Crypto analyst ChartNerd has predicted that the XRP price could reach double digits in this market cycle. The analyst earlier alluded to the Fibonacci levels in previous cycles as the reason why the altcoin can record such a parabolic surge in this market cycle. XRP Price Eyes Rally To $27 In This Cycle In an X post , ChartNerd declared that an XRP price rally to between $8 and $27 is still loading. He made this statement while alluding to a previous analysis , in which he noted that the altcoin met both of its 1.272 and 1.1618 Fibonacci levels . The analyst then remarked that this cycle’s Fib 1.272 and 1.618 levels are $8.40 and $27. Crypto analyst Egrag Crypto has also predicted that the XRP price can rally to as high as $27 in this market cycle. The analyst had previously highlighted several reasons why the altcoin can reach this target, including alluding to the 2017 market cycle when XRP recorded a legendary gain of around 63,000%. The analyst is confident that the altcoin can replicate this run. Related Reading: XRP Price Enters Accumulation Phase – Why $2.08 Must Hold Or Risk A Crash Meanwhile, in one of his most recent analyses, Egrag Crypto stated that the signal points to a target of $10, $18, and $27 for the XRP price. His accompanying chart showed that the altcoin can reach this target in the second half of this year. Meanwhile, the analyst also recently highlighted a bullish candle formation, which showed that XRP can at least reach $22. Crypto analyst Dark Defender predicted that the XRP price is about to witness an upcoming surge to $23. He noted that the altcoin is forming another Wave Structure in the weekly timeframe, creating the potential rally to this target. The analyst added that this new wave structure aligns with the previous targets and historical pattern in November 2024. What To Expect In The Short Term In an X post , Dark Defender provided insights into what to expect from the XRP price action in the short term. The analyst stated that, on the weekly chart, XRP is moving towards the primary resistance level at around $2.40. The support level to watch on this move is $2.2222, while $5.85 is the target as the altcoin eyes a rally to the upside. Commenting on the short-term move for the XRP price, Egrag Crypto stated that XRP has to close above $2.30, $2.35, $2.36, $2.45, and $2.65 to have a bullish breakout. The analyst claimed that $2.65 is the ‘Go-Go’ signal as the altcoin eyes a rally to a new all-time high (ATH). At the time of writing, the XRP price is trading at around $2.12, down almost 3% in the last 24 hours, according to data from CoinMarketCap.
Grayhoood, a crypto trader, said on X that Litecoin is currently experiencing a bearish trend, emphasizing the ongoing weakness in price action. Over the past 24 hours, LTC has decreased by 2.8%, and the candlestick charts reflect a noticeable downward movement. As shown in the chart he referenced, LTC started the day around $89.00 but faced a sharp decline, dropping to $87.00 before managing a brief recovery to $88.50. However, the price has since fallen again to $84, indicating sustained selling pressure in the short term. Momentum Fades: RSI Drifts Toward Oversold Territory According to Grayhoood, current technical indicators suggest that Litecoin may face further downside, with multiple metrics aligning to support a bearish short-term outlook. One of the primary indicators in focus is the Relative Strength Index (RSI), which appears to be drifting toward oversold territory. Related Reading: Indecisive Close For Litecoin, But The Real Story Lies In BTC.D’s Next Move While such a move could hint at a potential bounce, Grayhoood cautions that it also signals bearish sentiment in the market. Beyond the RSI, momentum oscillators such as the Stochastic indicator and the Commodity Channel Index (CCI) are also painting a gloomy picture. These tools are typically used to gauge market reversals and the strength of ongoing trends. In this case, both are tilting toward further downward momentum if no strong bullish catalyst appears, especially as prices struggle to hold above the $87 support level. Short-Term Declines Contrast with Yearly Gains in LTC’s Moving Averages The analyst further highlighted a mixed outlook from Litecoin’s moving averages, suggesting a market caught between short-term weakness and long-term potential. In the near term, shorter-duration averages are flashing strong sell signals. These are driven by LTC’s recent negative performance, with a -9.0% drop over the past week and a -12.5% decline over the last two weeks, painting a clear picture of growing bearish momentum and sustained selling pressure. Related Reading: Market Expert Projects ‘Undervalued’ Litecoin To Soar At Least 1,000% — Here’s How However, the longer-term moving averages tell a different story. Despite recent setbacks, Litecoin has posted a 2.3% gain over the past year, which keeps the long-term trend technically bullish. This divergence suggests that while short-term traders may be responding to immediate price volatility and weakness, long-term investors could still see value in the asset, especially if broader market conditions stabilize or improve. That said, the broader market sentiment currently leans bearish, weighed down by Litecoin’s inability to maintain key support levels amid recent price volatility. Even with long-term growth providing a degree of optimism, the prevailing trend is defined by downward pressure and uncertainty. Until short-term indicators begin to align with the long-term bullish structure, Litecoin may continue to face a challenging environment. Featured image from Adobe Stock, chart from Tradingview.com
