DeFI News by Thebittimes.Com

A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is on the brink of breaking out while updating his outlook on Bitcoin (BTC) and Ethereum (ETH). In a new strategy session, pseudonymous crypto trader Rekt Capital tells his 550,900 followers on the social media platform X that layer-1 blockchain SUI Network (SUI) is one weekly close away from taking off. “SUI is on the cusp of a breakout from its macro triangle. It is one weekly close above the diagonal resistance away from kickstarting trend continuation to the upside. SUI continues to be a leader in terms of metrics across layer-1s, with its TVL (total value locked) is over $2 billion.” Source: Rekt Capital/X According to the analyst, not only is SUI ready to rally to the upside, but it has also overtaken Solana in terms of overall stablecoin transfers last month. “SUI has been consolidating inside this macro market structure for most of 2025, soon to...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Shiba Inu‘s surge is currently gaining some solid momentum as technical indicators are now aligning with on-chain data, and this is pointing to a potential 61% rally by 2025. Is Shiba Inu really on track for a 61% rally? Here’s what every holder needs to know before the next breakout happens. Source; TradingView Also Read: Pi Network (PI) Faces 50% Correction: Should You Buy The Dip? Shiba Inu’s Path to 61% Rally: The Critical 20% Breakout First Source; Watcher Guru Key Resistance Level Must Break Right now, SHIB is repeatedly testing the $0.0000134 resistance barrier as investors are showing consistent bullish intent in recent days. The price at the time of writing sits at around a value of $0.00001380 with a 2.00% daily gain, and it’s pushing toward the upper Bollinger Band region. The Shiba Inu surge also depends on success while trying to break this critical level that has been tested multiple times already. If $SHIB can break through the resistance in the ne...

XRP appears primed for a significant rally after months of consolidation, with key technical indicators pointing to a shift toward bullish momentum.  Notably, in an X post, analyst DarkDefender highlighted that XRP has confirmed a breakout on the four-hour chart, signaling a clear shift in market sentiment. XRP seven-day price chart. Source: Finbold At press time, XRP is trading at $2.40, marking a strong recovery from its prolonged consolidation range of $0.50 to $0.60.  Picks for you Number of Bitcoin whales go ‘parabolic’ since Trump won election 40 mins ago Crypto lobbyist reveals unbelievable Bitcoin 2025 price target 44 mins ago ...

The First Neiro On Ethereum price plunged 10% in the last 24 hours to trade at $0.002346 as of 11:21 p.m. EST as trading volume soared 61% to $1.36 billion. The First Neiro On Ethereum Price Set For A Breakout The First Neiro On Ethereum price, after being on a rally in November, recently tumbled from the $0.002855 resistance level. However, NEIRO still maintained the $0.0023 support, forming a descending triangle pattern, according to data from GeckoTerminal .  With the price of First Neiro On Ethereum now trading above the 200-day Simple Moving Average (SMAs), the bulls may push it through a breakout, as the 50-day SMA acts as the immediate resistance level at $0.002566. Meanwhile, the Relative Strength Index (RSI) seems to be rebounding within the neutral zone, currently at 43 on the 1-hour timeframe, which is an indication that buying pressure is picking up and may push the First Neiro On Ethereum price through a rally. If the bullish prospects pick up at this level, the...

On-chain growth, a surge in DeFi use and positive technical outlook could back a breakout in ADA price. Caradano’s native gas-paying token ADA received a big blow at the start of June when the SEC regarded it as a security in its lawsuit against Binance and Coinbase. The lawsuit triggered a 42.5% drop in ADA’s price from $0.37 to a two-year low at $0.21 within a few days after SEC’s lawsuit. Additionally, the token faced further downside selling pressure due to delisting on U.S.-based trading apps Robinhood and eToro. However, under the hood, the network has been making progress with an uptick in DeFi activity after a scalability upgrade in May. The technical and on-chain Analysis of the token also shows potential for a positive recovery. Cardano’s DeFi ecosystem is blooming Over the years, Cardano has come under some criticism for continued delays and network updates. Cardano’s founder, Charles Hoskinson, attributed these setbacks to “betting on the wrong technology and being a bit ...

MoneyGram's decision to integrate Litecoin into its crypto services and the coin's upcoming halving event has served as catalysts behind LTC's price rally. Litecoin (LTC) could rise another 20% amid a rare trend reversal breakout that has already resulted in LTC outperforming most crypto assets in recent days. LTC's not-so-bearish symmetrical triangle LTC's price broke out of what earlier appeared to be a bearish symmetrical triangle. Symmetrical triangles are trend continuation patterns, meaning breaking out of their range typically prompts the price to move in the direction of their previous trend.  Litecoin formed a symmetrical triangle pattern between May and November after dropping 70% to nearly $40 in the prior trading sessions. Ideally, the LTC/USD pair could have resolved the pattern by breaking below its lower trendline. But instead, it broke above the upper trendline in early November, as shown below. According to Edwards and Magee, the authors of Technic...