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You are here: Home / Archives for Sadia Ali

Sadia Ali

Trump’s Tariffs Impact Crypto: How ADA, XRP, and BTC Are Reacting

March 4, 2025 by Sadia Ali

  • Trump’s tariffs on Canada take effect March 4, with a second round coming March 12, raising concerns for Ontario’s economy.
  • The crypto market reacts as Trump’s policies disrupt major meme coins and influence broader financial trends.
  • Speculation grows over a U.S. Crypto Strategic Reserve, with Bitcoin, Ethereum, XRP, and Cardano in the spotlight.

The financial landscape is shifting as former President Donald Trump’s latest tariffs on Canada come into effect on March 4, 2025. With Prime Minister Justin Trudeau facing criticism for allocating taxpayer money to Ukraine, Ontario’s economy is expected to take a significant hit, especially when the second round of tariffs rolls out on March 12.

TARRIFS START MARCH 4TH

MARKETS REACT AHEAD OF ANNOUNCEMENT pic.twitter.com/LuN3YYdQDu

— Wendy O (@CryptoWendyO) March 3, 2025

While these economic policies send shockwaves through traditional markets, the cryptocurrency sector is also feeling the effects. Trump’s influence has already disrupted the crypto rally, first by targeting two major meme coins, then by causing a ripple effect across the broader financial ecosystem.

How Trump’s Policies Are Influencing Digital Assets

According to Santiment data, crypto discussions are surging as investors react to Trump’s announcements. The top-trending tokens reflect both political impact and market speculation:

The announcement of a U.S. Crypto Strategic Reserve has driven speculation, with Cardano (ADA) named alongside Bitcoin (BTC), Ethereum (ETH), and XRP. This potential government-backed crypto initiative has fueled discussions about ADA’s role in institutional adoption.

image 9
Trump’s Tariffs Impact Crypto: How ADA, XRP, and BTC Are Reacting 3

As part of the proposed U.S. Crypto Reserve, XRP is gaining attention for its possible regulatory implications. This has sparked debates over whether Trump’s policies could legitimize XRP’s use in financial systems.

With Bitcoin included in Trump’s proposed crypto strategy, BTC’s role as a digital asset is under intense scrutiny. While the news initially boosted sentiment, broader market uncertainty continues to keep traders on edge.

image 8 2
Trump’s Tariffs Impact Crypto: How ADA, XRP, and BTC Are Reacting 4

The Cronos blockchain has drawn backlash over a proposal to reissue 70 billion previously burned CRO tokens. Investors are questioning the project’s integrity, with concerns over potential token dilution and the impact on Crypto.com’s leadership.

Solana ($SOL) Surges on Strategic Reserve Hype. The U.S. Crypto Reserve discussions have also elevated Solana ($SOL), with speculation rising about its future role in a national crypto framework.

Ethereum, along with Bitcoin and Solana, continues to dominate conversations. With its decentralized finance (DeFi) ecosystem, ETH’s inclusion in the proposed reserve suggests growing government interest in blockchain infrastructure.

March 12 Could Bring More Market Disruptions

With the second round of tariffs set to roll out on March 12, both traditional finance and cryptocurrency markets remain highly volatile. As Trump’s policies shape investor sentiment, traders are bracing for more potential shocks.

The coming weeks will be critical in determining how these economic shifts impact Canada’s economy, global trade, and digital assets. Will the U.S. Crypto Reserve push institutional adoption forward, or will it bring more regulatory uncertainty.

Related Reading | XRP ETF Approval Odds Surge to 81%

Filed Under: News, Altcoin News, Bitcoin News Tagged With: Bitcoin (BTC), Cryptocurrency, Ethereum (ETH), Ripple (XRP)

Solana (SOL) Surges to $178 Amid Trump’s Announcement, Is a Bigger Rally Ahead?

March 4, 2025 by Sadia Ali

  • Solana (SOL) surged to $178 before pulling back to $164.65, maintaining a 15.86% gain in the last 24 hours.
  • The rally was sparked by Trump’s U.S. Crypto Strategic Reserve announcement, boosting market sentiment and confidence in digital assets.
  • Solana’s breakout from a descending channel points to a potential move toward $213, with some predicting a rally past $300.

