is still required as market conditions remain volatile.

This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.

Also Read: PEPE Coin Slides Amid Bitcoin Dip and US Government Shutdown Risk 

Nervos Network (CKB) Falling Wedge Signals Potential Breakout to $0.0095

By | Edited By Messam Raza,,

Nervos Network (CKB) is moving in a consolidation phase as the investors are moving away from digital assets due to a notable increase in oil and other assets’ prices. According to CoinMarketCap, the token price has declined by 1.04% over the last 24 hours and 2.98% over the last week.

At the time of writing, the token is trading at 0.001483 with a trading volume of $3.64 million, which has declined by 32.57% over the last 24 hours. However, its market capitalization stands at $72.23 million, which is down by 1.02%.

Source: CoinMarketCap 

Also Read: Tom Lee Bets Big: Ethereum Could Flip Bitcoin as Wall Street’s Blockchain Backbone

CKB Falling Wedge Signals Breakout Toward $0.0095

Furthermore, the crypto analyst Butterfly highlighted that CKB is currently forming a clear falling wedge pattern on the 3-day chart, a technical structure often linked with bullish reversals. 

The pattern reflects declining selling pressure and gradual accumulation as buyers begin absorbing supply. Market behavior suggests momentum is compressing, hinting that a significant directional move may be approaching soon.

Source: Butterfly’s X Post

The breakout from the wedge would be a bullish indication that could potentially mean the resumption of upward momentum, with traders eyeing a breakout above $0.0095. However, it is imperative that the reversal be confirmed through high trading volumes. 

For now, it is clear that CKB is still within the consolidation period, wherein there is an ongoing struggle for market dominance between the buyers and sellers.

CKB Technical Outlook Reveals Bearish Pressure

According to TradingView, CKB exhibits a trend reversal from a downward trend to a sideways trend pattern. 

In the month of February, the price experienced a steep drop and settled at $0.00130. At the moment, the token is being traded at $0.00148 with its price sandwiched between tightening Bollinger Bands.

Source: TradingView

The momentum indicators show such a move as the MACD line stays close to the zero line with declining histogram levels. 

Although the price is now trading above the 20-period moving average, it is still held back by the resistance level of $0.00162. The bulls may be waiting for a breakout above the upper boundary with large volume.

Also Read: LayerZero Becomes Multi-Chain Backbone While ZRO Faces Resistance at $2.20