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Bitcoin Massive Plunge Of 5% Triggered Huge BTC Liquidation

Sahil Salunkhe
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0
Bitcoin Massive Plunge Of 5% Triggered Huge BTC Liquidation

Key Insights:

  • After hitting a new all-time high, Bitcoin recently saw a 5% price dip.
  • This drop triggered over $450 million in crypto liquidation, heavily affecting long positions.
  • A large, inactive Bitcoin wallet moving 40,000 BTC may have spooked the market.

Bitcoin recently suffered a massive 5% slump on Tuesday, 15 July. This happened just a day after it reached a new all-time high price above $123,000.

This sharp pullback triggered BTC liquidation events. Millions in leveraged long positions were wiped out across exchanges. Here’s how this volatility has led to devastation across the market, and what could be next.

The Catalyst for The BTC Liquidation

The movement of a single, long-time Bitcoin holder may have triggered the sharp drop in Bitcoin price. On Monday, this wallet transferred approximately 40,000 Bitcoin to Galaxy Digital, worth around $4.8 Billion.

While there is no clear clue that this amount of Bitcoin was immediately sold, it has been enough to spook the market. On-chain data further linked this sender to the owner of an old Bitcoin wallet, which had remained dormant for 14 years.

This “ancient whale” shuffled 80,000 Bitcoin worth $9.6 Billion just last week. This marks the first BTC liquidation in this Bitcoin holder’s history.

Source: X
Source: X

Sudden movement of dormant BTC liquidation may have spurred market volatility and triggered chain reactions. Leverage risks, stop-loss orders, and margin calls likely affected widespread liquidations.

Market Reaction and BTC Liquidation Wave

Historically speaking, whale movements have often caused large price movements in either direction. For example, the German government sold off 50,000 Bitcoins a year ago. This, at the time, was valued at $2.3 Billion.

As a result of this sale, the cryptocurrency crashed by around 20%. This is despite Bitcoin recovering above the $100,000 price level shortly after.

This unknown whale, which has started moving their assets, holds almost double the amount Germany once did. This means they could sell at double prices and increase the ongoing market jitters.

Another wave in this bearish storm was the predictable wave of short-term profit-taking that followed Bitcoin’s new price record. According to Coinglass data, around $3.5 Billion in gains were swept off the board after Bitcoin topped $123,000.

Massive crypto liquidations across the board | Source: Coinglass
Massive crypto liquidations across the board | Source: Coinglass

The scale of this BTC liquidation is not surprising, especially considering how market data was before the climb. This showed that nearly every Bitcoin holder was sitting on profits. This mass profit-taking might have contributed to the market’s volatility, wiping traders out of their positions.

Tuesday in particular saw more than $450 Million in total crypto liquidations. The bulk of this wipeout affected traders who were holding long positions. This shows that many leveraged traders were caught off guard by the sudden downturn.

The Bullish Outlook Despite Roadblocks

Despite the recent price correction and BTC liquidation events, market watchers remain optimistic. This bullish sentiment is driven mainly by continued institutional investment and sovereign states’ rising Bitcoin adoption rate.

Very recently, MicroStrategy, one of the largest corporate Bitcoin holders, added another worth of Bitcoin to its balance sheet. Analysts, including BitWise CEO Matt Hougan and Markus Thielen from 10x Research, echo this long-term bullish sentiment.

Source: X
Source: X

The crypto market continues to be largely euphoric, which is to be expected from a late-stage bull cycle. What is essential now is for traders to stay disciplined and manage trades properly.

Significant profit-taking events and liquidations are part of a healthy market cycle. However, they also remind us that the market contains its fair share of risk, especially for those using high leverage.

In the meantime, investors should closely monitor further whale movements, institutional inflows into Bitcoin ETFs, and support levels.

Hyperliquid Holds Key Support as Supply Shrinks, Eyes Breakout to $100

Maxwell Mutuma
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0
Hyperliquid Holds Key Support as Supply Shrinks, Eyes Breakout to $100

Key Insights:

  • Hyperliquid is trading at $39.30 after rebounding strongly from the $34 support level earlier this week.
  • The token holds above the $38 to $39 zone, which acts as a key short-term support area.
  • The recent price action shows a strong structure despite the broader market weakness affecting other altcoins.

Hyperliquid is trading at $39.30, down 3.63% today, yet it maintains strong technical support. The asset recently rebounded from $34 and continues to show resilience despite broader market pressure. With tightening supply and a defined structure, HYPE may soon target higher levels, possibly reaching $45 or even approaching $100.

Hyperliquid Price Structure Remains Intact

Hyperliquid’s price has held firm above short-term support after a sharp rebound earlier this week. The asset received good demand at levels close to the $34 mark and soon regained its positions in the area of $38-$39, which is currently serving as a major support block to short-term structure.

Momentum indicators show that HYPE’s recent move followed a V-shaped reversal, and it now faces initial resistance near $42. The trend has slowed down a bit, as depicted by slightly downwardly ticked volume. Nevertheless, the Relative Strength Index (RSI) is in the middle, which means that there is room to move both up and down any further.

As long as the price stays above the $37.80 to $38.20 change, bulls might try to hit resistance at the $42 mark. With a convincing breakout above this level, the breach may turn the price’s attention to the area of 45 dollars, which coincides with the recent swing highs. On the negative side, a break below this zone can result in re-entry of $36.50.

Hyperliquid’s current structure signals stability amid a volatile altcoin environment. Unlike other tokens that retraced heavily, HYPE has consistently defended support levels. Its capacity to remain over vital prospects is evidence of inner fortitude in form and appear.

Hyperliquid Supply Drops Below 100 Million

Hyperliquid currently has a market cap of $13.15 billion and ranks 13th among digital assets by size. Its daily trading volume is over 257 million, which demonstrates that it has good market penetration even in the short term. The asset’s liquidity is still high; however, the circulating supply is falling rapidly.

The Hyperliquid Assistance Fund has already accumulated over 25 million HYPE tokens from the open market. Such strategic action has lowered the float available to a large extent. The tokens that can be traded are now less than 100 million.

This supply squeeze force may have a certain effect on the price movement in the short term. When demand is rising, there are limited token quantities, so upward pressure could increase rapidly. In this situation, the retests of the support levels are more important in the market’s trend.

The bullish bias is maintained as long as the price is higher than the 38 and 39 range. The analysts are keen on this area being the next leg-up location. If the volume returns with increased momentum, it is more probable that the price will go up to the level of 45.

HYPE/SUI and HYPE/SOL Charts Show Relative Strength

Hyperliquid continues to outperform major altcoins like SUI and SOL on relative strength charts. On the HYPE/SUI pair, price is maintaining a steep uptrend with RSI still positioned above the midline. Decline and trend reversal are not imminent.

Similarly, the HYPE/SOL pair has been climbing into new local highs, backed by sustained momentum and low volatility. This relative performance reinforces HYPE’s current standing as one of the stronger assets in the market. While peers show hesitation, HYPE continues to hold key breakout zones.

hyperliquid
Source: x256xx| X

To analysts, this relative strength is an important indicator of long-term interest and conviction in the token. If market conditions improve, HYPE may leverage this position to push further gains. Breaks on the USD, SUI, and SOL pairs might coincide for a wide-ranged bullish shift.

Long-Term Targets Eye $100 as Structure Holds

Technical projections suggest that HYPE could aim for the $100 mark if it clears intermediate resistance levels. One of the essential milestones on this path is the region of $45. Staying above the $3839 base is critical to this possible breakout.

hype price chart
Source: ryandcrypto| X

The chart analysts have discovered a clean continuation pattern over recent weeks. This set-up will hold up a gradual grind higher as long as the levels of support are not breached. The set-up indicates a high probability of a strong breakout due to less pressure to sell and an increase in the strength of the trend.

$2.5 Billion Already Lost In 2025 To Crypto Scams, What’s Next?

Chandan Gupta
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0
$2.5 Billion Already Lost In 2025 To Crypto Scams, What’s Next?

Key Insights:

  • Blockchain security firm reports that investors have lost over $2.5 billion to crypto scams and hacks this year alone.
  • 45.45% of June 2025 stolen funds came from Ethereum-based protocols.

In this rapidly evolving digital asset industry, crypto scams continue to trouble investors, traders, as well as blockchain and crypto-based firms.

Since the beginning of 2025, the overall market has continued to face several hacks and exploitations, resulting in billions of dollars in crypto losses.

$114 Million Lost in June Alone, REKT Database Reveals

Data from the on-chain security firm REKT Database reveals that over $114.7 million worth of crypto was lost in several DeFi exploits and wallet hacks during the past month alone. The platform tracked 11 major incidents in June 2025, with no funds recovered so far.

Top Crypto Hacks of June
Top Crypto Hacks of June | Source: rekt-database

The data also revealed that the largest hack recorded was the Nobitex exchange breach, which resulted in a loss of $82 million on June 18, 2025. Nobitex is an Iranian crypto exchange.

The attack was claimed by the pro-Israel hacktivist group Gonjeshke Darande, which also threatened to leak the platform’s internal source code and data.

Following the incident, to ensure the safety and security of users’ funds, Nobitex shared a post on X (formerly Twitter), stating: “Users’ assets are completely secure according to cold storage standards, and the above incident only affected a portion of the assets in hot wallets.”

The post further added, “All damages will be compensated through the insurance fund and Nobitex resources.”

Crypto Hacks of June
Crypto Hacks of June | Source: rekt-database

Other Major Crypto Scams: AlexLab and ResupplyFi

Meanwhile, AlexLab was the second-largest crypto scam in June 2025, losing $16.1 million worth of cryptocurrency due to a critical flaw in its token listing logic, recorded on June 6, 2025.