Solana (SOL) witnessed a massive price surge, reaching a recent high of $178 before facing resistance and undergoing a pullback. As of now, SOL is trading at $164.65, with a 24-hour trading volume of $32.10 billion and a market cap of $80.10 billion. The price has still recorded an impressive 15.86% gain in the last 24 hours, fueled by a major political development in the U.S.

SOL 1D graph coinmarketcap 7
Solana (SOL) Surges to $178 Amid Trump’s Announcement, Is a Bigger Rally Ahead? 8

Trump’s Crypto Reserve Boosts Market Sentiment

The rally was triggered by U.S. President Donald Trump’s announcement of a U.S. Crypto Strategic Reserve, which will include Solana (SOL), XRP, and Cardano (ADA). Trump emphasized that this initiative aims to counter what he described as years of attacks on the industry under the Biden administration.

He stated that his Executive Order on Digital Assets has directed the Presidential Working Group to establish this reserve, reinforcing his commitment to making the United States the global leader in cryptocurrency. This declaration has significantly boosted market sentiment, with investors interpreting it as a sign of increased government recognition and support for digital assets.

Solana Breaks Out: Eyes on $213 and Beyond

Crypto expert Ali Martinez pointed out that Solana is breaking out of a descending parallel channel, setting the stage for a potential move toward $213. If this breakout holds, SOL could enter a new bullish phase, pushing it toward fresh highs.

image 5 2
Solana (SOL) Surges to $178 Amid Trump’s Announcement, Is a Bigger Rally Ahead? 9

Meanwhile, World Of Charts highlighted that Trump’s endorsement of Solana as part of the U.S. Crypto Reserve could trigger a massive bullish wave. The analysis suggests that this news could act as a catalyst for a potential 2x rally in the coming weeks, potentially pushing SOL past $300.

image 5 3
Solana (SOL) Surges to $178 Amid Trump’s Announcement, Is a Bigger Rally Ahead? 10

With strong fundamentals and bullish momentum, Solana’s trajectory remains promising. However, traders should keep an eye on key resistance levels and broader market trends to gauge the sustainability of this rally.

Related Reading | Ripple unlocks 1 billion XRP after US adds it to strategic reserve

Filed Under: News, Altcoin News Tagged With: Cryptocurrency, Price Analysis, SOL Price News, SOL Price Prediction, Solana (SOL)

VeChain (VET) Shows Signs of Recovery as Bullish Breakout Looms

March 2, 2025 by Sadia Ali

  • VeChain is showing signs of recovery after a steep decline, with a slight 0.14% price increase in the last 24 hours.
  • The formation of a descending wedge pattern suggests a potential bullish breakout.
  • Key support lies between $0.025–$0.027, while a breakout above $0.035 could confirm upward momentum.
  • If bullish pressure continues, VET could target $0.05925, with higher resistance levels at $0.07697 and $0.09725.

VeChain (VET) is showing promising signs of recovery after enduring a period of extreme turbulence and a sharp decline in value due to broader market instability. Over the past 30 days, VET has suffered a 39% drop, while the last week alone saw an 18% decline, reflecting the overall bearish trend in the crypto market. However, with Bitcoin leading a fresh surge, altcoins, including VeChain, are starting to regain momentum, hinting at a potential trend reversal.

At the time of writing, VeChain is priced at $0.027552, with a 24-hour trading volume of $88.12 million and a market capitalization of $2.23 billion. Despite the recent downtrend, VET has managed a 0.14% price increase in the last 24 hours, suggesting that buying pressure is gradually returning.

VET 1D graph coinmarketcap 1 1
VeChain (VET) Shows Signs of Recovery as Bullish Breakout Looms 13

VeChain Gearing Up for a Potential Rally

From a technical perspective, VeChain is forming a descending wedge pattern, a well-known bullish reversal indicator. This formation suggests that once the price breaks out, a significant upward move could follow.

The key support zone for VET lies between $0.025 and $0.027, marking a strong accumulation area where buyers have historically stepped in. A breakout above $0.035 would confirm a bullish shift, potentially paving the way for further gains.

image 29
VeChain (VET) Shows Signs of Recovery as Bullish Breakout Looms 14

If bullish momentum sustains, VeChain could target $0.05925 as its first major resistance level, followed by $0.07697 as the second target. In an extended rally, VET could aim for its ultimate bullish target at $0.09725.

