Eye – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Mon, 15 Sep 2025 18:21:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Eye – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 XRP Price Prediction Today: Bulls Eye Next Breakout After Key Resistance Flip https://earlybirdsinvest.com/xrp-price-prediction-today-bulls-eye-next-breakout-after-key-resistance-flip/ https://earlybirdsinvest.com/xrp-price-prediction-today-bulls-eye-next-breakout-after-key-resistance-flip/#respond Mon, 15 Sep 2025 18:21:44 +0000 https://earlybirdsinvest.com/xrp-price-prediction-today-bulls-eye-next-breakout-after-key-resistance-flip/

XRP has finally broken above a major resistance zone, igniting fresh bullish momentum across the market.

Related Reading

After weeks of consolidation, the token closed above the $3.03–$3.08 range, a level that had capped gains for months. This decisive breakout has shifted sentiment, with traders now eyeing higher targets as momentum indicators flash green.

XRP Market Performance Analysis

The XRP Technical charts confirm the bullish setup. The Relative Strength Index (RSI) has crossed into favorable territory, hovering around 58, a level that historically precedes strong rallies.

Volume has also spiked, reflecting growing buyer confidence. Analysts say this confluence of price action and momentum signals could pave the way for XRP’s next big move.

Immediate resistance sits at $3.30, with further upside targets at $3.65 and $4.20. On the downside, support is clustered between $2.72 and $3.00, levels bulls must defend to keep the trend intact.

Ripple XRP XRPUSD

XRP's price trends to the upside, but records a decline on short timeframes. Source: XRPUSD on Tradingview

ETF Speculation Adds Fuel, But Doubts Remain

Adding to the buzz is renewed speculation around a potential XRP ETF. Supporters argue that Ripple’s partial legal clarity and XRP’s utility in cross-border payments make it a prime ETF candidate. An approval, they say, could unlock institutional inflows and trigger a powerful demand surge.

However, skeptics caution that XRP’s regulatory status remains murky in several jurisdictions. Unlike Bitcoin and Ethereum, XRP’s classification is still contested, raising doubts over whether an ETF is likely in the near future.

Even if approval comes, some analysts argue that XRP’s utility-focused design may limit its appeal as a traditional investment vehicle. For now, ETF chatter remains speculative, but it has injected optimism into the XRP community as the token tests key levels.

Whale Selling and Short-Term Pullbacks

Despite the bullish setup, on-chain data shows that whales have offloaded over 160 million XRP in recent weeks. Historically, such large-scale selling reflects profit-taking and risk management by institutional players. Yet, XRP’s ability to stabilize around $3 despite this pressure signals strong retail demand.

Short-term pullbacks have also been noted, with traders highlighting key support between $2.87 and $2.95. Analysts suggest these dips could provide entry points for bulls aiming for the next breakout above $3.30.

Related Reading

Overall, XRP’s resilience, improving technicals, and growing adoption narratives suggest the token is gearing up for its comeback. The coming days will determine whether bulls have the strength to extend this breakout into a sustained rally.

Cover image from ChatGPT, XRPUSD chart from Tradingview

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Solana (SOL) Bulls Complete Bullish Breakout — Eye $360 Mid-Term Target https://earlybirdsinvest.com/solana-sol-bulls-complete-bullish-breakout-eye-360-mid-term-target/ https://earlybirdsinvest.com/solana-sol-bulls-complete-bullish-breakout-eye-360-mid-term-target/#respond Sun, 14 Sep 2025 19:09:53 +0000 https://earlybirdsinvest.com/solana-sol-bulls-complete-bullish-breakout-eye-360-mid-term-target/ Solana (SOL) has emerged as a major headliner following an impressive 20.89% gain over the last week. Solana’s price now sits comfortably within the $240 price range and is only 18.05% away from its present all-time high at $294. Interestingly, renowned market expert Ali Martinez has noted a positive effect of SOL’s recent price surge, which points to a sustained price rally.

SOL Surges Above Key $205 Resistance: Fibonacci Levels Point Toward $362

In an X post on September 13, Martinez shares an in-depth technical analysis of the Solana price structure, which shows significant potential for a prolonged uptrend. Notably, SOL’s price gain from last week resulted in a breakout from a key ascending triangle formation, signaling strong bullish momentum that projects to higher mid-term targets.