ResupplyFi, a decentralized stablecoin protocol that leverages the liquidity and stability of lending markets, reportedly lost nearly $9.60 million worth of crypto.

Following the incident, the firm posted on X, stating, “Resupply has experienced an exploit in the wstUSR market. The affected contract has been identified and paused. Only the wstUSR market was impacted, and the protocol continues to function as intended. A full post-mortem will be shared as soon as a complete analysis of the situation has been conducted.”

Ethereum-based protocols accounted for 45.45% of the stolen funds in June 2025, indicating the continued dominance of the Ethereum ecosystem as a primary target for exploits.

$2.5 Billion Lost So Far in 2025

Additionally, a blockchain-based security analytics firm, recently shared a report indicating that so far in 2025, investors have lost approximately $2.5 billion worth of cryptocurrency due to various scams and hacks. The report further highlights that two large-scale incidents accounted for over 70% of these losses.

The report also mentioned that wallet compromises and phishing scams were identified as the most common attack vectors. These methods often involve deceptive social media posts, malicious links, and convincing impersonations of legitimate crypto services.

In addition, crypto scams and hacks are increasingly being linked to the ongoing geopolitical tensions between Russia and Ukraine.

On June 29, 2025, a report surfaced that a Russian influencer known as “Bitmama” had been sentenced to 7 years in prison for orchestrating a fake crypto investment scheme that defrauded investors out of $21 million. Authorities revealed that part of the stolen funds may have been transferred to support Ukraine’s military efforts.

With over $2.5 billion already lost to crypto scams in 2025 so far, it appears that this year is shaping up to be the worst year yet for crypto security breaches.

TRUMP Crypto Forms Double Bottom at $8.50, Experts Eye $15 Target

Chandan Gupta
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TRUMP Crypto Forms Double Bottom at $8.50, Experts Eye $15 Target

Key Insights:

  • After a 7% drop over two days, the meme coin has landed at a crucial support level, hinting potential bullish reversal.
  • If TRUMP remains above $8.50, it could rally over 10% toward $9.55. A breakdown below this level could trigger a 14% drop.
  • A well-known crypto analyst on X suggests a breakout toward $15 is imminent.

After two consecutive days of red candles and a 7% price drop, TRUMP crypto has officially landed at its key support level of $8.50. Since April 2025, this is the second time the meme coin has reached this level.

Previously, when the asset price hit this level, it recorded an upward momentum — a pattern that experts and analysts are expecting to repeat this time as well.

Expert Bold Prediction for TRUMP Crypto

Recently, a crypto expert made a bold prediction that surfaced on X (formerly Twitter). In the post, the expert noted that TRUMP crypto is gaining serious momentum at the $8 level, and a breakout toward $15 looks imminent.

This bold prediction has gained massive attention from crypto enthusiasts and is spreading like wildfire.

At press time, TRUMP crypto stands at $8.60 and has recorded a modest price dip of over 1.25% in the past 24 hours. During this period, participation from investors and traders also declined, resulting in a massive 30% drop in trading volume compared to the previous day.

This drop in trading volume, along with the price decline, suggests weak downside momentum, indicating that selling pressure may be fading and a potential price reversal or consolidation could be on the horizon.

TRUMP Crypto Price Action and Key Technical Levels

According to expert technical analysis, TRUMP crypto appears bullish and may record impressive upside momentum. The daily chart reveals that the meme coin has been forming a bullish double bottom pattern at a key support level of $8.50, which has a history of price reversals.

Additionally, during this period of consistent support, TRUMP crypto’s Relative Strength Index (RSI) has been making higher highs, indicating a bullish divergence — a sign of potential upside momentum. However, there is a catch.

TRUMPUSDT Daily Chart
TRUMPUSDT Daily Chart | Source: TradingView

Based on recent price action and historical patterns, if TRUMP crypto maintains its position above the $8.50 level, there is a strong possibility that history could repeat itself and the price could see an upside momentum of over 10%, potentially reaching the $9.55 level.

On the other hand, if TRUMP crypto fails to hold this level and falls below $8.50, the asset could experience a price drop of up to 14% in the near future.

At press time, the meme coin is trading below the 50-day Exponential Moving Average (EMA), indicating a bearish trend and suggesting that selling pressure may persist in the near term.

Bullish On-Chain Metrics

Given the current market sentiment, investors and long-term holders have been accumulating the meme coin and seizing the recent dip as an opportunity, according to on-chain analytics firm CoinGlass.

Data from spot inflow/outflow reveals that exchanges across the crypto landscape have witnessed an outflow of $2.92 million worth of TRUMP meme coin.

TRUMP Spot Inflow/Outflow
TRUMP Spot Inflow/Outflow | Source: CoinGlass

This substantial outflow, given the current market structure, suggests potential accumulation and could lead to increased buying pressure and further upside momentum.

At press time, the TRUMP Long/Short ratio stood at 1, indicating strong bullish sentiment among traders.

The data reveals that this is the third consecutive day the TRUMP Long/Short ratio has increased — previously recorded at 0.94 and 0.95 — showing that traders’ interest in the meme coin is shifting toward the bullish side.

TRUMP Long/Short Ratio Chart
TRUMP Long/Short Ratio Chart | Source: CoinGlass

When combining this on-chain metric with technical analysis and expert bullish views, it appears that the bulls are back to propel the meme coin.

It also suggests that the bulls are currently in control, with no signs of selling pressure evident for TRUMP crypto at the moment.

PEPE Crypto Price Prediction: Can Recalim And Stay above $0.000010

lennox gitonga
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PEPE Crypto Price Prediction: Can Recalim And Stay above $0.000010

Key Insights:

  • PEPE was exchanged at $0.00000949 and reflected a 5.01 percent loss in the last day following a 24H low of $0.00000946.
  • Charts show that the PEPE Futures Open Interest in USD rose by nearly 800 million, reaching just over $100 million in early 2024.
  • The Liquidation Map indicated that PEPE was trading at $0.00000952, right in the middle of a very thick liquidation region.

PEPE crypto price prediction showed the meme coin value was at $0.00000949 with a 5.01% loss in the last day following a 24-hour low of $0.00000946.

The loss suggested potential price drop in the future but this was uncertain as price could reverse. Here is why:

PEPE Price Action

PEPE crypto price prediction showed over-exertion of red momentum on the 15-minute chart, meaning that there is a short-term bearish rate.

The meme coin seemed to be sliding into the range of support at $0.00001092- a level that was once resistance, and it may provide a cushion in the present time.

A slide below the 0.00000946 price may put PEPE at risk of returning even lower down to around 0.00000800.

PEPE price chart
PEPE price chart | Source: X

If it recovers $0.00001092, then a bounce back to about $0.00001200 would be likely, and an additional rebound may seek major resistance at $0.00001562.

Nevertheless, failure to gain ground above the $0.00001200 resistance level may continue to make PEPE range-bound.

The chart showed a declining fading recovery rally, which indicated that a trial of an earlier support could be occurring.

Some of the main levels to consider were resistance at $0.00001562, pivot at $0.00001092, and support at $0.00000946.

Unless the volume of purchases returned above the level of $0.00001092, we tend to keep the numbers on the lower side.

PEPE Open Interest Exchange

On the chart, it was revealed that the PEPE Futures Open Interest in USD had risen by nearly 800 million, reaching just over $100 million in early 2024 to almost $800 million in the middle of June.

Such a consistent increase in Open Interest indicated a growing involvement of the traders.

Open Interest peaked in April and mid-June and was associated with large price movements, suggesting that huge amounts of leveraged long positioning occurred at the time of bull momentum.

The precipitous decline experienced at the end of June could have represented long liquidations or risk-off sentiment, though there is a profitable taking or a capitulation.

The presence of continued large Open Interest without price appreciation may have been caused by crowded trades faced by sharp unpredictable unravels.

PEPE open interest chart
PEPE open interest chart | Source : Coinglass

Had Open Interest moved in tandem with the price, a solid uptrend could have been seen.

On the other hand, a divergence, that is, a decline on Open Interest with a retraction of price could have been a sign of decreasing conviction. The indicator could have been a sentiment indicator with a pointer on volatility in the future.

The short-term direction that PEPE would take would have been based on the probability of new leverage moving in or unwinding to persist.

PEPE Crypto Price Prediction: Liquidation Map

PEPE crypto price prediction on Bitget’s liquidation map indicated that PEPE was trading at $0.00000952, right in the middle of a very thick liquidation region.

Thick long liquidations were centered around 0.00000950-0.00000960 where the yellow bars were peaked, hinting that this area was the liquidation magnet of overleveraged longs.

Such pressure could have provoked additional downside risks in case price did not hold. Under $0.00000940, the liquidation activity decreased, meaning the long liquidation flow might run out.

PEPE liquidation chart
PEPE liquidation chart | Source: Coinglass

Meanwhile, short liquidations began to accumulate above $0.00000980 and climbed steadily toward $0.00001000, raising the sloping green trendline, which was an indicator of increasing risk to shorts.

Any break above $0.00000980 may cause a short squeeze, whereas any drop below $0.00000950 would intensify long wipeouts.

The powerful concentration near $0.00000952 trapped price between the liquidation zones of equal value.

This showed the possibility of a sudden move to either side, depending on which lever would be resolved. Important levels were at $0.00000940, $0.00000980, and $0.00001000.

Altseason Coming? Crypto ETF Approval Odds Explode to 95%

Maxwell Mutuma
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Altseason Coming? Crypto ETF Approval Odds Explode to 95%

Key Insights:

  • Crypto ETF issuer activity reflects rising confidence under a pro-crypto U.S. administration and increasing global demand.
  • Analysts suggest that approval of even one or two high-probability altcoin ETFs could ignite the next altcoin bull run.

