Pepe (PEPE) trades in the red on Tuesday after failing to secure a daily close above the $0.00000500 psychological level on Monday. The technical outlook remains mixed as the meme coin consolidates.
Chainlink (LINK) began the week on a stable footing, trading around $13.70 at the time of writing on Tuesday, holding above a key support zone.
Hyperliquid (HYPE) edges lower by 3% at press time on Tuesday, extending the downtrend for the sixth consecutive day. Derivatives data support the bearish outlook as risk-off sentiment spreads among traders, driven by heavy long liquidations.
Shiba Inu (SHIB) price steadies around $0.0000092 at the time of writing on Tuesday, after rebounding 3% and finding support around the key level.
Privacy coins, including Canton (CC) and Zcash (ZEC), alongside Luna Classic (LUNC), rank among the top gainers in the broader cryptocurrency market over the last 24 hours, with double-digit gains.
Cardano (ADA) price steadies around $0.43 at the time of writing on Tuesday after rallying nearly 4% the previous day. Growing accumulation among holders and strengthening derivatives signals bullish sentiment, positioning ADA for a potential move toward the next key resistance zone.
Memecoins Dogecoin (DOGE) and Shiba Inu (SHIB) are testing key resistance levels ahead of the Federal Open Market Committee (FOMC) interest rate decision on Wednesday. With market participants expecting a 25-basis-point rate cut, both memecoins could face pressure near key levels.
Asset manager BlackRock wants to launch a Staked Ethereum (ETH) ETF, according to a registration statement filed with the Securities and Exchange Commission (SEC) on Friday.
Ethereum (ETH) is up 3% on Monday as BitMine disclosed holdings of 3.86 million ETH. The firm's weekly update follows several long bets on the top altcoin from key whales on Hyperliquid.
Ripple (XRP) is trading at around $2,10 at the time of writing on Monday, after bouncing off its short-term support at $2.00.
Bitcoin (BTC) is trading marginally above $92,000 at the time of writing on Monday, supported by improving market sentiment ahead of the Federal Reserve (Fed) monetary policy decision on Wednesday.
Solana (SOL) edges higher by almost 5% at press time on Monday after a Doji candle formation on Sunday. Derivatives data indicate a rise in funding rate, signaling reduced incentive for traders to hold short positions.
Pi Network (PI) has been in a steady decline below the 50-day Exponential Moving Average (EMA), trading near $0.2200 at press time on Monday.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) record a minor recovery on Monday, starting the week on a positive note. The retail demand for major cryptocurrencies remains strong despite outflows from Bitcoin and Ethereum Exchange Traded Funds (ETFs).
Altcoins, including Monero (XMR), Aster (ASTER), and Bonk (BONK), are at risk of extending their losses as the broader cryptocurrency market stalls amid the dragging peace talks between Ukraine and Russia.
Bitcoin traders are counting on a year-end rally, awaiting a return above the $100,000 milestone. Bitcoin-based investment products are struggling with declining inflows and weaker institutional demand, relative to the beginning of the year.
Chainlink (LINK) is exhibiting weakness, trading at around $13.84 at the time of writing on Friday. The decline marks the second consecutive day under increasing selling pressure. If bulls fail to reclaim key levels and flip them into support, a 16% decline to $12.76 would be on the cards.
Ripple (XRP) is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot Exchange Traded Funds (ETFs).
Luna Classic (LUNC) price rises by 20% at press time on Friday, a week before its founder Do Kwon’s sentencing hearing over the $40 billion Terra collapse fraud. A boost in token burn of over 959 billion LUNC so far in December inflates demand artificially by reducing available supply.
Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.
Ethereum (ETH) swells over 1% at press time on Friday, extending its struggle at the confluence of the local resistance trendline and an overhead supply zone.
Pi Network (PI) edges lower on Friday for the third consecutive day, approaching a local support trendline. The on-chain data suggests an increase in supply pressure as Centralized Exchanges (CEXs) experience a surge in inflows.
Zcash (ZEC), MYX Finance (MYX), and Dash (DASH) are the top-performing assets in the top 100 cryptocurrency list over the last 24 hours. The privacy coin leads the rally while MYX and DASH struggle to clear their 100-day Exponential Moving Averages (EMA).
Aster (ASTER) is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual Decentralised Exchange (DEX) had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.
Ripple (XRP) is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.
Hyperliquid (HYPE) struggles to surface above $35 as a local resistance trendline caps the two-day recovery run. Hyperliquid Strategies Inc. (PURR) transfered 12 million HYPE tokens to Hypercore and staked 425,000 tokens, which reflects confidence.
Cardano (ADA) is extending its recovery for the second consecutive day, trading at around $0.4400 at the time of writing on Thursday. If this recovery leg from Monday's $0.3707 level steadies in the coming days, Cardano bulls could push toward a bullish December.
Bitcoin (BTC) is holding above its short-term support at $93,000 at the time of writing on Thursday. The uptrend from Monday’s low of $83,822 has shrugged off the wobbly institutional. Still, the much-awaited breakout to $100,000 could face challenges, especially due to low retail demand.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) stall their two-day recovery on Thursday as the boost from Vanguard Group’s lifting the crypto Exchange Traded Funds (ETFs) ban wanes.
Avalanche (AVAX) takes a breather above $14.00 at press time on Thursday after two consecutive days of recovery. Still, a largely sideways trend in AVAX futures Open Interest (OI) below the $600 million mark reflects an overall risk-off sentiment among investors.