Looking at the chart below, the latest price surge effectively lifted Solana above the multi-month resistance zone near $205, where price had consolidated between April and August. It is clearly observed that breaking above this resistance, combined with the sustained higher lows that formed the ascending triangle, points to a classic bullish continuation pattern.

Solana

Notably, the introduction of the Fibonacci extension levels provides more insight into the bullish potential of this recent breakout. The immediate price target presently lies at the 1.272 Fibonacci extension around $250, followed by the 1.414 extension near $277. However, if momentum continues, Solana could reach further upside levels, around $321 (1.618 extension) and the ultimate mid-term target at $362, which corresponds with the 1.786 extension.

On the downside, the $205 breakout zone now serves as critical support. Holding above this level is crucial to maintaining the bullish outlook, as a decisive break below it could open the door for a retest of lower Fibonacci retracement zones, particularly around $176 or $156. However, the rising trendline that has supported price action since April adds another layer of structural support for bulls.

Solana Price Outlook

At the time of writing, Solana is trading at $246, reflecting a modest 1.67% gain over the past 24 hours. However, trading volume has declined sharply by 27.53%, currently standing at $7.49 billion.

According to analysts at Coincodex, investor sentiment toward Solana remains broadly bullish, even as the Greed & Fear Index sits at a neutral 52. Their short-term outlook suggests limited price movement, with the asset projected to remain around $247 for the next month. Looking further ahead, analysts expect Solana to climb to $264 over the next three months, highlighting steady but moderate growth expectations.

Nevertheless, with a market cap of $131.65 billion, Solana continues to rank as the fifth-largest cryptocurrency in the world.

Solana

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Analysts Debate Which Cryptocurrency to Invest In Before the Next BTC Halving and Eye MUTM’s $0.035 for Key Reasons https://earlybirdsinvest.com/analysts-debate-which-cryptocurrency-to-invest-in-before-the-next-btc-halving-and-eye-mutms-0-035-for-key-reasons/ https://earlybirdsinvest.com/analysts-debate-which-cryptocurrency-to-invest-in-before-the-next-btc-halving-and-eye-mutms-0-035-for-key-reasons/#respond Sat, 13 Sep 2025 16:17:18 +0000 https://earlybirdsinvest.com/analysts-debate-which-cryptocurrency-to-invest-in-before-the-next-btc-halving-and-eye-mutms-0-035-for-key-reasons/

Last updated: 

Every four years, Bitcoin (BTC)’s halving reshapes the crypto market. Each event reduces block rewards, limiting new supply, and history has shown that such shifts often trigger large rallies across the entire digital asset space. With the next halving approaching, analysts are once again debating which altcoin could mirror past breakout runs. As crypto charts show a mixture of consolidation and sporadic pumps, the question of why crypto is down in some sectors while others prepare to surge has never been more relevant. Among the names surfacing in this conversation, Mutuum Finance (MUTM) is drawing growing attention thanks to its presale momentum and unique design.

A Presale Building Momentum Before the Supply Shock

Presale dynamics matter because halvings tend to ignite altcoin rallies from the ground up. Mutuum Finance (MUTM) is currently priced at $0.035 in Phase 6 of its presale, with over $15.6 million already raised and more than 16,200 holders onboard. This stage is already 38% sold out, and the arrival of Phase 7 will lift the price by 15% to $0.040. For investors watching capital rotate into crypto ETF products and mainstream headlines, this represents one of the last discounted opportunities to enter before a market-wide supply crunch begins.

An example illustrates the excitement: a user who exchanged ETH during Phase 1 for MUTM has already seen paper gains multiply by the time Phase 6 arrived. Such stories are driving FOMO across communities, where traders recognize the difference between stagnant portfolios and tokens gathering traction ahead of a major market event. Unlike ADA or XRP, which are often criticized for flat returns, MUTM is pairing narrative with measurable progress.

Mutuum’s appeal also lies in its lending and borrowing design. In the Peer-to-Contract system, users will pool assets like USDT, ETH, or BTC into audited smart contracts, with interest rates dynamically adjusting to usage. A lender depositing BTC will receive mtBTC, representing their share of the pool plus accrued yield. Borrowers will be able to post assets as collateral to access liquidity without selling, such as locking $1,000 worth of SOL to borrow up to 75% of that value while keeping exposure to SOL’s future appreciation.