Amid the recent shift in market sentiment, crypto ETFs are once again garnering massive attention from enthusiasts as the odds of approval continue to rise. The growing popularity of these exchange-traded funds comes at a time when the broader crypto market is in a downtrend and struggling to gain momentum.

Bitcoin & Ethereum ETF Inflow Update

Despite the broader bearish market sentiment, blockchain-based transaction tracker Lookonchain reveals a combined weekly inflow of over $2.5 billion into both Bitcoin and Ethereum ETFs, indicating heightened confidence in digital assets despite the prevailing uncertainty.

https://twitter.com/lookonchain/status/1939685284817600939

As of June 30, 2025, total Bitcoin holdings across spot ETFs reached 1,244,285 BTC, equivalent to $133.89 billion.

Data reveals that the top performers in terms of weekly net inflows were the iShares (BlackRock) Bitcoin Trust (IBIT), which added 12,358 BTC; the Fidelity Wise Origin Bitcoin Fund (FBTC), which added 4,755 BTC; and the ARK 21Shares Bitcoin ETF (ARKB), which added 2,502 BTC.

However, not all crypto ETF providers saw inflows. Valkyrie’s BRRR and Grayscale’s GBTC recorded minor outflows, suggesting a selective rotation by investors.

Meanwhile, the Ethereum ETF market is also seeing even stronger momentum in terms of weekly inflows. As of June 30, total ETH holdings stood at 4,082,140 ETH, valued at $10.1 billion. The 7-day net inflow reached 99,660 ETH, roughly $301.49 million, with 5,527 ETH added in the last 24 hours alone.

Spot XRP, SOL, LTC ETF Approval Odds Rise to 95%

Besides Bitcoin and Ethereum ETFs, a Bloomberg crypto ETF expert recently raised the odds of approval for spot XRP, SOL, and LTC ETFs to 95%. The odds for DOGE, ADA, DOT, HBAR, and AVAX filings were raised to 90%. Meanwhile, the odds of ETF approval for SUI, TRX, and PENDLE were increased to 60%, 50%, and 50%, respectively.

Looking at XRP approval odds, a crypto expert recently posted on X (formerly Twitter), stating that a token once sued, ignored, and counted out, XRP, is now knocking on Wall Street’s front door. This sharp rise in approval probability marks a significant moment for altcoin legitimacy in institutional finance.

https://twitter.com/TheCryptoSquire/status/1939801659766710558

Spot Altcoin ETF Approvals Could Spark Altseason

Meanwhile, another expert made a bold prediction in a post on X, stating that if even one or two of these high-probability ETFs (XRP, SOL, LTC) receive approval, it could act as the spark that triggers the next altcoin season.

https://twitter.com/CryptoBusy/status/1939670505356980598

With Bitcoin and Ethereum ETF flows already surging, the market may be on the verge of a broader breakout, this time led by altcoins finally stepping into the ETF spotlight.

Crypto ETF Issuers Leading the Altcoin Push

Data reveals that ETF issuers are not only focusing on BTC and ETH, but, driven by global adoption and a pro-crypto President, they are now actively exploring the altcoin space as well.

Among the leading issuers, Grayscale is aggressively expanding its ETF reach, having filed for XRP, Litecoin (LTC), Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Polkadot (DOT), Avalanche (AVAX), Hedera (HBAR), and broad basket ETFs. Its focus remains on providing broad exposure to top-cap altcoins.

21Shares is also taking a diversified approach, with filings for Solana, XRP, Dogecoin, and Polkadot. The firm is positioning itself to offer both multi-asset ETFs and individual spot altcoin filings.

Meanwhile, Bitwise has filed for XRP, DOGE, SOL, and basket-based ETFs, focusing on smart contract platforms and high-liquidity altcoins. The firm’s filings reflect a strategic preference for assets with active development, strong institutional interest, and long-term utility.

XLM Crypto Price: 5% Dip or 38x Rally?

Chandan Gupta
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XLM Crypto Price: 5% Dip or 38x Rally?

Key Insights:

  • Analysts predict a potential 5% short-term dip, others foresee a bullish wave count with up to 38x long-term upside.
  • Exchanges witnessed a $2.75 million outflow of XLM, indicating possible long-term accumulation.

The XLM crypto price appears to be in a bearish trend and is currently consolidating within a tight range, raising the question of whether the price is preparing for another dip or an upward rally.

The daily chart reveals that the asset has been in a downtrend, hovering within a descending channel pattern since May 2025.

Experts Bullish Outlook

Given the current market sentiment, experts and analysts appear to be showing strong interest in the token, as several posts have surfaced on X (formerly Twitter). On X, some appear optimistic, while others are making bold predictions.

In a post on X, the expert noted that the XLM crypto price has completed waves 1 and 2 off the lows. It took 22 days to move off the lows and has the potential for a 38x gain to reach the full target.

Meanwhile, another expert stated that XLM might already be in its 5th wave up. However, the April low needs to hold for this bullish scenario to remain valid.

A break above $0.335 would signal that the bulls are back in control. Dropping below $0.17 would weaken the setup, but the key invalidation level is at $0.076—so there is still plenty of room if needed.

Current Price Momentum

Besides this, XLM crypto price is currently trading at $0.2317 and has experienced a 2.25% price decline in the past 24 hours. During this period, traders and investors have shown strong interest in the asset, resulting in a 25% surge in trading volume.

This surge in trading volume, along with the price decline, hints at strong downside momentum and suggests that sellers are gaining control, potentially leading to further price depreciation in the near term.

XLM Crypto Price Action and Key Technical Analysis

According to expert technical analysis, XLM crypto price appears bearish and is poised for a potential decline. As per the daily chart, the asset has been moving within a descending channel pattern, fluctuating between the upper and lower boundaries.

XLMUSDT Daily Chart
XLMUSDT Daily Chart | Source: Trading View

XLM Crypto Price Prediction

Based on recent price action, if XLM fails to gain upside momentum, there is a strong possibility of a 5% price dip in the coming days.

On the other hand, if market sentiment shifts, XLM could experience upward momentum. The overall trend may reverse if the asset breaks out of the descending channel pattern.

At press time, XLM crypto price is trading below the 50-day Exponential Moving Average (EMA) on the daily time frame, which hints at prevailing bearish sentiment and a lack of strong buying pressure, potentially indicating further downside in the short term.

Whereas, its Relative Strength Index (RSI) stands at 35, indicating that the asset is approaching the oversold zone, which may signal weakening selling pressure and the potential for a short-term rebound or consolidation.

$2.75 Million Worth of XLM Leave Exchanges

Despite the bearish outlook, investors and long-term holders appear to be seizing the opportunity presented by the price dip, as they have been actively accumulating tokens.

Data from spot inflow/outflow reveals that exchanges across the crypto landscape have witnessed an outflow of $2.75 million worth of XLM coins.

XLM Spot Inflow/Outflow
XLM Spot Inflow/Outflow | Source: Coinglass

This substantial outflow from exchanges suggests potential accumulation, which could reduce selling pressure.

Will Pi Crypto Value Drop To $0.40 Or Surge To $0.65?

Chandan Gupta
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0
Will Pi Crypto Value Drop To $0.40 Or Surge To $0.65?

Key Insights:

  • The $0.497 zone is emerging as a key support. A successful bounce from this level could lead to a 30% rally toward $0.65.
  • 318 million Pi tokens worth $160 million are set to unlock gradually, which could increase selling pressure.

Amid the ongoing bearish market sentiment, Pi crypto value continues its downward streak, forming red candles each day since June 26, 2025. Despite the overall bearish outlook, the current price action of Pi Coin appears bullish and suggests potential upside momentum in the coming days.

Experts’ Bullish Outlook and Bold Predictions

This bullish outlook has also been acknowledged by experts and analysts on X (formerly Twitter). In the past 24 hours, several optimistic views and bold predictions have surfaced, gaining significant attention from crypto enthusiasts.

In a post, a crypto expert shared that Pi is forming a textbook-style inverse cup and handle pattern on the 4-hour timeframe, indicating a bearish continuation. The post further added, “Now trading below the 50MA, momentum favors sellers. Break of $0.5 = gateway to $0.30 lows. The trend is weak. Structure is bearish. Caution warranted.”

Meanwhile, another expert stated that Pi crypto is nearing the oversold zone. Additionally, the post added, “The $0.4-0.35 zone might be coming. This will be your chance to buy. The altcoin Market is getting interesting. PI will also be juicy.”

https://twitter.com/CRYPTOAD00/status/1939983700285968414

Analysts typically view this surge in trading volume, combined with the price dip, as a sign of strong downside pressure, indicating increased selling activity and growing bearish sentiment in the market.

As of press time, the Pi crypto value stands at $0.4921, having recorded a price dip of over 3.85% in the past 24 hours. During the same period, trader and investor participation soared, resulting in a 10% surge in trading volume compared to the previous day.

Pi Crypto Price Action and Upcoming Levels

According to expert technical analysis, the Pi crypto value is poised for a potential reversal and may experience upside momentum due to the formation of bullish price action. On the daily chart, the asset is approaching a key support level at $0.497.

Historically, whenever the price reaches this level, it tends to reverse and gain upward momentum. However, this time, the pattern appears to be different.

PIUSDT Daily Chart
PIUSDT Daily Chart | Source: TradingView

The daily chart reveals that while the Pi crypto value has been forming lower lows, its Relative Strength Index (RSI) has been forming higher highs during the same period. This combination indicates a bullish divergence, suggesting that the price may be poised for a rally.