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
2025 is shaping up as a pivotal year for crypto, with BlockDAG, Cardano, Aptos, and Litecoin emerging as top gainers due to their robust infrastructure and innovative developments. These projects
When 2024 wrapped up, the SHA256 consensus algorithm used by Bitcoin ranked third in profitability, but now, as we kick off June 2025, it shares the top spot, matched up with Litecoin’s Scrypt. SHA256 and Scrypt Tie for Top Mining Profits in June 2025 Dec. 29, 2024 saw Scrypt, the mining method for litecoin (
The latest technical review explores the performance of long-standing cryptocurrencies like Litecoin , Bitcoin Cash , and Ethereum Classic . Amidst the evolving digital market, these legacy coins face fresh challenges and opportunities. This article delves into whether they are poised for growth or fading into obscurity, offering key insights for savvy investors. Litecoin Market Analysis: Short-Term Recovery Against Long-Term Decline Litecoin showed a mild recovery over the past month, with a price rise of 5.94%, hinting at brief optimism in its trading activity. A closer look reveals a weekly drop of 7.48%, reflecting short-term volatility. Over the last six months, however, the coin has experienced a significant decline of 35.18%, underscoring the long-term pressure it faces. Price movements indicate a mix of sporadic gains and a generally bearish trend, keeping market participants alert to potential reversals and pullbacks. The current trading range for Litecoin sits between $76 and $102, defining its immediate boundaries for buyers and sellers. Key resistance is noted near $117.63, with a tougher barrier at $143.53 that may restrict sharp upward moves. Support is established at 65.82 dollars, with a deeper cushion at 39.91 dollars if prices fall further. The negative readings from the Awesome Oscillator and Momentum Indicator suggest that bears currently hold sway. The RSI near 42.77 reinforces caution without indicating an oversold condition. Traders may consider testing lower support for entry or waiting for a break above resistance for fresh bullish momentum, balancing risk with short-term profit ideas. Bitcoin Cash: Recent Swings Amid Mixed Market Pressure Bitcoin Cash experienced a one-month gain of roughly 14% alongside a six-month decline nearing 35%. This period showed moments of short-term strength despite an overall weakening trend over the half-year. The price action over the recent month displayed signs of recovery and buyer interest, but the broader six-month performance reflected significant downside pressure. Historical movements indicate that while the asset can rally in the short term, longer trends still point toward caution and the need to monitor for potential reversals. The coin currently trades in a range between $356 and $468, with the first resistance at $520 and a secondary barrier around $632. Support zones materialize at approximately $296 and a deeper level near $184, which could prove pivotal if selling pressure increases. A modestly positive Awesome Oscillator reading hints at underlying buyer engagement, while a Momentum Indicator coupled with a neutral RSI signals that sellers are actively contesting the gains. There is no clear trend at the moment, with bulls and bears both playing a role in the observed range-bound action. Trading ideas include careful accumulation near the $296 support and watching for potential breakouts above $520 to confirm a bullish move or managing risk if prices retreat toward the deeper support level near $184. Ethereum Classic: Price Trends and Key Levels in Focus Ethereum Classic delivered an 8.42% gain over the past month, contrasting with a steep 54.71% drop over the last six months. Price action has shown mixed strength, with a recent recovery unable to fully offset the broader downtrend. This performance indicates attempts to bounce back amid ongoing volatility, highlighting a delicate balance between short-term gains and long-term challenges. The current trading range for Ethereum Classic is between $14.70 and $20.10, with key technical levels shaping its outlook. Immediate resistance is at $23.25, while support is firm at $12.44. Bears are