Is a profit-taking dip looming just beneath the surface?
Stellar (XLM) could be on the verge of a major move, as a classic setup on its hourly chart might trigger a 15% swing, but the direction remains uncertain.
Stellar registered an ATH in stablecoins, with other metrics suggesting an increase in network activity.
The crypto market lost momentum over the past 24 hours, as cryptocurrencies, including Bitcoin (BTC), registered notable declines. As a result, the crypto market cap shrunk by just over 1%, falling to $2.58 trillion.
Frog-themed meme coin PEPE has confirmed a death cross on its four-hour chart, a bearish technical indicator triggered when the 50-period simple moving average (SMA) crosses below the 200-period SMA. This development signals potential downside momentum, especially as PEPE continues to trade beneath key moving averages on both the four-hour and daily charts.
Stellar (XLM) is under renewed pressure as global trade concerns intensify, triggering a broader risk-off sentiment in crypto markets. According to CoinMarketCap, XLM is trading at $0.2153, marking an 8.55% drop over the past 24 hours.
XRP rival Stellar (XLM) has subtly slid into rebound mode after the coin survived a major sell-off trend that gripped the industry on April 10. As of press time, the combined market capitalization has dropped by 1.05% to $2.57 trillion, setting a mildly bearish path for assets like Stellar to follow.
Stellar (XLM)'s Proof-of-Agreement consensus mechanism emphasizes trust and social reputation, enhancing security and decentralization compared to traditional Proof-of-Stake systems.
Frog-themed cryptocurrency PEPE recently confirmed a "death cross" on its four-hour chart. A death cross happens when a short-term moving average (such as the 50 SMA) crosses below a longer-term moving average (such as the 200 SMA), indicating potential bearish momentum on the market.
Meme coins stand among the biggest beneficiaries of the market revival following Trump's tariff war reversal—so, is it time to buy the dip? The post Should You Buy Meme Coins Now? PEPE Rockets Up 14% in a Day appeared first on Cryptonews.
PEPE has faced price fluctuations in the last seven days. The meme coin plunged to a low of $0.000005844 within this time frame as it experienced volatility.
With the confirmation of a death cross, a technical pattern in which the 50-day moving average crosses below the 200-day moving average, Stellar has entered bearish territory. This pattern usually denotes a protracted downward trend and declining investor confidence.
Even with memes like Shiba Inu and Pepe Coin surfacing, ongoing analysis remains on what might be forgotten and is likely to be volatile in the following months. Current sentiments suggest that the hope that these meme tokens are either losing zero or worth growing tenfold appears too optimistic.
PEPE's short-term price action might take an interesting turn soon
In the rapidly shifting landscape of cryptocurrencies, Mutuum Finance (MUTM) is emerging as a promising new player that has the potential to deliver impressive returns. Unlike Dogecoin (DOGE), which is priced at around $0.07, Shiba Inu (SHIB) at $0.000008, and Pepe Coin (PEPE) at $0.000001, MUTM is currently available at an attractive presale.
Uniswap faced resistance around the $5.5-level. Until it can climb beyond it, traders must maintain a bearish outlook.
Today, April 9, 2025, following the opening bell of the US market, the overall cryptocurrency market jumped by 1.90%, indicating a potential upside rally. Amid this, Pepe (PEPE), the popular meme coin, has formed a bullish price action and is poised for a massive upside rally.
A PEPE whale has offloaded over 723 billion tokens, converting them to the DeFi stablecoin DAI, signaling a lack of confidence in the asset.
The major market sell-off catalyst is at play again as the ongoing global trade concerns appear to be escalating, impacting risk assets like Stellar (XLM). According to data from CoinMarketCap, Stellar's price changed hands for $0.2153, down by 8.55% in the past 24 hours.
Pepe Coin whales sent shockwaves across the broader crypto market by offloading over 1 trillion tokens recently. Data from numerous transaction trackers revealed that large-scale investors have embarked upon a PEPE-selling spree amid the ongoing crypto market slump.
It can safely be said that the memecoins are entirely at the mercy of market sentiment, and this is in the toilet right now. If things do not turn around, and this is not looking likely in the current global trade war environment, the memecoins could head to zero a lot quicker than some expect.
The US SEC will hold its second crypto roundtable on April 11, with representatives from Coinbase, Uniswap Labs, and Cumberland DRW participating.
Stellar (XLM) has dropped 1.83% in the past 24 hours, now trading at $0.22, deepening its bearish trend. The cryptocurrency is edging closer to forming a death cross a technical indicator that signals potential long-term weakness when the 50-day moving average (MA) drops below the 200-day MA.
The U.S. Securities and Exchange Commission (SEC) is holding a roundtable discussion on April 11, inviting crypto industry leaders, particularly ones negatively affected by the previous administration, and calling the event “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading”. The roundtable will focus on regulation, especially with a future-oriented direction, being the second of a five-part series.