Based on recent price action and historical patterns, if the Pi crypto value holds this key support level, most likely, history will repeat itself. That is, the price could experience an upside momentum of up to 30%, potentially reaching the $0.65 level.

On the other hand, if the ongoing downside momentum continues, there is a strong possibility that the Pi crypto value could experience a further decline of over 20%, potentially reaching the $0.39 level in the coming days.

At press time, Pi crypto value is below the 50-day Exponential Moving Average (EMA), indicating that the asset is facing ongoing bearish pressure and lacks strong buying momentum, which could lead to further downside in the near term.

$160 Million Worth of Pi Scheduled to Unlock

However, the ongoing token unlock appears to be a red flag for the asset, as it could trigger selling pressure and limit further upside momentum.

Pi Coin Token Unlock
Pi Coin Token Unlock |  Source: PiScan

Data from Pi Scan reveals that nearly 318 million Pi coins, worth approximately $160 million, are set to be unlocked gradually over the coming months. This could increase selling pressure and negatively impact the Pi crypto value.

SUI Crypto Holds Above Support Zone Amid Trendline Resistance

Ronny Mugendi
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0
SUI Crypto Holds Above Support Zone Amid Trendline Resistance

Key Insights:

  • SUI crypto analyst indicated a completed Wave 1 impulse and a deep Wave 2 retracement.
  • SUI crypto displayed a large cup and handle pattern, holding near the neckline support.
  • RSI divergence on SUI crypto weekly timeframe suggested possible bullish momentum if the trendline breaks.

SUI crypto analysts defined price levels and structural dynamics that cut across its short-term outlook. SUI price moves were framed by clear Elliott Waves, a developing cup and handle, and tight intraday reversals, all providing clues for a precise SUI crypto prediction.

Indicators Structure Support SUI Crypto Bullish Case

According to analyst CryptoBullet, SUI crypto formed a textbook Elliott Wave sequence on its daily chart. The analyst confirmed that Wave (1) completed as a five-wave impulse, while Wave (2) retraced deeply to retest prior consolidation near $2.50.

SUI Crypto Chart
SUI Crypto Chart, Source: X

More so, the correction respected classic Fibonacci retracement behavior for Wave 2, which typically erased most of the prior impulse before resumption. The analyst introduced Fibonacci target extensions at 1.0, 1.618, and 2.0, which indicated that there was strong potential toward the upside of Wave (3).

In the meantime, SUI crypto price projection that targets the 1.618 extension was close to $10.50, whereas the 2.0 extension included the estimation of the level at $14.35, which could be reached, in case the trend is maintained.

Additionally, SUI crypto traded near $2.65 while SUI price attempted to confirm the $2.50 pivot zone as a valid support area. If confirmed, the next impulsive move could develop as projected, pushing the altcoin toward a new all-time high. The pattern suggested a stronger upside as the wave sequence aligned with standard Elliott Wave principles.

SUI Crypto Holds Neckline Support

Furthermore, analyst Rekt Capital indicated that SUI crypto made two unsuccessful attempts at the resistance level. The blue line indicated an initial rejection near $4.78, while the second push was rejected at $3.78, as indicated by a red horizontal line.

In addition, SUI crypto consolidated near $2.67, hovering above the neckline zone. According to the analyst, if this horizontal support fails, the larger bullish structure may be invalidated. A decisive close below $1.92 could expose further downside.

However, holding this area could maintain the base for the next breakout attempt above the falling trendline.

SUI Chart,
SUI Chart, Source: X

Further, the analyst noted that RSI displayed a declining trend in price. The RSI made a defined trend resistance as seen by the pattern on the lower highs in the main chart.

Additionally, a secondary upward-sloping RSI support trendline suggested a potential bullish divergence. The indicator remained above 34.89, a level that had contained recent downside momentum. If this support holds, there could be a shift in market sentiment.

Also, the analyst outlined that a break above the RSI downtrend line would support any move to reclaim higher ground. For SUI crypto investors, the RSI configuration acted as a supporting signal for any sustained price reversal. A confirmed RSI breakout may align with the asset’s move beyond the descending trendline.

Precise Bounce Trade Executed on Intraday Drop

Moreover, analyst Trader Rai highlighted a clean impulse-consolidation-bounce setup. This showed a sharp selloff from just under $2.80 to approximately $2.60, enclosed within an orange ellipse.

SUI price chart
Source: CoinMarketCap

Besides, after this steep drop, a rectangular green zone indicated where SUI crypto price found support and consolidated. Buyers absorbed supply within a narrow band near $2.57–$2.65. Repeated long wicks indicate failed pushes lower as buyers gradually stepped in.

According to the analyst, the bounce trade was executed when SUI crypto broke upward from this zone. The asset quickly surged to the target profit near $2.75, aligning with short-term resistance. SUI price then retraced slightly, showing profit-taking activity. This sequence added clarity to near-term SUI crypto price prediction for traders.

TRUMP Crypto Confirms Breakout Above Trendline Amid Strong Impulse Push

Ronny Mugendi
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0
TRUMP Crypto Confirms Breakout Above Trendline Amid Strong Impulse Push

Key Insights:

  • TRUMP crypto executed a precise breakout trade with a stop-loss below prior support and profit target near $9.15.
  • TRUMP crypto 5-minute chart showed a range between $8.90 and $9.10 before breakout hit $9.2117.
  • TRUMP crypto price reclaimed resistance zone, suggesting 9.10 may now act as immediate short-term support.

TRUMP crypto is the latest coin gaining popularity as analysts examine its breakout pattern, intraday swings, and momentum signals. Technical observations pointed to a possible base push arising amid confirmation signals on the following decisive TRUMP price swing.

Breakout Execution Confirmed on TRUMP Crypto

Analyst TraderRai noted that TRUMP crypto depicted a perfect breakaway structure. The chart also indicated an ascending trendline that showed a pattern of higher lows before the breakout. TRUMP crypto price gained solid structural backing, presented by the trendline, which pushed the price higher towards the breakout zone.

TRUMP Crypto Chart,
TRUMP Crypto Chart, Source: CoinMarketCap

Besides, TRUMP crypto closed above the recent swing high with solidity, affirming a confirmed breakout that had manifested. This validated the arrangement and marked a stronger upward impulse. Therefore, breakout zone turned into a new support level after a successful retest.

In addition, a green shaded box on the chart marked the profitable trade level. The analyst suggested that the trade strategy placed the stop-loss at the bottom of the grey support zone, protecting risk. Further, the breakout drove TRUMP crypto to a near top of $9.15, before retracing.

Additionally, on the right side of the chart, profit-taking was observed with the help of red candles after the target was reached. Meanwhile, the sequence emphasized orderly performance as the breakout-retest-continuation formation held as expected.

Intraday Breakout Pushes TRUMP Crypto Higher

Analyst Andrεω tracked TRUMP crypto action in the 5-minute chart. The initial trading was marked by a visible downward drift from the $9.4000 level. Consecutive red candles formed a lower low, driving TRUMP price below $8.9000.

TRUMP Crypto Chart
TRUMP Crypto Chart, Source: X

However, after the decline, the analyst noted that TRUMP crypto moved into sideways consolidation. More so, TRUMP price held within a narrow range between $8.9000 and $9.1000 for several sessions. Small-bodied candles with long wicks signaled tests of both resistance and support within the band.

Further, progressive formation of higher lows suggested the rise of bullish pressure. Also, a clean breakout took TRUMP crypto over resistance at $9.1000. TRUMP price was pushed to $9.2117 by strong green candles at the time of analysis.

Consequently, the breakout suggested buyers regained short-term control, reclaiming lost ground. The analyst indicated that the breakout level near $9.1000 will serve as immediate support if any pullback develops.

TRUMP Crypto Holds Key Range Near $9

Additionally, according to another analyst, TRUMP crypto stabilized near $9.07. TRUMP price moved within a tight range between $8.80 and $9.20. This followed a sharp decline from the $12.00 region observed earlier in June.

The analyst described this phase as a possible base-building structure. Further to that, the extended sideways pattern pointed to reduced bearish momentum for TRUMP coin. TRUMP crypto remained at a technical pivot as it sought a clearer trend direction.

Moreover, the Relative Strength Index (RSI) was pointed out at 50.95, having crossed a bit lower than its signal line at 52.32. This indicated that bullish momentum was weak. The indicator remained close to the neutral level with an indication of indecisiveness.

TRUMP Crypto Chart,
TRUMP Crypto Chart, Source: TradingView

Subsequently, the RSI shot above 60 in a short-lived bounce, implying that there was buying pressure, which soon faded. However, the RSI managed to form higher lows than flat price action, indicating a subtle divergence.

On the other hand, TRUMP crypto revealed additional momentum clues through the Moving Average Convergence Divergence (MACD). The MACD line remained at 0.02, slightly above its signal line at 0.01.

In addition, the histogram stayed in positive territory but with shallow bars. This implied that bullish momentum is weak. The MACD and signal lines remained mostly flat, further supporting a neutral outlook for TRUMP crypto forecast.

Furthermore, a stronger bullish confirmation would require a clear MACD crossover supported by expanding histogram bars and rising volume. Any bearish crossover could negate the weak upward bias observed.

Dogecoin Price Prediction: DOGE Faces Resistance Near $0.17

Maxwell Mutuma
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0
Dogecoin Price Prediction: DOGE Faces Resistance Near $0.17

Key Insights:

  • DOGE is consolidating between $0.159 and $0.169 with rejection at a key resistance zone near $0.171.
  • Dogecoin price prediction showed a bearish channel, capping bullish moves near $0.165.
  • A breakout above $0.165 will signal a bullish reversal, while a drop below $0.159 risks a decline to $0.152.

