Price Prediction: Litecoin, Algorand & Polygon — Asian Wrap 25 May

FXStreet Team FXStreet

Litecoin price targets $80 as contrarian bulls step in

Litecoin price action is prepping for a sharp rally to $80 to counterbalance the time-consuming triangle pattern. Litecoin price is developing subtle bullish cues that could catch bearish traders off guard. The market conditions have been very mundane for the Litecoin price since the initials sell-off on May 12.

Algorand price is in its final decline towards $0.36

Algorand price is still declining since the steep decline into lows at $0.36 on May 12. The ALGO price action's time-consuming market behavior appears to form a C wave ending-diagonal pattern, which means the downtrend will soon end.

Investors are disappointed in Polygon Networks' MATIC price for these reasons

MATIC price hints at further drops in the coming days as the Polygon Network is in a make-or-break phase. MATIC price is steadily falling to start this week's trading session. The self-proclaimed Ethereum transaction solution coin gained notoriety in early 2021 for its cheap and fast transaction fees.

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FXStreet Team

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Bitcoin eyes 50-day EMA breakout, Ethereum consolidates, XRP steadies

Bitcoin, Ethereum, and Ripple trade near key technical levels on Friday as the broader cryptocurrency market pauses following last week's recovery. BTC is approaching the 50-day Exponential Moving Average while ETH continues to consolidate between two major EMAs.

Uniswap lead gains, Cardano and NEAR risk rejection at EMAs resistance

Top altcoins Uniswap, Cardano and Near Protocol all saw gains on Thursday after a slight recovery across the crypto market. UNI rallied over 10% on Thursday, reaching a six-month high after unveiling Launches, a new feature in its Web App that aggregates tokens across launchpads that leverages the decentralized exchange as their trading infrastructure.

Aave to sunset Sonic, Aptos, zkSync, Scroll reserves, affecting $98 million in supply

Aave is planning to sunset 75 low-activity reserves across its decentralized finance protocol as part of a broader effort to reduce operational, technical and economic risks across its network of deployments.

Strategy, Coinbase post weak Q2 earnings amid prediction market growth for the exchange

Strategy reported an $8.33 billion operating loss in the second quarter of 2026, according to its earnings report released Thursday. The losses were largely driven by an $8.32 billion unrealized loss on its Bitcoin holdings as the top crypto's price declined during the period. The company also reported an $8.22 billion net loss for the quarter, or $24.45 per diluted share.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.