For assets with higher volatility, like DOGE or PEPE, Mutuum Finance (MUTM) will feature a Peer-to-Peer framework where lenders and borrowers negotiate directly. This separation shields core pools from risk while still offering opportunities for higher returns on speculative assets. It is this dual-lane approach that is turning heads, especially among those looking to diversify strategies ahead of Bitcoin’s next supply shock.

Risk Management, Security, and Roadmap Catalysts

Presale hype is only as strong as the foundation supporting it. Mutuum Finance (MUTM) is integrating disciplined risk controls that will safeguard its ecosystem from the volatility that defines crypto markets. Loan-to-Value ratios will vary by asset type: stablecoins and ETH will support up to 75% LTV with liquidation thresholds of 80%, while riskier tokens will be capped near 40% LTV and liquidated around 65%. Reserve factors will further secure liquidity pools, ranging from 10% for low-risk assets to as high as 38% for volatile ones. This ensures the system can absorb shocks while rewarding those who participate.

For added confidence, Mutuum has already undergone a CertiK audit, scoring 90 on token scan and 78 on Skynet. Security is further reinforced by a $50,000 bug bounty program that incentivizes developers to uncover vulnerabilities before they reach the market. At the community level, a $100,000 giveaway has been launched to reward early adopters, while over 12,000 followers on Twitter signal an expanding base of believers in the project’s roadmap.

Momentum is expected to accelerate with the upcoming beta launch, which will let users test core features live. Layer-2 integration will reduce costs and increase speed, while anticipated listings on exchanges will introduce MUTM to a wider audience. With a projected listing price of $0.06, early investors are positioning themselves to capture multiples similar to Ethereum’s formative years when it transitioned from niche asset to global mainstay.

As the countdown to Bitcoin’s halving continues, analysts agree that positioning early in assets with clear use cases is crucial. Mutuum Finance (MUTM) is aligning presale growth, security, and DeFi mechanics with a pivotal moment in the market cycle. For investors scanning crypto charts for the next big mover, the presale price of $0.035 represents more than just a number—it represents an opportunity to ride the wave of a halving-fueled rally with a project designed to thrive long after the event.

For more information about Mutuum Finance (MUTM), visit the links below:

Website: https://www.mutuum.com

Linktree: https://linktr.ee/mutuumfinance


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Ethereum hits record 12 million daily smart contract calls as traders eye the $5200 ceiling https://earlybirdsinvest.com/ethereum-hits-record-12-million-daily-smart-contract-calls-as-traders-eye-the-5200-ceiling/ https://earlybirdsinvest.com/ethereum-hits-record-12-million-daily-smart-contract-calls-as-traders-eye-the-5200-ceiling/#respond Fri, 12 Sep 2025 10:31:16 +0000 https://earlybirdsinvest.com/ethereum-hits-record-12-million-daily-smart-contract-calls-as-traders-eye-the-5200-ceiling/

Per CryptoQuant’s second September weekly report, Ethereum’s latest uptrend from about $1,400 in April to a high near $5,000 has unfolded alongside heavier allocations in funds and whale accumulation, a pullback in exchange deposits, and activity peaks across transactions, addresses, and smart-contract calls.

Ethereum trades below a realized price band of $5,200 while fund holdings and on-chain use hit records.

The report frames the next phase around whether price can clear the realized price upper band that capped prior advances.

According to CryptoQuant, Ethereum fund holdings, driven largely by U.S. spot ETFs, have reached 6.7 million ETH, nearly double since April. Addresses holding 10,000 to 100,000 ETH added roughly 6 million ETH over the same period, with this cohort now at 20.6 million ETH, a new high.

The “smart money” share embedded in those balances means a material portion of demand is already in place, compressing the room for momentum to do the heavy lifting without fresh flows. The charts on page 2 of the report show both the fund-holding curve and cohort balances making new peaks.

Staking has climbed in parallel.

The total ETH staked stands at around 36.2 million, up by roughly 2.5 million ETH since May. The rising validator count reduces circulating supply and supports a tighter float, yet it also sequesters capital that would otherwise meet new demand if price drifts or volumes thin out.

That mix of lower float and higher commitment from validators helps explain why spot market pressure can ease even when price consolidates.

On-chain throughput has expanded. Total daily transactions peaked at about 1.7 million on August 16, and active addresses reached roughly 800,000 on August 5, both new highs, per the network dashboards. Smart-contract calls surpassed 12 million daily for the first time, marking the heaviest programmatic use of the base layer so far.

