Stellar and ApeCoin Price Prediction: XLM and APE at risk of further losses as technical weakness grows
Stellar (XLM) and ApeCoin (APE) are showing signs of weakness as both altcoins struggle to hold above key support levels. XLM slips below its crucial support at $0.2537, raising the risk of a deeper correction. Meanwhile, APE is breaking below the lower boundary of an ascending triangle formation, a breakdown would signal a downtrend. Momentum indicators for both tokens are weakening, suggesting that bearish momentum is gaining traction and hinting at a downleg ahead.
SUI Price Forecast: Triangle meltdown risks extended correction amid growing bearish bias
Sui (SUI) trades on a weaker note near a crucial support level at $2.78 on Wednesday following Tuesday’s steep correction. The negative outlook persists in the derivatives market as Open Interest (OI) crashes to a monthly low alongside the taker sell volume, pointing to an extended downfall.
Bitcoin Price Forecast: BTC steadies around $105,000 ahead of Fed decision, possible US involvement in Israel-Iran conflict
Bitcoin (BTC) hovers around $105,000 at the time of writing on Wednesday, following a 2% drop the previous day. Traders' are waiting for the US Federal Reserve (Fed) interest rate decision due later in the day, which could bring volatility to risky assets, such as BTC. Meanwhile, the risk sentiment stabilizes despite US President Donald Trump considering options for US military action against Iran.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended Content
Editors’ Picks
Dogecoin could extend technical breakout, targeting $0.20 threshold
Dogecoin is steadying its recovery on Tuesday, following a technical breakout in the previous month. The leading meme coin hovers at around $0.1701 at the time of writing, showcasing the potential for further gains while aiming for the resistance level of $0.2000.
Pi Network Price Forecast: Whales acquire over 2 million PI tokens amid slowdown under $0.50
Pi Network (PI) edges lower by nearly 1% and trades at $0.45 at press time on Tuesday as the available wallet balance of centralized exchanges (CEX) grows, suggesting increased supply pressure.
Crypto Today: Bitcoin, Ethereum, XRP showcase recovery potential despite renewed tariff uncertainty
Cryptocurrency prices show signs of recovery on Tuesday following a volatile session the prior day, driven by tariff uncertainty and trade tensions between the United States (US) and its trading partners.
Bitcoin stabilizes at $108,000 as Trump’s tariff moves spark fresh risk-aversion
Bitcoin price stabilizes around $108,000 on Tuesday after a brief dip, showing resilience amid macroeconomic headwinds. President Trump sends out new “tariff letters” and extends the deadline for reciprocal tariffs to August 1, triggering a fresh wave of global risk-aversion.
Bitcoin: BTC ends Q2 with 30% gains, Standard Chartered eyes $200K by year-end
Bitcoin (BTC) closed a strong second quarter (Q2), recording nearly 30% in quarterly gains amid rising corporate and institutional demand and bullish market sentiment.
The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.