Given Bitcoin’s ongoing surge and improving market sentiment, VeChain appears poised for a potential comeback. However, the next few days will be crucial in determining whether VET can sustain its recovery or if further consolidation is needed before a breakout occurs.

Related Reading | Bitcoin (BTC) Struggles at Key Levels: Is a Breakout Possible?

Filed Under: News, Altcoin News Tagged With: Cryptocurrency, Price Analysis, VeChain (VET), VeChain Price Analysis, VET Price nEWS

Stellar (XLM) Eyes Recovery Amid Market Rebound, Key Levels to Watch

March 2, 2025 by Sadia Ali

  • XLM rebounds with a 9.82% surge after a month-long decline, signaling potential recovery.
  • A breakout above the $0.30–$0.35 range could push the price toward $0.64 and higher.
  • Key support at $0.2077 and resistance at $0.6434 and $0.8466 define the next price targets.
  • Bitcoin’s rally continues to drive market-wide momentum, boosting XLM’s prospects.

Stellar (XLM) is showing strong signs of recovery after weeks of bearish pressure, fueled by Bitcoin’s recent rally. Following a sharp 25% decline over the last 30 days, XLM has gained 9.82% in the past 24 hours, sparking optimism for a potential breakout. As the crypto market regains momentum, investors are closely watching XLM’s price action for confirmation of a bullish reversal.

At the time of writing, Stellar (XLM) is trading at $0.30054, with a 24-hour trading volume of $586.95 million and a market cap of $9.16 billion. This price increase comes as altcoins rebound, following Bitcoin’s surge, which is helping drive liquidity back into the market. If buying momentum continues, XLM could see further upside in the coming days.

XLM 1D graph coinmarketcap 1
Stellar (XLM) Eyes Recovery Amid Market Rebound, Key Levels to Watch 17

Stellar (XLM) Eyes Major Breakout Above $0.30–$0.35

Technical indicators suggest that XLM is nearing a critical breakout zone. According to Rose Premium Signal Analysis, a decisive move above the $0.30–$0.35 range could propel XLM toward $0.64 and beyond. Traders should keep an eye on rising trading volume and buying pressure as key signals for a sustained rally.

Key support and resistance levels are also coming into focus. The primary support zone sits at $0.2077, aligning with the 0.786 Fibonacci level, which could act as a strong foundation in case of a pullback. On the upside, major resistance levels stand at $0.6434 and $0.8466, marking potential targets if XLM successfully breaks out of its current range.

image 27
Stellar (XLM) Eyes Recovery Amid Market Rebound, Key Levels to Watch 18

With Bitcoin’s continued uptrend providing market-wide bullish momentum, XLM appears to be on the verge of a significant breakout. If the price holds above key resistance levels, Stellar could reclaim higher valuations and strengthen its position in the market. Stay tuned for the latest updates on XLM’s price action and potential rally.

Related Reading | White House Crypto Summit Paves the Way for Pro Blockchain Policies

Filed Under: News, Altcoin News Tagged With: Stellar (XLM), Stellar Price News, Stelllar Price Analysis, XLM Bullish Breakout, XLM Price Prediction

Ethereum’s $4K Breakout is Coming – Here’s Why Experts Are Bullish

March 1, 2025 by Sadia Ali

  • Ethereum is holding strong at the resistance-turned-support level and could rebound to $4,000 in the coming months.
  • Long-term technical patterns, including the 200-week EMA and ascending channel, suggest a bullish trajectory.
  • Institutional accumulation and market liquidity at $4,000 reinforces the potential for a breakout.

Ethereum (ETH) is showing resilience at a crucial support level, with growing signs of a significant rebound in the coming months. According to market observers, ETH’s price action aligns with long-term technical indicators that have historically preceded massive moves. The current structure suggests a path toward $4,000, supported by technical, psychological, and on-chain factors.

$ETH is at the Resistance Become Support level✅

It is expected to rebound to $4000 within the next few months✍️🔥#Ethereum pic.twitter.com/9jiRcc5RFK

— ZAYK Charts (@ZAYKCharts) February 28, 2025

Doctor Profit, a well-known market commentator, has expressed strong bullish sentiment regarding ETH’s trajectory. He emphasizes that this is not about short-term speculation but rather a comprehensive analysis based on years of price movements.