currently in control, with negative momentum indicators. Although the recent monthly gain suggests potential recovery, a one-week decline of 6.06 percent raises caution. The RSI at 44.62 indicates a neutral market, with trading ideas focusing on watching for a bullish breakout above $23.25 while monitoring the support at $12.44 for any signs of further decline. Conclusion Litecoin , Bitcoin Cash , and Ethereum Classic continue to hold relevance. Litecoin remains attractive due to its faster transaction times. Bitcoin Cash appeals with its larger block size, offering efficient processing. Ethereum Classic, while often overshadowed, maintains its value proposition for supporters of the original Ethereum vision. These cryptocurrencies face evolving challenges but continue to adapt and find their place amid newer entrants. The technical aspects suggest potential but also highlight the need for ongoing innovation to stay competitive. These legacy cryptocurrencies persist and adapt, showcasing enduring viability in a modern market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Bitcoin has spent the majority of the week trading within a tight consolidation range. But unlike previous consolidations, this one carries a bullish undertone. With price action holding above major support levels and forming potential structural shifts, traders are on alert for a breakout move. Bitcoin’s ( BTC ) recent price action has been marked by low volatility and declining volume, but this may not be a sign of weakness. Instead, the technical structure and support dynamics suggest that the market is coiling before its next move. Price remains above critical support zones, and volume behavior is characteristic of accumulation, potentially setting the stage for a breakout. Key technical points Point of Control Support: Bitcoin is holding above the POC, which aligns with both the bullish channel low and the 0.618 Fibonacci retracement. Rounded Bottom Formation: Price structure on the 4-hour chart is morphing into a rounded bottom pattern, often a precursor to upward momentum. Volume Decline Indicates Accumulation: Volume has been declining as price compresses above support — a common signal of accumulation before expansion. BTCUSDT (4H) Chart, Source: TradingView Bitcoin has been consolidating within a narrow range, but the location of this range is what makes it significant. Instead of compressing beneath resistance or within a neutral zone, price is resting on a technically strong support cluster. The Point Of Control, the price level with the highest traded volume, coincides with the channel low support and the 0.618 Fibonacci retracement, creating a robust zone that has held through multiple retests. You might also like: Lightchain AI grabs watchlist spots while Litecoin waits for a market shift that never comes On the 4-hour timeframe, candles have been consistently closing above this level, signaling that buyers are defending the zone. The price structure is gradually forming what appears to be a rounded bottom, suggesting a possible reversal pattern and strength building at support. Volume has been tapering off during this period, a common feature in accumulation phases. Typically, such low-volume compressions resolve in sharp, directional breakouts once volume re-enters the market. In Bitcoin’s case, a reclaim of the value area high will be the first signal of strength. This level has acted as a ceiling in recent weeks and marks the upper boundary of the current volume profile. What to expect in the coming price action If Bitcoin continues to hold above the POC and confirms a breakout with volume, a push toward a new all-time high is likely. Until then, traders should monitor volume closely, a spike could signal the end of this accumulation phase and the beginning of a major move. Read more: Punisher Coin forecast: How this new memecoin plans to outpace DOGE, PEPE
When price charts start flashing green, traders take notice. Litecoin (LTC) recently broke past the $90 mark, signaling renewed bullish energy backed by solid technicals. Polkadot (DOT) is also showing signs of life, with long-term forecasts pointing toward a climb that could push it beyond $10 by 2025. However, it’s BlockDAG that’s capturing real-time momentum through strategy, not speculation. With its X1 miner app hitting the milestone of 1.5 million users, taking adoption and mining accessibility to the next level. Buyer Battles driving presale acceleration and a $0.018 limited-time offer in place ahead of the June 13 reveal, BlockDAG is doing more than riding a trend; it’s actively building one. The numbers are clear, and interest is only growing. Buyer Battles Fuel BlockDAG’s Climb as June 13 Reveal Nears BlockDAG’s momentum just hit another level, its X1 miner app has officially crossed 1.5 million users. This makes it one of the largest mobile mining platforms in crypto before mainnet launch. The milestone proves massive