Dogecoin price prediction is in a narrow range as investors noted significant technical zones where a breakout or drop may occur. The analysts provide distinct analyses concerning DOGE price structure, resistance levels, and support collapse possibilities.

Dogecoin Price Prediction Eyes Key Breakout Zone

According to analyst AgentWyck, a key resistance zone is between $0.1690 and $0.1710. DOGE price action has repeatedly failed to close above this zone, confirming it as a short-term barrier. Several candlesticks have rejected this range, and Dogecoin price prediction remained slightly below the $0.17 level at press time.

dogecoin price chart
Source: X

In addition, the analyst indicated that there was a support zone resting between $0.1572 and $0.1591. The zone has stopped falling prices in the past on June 21-22, and at present, it has become a buyer’s defense against downside pressure. A breakdown below $0.1590 could open the path to $0.1520, marking a potential 8% decline from the upper rejection zone.

DOGE is in a period of consolidation around the mark of $0.1590 and $0.1695. The bullish continuation to the $0.1780 level may be determined by the candle closing above $0.1695.

In the meantime, a candle near $0.1590 could confirm bearish speculation, aiming at $0.1520, with the stop-loss located at $0.1625. Dogecoin price prediction remained range-bound pending a confirmed breakout.

Sideways Channel Holds Key to Breakout Potential

Chattha, an analyst, observed the consolidating and breakdown patterns on the 4-hour timeframe. DOGE price traded at an approximate price of $0.20 and then collapsed on a downward slope. A similar pattern emerged near $0.20411, where DOGE again broke down following a sideways movement.

dogecoin price chart
Source: CoinMarketCap

The chart showed the price bottomed out at $0.14339, which now serves as a key demand zone. From this level, DOGE coin rebounded into a narrow sideways channel, bounded between $0.155 and $0.165. This consolidation phase suggested uncertainty and low volatility after prolonged selling pressure.

Further to that, the chart was projected to hit a downswing through to $0.155, then a subsequent turn upward to the prospective range of $0.18 to $0.20. This Dogecoin price prediction hinged on the support of the bottom of the existing channel.

However, a breakout on top of the $0.165 hurdle would be needed to alter the structure of the market to a bullish one. Also, there is a downside risk to DOGE price at support located near the $0.14339 level.

Descending Channel Dictates Dogecoin Price Prediction

Additionally, an established downward channel was indicated by analyst MetaShark. Dogecoin has continued to close at lower highs and lower lows on such formation. The upper trendline has on multiple occasions served as the resistance, whereas the lower boundary has provided intermediate support during retracements.

Dogecoin Price Prediction Chart,
Dogecoin Price Prediction Chart, Source: X

DOGE has fallen close to the upper trendline, approximately at $0.16452. This level represented dynamic resistance, which has previously rejected multiple bullish attempts. In the absence of a reaffirmed breakout, the Dogecoin price prediction is a downward progression inside the channel.

Meanwhile, a breakout above the descending channel would be the first signal of a shift in momentum. The chart implied that DOGE coin may attempt this breakout if volume increases near the resistance.

In the immediate term, the $0.165 to $0.171 range emerged as a critical resistance zone. This zone is one of the key zones that analysts identified as important for any bullish confirmation breakout. The current overall Dogecoin price prediction remains neutral to bearish until this zone is regained on increased volume.

Furthermore, support levels between $0.155 and $0.159 act as important levels for buyers to protect. Any weakness below this level will put DOGE at risk of even lower levels of support at $0.1520 and $0.1460. On the other hand, an upside break with a resistance range of $0.165 to $0.171 would enhance the possibility of a trend reversal toward $0.178 or higher.

In the meantime, with the consolidation narrowing in both directions, a breakout will determine Dogecoin price prediction in the approaching sessions.

Bakkt Crypto Holdings Files SEC Form S-3 To Raise $1B For Crypto Expansion

Maxwell Mutuma
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0
Bakkt Crypto Holdings Files SEC Form S-3 To Raise $1B For Crypto Expansion

Key Insights:

  • Bakkt files S-3 registration to raise $1 billion in capital.
  • Form allows equity, debt, or warrants for flexible fundraising.
  • Filing supports direct Bitcoin purchases under the updated June 2025 policy.

Bakkt Crypto Holdings, Inc. has now lodged a Form S-3 registration statement with the U.S. Securities and Exchange Commission (SEC), which will allow it to issue as much as $1 billion in the mix of equity, debt, and warrants.

The filing dataed June 26, 2025, under the Securities Act of 1933 could mark a turning point for the company.

In the registration, which was filed in Delaware and registered in the office of the Secretary of State of Alpharetta, Georgia, the company indicated that it could issue common stock, preferred stock, and other types of debt or warrants.

SEC Filing
SEC Filing | Source: X

The flexibility inherent in a shelf registration allows Bakkt access to capital markets on a step-by-step basis as it sees fit and in a manner that supports otherwise advantageous strategic priorities.

Regulatory Signal and Corporate Intent

The document notes Bakkt’s formal processes for adhering to the SEC and tickets to collect capital, fixedly ascertained as per time after the effective date of this registration statement.

The name of the co-Chief Executive Officer Akshay Naheta was noted in the listing, and legal counsel and regulatory representatives’ contact details are also given, which makes the corporate action even more serious.

This official attraction highlights Bakkt’s determination to follow aggressive digital coin policies and points towards regulatory conformity in case of possible Bitcoin acquisitions.

The filing does not provide specific timings or offering schedules, but it has been set up to enable quick mobilization when opportunities arise.

Although the company is yet to unveil the exact fundraising phases, the complete discharge of the $1 billion registration may place Bakkt on the list of the most prominent publicly traded crypto collectors of Bitcoin.

At the press time BTC price (about 106,800 USD), the company would be able to purchase approximately 9,364 BTC if it constructively applied the funds raised all toward digital asset purchases.

That implies that Bakkt would surpass Coinbase and that it would be slightly behind large institutional investors likeTesla and MicroStrategy.

The filing outlines a broad spectrum of fund applications, listing possible acquisitions of Bitcoins, crypto treasury diversification, expansion of operations, and other corporate requirements.

The organizational record of the shelf registration enables Bakkt to be flexible as it readies to have more exposure to Bitcoin markets.

Initially, Intercontinental Exchange (ICE) launched them in 2018, and therefore, Bakkt was in the news because it pioneered regulated Bitcoin futures.

The company has since developed over the years to include custody solutions, merchant payment, and consumer rewards programs. Yet, a new era is on the horizon when Bakkt will take efforts to become a full-stack Digital asset infrastructure provider in 2025.

The co-CEO of the company, Akshay Naheta, stressed that this move aims to turn Bakkt into a pure-play crypto infrastructure company. This shift reflects the general trend of movement around the entire financial sector, with companies combining traditional financial tools with on-chain technologies.

Bakkt’s Crypto Holdings: Comparison with Institutional Peers

Imagine that Bakkt crypto holding adopts the strategy to acquire Bitcoin on a large scale. Then, it will become a member of the group of institutional innovators who employ their balance sheets to expose them to the largest digital coin worldwide.

Previous actions by Strategy, Marathon Digital, Tesla, and Galaxy Digital have resulted in increased interest among investors, a reputation on the market, and integration with digital asset environments.

Bakkt’s strategy is distinguished by time and organization. The shelf registration process implies that the company is not committed to one capital raise event or a one-time crypto purchase. Instead, it can gradually roll out products or services as the market situation changes, which is an opportunity in the inherently unstable crypto space.

Although the company’s move to file the filing does not imply direct purchase of Bitcoin, it provides a regulatory framework for these ventures. By so doing, it may have been a vote of confidence in Bitcoin on the part of another of the big U.S.-based institutions.

Moreover, the June novelty of 2025 of the policy stated in the registration of Bakkt permits direct investment in Bitcoin, which reflects the availability of the corporation treasury options to the current regulatory clarity.

In the event that Bakkt continues to buy large amounts of BTC, it would stimulate additional activity among the institutions and, possibly, have an impact on the supply side of Bitcoin exchanges.

The Form S-3 filing is not just a formality, but it will mark a new step in Bakkt’s move towards integrating digital assets.

Additionally, the filing suggests the Holding can ramp up its crypto operations through direct purchase of objects.

Pi Network Partners With Banxa and Onramper, Will Pi Crypto Value Rise?

Jackson Kelley
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0
Pi Network Partners With Banxa and Onramper, Will Pi Crypto Value Rise?

Key Insights:

  • Pi Network Deepens Accessibility via Banxa and Onramper
  • Banxa Enhances Utility Through Liquidity and Wallet Activation
  • The current Pi Crypto Value Holds Support After Failed Breakout at $0.66

Pi Network has also revealed its partnership with Banxa and Onramper, giving a positive outlook on the Pi crypto value.

The partnership involves fiat-to-crypto gateways to offer direct transactions of Pi Coin with the help of traditional payment methods.

The announcement coincides with the objective of Pi Network preparing to be used within popular culture by introducing some degree of connection between the decentralized worlds and the mainstream financial entities.

Snap
Snap | Source: X

The Banxa integration will provide users in more than 100 countries the option to purchase Pi Coins with fiat currencies like USD, EUR, and INR. It accepts different means of payment such as Apple Pay, Google Pay, and bank transfer.

The collaboration eliminates the challenges related to intermediate conversions and exposes access to millions of prospective consumers who have never used crypto platforms.

Banxa is also supportive of off-ramping, which allows Banxa users to sell Pi Coin directly into fiat and have it deposited into their bank accounts, abolishing the vital use of tokens in the real world.