Elevated usage across DeFi, stablecoin transfers, and token activity builds fee revenue and reinforces the settlement-layer role that underpins ETH’s cash-flow and utility narratives. If activity cools, volatility often follows as price discovers the correct multiple on lower throughput.

Spot-side supply pressure has eased.

CryptoQuant’s exchange-inflow series shows deposits to centralized venues falling from roughly 1.8 million ETH in mid-August to about 750,000 ETH per day after the early-September price high.

Fewer coins moving to exchanges typically line up with thinner realized selling, which aids stability during retests. Low inflows can also coincide with quieter order books, so prices can travel more on smaller trades if a catalyst lands.

The technical fulcrum is the realized price upper band near $5,200. CryptoQuant plots that level as the region that repelled advances in 2020–2021 and again in early 2024. ETH trades around $4,400 in the report window, so the market sits one step below a threshold with a track record of pausing uptrends.

Clearing that zone would shift trading into territory where realized holders, on average, sit deeper in profit, and where supply forces depend more on whether newer inflows outpace long-dated distribution.

The flow picture offers a simple checklist for the weeks ahead.

Fund holdings are already at a record, so incremental net creations matter more than absolute size. Whale cohorts hold over 20 million ETH, so net additions from this group carry outsized weight versus retail churn.

Staking is at 36 million ETH, so any acceleration or slowdown in validator deposits will change the liquid float at the margin. Exchange inflows are subdued compared with August, so watch whether that series stays compressed or reverts as price revisits prior highs. All four lines are visible across the report’s holdings, staking, network, and inflow charts.

For valuation context, CryptoQuant ties the April-to-September advance to a dual engine of institutional participation and on-chain throughput. That framing pairs the top-down demand capture of ETFs with bottom-up settlement use across DeFi and tokens.

It also leaves room for periods where activity outruns price or vice versa. In those phases, realized bands and exchange-flow gauges help separate consolidation from distribution, especially when positioning is already heavy among large holders.

The near-term setup, therefore, revolves around whether ETH holds its footing into a second attempt at the realized band, with funds, whales, staking, and activity providing most of the signal on whether the cycle keeps its pace or pauses.

According to the report, the realized price upper band near $5,200 remains the level in focus.

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2025 Gold Out Shoes Q4 Breakout as Bitcoin Gold Ratio Eye https://earlybirdsinvest.com/2025-gold-out-shoes-q4-breakout-as-bitcoin-gold-ratio-eye/ https://earlybirdsinvest.com/2025-gold-out-shoes-q4-breakout-as-bitcoin-gold-ratio-eye/#respond Thu, 04 Sep 2025 09:19:36 +0000 https://earlybirdsinvest.com/2025-gold-out-shoes-q4-breakout-as-bitcoin-gold-ratio-eye/

Gold is the standout performer of 2025, climbing over 33%.

It’s three times the profit of the Nasdaq 100 index and almost twice the bitcoin (BTC) performance. In fact, it only costs 31.2 ounces of gold to buy one BTC, known as the BTC-XAU ratio, which fell from 40 ounces last December.

Metals, normally used as heaven during times of financial stress, are supported by government bond yields across major Western economies, reflecting high debt burdens, sustained inflation concerns and slowing growth. These dynamics reinforce the historical role of gold as a store of value, highlighting why all other investments deserve a benchmark where they are measured.

btcusd/xauusd (tradingview)

According to technical analysis, the BTC-XAU ratio is integrated within the large rising triangle, a bullish continuation pattern that has been formed since 2017. The 2024 level of the ratio seen at the end of 2021 has been revised at around 25%. This structure refers to potential breakouts by the second half of the fourth quarter or early next year.

Importantly, previous cycles of this ratio saw serious drawdowns before new highs were established for 84% in 2019, 75% in 2020 and 78% in 2022. The current pullback is much shallower, suggesting underlying strength, and maintaining the long-term bullish case.

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Stablecoins eye explosive leap from $282B today to $500B by end of 2026 https://earlybirdsinvest.com/stablecoins-eye-explosive-leap-from-282b-today-to-500b-by-end-of-2026/ https://earlybirdsinvest.com/stablecoins-eye-explosive-leap-from-282b-today-to-500b-by-end-of-2026/#respond Fri, 29 Aug 2025 14:55:08 +0000 https://earlybirdsinvest.com/stablecoins-eye-explosive-leap-from-282b-today-to-500b-by-end-of-2026/

Stablecoin supply has grown to around $280 billion after the United States enacted the GENIUS Act in July.

