Current Price: The price is $2.1122, showing a slight decline of -0.0076 (-0.36%) in the latest period.
Trend: The chart indicates a downward trend over the recent 4-hour period, with the price dropping from a 24-hour high of $2.2127 to a low of $2.0956. The candlestick pattern suggests bearish momentum.
Volume: Trading volume has spiked recently (110.00M XRP), which often accompanies significant price movements, potentially indicating a reaction to news or market sentiment.
Support and Resistance: The price is approaching the $2.000 level, which could act as a support zone. Resistance appears around $2.2127, the recent high.
Longer-Term Performance: Over 7 days, the price is down -0.77%, with more significant declines over 30 days (-8.34%) and 90 days (-10.10%), though it shows a strong yearly gain of +341.51%.
This suggests a short-term bearish outlook, but the high yearly gain indicates overall bullish sentiment. Monitor the $2.000 support level for potential reversal signals.
💲 WSJ: GENIUS Adoption Is a Setback for Tether ( #USDT ).
▪The GENIUS Act would impose tough requirements on stablecoins and issuers, which could seriously hurt Tether's position .
▪According to GENIUS, issuers must provide 100% of reserves in liquid assets (cash/government bonds), conduct annual audits, ensure reserve transparency and register in the US.
▪The company primarily backs USDT with volatile assets (BTC, Gold) and does not disclose details of reserves.
▪Moving the headquarters to El Salvador is unlikely to help circumvent American demands.
▪Tether promises to conduct an audit starting in 2017.
▪The only way out for the crypto giant is to create a new stablecoin for the US, or focus on markets outside the US jurisdiction.
Arbitrum $ARB has shown signs of recovery over the past two trading sessions after more than two weeks of declines. On June 13, ARB experienced a sharp drop to a low of $0.330 before closing at $0.348. The bearish trend continued over the weekend, with ARB falling 4.36% on Saturday and 1.74% on Sunday, reaching $0.327. On Monday, the price hit an intraday high of $0.342 but lost momentum, closing at $0.318, down nearly 3%. Selling pressure persisted on Tuesday, with a further decline of almost 5%, settling at $0.303. A slight recovery occurred on Wednesday, with ARB rising 1.29% to $0.307.
The bearish momentum resumed on Thursday, with a nearly 2% drop to $0.301, followed by a further 5% decline on Friday, falling below $0.30 to close at $0.286. Saturday saw continued selling, with a 4.05% drop to $0.275. On Sunday, ARB hit an intraday low of $0.252 but rebounded to close at $0.267, down 2.62%. Sentiment shifted on Monday, with ARB surging nearly 13% to reclaim $0.30, closing at $0.301. Buyers maintained control in the current session, with the price rising over 3% to $0.311.
Uniswap (UNI) began the prior weekend with a 6% decline to $7.30. On Sunday, sellers maintained control, pushing the price down nearly 2% to $7.17. Monday saw UNI surge to an intraday high of $7.99 but close at $7.43, up almost 4%. Buyers attempted another rally on Tuesday, but UNI settled nearly flat at $7.42. Wednesday brought volatility, with buyers gaining control, lifting the price 1.97% to $7.57. The upward trend continued Thursday, with a 1.31% increase to $7.67.
Bearish momentum returned Friday, with UNI plummeting over 8% to $7.05. Saturday saw further declines of 8.39%, dropping below $7 and the 20-day SMA to $6.46. On Sunday, UNI hit an intraday low of $5.93 but recovered to $6.27, down 2.94%. Bullish sentiment emerged Monday, driving an 8.54% rise above the 50-day SMA to $6.87. Currently, UNI is up nearly 1%, with buyers aiming to breach $7 and the 20-day SMA.