The Pi Crypto Value Finds Support After Retreat From Resistance

Amid the news, the Pi crypto value on June 29 stands at 0.5300, an increase of 10.24% in the last week. The market capitalization is about $4.03 billion, and there are 7.61 billion PI circulating in the market with a total supply of 100 billion.

During the 24-hour block, the trading volume decreased significantly by 49.03% to reach $73.18 million, with the 7-day performance generating a positive picture.

Pi coin price
Source: CoinMarketCap

According to the graph on CoinMarketCap, the price increased by almost 25 percent ($0.49 to $0.66) in a span of only three days between June 23 and 26 and then fell back. This action returned Pi to a temporary consolidation area around $0.52-$0.54.

Pi Crypto Value Under Tight Consolidation

Looking at 2-hour charts, we see evident support at the range of $0.4345, where a number of rebounds occurred in the middle of June.

The level was flipped as price action on June 23 led to an aggressive rally and the formation of a sharp top at the resistance level of $0.65- $0.66.

This area has declined price action numerous times in the past, so there is heavy overhead selling pressure at this zone.

A distribution segment transpired at the lower limit of $0.56 to the higher level of $0.59 after the high.

This range indicated a lack of excesses in prices as indicated by narrower candle sizes and longer wicks, an indication of indecisive price action and sell-side dominance.

As the distribution was settled, the asset dropped into a secondary consolidation box of $0.52 to 0.54, where it is trading at present, exhibiting low volatility.

2-hour PI/USDT Chart
2-hour PI/USDT Chart | Source: TradingView

The general rule looks like an abortive breakout with stabilization. Volume data backs this conclusion. A 49% drop followed the price increase in trading volume, which is a sign of losing steam or having fewer hands in the game after the pump.

Nevertheless, trading volume statistics are 7.61 billion tokens out of 100 billion, meaning an insignificant percentage of the coin is circulating, which is a contributing factor to possible turbulence.

The price of the token is also structurally limited by the resistance band of the price range below the mark of $0.66, and lower highs have formed since the June 26 peak.

Although the near-term support level is around the $0.53 level, its eventual failure might bring Pi back to the previous level around the $0.49 or even the broader range around the $0.43 and the $0.45.

AI Crypto Tokens Retreat As Nvidia Stock Hits All-Time High: A Growing Divide

Maxwell Mutuma
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0
AI Crypto Tokens Retreat As Nvidia Stock Hits All-Time High: A Growing Divide

Key Insights:

  • Nvidia stock surged as AI equities outpaced crypto token performance.
  • AI crypto tokens dropped sharply, facing liquidity and adoption concerns.
  • Bitcoin dominance climbed, capturing nearly 66% of crypto market capitalization.

Market data shows that Nvidia stock (NASDAQ: NVDA) hit a new all-time high, closing on June 27 at 157.75, a 1.72% increase on the day. This share has reached its highest mark in intra-day trading at $158.71 and is a radical upswing from the April low, which stood at $93.31.

This is after experiencing a cataclysmic 37.6% crash in Q1 2025 because of intense competition over interminable prices supplied by the Chinese DeepSeek and the pressure caused by the tariffs introduced by the Trump administration’s policy of Liberation Day.

In spite of the geopolitical turbulence earlier this year, the statement by CEO Jensen Huang at Nvidia’s annual shareholder meeting was bullish.

Basing his argument on the fact that AI and robotics are characterized as “multitrillion-dollar growth opportunities,” the optimism expressed by Huang seems to have translated into investor confidence in the semiconductor market in general.

Philadelphia Semiconductor Index (SOX), which monitors the movements of the top semiconductor shares, has been performing similarly to that of Nvidia, having risen by almost 20 percent in the last month.

The fundamentals of the market also cement Nvidia’s position. Currently, the company has a market cap of 3.85 trillion, 52 52-week high of 158.71, and a low of 86.63.

The 1-day chart depicts a steep morning pump and a gradual consolidation of the price around the points of $157, which shows that there is strong support on the higher end of the pricing.

NVIDIA Stock Data
NVIDIA Stock Data | Source: Google Analytics

AI Tokens Falter Despite AI Equity Rally Amid the Nvidia Stock Move

In sharp contrast to the restoration of Nvidia stock, AI-oriented cryptocurrency tokens face an impressive downturn. Statistics demonstrate the fact that such tokens as the Bittensor (TAO), Fetch.ai (FET), Render (RNDR), Near Protocol (NEAR), or Worldcoin (WLD) have registered relatively small gains in today’s session.

AI Crypto Data
AI Crypto Data | Source: CoinMarketCap

This discontinuity is a significant detachment between equity-based and blockchain-based AI discourse.

Nvidia continues to dominate AI infrastructure technology. The chip giant is way ahead of decentralized AI tokens in terms of either adoption potential or revenue generation capacity.

It is based on stories and visions and not actual revenue generation, as has been observed by Ram Ahluwalia, the CEO of Lumida Wealth.

One issue that he reveals comes to mind: the product market is a fit that will not go on these tokens successfully.

A notable figure is Interactive Strength (NASDAQ: TRNR), which said in early June that it would convert its crypto treasury to hold FET tokens.

Since then, TRNR stocks have crashed by 53.37%, with FET garnering losses by 19.18%, which increases losses to the stakeholder in both assets.

Chart Spotlight: Bitcoin’s Market Domination Surges

Away from Nvidia stock, the other sphere of disagreement is the greater market makeup of crypto. The current yCharts data revealed that Bitcoin’s dominance has increased dramatically, up to 65.91% of the total crypto market cap ($2.13 trillion of the total $3.39 trillion).

This strengthened control is representative of a capital flight out of altcoins, such as AI-related tokens, into Bitcoin, which is usually considered a safer trade in volatile activities.

This is reassured by a 4-hour Bitcoin chart on Binance. The chart indicates that the current price of BTC/USD is at $107,614.78, and the coin is consolidating around the price top after a recent rally.

The sharp rise that started at around the level of 98,000 has resulted in a green rectangular consolidation zone that goes all the way up to 107,000 to 108,000.

Nevertheless, Bitcoin has been hitting a strong resistance area of between 110,127 and 110,647, over which there are rejections on late sunsets and early June.

4-hour BTC/USD Chart
4-hour BTC/USD Chart | Source: TradingView

Analysis of volume reveals that the buying force increased initially in the first breakdown, but it has now leveled off, suggesting a reprieve or a correction.

The next sign of a break above the $110K resistance area would necessitate a new supply of volumes and bullishness.

$PI Crypto Faces Mounting Volatility Amid Mixed Market Signals And Unlock Warning

Josh Alba
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0
$PI Crypto Faces Mounting Volatility Amid Mixed Market Signals And Unlock Warning

Key Insights:

  • PI crypto rebounds 7% post-Pi2Day, but macro downtrend remains intact.
  • The upcoming token unlock may trigger over $215M in sell pressure.
  • Negative funding and failed resistance retests highlight bearish market control.

On June 28, the price of PI crypto gave some signals of life when it slightly rose above an intraday low at $0.52102 to reach a higher value at $0.55973.

This positive intraday jump of 7.4% correlates with new global trading activity after the update of the Pi2Day, as denoted already with an increased volume and price action of the 15-minute candle on the Gate.io chart.

In spite of this local bull run, the asset is still under pressure to trade at $0.54114 with a loss of 5.12% over the last day. Pi crypto has no chance of returning to prices near March, exceeding $2.

Looking at the 15-minute chart moving averages, short-term consolidation can be expected. The MA5 (0.53484), MA10 (0.53426), and MA30 (0.53239) have converged and flattened ahead of the spike, which is indicative of a short equilibrium zone.

The overnight market saw the breakout candle go green rather abruptly, easily driving the price even above those levels, which might point to speculative long leverage.

15 min PI Chart
15 min PI Chart | Source: X

In fact, a look at trading on MEXC shows a 75x long on the PIUSDT perpetual contract. It fetched 73.97%, which indicates high volatility and leveraged interest coming back into the token.

PI Perpertua Data
PI Perpertua Data | Source: X

Year-to-Date Decline Persists on Pi Crypto

When we look at the 12-hour chart, the situation with PI/USDT is much less rosy. The token has been declining in a clear trend since it reached close to $3.00 in February.

The downward trend is not over, either, with the green diagonal trendline showing lower highs and lower lows.

The token is currently trading at 0.5348, which means that it has declined by almost 82% since its YTD high.

The bigger pattern indicates sporadic yet puny recoveries that could not regain substantial resistance levels. Every pump, the most recent one not being an exception, is accompanied by rejection, a bullish indicator.

12-hour PI Chart
12-hour PI Chart | Source: X

Historical parallels to Pi2Day (June 28) indicate that even though some traders expected it to behave as a bullish catalyst, they might have been wrong.

History shows unlocks have been followed by losses as significant as 30-77% and the next unlock in July (where 276 of 7.3 billion tokens, 3.7% of the supply, are unlocked, valued at over 2.15B), may bring a lot of down pressure.

CoinGlass funding rates data in March raises this alarm. The PI crypto OI-weighted funding rate continued to be negative all through the second week of March, reaching its lowest at -0.15%.

It indicates that the short positions were significant in the market, and traders used to bet against the up-momentum of PI.

PI Weighted Funding Data
PI Weighted Funding Data | Source: CoinGlass

Negative funding most often implies that the short sellers are paying longs to hold their short position, which exposes the shorts as a bear force rather than a bull force.

The imbalance may continue or increase with time as we wait for unlocking pressures to bearish funding structures.

On-Chain and Exchange Flow Dynamics Raise New Questions

A X expert observed that there was no fundamental selloff. Still, instead of dipping below the previous support at $0.56 to the current support at $0.52 following Pi2Day, it was an artificially initiated dump by some early buyers or market makers.