The most critical aspect of this viewpoint is ETH’s proximity to the 200-week EMA, an incredibly meaningful price point in price history that has always acted as a launch point to price rallies. Currently, ETH is only 18% below this point, which is an area where the price is finding support.

image 1 1

Besides this, ETH has been trading within a multi-year rising channel that has acted to shape its overall trajectory in the long term. Historically, ETH has recovered strongly off this channel’s support point, and future testing around the area of $4,000 has potential to result in an emphatic breakout.

Besides this, building an ascending weekly triangle adds strength to the argument in favor of an upside breakout. This pattern that has been in development since 2020 typically leads to powerful price growth upon verification.

image 1 2

Market Dynamics Favor ETH’s Growth

Ample liquidity in the $4,000 area is yet another convincing argument in favor of an imminent rally. Market makers prefer to push prices towards pools of liquidity, and since ETH is settling in around key levels, an imminent breakout fueled by liquidity is in order. This is in alignment with previous movements where ETH quickly regained greater price levels upon breaching key resistances.

image 1 3

In the meanwhile, ETH is an integral token in blockchain territory, most notably in venturing into expanding Real-World Asset (RWA) territory. Institutional investors have accumulated ETH through traditional ETF inflows and sizable on-chain withdrawals, reaffirming institutional buyers’ confidence in the token in the face of ongoing market FUD.

The Ethereum Foundation support continued to solidify this status, in tandem with breakthroughs including the Pectra upgrade and premium-grade Layer 2 (L2) solutions.

Challenges and Outlook for Ethereum

While Ethereum has strong potential in the long term, problems remain. Certain projects and solutions in Layer 2 don’t always contribute to value in the Ethereum network directly.

It looks like Ethereum's situation isn’t as good as expected, but at least there are some bullish signals.

Bullish Factors:
– The market is gradually shifting towards projects with real fundamentals and RWA (Real World Assets), which makes the market downturn seem like a good… https://t.co/ShrPASlAm6 pic.twitter.com/SpOhk9QfYG

— 哆啦小子.BTC (@Dorakid001) February 26, 2025

Some L2s value their ecosystems over making Ethereum superior through ultimate settlement in Ethereum compared to optimizing core functionality. All these pains in growth fit in with overall Ethereum growth.

While Ethereum hovers around a key support area, the overall direction of the market towards projects with fundamentals behind them solidifies its potential. Strong techs, growing institutional demand, and growing liquidity indicate that Ethereum’s path to $4,000 is clearer by the day.

Related Reading | Uniswap Teams Up with Robinhood, MoonPay to Simplify Crypto-to-Fiat Trades: Report

Filed Under: News, Altcoin News Tagged With: Ethereum (ETH), Price Analysis

Uniswap (UNI) Gears Up for a Major Rebound After Hitting $7 Low , Can It Surge 400%?

March 1, 2025 by Sadia Ali

  • Uniswap (UNI) is showing signs of recovery after dropping to $7, its lowest in months.
  • The token has broken key resistance, signaling potential bullish momentum.
  • If the breakout holds, UNI could surge 405% to $42.49.
  • Bitcoin stability and DeFi adoption will be crucial for UNI’s next move.

Uniswap (UNI) is showing signs of a potential recovery after facing heavy turbulence that pushed its price down to $7, its lowest level in recent months. Over the past 30 days, UNI has declined by 37%, mirroring the broader market downturn triggered by Bitcoin’s drop below $80,000. This sharp correction created extreme fear among investors, leading to a widespread sell-off.

At the time of writing, Uniswap (UNI) is trading at $7.51, with a 24-hour trading volume of $544.66 million. The token holds a market cap of $4.51 billion. Despite losing 4.40% in the last 24 hours, UNI is now catching attention as key technical indicators signal a potential rebound.

UNI 1M graph coinmarketcap
Uniswap (UNI) Gears Up for a Major Rebound After Hitting $7 Low , Can It Surge 400%? 25

Analysts Predict a Strong UNI Comeback

Crypto expert Ali Martinez has identified a bullish reversal signal for UNI using the TD Sequential indicator on the daily chart. This tool, known for predicting trend reversals, suggests that Uniswap may be gearing up for a significant move upward.

image 4
Uniswap (UNI) Gears Up for a Major Rebound After Hitting $7 Low , Can It Surge 400%? 26

Meanwhile, Javon Marks highlighted that UNI has successfully broken out of a key resistance trend, confirming a bullish breakout signal. This development indicates that buyers could regain control, potentially driving the price to new highs.