real-world engagement, as users aren’t just watching, they’re actively accumulating BDAG through mobile mining. This wave of participation is snowballing into more than just downloads. Buyer Battles, the project’s gamified daily leaderboard, continues to drive competitive buying with 150M BDAG in rewards, turning routine presale contributions into viral moments. Screenshots of leaderboard wins, referral links, and reward claims are flooding social media, boosting BlockDAG’s visibility far beyond typical presale buzz. So far, the presale has raised over $287 million with more than 21.9 billion BDAG coins sold. It’s now in batch 28 at $0.0262, but a limited-time $0.018 offer runs until June 13, creating urgency ahead of the Go Live Reveal. That date is set to confirm listings on major platforms like MEXC and BitMart. With ROI already at 2,520% since batch 1 and user growth accelerating daily, BlockDAG isn’t riding on hype, it’s proving real traction. In addition, BlockDAG’s referral program has also accelerated, with users reporting thousands of dollars in BDAG earned by simply sharing their links. As competition and community energy mount, BlockDAG is making its case as the best crypto to invest in long term. Ultimately, it is not through empty promises, but through a strategy that translates hype into capital. All eyes are now on June 13, where the project’s next chapter will officially begin. Litecoin Crosses $90 Mark, Signaling Upward Momentum Litecoin (LTC) recently surpassed the $90 resistance level, marking a 2.1% increase within 24 hours. This uptick is attributed to global market uncertainties, including geopolitical tensions and economic shifts. Moreover, technical analysis indicates strong support around $87.90, suggesting potential for further gains if this level holds. In particular, the current pattern of higher lows reinforces a bullish outlook for LTC's price potential. As of June 4, 2025, Litecoin is trading at $90.08, with an intraday high of $90.95 and a low of $89.24. Overall, the consistent upward trend and market dynamics point towards a promising trajectory for LTC's value in the near term. Polkadot's Path to $10: Assessing DOT's Price Growth Potential Polkadot (DOT) is currently trading at $4.07, reflecting a modest decline of 2.16% from the previous close. Nevertheless, analysts project that DOT could reach up to $10.40 by 2025, driven by developments such as the integration of Lido for liquid staking on Moonbeam and Moonriver platforms. Additionally, forecasts suggest a potential price range between $4.14 and $13.90 in 2025, with a critical Fibonacci retracement level at $14.04 serving as a key indicator for upward movement. Looking further ahead, projections indicate that DOT could approach $78.98 by 2030, reflecting substantial growth as the network continues to expand and evolve. Taken together, these forecasts underscore the potential for significant Polkadot (DOT) price growth in the coming years. Momentum Builds Across Top Tokens, But BlockDAG Leads the Charge While Litecoin (LTC) holds above $90 and Polkadot (DOT) sets its sights on future growth, neither project is generating the same level of real-time engagement seen with BlockDAG. The combination of Buyer Battles, a surging referral program, and a rapidly closing presale window has created a feedback loop of interest and investment. With over $287 million raised and a clear push toward the June 13 Go Live Reveal, BlockDAG’s momentum is not hypothetical; it’s happening now. For those watching market activity closely, the best crypto to invest in long term may already be proving its case. Presale: https://purchase.blockdag.network Website: https://blockdag.network Telegram: https://t.me/blockDAGnetworkOfficial Discord: https://discord.gg/Q7BxghMVyu Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Lightchain AI climbs watchlists with $21m raised, while Litecoin lags, waiting for a shift that may not come. Table of Contents Litecoin struggles to regain relevance in a rapidly evolving market Lightchain AI rises to top of watchlists with consistent buyer interest Transform attention into action with Lightchain AI Lightchain AI is garnering significant attention in the blockchain space, securing top positions on watchlists and establishing itself as a promising emerging platform. With all 15 stages successfully completed and a Bonus Round now underway at a fixed price of $0.007, the project has raised nearly $21 million, supported by a notable increase in wallet activity from active buyers. Driven by its unique approach and rapid growth, Lightchain AI is positioning itself as a leader in the industry with strong momentum for future success. On the other hand, Litecoin finds itself stuck in a cycle of stagnation, waiting for a market shift that never seems to materialize. This article dives into the contrasting journeys of these two players, exploring how Lightchain AI propels forward while Litecoin