ETH Price Prediction: $2,400 Target in 7 Days, But $2,284 Break Changes Everything

Market Context: Why ETH is Moving Now  Ethereum sits in trading purgatory, grinding sideways in a $38 range while the market waits for direction. The price action screams indecision—we‘re trading just $10 above the 20-day moving average with momentum flatlining at exactly zero on the MACD histogram. This isn’t accumulation or distribution; its a coiled spring waiting for the next catalyst.  The derivatives market tells a more interesting story. Open interest jumped 2.35% in 24 hours to over $5.1 billion, signaling fresh positioning ahead of what traders expect to be a significant move. When Blockchain.news reported on similar setups in previous cycles, the breakout typically followed within 48-72 hours.  Indicator Alignment  The technicals paint a picture of controlled consolidation rather than weakness. While the RSI sits neutrally at 53.86, the key insight lies in the Bollinger Band positioning at 0.58—were closer to the upper band than lower, suggesting underlying strength despite the sideways chop.  The moving average stack reveals the real battle: ETH trades above the 7-day ($2,330) and 20-day ($2,319) but remains trapped below the 200-day at $2,663. This creates a clear roadmap—break above $2,361 resistance and we target the 200-day, fail below $2,284 and were looking at $2,200 or worse.  Hourly candlesticks (about 96

05-11Industry

LUNC Price Reclaims $0.0001 After Sell-Off—Can a Short Squeeze Push It to $0.00012?

The post LUNC Price Reclaims $0.0001 After Sell-Off—Can a Short Squeeze Push It to $0.00012? appeared first on Coinpedia Fintech News  Terra Classic has gained immense attention in the past few days as the price triggered a sudden rise of close to 190%. Although the volume behind the surge was below the average levels, it hinted towards a rise in the traders participation. Currently, the LUNC price has staged a strong recovery after a brief pullback, reclaiming the crucial $0.0001 level and reviving a strong bullish momentum.  On the other hand, the current upswing seems to be backed by a strong spot accumulation, which may further lead to a short squeeze. With this, the question arises whether the LUNC price will rise above the pivotal resistance at $0.00014.  LUNC Price Gearing for a Sharp Recovery  As seen in the daily chart, LUNC is attempting to break above a long-standing ascending resistance trendline near the $0.00012 region. The latest rally has been supported by consecutive bullish candles and rising volume, indicating growing market participation. Meanwhile, the RSI continues to hover near the overbought zone, suggesting strong bullish momentum despite a minor cooldown.  The price currently trades above the key support at $0.0001, which now acts as

05-11Industry

Dogecoin Volumes Drop 50% as Price Faces Key Test at $0.10

Dogecoins trading volume has declined in a quiet trading session following the weekend. In the last 24 hours, Dogecoin volume was down nearly 50% to $669 million according to CoinMarketCap data.  Crypto markets often see a “quiet” weekend, marked by lower trading volumes and liquidity which can result in slower price action and volatility from fewer trades. Volume can be lower than on weekdays, creating a thinner market.  At the time of writing, Dogecoin was down 0.48% in the last 24 hours to $0.108, a level most analysts are watching closely.  Ripple‘s ’North Star‘ XRP Doubles ETF Inflows Amid Tokenization Breakthrough; SHIB Decouples From Dogecoin; Bitcoin Eyes $94,500 as ’Sell in May Trigger: Bollinger Bands – Morning Crypto Report  Avalanche Founder Warns of Bitcoin (BTC) Crisis  Dogecoin price faces a key test at this level after an earlier rise to $0.117 on May 6. Before the rise, Dogecoin price compressed into a very tight range with the $0.10 level acting as stiff resistance, preventing a breakout on five consecutive attempts.  You Might Also Like  Major cryptocurrencies paused their recent rally, with Dogecoin retreating, erasing weekly gains.  Dogecoin steadily rose from a low of $0.092 on April 20, reaching a high of $0.117 before it started declining into a

05-11Industry

Strategy CEO Outlines Criteria for Bitcoin Sales

“We could stop selling MSTR common stock right now,” Saylor said, adding, “We can fund the dividends with Bitcoin sales.”  The company holds 818,334 BTC, valued at more than $66 billion at the time of this writing, making it the largest publicly traded BTC treasury company, according to data from .  Treasury companies offloading their BTC may create selling pressure that negatively impacts Bitcoin‘s price; however, Le said that BTC’s daily trading volume of about $60 billion is enough to absorb the more than $1 billion in annual dividends that Strategy owes.  Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraphs Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