Filecoin experienced significant volatility over the past week, reflecting a predominantly bearish trend with intermittent recoveries. On June 13, FIL hit a low of $2.33 before closing at $2.46. The bearish momentum continued over the weekend, with declines of 1.41% on Saturday and 0.58% on Sunday, settling at $2.41. On Monday, FIL briefly surged to an intraday high of $2.56 but failed to sustain the momentum, closing at $2.46. The downward trend resumed on Tuesday, with a nearly 3% drop to $2.39. Wednesday saw heightened volatility as buyers and sellers vied for control, but sellers prevailed, pushing FIL down marginally to $2.38.
The selling pressure intensified on Thursday, with a 1.80% decline to $2.34, followed by a sharper 4% drop on Friday, settling at $2.24. The bearish trend persisted into Saturday, with FIL falling 3.44% to $2.17. On Sunday, the price plummeted to an intraday low of $1.96 amid strong selling pressure but managed a partial recovery to close at $2.06, down nearly 5%. Bullish sentiment returned on Monday, driving a robust 9% rally to $2.25. As of the current session, FIL is trading at approximately $2.28, up 1.28%, signaling cautious optimism amid ongoing market fluctuations.
$SOL Current Price: The price is $144.26, reflecting a slight decrease of -0.21% in the last period, but a +7.45% increase over a longer timeframe, indicating some volatility with a recent upward movement.
Trend: The chart shows a general downward trend over the past few days, with a notable drop from around $160 to below $140, followed by a slight recovery. The latest candlestick suggests a potential stabilization or minor uptick.
Support and Resistance: The price appears to be testing the $144-$145 level, which could act as immediate support. Resistance might be near $146-$147, with a stronger resistance around $150 if it breaks higher.
Volume: There’s a noticeable spike in volume recently, which often accompanies significant price movements or reversals. This could indicate increased market interest or a potential trend change.
Timeframes: Over the past 7 days, the price is down -8.79%, and over 30 days, it’s down -18.39%, suggesting a bearish medium-term trend, though the longer 1-year view shows a +9.50% gain.
Current Price: $0.2702, reflecting a -0.0139 (-4.89%) change over the last 4 hours on Binance.
Price Trend: The price has experienced a significant upward movement recently, breaking above previous resistance levels after a period of consolidation and decline. This suggests a potential bullish momentum.
Volume: Trading volume has spiked, particularly in the latest 4-hour period (94.711M), indicating strong buying interest and supporting the price increase.
Moving Averages (Volume SMA): The volume spike aligns with the price surge, reinforcing the strength of the current trend.
Historical Performance: Today: +26.72%
7 Days: +46.50%
30 Days: +19.44%
90 Days: +29.20%
180 Days: -40.46%
1 Year: -22.79%
This indicates a short-term bullish trend within a longer-term bearish context.
Support and Resistance: The price has risen from a low of $0.1967 to a high of $0.2901 in the last 24 hours, suggesting a key support around $0.2500 and resistance near $0.2900.
Analysis: The recent price surge, supported by high volume, suggests a potential short-term bullish trend. However, the longer-term data (180 days and 1 year) indicates caution, as the asset has been in a downtrend. Traders might consider watching for a sustained break above $0.2900 with volume confirmation for a stronger bullish signal, or a drop below $0.2500 as a bearish indicator.
Price Movement: The current price is $0.553, reflecting a slight increase of +0.004 (+0.73%) in the last 4 hours. However, the chart shows a recent downward trend after a peak around $0.75, indicating a significant correction.
Trend: The overall trend appears bearish over the short term, with the price dropping from a high of $0.564 to a low of $0.483 in the last 24 hours. The longer-term performance (e.g., -71.02% over 180 days) further supports a bearish outlook.
Volume: Trading volume has spiked recently, particularly around the price drop, suggesting increased market activity or selling pressure. The Volume SMA shows periodic surges, with the latest peak aligning with the price decline.
Support and Resistance: The current price is near the recent low of $0.483, which could act as a support level. Resistance might be around $0.564 (24-hour high) if the price attempts a recovery.
Indicators: The candlestick patterns show a mix of green (bullish) and red (bearish) candles, with recent red candles dominating, reinforcing the bearish momentum.
Current Price: $143.23, showing a +7.52% increase, indicating a short-term recovery or bounce.
