Analyst notes Pepe coin price is eyeing a 103.77% rally, targeting a new all-time high of $0.000028364 in the coming weeks. According to markets expert @LLuciano_BTC, a notable fractal pattern emerged on the one-day chart that indicates if history rhymes, the price of PEPE could rally past previous highs. The bullish structure was accompanied by a 40% surge in derivatives trading volume, which saw them reach $2.4 billion. Pepe Coin Price Eyes $0.000028364 ATH, Says Expert As per a Pepe Coin price analysis by @LLuciano_BTC, PEPE is positioned for a potential rally towards its previous all-time high of $0.00002825, a move that could spark a 103.77% breakout to a new ATH at $0.000028364. The meme token is currently trading just below a key resistance zone, consolidating within a broadening wedge. This bullish continuation pattern forms in trending markets and typically precedes sharp upward price expansions once the asset breaches the… Read More at Coingape.com
US President Donald Trump announced plans to impose a 50% tariff on all goods imported from the European Union, effective from June 1. The announcement has caused some nervousness in the crypto market, as earlier bullish momentum has corrected.
The proposed tariffs come in response to what Trump described as persistent trade imbalances and regulatory barriers. He accused the EU of maintaining unfair trade practices that have harmed US businesses.
Long-Short Ratio Shows Market Confusion
Bitcoin dropped to $108,000 following the announcement, down from a session high of $111,000. It has since recovered to around $109,000 but remains under pressure. The overall crypto market is down 4% over the past 24 hours.
Data from Coinglass shows $64.13 million in crypto liquidations over the last four hours. Long positions accounted for $34.05 million, while short positions made up $30.09 million.
Bitcoin alone saw $24.4 million in liquidations, with Ethereum at $15.16 million.
Meanwhile, Bitcoin’s long-short ratio remains almost equal, which shows a short-term uncertainty in the market’s direction. Yesterday, Bitcoin long positions dominated the charts at 54%.
Bitcoin Long-Short Ratio Over the Past Month. Source: Coinglass
Solana, XRP, and several altcoins also experienced sharp volatility, reflecting heightened volatility across the board.
Analysts warn that the tariff announcement could be the start of broader economic disruption. European stock indices fell sharply, and US tech shares also faced selling pressure.
The trade war is back:
After a brief pause, Trump just threatened 50% tariffs on the EU beginning June 1st and 25% tariffs on Apple.
In 5 days, the S&P 500 has erased -$1.5 trillion of market cap.
What’s next? Here’s why you NEED to watch the bond market.
— The Kobeissi Letter (@KobeissiLetter) May 23, 2025
In crypto, the liquidation heatmap reflects a market caught between downward fear and upward retracement attempts.
The situation is fluid. If the tariff threat escalates into a full trade dispute, risk assets, including cryptocurrencies, may face additional headwinds. Traders are watching closely for any EU response or signs of negotiation.
In the past 24 hours, 162,419 traders were liquidated, totaling $567.65 million. While crypto has often acted as a hedge during traditional market stress, today’s moves show it is not immune to global policy shocks.
Volatility may persist as geopolitical uncertainty mounts.
The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs.
AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum.
After months of meticulous research and development, the Avalanche Foundation, in close collaboration with Rain, a Visa-powered crypto-backed payment card, launched the Avalanche Card on Monday, April 21, during the mid-North American trading session.
The Avalanche Card allows holders to access their crypto assets – initially including AVAX, USDC, and USDT – seamlessly around the world either online or in-store. The Avalanche Card is linked directly to a user’s self-custody wallet and will offer no conversion fees.
The wait is over, the Avalanche Card is now open to all eligible users! Use your AVAX anywhere Visa is accepted, with both digital and physical cards for seamless spending. pic.twitter.com/5SaqEb0C5F
The Avalanche network has grown to a vibrant web3 ecosystem, with more than $1.23 billion in total value locked and over $1.7 billion in stablecoins market cap. In the past two years, the Avalanche network has attracted significant attention from institutional investors seeking to tokenize real-world assets.
For instance, BlackRock and Securitize launched the BUIDL fund on Avalanche Network and tokenized over $500 million. Citibank has in the past been exploring different blockchain use cases on the Avalanche network including tokenization of RWAs.
AVAX Price Analysis
Since the beginning of 2025, AVAX price has been trapped in a correction mode, catalyzed by macroeconomic factors and low demand for altcoins. However, the large-cap altcoin, with a fully diluted valuation of about $14.3 billion and a 24-hour average trading volume of around $343 million, has potentially reached its correction bottom and is ready for market reversal.
In the daily timeframe, AVAX price has already broken out of a falling logarithmic trend established YTD. Most importantly, AVAX price has already rebounded from a crucial support level of around $16, which resulted in a double bottom coupled with a bullish divergence of the daily Relative Strength Index (RSI).
In case of further crypto bullish sentiment, AVAX price is well positioned to rally at least 106 in the near term to trade above $40.
The post Avalanche Card Unveiled: Will It Spark Bullish Momentum for AVAX? appeared first on Coinpedia Fintech News
The Avalanche ecosystem has grown significantly in the past year backed by institutional investors seeking to tokenize RWAs. AVAX price has already broken out of a multi-week correction phase, amid rising crypto bullish momentum. After months of meticulous research and development, the Avalanche Foundation, in close collaboration with Rain, a Visa-powered crypto-backed payment card, launched …
