Litecoin Price Analysis: Price movement remains sluggish, despite high network activity
Despite the recent drop in prices, Litecoin's (LTC) network activity has continued to be significantly high. Data by Santiment shows that Litecoin has witnessed a three-month high in address activity divergence when compared to its current price level.
Binance Coin Forecast: BNB aims for new yearly highs, report shows BNB is undervalued
Binance Coin, the official digital coin of the largest cryptocurrency exchange by reported daily volume and number of users, Binance is on a gradual retreat from the 1-hour timeframe. Following the recent break above $25, BNB trades at $23.24 while hunting for support, preferably above $22.
Aelf Market Update: SashimiSwap shoots up ELF by >140%
Aelf has caused quite a stir by jumping up by more than 140% this Thursday. The real catalyst behind this growth appears to be SasimiSwap, Aelf’s version of the infamous SushiSwap. Back on August 28, Aelf released AESwap, a decentralized trading platform and its first DeFi project. On September 9, AESwap launched SashimiSwap, its version of SushiSwap.
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XRP rally to $3 at risk as network activity and whale holdings drop
XRP's drop from recent highs of $2.65 on May 12 tests the 50-day EMA support as downside risks emerge. XRP faces declining network activity amid subdued daily active addresses.
Bitcoin open interest hits new all-time high, echoing pre-ATH rally setup
Bitcoin price stabilizes above $106,000 on Wednesday, just 3% shy of its all-time high at $109,588. BTC’s open interest hits a new all-time high of $75.14 billion, mirroring the setup of previous bullish cycles.
Monero rally in spotlight amid broader resurgence of interest in privacy-focused cryptocurrencies
Privacy-focused Monero is back in the spotlight, surging near 30% in May to $362. Monero's price increase reflects rising interest in privacy-focused crypto, driven by growing surveillance and regulatory scrutiny concerns.
Pepe Price Forecast: Bullish momentum builds as open interest, funding rate support rally hopes
PEPE price jumps over 5% on Wednesday after rebounding from a key support level the previous day. On-chain data shows rising open interest and a flip to positive funding rates, signaling strong bullish sentiment.
Bitcoin: BTC stabilizes near $103,000 amid trade optimism, rising institutional demand
Bitcoin (BTC) price stabilizes at around $103,000 when writing on Friday, after facing multiple rejections at the key $105,000 resistance level throughout the week.
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