UNI’s Bullish Breakout Target , Can It Surge 400%?

Market projections indicate that if UNI maintains its current trajectory, it could reach a breakout target of $42.49, representing a 405% rally from its current levels. Such a move would mark a major recovery for Uniswap, reestablishing its position as one of the leading DeFi tokens.

image 5
Uniswap (UNI) Gears Up for a Major Rebound After Hitting $7 Low , Can It Surge 400%? 27

For UNI to achieve its ambitious price target, broader market conditions must remain favorable. Bitcoin’s stability and increased DeFi adoption will play a crucial role in determining whether Uniswap can sustain its bullish momentum.

With technical indicators aligning in favor of a breakout, all eyes are now on UNI’s next major move. Investors and traders will be watching closely as Uniswap attempts to reclaim higher levels in the coming weeks.

Related Reading | Litecoin’s Fate Hinges on $136 Breakout – Will It Rally or Plunge?

Filed Under: News, Altcoin News Tagged With: Cryptocurrency, Price Analysis, Uniswap (UNI), Uniswap Price News, Uniswap Price Prediction

Upbit Battles FIU: Dunamu Launches Explosive Lawsuit Over Crypto Sanctions

March 1, 2025 by Sadia Ali

  1. Dunamu, Upbit’s parent company, is challenging FIU sanctions in court.
  2. The dispute centers on a partial business suspension over alleged KYC violations.
  3. Upbit claims to have made necessary improvements but questions the severity of the penalties.

Dunamu, the parent company of Upbit, has launched a legal battle against South Korea’s Financial Intelligence Unit (FIU) over sanctions that include a partial business suspension. The company has brought an action in front of the Seoul Administrative Court on February 27 to overturn the ruling by the FIU. It has also sought an injunction to temporarily suspend enforcement in the meanwhile.

The contention is over allegations that the company violated the Special Financial Information Act by dealing with nonregistered foreign virtual asset providers and failing to fulfill requirements to identify customers.

Following an on-site inspection between August and October 2024, the FIU reported more than 500,000 Know Your Customer (KYC) compliance violations. This led to regulatory action in January 2025, restricting Upbit from allowing new customers to transfer virtual assets for three months, from March 7 to June 6.

Upbit Questions Severity of Sanctions

Dunamu has objected to the FIU report, citing that certain factors weren’t correctly accounted for. One of its representatives described that while corrections have been implemented by Upbit following an investigation, it disagreed with certain aspects regarding sanctions.

The sanctions by the FIU included suspending the company by three months, warning CEO Lee Seok-woo, and discharging Upbit’s compliance officer.

Despite these sanctions, the company has assured present customers that they can continue to trade unrestricted. New customers have only temporary withdrawal limitations while deposits, exchanges, and trading remain unchanged.

Upbit Reaffirms Compliance Efforts

In response to the regulatory crackdown, Upbit released an announcement to apologize to clients about the uncertainty brought about by sanctions. The firm reaffirmed that it was taking steps to tighten compliance systems better and strengthen internal controls. “We have estimated the necessary adjustments and have executed the necessary steps,” the announcement detailed.

Upbit also indicated that the imposed restrictions could change depending on court rulings, suggesting that if the sanctions are overturned or modified, new customers could regain full access to its services. The company emphasized its role in stabilizing South Korea’s anti-money laundering framework and pledged to uphold strict compliance standards moving forward.

The ruling is a key development in South Korea’s crypto market because regulatory attention to exchanges is growing. How enforcement is carried forward in the growing market in digital assets is something this ruling has the potential to decide.

Related Reading | Solana (SOL) Price Hits $125, Whale Activity Suggests Potential Recovery

Filed Under: News Tagged With: Cryptocurrency, Dunamu, upbit

TRON Dominates Altcoin Transactions, Massive Rally Ahead?

February 28, 2025 by Sadia Ali

  • TRON rebounded quickly from $0.22, showing resilience amid market volatility.
  • It leads altcoin transactions with a 41.6% market share, driven by USDT transfers and DeFi growth.
  • TRX could see a +444% upside, with projections pointing toward $1.11.
  • Its expanding DeFi ecosystem and increasing institutional interest strengthen its long-term potential.

