$LTC Price Momentum Fades Below $94 Wall
Litecoin (LTC) is facing a critical test as it approaches a tight resistance zone between $94.09 and $94.49. Recent price action suggests momentum is fading, with the RSI pulling back from higher levels and signaling reduced buying pressure.
Meanwhile, the MACD histogram is flattening and turning slightly negative, highlighting a slowdown in bullish momentum. The 9-day EMA has started to level out, reflecting market indecision after a brief rally.
If resistance holds, LTC could revisit key support levels at $87.48, $83.51, and $83.38. A breakout above resistance may open the door to fresh upside, while a breakdown below support could trigger a deeper correction.
#Litecoin #LTC #CryptoAnalysis #TechnicalAnalysis
Read the full analysis: ecoinimist.com/2025/05/20/litecoin-struggles-as-momentum-weakens
#BinanceAlpha revela una promoción de tarifas de trading por tiempo limitado para su función de Orden Límite. 🐋🌟
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Fuente: Binance
{alpha}(560x783c3f003f172c6ac5ac700218a357d2d66ee2a2)
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{alpha}(560xc71b5f631354be6853efe9c3ab6b9590f8302e81)
Arbitrum $ARB Analysis
Arbitrum experienced a rollercoaster of a week, with extreme volatility highlighting the ongoing battle between buyers and sellers.
The altcoin kicked off with a bang last Saturday, soaring nearly 28% to hit $0.484. However, the bullish momentum quickly faded, and ARB retraced by almost 7%, ending the session at $0.451. Attempts to recover on Monday fell short, as selling pressure dragged the price down by 4.57% to close at $0.430.
Tuesday brought more turbulence. ARB dropped to an intraday low of $0.406 before bouncing back with a sharp 6.18% gain, recovering to $0.457. The recovery proved short-lived, as sellers reasserted dominance midweek.
On Wednesday, ARB plunged nearly 7% to close at $0.426. The downward spiral continued on Thursday with a 6.66% decline, pushing the token below the key psychological level of $0.40 to settle at $0.398. Bearish sentiment lingered through Friday and Saturday, with ARB slipping another 2.11% and 3.51% respectively to close at $0.376.
Despite sustained pressure, Monday saw a brief bullish attempt as ARB rose over 5% to hit $0.393. Yet, volatility persisted the token dipped to an intraday low of $0.362 before recovering to close the day at $0.392, posting a slight overall decline.
As of the latest session, ARB is down over 1%, trading around $0.386. The market remains on edge as investors look for signs of stability. A decisive move above $0.40 could restore short-term confidence, but further downside remains a risk if selling pressure continues.
#ARB #Arbitrium
We’re thrilled to announce ApeChain ( @ApeChainHUB ) is now fully integrated with the Biconomy Network mainnet. 🐒
✅ This enables:
- Deployment of Nexus Smart Accounts on ApeChain
- Full access to Modular Execution Environment (MEE) for cross-chain & session-based execution
- Support for abstract.js, allowing developers to offer gasless, multichain-native UX with minimal setup
Whether you’re building games, dApps, or DeFi on ApeChain, your app can now tap into a seamless developer experience and user journey across ecosystems.
Attackers have been trying to take control of my email, social media, Google, Apple, etc. this past week. If you see anything suspect (token launch, soliciting funds, etc) that means they got through.
be careful out there
CARDANO FOUNDER DENIES $600M ADA MISAPPROPRIATION ALLEGATIONS!
Cardano founder Charles Hoskinson has categorically denied allegations of misappropriating $600 million worth of ADA. According to Hoskinson, the claims are false, and the vast majority of the 350 million ADAs in question were reclaimed by their original owners within seven years. The remaining amount was donated to Intersect, a decentralized governance body tied to Cardano's development, after the legal deadline.
Key Points:
-Allegations: NFT artist Masator Alexander accused Hoskinson of unilaterally altering the Cardano ledger to take control of 318 million ADA, worth over $600 million at the time.
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Hoskinson's Response: Hoskinson stated that Input Output Global (IOG) never allocated 350 million ADAs to itself and that the redemption process for the ADA tokens lasted seven years.
Audit:To debunk the claims, Hoskinson has promised a full audit by the Cardano Foundation. This move aims to restore transparency and trust within the community .
Community Reaction:
- Some users have welcomed Hoskinson's explanation, while others demand independent verification to confirm the allegations are false.
- The controversy has sparked discussions about trust and transparency within the Cardano community, with some questioning how Hoskinson can rebuild faith after such allegations.#MerlinTradingCompetition $ADA #ADA