struggles for relevance in an evolving industry. Discover what sets them apart and what’s driving these divergent paths. You might also like: Lightchain AI hits bonus round milestone as Avalanche battles consolidation patterns Litecoin struggles to regain relevance in a rapidly evolving market Litecoin (LTC) , which was once touted to be the silver to Bitcoin’s gold, is struggling to set new records comparative to Bitcoin and other crypto assets. Despite its strong roots and superior transactional throughput, Litecoin has been far surpassed by more cutting-edge platforms such as Ethereum and its stronger smart contract support and ecosystem. As of June 1, 2025, Litecoin has a price of $86.73, which represents a modest 1.72% gain. But this is well under its all time high of $412.96. Technical analysis does not preclude a rally of a few dollars, even to $120 should significant resistance be breached, but the overall picture is bearish. According to the 2025 forecast, the maximum price may reach about $201, provided that the market situation and the mainstream recognition improves. Efforts to rekindle interest in Litecoin range from the creation of a spot Litecoin ETF that, if approved, could draw in institutional buyers and give the price a lift. Further, Litecoin’s focused on transaction fees and network stability also remains attractive for some user groups. Lightchain AI rises to top of watchlists with consistent buyer interest Lightchain AI (LCAI) is rapidly emerging as a standout in the crypto landscape, drawing significant attention from both retail and institutional investors. With over $21 million raised during its presale at a fixed price of $0.007 per token, the project has become one of the most watched in 2025. Unlike many projects that rely on flashy marketing, Lightchain AI’s appeal lies in its robust technological foundation. The platform introduces the Proof-of-Intelligence (PoI) consensus mechanism, rewarding nodes for executing valuable AI computations, and the Artificial Intelligence Virtual Machine (AIVM), designed for seamless AI-specific task execution on the blockchain. This approach has not gone unnoticed. Notably, investors from established cryptocurrencies like Litecoin and Binance Coin are shifting their focus to Lightchain AI, attracted by its potential for substantial returns. As the presale progresses, Lightchain AI continues to solidify its position as a promising player in the intersection of AI and blockchain technology. With a clear roadmap and growing community support, it stands poised for significant growth in the evolving crypto market. Transform attention into action with Lightchain AI Turn attention into action with Lightchain AI — the chance to grab fixed pricing during the Bonus Round won’t last long! With over $21 million raised and all presale phases behind us, Lightchain is moving from vision to reality. Public GitHub repositories are about to go live, paving the way for open development and full transparency. Powered by fair, growth-driven tokenomics, the project has also launched a $150,000 grant pool to supercharge dApps, tools, and AI innovation. Don’t miss the chance to be part of a builder-first ecosystem that’s shaping the future. Join us now! To learn more about Lightchain AI, visit the webs ite , X , or Telegram . Read more: Lightchain AI surpasses presale goals as whales shift focus from under perming assets Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Coinbase, the largest cryptocurrency exchange in the United States, made an unexpected announcement for Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC) and Ripple (XRP) in the past weeks. Accordingly, the exchange announced that cbADA, cbDOGE, cbLTC and cbXRP, which are bridged versions of Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC) and Ripple (XRP) coins to the Base network, will be released soon. Related News: Bitfinex Analysts Said "The Rise or Fall in Bitcoin Depends on This Data!" And Shared All the Price Levels They Expect From Now On! The exchange has now announced that this announcement has been implemented for DOGE and XRP. Accordingly, Coinbase announced that it has launched two new wrapping tokens called cbXRP and cbDOGE on the Layer 2 Ethereum network Base. Both tokens are backed 1:1 by XRP and DOGE, which are under the custody of Coinbase. The exchange said the aim of the launch of the new tokens is to enable cross-chain usage of XRP and Dogecoin within Base’s DeFi ecosystem. “The launch of these assets expands Coinbase’s wrapped asset offerings and makes it easier for anyone to participate in the on-chain economy through Base’s open and permissionless platform,” a Base spokesperson said. Coinbase stated that while cbXRP and cbDOGE are currently in development, cbLTC and cbADA will be released at a later date. *This is not investment advice. Continue Reading: The Long-Awaited XRP and Dogecoin (DOGE) Announcement from Coinbase Has Arrived!