After a 6% price decline, XLM, the native token of Stellar, has begun heading toward its next support level. As of today, April 9, 2025, the market appears to be continuing its downward trend, as the tariff war between the United States and other countries shows no sign of ending soon.
After a daily loss of 1.83% Stellar's price is currently at $0.22, aggravating the bearish state of the asset. As a result of the overall decline in the market, XLM is now in danger of a death cross, a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average.
The Securities and Exchange Commission (SEC) announced a roundtable titled "Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading" on April 11, 2025, in Washington, D.C. This event will bring together key figures from the crypto industry and traditional finance to discuss the development of a regulatory framework tailored to crypto trading.
Crypto analysts are hailing now as the perfect time to buy Pepe after its price crashed by over 77% from its highest point in December. Most experts cite its strong fundamentals, like the Mean Dollar Invested Age (MDIA), and its strong technicals, including the formation of a double-bottom pattern.
Pepe has recovered by 5% today, yet a recent sale of 196 billion PEPE suggests that the coin may continue falling hard in the near term. The post Is the PEPE Price Crash Just Beginning? Whale Dumps 196 Billion PEPE Tokens appeared first on Cryptonews.
The market is coming back to the green zone, according to CoinStats.
Executives of publicly listed crypto exchange Coinbase and decentralized exchange Uniswap will be panelists at the US Securities and Exchange Commission crypto roundtable. The regulator disclosed this in an announcement outlining the agenda and panelists for the event.
Altcoin prices bounced back as some investors bought the dip following the recent crypto Black Monday, when most of them crashed.
The crypto market bounced back after a volatile Monday, with Bitcoin (BTC) and other cryptocurrencies registering substantial increases after starting the week in freefall. BTC is up over 6% over the past 24 hours, with the flagship cryptocurrency looking to reclaim $80,000.
The US Securities and Exchange Commission (SEC) has shared the names of key participants set to join a discussion on how crypto trading should be regulated.
Stellar is stealthily taking centerstage on the blockchain activity front while XRP continues to struggle with price volatility and major technical breakdowns. Despite a stagnant and declining price performance, recent data indicates that XLM is experiencing a notable uptick in on-chain operations, outpacing XRP in terms of sheer transaction volume.
Key players in the crypto industry are joining the SEC's first of four scheduled roundtables, led by the agency's Crypto Task Force.
The SEC will hold a crypto roundtable on Friday featuring panelists from Coinbase, Cumberland DRW and Uniswap Labs.
The SEC has unveiled the list of industry leaders who will participate in its upcoming roundtable on cryptocurrency trading regulation, set for April 11. The post SEC Roundtable: Uniswap and Coinbase Executives Among Participants Set to Discuss Crypto Regulations appeared first on Cryptonews.
Executives from multiple US crypto and finance firms are set to join the U.S. Securities and Exchange Commission's next roundtable to discuss crypto trading regulations.
Bitcoin and other altcoins bounced back on Tuesday as investors attempted to buy the dip after most of them dropped to their multi-month low. BTC price surged to $80,000, while the total market cap of all coins jumped by over 3.5%. Some of the top-performing tokens were JasmyCoin (JASMY), Pepe (PEPE), and Render (RNDR).
Stellar (XLM) has triggered a major bearish signal with a death cross on its daily chartthe first in 2025. This technical pattern, where the 50-day simple moving average (SMA) crosses below the 200-day SMA, is widely viewed as a sign of potential long-term downward momentum.
The US Securities and Exchange Commission has released the list of executives from US crypto and finance giants that will take part in a roundtable discussion on crypto trading regulation.On April 7, the regulator said its upcoming April 11 roundtable will discuss how it should handle crypto trading rules, calling it “Between a Block and a Hard Place: Tailoring Regulation for Crypto Trading.” It will be the second in a series of discussions on crypto, headed by its recently-formed Crypto Task Force.
Stellar traders can monitor the $0.23 and $0.255 resistance zones to sell XLM.
Stellar (XLM) has completed a death cross on its daily charts, its first major bearish signal of the year. The bearish technical formation comes on the heels of a significant drop in XLM's price, fueling speculation of deeper downside risk.
Amid the ongoing crypto market crash, investors' eyes are on the best crypto to buy before the conditions recover. This is important as investors anticipate that Donald Trump will approve a zero tax policy once the tariff or trade war ends.
Pepe Coin has quickly gained popularity in the crypto community, riding the wave of growing interest in meme coins over the past few years. As of April 4, 2025, the coin is showing steady growth.
Stellar (XLM) may be on the brink of a major trend reversal, as the SuperTrend indicator has flashed bullish for the first time since January 2022. According to crypto analyst Ali, this signal could mark the beginning of a macro shift after more than two years of sideways and bearish movement.
PEPE's short-term direction depends on a few key factors.