Despite the recent volatility in the crypto market, TRON (TRX) has remained resilient, showing strong recovery potential. While many altcoins faced sharp declines, TRX held its ground, recently dipping to $0.22 before swiftly rebounding. This price action signals growing strength in TRON’s ecosystem as it continues to lead in altcoin transactions.

TRON Leads Altcoin Transactions with 41.6% Market Share

According to CryptoQuant, TRON has solidified its position as the most active altcoin network, commanding a 41.6% transaction share, excluding Solana (SOL) and Binance Coin (BNB). This dominance is fueled primarily by Tether (USDT) transfers and DeFi growth, as TRON serves as a key infrastructure for stablecoin transactions.

image 262 6
TRON Dominates Altcoin Transactions, Massive Rally Ahead? 30

Over the past few months, TRON has maintained its lead, consistently holding around 40% of total altcoin transactions. Its ability to process high-volume, low-cost transactions makes it a preferred choice for stablecoin transfers, especially in emerging markets where USDT adoption is surging.

TRON’s Uptrend Signals +444% Potential Upside

Market optimism around TRX remains high. Crypto expert JAVON MARKS pointed out that TRX has been on an upward trajectory since its breakout and could still be positioned for significant gains. His analysis suggests that TRX could rally toward $1.11, representing a +444% potential upside from current levels.

image 262 7
TRON Dominates Altcoin Transactions, Massive Rally Ahead? 31

Why TRON Remains a Strong Contender

TRON’s network plays a crucial role in the crypto economy by processing billions in USDT transactions, reinforcing its dominance in the stablecoin market. Additionally, its DeFi ecosystem continues to expand, attracting liquidity and new projects that further strengthen its position in decentralized finance. With high-speed, low-cost transactions, TRON also stands out as an efficient alternative to Ethereum, making it a preferred choice for stablecoin users seeking scalability and affordability.

With on-chain activity surging and institutional interest growing, TRX’s resilience in a volatile market could set the stage for its next major breakout. If momentum continues, TRX could be one of the strongest altcoin performers in the coming months.

Read More : XRP Eyes $3 as Market Rebounds, Can It Sustain the Momentum?

Filed Under: News, Altcoin News Tagged With: Cryptocurrency, Price Analysis, tron, TRX

Dogecoin Faces Selling Pressure as Key Support at 0.19 Comes Under Threat

February 28, 2025 by Sadia Ali

  • Dogecoin struggles as Bitcoin’s drop below $90,000 triggers a market-wide sell-off.
  • DOGE’s network activity has declined by 95%, signaling reduced user engagement.
  • Key support at $0.19 remains critical; a breakdown could push prices toward $0.06.
  • Market uncertainty from new tariffs and the Bybit cyber attack adds to selling pressure.

Dogecoin (DOGE) is struggling to hold its ground amid a broader crypto market sell-off, triggered by Bitcoin’s drop below $90,000. The sudden downturn has fueled panic across the market, leading to significant losses for several altcoins, including DOGE.

Currently, Dogecoin is trading at $0.2044, with a 24-hour trading volume of $4.52 billion and a market cap of $30.20 billion. Over the past 24 hours, DOGE has seen a 4.42% decline, reflecting the bearish sentiment gripping the crypto market.

DOGE 1D graph coinmarketcap 2
Dogecoin Faces Selling Pressure as Key Support at 0.19 Comes Under Threat 35

The sell-off comes in the wake of mounting economic concerns, including newly imposed tariffs and the Bybit cyber attack, both of which have added to investor uncertainty. As a result, Bitcoin’s sharp decline has dragged the entire market down, impacting DOGE’s price performance.

Dogecoin Network Activity Plunges by 95%

On-chain data suggests Dogecoin’s network activity has dropped drastically, raising concerns about its future trajectory. Crypto researcher Ali Martinez pointed out that the number of active Dogecoin addresses has plummeted by 95%, from 2.66 million in November to just 130,282 today.

image 252 7
Dogecoin Faces Selling Pressure as Key Support at 0.19 Comes Under Threat 36

This decline in user engagement signals weakening demand for DOGE transactions, potentially increasing selling pressure. Martinez further noted that long-term DOGE holders remain in “denial,” unwilling to acknowledge the downtrend.