The theory is that the Pi coins will now commence leaving the exchanges and return to the ecosystem. This is likely because of staking or protocol involvement. This conflicts with observable low price momentum at price charts and could be an indication of positioning by whales.

Nonetheless, such a redistribution narrative remains to be challenged. There is an outstanding possibility that this movement is a temporary action before the lock expires in July, without any background material to attest to those ecosystem interactions or on-chain locking.

According to Gate.io’s 24-hour data, the volume of transactions in 70.18M PI and 37.73M USDT has an extremely strong speculative background, but there is no evidence of long-term accumulation.

Also, what undermines any bullish sentiment linked to ecosystem strength is the price’s inability so far to sustain itself above the resistance level marked by around $0.56.

In the same manner, the volume on OKX is also active, equaling 77.68M PI crypto. However, the impossibility of breaking the $0.60 barrier confirms that the overhead resistances are still under the sellers’ control.

The PI crypto is currently coiled in a narrow trading band between $0.52 and $0.56, so market players are expected to expect more volatility. The Pi2Day event did not bring a long-term reversal despite the short-term price increase.

Although the story of market maker manipulation and demand recovery provides part of the explanation for the short bounce, the current technical and on-chain statistics remain alarming.

Cardano News Today: Experts Predict ADA Surge to $2.60

Anuj Bhor
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0
Cardano News Today: Experts Predict ADA Surge to $2.60

Key Insights:

  • As per the latest Cardano news, ADA has found support at the $0.516 level, a zone that often triggers strong price reversals.
  • Experts suggest a similar pattern is forming that previously led to a 240% price rally, pointing to a potential upside target of $2.60.

Amid the ongoing market uncertainty, the major Cardano news that appears beneficial for token holders includes the potential formation of a bullish pattern and growing interest from experts.

Despite a sharp 35% decline since May 2025, ADA, the native token of Cardano, has found support at a key level, hinting at a possible trend reversal.

Current Price Momentum

At press time, ADA was trading near $0.567 and had recorded a modest 1% price increase over the past 24 hours. During this period, participation from traders and investors has surged. Data from CoinMarketCap shows that ADA’s trading volume in the past 24 hours has soared by 90% compared to the previous day.

Cardano (ADA) Price Momentum
Cardano (ADA) Price Momentum | Source: CoinMarketCap

This substantial surge in trading volume, along with the modest price increase, suggests strong upside momentum and indicates that participants are pushing ADA’s price to a higher level.

The potential reason behind this surge in participation might be the latest Cardano news, which points to a bullish price action.

Cardano (ADA) Price Action and Key Technical Levels

According to expert technical analysis, ADA, after experiencing a 35% price drop in recent days, has reached a key support level at $0.516. Following this, the asset has begun to show signs of a price reversal and appears to be repeating historical patterns.

As per the daily chart, this support level has a strong history of triggering reversals — whenever the asset has reached this level in the past, it has consistently witnessed upside momentum, which now seems to be happening again.

ADAUSDT Daily Chart
ADAUSDT Daily Chart | Source: Trading View

Cardano News: Will ADA Price Rally?

Based on the recent price action, if ADA manages to hold above the $0.516 level, there is a strong possibility that the asset could see a price surge of over 45%, potentially reaching the $0.83 level in the near future.

On the other hand, if this momentum fails and the price falls below the $0.516 level, a massive drop in the asset’s price could be witnessed.

At press time, ADA is trading below the 50-day Exponential Moving Average (EMA) on the daily time frame, which hints that the asset is in a bearish phase or facing continued downward pressure.

Whereas, the Relative Strength Index (RSI) stands at 38, indicating that ADA is approaching the oversold territory, which could suggest a potential for a short-term rebound if buying pressure increases.

Experts Share Bullish Predictions for ADA

Given the current market sentiment, experts and analysts have shown strong interest and confidence in the token. Additionally, many have made bold predictions, hinting at bullish potential for the ADA token.

In a post on X (formerly Twitter), an expert shared an ADA chart and noted that the token is approaching a critical trendline resistance. The last time a similar pattern was broken, ADA experienced a 240% upside move. A similar structure appears to be forming again, and a breakout this time could potentially propel ADA’s price to $2.60 in the future.

This bold prediction has gained widespread attention from crypto enthusiasts.

Not only this, another well-followed crypto expert shared a post on X while noting, Cardano (ADA), “fairly fresh off of a recent breakout, still looks to be on track to have a significant upside move in the works, consisting of an over 120% surge! We continue to target $2+…”

Meanwhile, professional crypto experts like Alex Becker and Lark Davis also appear to have an optimistic view of Cardano (ADA).

Solana News: SOL Breaks Bearish Patterns, Eyes on $182

Jackson Kelley
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0
Solana News: SOL Breaks Bearish Patterns, Eyes on $182

Key Insights:

  • Solana (SOL) has broken out of two major bearish patterns, a head and shoulders and a descending channel, hinting trend reversal.
  • If SOL holds above $150, a 20% rally toward $182 is possible.

The latest Solana news is that SOL, the native token, has finally broken out of two distinct bearish patterns and now appears to be shifting from a bearish trend to a bullish one.

According to the daily chart, since April 2025, SOL has formed bearish patterns such as a head and shoulders and a descending channel.

Latest Solana News: SOL Ends Its Bearish Trend

With a 5% upside move, SOL has broken out of its prolonged descending channel pattern and completed its head and shoulders pattern.

Current Price Momentum

As a result, the asset is now trading near $149 and has been garnering significant attention from traders and investors. Data from CoinMarketCap reveals that during this period, the asset recorded a 10% increase in trading volume compared to the previous day.

This jump in trading volume, along with the rise in asset price, suggests that the upside momentum is strong and may be sustained for a longer period.

Solana Price Action and Key Technical Levels

According to expert technical analysis, Solana (SOL) appears bullish and is poised for significant upside momentum, having broken out of the descending channel pattern.

As per the daily chart, the SOL price has been hovering within this channel since the beginning of May 2025. This breakout stands out as a major development for token holders, as it has now opened the path for a substantial upside rally.

SOLUSDT Daily Chart
SOLUSDT Daily Chart | Source: Trading View

Solana Price Prediction

Based on recent price action and historical momentum, the SOL price has successfully closed a daily candle above the channel pattern. If the price continues to hold above the $150 level, there is a strong possibility that it could soar by 20%, potentially reaching the $182 level in the coming days.

On the other hand, if the ongoing sentiment shifts and the price begins to fall, there is a strong possibility that $148 will act as a strong support level for the asset, and the price may continue to consolidate near this level.

With this breakout, the SOL price has now moved above the 50-day Exponential Moving Average (EMA) on the daily timeframe, indicating that the asset is in an uptrend and may continue this rally in the coming days.

Meanwhile, the SOL Relative Strength Index (RSI) has soared to 52, indicating a shift toward bullish momentum and suggesting that buying pressure is gradually increasing.

Experts and Analyst Bullish View

Given the current market sentiment, experts and analysts have been making bold predictions. On X (formerly Twitter), several optimistic posts have surfaced, with some suggesting that SOL could reach $388, while others have shared a positive outlook regarding a potential Solana ETF.

On June 29, 2025, a crypto expert shared a post on X, noting, “SOL looks ready to start its climb to $388.” He further added, “Noting you can do to stop it.” This post on X gained massive attention from the crypto enthusiasts and spread like wildfire.

Another major Solana news update revolves around its potential ETF approval. In a recent post on X, a crypto user shared,

“SOL has been in an uptrend for almost two years. It also hit a new all-time high (ATH) in 2025 and now looks set for another rally. There’s almost a certainty of Solana staking ETF approval in July, and this will definitely unlock a lot of institutional capital for Solana. I’m not expecting a new ATH, but rather a 20%–25% pump from the current level.”

The latest Solana news related to the ETF has been further supported by a crypto investor and OKX (a crypto exchange) partner. In a recent post, he made a bold prediction, stating, “SOL ETF approval is coming in a few weeks, and the chart looks like this. It’s time to send Solana higher.”

Cosmos Crypto Poised for 31% Rally? Experts Share Bold Predictions

Josh Alba
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Cosmos Crypto Poised for 31% Rally? Experts Share Bold Predictions

Key Insights:

  • On X, experts made bold predictions for Cosmos crypto, forecasting a price target of $17 for ATOM.
  • Based on chart analysis, if ATOM breaks and holds above the resistance level of $4.18, it could rally by 31.50%.

ATOM, the native token of the Cosmos crypto, appears bullish and is poised for a significant upside rally due to its strong price action. The daily chart reveals that the asset has recorded a notable 15% rally over the past week and has reached a key level that is now garnering significant attention from experts and investors.

Experts’ Bold Prediction for Cosmos Crypto

Given the current market sentiment, several posts have surfaced on X (formerly Twitter), making bold predictions that are now gaining widespread attention.

In a recent post on X, a well-followed crypto expert made a bold prediction. In the post, he noted, “All I know is ATOM will go to 17 whenever it is ready. Thank you for your attention to this matter!”

This bold prediction by the expert reflects strong interest and confidence in the asset. Additionally, another crypto expert shared a bullish outlook for Cosmos crypto. In a post, the expert stated that technical analysis indicates a bullish trend and suggests that ATOM could soar in the coming days.

Meanwhile, another analyst shared a similar view. In a post on X, the expert noted, “ATOM was performing extremely well during the last bull run are now deeply oversold, and recovery seems nowhere near.

Considering the bullish comments and bold predictions for Cosmos crypto, it appears that ATOM has strong potential for upside momentum in the coming days.

Current Market Sentiment

At press time, Cosmos (ATOM) was trading near $4.04 and had recorded a modest upside rally of over 1.65% in the past 24 hours. However, during the same period, trader and investor participation has declined.