Those two tracks, policy and distribution, frame the question in front of the market: Can supply continue to grow from $280 billion to $500 billion by late 2026?

Treasury has now opened a public comment window to develop the rulebook. The request for comment, mandated by the Guiding and Establishing National Innovation for U.S. Stablecoins Act, seeks input on supervision, reserves, disclosure, and illicit finance controls.

Bank trade groups are pressing lawmakers to close a perceived yield channel through exchanges, since the statute bars issuers from paying interest directly to holders. This change would shape product design and user incentives if adopted.

Per The Verge, X plans to debut X Money this year with Visa. That creates a payments on-ramp that could carry dollars over crypto settlement if stablecoins are added later, aligning mainstream UX with regulated issuance.

DefiLlama currently places the stablecoin float near $282 billion, and Sentora data shows July on-chain settlement above $1.5 trillion, a new monthly high that points to throughput at scale even before consumer distribution expands. Over the past seven days, the total stablecoin market cap has grown by $6.5 billion, which is a 2.3% overall increase.

Reserve composition links this growth path to the Treasury market. Tether’s Q2 attestation shows about $127 billion in U.S. Treasury bills and a quarterly profit of $4.9 billion, which makes stablecoin reserves a material buyer of short-dated paper.

A larger outstanding float would channel more demand to bills and repos during a period of heavy issuance, a point the Kansas City Fed explored in recent analysis of potential funding shifts.

From today’s base, reaching $500 billion by December 2026 would require about 3.7 percent compound monthly growth, a simple arithmetic bridge that helps frame scenarios without making a call on pace.

MiCA is already reshaping the European venue map. ESMA guidance pressed exchanges to transition away from non-compliant stablecoin trading pairs by the end of Q1 2025, and Binance followed by delisting those pairs for EEA users while keeping custody and conversions available.

This pushes EEA liquidity toward compliant tokens, with USDC and euro-denominated EMTs positioned for regulated distribution in that bloc.

The economics for merchants sit in the background. The Motley Fool places card processing in a band that often exceeds 2 percent for online payments, with network and processor components layered on top.

A stablecoin settlement that clears below those levels, combined with instant payouts and programmable refunds, builds a case for checkout and cross-border payouts once compliant off-ramps are embedded in wallets.

The political economy will matter. Banks warn of deposit flight if exchanges can continue to offer reward-style returns while issuers cannot, and some ask Congress to amend the statute.

Policy choices here intersect with market structure, since reserve yields flow to issuers or intermediaries and influence wallet incentives and bank participation. The Kansas City Fed notes that more tokenized cash could alter credit intermediation even as it adds a buyer to the front end.

The near term is execution. The GENIUS Act is law, the Treasury request for comment is active, X Money’s launch window is public, and MiCA timelines are in effect. The calendar now runs through rulemaking, wallet rollouts, and market plumbing, not hype.

Mentioned in this article
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Ethereum Price Faces Selling Pressure, Bulls Eye $4,600 Comeback https://earlybirdsinvest.com/ethereum-price-faces-selling-pressure-bulls-eye-4600-comeback/ https://earlybirdsinvest.com/ethereum-price-faces-selling-pressure-bulls-eye-4600-comeback/#respond Thu, 28 Aug 2025 03:55:04 +0000 https://earlybirdsinvest.com/ethereum-price-faces-selling-pressure-bulls-eye-4600-comeback/

Ethereum price started a fresh decline from the $4,630 zone. ETH is now showing bearish signs and might decline further below $4,460.

  • Ethereum is struggling to settle above the $4,630 zone.
  • The price is trading below $4,580 and the 100-hourly Simple Moving Average.
  • There was a break below a rising channel with support at $4,600 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start another increase unless there is a close below $4,460 in the near term.

Ethereum Price Faces Hurdles

Ethereum price started a downside correction and tested the $4,310 zone, like Bitcoin. ETH price found support and recently started a fresh increase.

There was a move above the $4,400 and $4,420 levels. The price cleared the 23.6% Fib retracement level of the key decline from the $4,956 swing high to the $4,310 low. However, the bears were active near the $4,630 resistance zone.