DOGE Price at Risk – Key Support Levels to Watch

From a technical standpoint, the analyst highlighted that, DOGE is nearing a critical support level at $0.19. A breakdown below this mark could lead to a steep decline toward $0.06, indicating a much deeper correction.

image 252 8
Dogecoin Faces Selling Pressure as Key Support at 0.19 Comes Under Threat 37

For DOGE to regain bullish momentum, it needs strong buying support to reclaim higher resistance levels. However, if the broader market remains under bearish pressure, Dogecoin’s downtrend may continue.

Investors should closely monitor Bitcoin’s movement, network activity, and key support levels to anticipate the next big move in Dogecoin’s price action.

Read More: Shiba Inu Charts Signal Rare 450% Opportunity About to Close

Filed Under: News, Altcoin News Tagged With: Doge price news, DOGE Price Prediction, DOGE Support level, Dogecoin Price Analysis

XRP Eyes $3 as Market Rebounds, Can It Sustain the Momentum?

February 28, 2025 by Sadia Ali

  • XRP faces strong resistance at $2.35, with a breakout potentially signaling renewed bullish momentum.
  • Key support at $2.20 must hold to avoid a drop toward $2.00.
  • RSI nearing oversold levels suggests a possible trend reversal.
  • Next upside targets include $3, with potential moves toward $5–$8 in bullish waves.

Ripple’s native cryptocurrency, XRP, has faced significant downward pressure over the past week, plunging 17% amid broader market turbulence. The altcoin dropped to a low of $2 before bouncing back as Bitcoin recovered from its $82,000 low. This relief rally has helped stabilize market sentiment, but XRP remains at a critical juncture, with traders closely monitoring its next move.

At the time of writing, the token is trading at $2.24, with a 24-hour trading volume of $12.24 billion and a market capitalization of $128.69 billion. The asset has declined 1.91% in the past 24 hours, reflecting ongoing uncertainty.

XRP 7D graph coinmarketcap 3
XRP Eyes $3 as Market Rebounds, Can It Sustain the Momentum? 41

Key Support and Resistance Levels for XRP

According to crypto analyst EGRAG CRYPTO, XRP is currently testing crucial technical levels. In a 4-hour time frame analysis, he outlined several price points that could determine the asset’s short-term trajectory.

The first major resistance level is $2.35, a break above this level would push XRP back into a bullish channel, signaling renewed momentum. Conversely, $2.20 serves as an important support zone that must hold to prevent further downside.

image 252 13
XRP Eyes $3 as Market Rebounds, Can It Sustain the Momentum? 42

If this level is breached, XRP could revisit $2.00, as the breakdown from an ascending triangle pattern suggests a potential retest of this area. However, traders should expect some wicking rather than a prolonged stay at this lower level.

Despite short-term volatility, long-term projections remain bullish, with expectations of the token reaching double-digit price levels in the coming months.

XRP Targets $3 as Bullish Wave Takes Shape

Another well-known trader, Dark Defender, has pointed out that XRP is finalizing an ABC correction pattern on the daily time frame. The Relative Strength Index (RSI) is nearing oversold levels, a key indicator that often signals an upcoming reversal. If the token follows historical trends, this could mark the end of the correction phase and the beginning of a strong upward move.

Based on wave analysis, the next upside targets include $3 as the initial breakout level, followed by a potential move toward $5–$8 in the next bullish waves (Wave 3–5).

image 252 12
XRP Eyes $3 as Market Rebounds, Can It Sustain the Momentum? 43

Moreover, on the downside, $1.88 – $1.91 serves as a crucial support zone, where buyers may step in to prevent further declines. On the upside, resistance levels at $2.44, $2.99, and $5.85 could act as hurdles for XRP’s recovery, with a breakout above these points potentially signaling a strong bullish continuation.

Will XRP Break Out or Face More Downside?

With XRP holding critical support and showing signs of an imminent reversal, the next few days could be pivotal. If the price manages to break above $2.35, it could confirm a return to bullish momentum. However, a drop below $2.20 might extend the correction, with a possible retest of the $2.00 zone before rebounding.

As Bitcoin and the broader crypto market stabilize, XRP’s next move could define its trajectory for the coming weeks. Whether bulls regain control or further downside occurs, traders remain on high alert for the next major price action.

Read More : Bitcoin Flashes Strong Buy Signal as Bearish Sentiment Hits Extreme Levels

Filed Under: News, Altcoin News Tagged With: Cryptocurrency, Price Analysis, Ripple (XRP)

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