Bitcoin Cash bucked the market downtrend with a 2% rally to $500, becoming the week’s top performer among top 20 altcoins. However, technical analysis reveals warning signs of potential trend reversal.
Solana gained 3.2% to cross $144 following Sol Strategies’ latest ecosystem investment announcement. Despite the rally, technical analysis reveals bearish signals with a Death Cross at $160 limiting upside potential.
Dogecoin surged 16% this week to $0.16 following Trump’s ceasefire announcement and Fed Chair Powell’s positive crypto remarks. DOGE now trails Tron by just $1 billion in market cap rankings.
Pi Coin rallied 17% on Wednesday, emerging as the most-searched crypto asset ahead of the Pi2Day event on June 28. Technical analysis suggests potential for significant upside with a double bottom pattern formation.
Ethereum displays concerning double top formation at $4,000 resistance with current price locked in symmetrical triangle near $2,424. Long liquidations exceed shorts as market awaits decisive breakout.
Shiba Inu has posted a remarkable 17% gain over the past two days, outperforming Bitcoin and Ethereum as President Trump’s ceasefire calls spark renewed appetite for high-risk crypto assets.
Solana opened Monday at $135, down 20% from its June 12 peak of $163. However, network transaction throughput remains strong at 3,796 TPS, suggesting underlying demand persists despite the price decline.
XRP broke below the critical $2 level on Monday, marking its lowest point in 75 days amid legal uncertainty and global market pressure. A Head and Shoulders pattern suggests further downside risk to $1.50.
SHIB dropped 19% to $0.000011 but shows signs of recovery with 9.46 billion buy orders versus 6.28 billion sell orders on exchanges, creating bullish momentum.
TRON’s TRX has surpassed Dogecoin to claim the eighth position in cryptocurrency market capitalization rankings. The milestone comes as TRX benefits from increased USDT network activity and anticipation surrounding TRON’s upcoming public listing.
Bitcoin Cash jumped 7% on Thursday, leading top 20 cryptocurrencies as geopolitical tensions fuel demand for Bitcoin alternatives. Search interest rose 28% month-to-date, signaling renewed investor appetite.
The official TRUMP token recovered 1% on Thursday as new disclosures revealed Trump’s reduced ownership in World Liberty Financial from 60% to 40%. Traders view this as positive de-risking that could trigger further gains.
Bitcoin retreated to $104,800 after hitting $105,500 resistance as miners offloaded 30,000 BTC worth $3.2 billion over three weeks, dampening rebound prospects.
SPK plunged 70% post-launch as airdrop holders sold off. Spark’s DeFi platform remains strong, but the rollout strategy faces criticism.
Ethereum briefly lost the $2,000 support level as the trading volume of the cryptocurrency jumped 148%.