The 50% Fib retracement level of the key decline from the $4,956 swing high to the $4,310 low is acting as a hurdle. Recently, there was a break below a rising channel with support at $4,600 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,580 and the 100-hourly Simple Moving Average.

On the upside, the price could face resistance near the $4,580 level. The next key resistance is near the $4,630 level. The first major resistance is near the $4,710 level.

Ethereum Price
Source: ETHUSD on TradingView.com

A clear move above the $4,710 resistance might send the price toward the $4,820 resistance. An upside break above the $4,820 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,880 resistance zone or even $5,000 in the near term.

More Losses In ETH?

If Ethereum fails to clear the $4,630 resistance, it could continue to move down. Initial support on the downside is near the $4,460 level. The first major support sits near the $4,420 zone.

A clear move below the $4,420 support might push the price toward the $4,310 support. Any more losses might send the price toward the $4,240 support level in the near term. The next key support sits at $4,150.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSIThe RSI for ETH/USD is now below the 50 zone.

Major Support Level – $4,460

Major Resistance Level – $4,630

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Bitcoin Price Tries to Climb Again – Bulls Eye Short-Term Upside https://earlybirdsinvest.com/bitcoin-price-tries-to-climb-again-bulls-eye-short-term-upside/ https://earlybirdsinvest.com/bitcoin-price-tries-to-climb-again-bulls-eye-short-term-upside/#respond Thu, 07 Aug 2025 02:51:31 +0000 https://earlybirdsinvest.com/bitcoin-price-tries-to-climb-again-bulls-eye-short-term-upside/

Bitcoin price is attempting to recover above the $114,200 zone. BTC is now consolidating and might attempt to clear the $115,500 resistance zone.

  • Bitcoin started a recovery wave above the $113,500 zone.
  • The price is trading above $114,000 and the 100 hourly Simple moving average.
  • There was a break above a bearish trend line with resistance at $114,300 on the hourly chart of the BTC/USD pair (data feed from Kraken).
  • The pair might start another increase if it clears the $115,500 resistance zone.

Bitcoin Price Attempts Recovery

Bitcoin price found support near the $112,000 zone and started a recovery wave. BTC was able to climb above the $113,500 and $114,200 resistance levels.

Besides, there was a break above a bearish trend line with resistance at $114,300 on the hourly chart of the BTC/USD pair. The price climbed toward the 50% Fib retracement level of the move from the $118,918 swing high to the $112,000 low.

However, the bears were active near the $115,500 resistance and the price struggled to continue higher. Bitcoin is now trading above $114,000 and the 100 hourly Simple moving average.

Immediate resistance on the upside is near the $115,000 level. The first key resistance is near the $115,500 level. The next resistance could be $116,250 or the 61.8% Fib retracement level of the move from the $118,918 swing high to the $112,000 low.

Bitcoin Price
Bitcoin Price

A close above the $116,250 resistance might send the price further higher. In the stated case, the price could rise and test the $117,500 resistance level. Any more gains might send the price toward the $118,000 level. The main target could be $120,000.

Another Drop In BTC?

If Bitcoin fails to rise above the $115,500 resistance zone, it could start another decline. Immediate support is near the $114,200 level. The first major support is near the $113,500 level.

The next support is now near the $112,000 zone. Any more losses might send the price toward the $110,500 support in the near term. The main support sits at $108,500, below which BTC might continue to move down.

Technical indicators:

Hourly MACD – The MACD is now losing pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level.

Major Support Levels – $113,500, followed by $112,000.

Major Resistance Levels – $115,500 and $117,500.

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Indonesian officials eye Bitcoin mining for national reserves after key meeting https://earlybirdsinvest.com/indonesian-officials-eye-bitcoin-mining-for-national-reserves-after-key-meeting/ https://earlybirdsinvest.com/indonesian-officials-eye-bitcoin-mining-for-national-reserves-after-key-meeting/#respond Wed, 06 Aug 2025 07:11:14 +0000 https://earlybirdsinvest.com/indonesian-officials-eye-bitcoin-mining-for-national-reserves-after-key-meeting/

Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s office and Bitcoin Indonesia, Asia’s largest BTC community.

The meeting marked a pivotal moment in Indonesia’s evolving approach to digital assets, as officials explored the potential role of Bitcoin in strengthening long-term economic resilience.

