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$LINK Breakout Faces Resistance But Whales Accumulate The Chainlink (LINK) breakout attempts have struggled to push past the $20 resistance, but large investors continue to buy in. Recent data shows that whales have acquired over $28 million worth of $LINK tokens, despite its price slipping to $17.8. This ongoing accumulation suggests that many still anticipate a huge Chainlink breakout in the near future. Bitcoin’s price stagnation has weighed on the broader altcoin market, preventing a stronger rally for $LINK . However, if demand remains steady, another Chainlink breakout attempt could be successful. Some traders remain cautious about short-term fluctuations, while others view the increased whale holdings as a sign of long-term stability. If the token can pass the $20 mark, LINK could surge to higher levels.

National Bitcoin Reserve Initiative: MP Satoshi Hamada Urges Japan To Take Action In a notable development for the cryptocurrency landscape, Japanese Member of Parliament Satoshi Hamada has urged his government to establish a Strategic Bitcoin Reserve, aligning Japan with a growing global trend where nations like the United States are exploring similar initiatives.  Bitcoin Adoption Surges Among Nations And Major Corporations Hamada’s proposal reflects a broader interest in diversifying national reserves with cryptocurrencies, particularly following recent discussions in the Japanese parliament about reserve movements in the US and other countries. This surge in interest comes on the heels of Texas’s significant legislative efforts. The Texas House of Representatives has introduced a bill aimed at creating a strategic Bitcoin reserve, spearheaded by Republican state Representative Giovanni .

XRP Price In Motion: Analyst Reveals The Next Major Supports And Resistances With the XRP price set to make its next move, crypto analyst Dark Defender has revealed the next major support and resistance levels for the crypto. The analyst also suggested that XRP’s next move could happen sooner than expected.  Next Major Support And Resistance Levels For The XRP Price In an X post, Dark Defender mentioned $2.42, $2.52, $2.71, and $5.85 as the next major support levels for the XRP price. Meanwhile, the crypto analyst highlighted $2.29, $2.24, $2.10, and $2.02 as the next major support levels for XRP. The analyst made these remarks while also alluding to a bull flag structure that had formed on XRP’s daily chart.  Related Reading: Bitcoin Price Dominance And Altcoin Season: What The Sudden Volatility Means For The Market Dark Defender asserted that the XRP price would make its next move by tomorrow,

$CHILLGUY Has broken the downtrend in 1D and 1W chart as the meme secter is gaining momentum this gem is taking off from here on after the settlement is done with banks now $CHILLGUY has the backing and full suppurt of the original chillguy Mr Banks. pack your bags now for this gem as traders eyes and predicts that this is gonna be the one to watch out for. 🚀🚀🚀🚀 $SOON $RUNE $TEL $CSPR $UFD $DAOT $BITCOIN $SXCH $SXP $CLAY $PRCL $AZIT $DOG $QUBIC $LISTA

Ethereum’s 200-week SMA at $2,595 remains a strong support zone as the price consolidates. If $ETH breaks $3,113, it could rally toward $3,500, but failure may lead to a pullback. The market is critical, and traders watch for a breakout or drop. Currently, Ethereum’s price is locked tight at around $3,020, coincidentally very close to some of the most important weekly moving averages. The 8-week, 50-week, and 100-week simple moving averages (SMA) are all grouped close by the $3,113 mark, which combined make up one solid resistance zone. This convergence means that Ethereum is at a critical juncture right now, and whether it breaks up or down could be a decisive factor in any significant price moves to come. Meanwhile, the 200-week SMA at $2,595 and the 400-week SMA at $1,470 are lower long-term supports that consolidate the asset’s bullish structure as long as it stays above these levels. 200-Week SMA Remains a Strong Safety Net for ETH As far as price behavior is concerned, Ethereum exhibits a fair resemblance to the 200-week SMA, making it a significant area on which one can accumulate. If price movement weakens, additional support levels are reflected at $1,838 against the 250-week SMA and $1,600 against the 300-week SMA, which generally dilutes the possibility of a steep fall unless the broader conditions deteriorate. On the other hand, should ETH hold above the 100-week SMA, a longer-term bullish momentum may build to a maximum targeted upside level of $3,500. By contrast, Ethereum may pull back toward the $2,600-$2,800 range, which has also historically proved to attract strong buyers, should it not reclaim $3,113 and make that level a new support. Market Sentiment Will Shape Ethereum’s Next Move Ethereum’s short-term trajectory depends largely on the movement in the overall market, which is affected by Bitcoin’s stability. If Bitcoin stands strong or pushes higher, ETH would ride this very positively and attempt to retest its previous highs. Liquidity tightens in the crypto market, and Ethereum could retrace toward its lower moving averages, with the 350-week SMA sitting at $1,600 as key support. The point at which multiple moving average activities are held at bay indicates the wild momentum typically followed before an outburst price swing. Crucial to Ethereum is still the resistance point at $3,113. A successful breakout superior to this point would see a rally leading ETH to $3,500. Conversely, a failure to hold above this mark might increase selling pressure, with the downside extended to the 200-week SMA at $2,595. This is at their close plus the technicalities being firm on those levels for a fair number of traders, who tend to wonder how Ethereum’s weekly moving averages would continue as strong guidelines for future price trends.