05-11Industry

DeepBook suffers $239.7K bad debt – What it means for leveraged DeFi

The disruption unfolded as collateral values deteriorated faster than DeepBooks liquidation engines could react during volatile conditions.  Withdrawal thresholds near 2.0x and liquidation targets around 1.25x briefly failed to absorb the shock. That weakness exposed how rapidly leverage can destabilize shared liquidity pools once volatility accelerates.  However, protocol solvency remained intact as the insurance fund fully restored affected balances without user losses.  That response prevented broader contagion across DeepBooks roughly $16 million ecosystem liquidity, while reinforcing how liquidation latency still threatens leveraged DeFi systems during sharp market swings.  Margin pause limits contagion risk  As bad debt rapidly accumulated inside DeepBooks USDC margin pool, governance responded by pausing margin trading within minutes. The suspension prevented additional leverage exposure from spreading across the protocol during volatile trading conditions.  Before the disruption, DeepBook processed a steady $10–15 million in daily trading volume.  Meanwhile, ecosystem liquidity held near $16.09 million, reflecting growing activity across Suis trading layer.  The pause sharply reduced leveraged flows, though spot Central Limit Order Book (CLOB) activity continued operating without major disruption.  That separation prevented broader liquidation spirals from destabilizing shared liquidity pools and emerging prediction markets.  However, the event also exposed how rapidly collateral shocks can overwhelm leveraged systems once volatility accelerates beyond liquidation response speed.  Leverage efficiency continues to

05-11Industry

OpenAI presidents private journal entries read aloud in Elon Musk lawsuit

A private journal kept by OpenAI President Greg Brockman is now courtroom evidence, and its contents are exactly as awkward as you‘d expect when someone’s personal reflections about getting rich collide with a company that was founded to benefit humanity.  The diary entries, which span roughly a decade of internal deliberations at OpenAI, were read publicly during the ongoing trial between Elon Musk and the AI company. They detail Brockmans thinking about transitioning OpenAI from a non-profit to a for-profit entity, including estimates of a pathway to $1B in personal net worth amid a $30B company valuation.  What the journal actually says  The entries were originally submitted as sealed evidence in October 2025 before being publicly unsealed in January 2026. They cover years of internal debate at OpenAI about the organizations structure, its financial trajectory, and the tensions that come with trying to build world-changing technology while also, apparently, doing some back-of-the-napkin math on personal wealth.  One notable entry addresses Elon Musk‘s departure from OpenAI. Brockman’s writing suggests that Musks exit was perceived internally as a morale hit, partly because of concerns about his pursuit of artificial general intelligence, or AGI.  Brockman has faced direct questioning during the trial about Musk‘s central allegation, that OpenAI

05-11Industry

Solana-Based Meme Coin Launchpad Pump.fun Traders See Turnaround in 2026: CoinGecko

CoinGeckos data suggests that a smaller, more selective trader base is now driving improved outcomes on Pump.fun compared to the 2024-2025 period.  ;  }  function loadTrinityPlayer(targetWrapper, theme,extras=“”) {  cleanupPlayer(targetWrapper); // Always clean first ✅  targetWrapper.classList.add(‘played’);  // Create script  const scriptEl = document.createElement(“script”);  scriptEl.setAttribute(“fetchpriority”, “high”);  scriptEl.setAttribute(“charset”, “UTF-8”);  const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);  scriptURL.searchParams.set(“pageURL”, window.location.href1);  scriptEl.src = scriptURL.toString();  // Insert player  const placeholder = targetWrapper.querySelector(“.add-before-this”);  placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);  }  function getTheme() {  return document.body.classList.contains(“dark”) ? “dark” : “light”;  }  // Initial Load for Desktop  if (window.innerWidth 768) {  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),  });  }  }  // Mobile Button Click  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),  });  }  function reInitButton(container,html){  container.innerHTML = + html;  }  // Theme switcher  const destroyButton = document.getElementById(“checkbox”);  if (destroyButton) {  destroyButton.addEventListener(“click”, () = {  setTimeout(() = {  const theme = getTheme();  if (window.innerWidth 768) {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if(desktopWrapper.classList.contains(‘played’)){  loadTrinityPlayer(desktopWrapper, theme,  }else{  reInitButton(desktopWrapper,‘’)  const desktopBtn = document.getElementById(“desktopPlayBtn”);  if (desktopBtn) {  desktopBtn.addEventListener(“click”, function () {  const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);  if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,‘  });  }  }  } else {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if(mobileWrapper.classList.contains(‘played’)){  loadTrinityPlayer(mobileWrapper, theme,  }else{  const mobileBtn = document.getElementById(“mobilePlayBtn”);  if (mobileBtn) {  mobileBtn.addEventListener(“click”, function () {  const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);  if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,  });  }  }  }  }, 100);  });  }  })();  Pump.fun traders, after a long stretch of weak performance, are beginning to see a clear turnaround in 2026, according to fresh data from CoinGecko.  Between April 2024 and late 2025, most traders exiting positions on the popular Solana-based meme coin platform ended each month with losses. During this