Trend: The chart displays a recent upward movement after a significant downtrend. However, the overall trend over the past 7 days (-9.45%), 30 days (-18.98%), and 180 days (-27.74%) remains bearish, suggesting caution.
Support and Resistance: Support appears around $130.00 (recent low), while resistance is near $160.00 (previous high). The price is currently testing the $143.23 level, which could act as a pivot.
Volume: Volume spikes are visible, particularly around price drops, indicating selling pressure. The recent increase in volume with the price rise could signal potential buying interest, but confirmation is needed.
Indicators: The Volume SMA shows increased activity, but the lack of a clear bullish pattern (e.g., higher highs and lows) suggests the upmove might be temporary unless momentum builds.
Conclusion: The short-term outlook shows a potential reversal, but the broader downtrend persists. Monitor for a breakout above $143.23 with strong volume for a bullish confirmation, or a drop below $130.00 for further bearish continuation.
$DOGE Dogecoin and Price Analysis: Bears in Control, but Signs of Recovery Emerge
Dogecoin (DOGE) has been on a steady downtrend since peaking at $0.206 on June 11, with sellers dominating the market and pushing the meme coin to multi-week lows. However, a slight recovery in the current session suggests that bulls may be preparing to regain control.
Last weekend saw DOGE tumble to a low of $0.170 before closing at $0.180, ending the week with a marginal loss. Bearish momentum persisted into the weekend, with DOGE slipping 1.22% on Saturday and 1.57% on Sunday, closing at $0.175.
Monday brought a temporary bounce to an intraday high of $0.181, but the move quickly faded, with DOGE dropping 1.31% to settle at $0.173. Tuesday extended the downtrend, with a 2.08% drop taking DOGE to $0.169.
Despite heavy selling, Wednesday saw a minor bounce as DOGE reclaimed $0.170, but bears returned on Thursday, pushing the price slightly lower. The sharpest declines came on Friday, when DOGE slid nearly 5% to $0.162, followed by another 4.87% drop on Saturday to $0.154.
On Sunday, DOGE hit a new intraday low of $0.142 before bouncing back to close at $0.151, still down almost 2% for the day. However, early signs of recovery are showing in the current session, with DOGE up 1.58%, trading near $0.153.
Key Takeaways:
Downtrend since June 11 high of $0.206
Support emerging near $0.142–$0.150
Short-term resistance around $0.160–$0.165
Current bounce could gain traction if DOGE holds above $0.150
Litecoin $LTC Price Analysis: Bears Test Support, But Bulls Eye $85 Comeback
Litecoin (LTC) faced a volatile week of price swings, battling both bullish attempts and strong bearish pressure — but signs point to a potential recovery as buyers eye key resistance at $85.
The previous weekend started with a recovery from Friday’s (June 13) intraday low of $81.42, with LTC closing at $86.58. Saturday saw a slight decline of 1.55%, followed by a 1.32% gain on Sunday, ending the weekend near $86.36.
On Monday, LTC pushed to an intraday high of $88.97, but bullish momentum faded, and the price settled with only a slight uptick at $86.63. The sentiment turned bearish on Tuesday, with a nearly 3% drop bringing LTC down to $84.36. A modest 1% recovery on Wednesday pushed the token back to $85.05.
Thursday saw minor gains, taking LTC to $85.13, but bears took over on Friday, forcing a sharp 3% drop to $82.86. Selling pressure intensified on Saturday as the price slid further, dropping over 3% to $80.30.
Sunday brought more volatility. LTC hit an intraday low of $76.24, but bulls stepped in, helping the price rebound and close the week at $80.16.
As of the current session, LTC is trading around $80.70, up nearly 1%, as buyers attempt to regain control. If bullish momentum holds, the next key level to watch is $85, a zone that could signal a short-term reversal and renewed upward momentum.
TL;DR:
Support held near $76–$80 range
Bulls are defending key levels
Next resistance: $85
Breakout above $85 could open room for $88.50+ targets