onomiblock

TLDR Shiba Inu is currently trading within a descending triangle pattern that signals a potential price move Open Interest in SHIB surged by 8% recently, indicating increased speculative activity Technical indicators suggest weakened momentum with the price near critical $0.000014 support level Liquidation data shows a cluster of liquidity just below current support levels Analysts predict either a 9% drop toward $0.0000129 or a possible 17% price swing Shiba Inu (SHIB) has caught the attention of crypto traders as it shows signs of an impending price move. The popular memecoin broke out of a lower timeframe channel last week, briefly sparking bullish hopes before settling into a consolidation pattern. Recent data shows SHIB experienced an 8% surge in Open Interest, indicating increased speculative activity in the market. The memecoin currently trades around $0.00001436, down about 2% over the past seven days. Price action has been sideways recently as traders await a decisiv...

TLDR US Court of International Trade ruled Trump’s April tariffs unconstitutional, citing presidential overreach The ruling invalidates the 10% baseline tariffs and higher rates on specific countries like China S&P 500 futures surged 100 points following the decision, with European indices and Apple stock also rising Former BitMEX CEO Arthur Hayes called the ruling a “buy everything” moment for investors Trump’s administration has already filed an appeal against the decision The US Court of International Trade delivered a major blow to President Donald Trump’s trade policy on Wednesday by striking down his sweeping tariff regime implemented in April. The three-judge panel ruled that Trump exceeded his presidential authority when imposing blanket tariffs on most US trading partners under the International Emergency Economic Powers Act (IEEPA). The court specifically stated that the IEEPA imposes “meaningful limits” on presidential authority. “Any interpretation that dele...

TLDR: LINK forms bullish pennant, signaling potential breakout if $16.50 is breached. RSI and MACD show mixed signals, hinting at possible short-term pause. Chainlink trading volume fell 13.7%, pointing to reduced market participation. $15.00–$15.60 support range remains vital for sustaining bullish structure. Chainlink’s LINK token is showing signs of renewed bullish momentum after weeks of tight consolidation. Technical indicators point to a consolidation phase that could precede price movement, with multiple crypto experts weighing in on the token’s near-term prospects.  The smart contract platform token has been trading within a defined range while showing signs of accumulation. Market participants are monitoring key resistance and support levels that could determine LINK’s next directional move.  Recent ecosystem developments and partnership announcements have added fundamental strength to the technical setup. LINK Price Action Reveals Bullish Pennant Formation Crypt...

TLDR: SHIB forms a symmetrical triangle hinting at a 17% price breakout near $0.0000165 Fibonacci levels show $0.00001538 and $0.00001633 as major bullish targets A bullish pennant suggests a 10% gain could follow recent price consolidation Support at $0.00001412 holds firm, reinforcing bullish setups despite recent pullbacks Shiba Inu shows promising technical signals that could lead to a price rally in the coming days. Market analysts are tracking multiple bullish patterns forming on SHIB charts across different timeframes.  The meme coin appears ready for a potential breakout after weeks of consolidation. Technical indicators suggest the token could target substantial gains if key resistance levels break. Current market conditions align with historical patterns that often precede major price movements. Shiba Inu Triangle Pattern Points to 17% Rally Target Technical analyst Ali Charts identified a symmetrical triangle formation on Shiba Inu’s four-hour chart.  The pattern...

TLDR:   CETUS has surged by almost 30% after announcing a full user reimbursement backed by the Sui Foundation. The $223M hack on May 22 triggered a rapid response, pausing $162M in compromised funds. The SUI Foundation seeks a community vote to unlock funds for recovery and reimbursement. Technicals show bullish momentum, with key resistance near $0.2455 and support at $0.1302. Cetus Protocol (CETUS) has staged a recovery today, surging close to 30% in the past 24 hours after a devastating hack earlier this week.  The token currently trades at $0.1664 with a substantial trading volume of $197 million. Despite a weekly decline of 16.84%, the CETUS price has rebounded strongly following positive developments from the protocol team.  The recovery comes after Cetus announced a comprehensive plan to reimburse affected users fully. This turnaround highlights the nature of DeFi tokens following security incidents. The $223 Million Hack That Shook Cetus Protocol The CETUS price c...

TLDR ADA ETF approval odds have reached 71% ahead of May 29 SEC deadline Daily transactions increased from 30,000 to 50,000 in recent weeks Price currently trading at $0.7524 with bullish technical indicators $680 million worth of ADA tokens moved off exchanges, signaling bullish sentiment Transaction volumes reached $684.6 million in a single day Cardano’s native token ADA has seen increased market activity as the cryptocurrency approaches a critical regulatory decision. With the SEC set to rule on Grayscale’s spot Cardano ETF application on May 29, the market has responded with heightened trading and on-chain metrics showing renewed interest in the blockchain. The odds of an ADA ETF approval have climbed to 71% on Polymarket, marking the highest level of optimism since April 20. This represents a significant shift from mid-April when the chances of approval before the end of 2025 were only 37%. Eric Balchunas, ETF analyst at Bloomberg, has expressed even higher confidence...

TLDR Dogecoin’s open interest surged 5.24% to $1.3 billion in 24 hours, all in perpetual contracts Binance leads DOGE trading with $581 million in open interest, followed by Bybit with $410 million OKX and Coinbase lead in new money inflows with $1.33 million and $1.25 million respectively DOGE price declined below $0.2400, with a low formed at $0.2157 Technical indicators show DOGE consolidating losses with key support at $0.2200 and $0.2120 Dogecoin (DOGE) has experienced heightened market activity with a sharp rise in open interest coinciding with a price decline. The meme cryptocurrency’s market movements show increased trader interest despite recent downward price action. DOGE saw its open interest jump by 5.24% to $1.3 billion over a 24-hour period. This increase came entirely through perpetual contracts, suggesting short-term speculators are driving current market activity. Open interest reflects how much money is flowing into a specific market. The rise indicates mor...