Data from CoinMarketCap reveals that ATOM’s trading volume during this period dropped by 8% compared to the previous day.

This drop in the trading volume suggests weak momentum in the Cosmos crypto and there is a strong possibility that the asset could struggle while continuing its upside momentum.

Cosmos (ATOM) Price Action and Price Prediction

According to expert technical analysis, ATOM has been hovering between the upper and lower boundaries of a descending channel pattern since May 2025.

However, with the recent upside momentum, the asset’s price has reached the upper boundary and appears to be struggling to break out of the pattern.

ATOMUSDT Daily Chart
ATOMUSDT Daily Chart | Source: Trading View

Cosmos Crypto Price Prediction

Based on recent price action and historical patterns, if the upside momentum continues and ATOM breaks out of the descending channel pattern, closing a daily candle above the $4.18 level, the bearish trend could come to an end.

If this happens, there is a strong possibility that Cosmos crypto could soar by 31.50%, with the price potentially reaching the $5.50 level in the coming days.

On the other hand, if sentiment shifts and the asset fails to breach the trendline, there is a strong possibility that Cosmos (ATOM) could continue its downward momentum, potentially repeating its historical pattern.

At press time, Cosmos crypto is facing resistance from the 50-day Exponential Moving Average (EMA), which suggests that the asset remains in a downtrend.

Whereas, ATOM’s Relative Strength Index (RSI) stands at 50, indicating a neutral momentum in the market, where neither buyers nor sellers have a clear advantage.

This suggests a period of consolidation, and the next price movement could depend on whether buying pressure builds up to push it above the key resistance levels or selling pressure drags it below immediate support.

XRP News Update: Bullish Breakout Coming?

Maxwell Mutuma
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0
XRP News Update: Bullish Breakout Coming?

Key Insights:

  • Ripple has settled its long-standing legal dispute with the U.S. SEC by agreeing to pay a $125 million penalty.
  • XRP price could rally 18% toward $2.60 if breaks out of the prolonged upper boundary of channel pattern.

The latest XRP news is that Ripple has finalized its legal battle with the United States Securities and Exchange Commission (SEC).

XRP Latest News: Ripple vs SEC Battle Over?

According to recent reports, Ripple will pay a $125 million penalty for unregistered securities, while XRP’s status has been reaffirmed as a non-security following the dropped appeals.

Following the recent XRP news, sentiment around the asset has turned bullish, along with its price action. The daily chart reveals that the asset is on the verge of a massive upside move, and interest from both investors and analysts in the token has skyrocketed.

Meanwhile, another optimistic development for XRP is that traders and investors have placed strong bullish bets and increased accumulation over the past 24 hours, suggesting potential upside momentum.

Despite these recent developments, XRP’s price has remained stable over the past 24 hours, recording a modest change of -0.35% and trading near the $2.18 level.

During this period, investor and trader participation also declined, resulting in a 51% drop in trading volume, which appears to be a negative sign for the asset.

XRP Price Action and Upcoming Levels

According to expert technical analysis, XRP’s price appears to be at a make-or-break level. The daily chart reveals that the asset has been hovering within a descending channel pattern, and with the recent upside move, the price has reached the upper boundary of the channel.

XRPUSDT Daily Chart
XRPUSDT Daily Chart | Source: TradingView

Based on recent price action and historical patterns, if the current market sentiment remains unchanged, there is a strong possibility that history could repeat itself and the price could drop to the $2 level in the future.

However, if the latest XRP news causes the asset to break out of the prolonged descending channel pattern and close a daily candle above the $2.22 level, an impressive 18% price surge could be witnessed. If this happens, XRP’s price could reach the $2.60 level in the future.

At press time, XRP’s price is facing resistance from the 50-day Exponential Moving Average (EMA) on the daily timeframe, which suggests the asset is in a downtrend. This resistance appears to be causing selling pressure, which may explain the ongoing consolidation near this level over the past four trading days.

On the other hand, the Relative Strength Index (RSI) stands at 50, indicating neutral momentum in the market, where neither buyers nor sellers currently have a clear advantage. This level often suggests a potential shift in trend depending on upcoming price action.

On-Chain Metric Flashes Bullish Sentiment

Given the current market sentiment, traders and investors appear to have a strong bullish outlook, as revealed by the on-chain analytics firm CoinGlass.

Data from spot inflow/outflow shows that exchanges across the crypto landscape recorded an outflow of $2.57 million worth of XRP in the past 24 hours.

XRP Spot Inflow/Outflow
XRP Spot Inflow/Outflow | Source: CoinGlass

This substantial outflow suggests potential accumulation, which could lead to buying pressure and help XRP break out of the upper boundary of the channel pattern.

Meanwhile, traders appear to be strongly betting on long positions. According to on-chain data, traders are currently over-leveraged at $2.143 on the lower side and $2.23 on the upper side.

XRP Exchange Liquidation Map
XRP Exchange Liquidation Map | Source: CoinGlass

At these levels, long positions outnumber short positions. The data shows that traders have built $20.18 million worth of long positions at $2.143, compared to $14.55 million worth of short positions at the $2.23 level.

This suggests that the bulls are back in action and could soon propel the asset to the $2.60 level.

FLOKI Crypto Eyes 62% Upside Target Pending Reclaim of Liquidity Zone

Chandan Gupta
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0
FLOKI Crypto Eyes 62% Upside Target Pending Reclaim of Liquidity Zone

Key Insights:

  • FLOKI crypto remained below the 0.000084 resistance zone despite a recent Golden Cross signal.
  • FLOKI crypto price is trading under all key weekly moving averages, including the 99-period MA at 0.00011174.
  • The 0.000054–0.000070 range continued to act as a strong accumulation and reversal zone.

FLOKI crypto showed signs of recovery across multiple timeframes, while analysts observed critical resistance and momentum levels. More so, recent upward movement has attracted short-term interest; FLOKI price continues to face technical barriers that could determine its next trend direction.

Rejection at Key Resistance Caps FLOKI Crypto Recovery Attempts

According to analyst Jelle, FLOKI crypto recently registered a Golden Cross formation on the daily chart. This occurred as the short-term moving average crossed above the long-term average, which typically signaled medium-term bullish intent.

Floki Crypto Chart
Floki Crypto Chart, Source: X

Despite being a bullish crossover, FLOKI crypto continued trading below an important reclaim level pegged at $0.0000893885. This level corresponded with the breakdown structure of 2025, which was previously misplaced in the year. FLOKI crypto price attempted to re-enter this liquidity zone again, but was unable to remain above it, which was an indication of sustained resistance.

Furthermore, liquidity zone of $0.0000840000 has repelled retests severally, stamping its position as a strong barrier. FLOKI crypto will trade below this level until it recoups and consolidates above this level, with upside continuation uncertain. The analyst further noted of historical accumulation base as a demand zone between $0.0000540000 and $0.0000700000.

Besides, if the reclaim zone is breached and held, the next upside FLOKI crypto price target sits at $0.0001500000. This would represent a +62% move from current levels and revisit the 2024 range lows, providing a potential pivot for broader bullish momentum.

FLOKI Crypto Faces Rejection Despite Short-Term Bounce

Analyst CryptoGenzo noted that FLOKI crypto has recorded a 5.25% gain from a multi-week low of $0.00004545. However, the FLOKI price remained below all three key moving averages—MA(7), MA(25), and MA(99)—indicating the broader trend is bearish.

Floki Crypto Chart
Floki Crypto Chart, Source: X

The MA(7) at $0.00008319 and MA(25) at $0.00008603 are acting as dynamic resistance. Until these are reclaimed, FLOKI crypto price will encounter near-term rejection on upward moves. Also, the analyst pointed out that stronger momentum will be required to overcome this MA cluster.

Additionally, long-term MA(99) with a value of $0.00011174 brought in the upper limit of full reversal. FLOKI crypto had to finish strong above this level on a large weekly volume to signal a trend switch. In its absence, the short-term reward could be restricted to reactive purchasing.

Further to that, the analyst referenced a November 2023 candle that triggered a parabolic breakout, noting that a similar structure has not yet appeared. A comparable weekly bullish engulfing formation could support a more sustainable FLOKI crypto price prediction toward the MA(99) level.

Volatility Builds Amid Struggles to Break Above Mid-Range Barrier

Moreover, a separate short-term analysis showed FLOKI crypto in a consolidation phase. Floki price continued to trade at $0.00007285, just below the 20-period simple moving average (SMA) mid-band at $0.00007384.

In addition, Bollinger Bands were moderately expanding, with the higher band at $0.00007816 and the lower band at $0.00005959. This expansion followed a prior squeeze, indicating that the asset’s volatility is on the rise. FLOKI crypto price failed to close convincingly above the mid-band on several recent attempts.

FLOKI Crypto Chart,
FLOKI Crypto Chart, Source: TradingView

A confirmed close above the upper Bollinger Band could indicate short-term breakout continuation toward the psychological $0.00008000 zone. If FLOKI price fails to hold above the mid-band, a pullback toward the lower band or even $0.00006500 is possible.

On the other hand, the MACD indicator showed a bullish crossover. The MACD line is above the signal line, and the histogram printed green bars, indicating early-stage bullish momentum.

However, the histogram slope has started to flatten slightly, suggesting a potential slowdown in momentum. For the bullish scenario to persist, increased trading volume will be essential to confirm strength behind the move.

As a result, when the momentum slows, and the coin fails to establish higher lows, FLOKI crypto price might eventually move towards support tests around $$ $0.00006500. Otherwise, MACD remained in the positive territory, yet further confirmation is necessary.

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