Among the ideas discussed were the use of Bitcoin mining as a reserve strategy and the benefits of holding BTC as a hedge against inflation and global monetary instability.

Bitcoin as a reserve asset

Bitcoin Indonesia facilitated the meeting by presenting macroeconomic trends, including changing global reserve strategies, inflationary risks, and increasing crypto adoption among sovereign nations.

Officials reportedly showed interest in further education on the asset class, with some expressing curiosity about projections linking Bitcoin’s value trajectory to Indonesia’s 100th independence anniversary in 2045.

Indonesia’s reserve portfolio currently consists primarily of gold, U.S. dollars, and sovereign bonds. The inclusion of Bitcoin would mark a strategic expansion into digital assets, following in the footsteps of countries like El Salvador and Bhutan, which have incorporated Bitcoin through state-led purchases and mining operations.

Sovereign accumulation

The meeting came as other nations accelerate their Bitcoin strategies after the US established its own Strategic Bitcoin Reserve earlier this year, holding nearly 200,000 BTC it confiscated over the years.

Meanwhile, US states like Texas have furthered plans to establish their own BTC reserves separate from the federal government.

Trailblazer El Salvador holds more than 6,000 BTC, while Bhutan has built one of the world’s largest sovereign Bitcoin positions through mining.

Kazakhstan is reviewing investment plans involving Bitcoin ETFs and blockchain firms, while neighboring Pakistan is looking to direct excess energy to mining Bitcoin and adopt it as a reserve asset.

These developments have prompted Indonesian officials to reassess their reserve mix and consider whether digital assets offer advantages in a shifting global economy.

Presenters suggested that gradual adoption, through limited holdings or mining, could complement existing frameworks without disrupting traditional reserve structures.

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Ethereum Price Stays Elevated—Bulls Eye Further Upside https://earlybirdsinvest.com/ethereum-price-stays-elevated-bulls-eye-further-upside/ https://earlybirdsinvest.com/ethereum-price-stays-elevated-bulls-eye-further-upside/#respond Wed, 23 Jul 2025 04:11:13 +0000 https://earlybirdsinvest.com/ethereum-price-stays-elevated-bulls-eye-further-upside/

Ethereum price started a fresh increase above the $3,720 zone. ETH is now showing bullish signs and might continue to rise toward the $3,850 zone.

  • Ethereum started a fresh increase above the $3,720 level.
  • The price is trading above $3,670 and the 100-hourly Simple Moving Average.
  • There is a key bullish trend line forming with support at $3,670 on the hourly chart of ETH/USD (data feed via Kraken).
  • The pair could start a fresh increase if it remains supported above the $3,650 zone in the near term.

Ethereum Price Aims Fresh Increase Above $3,800

Ethereum price started a fresh increase above the $3,660 zone, outperforming Bitcoin. ETH price gained pace for a move above the $3,720 resistance zone to remain in a positive zone.

The bulls even pumped the price above $3,800. Finally, it tested the $3,860 zone. A high was formed at $3,859 and the price recently corrected some gains. There was a move below the 50% Fib retracement level of the upward move from the $3,481 swing low to the $3,859 high.

The price tested the 61.8% Fib retracement level of the upward move from the $3,481 swing low to the $3,859 high. Ethereum price is now trading above $3,650 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $3,670 on the hourly chart of ETH/USD.

On the upside, the price could face resistance near the $3,770 level. The next key resistance is near the $3,800 level. The first major resistance is near the $3,850 level. A clear move above the $3,850 resistance might send the price toward the $3,920 resistance.

Ethereum Price
Source: ETHUSD on TradingView.com

An upside break above the $3,920 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,000 resistance zone or even $4,200 in the near term.

Are Downsides Supported In ETH?

If Ethereum fails to clear the $3,770 resistance, it could start a downside correction. Initial support on the downside is near the $3,670 level. The first major support sits near the $3,650 zone.

A clear move below the $3,620 support might push the price toward the $3,550 support. Any more losses might send the price toward the $3,450 support level in the near term. The next key support sits at $3,320.

Technical Indicators

Hourly MACDThe MACD for ETH/USD is losing momentum in the bullish zone.

Hourly RSIThe RSI for ETH/USD is now above the 50 zone.

Major Support Level – $3,670

Major Resistance Level – $3,800

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