05-11Industry

Everything We Know About Sean Duffys ‘Great American Road Trip’

Transportation Secretary Sean Duffy is facing criticism over his upcoming “Great American Road Trip” reality television show with his family filmed over the last seven months while he was serving as a member of President Donald Trump‘s Cabinet—but the former MTV reality star is insisting his family spent no taxpayer money on the program and won’t receive a paycheck for their participation.  AFP via Getty Images  Key Facts  Speaking to “Fox and Friends” on Friday, Duffy, a former reality television star of MTVs “The Real World” and “Road Rules: All Stars,” said he spent the last seven months intermittently filming a road trip reality television show with his wife, Fox News host Rachel Campos-Duffy.  The trip with some of their nine children is “a civic experience” to highlight destinations across the U.S. as part of the countrys 250th anniversary celebration, according to Duffy, who encouraged Americans to “gas up the car, pack up the kids, get behind the wheel and get out and see America.”  Duffy‘s announcement was quickly met with criticism from Democrats and other online commentators—with Duffy’s predecessor Pete Buttigieg calling the show “brutally out of touch” due to rising gas prices caused by disruptions in the oil market from the Trump administrations

05-11Industry

LINK Price Today Slips Slightly as Traders Track Breakout Setup

Chainlinks price today has been trading above $10, with investors awaiting to see if LINK is able to continue its recent rally from BTC.  In addition to the recent move in Bitcoins price, fresh analyst charts indicated that LINK was testing major resistance areas with market strength from LINK/BTC.  According to data from BraveNewCoin, the price of Chainlink is $10.32, down 0.91% in the past 24 hours. But observers have been looking to see if LINK can continue to push higher than the $10.50 level and move from accumulation to a more prominent breakout period.  LINK BTC Candle Shows Strength  The trend of strength is indicated by the LINK BTC Candle. In a statement, LINK/BTC formed a strong weekly candle, which was an indication of strength within the crypto market, not just Bitcoin. The chart he drew indicated that LINK/BTC had been in a long downtrend but was now pressing higher to create a higher-low chart pattern around the bottom of the range.  According to his perspective, the earlier 40% increase in Bitcoin has raised the confidence of the entire market. This confidence can drive investment into other cryptocurrencies as traders look for more promising opportunities and higher returns.  In particular, the X chart of van

05-11Industry

Bitcoin Surges on Clarity Momentum

Published: May 10, 2026 at 18:24  The long-awaited $80,000 barrier has finally been shattered.  Today, May 10, 2026, Bitcoin (BTC) reached an intra-day high of $80,690, buoyed by a powerful wave of institutional inflows and a critical legislative update in the United States.  This rally is not merely a speculative spike; it is a direct response to the Senate Banking Committee officially setting a markup date for the CLARITY Act. This landmark market-structure bill is viewed as the “final boss” of crypto regulation, aimed at providing the definitive legal certainty needed to fully integrate digital assets into the U.S. financial bedrock.  The market sentiment is overwhelmingly “risk-on.” Analysts are pointing to the $2.44 billion in net ETF inflows recorded over the last week as evidence that Wall Street is no longer just dipping its toes but is now diving headfirst into the asset class. The CLARITY Acts progress suggests a future where the distinction between “commodity” and “security” is finally codified, potentially ending years of “regulation by enforcement.”  As the legislation moves toward a formal vote, the $80,000 mark is being treated as the new institutional floor. For the “HODLers” of 2026, this isn‘t just about a price target; it’s about the validation of a

05-11Industry
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